DEBY
ActiveSummary
DEBY has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€48,760) and a net result of -€103,929. Equity is shrinking by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 9% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-7
Solvency11▼-25
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.55 against 0.84 in 2024; short-term debt: 111.4% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 2025Solvency, return and age of the figures
Solvency
-14.1%
Return on assets
-30.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€48,760
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 filingsDeviation from the deadline
2025
25 d late
2024
28 d late
2023
26 d early
2022
46 d early
2021
17 d early
2020
22 d early
2019
39 d early
← 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 14 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check 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 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€103,929▼ 131%
2024 · -€44,897
Working capital
-€173,359▼ 164%
2024 · -€65,581
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€50,713▲ 108%€28,347▼ 44.1%€9,754▼ 65.6%-€40,583-€100,928▼ 149%
Net result€32,197within the sector's middle half▲ 35.2%€16,471within the sector's middle half▼ 48.8%€3,728within the sector's middle half▼ 77.4%-€44,897below the sector's middle half-€103,929below the sector's middle half▼ 131%
Equity€79,867below the sector's middle half▼ 43.7%€96,338below the sector's middle half▲ 20.6%€100,066below the sector's middle half▲ 3.9%€55,169below the sector's middle half▼ 44.9%-€48,760below the sector's middle half
Total assets€547,228below the sector's middle half▲ 1.5%€625,636below the sector's middle half▲ 14.3%€545,103below the sector's middle half▼ 12.9%€495,198below the sector's middle half▼ 9.2%€344,962below the sector's middle half▼ 30.3%
Debt€467,361▲ 17.6%€529,297▲ 13.3%€445,036▼ 15.9%€440,029▼ 1.1%€393,722▼ 10.5%
Working capital-€41,416-€20,924▲ 49.5%-€18,036▲ 13.8%-€65,581▼ 264%-€173,359▼ 164%
Solvency14.6%below the sector's middle half▼ 11.7pp15.4%below the sector's middle half▲ 0.8pp18.4%below the sector's middle half▲ 3.0pp11.1%below the sector's middle half▼ 7.2pp-14.1%below the sector's middle half▼ 25.3pp
Staff (FTE)1.1below the sector's middle half=1.1below the sector's middle half=1.1below the sector's middle half=3.4below the sector's middle half▲ 209%1.3within the sector's middle half▼ 61.8%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €100,928 in 2025 against €40,583 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €344,962
Fixed assets
€133,897 ▼ 4.1%
Current assets
€211,065 ▼ 40.6%
Key figures and ratios
EBITDA
-€95,192▼
2024 · -€37,154
Cash flow
-€98,193▼
2024 · -€41,468
Current ratio
0.55▼
2024 · 0.84
Quick ratio
0.41▼
2024 · 0.49
Debt to equity
-8.07▼
2024 · 7.98
ROA
-30.1%▼
2024 · -9.1%
Interest coverage
-17.26▼
2024 · -8.61
Debt ≤ 1 year
€384,424▼
2024 · €421,146
Debt > 1 year
€9,298▼
2024 · €15,553
Income taxes
€1,502▲
2024 · €0
Staff costs
€120,017▲
2024 · €104,596
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.9%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €58,199 | €91,076 | €86,646 | €104,596 | €120,017 | ▲ 14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,936 | €4,482 | €944 | €3,429 | €5,735 | ▲ 67.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €468 | - | €4,018 | - | - | - |
| Other operating charges640/8 | €522 | €154 | €2,496 | €668 | €3,501 | ▲ 425% |
| Gross operating margin9900 | €114,839 | €124,059 | €103,859 | €68,109 | €28,326 | ▼ 58.4% |
| Operating profit (loss)9901 | €50,713 | €28,347 | €9,754 | -€40,583 | -€100,928 | ▼ 149% |
| Financial income75/76B | - | - | €3 | €4 | €4,018 | ▲ 114,359% |
| Recurring financial income75 | - | - | €3 | €4 | €4,018 | ▲ 114,359% |
| Financial charges65/66B | €5,832 | €6,311 | €2,962 | €4,318 | €5,517 | ▲ 27.8% |
| Recurring financial charges65 | €5,832 | €6,311 | €2,962 | €4,318 | €5,517 | ▲ 27.8% |
| Profit (loss) for the period before taxes9903 | €44,881 | €22,036 | €6,796 | -€44,897 | -€102,427 | ▼ 128% |
| Income taxes67/77 | €12,684 | €5,564 | €3,068 | €0 | €1,502 | ▲ 3,003,760% |
| Profit (loss) for the period9904 | €32,197 | €16,471 | €3,728 | -€44,897 | -€103,929 | ▼ 131% |
| Profit (loss) for the period to be appropriated9905 | €32,197 | €16,471 | €3,728 | -€44,897 | -€103,929 | ▼ 131% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €547,228 | €625,636 | €545,103 | €495,198 | €344,962 | ▼ 30.3% |
| Fixed assets21/28 | €121,283 | €117,262 | €118,102 | €139,632 | €133,897 | ▼ 4.1% |
| Tangible fixed assets22/27 | €9,258 | €5,237 | €6,077 | €27,607 | €21,872 | ▼ 20.8% |
| Plant, machinery and equipment23 | €5,352 | €4,781 | €4,210 | €4,210 | €4,210 | = |
| Furniture and vehicles24 | €3,906 | €457 | €1,867 | €23,398 | €17,662 | ▼ 24.5% |
| Financial fixed assets28 | €112,025 | €112,025 | €112,025 | €112,025 | €112,025 | = |
| Current assets29/58 | €425,945 | €508,374 | €427,001 | €355,565 | €211,065 | ▼ 40.6% |
| Stocks and contracts in progress3 | €108,580 | €119,058 | €151,091 | €147,662 | €52,978 | ▼ 64.1% |
| Stocks30/36 | €108,580 | €119,058 | €151,091 | €147,662 | €52,978 | ▼ 64.1% |
| Amounts receivable within one year40/41 | €317,365 | €389,131 | €275,910 | €207,904 | €158,087 | ▼ 24.0% |
| Trade receivables40 | €210,695 | €268,509 | €160,823 | €76,461 | €30,088 | ▼ 60.6% |
| Other amounts receivable41 | €106,670 | €120,622 | €115,087 | €131,443 | €127,999 | ▼ 2.6% |
| Cash at bank and in hand54/58 | - | €184 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €547,228 | €625,636 | €545,103 | €495,198 | €344,962 | ▼ 30.3% |
| Equity10/15 | €79,867 | €96,338 | €100,066 | €55,169 | -€48,760 | ▼ 188% |
| Contributions10/11 | €24,394 | €24,394 | €24,394 | €24,394 | €24,394 | = |
| Reserves13 | €96,802 | €96,802 | €96,802 | €96,802 | €96,802 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | €94,943 | €94,943 | €94,943 | €94,943 | €94,943 | = |
| Profit (loss) carried forward14 | -€41,330 | -€24,858 | -€21,130 | -€66,028 | -€169,957 | ▼ 157% |
| Amounts payable17/49 | €467,361 | €529,297 | €445,036 | €440,029 | €393,722 | ▼ 10.5% |
| Amounts payable after more than one year17 | - | - | - | €15,553 | €9,298 | ▼ 40.2% |
| Financial debts170/4 | - | - | - | €15,553 | €9,298 | ▼ 40.2% |
| Amounts payable within one year42/48 | €467,361 | €529,297 | €445,036 | €421,146 | €384,424 | ▼ 8.7% |
| Current portion of amounts payable after more than one year42 | €5,784 | - | - | €6,010 | €6,255 | ▲ 4.1% |
| Financial debts43 | €37,550 | €1,286 | €16,052 | €3,469 | €23,334 | ▲ 573% |
| Credit institutions430/8 | €37,550 | €1,286 | €16,052 | €3,469 | €23,334 | ▲ 573% |
| Trade debts44 | €315,623 | €434,262 | €358,594 | €335,821 | €285,995 | ▼ 14.8% |
| Suppliers440/4 | €315,623 | €434,262 | €358,594 | €335,821 | €285,995 | ▼ 14.8% |
| Taxes, remuneration and social security45 | €53,259 | €54,248 | €30,888 | €36,344 | €21,968 | ▼ 39.6% |
| Taxes450/3 | €43,160 | €43,648 | €17,222 | €11,147 | €8,132 | ▼ 27.1% |
| Remuneration and social security454/9 | €10,099 | €10,600 | €13,666 | €25,197 | €13,836 | ▼ 45.1% |
| Other amounts payable47/48 | €55,144 | €39,502 | €39,502 | €39,502 | €46,873 | ▲ 18.7% |
| Accrued charges and deferred income492/3 | - | - | - | €3,330 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,197 | €16,471 | €3,728 | -€44,897 | -€103,929 | ▼ 131% |
| + Depreciation and write-downs630 | €4,936 | €4,482 | €944 | €3,429 | €5,735 | ▲ 67.3% |
| Operating cash flow (approximation) | €37,133 | €20,954 | €4,672 | -€41,468 | -€98,193 | ▼ 137% |
| Investment in fixed assets (approximation) | - | -€462 | -€1,784 | -€24,960 | €0 | ▲ 100% |
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
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
31-12
Financial
Weakest financial yearnet -€103,929
Net result drops to -€103,929, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €100,000Eq €100,066 ▲3.9%
5 profitable years in a row build equity to €100,066.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €32,197 ▲35.2%
Operating result €50,713, net result €32,197, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €13,650
Net result €13,650 after one loss-making year.
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 113 days late
2018
07-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 129 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Evere · 1 establishment unit since 1976
Ground area
293 m²
Building footprint
188 m²
Volume, LiDAR
2,083 m³
2 parcels, Brussels · tallest building 17.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Eugène Plaskylaan 50, 1030 Schaarbeek
since 19762.012.253.617
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0152/00F007 | Brussels | 204 m² | 1 · 106 m² | 17.1 m · 4 fl. |
| 21372D0155/00C002 | Brussels | 89 m² | 1 · 82 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
NOVIA ENGINEERING
BE 0644.554.904
Remicourt · Eq €55,074
MachinImmo
BE 0848.809.089
Laarne · Eq €55,034
Mara-Trading
BE 0781.473.966
Diksmuide · Eq €55,630
HENRARD-ROB-PIRON
BE 0568.631.222
Gesves · Eq €55,723
GLOBAL SERVICE TEAM
BE 0535.619.251
Mortsel · Eq €54,535
Of 1,076 companies in sector 46140 we hold annual accounts for 645. 468 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
Founded07-05-1976
Fiscal year end31-12
Activities, NACEBEL 2025
46140Agents in the wholesale of industrial machinery, ships and aircraft
46180Agents specialised in the wholesale of other particular products
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.