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DEDEYNE ENGINEERING

Active
Public limited companyfounded 1989active for 36 yearsVijfseweg 31, 8790 Waregem, BelgiumKBO/BCE: BE 0439.302.211
Summary

The computed 12-month bankruptcy probability of DEDEYNE ENGINEERING is 1.8% (moderate). The 2025 annual accounts show equity of €31,922 and a net result of -€239,571. Equity is shrinking by about 26% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 10% of 1,017 sector peers (NACE 41, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€4.6mtotal assets 2025
Staff
0.4 FTE
Equity
€31,922
Loss
-€239,571
Net result +62%: 15-month year
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Structure
Accounts filed 61 days late1 of 13 deeds read
Why 52raises riskLiquidity: current ratio 1.09, cash €15,312Sector: Construction of residential and non-residential buildings (NACE 41)Latest accounts 61 days late; 1 of the last 3 lateEquity €31,922 (0.7% of total assets)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 13% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Weak
Solvency 26-4
equity 0.7% of total assets
Liquidity 15+1
short-term debt 67.3% · cash 0.3%
Profitability 12+7
return on assets -5.2%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,406 companies, NACE 41, micro)
Last 24 months 11-2024: 0.6%lowest value 12-2024: 0.7%▲ +0.1 percentage points vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.8%▲ +0.1 percentage points vs 02-2025 04-2025: 0.9%▲ +0.1 percentage points vs 03-2025 05-2025: 1.3%▲ +0.4 percentage points vs 04-2025 06-2025: 1.6%▲ +0.3 percentage points vs 05-2025 07-2025: 1.6%● unchanged vs 06-2025 08-2025: 1.6%● unchanged vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.7%▲ +0.1 percentage points vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.8%▲ +0.1 percentage points vs 02-2026 04-2026: 2.0%▲ +0.2 percentage points vs 03-2026 05-2026: 2.5%▲ +0.5 percentage points vs 04-2026 06-2026: 2.8%▲ +0.3 percentage points vs 05-2026 07-2026: 3.4%▲ +0.6 percentage points vs 06-2026 08-2026: 3.5%▲ +0.1 percentage points vs 07-2026 09-2026: 4.0%▲ +0.5 percentage points vs 08-2026highest value 10-2026: 1.8%▼ -2.2 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.09, compared with 1.11 in 2024, below the usual 1.5; short-term debt: 67.3% and cash: 0.3% of total assets), and 99.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 12% on solvency, 12% on liquidity and 14% on profitability.

The bankruptcy probability was computed on 15-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
raises riskneutral
raises risk · Liquidity: current ratio 1.09, cash €15,312
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Latest accounts 61 days late; 1 of the last 3 late
NBB · filings
raises risk · Equity €31,922 (0.7% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
18192022232425
2018 to 2025 · latest year -€239,571
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1017 sector peers (2025).
NBB · sector comparison
Position among 1017 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
21 days late
2023
on the day
2022
5 days late
2020
60 days late
2019
27 days late
2018
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Algemene Vergadering - BoekjaarAmendment of the articles ·…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: 6 loss-making years in a rowloss financial year 2025 -€239,571 View
  • Caution: Equity fell in 2025from €271,493 to €31,922 ▼ 88.2% View
  • Caution: Among the weakest 8% on net resultsector median €34,870 · 1,019 companies -€239,571 View
  • Caution: Latest accounts filed lateafter the legal deadline 61 days View

By topic

Financials

Financial year
2025
Total assets
€4.6m
Loss
-€239,571
Solvency
0.7%
Total assets▼ 16.9%
Net result
20182025
Go to Financials

Timeline

Events
38
Since
1991
  1. 30-09-2024Weakest financial year
  2. 30-04-2024Annual accounts filed
  3. 05-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General construction of residential buildingsNACE 41001
Founded
11-12-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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