DEGO
ActiveSummary
DEGO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.81M and a net result of €1.56M. Equity is growing by ~24.5% per year across the filed fiscal years. Its solvency ranks better than 61% of 830 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-14
Solvency68▼-8
Growth83▲+5
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700k at 30 days acceptable
Liquidity ample (current ratio 2.75 against 2.85 in 2024; short-term debt: 34.7% and cash: 22.1% of total assets), but 57.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
42.7%
Return on assets
6.8%
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
20 d early
2023
36 d early
2022
35 d early
2021
37 d early
2020
39 d early
2019
31 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€21.80M▲ 22.1%
2024 · €17.85M
2023: €15.66M
2024: €17.85M
2023 → 2025
EBIT margin
9.1%▼ 6.4pp
2024 · 15.5%
2023: 13.1%
2024: 15.5%
2023 → 2025
Net result
€1.56M▼ 27.5%
2024 · €2.15M
2018: €542k
2019: €642k
2020: €542k
2021: €1.07M
2022: €937k
2023: €1.58M
2024: €2.15M
2018 → 2025
Working capital
€13.93M▲ 42.8%
2024 · €9.76M
2018: €2.27M
2019: €2.61M
2020: €2.87M
2021: €3.37M
2022: €3.84M
2023: €5.30M
2024: €9.76M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€15.66M€17.85M▲ 14.0%€21.80M▲ 22.1%
Equity€3.58M-€4.52M▲ 26.1%€6.10M▲ 35.0%€8.25M▲ 35.2%€9.81M▲ 18.9%
Operating result€1.41M-€1.22M▼ 13.2%€2.06M▲ 68.2%€2.76M▲ 34.2%€1.98M▼ 28.3%
Net result€1.07M-€937k▼ 12.6%€1.58M▲ 68.9%€2.15M▲ 35.9%€1.56M▼ 27.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.96M
Fixed assets
€1.06M ▲ 4.4%
Current assets
€21.89M ▲ 45.8%
Equity and liabilities €22.96M
Equity
€9.81M ▲ 18.9%
Debt
€13.14M ▲ 68.9%
Debt's share of the balance-sheet total rises from 48.5% to 57.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2.28M▼
2024 · €3.03M
Cash flow
€1.86M▼
2024 · €2.41M
Current ratio
2.75▼
2024 · 2.85
Quick ratio
1.17▼
2024 · 1.31
Debt to equity
1.34▲
2024 · 0.94
ROE
15.9%▼
2024 · 26.1%
ROA
6.8%▼
2024 · 13.4%
Interest coverage
42.24▼
2024 · 327.70
Debt ≤ 1 year
€7.96M▲
2024 · €5.26M
Debt > 1 year
€2.92M▲
2024 · €905k
Income taxes
€528k▼
2024 · €727k
Staff costs
€1.67M▼
2024 · €1.68M
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 · 75 lines
Balance sheet
Code20242025
Assets
Total assets20/58€16.04M€22.96M▲
Fixed assets21/28€1.02M€1.06M▲
Intangible fixed assets21€23k€48k▲
Tangible fixed assets22/27€850k€847k▼
Plant, machinery and equipment23€412k€421k▲
Furniture and vehicles24€379k€375k▼
Other tangible fixed assets26€59k€51k▼
Financial fixed assets28€146k€169k▲
Other financial fixed assets284/8€146k€169k▲
Amounts receivable and cash guarantees285/8€146k€169k▲
Current assets29/58€15.02M€21.89M▲
Amounts receivable after more than one year29€817k€833k▲
Other amounts receivable291€817k€833k▲
Stocks and contracts in progress3€8.11M€12.55M▲
Stocks30/36€86k€95k▲
Raw materials and consumables30/31€62k€71k▲
Property held for sale35€24k€24k=
Contracts in progress37€8.02M€12.45M▲
Amounts receivable within one year40/41€3.80M€3.36M▼
Trade receivables40€1.46M€295k▼
Other amounts receivable41€2.34M€3.07M▲
Cash at bank and in hand54/58€2.23M€5.06M▲
Deferred charges and accrued income490/1€64k€84k▲
Equity and liabilities
Total equity and liabilities10/49€16.04M€22.96M▲
Equity10/15€8.25M€9.81M▲
Contributions10/11€25k€25k=
Reserves13€8.23M€9.79M▲
Tax-exempt reserves132€38k€38k=
Distributable reserves133€8.19M€9.75M▲
Amounts payable17/49€7.78M€13.14M▲
Amounts payable after more than one year17€905k€2.92M▲
Financial debts170/4€905k€2.92M▲
Credit institutions173€905k€2.92M▲
Amounts payable within one year42/48€5.26M€7.96M▲
Trade debts44€993k€965k▼
Suppliers440/4€993k€965k▼
Advances received on contracts in progress46€1.34M€1.48M▲
Taxes, remuneration and social security45€349k€373k▲
Taxes450/3€215k€242k▲
Remuneration and social security454/9€134k€131k▼
Other amounts payable47/48€2.58M€5.14M▲
Accrued charges and deferred income492/3€1.62M€2.26M▲
Income statement
Code20242025
Operating income70/76A€22.66M€26.42M▲
Turnover70€17.85M€21.80M▲
Change in stocks of work in progress, finished goods and contracts in progress71€4.68M€4.43M▼
Other operating income74€127k€171k▲
Non-recurring operating income76A€200€18k▲
Operating charges60/66A€19.90M€24.44M▲
Goods for resale, raw materials and consumables60€15.73M€18.40M▲
Purchases600/8€15.74M€18.41M▲
Change in stocks: decrease (increase)609€-12k€-9k▲
Services and other goods61€2.13M€3.86M▲
Remuneration, social security and pensions62€1.68M€1.67M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€264k€302k▲
Other operating charges640/8€97k€211k▲
Non-recurring operating charges66A€3k-
Operating profit (loss)9901€2.76M€1.98M▼
Financial income75/76B€129k€166k▲
Recurring financial income75€129k€166k▲
Income from current assets751€59k€83k▲
Other financial income752/9€70k€84k▲
Financial charges65/66B€13k€59k▲
Recurring financial charges65€13k€59k▲
Debt charges650€9k€54k▲
Other financial charges652/9€3k€5k▲
Profit (loss) for the period before taxes9903€2.88M€2.09M▼
Income taxes67/77€727k€528k▼
Taxes670/3€727k€528k▼
Tax adjustments and reversals of tax provisions77€125€214▲
Profit (loss) for the period9904€2.15M€1.56M▼
Profit (loss) for the period to be appropriated9905€2.15M€1.56M▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.15M€1.56M▼
Transfer to equity691/2€2.15M€1.56M▼
To other reserves6921€2.15M€1.56M▼
Social balance
Average headcount (FTE)908725.725.0▼
The notes to these accounts (47 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €2.15M ▲35.9%
Operating result €2.76M, net result €2.15M, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €5MEq €6.10M ▲35%
6 profitable years in a row build equity to €6.10M.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €542k ▼15.6%
Net result drops to €542k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Hoogstraten · 1 establishment unit since 1989
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.
Putten 142320 HoogstratenGround area
6,962 m²
Building footprint
2,896 m²
Volume, LiDAR
2 m³
Parcel 13014F0009/00K002, Flanders · tallest building 0.2 m. Linked by address, not a title deed.
1 establishment unit
DEGO BVBA
since 19892.043.141.286
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014F0009/00K002 | Flanders | 6,962 m² | 1 · 2,896 m² | 0.2 m |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 10,247 EUR awarded · 10,385 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 8,438 EUR | 8,438 EUR |
| 2024 | 1 | 1,536 EUR | 1,809 EUR |
| 2023 | 1 | 273 EUR | 138 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Recognised contractor
9 categoriesDEGO BV19650
Dual-learning approval
8 live approvals · 2 endedMedewerker ruwbouw (vwo)
Medewerker ruwbouw (vwo)
Medewerker ruwbouw duaal (so)
Medewerker ruwbouw duaal (so)
Metselaar (vwo)
Metselaar (vwo)
Show 2 more
Ruwbouw duaal (so)
Ruwbouw duaal (so)
Show 2 ended approvals
Metselaar (so)
Metselaar (so)
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 1,047 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-04-1989
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
68110Buying and selling of own real estate
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.