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DEBECONSTRUCT

Active Risk: not assessed
Private limited companyfounded 2021active for 5 yearsLostraat 9, 8760 Tielt, BelgiumKBO/BCE: BE 0770.615.114
Summary

DEBECONSTRUCT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €35,766 and a net result of €15,766. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 251 sector peers (NACE 64, financial year 2026). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€81,889total assets 2026
Equity
€35,766
Profit
€15,766
Turnover not published (micro format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Accounts 54 days early0 of 2 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 07-09-2026, 54 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2026
54 days early
2025
24 days early
2024
38 days early
2023
180 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 74 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 15 September (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · micro…
  2. Weakest financial yearnet €15,766 ▼69.4%
  3. Annual accounts filedfinancial year 2025 · micro…

Financials · financial year 2026, micro format

Equity
€35,766▼ 72.1%
2025 · €128,335
Net result
€15,766▼ 69.4%
2025 · €51,485
Total assets
€81,889▼ 47.1%
2025 · €154,740
Solvency
43.7%▼ 39.3pp
2025 · 82.9%
Trend over the years

2023 to 2026, 4 financial years

The operating result falls in 2026; 2026 is 64% below 2025 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€22,504 2026 Net result€15,766 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2023202420252026
Operating result€51,942-€25,678▼ 50.6%€61,913▲ 141%€22,504▼ 63.7%
Net result€41,278within the sector's middle half-€20,556within the sector's middle half▼ 50.2%€51,485within the sector's middle half▲ 150%€15,766▼ 69.4%
Equity€59,678within the sector's middle half-€78,567within the sector's middle half▲ 31.7%€128,335within the sector's middle half▲ 63.3%€35,766▼ 72.1%
Total assets€83,820below the sector's middle half-€132,655within the sector's middle half▲ 58.3%€154,740within the sector's middle half▲ 16.6%€81,889▼ 47.1%
Debt€24,142-€54,088▲ 124%€26,405▼ 51.2%€46,123▲ 74.7%
Working capital€59,980within the sector's middle half-€122,259within the sector's middle half▲ 104%€127,998within the sector's middle half▲ 4.7%€50,731▼ 60.4%
Solvency71.2%within the sector's middle half-59.2%within the sector's middle half▼ 12.0pp82.9%above the sector's middle half▲ 23.7pp43.7%▼ 39.3pp
Current ratio3.52within the sector's middle half-17.44above the sector's middle half▲ 13.927.02above the sector's middle half▼ 10.422.94▼ 4.09
Return on assets (ROA)49.2%above the sector's middle half-15.5%within the sector's middle half▼ 33.7pp33.3%above the sector's middle half▲ 17.8pp19.3%▼ 14.0pp
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €81,889
Fixed assets €4,945 ▼ 10.0%
Current assets €76,944 ▼ 48.4%
Equity and liabilities €81,889
Equity €35,766 ▼ 72.1%
Debt €46,123 ▲ 74.7%
Debt's share of the balance-sheet total rises from 17.1% to 56.3%. Equity is lower and debt is higher.
Key figures and ratios
2026 value · change against 2025
ROE
44.1%▲
2025 · 40.1%
Debt ≤ 1 year
€26,213▲
2025 · €21,249
Debt > 1 year
€19,755▲
2025 · €5,004
Income taxes
€5,912▼
2025 · €13,868
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 48 lines
Balance sheet Code20252026
Assets
Total assets20/58€154,740€81,889▼
Fixed assets21/28€5,493€4,945▼
Tangible fixed assets22/27€5,493€4,945▼
Furniture and vehicles24€5,493€4,945▼
Current assets29/58€149,246€76,944▼
Amounts receivable after more than one year29€49,966€14,298▼
Other amounts receivable291€49,966€14,298▼
Amounts receivable within one year40/41€50,290€32,055▼
Trade receivables40€50,290€22,957▼
Other amounts receivable41€0€9,098▲
Cash at bank and in hand54/58€48,326€29,118▼
Deferred charges and accrued income490/1€665€1,473▲
Equity and liabilities
Total equity and liabilities10/49€154,740€81,889▼
Equity10/15€128,335€35,766▼
Contributions10/11€20,000€20,000=
Reserves13€108,335€15,766▼
Distributable reserves133€108,335€15,766▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€26,405€46,123▲
Amounts payable after more than one year17€5,004€19,755▲
Other amounts payable178/9€5,004€19,755▲
Amounts payable within one year42/48€21,249€26,213▲
Financial debts43-€8,665
Credit institutions430/8-€8,665
Trade debts44€6,278€6,871▲
Suppliers440/4€6,278€6,871▲
Taxes, remuneration and social security45€13,253€10,676▼
Taxes450/3€13,253€10,676▼
Other amounts payable47/48€1,718€0▼
Accrued charges and deferred income492/3€152€155▲
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,200€3,236▲
Other operating charges640/8€622€630▲
Gross operating margin9900€63,734€26,370▼
Operating profit (loss)9901€61,913€22,504▼
Financial income75/76B€3,515€1,748▼
Recurring financial income75€3,515€1,748▼
Financial charges65/66B€74€2,573▲
Recurring financial charges65€74€2,573▲
Profit (loss) for the period before taxes9903€65,353€21,678▼
Income taxes67/77€13,868€5,912▼
Profit (loss) for the period9904€51,485€15,766▼
Profit (loss) for the period to be appropriated9905€51,485€15,766▼
Appropriation of the result
Profit (loss) to be appropriated9906€51,485€15,766▼
Transfer from equity791/2-€108,335
Transfer to equity691/2€49,767€15,766▼
To other reserves6921€49,767€15,766▼
Profit to be distributed694/7€1,718€108,335▲
Return on contributions (dividend)694€1,718€108,335▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€240€1,200€3,236▲ 170%
Other operating charges640/8€1,095€676€622€630▲ 1.3%
Gross operating margin9900€53,037€26,594€63,734€26,370▼ 58.6%
Operating profit (loss)9901€51,942€25,678€61,913€22,504▼ 63.7%
Financial income75/76B€0€1,716€3,515€1,748▼ 50.3%
Recurring financial income75€0€1,716€3,515€1,748▼ 50.3%
Financial charges65/66B€43€1,128€74€2,573▲ 3,367%
Recurring financial charges65€43€1,128€74€2,573▲ 3,367%
Profit (loss) for the period before taxes9903€51,899€26,267€65,353€21,678▼ 66.8%
Income taxes67/77€10,621€5,711€13,868€5,912▼ 57.4%
Profit (loss) for the period9904€41,278€20,556€51,485€15,766▼ 69.4%
Profit (loss) for the period to be appropriated9905€41,278€20,556€51,485€15,766▼ 69.4%
Line2023202420252026Change
Assets
Total assets20/58€83,820€132,655€154,740€81,889▼ 47.1%
Fixed assets21/28-€2,959€5,493€4,945▼ 10.0%
Tangible fixed assets22/27-€2,959€5,493€4,945▼ 10.0%
Furniture and vehicles24-€2,959€5,493€4,945▼ 10.0%
Current assets29/58€83,820€129,696€149,246€76,944▼ 48.4%
Amounts receivable after more than one year29--€49,966€14,298▼ 71.4%
Other amounts receivable291--€49,966€14,298▼ 71.4%
Amounts receivable within one year40/41€37,844€96,394€50,290€32,055▼ 36.3%
Trade receivables40€37,823€37,815€50,290€22,957▼ 54.4%
Other amounts receivable41€21€58,579€0€9,098-
Cash at bank and in hand54/58€45,068€33,095€48,326€29,118▼ 39.7%
Deferred charges and accrued income490/1€907€207€665€1,473▲ 121%
Equity and liabilities
Total equity and liabilities10/49€83,820€132,655€154,740€81,889▼ 47.1%
Equity10/15€59,678€78,567€128,335€35,766▼ 72.1%
Contributions10/11€20,000€20,000€20,000€20,000=
Reserves13€39,678€58,567€108,335€15,766▼ 85.4%
Distributable reserves133€39,678€58,567€108,335€15,766▼ 85.4%
Profit (loss) carried forward14€0€0€0€0-
Amounts payable17/49€24,142€54,088€26,405€46,123▲ 74.7%
Amounts payable after more than one year17-€46,500€5,004€19,755▲ 295%
Other amounts payable178/9-€46,500€5,004€19,755▲ 295%
Amounts payable within one year42/48€23,839€7,437€21,249€26,213▲ 23.4%
Financial debts43---€8,665-
Credit institutions430/8---€8,665-
Trade debts44€6,427€3,306€6,278€6,871▲ 9.5%
Suppliers440/4€6,427€3,306€6,278€6,871▲ 9.5%
Taxes, remuneration and social security45€15,779€2,464€13,253€10,676▼ 19.4%
Taxes450/3€15,779€2,464€13,253€10,676▼ 19.4%
Other amounts payable47/48€1,633€1,667€1,718€0▼ 100%
Accrued charges and deferred income492/3€303€151€152€155▲ 1.6%
Line2023202420252026Change
Profit (loss) for the period9904€41,278€20,556€51,485€15,766▼ 69.4%
+ Depreciation and write-downs630-€240€1,200€3,236▲ 170%
Operating cash flow (approximation)€41,278€20,797€52,685€19,002▼ 63.9%
Investment in fixed assets (approximation)---€3,734-€2,688▲ 28.0%
Change in cash--€11,973€15,231-€19,208-

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

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-03-2026 micro format 07-09-2026 2026-00505871
31-03-2025 micro format 07-10-2025 2025-00533889
31-03-2024 micro format 23-09-2024 2024-00468398
31-03-2023 micro format 04-05-2023 2023-00081151

Similar companies · same sector, comparable size

Of the 24,458 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,963. 9,502 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 1 July 2021, DEBECONSTRUCT was incorporated as a private limited company.1 Total assets went from €83,820 in 2023 to €81,889 in 2026.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2023 and 2026

Acts, filings and financial milestones

Next filing, financial year 2027, expected by 31-10-2027
2026
07-09
NBB filing Annual accounts filed
financial year 2026 · micro format
31-03
Financial Weakest financial yearnet €15,766 ▼69.4%
Net result drops to €15,766, the lowest in the series.
2025
07-10
NBB filing Annual accounts filed
financial year 2025 · micro format
31-03
Financial Highest result from 2023 to 2026net €51,485 ▲150%
Operating result €61,913, net result €51,485, both a record.
31-03
Financial Equity above €100,000equity €128,335 ▲63.3%
A profit in every financial year since 2023 builds equity to €128,335.
2024
23-09
NBB filing Annual accounts filed
financial year 2024 · micro format
31-03
Financial Liquidity more than quadruplescurrent ratio 17.44
Current ratio from 3.52 to 17.44; short-term debt falls from €23,839 to €7,437.
2023
04-05
NBB filing Annual accounts filed
financial year 2023 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official 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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Register details

Identification
Legal formPrivate limited company
Founded01-07-2021
Financial year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0770615114
Also 9925:BE0770615114
Registered 25-11-2025

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

Register as of 22 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
9,108 m²
Building footprint
193 m²
Building volume
544 m³
Parcel 37322C1537/00C000, Flanders · tallest building 7.5 m. Linked by address, not a title deed.
1 establishment unit
Debeconstruct
Lostraat 9, 8760 TieltActivities of holding companies
since 2021unit no. 2.319.108.563
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
37322C1537/00C000 Flanders 9,108 m² 1 · 193 m² 7.5 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.