Financials
- Financial year
- 2019
- Total assets
- €25,800
- Profit
- €4
- Solvency
- 66.2%
Summary
The computed 12-month bankruptcy probability of DEGCON is 1.6% (moderate). The 2019 annual accounts show equity of €17,068 and a net result of €4. The company has been active since 1998 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Business and other management consultancy
NACE 70200
1 site
Size
€25,800total assets 2019
- Equity
- €17,068
- Profit
- €4
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 1.6%
2019 figures too old to score
Structure
Accounts 1904 days overdue
Signalsraises riskFigures for financial year 2019 (filed 02-11-2020)3 financial years not filed after the legal deadline; latest accounts 87 days late; 3 of the last 3 lateAdministrative warnings in the KBO publicationslowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 2.95, cash €16,479neutralNo filing for yearsFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2019 · tick = 2018
Strong
Solvency
91+2
equity 66.2% of total assets
Liquidity
85+1
short-term debt 33.8% · cash 63.9%
Profitability
38+2
return on assets 0.0%
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.6%highest value
12-2024: 1.6%● unchanged vs 11-2024highest value
01-2025: 1.6%● unchanged vs 12-2024highest value
02-2025: 1.6%● unchanged vs 01-2025highest value
03-2025: 1.6%● unchanged vs 02-2025highest value
04-2025: 1.6%● unchanged vs 03-2025highest value
05-2025: 1.6%● unchanged vs 04-2025highest value
06-2025: 1.6%● unchanged vs 05-2025highest value
07-2025: 1.6%● unchanged vs 06-2025highest value
08-2025: 1.6%● unchanged vs 07-2025highest value
09-2025: 1.6%● unchanged vs 08-2025highest value
10-2025: 1.6%● unchanged vs 09-2025highest value
11-2025: 1.6%● unchanged vs 10-2025highest value
12-2025: 1.6%● unchanged vs 11-2025highest value
01-2026: 1.6%● unchanged vs 12-2025highest value
02-2026: 1.6%● unchanged vs 01-2026highest value
03-2026: 1.6%● unchanged vs 02-2026highest value
04-2026: 1.6%● unchanged vs 03-2026highest value
05-2026: 1.6%● unchanged vs 04-2026highest value
06-2026: 1.6%● unchanged vs 05-2026highest value
07-2026: 1.6%● unchanged vs 06-2026highest value
08-2026: 1.6%● unchanged vs 07-2026highest value
09-2026: 1.6%● unchanged vs 08-2026highest value
10-2026: 1.6%● unchanged vs 09-2026highest value
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Signals
Seven signals.
lowers riskraises riskneutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 year end31-07-2021 deadline17-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 26-10-2020, 87 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
87 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2019 accounts 87 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawal
- Annual accounts filedfinancial year 2019 · micro…
- Strikeout withdrawalevent 13-02-2020
- Annual accounts filedfinancial year 2018 · micro…
Key points
By topic
Timeline
- Events
- 20
- Since
- 2000
- 13-02-2020Annual accounts filed
- 13-02-2020Annual accounts filed
- 13-02-2020Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 09-11-1998
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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