Debts
Debts rose by €108,176 in 2024.
Debts rose by €108,176 in 2024.
Green is investment, beige is depreciation.
2025 accounts not filed: deadline was 31-07-2026.
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 71, micro). It does better than 27% of them on solvency, 6% on liquidity, 62% on profitability and 94% 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 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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).
In July 2024, 6,713 companies had the same profile as DESIGNED has now. Each dot stands for 17 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DESIGNED itself is higher: 4.2% within 12 months. It rests on far more data about DESIGNED than the profile alone.
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 6,713 companies, not a prediction for DESIGNED. 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.
Liquidity is tight, with a current ratio of 1.11 (1.46 in 2023), below the usual 1.5. Short-term debt is 74.1% and cash 1.8% of total assets. 74.1% of the assets are financed with debt and provisions.
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.
The company filed its last 5 accounts on average 30 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| DESIGNED Beringen | €207,480 | €79,904 | 25.9% | 0.4 |
| PVIA Knokke-Heist | €140,957 | €72,294 | 78.8% | 0 |
| NACHTRAVEN Mechelen | €218,061 | €119,594 | 47.4% | 1.2 |
| VEQTOR Grimbergen | €218,295 | €124,339 | 60.0% | 1 |
| WE LIV-IN Hasselt | €516,672 | €60,571 | 17.7% | 0 |
| Quartet Retail Design and Management Advisory Heusden-Zolder | €170,070 | €91,330 | 49.7% | - |
| DEPOVER Bilzen-Hoeselt | €165,552 | €85,696 | 52.2% | - |
These companies have the same main activity as DESIGNED: activities of interior architects (NACE 71112). They are comparable in size and age: total assets between €141,000 and €517,000, founded between 2014 and 2020.
DESIGNED files the abbreviated format. That format states no turnover. The gross margin rose from €8,351 in 2020 to €79,904 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 10 November 2026.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €130,000 and €260,000.
Higher than 29% of 1,920 companies in 2024.
Higher than 26% of 1,896 companies in 2024.
Higher than 76% of 1,909 companies in 2024.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half · Staff: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2024, 1 person joined and 1 left.
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
207,480 | 66,494 | 661 | 2,225 | 1,164 | |
20 |
0 | 174 | 394 | 613 | 833 | |
21/28 |
37,171 | - | - | - | - | |
21 |
2,334 | - | - | - | - | |
22/27 |
34,837 | - | - | - | - | |
23 |
14,422 | - | - | - | - | |
24 |
20,415 | - | - | - | - | |
29/58 |
170,309 | 66,320 | 267 | 1,612 | 330 | |
3 |
53,223 | 46,559 | - | - | - | |
30/36 |
22,085 | 12,000 | - | - | - | |
37 |
31,138 | 34,559 | - | - | - | |
40/41 |
110,557 | 11,878 | 231 | 368 | 273 | |
40 |
32,483 | 11,494 | - | - | - | |
41 |
78,074 | 385 | 231 | 368 | 273 | |
54/58 |
3,777 | 7,883 | 36 | 1,244 | 58 | |
490/1 |
2,752 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
207,480 | 66,494 | 661 | 2,225 | 1,164 | |
10/15 |
53,743 | 20,933 | -28,771 | -25,545 | -18,834 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
14 |
48,743 | 15,933 | -33,771 | -30,545 | -23,834 | |
17/49 |
153,737 | 45,561 | 29,432 | 27,770 | 19,998 | |
42/48 |
153,737 | 45,561 | 29,432 | 27,770 | 19,998 | |
44 |
64,629 | 30,585 | 8,739 | 12,623 | 7,727 | |
440/4 |
64,629 | 30,585 | 8,739 | 12,623 | 7,727 | |
45 |
30,531 | - | - | 71 | 194 | |
450/3 |
26,697 | - | - | 71 | 182 | |
454/9 |
3,834 | - | - | - | 13 | |
47/48 |
58,577 | 14,976 | 20,693 | 15,076 | 12,076 | |
| Income statement | ||||||
76A |
- | - | - | - | 1,751 | |
9900 |
79,904 | 50,640 | -2,445 | -5,206 | 8,351 | |
62 |
20,747 | - | - | 448 | 29,985 | |
630 |
6,042 | 220 | 220 | 220 | 266 | |
640/8 |
846 | 1,148 | 585 | 629 | 1,612 | |
9901 |
52,268 | 49,273 | -3,250 | -6,503 | -23,512 | |
75/76B |
1 | 874 | 231 | - | - | |
75 |
1 | 874 | 231 | - | - | |
65/66B |
901 | 443 | 208 | 192 | 266 | |
65 |
901 | 443 | 208 | 192 | 266 | |
9903 |
51,369 | 49,704 | -3,227 | -6,696 | -23,778 | |
67/77 |
18,558 | - | - | 15 | 56 | |
9904 |
32,810 | 49,704 | -3,227 | -6,710 | -23,834 | |
9905 |
32,810 | 49,704 | -3,227 | -6,710 | -23,834 | |
| Appropriation of the result | ||||||
9906 |
48,743 | 15,933 | -33,771 | -30,545 | -23,834 | |
14P |
15,933 | -33,771 | -30,545 | -23,834 | - | |
| Social balance sheet | ||||||
9087 |
0.4 | - | - | - | 1 | |
Hours worked1013 |
560 | - | - | - | 728 | |
| Document | ||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 28-08-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 28-08-2025 | 2025-00434997 | |
| 31-12-2023 | abbreviated format | 14-08-2024 | 2024-00345671 | |
| 31-12-2022 | abbreviated format | 02-10-2023 | 2023-00464227 | |
| 31-12-2021 | abbreviated format | 30-09-2022 | 2022-20442418 | |
| 31-12-2020 | abbreviated format | 14-07-2021 | 2021-34800287 |
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| 58,310 | 49,492 | -3,030 | -6,283 | -23,246 | ||
| 38,852 | 49,924 | -3,007 | -6,491 | -23,568 | ||
| 43,039 | 0 | 0 | 0 | - | ||
| -4,105 | 7,847 | -1,208 | 1,186 | - | ||
| 16,572 | 20,759 | -29,165 | -26,158 | -19,667 | ||
| 25.9% | 31.5% | - | - | - | ||
| 1.11 | 1.46 | - | - | - | ||
| 0.76 | 0.43 | - | - | - | ||
| 2.86 | 2.18 | - | - | - | ||
| 61.1% | 237.4% | - | - | - | ||
| 15.8% | 74.7% | - | - | - | ||
| 64.74 | over 100 | -14.59 | -32.65 | - |
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.
| Item | 31-12-2024 |
|---|---|
| 0.4 | |
| Joined | 1 |
| Left | 1 |
Source: social balance sheet in the 2024 annual accounts
| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €40,339 | - | - | - |
| Intangible fixed assets | €2,700 | - | - | - |
| €6,042 | €220 | €220 | €220 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
The operating result for 2024 is 6% higher than in 2023 and the highest since 2020. It is the fourth rise in a row.
Debt's share of the balance-sheet total rises from 68.5% to 74.1%. Equity and debt are higher.
Source: parent in its own accounts, lists of holdings in the owners' accounts
1 other company of this director went bankrupt (2022).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
| Sui Generis
registered office since 29-12-2022 · founded in 2022 |
total assets €343,041 (2025) 0795.548.369 |
| DE LAAK KOERSEL via C & Q-INVEST, no longer at DE LAAK KOERSEL · Director · deed of 05-12-2023 founded in 2015 |
total assets €4.2m (2025) |
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 16 October 2019, DESIGNED was incorporated as a private limited company by C & Q-INVEST, with a starting capital of €5,000.12 In 2020 the registered office moved to Beringen.3 Today the board has 2 members.4 Total assets went from €1,164 in 2020 to €207,480 in 2024 and headcount from 1 to 0.4 full-time equivalents.5
| Establishment | Since | Unit number |
|---|---|---|
| Lummenseweg 28 registered office 3580 Beringen | 16-10-2019 | 2.307.467.177 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71004B0654/00Y000 | 1,363 m² | 1 · 301 m² | 12.0 m · 1 |
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 0736.485.366
If something looks wrong or is missing, please tell us.