DEFRACO
ActiveDEFRACO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €482k and a net result of €50k. Equity is growing by ~35% per year across the filed fiscal years. Its solvency ranks better than 41% of 7778 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-8
Solvency62▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.14 in 2024; short-term debt: 39.3% and cash: 20.4% of total assets), and 63% 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 43
Relative position
BE, all sectors
reference
Sector 43
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
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
37%
Return on assets
3.8%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
8 d late
2021
31 d late
2020
30 d late
2019
24 d late
2018
5 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€482k▲ 11.5%
2024 · €432k
2018: €59k
2019: €96k
2020: €157k
2021: €256k
2023: €303k
2024: €432k
2018 → 2025
Total assets
€1.30M▲ 3.0%
2024 · €1.27M
2018: €400k
2019: €691k
2020: €881k
2021: €803k
2023: €1.14M
2024: €1.27M
2018 → 2025
Net result
€50k▼ 61.4%
2024 · €129k
2018: €11k
2019: €38k
2020: €61k
2021: €99k
2023: €48k
2024: €129k
2018 → 2025
Working capital
€75k▼ 5.3%
2024 · €79k
2018: €-38k
2019: €-1k
2020: €-101k
2021: €30k
2023: €44k
2024: €79k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€157k-€256k▲ 63.0%€303k▲ 18.7%€432k▲ 42.7%€482k▲ 11.5%
Operating result€71k-€147k▲ 108%€71k▼ 51.7%€197k▲ 176%€99k▼ 49.5%
Net result€61k-€99k▲ 61.9%€48k▼ 51.7%€129k▲ 171%€50k▼ 61.4%
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 50% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.30M
Fixed assets
€716k▲ 16.8%
Current assets
€587k▼ 10.0%
Equity and liabilities €1.30M
Equity
€482k▲ 11.5%
Provisions
€2k=
Debt
€818k▼ 1.5%
The debt ratio falls from 65.7% to 62.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€343k▼
2024 · €370k
Cash flow
€293k▼
2024 · €303k
Solvency
37.0%▲
2024 · 34.2%
Current ratio
1.15▲
2024 · 1.14
Quick ratio
1.13▲
2024 · 1.13
Debt / equity
1.70▼
2024 · 1.92
ROE
10.4%▼
2024 · 29.9%
ROA
3.8%▼
2024 · 10.2%
Interest coverage
9.80▼
2024 · 14.52
Debt
€818k▼
2024 · €831k
Debt ≤ 1 year
€512k▼
2024 · €574k
Debt > 1 year
€306k▲
2024 · €257k
Income taxes
€14k▼
2024 · €42k
Staff costs
€45k▲
2024 · €41k
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€1.27M€1.30M▲
Fixed assets21/28€613k€716k▲
Tangible fixed assets22/27€611k€714k▲
Land and buildings22€11k€10k▼
Plant, machinery and equipment23€532k€640k▲
Furniture and vehicles24€68k€64k▼
Financial fixed assets28€2k€2k=
Current assets29/58€653k€587k▼
Stocks and contracts in progress3€5k€7k▲
Stocks30/36€5k€7k▲
Amounts receivable within one year40/41€305k€302k▼
Trade receivables40€262k€250k▼
Other amounts receivable41€43k€53k▲
Cash at bank and in hand54/58€330k€265k▼
Deferred charges and accrued income490/1€13k€14k▲
Equity and liabilities
Total equity and liabilities10/49€1.27M€1.30M▲
Equity10/15€432k€482k▲
Contributions10/11€20k€20k=
Reserves13€412k€462k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Tax-exempt reserves132€7k€7k=
Distributable reserves133€403k€453k▲
Provisions and deferred taxes16€2k€2k=
Deferred taxes168€2k€2k=
Amounts payable17/49€831k€818k▼
Amounts payable after more than one year17€257k€306k▲
Financial debts170/4€257k€306k▲
Amounts payable within one year42/48€574k€512k▼
Current portion of amounts payable after more than one year42€114k€112k▼
Financial debts43€15k€27k▲
Credit institutions430/8€15k€27k▲
Trade debts44€216k€151k▼
Suppliers440/4€216k€151k▼
Taxes, remuneration and social security45€36k€18k▼
Taxes450/3€26k€5k▼
Remuneration and social security454/9€10k€13k▲
Other amounts payable47/48€193k€204k▲
Income statement
Code20242025
Non-recurring operating income76A€36k€0▼
Remuneration, social security and pensions62€41k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€174k€243k▲
Other operating charges640/8€17k€6k▼
Gross operating margin9900€429k€395k▼
Operating profit (loss)9901€197k€99k▼
Financial income75/76B€5€70▲
Recurring financial income75€5€70▲
Financial charges65/66B€25k€35k▲
Recurring financial charges65€25k€35k▲
Profit (loss) for the period before taxes9903€171k€64k▼
Income taxes67/77€42k€14k▼
Profit (loss) for the period9904€129k€50k▼
Profit (loss) for the period to be appropriated9905€129k€50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€129k€50k▼
Transfer to equity691/2€129k€50k▼
To other reserves6921€129k€50k▼
Social balance
Average headcount (FTE)90871.11.3▲
The notes to these accounts (23 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
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2018net €129k ▲171%
Operating result €197k, net result €129k, both a record.
2023
08-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €200kEq €256k ▲63%
4 profitable years in a row build equity to €256k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €150kEq €157k ▲63.7%
3 profitable years in a row build equity to €157k.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Anzegem · 1 establishment unit since 2014
Ground area
2,490 m²
Building footprint
482 m²
Volume, LiDAR
2,714 m³
Parcel 34019A0186/00B000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEFRACO
since 20142.225.648.568
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34019A0186/00B000 | Flanders | 2,490 m² | 1 · 482 m² | 7.3 m · 2 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
ERWIN SCHELFHOUT
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Tongeren-Borgloon · Eq €483k
VERBOVEN FRANKIE
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Beringen · Eq €483k
VERHENNE FRANKY BOUWONDERNEMING
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TOPTEC BENELUX
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,199 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-01-2014
Fiscal year end31-03
Activities, NACEBEL
01610Support activities for crop production
43120Site preparation
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.