DEPRACO
ActiveDEPRACO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-350k) and a net result of €145k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+1
Solvency5▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.49 against 0.54 in 2024; short-term debt: 35.7% and cash: 3.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
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
-19.6%
Return on assets
8.1%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 687 sector peers (2025).
NBB · sector comparisonPosition among 687 sector peers
Solvency
better than 15%
← weakest
strongest →
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 10-10-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
2 d early
2023
7 d early
2022
4 d late
2021
32 d early
2020
13 d late
2019
31 d early
← before the deadline
after the deadline →
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 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-350k▲ 29.3%
2024 · €-496k
2019: €85k
2020: €-95k
2021: €-520k
2022: €-722k
2023: €-640k
2024: €-496k
2019 → 2025
Total assets
€1.79M▼ 12.8%
2024 · €2.05M
2019: €3.11M
2020: €2.70M
2021: €2.35M
2022: €2.28M
2023: €2.14M
2024: €2.05M
2019 → 2025
Net result
€145k▲ 0.7%
2024 · €144k
2019: €-57k
2020: €-181k
2021: €-425k
2022: €-202k
2023: €82k
2024: €144k
2019 → 2025
Working capital
€-328k▲ 11.5%
2024 · €-370k
2019: €-812k
2020: €-692k
2021: €-652k
2022: €-518k
2023: €-353k
2024: €-370k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-520k-€-722k▼ 38.8%€-640k▲ 11.4%€-496k▲ 22.5%€-350k▲ 29.3%
Operating result€-373k-€-151k▲ 59.4%€135k€195k▲ 45.0%€181k▼ 7.0%
Net result€-425k-€-202k▲ 52.5%€82k€144k▲ 75.0%€145k▲ 0.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.79M
Fixed assets
€1.48M▼ 8.5%
Current assets
€311k▼ 28.9%
Key figures and ratios
EBITDA
€439k▼
2024 · €509k
Cash flow
€403k▼
2024 · €458k
Solvency
-19.6%▲
2024 · -24.2%
Current ratio
0.49▼
2024 · 0.54
Quick ratio
0.49▼
2024 · 0.54
Debt / equity
-6.10▼
2024 · -5.14
ROA
8.1%▲
2024 · 7.0%
Interest coverage
9.80▲
2024 · 9.22
Debt
€2.14M▼
2024 · €2.55M
Debt ≤ 1 year
€638k▼
2024 · €807k
Debt > 1 year
€1.50M▼
2024 · €1.74M
Income taxes
€257▲
2024 · €250
Staff costs
€252k▲
2024 · €239k
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€2.05M€1.79M▼
Fixed assets21/28€1.62M€1.48M▼
Tangible fixed assets22/27€1.62M€1.48M▼
Land and buildings22€1.42M€1.26M▼
Plant, machinery and equipment23€158k€199k▲
Furniture and vehicles24€33k€24k▼
Current assets29/58€437k€311k▼
Stocks and contracts in progress3€2k€954▼
Stocks30/36€2k€954▼
Amounts receivable within one year40/41€56k€28k▼
Trade receivables40€52k€25k▼
Other amounts receivable41€3k€3k▼
Current investments50/53€330k€205k▼
Cash at bank and in hand54/58€33k€63k▲
Deferred charges and accrued income490/1€16k€13k▼
Equity and liabilities
Total equity and liabilities10/49€2.05M€1.79M▼
Equity10/15€-496k€-350k▲
Contributions10/11€857k€857k=
Capital10€857k€857k=
Issued capital100€857k€857k=
Reserves13€28k€28k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€22k€22k=
Profit (loss) carried forward14€-1.38M€-1.24M▲
Amounts payable17/49€2.55M€2.14M▼
Amounts payable after more than one year17€1.74M€1.50M▼
Financial debts170/4€1.63M€1.44M▼
Trade debts175€105k€60k▼
Amounts payable within one year42/48€807k€638k▼
Current portion of amounts payable after more than one year42€246k€240k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€134k€72k▼
Suppliers440/4€134k€72k▼
Taxes, remuneration and social security45€30k€42k▲
Taxes450/3€6k€13k▲
Remuneration and social security454/9€24k€29k▲
Other amounts payable47/48€398k€285k▼
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€239k€252k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€314k€258k▼
Other operating charges640/8€20k€21k▲
Gross operating margin9900€769k€712k▼
Operating profit (loss)9901€195k€181k▼
Financial income75/76B€5k€9k▲
Recurring financial income75€5k€9k▲
Financial charges65/66B€55k€45k▼
Recurring financial charges65€55k€45k▼
Profit (loss) for the period before taxes9903€144k€145k▲
Income taxes67/77€250€257▲
Profit (loss) for the period9904€144k€145k▲
Profit (loss) for the period to be appropriated9905€144k€145k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.38M€-1.24M▲
Profit (loss) brought forward from the previous period14P€-1.52M€-1.38M▲
Social balance
Average headcount (FTE)90876.45.6▼
The notes to these accounts (19 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
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €145k ▲0.7%
Net result €145k, the highest in the series.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €82k
Net result €82k after 4 loss-making years.
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-425k
Net result drops to €-425k, the lowest in the series; recovery starts the following year.
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 13 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
11-10
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.
Directors · office · real estate
Directors
10 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, Ieper · 1 establishment unit since 1999
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.
Sint-Jacobsstraat 288900 IeperGround area
631 m²
Building footprint
466 m²
Volume, LiDAR
5,821 m³
Parcel 33011H0573/00W000, Flanders · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ALBION HOTEL
since 19992.092.777.968
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011H0573/00W000 | Flanders | 631 m² | 1 · 466 m² | 17.2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 16,641 EUR awarded · 16,641 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 240 EUR | 240 EUR |
| 2022 | 1 | 16,401 EUR | 16,401 EUR |
Schemes
Globalisatiemechanisme (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteIeper2.092.777.968
Legal Entity Identifier
984500A05B6F61DASQ60
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BIEKE1
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SPEEDGLASS
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HOTELBOS
BE 0455.711.344
Drogenbos · Eq €85k
LE GITE D'HADELIN
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Zuivel 9
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Of 2,395 companies in sector 55100 we hold annual accounts for 1,516. 1,021 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-10-1999
Fiscal year end31-03
Activities, NACEBEL
55100Hotels and similar accommodation
55101Hotels
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.