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STUBBE-DENOO

Active
Public limited companyfounded 1985active for 41 yearsBaron Joseph Ryelandtstraat 3, 8000 Brugge, BelgiumKBO/BCE: BE 0427.414.266

From the official registers: KBO 40 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

STUBBE-DENOO has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.4m and a net result of €124,418. Equity has been growing by about 3.4% per year since 2018. Its solvency ranks better than 87% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 29-06-1985 Normal situation
Activity
Development of residential building projects NACE 68121and 1 other
Establishment unit
2.027.417.685 8000 Brugge, since 01-07-1985
Financial year end
31 December
Peppol
Reachable since 27-11-2025

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€256,770
▼ 1.5%
Turnover
≈ €460,000
estimated
Profit
€124,418
▼ 6.5%
Equity
€3.4m
▲ 0.5%
Total assets
€4.0m
▼ 2.0%
Filed on 31-08-2026, 31 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts latelowers riskSize: total assets €4.0mLiquidity: current ratio 7.32, cash €725,927Founded in 1985Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 78% of small companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 84.1% of total assets
Liquidity 73+4
short-term debt 4.2% · cash 18.1%
Profitability 73=
return on assets 3.1%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (6,990 companies, NACE 68, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €320,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.32 (5.85 in 2024), above the usual 1.5. Short-term debt is 4.2% and cash 18.1% of total assets. 15.9% of the assets are financed with debt and provisions.
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 68, small). It does better than 92% of them on solvency, 94% on liquidity, 79% on profitability and 46% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €4.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 7.32, cash €725,927
NBB · annual accounts
lowers risk · Founded in 1985
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 · 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 filings
Deviation from the deadline
2025
31 days late
2024
40 days late
2023
30 days late
2022
31 days late
2021
30 days late
2020
30 days late
2019
69 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 37 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 (5 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
01-11-2026 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

Key points

  • Positive: More equity than 90% of companies in real estatesector median €301,692 · 11,240 companies €3.4m View
  • Positive: 8 profitable years in a rowprofit 2025: €124,418 8 years View

Comparable companies

These companies have the same main activity as STUBBE-DENOO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3.1m and €5.3m, founded between 1984 and 1991.

CompanyTotal assetsGross margin
STUBBE-DENOO Brugge€4.0m€0.3m
DE VLAMING Torhout€3.8m€0.2m
BACOTTERIE Kortrijk€3.9m€0.3m
RABAUT Middelkerke€5.3m€0.2m
EASY-CAR-RENT Roeselare€3.1m€0.2m
Bouwprojecten Spriet Izegem€4.5m€0.2m
TEK IMMO Liège€3.7m€0.3m
Full comparison

Documents

Annual accounts at the NBB

All 40 annual accounts

Articles and registers

Key facts about STUBBE-DENOO

What is the company number of STUBBE-DENOO?
The company number of STUBBE-DENOO is 0427.414.266. The VAT number is the same number with BE in front: BE 0427.414.266.
Where is STUBBE-DENOO based?
The registered office is at Baron Joseph Ryelandtstraat 3, 8000 Brugge.Company details
What does STUBBE-DENOO do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of STUBBE-DENOO?
The legal form of STUBBE-DENOO is Public limited company (NV).
When was STUBBE-DENOO founded?
STUBBE-DENOO was founded on 29-06-1985.
Is STUBBE-DENOO still active?
Yes, STUBBE-DENOO is an active enterprise in the KBO register.
What is the turnover of STUBBE-DENOO?
The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €256,770 and 42 comparable companies (NACE 681). It probably lies between €350,000 and €750,000.Financials
Is STUBBE-DENOO profitable?
In financial year 2025, STUBBE-DENOO made a profit of €124,418.
Where can I find the annual accounts of STUBBE-DENOO?
STUBBE-DENOO filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of STUBBE-DENOO due?
STUBBE-DENOO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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