DEPASI
ActiveSummary
The computed 12-month bankruptcy probability of DEPASI is 5.1% (elevated). The 2025 annual accounts show negative equity (-€13,466) and a net result of -€3,888. Equity is growing by ~15.7% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 5 accounts on average 25 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 5.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,970 | €1,514 | €1,058 | €0 | €242 | - |
| Other operating charges640/8 | €5,552 | €6,892 | €1,946 | €1,741 | €2,494 | ▲ 43.3% |
| Gross operating margin9900 | -€13,895 | €12,559 | €10,728 | €157 | -€778 | ▼ 596% |
| Operating profit (loss)9901 | -€21,416 | €4,153 | €7,724 | -€1,584 | -€3,514 | ▼ 122% |
| Financial charges65/66B | €501 | €88 | €69 | €45 | €130 | ▲ 187% |
| Recurring financial charges65 | €501 | €88 | €69 | €45 | €130 | ▲ 187% |
| Profit (loss) for the period before taxes9903 | -€21,917 | €4,065 | €7,655 | -€1,629 | -€3,643 | ▼ 124% |
| Income taxes67/77 | €153 | €170 | €159 | €215 | €245 | ▲ 13.9% |
| Profit (loss) for the period9904 | -€22,070 | €3,896 | €7,495 | -€1,844 | -€3,888 | ▼ 111% |
| Profit (loss) for the period to be appropriated9905 | -€22,070 | €3,896 | €7,495 | -€1,844 | -€3,888 | ▼ 111% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5,082 | €8,857 | €12,812 | €5,001 | €7,650 | ▲ 53.0% |
| Formation expenses20 | €2,062 | €838 | - | - | - | - |
| Fixed assets21/28 | €509 | €219 | - | - | €2,308 | - |
| Tangible fixed assets22/27 | €509 | €219 | - | - | €2,308 | - |
| Furniture and vehicles24 | €509 | €219 | - | - | €2,308 | - |
| Current assets29/58 | €2,510 | €7,799 | €12,812 | €5,001 | €5,342 | ▲ 6.8% |
| Amounts receivable within one year40/41 | - | €4,257 | €6,617 | €3,518 | €2,741 | ▼ 22.1% |
| Trade receivables40 | - | €4,257 | €6,617 | €3,518 | €2,741 | ▼ 22.1% |
| Cash at bank and in hand54/58 | €740 | €2,076 | €3,542 | €22 | €1,101 | ▲ 4,947% |
| Deferred charges and accrued income490/1 | €1,771 | €1,466 | €2,654 | €1,462 | €1,500 | ▲ 2.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5,082 | €8,857 | €12,812 | €5,001 | €7,650 | ▲ 53.0% |
| Equity10/15 | -€19,070 | -€15,174 | -€7,679 | -€9,523 | -€13,466 | ▼ 41.4% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€22,070 | -€18,174 | -€10,679 | -€12,523 | -€16,466 | ▼ 31.5% |
| Amounts payable17/49 | €24,152 | €24,031 | €20,491 | €14,525 | €21,116 | ▲ 45.4% |
| Amounts payable within one year42/48 | €24,152 | €24,031 | €20,491 | €14,525 | €21,116 | ▲ 45.4% |
| Trade debts44 | €8,110 | €1,859 | €4,459 | €1,964 | €321 | ▼ 83.7% |
| Suppliers440/4 | €8,110 | €1,859 | €4,459 | €1,964 | €321 | ▼ 83.7% |
| Taxes, remuneration and social security45 | €2,363 | €323 | €159 | €215 | €460 | ▲ 114% |
| Taxes450/3 | €918 | €323 | €159 | €215 | €460 | ▲ 114% |
| Remuneration and social security454/9 | €1,445 | - | - | - | - | - |
| Other amounts payable47/48 | €13,678 | €21,849 | €15,873 | €12,345 | €20,334 | ▲ 64.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,070 | €3,896 | €7,495 | -€1,844 | -€3,888 | ▼ 111% |
| + Depreciation and write-downs630 | €1,970 | €1,514 | €1,058 | €0 | €242 | - |
| Operating cash flow (approximation) | -€20,100 | €5,409 | €8,553 | -€1,844 | -€3,646 | ▼ 97.7% |
| Investment in fixed assets (approximation) | - | -€1,224 | - | - | - | - |
| Change in cash | - | €1,337 | €1,466 | -€3,520 | €1,079 | ▲ 131% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41027B1203/00A000 | Flanders | 662 m² | 1 · 133 m² | 3.7 m |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.