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DEFRUCT

Active
Private limited companyfounded 2020active for 6 yearsCrutzenstraat 26, 3500 Hasselt, BelgiumKBO/BCE: BE 0743.431.655
Summary

DEFRUCT has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,663 and a net result of -€2,571. Equity is shrinking by about 6.5% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Activity not known1 site
Size
≈ €200,000turnover 2025, estimated
Equity
€99,663
Loss
-€2,571
Turnover estimated from the gross margin
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
2025 accounts 35 days early1 deed in the Belgian Official Gazette
Why 68raises risk1 of the last 3 lateFounded in 2020lowers riskSize: total assets €287,967No main activity registeredShow the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 32% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 60+4
equity 34.6% of total assets
Liquidity 19+2
short-term debt 64.3% · cash 2.0%
Profitability 68+4
return on assets -0.9%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.1%highest value 12-2024: 1.1%● unchanged vs 11-2024highest value 01-2025: 1.0%▼ -0.1 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 0.9%▼ -0.1 percentage points vs 03-2025 05-2025: 0.7%▼ -0.2 percentage points vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.6%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.07, compared with 0.04 in 2024, below 1; short-term debt: 64.3% and cash: 2% of total assets), and 65.4% 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 (no NACE code, micro): better than 35% on solvency, 12% on liquidity, 45% on profitability and 36% on growth.

The bankruptcy probability was computed on 27-10-2026 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
lowers risk · Size: total assets €287,967
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · No main activity registered
KBO
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year -€2,571
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 26-06-2026, 35 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
35 days early
2024
94 days early
2023
54 days late
2022
21 days early
2021
3 days early
2020
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 2 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 10 July (4 of the last 5 filed years within 73 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 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 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2025, micro format

Turnover
≈ €200,000
Estimated: probably between €120,000 and €350,000
Total assets
€287,967▼ 11.3%
2024 · €324,596
Net result
-€2,571▲ 81.0%
2024 · -€13,508
Working capital
-€171,723▲ 15.4%
2024 · -€203,063
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result returns to profit in 2025: €2,736 after a loss of €7,585 in 2024, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€2,736 2025 Net result-€2,571 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result-€30,785-€2,345€1,265▼ 46.1%-€5,439-€7,585▼ 39.5%€2,736
Net result-€37,910--€1,353▲ 96.4%-€3,205▼ 137%-€12,547▼ 291%-€13,508▼ 7.7%-€2,571▲ 81.0%
Equity€132,847-€131,495▼ 1.0%€128,290▼ 2.4%€115,743▼ 9.8%€102,235▼ 11.7%€99,663▼ 2.5%
Total assets€372,900-€331,547▼ 11.1%€436,694▲ 31.7%€374,006▼ 14.4%€324,596▼ 13.2%€287,967▼ 11.3%
Debt€240,053-€200,053▼ 16.7%€308,405▲ 54.2%€258,263▼ 16.3%€222,361▼ 13.9%€188,303▼ 15.3%
Working capital-€46,259--€51,751▼ 11.9%-€186,237▼ 260%-€194,169▼ 4.3%-€203,063▼ 4.6%-€171,723▲ 15.4%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €287,967
Fixed assets €274,387 ▼ 13.0%
Current assets €13,580 ▲ 48.7%
Equity and liabilities €287,967
Equity €99,663 ▼ 2.5%
Debt €188,303 ▼ 15.3%
Debt's share of the balance-sheet total falls from 68.5% to 65.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€43,812▲
2024 · €40,030
Cash flow
€38,505▲
2024 · €34,106
Current ratio
0.07▲
2024 · 0.04
Debt to equity
1.89▼
2024 · 2.18
ROE
-2.6%▲
2024 · -13.2%
ROA
-0.9%▲
2024 · -4.2%
Interest coverage
8.26▲
2024 · 6.76
Debt ≤ 1 year
€185,303▼
2024 · €212,196
Debt > 1 year
€0▼
2024 · €7,166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,440 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90.0% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.3% went bankrupt
7.4% stopped otherwise
90.0% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 3,440 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 · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€324,596€287,967▼
Fixed assets21/28€315,463€274,387▼
Tangible fixed assets22/27€315,463€274,387▼
Land and buildings22€315,463€274,387▼
Current assets29/58€9,133€13,580▲
Amounts receivable within one year40/41€0€3,626▲
Trade receivables40€0€3,626▲
Cash at bank and in hand54/58€5,041€5,735▲
Deferred charges and accrued income490/1€4,092€4,219▲
Equity and liabilities
Total equity and liabilities10/49€324,596€287,967▼
Equity10/15€102,235€99,663▼
Contributions10/11€16,318€16,318=
Reserves13€85,916€83,345▼
Distributable reserves133€85,916€83,345▼
Amounts payable17/49€222,361€188,303▼
Amounts payable after more than one year17€7,166€0▼
Financial debts170/4€7,166€0▼
Amounts payable within one year42/48€212,196€185,303▼
Current portion of amounts payable after more than one year42€43,000€7,166▼
Trade debts44€12,492€16,732▲
Suppliers440/4€12,492€16,732▲
Other amounts payable47/48€156,704€161,405▲
Accrued charges and deferred income492/3€3,000€3,000=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,615€41,076▼
Other operating charges640/8€4,745€4,702▼
Gross operating margin9900€44,774€48,515▲
Operating profit (loss)9901-€7,585€2,736▲
Financial charges65/66B€5,923€5,307▼
Recurring financial charges65€5,923€5,307▼
Profit (loss) for the period before taxes9903-€13,508-€2,571▲
Profit (loss) for the period9904-€13,508-€2,571▲
Profit (loss) for the period to be appropriated9905-€13,508-€2,571▲
Appropriation of the result
Profit (loss) to be appropriated9906-€13,508-€2,571▲
Transfer from equity791/2€13,508€2,571▼

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

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58,608€35,861€39,026€47,615€47,615€41,076▼ 13.7%
Other operating charges640/8-€3,929€4,091€4,461€4,745€4,702▼ 0.9%
Gross operating margin9900€31,664€42,135€44,381€46,637€44,774€48,515▲ 8.4%
Operating profit (loss)9901-€30,785€2,345€1,265-€5,439-€7,585€2,736-
Financial charges65/66B-€3,698€4,470€7,108€5,923€5,307▼ 10.4%
Recurring financial charges65€7,125€3,698€4,470€7,108€5,923€5,307▼ 10.4%
Profit (loss) for the period before taxes9903-€37,910-€1,353-€3,205-€12,547-€13,508-€2,571▲ 81.0%
Profit (loss) for the period9904-€37,910-€1,353-€3,205-€12,547-€13,508-€2,571▲ 81.0%
Profit (loss) for the period to be appropriated9905-€37,910-€1,353-€3,205-€12,547-€13,508-€2,571▲ 81.0%
Line202020212022202320242025Change
Assets
Total assets20/58€372,900€331,547€436,694€374,006€324,596€287,967▼ 11.3%
Fixed assets21/28€361,273€325,412€410,692€363,078€315,463€274,387▼ 13.0%
Tangible fixed assets22/27€361,273€325,412€410,692€363,078€315,463€274,387▼ 13.0%
Land and buildings22-€325,412€410,692€363,078€315,463€274,387▼ 13.0%
Current assets29/58€11,627€6,135€26,002€10,928€9,133€13,580▲ 48.7%
Amounts receivable within one year40/41---€3,410€0€3,626-
Trade receivables40---€3,410€0€3,626-
Cash at bank and in hand54/58€11,627€3,185€22,286€3,548€5,041€5,735▲ 13.8%
Deferred charges and accrued income490/1-€2,950€3,716€3,970€4,092€4,219▲ 3.1%
Equity and liabilities
Total equity and liabilities10/49€372,900€331,547€436,694€374,006€324,596€287,967▼ 11.3%
Equity10/15€132,847€131,495€128,290€115,743€102,235€99,663▼ 2.5%
Contributions10/11-€16,318€16,318€16,318€16,318€16,318=
Reserves13€116,529€115,176€111,971€99,425€85,916€83,345▼ 3.0%
Distributable reserves133-€115,176€111,971€99,425€85,916€83,345▼ 3.0%
Amounts payable17/49€240,053€200,053€308,405€258,263€222,361€188,303▼ 15.3%
Amounts payable after more than one year17€179,166€136,166€93,166€50,166€7,166€0▼ 100%
Financial debts170/4-€136,166€93,166€50,166€7,166€0▼ 100%
Amounts payable within one year42/48€57,887€57,887€212,239€205,097€212,196€185,303▼ 12.7%
Current portion of amounts payable after more than one year42-€43,000€43,000€43,000€43,000€7,166▼ 83.3%
Trade debts44€9,957€9,957€9,957€9,957€12,492€16,732▲ 33.9%
Suppliers440/4-€9,957€9,957€9,957€12,492€16,732▲ 33.9%
Other amounts payable47/48-€4,930€159,282€152,140€156,704€161,405▲ 3.0%
Accrued charges and deferred income492/3-€6,000€3,000€3,000€3,000€3,000=
Line202020212022202320242025Change
Profit (loss) for the period9904-€37,910-€1,353-€3,205-€12,547-€13,508-€2,571▲ 81.0%
+ Depreciation and write-downs630€58,608€35,861€39,026€47,615€47,615€41,076▼ 13.7%
Operating cash flow (approximation)€20,698€34,508€35,821€35,068€34,106€38,505▲ 12.9%
Investment in fixed assets (approximation)-€0-€124,306€0€0€0-
Change in cash--€8,442€19,100-€18,737€1,493€693▼ 53.6%

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

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 26-06-2026 2026-00202669
31-12-2024 micro format 28-04-2025 2025-00079494
31-12-2023 micro format 23-09-2024 2024-00469579
31-12-2022 micro format 10-07-2023 2023-00222674
31-12-2021 abbreviated format 28-07-2022 2022-20234996
31-12-2020 abbreviated format 29-10-2021 2021-75900498

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 7 February 2020, DEFRUCT was incorporated as a private limited company.1 Total assets went from €372,900 in 2020 to €287,967 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
26-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
28-04
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
23-09
NBB filing Annual accounts filed
financial year 2023 · micro format · 54 days late
2023
10-07
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
28-07
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
29-10
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 90 days late
NBB filing
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official 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.

Register details

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

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
548 m²
Building footprint
107 m²
Building volume
731 m³
Parcel 71327G0690/00F003, Flanders · tallest building 10.9 m. 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 2020unit no. 2.299.402.123
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
71327G0690/00F003 Flanders 548 m² 1 · 107 m² 10.9 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.