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DEP SERVICES

Active Private limited companyfounded 2021active for 5 yearsRue Nestor Falise 44, 6180 CourcellesKBO/BCE: BE 0761.679.236 #5 company by total assets in Courcelles, Transport and storage sector

Lifetime

4 annual accounts with figures on one time axis
peak €3.6m (2025)
€3.6m▲ 4.3%
peak €566,705 (2025)
€566,705▲ 22.3%
peak €852,567 (2024)
€308,670▼ 63.8%
€2.7m▲ 130%
peak 69.6 FTE (2025)
69.6 FTE▲ 45.0%
Board1 name since 2021
Documentsfilings and deeds
29-10-202690 days late
2025abbreviated format
Staff from 48 FTE to 69.6 FTERegistered office moved from Charleroi to Courcelles 05-08Dividend €1.1mEquity from €852,567 to €308,670Debts from €1.2m to €2.7mInvestments €1.1m

Key points

from the 2025 annual accounts

Equity

€308,670 ▼ 63.8%
0.92024+0.6Profit-1.1Dividend0.32025

DEP SERVICES paid out €1.1m in dividends. That is 196% of the 2025 profit.

Debts

€2.7m 90% of the balance sheet
Financial debts 24%Suppliers 22%Taxes and wages 35%Other 18%

Of this, €2.1m falls due within a year.

Investments

€820,040 10.5 × depreciation
2022202320242025

Green is investment, beige is depreciation. Machinery stands 30.3% higher than in 2024.

Staff

105 employees on 31-12-2025
114702022128115202329528920242842412025

In 2025, 284 people joined and 241 left.

Filings

4 annual accounts 90 days
AprilJune31 JulyOctober2022202320242025

Latest accounts filed late: after the legal deadline.

Position in the sector

€566,705

Higher net result than 95% of companies in land transport. Sector median €22,414 · 2,412 companies.

Checked score

52
Fair
Financially stronger than 53% of medium-sized companies in land transport (NACE 49)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.5% across 275 companies (NACE 49, medium-sized).

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.1% 01-2025: 1.0%▼ -0.1 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 0.9%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 1.1%▲ +0.2 percentage points vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.6%▲ +0.5 percentage points vs 07-2025 09-2025: 3.1%▲ +1.5 percentage points vs 08-2025 10-2025: 1.4%▼ -1.7 percentage points vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.6%▲ +0.2 percentage points vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.8%▲ +0.2 percentage points vs 06-2026 08-2026: 2.5%▲ +0.7 percentage points vs 07-2026 09-2026: 2.7%▲ +0.2 percentage points vs 08-2026 10-2026: 4.2%▲ +1.5 percentage points vs 09-2026highest value 11-2026: 2.7%▼ -1.5 percentage points vs 10-2026

Financial strength
Strong

35-32equity 10.2% of total assets
64-6short-term debt 68.0% · cash 49.6%
92-5return on assets 18.7%

Score breakdown

raises risk
Last filed accounts filed 90 days late; 3 of the last 3 accounts late
Founded in 2021
Sector: Land transport and transport via pipelines (NACE 49)
lowers risk
Liquidity: current ratio 0.83, cash €1.5m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, medium-sized). It does better than 17% of them on solvency, 92% on liquidity, 97% on profitability and 5% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 684 companies had the same profile as DEP SERVICES has now. Each dot stands for 2 companies, two years later.

97.4%
were still trading
2.2%
stopped another way
0.3%
went bankrupt
  • Medium-sized
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
  • without age

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of DEP SERVICES itself is higher: 2.7% within 12 months. It rests on far more data about DEP SERVICES than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 684 companies, not a prediction for DEP SERVICES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €16,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.83 (1.5 in 2024), below 1. Short-term debt is 68% and cash 49.6% of total assets. 89.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 90 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 0.83, cash €1.5m
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 2418 sector peers (2025).
NBB · sector comparison
Position among 2418 sector peers
Solvency
better than 16%
← weakest strongest →
raises risk · 2025 accounts filed 90 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-10-2026, 90 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
90 days late
2024
31 days late
2023
64 days late
2022
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 54 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 September (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AO
Director
  • ABAJTOUR Oussama 100 sharesdeed of 19-01-2021

Shares in 1 company, MYRAL

Board & ownership

Recent changes

Registered office moved from Charleroi to Courcelles New registered office: rue Nestor Falise, 44 à 6180 Courcelles · Previous registered office: rue d'Edimbourg, 3 à 6040 Charleroi · General meeting of 18-07-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0761679236
Amendment of the articles Founding capital of €1,500, 100 shares · General meeting of 05-09-2022 · Gazette deed
Registered office moved from Asse to Charleroi New registered office: rue D'Edimbourg, nummer 3, 6040 Charleroi (Jumet) · Previous registered office: Brusselsesteenweg, nummer 394, 1730 Asse · General meeting of 05-09-2022 · Gazette deed
All 13 events

Comparable companies

same main activity, similar in size and age
Company
DEP SERVICES Courcelles - - 10.2% 69.6
DEUFOL WAREMME OPERATIONS Waremme €7.6m 4.4% 61.4% 65.8
COGEPART BELGIQUE Wavre €10.7m 0.9% 0.1% 78.1
Wim Trans Sint-Katelijne-Waver - - 37.6% 46.3
MANOH Merchtem - - 13.8% 87.2
Logicall Installation Services Belgium Mechelen - - -2.6% 66.7
SOVEDO Logistics and Fuels Menen - - 8.6% 40.3

These companies have the same main activity as DEP SERVICES: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €1.6m and €5.3m, founded between 2016 and 2022.

Official details

Source: KBO
Status
Active since 15-01-2021Normal situation
Activity
Freight transport by roadNACE 49410and 1 other
Joint committee
140.03Road transport and logistics for third parties · annual accounts 2025
Establishment unit
2.313.223.4356030 Charleroi, since 15-01-2021
Financial year end
31 December
Peppol
Reachable since 20-06-2025
Company details

Annual accounts 2025

≈ €6.8mestimated
€3.0m▲ 48.8%
Employeeson 31-12-2025
105▲ 66.7%
Filing
Filed on 29-10-2026
Financials

Insights on DEP SERVICES

DEP SERVICES files the abbreviated format. That format states no turnover. The gross margin rose from €932,130 in 2022 to €3.6m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DEP SERVICES

What is the company number of DEP SERVICES?
The company number of DEP SERVICES is 0761.679.236. The VAT number is the same number with BE in front: BE 0761.679.236.
Where is DEP SERVICES based?
The registered office is at Rue Nestor Falise 44, 6180 Courcelles.Company details
What does DEP SERVICES do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of DEP SERVICES?
DEP SERVICES is a private limited company (BV).
When was DEP SERVICES founded?
DEP SERVICES was founded on 15-01-2021.
Is DEP SERVICES still active?
Yes, DEP SERVICES is an active enterprise in the KBO register.
How many employees does DEP SERVICES have?
DEP SERVICES had an average of 69.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DEP SERVICES fall under?
In its 2025 annual accounts, DEP SERVICES states joint committee 140.03 (Road transport and logistics for third parties).
What is the turnover of DEP SERVICES?
The turnover in financial year 2025 is ≈ €6.8m. This figure is estimated from the gross margin of €3.6m and 31 comparable companies (NACE 49410). It probably lies between €5.9m and €7.9m.
Is DEP SERVICES profitable?
In financial year 2025, DEP SERVICES made a profit of €566,705.
Where can I find the annual accounts of DEP SERVICES?
DEP SERVICES filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEP SERVICES due?
DEP SERVICES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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