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DEBEVER

Active
Public limited companyfounded 197254 years activeFlandria 20, 8750 Wingene, BelgiumKBO/BCE: BE 0412.449.938
Summary

DEBEVER has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of -€93,628. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 80% of 2,404 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Plumbing work
NACE 43221Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
#5 oldest company in Wingene, Construction sector1 site
Size
€2.9mtotal assets 2025
Staff
20.4 FTE
Equity
€2.0m
Loss
-€93,628
Financial health
68 Healthy Checked score 2025
Bankruptcy probability, 12 months
0.8%
Structure
Parent
LIFRANK · 98%
Accounts filed 31 days late0 of 6 deeds read
Why 68- Latest accounts 31 days late; 2 of the last 3 late- Liquidity: current ratio 4.41, cash €105,796, halved- Loss of €93,628, the second in a row (FY 2025)- Sector Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 42% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Average
Solvency 94+4
equity 68.8% of total assets
Liquidity 47-5
short-term debt 22.0% · cash 3.6%
Profitability 15-9
return on assets -3.2%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,636 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.9%▲ +0.1 percentage points vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -1.0 percentage point vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit up to €130,000 at 30 days acceptable
Liquidity ample (current ratio 4.41 against 4.04 in 2024; short-term debt: 22% and cash: 3.6% of total assets), and 31.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, small): better than 86% on solvency, 53% on liquidity, 7% on profitability and 22% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk○neutral
raises risk · Latest accounts 31 days late; 2 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 4.41, cash €105,796, halved
NBB · annual accounts
raises risk · Loss of €93,628, the second in a row (FY 2025)
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€93,628
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
26 days late
2023
61 days late
2022
60 days late
2021
31 days late
2020
31 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 47 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Risk: 7 loss-making years in a rowloss fiscal year 2025 -€93,628 View
  • Caution: Result fell in 2025from -€25,348 to -€93,628 ▼ 269% View
  • Caution: Among the weakest 9% on net resultsector median €41,773 · 2,404 companies -€93,628 View
  • Controlled by LIFRANK 98% View
  • Active since 1972founded 18-05-1972 54 years View

By topic

Financials

Fiscal year
2025
Total assets
€2.9m
Loss
-€93,628
Solvency
68.8%
Total assets▼ 9.5%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2023Weakest financial year
  2. 29-09-2023Annual accounts filed
  3. 31-12-2022Liquidity doubles
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Plumbing workNACE 43221
Founded
18-05-1972
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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