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DIPHANO

Active
Private limited companyfounded 2020active for 6 yearsBeverenstraat 13-17, 8540 Deerlijk, BelgiumKBO/BCE: BE 0753.929.629
Summary

DIPHANO has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.4m and a net result of €3.2m. Equity has been growing by about 29% per year since 2021. Its solvency ranks better than 82% of 152 sector peers (NACE 31, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 10-09-2020 Normal situation
Activity
Manufacture of furniture NACE 31009and 2 others
Joint committee
126 Paritair Comité voor de stoffering en de houtbewerking · annual accounts 2025
Establishment unit
2.307.176.573 8540 Deerlijk, since 10-09-2020
Financial year end
31 December
Peppol
Reachable since 20-12-2025

Board and ownership

Board
  • De Winter StephaneDirector

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Turnover
€2.0m
▼ 43.9%
Operating revenue
€7.7m
▲ 112%
Profit
€3.2m
Equity
€5.4m
▲ 145%
Total assets
€7.0m
▲ 62.1%
Employees on 31-12-2025
3
▲ 50.0%
Score breakdownraises risk1 change of registered office in 24 monthsFounded in 2020Liquidity: current ratio 6.29, cash €175,890lowers riskFigures for financial year 2025 (filed on 20-07-2026)Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 71% of micro companies in furniture (NACE 31)
Financial strength · tick: 2024
Strong
Solvency 100+24
equity 76.8% of total assets
Liquidity 50+23
short-term debt 15.5% · cash 2.5%
Profitability 100+100
return on assets 45.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (830 companies, NACE 31, micro)
Last 24 months 12-2024: 0.9% 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 1.6%▲ +0.7 percentage points vs 02-2025 04-2025: 1.9%▲ +0.3 percentage points vs 03-2025 05-2025: 2.3%▲ +0.4 percentage points vs 04-2025 06-2025: 2.6%▲ +0.3 percentage points vs 05-2025 07-2025: 2.5%▼ -0.1 percentage points vs 06-2025 08-2025: 2.2%▼ -0.3 percentage points vs 07-2025 09-2025: 2.2%● unchanged vs 08-2025 10-2025: 2.2%● unchanged vs 09-2025 11-2025: 2.2%● unchanged vs 10-2025 12-2025: 2.2%● unchanged vs 11-2025 01-2026: 2.1%▼ -0.1 percentage points vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.4%▲ +0.3 percentage points vs 03-2026 05-2026: 2.6%▲ +0.2 percentage points vs 04-2026 06-2026: 2.8%▲ +0.2 percentage points vs 05-2026 07-2026: 2.9%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.8%▼ -2.1 percentage points vs 07-2026lowest value 09-2026: 0.8%● unchanged vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026lowest value 11-2026: 0.8%● unchanged vs 10-2026lowest value
Credit of up to €200,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.29 (1.94 in 2024), above the usual 1.5. Short-term debt is 15.5% and cash 2.5% of total assets. 23.2% 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 31, micro). It does better than 91% of them on solvency, 46% on liquidity, 95% on profitability and 53% on growth.

The bankruptcy probability was computed on 04-11-2026 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
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 20-07-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 6.29, cash €175,890
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
11 days early
2024
8 days early
2023
44 days early
2022
25 days early
2021
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 18 days before the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (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
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, full format

Annual accounts 2025 filed on 20-07-2026 at the NBB all 5 filings

Turnover
€2.0m▼ 43.9%
2024 · €3.6m
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
€3.2m
2024 · -€890,085
Working capital
€5.8m▲ 192%
2024 · €2.0m
Multi-year overview
2021 to 2025, 5 financial years
Turnover
€2.0m
▼ 43.9% 2025
20212025
Operating result
€4.0m
2025
20212025
Net result
€3.2m
2025
highest quarter of the sector
20212025
Equity
€5.4m
▲ 145% 2025
highest quarter of the sector
20212025
Total assets
€7.0m
▲ 62.1% 2025
middle half of the sector
20212025
Debt
€1.6m
▼ 23.6% 2025
20212025
Working capital
€5.8m
▲ 192% 2025
highest quarter of the sector
20212025
Solvency
76.8%
▲ 26.0pp 2025
highest quarter of the sector
20212025
Current ratio
6.29
▲ 4.35 2025
highest quarter of the sector
20212025
Return on assets (ROA)
45.5%
▲ 66.0pp 2025
highest quarter of the sector
20212025
Staff (FTE)
1.5
▼ 57.1% 2025
lowest quarter of the sector
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Turnover€7.1m-€9.0m▲ 26.7%€5.8m▼ 35.2%€3.6m▼ 38.0%€2.0m▼ 43.9%
Operating result€0.6m-€1.1m▲ 80.1%€0.7m▼ 38.0%-€0.7m€4.0m
Net result€0.4mwithin the sector's middle half-€1.0mabove the sector's middle half▲ 128%€0.4mabove the sector's middle half▼ 64.9%-€0.9mbelow the sector's middle half€3.2mabove the sector's middle half
Equity€1.7mwithin the sector's middle half-€2.7mwithin the sector's middle half▲ 57.8%€3.1mwithin the sector's middle half▲ 12.9%€2.2mwithin the sector's middle half▼ 28.8%€5.4mabove the sector's middle half▲ 145%
Total assets€6.1mwithin the sector's middle half-€7.4mwithin the sector's middle half▲ 21.0%€6.4mwithin the sector's middle half▼ 13.8%€4.3mwithin the sector's middle half▼ 32.0%€7.0mwithin the sector's middle half▲ 62.1%
Debt€4.4m-€4.6m▲ 5.2%€3.3m▼ 28.6%€2.1m▼ 34.9%€1.6m▼ 23.6%
Working capital€1.6mwithin the sector's middle half-€3.3mabove the sector's middle half▲ 110%€2.7mabove the sector's middle half▼ 16.8%€2.0mwithin the sector's middle half▼ 27.1%€5.8mabove the sector's middle half▲ 192%
Solvency28.4%within the sector's middle half-37.0%within the sector's middle half▲ 8.6pp48.5%within the sector's middle half▲ 11.5pp50.8%within the sector's middle half▲ 2.3pp76.8%above the sector's middle half▲ 26.0pp
Current ratio1.41within the sector's middle half-1.93within the sector's middle half▲ 0.521.84within the sector's middle half▼ 0.091.94within the sector's middle half▲ 0.106.29above the sector's middle half▲ 4.35
Return on assets (ROA)7.2%within the sector's middle half-13.6%above the sector's middle half▲ 6.4pp5.5%within the sector's middle half▼ 8.0pp-20.5%below the sector's middle half▼ 26.1pp45.5%above the sector's middle half▲ 66.0pp
Staff (FTE)8.3within the sector's middle half-8.8within the sector's middle half▲ 6.0%6.8within the sector's middle half▼ 22.7%3.5below the sector's middle half▼ 48.5%1.5below the sector's middle half▼ 57.1%
above within below The sector band is the middle half of the companies in Manufacture of furniture (NACE 31). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a profit of €4.0m, after a loss of €718,425 in 2024. It is the highest result since 2021.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.0m
Fixed assets €158,687 ▼ 36.2%
Current assets €6.9m ▲ 68.0%
Equity and liabilities €7.0m
Equity €5.4m ▲ 145%
Debt €1.6m ▼ 23.6%
Debt's share of the balance-sheet total falls from 49.2% to 23.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4.1m▲
2024 · -€545,765
Cash flow
€3.3m▲
2024 · -€717,425
Quick ratio
3.66▲
2024 · 0.05
Debt to equity
0.30▼
2024 · 0.97
ROE
59.2%▲
2024 · -40.4%
Interest coverage
47.01▲
2024 · -3.19
Debt ≤ 1 year
€1.1m▼
2024 · €2.1m
Debt > 1 year
€6,259▼
2024 · €21,550
Income taxes
€810,229▲
2024 · €634
Customer credit
48 days▲
2024 · 5 days
Supplier credit
1 day▼
2024 · 56 days
Staff costs
€160,153▼
2024 · €359,559
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date87623
full-time87622
part-time----1
in full-time equivalents87622.9
Average over the year, in full-time equivalents8.38.86.83.51.5
On a permanent contract87623
Joined113122
Left34261
Agency workers, average number-0.51.20.1-
Training hours--12--

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20212022202320242025
Debts secured on the company's own assets€2.0m€1.7m€1.2m€1.3m€21,118
Pledge on the business€2.3m€2.3m€2.3m€2.3m€2.3m

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€1.7m€100,137€19,280€1,075€4,273
Intangible fixed assets€117,720---€3,403
Depreciation and write-downs of the year€259,486€221,683€222,451€172,660€97,639

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 to 2024 · 3 entries · €10,000 awarded · €10,104 paid
Year Entries AwardedPaid
2024 1 €5,000€5,000
2023 1 €0€104
2022 1 €5,000€5,000
Schemes
2 entries · €10,000 · €10,000 paid · Vlaams Agentschap voor Internationaal Ondernemen
1 entry · €104 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 77 lines
Balance sheet Code20242025
Assets
Total assets20/58€4.3m€7.0m▲
Fixed assets21/28€0.2m€0.2m▼
Intangible fixed assets21€0.001m€0.003m▲
Tangible fixed assets22/27€0.2m€0.2m▼
Plant, machinery and equipment23€0.03m€0.02m▼
Furniture and vehicles24€0.03m€0.02m▼
Other tangible fixed assets26€0.2m€0.1m▼
Current assets29/58€4.1m€6.9m▲
Amounts receivable after more than one year29-€3.5m
Trade receivables290-€2.2m
Other amounts receivable291-€1.3m
Stocks and contracts in progress3€4.0m€2.9m▼
Stocks30/36€4.0m€2.9m▼
Raw materials and consumables30/31€0.2m€0.1m▼
Goods purchased for resale34€3.6m€2.4m▼
Advance payments36€0.3m€0.3m▲
Amounts receivable within one year40/41€0.07m€0.3m▲
Trade receivables40€0.05m€0.3m▲
Other amounts receivable41€0.01m€0.06m▲
Cash at bank and in hand54/58€0.03m€0.2m▲
Deferred charges and accrued income490/1€0.007m€0.007m▼
Equity and liabilities
Total equity and liabilities10/49€4.3m€7.0m▲
Equity10/15€2.2m€5.4m▲
Contributions10/11€0.008m€0.008m=
Reserves13€2.2m€5.4m▲
Non-distributable reserves130/1€316€0▼
Reserves not available under the articles1311€316€0▼
Tax-exempt reserves132-€1.0m
Distributable reserves133€2.2m€4.4m▲
Amounts payable17/49€2.1m€1.6m▼
Amounts payable after more than one year17€0.02m€0.006m▼
Financial debts170/4€0.02m€0.006m▼
Credit institutions173€0.02m€0.006m▼
Amounts payable within one year42/48€2.1m€1.1m▼
Current portion of amounts payable after more than one year42€0.02m€0.01m▼
Financial debts43€1.3m€0▼
Credit institutions430/8€1.3m€0▼
Trade debts44€0.3m€0.003m▼
Suppliers440/4€0.3m€0.003m▼
Advances received on contracts in progress46€0.06m€0.3m▲
Taxes, remuneration and social security45€0.07m€0.6m▲
Taxes450/3€0.04m€0.6m▲
Remuneration and social security454/9€0.03m€0.02m▼
Other amounts payable47/48€0.4m€0.2m▼
Accrued charges and deferred income492/3€0.005m€0.5m▲
Income statement Code20242025
Operating income70/76A€3.6m€7.7m▲
Turnover70€3.6m€2.0m▼
Other operating income74€0.01m€5.6m▲
Operating charges60/66A€4.3m€3.6m▼
Goods for resale, raw materials and consumables60€2.1m€1.0m▼
Purchases600/8€1.2m€0.3m▼
Change in stocks: decrease (increase)609€1.0m€0.8m▼
Services and other goods61€1.5m€1.9m▲
Remuneration, social security and pensions62€0.4m€0.2m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.1m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.2m€0.4m▲
Other operating charges640/8€0.04m€0.05m▲
Operating profit (loss)9901-€0.7m€4.0m▲
Financial income75/76B€0.04m€0.07m▲
Recurring financial income75€0.04m€0.07m▲
Other financial income752/9€0.04m€0.07m▲
Financial charges65/66B€0.2m€0.1m▼
Recurring financial charges65€0.2m€0.1m▼
Debt charges650€0.2m€0.09m▼
Other financial charges652/9€0.04m€0.02m▼
Profit (loss) for the period before taxes9903-€0.9m€4.0m▲
Income taxes67/77€0.001m€0.8m▲
Taxes670/3€0.001m€0.8m▲
Profit (loss) for the period9904-€0.9m€3.2m▲
Transfer to tax-exempt reserves689-€1.0m
Profit (loss) for the period to be appropriated9905-€0.9m€2.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.9m€2.2m▲
Transfer from equity791/2€0.9m€0▼
From reserves792€0.9m€0▼
Transfer to equity691/2-€2.2m
To other reserves6921-€2.2m
Social balance sheet
Average headcount (FTE)90873.51.5▼

The notes to these accounts have 63 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 20-07-2026.

Line20212022202320242025Change
Operating income70/76A€7.1m€9.0m€5.8m€3.6m€7.7m▲ 112%
Turnover70€7.1m€9.0m€5.8m€3.6m€2.0m▼ 43.9%
Other operating income74€0.007m€0.02m€0.03m€0.01m€5.6m▲ 453×
Operating charges60/66A€6.5m€7.9m€5.2m€4.3m€3.6m▼ 16.3%
Goods for resale, raw materials and consumables60€2.7m€3.5m€2.1m€2.1m€1.0m▼ 52.0%
Purchases600/8€3.3m€5.6m€2.2m€1.2m€0.3m▼ 77.8%
Change in stocks: decrease (increase)609-€0.6m-€2.1m-€0.1m€1.0m€0.8m▼ 21.2%
Services and other goods61€2.6m€3.3m€1.6m€1.5m€1.9m▲ 28.5%
Remuneration, social security and pensions62€0.6m€0.6m€0.5m€0.4m€0.2m▼ 55.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.3m€0.2m€0.2m€0.2m€0.1m▼ 43.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.3m€0.2m€0.8m€0.2m€0.4m▲ 127%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0.06m-€0.06m---
Other operating charges640/8€0.009m€0.04m€0.04m€0.04m€0.05m▲ 35.6%
Operating profit (loss)9901€0.6m€1.1m€0.7m-€0.7m€4.0m-
Financial income75/76B€0.09m€0.4m€0.08m€0.04m€0.07m▲ 70.1%
Recurring financial income75€0.09m€0.4m€0.08m€0.04m€0.07m▲ 70.1%
Other financial income752/9€0.09m€0.4m€0.08m€0.04m€0.07m▲ 70.1%
Financial charges65/66B€0.1m€0.2m€0.3m€0.2m€0.1m▼ 50.9%
Recurring financial charges65€0.1m€0.2m€0.3m€0.2m€0.1m▼ 50.9%
Debt charges650€0.05m€0.07m€0.2m€0.2m€0.09m▼ 48.5%
Other financial charges652/9€0.06m€0.09m€0.1m€0.04m€0.02m▼ 61.0%
Profit (loss) for the period before taxes9903€0.6m€1.3m€0.5m-€0.9m€4.0m-
Income taxes67/77€0.1m€0.3m€0.1m€0.001m€0.8m▲ 1,278×
Taxes670/3€0.1m€0.3m€0.1m€0.001m€0.8m▲ 1,278×
Profit (loss) for the period9904€0.4m€1.0m€0.4m-€0.9m€3.2m-
Transfer from tax-exempt reserves789--€0.1m---
Transfer to tax-exempt reserves689----€1.0m-
Profit (loss) for the period to be appropriated9905€0.4m€1.0m€0.5m-€0.9m€2.2m-
Line20212022202320242025Change
Assets
Total assets20/58€6.1m€7.4m€6.4m€4.3m€7.0m▲ 62.1%
Fixed assets21/28€0.7m€0.6m€0.4m€0.2m€0.2m▼ 36.2%
Intangible fixed assets21€0.05m€0.02m€0.002m€0.001m€0.003m▲ 426%
Tangible fixed assets22/27€0.7m€0.6m€0.4m€0.2m€0.2m▼ 37.4%
Plant, machinery and equipment23€0.04m€0.07m€0.05m€0.03m€0.02m▼ 44.1%
Furniture and vehicles24€0.007m€0.05m€0.04m€0.03m€0.02m▼ 25.3%
Other tangible fixed assets26€0.7m€0.5m€0.3m€0.2m€0.1m▼ 37.9%
Current assets29/58€5.4m€6.8m€6.0m€4.1m€6.9m▲ 68.0%
Amounts receivable after more than one year29----€3.5m-
Trade receivables290----€2.2m-
Other amounts receivable291----€1.3m-
Stocks and contracts in progress3€4.2m€6.2m€5.3m€4.0m€2.9m▼ 28.0%
Stocks30/36€4.2m€6.2m€5.3m€4.0m€2.9m▼ 28.0%
Raw materials and consumables30/31€0.07m€0.1m€0.2m€0.2m€0.1m▼ 9.3%
Goods purchased for resale34€3.5m€5.4m€4.7m€3.6m€2.4m▼ 32.1%
Advance payments36€0.6m€0.6m€0.4m€0.3m€0.3m▲ 15.3%
Amounts receivable within one year40/41€1.1m€0.6m€0.5m€0.07m€0.3m▲ 394%
Trade receivables40€0.9m€0.3m€0.4m€0.05m€0.3m▲ 414%
Other amounts receivable41€0.2m€0.3m€0.07m€0.01m€0.06m▲ 324%
Cash at bank and in hand54/58€0.07m€0.02m€0.2m€0.03m€0.2m▲ 518%
Deferred charges and accrued income490/1€0.02m€0.007m€0.007m€0.007m€0.007m▼ 4.9%
Equity and liabilities
Total equity and liabilities10/49€6.1m€7.4m€6.4m€4.3m€7.0m▲ 62.1%
Equity10/15€1.7m€2.7m€3.1m€2.2m€5.4m▲ 145%
Contributions10/11€0.008m€0.008m€0.008m€0.008m€0.008m=
Reserves13€1.7m€2.7m€3.1m€2.2m€5.4m▲ 146%
Non-distributable reserves130/1€316€316€316€316€0▼ 100%
Reserves not available under the articles1311€316€316€316€316€0▼ 100%
Tax-exempt reserves132€0.1m€0.1m--€1.0m-
Distributable reserves133€1.6m€2.6m€3.1m€2.2m€4.4m▲ 100%
Provisions and deferred taxes16-€0.06m----
Provisions for liabilities and charges160/5-€0.06m----
Other liabilities and charges164/5-€0.06m----
Amounts payable17/49€4.4m€4.6m€3.3m€2.1m€1.6m▼ 23.6%
Amounts payable after more than one year17€0.6m€1.1m€0.04m€0.02m€0.006m▼ 71.0%
Financial debts170/4€0.6m€0.08m€0.04m€0.02m€0.006m▼ 71.0%
Credit institutions173€0.6m€0.08m€0.04m€0.02m€0.006m▼ 71.0%
Other amounts payable178/9-€1.0m----
Amounts payable within one year42/48€3.8m€3.5m€3.2m€2.1m€1.1m▼ 48.2%
Current portion of amounts payable after more than one year42€0.6m€0.5m€0.04m€0.02m€0.01m▼ 24.9%
Financial debts43€0.9m€1.1m€1.1m€1.3m€0▼ 100%
Credit institutions430/8€0.9m€1.1m€1.1m€1.3m€0▼ 100%
Trade debts44€0.9m€1.3m€0.5m€0.3m€0.003m▼ 99.2%
Suppliers440/4€0.9m€1.3m€0.5m€0.3m€0.003m▼ 99.2%
Advances received on contracts in progress46€0.8m€0.3m€0.4m€0.06m€0.3m▲ 319%
Taxes, remuneration and social security45€0.09m€0.2m€0.2m€0.07m€0.6m▲ 704%
Taxes450/3€0.02m€0.07m€0.09m€0.04m€0.6m▲ 14×
Remuneration and social security454/9€0.07m€0.09m€0.09m€0.03m€0.02m▼ 50.7%
Other amounts payable47/48€0.5m€0.2m€1.0m€0.4m€0.2m▼ 37.9%
Accrued charges and deferred income492/3€0.001m€0.01m€0.004m€0.005m€0.5m▲ 107×
Line20212022202320242025Change
Profit (loss) for the period9904€0.4m€1.0m€0.4m-€0.9m€3.2m-
+ Depreciation and write-downs630€0.3m€0.2m€0.2m€0.2m€0.1m▼ 43.5%
Operating cash flow (approximation)€0.7m€1.2m€0.6m-€0.7m€3.3m-
Investment in fixed assets (approximation)--€0.1m-€0.02m-€0.001m-€0.008m▼ 614%
Change in cash--€0.05m€0.1m-€0.1m€0.1m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 26,972 companies had the same profile as DIPHANO has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
94.9% was still going
3.4% stopped otherwise
1.6% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DIPHANO itself: 0.8% within 12 months.

Test of the method

The method was tested on the 497,446 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 3.0% 3.1%
10 5.6% 6.2%

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 26,972 companies, not a prediction for DIPHANO. 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.

Filings with the National Bank (5)
Financial year Type Filed Reference Document
31-12-2025 full format 20-07-2026 2026-00311422 PDF
31-12-2024 full format 23-07-2025 2025-00303849 PDF
31-12-2023 full format 17-06-2024 2024-00135168 PDF
31-12-2022 full format 06-07-2023 2023-00226568 PDF
31-12-2021 full format 28-07-2022 2022-20236335 PDF

Board & ownership

Directors

Directors
1 director
De Winter Stephane
Director · listed in the 2025 annual accounts, filed on 20-07-2026
Current

Owners and capital

Network & group

DIPHANO shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of DIPHANO. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
20-07
NBB filing Annual accounts 2025 filedNBB
full format · 11 days before the deadline
2025
31-12
Financial Back to profitnet €3.2m
The net result is €3.2m, after one loss-making year.
31-12
Financial Liquidity more than triplescurrent ratio 6.29
The current ratio rises from 1.94 to 6.29. Short-term debt falls from €2.1m to €1.1m.
31-12
Financial Equity above €5mequity €5.4m ▲145%
Equity rises from €2.2m to €5.4m.
23-07
NBB filing Annual accounts 2024 filedPDF
full format · 8 days before the deadline
25-02
Gazette deed Registered office moved from Wortegem-Petegem to Deerlijk
New seat: Beverenstraat 13-17 te 8540 Deerlijk · Previous seat: Boskant 11 te 9790 Wortegem-Petegem2 points ▸
  • Board meeting, 17-01-2025
  • Registered-office move, Beverenstraat 13-17 te 8540 Deerlijk

Open the act in the Belgian Official Gazette

2024
31-12
Financial Weakest financial yearnet -€890,085
The net result drops to -€890,085, the lowest from 2021 to 2025. It recovers the following year.
17-06
NBB filing Annual accounts 2023 filedPDF
full format · 44 days before the deadline
2023
06-07
NBB filing Annual accounts 2022 filedPDF
full format · 25 days before the deadline
2022
31-12
Financial Equity above €2mequity €2.7m ▲57.8%
With a profit in every financial year since 2021, equity grows to €2.7m.
28-07
NBB filing Annual accounts 2021 filedPDF
full format · 3 days before the deadline
2020
14-09
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 10 September 2020, DIPHANO was incorporated as a private limited company.1 In 2025 the registered office moved to Deerlijk.2 Turnover went from €7.1m in 2021 to €2.0m in 2025 and headcount from 8.3 to 1.5 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 25-02-2025
  3. 3National Bank, annual accounts 2021 and 2025

Company details

Register details

Identity

KBO record
Name DIPHANO in Dutch
Enterprise number 0753.929.629
LEI code 6994002B7KLVTUST4312 live in the LEI register
Legal form Private limited company
Status Active, normale toestand
Founded 10-09-2020
Entity type Legal entity

Registered office and establishments

Registered office Beverenstraat 13-17, 8540 Deerlijk, Belgium
1 former office
  • Boskant 11, 9790 Wortegem-Petegem until 17-01-2025 · act of 25-02-2025
Establishment unit DIPHANO, Beverenstraat 13-17, 8540 Deerlijk since 10-09-2020 · unit number 2.307.176.573

Activities

NACEBEL 2025
VAT activities
31009 Manufacture of furniture main activity
46150 Agents in the wholesale of furniture, household goods and hardware
74130 Interior design
Social security (RSZ) activities
46150 Agents in the wholesale of furniture, household goods and hardware main activity
Codes under NACEBEL 2008
VAT activities
31099 Manufacture of furniture main activity
46150 Wholesale trade
74104 Other professional, scientific and technical activities
Social security (RSZ) activities
46150 Wholesale trade main activity
Joint committee 126 Paritair Comité voor de stoffering en de houtbewerking annual accounts 2025

Invoicing and payment

VAT number BE 0753.929.629
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0753929629
Registered 20-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
4,338 m²
Building footprint
3,215 m²
Building volume
22,581 m³
Cadastral parcel Region Area Buildings Height / floors
34009A0094/00P007 Flanders 4,338 m² 1 · 3,215 m² 9.0 m · 2