DEPO
ActiveSummary
DEPO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €326,201 and a net result of -€4,677. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▲+13
Solvency38▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.07 in 2024; short-term debt: 40.5% and cash: 1.8% of total assets), and 87.2% of the assets are financed with debt.
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Signals
Four 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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 dateAge against the risk zone
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4,677
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
61 d late
2023
57 d late
2022
242 d late
2021
193 d late
2020
25 d late
2019
89 d late
← 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 100 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€326,201▼ 1.4%
2024 · €330,878
Total assets
€2.5m▲ 3.9%
2024 · €2.4m
Net result
-€4,677▲ 87.3%
2024 · -€36,941
Working capital
-€948,201▼ 26.2%
2024 · -€751,493
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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-€11,295▲ 74.9%€11,813-€13,392€2,385€30,169▲ 1,165%
Net result-€16,876below the sector's middle half▲ 63.6%-€4,059within the sector's middle half▲ 75.9%-€52,250below the sector's middle half▼ 1,187%-€36,941below the sector's middle half▲ 29.3%-€4,677within the sector's middle half▲ 87.3%
Equity€424,128above the sector's middle half▼ 3.8%€420,069above the sector's middle half▼ 1.0%€367,819above the sector's middle half▼ 12.4%€330,878above the sector's middle half▼ 10.0%€326,201above the sector's middle half▼ 1.4%
Total assets€2.0mabove the sector's middle half▲ 31.9%€2.0mabove the sector's middle half▲ 1.0%€2.6mabove the sector's middle half▲ 27.4%€2.4mabove the sector's middle half▼ 4.5%€2.5mabove the sector's middle half▲ 3.9%
Debt€1.5m▲ 54.4%€1.5m▲ 2.7%€2.1m▲ 41.3%€2.0m▼ 3.0%€2.2m▲ 5.6%
Working capital-€305,954▼ 87.7%-€213,622▲ 30.2%-€713,052▼ 234%-€751,493▼ 5.4%-€948,201▼ 26.2%
Solvency21.3%within the sector's middle half▼ 7.9pp20.9%within the sector's middle half▼ 0.4pp14.3%within the sector's middle half▼ 6.5pp13.5%within the sector's middle half▼ 0.8pp12.8%within the sector's middle half▼ 0.7pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,165% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.5m
Fixed assets
€2.5m ▲ 2.8%
Current assets
€81,823 ▲ 49.8%
Equity and liabilities €2.5m
Equity
€326,201 ▼ 1.4%
Provisions
€54,722 ▼ 21.0%
Debt
€2.2m ▲ 5.6%
Debt's share of the balance-sheet total rises from 83.7% to 85.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€179,151▲
2024 · €145,877
Cash flow
€144,306▲
2024 · €106,552
Current ratio
0.08▲
2024 · 0.07
Debt to equity
6.63▲
2024 · 6.20
ROE
-1.4%▲
2024 · -11.2%
ROA
-0.2%▲
2024 · -1.5%
Interest coverage
5.40▲
2024 · 4.05
Debt ≤ 1 year
€1.0m▲
2024 · €806,098
Debt > 1 year
€1.1m▼
2024 · €1.2m
Income taxes
€16,206▼
2024 · €17,958
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,501 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
1.7%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,501 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €4,536 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €129,417 | €150,104 | €156,763 | €143,492 | €148,983 | ▲ 3.8% |
| Other operating charges640/8 | €5,773 | €10,309 | €9,189 | €9,815 | €13,706 | ▲ 39.7% |
| Non-recurring operating charges66A | - | - | - | €518 | - | - |
| Gross operating margin9900 | €123,895 | €172,226 | €152,559 | €156,209 | €192,858 | ▲ 23.5% |
| Operating profit (loss)9901 | -€11,295 | €11,813 | -€13,392 | €2,385 | €30,169 | ▲ 1,165% |
| Financial income75/76B | - | €42 | - | €160 | - | - |
| Recurring financial income75 | - | €42 | - | €160 | - | - |
| Financial charges65/66B | €20,094 | €24,990 | €41,215 | €36,040 | €33,152 | ▼ 8.0% |
| Recurring financial charges65 | €20,094 | €24,990 | €40,009 | €36,040 | €33,152 | ▼ 8.0% |
| Non-recurring financial charges66B | - | - | €1,206 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€31,389 | -€13,134 | -€54,608 | -€33,496 | -€2,984 | ▲ 91.1% |
| Transfer from deferred taxes780 | €14,513 | €14,513 | €14,513 | €14,513 | €14,513 | = |
| Income taxes67/77 | - | €5,437 | €12,155 | €17,958 | €16,206 | ▼ 9.8% |
| Profit (loss) for the period9904 | -€16,876 | -€4,059 | -€52,250 | -€36,941 | -€4,677 | ▲ 87.3% |
| Transfer from tax-exempt reserves789 | €35,626 | €35,626 | €35,626 | €35,626 | €35,626 | = |
| Profit (loss) for the period to be appropriated9905 | €18,750 | €31,567 | -€16,624 | -€1,314 | €30,949 | ▲ 2,455% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €2.0m | €2.6m | €2.4m | €2.5m | ▲ 3.9% |
| Fixed assets21/28 | €1.9m | €1.9m | €2.5m | €2.4m | €2.5m | ▲ 2.8% |
| Intangible fixed assets21 | €345,800 | - | - | - | - | - |
| Tangible fixed assets22/27 | €1.6m | €1.9m | €2.5m | €2.4m | €2.5m | ▲ 2.8% |
| Land and buildings22 | €1.3m | €1.6m | €2.2m | €2.2m | €2.2m | ▲ 4.0% |
| Plant, machinery and equipment23 | €185,222 | €219,596 | €234,408 | €200,365 | €185,444 | ▼ 7.4% |
| Furniture and vehicles24 | €52,844 | €13,019 | €59,837 | €41,264 | €38,200 | ▼ 7.4% |
| Financial fixed assets28 | €1,650 | €1,650 | - | - | - | - |
| Current assets29/58 | €77,015 | €139,265 | €26,172 | €54,605 | €81,823 | ▲ 49.8% |
| Amounts receivable within one year40/41 | €572 | - | €11,845 | €34,962 | €32,589 | ▼ 6.8% |
| Trade receivables40 | €572 | - | €11,596 | €30,712 | €18,910 | ▼ 38.4% |
| Other amounts receivable41 | - | - | €249 | €4,250 | €13,679 | ▲ 222% |
| Cash at bank and in hand54/58 | €76,443 | €139,265 | €12,902 | €16,454 | €46,148 | ▲ 180% |
| Deferred charges and accrued income490/1 | - | - | €1,424 | €3,190 | €3,086 | ▼ 3.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €2.0m | €2.6m | €2.4m | €2.5m | ▲ 3.9% |
| Equity10/15 | €424,128 | €420,069 | €367,819 | €330,878 | €326,201 | ▼ 1.4% |
| Contributions10/11 | €118,592 | €118,592 | €118,592 | €118,592 | €118,592 | = |
| Reserves13 | €305,997 | €270,370 | €234,744 | €212,286 | €207,609 | ▼ 2.2% |
| Non-distributable reserves130/1 | €10,448 | €10,448 | - | - | - | - |
| Reserves not available under the articles1311 | €10,448 | - | - | - | - | - |
| Other1319 | - | €10,448 | - | - | - | - |
| Tax-exempt reserves132 | €295,549 | €259,922 | €224,295 | €188,669 | €153,043 | ▼ 18.9% |
| Distributable reserves133 | - | - | €10,448 | €23,617 | €54,566 | ▲ 131% |
| Profit (loss) carried forward14 | -€461 | €31,106 | €14,483 | - | - | - |
| Provisions and deferred taxes16 | €112,772 | €98,259 | €83,747 | €69,234 | €54,722 | ▼ 21.0% |
| Provisions for liabilities and charges160/5 | €112,772 | - | - | - | - | - |
| Taxes161 | €112,772 | - | - | - | - | - |
| Deferred taxes168 | - | €98,259 | €83,747 | €69,234 | €54,722 | ▼ 21.0% |
| Amounts payable17/49 | €1.5m | €1.5m | €2.1m | €2.0m | €2.2m | ▲ 5.6% |
| Amounts payable after more than one year17 | €1.1m | €1.1m | €1.4m | €1.2m | €1.1m | ▼ 8.8% |
| Financial debts170/4 | €1.1m | €1.1m | €1.4m | €1.1m | €1.0m | ▼ 9.6% |
| Other amounts payable178/9 | - | - | €3,196 | €102,196 | €102,196 | = |
| Amounts payable within one year42/48 | €382,969 | €352,888 | €739,224 | €806,098 | €1.0m | ▲ 27.8% |
| Current portion of amounts payable after more than one year42 | €89,692 | €114,498 | €139,900 | €140,650 | €142,500 | ▲ 1.3% |
| Trade debts44 | €60,518 | €2,541 | €2,133 | €8,574 | €3,379 | ▼ 60.6% |
| Suppliers440/4 | €60,518 | €2,541 | €2,133 | €8,574 | €3,379 | ▼ 60.6% |
| Advances received on contracts in progress46 | - | €4,606 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €12,572 | €9,589 | €17,509 | €27,229 | ▲ 55.5% |
| Taxes450/3 | - | €12,572 | €9,589 | €17,509 | €25,403 | ▲ 45.1% |
| Remuneration and social security454/9 | - | - | - | - | €1,826 | - |
| Other amounts payable47/48 | €232,759 | €218,670 | €587,602 | €639,365 | €856,916 | ▲ 34.0% |
| Accrued charges and deferred income492/3 | - | €1,999 | €3,168 | €3,083 | €2,852 | ▼ 7.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,876 | -€4,059 | -€52,250 | -€36,941 | -€4,677 | ▲ 87.3% |
| + Depreciation and write-downs630 | €129,417 | €150,104 | €156,763 | €143,492 | €148,983 | ▲ 3.8% |
| Operating cash flow (approximation) | €112,541 | €146,045 | €104,513 | €106,552 | €144,306 | ▲ 35.4% |
| Investment in fixed assets (approximation) | - | -€108,726 | -€820,830 | €522 | -€216,700 | ▼ 41,600% |
| Change in cash | - | €62,822 | -€126,363 | €3,551 | €29,694 | ▲ 736% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 242 days late
2023
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 193 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 89 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
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, Brugge · 1 establishment unit since 1989
Ground area
90 m²
Building footprint
151 m²
Volume, LiDAR
1,664 m³
Parcel 31803C0863/00D000, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Katelijnestraat 5, 8000 Brugge
since 19892.045.367.734
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31803C0863/00D000 | Flanders | 90 m² | 1 · 151 m² | 15.0 m · 4 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
2025 · 1 entry · 228 EUR awarded · 228 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 228 EUR | 228 EUR |
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Of 12,042 companies in sector 68203 we hold annual accounts for 5,995. 4,421 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
Founded29-09-1989
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68110Buying and selling of own real estate
70200Business and other management consultancy
77110Renting and leasing of cars and light motor vehicles
77340Rental and leasing activities
82990Other business support services
Contact
E-mail
info@sukerbuyc.be
Phone
050/330887
E-invoicing
Reachable via Peppol
Peppol ID
0208:0438554222
Also
9925:BE0438554222
Registered
23-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.