J. DE VREE en Co
ActiveSummary
J. DE VREE en Co has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.87M and a net result of €2.50M. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 40% of 311 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-1
Solvency60=
Growth68▲+13
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €400k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.41 in 2024; short-term debt: 63.6% and cash: 4.3% of total assets), and 65.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.6%
Return on assets
14.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €5.87M
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 · 10 filingsDeviation from the deadline
2025
37 d early
2024
23 d early
2023
69 d late
2022
6 d early
2021
24 d early
2020
39 d early
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€19.72M▲ 5.0%
2024 · €18.78M
2018: €14.20M
2019: €15.15M
2020: €17.99M
2021: €21.03M
2022: €15.99M
2023: €16.98M
2024: €18.78M
2018 → 2025
EBIT margin
16.9%▼ 0.2pp
2024 · 17.1%
2018: 21.6%
2019: 19.4%
2020: 24.5%
2021: 23.0%
2022: 14.1%
2023: 19.3%
2024: 17.1%
2018 → 2025
Net result
€2.50M▲ 1.7%
2024 · €2.46M
2018: €2.14M
2019: €2.07M
2020: €3.24M
2021: €3.65M
2022: €1.68M
2023: €2.45M
2024: €2.46M
2018 → 2025
Working capital
€4.57M▲ 7.9%
2024 · €4.23M
2018: €4.27M
2019: €6.35M
2020: €4.73M
2021: €4.97M
2022: €1.81M
2023: €1.90M
2024: €4.23M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€21.03M-€15.99M▼ 23.9%€16.98M▲ 6.2%€18.78M▲ 10.6%€19.72M▲ 5.0%
Equity€6.20M-€3.06M▼ 50.6%€3.21M▲ 4.9%€5.66M▲ 76.5%€5.87M▲ 3.6%
Operating result€4.85M-€2.25M▼ 53.5%€3.27M▲ 45.2%€3.21M▼ 1.9%€3.34M▲ 4.1%
Net result€3.65M-€1.68M▼ 53.9%€2.45M▲ 45.6%€2.46M▲ 0.4%€2.50M▲ 1.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.97M
Fixed assets
€1.62M ▼ 5.1%
Current assets
€15.35M ▲ 5.2%
Equity and liabilities €16.97M
Equity
€5.87M ▲ 3.6%
Provisions
€309k ▲ 17.2%
Debt
€10.80M ▲ 4.1%
Debt's share of the balance-sheet total stays at 63.6%.
Key figures and ratios
EBITDA
€3.46M▲
2024 · €3.34M
Cash flow
€2.62M▲
2024 · €2.58M
Current ratio
1.42▲
2024 · 1.41
Quick ratio
1.06▲
2024 · 1.03
Debt to equity
1.84▲
2024 · 1.83
ROE
42.6%▼
2024 · 43.3%
ROA
14.7%▼
2024 · 15.1%
Interest coverage
171.21▲
2024 · 147.04
Debt ≤ 1 year
€10.79M▲
2024 · €10.36M
Income taxes
€936k▲
2024 · €881k
Staff costs
€4.61M▲
2024 · €4.54M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 81 lines
Balance sheet
Code20242025
Assets
Total assets20/58€16.30M€16.97M▲
Fixed assets21/28€1.71M€1.62M▼
Tangible fixed assets22/27€1.71M€1.62M▼
Land and buildings22€1.59M€1.51M▼
Plant, machinery and equipment23€63k€51k▼
Furniture and vehicles24€55k€52k▼
Financial fixed assets28€967€967=
Other financial fixed assets284/8€967€967=
Amounts receivable and cash guarantees285/8€967€967=
Current assets29/58€14.59M€15.35M▲
Stocks and contracts in progress3€3.90M€3.93M▲
Stocks30/36€3.43M€3.26M▼
Raw materials and consumables30/31€1.81M€1.80M▼
Work in progress32€1.30M€1.30M▲
Finished goods33€317k€163k▼
Contracts in progress37€472k€668k▲
Amounts receivable within one year40/41€4.24M€4.81M▲
Trade receivables40€4.18M€4.61M▲
Other amounts receivable41€52k€191k▲
Current investments50/53€5.70M€5.80M▲
Other investments51/53€5.70M€5.80M▲
Cash at bank and in hand54/58€632k€723k▲
Deferred charges and accrued income490/1€122k€92k▼
Equity and liabilities
Total equity and liabilities10/49€16.30M€16.97M▲
Equity10/15€5.66M€5.87M▲
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€5.41M€5.62M▲
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Other1319€231€231=
Tax-exempt reserves132€7k€7k=
Distributable reserves133€5.38M€5.58M▲
Provisions and deferred taxes16€264k€309k▲
Provisions for liabilities and charges160/5€264k€309k▲
Other liabilities and charges164/5€264k€309k▲
Amounts payable17/49€10.37M€10.80M▲
Amounts payable within one year42/48€10.36M€10.79M▲
Trade debts44€1.50M€1.70M▲
Suppliers440/4€1.50M€1.70M▲
Advances received on contracts in progress46€3.90M€4.22M▲
Taxes, remuneration and social security45€1.37M€1.26M▼
Taxes450/3€733k€571k▼
Remuneration and social security454/9€638k€689k▲
Other amounts payable47/48€3.59M€3.61M▲
Accrued charges and deferred income492/3€11k€11k▼
Income statement
Code20242025
Operating income70/76A€18.43M€19.95M▲
Turnover70€18.78M€19.72M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-534k€44k▲
Other operating income74€188k€182k▼
Operating charges60/66A€15.22M€16.61M▲
Goods for resale, raw materials and consumables60€7.20M€7.70M▲
Purchases600/8€6.87M€7.69M▲
Change in stocks: decrease (increase)609€336k€14k▼
Services and other goods61€3.35M€4.08M▲
Remuneration, social security and pensions62€4.54M€4.61M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€127k€121k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-52k€45k▲
Other operating charges640/8€58k€50k▼
Operating profit (loss)9901€3.21M€3.34M▲
Financial income75/76B€153k€156k▲
Recurring financial income75€153k€156k▲
Income from current assets751€131k€137k▲
Other financial income752/9€21k€19k▼
Financial charges65/66B€25k€62k▲
Recurring financial charges65€25k€62k▲
Debt charges650€23k€20k▼
Other financial charges652/9€2k€42k▲
Profit (loss) for the period before taxes9903€3.34M€3.43M▲
Income taxes67/77€881k€936k▲
Taxes670/3€889k€936k▲
Tax adjustments and reversals of tax provisions77€8k-
Profit (loss) for the period9904€2.46M€2.50M▲
Profit (loss) for the period to be appropriated9905€2.46M€2.50M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.46M€2.50M▲
Transfer to equity691/2€2.46M€201k▼
To other reserves6921€2.46M€201k▼
Profit to be distributed694/7-€2.30M
Return on contributions (dividend)694-€2.30M
Social balance
Average headcount (FTE)908765.162.9▼
The notes to these accounts (47 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €5MEq €5.66M ▲76.5%
7 profitable years in a row build equity to €5.66M.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 69 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €1.68M ▼53.9%
Net result drops to €1.68M, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €3.65M ▲12.6%
Operating result €4.85M, net result €3.65M, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 61 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1986
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Toekomstlaan 102170 AntwerpenGround area
1.3 ha
Building footprint
5,327 m²
Volume, LiDAR
29,826 m³
Parcel 11422C0243/00Z000, Flanders · tallest building 13.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
J. DE VREE & CO
since 19862.034.439.002
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0243/00Z000 | Flanders | 1.3 ha | 1 · 5,327 m² | 13.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 4,303 EUR awarded · 3,532 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,542 EUR | 1,351 EUR |
| 2023 | 2 | 1,012 EUR | 1,432 EUR |
| 2022 | 2 | 749 EUR | 749 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
549300BKD3U3E0T9QO85
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Of 210 companies in sector 28299 we hold annual accounts for 154. 72 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-10-1986
Fiscal year end31-12
Activities, NACEBEL 2025
28291Manufacture of machinery and equipment not elsewhere classified
28299Manufacture of machinery and equipment not elsewhere classified
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.