DEGECENTRUM
ActiveSummary
DEGECENTRUM has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.46M and a net result of €19k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 95% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69=
Solvency100=
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280k at 30 days acceptable
Liquidity ample (current ratio 10.89 against 31.09 in 2024; short-term debt: 1.5% and cash: 8% of total assets), and 1.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
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
98.5%
Return on assets
0.5%
Age of the figures
9 mo
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
7 d early
2023
77 d early
2022
76 d early
2021
62 d early
2020
82 d early
2019
57 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3.46M▲ 0.5%
2024 · €3.44M
2018: €3.44M
2019: €3.45M▲ +0.3% vs 2018
2020: €3.47M▲ +0.5% vs 2019
2021: €3.47M● +0.0% vs 2020highest in 8 years
2022: €3.44M▼ -1.0% vs 2021
2023: €3.43M▼ -0.2% vs 2022lowest in 8 years
2024: €3.44M▲ +0.3% vs 2023
2025: €3.46M▲ +0.5% vs 2024
2018 → 2025
Total assets
€3.51M▲ 1.2%
2024 · €3.47M
2018: €3.45Mlowest in 8 years
2019: €3.47M▲ +0.5% vs 2018
2020: €3.49M▲ +0.6% vs 2019
2021: €3.49M● +0.0% vs 2020
2022: €3.47M▼ -0.6% vs 2021
2023: €3.46M▼ -0.1% vs 2022
2024: €3.47M▲ +0.2% vs 2023
2025: €3.51M▲ +1.2% vs 2024highest in 8 years
2018 → 2025
Net result
€19k▲ 98.4%
2024 · €9k
2018: €126khighest in 8 years
2019: €11k▼ -91.7% vs 2018
2020: €18k▲ +73.1% vs 2019
2021: €179▼ -99.0% vs 2020
2022: €-33k▼ -18686% vs 2021lowest in 8 years
2023: €-5k▲ +83.9% vs 2022
2024: €9k▲ +276% vs 2023
2025: €19k▲ +98.4% vs 2024
2018 → 2025
Working capital
€536k▼ 40.5%
2024 · €900k
2018: €563k
2019: €591k▲ +5.0% vs 2018
2020: €649k▲ +9.7% vs 2019
2021: €680k▲ +4.8% vs 2020
2022: €730k▲ +7.4% vs 2021
2023: €809k▲ +10.7% vs 2022
2024: €900k▲ +11.3% vs 2023highest in 8 years
2025: €536k▼ -40.5% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.47M-€3.44M▼ 1.0%€3.43M▼ 0.2%€3.44M▲ 0.3%€3.46M▲ 0.5%
2021: €3.47Mhighest in 5 years
2022: €3.44M▼ -1.0% vs 2021
2023: €3.43M▼ -0.2% vs 2022lowest in 5 years
2024: €3.44M▲ +0.3% vs 2023
2025: €3.46M▲ +0.5% vs 2024
Operating result€62-€-33k€-12k▲ 62.7%€-2k▲ 84.6%€15k
2021: €62
2022: €-33k▼ -53348% vs 2021lowest in 5 years
2023: €-12k▲ +62.7% vs 2022
2024: €-2k▲ +84.6% vs 2023
2025: €15k▲ +874% vs 2024highest in 5 years
Net result€179-€-33k€-5k▲ 83.9%€9k€19k▲ 98.4%
2021: €179
2022: €-33k▼ -18686% vs 2021lowest in 5 years
2023: €-5k▲ +83.9% vs 2022
2024: €9k▲ +276% vs 2023
2025: €19k▲ +98.4% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €15k after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.51M
Fixed assets
€2.92M ▲ 15.1%
Current assets
€590k ▼ 36.6%
Equity and liabilities €3.51M
Equity
€3.46M ▲ 0.5%
Debt
€54k ▲ 81.1%
Debt's share of the balance-sheet total rises from 0.9% to 1.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€134k▲
2024 · €96k
Cash flow
€139k▲
2024 · €107k
Current ratio
10.89▼
2024 · 31.09
Debt to equity
0.02▲
2024 · 0.01
ROE
0.5%▲
2024 · 0.3%
ROA
0.5%▲
2024 · 0.3%
Interest coverage
235.66▲
2024 · 149.32
Debt ≤ 1 year
€54k▲
2024 · €30k
Income taxes
€1k▲
2024 · €146
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.47M€3.51M▲
Fixed assets21/28€2.54M€2.92M▲
Tangible fixed assets22/27€2.54M€2.92M▲
Land and buildings22€2.54M€2.92M▲
Furniture and vehicles24€3k€3k▼
Current assets29/58€930k€590k▼
Amounts receivable within one year40/41€372k€304k▼
Trade receivables40€7k€129k▲
Other amounts receivable41€365k€175k▼
Cash at bank and in hand54/58€551k€280k▼
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€3.47M€3.51M▲
Equity10/15€3.44M€3.46M▲
Contributions10/11€3.21M€3.21M=
Capital10€3.03M€3.03M=
Issued capital100€3.03M€3.03M=
Outside capital11€187k€187k=
Share premium1100/10€187k€187k=
Reserves13€66k€67k▲
Non-distributable reserves130/1€26k€27k▲
Legal reserve130€26k€27k▲
Distributable reserves133€41k€41k=
Profit (loss) carried forward14€159k€176k▲
Amounts payable17/49€30k€54k▲
Amounts payable within one year42/48€30k€54k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€13k€22k▲
Taxes450/3€13k€22k▲
Other amounts payable47/48€15k€30k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98k€120k▲
Other operating charges640/8€23k€24k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€120k€159k▲
Operating profit (loss)9901€-2k€15k▲
Financial income75/76B€12k€6k▼
Recurring financial income75€12k€6k▼
Financial charges65/66B€644€571▼
Recurring financial charges65€644€571▼
Profit (loss) for the period before taxes9903€10k€20k▲
Income taxes67/77€146€1k▲
Profit (loss) for the period9904€9k€19k▲
Profit (loss) for the period to be appropriated9905€9k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€159k€177k▲
Profit (loss) brought forward from the previous period14P€150k€159k▲
Transfer from equity791/2€0-
Transfer to equity691/2€472€937▲
To the legal reserve6920€472€937▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €93k | €99k | €97k | €98k | €120k | ▲ 22.2% |
| Other operating charges640/8 | €20k | €51k | €23k | €23k | €24k | ▲ 3.4% |
| Non-recurring operating charges66A | - | €43k | €12k | €0 | - | - |
| Gross operating margin9900 | €113k | €160k | €120k | €120k | €159k | ▲ 32.8% |
| Operating profit (loss)9901 | €62 | €-33k | €-12k | €-2k | €15k | ▲ 874% |
| Financial income75/76B | €2k | €4k | €7k | €12k | €6k | ▼ 53.7% |
| Recurring financial income75 | €2k | €4k | €7k | €12k | €6k | ▼ 53.7% |
| Financial charges65/66B | €2k | €485 | €209 | €644 | €571 | ▼ 11.3% |
| Recurring financial charges65 | €2k | €485 | €209 | €644 | €571 | ▼ 11.3% |
| Profit (loss) for the period before taxes9903 | €343 | €-30k | €-5k | €10k | €20k | ▲ 106% |
| Income taxes67/77 | €163 | €3k | €153 | €146 | €1k | ▲ 592% |
| Profit (loss) for the period9904 | €179 | €-33k | €-5k | €9k | €19k | ▲ 98.4% |
| Profit (loss) for the period to be appropriated9905 | €179 | €-33k | €-5k | €9k | €19k | ▲ 98.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.49M | €3.47M | €3.46M | €3.47M | €3.51M | ▲ 1.2% |
| Fixed assets21/28 | €2.79M | €2.70M | €2.62M | €2.54M | €2.92M | ▲ 15.1% |
| Tangible fixed assets22/27 | €2.79M | €2.70M | €2.62M | €2.54M | €2.92M | ▲ 15.1% |
| Land and buildings22 | €2.78M | €2.70M | €2.62M | €2.54M | €2.92M | ▲ 15.1% |
| Furniture and vehicles24 | €5k | €8k | €5k | €3k | €3k | ▼ 2.5% |
| Current assets29/58 | €700k | €762k | €843k | €930k | €590k | ▼ 36.6% |
| Amounts receivable within one year40/41 | €199k | €294k | €363k | €372k | €304k | ▼ 18.3% |
| Trade receivables40 | €59k | €62k | €73k | €7k | €129k | ▲ 1,644% |
| Other amounts receivable41 | €140k | €232k | €291k | €365k | €175k | ▼ 52.1% |
| Cash at bank and in hand54/58 | €499k | €464k | €474k | €551k | €280k | ▼ 49.1% |
| Deferred charges and accrued income490/1 | €2k | €4k | €5k | €7k | €5k | ▼ 17.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.49M | €3.47M | €3.46M | €3.47M | €3.51M | ▲ 1.2% |
| Equity10/15 | €3.47M | €3.44M | €3.43M | €3.44M | €3.46M | ▲ 0.5% |
| Contributions10/11 | €3.21M | €3.21M | €3.21M | €3.21M | €3.21M | = |
| Capital10 | €3.03M | €3.03M | €3.03M | €3.03M | €3.03M | = |
| Issued capital100 | €3.03M | €3.03M | €3.03M | €3.03M | €3.03M | = |
| Outside capital11 | €187k | €187k | €187k | €187k | €187k | = |
| Share premium1100/10 | €187k | €187k | €187k | €187k | €187k | = |
| Reserves13 | €105k | €71k | €66k | €66k | €67k | ▲ 1.4% |
| Non-distributable reserves130/1 | €25k | €25k | €25k | €26k | €27k | ▲ 3.7% |
| Legal reserve130 | €25k | €25k | €25k | €26k | €27k | ▲ 3.7% |
| Distributable reserves133 | €79k | €46k | €41k | €41k | €41k | = |
| Profit (loss) carried forward14 | €150k | €150k | €150k | €159k | €176k | ▲ 11.2% |
| Amounts payable17/49 | €20k | €31k | €34k | €30k | €54k | ▲ 81.1% |
| Amounts payable within one year42/48 | €20k | €31k | €34k | €30k | €54k | ▲ 81.1% |
| Trade debts44 | €5k | €1k | €1k | €2k | €2k | ▲ 18.6% |
| Suppliers440/4 | €5k | €1k | €1k | €2k | €2k | ▲ 18.6% |
| Taxes, remuneration and social security45 | €12k | €12k | €16k | €13k | €22k | ▲ 69.1% |
| Taxes450/3 | €12k | €12k | €16k | €13k | €22k | ▲ 69.1% |
| Other amounts payable47/48 | €3k | €19k | €17k | €15k | €30k | ▲ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €179 | €-33k | €-5k | €9k | €19k | ▲ 98.4% |
| + Depreciation and write-downs630 | €93k | €99k | €97k | €98k | €120k | ▲ 22.2% |
| Operating cash flow (approximation) | €93k | €66k | €92k | €107k | €139k | ▲ 28.9% |
| Investment in fixed assets (approximation) | - | €-15k | €-14k | €-16k | €-503k | ▼ 2,964% |
| Change in cash | - | €-35k | €11k | €77k | €-271k | ▼ 453% |
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
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Wevelgem · 1 establishment unit since 2000
Ground area
2,079 m²
Building footprint
213 m²
Volume, LiDAR
2,226 m³
Parcel 34012B0846/00T010, Flanders · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DEGECENTRUM
since 20002.094.866.636
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012B0846/00T010 | Flanders | 2,079 m² | 1 · 212 m² | 14.5 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.
Similar companies · same sector, comparable size
Goethals Invest
BE 0446.413.202
Waasmunster · Eq €3,463,188
BAILY BEHEER
BE 0459.941.534
Brasschaat · Eq €3,447,331
Le Hameau de la Vallée de Rabais
BE 0772.938.857
Neufchâteau · Eq €3,469,913
Patrive
BE 0464.849.041
Elsene · Eq €3,471,324
UNIVERSAL PERFORMANCE
BE 0451.833.126
Ouffet · Eq €3,441,276
Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 3,658 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded25-11-1998
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
46216Wholesale of agricultural produce and animal feed, general range
66300Activities auxiliary to financial services and insurance activities
68110Buying and selling of own real estate
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.