DE SWEEMER PRECISION CASTING
ActiveSummary
DE SWEEMER PRECISION CASTING has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €787k and a net result of €-50k. Equity is growing by ~25.8% per year across the filed fiscal years. Its solvency ranks better than 52% of 121 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▲+15
Solvency68▼-11
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 3.32 in 2024; short-term debt: 39.4% and cash: 15.2% of total assets), but 57% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Sector 24
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 dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-50k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
22 d late
2023
22 d early
2022
28 d early
2021
32 d early
2020
29 d early
2019
29 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-50k▲ 82.8%
2024 · €-292k
2018: €-169k
2019: €-128k
2020: €-47k
2021: €268k
2022: €244k
2023: €545k
2024: €-292k
2018 → 2025
Working capital
€884k▼ 11.4%
2024 · €998k
2018: €771k
2019: €859k
2020: €959k
2021: €1.31M
2022: €1.60M
2023: €2.11M
2024: €998k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€340k-€584k▲ 71.9%€1.13M▲ 93.3%€837k▼ 25.9%€787k▼ 6.0%
Operating result€269k-€369k▲ 37.3%€712k▲ 93.0%€-212k€-37k▲ 82.4%
Net result€268k-€244k▼ 8.9%€545k▲ 123%€-292k€-50k▲ 82.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37k in 2025 against €212k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.83M
Fixed assets
€224k ▲ 101%
Current assets
€1.60M ▲ 12.3%
Equity and liabilities €1.83M
Equity
€787k ▼ 6.0%
Debt
€1.04M ▲ 48.1%
Debt's share of the balance-sheet total rises from 45.7% to 57.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▲
2024 · €-190k
Cash flow
€-17k▲
2024 · €-270k
Current ratio
2.23▼
2024 · 3.32
Quick ratio
1.58▼
2024 · 2.44
Debt to equity
1.32▲
2024 · 0.84
ROE
-6.4%▲
2024 · -34.9%
ROA
-2.7%▲
2024 · -19.0%
Interest coverage
-0.24▲
2024 · -7.96
Debt ≤ 1 year
€720k▲
2024 · €431k
Debt > 1 year
€250k=
2024 · €250k
Income taxes
€447▼
2024 · €59k
Staff costs
€1.17M▼
2024 · €1.27M
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.54M€1.83M▲
Fixed assets21/28€112k€224k▲
Tangible fixed assets22/27€112k€224k▲
Land and buildings22€330€22k▲
Plant, machinery and equipment23€60k€68k▲
Furniture and vehicles24€51k€41k▼
Assets under construction and advance payments27-€93k
Current assets29/58€1.43M€1.60M▲
Amounts receivable after more than one year29€46k€46k=
Other amounts receivable291€46k€46k=
Stocks and contracts in progress3€377k€469k▲
Stocks30/36€377k€469k▲
Amounts receivable within one year40/41€616k€806k▲
Trade receivables40€566k€749k▲
Other amounts receivable41€50k€56k▲
Current investments50/53€250k-
Cash at bank and in hand54/58€132k€277k▲
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.83M▲
Equity10/15€837k€787k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€769k€719k▼
Amounts payable17/49€703k€1.04M▲
Amounts payable after more than one year17€250k€250k=
Financial debts170/4€250k€250k=
Amounts payable within one year42/48€431k€720k▲
Trade debts44€211k€522k▲
Suppliers440/4€211k€522k▲
Taxes, remuneration and social security45€220k€198k▼
Taxes450/3€70k€64k▼
Remuneration and social security454/9€150k€134k▼
Other amounts payable47/48-€139
Accrued charges and deferred income492/3€22k€72k▲
Income statement
Code20242025
Non-recurring operating income76A-€90k
Remuneration, social security and pensions62€1.27M€1.17M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€34k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€2k€2k▼
Gross operating margin9900€1.08M€1.17M▲
Operating profit (loss)9901€-212k€-37k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€24k€15k▼
Recurring financial charges65€24k€15k▼
Profit (loss) for the period before taxes9903€-233k€-50k▲
Income taxes67/77€59k€447▼
Profit (loss) for the period9904€-292k€-50k▲
Profit (loss) for the period to be appropriated9905€-292k€-50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€769k€719k▼
Profit (loss) brought forward from the previous period14P€1.06M€769k▼
Social balance
Average headcount (FTE)908724.718.6▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-09
State Gazette act
Resignation: L&A Trans BV (non-statutory director)Permanent representative: Elias Vandevoorde · Appointment: E & S Recycling BV (non-statutory director) · Declaration7 facts ▸
State Gazette act
Resignation: L&A Trans BV (non-statutory director)
Permanent representative: Elias Vandevoorde · Appointment: E & S Recycling BV (non-statutory director) · Declaration7 facts ▸
- General meeting, 04-11-2025
- Director resignation, L&A Trans BV (non-statutory director)
- Permanent representative, Elias Vandevoorde (permanent representative)
- Declaration, kennisname en akkoord met ontslag vaste vertegenwoordiger
- Director appointment, E & S Recycling BV (non-statutory director)
- Permanent representative, Elias Vandevoorde (permanent representative)
- Declaration, kennisname en akkoord met benoeming vaste vertegenwoordiger
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet €-292k ▼154%
Net result drops to €-292k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €545k ▲123%
Operating result €712k, net result €545k, both a record.
31-12
Financial
Equity above €1MEq €1.13M ▲93.3%
3 profitable years in a row build equity to €1.13M.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €584k ▲71.9%
2 profitable years in a row build equity to €584k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €268k
Net result €268k after 3 loss-making years.
31-12
Financial
Equity above €200kEq €340k ▲376%
Equity rises from €71k to €340k.
Show earlier events
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 70 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2025
E & S Recycling BV
CurrentNon-statutory director · since 04-11-2025 · Legal entity · perm. rep.: Elias Vandevoorde
04-11-2025
E & S Recycling BV: Appointed as Non-statutory director
04-11-2025
L&A Trans BV: Resigned as Non-statutory director
Location & real-estate footprint
Registered office, Eeklo · 1 establishment unit since 2002
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.
Industrielaan 389900 EekloGround area
2.7 ha
Building footprint
2,443 m²
Volume, LiDAR
25,855 m³
Parcel 43352F0360/00Z000, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
D.S.P.C.
since 20022.096.022.421
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43352F0360/00Z000 | Flanders | 2.7 ha | 1 · 2,443 m² | 13.8 m · 4 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 594 EUR awarded · 594 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 594 EUR | 594 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Aciéries Somville
BE 0401.575.545
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GERO - INVEST
BE 0457.640.951
Aalst · Eq €925k
H. Dereu en Zoon
BE 0413.918.103
Ichtegem · Eq €950k
DICK & VANLAUWE
BE 0878.448.529
Wevelgem · Eq €965k
GUYSTALUX
BE 0419.789.967
Wevelgem · Eq €628k
Of 54 companies in sector 24510 we hold annual accounts for 44. 26 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
Founded29-04-2002
Fiscal year end31-12
Abbreviation NL
DSPC
Activities, NACEBEL 2025
24510Manufacture of basic metals
24540Manufacture of basic metals
24520Manufacture of basic metals
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.