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DEGO

Active
Private limited companyfounded 198738 yrs activeGruuthuselaan 29, 8020 Oostkamp, BelgiumKBO/BCE: BE 0432.200.227
Summary

DEGO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €751,198 and a net result of -€10,210. Equity remains stable across the filed fiscal years (±0.8% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability65▲+6
Solvency78=
Growth42▼-2
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.26 against 0.09 in 2024; short-term debt: 0.3% and cash: 0.1% of total assets), and 47% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
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
53%
Return on assets
-0.7%
Age of the figures
9 mo
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 filings
Deviation from the deadline
2025
52 d late
2024
8 d early
2023
4 d early
2022
31 d early
2021
60 d late
2020
90 d late
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 40 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 28 July (4 of the last 5 filed years within 55 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

On 8 October 1987, DEGO was incorporated.1 Revenue went from EUR 49,370 in 2018 to EUR 84,005 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€84,005▼ 5.6%
2024 · €88,956
EBIT margin
7.6%▲ 2.3pp
2024 · 5.3%
Net result
-€10,210▲ 49.9%
2024 · -€20,389
Working capital
-€2,937▲ 94.0%
2024 · -€48,644
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€27,077▲ 31.9%€89,781▲ 232%€82,113▼ 8.5%€88,956▲ 8.3%€84,005▼ 5.6%
Operating result-€3,816▲ 52.6%€143-€2,810€4,702€6,406▲ 36.2%
Net result-€3,462▲ 58.7%€98-€2,923-€20,389▼ 598%-€10,210▲ 49.9%
EBIT margin-14.1%▲ 25.1pp0.2%▲ 14.3pp-3.4%▼ 3.6pp5.3%▲ 8.7pp7.6%▲ 2.3pp
Equity€784,622▼ 0.4%€784,720=€781,797▼ 0.4%€761,408▼ 2.6%€751,198▼ 1.3%
Total assets€1.6m▲ 63.3%€1.5m▼ 3.5%€1.5m▼ 2.4%€1.4m▼ 2.5%€1.4m▼ 1.7%
Debt€787,188▲ 351%€731,751▼ 7.0%€698,132▼ 4.6%€681,228▼ 2.4%€666,237▼ 2.2%
Working capital-€66,674▼ 146%-€61,616▲ 7.6%-€54,428▲ 11.7%-€48,644▲ 10.6%-€2,937▲ 94.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0€10,000Operating result 2021: -€3,816-€3,816Net result 2021: -€3,462-€3,462Operating result 2022: €143€143Net result 2022: €98€98Operating result 2023: -€2,810-€2,810Net result 2023: -€2,923-€2,923Operating result 2024: €4,702€4,702Net result 2024: -€20,389-€20,389Operating result 2025: €6,406€6,406Net result 2025: -€10,210-€10,21020212022202320242025-€30,000-€20,000-€10,000€0€10,000Operating result 2023: -€2,810-€2,810Net result 2023: -€2,923-€2,920Operating result 2024: €4,702€4,700Net result 2024: -€20,389-€20,400Operating result 2025: €6,406€6,410Net result 2025: -€10,210-€10,200202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 36% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets €1.4m ▼ 1.5%
Current assets €1,031 ▼ 77.9%
Equity and liabilities €1.4m
Equity €751,198 ▼ 1.3%
Debt €666,237 ▼ 2.2%
Debt's share of the balance-sheet total falls from 47.2% to 47.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€62,082▼
2024 · €63,111
Cash flow
€45,466▲
2024 · €38,020
Current ratio
0.26▲
2024 · 0.09
Debt to equity
0.89▼
2024 · 0.89
ROE
-1.4%▲
2024 · -2.7%
ROA
-0.7%▲
2024 · -1.4%
Interest coverage
3.59▲
2024 · 2.51
Debt ≤ 1 year
€3,968▼
2024 · €53,309
Debt > 1 year
€645,000▲
2024 · €625,400
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 8,616 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€1.4m▼
Fixed assets21/28€1.4m€1.4m▼
Tangible fixed assets22/27€1.4m€1.4m▼
Land and buildings22€1.4m€1.4m▼
Current assets29/58€4,665€1,031▼
Amounts receivable within one year40/41€3,088€35▼
Trade receivables40€3,088€35▼
Cash at bank and in hand54/58€1,577€996▼
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m▼
Equity10/15€761,408€751,198▼
Contributions10/11€473,477€473,477=
Reserves13€224,696€218,031▼
Tax-exempt reserves132€202,175€195,510▼
Distributable reserves133€22,521€22,521=
Profit (loss) carried forward14€63,235€59,690▼
Amounts payable17/49€681,228€666,237▼
Amounts payable after more than one year17€625,400€645,000▲
Financial debts170/4€625,400€645,000▲
Amounts payable within one year42/48€53,309€3,968▼
Current portion of amounts payable after more than one year42€36,600-
Trade debts44€14,557€1,865▼
Suppliers440/4€14,557€1,865▼
Other amounts payable47/48€2,152€2,103▼
Accrued charges and deferred income492/3€2,519€17,269▲
Income statement Code20242025
Turnover70€88,956€84,005▼
Goods, raw materials, services and sundry goods60/61€17,647€14,299▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58,409€55,676▼
Other operating charges640/8€8,198€7,624▼
Gross operating margin9900€71,309€69,706▼
Operating profit (loss)9901€4,702€6,406▲
Financial income75/76B€56€698▲
Recurring financial income75€56€698▲
Financial charges65/66B€25,147€17,314▼
Recurring financial charges65€25,147€17,314▼
Profit (loss) for the period before taxes9903-€20,389-€10,210▲
Profit (loss) for the period9904-€20,389-€10,210▲
Transfer from tax-exempt reserves789€6,665€6,665=
Profit (loss) for the period to be appropriated9905-€13,724-€3,545▲
Appropriation of the result
Profit (loss) to be appropriated9906€63,235€59,690▼
Profit (loss) brought forward from the previous period14P€76,959€63,235▼

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

Line20212022202320242025Change
Turnover70€27,077€89,781€82,113€88,956€84,005▼ 5.6%
Goods, raw materials, services and sundry goods60/61€7,806€22,729€15,532€17,647€14,299▼ 19.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,537€59,757€60,341€58,409€55,676▼ 4.7%
Other operating charges640/8€5,550€7,152€9,050€8,198€7,624▼ 7.0%
Gross operating margin9900€19,271€67,052€66,581€71,309€69,706▼ 2.2%
Operating profit (loss)9901-€3,816€143-€2,810€4,702€6,406▲ 36.2%
Financial income75/76B€399--€56€698▲ 1,146%
Recurring financial income75€399--€56€698▲ 1,146%
Financial charges65/66B€45€45€45€25,147€17,314▼ 31.1%
Recurring financial charges65€45€45€45€25,147€17,314▼ 31.1%
Profit (loss) for the period before taxes9903-€3,462€98-€2,855-€20,389-€10,210▲ 49.9%
Income taxes67/77--€68---
Profit (loss) for the period9904-€3,462€98-€2,923-€20,389-€10,210▲ 49.9%
Transfer from tax-exempt reserves789-€6,665€6,665€6,665€6,665=
Profit (loss) for the period to be appropriated9905-€3,462€6,763€3,742-€13,724-€3,545▲ 74.2%
Line20212022202320242025Change
Assets
Total assets20/58€1.6m€1.5m€1.5m€1.4m€1.4m▼ 1.7%
Fixed assets21/28€1.6m€1.5m€1.5m€1.4m€1.4m▼ 1.5%
Tangible fixed assets22/27€1.6m€1.5m€1.5m€1.4m€1.4m▼ 1.5%
Land and buildings22€1.6m€1.5m€1.5m€1.4m€1.4m▼ 1.5%
Current assets29/58€15,516€6,539€1,221€4,665€1,031▼ 77.9%
Amounts receivable within one year40/41€35€3,156€35€3,088€35▼ 98.9%
Trade receivables40€35€35€35€3,088€35▼ 98.9%
Other amounts receivable41-€3,121----
Cash at bank and in hand54/58€15,481€3,383€1,186€1,577€996▼ 36.8%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.5m€1.5m€1.4m€1.4m▼ 1.7%
Equity10/15€784,622€784,720€781,797€761,408€751,198▼ 1.3%
Contributions10/11€473,477€473,477€473,477€473,477€473,477=
Capital10€473,477-----
Issued capital100€473,477-----
Reserves13€240,837€238,026€231,361€224,696€218,031▼ 3.0%
Non-distributable reserves130/1€18,667€22,521€22,521---
Legal reserve130€18,667-----
Reserves not available under the articles1311-€22,521€22,521---
Tax-exempt reserves132€222,170€215,505€208,840€202,175€195,510▼ 3.3%
Distributable reserves133---€22,521€22,521=
Profit (loss) carried forward14€70,308€73,217€76,959€63,235€59,690▼ 5.6%
Amounts payable17/49€787,188€731,751€698,132€681,228€666,237▼ 2.2%
Amounts payable after more than one year17€704,500€656,000€638,400€625,400€645,000▲ 3.1%
Financial debts170/4€704,500€656,000€638,400€625,400€645,000▲ 3.1%
Amounts payable within one year42/48€82,190€68,155€55,649€53,309€3,968▼ 92.6%
Current portion of amounts payable after more than one year42€70,500€60,000€45,600€36,600--
Trade debts44€9,578€8,155€7,192€14,557€1,865▼ 87.2%
Suppliers440/4€9,578€8,155€7,192€14,557€1,865▼ 87.2%
Taxes, remuneration and social security45--€68---
Taxes450/3--€68---
Other amounts payable47/48€2,112-€2,789€2,152€2,103▼ 2.3%
Accrued charges and deferred income492/3€498€7,596€4,083€2,519€17,269▲ 586%
Line20212022202320242025Change
Profit (loss) for the period9904-€3,462€98-€2,923-€20,389-€10,210▲ 49.9%
+ Depreciation and write-downs630€17,537€59,757€60,341€58,409€55,676▼ 4.7%
Operating cash flow (approximation)€14,075€59,855€57,418€38,020€45,466▲ 19.6%
Investment in fixed assets (approximation)--€13,395-€29,117-€17,672-€34,109▼ 93.0%
Change in cash--€12,098-€2,197€391-€581▼ 249%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 52 days late
2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€20,389
Net result drops to -€20,389, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €98
Net result €98 after 3 loss-making years.
29-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
29-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial Liquidity times 16current ratio 177.69
Current ratio from 11.03 to 177.69; short-term debt falls from €55,458 to €2,576.
09-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
30-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Oostkamp · 1 establishment unit since 1987
seat establishment The establishment unit on the map
Ground area
2,993 m²
Building footprint
378 m²
Volume, LiDAR
2,382 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DEGO NV
Erkegemstraat 62, 8020 OostkampNACE 70201
since 19872.031.315.305
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31022I0406/00G000 Flanders 2,802 m² 1 · 250 m² 9.3 m · 2 fl.
31022C1059/00R000 Flanders 191 m² 1 · 128 m² 8.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded08-10-1987
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.