Depoco
ActiveSummary
Depoco has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €474k and a net result of €49k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 394 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+4
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 50.0 against 84.38 in 2024; short-term debt: 1.8% and cash: 42.5% of total assets), and 1.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.1%
Return on assets
10.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
15 d early
2023
on the day
2022
4 d early
2021
136 d early
2020
9 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€474k▲ 11.5%
2024 · €425k
Total assets
€484k▲ 12.7%
2024 · €429k
Net result
€49k▲ 74.8%
2024 · €28k
Working capital
€418k▲ 42.6%
2024 · €293k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€207k▲ 125%€30k▼ 85.3%€12k▼ 60.8%€39k▲ 230%€67k▲ 71.5%
Net result€139k▲ 114%€18k▼ 86.8%€8k▼ 56.7%€28k▲ 252%€49k▲ 74.8%
Equity€503k▲ 38.2%€408k▼ 18.9%€397k▼ 2.6%€425k▲ 7.1%€474k▲ 11.5%
Total assets€537k▲ 26.9%€415k▼ 22.7%€404k▼ 2.6%€429k▲ 6.2%€484k▲ 12.7%
Debt€34k▼ 42.1%€8k▼ 77.9%€7k▼ 6.0%€4k▼ 43.9%€9k▲ 132%
Working capital€430k▲ 57.4%€353k▼ 17.9%€301k▼ 14.8%€293k▼ 2.6%€418k▲ 42.6%
Turnover and EBIT margin not published: the 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 71% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €484k
Fixed assets
€57k ▼ 57.0%
Current assets
€427k ▲ 43.8%
Equity and liabilities €484k
Equity
€474k ▲ 11.5%
Debt
€9k ▲ 132%
Debt's share of the balance-sheet total rises from 0.9% to 1.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€87k▲
2024 · €61k
Cash flow
€69k▲
2024 · €50k
Current ratio
50.00▼
2024 · 84.38
Debt to equity
0.02▲
2024 · 0.01
ROE
10.3%▲
2024 · 6.6%
ROA
10.1%▲
2024 · 6.5%
Interest coverage
1059.13▲
2024 · 754.78
Debt ≤ 1 year
€9k▲
2024 · €4k
Income taxes
€24k▲
2024 · €14k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €18k | €15k | €22k | €20k | ▼ 9.3% |
| Other operating charges640/8 | - | €2k | €2k | €6k | €32k | ▲ 392% |
| Gross operating margin9900 | €227k | €51k | €29k | €67k | €119k | ▲ 76.4% |
| Operating profit (loss)9901 | €207k | €30k | €12k | €39k | €67k | ▲ 71.5% |
| Financial income75/76B | - | €26 | - | €3k | €5k | ▲ 101% |
| Recurring financial income75 | - | €26 | - | €3k | €5k | ▲ 101% |
| Financial charges65/66B | - | €73 | €60 | €81 | €82 | ▲ 1.8% |
| Recurring financial charges65 | €14 | €73 | €60 | €81 | €82 | ▲ 1.8% |
| Profit (loss) for the period before taxes9903 | €207k | €30k | €12k | €42k | €73k | ▲ 73.5% |
| Income taxes67/77 | €67k | €12k | €4k | €14k | €24k | ▲ 70.7% |
| Profit (loss) for the period9904 | €139k | €18k | €8k | €28k | €49k | ▲ 74.8% |
| Profit (loss) for the period to be appropriated9905 | €139k | €18k | €8k | €28k | €49k | ▲ 74.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €537k | €415k | €404k | €429k | €484k | ▲ 12.7% |
| Fixed assets21/28 | €73k | €54k | €96k | €133k | €57k | ▼ 57.0% |
| Tangible fixed assets22/27 | €73k | €54k | €96k | €133k | €57k | ▼ 57.0% |
| Land and buildings22 | - | €40k | €35k | €30k | €25k | ▼ 17.7% |
| Furniture and vehicles24 | - | €14k | €61k | €103k | €32k | ▼ 68.5% |
| Current assets29/58 | €465k | €361k | €308k | €297k | €427k | ▲ 43.8% |
| Amounts receivable within one year40/41 | €91k | €50k | €16k | €24k | €49k | ▲ 108% |
| Trade receivables40 | - | €42k | €15k | €13k | €41k | ▲ 219% |
| Other amounts receivable41 | - | €8k | €2k | €11k | €9k | ▼ 21.6% |
| Current investments50/53 | - | - | - | €160k | €170k | ▲ 6.3% |
| Cash at bank and in hand54/58 | €373k | €310k | €291k | €109k | €206k | ▲ 87.9% |
| Deferred charges and accrued income490/1 | - | €771 | €809 | €4k | €2k | ▼ 53.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €537k | €415k | €404k | €429k | €484k | ▲ 12.7% |
| Equity10/15 | €503k | €408k | €397k | €425k | €474k | ▲ 11.5% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €461k | €366k | €355k | €384k | €433k | ▲ 12.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €364k | €353k | €384k | €433k | ▲ 12.8% |
| Profit (loss) carried forward14 | €29k | €29k | €29k | €29k | €29k | = |
| Amounts payable17/49 | €34k | €8k | €7k | €4k | €9k | ▲ 132% |
| Amounts payable within one year42/48 | €34k | €8k | €7k | €4k | €9k | ▲ 143% |
| Trade debts44 | €25k | €4k | €2k | €148 | €8k | ▲ 5,560% |
| Suppliers440/4 | - | €4k | €2k | €148 | €8k | ▲ 5,560% |
| Taxes, remuneration and social security45 | - | €3k | €6k | €3k | €150 | ▼ 95.6% |
| Taxes450/3 | - | €3k | €6k | €3k | €150 | ▼ 95.6% |
| Accrued charges and deferred income492/3 | - | - | - | €499 | €771 | ▲ 54.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €139k | €18k | €8k | €28k | €49k | ▲ 74.8% |
| + Depreciation and write-downs630 | €18k | €18k | €15k | €22k | €20k | ▼ 9.3% |
| Operating cash flow (approximation) | €157k | €37k | €23k | €50k | €69k | ▲ 38.3% |
| Investment in fixed assets (approximation) | - | €0 | €-57k | €-58k | €56k | ▲ 197% |
| Change in cash | - | €-63k | €-19k | €-182k | €96k | ▲ 153% |
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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
16-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €8k ▼56.7%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity quadruplescurrent ratio 47.43
Current ratio from 13.51 to 47.43; short-term debt falls from €34k to €8k.
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2019net €139k ▲114%
Operating result €207k, net result €139k, both a record.
31-03
Financial
Liquidity doublescurrent ratio 13.51
Current ratio from 5.61 to 13.51; short-term debt falls from €59k to €34k.
31-03
Financial
Equity above €500kEq €503k ▲38.2%
3 profitable years in a row build equity to €503k.
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 5.61
Current ratio from 1.80 to 5.61; short-term debt falls from €233k to €59k.
Show earlier events
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zedelgem · 1 establishment unit since 2009
Ground area
564 m²
Building footprint
248 m²
Volume, LiDAR
905 m³
Parcel 31001B1000/00M000, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Depoco
since 20092.176.987.133
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31001B1000/00M000 | Flanders | 564 m² | 1 · 248 m² | 10.3 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.
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Of 63 companies in sector 28295 we hold annual accounts for 55. 44 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
Founded11-03-2009
Fiscal year end31-03
Activities, NACEBEL 2025
28295Manufacture of machinery and equipment not elsewhere classified
Scores and ratios are computed by Checked and are not a credit decision.