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WERKHUIZEN DECLOEDT

Active
Private limited companyfounded 1968active for 58 yearsBrugsesteenweg 93, 8450 Bredene, BelgiumKBO/BCE: BE 0405.249.667
Summary

WERKHUIZEN DECLOEDT has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €402,533 and a net result of €2,152. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 45% of 477 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28920Machining of metals NACE 25530
1 site
Size
€982,959total assets 2025
Staff
8.1 FTE
Equity
€402,533
Profit
€2,152
Turnover not published (abbreviated format)
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
H.NCD · 100%
Accounts 32 days early1 of 5 deeds read
Why 81raises riskSize: 8.1 FTE, total assets €982,959Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)Profit of €2,152 (financial year 2025)lowers riskFounded in 1968Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 39% of its sector peers (NACE 28, micro)
Financial strength · tick = 2024
Average
Solvency 66+5
equity 41.0% of total assets
Liquidity 47-13
short-term debt 32.5% · cash 8.6%
Profitability 60-15
return on assets 0.2%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (979 companies, NACE 28, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 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 05-2025lowest value 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 0.5%● unchanged vs 07-2026highest value 09-2026: 0.5%● unchanged vs 08-2026highest value 10-2026: 0.5%● unchanged vs 09-2026highest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.87, compared with 1.88 in 2024, above the usual 1.5; short-term debt: 32.5% and cash: 8.6% of total assets), but 59% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 28, micro): better than 44% on solvency, 38% on liquidity, 34% on profitability and 41% on growth.

The bankruptcy probability was computed on 19-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 1968
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: 8.1 FTE, total assets €982,959
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
KBO
raises risk · Profit of €2,152 (financial year 2025)
NBB · annual accounts
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 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €402,533
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
2 days early
2023
34 days early
2022
17 days early
2021
81 days early
2020
1 day early
2019
11 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days before the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% 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 29 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet €2,152 ▼95.9%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2025from €52,955 to €2,152 ▼ 95.9% View
  • Positive: 8 profitable years in a rowprofit 2025: €2,152 8 years View
  • Controlled by H.NCD 100% View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Financial year
2025
Total assets
€982,959
Profit
€2,152
Solvency
41.0%
Total assets▼ 12.6%
Net result
20182025
Go to Financials

Timeline

Events
52
Since
1978
Next accounts
by 31-07-2027
  1. 19-11-2024Resignations: H.NCD Beheer, Vancor and Engineer4U
  2. 27-06-2024Annual accounts filed
  3. 14-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28920
Founded
01-01-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
34
Who signs
Each director alone
Purpose
“Het herstellen en vervaardigen van machines en hun onderdelen; Alle industriële,handels-…” (deed in Dutch)
Go to Articles of association

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