Result
€24,075 €24,075
Back in profit in 2025, after a loss of €27,326 in 2024.
DEBELGRO
Lifetime
8 annual accounts with figures on one time axispeak €492,035 (2020)
€23,436▲ €30,747
lowest -€29,707 (2018)
€24,075▲ €51,401
peak €412,305 (2023)
€408,318▲ 6.3%
€2.0m▲ 103%
Board3 names since 2017
3 directorsHET SCHAEF and 2 others
Documentsfilings and deeds
13-07-202618 days before the deadline
2025abbreviated format
Gross margin from -€7,310 to €23,436Back to profit: €24,075Debts from €962,859 to €2.0mCash from €4,002 to €11,491
Key points
from the 2025 annual accountsChecked score
88
Excellent
Financially stronger than 38% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.5%▼ -0.2 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged 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: 0.2%▼ -0.3 percentage points vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 of the last 3 accounts late
Liquidity: current ratio 1.38, cash €11,491
lowers risk
Size: total assets €2.4m
Sector: Real estate activities (NACE 68)
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, small). It does better than 37% of them on solvency, 10% on liquidity, 39% on profitability and 66% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 2,372 companies had the same profile as DEBELGRO has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DEBELGRO itself is lower: 0.2% within 12 months. It rests on far more data about DEBELGRO than the profile alone.
Test of the method
The method was tested on the 497,447 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 2,372 companies, not a prediction for DEBELGRO. 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 €35,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.38 (1.87 in 2024), below the usual 1.5. Short-term debt is 72.4% and cash 0.5% of total assets. 82.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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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 13-07-2026, 18 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
18 days early
2024
20 days early
2023
40 days late
2022
31 days early
2021
13 days early
2020
31 days late
2019
2 days early
← 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 2 days before 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 13 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Environmental permit granted
Verwijderen van vrijstaande gebouwen · Bornem
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0672810014
2 managers resigning, 2 directors reappointed
Resignations: Het Schaef (manager) and IBE BORNEM (manager) · Reappointments: Het Schaef (director) and IBE BORNEM (director) · Permanent representatives: Stefaan de Landtsheer and Ivan Belaey · General meeting of 28-06-2022 · Gazette deed
Appointment: De Landtsheer Frans (director)
General meeting of 11-09-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEBELGRO Bornem | €2.4m | €23,436 | 17.3% | - |
| ADÈLE INVEST Malle | €2.1m | €39,994 | 11.3% | - |
| NEXT DAY SUSTAINABLE THREE Ixelles | €2.3m | €25,365 | 47.5% | 0 |
| A7B Tournai | €2.7m | €20,446 | 82.1% | 0 |
| Tybco Deerlijk | €2.4m | €25,519 | -4.6% | - |
| Kempen Real Estate Herentals | €1.8m | €22,086 | -32.2% | - |
| WASTI Mechelen | €2.1m | €29,983 | -14.7% | 0 |
These companies have the same main activity as DEBELGRO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.8m and €2.7m, founded between 2014 and 2018.
Official details
Source: KBO- Status
- Active since 20-03-2017Normal situation
- Activity
- Development of residential building projectsNACE 68121and 5 others
- Establishment unit
- 2.264.952.0772880 Bornem, since 01-04-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 10-10-2025
Annual accounts 2025
- ≈ €98,000estimated
- €2.4m▲ 75.6%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on DEBELGRO
DEBELGRO files the abbreviated format. That format states no turnover. The gross margin rose from -€3,781 in 2018 to €23,436 in 2025.
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 DEBELGRO
- What is the company number of DEBELGRO?
- The company number of DEBELGRO is 0672.810.014. The VAT number is the same number with BE in front: BE 0672.810.014.
- Where is DEBELGRO based?
- The registered office is at 't Hoogste 28, 2880 Bornem.Company details
- What does DEBELGRO do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of DEBELGRO?
- DEBELGRO is a private limited company (BV).
- When was DEBELGRO founded?
- DEBELGRO was founded on 20-03-2017.
- Is DEBELGRO still active?
- Yes, DEBELGRO is an active enterprise in the KBO register.
- What is the turnover of DEBELGRO?
- The turnover in financial year 2025 is ≈ €98,000. This figure is estimated from the gross margin of €23,436 and 48 comparable companies (NACE 68121). It probably lies between €48,000 and €310,000. It is a rough estimate.Financials
- Is DEBELGRO profitable?
- In financial year 2025, DEBELGRO made a profit of €24,075.
- Where can I find the annual accounts of DEBELGRO?
- DEBELGRO filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEBELGRO due?
- DEBELGRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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