DESTE CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of DESTE CONSTRUCT is 1.7% (moderate). The 2025 annual accounts show negative equity (-€304,328) and a net result of -€144,019. Equity is shrinking by about 44% per year across the filed financial years. Its solvency ranks better than 5% of 17,080 sector peers (NACE 68, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€304,328
- Loss
- -€144,019
Why 52raises riskLiquidity: current ratio 0.49, cash €89, halvedLoss of €144,019, the second in a row (financial year 2025)Negative equity -€304,328lowers riskSize: total assets €307,756Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 5% on solvency, 2% on liquidity, 4% on profitability and 6% on growth.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 5 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€332,215
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result stays negative: a loss of €143,977 in 2025 against €275,018 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,007 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83.0% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,007 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,487 | - | - | €251 | €1,527 | €1,733 | ▲ 13.5% |
| Other operating charges640/8 | - | - | €348 | €348 | €1,975 | €69,979 | ▲ 35× |
| Gross operating margin9900 | €1,884 | €31,946 | €42,273 | €11,456 | -€271,516 | -€72,264 | ▲ 73.4% |
| Operating profit (loss)9901 | €50 | €30,968 | €41,926 | €10,857 | -€275,018 | -€143,977 | ▲ 47.6% |
| Financial income75/76B | - | - | €1 | €1,912 | €85 | €87 | ▲ 2.0% |
| Recurring financial income75 | - | - | €1 | €1,912 | €85 | €87 | ▲ 2.0% |
| Financial charges65/66B | - | - | €41,832 | €91,012 | €57,282 | €129 | ▼ 99.8% |
| Recurring financial charges65 | €27 | €30,899 | €41,832 | €91,012 | €57,282 | €129 | ▼ 99.8% |
| Profit (loss) for the period before taxes9903 | €23 | €69 | €94 | -€78,243 | -€332,215 | -€144,019 | ▲ 56.6% |
| Income taxes67/77 | €5 | €14 | €19 | - | - | - | - |
| Profit (loss) for the period9904 | €18 | €55 | €75 | -€78,243 | -€332,215 | -€144,019 | ▲ 56.6% |
| Profit (loss) for the period to be appropriated9905 | €18 | €55 | €75 | -€78,243 | -€332,215 | -€144,019 | ▲ 56.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.3m | €1.4m | €3.5m | €2.2m | €0.4m | €0.3m | ▼ 30.9% |
| Fixed assets21/28 | - | - | - | €0.007m | €0.006m | €0.005m | ▼ 8.4% |
| Tangible fixed assets22/27 | - | - | - | €0.007m | €0.006m | €0.005m | ▼ 8.4% |
| Plant, machinery and equipment23 | - | - | - | €0.007m | €0.006m | €0.005m | ▼ 8.4% |
| Current assets29/58 | €0.3m | €1.4m | €3.5m | €2.1m | €0.4m | €0.3m | ▼ 31.2% |
| Stocks and contracts in progress3 | €0.1m | €1.0m | €3.0m | €1.4m | €0.02m | €0.04m | ▲ 82.1% |
| Stocks30/36 | - | - | €3.0m | €1.4m | €0.02m | €0.04m | ▲ 82.1% |
| Amounts receivable within one year40/41 | €0.2m | €0.3m | €0.4m | €0.7m | €0.3m | €0.3m | ▼ 14.7% |
| Trade receivables40 | - | - | €0.02m | €0.5m | €0.07m | €0.006m | ▼ 91.2% |
| Other amounts receivable41 | - | - | €0.4m | €0.3m | €0.2m | €0.3m | ▲ 6.7% |
| Cash at bank and in hand54/58 | €0.001m | €0.09m | €236 | €348 | €0.1m | €89 | ▼ 99.9% |
| Deferred charges and accrued income490/1 | - | - | €214 | €0.01m | €0.001m | €8 | ▼ 98.6% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.3m | €1.4m | €3.5m | €2.2m | €0.4m | €0.3m | ▼ 30.9% |
| Equity10/15 | €0.3m | €0.3m | €0.3m | €0.2m | -€0.2m | -€0.3m | ▼ 89.8% |
| Contributions10/11 | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | €18 | €73 | €149 | -€0.08m | -€0.4m | -€0.6m | ▼ 35.1% |
| Amounts payable17/49 | €0.1m | €1.1m | €3.2m | €2.0m | €0.6m | €0.6m | ▲ 1.0% |
| Amounts payable within one year42/48 | €0.1m | €1.1m | €3.2m | €2.0m | €0.6m | €0.6m | ▲ 1.0% |
| Financial debts43 | - | - | €3.0m | €1.2m | - | - | - |
| Credit institutions430/8 | - | - | €3.0m | €1.2m | - | - | - |
| Trade debts44 | - | €0.01m | €0.2m | €0.6m | €0.08m | €0.07m | ▼ 17.5% |
| Suppliers440/4 | - | - | €0.2m | €0.6m | €0.08m | €0.07m | ▼ 17.5% |
| Taxes, remuneration and social security45 | - | - | €0.1m | €0.005m | €0.004m | €457 | ▼ 87.4% |
| Taxes450/3 | - | - | €0.1m | €0.005m | €0.004m | €457 | ▼ 87.4% |
| Other amounts payable47/48 | - | - | €0.001m | €0.2m | €0.5m | €0.5m | ▲ 4.4% |
| Accrued charges and deferred income492/3 | - | - | €0.01m | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18 | €55 | €75 | -€78,243 | -€332,215 | -€144,019 | ▲ 56.6% |
| + Depreciation and write-downs630 | €1,487 | - | - | €251 | €1,527 | €1,733 | ▲ 13.5% |
| Operating cash flow (approximation) | €1,505 | €55 | €75 | -€77,992 | -€330,688 | -€142,286 | ▲ 57.0% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | -€1,242 | - |
| Change in cash | - | €92,963 | -€93,337 | €112 | €111,937 | -€112,196 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 07-01-2026 | 2026-00003717 |
| 30-06-2024 | micro format | 23-01-2025 | 2025-00013550 |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00025391 |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00020726 |
| 30-06-2021 | micro format | 01-02-2022 | 2022-04900367 |
| 30-06-2020 | micro format | 04-02-2021 | 2021-04700227 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 24-11-2023 Converted to unavailable equity
Group and network
Connections & network
No directors read yet: 1 of 2 Gazette acts processed.
History
Acts, filings and financial milestones
24-11
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsDirector in office · Capital conversion · Reserve release9 facts ▸
- Other provision, “BE0722.946.542, inschrijving en btw” (deed in Dutch)
- General meeting, 15-11-2023
- Other provision, “agenda, vat de agenda aan” (deed in Dutch)
- Director in office, Stéphane DEKOSTER (director)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “artikel 39,§2,tweede lid wet van 2019-03-23, opheffing” (deed in Dutch)
- Amendment of the articles
- Capital
- Registered office clause, “Bloemendal 33,1700 Dilbeek, vergadering bevestigt ligging” (deed in Dutch)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0722.946.542
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23016B0251/00G002 | Flanders | 1,102 m² | 1 · 252 m² | 14.8 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DESTE CONSTRUCT
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 15. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Vergoeding bestuurders, vaste of evenredige vergoeding” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prijs vermeld in oorspronkelijke bekendmaking of bij betwisting door deskundige bepaald, overdracht van aandelen” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of December at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering mag een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie als…” (deed in Dutch)