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id*

Active Public limited companyfounded 1968active for 58 yearsNijverheidslaan 32, 8560 WevelgemKBO/BCE: BE 0405.403.184 subsidiary of KLAN design#10 employer in Wevelgem, Construction sector

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €1.9m (2015)
€1.2m▼ 1.0%
lowest -€173,405 (2021)
€31,818▲ €165,773
peak €2.5m (2019)
€556,690▲ 6.1%
€1.2m▲ 8.0%
peak 29.6 FTE (2013)
17 FTE▼ 15.4%
Board4 names since 2019
2 directorsANKLA and 1 other
Owners2 names in the annual accounts
  
Documentsfilings and deeds
23-06-202638 days before the deadline
2025financial year
Back to profit: €31,818Staff from 20.1 FTE to 17 FTE

Key points

from the 2025 annual accounts

Equity

€556,690 from €2.5m in 2019

Equity fell by 78% in 6 years.

Result

€31,818 €31,818
-€134,0002024€31,8002025

Back in profit in 2025, after a loss of €133,955 in 2024.

Securities

€500,000

Mandates to pledge the business, new in 2025. 89.8% of equity · not in the 2024 accounts.

Investments

€35,351 1.6 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 1282.1% higher than in 2024.

Staff

17 FTE from 29.6 in 2013

Between 2013 and 2025, 43% of the full-time equivalents disappeared.

Filings

49 annual accounts 50 filings since 1977
AprilJune31 JulyOctober1980199520102025

Two of the last ten came late. The 2023 accounts came latest: 61 days after the end of the period.

Checked score

70
Healthy
Financially stronger than 47% of small companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 911 companies (NACE 41, small).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025lowest value 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025 09-2025: 1.2%▲ +0.6 percentage points vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026highest value 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 0.7%▼ -0.5 percentage points vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026

Financial strength
Average

57-1equity 32.2% of total assets
43-8short-term debt 39.6% · cash 9.2%
39+31return on assets 1.8%

Score breakdown

raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: 17 FTE, total assets €1.7m
1 of the last 3 accounts late
lowers risk
Founded in 1968
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 41, small). It does better than 51% of them on solvency, 52% on liquidity, 28% on profitability and 57% on growth.

The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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, 14,766 companies had the same profile as id* has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

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

The bankruptcy probability of id* itself is higher: 0.7% within 12 months. It rests on far more data about id* than the profile alone.

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.

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 14,766 companies, not a prediction for id*. 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 of up to €35,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.2 (1.65 in 2024), below the usual 1.5. Short-term debt is 39.6% and cash 9.2% of total assets. 67.8% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1968
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: 17 FTE, total assets €1.7m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
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 23-06-2026, 38 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
38 days early
2024
28 days late
2023
57 days early
2022
53 days early
2021
24 days early
2020
37 days early
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 31 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 23 June (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
10-11-2026 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

Board and ownership

KD
Managing director, Schotte Katrien
A
Director, Declercq Willem
Board & ownership

Recent changes

Company renamed from De Laere to id* Resignations: KLAN Design (managing director) and ANKLA (director) · Permanent representatives: Schotte Katrien and Declercq Willem · Appointments: KLAN Design (managing director) and ANKLA (director) · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0405403184
2 directors appointed, 2 resignations Resignations: Chris De Laere (managing director) and BVBA Delawood · Appointments: BV KLAN design (managing director) and Comm.V.Ankla · Permanent representatives: Myriam Coucke, Katrien Schotte and Willem Declercq · General meeting of 09-12-2019 · Gazette deed
2 directors reappointed Chris De Laere (chair of the board) and DELAWOOD · Permanent representative: Myriam Coucke · General meeting of 13-03-2019 · Gazette deed
All 63 events

Comparable companies

same main activity, similar in size and age
Company
id* Wevelgem €1.7m €1.2m 32.2% 17
VERHAEGHE ALGEMENE BOUWONDERNEMING Bruges €1.5m €0.9m 44.6% 13.6
Algemene Bouwwerken Maes Spiere-Helkijn €1.7m €1.6m 16.8% 20
DAMME-BOUW Hooglede €1.9m €1.1m 26.6% 11.7
Deruyck Bouwonderneming Roeselare €1.7m €0.6m 12.8% 16.8
G. THEUNS EN ZOON Kalmthout €1.8m €1.4m 17.0% 16.5
BOUWONDERNEMING JANSSENS Putte €1.9m €1.2m 92.1% 12.3

These companies have the same main activity as id*: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.5m and €1.9m, founded between 1961 and 1979.

Official details

Source: KBO
Status
ActiveNormal situation
Activity
General construction of residential buildingsNACE 41001and 2 others
Joint committees
200Auxiliary committee for white-collar workers
124Construction · annual accounts 2025
Establishment unit
2.000.713.7838560 Wevelgem, since 01-11-1965
Financial year end
31 December
Peppol
Reachable since 21-03-2024
Company details

Annual accounts 2025

≈ €2.1mestimated
€1.7m▲ 7.4%
Employeeson 31-12-2025
19=
Filing
Filed on 23-06-2026, 38 days before the end of the filing period
Financials

Insights on id*

id* has existed since 1968. The gross margin fell from €1.8m in 2006 to €1.2m in 2025 and staff from 29.4 to 17 full-time equivalents.

KLAN design holds all the shares.

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 id*

What is the company number of id*?
The company number of id* is 0405.403.184. The VAT number is the same number with BE in front: BE 0405.403.184.
Where is id* based?
The registered office is at Nijverheidslaan 32, 8560 Wevelgem.Company details
What does id* do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of id*?
id* is a public limited company (NV).
When was id* founded?
id* was founded on 01-01-1968.
Is id* still active?
Yes, id* is an active enterprise in the KBO register.
How many employees does id* have?
id* had an average of 17 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does id* fall under?
In its 2025 annual accounts, id* states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
What is the turnover of id*?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €1.2m and 1,585 comparable companies of the same size. It probably lies between €1.4m and €3.4m. It is a rough estimate. In financial year 2018 turnover was €0.
Is id* profitable?
In financial year 2025, id* made a profit of €31,818.
Where can I find the annual accounts of id*?
id* filed 50 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of id* due?
id* must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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