De Voeg
ActiveDe Voeg has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €339k and a net result of €65k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 32% of 1198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-22
Solvency52▼-18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 2.59 in 2024; short-term debt: 47.6% and cash: 8.7% of total assets), and 72.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.1%
Return on assets
5.2%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 filingsDeviation from the deadline
2025
25 d late
2024
29 d late
2023
125 d early
2022
22 d late
2021
30 d early
2020
47 d late
2019
15 d early
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€339k▼ 20.1%
2024 · €424k
2018: €117k
2019: €132k
2020: €216k
2021: €270k
2022: €310k
2023: €428k
2024: €424k
2018 → 2025
Total assets
€1.25M▲ 33.4%
2024 · €937k
2018: €181k
2019: €426k
2020: €444k
2021: €805k
2022: €856k
2023: €896k
2024: €937k
2018 → 2025
Net result
€65k▼ 69.2%
2024 · €210k
2018: €56k
2019: €78k
2020: €84k
2021: €125k
2022: €160k
2023: €155k
2024: €210k
2018 → 2025
Working capital
€238k▼ 26.1%
2024 · €322k
2018: €78k
2019: €79k
2020: €135k
2021: €132k
2022: €174k
2023: €287k
2024: €322k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€270k-€310k▲ 14.9%€428k▲ 38.0%€424k▼ 0.8%€339k▼ 20.1%
Operating result€149k-€220k▲ 47.1%€210k▼ 4.6%€270k▲ 28.6%€94k▼ 65.0%
Net result€125k-€160k▲ 28.0%€155k▼ 3.5%€210k▲ 35.8%€65k▼ 69.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.25M
Fixed assets
€417k▲ 0.9%
Current assets
€834k▲ 59.2%
Equity and liabilities €1.25M
Equity
€339k▼ 20.1%
Debt
€912k▲ 77.7%
The debt ratio rises from 54.7% to 72.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€129k▼
2024 · €299k
Cash flow
€99k▼
2024 · €240k
Solvency
27.1%▼
2024 · 45.3%
Current ratio
1.40▼
2024 · 2.59
Quick ratio
1.40▼
2024 · 2.59
Debt / equity
2.69▲
2024 · 1.21
ROE
19.1%▼
2024 · 49.5%
ROA
5.2%▼
2024 · 22.4%
Interest coverage
10.73▼
2024 · 27.29
Debt
€912k▲
2024 · €513k
Debt ≤ 1 year
€596k▲
2024 · €202k
Debt > 1 year
€313k▲
2024 · €308k
Income taxes
€22k▼
2024 · €52k
Staff costs
€63k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€937k€1.25M▲
Fixed assets21/28€414k€417k▲
Tangible fixed assets22/27€414k€417k▲
Land and buildings22€390k€375k▼
Plant, machinery and equipment23€12k€8k▼
Furniture and vehicles24€11k€34k▲
Other tangible fixed assets26€1k€447▼
Current assets29/58€524k€834k▲
Amounts receivable after more than one year29-€100k
Other amounts receivable291-€100k
Amounts receivable within one year40/41€339k€621k▲
Trade receivables40€280k€413k▲
Other amounts receivable41€59k€208k▲
Cash at bank and in hand54/58€184k€109k▼
Deferred charges and accrued income490/1€419€4k▲
Equity and liabilities
Total equity and liabilities10/49€937k€1.25M▲
Equity10/15€424k€339k▼
Contributions10/11€19k€19k=
Reserves13€406k€320k▼
Distributable reserves133€406k€320k▼
Amounts payable17/49€513k€912k▲
Amounts payable after more than one year17€308k€313k▲
Financial debts170/4€308k€313k▲
Amounts payable within one year42/48€202k€596k▲
Current portion of amounts payable after more than one year42€25k€33k▲
Financial debts43€10k€12k▲
Credit institutions430/8€10k€12k▲
Trade debts44€81k€275k▲
Suppliers440/4€81k€275k▲
Taxes, remuneration and social security45€23k€25k▲
Taxes450/3€23k€23k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€64k€252k▲
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€63k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€35k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€302k€196k▼
Operating profit (loss)9901€270k€94k▼
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€11k€12k▲
Recurring financial charges65€11k€12k▲
Profit (loss) for the period before taxes9903€262k€87k▼
Income taxes67/77€52k€22k▼
Profit (loss) for the period9904€210k€65k▼
Profit (loss) for the period to be appropriated9905€210k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€210k€65k▼
Transfer from equity791/2€153k€150k▼
Transfer to equity691/2€150k€65k▼
To other reserves6921€150k€65k▼
Profit to be distributed694/7€213k€150k▼
Return on contributions (dividend)694€153k€150k▼
Directors or managers695€60k-
Social balance
Average headcount (FTE)9087-1.5
The notes to these accounts (11 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €210k ▲35.8%
Operating result €270k, net result €210k, both a record.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 3.64
Current ratio from 1.65 to 3.64; short-term debt falls from €121k to €51k.
31-12
Financial
Equity above €200kEq €216k ▲64%
3 profitable years in a row build equity to €216k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wortegem-Petegem · 1 establishment unit since 2014
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.
Clemmenstraat (P.) 29790 Wortegem-PetegemGround area
4,689 m²
Building footprint
2,385 m²
Volume, LiDAR
5,636 m³
Parcel 45039B0126/00M002, Flanders · tallest building 14.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
De Voeg
since 20142.237.129.608
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45039B0126/00M002 | Flanders | 4,689 m² | 1 · 2,385 m² | 14.0 m · 1 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.
Similar companies · same sector, comparable size
SECONET
BE 0862.395.821
Mons · Eq €339k
KARMA CONSTRUCT
BE 0837.794.641
Tubize · Eq €337k
PEETERS RUIMDIENST
BE 0871.584.293
Kalmthout · Eq €337k
N.S.M. (NETTOYAGE SERVICES MAINTENANCE)
BE 0462.753.445
Elsene · Eq €341k
CONINGS
BE 0474.444.915
Maasmechelen · Eq €341k
Of 7,008 companies in sector 81220 we hold annual accounts for 2,416. 1,583 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2014
Fiscal year end31-12
Activities, NACEBEL
43910Bricklaying and masonry work
43992Specialised construction activities
81220Other building cleaning and industrial cleaning
43422Screed work
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.