DERAM SYSTEMS
ActiveSummary
The computed 12-month bankruptcy probability of DERAM SYSTEMS is 2.1% (moderate). The annual accounts of DERAM SYSTEMS for fiscal year 2025 show a net loss of 60% of the equity at the start of that year. The 2025 annual accounts show equity of €133,822 and a net result of -€203,723. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 10% of 7940 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability7▼-38
Solvency31▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.96 against 1.0 in 2024; short-term debt: 57.6% and cash: 0.5% of total assets), and 93.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 7940 sector peers (2025).
NBB · sector comparisonPosition among 7940 sector peers
Solvency
better than 10%
← 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 29-07-2026, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
6 d early
2022
42 d early
2021
29 d early
2020
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 26 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€133,822▼ 60.4%
2024 · €337,545
Total assets
€2.2m▼ 7.3%
2024 · €2.3m
Net result
-€203,723
2024 · €22,749
Working capital
-€44,810▼ 1,114%
2024 · -€3,691
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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€88,558▼ 17.4%€108,271▲ 22.3%€139,189▲ 28.6%€79,520▼ 42.9%-€155,693
Net result€65,331within the sector's middle half▼ 16.6%€74,557within the sector's middle half▲ 14.1%€78,020within the sector's middle half▲ 4.6%€22,749within the sector's middle half▼ 70.8%-€203,723below the sector's middle half
Equity€162,219within the sector's middle half▲ 67.4%€236,776within the sector's middle half▲ 46.0%€314,796within the sector's middle half▲ 33.0%€337,545within the sector's middle half▲ 7.2%€133,822within the sector's middle half▼ 60.4%
Total assets€950,003within the sector's middle half▲ 73.3%€1.5mwithin the sector's middle half▲ 57.5%€1.5mwithin the sector's middle half▼ 1.4%€2.3mabove the sector's middle half▲ 59.1%€2.2mabove the sector's middle half▼ 7.3%
Debt€787,785▲ 74.5%€1.3m▲ 59.9%€1.2m▼ 7.9%€2.0m▲ 73.2%€2.0m▲ 1.6%
Working capital€342,229within the sector's middle half€208,355within the sector's middle half▼ 39.1%€209,424within the sector's middle half▲ 0.5%-€3,691below the sector's middle half-€44,810below the sector's middle half▼ 1,114%
Solvency17.1%below the sector's middle half▼ 0.6pp15.8%below the sector's middle half▼ 1.3pp21.3%below the sector's middle half▲ 5.5pp14.4%below the sector's middle half▼ 7.0pp6.2%below the sector's middle half▼ 8.2pp
Current ratio1.81within the sector's middle half▲ 0.961.19within the sector's middle half▼ 0.621.19within the sector's middle half=1.00below the sector's middle half▼ 0.190.96below the sector's middle half▼ 0.03
Return on assets (ROA)6.9%within the sector's middle half▼ 7.4pp5.0%within the sector's middle half▼ 1.9pp5.3%within the sector's middle half▲ 0.3pp1.0%below the sector's middle half▼ 4.3pp-9.4%below the sector's middle half▼ 10.3pp
Staff (FTE)10.1within the sector's middle half▲ 77.2%9.3within the sector's middle half▼ 7.9%9.8above the sector's middle half▲ 5.4%13above the sector's middle half▲ 32.7%11.2above the sector's middle half▼ 13.8%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
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 turns negative in 2025: a loss of €155,693 after €79,520 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets
€967,343 ▼ 1.4%
Current assets
€1.2m ▼ 11.6%
Equity and liabilities €2.2m
Equity
€133,822 ▼ 60.4%
Debt
€2.0m ▲ 1.6%
Debt's share of the balance-sheet total rises from 85.6% to 93.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€66,750▼
2024 · €141,592
Cash flow
-€114,780▼
2024 · €84,822
Quick ratio
0.47▼
2024 · 0.54
Debt to equity
15.26▲
2024 · 5.96
ROE
-152.2%▼
2024 · 6.7%
Interest coverage
-1.38▼
2024 · 2.99
Debt ≤ 1 year
€1.3m▼
2024 · €1.4m
Debt > 1 year
€788,711▲
2024 · €640,170
Staff costs
€653,808▼
2024 · €680,171
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 819 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a small loss
1.8%
went bankrupt
3.3%
stopped otherwise
95%
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 2.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 819 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €420,857 | €462,816 | €498,203 | €680,171 | €653,808 | ▼ 3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,816 | €53,309 | €58,663 | €62,072 | €88,943 | ▲ 43.3% |
| Other operating charges640/8 | €1,792 | €2,513 | €7,870 | €3,072 | €7,228 | ▲ 135% |
| Gross operating margin9900 | €558,022 | €626,909 | €703,925 | €824,834 | €594,287 | ▼ 28.0% |
| Operating profit (loss)9901 | €88,558 | €108,271 | €139,189 | €79,520 | -€155,693 | ▼ 296% |
| Financial income75/76B | €847 | €102 | €84 | €9 | €375 | ▲ 4,257% |
| Recurring financial income75 | €847 | €102 | €84 | €9 | €375 | ▲ 4,257% |
| Financial charges65/66B | €4,114 | €7,842 | €32,875 | €47,294 | €48,405 | ▲ 2.4% |
| Recurring financial charges65 | €4,114 | €7,842 | €32,875 | €47,294 | €48,405 | ▲ 2.4% |
| Profit (loss) for the period before taxes9903 | €85,292 | €100,531 | €106,399 | €32,234 | -€203,723 | ▼ 732% |
| Income taxes67/77 | €19,961 | €25,974 | €28,378 | €9,485 | - | - |
| Profit (loss) for the period9904 | €65,331 | €74,557 | €78,020 | €22,749 | -€203,723 | ▼ 996% |
| Profit (loss) for the period to be appropriated9905 | €65,331 | €74,557 | €78,020 | €22,749 | -€203,723 | ▼ 996% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €950,003 | €1.5m | €1.5m | €2.3m | €2.2m | ▼ 7.3% |
| Fixed assets21/28 | €186,271 | €175,372 | €141,474 | €981,406 | €967,343 | ▼ 1.4% |
| Tangible fixed assets22/27 | €172,806 | €161,907 | €128,010 | €968,398 | €954,336 | ▼ 1.5% |
| Land and buildings22 | - | - | - | €828,152 | €808,715 | ▼ 2.3% |
| Plant, machinery and equipment23 | €107,145 | €72,066 | €58,881 | €28,949 | €15,827 | ▼ 45.3% |
| Furniture and vehicles24 | €6,223 | €39,600 | €28,085 | €79,451 | €107,145 | ▲ 34.9% |
| Other tangible fixed assets26 | €59,439 | €50,241 | €41,044 | €31,846 | €22,648 | ▼ 28.9% |
| Financial fixed assets28 | €13,464 | €13,464 | €13,464 | €13,007 | €13,007 | = |
| Current assets29/58 | €763,732 | €1.3m | €1.3m | €1.4m | €1.2m | ▼ 11.6% |
| Stocks and contracts in progress3 | €3,650 | €413,449 | €534,336 | €629,148 | €621,715 | ▼ 1.2% |
| Stocks30/36 | €3,650 | €413,449 | €534,336 | €563,648 | €357,834 | ▼ 36.5% |
| Contracts in progress37 | - | - | - | €65,500 | €263,881 | ▲ 303% |
| Amounts receivable within one year40/41 | €368,219 | €843,596 | €704,216 | €668,236 | €575,787 | ▼ 13.8% |
| Trade receivables40 | €331,120 | €803,682 | €659,104 | €585,243 | €504,603 | ▼ 13.8% |
| Other amounts receivable41 | €37,099 | €39,914 | €45,112 | €82,993 | €71,184 | ▼ 14.2% |
| Cash at bank and in hand54/58 | €387,050 | €57,313 | €89,679 | €63,310 | €10,646 | ▼ 83.2% |
| Deferred charges and accrued income490/1 | €4,813 | €6,551 | €5,588 | €5,527 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €950,003 | €1.5m | €1.5m | €2.3m | €2.2m | ▼ 7.3% |
| Equity10/15 | €162,219 | €236,776 | €314,796 | €337,545 | €133,822 | ▼ 60.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €143,619 | €218,176 | €296,196 | €318,945 | €115,222 | ▼ 63.9% |
| Distributable reserves133 | €143,619 | €218,176 | €296,196 | €318,945 | €115,222 | ▼ 63.9% |
| Amounts payable17/49 | €787,785 | €1.3m | €1.2m | €2.0m | €2.0m | ▲ 1.6% |
| Amounts payable after more than one year17 | €28,105 | €41,575 | €36,103 | €640,170 | €788,711 | ▲ 23.2% |
| Financial debts170/4 | €28,105 | €41,575 | €36,103 | €640,170 | €788,711 | ▲ 23.2% |
| Amounts payable within one year42/48 | €421,504 | €1.1m | €1.1m | €1.4m | €1.3m | ▼ 8.5% |
| Current portion of amounts payable after more than one year42 | €8,869 | €21,993 | €26,627 | €57,020 | €94,536 | ▲ 65.8% |
| Financial debts43 | €100,000 | €535,000 | €575,000 | €475,000 | €475,000 | = |
| Credit institutions430/8 | €100,000 | €535,000 | €575,000 | €475,000 | €475,000 | = |
| Trade debts44 | €269,830 | €449,388 | €450,503 | €560,592 | €413,509 | ▼ 26.2% |
| Suppliers440/4 | €269,830 | €449,388 | €450,503 | €560,592 | €413,509 | ▼ 26.2% |
| Taxes, remuneration and social security45 | €41,330 | €62,095 | €28,189 | €32,950 | €29,913 | ▼ 9.2% |
| Taxes450/3 | €24,201 | €51,911 | €8,359 | €10,935 | €11,042 | ▲ 1.0% |
| Remuneration and social security454/9 | €17,129 | €10,184 | €19,830 | €22,015 | €18,871 | ▼ 14.3% |
| Other amounts payable47/48 | €1,475 | €44,078 | €44,078 | €244,351 | €240,000 | ▼ 1.8% |
| Accrued charges and deferred income492/3 | €338,176 | €105,376 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €65,331 | €74,557 | €78,020 | €22,749 | -€203,723 | ▼ 996% |
| + Depreciation and write-downs630 | €46,816 | €53,309 | €58,663 | €62,072 | €88,943 | ▲ 43.3% |
| Operating cash flow (approximation) | €112,146 | €127,866 | €136,683 | €84,822 | -€114,780 | ▼ 235% |
| Investment in fixed assets (approximation) | - | -€42,410 | -€24,766 | -€902,004 | -€74,881 | ▲ 91.7% |
| Change in cash | - | -€329,737 | €32,366 | -€26,370 | -€52,664 | ▼ 99.7% |
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
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€203,723
Net result drops to -€203,723, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200,000Eq €236,776 ▲46%
3 profitable years in a row build equity to €236,776.
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.81
Current ratio from 0.86 to 1.81.
31-12
Financial
Equity above €150,000Eq €162,219 ▲67.4%
2 profitable years in a row build equity to €162,219.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
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, Temse · 1 establishment unit since 2019
Ground area
3,952 m²
Building footprint
1,933 m²
Volume, LiDAR
9,508 m³
Parcel 46025B0546/00D000, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DERAM SYSTEMS
since 20192.285.175.092
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0546/00D000 | Flanders | 3,952 m² | 1 · 1,933 m² | 8.2 m · 1 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 20,026 companies in sector 43320 we hold annual accounts for 9,139. 7,678 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
Founded05-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
22240Manufacture of rubber and plastic products
63920Other information service activities
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719828387
Also
9925:BE0719828387
Registered
28-08-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.