Trappen Demunster
ActiveFrom the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Trappen Demunster has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of €795,801. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 88% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 29-09-2015 Normal situation
- Activity
- Joinery installation NACE 43320
- Establishment units
- 2.246.966.693 8501 Kortrijk, since 29-09-2015
- 2.300.557.908 8540 Deerlijk, since 23-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 21-11-2025
Board and ownership
- DEMUNSTER Lieven Geert JosephDirector
- LES RASCASSESDirector · permanent representative DE VOLDER Valerie Lydia
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €3.4m
- ▼ 10.6%
- Turnover
- ≈ €9.4m
- estimated
- Profit
- €795,801
- ▼ 37.4%
- Equity
- €3.7m
- ▼ 22.4%
- Total assets
- €4.6m
- ▼ 29.8%
- Staff
- 29.5 FTE
- ▼ 1.3%
Score breakdownlowers riskLiquidity: current ratio 4.43, cash €978,206, halvedEquity €3.7m (80.6% of total assets)Size: 29.5 FTE, total assets €4.6mFigures for financial year 2025 (filed on 08-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, small). It does better than 95% of them on solvency, 86% on liquidity, 90% on profitability and 11% 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).
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
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher net result than 95% of companies in specialised constructionsector median €26,861 · 9,875 companies €795,801 View
- Positive: 8 profitable years in a rowprofit 2025: €795,801 8 years View
- Caution: Result fell in 2025from €1.3m to €795,801 ▼ 37.4% View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
Comparable companies
These companies have the same main activity as Trappen Demunster: joinery installation (NACE 43320). They are comparable in size and age: total assets between €2.5m and €7.7m, founded between 2010 and 2016.
| Company | Total assets | Gross margin |
|---|---|---|
| Trappen Demunster Kortrijk | €4.6m | €3.4m |
| NEW SIGNATURE Tielt | €4.3m | €3.2m |
| KVA Retail Hulshout | €4.6m | €3.8m |
| OIC Maldegem | €7.7m | €3.2m |
| TDK CONSTRUCT Deerlijk | €6.2m | €3.2m |
| DESCHEEMAEKER D. Pittem | €3.7m | €1.8m |
| DE COENE INTERIOR DECORATION Kortrijk | €2.5m | €2.6m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 08-06-2026
- Annual accounts 2024filed on 14-06-2025
- Annual accounts 2023filed on 26-06-2024
- Annual accounts 2022filed on 13-06-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0638.985.520
Key facts about Trappen Demunster
- What is the company number of Trappen Demunster?
- The company number of Trappen Demunster is 0638.985.520. The VAT number is the same number with BE in front: BE 0638.985.520.
- Where is Trappen Demunster based?
- The registered office is at Waterven(Heu) 6, 8501 Kortrijk.Company details
- What does Trappen Demunster do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of Trappen Demunster?
- The legal form of Trappen Demunster is Private limited company (BV).
- When was Trappen Demunster founded?
- Trappen Demunster was founded on 29-09-2015.
- Is Trappen Demunster still active?
- Yes, Trappen Demunster is an active enterprise in the KBO register.
- How many employees does Trappen Demunster have?
- Trappen Demunster had an average of 29.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Trappen Demunster?
- The turnover in financial year 2025 is ≈ €9.4m. This figure is estimated from the gross margin of €3.4m and 68 comparable companies (NACE 43). It probably lies between €7.2m and €13.0m.
- Is Trappen Demunster profitable?
- In financial year 2025, Trappen Demunster made a profit of €795,801.
- Where can I find the annual accounts of Trappen Demunster?
- Trappen Demunster filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of Trappen Demunster due?
- Trappen Demunster must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.