DIESTELL
ActiveSummary
DIESTELL has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77,911 and a net result of -€33,359. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 37% of 550 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability3▼-80
Solvency55▼-45
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 19.41 against 4.2 in 2024; short-term debt: 4.5% and cash: 8.3% of total assets), but 70.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.5%
Return on assets
-12.6%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
16 d early
2023
8 d early
2022
6 d early
2021
5 d early
2020
8 d early
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 24 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€77,911▼ 30.0%
2024 · €111,270
Total assets
€263,813▲ 89.6%
2024 · €139,105
Net result
-€33,359
2024 · €16,032
Working capital
€217,653▲ 145%
2024 · €89,015
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€25,203€44,721▲ 77.4%€42,717▼ 4.5%€22,438▼ 47.5%-€29,847
Net result€22,983within the sector's middle half€31,062above the sector's middle half▲ 35.1%€29,830above the sector's middle half▼ 4.0%€16,032within the sector's middle half▼ 46.3%-€33,359below the sector's middle half
Equity€90,445within the sector's middle half▲ 34.1%€74,913within the sector's middle half▼ 17.2%€95,238within the sector's middle half▲ 27.1%€111,270within the sector's middle half▲ 16.8%€77,911within the sector's middle half▼ 30.0%
Total assets€162,595within the sector's middle half▲ 17.8%€183,885within the sector's middle half▲ 13.1%€131,346within the sector's middle half▼ 28.6%€139,105within the sector's middle half▲ 5.9%€263,813within the sector's middle half▲ 89.6%
Debt€72,150▲ 2.2%€108,972▲ 51.0%€36,109▼ 66.9%€27,836▼ 22.9%€185,902▲ 568%
Working capital€87,957within the sector's middle half▲ 101%€64,891within the sector's middle half▼ 26.2%€78,505within the sector's middle half▲ 21.0%€89,015within the sector's middle half▲ 13.4%€217,653above the sector's middle half▲ 145%
Solvency55.6%within the sector's middle half▲ 6.8pp40.7%within the sector's middle half▼ 14.9pp72.5%above the sector's middle half▲ 31.8pp80.0%above the sector's middle half▲ 7.5pp29.5%within the sector's middle half▼ 50.5pp
Current ratio2.90above the sector's middle half▲ 0.421.66within the sector's middle half▼ 1.243.17within the sector's middle half▲ 1.524.20above the sector's middle half▲ 1.0219.41above the sector's middle half▲ 15.21
Return on assets (ROA)14.1%above the sector's middle half▲ 14.7pp16.9%above the sector's middle half▲ 2.8pp22.7%above the sector's middle half▲ 5.8pp11.5%within the sector's middle half▼ 11.2pp-12.6%below the sector's middle half▼ 24.2pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €29,847 after €22,438 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €263,813
Fixed assets
€34,337 ▲ 54.3%
Current assets
€229,476 ▲ 96.4%
Equity and liabilities €263,813
Equity
€77,911 ▼ 30.0%
Debt
€185,902 ▲ 568%
Debt's share of the balance-sheet total rises from 20.0% to 70.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€23,127▼
2024 · €26,179
Cash flow
-€26,639▼
2024 · €19,774
Quick ratio
6.40▲
2024 · 4.20
Debt to equity
2.39▲
2024 · 0.25
ROE
-42.8%▼
2024 · 14.4%
Interest coverage
-5.05▼
2024 · 13.54
Debt ≤ 1 year
€11,822▼
2024 · €27,836
Debt > 1 year
€174,080
Income taxes
€186▼
2024 · €6,837
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,294 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
6.0%
stopped otherwise
90%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 1,294 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,256 | €8,590 | €3,689 | €3,741 | €6,720 | ▲ 79.6% |
| Other operating charges640/8 | €7,324 | €1,816 | €1,213 | €2,314 | €1,858 | ▼ 19.7% |
| Gross operating margin9900 | €41,783 | €55,128 | €47,618 | €28,493 | -€21,269 | ▼ 175% |
| Operating profit (loss)9901 | €25,203 | €44,721 | €42,717 | €22,438 | -€29,847 | ▼ 233% |
| Financial income75/76B | €1,373 | €438 | €1,706 | €2,364 | €1,254 | ▼ 47.0% |
| Recurring financial income75 | €1,373 | €438 | €1,706 | €2,364 | €1,254 | ▼ 47.0% |
| Financial charges65/66B | €1,055 | €2,924 | €2,375 | €1,933 | €4,580 | ▲ 137% |
| Recurring financial charges65 | €1,055 | €2,924 | €2,375 | €1,933 | €4,580 | ▲ 137% |
| Profit (loss) for the period before taxes9903 | €25,521 | €42,236 | €42,048 | €22,870 | -€33,173 | ▼ 245% |
| Income taxes67/77 | €2,538 | €11,174 | €12,218 | €6,837 | €186 | ▼ 97.3% |
| Profit (loss) for the period9904 | €22,983 | €31,062 | €29,830 | €16,032 | -€33,359 | ▼ 308% |
| Profit (loss) for the period to be appropriated9905 | €22,983 | €31,062 | €29,830 | €16,032 | -€33,359 | ▼ 308% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €162,595 | €183,885 | €131,346 | €139,105 | €263,813 | ▲ 89.6% |
| Fixed assets21/28 | €28,251 | €20,421 | €16,733 | €22,254 | €34,337 | ▲ 54.3% |
| Tangible fixed assets22/27 | €28,251 | €20,421 | €16,733 | €22,254 | €34,337 | ▲ 54.3% |
| Plant, machinery and equipment23 | €6,345 | €4,081 | €2,320 | €3,478 | €8,358 | ▲ 140% |
| Furniture and vehicles24 | €3,637 | - | - | €6,292 | €15,423 | ▲ 145% |
| Other tangible fixed assets26 | €18,269 | €16,341 | €14,413 | €12,484 | €10,556 | ▼ 15.4% |
| Current assets29/58 | €134,344 | €163,464 | €114,614 | €116,851 | €229,476 | ▲ 96.4% |
| Stocks and contracts in progress3 | - | - | - | - | €153,795 | - |
| Stocks30/36 | - | - | - | - | €153,795 | - |
| Amounts receivable within one year40/41 | €64,806 | €75,914 | €82,496 | €23,175 | €4,726 | ▼ 79.6% |
| Trade receivables40 | €36,517 | €74,979 | €12,308 | €22,741 | €3,520 | ▼ 84.5% |
| Other amounts receivable41 | €28,289 | €936 | €70,188 | €434 | €1,206 | ▲ 178% |
| Current investments50/53 | - | - | - | - | €45,258 | - |
| Cash at bank and in hand54/58 | €67,206 | €85,097 | €28,996 | €90,450 | €22,012 | ▼ 75.7% |
| Deferred charges and accrued income490/1 | €2,333 | €2,452 | €3,122 | €3,226 | €3,685 | ▲ 14.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €162,595 | €183,885 | €131,346 | €139,105 | €263,813 | ▲ 89.6% |
| Equity10/15 | €90,445 | €74,913 | €95,238 | €111,270 | €77,911 | ▼ 30.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €71,845 | €56,313 | €76,638 | €92,670 | €92,670 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €69,985 | €54,453 | €76,638 | €92,670 | €92,670 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€33,359 | - |
| Amounts payable17/49 | €72,150 | €108,972 | €36,109 | €27,836 | €185,902 | ▲ 568% |
| Amounts payable after more than one year17 | €25,763 | €10,399 | - | - | €174,080 | - |
| Financial debts170/4 | €25,763 | €10,399 | - | - | €174,080 | - |
| Amounts payable within one year42/48 | €46,387 | €98,573 | €36,109 | €27,836 | €11,822 | ▼ 57.5% |
| Current portion of amounts payable after more than one year42 | €15,086 | €15,364 | €10,399 | - | - | - |
| Trade debts44 | €17,662 | €54,837 | €2,358 | €4,132 | €4,390 | ▲ 6.2% |
| Suppliers440/4 | €17,662 | €54,837 | €2,358 | €4,132 | €4,390 | ▲ 6.2% |
| Advances received on contracts in progress46 | - | - | - | €10,890 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €13,639 | €24,372 | €23,352 | €8,648 | €927 | ▼ 89.3% |
| Taxes450/3 | €13,639 | €24,372 | €23,352 | €8,648 | €927 | ▼ 89.3% |
| Other amounts payable47/48 | - | €4,000 | - | €4,165 | €6,506 | ▲ 56.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,983 | €31,062 | €29,830 | €16,032 | -€33,359 | ▼ 308% |
| + Depreciation and write-downs630 | €9,256 | €8,590 | €3,689 | €3,741 | €6,720 | ▲ 79.6% |
| Operating cash flow (approximation) | €32,240 | €39,652 | €33,519 | €19,774 | -€26,639 | ▼ 235% |
| Investment in fixed assets (approximation) | - | -€761 | €0 | -€9,263 | -€18,803 | ▼ 103% |
| Change in cash | - | €17,892 | -€56,101 | €61,454 | -€68,438 | ▼ 211% |
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
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet -€33,359
Net result drops to -€33,359, the lowest in the series.
30-09
Financial
Liquidity times 5current ratio 19.41
Current ratio from 4.20 to 19.41; short-term debt falls from €27,836 to €11,822.
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €100,000Eq €111,270 ▲16.8%
4 profitable years in a row build equity to €111,270.
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2019net €31,062 ▲35.1%
Operating result €44,721, net result €31,062, both a record.
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €22,983
Net result €22,983 after 2 loss-making years.
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Haacht · 1 establishment unit since 2012
Ground area
843 m²
Building footprint
84 m²
Parcel 24033F0587/00M003, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SVH KEUKENMONTAGE
since 20122.208.601.116
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24033F0587/00M003 | Flanders | 843 m² | 1 · 84 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.
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Company details
Identification
Legal formPrivate limited company
Founded03-04-2012
Fiscal year end30-09
Activities, NACEBEL 2025
16110Sawmilling and planing of wood
E-invoicing
Reachable via Peppol
Peppol ID
0208:0845003820
Also
9925:BE0845003820
Registered
30-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.