DEPANNELEC
ActiveSummary
The computed 12-month bankruptcy probability of DEPANNELEC is 1.7% (moderate). The 2025 annual accounts show equity of €144k and a net result of €66k. Equity is growing by ~126.3% per year across the filed fiscal years. Its solvency ranks better than 67% of 1309 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
84
/ 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
Profitability100=
Solvency86▲+2
Growth78=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 4.37 against 2.36 in 2024; short-term debt: 22.3% and cash: 44.4% of total assets), and 39.2% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
60.8%
Return on assets
28%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
on the day
2022
4 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€144k▲ 85.7%
2024 · €77k
2022: €14k
2023: €11k
2024: €77k
2022 → 2025
Total assets
€236k▲ 80.2%
2024 · €131k
2022: €26k
2023: €44k
2024: €131k
2022 → 2025
Net result
€66k▲ 0.3%
2024 · €66k
2022: €11k
2023: €-3k
2024: €66k
2022 → 2025
Working capital
€178k▲ 147%
2024 · €72k
2022: €6k
2023: €3k
2024: €72k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€14k-€11k▼ 19.6%€77k▲ 589%€144k▲ 85.7%
Operating result€14k-€-2k€89k€84k▼ 5.0%
Net result€11k-€-3k€66k€66k▲ 0.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236k
Fixed assets
€6k ▼ 2.3%
Current assets
€230k ▲ 84.2%
Equity and liabilities €236k
Equity
€144k ▲ 85.7%
Debt
€93k ▲ 72.4%
Debt's share of the balance-sheet total falls from 41.0% to 39.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€88k▼
2024 · €92k
Cash flow
€70k▲
2024 · €69k
Current ratio
4.37▲
2024 · 2.36
Debt to equity
0.65▼
2024 · 0.70
ROE
46.2%▼
2024 · 85.5%
ROA
28.0%▼
2024 · 50.4%
Interest coverage
63.98▲
2024 · 27.72
Debt ≤ 1 year
€53k▼
2024 · €53k
Income taxes
€20k▲
2024 · €19k
Staff costs
€62k▲
2024 · €43k
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€131k€236k▲
Fixed assets21/28€6k€6k▼
Tangible fixed assets22/27€6k€6k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€727€2k▲
Financial fixed assets28€257€257=
Current assets29/58€125k€230k▲
Amounts receivable within one year40/41€82k€126k▲
Trade receivables40€3k€8k▲
Other amounts receivable41€79k€117k▲
Cash at bank and in hand54/58€43k€105k▲
Deferred charges and accrued income490/1€317-
Equity and liabilities
Total equity and liabilities10/49€131k€236k▲
Equity10/15€77k€144k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€74k€141k▲
Amounts payable17/49€54k€93k▲
Amounts payable within one year42/48€53k€53k▼
Trade debts44€2k€268▼
Suppliers440/4€2k€268▼
Taxes, remuneration and social security45€51k€52k▲
Taxes450/3€33k€40k▲
Remuneration and social security454/9€18k€12k▼
Accrued charges and deferred income492/3€740€40k▲
Income statement
Code20242025
Remuneration, social security and pensions62€43k€62k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€232€4k▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€137k€154k▲
Operating profit (loss)9901€89k€84k▼
Financial income75/76B€2€4k▲
Recurring financial income75€2€4k▲
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€85k€87k▲
Income taxes67/77€19k€20k▲
Profit (loss) for the period9904€66k€66k▲
Profit (loss) for the period to be appropriated9905€66k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€141k▲
Profit (loss) brought forward from the previous period14P€8k€74k▲
The notes to these accounts (7 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2022net €66k ▲0.3%
Net result €66k, the highest in the series.
30-09
Financial
Equity above €100kEq €144k ▲85.7%
2 profitable years in a row build equity to €144k.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €66k
Net result €66k after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 2.36
Current ratio from 1.09 to 2.36.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-3k ▼125%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Grimbergen · 1 establishment unit since 2021
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.
Temselaan 1001853 GrimbergenGround area
11.6 ha
Building footprint
5,332 m²
Volume, LiDAR
62,597 m³
Parcel 23084B0061/00V000, Flanders · tallest building 19.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DEPANNELEC
since 20212.326.009.916
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084B0061/00V000 | Flanders | 11.6 ha | 1 · 5,332 m² | 19.5 m · 3 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
254900CE77MPG7WU1482
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Of 1,225 companies in sector 33200 we hold annual accounts for 676. 531 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
Founded02-11-2021
Fiscal year end30-09
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
43212Electrical installation work in industrial facilities
33140Repair and maintenance of electrical equipment
43240Other construction installation
43310Plastering work
43320Joinery installation
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:benja6197@gmail.com