DEPA PROJECTS
ActiveSummary
DEPA PROJECTS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-59k) and a net result of €-10k. Equity is shrinking by ~27% per year across the filed fiscal years. Its solvency ranks better than 6% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▲+5
Solvency4▲+2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.66 against 1.63 in 2024; short-term debt: 60.1% and cash: 1.2% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-21.1%
Return on assets
-3.7%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-59k
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 04-03-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
50 d early
2023
40 d early
2022
65 d early
2021
45 d early
2020
on the day
2019
63 d early
← 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
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-59k▼ 21.5%
2024 · €-48k
2019: €-12k
2020: €-18k
2021: €-24k
2022: €-28k
2023: €-41k
2024: €-48k
2019 → 2025
Total assets
€279k▲ 34.8%
2024 · €207k
2019: €61k
2020: €124k
2021: €150k
2022: €173k
2023: €179k
2024: €207k
2019 → 2025
Net result
€-10k▲ 10.8%
2024 · €-12k
2019: €-11k
2020: €-5k
2021: €-6k
2022: €-4k
2023: €-4k
2024: €-12k
2019 → 2025
Working capital
€111k▲ 38.8%
2024 · €80k
2019: €-12k
2020: €-2k
2021: €65k
2022: €80k
2023: €75k
2024: €80k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-24k-€-28k▼ 17.1%€-41k▼ 43.8%€-48k▼ 18.4%€-59k▼ 21.5%
Operating result€-4k-€-2k▲ 53.3%€-4k▼ 99.8%€-5k▼ 11.1%€-3k▲ 27.6%
Net result€-6k-€-4k▲ 35.6%€-4k▲ 0.3%€-12k▼ 182%€-10k▲ 10.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €5k in 2024; the loss shrinks.
Key figures and ratios
Solvency
-21.1%▲
2024 · -23.4%
Current ratio
1.66▲
2024 · 1.63
Quick ratio
0.05▼
2024 · 0.08
Debt to equity
-5.75▼
2024 · -5.28
ROA
-3.7%▲
2024 · -5.6%
Debt
€337k▲
2024 · €255k
Debt ≤ 1 year
€167k▲
2024 · €127k
Debt > 1 year
€170k▲
2024 · €129k
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 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€207k€279k▲
Current assets29/58€207k€279k▲
Stocks and contracts in progress3€197k€270k▲
Stocks30/36€197k€270k▲
Amounts receivable within one year40/41€4k€6k▲
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€207k€279k▲
Equity10/15€-48k€-59k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-69k€-79k▼
Amounts payable17/49€255k€337k▲
Amounts payable after more than one year17€129k€170k▲
Financial debts170/4€129k€170k▲
Amounts payable within one year42/48€127k€167k▲
Trade debts44€13k€7k▼
Suppliers440/4€13k€7k▼
Taxes, remuneration and social security45€33-
Taxes450/3€33-
Other amounts payable47/48€114k€160k▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€1k-
Other operating charges640/8€3k-
Gross operating margin9900€-1k€-3k▼
Operating profit (loss)9901€-5k€-3k▲
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€-12k€-10k▲
Profit (loss) for the period9904€-12k€-10k▲
Profit (loss) for the period to be appropriated9905€-12k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-69k€-79k▼
Profit (loss) brought forward from the previous period14P€-57k€-69k▼
The notes to these accounts (2 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
24-09
State Gazette act
Resignation: Christophe Pattyn (director)Registered-office move4 facts ▸
State Gazette act
Resignation: Christophe Pattyn (director)
Registered-office move4 facts ▸
- General meeting, 01-09-2026
- Registered-office move, Drie Beloftenstraat 5, 8980 Zonnebeke
- Director resignation, Christophe Pattyn (director)
- Director resignation, Christophe Pattyn (manager)
04-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 60 days late
2014
23-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 54 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-09-2026
Resigned as Director
01-09-2026
Resigned as Manager
Location & real-estate footprint
Registered office, Zonnebeke · 1 establishment unit since 2000
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.
Drie Beloftenstraat 58980 ZonnebekeGround area
915 m²
Building footprint
356 m²
Volume, LiDAR
1,337 m³
2 parcels, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VERGOSPACK
since 20002.100.840.054
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32306B0722/00Z000 | Flanders | 600 m² | 1 · 150 m² | 7.8 m · 1 fl. |
| 32006E0381/00R000 | Flanders | 315 m² | 1 · 206 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
Algemene Bouwwerken Bouten
BE 1037.734.803
Zonnebeke
BETONIT
BE 0678.947.441
Zonnebeke
Highworks
BE 0827.472.851
Zonnebeke
JAN VANDEWAETERE
BE 0502.571.054
Zonnebeke
JL-SOLUTIONS
BE 0807.794.917
Zonnebeke
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2000
Fiscal year end30-09
Activities, NACEBEL 2025
43990Other specialised construction activities
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.