DEBELS VLOEREN
ActiveSummary
DEBELS VLOEREN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €104,579 and a net result of €15,739. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+2
Solvency60▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.17 in 2023; short-term debt: 20.9% and cash: 10.6% of total assets), and 64.7% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
35.3%
Return on assets
5.3%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-06-2025, 49 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
49 d early
2023
49 d early
2022
47 d early
2021
9 d early
2020
54 d early
2019
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€104,579▲ 17.7%
2023 · €88,840
Total assets
€296,278▼ 11.4%
2023 · €334,531
Net result
€15,739▲ 56.0%
2023 · €10,088
Working capital
€24,841▲ 77.4%
2023 · €14,000
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
Line20202021202220232024
Operating result€28,115€43,433▲ 54.5%€34,899▼ 19.6%€21,249▼ 39.1%€34,211▲ 61.0%
Net result€19,641€23,529▲ 19.8%€20,816▼ 11.5%€10,088▼ 51.5%€15,739▲ 56.0%
Equity€34,408▲ 133%€57,937▲ 68.4%€78,752▲ 35.9%€88,840▲ 12.8%€104,579▲ 17.7%
Total assets€273,887▼ 8.5%€304,072▲ 11.0%€328,797▲ 8.1%€334,531▲ 1.7%€296,278▼ 11.4%
Debt€239,479▼ 15.8%€246,135▲ 2.8%€250,044▲ 1.6%€245,691▼ 1.7%€191,698▼ 22.0%
Working capital-€20,597▼ 8.0%€7,237€16,137▲ 123%€14,000▼ 13.2%€24,841▲ 77.4%
Staff (FTE)5▼ 2.0%5=5=3.3▼ 34.0%1▼ 69.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 61% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €296,278
Fixed assets
€209,514 ▼ 12.6%
Current assets
€86,763 ▼ 8.4%
Equity and liabilities €296,278
Equity
€104,579 ▲ 17.7%
Debt
€191,698 ▼ 22.0%
Debt's share of the balance-sheet total falls from 73.4% to 64.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€68,809▲
2023 · €46,821
Cash flow
€50,337▲
2023 · €35,660
Current ratio
1.40▲
2023 · 1.17
Debt to equity
1.83▼
2023 · 2.77
ROE
15.0%▲
2023 · 11.4%
ROA
5.3%▲
2023 · 3.0%
Interest coverage
6.81▼
2023 · 6.83
Debt ≤ 1 year
€61,923▼
2023 · €80,720
Debt > 1 year
€129,775▼
2023 · €164,971
Income taxes
€9,879▲
2023 · €5,426
Staff costs
€82,303▼
2023 · €207,184
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €826 | €12,884 | €13,158 | ▲ 2.1% |
| Remuneration, social security and pensions62 | - | €278,147 | €289,710 | €207,184 | €82,303 | ▼ 60.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,381 | €24,462 | €16,896 | €25,572 | €34,598 | ▲ 35.3% |
| Other operating charges640/8 | - | €3,558 | €3,227 | €3,019 | €2,632 | ▼ 12.8% |
| Non-recurring operating charges66A | - | €0 | - | - | - | - |
| Gross operating margin9900 | €304,070 | €349,601 | €344,732 | €257,023 | €153,744 | ▼ 40.2% |
| Operating profit (loss)9901 | €28,115 | €43,433 | €34,899 | €21,249 | €34,211 | ▲ 61.0% |
| Financial income75/76B | - | €440 | €1,092 | €1,125 | €1,517 | ▲ 34.9% |
| Recurring financial income75 | €27 | €440 | €1,092 | €1,125 | €1,517 | ▲ 34.9% |
| Financial charges65/66B | - | €6,883 | €5,702 | €6,860 | €10,111 | ▲ 47.4% |
| Recurring financial charges65 | €6,312 | €6,883 | €5,702 | €6,860 | €10,111 | ▲ 47.4% |
| Profit (loss) for the period before taxes9903 | €21,829 | €36,989 | €30,289 | €15,514 | €25,618 | ▲ 65.1% |
| Income taxes67/77 | €2,188 | €13,461 | €9,473 | €5,426 | €9,879 | ▲ 82.1% |
| Profit (loss) for the period9904 | €19,641 | €23,529 | €20,816 | €10,088 | €15,739 | ▲ 56.0% |
| Profit (loss) for the period to be appropriated9905 | €19,641 | €23,529 | €20,816 | €10,088 | €15,739 | ▲ 56.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €273,887 | €304,072 | €328,797 | €334,531 | €296,278 | ▼ 11.4% |
| Fixed assets21/28 | €213,010 | €188,549 | €211,013 | €239,811 | €209,514 | ▼ 12.6% |
| Tangible fixed assets22/27 | €213,010 | €188,549 | €211,013 | €239,811 | €209,514 | ▼ 12.6% |
| Land and buildings22 | - | €166,344 | €154,997 | €143,650 | €132,303 | ▼ 7.9% |
| Plant, machinery and equipment23 | - | €742 | €542 | €342 | €1,114 | ▲ 226% |
| Furniture and vehicles24 | - | €6,362 | €4,402 | €2,442 | €3,216 | ▲ 31.7% |
| Leasing and similar rights25 | - | - | €37,721 | €81,776 | €63,030 | ▼ 22.9% |
| Other tangible fixed assets26 | - | €15,102 | €13,352 | €11,602 | €9,852 | ▼ 15.1% |
| Current assets29/58 | €60,877 | €115,523 | €117,784 | €94,720 | €86,763 | ▼ 8.4% |
| Stocks and contracts in progress3 | €1,700 | €0 | - | - | - | - |
| Stocks30/36 | - | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €41,830 | €70,746 | €68,293 | €53,789 | €49,943 | ▼ 7.1% |
| Trade receivables40 | - | €48,417 | €35,657 | €17,221 | €11,473 | ▼ 33.4% |
| Other amounts receivable41 | - | €22,329 | €32,635 | €36,568 | €38,470 | ▲ 5.2% |
| Cash at bank and in hand54/58 | €13,479 | €40,665 | €40,809 | €30,565 | €31,443 | ▲ 2.9% |
| Deferred charges and accrued income490/1 | - | €4,112 | €8,683 | €10,366 | €5,377 | ▼ 48.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €273,887 | €304,072 | €328,797 | €334,531 | €296,278 | ▼ 11.4% |
| Equity10/15 | €34,408 | €57,937 | €78,752 | €88,840 | €104,579 | ▲ 17.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €15,808 | €39,337 | €60,152 | €70,240 | €85,979 | ▲ 22.4% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | - | €37,477 | €58,292 | €68,380 | €85,979 | ▲ 25.7% |
| Profit (loss) carried forward14 | €12,587 | - | - | - | - | - |
| Amounts payable17/49 | €239,479 | €246,135 | €250,044 | €245,691 | €191,698 | ▼ 22.0% |
| Amounts payable after more than one year17 | €158,006 | €137,849 | €148,397 | €164,971 | €129,775 | ▼ 21.3% |
| Financial debts170/4 | - | €137,849 | €148,397 | €164,971 | €129,775 | ▼ 21.3% |
| Amounts payable within one year42/48 | €81,474 | €108,286 | €101,647 | €80,720 | €61,923 | ▼ 23.3% |
| Current portion of amounts payable after more than one year42 | - | €20,157 | €26,922 | €35,381 | €35,195 | ▼ 0.5% |
| Trade debts44 | €15,593 | €23,289 | €29,827 | €15,865 | €450 | ▼ 97.2% |
| Suppliers440/4 | - | €23,289 | €29,827 | €15,865 | €450 | ▼ 97.2% |
| Taxes, remuneration and social security45 | - | €24,840 | €16,898 | €12,474 | €19,277 | ▲ 54.5% |
| Taxes450/3 | - | €12,666 | €6,658 | €8,683 | €18,218 | ▲ 110% |
| Remuneration and social security454/9 | - | €12,174 | €10,239 | €3,791 | €1,060 | ▼ 72.1% |
| Other amounts payable47/48 | - | €40,000 | €28,000 | €17,000 | €7,000 | ▼ 58.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,641 | €23,529 | €20,816 | €10,088 | €15,739 | ▲ 56.0% |
| + Depreciation and write-downs630 | €23,381 | €24,462 | €16,896 | €25,572 | €34,598 | ▲ 35.3% |
| Operating cash flow (approximation) | €43,022 | €47,991 | €37,711 | €35,660 | €50,337 | ▲ 41.2% |
| Investment in fixed assets (approximation) | - | €0 | -€39,360 | -€54,370 | -€4,301 | ▲ 92.1% |
| Change in cash | - | €27,186 | €144 | -€10,243 | €878 | ▲ 109% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100,000Eq €104,579 ▲17.7%
5 profitable years in a row build equity to €104,579.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €23,529 ▲19.8%
Operating result €43,433, net result €23,529, both a record.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €19,641
Net result €19,641 after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
31-12
Financial
Weakest financial yearnet -€18,281
Net result drops to -€18,281, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 58 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 61 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 acts for this company are 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, Deerlijk · 1 establishment unit since 2015
Ground area
2.2 ha
Building footprint
3,359 m²
Volume, LiDAR
26,744 m³
Parcel 34392D0592/00E002, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DVC Vloeren
since 20152.240.275.574
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34392D0592/00E002 | Flanders | 2.2 ha | 1 · 3,359 m² | 9.2 m · 3 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.
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsAfwerking bouw duaal (so)
Medewerker tegelzetwerken en dekvloeren duaal (so)
Similar companies · same sector, comparable size
Hyfs
BE 0808.598.631
Nijlen · Eq €104,926
ZIWA
BE 0846.990.340
Rixensart · Eq €103,339
AD Bouwwerken
BE 0721.941.405
Wingene · Eq €102,998
ALIGOR
BE 0502.880.662
Roeselare · Eq €106,844
2 CALL BAT
BE 0459.370.521
Fleurus · Eq €101,286
Of 751 companies in sector 43422 we hold annual accounts for 424. 358 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
43422Screed work
43332Laying of wooden floor and wall coverings
43910Bricklaying and masonry work
Scores and ratios are computed by Checked and are not a credit decision.