DEPE BUILD
ActiveDEPE BUILD has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €243k and a net result of €50k. Equity is growing by ~23.5% per year across the filed fiscal years. Its solvency ranks better than 38% of 7376 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
62
/ 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
Profitability64▲+5
Solvency57▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.82 against 1.4 in 2024; short-term debt: 49.7% and cash: 23.1% of total assets), and 68% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
32%
Return on assets
6.6%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
15 d early
2023
20 d early
2022
38 d early
2021
39 d early
2020
44 d early
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€243k▼ 24.2%
2024 · €321k
2018: €84k
2019: €99k
2020: €121k
2021: €143k
2022: €206k
2023: €277k
2024: €321k
2018 → 2025
Total assets
€760k▼ 29.6%
2024 · €1.08M
2018: €245k
2019: €217k
2020: €246k
2021: €362k
2022: €460k
2023: €597k
2024: €1.08M
2018 → 2025
Net result
€50k▼ 15.1%
2024 · €59k
2018: €17k
2019: €15k
2020: €22k
2021: €22k
2022: €84k
2023: €90k
2024: €59k
2018 → 2025
Working capital
€-66k
2024 · €260k
2018: €51k
2019: €76k
2020: €95k
2021: €91k
2022: €117k
2023: €149k
2024: €260k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€143k-€206k▲ 43.9%€277k▲ 34.2%€321k▲ 16.0%€243k▼ 24.2%
Operating result€45k-€125k▲ 179%€139k▲ 11.5%€120k▼ 13.8%€104k▼ 13.3%
Net result€22k-€84k▲ 278%€90k▲ 8.2%€59k▼ 34.8%€50k▼ 15.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €760k
Fixed assets
€448k▲ 174%
Current assets
€312k▼ 66.0%
Equity and liabilities €760k
Equity
€243k▼ 24.2%
Debt
€517k▼ 31.9%
The debt ratio falls from 70.3% to 68.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€158k▲
2024 · €154k
Cash flow
€104k▲
2024 · €93k
Solvency
32.0%▲
2024 · 29.7%
Current ratio
0.82▼
2024 · 1.40
Quick ratio
0.82▼
2024 · 1.38
Debt / equity
2.12▼
2024 · 2.36
ROE
20.5%▲
2024 · 18.3%
ROA
6.6%▲
2024 · 5.5%
Interest coverage
4.46▲
2024 · 4.06
Debt
€517k▼
2024 · €759k
Debt ≤ 1 year
€378k▼
2024 · €656k
Debt > 1 year
€125k▲
2024 · €94k
Income taxes
€24k▼
2024 · €25k
Staff costs
€196k▲
2024 · €174k
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€1.08M€760k▼
Fixed assets21/28€164k€448k▲
Tangible fixed assets22/27€164k€448k▲
Land and buildings22€120k€225k▲
Plant, machinery and equipment23€7k€3k▼
Furniture and vehicles24€37k€108k▲
Assets under construction and advance payments27-€112k
Current assets29/58€917k€312k▼
Stocks and contracts in progress3€10k€2k▼
Stocks30/36€10k€2k▼
Amounts receivable within one year40/41€431k€110k▼
Trade receivables40€414k€63k▼
Other amounts receivable41€17k€48k▲
Current investments50/53-€17k
Cash at bank and in hand54/58€469k€176k▼
Deferred charges and accrued income490/1€7k€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€760k▼
Equity10/15€321k€243k▼
Contributions10/11€19k€19k=
Reserves13€302k€225k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€301k€223k▼
Amounts payable17/49€759k€517k▼
Amounts payable after more than one year17€94k€125k▲
Financial debts170/4€94k€125k▲
Amounts payable within one year42/48€656k€378k▼
Current portion of amounts payable after more than one year42€22k€38k▲
Trade debts44€96k€12k▼
Suppliers440/4€96k€12k▼
Advances received on contracts in progress46€312k-
Taxes, remuneration and social security45€16k€32k▲
Taxes450/3€16k€32k▲
Remuneration and social security454/9€214€652▲
Other amounts payable47/48€211k€296k▲
Accrued charges and deferred income492/3€9k€13k▲
Income statement
Code20242025
Remuneration, social security and pensions62€174k€196k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€54k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€331k€356k▲
Operating profit (loss)9901€120k€104k▼
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Non-recurring financial income76B-€339
Financial charges65/66B€38k€36k▼
Recurring financial charges65€38k€35k▼
Non-recurring financial charges66B-€156
Profit (loss) for the period before taxes9903€84k€74k▼
Income taxes67/77€25k€24k▼
Profit (loss) for the period9904€59k€50k▼
Profit (loss) for the period to be appropriated9905€59k€50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€50k▼
Transfer from equity791/2€15k€128k▲
Transfer to equity691/2€59k€50k▼
To other reserves6921€59k€50k▼
Profit to be distributed694/7€15k€128k▲
Return on contributions (dividend)694€15k€128k▲
The notes to these accounts (6 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €90k ▲8.2%
Operating result €139k, net result €90k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €206k ▲43.9%
5 profitable years in a row build equity to €206k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €121k ▲22.3%
3 profitable years in a row build equity to €121k.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €15k ▼12.8%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Denderleeuw · 1 establishment unit since 2002
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.
Koopwarenstraat 179470 DenderleeuwGround area
951 m²
Building footprint
255 m²
Volume, LiDAR
1,626 m³
2 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vierbergenstraat 42, 1755 Pajottegem
since 20022.114.052.543
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23058B0411/00N000 | Flanders | 649 m² | 1 · 134 m² | 7.1 m · 2 fl. |
| 41011A0707/00Z000 | Flanders | 303 m² | 1 · 122 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 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
2022 to 2025 · 2 entries · 1,500 EUR awarded · 1,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
4 live approvals · 8 endedMedewerker ruwbouw (vwo)
Medewerker ruwbouw duaal (so)
Metselaar (vwo)
Ruwbouw duaal (so)
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Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 11,581 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2001
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45211
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.