DESVOVEILINGEN
ActiveSummary
DESVOVEILINGEN has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €13k. Equity is shrinking by ~24.9% per year across the filed fiscal years. Its solvency ranks better than 88% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability96▲+96
Solvency100▲+39
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.15 in 2024; short-term debt: 21.2% and cash: 24.4% of total assets), and 21.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.6%
Return on assets
21.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
14 d late
2024
2 d early
2023
178 d late
2022
55 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€49k▲ 38.2%
2024 · €35k
2022: €105khighest in 4 years
2023: €77k▼ -27.0% vs 2022
2024: €35k▼ -54.3% vs 2023lowest in 4 years
2025: €49k▲ +38.2% vs 2024
2022 → 2025
Total assets
€62k▼ 37.3%
2024 · €99k
2022: €216khighest in 4 years
2023: €192k▼ -10.9% vs 2022
2024: €99k▼ -48.8% vs 2023
2025: €62k▼ -37.3% vs 2024lowest in 4 years
2022 → 2025
Net result
€13k
2024 · €-42k
2022: €46khighest in 4 years
2023: €-28k▼ -161% vs 2022
2024: €-42k▼ -46.8% vs 2023lowest in 4 years
2025: €13k▲ +132% vs 2024
2022 → 2025
Working capital
€8k▼ 3.4%
2024 · €8k
2022: €72khighest in 4 years
2023: €46k▼ -35.3% vs 2022
2024: €8k▼ -83.1% vs 2023
2025: €8k▼ -3.4% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€105k-€77k▼ 27.0%€35k▼ 54.3%€49k▲ 38.2%
2022: €105khighest in 4 years
2023: €77k▼ -27.0% vs 2022
2024: €35k▼ -54.3% vs 2023lowest in 4 years
2025: €49k▲ +38.2% vs 2024
Operating result€59k-€-27k€-41k▼ 52.4%€15k
2022: €59khighest in 4 years
2023: €-27k▼ -145% vs 2022
2024: €-41k▼ -52.4% vs 2023lowest in 4 years
2025: €15k▲ +137% vs 2024
Net result€46k-€-28k€-42k▼ 46.8%€13k
2022: €46khighest in 4 years
2023: €-28k▼ -161% vs 2022
2024: €-42k▼ -46.8% vs 2023lowest in 4 years
2025: €13k▲ +132% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €15k after a loss of €41k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62k
Fixed assets
€41k ▲ 9.3%
Current assets
€21k ▼ 66.0%
Equity and liabilities €62k
Equity
€49k ▲ 38.2%
Debt
€13k ▼ 79.1%
Debt's share of the balance-sheet total falls from 64.3% to 21.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43k▲
2024 · €-27k
Cash flow
€42k▲
2024 · €-29k
Current ratio
1.58▲
2024 · 1.15
Debt to equity
0.27▼
2024 · 1.80
ROE
27.6%▲
2024 · -118.8%
ROA
21.7%▲
2024 · -42.4%
Interest coverage
28.69▲
2024 · -20.01
Debt ≤ 1 year
€13k▼
2024 · €53k
Debt > 1 year
€0▼
2024 · €10k
Income taxes
€192
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€99k€62k▼
Fixed assets21/28€38k€41k▲
Intangible fixed assets21-€26k
Tangible fixed assets22/27€38k€15k▼
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€33k€14k▼
Current assets29/58€61k€21k▼
Amounts receivable within one year40/41€51k€2k▼
Trade receivables40-€268
Other amounts receivable41€51k€2k▼
Cash at bank and in hand54/58€10k€15k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€99k€62k▼
Equity10/15€35k€49k▲
Contributions10/11€1k€1k=
Reserves13€76k€76k=
Distributable reserves133€76k€76k=
Profit (loss) carried forward14€-42k€-28k▲
Amounts payable17/49€63k€13k▼
Amounts payable after more than one year17€10k€0▼
Financial debts170/4€10k€0▼
Amounts payable within one year42/48€53k€13k▼
Current portion of amounts payable after more than one year42€34k€3k▼
Trade debts44€19k€8k▼
Suppliers440/4€19k€8k▼
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Accrued charges and deferred income492/3-€134
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€28k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€-25k€49k▲
Operating profit (loss)9901€-41k€15k▲
Financial income75/76B€206€3▼
Recurring financial income75€206€3▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-42k€14k▲
Income taxes67/77-€192
Profit (loss) for the period9904€-42k€13k▲
Profit (loss) for the period to be appropriated9905€-42k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-28k▲
Profit (loss) brought forward from the previous period14P-€-42k
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €19k | €13k | €28k | ▲ 113% |
| Other operating charges640/8 | €17k | €1k | €3k | €5k | ▲ 107% |
| Gross operating margin9900 | €91k | €-7k | €-25k | €49k | ▲ 296% |
| Operating profit (loss)9901 | €59k | €-27k | €-41k | €15k | ▲ 137% |
| Financial income75/76B | €1k | €161 | €206 | €3 | ▼ 98.4% |
| Recurring financial income75 | €1k | €161 | €206 | €3 | ▼ 98.4% |
| Financial charges65/66B | €2k | €2k | €1k | €2k | ▲ 10.1% |
| Recurring financial charges65 | €2k | €2k | €1k | €2k | ▲ 10.1% |
| Profit (loss) for the period before taxes9903 | €58k | €-28k | €-42k | €14k | ▲ 133% |
| Income taxes67/77 | €12k | €134 | - | €192 | - |
| Profit (loss) for the period9904 | €46k | €-28k | €-42k | €13k | ▲ 132% |
| Profit (loss) for the period to be appropriated9905 | €46k | €-28k | €-42k | €13k | ▲ 132% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €216k | €192k | €99k | €62k | ▼ 37.3% |
| Fixed assets21/28 | €64k | €51k | €38k | €41k | ▲ 9.3% |
| Intangible fixed assets21 | - | - | - | €26k | - |
| Tangible fixed assets22/27 | €64k | €51k | €38k | €15k | ▼ 59.1% |
| Plant, machinery and equipment23 | €9k | €6k | €4k | €1k | ▼ 75.5% |
| Furniture and vehicles24 | €55k | €45k | €33k | €14k | ▼ 57.1% |
| Current assets29/58 | €152k | €142k | €61k | €21k | ▼ 66.0% |
| Amounts receivable within one year40/41 | €92k | €113k | €51k | €2k | ▼ 95.3% |
| Trade receivables40 | €62k | €80k | - | €268 | - |
| Other amounts receivable41 | €30k | €33k | €51k | €2k | ▼ 95.8% |
| Cash at bank and in hand54/58 | €41k | €29k | €10k | €15k | ▲ 45.1% |
| Deferred charges and accrued income490/1 | €19k | €38 | - | €3k | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €216k | €192k | €99k | €62k | ▼ 37.3% |
| Equity10/15 | €105k | €77k | €35k | €49k | ▲ 38.2% |
| Contributions10/11 | €1k | €1k | €1k | €1k | = |
| Outside capital11 | €1k | - | - | - | - |
| Other1109/19 | €1k | - | - | - | - |
| Reserves13 | €104k | €76k | €76k | €76k | = |
| Distributable reserves133 | €104k | €76k | €76k | €76k | = |
| Profit (loss) carried forward14 | - | - | €-42k | €-28k | ▲ 32.2% |
| Amounts payable17/49 | €111k | €116k | €63k | €13k | ▼ 79.1% |
| Amounts payable after more than one year17 | €30k | €20k | €10k | €0 | ▼ 100% |
| Financial debts170/4 | €30k | €20k | €10k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €80k | €95k | €53k | €13k | ▼ 75.3% |
| Current portion of amounts payable after more than one year42 | €10k | €34k | €34k | €3k | ▼ 92.4% |
| Financial debts43 | €24k | - | - | - | - |
| Credit institutions430/8 | €24k | - | - | - | - |
| Trade debts44 | €15k | €56k | €19k | €8k | ▼ 58.2% |
| Suppliers440/4 | €15k | €56k | €19k | €8k | ▼ 58.2% |
| Advances received on contracts in progress46 | €5k | - | - | - | - |
| Taxes, remuneration and social security45 | €4k | €2k | - | €3k | - |
| Taxes450/3 | €2k | €2k | - | €3k | - |
| Remuneration and social security454/9 | €2k | - | - | - | - |
| Other amounts payable47/48 | €23k | €3k | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €134 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46k | €-28k | €-42k | €13k | ▲ 132% |
| + Depreciation and write-downs630 | €15k | €19k | €13k | €28k | ▲ 113% |
| Operating cash flow (approximation) | €61k | €-10k | €-29k | €42k | ▲ 245% |
| Investment in fixed assets (approximation) | - | €-6k | €0 | €-32k | - |
| Change in cash | - | €-13k | €-18k | €5k | ▲ 126% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 14 days late
2025
31-12
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 178 days late
31-03
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
2022
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Diksmuide · 1 establishment unit since 2011
Ground area
498 m²
Building footprint
139 m²
Parcel 32013B0281/00M002, Flanders. Linked by address, not a title deed.
1 establishment unit
DESVOVEILINGEN
since 20112.199.859.040
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32013B0281/00M002 | Flanders | 498 m² | 1 · 139 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 1,564 EUR awarded · 1,564 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,564 EUR | 1,564 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,957 companies in sector 47120 we hold annual accounts for 2,190. 1,504 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.