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DEFORCHE CONSTRUCT

Active
Public limited companyfounded 1998active for 28 yearsGentseheerweg 108, 8870 Izegem, BelgiumKBO/BCE: BE 0463.256.657
Summary

DEFORCHE CONSTRUCT has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €1.2m. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 15% of 816 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110General construction of other non-residential buildings NACE 41003
5th largest employer in Izegem, Manufacturing sector1 site
Size
€36.2mturnover 2025
Staff
74.6 FTE
Equity
€2.9m
Profit
€1.2m
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
DCG HOLDING · 99.78%
Auditor: VRC BEDRIJFSREVISORENAccounts 14 days early1 of 10 deeds read
Why 90raises riskEquity €2.9m (17.4% of total assets)Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskSize: turnover €36.2m, 74.6 FTE, total assets €16.9mLiquidity: current ratio 1.30, cash €3.4mShow the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 42% of its sector peers (NACE 25, medium-sized)
Financial strength · tick = 2024
Average
Solvency 42+5
equity 17.4% of total assets
Liquidity 35+3
short-term debt 74.7% · cash 20.4%
Profitability 66-9
return on assets 7.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (134 companies, NACE 25, medium-sized)
Last 24 months 11-2024: 0.3%highest value 12-2024: 0.3%● unchanged vs 11-2024highest value 01-2025: 0.3%● unchanged vs 12-2024highest value 02-2025: 0.2%▼ -0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €260,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.3, compared with 1.2 in 2024; short-term debt: 74.7% and cash: 20.4% of total assets), and 82.6% 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 25, medium-sized): better than 18% on solvency, 36% on liquidity, 47% on profitability and 68% on growth.

The bankruptcy probability was computed on 11-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Equity €2.9m (17.4% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Size: turnover €36.2m, 74.6 FTE, total assets €16.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.30, cash €3.4m
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 816 sector peers (2025).
NBB · sector comparison
Position among 816 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
14 days early
2023
14 days early
2022
63 days late
2021
17 days early
2020
41 days late
2019
14 days early
← 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 4 days after the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Reappointment: VRC BEDRIJFSREVISOREN BV (statutory auditor)Permanent representatives: Karel DEFORCHE and…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Among the weakest 15% on solvencysector median 45.9% · 816 companies 17.4% View
  • Positive: Turnover rose in 2025from €23.7m to €36.2m ▲ 52.3% View
  • Controlled by DCG HOLDING 99.78% View
  • Positive: 7 profitable years in a rowprofit 2025: €1.2m 7 years View
  • Flemish supportawarded from 2022 to 2025 €53,510 View

By topic

Financials

Financial year
2025
Turnover
€36.2m
Profit
€1.2m
Solvency
17.4%
Turnover▲ 52.3%
Net result
20182025
Go to Financials

Timeline

Events
30
Since
2000
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2018 to 2025
  2. 17-07-2024Annual accounts filed
  3. 02-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
11-05-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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