DEGECO
ActiveFrom the official registers: KBO 48 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
DEGECO has been active since 1969 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €681,463 and a net result of -€60,832. Equity has been growing by about 4.7% per year since 2018. Its solvency ranks better than 76% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 13-05-1969 Normal situation
- Legal form
- Public limited company
- Registered office
- Optimismelaan 15, 1140 Evere
- Activity
- Wholesale of cars and light vans (up to 3.5 tonnes) NACE 46711and 1 other
- Establishment unit
- 2.037.594.767 1140 Evere, since 01-06-1966
- Financial year end
- 31 December
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €299,675
- ▼ 25.5%
- Turnover
- ≈ €1.6m
- estimated
- Loss
- €60,832
- Equity
- €681,463
- ▼ 8.2%
- Total assets
- €974,646
- ▼ 8.2%
- Staff
- 4.2 FTE
- ▼ 8.7%
Score breakdownraises riskLoss of €60,832 (financial year 2025)lowers riskFounded in 1969Liquidity: current ratio 3.89, cash €182,617Equity €681,463 (69.9% of total assets)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 75% of them on solvency, 71% on liquidity, 17% on profitability and 28% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2025after a profit of €24,987 in 2024 -€60,832 View
- Caution: Lower net result than 85% of companies in wholesale tradesector median €112,000 · 6,101 companies -€60,832 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 17-06-2026
- Annual accounts 2024filed on 20-06-2025
- Annual accounts 2023filed on 03-07-2024
- Annual accounts 2022filed on 07-06-2023
Acts in the Belgian Official Gazette
- Amendment of the articles · Nameact of 24-04-2023
- Resignations & appointmentsact of 10-06-2022
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about DEGECO
- What is the company number of DEGECO?
- The company number of DEGECO is 0402.609.584. The VAT number is the same number with BE in front: BE 0402.609.584.
- Where is DEGECO based?
- The registered office is at Optimismelaan 15, 1140 Evere.Company details
- What does DEGECO do?
- According to the KBO register, the main activity is wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711).
- What is the legal form of DEGECO?
- The legal form of DEGECO is Public limited company (NV).
- When was DEGECO founded?
- DEGECO was founded on 13-05-1969.
- Is DEGECO still active?
- Yes, DEGECO is an active enterprise in the KBO register.
- How many employees does DEGECO have?
- DEGECO had an average of 4.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of DEGECO?
- The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €299,675 and 141 comparable companies (NACE 46). It probably lies between €980,000 and €2.6m.
- Is DEGECO profitable?
- In financial year 2025, DEGECO made a loss of €60,832.
- Where can I find the annual accounts of DEGECO?
- DEGECO filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of DEGECO due?
- DEGECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Comparable companies
These companies have the same main activity as DEGECO: wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711). They are comparable in size and age: total assets between €460,000 and €2.4m, founded between 1981 and 1993.
| Company | Total assets | Gross margin |
|---|---|---|
| DEGECO Evere | €1.0m | €0.3m |
| GARAGE EMPSEN - VERBIEST Lubbeek | €1.6m | €0.5m |
| AUTOPARTS PLUS Ternat | €0.9m | €0.3m |
| WILLEBROEKSE BANDENONDERNEMING Willebroek | €0.8m | €0.3m |
| CLAES Pierre en Eddy Nieuwerkerken (Limb.) | €1.2m | €0.4m |
| Garage Van Houts Dendermonde | €2.4m | €0.4m |
| Wilmink Zaventem | €0.5m | €0.3m |
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