DE VUYST CONCEPTS
ActiveDE VUYST CONCEPTS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-168k) and a net result of €-301k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
27
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-71
Solvency0▼-47
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.57 against 0.04 in 2023; short-term debt: 169.9% and cash: 15.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-70.5%
Return on assets
-126.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-168k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
62 d late
2023
26 d early
2022
32 d late
2021
72 d late
2020
62 d late
2019
95 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-168k
2023 · €133k
2018: €79k
2019: €93k
2020: €104k
2021: €105k
2022: €120k
2023: €133k
2018 → 2024
Total assets
€239k▼ 61.3%
2023 · €617k
2018: €648k
2019: €642k
2020: €634k
2021: €622k
2022: €610k
2023: €617k
2018 → 2024
Net result
€-301k
2023 · €13k
2018: €27k
2019: €13k
2020: €11k
2021: €2k
2022: €14k
2023: €13k
2018 → 2024
Working capital
€-173k▲ 59.8%
2023 · €-429k
2018: €-511k
2019: €-497k
2020: €-486k
2021: €-465k
2022: €-447k
2023: €-429k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€104k-€105k▲ 1.6%€120k▲ 13.4%€133k▲ 11.3%€-168k
Operating result€21k-€7k▼ 66.9%€24k▲ 255%€25k▲ 3.0%€-25k
Net result€11k-€2k▼ 84.8%€14k▲ 732%€13k▼ 4.4%€-301k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €25k after €25k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €239k
Fixed assets
€6k▼ 99.0%
Current assets
€233k▲ 1,281%
Key figures and ratios
EBITDA
€-15k▼
2023 · €32k
Cash flow
€-292k▼
2023 · €20k
Solvency
-70.5%▼
2023 · 21.6%
Current ratio
0.57▲
2023 · 0.04
Quick ratio
0.57▲
2023 · 0.04
Debt / equity
-2.42▼
2023 · 3.64
ROA
-126.2%▼
2023 · 2.2%
Interest coverage
-36.84▼
2023 · 15.50
Debt
€407k▼
2023 · €484k
Debt ≤ 1 year
€406k▼
2023 · €446k
Income taxes
€432▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€617k€239k▼
Fixed assets21/28€600k€6k▼
Tangible fixed assets22/27€9k€6k▼
Furniture and vehicles24€9k€6k▼
Financial fixed assets28€591k-
Current assets29/58€17k€233k▲
Amounts receivable within one year40/41€13k€1k▼
Trade receivables40€13k-
Other amounts receivable41-€1k
Current investments50/53-€195k
Cash at bank and in hand54/58€4k€37k▲
Equity and liabilities
Total equity and liabilities10/49€617k€239k▼
Equity10/15€133k€-168k▼
Contributions10/11€19k€19k=
Reserves13€114k€114k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€113k€114k▲
Profit (loss) carried forward14-€-301k
Amounts payable17/49€484k€407k▼
Amounts payable after more than one year17€36k-
Other amounts payable178/9€36k-
Amounts payable within one year42/48€446k€406k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€6k€6k▼
Suppliers440/4€6k€6k▼
Taxes, remuneration and social security45€16k€11k▼
Taxes450/3€16k€11k▼
Other amounts payable47/48€422k€390k▼
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€35k€-13k▼
Operating profit (loss)9901€25k€-25k▼
Financial income75/76B€5€193k▲
Recurring financial income75€5€3k▲
Non-recurring financial income76B-€190k
Financial charges65/66B€2k€469k▲
Recurring financial charges65€2k€420▼
Non-recurring financial charges66B-€469k
Profit (loss) for the period before taxes9903€23k€-301k▼
Income taxes67/77€9k€432▼
Profit (loss) for the period9904€13k€-301k▼
Profit (loss) for the period to be appropriated9905€13k€-301k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-301k▼
Transfer to equity691/2€13k-
To other reserves6921€13k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 62 days late
2024
31-12
Financial
Weakest financial yearnet €-301k ▼2333%
Net result drops to €-301k, the lowest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 72 days late
2021
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 62 days late
2020
31-12
Financial
Equity above €100kEq €104k ▲12.1%
3 profitable years in a row build equity to €104k.
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
20-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, De Haan · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Driftweg 58420 De HaanGround area
237 m²
Building footprint
169 m²
Volume, LiDAR
1,657 m³
Parcel 35007A0007/00A003, Flanders · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DE VUYST CONCEPTS
since 20082.178.025.528
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35007A0007/00A003 | Flanders | 237 m² | 1 · 169 m² | 16.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
LMG CONCEPT
BE 0840.052.068
Wavre · Eq €134k
Porte O' Glass
BE 0675.879.271
Zutendaal · Eq €132k
STONE PLUS
BE 0810.583.072
Beringen · Eq €135k
LEUZE MATERIAUX
BE 0738.471.193
Leuze-en-Hainaut · Eq €131k
GOODWOODZ
BE 0803.249.575
Brugge · Eq €130k
Of 1,137 companies in sector 46130 we hold annual accounts for 646. 519 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-11-2008
Fiscal year end31-12
Activities, NACEBEL
46130Agents in the wholesale of timber and building materials
23700Cutting, shaping and finishing of stone
46190Agents in non-specialised wholesale trade
46831Wholesale of construction materials, general range
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.