Equity
€38,039 from €134,218 in 2017
Equity fell by 72% in 8 years.
DESCOM CONSTRUCT
Lifetime
11 annual accounts with figures on one time axispeak €29,337 (2016)
-€11,719▲ €12,975
lowest -€51,706 (2023)
-€12,987▲ €12,949
peak €134,218 (2017)
€38,039▼ 25.5%
€1,128▼ 99.5%
Board1 name since 2014
1 directorDespodt Hannes
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€24,694 to -€11,719Loss of €12,987Equity from €51,025 to €38,039Debts from €219,505 to €1,128Cash from €7,783 to €39,006
Key points
from the 2025 annual accountsLosses
-€96,143 in four years
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
Position in the sector
-€12,987
Lower net result than 88% of companies in construction of buildings. Sector median €8,554 · 9,452 companies.
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
84
Excellent
Financially stronger than 53% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 0.9%▼ -0.1 percentage points vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 1.0%▲ +0.1 percentage points vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.1%▲ +0.1 percentage points vs 06-2025
08-2025: 1.4%▲ +0.3 percentage points vs 07-2025
09-2025: 1.8%▲ +0.4 percentage points vs 08-2025
10-2025: 1.8%● unchanged vs 09-2025
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.7%▼ -0.1 percentage points vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.7%● unchanged vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.8%▲ +0.1 percentage points vs 03-2026
05-2026: 1.7%▼ -0.1 percentage points vs 04-2026
06-2026: 1.4%▼ -0.3 percentage points vs 05-2026
07-2026: 1.5%▲ +0.1 percentage points vs 06-2026
08-2026: 2.1%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 0.4%▼ -1.7 percentage points vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Loss of €12,987, the second in a row (financial year 2025)
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 305.99, cash €39,006
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 92% of them on solvency, 99% on liquidity, 5% on profitability and 17% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,805 companies had the same profile as DESCOM CONSTRUCT has now. Each dot stands for 13 companies, two years later.
88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DESCOM CONSTRUCT itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,805 companies, not a prediction for DESCOM CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Short-term debt is 0.3% and cash 99.6% of total assets. 2.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€12,987
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
28 days late
2023
30 days late
2022
16 days late
2021
33 days early
2020
31 days late
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0560853505
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies · Middelkerke
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies · Middelkerke
Incorporation
published on 03-09-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DESCOM CONSTRUCT Ostend | €39,167 | -€11,719 | 97.1% | - |
| PV-Sol Menen | €43,110 | €117 | -646.1% | - |
| Arbepo Brecht | €39,184 | -€4,366 | -12.2% | - |
| Tony THISE et Fils Trooz | €37,989 | -€8,928 | -215.7% | - |
| DAVENCO Overijse | €41,511 | €324 | 80.9% | - |
| Tomassetti Construction Grâce-Hollogne | €37,986 | -€2,868 | 16.8% | - |
| E.R.C. Jodoigne | €35,457 | -€5,559 | -199.3% | - |
These companies have the same main activity as DESCOM CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €35,500 and €43,100, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 01-09-2014Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 2 others
- Establishment unit
- 2.234.372.6308432 Middelkerke, since 01-09-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 15-02-2025
Insights on DESCOM CONSTRUCT
DESCOM CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €14,651 in 2015 to -€11,719 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DESCOM CONSTRUCT
- What is the company number of DESCOM CONSTRUCT?
- The company number of DESCOM CONSTRUCT is 0560.853.505. The VAT number is the same number with BE in front: BE 0560.853.505.
- Where is DESCOM CONSTRUCT based?
- The registered office is at Kasteelstraat 84, 8400 Ostend.Company details
- What does DESCOM CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of DESCOM CONSTRUCT?
- DESCOM CONSTRUCT is a private limited company (pre-2019) (BVBA).
- When was DESCOM CONSTRUCT founded?
- DESCOM CONSTRUCT was founded on 01-09-2014.
- Is DESCOM CONSTRUCT still active?
- Yes, DESCOM CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of DESCOM CONSTRUCT?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is DESCOM CONSTRUCT profitable?
- In financial year 2025, DESCOM CONSTRUCT made a loss of €12,987.
- Where can I find the annual accounts of DESCOM CONSTRUCT?
- DESCOM CONSTRUCT filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DESCOM CONSTRUCT due?
- DESCOM CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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