Equity
-€1,240
Debts exceed assets in financial year 2025.
ENBRO DELUXE
Lifetime
2 annual accounts with figures on one time axisGross marginpeak -€2,242 (2024)
-€3,236▼ €994
Resultlowest -€3,423 (2025)
-€3,423▼ €607
Equitypeak €2,183 (2024)
-€1,240▼ €3,423
Debts
€41,149▲ 327×
Staffpeak 0 FTE (2024)
-not published
Board5 names since 2023
5 directorsSteyaert Projects and 4 others
Owners
100%Steyaert Projects
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Gross margin from -€2,242 to -€3,236Loss of €3,423Equity from €2,183 to -€1,240Debts from €126 to €41,149Cash from €1,883 to €5,000
Key points
from the 2025 annual accountsLosses
-€6,240 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€41,149 103% of the balance sheet
Financial debts 0%Suppliers 88%Other 12%
Board
4 joined
New directors. Latest change 22-01-2026 · 5 in office.
Position in the sector
-3.1%
Lower solvency than 88% of companies in electricity, gas and steam. Sector median 44.9% · 229 companies.
Public support
€313,517 awarded in 2025
Flemish support: Ecologiepremie+.
Turnover not published (abbreviated or micro format)
Checked score
51
Fair
Financially stronger than 15% of micro companies in electricity, gas and steam (NACE 35)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 543 companies (NACE 35, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 1.2%
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.3%▲ +0.1 percentage points vs 02-2025
04-2025: 1.4%▲ +0.1 percentage points vs 03-2025
05-2025: 1.5%▲ +0.1 percentage points vs 04-2025
06-2025: 1.7%▲ +0.2 percentage points vs 05-2025
07-2025: 1.7%● unchanged vs 06-2025
08-2025: 1.8%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%▼ -1.5 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025lowest value
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.6%▲ +0.3 percentage points vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.7%▲ +0.1 percentage points vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 2.3%▲ +1.6 percentage points vs 06-2026highest value
08-2026: 2.2%▼ -0.1 percentage points vs 07-2026
09-2026: 2.1%▼ -0.1 percentage points vs 08-2026
10-2026: 2.1%● unchanged vs 09-2026
11-2026: 2.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€1,240
1 change of registered office in 24 months
lowers risk
Sector: Electricity, gas, steam and air conditioning supply (NACE 35)
Figures for financial year 2025 (filed on 24-06-2026)
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 35, micro). It does better than 15% of them on solvency, 12% on liquidity, 26% on profitability and 5% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,555 companies had the same profile as ENBRO DELUXE has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ENBRO DELUXE itself: 2.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 1,555 companies, not a prediction for ENBRO DELUXE. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.15, below 1. Short-term debt is 103.1% and cash 12.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€1,240
raises risk · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 24-06-2026, 37 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
37 days early
2024
20 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 9 days before the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% 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.
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
D
DSPROJECTS
Director, DESPIEGELAERE Arthur, since 24-11-2025
FP
Federale Participatie- en Investeringsmaatschappij
Director, Leon CAPPAERT, since 24-11-2025
L
LUDEM
Director, DEMEYERE Luc, since 24-11-2025
- Steyaert Projects 100%score 98equity €208,736 (2025) · 2025 annual accounts of Steyaert Projects
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003740756
Environmental permit granted
Nieuwbouw of aanleggen · Provincie Oost-Vlaanderen
Company renamed from TROPS to ENBRO DELUXE
Registered office moved from Sint-Kruis to Kortrijk · New registered office: Beneluxpark 26 bus 002, 8500 Kortrijk · Previous registered office: De Waterwilgen 8, 8310 Sint-Kruis · General meeting of 09-01-2026 · Gazette deed
Incorporation
Founding capital of €5,000, 1,000 shares · Founder: Steyaert Projects · Appointment: Steyaert Projects (director) · published on 27-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ENBRO DELUXE Kortrijk | €39,909 | -€3,236 | -3.1% | - |
| HDR SALES Duffel | €39,806 | -€40,304 | -97.2% | - |
| MOSCoop Wingene | €63,723 | -€3,159 | -6.3% | - |
| HELIOS GROUP Somme-Leuze | €27,356 | €1,182 | -5.0% | - |
| Powerstore Belgium Antwerp | €66,022 | -€64,961 | -67.5% | - |
| SmartSave Deinze | €21,654 | -€11,209 | 86.7% | - |
| Sunvest Brussels | €21,965 | -€3,976 | 92.5% | - |
These companies have the same main activity as ENBRO DELUXE: electricity, gas, steam and air conditioning supply (NACE 35150). They are comparable in size and age: total assets between €21,700 and €66,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 21-12-2023Normal situation
- Registered office
- 100 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 6 November 2026.
- Activity
- Electricity, gas, steam and air conditioning supplyNACE 35150and 1 other
- Establishment unit
- 2.358.733.1628310 Bruges, since 21-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- Total assets
- €39,909▲ 17×
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on ENBRO DELUXE
The computed 12-month bankruptcy probability of ENBRO DELUXE is 2.1% (moderate). The 2025 annual accounts show negative equity (-€1,240) and a net result of -€3,423.
Its solvency ranks better than 12% of 229 sector peers (NACE 35, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 ENBRO DELUXE
- What is the company number of ENBRO DELUXE?
- The company number of ENBRO DELUXE is 1003.740.756. The VAT number is the same number with BE in front: BE 1003.740.756.
- Where is ENBRO DELUXE based?
- The registered office is at Beneluxpark 26, 8500 Kortrijk.Company details
- What does ENBRO DELUXE do?
- According to the KBO register, the main activity is electricity, gas, steam and air conditioning supply (NACE 35150).
- What is the legal form of ENBRO DELUXE?
- ENBRO DELUXE is a private limited company (BV).
- When was ENBRO DELUXE founded?
- ENBRO DELUXE was founded on 21-12-2023.
- Is ENBRO DELUXE still active?
- Yes, ENBRO DELUXE is an active enterprise in the KBO register.
- What is the turnover of ENBRO DELUXE?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is ENBRO DELUXE profitable?
- In financial year 2025, ENBRO DELUXE made a loss of €3,423.
- Where can I find the annual accounts of ENBRO DELUXE?
- ENBRO DELUXE filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ENBRO DELUXE due?
- ENBRO DELUXE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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