Skip to content

DIECOBEL

Active Private limited companyfounded 1995active for 31 yearsProcessiestraat 29, 8510 KortrijkKBO/BCE: BE 0455.009.479

Lifetime

19 annual accounts with figures on one time axis, 29 filings since 1996
peak €533,622 (2021)
€331,812▲ 10.1%
peak €242,951 (2021)
€114,335▲ 22.2%
peak €1.6m (2025)
€1.6m▲ 7.6%
€749,058▲ 41.2%
peak 2.8 FTE (2019)
1.4 FTEunchanged
Board4 names since 2004
3 directors and 2 others
Documentsfilings and deeds
12-06-202649 days before the deadline
2025abbreviated format
Dividend €833Debts from €530,427 to €749,058Investments €233,212Cash from €163,458 to €469,929

Key points

from the 2025 annual accounts

Equity

€1.6m ▲ 7.6%

DIECOBEL has made a profit in every financial year since 2007.

Turnover

≈ €780,000 estimated

The abbreviated format states no turnover.

Debts

€749,058 ▲ 41.2%
Financial debts
+55,374
Suppliers
+55,278
Taxes and wages
+29,165
The rest
+78,814

Debts rose by €218,632 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Staff

1 employees on 31-12-2025
552021452022442023442024332025

In 2025, 3 people joined and 3 left.

Filings

29 annual accounts since 1996
AprilJune31 JulyOctober200020102020

Two of the last ten came late. The 2017 accounts came latest: 30 days after the end of the period.

Position in the sector

€1.6m

More equity than 84% of companies in furniture. Sector median €348,335 · 329 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,035 companies had the same profile as DIECOBEL has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

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 17,035 companies, not a prediction for DIECOBEL. 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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Board and ownership

Director
Director
Director

Shares in 1 company,

Board & ownership

Recent changes

1 director appointed Changes of role: (director) and (director) · Appointment: (director) · “De exploitatie van een landbouwbedrijf in de ruimste zin van het woord,omvattende onder meer…” (deed in Dutch) · Gazette deed
Appointment: (director) General meeting of 31-03-2022 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0455009479
Capital decrease of €130,000 to €20,000 Capital from €150,000 to €20,000 · General meeting of 27-12-2017 · Gazette deed
All 40 events

Comparable companies

same main activity, similar in size and age
Company
DIECOBEL Kortrijk €2.4m €331,812 68.3% 1.4
SELECT STYLE Bruges €1.0m €439,910 60.9% 2
DAVID DE CABOOTER Kaprijke €1.8m €438,354 39.5% 1
Socquet Grez-Doiceau €1.9m €450,495 75.3% 1
ALEWATERS EN ZONEN Boortmeerbeek €1.6m €217,380 96.1% 2.8
Gervanimmo Kortemark €3.3m €636,474 52.5% 3
ELVEE Antwerp €2.2m €246,148 35.3% 3.7

These companies have the same main activity as DIECOBEL: manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004). They are comparable in size and age: total assets between €1m and €3.3m, founded between 1978 and 2004.

Official details

Source: KBO
Status
Active since 11-04-1995Normal situation
Activity
Manufacture of dining room, living room, bedroom and bathroom furnitureNACE 31004and 4 others
Joint committees
100Auxiliary committee for blue-collar workers
201Independent retail · annual accounts 2025
Establishment unit
2.071.695.8117522 Tournai, since 10-04-2002
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

€2.4m▲ 16.4%
Employeeson 31-12-2025
1=
Filing
Filed on 12-06-2026, 49 days before the end of the filing period
Financials

Insights on DIECOBEL

DIECOBEL files the abbreviated format. That format states no turnover. The gross margin rose from €131,664 in 2007 to €331,812 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 DIECOBEL

What is the company number of DIECOBEL?
The company number of DIECOBEL is 0455.009.479. The VAT number is the same number with BE in front: BE 0455.009.479.
Where is DIECOBEL based?
The registered office is at Processiestraat 29, 8510 Kortrijk.Company details
What does DIECOBEL do?
According to the KBO register, the main activity is manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004).
What is the legal form of DIECOBEL?
DIECOBEL is a private limited company (BV).
When was DIECOBEL founded?
DIECOBEL was founded on 11-04-1995.
Is DIECOBEL still active?
Yes, DIECOBEL is an active enterprise in the KBO register.
How many employees does DIECOBEL have?
DIECOBEL had an average of 1.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DIECOBEL fall under?
In its 2025 annual accounts, DIECOBEL states joint committees 100 (Auxiliary committee for blue-collar workers) and 201 (Independent retail).
What is the turnover of DIECOBEL?
The turnover in financial year 2025 is ≈ €780,000. This figure is estimated from the gross margin of €331,812 and 2,274 comparable companies of the same size. It probably lies between €470,000 and €1.3m. It is a rough estimate.
Is DIECOBEL profitable?
In financial year 2025, DIECOBEL made a profit of €114,335.
Where can I find the annual accounts of DIECOBEL?
DIECOBEL filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DIECOBEL due?
DIECOBEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.