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Desimpel Renovatiewerken

Active
Private limited company (pre-2019)founded 2015active for 11 yearsEikhofstraat 98, 8600 Diksmuide, BelgiumKBO/BCE: BE 0598.891.460
Summary

The computed 12-month bankruptcy probability of Desimpel Renovatiewerken is 1.7% (moderate). The 2025 annual accounts show equity of €33,032 and a net result of €11,418. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 30% of 9,926 sector peers (NACE 43, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 23-02-2015 Normal situation
Activity
Joinery installation NACE 43320and 1 other
Establishment unit
2.240.184.019 8800 Roeselare, since 23-02-2015
Financial year end
31 December
Peppol
Reachable since 05-10-2025

Board and ownership

Board
  • Desimpel JasperDirector

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€16,714
Turnover
≈ €170,000
estimated
Profit
€11,418
Equity
€33,032
▲ 52.8%
Total assets
€119,282
▲ 250%
  • 2025 accounts filed 35 days after the deadline
Score breakdownraises riskLast filed accounts filed 35 days late; 2 of the last 3 accounts lateLiquidity: current ratio 1.19, cash €637Sector: Specialised construction activities (NACE 43)lowers riskFounded in 2015Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 42% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 53-35
equity 27.7% of total assets
Liquidity 37-30
short-term debt 31.3% · cash 0.5%
Profitability 61+61
return on assets 9.6%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025lowest value 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.0%▲ +0.2 percentage points vs 07-2025 09-2025: 3.1%▲ +2.1 percentage points vs 08-2025 10-2025: 3.1%● unchanged vs 09-2025 11-2025: 3.2%▲ +0.1 percentage points vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 3.2%● unchanged vs 12-2025 02-2026: 3.2%● unchanged vs 01-2026 03-2026: 3.2%● unchanged vs 02-2026 04-2026: 3.1%▼ -0.1 percentage points vs 03-2026 05-2026: 3.1%● unchanged vs 04-2026 06-2026: 2.9%▼ -0.2 percentage points vs 05-2026 07-2026: 2.8%▼ -0.1 percentage points vs 06-2026 08-2026: 3.4%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 3.2%▼ -0.2 percentage points vs 08-2026 10-2026: 1.7%▼ -1.5 percentage points vs 09-2026 11-2026: 1.7%● unchanged vs 10-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.19 (2.73 in 2024), below the usual 1.5. Short-term debt is 31.3% and cash 0.5% of total assets. 72.3% of the assets are financed with debt and provisions.
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 43, micro). It does better than 29% of them on solvency, 26% on liquidity, 29% on profitability and 84% on growth.

The bankruptcy probability was computed on 04-11-2026 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 moderate class on 30-06-2025, 2.4% 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).

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

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 35 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.19, cash €637
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 35 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 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 · 9 filings
Deviation from the deadline
2025
35 days late
2024
9 days late
2023
91 days late
2022
36 days late
2021
43 days late
2020
86 days late
2018
35 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 48 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 5 September (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
05-11-2026 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

Financials

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 35 days after the deadline Filed on 4 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00501109.

Annual accounts 2025 filed on 04-09-2026 at the NBB all 9 filings

Turnover
≈ €170,000
Estimated: probably between €97,000 and €330,000
Total assets
€119,282▲ 250%
2024 · €34,121
Net result
€11,418
2024 · -€10,709
Working capital
€6,955▼ 67.8%
2024 · €21,614
Multi-year overview
2018 to 2025, 7 financial years
Operating result
€15,402
2025
20182025
Net result
€11,418
2025
middle half of the sector
20182025
Equity
€33,032
▲ 52.8% 2025
lowest quarter of the sector
20182025
Total assets
€119,282
▲ 250% 2025
lowest quarter of the sector
20182025
Debt
€86,250
▲ 590% 2025
20182025
Working capital
€6,955
▼ 67.8% 2025
lowest quarter of the sector
20182025
Solvency
27.7%
▼ 35.7pp 2025
middle half of the sector
20182025
Current ratio
1.19
▼ 1.54 2025
middle half of the sector
20182025
Return on assets (ROA)
9.6%
▲ 41.0pp 2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2018202020212022202320242025
Operating result-€3,620--€1,150-€5,982€10,124▲ 69.2%€39,018▲ 285%-€10,242€15,402
Net result-€4,943--€1,761below the sector's middle half-€5,341within the sector's middle half€9,797within the sector's middle half▲ 83.4%€33,554above the sector's middle half▲ 243%-€10,709below the sector's middle half€11,418within the sector's middle half
Equity€16,131--€16,368below the sector's middle half--€11,027below the sector's middle half▲ 32.6%-€1,231below the sector's middle half▲ 88.8%€32,323within the sector's middle half€21,614within the sector's middle half▼ 33.1%€33,032below the sector's middle half▲ 52.8%
Total assets€45,308-€5,497below the sector's middle half-€20,194below the sector's middle half▲ 267%€6,235below the sector's middle half▼ 69.1%€38,817below the sector's middle half▲ 523%€34,121below the sector's middle half▼ 12.1%€119,282below the sector's middle half▲ 250%
Debt€29,177-€21,865-€31,221▲ 42.8%€7,466▼ 76.1%€6,494▼ 13.0%€12,507▲ 92.6%€86,250▲ 590%
Working capital€11,293--€16,368below the sector's middle half--€11,027below the sector's middle half▲ 32.6%-€1,231below the sector's middle half▲ 88.8%€32,323within the sector's middle half€21,614within the sector's middle half▼ 33.1%€6,955below the sector's middle half▼ 67.8%
Solvency35.6%--297.8%below the sector's middle half--54.6%below the sector's middle half▲ 243.2pp-19.7%below the sector's middle half▲ 34.9pp83.3%above the sector's middle half▲ 103.0pp63.3%within the sector's middle half▼ 19.9pp27.7%within the sector's middle half▼ 35.7pp
Current ratio1.39-0.25below the sector's middle half-0.65below the sector's middle half▲ 0.400.84below the sector's middle half▲ 0.195.98above the sector's middle half▲ 5.142.73within the sector's middle half▼ 3.251.19within the sector's middle half▼ 1.54
Return on assets (ROA)-10.9%--32.0%below the sector's middle half-26.4%above the sector's middle half▲ 58.5pp157.1%above the sector's middle half▲ 130.7pp86.4%above the sector's middle half▼ 70.7pp-31.4%below the sector's middle half▼ 117.8pp9.6%within the sector's middle half▲ 41.0pp
Staff (FTE)0.7-
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a profit of €15,402, after a loss of €10,242 in 2024.

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119,282
Fixed assets €75,000
Current assets €44,282
Equity and liabilities €119,282
Equity €33,032 ▲ 52.8%
Debt €86,250 ▲ 590%
Debt's share of the balance-sheet total rises from 36.7% to 72.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
2.61▲
2024 · 0.58
ROE
34.6%▲
2024 · -49.5%
Debt ≤ 1 year
€37,327▲
2024 · €12,507
Debt > 1 year
€48,923
Income taxes
€2,377▲
2024 · -€27
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Financial fixed assets----€75,000

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€34,121€119,282▲
Fixed assets21/28-€75,000
Financial fixed assets28-€75,000
Current assets29/58€34,121€44,282▲
Amounts receivable within one year40/41€34,121€43,646▲
Trade receivables40€11,181€27,490▲
Other amounts receivable41€22,940€16,155▼
Cash at bank and in hand54/58-€637
Equity and liabilities
Total equity and liabilities10/49€34,121€119,282▲
Equity10/15€21,614€33,032▲
Contributions10/11€12,400€12,400=
Reserves13€2,000€2,000=
Non-distributable reserves130/1€2,000€2,000=
Reserves not available under the articles1311€2,000€2,000=
Profit (loss) carried forward14€7,214€18,632▲
Amounts payable17/49€12,507€86,250▲
Amounts payable after more than one year17-€48,923
Financial debts170/4-€48,923
Amounts payable within one year42/48€12,507€37,327▲
Current portion of amounts payable after more than one year42-€11,077
Financial debts43€1,683-
Credit institutions430/8€1,683-
Trade debts44€4,355€14,010▲
Suppliers440/4€4,355€14,010▲
Taxes, remuneration and social security45€6,469€12,241▲
Taxes450/3€6,469€12,241▲
Income statement Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€7,411-
Other operating charges640/8-€1,312
Non-recurring operating charges66A€7,411-
Gross operating margin9900-€10,242€16,714▲
Operating profit (loss)9901-€10,242€15,402▲
Financial income75/76B€11-
Recurring financial income75€11-
Financial charges65/66B€506€1,607▲
Recurring financial charges65€506€1,607▲
Profit (loss) for the period before taxes9903-€10,737€13,795▲
Income taxes67/77-€27€2,377▲
Profit (loss) for the period9904-€10,709€11,418▲
Profit (loss) for the period to be appropriated9905-€10,709€11,418▲
Appropriation of the result
Profit (loss) to be appropriated9906€7,214€18,632▲
Profit (loss) brought forward from the previous period14P€17,923€7,214▼

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 04-09-2026.

Line2018202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,196-------
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€5,811€1,600-€7,411--
Other operating charges640/8--€579€614€274-€1,312-
Non-recurring operating charges66A-----€7,411--
Gross operating margin9900€50,028-€694€6,561€16,548€40,892-€10,242€16,714-
Operating profit (loss)9901-€3,620-€1,150€5,982€10,124€39,018-€10,242€15,402-
Financial income75/76B---€0€0€11--
Recurring financial income75€64--€0€0€11--
Financial charges65/66B--€642€327€603€506€1,607▲ 218%
Recurring financial charges65€1,387€611€642€327€603€506€1,607▲ 218%
Profit (loss) for the period before taxes9903-€4,943-€1,761€5,341€9,797€38,415-€10,737€13,795-
Income taxes67/77----€4,861-€27€2,377-
Profit (loss) for the period9904-€4,943-€1,761€5,341€9,797€33,554-€10,709€11,418-
Profit (loss) for the period to be appropriated9905-€4,943-€1,761€5,341€9,797€33,554-€10,709€11,418-
Line2018202020212022202320242025Change
Assets
Total assets20/58€45,308€5,497€20,194€6,235€38,817€34,121€119,282▲ 250%
Fixed assets21/28€4,838-----€75,000-
Intangible fixed assets21€0-------
Tangible fixed assets22/27€4,838-------
Financial fixed assets28------€75,000-
Current assets29/58€40,470€5,497€20,194€6,235€38,817€34,121€44,282▲ 29.8%
Stocks and contracts in progress3-€1,500€5,500€1,810€0---
Contracts in progress37--€5,500€1,810€0---
Amounts receivable within one year40/41€20,749€2,317€14,510€4,014€27,651€34,121€43,646▲ 27.9%
Trade receivables40--€12,117€1,300€4,764€11,181€27,490▲ 146%
Other amounts receivable41--€2,393€2,714€22,887€22,940€16,155▼ 29.6%
Cash at bank and in hand54/58€19,721---€11,166-€637-
Deferred charges and accrued income490/1--€183€411€0---
Equity and liabilities
Total equity and liabilities10/49€45,308€5,497€20,194€6,235€38,817€34,121€119,282▲ 250%
Equity10/15€16,131-€16,368-€11,027-€1,231€32,323€21,614€33,032▲ 52.8%
Contributions10/11€12,400-€12,400€12,400€12,400€12,400€12,400=
Reserves13€2,000€2,000€2,000€2,000€2,000€2,000€2,000=
Non-distributable reserves130/1--€2,000€2,000€2,000€2,000€2,000=
Reserves not available under the articles1311--€2,000€2,000€2,000€2,000€2,000=
Profit (loss) carried forward14€1,731-€30,768-€25,427-€15,631€17,923€7,214€18,632▲ 158%
Amounts payable17/49€29,177€21,865€31,221€7,466€6,494€12,507€86,250▲ 590%
Amounts payable after more than one year17------€48,923-
Financial debts170/4------€48,923-
Amounts payable within one year42/48€29,177€21,865€31,221€7,466€6,494€12,507€37,327▲ 198%
Current portion of amounts payable after more than one year42------€11,077-
Financial debts43--€9€4,899€0€1,683--
Credit institutions430/8--€9€4,899€0€1,683--
Trade debts44€11,177-€3,605€1,030€1,633€4,355€14,010▲ 222%
Suppliers440/4--€3,605€1,030€1,633€4,355€14,010▲ 222%
Advances received on contracts in progress46--€10,834€0----
Taxes, remuneration and social security45----€4,861€6,469€12,241▲ 89.2%
Taxes450/3----€4,861€6,469€12,241▲ 89.2%
Other amounts payable47/48--€16,773€1,537€0---
Line2018202020212022202320242025Change
Profit (loss) for the period9904-€4,943-€1,761€5,341€9,797€33,554-€10,709€11,418-
+ Depreciation and write-downs630€2,196-------
Operating cash flow (approximation)-€2,747-€1,761€5,341€9,797€33,554-€10,709€11,418-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 04-09-2026 2026-00501109 PDF
31-12-2024 micro format 09-08-2025 2025-00378830 PDF
31-12-2023 micro format 30-10-2024 2024-00527580 PDF
31-12-2022 micro format 05-09-2023 2023-00432154 PDF
31-12-2021 micro format 12-09-2022 2022-20428494 PDF
31-12-2020 micro format 25-10-2021 2021-73500241 PDF
31-12-2018 micro format 04-09-2019 2019-63400279 PDF
31-12-2017 micro format 16-04-2019 2019-10000545 PDF
31-12-2016 abbreviated format 16-04-2019 2019-10000546 PDF

Board & ownership

Directors

Directors
1 director
Desimpel Jasper
Director · listed in the 2024 annual accounts, filed on 09-08-2025
Current

Owners and capital

Network & group

Desimpel Renovatiewerken shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of Desimpel Renovatiewerken. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Deeds, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
04-09
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 35 days late
2025
31-12
Financial Back to profitnet €11,418
The net result is €11,418, after one loss-making year.
09-08
NBB filing Annual accounts 2024 filedPDF
micro format · 9 days late
2024
31-12
Financial Weakest financial yearnet -€10,709
The net result drops to -€10,709, the lowest from 2018 to 2025. It recovers the following year.
30-10
NBB filing Annual accounts 2023 filedPDF
micro format · 91 days late
2023
31-12
Financial Highest result from 2018 to 2025net €33,554 ▲243%
The operating result of €39,018 and the net result of €33,554 are both a record.
31-12
Financial Liquidity more than 7 timescurrent ratio 5.98
The current ratio rises from 0.84 to 5.98. Short-term debt falls from €7,466 to €6,494.
05-09
NBB filing Annual accounts 2022 filedPDF
micro format · 36 days late
2022
12-09
NBB filing Annual accounts 2021 filedPDF
micro format · 43 days late
2021
31-12
Financial Back to profitnet €5,341
The net result is €5,341, after 2 loss-making years.
25-10
NBB filing Annual accounts 2020 filedPDF
micro format · 86 days late
2019
04-09
NBB filing Annual accounts 2018 filedPDF
micro format · 35 days late
Show earlier events
16-04
NBB filing Annual accounts 2017 filedPDF
micro format · 259 days late
16-04
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 624 days late
2015
25-02
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

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

History

On 23 February 2015, Desimpel Renovatiewerken was incorporated.1 Total assets went from €45,308 in 2018 to €119,282 in 2025.2

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

Company details

Register details

Identity

KBO record
Name Desimpel Renovatiewerken in Dutch
Enterprise number 0598.891.460
Legal form Private limited company (pre-2019)
Status Active, normal situation
Founded 23-02-2015
Entity type Legal entity

Registered office and establishments

Registered office Eikhofstraat 98, 8600 Diksmuide, Belgium
Establishment unit Desimpel Renovatiewerken, Heirweg 59, 8800 Roeselare since 23-02-2015 · unit number 2.240.184.019

Activities

NACEBEL 2025
43320 Joinery installation main activity
43410 Roofing work
Codes under NACEBEL 2008
43320 Joinery installation main activity
43910 Specialised construction activities

Invoicing and payment

VAT number BE 0598.891.460
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0598891460
Registered 05-10-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 5 November 2026 · Peppol Directory

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 0598.891.460

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the addresses

Ground area
1.9 ha
Building footprint
316 m²
Building volume
1,452 m³
Tallest building: 7.9 m.
Cadastral parcel Region Area Buildings Height / floors
32472B0728/00A000 Flanders 1.8 ha 1 · 201 m² 7.9 m · 2
36505B1042/00S000 Flanders 745 m² 1 · 115 m² 6.1 m · 2