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DERYCO

Active
Private limited companyfounded 198046 yrs activeLutunweg(WAA) 10, 7784 Comines-Warneton, BelgiumKBO/BCE: BE 0420.269.623
Summary

The computed 12-month bankruptcy probability of DERYCO is 4.1% (elevated). The 2025 annual accounts show negative equity (-€372,743) and a net result of -€46,101. Equity is shrinking by ~61.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 8593 sector peers (fiscal year 2025). The company has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
DERYCOActiveChecked score 46/100
Risk analysis ReportCompare

Overview

What they do
Site preparation
NACE 43120NACE 92611
#3 oldest company in Comines-Warneton, Construction sector1 site
How big
€54,788total assets 2025
Equity
-€372,743
Loss
-€46,101
Financially healthy?
46 Fair Checked score 2025
Bankruptcy chance 12 m
4.1%
Who decides
Parent
DERYHOLD · 100%
Accounts 23 d early0 of 2 deeds read
Why 46- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 0.02, cash €0, halved- Loss of €46,101, the second in a row (FY 2025)+ Size: total assets €54,788Show the evidence

Checked score

Score 2025
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 7% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -680.3% of total assets
Liquidity 0-5
short-term debt 231.0% · cash 0.0%
Profitability 0=
return on assets -84.1%
Bankruptcy probability, 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (46,941 companies)
Last 24 months 11-2024: 4.1% 12-2024: 4.1%● 0.0% vs 11-2024 01-2025: 4.1%● 0.0% vs 12-2024 02-2025: 4.1%▼ -1.5% vs 01-2025 03-2025: 4.0%▼ -1.2% vs 02-2025 04-2025: 4.0%▼ -0.4% vs 03-2025 05-2025: 4.0%▲ +0.2% vs 04-2025 06-2025: 3.9%▼ -2.3% vs 05-2025 07-2025: 4.1%▲ +4.8% vs 06-2025 08-2025: 4.6%▲ +11.7% vs 07-2025highest value 09-2025: 4.6%▼ -0.2% vs 08-2025 10-2025: 3.1%▼ -31.5% vs 09-2025 11-2025: 3.1%● 0.0% vs 10-2025 12-2025: 3.1%● 0.0% vs 11-2025 01-2026: 3.1%▼ -0.9% vs 12-2025lowest value 02-2026: 3.6%▲ +16.1% vs 01-2026 03-2026: 3.6%● 0.0% vs 02-2026 04-2026: 3.6%● 0.0% vs 03-2026 05-2026: 3.6%▼ -1.1% vs 04-2026 06-2026: 3.5%▼ -0.7% vs 05-2026 07-2026: 3.8%▲ +7.6% vs 06-2026 08-2026: 4.1%▲ +6.8% vs 07-2026 09-2026: 4.1%● 0.0% vs 08-2026 10-2026: 4.1%● 0.0% vs 09-2026
  • Size: total assets €54,788 lowers the probability for this profile
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Liquidity: current ratio 0.02, cash €0, halved raises the probability
  • Loss of €46,101, the second in a row (FY 2025) raises the probability
No credit on open account
Liquidity short (current ratio 0.02 against 0.07 in 2024; short-term debt: 231% and cash: 0% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 3%, liquidity 1%, profitability 4%, growth against the median 21%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €54,788
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Liquidity: current ratio 0.02, cash €0, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €46,101, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€372,743
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
29 d late
2023
83 d late
2022
62 d early
2021
34 d early
2020
26 d late
2019
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 7 days after 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 8 July (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€372,743 View
  • Risk: 4 loss-making years in a rowloss fiscal year 2025 -€46,101 View
  • Caution: Among the weakest 5% on solvencysector median 44.2% · 8,593 companies -680.3% View
  • Positive: Result rose in 2025from -€105,431 to -€46,101 ▲ 56.3% View
  • Controlled by DERYHOLD 100% View
  • Active since 1980founded 22-02-1980 46 years View

By topic

Financials

Fiscal year
2025
Total assets
€54,788
Loss
-€46,101
Solvency
-680.3%
Total assets▼ 23.4%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 08-07-2026Annual accounts filed
  2. 29-08-2025Annual accounts filed
  3. 22-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Site preparationNACE 43120
Founded
22-02-1980
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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