Summary
Depea 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 €374,051 and a net result of -€9,149. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 38% of 8091 sector peers (fiscal year 2025). The company has been active since 1955 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
1 signal. The signal on the left, the evidence on the right.
○neutral
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
21 d early
2023
6 d early
2022
48 d early
2021
2 d early
2020
50 d early
2019
15 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 29 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#1 oldest company in Ardooie, Finance and insurance sector
Equity
€374,051▼ 2.4%
2024 · €383,200
Net result
-€9,149
2024 · €582
Total assets
€1.0m▲ 10.3%
2024 · €945,962
Solvency
35.9%▼ 4.6pp
2024 · 40.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,521▼ 79.6%€9,937▲ 553%€6,053▼ 39.1%€18,117▲ 199%€610▼ 96.6%
Net result-€632below the sector's middle half€4,418within the sector's middle half-€4,241below the sector's middle half€582below the sector's middle half-€9,149below the sector's middle half
Equity€382,441within the sector's middle half▼ 0.2%€386,859within the sector's middle half▲ 1.2%€382,617within the sector's middle half▼ 1.1%€383,200within the sector's middle half▲ 0.2%€374,051within the sector's middle half▼ 2.4%
Total assets€775,136within the sector's middle half▲ 9.0%€767,875within the sector's middle half▼ 0.9%€726,168within the sector's middle half▼ 5.4%€945,962above the sector's middle half▲ 30.3%€1.0mabove the sector's middle half▲ 10.3%
Debt€314,588▲ 28.9%€308,806▼ 1.8%€275,731▼ 10.7%€497,365▲ 80.4%€606,077▲ 21.9%
Working capital-€37,033below the sector's middle half-€55,966below the sector's middle half▼ 51.1%-€57,554below the sector's middle half▼ 2.8%-€232,188below the sector's middle half▼ 303%-€331,791below the sector's middle half▼ 42.9%
Solvency49.3%within the sector's middle half▼ 4.5pp50.4%within the sector's middle half▲ 1.0pp52.7%within the sector's middle half▲ 2.3pp40.5%within the sector's middle half▼ 12.2pp35.9%within the sector's middle half▼ 4.6pp
Current ratio0.68within the sector's middle half▼ 0.880.61below the sector's middle half▼ 0.070.60below the sector's middle half▼ 0.010.42below the sector's middle half▼ 0.180.39below the sector's middle half▼ 0.03
Return on assets (ROA)-0.1%below the sector's middle half▼ 1.3pp0.6%below the sector's middle half▲ 0.7pp-0.6%below the sector's middle half▼ 1.2pp0.1%below the sector's middle half▲ 0.6pp-0.9%below the sector's middle half▼ 0.9pp
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.
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 97% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€829,371 ▲ 6.7%
Current assets
€213,732 ▲ 26.5%
Equity and liabilities €1.0m
Equity
€374,051 ▼ 2.4%
Provisions
€62,976 ▼ 3.7%
Debt
€606,077 ▲ 21.9%
Debt's share of the balance-sheet total rises from 52.6% to 58.1%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-2.4%▼
2024 · 0.2%
Debt ≤ 1 year
€545,523▲
2024 · €401,167
Debt > 1 year
€60,553▼
2024 · €96,198
Income taxes
€9,400▼
2024 · €16,837
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €617 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,966 | €60,398 | €59,201 | €53,479 | €63,373 | ▲ 18.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€11,450 | €0 | - | - |
| Other operating charges640/8 | €4,020 | €10,110 | €15,373 | €7,190 | €6,534 | ▼ 9.1% |
| Gross operating margin9900 | €52,507 | €80,445 | €69,177 | €78,786 | €70,517 | ▼ 10.5% |
| Operating profit (loss)9901 | €1,521 | €9,937 | €6,053 | €18,117 | €610 | ▼ 96.6% |
| Financial income75/76B | €2,447 | €1,991 | €917 | €432 | €598 | ▲ 38.2% |
| Recurring financial income75 | €2,447 | €1,991 | €917 | €432 | €598 | ▲ 38.2% |
| Financial charges65/66B | €3,803 | €6,533 | €3,698 | €3,553 | €3,379 | ▼ 4.9% |
| Recurring financial charges65 | €3,803 | €6,533 | €3,698 | €3,553 | €3,379 | ▼ 4.9% |
| Profit (loss) for the period before taxes9903 | €165 | €5,395 | €3,272 | €14,997 | -€2,171 | ▼ 114% |
| Transfer from deferred taxes780 | €5,898 | €5,898 | €4,390 | €2,422 | €2,422 | = |
| Income taxes67/77 | €6,694 | €6,875 | €11,903 | €16,837 | €9,400 | ▼ 44.2% |
| Profit (loss) for the period9904 | -€632 | €4,418 | -€4,241 | €582 | -€9,149 | ▼ 1,671% |
| Transfer from tax-exempt reserves789 | €11,454 | €11,454 | €11,213 | €4,704 | €4,704 | = |
| Profit (loss) for the period to be appropriated9905 | €10,822 | €15,871 | €6,972 | €5,286 | -€4,445 | ▼ 184% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €775,136 | €767,875 | €726,168 | €945,962 | €1.0m | ▲ 10.3% |
| Fixed assets21/28 | €697,702 | €681,009 | €639,327 | €776,983 | €829,371 | ▲ 6.7% |
| Tangible fixed assets22/27 | €697,702 | €681,009 | €639,327 | €776,983 | €829,371 | ▲ 6.7% |
| Land and buildings22 | €592,582 | €601,101 | €585,240 | €738,057 | €798,717 | ▲ 8.2% |
| Plant, machinery and equipment23 | €2,786 | €4,993 | €3,025 | €1,452 | €2,921 | ▲ 101% |
| Furniture and vehicles24 | €52,891 | €37,090 | €21,288 | €9,404 | €0 | ▼ 100% |
| Other tangible fixed assets26 | €49,443 | €37,825 | €29,774 | €28,070 | €27,733 | ▼ 1.2% |
| Current assets29/58 | €77,434 | €86,866 | €86,841 | €168,979 | €213,732 | ▲ 26.5% |
| Amounts receivable after more than one year29 | €29,169 | €26,234 | €23,255 | €20,232 | €17,163 | ▼ 15.2% |
| Trade receivables290 | €29,169 | - | - | - | - | - |
| Other amounts receivable291 | - | €26,234 | €23,255 | €20,232 | €17,163 | ▼ 15.2% |
| Amounts receivable within one year40/41 | €17,679 | €32,190 | €47,425 | €16,337 | €22,447 | ▲ 37.4% |
| Trade receivables40 | €0 | €9,981 | €29,509 | €7,883 | €9,637 | ▲ 22.3% |
| Other amounts receivable41 | €17,679 | €22,209 | €17,916 | €8,455 | €12,810 | ▲ 51.5% |
| Cash at bank and in hand54/58 | €28,046 | €23,436 | €13,146 | €130,010 | €172,281 | ▲ 32.5% |
| Deferred charges and accrued income490/1 | €2,540 | €5,006 | €3,015 | €2,400 | €1,841 | ▼ 23.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €775,136 | €767,875 | €726,168 | €945,962 | €1.0m | ▲ 10.3% |
| Equity10/15 | €382,441 | €386,859 | €382,617 | €383,200 | €374,051 | ▼ 2.4% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €363,849 | €368,267 | €364,025 | €364,608 | €355,459 | ▼ 2.5% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €0 | - | - | - |
| Tax-exempt reserves132 | €247,644 | €236,191 | €224,978 | €220,274 | €215,570 | ▼ 2.1% |
| Distributable reserves133 | €114,345 | €130,216 | €139,047 | €144,334 | €139,889 | ▼ 3.1% |
| Provisions and deferred taxes16 | €78,108 | €72,210 | €67,820 | €65,398 | €62,976 | ▼ 3.7% |
| Deferred taxes168 | €78,108 | €72,210 | €67,820 | €65,398 | €62,976 | ▼ 3.7% |
| Amounts payable17/49 | €314,588 | €308,806 | €275,731 | €497,365 | €606,077 | ▲ 21.9% |
| Amounts payable after more than one year17 | €200,121 | €165,974 | €131,336 | €96,198 | €60,553 | ▼ 37.1% |
| Financial debts170/4 | €200,121 | €165,974 | €131,336 | €96,198 | €60,553 | ▼ 37.1% |
| Amounts payable within one year42/48 | €114,467 | €142,832 | €144,395 | €401,167 | €545,523 | ▲ 36.0% |
| Current portion of amounts payable after more than one year42 | €33,661 | €34,146 | €34,639 | €35,138 | €35,644 | ▲ 1.4% |
| Financial debts43 | €5 | €140 | €80 | €1,083 | €121 | ▼ 88.8% |
| Credit institutions430/8 | €5 | €140 | €80 | €1,083 | €121 | ▼ 88.8% |
| Trade debts44 | €24,453 | €8,979 | €5,596 | €6,494 | €19,953 | ▲ 207% |
| Suppliers440/4 | €24,453 | €8,979 | €5,596 | €6,494 | €19,953 | ▲ 207% |
| Advances received on contracts in progress46 | €33,670 | €27,987 | €27,620 | €50,786 | €33,529 | ▼ 34.0% |
| Taxes, remuneration and social security45 | €3,287 | €0 | €5,820 | €2,138 | €959 | ▼ 55.1% |
| Taxes450/3 | €3,287 | €0 | €5,820 | €2,138 | €959 | ▼ 55.1% |
| Other amounts payable47/48 | €19,391 | €71,579 | €70,641 | €305,528 | €455,316 | ▲ 49.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€632 | €4,418 | -€4,241 | €582 | -€9,149 | ▼ 1,671% |
| + Depreciation and write-downs630 | €46,966 | €60,398 | €59,201 | €53,479 | €63,373 | ▲ 18.5% |
| Operating cash flow (approximation) | €46,334 | €64,816 | €54,960 | €54,061 | €54,224 | ▲ 0.3% |
| Investment in fixed assets (approximation) | - | -€43,704 | -€17,520 | -€191,135 | -€115,761 | ▲ 39.4% |
| Change in cash | - | -€4,610 | -€10,290 | €116,864 | €42,271 | ▼ 63.8% |
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
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €582
Net result €582 after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €4,418
Net result €4,418 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €8,806
Net result €8,806 after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€15,587
Net result drops to -€15,587, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Ardooie · 1 establishment unit since 1955
Ground area
333 m²
Building footprint
330 m²
Volume, LiDAR
1,436 m³
Parcel 36001A0957/02F000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DEPEA
since 19552.004.917.546
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001A0957/02F000 | Flanders | 333 m² | 1 · 330 m² | 7.6 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 700 EUR awarded · 700 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 310 EUR | 310 EUR |
| 2024 | 1 | 130 EUR | 130 EUR |
| 2023 | 1 | 130 EUR | 130 EUR |
| 2022 | 1 | 130 EUR | 130 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
967600MWB9WVL8A5PJ32
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 13,772 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-08-1955
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
81100Combined facilities support activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0405556010
Also
9925:BE0405556010
Registered
19-08-2024
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.