Desembrood & Co

Active

Private limited companyfounded 20196 yrs activeSint-Pietersnieuwstraat 11, 9000 Gent, BelgiumKBO/BCE: BE 0736.619.780

The computed 12-month bankruptcy probability of Desembrood & Co is 3.0% (moderate). The 2025 annual accounts show negative equity (€-177k) and a net result of €-407k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 1543 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

28 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-11

Solvency19▼-4

Growth32=

Track record100

Bankruptcy probability, 12 months

3.0% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.31 against 0.34 in 2024; short-term debt: 30.9% and cash: 2.9% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 10

Relative position

BE, all sectors

reference

Sector 10

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-6.4%

Return on assets

-14.6%

Age of the figures

9 mo

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

202122232425

2020 to 2025 · latest year €-177k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 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 · 6 filings

Deviation from the deadline

2025

39 d late

2024

61 d late

2023

61 d late

2022

40 d early

2021

30 d late

2020

30 d late

← before the deadline after the deadline →

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

21-09-2026 today31-12-2026 close31-07-2027 deadline

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, micro schema

Equity

€-177k▼ 153%

2024 · €-70k

2020: €-4k 2021: €24k 2022: €44k 2023: €26k 2024: €-70k

2020 → 2025

Total assets

€2.78M▼ 3.3%

2024 · €2.88M

2020: €118k 2021: €115k 2022: €119k 2023: €124k 2024: €2.88M

2020 → 2025

Net result

€-407k▼ 136%

2024 · €-172k

2020: €-14k 2021: €28k 2022: €20k 2023: €-18k 2024: €-172k

2020 → 2025

Working capital

€-596k▼ 54.4%

2024 · €-386k

2020: €-43k 2021: €-11k 2022: €-3k 2023: €-31k 2024: €-386k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€24k-€44k▲ 84.6%€26k▼ 40.9%€-70k€-177k▼ 153%

Operating result€34k-€32k▼ 6.1%€-13k€-133k▼ 931%€-340k▼ 156%

Net result€28k-€20k▼ 28.6%€-18k€-172k▼ 858%€-407k▼ 136%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €340k in 2025 against €133k in 2024; the loss grows and 2025 has the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €2.78M

90.5%

Fixed assets €2.52M▼ 6.1%

Current assets €264k▲ 35.1%

Key figures and ratios

2025 value · change against 2024

EBITDA

€-136k▼

2024 · €-43k

Cash flow

€-203k▼

2024 · €-83k

Solvency

-6.4%▼

2024 · -2.4%

Current ratio

0.31▼

2024 · 0.34

Quick ratio

0.29▼

2024 · 0.31

Debt / equity

-16.70▲

2024 · -42.06

ROA

-14.6%▼

2024 · -6.0%

Interest coverage

-2.02▼

2024 · -1.10

Debt

€2.96M▲

2024 · €2.95M

Debt ≤ 1 year

€860k▲

2024 · €582k

Debt > 1 year

€2.08M▼

2024 · €2.36M

Staff costs

€666k▲

2024 · €358k

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€2.88M€2.78M▼

Fixed assets21/28€2.68M€2.52M▼

Intangible fixed assets21€9k€7k▼

Tangible fixed assets22/27€2.66M€2.50M▼

Land and buildings22€2.06M€1.97M▼

Plant, machinery and equipment23€276k€253k▼

Furniture and vehicles24€12k€11k▼

Leasing and similar rights25€147k€114k▼

Other tangible fixed assets26€174k€156k▼

Financial fixed assets28€7k€7k=

Current assets29/58€195k€264k▲

Stocks and contracts in progress3€14k€14k=

Stocks30/36€14k€14k=

Amounts receivable within one year40/41€36k€153k▲

Trade receivables40€27k€148k▲

Other amounts receivable41€9k€6k▼

Cash at bank and in hand54/58€133k€81k▼

Deferred charges and accrued income490/1€12k€15k▲

Equity and liabilities

Total equity and liabilities10/49€2.88M€2.78M▼

Equity10/15€-70k€-177k▼

Contributions10/11€85k€385k▲

Reserves13€34k€34k=

Distributable reserves133€34k€34k=

Profit (loss) carried forward14€-189k€-596k▼

Amounts payable17/49€2.95M€2.96M▲

Amounts payable after more than one year17€2.36M€2.08M▼

Financial debts170/4€2.36M€2.08M▼

Amounts payable within one year42/48€582k€860k▲

Current portion of amounts payable after more than one year42€166k€180k▲

Financial debts43€28k€424▼

Credit institutions430/8€28k€424▼

Trade debts44€307k€258k▼

Suppliers440/4€307k€258k▼

Advances received on contracts in progress46-€112k

Taxes, remuneration and social security45€79k€102k▲

Taxes450/3€28k€30k▲

Remuneration and social security454/9€51k€72k▲

Other amounts payable47/48€2k€207k▲

Accrued charges and deferred income492/3€4k€16k▲

Income statement Code20242025

Remuneration, social security and pensions62€358k€666k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90k€204k▲

Other operating charges640/8€4k€17k▲

Non-recurring operating charges66A-€20k

Gross operating margin9900€320k€567k▲

Operating profit (loss)9901€-133k€-340k▼

Financial income75/76B€14€10▼

Recurring financial income75€14€10▼

Financial charges65/66B€40k€67k▲

Recurring financial charges65€40k€67k▲

Profit (loss) for the period before taxes9903€-172k€-407k▼

Profit (loss) for the period9904€-172k€-407k▼

Profit (loss) for the period to be appropriated9905€-172k€-407k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-189k€-596k▼

Profit (loss) brought forward from the previous period14P€-17k€-189k▼

The notes to these accounts (13 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

All 8Financial 2Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

08-09

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 39 days late

2025

31-12

Financial Weakest financial yearnet €-407k

Net result drops to €-407k, the lowest in the series.

30-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 61 days late

2024

30-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 61 days late

2023

21-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

30-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 30 days late

2021

31-12

Financial Back to profitnet €28k

Net result €28k after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 30 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 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, Gent · 2 establishment units since 2019

establishment All 2 establishment units 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.

Sint-Pietersnieuwstraat 119000 Gent

Ground area

421 m²

Building footprint

353 m²

Volume, LiDAR

4,949 m³

2 parcels, Flanders · tallest building 20.2 m, ±5 floors. Linked by address, not a title deed.

2 establishment units

Bakker Klaas

Alphonse Claeys-Bouüaertlaan 5, 9030 GentManufacture of food products

since 20192.294.873.510

Bakker Klaas - Wintercircus

Sint-Pietersnieuwstraat 11, 9000 GentArtisanal bread and fresh pastry making

since 20242.363.271.079

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44805E0287/00N000 ProtectedTownscape or village viewKatoenspinnerij De Gandt-Vander Schueren en omgevingSource ↗	Flanders	359 m²	1 · 282 m²	20.2 m · 5 fl.
44038A0825/00N003	Flanders	62 m²	1 · 71 m²	9.7 m · 3 fl.