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DEPRO PROFILES

Active
Public limited companyfounded 199233 yrs activeKazerneweg(KOM) 10, 7780 Comines-Warneton, BelgiumKBO/BCE: BE 0448.668.748
Summary

DEPRO PROFILES has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of €50,041. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 16% of 154 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Manufacture of other wood products
NACE 16281Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials NACE 16210NACE 16291
#1 employer in Hainaut, Wood and cork sector2 sites
Size
€57.1mturnover 2025
Staff
191 FTE
Equity
€6.8m
Profit
€50,041
Financial health
69 Healthy Checked score 2025
Bankruptcy chance 12 m
0.7%
Structure
Parent
FINDES · 97.62%
Board
4 members
Holdings
2
Auditor: CALLENS VANDELANOTTEAccounts 15 d early
Why 69- Liquidity: current ratio 1.34, cash €171,204, halved- Equity €6.8m (21.2% of total assets)- Sector Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)- Profit of €50,041 (FY 2025)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 34% of its sector peers (NACE 16)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 46-1
equity 21.2% of total assets
Liquidity 32-6
short-term debt 39.2% · cash 0.5%
Profitability 52-24
return on assets 0.2%
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).

Sector median 0.2% (25 companies)
Last 16 months 07-2025: 0.6% 08-2025: 0.3%▼ -41.6% vs 07-2025lowest value 09-2025: 0.3%● 0.0% vs 08-2025lowest value 10-2025: 0.3%● 0.0% vs 09-2025lowest value 11-2025: 0.4%▲ +9.7% vs 10-2025 12-2025: 0.4%● 0.0% vs 11-2025 01-2026: 0.4%● 0.0% vs 12-2025 02-2026: 0.4%▼ -3.8% vs 01-2026 03-2026: 0.4%▲ +2.5% vs 02-2026 04-2026: 0.4%▲ +1.9% vs 03-2026 05-2026: 0.4%▲ +1.9% vs 04-2026 06-2026: 0.4%▲ +2.4% vs 05-2026 07-2026: 0.4%▲ +0.5% vs 06-2026 08-2026: 0.7%▲ +67.1% vs 07-2026highest value 09-2026: 0.7%● 0.0% vs 08-2026highest value 10-2026: 0.7%● 0.0% vs 09-2026highest value
  • Liquidity: current ratio 1.34, cash €171,204, halved raises the probability
  • Equity €6.8m (21.2% of total assets) raises the probability
  • Sector Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16) raises the probability
  • Profit of €50,041 (FY 2025) raises the probability
Credit up to €460,000 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.77 in 2024; short-term debt: 39.2% and cash: 0.5% of total assets), and 78.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 16). Better than this share of them on solvency 30%, liquidity 33%, profitability 43%, growth against the median 28%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Liquidity: current ratio 1.34, cash €171,204, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Equity €6.8m (21.2% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Profit of €50,041 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 154 sector peers (2025).
NBB · sector comparison
Position among 154 sector peers
Solvency
better than 16%
← 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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 d early
2024
15 d early
2023
5 d early
2022
29 d late
2021
24 d late
2020
3 d early
2019
15 d 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 on the deadline day; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Resignation: SRL LEMANTOU (directeur général)Permanent representatives: Luc JONGBLOET and…
  3. Resignations: SRL PATRICK LECLUYSE (director) and…Permanent representatives: Patrick LECLUYSE, Bart…

Key points

  • Caution: Result fell in 2025from €3.4m to €50,041 ▼ 98.5% View
  • Positive: Employer in Hainaut, Wood and cork sectorin the Checked rankings #1 View
  • Controlled by FINDESitself parent of 2 companies 97.62% View
  • Board changedlatest change 03-06-2026 · 4 in office 1 joined · 1 left View
  • Positive: 6 profitable years in a rowprofit 2025: €50,041 6 years View

By topic

Financials

Fiscal year
2025
Turnover
€57.1m
Profit
€50,041
Solvency
21.2%
Turnover▼ 11.3%
Net result
20182025
Go to Financials

Timeline

Events
29
Since
2006
Next accounts
by 31-07-2027
  1. 16-07-2026Annual accounts filed
  2. 03-06-2026Resignation: SRL LEMANTOU (directeur général)
  3. 04-03-2026Resignations: SRL PATRICK LECLUYSE (director) and SRL…
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of other wood productsNACE 16281
Founded
20-11-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
La société a pour objet tant en Belgique qu'à l'étranger, pour compte propre, pour compte…
Go to Articles of association

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