WERKHUIZEN DECLOEDT
ActiveWERKHUIZEN DECLOEDT has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €400k and a net result of €53k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 509 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-11
Solvency61▲+6
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.78 in 2023; short-term debt: 31.7% and cash: 19.2% of total assets), but 64.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €400k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
34 d early
2022
17 d early
2021
81 d early
2020
1 d early
2019
11 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€400k▲ 15.2%
2023 · €347k
2018: €1.37M
2019: €1.61M
2020: €1.61M
2021: €244k
2022: €309k
2023: €347k
2018 → 2024
Total assets
€1.12M▼ 2.9%
2023 · €1.16M
2018: €1.88M
2019: €2.33M
2020: €2.19M
2021: €939k
2022: €908k
2023: €1.16M
2018 → 2024
Net result
€53k▼ 66.5%
2023 · €158k
2018: €138k
2019: €455k
2020: €21k
2021: €134k
2022: €65k
2023: €158k
2018 → 2024
Working capital
€313k▲ 12.6%
2023 · €278k
2018: €1.21M
2019: €1.47M
2020: €1.47M
2021: €94k
2022: €212k
2023: €278k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.61M-€244k▼ 84.9%€309k▲ 26.8%€347k▲ 12.3%€400k▲ 15.2%
Operating result€12k-€133k▲ 1,033%€76k▼ 43.1%€212k▲ 181%€101k▼ 52.5%
Net result€21k-€134k▲ 547%€65k▼ 51.3%€158k▲ 142%€53k▼ 66.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 52% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.12M
Fixed assets
€456k▼ 12.7%
Current assets
€669k▲ 5.2%
Equity and liabilities €1.12M
Equity
€400k▲ 15.2%
Debt
€724k▼ 10.6%
The debt ratio falls from 70.0% to 64.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€183k▼
2023 · €276k
Cash flow
€135k▼
2023 · €222k
Solvency
35.6%▲
2023 · 30.0%
Current ratio
1.88▲
2023 · 1.78
Quick ratio
1.62▲
2023 · 1.59
Debt / equity
1.81▼
2023 · 2.33
ROE
13.2%▼
2023 · 45.5%
ROA
4.7%▼
2023 · 13.6%
Interest coverage
7.11▼
2023 · 16.00
Debt
€724k▼
2023 · €810k
Debt ≤ 1 year
€356k▼
2023 · €358k
Debt > 1 year
€363k▼
2023 · €448k
Income taxes
€22k▼
2023 · €37k
Staff costs
€540k▲
2023 · €521k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.16M€1.12M▼
Fixed assets21/28€522k€456k▼
Intangible fixed assets21€6k€5k▼
Tangible fixed assets22/27€516k€451k▼
Land and buildings22€72k€57k▼
Plant, machinery and equipment23€2k€15k▲
Furniture and vehicles24€34k€24k▼
Leasing and similar rights25€408k€355k▼
Current assets29/58€636k€669k▲
Stocks and contracts in progress3€68k€92k▲
Stocks30/36€43k€42k▼
Contracts in progress37€25k€50k▲
Amounts receivable within one year40/41€388k€359k▼
Trade receivables40€388k€356k▼
Other amounts receivable41€400€4k▲
Cash at bank and in hand54/58€174k€216k▲
Deferred charges and accrued income490/1€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.12M▼
Equity10/15€347k€400k▲
Contributions10/11€53k€53k=
Reserves13€295k€348k▲
Non-distributable reserves130/1€5k€0▼
Reserves not available under the articles1311€5k-
Other1319-€0
Tax-exempt reserves132€38k€38k=
Distributable reserves133€252k€310k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€810k€724k▼
Amounts payable after more than one year17€448k€363k▼
Financial debts170/4€348k€263k▼
Other amounts payable178/9€100k€100k=
Amounts payable within one year42/48€358k€356k▼
Current portion of amounts payable after more than one year42€103k€85k▼
Financial debts43€21k€47k▲
Credit institutions430/8€21k€47k▲
Trade debts44€143k€140k▼
Suppliers440/4€143k€140k▼
Taxes, remuneration and social security45€55k€84k▲
Taxes450/3€17k€27k▲
Remuneration and social security454/9€38k€57k▲
Other amounts payable47/48€36k€0▼
Accrued charges and deferred income492/3€5k€5k▲
Income statement
Code20232024
Remuneration, social security and pensions62€521k€540k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€82k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-280
Other operating charges640/8€29k€33k▲
Gross operating margin9900€826k€755k▼
Operating profit (loss)9901€212k€101k▼
Financial income75/76B€110€0▼
Recurring financial income75€110€0▼
Non-recurring financial income76B€0-
Financial charges65/66B€17k€26k▲
Recurring financial charges65€17k€26k▲
Profit (loss) for the period before taxes9903€195k€75k▼
Income taxes67/77€37k€22k▼
Profit (loss) for the period9904€158k€53k▼
Profit (loss) for the period to be appropriated9905€158k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€158k€53k▼
Transfer from equity791/2€84k€0▼
Transfer to equity691/2€122k€53k▼
To other reserves6921€122k€53k▼
Profit to be distributed694/7€120k€0▼
Return on contributions (dividend)694€84k€0▼
Directors or managers695€36k€0▼
Social balance
Average headcount (FTE)90878.68.6=
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €21k ▼95.4%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 11 days late
2019
31-12
Financial
Highest result since 2018net €455k ▲231%
Net result €455k, the highest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 5 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, Bredene · 1 establishment unit since 1948
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.
Brugsesteenweg 938450 BredeneGround area
6,865 m²
Building footprint
2,655 m²
Volume, LiDAR
20,245 m³
Parcel 35302D0172/00B000, Flanders · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WERKHUIZEN DECLOEDT
since 19482.003.179.662
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35302D0172/00B000 | Flanders | 6,865 m² | 1 · 2,655 m² | 8.7 m · 3 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.
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SYBERMAT
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Braine-l'Alleud · Eq €262k
Of 41 companies in sector 28920 we hold annual accounts for 28. 22 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
28520
28920Manufacture of machinery and equipment not elsewhere classified
29520
25110Manufacture of metal structures and parts of structures
28110
52740
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.