DERITO QUALITY
ActiveDERITO QUALITY has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €553k and a net result of €24k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 48% of 7778 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71=
Solvency67▲+4
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.56 in 2024; short-term debt: 53.1% and cash: 29.5% of total assets), but 57.9% 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 43
Relative position
BE, all sectors
reference
Sector 43
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
42.1%
Return on assets
1.8%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
11 d late
2023
34 d early
2022
28 d late
2021
18 d late
2020
4 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€553k▲ 0.6%
2024 · €549k
2019: €550k
2020: €540k
2021: €562k
2022: €543k
2023: €545k
2024: €549k
2019 → 2025
Total assets
€1.31M▼ 9.9%
2024 · €1.46M
2019: €1.19M
2020: €1.40M
2021: €1.26M
2022: €1.88M
2023: €1.59M
2024: €1.46M
2019 → 2025
Net result
€24k▼ 1.4%
2024 · €24k
2019: €13k
2020: €-10k
2021: €22k
2022: €-18k
2023: €2k
2024: €24k
2019 → 2025
Working capital
€474k▲ 4.8%
2024 · €452k
2019: €543k
2020: €531k
2021: €530k
2022: €1.01M
2023: €991k
2024: €452k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€562k-€543k▼ 3.3%€545k▲ 0.4%€549k▲ 0.7%€553k▲ 0.6%
Operating result€25k-€-15k€10k€22k▲ 120%€36k▲ 64.9%
Net result€22k-€-18k€2k€24k▲ 973%€24k▼ 1.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 65% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.31M
Fixed assets
€143k▼ 30.7%
Current assets
€1.17M▼ 6.5%
Equity and liabilities €1.31M
Equity
€553k▲ 0.6%
Debt
€761k▼ 16.3%
The debt ratio falls from 62.3% to 57.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€106k▲
2024 · €76k
Cash flow
€94k▲
2024 · €79k
Solvency
42.1%▲
2024 · 37.7%
Current ratio
1.68▲
2024 · 1.56
Quick ratio
1.55▲
2024 · 1.22
Debt / equity
1.38▼
2024 · 1.66
ROE
4.3%▼
2024 · 4.4%
ROA
1.8%▲
2024 · 1.6%
Interest coverage
21.13▲
2024 · 10.82
Debt
€761k▼
2024 · €909k
Debt ≤ 1 year
€697k▼
2024 · €800k
Debt > 1 year
€64k▼
2024 · €109k
Income taxes
€12k▲
2024 · €9k
Staff costs
€1.44M▼
2024 · €1.45M
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€1.46M€1.31M▼
Fixed assets21/28€207k€143k▼
Tangible fixed assets22/27€207k€143k▼
Plant, machinery and equipment23€64k€37k▼
Furniture and vehicles24€32k€21k▼
Other tangible fixed assets26€111k€85k▼
Current assets29/58€1.25M€1.17M▼
Stocks and contracts in progress3€276k€91k▼
Stocks30/36€201k€91k▼
Contracts in progress37€75k-
Amounts receivable within one year40/41€643k€693k▲
Trade receivables40€410k€452k▲
Other amounts receivable41€233k€241k▲
Cash at bank and in hand54/58€333k€387k▲
Equity and liabilities
Total equity and liabilities10/49€1.46M€1.31M▼
Equity10/15€549k€553k▲
Contributions10/11€247k€247k=
Reserves13€30k€30k=
Tax-exempt reserves132€8k€8k=
Distributable reserves133€22k€22k=
Profit (loss) carried forward14€272k€276k▲
Amounts payable17/49€909k€761k▼
Amounts payable after more than one year17€109k€64k▼
Financial debts170/4€109k€64k▼
Amounts payable within one year42/48€800k€697k▼
Financial debts43€40k€45k▲
Credit institutions430/8€40k€45k▲
Trade debts44€652k€522k▼
Suppliers440/4€652k€522k▼
Taxes, remuneration and social security45€108k€110k▲
Taxes450/3€10k€11k▲
Remuneration and social security454/9€98k€100k▲
Other amounts payable47/48-€20k
Income statement
Code20242025
Remuneration, social security and pensions62€1.45M€1.44M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€70k▲
Other operating charges640/8€15k€7k▼
Gross operating margin9900€1.54M€1.56M▲
Operating profit (loss)9901€22k€36k▲
Financial income75/76B€19k€5k▼
Recurring financial income75€1k€2k▲
Non-recurring financial income76B€17k€2k▼
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€33k€35k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€24k€24k▼
Profit (loss) for the period to be appropriated9905€24k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€292k€296k▲
Profit (loss) brought forward from the previous period14P€268k€272k▲
Profit to be distributed694/7€20k€20k=
Directors or managers695€20k€20k=
Social balance
Average headcount (FTE)908723.021.2▼
The notes to these accounts (8 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
05-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
30-06
Financial
Highest result since 2019net €24k ▲973%
Net result €24k, the highest in the series.
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
30-06
Financial
Weakest financial yearnet €-18k ▼185%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
18-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
30-06
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2016
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Geraardsbergen · 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.
Hasseltkouter(Oph) 579500 GeraardsbergenGround area
8,774 m²
Building footprint
5,039 m²
Volume, LiDAR
31,261 m³
Parcel 41053B0253/00C000, Flanders · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DERITO
since 20022.114.749.260
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41053B0253/00C000 | Flanders | 8,773 m² | 1 · 5,039 m² | 12.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 9,137. 5,755 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2002
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
45211
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.