Deroo Svin
ActiveSummary
Deroo Svin has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79k and a net result of €13k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 47% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+5
Solvency66▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.47 in 2024; short-term debt: 42% and cash: 0% of total assets), and 58.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
41.3%
Return on assets
6.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
2 d late
2022
2 d late
2021
91 d late
2020
on the day
2019
13 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€79k▲ 19.7%
2024 · €66k
2018: €21klowest in 8 years
2019: €30k▲ +39.6% vs 2018
2020: €50k▲ +68.2% vs 2019
2021: €52k▲ +4.8% vs 2020
2022: €54k▲ +4.1% vs 2021
2023: €59k▲ +8.3% vs 2022
2024: €66k▲ +12.3% vs 2023
2025: €79k▲ +19.7% vs 2024highest in 8 years
2018 → 2025
Total assets
€192k▼ 22.0%
2024 · €246k
2018: €162klowest in 8 years
2019: €266k▲ +63.8% vs 2018
2020: €256k▼ -3.5% vs 2019
2021: €277k▲ +7.8% vs 2020highest in 8 years
2022: €275k▼ -0.6% vs 2021
2023: €253k▼ -8.1% vs 2022
2024: €246k▼ -2.6% vs 2023
2025: €192k▼ -22.0% vs 2024
2018 → 2025
Net result
€13k▲ 79.4%
2024 · €7k
2018: €7k
2019: €8k▲ +28.1% vs 2018
2020: €20k▲ +140% vs 2019highest in 8 years
2021: €2k▼ -88.3% vs 2020
2022: €2k▼ -9.9% vs 2021lowest in 8 years
2023: €5k▲ +110% vs 2022
2024: €7k▲ +61.0% vs 2023
2025: €13k▲ +79.4% vs 2024
2018 → 2025
Working capital
€-50k▲ 27.6%
2024 · €-69k
2018: €-27khighest in 8 years
2019: €-86k▼ -218% vs 2018lowest in 8 years
2020: €-72k▲ +16.8% vs 2019
2021: €-82k▼ -15.0% vs 2020
2022: €-81k▲ +1.6% vs 2021
2023: €-70k▲ +13.5% vs 2022
2024: €-69k▲ +0.8% vs 2023
2025: €-50k▲ +27.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€54k▲ 4.1%€59k▲ 8.3%€66k▲ 12.3%€79k▲ 19.7%
2021: €52klowest in 5 years
2022: €54k▲ +4.1% vs 2021
2023: €59k▲ +8.3% vs 2022
2024: €66k▲ +12.3% vs 2023
2025: €79k▲ +19.7% vs 2024highest in 5 years
Operating result€6k-€6k▼ 9.9%€10k▲ 74.6%€12k▲ 28.8%€22k▲ 75.8%
2021: €6k
2022: €6k▼ -9.9% vs 2021lowest in 5 years
2023: €10k▲ +74.6% vs 2022
2024: €12k▲ +28.8% vs 2023
2025: €22k▲ +75.8% vs 2024highest in 5 years
Net result€2k-€2k▼ 9.9%€5k▲ 110%€7k▲ 61.0%€13k▲ 79.4%
2021: €2k
2022: €2k▼ -9.9% vs 2021lowest in 5 years
2023: €5k▲ +110% vs 2022
2024: €7k▲ +61.0% vs 2023
2025: €13k▲ +79.4% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro 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 76% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €192k
Fixed assets
€162k ▼ 12.9%
Current assets
€30k ▼ 49.7%
Equity and liabilities €192k
Equity
€79k ▲ 19.7%
Debt
€113k ▼ 37.3%
Debt's share of the balance-sheet total falls from 73.1% to 58.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▲
2024 · €32k
Cash flow
€26k▼
2024 · €27k
Current ratio
0.38▼
2024 · 0.47
Debt to equity
1.42▼
2024 · 2.71
ROE
16.4%▲
2024 · 11.0%
ROA
6.8%▲
2024 · 3.0%
Interest coverage
10.83▼
2024 · 20.54
Debt ≤ 1 year
€81k▼
2024 · €130k
Debt > 1 year
€32k▼
2024 · €50k
Income taxes
€6k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€246k€192k▼
Fixed assets21/28€186k€162k▼
Tangible fixed assets22/27€186k€162k▼
Land and buildings22€159k€153k▼
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€15k€218▼
Other tangible fixed assets26€711€395▼
Current assets29/58€60k€30k▼
Amounts receivable within one year40/41€15k€30k▲
Trade receivables40€3k€27k▲
Other amounts receivable41€12k€3k▼
Cash at bank and in hand54/58€39k€14▼
Deferred charges and accrued income490/1€7k€0▼
Equity and liabilities
Total equity and liabilities10/49€246k€192k▼
Equity10/15€66k€79k▲
Contributions10/11€12k€12k=
Reserves13€54k€67k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€4k€4k=
Distributable reserves133€49k€62k▲
Amounts payable17/49€180k€113k▼
Amounts payable after more than one year17€50k€32k▼
Financial debts170/4€50k€32k▼
Amounts payable within one year42/48€130k€81k▼
Current portion of amounts payable after more than one year42€36k€23k▼
Trade debts44€6k€10k▲
Suppliers440/4€6k€10k▲
Advances received on contracts in progress46€2k€2k=
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€7k€6k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€78k€40k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€13k▼
Other operating charges640/8€2k€7k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€34k€42k▲
Operating profit (loss)9901€12k€22k▲
Financial income75/76B€17€418▲
Recurring financial income75€17€418▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€11k€19k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€7k€13k▲
Profit (loss) for the period to be appropriated9905€7k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€13k▲
Transfer to equity691/2€7k€13k▲
To other reserves6921€7k€13k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €385 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €24k | €14k | €19k | €13k | ▼ 31.8% |
| Other operating charges640/8 | €2k | €6k | €6k | €2k | €7k | ▲ 191% |
| Non-recurring operating charges66A | €8k | €19k | €8k | €0 | - | - |
| Gross operating margin9900 | €41k | €54k | €38k | €34k | €42k | ▲ 22.7% |
| Operating profit (loss)9901 | €6k | €6k | €10k | €12k | €22k | ▲ 75.8% |
| Financial income75/76B | €0 | €0 | €3 | €17 | €418 | ▲ 2,390% |
| Recurring financial income75 | €0 | €0 | €3 | €17 | €418 | ▲ 2,390% |
| Financial charges65/66B | €3k | €2k | €2k | €2k | €3k | ▲ 109% |
| Recurring financial charges65 | €3k | €2k | €2k | €2k | €3k | ▲ 109% |
| Profit (loss) for the period before taxes9903 | €3k | €3k | €7k | €11k | €19k | ▲ 74.7% |
| Income taxes67/77 | €397 | €891 | €3k | €4k | €6k | ▲ 65.1% |
| Profit (loss) for the period9904 | €2k | €2k | €5k | €7k | €13k | ▲ 79.4% |
| Profit (loss) for the period to be appropriated9905 | €2k | €2k | €5k | €7k | €13k | ▲ 79.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €277k | €275k | €253k | €246k | €192k | ▼ 22.0% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €217k | €206k | €195k | €186k | €162k | ▼ 12.9% |
| Tangible fixed assets22/27 | €217k | €206k | €195k | €186k | €162k | ▼ 12.9% |
| Land and buildings22 | €182k | €172k | €169k | €159k | €153k | ▼ 4.1% |
| Plant, machinery and equipment23 | €4k | €3k | €2k | €11k | €8k | ▼ 25.5% |
| Furniture and vehicles24 | €6k | €13k | €22k | €15k | €218 | ▼ 98.5% |
| Leasing and similar rights25 | €24k | €16k | €0 | - | - | - |
| Other tangible fixed assets26 | €2k | €1k | €1k | €711 | €395 | ▼ 44.4% |
| Current assets29/58 | €60k | €69k | €58k | €60k | €30k | ▼ 49.7% |
| Amounts receivable within one year40/41 | €24k | €10k | €8k | €15k | €30k | ▲ 101% |
| Trade receivables40 | €13k | €7k | €3k | €3k | €27k | ▲ 911% |
| Other amounts receivable41 | €11k | €3k | €5k | €12k | €3k | ▼ 76.3% |
| Cash at bank and in hand54/58 | €26k | €49k | €32k | €39k | €14 | ▼ 100.0% |
| Deferred charges and accrued income490/1 | €10k | €9k | €17k | €7k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €277k | €275k | €253k | €246k | €192k | ▼ 22.0% |
| Equity10/15 | €52k | €54k | €59k | €66k | €79k | ▲ 19.7% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €40k | €42k | €47k | €54k | €67k | ▲ 24.2% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | €4k | €4k | €4k | €4k | €4k | = |
| Distributable reserves133 | €34k | €36k | €41k | €49k | €62k | ▲ 26.4% |
| Amounts payable17/49 | €224k | €221k | €194k | €180k | €113k | ▼ 37.3% |
| Amounts payable after more than one year17 | €82k | €71k | €63k | €50k | €32k | ▼ 35.8% |
| Financial debts170/4 | €82k | €71k | €63k | €50k | €32k | ▼ 35.8% |
| Amounts payable within one year42/48 | €142k | €150k | €128k | €130k | €81k | ▼ 37.9% |
| Current portion of amounts payable after more than one year42 | €35k | €43k | €30k | €36k | €23k | ▼ 36.6% |
| Trade debts44 | €80k | €36k | €12k | €6k | €10k | ▲ 53.2% |
| Suppliers440/4 | €80k | €36k | €12k | €6k | €10k | ▲ 53.2% |
| Advances received on contracts in progress46 | €25k | €20k | €0 | €2k | €2k | = |
| Taxes, remuneration and social security45 | €2k | €3k | €5k | €7k | €6k | ▼ 12.1% |
| Taxes450/3 | €2k | €3k | €5k | €7k | €6k | ▼ 12.1% |
| Remuneration and social security454/9 | €160 | €0 | €540 | €0 | - | - |
| Other amounts payable47/48 | €0 | €48k | €80k | €78k | €40k | ▼ 48.9% |
| Accrued charges and deferred income492/3 | - | - | €2k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €2k | €5k | €7k | €13k | ▲ 79.4% |
| + Depreciation and write-downs630 | €24k | €24k | €14k | €19k | €13k | ▼ 31.8% |
| Operating cash flow (approximation) | €27k | €26k | €19k | €27k | €26k | ▼ 1.4% |
| Investment in fixed assets (approximation) | - | €-14k | €-2k | €-11k | €11k | ▲ 203% |
| Change in cash | - | €24k | €-17k | €6k | €-39k | ▼ 709% |
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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-09
Financial
Weakest financial yearnet €2k ▼9.9%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 91 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €20k ▲140%
Operating result €24k, net result €20k, both a record.
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Poperinge · 1 establishment unit since 2016
Ground area
323 m²
Building footprint
82 m²
Volume, LiDAR
470 m³
Parcel 33021F0855/00H003, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Deroo Svin
since 20162.254.798.454
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33021F0855/00H003 | Flanders | 323 m² | 1 · 82 m² | 9.7 m · 2 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 7,041 companies in sector 43221 we hold annual accounts for 3,473. 3,056 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
Founded27-04-2016
Fiscal year end30-09
Activities, NACEBEL 2025
43221Plumbing work
43211General electrical installation work
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.