DEFORCHE
ActiveDEFORCHE has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.12M and a net result of €255k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 35% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+2
Solvency57▲+5
Growth62▼-1
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.23 in 2024; short-term debt: 62.3% and cash: 25% of total assets), and 68.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
31.5%
Return on assets
3.8%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
54 d early
2023
49 d early
2022
3 d late
2021
61 d early
2020
52 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€65.22M▼ 3.2%
2024 · €67.39M
2018: €67.04M
2019: €69.19M
2020: €57.47M
2021: €54.90M
2022: €75.50M
2023: €72.77M
2024: €67.39M
2018 → 2025
EBIT margin
0.6%▲ 0.2pp
2024 · 0.4%
2018: 0.4%
2019: 0.5%
2020: 1.0%
2021: 0.2%
2022: 0.3%
2023: 0.4%
2024: 0.4%
2018 → 2025
Net result
€255k▲ 58.1%
2024 · €161k
2018: €120k
2019: €206k
2020: €378k
2021: €67k
2022: €44k
2023: €213k
2024: €161k
2018 → 2025
Working capital
€1.38M▲ 25.6%
2024 · €1.10M
2018: €646k
2019: €744k
2020: €868k
2021: €871k
2022: €870k
2023: €912k
2024: €1.10M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€54.90M-€75.50M▲ 37.5%€72.77M▼ 3.6%€67.39M▼ 7.4%€65.22M▼ 3.2%
Equity€1.45M-€1.49M▲ 3.0%€1.70M▲ 14.3%€1.86M▲ 9.5%€2.12M▲ 13.7%
Operating result€132k-€250k▲ 89.5%€322k▲ 28.8%€245k▼ 23.7%€381k▲ 55.2%
Net result€67k-€44k▼ 35.4%€213k▲ 388%€161k▼ 24.3%€255k▲ 58.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 55% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.72M
Fixed assets
€1.15M▲ 23.1%
Current assets
€5.57M▼ 4.9%
Equity and liabilities €6.72M
Equity
€2.12M▲ 13.7%
Debt
€4.60M▼ 6.5%
The debt ratio falls from 72.5% to 68.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€583k▲
2024 · €452k
Cash flow
€457k▲
2024 · €368k
Solvency
31.5%▲
2024 · 27.5%
Current ratio
1.33▲
2024 · 1.23
Quick ratio
1.29▲
2024 · 1.20
Debt / equity
2.17▼
2024 · 2.64
ROE
12.0%▲
2024 · 8.7%
ROA
3.8%▲
2024 · 2.4%
Interest coverage
22.25▼
2024 · 22.73
Debt
€4.60M▼
2024 · €4.92M
Debt ≤ 1 year
€4.19M▼
2024 · €4.75M
Debt > 1 year
€416k▲
2024 · €172k
Income taxes
€89k▲
2024 · €50k
Staff costs
€220k▲
2024 · €201k
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€6.79M€6.72M▼
Fixed assets21/28€936k€1.15M▲
Intangible fixed assets21-€114k
Tangible fixed assets22/27€935k€1.04M▲
Land and buildings22€360k€321k▼
Plant, machinery and equipment23€18k€16k▼
Furniture and vehicles24€557k€427k▼
Leasing and similar rights25€0€274k▲
Financial fixed assets28€270€270=
Other financial fixed assets284/8€270€270=
Amounts receivable and cash guarantees285/8€270€270=
Current assets29/58€5.85M€5.57M▼
Stocks and contracts in progress3€156k€171k▲
Stocks30/36€156k€171k▲
Goods purchased for resale34€156k€171k▲
Amounts receivable within one year40/41€3.65M€3.68M▲
Trade receivables40€3.53M€3.64M▲
Other amounts receivable41€118k€42k▼
Cash at bank and in hand54/58€2.01M€1.68M▼
Deferred charges and accrued income490/1€31k€32k▲
Equity and liabilities
Total equity and liabilities10/49€6.79M€6.72M▼
Equity10/15€1.86M€2.12M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.80M€2.06M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€84k€84k=
Distributable reserves133€1.71M€1.97M▲
Amounts payable17/49€4.92M€4.60M▼
Amounts payable after more than one year17€172k€416k▲
Financial debts170/4€172k€416k▲
Leasing and similar obligations172-€232k
Credit institutions173€172k€184k▲
Other amounts payable178/9€0-
Amounts payable within one year42/48€4.75M€4.19M▼
Current portion of amounts payable after more than one year42€152k€182k▲
Financial debts43€94k€0▼
Credit institutions430/8€94k€0▼
Trade debts44€3.93M€3.41M▼
Suppliers440/4€3.93M€3.41M▼
Taxes, remuneration and social security45€72k€89k▲
Taxes450/3€45k€59k▲
Remuneration and social security454/9€27k€29k▲
Other amounts payable47/48€501k€501k=
Accrued charges and deferred income492/3€868€0▼
Income statement
Code20242025
Operating income70/76A€67.53M€65.33M▼
Turnover70€67.39M€65.22M▼
Other operating income74€145k€113k▼
Non-recurring operating income76A€600€135▼
Operating charges60/66A€67.29M€64.95M▼
Goods for resale, raw materials and consumables60€65.71M€63.28M▼
Purchases600/8€65.63M€63.30M▼
Change in stocks: decrease (increase)609€83k€-15k▼
Services and other goods61€1.13M€1.23M▲
Remuneration, social security and pensions62€201k€220k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€207k€202k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€0▼
Other operating charges640/8€29k€15k▼
Non-recurring operating charges66A€4k€0▼
Operating profit (loss)9901€245k€381k▲
Financial income75/76B€398€3k▲
Recurring financial income75€398€3k▲
Income from current assets751-€2k
Other financial income752/9€398€823▲
Financial charges65/66B€35k€39k▲
Recurring financial charges65€35k€39k▲
Debt charges650€20k€26k▲
Other financial charges652/9€15k€13k▼
Profit (loss) for the period before taxes9903€211k€344k▲
Income taxes67/77€50k€89k▲
Taxes670/3€50k€91k▲
Tax adjustments and reversals of tax provisions77€33€1k▲
Profit (loss) for the period9904€161k€255k▲
Transfer to tax-exempt reserves689€27k€0▼
Profit (loss) for the period to be appropriated9905€134k€255k▲
Appropriation of the result
Profit (loss) to be appropriated9906€134k€255k▲
Transfer to equity691/2€134k€255k▲
To other reserves6921€134k€255k▲
Social balance
Average headcount (FTE)90874.04.2▲
The notes to these accounts (64 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
2026
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Equity above €2MEq €2.12M ▲13.7%
8 profitable years in a row build equity to €2.12M.
07-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 3 days late
2022
30-09
Financial
Weakest financial yearnet €44k ▼35.4%
Net result drops to €44k, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Highest result since 2018net €378k ▲83.1%
Operating result €574k, net result €378k, both a record.
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Equity above €1MEq €1.10M ▲23.1%
2 profitable years in a row build equity to €1.10M.
14-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
12-01-2024
DEFORCHE Jan Odiel Jeanne Jacques: Resigned as Director
12-01-2024
POTTIE Elsje Maria Martha Francisca: Resigned as Director
Location & real-estate footprint
Registered office, Zonnebeke · 3 establishment units since 1983
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.
4e Regiment Karabiniersstraat 478980 ZonnebekeGround area
6,699 m²
Building footprint
1,475 m²
Volume, LiDAR
7,192 m³
3 parcels, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
DEFORCHE
since 19832.022.848.490
DEFORCHE
since 19882.139.535.334
MANDELBENZ
since 19892.139.536.324
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33019D1168/00A000 | Flanders | 5,107 m² | 1 · 1,305 m² | 7.6 m · 2 fl. |
| 36492A0306/00P000 | Flanders | 1,438 m² | 1 · 50 m² | 5.0 m · 1 fl. |
| 33019D0978/00R002 | Flanders | 154 m² | 1 · 119 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
2023 to 2025 · 4 entries · 3,417 EUR awarded · 3,417 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 132 EUR | 132 EUR |
| 2024 | 1 | 185 EUR | 185 EUR |
| 2023 | 2 | 3,100 EUR | 3,100 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 840 companies in sector 46810 we hold annual accounts for 473. 309 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-08-1983
Fiscal year end30-09
Activities, NACEBEL
46810Wholesale of solid, liquid and gaseous fuels and related products
49410Freight transport by road
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
52481
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:051/780210
Phone:051/319612