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DESIMPELAERE CONSTRUCT

Active
Private limited company (pre-2019)founded 199234 yrs activeOostendse Steenweg 52, 8000 Brugge, BelgiumKBO/BCE: BE 0446.856.432

DESIMPELAERE CONSTRUCT has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-133k) and a net result of €-47k. Equity is shrinking by ~57.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 7321 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
7 / 100
Critical▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.23 in 2024), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-64.6%
Return on assets
-23%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 34 years 0 40 y
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year -€133k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-12-2025, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 d early
2024
12 d late
2023
1 d late
2022
40 d early
2021
1 d late
2020
39 d late
2018
24 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-133k▼ 55.1%
2024 · €-86k
2020: €90k 2021: €71k 2022: €-3k 2023: €-47k 2024: €-86k
2020 → 2025
Total assets
€207k▼ 8.0%
2024 · €224k
2020: €166k 2021: €124k 2022: €266k 2023: €249k 2024: €224k
2020 → 2025
Net result
€-47k▼ 21.0%
2024 · €-39k
2020: €7k 2021: €-20k 2022: €-73k 2023: €-44k 2024: €-39k
2020 → 2025
Working capital
€-155k▼ 48.6%
2024 · €-104k
2020: €93k 2021: €68k 2022: €-16k 2023: €-65k 2024: €-104k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€71k-€-3k€-47k▼ 1,729%€-86k▼ 83.8%€-133k▼ 55.1%
Operating result€-16k-€-72k▼ 361%€-41k▲ 42.2%€-31k▲ 24.9%€-37k▼ 20.3%
Net result€-20k-€-73k▼ 276%€-44k▲ 39.8%€-39k▲ 11.4%€-47k▼ 21.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-80k€-60k€-40k€-20k€0Operating result 2021: €-16k€-16kNet result 2021: €-20k€-20kOperating result 2022: €-72k€-72kNet result 2022: €-73k€-73kOperating result 2023: €-41k€-41kNet result 2023: €-44k€-44kOperating result 2024: €-31k€-31kNet result 2024: €-39k€-39kOperating result 2025: €-37k€-37kNet result 2025: €-47k€-47k20212022202320242025
The operating result stays negative: a loss of €37k in 2025 against €31k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €207k
Fixed assets €185k▼ 4.7%
Current assets €22k▼ 28.4%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-28k
2024 · €-22k
Cash flow
€-38k
2024 · €-30k
Solvency
-64.6%
2024 · -38.3%
Current ratio
0.12
2024 · 0.23
Quick ratio
0.12
2024 · 0.15
Debt / equity
-2.55
2024 · -3.61
ROE
35.5%
2024 · 45.6%
ROA
-23.0%
2024 · -17.5%
Interest coverage
-2.84
2024 · -2.69
Debt
€340k
2024 · €310k
Debt ≤ 1 year
€176k
2024 · €135k
Debt > 1 year
€156k
2024 · €170k
Staff costs
€16k
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€224k€207k
Fixed assets21/28€194k€185k
Intangible fixed assets21€542€142
Tangible fixed assets22/27€193k€184k
Land and buildings22€193k€184k
Current assets29/58€31k€22k
Stocks and contracts in progress3€10k€1k
Contracts in progress37€10k€1k
Amounts receivable within one year40/41€3k€5k
Trade receivables40€1k€4k
Other amounts receivable41€1k€275
Cash at bank and in hand54/58€92€90
Deferred charges and accrued income490/1€18k€16k
Equity and liabilities
Total equity and liabilities10/49€224k€207k
Equity10/15€-86k€-133k
Contributions10/11€25k€25k=
Capital10-€25k
Issued capital100-€25k
Reserves13€62k€62k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130-€2k
Reserves not available under the articles1311€2k-
Distributable reserves133€60k€60k=
Profit (loss) carried forward14€-173k€-221k
Amounts payable17/49€310k€340k
Amounts payable after more than one year17€170k€156k
Financial debts170/4€170k€156k
Amounts payable within one year42/48€135k€176k
Current portion of amounts payable after more than one year42€14k€14k
Trade debts44€12k€17k
Suppliers440/4€12k€17k
Taxes, remuneration and social security45€3k€42
Taxes450/3€133€42
Remuneration and social security454/9€3k-
Other amounts payable47/48€106k€146k
Accrued charges and deferred income492/3€5k€7k
Income statement Code20242025
Remuneration, social security and pensions62€4k€16k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k
Other operating charges640/8€1k€1k
Gross operating margin9900€-17k€-11k
Operating profit (loss)9901€-31k€-37k
Financial income75/76B€45€14
Recurring financial income75€45€14
Financial charges65/66B€8k€10k
Recurring financial charges65€8k€10k
Profit (loss) for the period before taxes9903€-39k€-47k
Profit (loss) for the period9904€-39k€-47k
Profit (loss) for the period to be appropriated9905€-39k€-47k
Appropriation of the result
Profit (loss) to be appropriated9906€-173k€-221k
Profit (loss) brought forward from the previous period14P€-134k€-173k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
25-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
12-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
01-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2022
22-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial Weakest financial yearnet €-73k
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
01-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
11-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
2019
07-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-02
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Brugge · 1 establishment unit since 1992
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Oostendse Steenweg 528000 Brugge
Ground area
109 m²
Building footprint
109 m²
Volume, LiDAR
790 m³
Parcel 31808L0532/00K005, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oostendse Steenweg 52, 8000 Brugge
Air transport
since 19922.056.864.115
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31808L0532/00K005 Flanders 109 m² 1 · 109 m² 9.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 13,098 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded27-03-1992
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.