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DE VUYST GLENN

Active
Private limited companyfounded 2006active for 20 yearsKruyenberg(B) 9, 9290 Berlare, BelgiumKBO/BCE: BE 0879.021.621

From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

DE VUYST GLENN has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,726 and a net result of -€11,790. Equity has been growing by about 4.3% per year since 2019. Its solvency ranks better than 24% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

KBO
Status
Active since 31-01-2006 Normal situation
Activity
Floor and wall tiling NACE 43331and 1 other
Establishment unit
2.151.676.566 9290 Berlare, since 15-02-2006
Financial year end
31 March
Peppol
Reachable since 01-12-2025

Financial position

65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts to 31-03-2025
Gross margin
€71,841
▲ 44.7%
Turnover
≈ €270,000
estimated
Loss
€11,790
Equity
€58,726
▼ 16.7%
Total assets
€263,989
▼ 12.0%
Employees on 31-03-2025
2
▲ 100%
  • 2026 accounts not filed, 1 day past the deadline
Filed on 31-10-2025
Score breakdownraises riskFigures for financial year 2025 (filed on 31-10-2025)Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €263,989Founded in 2006Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 29% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 47-2
equity 22.2% of total assets
Liquidity 60-2
short-term debt 13.9% · cash 10.2%
Profitability 29-19
return on assets -4.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▼ -0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.2 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.9%▲ +0.4 percentage points vs 09-2026 11-2026: 1.0%▲ +0.1 percentage points vs 10-2026highest value
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.92 (2.66 in 2024), above the usual 1.5. Short-term debt is 13.9% and cash 10.2% of total assets. However, 77.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 24% of them on solvency, 58% on liquidity, 16% on profitability and 20% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2025 (filed on 31-10-2025)
NBB · annual accounts
lowers risk · Size: total assets €263,989
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
on the day
2024
2 days early
2023
5 days early
2022
3 days early
2021
2 days early
2020
9 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 1 day before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 89% of companies in specialised constructionsector median €10,227 · 34,889 companies -€11,790 View

Comparable companies

These companies have the same main activity as DE VUYST GLENN: floor and wall tiling (NACE 43331). They are comparable in size and age: total assets between €187,000 and €267,000, founded between 2002 and 2008.

CompanyTotal assetsGross margin
DE VUYST GLENN Berlare€263,989€71,841
ZERTEX Vilvoorde€261,191€67,943
CARRELAGES PIRAS Fleurus€266,579€71,173
QUATRUM Pont-à-Celles€256,184€80,629
BELGIAN TREASURES Gent€187,401€80,013
TEGELLUX Haaltert€250,555€49,475
VLOERWERKEN OTTEVAERE Wevelgem€210,204€74,898
Full comparison

Documents

Annual accounts at the NBB

All 19 annual accounts

Articles and registers

Key facts about DE VUYST GLENN

What is the company number of DE VUYST GLENN?
The company number of DE VUYST GLENN is 0879.021.621. The VAT number is the same number with BE in front: BE 0879.021.621.
Where is DE VUYST GLENN based?
The registered office is at Kruyenberg(B) 9, 9290 Berlare.Company details
What does DE VUYST GLENN do?
According to the KBO register, the main activity is floor and wall tiling (NACE 43331).
What is the legal form of DE VUYST GLENN?
The legal form of DE VUYST GLENN is Private limited company (BV).
When was DE VUYST GLENN founded?
DE VUYST GLENN was founded on 31-01-2006.
Is DE VUYST GLENN still active?
Yes, DE VUYST GLENN is an active enterprise in the KBO register.
How many employees does DE VUYST GLENN have?
DE VUYST GLENN had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DE VUYST GLENN?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €71,841 and 89 comparable companies (NACE 433). It probably lies between €180,000 and €460,000.
Is DE VUYST GLENN profitable?
In financial year 2025, DE VUYST GLENN made a loss of €11,790.
Where can I find the annual accounts of DE VUYST GLENN?
DE VUYST GLENN filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

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