DEPYPERE
ActiveSummary
DEPYPERE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173,735 and a net result of €26,472. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 55% of 548 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+4
Solvency71=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 1.79 against 2.4 in 2024; short-term debt: 22.2% and cash: 11.7% of total assets), but 53.6% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 02-10-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
on the day
2023
on the day
2022
26 d early
2021
2 d early
2019
on the day
2018
28 d late
← 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 before the deadline; 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€173,735▲ 1.8%
2024 · €170,598
Total assets
€374,693▲ 1.8%
2024 · €368,224
Net result
€26,472▲ 78.4%
2024 · €14,839
Working capital
€65,785▼ 23.9%
2024 · €86,449
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€22,539-€30,261▲ 34.3%€14,786▼ 51.1%€23,393▲ 58.2%€38,046▲ 62.6%
Net result€21,125within the sector's middle half-€24,680above the sector's middle half▲ 16.8%€8,401within the sector's middle half▼ 66.0%€14,839within the sector's middle half▲ 76.6%€26,472within the sector's middle half▲ 78.4%
Equity€126,298within the sector's middle half-€147,357within the sector's middle half▲ 16.7%€155,759within the sector's middle half▲ 5.7%€170,598above the sector's middle half▲ 9.5%€173,735above the sector's middle half▲ 1.8%
Total assets€339,701within the sector's middle half-€420,875above the sector's middle half▲ 23.9%€382,575above the sector's middle half▼ 9.1%€368,224within the sector's middle half▼ 3.8%€374,693within the sector's middle half▲ 1.8%
Debt€213,403-€273,518▲ 28.2%€226,817▼ 17.1%€197,626▼ 12.9%€200,957▲ 1.7%
Working capital€65,812-€55,084▼ 16.3%€71,675▲ 30.1%€86,449▲ 20.6%€65,785▼ 23.9%
Solvency37.2%within the sector's middle half-35.0%within the sector's middle half▼ 2.2pp40.7%within the sector's middle half▲ 5.7pp46.3%within the sector's middle half▲ 5.6pp46.4%within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 63% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €374,693
Fixed assets
€225,634 ▲ 2.6%
Current assets
€149,059 ▲ 0.5%
Equity and liabilities €374,693
Equity
€173,735 ▲ 1.8%
Debt
€200,957 ▲ 1.7%
Debt's share of the balance-sheet total stays at 53.6%.
Key figures and ratios
EBITDA
€77,362▲
2024 · €61,886
Cash flow
€65,789▲
2024 · €53,332
Current ratio
1.79▼
2024 · 2.40
Quick ratio
1.39▼
2024 · 2.02
Debt to equity
1.16▼
2024 · 1.16
ROE
15.2%▲
2024 · 8.7%
ROA
7.1%▲
2024 · 4.0%
Interest coverage
19.42▲
2024 · 14.00
Debt ≤ 1 year
€83,274▲
2024 · €61,832
Debt > 1 year
€117,683▼
2024 · €135,794
Income taxes
€9,264▲
2024 · €5,713
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 31,324 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,695 | €29,082 | €39,616 | €38,493 | €39,317 | ▲ 2.1% |
| Other operating charges640/8 | - | €3,844 | €5,294 | €6,677 | €5,014 | ▼ 24.9% |
| Gross operating margin9900 | €55,238 | €63,187 | €59,696 | €68,562 | €82,376 | ▲ 20.1% |
| Operating profit (loss)9901 | €22,539 | €30,261 | €14,786 | €23,393 | €38,046 | ▲ 62.6% |
| Financial income75/76B | - | €445 | €1,664 | €1,579 | €1,673 | ▲ 6.0% |
| Recurring financial income75 | €1,519 | €445 | €1,664 | €1,579 | €1,673 | ▲ 6.0% |
| Financial charges65/66B | - | €4,853 | €4,754 | €4,420 | €3,983 | ▼ 9.9% |
| Recurring financial charges65 | €4,917 | €4,853 | €4,754 | €4,420 | €3,983 | ▼ 9.9% |
| Profit (loss) for the period before taxes9903 | €19,141 | €25,853 | €11,697 | €20,552 | €35,736 | ▲ 73.9% |
| Transfer from deferred taxes780 | - | €3,620 | - | - | - | - |
| Income taxes67/77 | €7,016 | €4,794 | €3,295 | €5,713 | €9,264 | ▲ 62.1% |
| Profit (loss) for the period9904 | €21,125 | €24,680 | €8,401 | €14,839 | €26,472 | ▲ 78.4% |
| Transfer from tax-exempt reserves789 | - | - | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €21,125 | €24,680 | €8,401 | €14,839 | €26,472 | ▲ 78.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €339,701 | €420,875 | €382,575 | €368,224 | €374,693 | ▲ 1.8% |
| Fixed assets21/28 | €231,458 | €292,218 | €253,715 | €219,943 | €225,634 | ▲ 2.6% |
| Tangible fixed assets22/27 | €231,458 | €292,218 | €253,715 | €219,943 | €225,634 | ▲ 2.6% |
| Land and buildings22 | - | €201,604 | €183,642 | €165,680 | €176,995 | ▲ 6.8% |
| Plant, machinery and equipment23 | - | €70,023 | €53,451 | €38,234 | €38,814 | ▲ 1.5% |
| Furniture and vehicles24 | - | €20,592 | €16,622 | €16,029 | €9,825 | ▼ 38.7% |
| Financial fixed assets28 | - | - | €0 | - | - | - |
| Current assets29/58 | €108,243 | €128,657 | €128,860 | €148,281 | €149,059 | ▲ 0.5% |
| Amounts receivable after more than one year29 | - | €50,000 | €50,000 | €40,493 | €40,493 | = |
| Trade receivables290 | - | - | €50,000 | €40,493 | - | - |
| Other amounts receivable291 | - | €50,000 | - | - | €40,493 | - |
| Stocks and contracts in progress3 | €10,179 | €12,512 | €42,554 | €23,542 | €33,666 | ▲ 43.0% |
| Stocks30/36 | - | €12,512 | €22,411 | €14,575 | €13,666 | ▼ 6.2% |
| Contracts in progress37 | - | - | €20,143 | €8,968 | €20,000 | ▲ 123% |
| Amounts receivable within one year40/41 | €24,252 | €22,679 | €12,983 | €69,570 | €25,585 | ▼ 63.2% |
| Trade receivables40 | - | €7,932 | €5,982 | €53,089 | €5,264 | ▼ 90.1% |
| Other amounts receivable41 | - | €14,746 | €7,001 | €16,481 | €20,321 | ▲ 23.3% |
| Cash at bank and in hand54/58 | €20,470 | €39,466 | €19,737 | €12,093 | €43,850 | ▲ 263% |
| Deferred charges and accrued income490/1 | - | €4,000 | €3,587 | €2,582 | €5,465 | ▲ 112% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €339,701 | €420,875 | €382,575 | €368,224 | €374,693 | ▲ 1.8% |
| Equity10/15 | €126,298 | €147,357 | €155,759 | €170,598 | €173,735 | ▲ 1.8% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €120,098 | €141,157 | €149,559 | €164,398 | €167,535 | ▲ 1.9% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Tax-exempt reserves132 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €139,297 | €147,699 | €162,538 | €167,535 | ▲ 3.1% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €213,403 | €273,518 | €226,817 | €197,626 | €200,957 | ▲ 1.7% |
| Amounts payable after more than one year17 | €170,972 | €199,451 | €166,011 | €135,794 | €117,683 | ▼ 13.3% |
| Financial debts170/4 | - | €199,451 | €166,011 | €135,794 | €117,683 | ▼ 13.3% |
| Amounts payable within one year42/48 | €42,431 | €73,572 | €57,186 | €61,832 | €83,274 | ▲ 34.7% |
| Current portion of amounts payable after more than one year42 | - | €32,828 | €33,440 | €30,217 | €32,188 | ▲ 6.5% |
| Financial debts43 | - | - | - | - | €4,183 | - |
| Credit institutions430/8 | - | - | - | - | €4,183 | - |
| Trade debts44 | €10,222 | €35,443 | €22,950 | €25,054 | €19,511 | ▼ 22.1% |
| Suppliers440/4 | - | €35,443 | €22,950 | €25,054 | €19,511 | ▼ 22.1% |
| Taxes, remuneration and social security45 | - | €4,660 | €795 | €6,561 | €4,058 | ▼ 38.1% |
| Taxes450/3 | - | €0 | €795 | €1,709 | €1,711 | ▲ 0.2% |
| Remuneration and social security454/9 | - | €4,660 | €0 | €4,852 | €2,347 | ▼ 51.6% |
| Other amounts payable47/48 | - | €642 | €0 | - | €23,335 | - |
| Accrued charges and deferred income492/3 | - | €494 | €3,620 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,125 | €24,680 | €8,401 | €14,839 | €26,472 | ▲ 78.4% |
| + Depreciation and write-downs630 | €28,695 | €29,082 | €39,616 | €38,493 | €39,317 | ▲ 2.1% |
| Operating cash flow (approximation) | €49,820 | €53,762 | €48,017 | €53,332 | €65,789 | ▲ 23.4% |
| Investment in fixed assets (approximation) | - | -€89,842 | -€1,113 | -€4,720 | -€45,008 | ▼ 854% |
| Change in cash | - | €18,996 | -€19,729 | -€7,644 | €31,757 | ▲ 515% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €26,472 ▲78.4%
Operating result €38,046, net result €26,472, both a record.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €150,000Eq €155,759 ▲5.7%
4 profitable years in a row build equity to €155,759.
2022
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2017
27-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2016
16-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
2015
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Kuurne · 1 establishment unit since 2006
Ground area
908 m²
Building footprint
141 m²
Volume, LiDAR
1,090 m³
Parcel 34023B0708/00Y000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Depypere²
since 20062.151.005.583
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023B0708/00Y000 | Flanders | 908 m² | 1 · 141 m² | 11.9 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.
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Of 1,599 companies in sector 16230 we hold annual accounts for 784. 629 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-12-2005
Fiscal year end31-03
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
41001General construction of residential buildings
43110Demolition
43320Joinery installation
43343Specialised construction activities
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0878068051
Also
9925:BE0878068051
Registered
15-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.