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DEPRACO

Active
Public limited companyfounded 1999active for 27 yearsSint-Jacobsstraat 28, 8900 Ieper, BelgiumKBO/BCE: BE 0467.002.738
Summary

DEPRACO has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€127,320) and a net result of €223,127. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 23% of 84 sector peers (NACE 55, financial year 2026). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

Source: KBO
Status
Active since 06-10-1999 Normal situation
Activity
Hotels and similar accommodation NACE 55100and 1 other
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 31-03-2026
Establishment unit
2.092.777.968 8900 Ieper, since 09-11-1999
Financial year end
31 March
Peppol
Reachable since 28-11-2025

Board and ownership

Board

Financial position

56 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts to 31-03-2026
Gross margin
€763,116
▲ 7.2%
Turnover
≈ €1.5m
estimated
Profit
€223,127
▲ 53.8%
Equity
-€127,320
▲ 63.7%
Total assets
€1.8m
▲ 2.1%
Employees on 31-03-2026
7
=
  • Negative equity on 31-03-2026
Score breakdownraises riskCapped at 59: negative equityNegative equity -€127,320lowers riskProfit of €223,127 (financial year 2026)Founded in 1999Legal form: public limited companyShow the evidence

Checked score

Score 2026
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 59% of micro companies in accommodation (NACE 55)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2025
Average
Solvency 18+13
equity -7.0% of total assets
Liquidity 42+4
short-term debt 37.4% · cash 7.0%
Profitability 84+5
return on assets 12.2%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (2,521 companies, NACE 55, micro)
Last 24 months 12-2024: 1.2% 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.3%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.5%▲ +0.2 percentage points vs 09-2025 11-2025: 1.3%▼ -0.2 percentage points vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.3%● unchanged vs 07-2026 09-2026: 1.2%▼ -0.1 percentage points vs 08-2026 10-2026: 1.7%▲ +0.5 percentage points vs 09-2026highest value 11-2026: 1.1%▼ -0.6 percentage points vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.57 (0.49 in 2025), below 1. Short-term debt is 37.4% and cash 7% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, micro). It does better than 24% of them on solvency, 39% on liquidity, 85% on profitability and 90% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€127,320
NBB · annual accounts
lowers risk · Profit of €223,127 (financial year 2026)
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Legal form: public limited company
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 84 sector peers (2026).
NBB · sector comparison
Position among 84 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
1 day early
2025
21 days early
2024
2 days early
2023
7 days early
2022
4 days late
2021
32 days early
2020
13 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 29 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2026 -€127,320 View
  • Caution: Less equity than 85% of companies in accommodationsector median €127,971 · 84 companies -€127,320 View
  • Positive: Equity rose in 2026from -€350,447 to -€127,320 ▲ 63.7% View
  • Positive: Filed on time since financial year 2023accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed 6 directors appointed, 3 directors resigningResignations: Christiane Praet, Ruth Decramer and Daphne Decramer · Appointments: Christiane Praet, Ruth Decramer and Daphne Decramer
  2. · Gazette deed Resignation: DECRAMER Luc (bestuurder en voorzitter van de raad van bestuur)Appointment: DECRAMER Daphne (director)
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as DEPRACO: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €1.5m and €2.3m, founded between 1996 and 2005.

CompanyTotal assetsGross margin
DEPRACO Ieper€1.8m€0.8m
LDWI Brugge€1.5m€0.7m
SABOT D'OR Blankenberge€2.3m€1.0m
G.D. COMPANY Koksijde€1.6m€0.7m
HOTEL ROSENBURG Brugge€1.5m€0.4m
LE MIDI Verviers€1.5m€0.7m
SAMBROTEL Charleroi€2.2m€0.7m
Full comparison

Key facts about DEPRACO

What is the company number of DEPRACO?
The company number of DEPRACO is 0467.002.738. The VAT number is the same number with BE in front: BE 0467.002.738.
Where is DEPRACO based?
The registered office is at Sint-Jacobsstraat 28, 8900 Ieper.Company details
What does DEPRACO do?
According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
What is the legal form of DEPRACO?
The legal form of DEPRACO is Public limited company (NV).
When was DEPRACO founded?
DEPRACO was founded on 06-10-1999.
Is DEPRACO still active?
Yes, DEPRACO is an active enterprise in the KBO register.
How many employees does DEPRACO have?
DEPRACO had an average of 6.4 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does DEPRACO fall under?
In its 31-03-2026 annual accounts, DEPRACO states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of DEPRACO?
The turnover in financial year 2026 is ≈ €1.5m. This figure is estimated from the gross margin of €763,116 and 30 comparable companies (NACE 55). It probably lies between €1.2m and €1.9m.
Is DEPRACO profitable?
In financial year 2026, DEPRACO made a profit of €223,127.
Where can I find the annual accounts of DEPRACO?
DEPRACO filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of DEPRACO due?
DEPRACO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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