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DEBAGO

Active Risk: low
Private limited companyfounded 201115 yrs activeEtienne Sabbelaan(Kor) 4, 8500 Kortrijk, BelgiumKBO/BCE: BE 0837.691.703
Summary

DEBAGO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €710,155. Equity is growing by ~7.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency72=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
47.3%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
31 d early
2023
6 d early
2022
32 d early
2021
3 d early
2020
40 d early
2019
4 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 17 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 25 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 30 June 2011, DEBAGO was incorporated.1 Total assets went from EUR 486,238 in 2019 to EUR 1.5 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€710,155=
2024 · €710,155
Total assets
€1.5m=
2024 · €1.5m
Net result
-€1,837
2019 · €2,059
Working capital
€452,795=
2020 · €452,795
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result
Net result
Equity€452,795=€710,155▲ 56.8%€710,155=€710,155=€710,155=
Total assets€454,372=€1.5m▲ 230%€1.5m=€1.5m=€1.5m=
Debt€1,577=€789,845▲ 49,972%€789,845=€789,845=€789,845=
Working capital€452,795=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.5m
Equity €710,155 =
Debt €789,845 =
Debt's share of the balance-sheet total stays at 52.7%.
Key figures and ratios
2025 value · change against 2024
Debt to equity
1.11=
2024 · 1.11
Debt ≤ 1 year
€789,845=
2024 · €789,845
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 11 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.5m€1.5m=
Fixed assets21/28€1.5m€1.5m=
Financial fixed assets28€1.5m€1.5m=
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.5m=
Equity10/15€710,155€710,155=
Contributions10/11€23,150€23,150=
Reserves13€687,005€687,005=
Distributable reserves133€687,005€687,005=
Amounts payable17/49€789,845€789,845=
Amounts payable within one year42/48€789,845€789,845=
Other amounts payable47/48€789,845€789,845=

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Not filed in this scheme.

Line20212022202320242025Change
Assets
Total assets20/58€454,372€1.5m€1.5m€1.5m€1.5m=
Fixed assets21/28-€1.5m€1.5m€1.5m€1.5m=
Financial fixed assets28-€1.5m€1.5m€1.5m€1.5m=
Current assets29/58€454,372-----
Amounts receivable within one year40/41€454,372-----
Equity and liabilities
Total equity and liabilities10/49€454,372€1.5m€1.5m€1.5m€1.5m=
Equity10/15€452,795€710,155€710,155€710,155€710,155=
Contributions10/11€18,600€18,600€18,600€23,150€23,150=
Capital10-€18,600€18,600---
Issued capital100-€18,600€18,600---
Reserves13€434,195€691,555€691,555€687,005€687,005=
Non-distributable reserves130/1-€4,550€4,550---
Legal reserve130-€4,550€4,550---
Distributable reserves133-€687,005€687,005€687,005€687,005=
Amounts payable17/49€1,577€789,845€789,845€789,845€789,845=
Amounts payable within one year42/48€1,577€789,845€789,845€789,845€789,845=
Other amounts payable47/48-€789,845€789,845€789,845€789,845=
Line20212022202320242025Change
Investment in fixed assets (approximation)--€0€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
28-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
25-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial Equity above €500,000Eq €710,155 ▲56.8%
Equity rises from €452,795 to €710,155.
28-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
22-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial Liquidity times 19current ratio 288.05
Current ratio from 15.38 to 288.05; short-term debt falls from €31,607 to €1,577.
27-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-02
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
27-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 86 days late
2016
16-12
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 2 acts read
About the unread acts

We know of 2 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
2 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, Kortrijk · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
722 m²
Building footprint
269 m²
Volume, LiDAR
1,525 m³
Parcel 34354C0781/00S000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Vlasblomme
Etienne Sabbelaan(Kor) 4, 8500 KortrijkFood and beverage service activities
since 20112.200.855.368
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34354C0781/00S000 Flanders 722 m² 1 · 269 m² 11.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded30-06-2011
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.