DEBRAUWERE CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of DEBRAUWERE CONSTRUCT is 3.8% (moderate). The 2024 annual accounts show equity of €11k and a net result of €-5k. Its solvency ranks better than 23% of 36375 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability29▼-66
Solvency46▼-3
Growth32
Track record94
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
21.1%
Return on assets
-10.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 23%
← weakest
strongest →
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 24-07-2025, 7 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
8 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€11k▼ 33.3%
2023 · €16k
2023: €16k
2024: €11k▼ -33.3% vs 2023
2023 → 2024
Total assets
€50k▼ 25.6%
2023 · €67k
2023: €67k
2024: €50k▼ -25.6% vs 2023
2023 → 2024
Net result
€-5k
2023 · €14k
2023: €14k
2024: €-5k▼ -137% vs 2023
2023 → 2024
Working capital
€-8k▼ 41.2%
2023 · €-6k
2023: €-6k
2024: €-8k▼ -41.2% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€16k-€11k▼ 33.3%
2023: €16k
2024: €11k▼ -33.3% vs 2023
Operating result€19k-€-2k
2023: €19k
2024: €-2k▼ -111% vs 2023
Net result€14k-€-5k
2023: €14k
2024: €-5k▼ -137% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €19k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €50k
Fixed assets
€39k ▼ 21.0%
Current assets
€11k ▼ 38.6%
Equity and liabilities €50k
Equity
€11k ▼ 33.3%
Debt
€40k ▼ 23.2%
Debt's share of the balance-sheet total rises from 76.4% to 78.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▼
2023 · €23k
Cash flow
€6k▼
2023 · €18k
Current ratio
0.56▼
2023 · 0.75
Debt to equity
3.73▲
2023 · 3.24
ROE
-50.0%▼
2023 · 89.3%
ROA
-10.6%▼
2023 · 21.1%
Interest coverage
2.86▼
2023 · 20.58
Debt ≤ 1 year
€19k▼
2023 · €23k
Debt > 1 year
€21k▼
2023 · €28k
Income taxes
€194▼
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€67k€50k▼
Fixed assets21/28€50k€39k▼
Tangible fixed assets22/27€48k€38k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€44k€34k▼
Financial fixed assets28€2k€2k=
Current assets29/58€17k€11k▼
Amounts receivable within one year40/41€13k€11k▼
Trade receivables40€9k€3k▼
Other amounts receivable41€4k€8k▲
Cash at bank and in hand54/58€4k-
Deferred charges and accrued income490/1€201-
Equity and liabilities
Total equity and liabilities10/49€67k€50k▼
Equity10/15€16k€11k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€13k€8k▼
Amounts payable17/49€51k€40k▼
Amounts payable after more than one year17€28k€21k▼
Financial debts170/4€28k€21k▼
Amounts payable within one year42/48€23k€19k▼
Current portion of amounts payable after more than one year42€7k€8k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€5k€1k▼
Suppliers440/4€5k€1k▼
Taxes, remuneration and social security45€11k€9k▼
Taxes450/3€11k€9k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€12k▲
Other operating charges640/8€969€2k▲
Gross operating margin9900€24k€11k▼
Operating profit (loss)9901€19k€-2k▼
Financial income75/76B€83€276▲
Recurring financial income75€83€276▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€18k€-5k▼
Income taxes67/77€4k€194▼
Profit (loss) for the period9904€14k€-5k▼
Profit (loss) for the period to be appropriated9905€14k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€8k▼
Profit (loss) brought forward from the previous period14P-€13k
Profit to be distributed694/7€800-
Return on contributions (dividend)694€800-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €12k | ▲ 203% |
| Other operating charges640/8 | €969 | €2k | ▲ 55.6% |
| Gross operating margin9900 | €24k | €11k | ▼ 54.6% |
| Operating profit (loss)9901 | €19k | €-2k | ▼ 111% |
| Financial income75/76B | €83 | €276 | ▲ 233% |
| Recurring financial income75 | €83 | €276 | ▲ 233% |
| Financial charges65/66B | €1k | €3k | ▲ 193% |
| Recurring financial charges65 | €1k | €3k | ▲ 193% |
| Profit (loss) for the period before taxes9903 | €18k | €-5k | ▼ 128% |
| Income taxes67/77 | €4k | €194 | ▼ 95.3% |
| Profit (loss) for the period9904 | €14k | €-5k | ▼ 137% |
| Profit (loss) for the period to be appropriated9905 | €14k | €-5k | ▼ 137% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €67k | €50k | ▼ 25.6% |
| Fixed assets21/28 | €50k | €39k | ▼ 21.0% |
| Tangible fixed assets22/27 | €48k | €38k | ▼ 21.7% |
| Plant, machinery and equipment23 | €4k | €3k | ▼ 22.1% |
| Furniture and vehicles24 | €44k | €34k | ▼ 21.6% |
| Financial fixed assets28 | €2k | €2k | = |
| Current assets29/58 | €17k | €11k | ▼ 38.6% |
| Amounts receivable within one year40/41 | €13k | €11k | ▼ 18.8% |
| Trade receivables40 | €9k | €3k | ▼ 71.5% |
| Other amounts receivable41 | €4k | €8k | ▲ 93.5% |
| Cash at bank and in hand54/58 | €4k | - | - |
| Deferred charges and accrued income490/1 | €201 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €67k | €50k | ▼ 25.6% |
| Equity10/15 | €16k | €11k | ▼ 33.3% |
| Contributions10/11 | €3k | €3k | = |
| Profit (loss) carried forward14 | €13k | €8k | ▼ 39.6% |
| Amounts payable17/49 | €51k | €40k | ▼ 23.2% |
| Amounts payable after more than one year17 | €28k | €21k | ▼ 27.0% |
| Financial debts170/4 | €28k | €21k | ▼ 27.0% |
| Amounts payable within one year42/48 | €23k | €19k | ▼ 18.5% |
| Current portion of amounts payable after more than one year42 | €7k | €8k | ▲ 8.9% |
| Financial debts43 | - | €2k | - |
| Credit institutions430/8 | - | €2k | - |
| Trade debts44 | €5k | €1k | ▼ 76.4% |
| Suppliers440/4 | €5k | €1k | ▼ 76.4% |
| Taxes, remuneration and social security45 | €11k | €9k | ▼ 24.3% |
| Taxes450/3 | €11k | €9k | ▼ 24.3% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €-5k | ▼ 137% |
| + Depreciation and write-downs630 | €4k | €12k | ▲ 203% |
| Operating cash flow (approximation) | €18k | €6k | ▼ 65.4% |
| Investment in fixed assets (approximation) | - | €-1k | - |
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
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Menen · 1 establishment unit since 2022
Ground area
375 m²
Building footprint
113 m²
Volume, LiDAR
661 m³
Parcel 34027F0059/00P002, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DEBRAUWERE CONSTRUCT
since 20222.339.258.433
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34027F0059/00P002 | Flanders | 375 m² | 1 · 113 m² | 8.7 m · 2 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.
Similar companies · same sector, comparable size
MAQ-BNC
BE 1007.045.387
Lommel · Eq €10,602
ROLON
BE 0784.539.958
Anderlecht · Eq €10,602
Union Lumière
BE 1002.974.060
Gent · Eq €10,595
VD METAL
BE 0739.901.647
Namur · Eq €10,584
DEMAN INTERIEUR
BE 1003.397.296
Putte · Eq €10,580
Of 20,028 companies in sector 43320 we hold annual accounts for 9,133. 4,780 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
Founded22-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
41001General construction of residential buildings
43221Plumbing work
43230Insulation installation
43343Specialised construction activities
43410Roofing work
Scores and ratios are computed by Checked and are not a credit decision.