DEFCORP
ActiveSummary
DEFCORP has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €23,437 and a net result of €10,093. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 62% of 6161 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+23
Solvency65▲+16
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.33 against 0.94 in 2023; short-term debt: 51.6% and cash: 61.5% of total assets), and 60.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
39.5%
Return on assets
17%
Age of the figures
21 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
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €23,437
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
29 d early
2022
34 d early
2021
26 d late
2020
61 d late
2019
91 d 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 24 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€23,437▲ 55.6%
2023 · €15,062
Total assets
€59,318▼ 6.8%
2023 · €63,673
Net result
€10,093
2023 · -€793
Working capital
€10,082
2023 · -€2,059
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€1,307-€1,264€6,018€3,462▼ 42.5%€19,233▲ 455%
Net result-€701within the sector's middle half▲ 64.6%-€2,850within the sector's middle half▼ 306%€2,086within the sector's middle half-€793within the sector's middle half€10,093within the sector's middle half
Equity€16,619within the sector's middle half▼ 4.0%€13,769within the sector's middle half▼ 17.1%€15,855within the sector's middle half▲ 15.1%€15,062within the sector's middle half▼ 5.0%€23,437within the sector's middle half▲ 55.6%
Total assets€43,634within the sector's middle half▼ 21.8%€57,840within the sector's middle half▲ 32.6%€64,219within the sector's middle half▲ 11.0%€63,673within the sector's middle half▼ 0.8%€59,318within the sector's middle half▼ 6.8%
Debt€27,015▼ 29.8%€44,071▲ 63.1%€48,364▲ 9.7%€48,611▲ 0.5%€35,882▼ 26.2%
Working capital-€13,622within the sector's middle half▲ 24.1%-€13,937within the sector's middle half▼ 2.3%-€1,423within the sector's middle half▲ 89.8%-€2,059within the sector's middle half▼ 44.6%€10,082within the sector's middle half
Solvency38.1%within the sector's middle half▲ 7.0pp23.8%within the sector's middle half▼ 14.3pp24.7%within the sector's middle half▲ 0.9pp23.7%within the sector's middle half▼ 1.0pp39.5%within the sector's middle half▲ 15.9pp
Current ratio0.49within the sector's middle half▲ 0.040.50within the sector's middle half▲ 0.010.96within the sector's middle half▲ 0.460.94within the sector's middle half▼ 0.021.33within the sector's middle half▲ 0.39
Return on assets (ROA)-1.6%within the sector's middle half▲ 1.9pp-4.9%within the sector's middle half▼ 3.3pp3.2%within the sector's middle half▲ 8.2pp-1.2%within the sector's middle half▼ 4.5pp17.0%above the sector's middle half▲ 18.3pp
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 455% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €59,318
Fixed assets
€18,643 ▼ 39.8%
Current assets
€40,675 ▲ 24.4%
Equity and liabilities €59,318
Equity
€23,437 ▲ 55.6%
Debt
€35,882 ▼ 26.2%
Debt's share of the balance-sheet total falls from 76.3% to 60.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33,177▲
2023 · €19,948
Cash flow
€24,036▲
2023 · €15,693
Quick ratio
1.23▲
2023 · 0.88
Debt to equity
1.53▼
2023 · 3.23
ROE
43.1%▲
2023 · -5.3%
Interest coverage
40.22▲
2023 · 24.94
Debt ≤ 1 year
€30,593▼
2023 · €34,754
Debt > 1 year
€5,223▼
2023 · €13,464
Income taxes
€8,316▲
2023 · €3,456
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,653 | €15,612 | €15,280 | €16,486 | €13,944 | ▼ 15.4% |
| Other operating charges640/8 | - | €2,531 | €1,099 | €1,490 | €1,446 | ▼ 2.9% |
| Gross operating margin9900 | €13,612 | €16,879 | €22,397 | €21,438 | €34,623 | ▲ 61.5% |
| Operating profit (loss)9901 | €1,307 | -€1,264 | €6,018 | €3,462 | €19,233 | ▲ 455% |
| Financial charges65/66B | - | €571 | €450 | €800 | €825 | ▲ 3.1% |
| Recurring financial charges65 | €873 | €571 | €450 | €800 | €825 | ▲ 3.1% |
| Profit (loss) for the period before taxes9903 | €433 | -€1,835 | €5,568 | €2,663 | €18,408 | ▲ 591% |
| Income taxes67/77 | €1,135 | €1,015 | €3,482 | €3,456 | €8,316 | ▲ 141% |
| Profit (loss) for the period9904 | -€701 | -€2,850 | €2,086 | -€793 | €10,093 | ▲ 1,372% |
| Profit (loss) for the period to be appropriated9905 | -€701 | -€2,850 | €2,086 | -€793 | €10,093 | ▲ 1,372% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €43,634 | €57,840 | €64,219 | €63,673 | €59,318 | ▼ 6.8% |
| Fixed assets21/28 | €30,296 | €43,700 | €28,974 | €30,978 | €18,643 | ▼ 39.8% |
| Tangible fixed assets22/27 | €30,296 | €43,700 | €28,974 | €30,978 | €18,643 | ▼ 39.8% |
| Plant, machinery and equipment23 | - | €13,474 | €7,255 | €1,036 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €23,754 | €18,190 | €27,427 | €16,758 | ▼ 38.9% |
| Other tangible fixed assets26 | - | €6,471 | €3,528 | €2,514 | €1,886 | ▼ 25.0% |
| Current assets29/58 | €13,338 | €14,140 | €35,245 | €32,695 | €40,675 | ▲ 24.4% |
| Stocks and contracts in progress3 | €459 | €1,159 | €1,612 | €2,117 | €3,077 | ▲ 45.3% |
| Stocks30/36 | - | €1,159 | €1,612 | €2,117 | €3,077 | ▲ 45.3% |
| Amounts receivable within one year40/41 | - | €93 | €243 | €49 | €734 | ▲ 1,396% |
| Trade receivables40 | - | €93 | €243 | €49 | - | - |
| Other amounts receivable41 | - | - | - | - | €734 | - |
| Cash at bank and in hand54/58 | €12,664 | €12,822 | €33,317 | €30,185 | €36,485 | ▲ 20.9% |
| Deferred charges and accrued income490/1 | - | €65 | €73 | €344 | €379 | ▲ 10.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €43,634 | €57,840 | €64,219 | €63,673 | €59,318 | ▼ 6.8% |
| Equity10/15 | €16,619 | €13,769 | €15,855 | €15,062 | €23,437 | ▲ 55.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €700 | €700 | €700 | €700 | €700 | = |
| Non-distributable reserves130/1 | - | €700 | €700 | - | - | - |
| Reserves not available under the articles1311 | - | €700 | €700 | - | - | - |
| Distributable reserves133 | - | - | - | €700 | €700 | = |
| Profit (loss) carried forward14 | -€2,681 | -€5,531 | -€3,445 | -€4,238 | €4,137 | ▲ 198% |
| Amounts payable17/49 | €27,015 | €44,071 | €48,364 | €48,611 | €35,882 | ▼ 26.2% |
| Amounts payable after more than one year17 | - | €15,937 | €10,852 | €13,464 | €5,223 | ▼ 61.2% |
| Financial debts170/4 | - | €15,937 | €10,852 | €13,464 | €5,223 | ▼ 61.2% |
| Amounts payable within one year42/48 | €26,960 | €28,077 | €36,668 | €34,754 | €30,593 | ▼ 12.0% |
| Current portion of amounts payable after more than one year42 | - | €5,007 | €5,086 | €8,291 | €8,241 | ▼ 0.6% |
| Trade debts44 | €1,755 | €1,764 | €5,603 | €945 | €1,690 | ▲ 78.9% |
| Suppliers440/4 | - | €1,764 | €5,603 | €945 | €1,690 | ▲ 78.9% |
| Taxes, remuneration and social security45 | - | €1,618 | €4,457 | €4,553 | €8,316 | ▲ 82.7% |
| Taxes450/3 | - | €1,618 | €4,457 | €4,553 | €8,316 | ▲ 82.7% |
| Other amounts payable47/48 | - | €19,687 | €21,523 | €20,965 | €12,346 | ▼ 41.1% |
| Accrued charges and deferred income492/3 | - | €57 | €844 | €393 | €66 | ▼ 83.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€701 | -€2,850 | €2,086 | -€793 | €10,093 | ▲ 1,372% |
| + Depreciation and write-downs630 | €11,653 | €15,612 | €15,280 | €16,486 | €13,944 | ▼ 15.4% |
| Operating cash flow (approximation) | €10,952 | €12,762 | €17,366 | €15,693 | €24,036 | ▲ 53.2% |
| Investment in fixed assets (approximation) | - | -€29,016 | -€554 | -€18,490 | -€1,609 | ▲ 91.3% |
| Change in cash | - | €158 | €20,494 | -€3,132 | €6,300 | ▲ 301% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €10,093
Net result €10,093 after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €2,086
Net result €2,086 after 3 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet -€2,850
Net result drops to -€2,850, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 14 days late
2016
19-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 50 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Arlon · 1 establishment unit since 2014
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.
Autelbas-Barn.,rue Saint-Fiacre 76700 ArlonGround area
120 m²
Building footprint
77 m²
Volume, LiDAR
943 m³
Parcel 81001A0297/00_000, Wallonia · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Grand-Place 2, 6700 Arlon
since 20142.229.688.124
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 81001A0297/00_000 | Wallonia | 120 m² | 1 · 77 m² | 14.8 m · 4 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.
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Of 998 companies in sector 96102 we hold annual accounts for 458. 334 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
96102Launderettes and laundries for private customers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0546987156
Also
9925:BE0546987156
Registered
28-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.