Skip to content

DEFRUCT

Active
Private limited companyfounded 20206 yrs activeCrutzenstraat 26, 3500 Hasselt, BelgiumKBO/BCE: BE 0743.431.655
Summary

The computed 12-month bankruptcy probability of DEFRUCT is 3.2% (moderate). The 2024 annual accounts show equity of €102,235 and a net result of -€13,508. Equity is shrinking by ~6.1% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability64=
Solvency56=
Growth58=
Track record100
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.05 in 2023; short-term debt: 65.4% and cash: 1.6% of total assets), and 68.5% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and 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 · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 6 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
31.5%
Return on assets
-4.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
2021222324
2020 to 2024 · latest year -€13,508
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-04-2025, 94 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
94 d early
2023
54 d late
2022
21 d early
2021
3 d early
2020
90 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 5 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

On 7 February 2020, DEFRUCT was incorporated as a Private limited company.1 Total assets went from EUR 372,900 in 2020 to EUR 324,596 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

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 2024, micro schema

Equity
€102,235▼ 11.7%
2023 · €115,743
Total assets
€324,596▼ 13.2%
2023 · €374,006
Net result
-€13,508▼ 7.7%
2023 · -€12,547
Working capital
-€203,063▼ 4.6%
2023 · -€194,169
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
Line20202021202220232024
Operating result-€30,785-€2,345€1,265▼ 46.1%-€5,439-€7,585▼ 39.5%
Net result-€37,910--€1,353▲ 96.4%-€3,205▼ 137%-€12,547▼ 291%-€13,508▼ 7.7%
Equity€132,847-€131,495▼ 1.0%€128,290▼ 2.4%€115,743▼ 9.8%€102,235▼ 11.7%
Total assets€372,900-€331,547▼ 11.1%€436,694▲ 31.7%€374,006▼ 14.4%€324,596▼ 13.2%
Debt€240,053-€200,053▼ 16.7%€308,405▲ 54.2%€258,263▼ 16.3%€222,361▼ 13.9%
Working capital-€46,259--€51,751▼ 11.9%-€186,237▼ 260%-€194,169▼ 4.3%-€203,063▼ 4.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0Operating result 2020: -€30,785-€30,785Net result 2020: -€37,910-€37,910Operating result 2021: €2,345€2,345Net result 2021: -€1,353-€1,353Operating result 2022: €1,265€1,265Net result 2022: -€3,205-€3,205Operating result 2023: -€5,439-€5,439Net result 2023: -€12,547-€12,547Operating result 2024: -€7,585-€7,585Net result 2024: -€13,508-€13,50820202021202220232024-€15,000-€10,000-€5,000€0Operating result 2022: €1,265€1,260Net result 2022: -€3,205-€3,210Operating result 2023: -€5,439-€5,440Net result 2023: -€12,547-€12,500Operating result 2024: -€7,585-€7,590Net result 2024: -€13,508-€13,500202220232024
The operating result stays negative: a loss of €7,585 in 2024 against €5,439 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €324,596
Fixed assets €315,463 ▼ 13.1%
Current assets €9,133 ▼ 16.4%
Equity and liabilities €324,596
Equity €102,235 ▼ 11.7%
Debt €222,361 ▼ 13.9%
Debt's share of the balance-sheet total falls from 69.1% to 68.5%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€40,030▼
2023 · €42,176
Cash flow
€34,106▼
2023 · €35,068
Current ratio
0.04▼
2023 · 0.05
Debt to equity
2.18▼
2023 · 2.23
ROE
-13.2%▼
2023 · -10.8%
ROA
-4.2%▼
2023 · -3.4%
Interest coverage
6.76▲
2023 · 5.93
Debt ≤ 1 year
€212,196▲
2023 · €205,097
Debt > 1 year
€7,166▼
2023 · €50,166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
7.3% stopped otherwise
90% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,442 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€374,006€324,596▼
Fixed assets21/28€363,078€315,463▼
Tangible fixed assets22/27€363,078€315,463▼
Land and buildings22€363,078€315,463▼
Current assets29/58€10,928€9,133▼
Amounts receivable within one year40/41€3,410€0▼
Trade receivables40€3,410€0▼
Cash at bank and in hand54/58€3,548€5,041▲
Deferred charges and accrued income490/1€3,970€4,092▲
Equity and liabilities
Total equity and liabilities10/49€374,006€324,596▼
Equity10/15€115,743€102,235▼
Contributions10/11€16,318€16,318=
Reserves13€99,425€85,916▼
Distributable reserves133€99,425€85,916▼
Amounts payable17/49€258,263€222,361▼
Amounts payable after more than one year17€50,166€7,166▼
Financial debts170/4€50,166€7,166▼
Amounts payable within one year42/48€205,097€212,196▲
Current portion of amounts payable after more than one year42€43,000€43,000=
Trade debts44€9,957€12,492▲
Suppliers440/4€9,957€12,492▲
Other amounts payable47/48€152,140€156,704▲
Accrued charges and deferred income492/3€3,000€3,000=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,615€47,615=
Other operating charges640/8€4,461€4,745▲
Gross operating margin9900€46,637€44,774▼
Operating profit (loss)9901-€5,439-€7,585▼
Financial charges65/66B€7,108€5,923▼
Recurring financial charges65€7,108€5,923▼
Profit (loss) for the period before taxes9903-€12,547-€13,508▼
Profit (loss) for the period9904-€12,547-€13,508▼
Profit (loss) for the period to be appropriated9905-€12,547-€13,508▼
Appropriation of the result
Profit (loss) to be appropriated9906-€12,547-€13,508▼
Transfer from equity791/2€12,547€13,508▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58,608€35,861€39,026€47,615€47,615=
Other operating charges640/8-€3,929€4,091€4,461€4,745▲ 6.4%
Gross operating margin9900€31,664€42,135€44,381€46,637€44,774▼ 4.0%
Operating profit (loss)9901-€30,785€2,345€1,265-€5,439-€7,585▼ 39.5%
Financial charges65/66B-€3,698€4,470€7,108€5,923▼ 16.7%
Recurring financial charges65€7,125€3,698€4,470€7,108€5,923▼ 16.7%
Profit (loss) for the period before taxes9903-€37,910-€1,353-€3,205-€12,547-€13,508▼ 7.7%
Profit (loss) for the period9904-€37,910-€1,353-€3,205-€12,547-€13,508▼ 7.7%
Profit (loss) for the period to be appropriated9905-€37,910-€1,353-€3,205-€12,547-€13,508▼ 7.7%
Line20202021202220232024Change
Assets
Total assets20/58€372,900€331,547€436,694€374,006€324,596▼ 13.2%
Fixed assets21/28€361,273€325,412€410,692€363,078€315,463▼ 13.1%
Tangible fixed assets22/27€361,273€325,412€410,692€363,078€315,463▼ 13.1%
Land and buildings22-€325,412€410,692€363,078€315,463▼ 13.1%
Current assets29/58€11,627€6,135€26,002€10,928€9,133▼ 16.4%
Amounts receivable within one year40/41---€3,410€0▼ 100%
Trade receivables40---€3,410€0▼ 100%
Cash at bank and in hand54/58€11,627€3,185€22,286€3,548€5,041▲ 42.1%
Deferred charges and accrued income490/1-€2,950€3,716€3,970€4,092▲ 3.1%
Equity and liabilities
Total equity and liabilities10/49€372,900€331,547€436,694€374,006€324,596▼ 13.2%
Equity10/15€132,847€131,495€128,290€115,743€102,235▼ 11.7%
Contributions10/11-€16,318€16,318€16,318€16,318=
Reserves13€116,529€115,176€111,971€99,425€85,916▼ 13.6%
Distributable reserves133-€115,176€111,971€99,425€85,916▼ 13.6%
Amounts payable17/49€240,053€200,053€308,405€258,263€222,361▼ 13.9%
Amounts payable after more than one year17€179,166€136,166€93,166€50,166€7,166▼ 85.7%
Financial debts170/4-€136,166€93,166€50,166€7,166▼ 85.7%
Amounts payable within one year42/48€57,887€57,887€212,239€205,097€212,196▲ 3.5%
Current portion of amounts payable after more than one year42-€43,000€43,000€43,000€43,000=
Trade debts44€9,957€9,957€9,957€9,957€12,492▲ 25.5%
Suppliers440/4-€9,957€9,957€9,957€12,492▲ 25.5%
Other amounts payable47/48-€4,930€159,282€152,140€156,704▲ 3.0%
Accrued charges and deferred income492/3-€6,000€3,000€3,000€3,000=
Line20202021202220232024Change
Profit (loss) for the period9904-€37,910-€1,353-€3,205-€12,547-€13,508▼ 7.7%
+ Depreciation and write-downs630€58,608€35,861€39,026€47,615€47,615=
Operating cash flow (approximation)€20,698€34,508€35,821€35,068€34,106▼ 2.7%
Investment in fixed assets (approximation)-€0-€124,306€0€0-
Change in cash--€8,442€19,100-€18,737€1,493▲ 108%

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

2025
28-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
23-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
10-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has 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 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
548 m²
Building footprint
107 m²
Volume, LiDAR
731 m³
Parcel 71327G0690/00F003, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
DEFRUCT
Crutzenstraat 26, 3500 HasseltRenting and operating of own or leased residential real estate, excluding social housing
since 20202.299.402.123
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0690/00F003 Flanders 548 m² 1 · 107 m² 10.9 m · 3 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded07-02-2020
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0743431655
Also 9925:BE0743431655
Registered 18-08-2025

Register as of 27 September 2026 · Peppol Directory

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