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DEGUSCH

Active
Public limited companyfounded 1987active for 39 yearsPaul Parmentierlaan 254/1, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0430.953.875
Summary

The computed 12-month bankruptcy probability of DEGUSCH is 1.9% (moderate). The 2024 annual accounts show equity of €1.7m and a net result of €69,423. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 36% of 11,034 sector peers (NACE 68, financial year 2025). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€4.8mtotal assets 2024
Equity
€1.7m
Profit
€69,423
Turnover not published (abbreviated or micro format)Net result -72%: other schema
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Accounts 77 days overdue1 of 6 deeds read
Why 54raises riskLiquidity: current ratio 1.56, cash €12,609Figures for financial year 2024 (filed 07-10-2025)1 change of registered office in 24 monthslowers riskFounded in 1987Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 40% of its sector peers (NACE 68, small)
Financial strength · tick = 2023
Weak
Solvency 60+2
equity 34.6% of total assets
Liquidity 22-1
short-term debt 56.0% · cash 0.3%
Profitability 34-16
return on assets 1.4%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,975 companies, NACE 68, small)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.4%▼ -0.1 percentage points vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 1.0%▲ +0.1 percentage points vs 08-2025 10-2025: 1.4%▲ +0.4 percentage points vs 09-2025 11-2025: 0.3%▼ -1.1 percentage points vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.3 percentage points vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.2 percentage points vs 07-2026 09-2026: 1.2%▲ +0.3 percentage points vs 08-2026 10-2026: 1.9%▲ +0.7 percentage points vs 09-2026highest value
Credit of up to €85,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.56, compared with 1.58 in 2023, above the usual 1.5; short-term debt: 56% and cash: 0.3% of total assets), but 65.4% of the assets are financed with debt and provisions.
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 (NACE 68, small): better than 54% on solvency, 17% on liquidity, 27% on profitability and 61% on growth.

The bankruptcy probability was computed on 15-10-2026 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.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.56, cash €12,609
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 07-10-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 1987
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 77 days later.
NBB · 9 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 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 · 9 filings
Deviation from the deadline
2025
not filed
2024
58 days late
2023
107 days early
2022
53 days late
2021
78 days late
2020
73 days early
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 12 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Registered office · Resignations & appointmentsResignations: DE GUCHT Karel Lodewijk…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Among the weakest 5% on net resultsector median €10,212 · 11,025 companies -€975,718 View
  • Caution: Result fell in 2024different schema filed ▼ 71.9% View
  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View
  • Directors leftlatest change 22-04-2026 · 0 in office 4 left View
  • Positive: 7 profitable years in a rowprofit 2024: €69,423 7 years View

By topic

Financials

Financial year
2024
Total assets
€4.8m
Profit
€69,423
Solvency
34.6%
Total assets▼ 0.6%
Net result
20182024
Go to Financials

Timeline

Events
41
Since
1988
  1. 15-04-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2024
  3. 22-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
13-04-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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