DEPOL CARS
ActiveSummary
DEPOL CARS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €24k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 240 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability58▼-42
Solvency91▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.95 against 2.58 in 2023; short-term debt: 33.6% and cash: 0.7% of total assets), and 33.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
66.4%
Return on assets
8.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
40 d early
2022
32 d early
2021
40 d early
2020
25 d early
2019
49 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3k▼ 89.1%
2023 · €27k
2018: €-5k
2019: €-7k
2020: €-2k
2021: €5k
2022: €3k
2023: €27k
2018 → 2024
Working capital
€24k▲ 14.4%
2023 · €21k
2018: €-6k
2019: €-13k
2020: €-14k
2021: €-9k
2022: €-7k
2023: €21k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-14k-€-9k▲ 35.7%€-6k▲ 30.0%€21k€24k▲ 14.1%
Operating result€-4k-€5k€3k▼ 40.0%€28k▲ 835%€4k▼ 85.7%
Net result€-2k-€5k€3k▼ 46.0%€27k▲ 915%€3k▼ 89.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 86% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €36k
Fixed assets
€363 =
Current assets
€36k ▲ 6.0%
Equity and liabilities €36k
Equity
€24k ▲ 14.1%
Debt
€12k ▼ 7.2%
Debt's share of the balance-sheet total falls from 38.3% to 33.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.95▲
2023 · 2.58
Debt to equity
0.51▼
2023 · 0.62
ROE
12.4%▼
2023 · 129.8%
ROA
8.2%▼
2023 · 80.0%
Debt ≤ 1 year
€12k▼
2023 · €13k
Income taxes
€1k▲
2023 · €780
Staff costs
€443▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 30 lines
Balance sheet
Code20232024
Assets
Total assets20/58€34k€36k▲
Fixed assets21/28€363€363=
Financial fixed assets28€363€363=
Current assets29/58€34k€36k▲
Amounts receivable within one year40/41€34k€35k▲
Trade receivables40€17k€24k▲
Other amounts receivable41€17k€12k▼
Cash at bank and in hand54/58€37€255▲
Equity and liabilities
Total equity and liabilities10/49€34k€36k▲
Equity10/15€21k€24k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€2k€5k▲
Amounts payable17/49€13k€12k▼
Amounts payable within one year42/48€13k€12k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€11k€9k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€8k€7k▼
Income statement
Code20232024
Remuneration, social security and pensions62€1k€443▼
Gross operating margin9900€29k€4k▼
Operating profit (loss)9901€28k€4k▼
Financial charges65/66B€42€46▲
Recurring financial charges65€42€46▲
Profit (loss) for the period before taxes9903€28k€4k▼
Income taxes67/77€780€1k▲
Profit (loss) for the period9904€27k€3k▼
Profit (loss) for the period to be appropriated9905€27k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€5k▲
Profit (loss) brought forward from the previous period14P€-25k€2k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €27k ▲915%
Operating result €28k, net result €27k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.58
Current ratio from 0.75 to 2.58; short-term debt falls from €27k to €13k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brussel · 1 establishment unit since 2014
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.
Rupelstraat 11000 BrusselGround area
3.0 ha
Building footprint
4,226 m²
Volume, LiDAR
16,034 m³
Parcel 21813F0588/00Y000, Brussels · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DEPOL CARS
since 20142.270.287.671
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813F0588/00Y000 | Brussels | 3.0 ha | 1 · 4,226 m² | 5.1 m · 1 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
STAELENS RECYC POPERINGE
BE 0699.866.975
Vleteren · Eq €23,041
Metal Mix
BE 0534.946.189
Mol · Eq €25,312
ARIF A TOUT FAIRE
BE 0781.868.597
La Louvière · Eq €25,599
TEX-DEM
BE 0401.089.456
Roeselare · Eq €26,473
RDL TONGEREN
BE 0716.905.521
Oudsbergen · Eq €21,534
Of 977 companies in sector 38210 we hold annual accounts for 585. 171 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-2014
Fiscal year end31-12
Activities, NACEBEL 2025
38210Materials recovery from waste
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.