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DEROO

Active
Private limited companyfounded 199431 yrs activeAartrijkestraat 225, 8820 Torhout, BelgiumKBO/BCE: BE 0453.993.058

DEROO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €783k and a net result of €128k. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 58% of 1000 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
93 / 100
Excellent▼ -1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-18
Solvency96▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 5.04 against 4.95 in 2024), and 47% 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 riskneutral
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
elevated failure risk from 2 to 8 years 31 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
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 2025
Solvency, return and age of the figures
Solvency
53%
Return on assets
8.6%
Age of the figures
8 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 d early
2024
91 d late
2023
86 d late
2022
28 d early
2021
94 d late
2020
51 d late
2019
31 d late
← 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 months
Position in the running window
05-09-2026 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, abbreviated schema

Equity
€783k▲ 19.5%
2024 · €656k
2021: €314k 2022: €420k 2023: €506k 2024: €656k
2021 → 2025
Total assets
€1.48M▲ 5.1%
2024 · €1.41M
2021: €1.25M 2022: €1.52M 2023: €1.48M 2024: €1.41M
2021 → 2025
Net result
€128k▼ 14.8%
2024 · €150k
2021: €89k 2022: €105k 2023: €86k 2024: €150k
2021 → 2025
Working capital
€1.18M▲ 5.3%
2024 · €1.12M
2021: €283k 2022: €397k 2023: €499k 2024: €1.12M
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€314k-€420k▲ 33.5%€506k▲ 20.5%€656k▲ 29.7%€783k▲ 19.5%
Operating result€124k-€143k▲ 15.7%€124k▼ 13.5%€223k▲ 79.7%€178k▼ 20.2%
Net result€89k-€105k▲ 17.8%€86k▼ 18.3%€150k▲ 74.3%€128k▼ 14.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2021: €124k€124kNet result 2021: €89k€89kOperating result 2022: €143k€143kNet result 2022: €105k€105kOperating result 2023: €124k€124kNet result 2023: €86k€86kOperating result 2024: €223k€223kNet result 2024: €150k€150kOperating result 2025: €178k€178kNet result 2025: €128k€128k20212022202320242025
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.48M
Fixed assets €4k
Current assets €1.48M
Equity and liabilities €1.48M
Equity €783k▲ 19.5%
Debt €696k▼ 7.5%
The debt ratio falls from 53.4% to 47.0%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€178k
2024 · €229k
Cash flow
€128k
2024 · €156k
Solvency
53.0%
2024 · 46.6%
Current ratio
5.04
2024 · 4.95
Quick ratio
4.70
2024 · 4.74
Debt / equity
0.89
2024 · 1.15
ROE
16.3%
2024 · 22.9%
ROA
8.6%
2024 · 10.7%
Interest coverage
18.49
2024 · 15.41
Debt
€696k
2024 · €752k
Debt ≤ 1 year
€293k
2024 · €284k
Debt > 1 year
€397k
2024 · €455k
Income taxes
€50k
2024 · €68k
Staff costs
€229k
2024 · €191k
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
Total assets 20/58€1.41M€1.48M
Fixed assets 21/28-€4k
Tangible fixed assets 22/27-€4k
Current assets 29/58€1.41M€1.48M
Stocks & contracts in progress 3€59k€98k
Amounts receivable within one year 40/41€186k€117k
Investments 50/53€500k€500k=
Cash & bank 54/58€54k€151k
Total equity & liabilities 10/49€1.41M€1.48M
Equity 10/15€656k€783k
Contributions / capital 10/11€62k€62k=
Reserves 13€594k€721k
Amounts payable 17/49€752k€696k
Amounts payable after one year 17€455k€397k
Amounts payable within one year 42/48€284k€293k
Trade debts payable within one year 44€171k€177k
Income statement Code20242025
Gross operating margin 9900€422k€409k
Operating result 9901€223k€178k
Financial income 75€10k€10k=
Financial charges 65€15k€10k
Result before taxes 9903€218k€178k
Income taxes 67/77€68k€50k
Net result for the period 9904€150k€128k
Result to be appropriated 9905€150k€128k

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 91 days late
2024
31-12
Financial Highest result since 2021net €150k ▲74.3%
Operating result €223k, net result €150k, both a record.
31-12
Financial Liquidity triplescurrent ratio 4.95
Current ratio from 1.51 to 4.95; short-term debt falls from €974k to €284k.
25-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 86 days late
2023
31-12
Financial Weakest financial yearnet €86k ▼18.3%
Net result drops to €86k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €500kEq €506k ▲20.5%
3 profitable years in a row build equity to €506k.
03-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 94 days late
2021
20-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 51 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
23-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
2018
21-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 904 companies in sector 25120 we hold annual accounts for 659. 499 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-12-1994
Fiscal year end31-12
Activities, NACEBEL
20510
25120Manufacture of fabricated metal products, except machinery and equipment
28120
16281Manufacture of other wood products
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers

Data from official sources, last processed on 21-07-2026. Scores and ratios are computed by Checked and are not a credit decision.