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DESCOM CONSTRUCT

Active Private limited company (pre-2019)founded 2014active for 12 yearsKasteelstraat 84, 8400 OstendKBO/BCE: BE 0560.853.505

Overview

Lifetime

11 annual accounts with figures on one time axis
peak €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 accounts

Equity

€38,039 from €134,218 in 2017

Equity fell by 72% in 8 years.

Losses

-€96,143 in four years
-5,5132022-51,7062023-25,9362024-12,9872025

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 strength
Strong

100+56equity 97.1% of total assets
100+91short-term debt 0.3% · cash 99.6%
0-14return on assets -33.2%

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
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

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.

The companies in ten equal groups, from the lowest to the highest expected share
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
lowers risk · Liquidity: current ratio 305.99, cash €39,006
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Loss of €12,987, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
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 2025
Net 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 filings
Deviation 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 months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DH
Despodt Hannes
Director, since 28-08-2014
Board & ownership

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
All 19 events

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
Company details

Annual accounts 2025

-€11,719▲ 52.5%
€12,987▼ 49.9%
€38,039▼ 25.5%
€39,167▼ 85.5%
Filing
Filed on 31-08-2026
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 31-08-2026, 31 days late
-€11,719
▲ €12,975
-€12,255
▲ €12,952
-€12,987
▲ €12,949
€39,039
▼ 25.0%
97.1%
▲ 78.3 percentage points
-

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €39,167 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

97.1%

Higher than 95% of 9,462 companies in 2025.

-

Higher than 34% of 9,553 companies in 2024.

-33.2%

Higher than 5% of 9,282 companies in 2025.

DESCOM CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015
Balance sheet: assets
20/58 39,167270,531333,743539,521428,188419,030405,066351,531383,500382,460232,729
21/28 ------8701,7402,6103,480-
22/27 ------8701,7402,6103,480-
23 ------8701,7402,6103,480-
29/58 39,167270,531333,743539,521428,188419,030404,196349,791380,890378,980232,729
3 ----79,8608,190160,000335,000331,000130,262126,877
30/36 ----5,4608,190-----
37 ----74,400-160,000335,000331,000130,262126,877
40/41 160262,748252,83284,062347,727208,542194,56169032,0623,6652,481
40 08,712-70,057211,6211,95010,050-28,500726-
41 160254,036252,83214,005136,106206,592184,5116903,5622,9392,481
54/58 39,0067,78380,911455,460602202,29949,63514,10117,828245,053103,372
Balance sheet: equity and liabilities
10/49 39,167270,531333,743539,521428,188419,030405,066351,531383,500382,460232,729
10/15 38,03951,02576,962128,668134,181108,642124,144133,277134,218133,340127,948
10/11 125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000
100 ------125,000125,000125,000125,000125,000
13 9,1509,1509,1509,1509,1509,1509,1509,1509,1508,2852,910
130/1 -9,1509,1509,1509,1509,150-----
130 ------9,1509,1509,1508,2852,910
1311 -9,1509,1509,1509,1509,150-----
133 9,150----------
14 -96,111-83,125-57,189-5,48231-25,508-10,006-873685538
17/49 1,128219,505256,782410,853294,007310,388280,923218,254249,283249,120104,781
17 ----------50,000
170/4 ----------50,000
42/48 128218,505255,782409,853293,207309,588280,123217,504246,780238,29652,204
44 1281,8136228,72434,47814,61612,692872,8745333,623
440/4 1281,8136228,72434,47814,61612,692872,8745333,623
46 ---62,830-------
45 -06989,5284,03732,542--8744,7239,311
450/3 -06989,5284,03732,542--8744,7239,311
47/48 0216,692255,022308,771254,692262,431267,431217,417243,819193,04039,270
492/3 1,0001,0001,0001,0008008008007502,50310,8242,577
Income statement
9900 -11,719-24,694-49,0781,68826,365-12,8003,0224697,11029,33714,651
630 -----870870870870870-
640/8 5365131,045-4591,30711,1974533,0666604,847
9901 -12,255-25,207-50,1231,68825,906-14,977-9,045-8533,17427,8079,804
75/76B -00--8-0016
75 -00--8-0016
65/66B 7327291,5837,20136753389872,21019,8796,571
65 7327291,5837,20136753389872,21019,8796,571
9903 -12,987-25,936-51,706-5,51325,539-15,501-9,134-9409647,9293,239
67/77 --------862,538291
9904 -12,987-25,936-51,706-5,51325,539-15,501-9,134-9408785,3912,948
9905 -12,987-25,936-51,706-5,51325,539-15,501-9,134-9408785,3912,948
Appropriation of the result
9906 -96,111-83,125-57,189-5,48231-25,508-10,006-8739335,4302,948
14P -83,125-57,189-5,48231-25,508------
691/2 --------8655,3752,910
6920 --------8655,3752,910
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00495644.

Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00495644 PDF
31-12-2024 micro format 28-08-2025 2025-00444784 PDF
31-12-2023 micro format 30-08-2024 2024-00434680 PDF
31-12-2022 micro format 16-08-2023 2023-00335864 PDF
31-12-2021 micro format 28-06-2022 2022-20130562 PDF
31-12-2020 micro format 31-08-2021 2021-60200521 PDF
31-12-2019 micro format 28-08-2020 2020-47300037 PDF
31-12-2018 micro format 28-08-2019 2019-55900562 PDF
31-12-2017 micro format 30-08-2018 2018-54300190 PDF
31-12-2016 micro format 24-08-2017 2017-46900059 PDF
31-12-2015 abbreviated format 30-08-2016 2016-50800185 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015
------14,107-8,175174,04428,677-
------14,631-8,264-701,7486,261-
-----00004,350-
31,224-73,128-374,549454,858-201,697152,66335,534-3,727-227,225141,681-
39,03952,02577,962129,668134,981109,442124,074132,287134,110140,684180,525
97.1%18.9%23.1%23.8%31.3%25.9%30.6%37.9%35.0%34.9%55.0%
-1.241.301.321.461.351.441.611.541.594.46
-1.241.301.321.191.330.870.070.201.042.03
0.034.303.343.192.192.862.261.641.861.870.82
-34.1%-50.8%-67.2%-4.3%19.0%-14.3%-7.4%-0.7%0.7%4.0%2.3%
-33.2%-9.6%-15.5%-1.0%6.0%-3.7%-2.3%-0.3%0.2%1.4%1.3%

A ratio outside any meaningful range has been withheld (balance sheet total €39,167, equity €38,039).

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on DESCOM CONSTRUCT

The operating result for 2025 is a loss of €12,255, smaller than the loss of €25,207 in 2024.

Debt's share of the balance-sheet total falls from 81.1% to 2.9%. Equity and debt are lower.

Board & ownership

Board

1 director
Despodt Hannes
Director
since 28-08-2014
listed in the 2025 annual accounts, filed on 31-08-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Despodt Hannes
Director
Board
Mandates as a list
  • Despodt Hannes
    • Director, from 28-08-2014 to date

See the board, name and registered office on a given date →

Control

Capital

Contribution
€125,000
Source
2025 annual accounts

Network & group

No group

DESCOM CONSTRUCT has no parent and no holdings in its annual accounts. Despodt Hannes is the only director. DESCOM CONSTRUCT shares no director with another company.

Timeline

Timeline

19 events since 2014

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Liquidity more than 247 times current ratio 305.99 The current ratio rises from 1.24 to 305.99. Short-term debt falls from €218,505 to €128.
Annual accounts 2024 filed PDFmicro format · 28 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0560853505
2024
Annual accounts 2023 filed PDFmicro format · 30 days late
2023
Weakest financial year net -€51,706 The net result drops to -€51,706, the lowest from 2015 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 16 days late
2022
Annual accounts 2021 filed PDFmicro format · 33 days before the deadline
Environmental permit granted OmgevingsloketBouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies · Middelkerke
2021
Back to profit net €25,539 The net result is €25,539, after 3 loss-making years.
Annual accounts 2020 filed PDFmicro format · 31 days late
2020
Environmental permit granted OmgevingsloketBouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies · Middelkerke
Annual accounts 2019 filed PDFmicro format · 28 days late
2019
Annual accounts 2018 filed PDFmicro format · 28 days late
2018
Annual accounts 2017 filed PDFmicro format · 30 days late
2017
Annual accounts 2016 filed PDFmicro format · 24 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 30 days late
2014
Incorporation PDFpublished on 03-09-2014
First establishment Descom, Vaartdijk-Noord 54, Middelkerke

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

DESCOM CONSTRUCT was incorporated on 1 September 2014.1 Total assets fell from €351,531 in 2018 to €39,167 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0560.853.505
VAT number
BE 0560.853.505
Peppol ID
0208:0560853505
Other Peppol ID
9925:BE0560853505
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
01-09-2014
Financial year
ends on 31 December
Peppol
Reachable since 15-02-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DESCOM CONSTRUCT in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41201 General construction of buildings main activity
41101 Real estate development
68100 Real estate activities

Registered office and establishments

1 establishment
Establishment Since Unit number
Kasteelstraat 84 registered office 8400 Ostend
Descom Vaartdijk-Noord 54, 8432 Middelkerke 68121 Development of residential building projects 01-09-2014 2.234.372.630

Buildings and parcels at the addresses

Ground area
4,185 m²
Buildings
750 m²
Volume, LiDAR
2,752 m³
Tallest building
16.7 m
Buildings to scale, each on its own parcel
505 m², 16.7 m 245 m², 5.3 m 505 m², 16.7 m 245 m², 5.3 m

Environmental permits

2 applications in Flanders since 2020 · 2 granted
01-03-2022 Granted Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Slopen van niet vrijstaande gebouwen of constructies submitted 09-11-2021 · project 2021166507 Middelkerke
01-12-2020 Granted Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Slopen van niet vrijstaande gebouwen of constructies submitted 20-07-2020 · project 2020088137 Middelkerke

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
35008B0982/00A0003,613 m² 1 · 245 m² 5.3 m
35026B0222/00N000572 m² 1 · 505 m² 16.7 m · 1

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0560.853.505