Financials
- Financial year
- 2024
- Total assets
- €1.2m
- Loss
- -€121,381
- Solvency
- 27.6%
Total assets▼ 12.3%
Net result
20182024
DERUYTTER M.
ActiveSummary
The computed 12-month bankruptcy probability of DERUYTTER M. is 14.6% (high). The 2024 annual accounts show equity of €320,566 and a net result of -€121,381. Equity is shrinking by about 23% per year across the filed financial years. Its solvency ranks better than 36% of 344 sector peers (NACE 35, financial year 2025). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Production of electricity from non-renewable sources
NACE 35110
Size
€1.2mtotal assets 2024
- Equity
- €320,566
- Loss
- -€121,381
Turnover not published (abbreviated or micro format)
Structure
Accounts 78 days overdue0 of 1 deed read
Why 28raises risk1 financial year not filed after the legal deadline; latest accounts 410 days late; 3 of the last 3 lateLiquidity: current ratio 0.00, cash €973, halvedNo registered site in the KBOEx-officio strike-off in the KBOShow the evidence
Checked score
Score 2024
28
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 24% of its sector peers (NACE 35, micro)
Financial strength · tick = 2023
Weak
Solvency
53-5
equity 27.6% of total assets
Liquidity
11-4
short-term debt 72.4% · cash 0.1%
Profitability
11-53
return on assets -10.4%
Bankruptcy probability, 12 months
14.6%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 12.5%lowest value
12-2024: 14.2%▲ +1.7 percentage points vs 11-2024
01-2025: 19.2%▲ +5.0 percentage points vs 12-2024
02-2025: 19.2%● unchanged vs 01-2025
03-2025: 19.4%▲ +0.2 percentage points vs 02-2025
04-2025: 18.1%▼ -1.3 percentage points vs 03-2025
05-2025: 18.1%● unchanged vs 04-2025
06-2025: 18.1%● unchanged vs 05-2025
07-2025: 18.1%● unchanged vs 06-2025
08-2025: 22.3%▲ +4.2 percentage points vs 07-2025highest value
09-2025: 22.3%● unchanged vs 08-2025highest value
10-2025: 22.3%● unchanged vs 09-2025highest value
11-2025: 22.3%● unchanged vs 10-2025highest value
12-2025: 22.3%● unchanged vs 11-2025highest value
01-2026: 22.3%● unchanged vs 12-2025highest value
02-2026: 22.3%● unchanged vs 01-2026highest value
03-2026: 22.3%● unchanged vs 02-2026highest value
04-2026: 22.3%● unchanged vs 03-2026highest value
05-2026: 22.3%● unchanged vs 04-2026highest value
06-2026: 20.9%▼ -1.4 percentage points vs 05-2026
07-2026: 20.9%● unchanged vs 06-2026
08-2026: 19.7%▼ -1.2 percentage points vs 07-2026
09-2026: 19.7%● unchanged vs 08-2026
10-2026: 14.6%▼ -5.1 percentage points vs 09-2026
Credit of up to €8,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.0, compared with 0.01 in 2023, below 1; short-term debt: 72.4% and cash: 0.1% of total assets), and 72.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 35, micro): better than 42% on solvency, 9% on liquidity, 23% on profitability and 23% on growth.
The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Eight signals.
raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€121,381
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-09-2026, 410 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
410 days late
2023
775 days late
2022
304 days late
2021
669 days late
2020
25 days late
2019
48 days late
← 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 372 days after the deadline; the sector median (NACE 35) for financial year 2024 is 22 days before the deadline, and 27% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
- Annual accounts filedfinancial year 2022 · micro…
Key points
- Risk: 7 loss-making years in a rowloss financial year 2024 -€121,381 View
- Caution: Result fell in 2024from -€54,940 to -€121,381 ▼ 121% View
- Caution: Among the weakest 13% on net resultsector median €18,489 · 344 companies -€129,820 View
- Caution: Accounts not fileddeadline was 31-07-2026 78 days late View
By topic
Timeline
- Events
- 38
- Since
- 1989
- 30-05-2024Annual accounts filed
- 28-05-2024UBO non-compliance
- 25-08-2021Annual accounts filed
Company details
- Legal form
- Private limited company (pre-2019)
- Activity
- Production of electricity from non-renewable sourcesNACE 35110
- Founded
- 01-07-1988
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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