Equity
-€45,633
Debts exceed assets in financial year 2025.
DESTOC S
Lifetime
10 annual accounts with figures on one time axispeak €15,444 (2021)
-€1,451▲ €2,083
lowest -€12,164 (2019)
-€1,551▲ €3,420
peak €564 (2016)
-€45,633▼ €1,551
€116,703▲ 1.6%
Board1 name since 2026
-
Documentsfilings and deeds
14-09-202645 days late
2025micro format
Gross margin from -€3,533 to -€1,451Loss of €1,551
Key points
from the 2025 annual accountsLosses
-€18,248 in four years
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€116,703 164% of the balance sheet
Filings
10 annual accounts 10 late
The 2023 accounts came latest: 775 days after the end of the period.
Board
1 left
A director left. Latest change 13-09-2026 · 0 in office.
Position in the sector
-64.2%
Lower solvency than 94% of companies in real estate. Sector median 28.9% · 17,194 companies.
Checked score
51
Fair
Financially stronger than 18% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.0%
01-2025: 6.4%▲ +1.4 percentage points vs 12-2024
02-2025: 6.4%● unchanged vs 01-2025
03-2025: 6.8%▲ +0.4 percentage points vs 02-2025
04-2025: 6.2%▼ -0.6 percentage points vs 03-2025
05-2025: 6.2%● unchanged vs 04-2025
06-2025: 6.1%▼ -0.1 percentage points vs 05-2025
07-2025: 6.1%● unchanged vs 06-2025
08-2025: 7.9%▲ +1.8 percentage points vs 07-2025
09-2025: 7.9%● unchanged vs 08-2025
10-2025: 8.7%▲ +0.8 percentage points vs 09-2025highest value
11-2025: 8.6%▼ -0.1 percentage points vs 10-2025
12-2025: 8.6%● unchanged vs 11-2025
01-2026: 8.6%● unchanged vs 12-2025
02-2026: 8.6%● unchanged vs 01-2026
03-2026: 8.6%● unchanged vs 02-2026
04-2026: 8.4%▼ -0.2 percentage points vs 03-2026
05-2026: 8.3%▼ -0.1 percentage points vs 04-2026
06-2026: 8.4%▲ +0.1 percentage points vs 05-2026
07-2026: 8.4%● unchanged vs 06-2026
08-2026: 8.1%▼ -0.3 percentage points vs 07-2026
09-2026: 8.1%● unchanged vs 08-2026
10-2026: 2.4%▼ -5.7 percentage points vs 09-2026lowest value
11-2026: 2.4%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 45 days late; 3 of the last 3 accounts late
Liquidity: current ratio 0.61, cash €26
Negative equity -€45,633
lowers risk
Size: total assets €71,070
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 68, micro). It does better than 5% of them on solvency, 2% on liquidity, 28% on profitability and 36% 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 31-12-2025.
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).
Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as DESTOC S has now. Each dot stands for 6 companies, two years later.
90.5%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DESTOC S itself: 2.4% within 12 months.
Test of the method
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 2,333 companies, not a prediction for DESTOC S. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.61 (0.62 in 2024), below 1. Short-term debt is 164.2% and cash 0% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€45,633
raises risk · 2025 accounts filed 45 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 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 · 10 filingsDeviation from the deadline
2025
45 days late
2024
410 days late
2023
775 days late
2022
51 days late
2021
144 days late
2020
20 days late
2019
88 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 219 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 22 December (4 of the last 5 accounts filed within 266 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: BOULATIOUR Yasmina (director)
Transfer of shares from BOULATIOUR Yasmina to BOULATIOUR Touhami · BOULATIOUR Touhami holds 100 shares · Director discharge: BOULATIOUR Yasmina · General meeting of 13-09-2026 · Gazette deed
Purpose change · Legal-form change · Resignations & appointments
“La réalisation de toutes opérations immobilières,et notamment,sans que cette énumération soit…” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 05-12-2019 · Gazette deed
First establishment
Desctoc S, Avenue des Bouvreuils 12, Wavre
Incorporation
published on 12-10-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DESTOC S Wavre | €71,070 | -€1,451 | -64.2% | - |
| TWP Westerlo | €69,510 | -€1,660 | -349.5% | - |
| CONSTRUCT-C Hechtel-Eksel | €71,217 | -€3,202 | 75.7% | - |
| DIAMOND OOSTENDE Ostend | €72,565 | -€4,641 | 100.0% | - |
| EFPA Namur | €68,542 | -€7,897 | -62.5% | - |
| BOUW EN PROMOTIE DIKSMUIDESTRAAT Schilde | €71,131 | -€22,638 | -178.9% | - |
| BFM INVEST Blegny | €77,209 | -€7,727 | 7.3% | - |
These companies have the same main activity as DESTOC S: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €68,500 and €77,200, founded between 2015 and 2016.
Official details
Source: KBO- Status
- Active since 30-09-2015Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.249.161.4671301 Wavre, since 01-10-2015
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on DESTOC S
DESTOC S files the micro format. That format states no turnover. The gross margin rose from -€4,577 in 2016 to -€1,451 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DESTOC S
- What is the company number of DESTOC S?
- The company number of DESTOC S is 0639.790.422. The VAT number is the same number with BE in front: BE 0639.790.422.
- Where is DESTOC S based?
- The registered office is at Avenue des Bouvreuils 12, 1301 Wavre.Company details
- What does DESTOC S do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of DESTOC S?
- DESTOC S is a private limited company (BV).
- When was DESTOC S founded?
- DESTOC S was founded on 30-09-2015.
- Is DESTOC S still active?
- Yes, DESTOC S is an active enterprise in the KBO register.
- What is the turnover of DESTOC S?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is DESTOC S profitable?
- In financial year 2025, DESTOC S made a loss of €1,551.
- Where can I find the annual accounts of DESTOC S?
- DESTOC S filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DESTOC S due?
- DESTOC S must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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