Skip to content

DEESS

Active
Private limited companyfounded 20188 yrs activeHeulsestraat 41, 8860 Lendelede, BelgiumKBO/BCE: BE 0687.933.797
Summary

The computed 12-month bankruptcy probability of DEESS is 1.6% (moderate). The 2025 annual accounts show negative equity (-€21,793) and a net result of -€584. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 18458 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability31▲+31
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.49 against 0.57 in 2024; short-term debt: 202.9% and cash: 86.3% of total assets), and equity is negative.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025
Solvency, return and age of the figures
Solvency
-102.9%
Return on assets
-2.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€21,793
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filings
Deviation from the deadline
2025
31 d late
2024
89 d late
2023
14 d late
2022
21 d late
2021
11 d late
2020
27 d late
2019
28 d 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 32 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 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

History

DEESS was incorporated on 15 January 2018.1 Since 2026, Paul Karim has served as director of the company.2 Total assets rose from EUR 14,001 in 2018 to EUR 21,179 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 22-09-2026
  3. 3National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
-€21,793▼ 2.8%
2024 · -€21,209
Total assets
€21,179▼ 25.1%
2024 · €28,263
Net result
-€584▲ 97.0%
2024 · -€19,687
Working capital
-€21,793▼ 2.8%
2024 · -€21,209
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€478€3,170▲ 563%-€3,605-€19,541▼ 442%-€480▲ 97.5%
Net result€257€3,046▲ 1,085%-€3,719-€19,687▼ 429%-€584▲ 97.0%
Equity-€848▲ 23.3%€2,198-€1,521-€21,209▼ 1,294%-€21,793▼ 2.8%
Total assets€9,394▲ 5.6%€11,749▲ 25.1%€10,906▼ 7.2%€28,263▲ 159%€21,179▼ 25.1%
Debt€10,242▲ 2.4%€9,551▼ 6.7%€12,427▲ 30.1%€49,471▲ 298%€42,971▼ 13.1%
Working capital-€1,192▲ 38.2%€2,198-€1,521-€21,209▼ 1,294%-€21,793▼ 2.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0Operating result 2021: €478€478Net result 2021: €257€257Operating result 2022: €3,170€3,170Net result 2022: €3,046€3,046Operating result 2023: -€3,605-€3,605Net result 2023: -€3,719-€3,719Operating result 2024: -€19,541-€19,541Net result 2024: -€19,687-€19,687Operating result 2025: -€480-€480Net result 2025: -€584-€58420212022202320242025-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€3,605-€3,600Net result 2023: -€3,719-€3,720Operating result 2024: -€19,541-€19,500Net result 2024: -€19,687-€19,700Operating result 2025: -€480-€480Net result 2025: -€584-€584202320242025
The operating result stays negative: a loss of €480 in 2025 against €19,541 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
-102.9%▼
2024 · -75.0%
Current ratio
0.49▼
2024 · 0.57
Debt to equity
-1.97▲
2024 · -2.33
ROA
-2.8%▲
2024 · -69.7%
Debt ≤ 1 year
€42,971▼
2024 · €49,471
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€28,263€21,179▼
Current assets29/58€28,263€21,179▼
Amounts receivable within one year40/41€2,558€2,908▲
Trade receivables40€961€961=
Other amounts receivable41€1,597€1,947▲
Cash at bank and in hand54/58€7,992€18,271▲
Deferred charges and accrued income490/1€17,712-
Equity and liabilities
Total equity and liabilities10/49€28,263€21,179▼
Equity10/15-€21,209-€21,793▼
Contributions10/11€6,200€6,200=
Outside capital11€6,200-
Share premium1100/10€6,200-
Profit (loss) carried forward14-€27,409-€27,993▼
Amounts payable17/49€49,471€42,971▼
Amounts payable within one year42/48€49,471€42,971▼
Trade debts44€1,655-
Suppliers440/4€1,655-
Other amounts payable47/48€47,817€42,971▼
Income statement Code20242025
Other operating charges640/8€976-
Gross operating margin9900-€18,565-€480▲
Operating profit (loss)9901-€19,541-€480▲
Financial income75/76B-€15
Recurring financial income75-€15
Financial charges65/66B€146€119▼
Recurring financial charges65€146€119▼
Profit (loss) for the period before taxes9903-€19,687-€584▲
Profit (loss) for the period9904-€19,687-€584▲
Profit (loss) for the period to be appropriated9905-€19,687-€584▲
Appropriation of the result
Profit (loss) to be appropriated9906-€27,409-€27,993▼
Profit (loss) brought forward from the previous period14P-€7,721-€27,409▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€344€344----
Other operating charges640/8€498€717€550€976--
Gross operating margin9900€1,319€4,231-€3,055-€18,565-€480▲ 97.4%
Operating profit (loss)9901€478€3,170-€3,605-€19,541-€480▲ 97.5%
Financial income75/76B----€15-
Recurring financial income75----€15-
Financial charges65/66B€221€124€114€146€119▼ 18.6%
Recurring financial charges65€221€124€114€146€119▼ 18.6%
Profit (loss) for the period before taxes9903€257€3,046-€3,719-€19,687-€584▲ 97.0%
Profit (loss) for the period9904€257€3,046-€3,719-€19,687-€584▲ 97.0%
Profit (loss) for the period to be appropriated9905€257€3,046-€3,719-€19,687-€584▲ 97.0%
Line20212022202320242025Change
Assets
Total assets20/58€9,394€11,749€10,906€28,263€21,179▼ 25.1%
Formation expenses20€344€0----
Current assets29/58€9,050€11,749€10,906€28,263€21,179▼ 25.1%
Amounts receivable within one year40/41€8,489€2,477€3,027€2,558€2,908▲ 13.7%
Trade receivables40€961€961€961€961€961=
Other amounts receivable41€7,528€1,516€2,066€1,597€1,947▲ 21.9%
Cash at bank and in hand54/58€561€9,272€6,280€7,992€18,271▲ 129%
Deferred charges and accrued income490/1--€1,600€17,712--
Equity and liabilities
Total equity and liabilities10/49€9,394€11,749€10,906€28,263€21,179▼ 25.1%
Equity10/15-€848€2,198-€1,521-€21,209-€21,793▼ 2.8%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Outside capital11€6,200€6,200€6,200€6,200--
Share premium1100/10€6,200€6,200€6,200€6,200--
Profit (loss) carried forward14-€7,048-€4,002-€7,721-€27,409-€27,993▼ 2.1%
Amounts payable17/49€10,242€9,551€12,427€49,471€42,971▼ 13.1%
Amounts payable within one year42/48€10,242€9,551€12,427€49,471€42,971▼ 13.1%
Trade debts44€1,442€751€2,165€1,655--
Suppliers440/4€1,442€751€2,165€1,655--
Other amounts payable47/48€8,800€8,800€10,262€47,817€42,971▼ 10.1%
Line20212022202320242025Change
Profit (loss) for the period9904€257€3,046-€3,719-€19,687-€584▲ 97.0%
+ Depreciation and write-downs630€344€344----
Operating cash flow (approximation)€601€3,390-€3,719-€19,687-€584▲ 97.0%
Change in cash-€8,711-€2,993€1,712€10,279▲ 500%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-09
State Gazette act Appointment: Paul Karim (director)
Declaration · Power of attorney9 facts ▸
  • General meeting, 04-09-2026
  • Director appointment, Paul Karim (director)
  • Declaration, non-application of article 6.3 of the new Civil Code, no action by counterparty against appointed director for faults committed in the name of the company
  • Power of attorney, Anthony Van der Hauwaert
  • Power of attorney, Katrien De Vos
  • Power of attorney, Alexis Debier
  • Board meeting, 04-09-2026
  • Director appointment, Paul Karim (day-to-day manager)
  • Declaration, non-application of article 6.3 of the new Civil Code, no action by counterparty against appointed daily director for faults committed in the name of the company
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
2024
31-12
Financial Weakest financial yearnet -€19,687
Net result drops to -€19,687, the lowest in the series; recovery starts the following year.
14-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
21-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
11-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial Back to profitnet €257
Net result €257 after one loss-making year.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial Back to profitnet €3,357
Net result €3,357 after one loss-making year.
20-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts

Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 director, 1 in day-to-day management, last change in 2026

Board 1

Paul Karim
Director · since 02-09-2026
Current

Day-to-day management 1

Paul Karim
Day-to-day manager · since 02-09-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
8 of this company's 9 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Lendelede · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
975 m²
Building footprint
401 m²
Volume, LiDAR
2,147 m³
Parcel 34025C0261/00D002, Flanders · tallest building 13.2 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DEESS
Heulsestraat 41, 8860 LendeledeWholesale trade
since 20182.272.283.396
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34025C0261/00D002 Flanders 975 m² 1 · 401 m² 13.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 1 in office
Show
  • Board
  • Day-to-day management
Mandates per person, with start and end dates
Name Functions and periods
Paul Karim
  • Director, from 02-09-2026 to date
  • Day-to-day manager, from 02-09-2026 to date
See the board, name and seat on a given date →

Articles of association

Who signs
“-De heer Paul Karim; te Het mandaat is onbezoldigd. Voor zover rechtens mogelijk, verklaart de Enige Aandeelhouder artikel 6.3 van het nieuw Burgerlijk Wetboek niet van toepassing. Bijgevolg zal een medecontractant van de Vennootschap geen vordering kunnen instellen tegen de benoemde bestuurder voor…”
Full text

-De heer Paul Karim; te Het mandaat is onbezoldigd. Voor zover rechtens mogelijk, verklaart de Enige Aandeelhouder artikel 6.3 van het nieuw Burgerlijk Wetboek niet van toepassing. Bijgevolg zal een medecontractant van de Vennootschap geen vordering kunnen instellen tegen de benoemde bestuurder voor wat betreft eventuele fouten die deze zou hebben begaan (in naam van de Vennootschap). De Enige Aandeelhouder besluit dat de bestuurder de Vennootschap rechtsgeldig alleen kan vertegenwoordigen voor verbintenissen, transacties en rechtshandelingen waarvan het bedrag niet hoger is dan 150.000 EUR (exclusief btw). Voor verbintenissen, transacties en rechtshandelingen waarvan het bedrag hoger is dan 150.000 EUR (exclusief btw), wordt de Vennootschap slechts rechtsgeldig vertegenwoordigd door de gezamenlijke handtekening van twee bestuurders, gezamenlijk handelend.

“Voor zover rechtens mogelijk, verklaren de bestuurders artikel 6.3 van het nieuw Burgerlijk Wetboek niet van. toepassing. Bijgevolg zal een medecontractant van de Vennootschap geen vordering kunnen instellen tegen de benoemde dagelijks bestuurder voor wat betreft eventuele fouten die deze zou hebben…”
Full text

Voor zover rechtens mogelijk, verklaren de bestuurders artikel 6.3 van het nieuw Burgerlijk Wetboek niet van. toepassing. Bijgevolg zal een medecontractant van de Vennootschap geen vordering kunnen instellen tegen de benoemde dagelijks bestuurder voor wat betreft eventuele fouten die deze zou hebben begaan naam van de Vennootschap). (in De bestuurders beslissen met eenparigheid van stemmen dat de dagelijks bestuurder de Vennootschap alleen zal kunnen vertegenwoordigen voor verbintenissen, transacties en rechtshandelingen waarvan het bedrag niet hoger is dan 150.000 EUR (exclusief btw). Voor verbintenissen, transacties en rechtshandelingen waarvan het bedrag hoger is dan 150.000 EUR (exclusief btw), zal de Vennootschap slechts geldig kunnen worden vertegenwoordigd door de gezamenlijke handtekening van twee bestuurders, gezamenlijk handelend.

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Similar companies · same sector, comparable size

Of 765 companies in sector 47552 we hold annual accounts for 444. 55 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded15-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47552Retail sale of lighting equipment
46474Wholesale trade
Contact
Phone 0498110148

Scores and ratios are computed by Checked and are not a credit decision.