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DECEUNINCK HENDRIK

Active
Private limited companyfounded 199629 yrs activeBlekerijstraat 85, 8870 Izegem, BelgiumKBO/BCE: BE 0459.128.516

DECEUNINCK HENDRIK has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.27M and a net result of €180k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 26% of 404 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
68 / 100
Healthy▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-16
Solvency55▲+2
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 3.48 against 3.42 in 2024), but 76.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
23.1%
Return on assets
3.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 d early
2024
50 d early
2023
56 d early
2022
48 d early
2021
52 d early
2020
45 d early
2019
10 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€1.27M▲ 1.6%
2024 · €1.25M
2019: €585k 2021: €852k 2022: €1.06M 2023: €1.19M 2024: €1.25M
2019 → 2025
Total assets
€5.47M▼ 2.3%
2024 · €5.60M
2019: €3.54M 2021: €3.98M 2022: €5.23M 2023: €6.51M 2024: €5.60M
2019 → 2025
Net result
€180k▼ 16.8%
2024 · €216k
2019: €207k 2021: €302k 2022: €372k 2023: €285k 2024: €216k
2019 → 2025
Working capital
€2.81M▲ 3.7%
2024 · €2.71M
2019: €927k 2021: €1.25M 2022: €1.09M 2023: €1.40M 2024: €2.71M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€852k-€1.06M▲ 24.9%€1.19M▲ 11.7%€1.25M▲ 4.7%€1.27M▲ 1.6%
Operating result€404k-€495k▲ 22.5%€421k▼ 14.9%€345k▼ 18.0%€290k▼ 16.2%
Net result€302k-€372k▲ 23.5%€285k▼ 23.5%€216k▼ 24.1%€180k▼ 16.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400kOperating result 2021: €404k€404kNet result 2021: €302k€302kOperating result 2022: €495k€495kNet result 2022: €372k€372kOperating result 2023: €421k€421kNet result 2023: €285k€285kOperating result 2024: €345k€345kNet result 2024: €216k€216kOperating result 2025: €290k€290kNet result 2025: €180k€180k20212022202320242025
The operating result has fallen three years in a row; 2025 is 16% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.47M
Fixed assets €1.53M▼ 13.5%
Current assets €3.94M▲ 3.0%
Equity and liabilities €5.47M
Equity €1.27M▲ 1.6%
Debt €4.20M▼ 3.4%
The debt ratio falls from 77.7% to 76.9%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€655k
2024 · €709k
Cash flow
€545k
2024 · €580k
Solvency
23.1%
2024 · 22.3%
Current ratio
3.48
2024 · 3.42
Quick ratio
0.86
2024 · 1.02
Debt / equity
3.32
2024 · 3.49
ROE
14.2%
2024 · 17.4%
ROA
3.3%
2024 · 3.9%
Interest coverage
6.94
2024 · 7.18
Debt
€4.20M
2024 · €4.35M
Debt ≤ 1 year
€1.13M
2024 · €1.12M
Debt > 1 year
€3.07M
2024 · €3.23M
Income taxes
€16k
2024 · €31k
Staff costs
€1.57M
2024 · €1.61M
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€5.60M€5.47M
Fixed assets21/28€1.77M€1.53M
Tangible fixed assets22/27€1.77M€1.53M
Land and buildings22€985k€909k
Plant, machinery and equipment23€626k€538k
Furniture and vehicles24€163k€88k
Current assets29/58€3.82M€3.94M
Amounts receivable after more than one year29€3k€4k
Trade receivables290€3k€4k
Stocks and contracts in progress3€2.69M€2.96M
Stocks30/36€2.69M€2.96M
Amounts receivable within one year40/41€895k€788k
Trade receivables40€893k€786k
Other amounts receivable41€2k€2k
Cash at bank and in hand54/58€171k€135k
Deferred charges and accrued income490/1€64k€44k
Equity and liabilities
Total equity and liabilities10/49€5.60M€5.47M
Equity10/15€1.25M€1.27M
Contributions10/11€20k€20k=
Reserves13€1.23M€1.25M
Distributable reserves133€1.23M€1.25M
Amounts payable17/49€4.35M€4.20M
Amounts payable after more than one year17€3.23M€3.07M
Financial debts170/4€3.23M€3.07M
Amounts payable within one year42/48€1.12M€1.13M
Current portion of amounts payable after more than one year42€382k€327k
Trade debts44€337k€409k
Suppliers440/4€337k€409k
Advances received on contracts in progress46€32k€75k
Taxes, remuneration and social security45€198k€150k
Taxes450/3€81k€46k
Remuneration and social security454/9€117k€104k
Other amounts payable47/48€167k€169k
Income statement Code20242025
Remuneration, social security and pensions62€1.61M€1.57M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€364k€365k
Other operating charges640/8€41k€41k
Gross operating margin9900€2.36M€2.27M
Operating profit (loss)9901€345k€290k
Financial income75/76B€975€1k
Recurring financial income75€975€1k
Financial charges65/66B€99k€94k
Recurring financial charges65€99k€94k
Profit (loss) for the period before taxes9903€248k€196k
Income taxes67/77€31k€16k
Profit (loss) for the period9904€216k€180k
Profit (loss) for the period to be appropriated9905€216k€180k
Appropriation of the result
Profit (loss) to be appropriated9906€216k€180k
Transfer to equity691/2€56k€20k
To other reserves6921€56k€20k
Profit to be distributed694/7€160k€160k=
Directors or managers695€160k€160k=
Social balance
Average headcount (FTE)908724.022.7

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
12-12
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial Weakest financial yearnet €180k ▼16.8%
Net result drops to €180k, the lowest in the series.
2024
12-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial Liquidity doublescurrent ratio 3.42
Current ratio from 1.45 to 3.42; short-term debt falls from €3.11M to €1.12M.
2023
06-12
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
14-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial Highest result since 2019net €372k ▲23.5%
Operating result €495k, net result €372k, both a record.
30-06
Financial Equity above €1MEq €1.06M ▲24.9%
3 profitable years in a row build equity to €1.06M.
2021
10-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
17-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
10-02
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2018
17-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
07-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-12
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
9 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, Izegem · 1 establishment unit since 1996
establishment The establishment unit on the map
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.

Blekerijstraat 858870 Izegem
Ground area
1.3 ha
Building footprint
3,818 m²
Parcel 36008C0556/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
DECEUNINCK HENDRIK BVBA
Blekerijstraat 85, 8870 IzegemNACE 2852002
since 19962.078.983.380
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36008C0556/00E000 Flanders 1.3 ha 1 · 3,818 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 4,061 EUR awarded · 4,511 EUR paid
Year Entries awardedpaid
2025 1 1,168 EUR1,168 EUR
2024 1 1,265 EUR1,265 EUR
2023 1 1,401 EUR1,851 EUR
2022 1 227 EUR227 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 4,061 EUR · 4,511 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 268 companies in sector 28220 we hold annual accounts for 231. 182 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-11-1996
Fiscal year end30-06
Activities, NACEBEL
28220Manufacture of machinery and equipment not elsewhere classified
46644Wholesale trade
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
45402
46610Wholesale trade
46649Wholesale of other machinery and equipment
47830Retail sale of motorcycles and motorcycle parts and accessories
50103
50200
50400Inland freight water transport
51872
51880
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.