DEPANN'KAIN
ActiveDEPANN'KAIN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173k and a net result of €7k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 719 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 6.87 against 5.12 in 2024; short-term debt: 13.8% and cash: 7.2% of total assets), and 17.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 52
Relative position
BE, all sectors
reference
Sector 52
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
82.8%
Return on assets
3.2%
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
18 d late
2023
12 d early
2022
3 d late
2021
12 d early
2020
32 d early
2019
4 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7k▲ 140%
2024 · €3k
2018: €7k
2019: €12k
2020: €6k
2021: €40k
2022: €38k
2023: €16k
2024: €3k
2018 → 2025
Working capital
€169k▲ 4.2%
2024 · €162k
2018: €50k
2019: €63k
2020: €70k
2021: €110k
2022: €143k
2023: €159k
2024: €162k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€110k-€148k▲ 34.2%€163k▲ 10.6%€166k▲ 1.7%€173k▲ 4.0%
Operating result€64k-€49k▼ 22.8%€23k▼ 53.2%€5k▼ 76.9%€10k▲ 88.7%
Net result€40k-€38k▼ 6.1%€16k▼ 58.2%€3k▼ 82.3%€7k▲ 140%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 89% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €209k
Fixed assets
€11k▼ 34.4%
Current assets
€197k▼ 1.9%
Equity and liabilities €209k
Equity
€173k▲ 4.0%
Debt
€36k▼ 31.4%
The debt ratio falls from 23.9% to 17.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2024 · €11k
Cash flow
€13k▲
2024 · €9k
Solvency
82.8%▲
2024 · 76.1%
Current ratio
6.87▲
2024 · 5.12
Quick ratio
6.87▲
2024 · 5.12
Debt / equity
0.21▼
2024 · 0.31
ROE
3.9%▲
2024 · 1.7%
ROA
3.2%▲
2024 · 1.3%
Interest coverage
13.79▲
2024 · 7.94
Debt
€36k▼
2024 · €52k
Debt ≤ 1 year
€29k▼
2024 · €39k
Debt > 1 year
€7k▼
2024 · €13k
Income taxes
€2k▲
2024 · €1k
Staff costs
€15k▲
2024 · €14k
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€218k€209k▼
Fixed assets21/28€17k€11k▼
Tangible fixed assets22/27€17k€11k▼
Leasing and similar rights25€17k€11k▼
Financial fixed assets28€125€125=
Current assets29/58€201k€197k▼
Amounts receivable within one year40/41€180k€182k▲
Trade receivables40€69k€65k▼
Other amounts receivable41€111k€117k▲
Cash at bank and in hand54/58€21k€15k▼
Equity and liabilities
Total equity and liabilities10/49€218k€209k▼
Equity10/15€166k€173k▲
Contributions10/11€6k€6k=
Reserves13€160k€167k▲
Distributable reserves133€160k€167k▲
Amounts payable17/49€52k€36k▼
Amounts payable after more than one year17€13k€7k▼
Financial debts170/4€13k€7k▼
Amounts payable within one year42/48€39k€29k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€27k€17k▼
Suppliers440/4€27k€17k▼
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€3k€3k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€0-
Income statement
Code20242025
Remuneration, social security and pensions62€14k€15k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€437€400▼
Gross operating margin9900€25k€32k▲
Operating profit (loss)9901€5k€10k▲
Financial income75/76B€62€274▲
Recurring financial income75€62€274▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€4k€9k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€3k€7k▲
Profit (loss) for the period to be appropriated9905€3k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€7k▲
Transfer to equity691/2€3k€7k▲
To other reserves6921€3k€7k▲
Social balance
Average headcount (FTE)90870.40.4=
The notes to these accounts (16 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 18 days late
2024
31-12
Financial
Weakest financial yearnet €3k ▼82.3%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €150kEq €163k ▲10.6%
6 profitable years in a row build equity to €163k.
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 3 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €40k ▲620%
Operating result €64k, net result €40k, both a record.
31-12
Financial
Equity above €100kEq €110k ▲57.3%
4 profitable years in a row build equity to €110k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 4 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 19 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Tournai · 1 establishment unit since 2002
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.
Rue Abbé Dropsy(K) 217540 TournaiGround area
1,349 m²
Building footprint
174 m²
Parcel 57042C0585/00A002, Wallonia. Linked by address, not a title deed.
1 establishment unit
DEPANN'KAIN SPRL
since 20022.115.199.816
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57042C0585/00A002indicative | Wallonia | 1,349 m² | 1 · 174 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SURFLEX SHIPPING
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LATEMSE FRUITBOETIEK
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AGFresh
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NUTS ABOUT NUTS
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Of 1,725 companies in sector 52210 we hold annual accounts for 771. 565 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-2002
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
52210Service activities incidental to land transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 23 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.