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DEPRO PROFILES

Active
Public limited companyfounded 199233 years activeKazerneweg(KOM) 10, 7780 Comines-Warneton, BelgiumKBO/BCE: BE 0448.668.748
Summary

DEPRO PROFILES has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of €50,041. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 17% of 170 sector peers (NACE 16, fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Manufacture of other wood products
NACE 16281Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials NACE 16210
#1 employer in Hainaut, Wood and cork sector2 sites
Size
€57.1mturnover 2025
Staff
191 FTE
Equity
€6.8m
Profit
€50,041
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Parent
FINDES · 97.62%
Board
4 members
Holdings
2
Auditor: CALLENS VANDELANOTTEAccounts 15 days early
Why 68- Liquidity: current ratio 1.34, cash €171,204, halved- Equity €6.8m (21.2% of total assets)- Sector Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)- Profit of €50,041 (FY 2025)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 32% of its sector peers (all companies)
Financial strength · tick = 2024
Weak
Solvency 46-1
equity 21.2% of total assets
Liquidity 32-6
short-term debt 39.2% · cash 0.5%
Profitability 52-24
return on assets 0.2%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (25 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 0.3%▼ -0.3 percentage points vs 07-2025lowest value 09-2025: 0.3%● unchanged vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.4%▲ +0.1 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.7%● unchanged vs 08-2026highest value 10-2026: 0.7%● unchanged vs 09-2026highest value
Credit up to €460,000 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.77 in 2024; short-term debt: 39.2% and cash: 0.5% of total assets), and 78.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies): better than 34% on solvency, 31% on liquidity, 37% on profitability and 26% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk○neutral
raises risk · Liquidity: current ratio 1.34, cash €171,204, halved
NBB · annual accounts
raises risk · Equity €6.8m (21.2% of total assets)
NBB · annual accounts
raises risk · Sector Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
raises risk · Profit of €50,041 (FY 2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 170 sector peers (2025).
NBB · sector comparison
Position among 170 sector peers
Solvency
better than 17%
← weakest strongest →
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
15 days early
2023
5 days early
2022
29 days late
2021
24 days late
2020
3 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Resignation: SRL LEMANTOU (directeur général)Permanent representatives: Luc JONGBLOET and…
  3. Resignations: SRL PATRICK LECLUYSE (director) and…Director discharge

Key points

  • Caution: Result fell in 2025from €3.4m to €50,041 ▼ 98.5% View
  • Positive: Employer in Hainaut, Wood and cork sectorin the Checked rankings #1 View
  • Board changedlatest change 03-06-2026 · 4 in office 1 joined · 3 left View
  • Controlled by FINDESitself parent of 2 companies 97.62% View
  • Positive: 6 profitable years in a rowprofit 2025: €50,041 6 years View

By topic

Financials

Fiscal year
2025
Turnover
€57.1m
Profit
€50,041
Solvency
21.2%
Turnover▼ 11.3%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
FINDES · 97.62%
Auditor
CALLENS VANDELANOTTE
  • Patrick Reekmans ConsultingChair
  • Carmen BrilDirector
  • FINDESManaging director
  • Firmamentum FidumDirector
Go to Board & ownership

Timeline

Events
29
Since
2006
Next accounts
by 31-07-2027
  1. 04-03-2026Appointment: SRL PATRICK REEKMANS (director)
  2. 29-08-2025Reappointment: CALLENS VANDELANOTTE (statutory auditor)
  3. 16-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of other wood productsNACE 16281
Founded
20-11-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
La société a pour objet tant en Belgique qu'à l'étranger, pour compte propre, pour compte…
Go to Articles of association

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