DECEUNINCK FREDERIK
ActiveThe computed 12-month bankruptcy probability of DECEUNINCK FREDERIK is 1.7% (moderate). The 2025 annual accounts show equity of €676k and a net result of €146k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 40% of 3674 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74=
Solvency45▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.5 in 2024; short-term debt: 24.8% and cash: 1.3% of total assets), and 79.7% 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.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.3%
Return on assets
4.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-10-2025, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
24 d early
2023
63 d early
2022
126 d early
2021
33 d early
2020
123 d early
2019
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€676k▲ 17.8%
2024 · €574k
2019: €259k
2020: €303k
2021: €326k
2022: €444k
2023: €539k
2024: €574k
2019 → 2025
Total assets
€3.32M▲ 30.6%
2024 · €2.55M
2019: €1.57M
2020: €2.70M
2021: €2.59M
2022: €2.72M
2023: €2.69M
2024: €2.55M
2019 → 2025
Net result
€146k▲ 38.6%
2024 · €105k
2019: €79k
2020: €44k
2021: €23k
2022: €221k
2023: €112k
2024: €105k
2019 → 2025
Working capital
€-454k▼ 14.7%
2024 · €-396k
2019: €-62k
2020: €-339k
2021: €-361k
2022: €-353k
2023: €-402k
2024: €-396k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€326k-€444k▲ 36.2%€539k▲ 21.4%€574k▲ 6.5%€676k▲ 17.8%
Operating result€75k-€300k▲ 302%€176k▼ 41.4%€219k▲ 24.5%€282k▲ 28.6%
Net result€23k-€221k▲ 843%€112k▼ 49.5%€105k▼ 5.8%€146k▲ 38.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 29% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.32M
Fixed assets
€2.95M▲ 37.6%
Current assets
€370k▼ 7.0%
Equity and liabilities €3.32M
Equity
€676k▲ 17.8%
Debt
€2.65M▲ 34.3%
The debt ratio rises from 77.5% to 79.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€671k▲
2024 · €477k
Cash flow
€535k▲
2024 · €364k
Solvency
20.3%▼
2024 · 22.5%
Current ratio
0.45▼
2024 · 0.50
Quick ratio
0.10▼
2024 · 0.17
Debt / equity
3.92▲
2024 · 3.44
ROE
21.6%▲
2024 · 18.3%
ROA
4.4%▲
2024 · 4.1%
Interest coverage
10.35▲
2024 · 7.68
Debt
€2.65M▲
2024 · €1.97M
Debt ≤ 1 year
€825k▲
2024 · €794k
Debt > 1 year
€1.82M▲
2024 · €1.17M
Income taxes
€81k▲
2024 · €56k
Staff costs
€1.15M▲
2024 · €1.08M
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€2.55M€3.32M▲
Fixed assets21/28€2.15M€2.95M▲
Intangible fixed assets21€91€0▼
Tangible fixed assets22/27€2.15M€2.95M▲
Land and buildings22€1.47M€2.35M▲
Plant, machinery and equipment23€588k€546k▼
Furniture and vehicles24€82k€54k▼
Other tangible fixed assets26€10k€8k▼
Financial fixed assets28€600€600=
Current assets29/58€398k€370k▼
Stocks and contracts in progress3€264k€287k▲
Stocks30/36€264k€287k▲
Amounts receivable within one year40/41€53k€39k▼
Trade receivables40€29k€34k▲
Other amounts receivable41€24k€5k▼
Current investments50/53-€11
Cash at bank and in hand54/58€78k€45k▼
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€2.55M€3.32M▲
Equity10/15€574k€676k▲
Contributions10/11€63k€63k=
Reserves13€511k€613k▲
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€505k€607k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.97M€2.65M▲
Amounts payable after more than one year17€1.17M€1.82M▲
Financial debts170/4€1.08M€1.62M▲
Other amounts payable178/9€95k€200k▲
Amounts payable within one year42/48€794k€825k▲
Current portion of amounts payable after more than one year42€210k€228k▲
Financial debts43€33k€43k▲
Credit institutions430/8€1k€43k▲
Other loans439€32k€0▼
Trade debts44€167k€150k▼
Suppliers440/4€167k€150k▼
Taxes, remuneration and social security45€240k€198k▼
Taxes450/3€57k€62k▲
Remuneration and social security454/9€183k€136k▼
Other amounts payable47/48€144k€206k▲
Accrued charges and deferred income492/3€6k€7k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€1.08M€1.15M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€259k€389k▲
Other operating charges640/8€14k€12k▼
Gross operating margin9900€1.57M€1.83M▲
Operating profit (loss)9901€219k€282k▲
Financial income75/76B€5k€10k▲
Recurring financial income75€5k€10k▲
Financial charges65/66B€62k€65k▲
Recurring financial charges65€62k€65k▲
Profit (loss) for the period before taxes9903€161k€227k▲
Income taxes67/77€56k€81k▲
Profit (loss) for the period9904€105k€146k▲
Profit (loss) for the period to be appropriated9905€105k€146k▲
Appropriation of the result
Profit (loss) to be appropriated9906€105k€146k▲
Transfer from equity791/2€70k€44k▼
Transfer to equity691/2€105k€146k▲
To other reserves6921€105k€146k▲
Profit to be distributed694/7€70k€44k▼
Return on contributions (dividend)694€70k€44k▼
Social balance
Average headcount (FTE)908718.019.5▲
The notes to these accounts (22 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
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €500kEq €539k ▲21.4%
5 profitable years in a row build equity to €539k.
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Highest result since 2019net €221k ▲843%
Operating result €300k, net result €221k, both a record.
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €23k ▼46.5%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
27-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Knokke-Heist · 2 establishment units since 2006
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.
Zeedijk-Duinbergen 3148301 Knokke-HeistGround area
732 m²
Building footprint
441 m²
Volume, LiDAR
7,591 m³
2 parcels, Flanders · tallest building 33.2 m, ±10 floors. Linked by address, not a title deed.
2 establishment units
Sel Gris
since 20062.154.976.546
Loft Exclusif - by Frederik Deceuninck
since 20192.291.094.666
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31337F0021/00_000 | Flanders | 477 m² | 1 · 352 m² | 33.1 m · 10 fl. |
| 31013D0516/00R002indicative | Flanders | 255 m² | 1 · 89 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesKnokke-Heist2.291.094.666
Knokke-Heist2.154.976.546
Dual-learning approval
7 live approvals · 3 endedHulpkelner (vwo)
Hulpkelner duaal (so)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Kok (vwo)
Kok duaal (so)
Show 1 more
Restaurant en keuken duaal (so)
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 5,419 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-06-2006
Fiscal year end31-03
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55204Guest rooms (bed and breakfast)
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.selgris.be
Website:www.restaurantcaillou.be