DECRAENE THOMAS
ActiveFrom the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
DECRAENE THOMAS has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €242,067 and a net result of €82,494. Equity has been growing by about 27% per year since 2019. Its solvency ranks better than 23% of 338 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Official details
KBO- Status
- Active since 02-06-2017 Normal situation
- Activity
- Electrical installation work in industrial facilities NACE 43212and 1 other
- Establishment unit
- 2.266.220.502 8500 Kortrijk, since 02-06-2017
- Financial year end
- 31 March
- Peppol
- Reachable since 12-02-2025
Board and ownership
- Eggermont TheaDirector
- Decraene ThomasDirector
- Holdings
- Shares in 2 companies ESL and VENSOL INFRA
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €370,938
- ▲ 52.7%
- Turnover
- ≈ €980,000
- estimated
- Profit
- €82,494
- ▲ 23.3%
- Equity
- €242,067
- ▲ 51.7%
- Total assets
- €898,208
- ▲ 26.0%
- Staff
- 3.1 FTE
- ▲ 63.2%
Score breakdownraises riskLiquidity: current ratio 1.42, cash €16,753Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2026 (filed on 16-09-2026)Size: 3.1 FTE, total assets €898,208Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 28% of them on solvency, 18% on liquidity, 60% on profitability and 83% on growth.
The bankruptcy probability was computed on 31-10-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 23 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)
Key points
Comparable companies
These companies have the same main activity as DECRAENE THOMAS: electrical installation work in industrial facilities (NACE 43212). They are comparable in size and age: total assets between €814,000 and €1.2m, founded between 2014 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| DECRAENE THOMAS Kortrijk | €0.9m | €0.4m |
| Elektro Desschans Ingelmunster | €0.9m | €0.4m |
| STEEN MULTITECH Gistel | €1.1m | €0.4m |
| BELOD Oostkamp | €0.8m | €0.3m |
| BMS ELECTRO Bocholt | €0.8m | €0.3m |
| Mathibo Meerhout | €1.0m | €0.5m |
| Mereg Elektro-Hydro Zutendaal | €1.2m | €0.3m |
Documents
Annual accounts at the NBB
- Annual accounts 2026filed on 14-09-2026
- Annual accounts 2025filed on 06-10-2025
- Annual accounts 2024filed on 24-09-2024
- Annual accounts 2023filed on 31-10-2023
Acts in the Belgian Official Gazette
- Amendment of the articles · Legal-form change · Resignations & appointmentsact of 30-11-2023
- Legal-form change · Resignations & appointmentsact of 13-06-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0676.537.881
Key facts about DECRAENE THOMAS
- What is the company number of DECRAENE THOMAS?
- The company number of DECRAENE THOMAS is 0676.537.881. The VAT number is the same number with BE in front: BE 0676.537.881.
- Where is DECRAENE THOMAS based?
- The registered office is at Mimosalaan(Kor) 8, 8500 Kortrijk.Company details
- What does DECRAENE THOMAS do?
- According to the KBO register, the main activity is electrical installation work in industrial facilities (NACE 43212).
- What is the legal form of DECRAENE THOMAS?
- The legal form of DECRAENE THOMAS is Private limited company (BV).
- When was DECRAENE THOMAS founded?
- DECRAENE THOMAS was founded on 02-06-2017.
- Is DECRAENE THOMAS still active?
- Yes, DECRAENE THOMAS is an active enterprise in the KBO register.
- How many employees does DECRAENE THOMAS have?
- DECRAENE THOMAS had an average of 3.1 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- What is the turnover of DECRAENE THOMAS?
- The turnover in financial year 2026 is ≈ €980,000. This figure is estimated from the gross margin of €370,938 and 45 comparable companies (NACE 432). It probably lies between €800,000 and €1.2m.
- Is DECRAENE THOMAS profitable?
- In financial year 2026, DECRAENE THOMAS made a profit of €82,494.
- Where can I find the annual accounts of DECRAENE THOMAS?
- DECRAENE THOMAS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2026.Annual accounts at the National Bank
- When are the next annual accounts of DECRAENE THOMAS due?
- DECRAENE THOMAS must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.