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STRANDUITBATING DEPECKER

Active
Private limited companyfounded 2024active for 2 yearsMolendreef 24, 8421 De Haan, BelgiumKBO/BCE: BE 1014.094.715
Summary

STRANDUITBATING DEPECKER has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,914 and a net result of €4,914. Its solvency ranks better than 30% of 2,789 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Equity
€14,914
Total assets
€380,847
Net result
€4,914
Working capital
€20,303

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €380,847
Fixed assets €308,049
Current assets €72,797
Equity and liabilities €380,847
Equity €14,914
Debt €365,933
Debt finances 96.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€68,511
Cash flow
€58,833
Current ratio
1.39
Quick ratio
1.38
Debt to equity
24.54
ROE
33.0%
ROA
1.3%
Interest coverage
9.24
Debt ≤ 1 year
€52,495
Debt > 1 year
€313,350
Income taxes
€2,270

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.3% stopped otherwise
92% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,135 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 47 lines
Balance sheet Code2025
Assets
Total assets20/58€380,847
Fixed assets21/28€308,049
Intangible fixed assets21€18,504
Tangible fixed assets22/27€289,545
Plant, machinery and equipment23€255,123
Furniture and vehicles24€34,422
Current assets29/58€72,797
Stocks and contracts in progress3€532
Stocks30/36€532
Amounts receivable within one year40/41€148
Other amounts receivable41€148
Cash at bank and in hand54/58€71,474
Deferred charges and accrued income490/1€644
Equity and liabilities
Total equity and liabilities10/49€380,847
Equity10/15€14,914
Contributions10/11€10,000
Reserves13€4,900
Distributable reserves133€4,900
Profit (loss) carried forward14€14
Amounts payable17/49€365,933
Amounts payable after more than one year17€313,350
Financial debts170/4€163,350
Trade debts175€150,000
Amounts payable within one year42/48€52,495
Current portion of amounts payable after more than one year42€26,057
Trade debts44€840
Suppliers440/4€840
Taxes, remuneration and social security45€13,701
Taxes450/3€13,701
Other amounts payable47/48€11,897
Accrued charges and deferred income492/3€88
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53,919
Other operating charges640/8€18,804
Non-recurring operating charges66A€7,986
Gross operating margin9900€95,301
Operating profit (loss)9901€14,593
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€7,413
Recurring financial charges65€7,413
Profit (loss) for the period before taxes9903€7,184
Income taxes67/77€2,270
Profit (loss) for the period9904€4,914
Profit (loss) for the period to be appropriated9905€4,914
Appropriation of the result
Profit (loss) to be appropriated9906€4,914
Transfer to equity691/2€4,900
To other reserves6921€4,900

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53,919
Other operating charges640/8€18,804
Non-recurring operating charges66A€7,986
Gross operating margin9900€95,301
Operating profit (loss)9901€14,593
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€7,413
Recurring financial charges65€7,413
Profit (loss) for the period before taxes9903€7,184
Income taxes67/77€2,270
Profit (loss) for the period9904€4,914
Profit (loss) for the period to be appropriated9905€4,914
Line2025
Assets
Total assets20/58€380,847
Fixed assets21/28€308,049
Intangible fixed assets21€18,504
Tangible fixed assets22/27€289,545
Plant, machinery and equipment23€255,123
Furniture and vehicles24€34,422
Current assets29/58€72,797
Stocks and contracts in progress3€532
Stocks30/36€532
Amounts receivable within one year40/41€148
Other amounts receivable41€148
Cash at bank and in hand54/58€71,474
Deferred charges and accrued income490/1€644
Equity and liabilities
Total equity and liabilities10/49€380,847
Equity10/15€14,914
Contributions10/11€10,000
Reserves13€4,900
Distributable reserves133€4,900
Profit (loss) carried forward14€14
Amounts payable17/49€365,933
Amounts payable after more than one year17€313,350
Financial debts170/4€163,350
Trade debts175€150,000
Amounts payable within one year42/48€52,495
Current portion of amounts payable after more than one year42€26,057
Trade debts44€840
Suppliers440/4€840
Taxes, remuneration and social security45€13,701
Taxes450/3€13,701
Other amounts payable47/48€11,897
Accrued charges and deferred income492/3€88
Line2025
Profit (loss) for the period9904€4,914
+ Depreciation and write-downs630€53,919
Operating cash flow (approximation)€58,833

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Subsidies and aid

Flemish government

2025 · 1 entry · €834 awarded · €309 paid
Schemes
1 entry · €834 · €309 paid · Fonds voor Innoveren en Ondernemen

Public contracts: not fully processed yet. The notices from August 2026 to September 2026 are still being read.