Financials
- Fiscal year
- 2025
- Total assets
- €808,283
- Loss
- -€17,773
- Solvency
- 91.3%
Total assets▼ 17.2%
Net result
20182025
Degawest
ActiveSummary
Degawest has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €738,200 and a net result of -€17,773. Equity remains stable across the filed fiscal years (±0.3% per year). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Activity not known1 site
Size
€808,283total assets 2025
- Equity
- €738,200
- Loss
- -€17,773
Turnover not published (abridged schema)
Structure
Accounts filed 52 d late0 of 4 deeds read
Why 94- Latest accounts 52 days late; 1 of the last 3 late+ Size: total assets €808,283+ Equity €738,200 (91.3% of total assets)+ Liquidity: current ratio 3.90, cash €183,346Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Better than 53% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 91.3% of total assets
Liquidity
78-5
short-term debt 6.5% · cash 22.7%
Profitability
66-2
return on assets -2.2%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 13 months
10-2025: < 0.1%lowest value
11-2025: < 0.1%● 0.0% vs 10-2025lowest value
12-2025: < 0.1%● 0.0% vs 11-2025lowest value
01-2026: < 0.1%● 0.0% vs 12-2025lowest value
02-2026: < 0.1%● 0.0% vs 01-2026lowest value
03-2026: < 0.1%● 0.0% vs 02-2026lowest value
04-2026: < 0.1%● 0.0% vs 03-2026lowest value
05-2026: < 0.1%▲ +3.3% vs 04-2026
06-2026: < 0.1%● 0.0% vs 05-2026
07-2026: < 0.1%▲ +6.5% vs 06-2026
08-2026: < 0.1%▲ +48.5% vs 07-2026
09-2026: 0.1%▲ +24.5% vs 08-2026highest value
10-2026: < 0.1%▼ -21.3% vs 09-2026
- Size: total assets €808,283 lowers the probability for this profile
- Latest accounts 52 days late; 1 of the last 3 late raises the probability
- Equity €738,200 (91.3% of total assets) lowers the probability
- Liquidity: current ratio 3.90, cash €183,346 lowers the probability
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 3.9 against 43.04 in 2024; short-term debt: 6.5% and cash: 22.7% of total assets), and 8.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 72%, profitability 44%, growth against the median 16%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
52 d late
2024
16 d early
2023
58 d early
2022
18 d early
2021
12 d late
2020
41 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 11 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 15 July (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Liquidity times 11current ratio 43.04
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 21-09-2026Annual accounts filed
- 15-07-2025Annual accounts filed
- 31-12-2024Liquidity times 11
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 25-01-1990
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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