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Complete company report
Generated 14-07-2026
Active BE 1002.515.289Private limited company

Desutter Thibaud

Stationsstraat 4 ·8490 Jabbeke, Belgium· 2 yrs active
Sector: Specialised construction (43211)
Conclusion Checked

The computed 12-month bankruptcy probability of Desutter Thibaud is 2.6% (moderate). The 2024 annual accounts show equity of €61k and a net result of €57k. Its solvency ranks better than 31% of 11044 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €61k
Net result €57k
Better than sector 31%
Active 2 yrs
Snowflake analysis 5 axes · computed by Checked
Health68Profitability100Solvency39Growth50Stability67
65 / 100

Strong profile, led by profitability.

Health 68
Profitability 100
Solvency 39
Growth 50
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
2.6% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
68 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 08-07-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 24.6% 40.9%
better than 31% of 11044 sector peers
Net result €57k €11k
better than 89% of 11027 sector peers
Equity €61k €34k
better than 69% of 11048 sector peers
Gross operating margin €91k €35k
better than 80% of 11017 sector peers
Total assets €247k €93k
better than 83% of 11044 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA€89k
Net profit€57k
Cash flow€73k
Staff costs-
Income taxes€14k
Dividends-
Total assets€247k
Equity€61k
Debt€186k
of which ≤ 1y€175k
of which > 1y€12k
Working capital€20k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.11
Quick ratio1.02
Working capital ratio8.0%
Solvency24.6%
Debt / equity3.06
Long-term debt ratio0.19
Interest coverage43.75
Gross margin-
Net margin-
ROA23.0%
ROE93.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€247k
Fixed assets 21/28€53k
Intangible fixed assets 21€4k
Tangible fixed assets 22/27€49k
Financial fixed assets 28€67
Current assets 29/58€194k
Stocks & contracts in progress 3€17k
Amounts receivable within one year 40/41€113k
Cash & bank 54/58€63k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€247k
Equity 10/15€61k
Contributions / capital 10/11€4k
Reserves 13€57k
Amounts payable 17/49€186k
Amounts payable after one year 17€12k
Amounts payable within one year 42/48€175k
Trade debts payable within one year 44€65k
Income statement
Gross operating margin 9900€91k
Operating result 9901€73k
Financial income 75€12
Financial charges 65€2k
Result before taxes 9903€71k
Income taxes 67/77€14k
Net result for the period 9904€57k
Result to be appropriated 9905€57k
Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43211)
Legal form Private limited company(610)
Incorporation21-11-2023
StatusActive
Postal code8490
Establishment units 1 location
Fluwi
Stationsstraat 4, 8490 JabbekeVervaardiging van scharen, messen, bestekken enz
since 20232.352.420.145
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31012B0572/00G000 Flanders 2,319 m² 1 · 334 m² 1.7 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 1 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
08-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Installatie van industriële machines, toestellen en werktuigen33200Installatie van industriële machines, toestellen en werktuigen33200Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299
Primary activity highlighted.
Names & trade names
Legal nameNL Desutter Thibaud
Registered office
Stationsstraat 4 bus 1
8490 Jabbeke, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative