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DEZUTTER

Active
Private limited companyfounded 1977active for 49 yearsLangestraat 109, 8620 Nieuwpoort, BelgiumKBO/BCE: BE 0417.450.089
Summary

DEZUTTER has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €717,919 and a net result of -€42,239. Equity is growing by about 5% per year across the filed financial years. Its solvency ranks better than 82% of 757 sector peers (NACE 96, financial year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Financials · financial year 2024, abbreviated format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 26 October 2026.

Equity
€717,919▼ 5.6%
2023 · €760,159
Total assets
€970,606▼ 11.9%
2023 · €1.1m
Net result
-€42,239
2023 · €32,519
Working capital
€287,810▼ 6.7%
2023 · €308,600
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result turns negative in 2024: a loss of €36,226 after €39,319 in 2023, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.04m 2024 Net result-€0.04m 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 96, Personal service 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€0.1m-€0.03m▼ 70.6%€0.05m▲ 58.7%€0.2m▲ 260%€0.09m▼ 46.3%€0.04m▼ 56.4%-€0.04m
Net result€0.08m-€0.02m▼ 70.9%€0.04mwithin the sector's middle half▲ 53.1%€0.1mabove the sector's middle half▲ 269%€0.07mwithin the sector's middle half▼ 44.0%€0.03mwithin the sector's middle half▼ 55.6%-€0.04mbelow the sector's middle half
Equity€0.6m-€0.6m▲ 4.0%€0.5mabove the sector's middle half▼ 13.9%€0.7mabove the sector's middle half▲ 24.9%€0.7mabove the sector's middle half▲ 11.2%€0.8mabove the sector's middle half▲ 4.5%€0.7mabove the sector's middle half▼ 5.6%
Total assets€0.7m-€0.7m▲ 10.5%€0.6mwithin the sector's middle half▼ 18.3%€0.7mwithin the sector's middle half▲ 22.4%€0.8mwithin the sector's middle half▲ 5.2%€1.1mwithin the sector's middle half▲ 42.6%€1.0mwithin the sector's middle half▼ 11.9%
Debt€0.07m-€0.1m▲ 67.8%€0.07m▼ 42.0%€0.07m▲ 6.9%€0.04m▼ 47.1%€0.3m▲ 776%€0.3m▼ 24.7%
Working capital€0.4m-€0.4m▲ 8.9%€0.3mabove the sector's middle half▼ 23.0%€0.5mabove the sector's middle half▲ 51.2%€0.6mabove the sector's middle half▲ 14.6%€0.3mabove the sector's middle half▼ 44.7%€0.3mwithin the sector's middle half▼ 6.7%
Solvency88.1%-82.9%▼ 5.2pp87.3%above the sector's middle half▲ 4.5pp89.1%above the sector's middle half▲ 1.8pp94.2%above the sector's middle half▲ 5.1pp69.0%above the sector's middle half▼ 25.2pp74.0%above the sector's middle half▲ 5.0pp
Current ratio6.52-4.58▼ 1.945.76above the sector's middle half▲ 1.177.73above the sector's middle half▲ 1.9815.59above the sector's middle half▲ 7.863.63above the sector's middle half▼ 11.965.09above the sector's middle half▲ 1.46
Return on assets (ROA)12.0%-3.2%▼ 8.8pp5.9%within the sector's middle half▲ 2.8pp17.8%above the sector's middle half▲ 11.9pp9.5%within the sector's middle half▼ 8.3pp3.0%within the sector's middle half▼ 6.5pp-4.4%below the sector's middle half▼ 7.3pp
Staff (FTE)1.1-2.8▲ 155%2.1within the sector's middle half▼ 25.0%1.8below the sector's middle half▼ 14.3%1.4below the sector's middle half▼ 22.2%1.2below the sector's middle half▼ 14.3%1.9below the sector's middle half▲ 58.3%
above within below the middle half of NACE 96, Personal service 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.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €970,606
Fixed assets €612,369 ▼ 9.3%
Current assets €358,236 ▼ 15.9%
Equity and liabilities €970,606
Equity €717,919 ▼ 5.6%
Provisions €0 ▼ 100%
Debt €252,686 ▼ 24.7%
Debt's share of the balance-sheet total falls from 30.5% to 26.0%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€30,255▼
2023 · €73,177
Cash flow
€24,241▼
2023 · €66,377
Quick ratio
4.05▲
2023 · 2.92
Debt to equity
0.35▼
2023 · 0.44
ROE
-5.9%▼
2023 · 4.3%
Interest coverage
2.45▼
2023 · 8.51
Debt ≤ 1 year
€70,427▼
2023 · €117,472
Debt > 1 year
€182,260▼
2023 · €217,968
Staff costs
€108,353▲
2023 · €76,844
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 12,322 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.1m€1.0m▼
Fixed assets21/28€0.7m€0.6m▼
Tangible fixed assets22/27€0.7m€0.6m▼
Land and buildings22€0.5m€0.5m▼
Plant, machinery and equipment23€0.05m€0.04m▼
Furniture and vehicles24€0.1m€0.1m▼
Financial fixed assets28€0.006m€0.008m▲
Current assets29/58€0.4m€0.4m▼
Stocks and contracts in progress3€0.08m€0.07m▼
Stocks30/36€0.08m€0.07m▼
Amounts receivable within one year40/41€0.2m€0.1m▼
Trade receivables40€0.2m€0.1m▼
Other amounts receivable41€0.03m€0.009m▼
Cash at bank and in hand54/58€0.2m€0.1m▼
Deferred charges and accrued income490/1€0.006m€0.006m▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.0m▼
Equity10/15€0.8m€0.7m▼
Contributions10/11€0.02m€0.02m=
Reserves13€0.7m€0.7m▼
Tax-exempt reserves132€0.05m€0.04m▼
Distributable reserves133€0.7m€0.7m▼
Provisions and deferred taxes16€0.006m-
Deferred taxes168€0.006m-
Amounts payable17/49€0.3m€0.3m▼
Amounts payable after more than one year17€0.2m€0.2m▼
Financial debts170/4€0.2m€0.2m▼
Amounts payable within one year42/48€0.1m€0.07m▼
Current portion of amounts payable after more than one year42€0.03m€0.04m▲
Trade debts44€0.05m€0.006m▼
Suppliers440/4€0.05m€0.006m▼
Advances received on contracts in progress46€0.003m€0.005m▲
Taxes, remuneration and social security45€0.03m€0.02m▼
Taxes450/3€0.01m€0.004m▼
Remuneration and social security454/9€0.01m€0.02m▲
Other amounts payable47/48€0.003m€0.001m▼
Income statement Code20232024
Remuneration, social security and pensions62€0.08m€0.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.07m▲
Other operating charges640/8€0.002m€0.003m▲
Gross operating margin9900€0.2m€0.1m▼
Operating profit (loss)9901€0.04m-€0.04m▼
Financial income75/76B€0.001m€400▼
Recurring financial income75€0.001m€400▼
Financial charges65/66B€0.009m€0.01m▲
Recurring financial charges65€0.009m€0.01m▲
Profit (loss) for the period before taxes9903€0.03m-€0.05m▼
Transfer from deferred taxes780€0.001m€0.006m▲
Income taxes67/77€49-
Profit (loss) for the period9904€0.03m-€0.04m▼
Transfer from tax-exempt reserves789€0.001m€0.01m▲
Profit (loss) for the period to be appropriated9905€0.03m-€0.03m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.03m-€0.03m▼
Transfer from equity791/2-€0.03m
Transfer to equity691/2€0.03m-
To other reserves6921€0.03m-
Social balance sheet
Average headcount (FTE)90871.21.9▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Remuneration, social security and pensions62----€73,158€76,844€108,353▲ 41.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,387€14,616€13,434€14,968€16,329€33,858€66,481▲ 96.4%
Other operating charges640/8----€3,027€1,797€2,641▲ 47.0%
Gross operating margin9900€201,610€166,214€197,029€281,949€182,614€151,818€141,249▼ 7.0%
Operating profit (loss)9901€99,885€29,365€46,597€167,836€90,100€39,319-€36,226-
Financial income75/76B----€96€1,081€400▼ 63.0%
Recurring financial income75€202€129€218€4€96€1,081€400▼ 63.0%
Financial charges65/66B----€162€8,602€12,328▲ 43.3%
Recurring financial charges65€446€192€248€146€162€8,602€12,328▲ 43.3%
Profit (loss) for the period before taxes9903€99,641€29,302€46,566€167,694€90,034€31,798-€48,153-
Transfer from deferred taxes780----€770€770€5,914▲ 668%
Income taxes67/77€21,016€6,919€11,893€37,784€17,618€49--
Profit (loss) for the period9904€79,637€23,153€35,443€130,680€73,185€32,519-€42,239-
Transfer from tax-exempt reserves789----€1,495€1,495€11,486▲ 668%
Profit (loss) for the period to be appropriated9905€81,601€24,648€61,155€132,175€74,680€34,014-€30,754-
Line2018201920202021202220232024Change
Assets
Total assets20/58€0.7m€0.7m€0.6m€0.7m€0.8m€1.1m€1.0m▼ 11.9%
Fixed assets21/28€0.2m€0.2m€0.2m€0.2m€0.2m€0.7m€0.6m▼ 9.3%
Tangible fixed assets22/27€0.2m€0.2m€0.2m€0.2m€0.2m€0.7m€0.6m▼ 9.7%
Land and buildings22----€0.2m€0.5m€0.5m▼ 5.7%
Plant, machinery and equipment23----€0.01m€0.05m€0.04m▼ 24.7%
Furniture and vehicles24----€0.006m€0.1m€0.1m▼ 19.7%
Financial fixed assets28€0.001m----€0.006m€0.008m▲ 34.2%
Current assets29/58€0.5m€0.5m€0.4m€0.6m€0.6m€0.4m€0.4m▼ 15.9%
Stocks and contracts in progress3€0.1m€0.1m€0.1m€0.09m€0.07m€0.08m€0.07m▼ 12.2%
Stocks30/36----€0.07m€0.08m€0.07m▼ 12.2%
Amounts receivable within one year40/41€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.1m▼ 19.7%
Trade receivables40----€0.2m€0.2m€0.1m▼ 10.8%
Other amounts receivable41----€0.02m€0.03m€0.009m▼ 67.2%
Cash at bank and in hand54/58€0.1m€0.2m€0.02m€0.3m€0.4m€0.2m€0.1m▼ 14.3%
Deferred charges and accrued income490/1----€0.004m€0.006m€0.006m▲ 3.8%
Equity and liabilities
Total equity and liabilities10/49€0.7m€0.7m€0.6m€0.7m€0.8m€1.1m€1.0m▼ 11.9%
Equity10/15€0.6m€0.6m€0.5m€0.7m€0.7m€0.8m€0.7m▼ 5.6%
Contributions10/11€0.02m€0.02m--€0.02m€0.02m€0.02m=
Reserves13€0.6m€0.6m€0.5m€0.6m€0.7m€0.7m€0.7m▼ 5.7%
Tax-exempt reserves132----€0.05m€0.05m€0.04m▼ 24.4%
Distributable reserves133----€0.7m€0.7m€0.7m▼ 4.4%
Profit (loss) carried forward14€0.003m€0.003m€0.004m€0.006m----
Provisions and deferred taxes16€0.01m€0.009m€0.008m€0.007m€0.007m€0.006m--
Deferred taxes168----€0.007m€0.006m--
Amounts payable17/49€0.07m€0.1m€0.07m€0.07m€0.04m€0.3m€0.3m▼ 24.7%
Amounts payable after more than one year17-----€0.2m€0.2m▼ 16.4%
Financial debts170/4-----€0.2m€0.2m▼ 16.4%
Amounts payable within one year42/48€0.07m€0.1m€0.07m€0.07m€0.04m€0.1m€0.07m▼ 40.0%
Current portion of amounts payable after more than one year42-----€0.03m€0.04m▲ 4.8%
Trade debts44€0.04m€0.06m€0.05m€0.03m€0.02m€0.05m€0.006m▼ 88.3%
Suppliers440/4----€0.02m€0.05m€0.006m▼ 88.3%
Advances received on contracts in progress46----€0.008m€0.003m€0.005m▲ 71.4%
Taxes, remuneration and social security45----€0.005m€0.03m€0.02m▼ 13.6%
Taxes450/3----€0.003m€0.01m€0.004m▼ 71.8%
Remuneration and social security454/9----€0.003m€0.01m€0.02m▲ 56.2%
Other amounts payable47/48----€0.001m€0.003m€0.001m▼ 47.0%
Line2018201920202021202220232024Change
Profit (loss) for the period9904€79,637€23,153€35,443€130,680€73,185€32,519-€42,239-
+ Depreciation and write-downs630€15,387€14,616€13,434€14,968€16,329€33,858€66,481▲ 96.4%
Operating cash flow (approximation)€95,023€37,769€48,878€145,648€89,514€66,377€24,241▼ 63.5%
Investment in fixed assets (approximation)--€2,916-€24,217€20,187-€17,548-€533,415-€3,410▲ 99.4%
Change in cash-€50,241-€169,374€245,501€83,451-€193,762-€22,664▲ 88.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 48 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 abbreviated format 24-07-2025 2025-00311427
31-12-2023 abbreviated format 07-06-2024 2024-00119854
31-12-2022 abbreviated format 01-09-2023 2023-00426875
31-12-2021 abbreviated format 14-03-2022 2022-07600454
31-12-2020 abbreviated format 11-03-2021 2021-07300453
31-12-2019 abbreviated format 19-03-2020 2020-07000279
31-12-2018 abbreviated format 15-02-2019 2019-05100557
31-12-2017 abbreviated format 19-03-2018 2018-07100373
31-12-2016 abbreviated format 04-04-2017 2017-09100257
31-12-2015 abbreviated format 23-03-2016 2016-07200159

Show all 48 filings

Similar companies · same sector, comparable size

Of the 894 active companies whose main activity is funeral services (NACE 96301), figures are known for 618. 485 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 · 1 entry · €2,000 awarded · €2,000 paid
Schemes
1 entry · €2,000 · €2,000 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.