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DEPKO

Active
Public limited companyfounded 198541 yrs activeEmile Beauduinstraat 16, 3890 Gingelom, BelgiumKBO/BCE: BE 0427.704.870
Summary

DEPKO has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€26,823. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 3241 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability16▲+6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 12.36 against 23.45 in 2024; short-term debt: 2.5% and cash: 0.4% of total assets), and 24.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 41 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
75.9%
Return on assets
-1.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€26,823
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 d early
2024
20 d early
2023
5 d early
2022
13 d early
2021
18 d early
2020
36 d early
2019
22 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 19 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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. Usually files around 15 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DEPKO was incorporated on 11 September 1985.1 Total assets went from EUR 1.3 million in 2018 to EUR 1.4 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€26,823▲ 63.6%
2024 · -€73,690
Working capital
€386,851▼ 51.2%
2024 · €792,246
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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€1,352▼ 76.1%€60,335▲ 4,363%-€35,273-€46,051▼ 30.6%-€32,876▲ 28.6%
Net result-€13,377below the sector's middle half▼ 37.2%€25,521within the sector's middle half€277,097above the sector's middle half▲ 986%-€73,690below the sector's middle half-€26,823below the sector's middle half▲ 63.6%
Equity€851,899within the sector's middle half▼ 1.5%€877,419within the sector's middle half▲ 3.0%€1.2mwithin the sector's middle half▲ 31.6%€1.1mwithin the sector's middle half▼ 6.4%€1.1mwithin the sector's middle half▼ 2.5%
Total assets€1.3mwithin the sector's middle half▼ 0.5%€999,765within the sector's middle half▼ 21.3%€1.2mwithin the sector's middle half▲ 21.6%€1.1mwithin the sector's middle half▼ 8.2%€1.4mwithin the sector's middle half▲ 24.4%
Debt€389,217▲ 2.5%€122,346▼ 68.6%€61,076▼ 50.1%€35,290▼ 42.2%€334,068▲ 847%
Working capital-€371,025below the sector's middle half▼ 4.1%-€108,654below the sector's middle half▲ 70.7%€271,612within the sector's middle half€792,246above the sector's middle half▲ 192%€386,851within the sector's middle half▼ 51.2%
Solvency67.0%within the sector's middle half▼ 0.7pp87.8%above the sector's middle half▲ 20.7pp95.0%above the sector's middle half▲ 7.2pp96.8%above the sector's middle half▲ 1.9pp75.9%within the sector's middle half▼ 20.9pp
Current ratio0.02below the sector's middle half▼ 0.010.08below the sector's middle half▲ 0.065.52above the sector's middle half▲ 5.4323.45above the sector's middle half▲ 17.9312.36above the sector's middle half▼ 11.09
Return on assets (ROA)-1.1%below the sector's middle half▼ 0.3pp2.6%within the sector's middle half▲ 3.6pp22.8%above the sector's middle half▲ 20.2pp-6.6%below the sector's middle half▼ 29.4pp-1.9%below the sector's middle half▲ 4.7pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2021: €1,352€1,352Net result 2021: -€13,377-€13,377Operating result 2022: €60,335€60,335Net result 2022: €25,521€25,521Operating result 2023: -€35,273-€35,273Net result 2023: €277,097€277,097Operating result 2024: -€46,051-€46,051Net result 2024: -€73,690-€73,690Operating result 2025: -€32,876-€32,876Net result 2025: -€26,823-€26,82320212022202320242025-€100,000€0€100,000€200,000€300,000Operating result 2023: -€35,273-€35,300Net result 2023: €277,097€277,000Operating result 2024: -€46,051-€46,100Net result 2024: -€73,690-€73,700Operating result 2025: -€32,876-€32,900Net result 2025: -€26,823-€26,800202320242025
The operating result stays negative: a loss of €32,876 in 2025 against €46,051 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets €967,153 ▲ 235%
Current assets €420,920 ▼ 49.1%
Equity and liabilities €1.4m
Equity €1.1m ▼ 2.5%
Debt €334,068 ▲ 847%
Debt's share of the balance-sheet total rises from 3.2% to 24.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€20,297▲
2024 · -€38,216
Cash flow
-€14,243▲
2024 · -€65,855
Debt to equity
0.32▲
2024 · 0.03
ROE
-2.5%▲
2024 · -6.8%
Interest coverage
-2.75▲
2024 · -626.49
Debt ≤ 1 year
€34,068▼
2024 · €35,290
Debt > 1 year
€300,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 8,611 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.4m▲
Fixed assets21/28€288,581€967,153▲
Tangible fixed assets22/27€288,531€967,103▲
Land and buildings22-€686,407
Furniture and vehicles24€1,174€774▼
Other tangible fixed assets26€287,357€279,922▼
Financial fixed assets28€50€50=
Current assets29/58€827,536€420,920▼
Amounts receivable within one year40/41€124,387€102,951▼
Other amounts receivable41€124,387€102,951▼
Current investments50/53-€309,730
Cash at bank and in hand54/58€702,853€6,239▼
Deferred charges and accrued income490/1€296€2,000▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.4m▲
Equity10/15€1.1m€1.1m▼
Contributions10/11€74,368€74,368=
Capital10€74,368€74,368=
Issued capital100€74,368€74,368=
Reserves13€1.0m€979,636▼
Non-distributable reserves130/1€7,437€7,437=
Legal reserve130€7,437€7,437=
Tax-exempt reserves132€87,804€87,804=
Distributable reserves133€911,218€884,395▼
Amounts payable17/49€35,290€334,068▲
Amounts payable after more than one year17-€300,000
Financial debts170/4-€300,000
Amounts payable within one year42/48€35,290€34,068▼
Trade debts44€5,929€5,539▼
Suppliers440/4€5,929€5,539▼
Taxes, remuneration and social security45€29,360€839▼
Taxes450/3€29,360€839▼
Other amounts payable47/48-€27,690
Income statement Code20242025
Non-recurring operating income76A€22,000-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,835€12,580▲
Other operating charges640/8€2,273€2,076▼
Gross operating margin9900-€35,943-€18,221▲
Operating profit (loss)9901-€46,051-€32,876▲
Financial income75/76B€9,227€13,425▲
Recurring financial income75€9,227€13,425▲
Financial charges65/66B€36,629€7,371▼
Recurring financial charges65€61€7,371▲
Non-recurring financial charges66B€36,568-
Profit (loss) for the period before taxes9903-€73,453-€26,823▲
Income taxes67/77€237-
Profit (loss) for the period9904-€73,690-€26,823▲
Profit (loss) for the period to be appropriated9905-€73,690-€26,823▲
Appropriation of the result
Profit (loss) to be appropriated9906-€73,690-€26,823▲
Transfer from equity791/2€73,690€26,823▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€26,184€73,245-€22,000--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,206€708€8,028€7,835€12,580▲ 60.6%
Other operating charges640/8€7,981€6,375€4,919€2,273€2,076▼ 8.7%
Gross operating margin9900€36,539€67,418-€22,326-€35,943-€18,221▲ 49.3%
Operating profit (loss)9901€1,352€60,335-€35,273-€46,051-€32,876▲ 28.6%
Financial income75/76B--€342,549€9,227€13,425▲ 45.5%
Recurring financial income75--€342,549€9,227€13,425▲ 45.5%
Financial charges65/66B€14,506€5,827€1,434€36,629€7,371▼ 79.9%
Recurring financial charges65€14,506€5,827€1,434€61€7,371▲ 11,984%
Non-recurring financial charges66B---€36,568--
Profit (loss) for the period before taxes9903-€13,154€54,508€305,842-€73,453-€26,823▲ 63.5%
Transfer from deferred taxes780€2,300€29,899----
Income taxes67/77€2,523€58,886€28,744€237--
Profit (loss) for the period9904-€13,377€25,521€277,097-€73,690-€26,823▲ 63.6%
Transfer from tax-exempt reserves789€6,900€89,697----
Profit (loss) for the period to be appropriated9905-€6,477€115,218€277,097-€73,690-€26,823▲ 63.6%
Line20212022202320242025Change
Assets
Total assets20/58€1.3m€999,765€1.2m€1.1m€1.4m▲ 24.4%
Fixed assets21/28€1.3m€990,100€883,835€288,581€967,153▲ 235%
Tangible fixed assets22/27€577,140€304,393€296,366€288,531€967,103▲ 235%
Land and buildings22----€686,407-
Furniture and vehicles24€385€2,166€1,574€1,174€774▼ 34.1%
Other tangible fixed assets26€576,755€302,227€294,792€287,357€279,922▼ 2.6%
Financial fixed assets28€685,707€685,707€587,469€50€50=
Current assets29/58€8,168€9,665€331,758€827,536€420,920▼ 49.1%
Amounts receivable within one year40/41€1,227€1,534€314,505€124,387€102,951▼ 17.2%
Other amounts receivable41€1,227€1,534€314,505€124,387€102,951▼ 17.2%
Current investments50/53----€309,730-
Cash at bank and in hand54/58€4,598€6,672€15,671€702,853€6,239▼ 99.1%
Deferred charges and accrued income490/1€2,344€1,459€1,582€296€2,000▲ 576%
Equity and liabilities
Total equity and liabilities10/49€1.3m€999,765€1.2m€1.1m€1.4m▲ 24.4%
Equity10/15€851,899€877,419€1.2m€1.1m€1.1m▼ 2.5%
Contributions10/11€74,368€74,368€74,368€74,368€74,368=
Capital10€74,368€74,368€74,368€74,368€74,368=
Issued capital100€74,368€74,368€74,368€74,368€74,368=
Reserves13€777,530€803,051€1.1m€1.0m€979,636▼ 2.7%
Non-distributable reserves130/1€7,437€7,437€7,437€7,437€7,437=
Legal reserve130€7,437€7,437€7,437€7,437€7,437=
Tax-exempt reserves132€177,501€87,804€87,804€87,804€87,804=
Distributable reserves133€592,593€707,811€984,908€911,218€884,395▼ 2.9%
Provisions and deferred taxes16€29,899-----
Deferred taxes168€29,899-----
Amounts payable17/49€389,217€122,346€61,076€35,290€334,068▲ 847%
Amounts payable after more than one year17----€300,000-
Financial debts170/4----€300,000-
Amounts payable within one year42/48€379,193€118,318€60,146€35,290€34,068▼ 3.5%
Trade debts44€4,766€152€4,489€5,929€5,539▼ 6.6%
Suppliers440/4€4,766€152€4,489€5,929€5,539▼ 6.6%
Taxes, remuneration and social security45€12,049€48,738€32,361€29,360€839▼ 97.1%
Taxes450/3€12,049€48,738€32,361€29,360€839▼ 97.1%
Other amounts payable47/48€362,379€69,428€23,296-€27,690-
Accrued charges and deferred income492/3€10,024€4,027€930---
Line20212022202320242025Change
Profit (loss) for the period9904-€13,377€25,521€277,097-€73,690-€26,823▲ 63.6%
+ Depreciation and write-downs630€27,206€708€8,028€7,835€12,580▲ 60.6%
Operating cash flow (approximation)€13,829€26,229€285,125-€65,855-€14,243▲ 78.4%
Investment in fixed assets (approximation)-€272,039€98,238€587,419-€691,152▼ 218%
Change in cash-€2,074€8,999€687,182-€696,614▼ 201%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
State Gazette act Reappointments: NV NIRWANA, Vanessa DEPRÉ and Betty HENDRICKX
5 facts ▸
  • General meeting, 15-06-2026
  • Board meeting, 15-06-2026
  • Director reappointment, NV NIRWANA (bestuurder, gedelegeerd bestuurder en voorzitter van de raad van bestuur)
  • Director reappointment, Vanessa DEPRÉ (director)
  • Director reappointment, Betty HENDRICKX (director)
15-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet -€73,690
Net result drops to -€73,690, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity quadruplescurrent ratio 23.45
Current ratio from 5.52 to 23.45; short-term debt falls from €60,146 to €35,290.
26-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €277,097 ▲986%
Net result €277,097, the highest in the series.
31-12
Financial Liquidity times 68current ratio 5.52
Current ratio from 0.08 to 5.52; short-term debt falls from €118,318 to €60,146.
31-12
Financial Equity above €1mEq €1.2m ▲31.6%
2 profitable years in a row build equity to €1.2m.
18-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €25,521
Net result €25,521 after 4 loss-making years.
13-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
Show earlier events
2021
25-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts

Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
under verification, last change in 2026
This board is reconstructed from a single act (26109679). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 3

Betty HENDRICKX
Director · since 15-06-2026
Current
NIRWANA
Bestuurder, gedelegeerd bestuurder en voorzitter van de raad van bestuur · since 15-06-2026 · Public limited company · perm. rep.: Francis DEPRÉ
Current
Vanessa DEPRÉ
Director · since 15-06-2026
Current

Day-to-day management 1

NIRWANA
Bestuurder, gedelegeerd bestuurder en voorzitter van de raad van bestuur · since 15-06-2026 · Public limited company · perm. rep.: Francis DEPRÉ
Current

Permanent representatives 1

Francis DEPRÉ
Permanent representative · since 15-06-2026 · for NIRWANA
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gingelom · 1 establishment unit since 1985
seat establishment The establishment unit on the map
Ground area
1,522 m²
Building footprint
530 m²
Volume, LiDAR
3,907 m³
Parcel 71026D0279/00C002, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Emile Beauduinstraat 16, 3890 Gingelom
Financial service activities, except insurance and pension funding
since 19852.027.755.504
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71026D0279/00C002 Flanders 1,522 m² 1 · 530 m² 12.5 m · 3 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.

Mandate history

3 people since 2026, 3 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Betty HENDRICKX
  • Director, already before 15-06-2026 to date
NIRWANA
  • Bestuurder, gedelegeerd bestuurder en voorzitter van de raad van bestuur, already before 15-06-2026 to date
  • Bestuurder, gedelegeerd bestuurder en voorzitter van de raad van bestuur, already before 15-06-2026 to date
Vanessa DEPRÉ
  • Director, already before 15-06-2026 to date
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2023 list no shareholders, and no other source names one.

Holdings 1

According to the 2023 annual accounts of DEPKO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Similar companies · same sector, comparable size

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 27,301 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded11-09-1985
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0427704870
Also 9925:BE0427704870
Registered 09-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.