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DEBRA - IMMO

Active Public limited companyfounded 1991active for 34 yearsHoogserleistraat 1, 8700 TieltKBO/BCE: BE 0445.731.034 #6 company by equity in West Flanders, Sports and recreation sector

Lifetime

18 annual accounts with figures on one time axis, 32 filings since 1993
peak €1.2m (2015)
€270,274▼ 6.2%
lowest -€15.2m (2018)
€191,600▼ 41.5%
peak €18.0m (2016)
€11.8m▲ 1.7%
€6.4m▼ 5.9%
peak 1.7 FTE (2007)
0.8 FTE▲ 60.0%
Board6 names since 2020
- 
Documentsfilings and deeds
13-07-202618 days before the deadline
2025financial year
Result from €327,598 to €191,600Staff from 0.5 FTE to 0.8 FTE1 statutory auditor appointed 02-10

Key points

from the 2025 annual accounts

Equity

€11.8m ▲ 1.7%

DEBRA - IMMO has made a profit without a break since 2019.

Result

€191,600 ▼ 41.5%
€328,0002024€192,0002025

The result fell in 2025: the 2024 profit included a one-off income of €399,578.

Payment terms

83 days to suppliers
Suppliers
125 to 83
Customers
541 to 576

DEBRA - IMMO pays its suppliers 42 days earlier than in 2024. Customers pay 35 days later.

Filings

32 annual accounts 42 filings since 1993
AprilJune31 JulyOctober200020102020

Three of the last ten came late. The 2019 accounts came latest: 211 days after the end of the period.

Group

3 companies controlled

Heads a group.

Position in the sector

€11.8m

More equity than 95% of companies in sports and recreation. Sector median €531,229 · 519 companies.

Standalone figures, without subsidiaries

Group, consolidated 2025: turnover €201.6m, result €1.5m

Checked score

94
Excellent
Financially stronger than 52% of micro companies in sports and recreation (NACE 93)
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: 0.3% across 4,270 companies (NACE 93, micro).

Fewer than 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: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.7%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 0.1%▼ -0.6 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

90+2equity 64.7% of total assets
46=short-term debt 17.9% · cash 0.6%
58-7return on assets 1.1%

Score breakdown

raises risk
Liquidity: current ratio 0.53, cash €109,970
lowers risk
Founded in 1991
Size: turnover €270,274, 0.8 FTE, total assets €18.2m, files consolidated accounts
Sector: Sports, amusement and recreation activities (NACE 93)
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 93, micro). It does better than 77% of them on solvency, 41% on liquidity and 38% on profitability.

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).

Credit verdict

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.53 (0.59 in 2024), below 1. Short-term debt is 17.9% and cash 0.6% of total assets. 35.3% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.53, cash €109,970
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €270,274, 0.8 FTE, total assets €18.2m, files consolidated accounts
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
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 · 5 filings
Deviation from the deadline
2025
18 days early
2024
36 days early
2023
25 days early
2022
3 days early
2021
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 23 days before the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
DB
Director, until 2025
DC
Director, until 2025
MA
Auditor, VANDENABEELE Liesbet

Shares in 3 companies, including DEBRA - FREEZE and Debra-Meat

Board & ownership

Recent changes

1 statutory auditor appointed Changes of role: DE BRAUWER Geert (managing director) and DEBRA-CONSULTANCY (managing director) · Appointment: MOORE AUDIT (statutory auditor) · Permanent representatives: DE ROOVER DE BRAUWER Thomas and VANDENABEELE Liesbet · General meeting of 29-09-2025 · Gazette deed
Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen and 1 more · Knokke-Heist
Registered in the Peppol Directory Reachable for e-invoices through 0208:0445731034
Environmental permit refused Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen and 1 more · Knokke-Heist
All 59 events

Comparable companies

same main activity, similar in size and age
Company
DEBRA - IMMO Tielt €0.3m 72.9% 64.7% 0.8
MONS.EXPO Mons €0.4m - 40.6% -
SOGEFIMO Uccle €0.9m 45.4% 67.5% -
Autonoom gemeentebedrijf Sport, Cultuur en Ontspanning Ronse Ronse €2.6m 8.0% 1.9% 0.4
Autonoom Gemeentebedrijf Holar Hoeilaart €0.7m 14.9% 11.5% -
BERVANCO Ostend - - 50.1% -
CLINICLOWNS BELGIE - CLINICLOWNS BELGIQUE - BELGISCHE CLINICLOWNS Antwerp - - 97.7% 3.7
-10%0%10%20%€500,000€5m€50mDEBRA - IMMOEBIT margin

Grey: the largest companies of the sector (sports and recreation (NACE 93)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as DEBRA - IMMO: other amusement and recreation activities (NACE 93299). They are comparable in size and age: total assets between €6.4m and €25m, founded between 1991 and 2008.

Official details

Source: KBO
Status
Active since 14-11-1991Normal situation
Activity
Other amusement and recreation activitiesNACE 93299and 2 others
Joint committees
144Agriculture
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.055.723.5728700 Tielt, since 14-09-1995
Financial year end
31 December
Peppol
Reachable since 12-07-2024
Company details

Annual accounts 2025

€1.5m
€18.2m
Employeeson 31-12-2025
2
Filing
Filed on 13-07-2026, 18 days before the end of the filing period
Financials

Companies linked to DEBRA - IMMO

Insights on DEBRA - IMMO

DEBRA - IMMO has existed since 1991. Turnover fell from €1.2m in 2015 to €262,243 in 2016. The previous financial year ran 18 months, this one 12.

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 DEBRA - IMMO

What is the company number of DEBRA - IMMO?
The company number of DEBRA - IMMO is 0445.731.034. The VAT number is the same number with BE in front: BE 0445.731.034.
Where is DEBRA - IMMO based?
The registered office is at Hoogserleistraat 1, 8700 Tielt.Company details
What does DEBRA - IMMO do?
According to the KBO register, the main activity is other amusement and recreation activities (NACE 93299).
What is the legal form of DEBRA - IMMO?
DEBRA - IMMO is a public limited company (NV).
When was DEBRA - IMMO founded?
DEBRA - IMMO was founded on 14-11-1991.
Is DEBRA - IMMO still active?
Yes, DEBRA - IMMO is an active enterprise in the KBO register.
How many employees does DEBRA - IMMO have?
DEBRA - IMMO had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DEBRA - IMMO fall under?
In its 2025 annual accounts, DEBRA - IMMO states joint committees 144 (Agriculture) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of DEBRA - IMMO?
The turnover of DEBRA - IMMO was €270,274 in financial year 2025, according to the filed annual accounts.
Is DEBRA - IMMO profitable?
In financial year 2025, DEBRA - IMMO made a profit of €191,600.
Where can I find the annual accounts of DEBRA - IMMO?
DEBRA - IMMO filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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