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Degros

Active Risk: not assessed
Public limited companyfounded 198936 yrs activeHerkenrodesingel 4A, 3500 Hasselt, BelgiumKBO/BCE: BE 0439.689.815
Summary

Degros is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €739,162 and a net result of €350,104. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 25% of 2473 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 2473 sector peers (2025).
NBB · sector comparison
Position among 2473 sector peers
Solvency
better than 25%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €739,162
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
36 d early
2023
37 d early
2022
33 d early
2021
34 d early
2020
37 d early
2019
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed 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 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 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

Degros was incorporated on 11 December 1989.1 Total assets rose from EUR 1.4 million in 2018 to EUR 2.4 million in 2025.2

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

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Financials · fiscal year 2025, full schema

Equity
€739,162▲ 90.0%
2024 · €389,057
Net result
€350,104
2024 · -€7,633
Total assets
€2.4m▲ 19.4%
2024 · €2.0m
Solvency
31.3%▲ 11.6pp
2024 · 19.7%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€1,348▼ 77.6%-€5,770€13,842-€6,571€465,457
Net result€465below the sector's middle half▼ 86.6%-€6,484below the sector's middle half€11,049within the sector's middle half-€7,633below the sector's middle half€350,104within the sector's middle half
Equity€392,125within the sector's middle half▲ 0.1%€385,641within the sector's middle half▼ 1.7%€396,691within the sector's middle half▲ 2.9%€389,057within the sector's middle half▼ 1.9%€739,162below the sector's middle half▲ 90.0%
Total assets€1.3mwithin the sector's middle half▼ 6.3%€1.8mwithin the sector's middle half▲ 45.0%€1.8mwithin the sector's middle half▼ 1.6%€2.0mwithin the sector's middle half▲ 8.8%€2.4mbelow the sector's middle half▲ 19.4%
Debt€881,738▼ 8.9%€1.5m▲ 65.7%€1.4m▼ 2.8%€1.6m▲ 11.8%€1.6m▲ 2.1%
Working capital-€824,143below the sector's middle half▲ 1.7%€385,641above the sector's middle half€396,691above the sector's middle half▲ 2.9%€478,005above the sector's middle half▲ 20.5%€739,162within the sector's middle half▲ 54.6%
Solvency30.8%within the sector's middle half▲ 2.0pp20.9%below the sector's middle half▼ 9.9pp21.8%below the sector's middle half▲ 0.9pp19.7%below the sector's middle half▼ 2.2pp31.3%below the sector's middle half▲ 11.6pp
Current ratio0.07below the sector's middle half▼ 0.071.26within the sector's middle half▲ 1.201.28within the sector's middle half▲ 0.021.32within the sector's middle half▲ 0.041.46within the sector's middle half▲ 0.14
Return on assets (ROA)0.0%below the sector's middle half▼ 0.2pp-0.4%below the sector's middle half▼ 0.4pp0.6%within the sector's middle half▲ 1.0pp-0.4%below the sector's middle half▼ 1.0pp14.8%above the sector's middle half▲ 15.2pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000Operating result 2021: €1,348€1,348Net result 2021: €465€465Operating result 2022: -€5,770-€5,770Net result 2022: -€6,484-€6,484Operating result 2023: €13,842€13,842Net result 2023: €11,049€11,049Operating result 2024: -€6,571-€6,571Net result 2024: -€7,633-€7,633Operating result 2025: €465,457€465,457Net result 2025: €350,104€350,10420212022202320242025-€200,000€0€200,000€400,000Operating result 2023: €13,842€13,800Net result 2023: €11,049€11,000Operating result 2024: -€6,571-€6,570Net result 2024: -€7,633-€7,630Operating result 2025: €465,457€465,000Net result 2025: €350,104€350,000202320242025
The operating result returns to profit in 2025: €465,457 after a loss of €6,571 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €2.4m
Equity €739,162 ▲ 90.0%
Debt €1.6m ▲ 2.1%
Debt's share of the balance-sheet total falls from 80.3% to 68.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
47.4%▲
2024 · -2.0%
Debt ≤ 1 year
€1.6m▲
2024 · €1.5m
Income taxes
€114,199▲
2024 · -€94
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.0m€2.4m▲
Current assets29/58€2.0m€2.4m▲
Stocks and contracts in progress3€1.9m€2.0m▲
Stocks30/36€1.9m€2.0m▲
Amounts receivable within one year40/41€79,016€294,715▲
Trade receivables40-€290,000
Other amounts receivable41€79,016€4,715▼
Cash at bank and in hand54/58€2,740€26,993▲
Equity and liabilities
Total equity and liabilities10/49€2.0m€2.4m▲
Equity10/15€389,057€739,162▲
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Reserves13€334,717€677,188▲
Non-distributable reserves130/1€6,197€6,197=
Legal reserve130€6,197€6,197=
Tax-exempt reserves132€316,693€316,693=
Distributable reserves133€11,827€354,298▲
Profit (loss) carried forward14-€7,633-
Amounts payable17/49€1.6m€1.6m▲
Amounts payable within one year42/48€1.5m€1.6m▲
Trade debts44€2,730€66,788▲
Suppliers440/4€2,730€66,788▲
Taxes, remuneration and social security45-€19,199
Taxes450/3-€19,199
Other amounts payable47/48€1.5m€1.5m▲
Accrued charges and deferred income492/3€88,948-
Income statement Code20242025
Other operating charges640/8€1,030€1,125▲
Gross operating margin9900-€5,542€466,582▲
Operating profit (loss)9901-€6,571€465,457▲
Financial income75/76B-€33
Recurring financial income75-€33
Financial charges65/66B€1,156€1,186▲
Recurring financial charges65€1,156€1,186▲
Profit (loss) for the period before taxes9903-€7,727€464,303▲
Income taxes67/77-€94€114,199▲
Profit (loss) for the period9904-€7,633€350,104▲
Profit (loss) for the period to be appropriated9905-€7,633€350,104▲
Appropriation of the result
Profit (loss) to be appropriated9906-€7,633€342,471▲
Profit (loss) brought forward from the previous period14P--€7,633
Transfer to equity691/2-€342,471
To other reserves6921-€342,471
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,099-----
Other operating charges640/8€2,979€930€708€1,030€1,125▲ 9.3%
Gross operating margin9900€18,426-€4,840€14,550-€5,542€466,582▲ 8,519%
Operating profit (loss)9901€1,348-€5,770€13,842-€6,571€465,457▲ 7,183%
Financial income75/76B€0---€33-
Recurring financial income75€0---€33-
Financial charges65/66B€751€555€1,092€1,156€1,186▲ 2.6%
Recurring financial charges65€751€555€1,092€1,156€1,186▲ 2.6%
Profit (loss) for the period before taxes9903€597-€6,325€12,749-€7,727€464,303▲ 6,109%
Income taxes67/77€132€159€1,700-€94€114,199▲ 121,821%
Profit (loss) for the period9904€465-€6,484€11,049-€7,633€350,104▲ 4,686%
Profit (loss) for the period to be appropriated9905€465-€6,484€11,049-€7,633€350,104▲ 4,686%
Line20212022202320242025Change
Assets
Total assets20/58€1.3m€1.8m€1.8m€2.0m€2.4m▲ 19.4%
Fixed assets21/28€1.2m-----
Tangible fixed assets22/27€1.2m-----
Land and buildings22€1.2m-----
Current assets29/58€57,594€1.8m€1.8m€2.0m€2.4m▲ 19.4%
Stocks and contracts in progress3€23,447€1.8m€1.8m€1.9m€2.0m▲ 7.6%
Stocks30/36€23,447€1.8m€1.8m€1.9m€2.0m▲ 7.6%
Amounts receivable within one year40/41€30,961€2,517€2,853€79,016€294,715▲ 273%
Trade receivables40€30,961€1,815--€290,000-
Other amounts receivable41-€702€2,853€79,016€4,715▼ 94.0%
Cash at bank and in hand54/58€3,186€4,734€9,662€2,740€26,993▲ 885%
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.8m€1.8m€2.0m€2.4m▲ 19.4%
Equity10/15€392,125€385,641€396,691€389,057€739,162▲ 90.0%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Capital10€61,973€61,973€61,973€61,973€61,973=
Issued capital100€61,973€61,973€61,973€61,973€61,973=
Reserves13€330,152€330,152€334,717€334,717€677,188▲ 102%
Non-distributable reserves130/1€6,197€6,197€6,197€6,197€6,197=
Legal reserve130€6,197€6,197€6,197€6,197€6,197=
Tax-exempt reserves132€316,693€316,693€316,693€316,693€316,693=
Distributable reserves133€7,262€7,262€11,827€11,827€354,298▲ 2,896%
Profit (loss) carried forward14--€6,484--€7,633--
Amounts payable17/49€881,738€1.5m€1.4m€1.6m€1.6m▲ 2.1%
Amounts payable within one year42/48€881,738€1.5m€1.4m€1.5m€1.6m▲ 8.2%
Trade debts44€831€3,267€3,977€2,730€66,788▲ 2,346%
Suppliers440/4€831€3,267€3,977€2,730€66,788▲ 2,346%
Taxes, remuneration and social security45€4,672---€19,199-
Taxes450/3€4,672---€19,199-
Other amounts payable47/48€876,235€1.5m€1.4m€1.5m€1.5m▲ 2.6%
Accrued charges and deferred income492/3---€88,948--
Line20212022202320242025Change
Profit (loss) for the period9904€465-€6,484€11,049-€7,633€350,104▲ 4,686%
+ Depreciation and write-downs630€14,099-----
Operating cash flow (approximation)€14,564-€6,484€11,049-€7,633€350,104▲ 4,686%
Change in cash-€1,549€4,928-€6,923€24,253▲ 450%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €350,104
Net result €350,104 after one loss-making year.
31-12
Financial Equity above €500,000Eq €739,162 ▲90%
Equity rises from €389,057 to €739,162.
25-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet -€7,633
Net result drops to -€7,633, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €11,049
Net result €11,049 after one loss-making year.
28-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Liquidity times 19current ratio 1.26
Current ratio from 0.07 to 1.26.
27-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
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.
0 of 15 acts read
About the unread acts

We know of 15 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
No directors read yet: 0 of 15 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
2,004 m²
Building footprint
389 m²
Volume, LiDAR
8,197 m³
Parcel 71327G0668/00A002, Flanders · tallest building 23.3 m, ±7 floors. Linked by address, not a title deed.
11 companies at this address See who is registered here
1 establishment unit
DEGROS NV
Herkenrodesingel 4A, 3500 HasseltReal estate activities
since 19902.047.696.229
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0668/00A002 Flanders 2,003 m² 1 · 389 m² 23.3 m · 7 fl.
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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. WANTEN 100%
  2. Degros

Highest known parent: WANTEN. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,721 companies in this sector we hold annual accounts for 19,804. 13,261 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPublic limited company
Founded11-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0439689815
Also 9925:BE0439689815
Registered 19-09-2025

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

Register as of 1 October 2026 · Peppol Directory

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