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DECEUNINCK ENTERPRISE

Active
Private limited companyfounded 2020active for 6 yearsVeurnseweg 63, 8900 Ieper, BelgiumKBO/BCE: BE 0741.424.250
Summary

The computed 12-month bankruptcy probability of DECEUNINCK ENTERPRISE is 4.4% (elevated). The 2025 annual accounts show equity of €107,441 and a net result of -€11,978. Equity has been growing by about 15% per year since 2020. Its solvency ranks better than 54% of 34,946 sector peers (NACE 43, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 12-01-2020 Normal situation
Activity
Plumbing work NACE 43221and 3 others
Establishment units
2.298.027.889 8900 Ieper, since 12-01-2020
2.361.620.002 8900 Ieper, since 01-07-2024
Financial year end
30 September
Peppol
Reachable

Board and ownership

Board
  • Deceuninck BramDirector

Financial position

37 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.4%
Annual accounts to 30-09-2025
Gross margin
€13,355
▲ 30.2%
Turnover
≈ €120,000
estimated
Loss
€11,978
Equity
€107,441
▼ 10.0%
Total assets
€214,279
▼ 24.5%
  • 2025 accounts filed 61 days after the deadline
Score breakdownraises riskLast filed accounts filed 61 days late; 1 of the last 3 accounts lateLiquidity: current ratio 2.08, cash €369Sector: Specialised construction activities (NACE 43)Size: total assets €214,279Show the evidence

Checked score

Score 2025
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 29% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 75+8
equity 50.1% of total assets
Liquidity 33+4
short-term debt 37.5% · cash 0.2%
Profitability 22-19
return on assets -5.6%
Bankruptcy probability within 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 2.3% 01-2025: 2.4%▲ +0.1 percentage points vs 12-2024 02-2025: 2.5%▲ +0.1 percentage points vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.4%▼ -0.1 percentage points vs 03-2025 05-2025: 2.4%● unchanged vs 04-2025 06-2025: 2.4%● unchanged vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 2.4%● unchanged vs 07-2025 09-2025: 2.4%● unchanged vs 08-2025 10-2025: 2.4%● unchanged vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.5%▲ +0.1 percentage points vs 12-2025 02-2026: 2.4%▼ -0.1 percentage points vs 01-2026 03-2026: 2.3%▼ -0.1 percentage points vs 02-2026 04-2026: 2.1%▼ -0.2 percentage points vs 03-2026lowest value 05-2026: 2.9%▲ +0.8 percentage points vs 04-2026 06-2026: 3.1%▲ +0.2 percentage points vs 05-2026 07-2026: 4.4%▲ +1.3 percentage points vs 06-2026highest value 08-2026: 4.4%● unchanged vs 07-2026highest value 09-2026: 4.4%● unchanged vs 08-2026highest value 10-2026: 4.4%● unchanged vs 09-2026highest value 11-2026: 4.4%● unchanged vs 10-2026highest value
Credit of up to €3,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 2.08 (1.82 in 2024), above the usual 1.5. Short-term debt is 37.5% and cash 0.2% of total assets. 49.9% of the assets are financed with debt and provisions.
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 43, micro). It does better than 54% of them on solvency, 21% on liquidity, 15% on profitability and 24% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Five signals.
raises riskneutral
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 2.08, cash €369
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: total assets €214,279
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-06-2026, 61 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
61 days late
2024
26 days early
2023
53 days early
2022
46 days early
2021
1 day early
2020
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 16 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 4 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 89% of companies in specialised constructionsector median €10,221 · 34,933 companies -€11,978 View

Recent changes

  1. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as DECEUNINCK ENTERPRISE: plumbing work (NACE 43221). They are comparable in size and age: total assets between €183,000 and €243,000, founded between 2017 and 2021.

CompanyTotal assetsGross margin
DECEUNINCK ENTERPRISE Ieper€214,279€13,355
BOLSIUS EN PARTNERS Brecht€207,975€13,390
RUSH Lanaken€211,160€12,649
Pieters Anthony Damme€183,139€15,174
EVS-Steven Menen€242,893€14,531
Sanelek Maertens Harelbeke€222,902€20,241
Nottebaert Pedro Lendelede€212,829€20,037
Full comparison

Key facts about DECEUNINCK ENTERPRISE

What is the company number of DECEUNINCK ENTERPRISE?
The company number of DECEUNINCK ENTERPRISE is 0741.424.250. The VAT number is the same number with BE in front: BE 0741.424.250.
Where is DECEUNINCK ENTERPRISE based?
The registered office is at Veurnseweg 63, 8900 Ieper.Company details
What does DECEUNINCK ENTERPRISE do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of DECEUNINCK ENTERPRISE?
The legal form of DECEUNINCK ENTERPRISE is Private limited company (BV).
When was DECEUNINCK ENTERPRISE founded?
DECEUNINCK ENTERPRISE was founded on 12-01-2020.
Is DECEUNINCK ENTERPRISE still active?
Yes, DECEUNINCK ENTERPRISE is an active enterprise in the KBO register.
What is the turnover of DECEUNINCK ENTERPRISE?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €13,355 and 36 comparable companies (NACE 43221). It probably lies between €91,000 and €250,000. It is a rough estimate.Financials
Is DECEUNINCK ENTERPRISE profitable?
In financial year 2025, DECEUNINCK ENTERPRISE made a loss of €11,978.
Where can I find the annual accounts of DECEUNINCK ENTERPRISE?
DECEUNINCK ENTERPRISE filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DECEUNINCK ENTERPRISE due?
DECEUNINCK ENTERPRISE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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