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DE BLOCK

Active
Public limited companyfounded 198739 yrs activeSchaarbeekstraat(MEL) 15, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0431.195.187
Summary

DE BLOCK has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.88M and a net result of €38k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 52% of 866 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
57 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46=
Solvency67▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.55 in 2024; short-term debt: 57.1% and cash: 1.9% of total assets), but 57.9% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 39 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
42.1%
Return on assets
0.9%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
12 d late
2024
27 d late
2023
30 d late
2022
23 d late
2021
59 d early
2020
3 d early
2019
7 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€38k▲ 802%
2024 · €4k
2018: €11k 2019: €13k 2020: €333k 2021: €143k 2022: €81k 2023: €27k 2024: €4k
2018 → 2025
Working capital
€1.41M▲ 8.9%
2024 · €1.30M
2018: €912k 2019: €1.00M 2020: €494k 2021: €719k 2022: €1.03M 2023: €1.22M 2024: €1.30M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.73M-€1.81M▲ 4.7%€1.84M▲ 1.5%€1.84M▲ 0.2%€1.88M▲ 2.1%
Operating result€191k-€134k▼ 29.7%€75k▼ 44.5%€47k▼ 37.6%€135k▲ 190%
Net result€143k-€81k▼ 43.5%€27k▼ 66.7%€4k▼ 84.2%€38k▲ 802%
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2021: €191k€191kNet result 2021: €143k€143kOperating result 2022: €134k€134kNet result 2022: €81k€81kOperating result 2023: €75k€75kNet result 2023: €27k€27kOperating result 2024: €47k€47kNet result 2024: €4k€4kOperating result 2025: €135k€135kNet result 2025: €38k€38k20212022202320242025€0€50k€100k€150kOperating result 2023: €75k€75kNet result 2023: €27k€27kOperating result 2024: €47k€47kNet result 2024: €4k€4.2kOperating result 2025: €135k€135kNet result 2025: €38k€38k202320242025
The operating result recovers in 2025; 2025 is 190% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.46M
Fixed assets €504k ▼ 12.2%
Current assets €3.96M ▲ 8.0%
Equity and liabilities €4.46M
Equity €1.88M ▲ 2.1%
Debt €2.58M ▲ 7.7%
Debt's share of the balance-sheet total rises from 56.6% to 57.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€209k
2024 · €157k
Cash flow
€112k
2024 · €114k
Current ratio
1.55
2024 · 1.55
Debt to equity
1.38
2024 · 1.30
ROE
2.0%
2024 · 0.2%
ROA
0.9%
2024 · 0.1%
Interest coverage
3.14
2024 · 3.20
Debt ≤ 1 year
€2.55M
2024 · €2.37M
Income taxes
€46k
2024 · €33k
Staff costs
€2.51M
2024 · €2.59M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet Code20242025
Assets
Total assets20/58€4.24M€4.46M
Fixed assets21/28€574k€504k
Tangible fixed assets22/27€573k€502k
Land and buildings22€485k€470k
Plant, machinery and equipment23€52k€18k
Furniture and vehicles24€36k€14k
Financial fixed assets28€2k€2k
Current assets29/58€3.66M€3.96M
Amounts receivable after more than one year29€205k€205k=
Other amounts receivable291€205k€205k=
Amounts receivable within one year40/41€3.18M€3.34M
Trade receivables40€2.39M€2.49M
Other amounts receivable41€796k€850k
Cash at bank and in hand54/58€19k€86k
Deferred charges and accrued income490/1€255k€325k
Equity and liabilities
Total equity and liabilities10/49€4.24M€4.46M
Equity10/15€1.84M€1.88M
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€1.74M€1.78M
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Tax-exempt reserves132€1.31M€1.31M=
Distributable reserves133€416k€455k
Amounts payable17/49€2.40M€2.58M
Amounts payable within one year42/48€2.37M€2.55M
Current portion of amounts payable after more than one year42€218k€518k
Financial debts43€97k€0
Credit institutions430/8€97k€0
Trade debts44€1.17M€1.22M
Suppliers440/4€1.17M€1.22M
Taxes, remuneration and social security45€478k€404k
Taxes450/3€151k€102k
Remuneration and social security454/9€327k€303k
Other amounts payable47/48€408k€401k
Accrued charges and deferred income492/3€30k€38k
Income statement Code20242025
Non-recurring operating income76A€37k€0
Remuneration, social security and pensions62€2.59M€2.51M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€74k
Other operating charges640/8€119k€112k
Gross operating margin9900€2.86M€2.83M
Operating profit (loss)9901€47k€135k
Financial income75/76B€39k€15k
Recurring financial income75€39k€15k
Financial charges65/66B€49k€67k
Recurring financial charges65€49k€67k
Profit (loss) for the period before taxes9903€37k€84k
Income taxes67/77€33k€46k
Profit (loss) for the period9904€4k€38k
Profit (loss) for the period to be appropriated9905€4k€38k
Appropriation of the result
Profit (loss) to be appropriated9906€4k€38k
Transfer to equity691/2€4k€38k
To other reserves6921€4k€38k
Social balance
Average headcount (FTE)908750.146.4

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 12 days late
29-07
State Gazette act Resignations: BEVERSE INVESTERINGSMAATSCHAPPIJ, JGM INVEST and Pierssens Conny
Appointments: BEVERSE INVESTERINGSMAATSCHAPPIJ, JGM INVEST and Pierssens Conny · Permanent representatives: Günther De Block and Marleen Pierssens · Reappointment: JGM INVEST (ondervoorzitter van de raad van bestuur)20 facts ▸
  • General meeting, 8 juli 2026
  • Statutes amendment
  • Capital, €100.000
  • Director resignation, BEVERSE INVESTERINGSMAATSCHAPPIJ (director)
  • Director resignation, JGM INVEST (director)
  • Director resignation, Pierssens Conny (director)
  • Director discharge, BEVERSE INVESTERINGSMAATSCHAPPIJ
  • Director discharge, JGM INVEST
  • Director discharge, Pierssens Conny
  • Director appointment, BEVERSE INVESTERINGSMAATSCHAPPIJ (director)
  • Director appointment, JGM INVEST (director)
  • Director appointment, Pierssens Conny (director)
  • +8 further facts in this act
2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-12
Financial Weakest financial yearnet €4k ▼84.2%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
23-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
02-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €333k ▲2515%
Operating result €364k, net result €333k, both a record.
24-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 directors, no change since 2026
BEVERSE INVESTERINGSMAATSCHAPPIJ
Chair of the board · since 29-07-2026 · Legal entity · perm. rep.: Günther De Block
Current
JGM INVEST
Director · since 08-07-2026 · Legal entity · perm. rep.: Marleen Pierssens
Current
29-07-2026 BEVERSE INVESTERINGSMAATSCHAPPIJ: Reappointed as Director
29-07-2026 BEVERSE INVESTERINGSMAATSCHAPPIJ: Appointed as Chair of the board
29-07-2026 JGM INVEST: Reappointed as Director
29-07-2026 Pierssens Conny: Reappointed as Director
08-07-2026 BEVERSE INVESTERINGSMAATSCHAPPIJ: Appointed as Managing director
Full history in the Timeline (6 changes) →
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1987
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Schaarbeekstraat(MEL) 159120 Beveren-Kruibeke-Zwijndrecht
Ground area
3.5 ha
Building footprint
2,333 m²
Parcel 46016D1358/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
Schaarbeekstraat(MEL) 15, 9120 Beveren-Kruibeke-Zwijndrecht
Water transport
since 19872.029.416.281
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46016D1358/00B000 Flanders 3.5 ha 1 · 2,333 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Purpose
Handel in bouwmaterialen, voertuigen, opliggers, containers en machines, import en export; De fabricatie, onderhoud en herstelling van voormelde en aanverwante goederen; Het…
Full purpose

Handel in bouwmaterialen, voertuigen, opliggers, containers en machines, import en export; De fabricatie, onderhoud en herstelling van voormelde en aanverwante goederen; Het bouwen, doen bouwen en ontwikkelen, kopen en verkopen van onroerende goederen; Huren en terbeschikkingstelling van personeel; Doorrekenen van administratie; Het uitbaten van een vervoeronderneming van alle voorwerpen, goederen en materialen, containers, stukgoederen en bulkgoederen, gassen en vloeistoffen, en personen, zowel te land, ter zee als in de lucht, zowel voor eigen rekening als voor rekening van derden. Het verrichten van nationaal en internationaal transport en alle aanverwante van goederen en personen. De deelneming onder gelijk welke vorm ook aan de oprichting, uitbreiding, omvorming, fusie, opslorping en de controle van ondernemingen van gelijk welke aard, en het verlenen aan ondernemingen waarin de vennootschap belang stelt van alle hulp, onder meer in de vorm van leningen, voorschotten of borgstellingen. In het algemeen alle commerciële, industriële, financiële, roerende en onroerende verrichtingen die in verband kunnen gebracht worden met wat hierboven niet-limitatief werd opgesomd. Dit alles zowel in het groot als in het klein, voor eigen rekening als voor rekening van derden, als tussenpersoon, makelaar of anderszins, en zowel in België als in het buitenland. De vennootschap mag ten voordele van derden tevens alle waarborgen toestaan, alle roerende goederen verpanden, alle onroerende goederen met hypotheek bezwaren.

Structure & network

Capital and shareholders

Capital over the years
  1. 29-07-2026 Capital stated in the act · 100,000 EUR · 4,000 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 5 entries · 27,397 EUR awarded · 27,358 EUR paid
Year Entries awardedpaid
2025 1 614 EUR575 EUR
2024 1 527 EUR527 EUR
2023 2 25,850 EUR25,850 EUR
2022 1 406 EUR406 EUR
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
1 entry · 25,500 EUR · 25,500 EUR paid · Departement Mobiliteit en Openbare Werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 1,897 EUR · 1,858 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Beveren-Kruibeke-Zwijndrecht2.029.416.281
4 permissions
Vervoer van diervoeders · since 05-12-2022
Vervoer andere dan levensmiddelen · since 09-03-2012
Vervoer kamer t° levensmiddelen · since 09-03-2012
and 1 more

Similar companies · same sector, comparable size

Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 3,113 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded16-05-1987
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.