Equity
€99,648 ▲ 16.7%
STEVE DECROOCK has made a profit in every financial year since 2011.
STEVE DECROOCK
Lifetime
15 annual accounts with figures on one time axisGross marginpeak €64,979 (2015)
€60,552▲ 10.8%
Resultpeak €28,367 (2015)
€17,611▲ 10.1%
Equitypeak €99,648 (2025)
€99,648▲ 16.7%
Debts
€364,377▼ 3.4%
Staffpeak 0.1 FTE (2015)
-not published
Board3 names since 2010
3 directorsDecroock Steve and 2 others
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Dividend €3,363Equity from €85,400 to €99,648Investments €45,834Cash from €59,885 to €33,285
Key points
from the 2025 annual accountsTurnover
≈ €320,000 estimated
The micro format states no turnover.
Debts
€364,377 79% of the balance sheet
Financial debts 71%Suppliers 14%Taxes and wages 4%Other 11%
Of this, €104,461 falls due within a year.
Investments
€45,834 1.9 × depreciation
Green is investment, beige is depreciation.
Filings
15 annual accounts since 2011
Eight of the last ten came late. The 2019 accounts came latest: 97 days after the end of the period.
Position in the sector
€464,025
Larger balance sheet than 85% of companies in construction of buildings. Sector median €126,740 · 9,415 companies.
Checked score
67
Healthy
Financially stronger than 48% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,457 companies (NACE 41, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 1.0%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.3%▼ -0.7 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026lowest value
03-2026: 0.3%● unchanged vs 02-2026lowest value
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.8%▲ +0.4 percentage points vs 07-2026
09-2026: 0.9%▲ +0.1 percentage points vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Equity €99,648 (21.5% of total assets)
lowers risk
Founded in 2010
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, micro). It does better than 28% of them on solvency, 54% on liquidity, 49% on profitability and 61% 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.
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, 4,107 companies had the same profile as STEVE DECROOCK has now. Each dot stands for 11 companies, two years later.
98.0%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of STEVE DECROOCK itself: 0.9% 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.
| 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 4,107 companies, not a prediction for STEVE DECROOCK. 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 €6,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.31 (1.34 in 2024), below the usual 1.5. Short-term debt is 22.5% and cash 7.2% of total assets. 78.5% 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 risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
34 days early
2023
30 days late
2022
30 days late
2021
59 days late
2020
86 days late
2019
97 days late
← 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 43 days after 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 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0830410070
3 directors resigning, 3 reappointments
Resignations: Decroock Steve, Verhelst Filip and De Baele Chris · Reappointments: Decroock Steve, Verhelst Filip and De Baele Chris · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 14-12-2023 · Gazette deed
Environmental permit granted
Bouwen of herbouwen · Damme
Incorporation
published on 27-10-2010 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| STEVE DECROOCK Damme | €464,025 | €60,552 | 21.5% | - |
| BCDS Bruges | €520,578 | €66,274 | 22.7% | - |
| DEVOSKO Kortrijk | €501,417 | €70,862 | 87.9% | - |
| PEIRS Bruges | €551,795 | €59,300 | 38.2% | - |
| B.A.I.T. Antwerp | €418,618 | €59,126 | 12.0% | - |
| Algemene Bouwwerken Kris De Reu Wortegem-Petegem | €469,964 | €68,402 | 96.6% | - |
| Ingo Krikilion Geraardsbergen | €494,851 | €61,664 | 36.5% | 0 |
These companies have the same main activity as STEVE DECROOCK: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €419,000 and €552,000, founded between 2010 and 2012.
Official details
Source: KBO- Status
- Active since 13-10-2010Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.192.985.4038340 Damme, since 13-10-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 08-01-2026
Insights on STEVE DECROOCK
STEVE DECROOCK files the micro format. That format states no turnover. The gross margin rose from €11,403 in 2011 to €60,552 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.
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 STEVE DECROOCK
- What is the company number of STEVE DECROOCK?
- The company number of STEVE DECROOCK is 0830.410.070. The VAT number is the same number with BE in front: BE 0830.410.070.
- Where is STEVE DECROOCK based?
- The registered office is at Bargestraat 7, 8340 Damme.Company details
- What does STEVE DECROOCK do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of STEVE DECROOCK?
- STEVE DECROOCK is a private limited company (BV).
- When was STEVE DECROOCK founded?
- STEVE DECROOCK was founded on 13-10-2010.
- Is STEVE DECROOCK still active?
- Yes, STEVE DECROOCK is an active enterprise in the KBO register.
- What is the turnover of STEVE DECROOCK?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €60,552 and 108 comparable companies (NACE 41001). It probably lies between €220,000 and €550,000.Financials
- Is STEVE DECROOCK profitable?
- In financial year 2025, STEVE DECROOCK made a profit of €17,611.
- Where can I find the annual accounts of STEVE DECROOCK?
- STEVE DECROOCK filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STEVE DECROOCK due?
- STEVE DECROOCK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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