DE VRIESE BERT
ActiveSummary
DE VRIESE BERT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €95,185 and a net result of €29,964. Equity is growing by ~19.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+2
Solvency79▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.31 in 2023; short-term debt: 38.3% and cash: 33.6% of total assets), and 45.7% of the assets are financed with debt.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
37 d early
2024
38 d early
2023
49 d early
2022
40 d early
2021
39 d early
2020
11 d late
2019
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€95,185▲ 12.5%
2023 · €84,633
Total assets
€175,137▼ 22.0%
2023 · €224,466
Net result
€29,964▼ 12.9%
2023 · €34,403
Working capital
€34,119▼ 4.2%
2023 · €35,611
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€30,579€19,318€18,800▼ 2.7%€45,995▲ 145%€39,113▼ 15.0%
Net result-€31,313below the sector's middle half€28,782above the sector's middle half€20,960within the sector's middle half▼ 27.2%€34,403above the sector's middle half▲ 64.1%€29,964above the sector's middle half▼ 12.9%
Equity€21,888within the sector's middle half▼ 58.9%€50,670within the sector's middle half▲ 131%€77,730within the sector's middle half▲ 53.4%€84,633within the sector's middle half▲ 8.9%€95,185within the sector's middle half▲ 12.5%
Total assets€131,334within the sector's middle half▼ 19.5%€159,414within the sector's middle half▲ 21.4%€195,032within the sector's middle half▲ 22.3%€224,466within the sector's middle half▲ 15.1%€175,137within the sector's middle half▼ 22.0%
Debt€109,445▼ 0.5%€108,743▼ 0.6%€117,302▲ 7.9%€139,832▲ 19.2%€79,952▼ 42.8%
Working capital€27,846within the sector's middle half▼ 26.3%€53,894within the sector's middle half▲ 93.5%€37,289within the sector's middle half▼ 30.8%€35,611within the sector's middle half▼ 4.5%€34,119within the sector's middle half▼ 4.2%
Solvency16.7%below the sector's middle half▼ 15.9pp31.8%within the sector's middle half▲ 15.1pp39.9%within the sector's middle half▲ 8.1pp37.7%within the sector's middle half▼ 2.2pp54.3%within the sector's middle half▲ 16.6pp
Current ratio1.32within the sector's middle half▼ 0.151.59within the sector's middle half▲ 0.261.49within the sector's middle half▼ 0.091.31within the sector's middle half▼ 0.181.51within the sector's middle half▲ 0.20
Return on assets (ROA)-23.8%below the sector's middle half▼ 36.7pp18.1%above the sector's middle half▲ 41.9pp10.7%within the sector's middle half▼ 7.3pp15.3%within the sector's middle half▲ 4.6pp17.1%within the sector's middle half▲ 1.8pp
Staff (FTE)0.7below the sector's middle half=0.8▲ 14.3%1.1▲ 37.5%1▼ 9.1%1=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 15% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €175,137
Fixed assets
€74,008 ▼ 1.1%
Current assets
€101,128 ▼ 32.4%
Equity and liabilities €175,137
Equity
€95,185 ▲ 12.5%
Debt
€79,952 ▼ 42.8%
Debt's share of the balance-sheet total falls from 62.3% to 45.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62,147▼
2023 · €66,805
Cash flow
€52,997▼
2023 · €55,213
Quick ratio
1.27▲
2023 · 1.09
Debt to equity
0.84▼
2023 · 1.65
ROE
31.5%▼
2023 · 40.6%
Interest coverage
49.21▲
2023 · 26.28
Debt ≤ 1 year
€67,009▼
2023 · €114,006
Debt > 1 year
€12,942▼
2023 · €25,826
Income taxes
€8,395▼
2023 · €9,469
Staff costs
€58,361▲
2023 · €56,500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €33,477 | €49,255 | €56,500 | €58,361 | ▲ 3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,718 | €9,312 | €12,163 | €20,810 | €23,034 | ▲ 10.7% |
| Other operating charges640/8 | - | €1,546 | €1,104 | €1,596 | €1,480 | ▼ 7.3% |
| Gross operating margin9900 | €28,783 | €63,653 | €81,322 | €124,901 | €121,988 | ▼ 2.3% |
| Operating profit (loss)9901 | -€30,579 | €19,318 | €18,800 | €45,995 | €39,113 | ▼ 15.0% |
| Financial income75/76B | - | €10,564 | €5,783 | €420 | €509 | ▲ 21.2% |
| Recurring financial income75 | €454 | €1,060 | €629 | €420 | €509 | ▲ 21.2% |
| Non-recurring financial income76B | - | €9,504 | €5,155 | €0 | - | - |
| Financial charges65/66B | - | €898 | €2,163 | €2,542 | €1,263 | ▼ 50.3% |
| Recurring financial charges65 | €973 | €898 | €2,163 | €2,542 | €1,263 | ▼ 50.3% |
| Profit (loss) for the period before taxes9903 | -€31,098 | €28,984 | €22,420 | €43,872 | €38,359 | ▼ 12.6% |
| Income taxes67/77 | €215 | €202 | €1,460 | €9,469 | €8,395 | ▼ 11.3% |
| Profit (loss) for the period9904 | -€31,313 | €28,782 | €20,960 | €34,403 | €29,964 | ▼ 12.9% |
| Profit (loss) for the period to be appropriated9905 | -€31,313 | €28,782 | €20,960 | €34,403 | €29,964 | ▼ 12.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €131,334 | €159,414 | €195,032 | €224,466 | €175,137 | ▼ 22.0% |
| Fixed assets21/28 | €17,439 | €13,682 | €82,258 | €74,848 | €74,008 | ▼ 1.1% |
| Intangible fixed assets21 | €5,357 | €3,929 | €2,500 | €1,071 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €10,531 | €8,202 | €75,207 | €69,226 | €69,457 | ▲ 0.3% |
| Plant, machinery and equipment23 | - | €6,324 | €16,275 | €23,782 | €19,798 | ▼ 16.8% |
| Furniture and vehicles24 | - | €908 | €698 | €488 | €17,983 | ▲ 3,586% |
| Leasing and similar rights25 | - | - | €57,433 | €44,323 | €31,213 | ▼ 29.6% |
| Other tangible fixed assets26 | - | €970 | €802 | €633 | €464 | ▼ 26.7% |
| Financial fixed assets28 | €1,551 | €1,551 | €4,551 | €4,551 | €4,551 | = |
| Current assets29/58 | €113,895 | €145,732 | €112,774 | €149,617 | €101,128 | ▼ 32.4% |
| Stocks and contracts in progress3 | €7,743 | €19,036 | €3,731 | €25,204 | €15,919 | ▼ 36.8% |
| Stocks30/36 | - | €19,036 | €3,731 | €25,204 | €15,919 | ▼ 36.8% |
| Amounts receivable within one year40/41 | €46,263 | €107,824 | €54,179 | €41,546 | €24,630 | ▼ 40.7% |
| Trade receivables40 | - | €82,915 | €45,639 | €31,486 | €21,246 | ▼ 32.5% |
| Other amounts receivable41 | - | €24,909 | €8,540 | €10,060 | €3,384 | ▼ 66.4% |
| Cash at bank and in hand54/58 | €58,421 | €16,912 | €53,386 | €79,262 | €58,828 | ▼ 25.8% |
| Deferred charges and accrued income490/1 | - | €1,960 | €1,478 | €3,605 | €1,751 | ▼ 51.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €131,334 | €159,414 | €195,032 | €224,466 | €175,137 | ▼ 22.0% |
| Equity10/15 | €21,888 | €50,670 | €77,730 | €84,633 | €95,185 | ▲ 12.5% |
| Contributions10/11 | - | €12,500 | €18,600 | €20,460 | €20,460 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Profit (loss) carried forward14 | €7,528 | €36,310 | €57,270 | €64,173 | €74,725 | ▲ 16.4% |
| Amounts payable17/49 | €109,445 | €108,743 | €117,302 | €139,832 | €79,952 | ▼ 42.8% |
| Amounts payable after more than one year17 | €23,397 | €16,901 | €41,817 | €25,826 | €12,942 | ▼ 49.9% |
| Financial debts170/4 | - | €16,901 | €41,817 | €25,826 | €12,942 | ▼ 49.9% |
| Amounts payable within one year42/48 | €86,049 | €91,838 | €75,485 | €114,006 | €67,009 | ▼ 41.2% |
| Current portion of amounts payable after more than one year42 | - | €6,496 | €15,610 | €15,991 | €12,884 | ▼ 19.4% |
| Trade debts44 | €8,651 | €35,025 | €24,083 | €47,771 | €4,770 | ▼ 90.0% |
| Suppliers440/4 | - | €35,025 | €24,083 | €47,771 | €4,770 | ▼ 90.0% |
| Advances received on contracts in progress46 | - | €24,128 | €25,939 | €19,897 | €16,952 | ▼ 14.8% |
| Taxes, remuneration and social security45 | - | €4,281 | €8,157 | €5,276 | €4,100 | ▼ 22.3% |
| Taxes450/3 | - | €3,300 | €7,005 | €4,125 | €2,912 | ▼ 29.4% |
| Remuneration and social security454/9 | - | €981 | €1,152 | €1,151 | €1,189 | ▲ 3.3% |
| Other amounts payable47/48 | - | €21,908 | €1,696 | €25,071 | €28,303 | ▲ 12.9% |
| Accrued charges and deferred income492/3 | - | €4 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€31,313 | €28,782 | €20,960 | €34,403 | €29,964 | ▼ 12.9% |
| + Depreciation and write-downs630 | €27,718 | €9,312 | €12,163 | €20,810 | €23,034 | ▲ 10.7% |
| Operating cash flow (approximation) | -€3,595 | €38,094 | €33,122 | €55,213 | €52,997 | ▼ 4.0% |
| Investment in fixed assets (approximation) | - | -€5,555 | -€80,739 | -€13,400 | -€22,194 | ▼ 65.6% |
| Change in cash | - | -€41,509 | €36,474 | €25,876 | -€20,434 | ▼ 179% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €34,403 ▲64.1%
Operating result €45,995, net result €34,403, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €28,782
Net result €28,782 after one loss-making year.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial
Weakest financial yearnet -€31,313
Net result drops to -€31,313, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2017
Ground area
429 m²
Building footprint
114 m²
Volume, LiDAR
687 m³
Parcel 46382B0729/00L000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Vriese Bert
since 20172.270.835.227
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B0729/00L000 | Flanders | 429 m² | 1 · 113 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,140. 7,705 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0685986374
Also
9925:BE0685986374
Registered
02-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.