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DEBAST

Active
Private limited companyfounded 20205 yrs activeZavelberg 8, 1760 Roosdaal, BelgiumKBO/BCE: BE 0756.720.061
Summary

The computed 12-month bankruptcy probability of DEBAST is 2.3% (moderate). The 2025 annual accounts show equity of €73,183 and a net result of €1,784. Equity is growing by ~6% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability53▼-46
Solvency83▼-17
Growth52=
Track record94
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.35 against 8.66 in 2024; short-term debt: 42.3% and cash: 16.6% of total assets), and 42.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
57.7%
Return on assets
1.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 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 · 3 filings
Deviation from the deadline
2025
46 d late
2024
411 d late
2021
123 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 193 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 1 December (3 of the last 3 filed years within 288 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 October 2020, DEBAST was incorporated as a Private limited company.1 Total assets went from EUR 94,494 in 2021 to EUR 126,763 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€73,183▲ 2.5%
2024 · €71,399
Total assets
€126,763▲ 57.3%
2024 · €80,595
Net result
€1,784▼ 90.9%
2024 · €19,527
Working capital
€72,547▲ 3.0%
2024 · €70,445
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202120242025
Operating result€66,464-€19,924-€3,752▼ 81.2%
Net result€51,187-€19,527-€1,784▼ 90.9%
Equity€56,187-€71,399-€73,183▲ 2.5%
Total assets€94,494-€80,595-€126,763▲ 57.3%
Debt€38,307-€9,196-€53,579▲ 483%
Working capital€62,437-€70,445-€72,547▲ 3.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €66,464€66,464Net result 2021: €51,187€51,187Operating result 2024: €19,924€19,924Net result 2024: €19,527€19,527Operating result 2025: €3,752€3,752Net result 2025: €1,784€1,784202120242025€0€20,000€40,000€60,000Operating result 2021: €66,464€66,500Net result 2021: €51,187€51,200Operating result 2024: €19,924€19,900Net result 2024: €19,527€19,500Operating result 2025: €3,752€3,750Net result 2025: €1,784€1,780202120242025
The operating result falls in 2025; 2025 is 81% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126,763
Fixed assets €636 ▼ 33.3%
Current assets €126,127 ▲ 58.4%
Equity and liabilities €126,763
Equity €73,183 ▲ 2.5%
Debt €53,579 ▲ 483%
Debt's share of the balance-sheet total rises from 11.4% to 42.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,070▼
2024 · €20,964
Cash flow
€2,102▼
2024 · €20,567
Current ratio
2.35▼
2024 · 8.66
Debt to equity
0.73▲
2024 · 0.13
ROE
2.4%▼
2024 · 27.3%
ROA
1.4%▼
2024 · 24.2%
Interest coverage
3.89▼
2024 · 52.75
Debt ≤ 1 year
€53,579▲
2024 · €9,196
Income taxes
€995
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,049 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.0% went bankrupt
3.7% stopped otherwise
94% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 5,049 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€80,595€126,763▲
Fixed assets21/28€954€636▼
Tangible fixed assets22/27€954€636▼
Furniture and vehicles24€954€636▼
Current assets29/58€79,641€126,127▲
Amounts receivable within one year40/41€50,326€104,790▲
Trade receivables40€2,476€39,701▲
Other amounts receivable41€47,850€65,089▲
Cash at bank and in hand54/58€29,009€21,030▼
Deferred charges and accrued income490/1€307€307=
Equity and liabilities
Total equity and liabilities10/49€80,595€126,763▲
Equity10/15€71,399€73,183▲
Contributions10/11€5,000€5,000=
Reserves13-€1,784
Distributable reserves133-€1,784
Profit (loss) carried forward14€66,399€66,399=
Amounts payable17/49€9,196€53,579▲
Amounts payable within one year42/48€9,196€53,579▲
Trade debts44€4,153€19,097▲
Suppliers440/4€4,153€19,097▲
Taxes, remuneration and social security45€5,043€34,482▲
Taxes450/3€5,043€29,232▲
Remuneration and social security454/9-€5,250
Income statement Code20242025
Remuneration, social security and pensions62-€474-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,040€318▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€7,219
Other operating charges640/8€166€18▼
Gross operating margin9900€20,656€11,306▼
Operating profit (loss)9901€19,924€3,752▼
Financial income75/76B-€75
Recurring financial income75-€75
Financial charges65/66B€397€1,047▲
Recurring financial charges65€397€1,047▲
Profit (loss) for the period before taxes9903€19,527€2,779▼
Income taxes67/77-€995
Profit (loss) for the period9904€19,527€1,784▼
Profit (loss) for the period to be appropriated9905€19,527€1,784▼
Appropriation of the result
Profit (loss) to be appropriated9906€66,399€68,183▲
Profit (loss) brought forward from the previous period14P€46,872€66,399▲
Transfer to equity691/2-€1,784
To other reserves6921-€1,784

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202120242025Change
Remuneration, social security and pensions62--€474--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€728€1,040€318▼ 69.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€7,219-
Other operating charges640/8€2,016€166€18▼ 89.2%
Gross operating margin9900€69,208€20,656€11,306▼ 45.3%
Operating profit (loss)9901€66,464€19,924€3,752▼ 81.2%
Financial income75/76B€1,388-€75-
Recurring financial income75€1,388-€75-
Financial charges65/66B€2,436€397€1,047▲ 164%
Recurring financial charges65€2,436€397€1,047▲ 164%
Profit (loss) for the period before taxes9903€65,416€19,527€2,779▼ 85.8%
Income taxes67/77€14,229-€995-
Profit (loss) for the period9904€51,187€19,527€1,784▼ 90.9%
Profit (loss) for the period to be appropriated9905€51,187€19,527€1,784▼ 90.9%
Line202120242025Change
Assets
Total assets20/58€94,494€80,595€126,763▲ 57.3%
Fixed assets21/28€3,621€954€636▼ 33.3%
Tangible fixed assets22/27€3,621€954€636▼ 33.3%
Furniture and vehicles24€3,621€954€636▼ 33.3%
Current assets29/58€90,873€79,641€126,127▲ 58.4%
Amounts receivable within one year40/41€66,842€50,326€104,790▲ 108%
Trade receivables40€28,057€2,476€39,701▲ 1,503%
Other amounts receivable41€38,785€47,850€65,089▲ 36.0%
Cash at bank and in hand54/58€22,764€29,009€21,030▼ 27.5%
Deferred charges and accrued income490/1€1,267€307€307=
Equity and liabilities
Total equity and liabilities10/49€94,494€80,595€126,763▲ 57.3%
Equity10/15€56,187€71,399€73,183▲ 2.5%
Contributions10/11€5,000€5,000€5,000=
Reserves13--€1,784-
Distributable reserves133--€1,784-
Profit (loss) carried forward14€51,187€66,399€66,399=
Amounts payable17/49€38,307€9,196€53,579▲ 483%
Amounts payable within one year42/48€28,437€9,196€53,579▲ 483%
Trade debts44€137€4,153€19,097▲ 360%
Suppliers440/4€137€4,153€19,097▲ 360%
Taxes, remuneration and social security45€28,300€5,043€34,482▲ 584%
Taxes450/3€28,300€5,043€29,232▲ 480%
Remuneration and social security454/9--€5,250-
Accrued charges and deferred income492/3€9,870---
Line202120242025Change
Profit (loss) for the period9904€51,187€19,527€1,784▼ 90.9%
+ Depreciation and write-downs630€728€1,040€318▼ 69.4%
Operating cash flow (approximation)€51,915€20,567€2,102▼ 89.8%
Investment in fixed assets (approximation)--€0-
Change in cash---€7,978-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 46 days late
15-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 411 days late
2025
31-12
Financial Weakest financial yearnet €1,784 ▼90.9%
Net result drops to €1,784, the lowest in the series.
2024
31-12
Financial Liquidity triplescurrent ratio 8.66
Current ratio from 3.20 to 8.66; short-term debt falls from €28,437 to €9,196.
2022
01-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 123 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Roosdaal
exact location from the address register On OpenStreetMap
Ground area
1,752 m²
Building footprint
130 m²
Volume, LiDAR
376 m³
Parcel 23097B0337/00L000, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23097B0337/00L000 Flanders 1,752 m² 1 · 130 m² 5.8 m · 1 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded19-10-2020
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.