DeGeTech
ActiveSummary
DeGeTech has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €347k and a net result of €49k. Equity is growing by ~20.5% per year across the filed fiscal years. Its solvency ranks better than 48% of 2832 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▼-2
Solvency66▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.79 in 2023; short-term debt: 26.3% and cash: 0.9% of total assets), but 59.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 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
53 d late
2023
26 d late
2022
49 d late
2021
24 d late
2020
27 d late
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€347k▲ 16.3%
2023 · €299k
2018: €95klowest in 7 years
2019: €138k▲ +45.7% vs 2018
2020: €178k▲ +28.6% vs 2019
2021: €198k▲ +11.5% vs 2020
2022: €236k▲ +18.9% vs 2021
2023: €299k▲ +26.6% vs 2022
2024: €347k▲ +16.3% vs 2023highest in 7 years
2018 → 2024
Total assets
€855k▼ 4.3%
2023 · €893k
2018: €693klowest in 7 years
2019: €766k▲ +10.5% vs 2018
2020: €773k▲ +0.9% vs 2019
2021: €707k▼ -8.5% vs 2020
2022: €767k▲ +8.5% vs 2021
2023: €893k▲ +16.4% vs 2022highest in 7 years
2024: €855k▼ -4.3% vs 2023
2018 → 2024
Net result
€49k▼ 22.2%
2023 · €63k
2018: €35k
2019: €43k▲ +24.4% vs 2018
2020: €39k▼ -9.0% vs 2019
2021: €21k▼ -48.0% vs 2020lowest in 7 years
2022: €46k▲ +124% vs 2021
2023: €63k▲ +36.1% vs 2022highest in 7 years
2024: €49k▼ -22.2% vs 2023
2018 → 2024
Working capital
€158k▼ 6.8%
2023 · €170k
2018: €62klowest in 7 years
2019: €81k▲ +29.7% vs 2018
2020: €104k▲ +28.4% vs 2019
2021: €113k▲ +8.5% vs 2020
2022: €114k▲ +1.1% vs 2021
2023: €170k▲ +48.9% vs 2022highest in 7 years
2024: €158k▼ -6.8% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€178k-€198k▲ 11.5%€236k▲ 18.9%€299k▲ 26.6%€347k▲ 16.3%
2020: €178klowest in 5 years
2021: €198k▲ +11.5% vs 2020
2022: €236k▲ +18.9% vs 2021
2023: €299k▲ +26.6% vs 2022
2024: €347k▲ +16.3% vs 2023highest in 5 years
Operating result€64k-€43k▼ 33.1%€79k▲ 85.0%€105k▲ 33.1%€90k▼ 14.2%
2020: €64k
2021: €43k▼ -33.1% vs 2020lowest in 5 years
2022: €79k▲ +85.0% vs 2021
2023: €105k▲ +33.1% vs 2022highest in 5 years
2024: €90k▼ -14.2% vs 2023
Net result€39k-€21k▼ 48.0%€46k▲ 124%€63k▲ 36.1%€49k▼ 22.2%
2020: €39k
2021: €21k▼ -48.0% vs 2020lowest in 5 years
2022: €46k▲ +124% vs 2021
2023: €63k▲ +36.1% vs 2022highest in 5 years
2024: €49k▼ -22.2% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €855k
Fixed assets
€472k ▼ 7.4%
Current assets
€383k ▼ 0.2%
Equity and liabilities €855k
Equity
€347k ▲ 16.3%
Debt
€508k ▼ 14.6%
Debt's share of the balance-sheet total falls from 66.6% to 59.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€149k▲
2023 · €146k
Cash flow
€107k▲
2023 · €103k
Current ratio
1.70▼
2023 · 1.79
Quick ratio
1.40▲
2023 · 1.32
Debt to equity
1.46▼
2023 · 1.99
ROE
14.0%▼
2023 · 21.0%
ROA
5.7%▼
2023 · 7.0%
Interest coverage
6.62▼
2023 · 6.74
Debt ≤ 1 year
€225k▲
2023 · €214k
Debt > 1 year
€282k▼
2023 · €380k
Income taxes
€20k▼
2023 · €23k
Staff costs
€232k▼
2023 · €238k
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 · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€893k€855k▼
Fixed assets21/28€509k€472k▼
Tangible fixed assets22/27€509k€472k▼
Land and buildings22€396k€378k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€19k€18k▼
Leasing and similar rights25€91k€71k▼
Current assets29/58€384k€383k▼
Stocks and contracts in progress3€101k€68k▼
Stocks30/36€101k€68k▼
Amounts receivable within one year40/41€251k€295k▲
Trade receivables40€238k€282k▲
Other amounts receivable41€13k€13k▲
Cash at bank and in hand54/58€19k€7k▼
Deferred charges and accrued income490/1€14k€13k▼
Equity and liabilities
Total equity and liabilities10/49€893k€855k▼
Equity10/15€299k€347k▲
Contributions10/11€19k€19k=
Reserves13€279k€328k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€277k€326k▲
Profit (loss) carried forward14€879€906▲
Amounts payable17/49€595k€508k▼
Amounts payable after more than one year17€380k€282k▼
Financial debts170/4€380k€282k▼
Amounts payable within one year42/48€214k€225k▲
Current portion of amounts payable after more than one year42€65k€63k▼
Financial debts43€18k€0▼
Credit institutions430/8€18k€0▼
Trade debts44€55k€105k▲
Suppliers440/4€55k€105k▲
Taxes, remuneration and social security45€76k€57k▼
Taxes450/3€41k€31k▼
Remuneration and social security454/9€35k€27k▼
Other amounts payable47/48-€21
Accrued charges and deferred income492/3€749€403▼
Income statement
Code20232024
Remuneration, social security and pensions62€238k€232k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€58k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€387k€386k▼
Operating profit (loss)9901€105k€90k▼
Financial income75/76B€2k€889▼
Recurring financial income75€2k€889▼
Financial charges65/66B€22k€22k▲
Recurring financial charges65€22k€22k▲
Profit (loss) for the period before taxes9903€85k€69k▼
Income taxes67/77€23k€20k▼
Profit (loss) for the period9904€63k€49k▼
Profit (loss) for the period to be appropriated9905€63k€49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€50k▼
Profit (loss) brought forward from the previous period14P€836€879▲
Transfer to equity691/2€63k€49k▼
To other reserves6921€63k€49k▼
Social balance
Average headcount (FTE)90874.74.8▲
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €9k | - | - | - |
| Remuneration, social security and pensions62 | - | €167k | €202k | €238k | €232k | ▼ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €33k | €36k | €41k | €58k | ▲ 42.8% |
| Other operating charges640/8 | - | €3k | €5k | €4k | €5k | ▲ 46.9% |
| Gross operating margin9900 | €245k | €245k | €322k | €387k | €386k | ▼ 0.4% |
| Operating profit (loss)9901 | €64k | €43k | €79k | €105k | €90k | ▼ 14.2% |
| Financial income75/76B | - | €153 | €19 | €2k | €889 | ▼ 42.0% |
| Recurring financial income75 | €55 | €153 | €19 | €2k | €889 | ▼ 42.0% |
| Financial charges65/66B | - | €11k | €15k | €22k | €22k | ▲ 3.5% |
| Recurring financial charges65 | €13k | €11k | €15k | €22k | €22k | ▲ 3.5% |
| Profit (loss) for the period before taxes9903 | €51k | €32k | €64k | €85k | €69k | ▼ 19.2% |
| Income taxes67/77 | €11k | €11k | €18k | €23k | €20k | ▼ 10.7% |
| Profit (loss) for the period9904 | €39k | €21k | €46k | €63k | €49k | ▼ 22.2% |
| Transfer from tax-exempt reserves789 | - | €11k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €39k | €32k | €46k | €63k | €49k | ▼ 22.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €773k | €707k | €767k | €893k | €855k | ▼ 4.3% |
| Fixed assets21/28 | €450k | €439k | €430k | €509k | €472k | ▼ 7.4% |
| Tangible fixed assets22/27 | €450k | €439k | €430k | €509k | €472k | ▼ 7.4% |
| Land and buildings22 | - | €410k | €390k | €396k | €378k | ▼ 4.4% |
| Plant, machinery and equipment23 | - | €11k | €9k | €4k | €5k | ▲ 12.1% |
| Furniture and vehicles24 | - | €10k | €25k | €19k | €18k | ▼ 4.3% |
| Leasing and similar rights25 | - | €9k | €7k | €91k | €71k | ▼ 21.9% |
| Current assets29/58 | €323k | €268k | €337k | €384k | €383k | ▼ 0.2% |
| Stocks and contracts in progress3 | €72k | €97k | €109k | €101k | €68k | ▼ 32.7% |
| Stocks30/36 | - | €97k | €109k | €101k | €68k | ▼ 32.7% |
| Amounts receivable within one year40/41 | €242k | €130k | €205k | €251k | €295k | ▲ 17.8% |
| Trade receivables40 | - | €115k | €196k | €238k | €282k | ▲ 18.7% |
| Other amounts receivable41 | - | €14k | €10k | €13k | €13k | ▲ 1.6% |
| Cash at bank and in hand54/58 | €3k | €35k | €13k | €19k | €7k | ▼ 59.8% |
| Deferred charges and accrued income490/1 | - | €6k | €9k | €14k | €13k | ▼ 9.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €773k | €707k | €767k | €893k | €855k | ▼ 4.3% |
| Equity10/15 | €178k | €198k | €236k | €299k | €347k | ▲ 16.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €158k | €179k | €216k | €279k | €328k | ▲ 17.4% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €177k | €215k | €277k | €326k | ▲ 17.6% |
| Profit (loss) carried forward14 | €775 | €804 | €836 | €879 | €906 | ▲ 3.1% |
| Amounts payable17/49 | €595k | €509k | €531k | €595k | €508k | ▼ 14.6% |
| Amounts payable after more than one year17 | €376k | €351k | €308k | €380k | €282k | ▼ 25.7% |
| Financial debts170/4 | - | €351k | €308k | €380k | €282k | ▼ 25.7% |
| Amounts payable within one year42/48 | €219k | €155k | €223k | €214k | €225k | ▲ 5.0% |
| Current portion of amounts payable after more than one year42 | - | €40k | €51k | €65k | €63k | ▼ 2.1% |
| Financial debts43 | - | - | - | €18k | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €18k | €0 | ▼ 100% |
| Trade debts44 | €119k | €72k | €96k | €55k | €105k | ▲ 89.0% |
| Suppliers440/4 | - | €72k | €96k | €55k | €105k | ▲ 89.0% |
| Taxes, remuneration and social security45 | - | €31k | €67k | €76k | €57k | ▼ 25.2% |
| Taxes450/3 | - | €9k | €25k | €41k | €31k | ▼ 26.0% |
| Remuneration and social security454/9 | - | €22k | €42k | €35k | €27k | ▼ 24.2% |
| Other amounts payable47/48 | - | €13k | €9k | - | €21 | - |
| Accrued charges and deferred income492/3 | - | €2k | €574 | €749 | €403 | ▼ 46.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39k | €21k | €46k | €63k | €49k | ▼ 22.2% |
| + Depreciation and write-downs630 | €27k | €33k | €36k | €41k | €58k | ▲ 42.8% |
| Operating cash flow (approximation) | €66k | €53k | €82k | €103k | €107k | ▲ 3.4% |
| Investment in fixed assets (approximation) | - | €-22k | €-27k | €-120k | €-21k | ▲ 82.7% |
| Change in cash | - | €31k | €-22k | €6k | €-11k | ▼ 289% |
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
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 53 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €63k ▲36.1%
Operating result €105k, net result €63k, both a record.
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 49 days late
2022
31-12
Financial
Equity above €200kEq €236k ▲18.9%
5 profitable years in a row build equity to €236k.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
31-12
Financial
Weakest financial yearnet €21k ▼48%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Equity above €150kEq €178k ▲28.6%
3 profitable years in a row build equity to €178k.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100kEq €138k ▲45.7%
2 profitable years in a row build equity to €138k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
Show earlier events
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Evergem · 1 establishment unit since 1983
Ground area
1,500 m²
Building footprint
317 m²
Volume, LiDAR
1 m³
Parcel 44019A1791/00A000, Flanders · tallest building 0.6 m. Linked by address, not a title deed.
1 establishment unit
DEGETECH (DGT)
since 19832.021.591.747
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019A1791/00A000 | Flanders | 1,500 m² | 1 · 317 m² | 0.6 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 655 EUR awarded · 518 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 51 EUR | 51 EUR |
| 2024 | 1 | 508 EUR | 371 EUR |
| 2023 | 1 | 51 EUR | 51 EUR |
| 2022 | 1 | 45 EUR | 45 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 5,999 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
Founded10-01-1983
Fiscal year end31-12
Abbreviation NL
DGT
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.