DEPINCTUM
ActiveDEPINCTUM has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €-7k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 61% of 10331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24▼-45
Solvency72▼-11
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.07 against 3.06 in 2024; short-term debt: 41% and cash: 3.3% of total assets), but 52.7% 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 47
Relative position
BE, all sectors
reference
Sector 47
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.3%
Return on assets
-6.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
19 d late
2024
4 d late
2023
29 d early
2022
47 d early
2021
2 d early
2020
6 d late
2019
3 d early
← 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
2024 · €142
2018: €688
2019: €906
2020: €2k
2021: €16k
2022: €11k
2023: €2k
2024: €142
2018 → 2025
Working capital
€47k▼ 8.5%
2024 · €52k
2018: €18k
2019: €19k
2020: €21k
2021: €36k
2022: €49k
2023: €53k
2024: €52k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€56k▲ 25.4%€58k▲ 4.0%€58k▲ 0.2%€51k▼ 12.3%
Operating result€21k-€16k▼ 24.5%€3k▼ 78.4%€3k▼ 24.0%€-6k
Net result€16k-€11k▼ 29.7%€2k▼ 80.4%€142▼ 93.6%€-7k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets
€16k▼ 32.1%
Current assets
€91k▲ 19.1%
Equity and liabilities €107k
Equity
€51k▼ 12.3%
Debt
€57k▲ 33.3%
The debt ratio rises from 42.3% to 52.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2024 · €9k
Cash flow
€495▼
2024 · €7k
Solvency
47.3%▼
2024 · 57.7%
Current ratio
2.07▼
2024 · 3.06
Quick ratio
0.12▼
2024 · 0.40
Debt / equity
1.11▲
2024 · 0.73
ROE
-14.0%▼
2024 · 0.2%
ROA
-6.6%▼
2024 · 0.1%
Interest coverage
1.58▼
2024 · 9.31
Debt
€57k▲
2024 · €42k
Debt ≤ 1 year
€44k▲
2024 · €25k
Debt > 1 year
€12k▼
2024 · €17k
Income taxes
€134▼
2024 · €1k
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€100k€107k▲
Fixed assets21/28€24k€16k▼
Tangible fixed assets22/27€24k€16k▼
Furniture and vehicles24€21k€14k▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€77k€91k▲
Stocks and contracts in progress3€67k€86k▲
Stocks30/36€67k€86k▲
Amounts receivable within one year40/41€6k€2k▼
Trade receivables40€5k€2k▼
Other amounts receivable41€489€215▼
Cash at bank and in hand54/58€3k€3k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€100k€107k▲
Equity10/15€58k€51k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€38k€30k▼
Amounts payable17/49€42k€57k▲
Amounts payable after more than one year17€17k€12k▼
Financial debts170/4€17k€12k▼
Amounts payable within one year42/48€25k€44k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€286€400▲
Suppliers440/4€286€400▲
Advances received on contracts in progress46-€12k
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€19k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€144€63▼
Gross operating margin9900€12k€3k▼
Operating profit (loss)9901€3k€-6k▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€2k€-7k▼
Income taxes67/77€1k€134▼
Profit (loss) for the period9904€142€-7k▼
Profit (loss) for the period to be appropriated9905€142€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€30k▼
Profit (loss) brought forward from the previous period14P€37k€38k▲
The notes to these accounts (4 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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
2025
31-12
Financial
Weakest financial yearnet €-7k ▼5140%
Net result drops to €-7k, the lowest in the series.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €16k ▲641%
Operating result €21k, net result €16k, both a record.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2008
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.
Verviersstraat 91000 BrusselGround area
302 m²
Building footprint
115 m²
Volume, LiDAR
1,591 m³
Parcel 21805E0016/00H002, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
DEPINCTUM
since 20082.168.707.489
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0016/00H002 | Brussels | 302 m² | 1 · 115 m² | 17.8 m · 5 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.
Similar companies · same sector, comparable size
AX CAPITAL
BE 0776.582.691
Liège · Eq €51k
PATRIMONIALE AZUR
BE 0876.705.992
Chaudfontaine · Eq €50k
SANTA Magnetica
BE 0723.655.731
Blégny · Eq €50k
THOMAS DEPREZ FINE ARTS
BE 0691.670.376
Zonnebeke · Eq €52k
TESSITORE PIANO SERVICES
BE 1002.566.462
Ronse · Eq €52k
Of 1,289 companies in sector 47690 we hold annual accounts for 424. 313 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-01-2008
Fiscal year end31-12
Activities, NACEBEL
47690Retail sale of other cultural and recreation goods
47787Retail trade
90022Arts creation and performing arts activities
90392Design and construction of stages and sets
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0497/414245