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Deben Construct

Active
Private limited companyfounded 2024active for 2 yearsBosstraat 143, 3620 Lanaken, BelgiumKBO/BCE: BE 1011.028.327

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 06-07-2026 at the NBB

Turnover
≈ €250,000
Estimated: probably between €170,000 and €430,000
Total assets
€604,147
Net result
€33,684
Working capital
-€33,987

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €602,951
Fixed assets €474,446
Current assets €128,505
Equity and liabilities €604,147
Equity €38,684
Debt €565,463
Debt's share of the balance-sheet total is 93.6%.
Key figures and ratios
2025 value
EBITDA
€63,471
Cash flow
€50,490
Current ratio
0.79
Debt to equity
14.62
ROE
87.1%
ROA
5.6%
Interest coverage
6.40
Debt ≤ 1 year
€162,492
Debt > 1 year
€402,971
Income taxes
€3,368
Staff costs
€18,625

Comparable companies

These companies have the same main activity as Deben Construct: forging of metal (NACE 25401). They are comparable in size and age: total assets between €199,000 and €653,000, founded between 2022 and 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
Deben Construct Lanaken2024€604,147€38,684€83,387€33,684-2025
MJ service Jabbeke2023€652,976€166,295€91,130€47,161-2025
STEWO Diksmuide2023€374,170€106,553€100,657€65,09912025
DK TECH Hamois2023€324,178€41,883€85,358€12,765-2025
Schmiede - Metallbau Heribert Richardy Burg-Reuland2022€416,021€49,032€153,335€2,077-2025
JIPE CONCEPT Theux2023€433,067€27,786€37,163-€2,269-2025
Laspartner Aalter2024€198,658€119,189€71,252€46,635-2025

They were chosen from the 398 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 513 companies had the same profile as Deben Construct has now. Two years later, 2.3% had gone bankrupt and 96.3% were still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
2.3% went bankrupt
1.4% stopped otherwise
96.3% was still going

That fits the bankruptcy probability of Deben Construct itself: 1.8% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 513 companies, not a prediction for Deben Construct. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 48 lines

Source: Annual accounts 2025 at the NBB, filed on 06-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€604,147
Formation expenses20€1,197
Fixed assets21/28€474,446
Tangible fixed assets22/27€473,496
Land and buildings22€424,161
Plant, machinery and equipment23€23,314
Furniture and vehicles24€26,020
Financial fixed assets28€950
Current assets29/58€128,505
Amounts receivable within one year40/41€124,042
Trade receivables40€42,992
Other amounts receivable41€81,050
Current investments50/53€2,556
Cash at bank and in hand54/58€1,907
Equity and liabilities
Total equity and liabilities10/49€604,147
Equity10/15€38,684
Contributions10/11€5,000
Reserves13€33,684
Distributable reserves133€33,684
Amounts payable17/49€565,463
Amounts payable after more than one year17€402,971
Financial debts170/4€402,971
Amounts payable within one year42/48€162,492
Current portion of amounts payable after more than one year42€21,855
Financial debts43€113,000
Credit institutions430/8€113,000
Trade debts44€10,973
Suppliers440/4€10,973
Taxes, remuneration and social security45€7,035
Taxes450/3€4,093
Remuneration and social security454/9€2,943
Other amounts payable47/48€9,629
Income statement Code2025
Remuneration, social security and pensions62€18,625
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,806
Other operating charges640/8€1,291
Gross operating margin9900€83,387
Operating profit (loss)9901€46,665
Financial income75/76B€312
Recurring financial income75€312
Financial charges65/66B€9,924
Recurring financial charges65€9,924
Profit (loss) for the period before taxes9903€37,052
Income taxes67/77€3,368
Profit (loss) for the period9904€33,684
Profit (loss) for the period to be appropriated9905€33,684
Appropriation of the result
Profit (loss) to be appropriated9906€33,684
Transfer to equity691/2€33,684
To other reserves6921€33,684

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Remuneration, social security and pensions62€18,625
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,806
Other operating charges640/8€1,291
Gross operating margin9900€83,387
Operating profit (loss)9901€46,665
Financial income75/76B€312
Recurring financial income75€312
Financial charges65/66B€9,924
Recurring financial charges65€9,924
Profit (loss) for the period before taxes9903€37,052
Income taxes67/77€3,368
Profit (loss) for the period9904€33,684
Profit (loss) for the period to be appropriated9905€33,684
Line2025
Assets
Total assets20/58€604,147
Formation expenses20€1,197
Fixed assets21/28€474,446
Tangible fixed assets22/27€473,496
Land and buildings22€424,161
Plant, machinery and equipment23€23,314
Furniture and vehicles24€26,020
Financial fixed assets28€950
Current assets29/58€128,505
Amounts receivable within one year40/41€124,042
Trade receivables40€42,992
Other amounts receivable41€81,050
Current investments50/53€2,556
Cash at bank and in hand54/58€1,907
Equity and liabilities
Total equity and liabilities10/49€604,147
Equity10/15€38,684
Contributions10/11€5,000
Reserves13€33,684
Distributable reserves133€33,684
Amounts payable17/49€565,463
Amounts payable after more than one year17€402,971
Financial debts170/4€402,971
Amounts payable within one year42/48€162,492
Current portion of amounts payable after more than one year42€21,855
Financial debts43€113,000
Credit institutions430/8€113,000
Trade debts44€10,973
Suppliers440/4€10,973
Taxes, remuneration and social security45€7,035
Taxes450/3€4,093
Remuneration and social security454/9€2,943
Other amounts payable47/48€9,629
Line2025
Profit (loss) for the period9904€33,684
+ Depreciation and write-downs630€16,806
Operating cash flow (approximation)€50,490

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 06-07-2026 2026-00255125 NBB

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