DECEUNINCK ENTERPRISE
ActiveThe computed 12-month bankruptcy probability of DECEUNINCK ENTERPRISE is 3.1% (moderate). The 2025 annual accounts show equity of €107k and a net result of €-12k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 53% of 27386 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-3
Solvency95▲+13
Growth52=
Stability100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.82 in 2024), and 49.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
50.1%
Return on assets
-5.6%
Age of the figures
11 mo
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: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
61 d late
2024
26 d early
2023
53 d early
2022
46 d early
2021
1 d early
2020
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€107k▼ 10.0%
2024 · €119k
2020: €39k
2021: €74k
2022: €96k
2023: €119k
2024: €119k
2020 → 2025
Total assets
€214k▼ 24.5%
2024 · €284k
2020: €143k
2021: €164k
2022: €172k
2023: €186k
2024: €284k
2020 → 2025
Net result
€-12k
2024 · €690
2020: €34k
2021: €36k
2022: €21k
2023: €23k
2024: €690
2020 → 2025
Working capital
€87k▼ 13.7%
2024 · €101k
2020: €27k
2021: €62k
2022: €86k
2023: €116k
2024: €101k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€96k▲ 28.6%€119k▲ 24.3%€119k▲ 0.6%€107k▼ 10.0%
Operating result€49k-€30k▼ 38.3%€33k▲ 10.9%€5k▼ 85.5%€-7k
Net result€36k-€21k▼ 40.5%€23k▲ 9.0%€690▼ 97.0%€-12k
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 2025: a loss of €7k after €5k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €214k
Fixed assets
€47k▼ 21.8%
Current assets
€167k▼ 25.2%
Equity and liabilities €214k
Equity
€107k▼ 10.0%
Debt
€107k▼ 35.0%
The debt ratio falls from 57.9% to 49.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€6k▼
2024 · €10k
Cash flow
€1k▼
2024 · €6k
Solvency
50.1%▲
2024 · 42.1%
Current ratio
2.08▲
2024 · 1.82
Quick ratio
0.79▼
2024 · 0.87
Debt / equity
0.99▼
2024 · 1.38
ROE
-11.1%▼
2024 · 0.6%
ROA
-5.6%▼
2024 · 0.2%
Interest coverage
1.27▼
2024 · 2.61
Debt
€107k▼
2024 · €164k
Debt ≤ 1 year
€80k▼
2024 · €123k
Debt > 1 year
€26k▼
2024 · €34k
Income taxes
€143▼
2024 · €344
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€284k€214k▼
Fixed assets21/28€60k€47k▼
Intangible fixed assets21€1€0▼
Tangible fixed assets22/27€60k€47k▼
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€163€0▼
Furniture and vehicles24€58k€46k▼
Current assets29/58€224k€167k▼
Stocks and contracts in progress3€117k€104k▼
Stocks30/36€42k€25k▼
Contracts in progress37€75k€79k▲
Amounts receivable within one year40/41€106k€62k▼
Trade receivables40€97k€58k▼
Other amounts receivable41€9k€4k▼
Cash at bank and in hand54/58€369€369=
Deferred charges and accrued income490/1€385€671▲
Equity and liabilities
Total equity and liabilities10/49€284k€214k▼
Equity10/15€119k€107k▼
Contributions10/11€5k€5k=
Reserves13€115k€103k▼
Distributable reserves133€115k€103k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€164k€107k▼
Amounts payable after more than one year17€34k€26k▼
Financial debts170/4€34k€26k▼
Amounts payable within one year42/48€123k€80k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Financial debts43€28k€24k▼
Credit institutions430/8€28k€24k▼
Trade debts44€77k€21k▼
Suppliers440/4€77k€21k▼
Taxes, remuneration and social security45€1k€348▼
Taxes450/3-€348
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€9k€26k▲
Accrued charges and deferred income492/3€7k€976▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€13k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€286€3k▲
Gross operating margin9900€10k€13k▲
Operating profit (loss)9901€5k€-7k▼
Financial income75/76B€0€5▲
Recurring financial income75€0€5▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€1k€-12k▼
Income taxes67/77€344€143▼
Profit (loss) for the period9904€690€-12k▼
Profit (loss) for the period to be appropriated9905€690€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€115k€-12k▼
Profit (loss) brought forward from the previous period14P€114k€0▼
Transfer from equity791/2-€12k
Transfer to equity691/2€115k€0▼
To other reserves6921€115k€0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 61 days late
2025
30-09
Financial
Weakest financial yearnet €-12k ▼1835%
Net result drops to €-12k, the lowest in the series.
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €100kEq €119k ▲24.3%
4 profitable years in a row build equity to €119k.
15-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2020net €36k ▲5.9%
Operating result €49k, net result €36k, both a record.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ieper · 2 establishment units since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Veurnseweg 638900 IeperGround area
2,436 m²
Building footprint
458 m²
Volume, LiDAR
3,443 m³
2 parcels, Flanders · tallest building 16.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Deceuninck Enterprise BV
since 20202.298.027.889
Deceuninck B.
since 20242.361.620.002
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33304B0298/00L000 | Flanders | 2,300 m² | 1 · 357 m² | 9.9 m · 2 fl. |
| 33011I0016/00G000 | Flanders | 135 m² | 1 · 101 m² | 15.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
Sofko
BE 0567.855.321
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Schauwvliege
BE 0714.945.131
Lochristi · Eq €107k
MARTENS PASCAL
BE 0475.709.279
Wevelgem · Eq €107k
BATHERMO
BE 0742.770.669
Izegem · Eq €108k
HENDRICK MAXIM
BE 0735.534.667
Fernelmont · Eq €108k
Of 6,989 companies in sector 43221 we hold annual accounts for 3,444. 3,039 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2020
Fiscal year end30-09
Activities, NACEBEL
43221Plumbing work
33110Repair and maintenance of fabricated metal products
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.