DEBAGO
ActiveDEBAGO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.80M and a net result of €435k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 87% of 3161 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▼-7
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €380k at 30 days acceptable
Liquidity ample (current ratio 11.06 against 4.22 in 2024), and 7.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · 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
92.8%
Return on assets
10.6%
Age of the figures
8 mo
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
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
91 d late
2023
61 d late
2022
9 d early
2021
69 d late
2020
31 d late
2019
35 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€435k▲ 1.9%
2024 · €427k
2018: €433k
2019: €737k
2020: €847k
2021: €624k
2022: €605k
2023: €391k
2024: €427k
2018 → 2025
Working capital
€2.98M▲ 20.1%
2024 · €2.48M
2018: €135k
2019: €320k
2020: €1.07M
2021: €1.71M
2022: €2.35M
2023: €2.47M
2024: €2.48M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.69M-€3.29M▲ 22.5%€3.36M▲ 2.0%€3.36M▲ 0.1%€3.80M▲ 12.9%
Operating result€272k-€-56k€-94k▼ 69.0%€600€71k▲ 11,648%
Net result€624k-€605k▼ 3.2%€391k▼ 35.3%€427k▲ 9.3%€435k▲ 1.9%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11,648% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.09M
Fixed assets
€819k▼ 7.2%
Current assets
€3.28M▲ 0.8%
Equity and liabilities €4.09M
Equity
€3.80M▲ 12.9%
Debt
€296k▼ 61.6%
The debt ratio falls from 18.6% to 7.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€134k▲
2024 · €64k
Cash flow
€499k▲
2024 · €491k
Solvency
92.8%▲
2024 · 81.4%
Current ratio
11.06▲
2024 · 4.22
Quick ratio
11.06▲
2024 · 4.22
Debt / equity
0.08▼
2024 · 0.23
ROE
11.5%▼
2024 · 12.7%
ROA
10.6%▲
2024 · 10.3%
Interest coverage
84.23▲
2024 · 52.48
Debt
€296k▼
2024 · €770k
Debt ≤ 1 year
€296k▼
2024 · €770k
Income taxes
€77k▲
2024 · €66k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.13M€4.09M▼
Fixed assets21/28€883k€819k▼
Tangible fixed assets22/27€873k€809k▼
Land and buildings22€828k€773k▼
Plant, machinery and equipment23€9k€9k=
Furniture and vehicles24€36k€27k▼
Financial fixed assets28€10k€10k=
Current assets29/58€3.25M€3.28M▲
Amounts receivable after more than one year29€1.82M€1.74M▼
Other amounts receivable291€1.82M€1.74M▼
Amounts receivable within one year40/41€1.42M€675k▼
Trade receivables40€85k€30k▼
Other amounts receivable41€1.33M€644k▼
Cash at bank and in hand54/58€4k€848k▲
Deferred charges and accrued income490/1€9k€9k▼
Equity and liabilities
Total equity and liabilities10/49€4.13M€4.09M▼
Equity10/15€3.36M€3.80M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€3.26M€3.70M▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€3.25M€3.69M▲
Profit (loss) carried forward14€204€207▲
Amounts payable17/49€770k€296k▼
Amounts payable within one year42/48€770k€296k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43-€95
Credit institutions430/8-€95
Trade debts44€106k€70k▼
Suppliers440/4€106k€70k▼
Taxes, remuneration and social security45€114k€101k▼
Taxes450/3€109k€96k▼
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€550k€125k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€64k▲
Other operating charges640/8€16k€9k▼
Gross operating margin9900€80k€144k▲
Operating profit (loss)9901€600€71k▲
Financial income75/76B€494k€443k▼
Recurring financial income75€494k€443k▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€493k€512k▲
Income taxes67/77€66k€77k▲
Profit (loss) for the period9904€427k€435k▲
Profit (loss) for the period to be appropriated9905€427k€435k▲
Appropriation of the result
Profit (loss) to be appropriated9906€427k€436k▲
Profit (loss) brought forward from the previous period14P€203€204▲
Transfer from equity791/2€425k€0▼
Transfer to equity691/2€427k€435k▲
To other reserves6921€427k€435k▲
Profit to be distributed694/7€425k€0▼
Return on contributions (dividend)694€425k€0▼
The notes to these accounts (14 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity triplescurrent ratio 11.06
Current ratio from 4.22 to 11.06; short-term debt falls from €770k to €296k.
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 91 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €391k ▼35.3%
Net result drops to €391k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 69 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €847k ▲14.8%
Operating result €284k, net result €847k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.00
Current ratio from 1.32 to 3.00; short-term debt falls from €998k to €537k.
31-12
Financial
Equity above €2MEq €2.07M ▲50.9%
3 profitable years in a row build equity to €2.07M.
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 35 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
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.
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, Gent · 1 establishment unit since 2002
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.
Vogelheide 239052 GentGround area
4,122 m²
Building footprint
674 m²
Volume, LiDAR
3,746 m³
2 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Jemappesstraat 8, 9000 Gent
since 20022.115.639.680
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082A0395/00E000 | Flanders | 3,570 m² | 1 · 475 m² | 8.3 m · 1 fl. |
| 44808H0091/00F002 | Flanders | 551 m² | 1 · 199 m² | 12.3 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 13,518 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-09-2002
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.