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DEGICON

Active
Private limited companyfounded 20179 yrs activeGroenstraat 12, 1570 Pajottegem, BelgiumKBO/BCE: BE 0680.820.234

DEGICON has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €176k and a net result of €62k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 40% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
85 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-7
Solvency69▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.71 against 3.74 in 2024; short-term debt: 14.1% and cash: 29.9% of total assets), but 55.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
44.3%
Return on assets
15.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
24 d early
2024
7 d early
2023
19 d early
2022
1 d early
2021
6 d early
2020
19 d early
2019
1 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€176k▼ 2.4%
2024 · €180k
2019: €83k 2021: €94k 2022: €106k 2023: €133k 2024: €180k
2019 → 2025
Total assets
€398k▼ 5.4%
2024 · €421k
2019: €111k 2021: €410k 2022: €396k 2023: €398k 2024: €421k
2019 → 2025
Net result
€62k▼ 29.5%
2024 · €88k
2019: €47k 2021: €17k 2022: €20k 2023: €47k 2024: €88k
2019 → 2025
Working capital
€96k▼ 27.5%
2024 · €132k
2019: €80k 2021: €41k 2022: €48k 2023: €80k 2024: €132k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€94k-€106k▲ 12.8%€133k▲ 25.7%€180k▲ 35.9%€176k▼ 2.4%
Operating result€27k-€30k▲ 14.5%€64k▲ 111%€116k▲ 80.5%€83k▼ 28.8%
Net result€17k-€20k▲ 15.4%€47k▲ 140%€88k▲ 86.0%€62k▼ 29.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €27k€27kNet result 2021: €17k€17kOperating result 2022: €30k€30kNet result 2022: €20k€20kOperating result 2023: €64k€64kNet result 2023: €47k€47kOperating result 2024: €116k€116kNet result 2024: €88k€88kOperating result 2025: €83k€83kNet result 2025: €62k€62k20212022202320242025
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €398k
Fixed assets €246k▲ 2.5%
Current assets €152k▼ 15.9%
Equity and liabilities €398k
Equity €176k▼ 2.4%
Debt €222k▼ 7.7%
The debt ratio falls from 57.1% to 55.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€106k
2024 · €145k
Cash flow
€85k
2024 · €116k
Solvency
44.3%
2024 · 42.9%
Current ratio
2.71
2024 · 3.74
Quick ratio
2.71
2024 · 3.74
Debt / equity
1.26
2024 · 1.33
ROE
35.1%
2024 · 48.6%
ROA
15.5%
2024 · 20.8%
Interest coverage
26.24
2024 · 38.16
Debt
€222k
2024 · €240k
Debt ≤ 1 year
€56k
2024 · €48k
Debt > 1 year
€166k
2024 · €192k
Income taxes
€17k
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€421k€398k
Fixed assets21/28€240k€246k
Tangible fixed assets22/27€240k€246k
Land and buildings22€240k€238k
Furniture and vehicles24-€8k
Current assets29/58€180k€152k
Amounts receivable within one year40/41€27k€29k
Trade receivables40€25k€26k
Other amounts receivable41€3k€3k
Cash at bank and in hand54/58€149k€119k
Deferred charges and accrued income490/1€5k€3k
Equity and liabilities
Total equity and liabilities10/49€421k€398k
Equity10/15€180k€176k
Contributions10/11€19k€19k=
Reserves13€162k€157k
Distributable reserves133€162k€157k
Amounts payable17/49€240k€222k
Amounts payable after more than one year17€192k€166k
Financial debts170/4€192k€166k
Amounts payable within one year42/48€48k€56k
Current portion of amounts payable after more than one year42€26k€26k
Financial debts43€1k-
Credit institutions430/8€1k-
Trade debts44€4k€10k
Suppliers440/4€4k€10k
Taxes, remuneration and social security45€14k€14k
Taxes450/3€11k€11k
Remuneration and social security454/9€3k€3k
Other amounts payable47/48€3k€6k
Accrued charges and deferred income492/3€150-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€23k
Other operating charges640/8€2k€2k
Gross operating margin9900€146k€108k
Operating profit (loss)9901€116k€83k
Financial income75/76B€0€62
Recurring financial income75€0€62
Financial charges65/66B€4k€4k
Recurring financial charges65€4k€4k
Profit (loss) for the period before taxes9903€112k€79k
Income taxes67/77€24k€17k
Profit (loss) for the period9904€88k€62k
Profit (loss) for the period to be appropriated9905€88k€62k
Appropriation of the result
Profit (loss) to be appropriated9906€88k€62k
Transfer from equity791/2€40k€66k
Transfer to equity691/2€88k€62k
To other reserves6921€88k€62k
Profit to be distributed694/7€40k€66k
Return on contributions (dividend)694€40k€66k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
07-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
24-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Highest result since 2019net €88k ▲86%
Operating result €116k, net result €88k, both a record.
30-06
Financial Equity above €150kEq €180k ▲35.9%
5 profitable years in a row build equity to €180k.
12-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Equity above €100kEq €106k ▲12.8%
3 profitable years in a row build equity to €106k.
25-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Weakest financial yearnet €17k ▼63.8%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
12-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
22-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Pajottegem · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

Groenstraat 121570 Pajottegem
Ground area
1,572 m²
Building footprint
97 m²
Volume, LiDAR
547 m³
Parcel 23087C0062/02W000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEGICON
Groenstraat 12, 1570 PajottegemRepair, maintenance and installation of machinery and equipment
since 20172.268.227.907
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23087C0062/02W000 Flanders 1,572 m² 1 · 97 m² 9.1 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 40,634 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-09-2017
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.