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DETROIT

Active
Public limited companyfounded 1989active for 37 yearsTarwelaan(Kor) 53, 8500 Kortrijk, BelgiumKBO/BCE: BE 0437.155.244

From the official registers: KBO 36 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

DETROIT has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €25,123. Equity has been growing by about 4.8% per year since 2019. Its solvency ranks better than 81% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 28-03-1989 Normal situation
Activity
Development of residential building projects NACE 68121and 2 others
Establishment unit
2.111.986.542 8500 Kortrijk, since 15-01-2003
Financial year end
30 June
Peppol
Reachable since 16-10-2025

Board and ownership

Board
  • Maes DelfienDirector · since 23-01-2020
  • Van Troys CharlotteDirector · since 23-01-2020
  • White Blue Stable NVDirector · since 23-01-2020

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-06-2025
Gross margin
€179,765
▼ 19.5%
Turnover
≈ €320,000
estimated
Profit
€25,123
▼ 68.2%
Equity
€1.2m
▲ 2.2%
Total assets
€1.6m
▼ 3.3%
Filed on 19-12-2025, 43 days before the deadlinePDF
Score breakdownraises riskLiquidity: current ratio 0.14, cash €38,318lowers riskSize: total assets €1.6mFounded in 1989Figures for financial year 2025 (filed on 19-12-2025)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 98+4
equity 72.9% of total assets
Liquidity 42+1
short-term debt 27.1% · cash 2.4%
Profitability 59-13
return on assets 1.6%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: < 0.1%highest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.14 (0.13 in 2024), below 1. Short-term debt is 27.1% and cash 2.4% of total assets. 27.1% of the assets are financed with debt and provisions.
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 80% of them on solvency, 36% on liquidity, 48% on profitability and 52% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.14, cash €38,318
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 19-12-2025)
NBB · annual accounts
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 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
74 days early
2023
21 days early
2022
28 days early
2021
on the day
2020
5 days early
2019
17 days early
← 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 27 days before 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 3 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €78,951 to €25,123 ▼ 68.2% View
  • Positive: More equity than 93% of companies in real estatesector median €73,313 · 17,134 companies €1.2m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €25,123 7 years View
  • Flemish supportawarded from 2022 to 2025 €54,562 View

Comparable companies

These companies have the same main activity as DETROIT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.4m and €2m, founded between 1986 and 1992.

CompanyTotal assetsGross margin
DETROIT Kortrijk€1.6m€0.2m
GERVA Knokke-Heist€1.8m€0.2m
Willusta Oostende€1.7m€0.1m
KAPE Blankenberge€2.0m€0.2m
THUZ Waregem€1.8m€0.2m
Kookon Deerlijk€1.4m€0.1m
BRUXOPOLIS Elsene€1.5m€0.2m
Full comparison

Documents

Annual accounts at the NBB

All 36 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about DETROIT

What is the company number of DETROIT?
The company number of DETROIT is 0437.155.244. The VAT number is the same number with BE in front: BE 0437.155.244.
Where is DETROIT based?
The registered office is at Tarwelaan(Kor) 53, 8500 Kortrijk.Company details
What does DETROIT do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of DETROIT?
The legal form of DETROIT is Public limited company (NV).
When was DETROIT founded?
DETROIT was founded on 28-03-1989.
Is DETROIT still active?
Yes, DETROIT is an active enterprise in the KBO register.
What is the turnover of DETROIT?
The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €179,765 and 49 comparable companies (NACE 681). It probably lies between €240,000 and €600,000.Financials
Is DETROIT profitable?
In financial year 2025, DETROIT made a profit of €25,123.
Where can I find the annual accounts of DETROIT?
DETROIT filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of DETROIT due?
DETROIT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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