DESIGNED
ActiveSummary
DESIGNED has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €53,743 and a net result of €32,810. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 1938 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability89▼-11
Solvency51▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.46 in 2023; short-term debt: 74.1% and cash: 1.8% of total assets), and 74.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
25.9%
Return on assets
15.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
14 d late
2022
63 d late
2021
61 d late
2020
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€53,743▲ 157%
2023 · €20,933
Total assets
€207,480▲ 212%
2023 · €66,494
Net result
€32,810▼ 34.0%
2023 · €49,704
Working capital
€16,572▼ 20.2%
2023 · €20,759
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€23,512--€6,503▲ 72.3%-€3,250▲ 50.0%€49,273€52,268▲ 6.1%
Net result-€23,834--€6,710▲ 71.8%-€3,227▲ 51.9%€49,704€32,810▼ 34.0%
Equity-€18,834--€25,545▼ 35.6%-€28,771▼ 12.6%€20,933€53,743▲ 157%
Total assets€1,164-€2,225▲ 91.2%€661▼ 70.3%€66,494▲ 9,962%€207,480▲ 212%
Debt€19,998-€27,770▲ 38.9%€29,432▲ 6.0%€45,561▲ 54.8%€153,737▲ 237%
Working capital-€19,667--€26,158▼ 33.0%-€29,165▼ 11.5%€20,759€16,572▼ 20.2%
Staff (FTE)1-0.4
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 6% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €207,480
Fixed assets
€37,171
Current assets
€170,309
Equity and liabilities €207,480
Equity
€53,743 ▲ 157%
Debt
€153,737 ▲ 237%
Debt's share of the balance-sheet total rises from 68.5% to 74.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€58,310▲
2023 · €49,492
Cash flow
€38,852▼
2023 · €49,924
Current ratio
1.11▼
2023 · 1.46
Quick ratio
0.76▲
2023 · 0.43
Debt to equity
2.86▲
2023 · 2.18
ROE
61.1%▼
2023 · 237.4%
ROA
15.8%▼
2023 · 74.7%
Interest coverage
64.74▼
2023 · 111.70
Debt ≤ 1 year
€153,737▲
2023 · €45,561
Income taxes
€18,558
Staff costs
€20,747
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €448 | - | - | €20,747 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €266 | €220 | €220 | €220 | €6,042 | ▲ 2,649% |
| Other operating charges640/8 | - | €629 | €585 | €1,148 | €846 | ▼ 26.3% |
| Gross operating margin9900 | €8,351 | -€5,206 | -€2,445 | €50,640 | €79,904 | ▲ 57.8% |
| Operating profit (loss)9901 | -€23,512 | -€6,503 | -€3,250 | €49,273 | €52,268 | ▲ 6.1% |
| Financial income75/76B | - | - | €231 | €874 | €1 | ▼ 99.9% |
| Recurring financial income75 | - | - | €231 | €874 | €1 | ▼ 99.9% |
| Financial charges65/66B | - | €192 | €208 | €443 | €901 | ▲ 103% |
| Recurring financial charges65 | €266 | €192 | €208 | €443 | €901 | ▲ 103% |
| Profit (loss) for the period before taxes9903 | -€23,778 | -€6,696 | -€3,227 | €49,704 | €51,369 | ▲ 3.3% |
| Income taxes67/77 | €56 | €15 | - | - | €18,558 | - |
| Profit (loss) for the period9904 | -€23,834 | -€6,710 | -€3,227 | €49,704 | €32,810 | ▼ 34.0% |
| Profit (loss) for the period to be appropriated9905 | -€23,834 | -€6,710 | -€3,227 | €49,704 | €32,810 | ▼ 34.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1,164 | €2,225 | €661 | €66,494 | €207,480 | ▲ 212% |
| Formation expenses20 | €833 | €613 | €394 | €174 | €0 | ▼ 100% |
| Fixed assets21/28 | - | - | - | - | €37,171 | - |
| Intangible fixed assets21 | - | - | - | - | €2,334 | - |
| Tangible fixed assets22/27 | - | - | - | - | €34,837 | - |
| Plant, machinery and equipment23 | - | - | - | - | €14,422 | - |
| Furniture and vehicles24 | - | - | - | - | €20,415 | - |
| Current assets29/58 | €330 | €1,612 | €267 | €66,320 | €170,309 | ▲ 157% |
| Stocks and contracts in progress3 | - | - | - | €46,559 | €53,223 | ▲ 14.3% |
| Stocks30/36 | - | - | - | €12,000 | €22,085 | ▲ 84.0% |
| Contracts in progress37 | - | - | - | €34,559 | €31,138 | ▼ 9.9% |
| Amounts receivable within one year40/41 | €273 | €368 | €231 | €11,878 | €110,557 | ▲ 831% |
| Trade receivables40 | - | - | - | €11,494 | €32,483 | ▲ 183% |
| Other amounts receivable41 | - | €368 | €231 | €385 | €78,074 | ▲ 20,195% |
| Cash at bank and in hand54/58 | €58 | €1,244 | €36 | €7,883 | €3,777 | ▼ 52.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2,752 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1,164 | €2,225 | €661 | €66,494 | €207,480 | ▲ 212% |
| Equity10/15 | -€18,834 | -€25,545 | -€28,771 | €20,933 | €53,743 | ▲ 157% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€23,834 | -€30,545 | -€33,771 | €15,933 | €48,743 | ▲ 206% |
| Amounts payable17/49 | €19,998 | €27,770 | €29,432 | €45,561 | €153,737 | ▲ 237% |
| Amounts payable within one year42/48 | €19,998 | €27,770 | €29,432 | €45,561 | €153,737 | ▲ 237% |
| Trade debts44 | €7,727 | €12,623 | €8,739 | €30,585 | €64,629 | ▲ 111% |
| Suppliers440/4 | - | €12,623 | €8,739 | €30,585 | €64,629 | ▲ 111% |
| Taxes, remuneration and social security45 | - | €71 | - | - | €30,531 | - |
| Taxes450/3 | - | €71 | - | - | €26,697 | - |
| Remuneration and social security454/9 | - | - | - | - | €3,834 | - |
| Other amounts payable47/48 | - | €15,076 | €20,693 | €14,976 | €58,577 | ▲ 291% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€23,834 | -€6,710 | -€3,227 | €49,704 | €32,810 | ▼ 34.0% |
| + Depreciation and write-downs630 | €266 | €220 | €220 | €220 | €6,042 | ▲ 2,649% |
| Operating cash flow (approximation) | -€23,568 | -€6,491 | -€3,007 | €49,924 | €38,852 | ▼ 22.2% |
| Change in cash | - | €1,186 | -€1,208 | €7,847 | -€4,105 | ▼ 152% |
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
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 14 days late
2023
31-12
Financial
Back to profitnet €49,704
Net result €49,704 after 3 loss-making years.
31-12
Financial
Liquidity times 160current ratio 1.46
Current ratio from 0.01 to 1.46.
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 63 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Beringen · 1 establishment unit since 2019
Ground area
1,363 m²
Building footprint
301 m²
Volume, LiDAR
1,762 m³
Parcel 71004B0654/00Y000, Flanders · tallest building 12.0 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Lummenseweg 28, 3580 Beringen
since 20192.307.467.177
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71004B0654/00Y000 | Flanders | 1,363 m² | 1 · 301 m² | 12.0 m · 1 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.
Recognitions · licences · registrations
Recognised contractor
12 categoriesDESIGNED BV45660
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Of 3,924 companies in sector 71112 we hold annual accounts for 1,294. 1,088 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
Founded16-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
71112Activities of interior architects
74120Graphic design and visual communication
74140Other specialised design activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0736485366
Registered
24-11-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.