Equity
€322,165 ▲ 8.7%
Debees has made a profit without a break since 2018.
Debees
Lifetime
16 annual accounts with figures on one time axis, 42 filings since 1979peak €234,934 (2024)
€75,790▼ 67.7%
lowest -€20,572 (2016)
€25,828▼ 79.7%
peak €322,165 (2025)
€322,165▲ 8.7%
€482,641▼ 13.4%
Board4 names since 2008
2 directorsDE SMET Bart Erik Jan and 1 other
Documentsfilings and deeds
29-05-202663 days before the deadline
2025micro format
Gross margin from €234,934 to €75,790Result from €127,020 to €25,828Cash from €66,226 to €31,077
Key points
from the 2025 annual accountsChecked score
92
Excellent
Financially stronger than 55% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.2%▲ +0.1 percentage points vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 0.1%▼ -0.2 percentage points vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.40, cash €31,077, halved
Profit of €25,828 (financial year 2025)
Founded in 1979
lowers risk
Size: total assets €842,449
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 68, micro). It does better than 55% of them on solvency, 37% on liquidity, 65% on profitability and 64% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as Debees has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Debees itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for Debees. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.4 (1.63 in 2024), below the usual 1.5. Short-term debt is 28.4% and cash 3.7% of total assets. 61.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 days early
2024
55 days early
2023
35 days early
2022
10 days late
2021
61 days late
2020
30 days late
2019
62 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0419282894
1 director appointed, 3 resignations, 1 reappointment
Resignations: Hubert DE SMET (statutory director), PEETERS Josée (alternate) and DE SMET Bart Erik Jan · Reappointment: DE SMET Bart Erik Jan (statutory director) · Appointment: Koen DE SMET (director) · General meeting of 21-05-2024 · Gazette deed
First establishment
GALERIE DE LA PAIX, Brusselsesteenweg 474, Mechelen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Debees Mechelen | €0.8m | €75,790 | 38.2% | - |
| USOCO PROPERTIES Wijnegem | €0.8m | €77,871 | 27.1% | - |
| Belamco Brasschaat | €1.0m | €82,869 | 68.8% | - |
| PEGASUS BRIDGE REAL ESTATE INVESTMENT FUND Izegem | €0.8m | €81,966 | 54.6% | - |
| Batus Namur | €0.9m | €65,667 | 18.8% | - |
| KAMPVELDHOEVE Oostkamp | €0.9m | €81,243 | 0.8% | - |
| ELPRINTA Mouscron | €1.0m | €67,758 | 89.8% | 0 |
These companies have the same main activity as Debees: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €814,000 and €1m, founded between 1968 and 1983.
Official details
Source: KBO- Status
- Active since 08-03-1979Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.035.722.4692800 Mechelen, since 27-12-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 23-01-2026
Annual accounts 2025
- ≈ €98,000estimated
- €842,449▼ 5.5%
- Filing
- Filed on 29-05-2026, 63 days before the end of the filing period
Insights on Debees
Debees files the micro format. That format states no turnover. The gross margin rose from €9,393 in 2006 to €75,790 in 2025.
The balance sheet grew most from 2015 to 2017 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Debees
- What is the company number of Debees?
- The company number of Debees is 0419.282.894. The VAT number is the same number with BE in front: BE 0419.282.894.
- Where is Debees based?
- The registered office is at Brusselsesteenweg 474, 2800 Mechelen.Company details
- What does Debees do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Debees?
- Debees is a private limited company (BV).
- When was Debees founded?
- Debees was founded on 08-03-1979.
- Is Debees still active?
- Yes, Debees is an active enterprise in the KBO register.
- What is the turnover of Debees?
- The turnover in financial year 2025 is ≈ €98,000. This figure is estimated from the gross margin of €75,790 and 45 comparable companies (NACE 682). It probably lies between €85,000 and €130,000.Financials
- Is Debees profitable?
- In financial year 2025, Debees made a profit of €25,828.
- Where can I find the annual accounts of Debees?
- Debees filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Debees due?
- Debees must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.