DEFORCHE CONSTRUCT
ActiveSummary
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 822 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
Structure
- Parent
- DCG HOLDING · 99.78%
- Challenge Your BusinessDirector · permanent representative Jeroen DE COCK
Auditor: VRC BEDRIJFSREVISORENAccounts 14 days early3 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 41% 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).
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, below the usual 1.5; 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 17% on solvency, 35% on liquidity, 46% on profitability and 67% on growth.
The bankruptcy probability was computed on 23-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 822 sector peers (2025).
NBB · sector comparisonPosition among 822 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 filingsDeviation 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 8 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 monthsWhere today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Reappointment: VRC BEDRIJFSREVISOREN BV (statutory auditor)Permanent representatives: Karel DEFORCHE and…
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, full format
In the rankings
#5 employer in Izegem, Manufacturing sector#10 company by total assets in Izegem, Manufacturing sector
Turnover
€36.2m▲ 52.3%
2024 · €23.7m
EBIT margin
5.0%▼ 6.6pp
2024 · 11.6%
Net result
€1.2m▼ 37.2%
2024 · €2.0m
Working capital
€3.8m▼ 8.6%
2024 · €4.2m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 35% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€36.2m
2025
Operating result€1.8m
2025
Net result€1.2m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€16.9m
2025
Equity€2.9m
2025
Debt€12.9m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€3.8m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin5.0%
2025
Return on assets (ROA)7.3%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency17.4%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.30
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)74.6
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€24.3m-€28.3m▲ 16.7%€20.9m▼ 26.1%€22.0m▲ 5.1%€30.8m▲ 40.1%€37.9m▲ 23.2%€23.7m▼ 37.4%€36.2m▲ 52.3%
Operating result-€0.5m-€0.3m€0.5m▲ 57.6%€0.3m▼ 48.3%€0.5m▲ 77.7%€1.7m▲ 250%€2.8m▲ 61.2%€1.8m▼ 34.7%
Net result-€0.4m-€0.2m€0.2mwithin the sector's middle half▲ 44.0%€0.2mwithin the sector's middle half▼ 6.9%€0.3mwithin the sector's middle half▲ 25.6%€1.1mabove the sector's middle half▲ 267%€2.0mabove the sector's middle half▲ 86.9%€1.2mabove the sector's middle half▼ 37.2%
EBIT margin-2.1%-1.2%▲ 3.3pp2.6%▲ 1.4pp1.3%▼ 1.3pp1.6%▲ 0.3pp4.5%▲ 2.9pp11.6%▲ 7.1pp5.0%▼ 6.6pp
Equity€2.8m-€2.9m▲ 6.2%€2.9mabove the sector's middle half▲ 0.1%€2.9mwithin the sector's middle half▼ 0.1%€2.9mwithin the sector's middle half▲ 0.1%€2.9mwithin the sector's middle half=€2.9mwithin the sector's middle half=€2.9mwithin the sector's middle half=
Total assets€14.6m-€16.4m▲ 12.1%€18.0mabove the sector's middle half▲ 9.5%€18.6mabove the sector's middle half▲ 3.5%€27.2mabove the sector's middle half▲ 46.1%€25.1mabove the sector's middle half▼ 7.6%€25.5mabove the sector's middle half▲ 1.6%€16.9mabove the sector's middle half▼ 33.8%
Debt€11.0m-€12.6m▲ 15.0%€14.4m▲ 13.8%€15.0m▲ 4.7%€23.5m▲ 56.1%€21.1m▼ 10.0%€21.2m▲ 0.5%€12.9m▼ 39.4%
Working capital€3.6m-€4.5m▲ 25.5%€4.1mabove the sector's middle half▼ 7.7%€4.2mabove the sector's middle half▲ 0.8%€4.2mabove the sector's middle half▼ 0.1%€3.7mabove the sector's middle half▼ 11.0%€4.2mabove the sector's middle half▲ 12.1%€3.8mabove the sector's middle half▼ 8.6%
Solvency18.9%-17.9%▼ 1.0pp16.3%below the sector's middle half▼ 1.5pp15.8%below the sector's middle half▼ 0.6pp10.8%below the sector's middle half▼ 5.0pp11.7%below the sector's middle half▲ 0.9pp11.5%below the sector's middle half▼ 0.2pp17.4%below the sector's middle half▲ 5.9pp
Current ratio1.33-1.39▲ 0.061.31within the sector's middle half▼ 0.081.30within the sector's middle half▼ 0.011.19within the sector's middle half▼ 0.111.18within the sector's middle half▼ 0.011.20within the sector's middle half▲ 0.021.30within the sector's middle half▲ 0.10
Return on assets (ROA)-2.5%-1.0%▲ 3.6pp1.4%within the sector's middle half▲ 0.3pp1.2%within the sector's middle half▼ 0.1pp1.1%within the sector's middle half▼ 0.2pp4.2%within the sector's middle half▲ 3.1pp7.7%within the sector's middle half▲ 3.5pp7.3%within the sector's middle half▼ 0.4pp
Staff (FTE)69.1-68.4▼ 1.0%72above the sector's middle half▲ 5.3%75.1above the sector's middle half▲ 4.3%73.2above the sector's middle half▼ 2.5%79.4above the sector's middle half▲ 8.5%75above the sector's middle half▼ 5.5%74.6above the sector's middle half▼ 0.5%
above
within
below
the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.9m
Fixed assets
€460,672 ▲ 31.9%
Current assets
€16.4m ▼ 34.7%
Equity and liabilities €16.9m
Equity
€2.9m =
Provisions
€1.1m ▼ 18.0%
Debt
€12.9m ▼ 39.4%
Debt's share of the balance-sheet total falls from 83.3% to 76.2%. Debt is lower.
Key figures and ratios
EBITDA
€1.9m▼
2024 · €2.9m
Cash flow
€1.4m▼
2024 · €2.1m
Quick ratio
1.10▲
2024 · 1.07
Debt to equity
4.38▼
2024 · 7.24
ROE
42.2%▼
2024 · 67.1%
Interest coverage
48.89▼
2024 · over 100
Debt ≤ 1 year
€12.6m▼
2024 · €21.0m
Debt > 1 year
€152,001▲
2024 · €60,076
Income taxes
€475,716▼
2024 · €771,097
Staff costs
€5.6m▲
2024 · €5.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 378 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97.1% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
2.6%
stopped otherwise
97.1%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 378 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €34.2m | €47.2m | €48.0m | €40.3m | €36.9m | ▼ 8.4% |
| Turnover70 | €24.3m | €28.3m | €20.9m | €22.0m | €30.8m | €37.9m | €23.7m | €36.2m | ▲ 52.3% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €11.7m | €16.0m | €9.8m | €16.3m | €0.3m | ▼ 98.0% |
| Other operating income74 | - | - | - | €0.3m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 26.2% |
| Non-recurring operating income76A | - | - | - | €0.3m | €0.1m | €0.03m | €0.006m | €0.2m | ▲ 2,483% |
| Operating charges60/66A | - | - | - | €33.9m | €46.7m | €46.3m | €37.5m | €35.1m | ▼ 6.4% |
| Goods for resale, raw materials and consumables60 | - | - | - | €21.8m | €33.1m | €31.1m | €26.6m | €25.1m | ▼ 5.6% |
| Purchases600/8 | - | - | - | €22.0m | €33.2m | €31.1m | €26.4m | €25.0m | ▼ 5.5% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.2m | -€0.1m | €0.03m | €0.2m | €0.2m | ▼ 25.2% |
| Services and other goods61 | - | - | - | €6.6m | €7.5m | €8.1m | €4.8m | €4.7m | ▼ 2.5% |
| Remuneration, social security and pensions62 | - | - | - | €4.6m | €4.8m | €5.4m | €5.3m | €5.6m | ▲ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.07m | €0.08m | €0.1m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 15.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€1.3m | €0.8m | €1.2m | €0.2m | -€0.4m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€0.05m | €0.1m | €0.3m | €0.3m | -€0.2m | - |
| Other operating charges640/8 | - | - | - | €2.1m | €0.1m | €0.04m | €0.1m | €0.2m | ▲ 68.3% |
| Non-recurring operating charges66A | - | - | - | €0.09m | €0.001m | €0.08m | €0 | €0.001m | - |
| Operating profit (loss)9901 | -€0.5m | €0.3m | €0.5m | €0.3m | €0.5m | €1.7m | €2.8m | €1.8m | ▼ 34.7% |
| Financial income75/76B | - | - | - | €0.2m | €0.1m | €0.09m | €0.06m | €0.04m | ▼ 32.2% |
| Recurring financial income75 | €0.3m | €0.3m | €0.1m | €0.2m | €0.1m | €0.09m | €0.06m | €0.04m | ▼ 32.2% |
| Income from current assets751 | - | - | - | €0.03m | €0.04m | €0.01m | €0.03m | €0.04m | ▲ 37.8% |
| Other financial income752/9 | - | - | - | €0.2m | €0.09m | €0.08m | €0.04m | €0.006m | ▼ 82.7% |
| Financial charges65/66B | - | - | - | €0.2m | €0.2m | €0.3m | €0.09m | €0.1m | ▲ 54.4% |
| Recurring financial charges65 | €0.2m | €0.4m | €0.3m | €0.2m | €0.2m | €0.3m | €0.09m | €0.1m | ▲ 54.4% |
| Debt charges650 | €0.007m | €0.01m | €0.01m | €0.03m | €0.04m | €0.03m | €0.02m | €0.04m | ▲ 73.7% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | - | - | - | - | €0.03m | - |
| Other financial charges652/9 | - | - | - | €0.1m | €0.1m | €0.3m | €0.06m | €0.07m | ▲ 7.6% |
| Profit (loss) for the period before taxes9903 | -€0.4m | €0.2m | €0.4m | €0.4m | €0.4m | €1.5m | €2.7m | €1.7m | ▼ 37.5% |
| Income taxes67/77 | €0.003m | €0.04m | €0.1m | €0.1m | €0.1m | €0.4m | €0.8m | €0.5m | ▼ 38.3% |
| Taxes670/3 | - | - | - | €0.1m | €0.1m | €0.4m | €0.8m | €0.5m | ▼ 38.1% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €0.009m | €0 | - | €0.002m | - |
| Profit (loss) for the period9904 | -€0.4m | €0.2m | €0.2m | €0.2m | €0.3m | €1.1m | €2.0m | €1.2m | ▼ 37.2% |
| Profit (loss) for the period to be appropriated9905 | -€0.4m | €0.7m | €0.2m | €0.2m | €0.3m | €1.1m | €2.0m | €1.2m | ▼ 37.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €14.6m | €16.4m | €18.0m | €18.6m | €27.2m | €25.1m | €25.5m | €16.9m | ▼ 33.8% |
| Fixed assets21/28 | €0.2m | €0.3m | €0.4m | €0.4m | €0.5m | €0.4m | €0.3m | €0.5m | ▲ 31.9% |
| Intangible fixed assets21 | €0.02m | €0.1m | €0.3m | €0.2m | €0.1m | €0.07m | €0.04m | €0.02m | ▼ 54.9% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.1m | €0.2m | €0.4m | €0.3m | €0.3m | €0.4m | ▲ 41.5% |
| Plant, machinery and equipment23 | - | - | - | - | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 10.1% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.1m | €0.09m | €0.06m | €0.04m | ▼ 38.7% |
| Leasing and similar rights25 | - | - | - | €0.07m | €0.1m | €0.1m | €0.1m | €0.3m | ▲ 127% |
| Financial fixed assets28 | €0.04m | €0.01m | €0.01m | €0.01m | €0.001m | €0.001m | €0.03m | €0.05m | ▲ 49.5% |
| Other financial fixed assets284/8 | - | - | - | €0.01m | €0.001m | €0.001m | €0.03m | €0.05m | ▲ 49.5% |
| Shares284 | - | - | - | - | - | - | - | €0.003m | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.01m | €0.001m | €0.001m | €0.03m | €0.04m | ▲ 41.3% |
| Current assets29/58 | €14.4m | €16.1m | €17.5m | €18.2m | €26.7m | €24.7m | €25.1m | €16.4m | ▼ 34.7% |
| Stocks and contracts in progress3 | €1.1m | €1.4m | €1.2m | €3.5m | €3.4m | €2.5m | €2.6m | €2.6m | ▼ 0.9% |
| Stocks30/36 | - | - | - | €1.4m | €1.5m | €1.5m | €1.3m | €1.2m | ▼ 8.1% |
| Raw materials and consumables30/31 | - | - | - | €1.4m | €1.5m | €1.5m | €1.3m | €1.1m | ▼ 12.2% |
| Work in progress32 | - | - | - | - | - | - | - | €0.05m | - |
| Contracts in progress37 | - | - | - | €2.2m | €1.9m | €1.0m | €1.3m | €1.4m | ▲ 5.9% |
| Amounts receivable within one year40/41 | €9.7m | €9.6m | €11.2m | €12.3m | €18.3m | €15.3m | €14.3m | €10.1m | ▼ 29.2% |
| Trade receivables40 | - | - | - | €11.5m | €17.0m | €14.4m | €13.5m | €8.8m | ▼ 35.3% |
| Other amounts receivable41 | - | - | - | €0.8m | €1.3m | €0.9m | €0.8m | €1.4m | ▲ 75.8% |
| Current investments50/53 | €0.6m | €0.3m | €0.09m | €0.09m | €0.09m | €0.09m | €2.6m | €0.1m | ▼ 95.8% |
| Other investments51/53 | - | - | - | €0.09m | €0.09m | €0.09m | €2.6m | €0.1m | ▼ 95.8% |
| Cash at bank and in hand54/58 | €1.6m | €2.1m | €3.4m | €2.2m | €4.7m | €6.8m | €5.5m | €3.4m | ▼ 37.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.08m | €0.1m | €0.09m | €0.1m | €0.2m | ▲ 33.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €14.6m | €16.4m | €18.0m | €18.6m | €27.2m | €25.1m | €25.5m | €16.9m | ▼ 33.8% |
| Equity10/15 | €2.8m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | = |
| Contributions10/11 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Capital10 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Issued capital100 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Reserves13 | €1.1m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Non-distributable reserves130/1 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Legal reserve130 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Distributable reserves133 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | €1.1m | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Provisions and deferred taxes16 | €0.9m | €0.9m | €0.7m | €0.6m | €0.8m | €1.0m | €1.3m | €1.1m | ▼ 18.0% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.6m | €0.8m | €1.0m | €1.3m | €1.1m | ▼ 18.0% |
| Other liabilities and charges164/5 | - | - | - | €0.6m | €0.8m | €1.0m | €1.3m | €1.1m | ▼ 18.0% |
| Amounts payable17/49 | €11.0m | €12.6m | €14.4m | €15.0m | €23.5m | €21.1m | €21.2m | €12.9m | ▼ 39.4% |
| Amounts payable after more than one year17 | €0.03m | €1.0m | €1.0m | €1.0m | €0.9m | €0.07m | €0.06m | €0.2m | ▲ 153% |
| Financial debts170/4 | - | - | - | €1.0m | €0.9m | €0.07m | €0.06m | €0.2m | ▲ 153% |
| Leasing and similar obligations172 | - | - | - | €0.01m | €0.06m | €0.06m | €0.06m | €0.2m | ▲ 153% |
| Credit institutions173 | - | - | - | €0.3m | €0.1m | €0.01m | €0 | - | - |
| Other loans174 | - | - | - | €0.7m | €0.7m | €0 | - | - | - |
| Amounts payable within one year42/48 | €10.8m | €11.6m | €13.4m | €14.0m | €22.5m | €21.0m | €21.0m | €12.6m | ▼ 39.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.1m | €0.06m | €0.09m | ▲ 50.1% |
| Financial debts43 | - | - | - | - | €0.2m | €83 | €0 | - | - |
| Credit institutions430/8 | - | - | - | - | €0.2m | €83 | €0 | - | - |
| Trade debts44 | €6.1m | €7.0m | €8.7m | €7.4m | €8.5m | €7.8m | €10.9m | €6.5m | ▼ 40.1% |
| Suppliers440/4 | - | - | - | €7.4m | €8.5m | €7.8m | €10.9m | €6.5m | ▼ 40.1% |
| Advances received on contracts in progress46 | - | - | - | €4.5m | €11.3m | €10.3m | €6.0m | €3.0m | ▼ 49.8% |
| Taxes, remuneration and social security45 | - | - | - | €1.1m | €1.3m | €1.1m | €1.7m | €1.5m | ▼ 6.5% |
| Taxes450/3 | - | - | - | €0.5m | €0.7m | €0.4m | €1.1m | €0.9m | ▼ 16.4% |
| Remuneration and social security454/9 | - | - | - | €0.6m | €0.6m | €0.7m | €0.6m | €0.7m | ▲ 11.5% |
| Other amounts payable47/48 | - | - | - | €0.8m | €1.1m | €1.6m | €2.4m | €1.5m | ▼ 39.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.07m | €0.05m | €0.2m | €0.09m | ▼ 52.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.4m | €0.2m | €0.2m | €0.2m | €0.3m | €1.1m | €2.0m | €1.2m | ▼ 37.2% |
| + Depreciation and write-downs630 | €0.07m | €0.08m | €0.1m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 15.4% |
| Operating cash flow (approximation) | -€0.3m | €0.3m | €0.4m | €0.4m | €0.5m | €1.2m | €2.1m | €1.4m | ▼ 34.2% |
| Investment in fixed assets (approximation) | - | -€0.2m | -€0.3m | -€0.1m | -€0.3m | -€0.03m | -€0.1m | -€0.2m | ▼ 151% |
| Change in cash | - | €0.5m | €1.3m | -€1.2m | €2.6m | €2.0m | -€1.3m | -€2.0m | ▼ 54.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 17-07-2026 | 2026-00303509 |
| 31-12-2024 | full format | 17-07-2025 | 2025-00287593 |
| 31-12-2023 | full format | 17-07-2024 | 2024-00269238 |
| 31-12-2022 | full format | 02-10-2023 | 2023-00468843 |
| 31-12-2021 | full format | 14-07-2022 | 2022-20190908 |
| 31-12-2020 | full format | 10-09-2021 | 2021-66900150 |
| 31-12-2019 | full format | 17-07-2020 | 2020-31600137 |
| 31-12-2018 | full format | 12-07-2019 | 2019-32500409 |
| 31-12-2017 | full format | 10-07-2018 | 2018-32200183 |
| 31-12-2016 | full format | 11-07-2017 | 2017-31500480 |
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Of the 3,951 active companies whose main activity is manufacture of metal structures and parts of structures (NACE 25110), figures are known for 2,158. 886 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 9 entries · €53,510 awarded · €53,480 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | €12,298 | €13,127 |
| 2024 | 2 | €12,178 | €11,371 |
| 2023 | 2 | €19,099 | €19,823 |
| 2022 | 2 | €9,935 | €9,159 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2023
Board 1
Challenge Your Business
CurrentBijkomend bestuurder · since 04-12-2023 · Private limited company · permanent representative: Jeroen DE COCK
Permanent representatives 1
Jeroen DE COCK
CurrentPermanent representative · since 04-12-2023 · for Challenge Your Business
Statutory auditor 1
VRC BEDRIJFSREVISOREN
CurrentStatutory auditor · since 05-02-2026
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
7 of this company's 10 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
3 people since 2023, 2 in office
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Challenge Your Business |
|
| VRC BEDRIJFSREVISOREN |
|
| ASACOM |
|
Owners and capital
Owners
1 ownerChain of control
- DCG HOLDING
- DEFORCHE CONSTRUCT
Highest known parent: DCG HOLDING. The sources do not say who stands above it.
Owners 1
- DCG HOLDINGparent99.78%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Capital over the years
- 28-12-2023 Capital stated in the deed · €550,000 · 1,354 shares
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
BROVIA VENTURES
Shared corporate director
→
DEFORCHE INVEST
Shared corporate director
→
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
financial year 2025 · full format
05-02
Gazette deed
Reappointment: VRC BEDRIJFSREVISOREN BV (statutory auditor)Permanent representatives: Karel DEFORCHE and Steven DEFORCHE6 facts ▸
Gazette deed
Reappointment: VRC BEDRIJFSREVISOREN BV (statutory auditor)
Permanent representatives: Karel DEFORCHE and Steven DEFORCHE6 facts ▸
- General meeting, 30-06-2025
- Auditor reappointment, VRC BEDRIJFSREVISOREN BV (statutory auditor)
- Director in office, CYMILLE (managing director)
- Permanent representative, Karel DEFORCHE
- Director in office, JANOLIM (managing director)
- Permanent representative, Steven DEFORCHE
2025
17-07
NBB filing
Annual accounts filed
financial year 2024 · full format
2024
31-12
Financial
Highest result from 2018 to 2025net €2.0m ▲86.9%
Operating result €2.8m, net result €2.0m, both a record.
17-07
NBB filing
Annual accounts filed
financial year 2023 · full format
2023
28-12
Gazette deed
Purpose · Amendment of the articles · MiscellaneousRegistered office clause · Capital · Power of attorney6 facts ▸
Gazette deed
Purpose · Amendment of the articles · Miscellaneous
Registered office clause · Capital · Power of attorney6 facts ▸
- General meeting, 18-12-2023
- Registered office clause, “Vlaams Gewest, Gentseheerweg 108,8870 Izegem” (deed in Dutch)
- Amendment of the articles (3 times)
- Other provision, “zowel overdracht onder levenden als bij overlijden, overdrachtsregeling van aandelen in statuten voorzien” (deed in Dutch)
- Capital, €550,000
- Power of attorney
04-12
Gazette deed
Resignation: ASACOM (managing director and chair of the board)Appointment: CHALLENGE YOUR BUSINESS (bijkomend bestuurder) · Permanent representatives: Peter DEFORCHE, Jeroen DE COCK and 2 others11 facts ▸
Gazette deed
Resignation: ASACOM (managing director and chair of the board)
Appointment: CHALLENGE YOUR BUSINESS (bijkomend bestuurder) · Permanent representatives: Peter DEFORCHE, Jeroen DE COCK and 2 others11 facts ▸
- Board meeting, 25-09-2023
- General meeting, 02-10-2023
- Director resignation, ASACOM (managing director and chair of the board)
- Director appointment, CHALLENGE YOUR BUSINESS (bijkomend bestuurder)
- Board composition, CYMILLE (director)
- Board composition, JANOLIM (director)
- Board composition, CHALLENGE YOUR BUSINESS (director)
- Permanent representative, Peter DEFORCHE
- Permanent representative, Jeroen DE COCK
- Permanent representative, Karel DEFORCHE
- Permanent representative, Steven DEFORCHE
02-10
NBB filing
Annual accounts filed
financial year 2022 · full format · 63 days late
2022
14-07
NBB filing
Annual accounts filed
financial year 2021 · full format
2021
10-09
NBB filing
Annual accounts filed
financial year 2020 · full format · 41 days late
2020
17-07
NBB filing
Annual accounts filed
financial year 2019 · full format
2019
31-12
Financial
Back to profitnet €170,281
Net result €170,281 after one loss-making year.
Show earlier events
12-07
NBB filing
Annual accounts filed
financial year 2018 · full format
2018
10-07
NBB filing
Annual accounts filed
financial year 2017 · full format
2017
11-07
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 27 annual accounts filed, the latest 10 are here; all 27 are under Financials.
3 of 10 deeds read
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 7 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.
Register details
Identification
Legal formPublic limited company
Founded11-05-1998
Financial year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
41003General construction of other non-residential buildings
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0463256657
Registered
02-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0463.256.657
Recognitions · licences · registrations
Recognised contractor
17 categoriesDEFORCHE CONSTRUCT NVapproval no. 06999
- D5 General joinery, timber roof trusses and stairsclass 1, up to €162,000
- D7 Wrought ironworkclass 1, up to €162,000
- D14 Glazingclass 1, up to €162,000
- D16 Sanitary installations and gas heating with individual appliancesclass 1, up to €162,000
- D17 Central heating, thermal installationsclass 5, up to €2,172,000
- D20 Metal joineryclass 7, up to €6,396,000
- D22 Metal roofing and zinc workclass 1, up to €162,000
- F General steel construction contractsclass 1, up to €162,000
Show all 17 categories
- F1 Assembly and dismantling (without supplies)class 1, up to €162,000
- F2 Steel load-bearing structuresclass 1, up to €162,000
- K General mechanical equipment contractsclass 1, up to €162,000
- K2 Handling and lifting equipment (cranes and overhead cranes)class 1, up to €162,000
- P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 5, up to €2,172,000
- P2 Electrical and electromechanical installations of structures and industry, outdoor installationsclass 3, up to €600,000
- P3 Overhead power linesclass 3, up to €600,000
- S1 Public telephone and telegraph equipmentclass 3, up to €600,000
- T3 Refrigeration equipmentclass 1, up to €162,000
Legal Entity Identifier
5493000DFRXYZXAKJL91
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 1998
Ground area
395 m²
Building footprint
214 m²
Building volume
1,350 m³
Parcel 36493B0161/00W003, Flanders · tallest building 19.1 m. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
DEFORCHE CONSTRUCT
since 1998unit no. 2.086.726.950
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36493B0161/00W003 | Flanders | 395 m² | 1 · 214 m² | 19.1 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DEFORCHE CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Onverminderd deze algemene vertegenwoordigingsmacht van de raad van bestuur, wordt de vennootschap in en buiten rechte vertegenwoordigd door…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Één enkele bestuurder, natuurlijke of rechtspersonen,al of niet aandeelhouders” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of June at 08:30