DEGACO
ActiveSummary
DEGACO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €124k and a net result of €2k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 88% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-41
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 9.58 against 16.81 in 2024; short-term debt: 10% and cash: 31.5% of total assets), and 10.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
89.7%
Return on assets
1.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-02-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
on the day
2023
1 d early
2022
2 d late
2021
on the day
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€124k▼ 19.4%
2024 · €153k
2018: €116k
2019: €150k
2020: €157k
2021: €163k
2022: €132k
2023: €148k
2024: €153k
2018 → 2025
Total assets
€138k▼ 15.5%
2024 · €163k
2018: €179k
2019: €232k
2020: €202k
2021: €184k
2022: €160k
2023: €157k
2024: €163k
2018 → 2025
Net result
€2k▼ 86.6%
2024 · €17k
2018: €31k
2019: €59k
2020: €7k
2021: €26k
2022: €31k
2023: €32k
2024: €17k
2018 → 2025
Working capital
€118k▼ 19.9%
2024 · €147k
2018: €106k
2019: €151k
2020: €149k
2021: €158k
2022: €126k
2023: €141k
2024: €147k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€163k-€132k▼ 18.8%€148k▲ 11.8%€153k▲ 3.7%€124k▼ 19.4%
Operating result€32k-€45k▲ 42.9%€46k▲ 1.2%€28k▼ 39.3%€6k▼ 77.6%
Net result€26k-€31k▲ 21.4%€32k▲ 1.2%€17k▼ 47.7%€2k▼ 86.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 78% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138k
Fixed assets
€6k ▼ 6.4%
Current assets
€132k ▼ 15.9%
Equity and liabilities €138k
Equity
€124k ▼ 19.4%
Debt
€14k ▲ 46.1%
Debt's share of the balance-sheet total rises from 6.0% to 10.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7k▼
2024 · €28k
Cash flow
€3k▼
2024 · €17k
Current ratio
9.58▼
2024 · 16.81
Debt to equity
0.11▲
2024 · 0.06
ROE
1.8%▼
2024 · 10.8%
ROA
1.6%▼
2024 · 10.2%
Interest coverage
2.28▼
2024 · 8.17
Debt ≤ 1 year
€14k▲
2024 · €9k
Income taxes
€2k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€163k€138k▼
Fixed assets21/28€6k€6k▼
Tangible fixed assets22/27€6k€6k▼
Plant, machinery and equipment23€6k€6k▼
Financial fixed assets28€335€335=
Current assets29/58€157k€132k▼
Amounts receivable within one year40/41€102k€87k▼
Trade receivables40€25k€30k▲
Other amounts receivable41€77k€57k▼
Cash at bank and in hand54/58€53k€43k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€163k€138k▼
Equity10/15€153k€124k▼
Contributions10/11€19k€19k=
Reserves13€123k€91k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€123k€91k▼
Profit (loss) carried forward14€12k€14k▲
Amounts payable17/49€10k€14k▲
Amounts payable within one year42/48€9k€14k▲
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€6k€5k▼
Remuneration and social security454/9€2k€4k▲
Accrued charges and deferred income492/3€387€420▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€652€408▼
Other operating charges640/8€1k€977▼
Gross operating margin9900€29k€8k▼
Operating profit (loss)9901€28k€6k▼
Financial income75/76B€62€883▲
Recurring financial income75€62€883▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€24k€4k▼
Income taxes67/77€8k€2k▼
Profit (loss) for the period9904€17k€2k▼
Profit (loss) for the period to be appropriated9905€17k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€14k▼
Profit (loss) brought forward from the previous period14P€12k€12k▲
Transfer from equity791/2€11k€32k▲
Transfer to equity691/2€17k€0▼
To other reserves6921€17k€0▼
Profit to be distributed694/7€11k€32k▲
Return on contributions (dividend)694€11k€32k▲
The notes to these accounts (13 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
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €2k ▼86.6%
Net result drops to €2k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €150kEq €153k ▲3.7%
7 profitable years in a row build equity to €153k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity triplescurrent ratio 16.63
Current ratio from 5.73 to 16.63; short-term debt falls from €27k to €9k.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €150kEq €157k ▲4.9%
3 profitable years in a row build equity to €157k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €59k ▲90.4%
Operating result €76k, net result €59k, both a record.
Show earlier events
05-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Destelbergen · 1 establishment unit since 2000
Ground area
1.9 ha
Building footprint
472 m²
Volume, LiDAR
5,240 m³
Parcel 44028C0078/00N005, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Hoge Steenakker(HEU) 1, 9070 Destelbergen
since 20002.040.215.153
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028C0078/00N005 | Flanders | 1.9 ha | 1 · 472 m² | 15.6 m · 4 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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TO BE TITLED
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,855 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-1988
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
46170Agents in the wholesale of food, beverages and tobacco
73110Advertising agencies
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.