Deprez Carlos
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 09-06-2026 PDF all 49 filings
Turnover
€1.6m▲ 13.2%
2023 · €1.4m
EBIT margin
15.1%▲ 7.2pp
2023 · 7.9%
Net result
€55,260▼ 76.5%
2024 · €235,029
Working capital
€668,170▼ 28.9%
2024 · €939,659
In the rankings
#2 oldest company in Pittem, Transport and storage sector#6 company by total assets in Pittem, Transport and storage sector#6 company by equity in Pittem, Transport and storage sector
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
no figure
2025
20182025
Operating result
€77,321
▼ 68.6%
2025
20182025
Net result
€55,260
▼ 76.5%
2025
middle half of the sector
20182025
EBIT margin
no figure
2025
20182025
Equity
€1.4m
▼ 4.5%
2025
highest quarter of the sector
20182025
Total assets
€2.7m
▲ 45.5%
2025
highest quarter of the sector
20182025
Debt
€1.2m
▲ 270%
2025
20182025
Working capital
€668,170
▼ 28.9%
2025
highest quarter of the sector
20182025
Solvency
53.6%
▼ 28.1pp
2025
middle half of the sector
20182025
Current ratio
2.50
▼ 2.25
2025
highest quarter of the sector
20182025
Return on assets (ROA)
2.1%
▼ 10.7pp
2025
middle half of the sector
20182025
Staff (FTE)
6.6
▼ 5.7%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€1.3m€1.4m▲ 1.3%€1.4m▲ 6.4%€1.6m▲ 13.2%
Operating result€0.09m-€0.2m▲ 84.9%€0.2m▲ 24.6%€0.2m▲ 19.6%€0.2m▼ 27.5%€0.1m▼ 35.3%€0.2m▲ 116%€0.08m▼ 68.6%
Net result€0.07m-€0.1m▲ 108%€0.2mabove the sector's middle half▲ 11.9%€0.2mabove the sector's middle half▲ 8.8%€0.1mwithin the sector's middle half▼ 42.2%€0.1mwithin the sector's middle half▼ 1.5%€0.2mabove the sector's middle half▲ 138%€0.06mwithin the sector's middle half▼ 76.5%
EBIT margin18.2%13.0%▼ 5.2pp7.9%▼ 5.1pp15.1%▲ 7.2pp
Equity€0.6m-€0.7m▲ 23.9%€0.9mabove the sector's middle half▲ 21.6%€1.1mabove the sector's middle half▲ 19.3%€1.2mabove the sector's middle half▲ 9.4%€1.3mabove the sector's middle half▲ 8.4%€1.5mabove the sector's middle half▲ 18.5%€1.4mabove the sector's middle half▼ 4.5%
Total assets€1.1m-€1.3m▲ 22.3%€1.5mwithin the sector's middle half▲ 12.9%€1.6mwithin the sector's middle half▲ 5.6%€1.7mwithin the sector's middle half▲ 9.0%€1.6mwithin the sector's middle half▼ 6.0%€1.8mwithin the sector's middle half▲ 13.8%€2.7mabove the sector's middle half▲ 45.5%
Debt€0.5m-€0.6m▲ 20.3%€0.6m▲ 1.9%€0.5m▼ 15.1%€0.5m▲ 8.3%€0.3m▼ 36.7%€0.3m▼ 3.5%€1.2m▲ 270%
Working capital€0.3m-€0.4m▲ 48.7%€0.4mwithin the sector's middle half▲ 7.2%€0.5mwithin the sector's middle half▲ 7.7%€0.5mabove the sector's middle half▲ 13.9%€0.7mabove the sector's middle half▲ 30.5%€0.9mabove the sector's middle half▲ 38.1%€0.7mabove the sector's middle half▼ 28.9%
Solvency55.0%-55.7%▲ 0.7pp60.0%above the sector's middle half▲ 4.3pp67.8%above the sector's middle half▲ 7.8pp68.1%above the sector's middle half▲ 0.2pp78.5%above the sector's middle half▲ 10.4pp81.8%above the sector's middle half▲ 3.3pp53.6%within the sector's middle half▼ 28.1pp
Current ratio2.39-2.86▲ 0.472.61above the sector's middle half▼ 0.252.88above the sector's middle half▲ 0.272.82above the sector's middle half▼ 0.064.31above the sector's middle half▲ 1.494.75above the sector's middle half▲ 0.442.50above the sector's middle half▼ 2.25
Return on assets (ROA)6.3%-10.8%▲ 4.4pp10.7%above the sector's middle half▼ 0.1pp11.0%above the sector's middle half▲ 0.3pp5.8%within the sector's middle half▼ 5.2pp6.1%within the sector's middle half▲ 0.3pp12.8%above the sector's middle half▲ 6.7pp2.1%within the sector's middle half▼ 10.7pp
Staff (FTE)4.3-4.5▲ 4.7%6.3within the sector's middle half▲ 40.0%7.2within the sector's middle half▲ 14.3%5.1within the sector's middle half▼ 29.2%4.2within the sector's middle half▼ 17.6%7within the sector's middle half▲ 66.7%6.6within the sector's middle half▼ 5.7%
above
within
below
The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 69% lower than in 2024 and the lowest since 2018.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets
€1.6m ▲ 141%
Current assets
€1.1m ▼ 6.3%
Equity and liabilities €2.7m
Equity
€1.4m ▼ 4.5%
Debt
€1.2m ▲ 270%
Debt's share of the balance-sheet total rises from 18.2% to 46.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€377,211▼
2024 · €380,050
Cash flow
€355,150▼
2024 · €369,142
Debt to equity
0.86▲
2024 · 0.22
ROE
3.9%▼
2024 · 15.6%
Interest coverage
13.72▼
2024 · 72.23
Debt ≤ 1 year
€446,885▲
2024 · €250,738
Debt > 1 year
€794,213▲
2024 · €84,790
Income taxes
€17,653▼
2024 · €107,026
Staff costs
€565,425▲
2024 · €495,462
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 4 | 6 | 7 | 6 |
| full-time | 7 | 4 | 6 | 7 | 6 |
| in full-time equivalents | 7 | 4 | 6 | 7 | 6 |
| Average over the year, in full-time equivalents | 7.2 | 5.1 | 4.2 | 6.2 | 6.6 |
| On a permanent contract | 6 | 4 | 5 | 6 | 6 |
| Joined | 43 | 2 | 4 | 3 | 2 |
| Left | 44 | 4 | 2 | 2 | 3 |
| Training hours | 54 | 28 | 15 | 55 | 811 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | - | - | €712,800 |
| Mortgages, amount registered | - | - | - | - | €27,500 |
| Mortgage mandates | - | - | - | - | €797,500 |
| Carrying value of the mortgaged assets | - | - | - | - | €878,242 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €238,267 | €239,566 | €7,287 | €52,981 | €1.2m |
| Depreciation and write-downs of the year | €167,276 | €202,958 | €188,338 | €134,112 | €299,890 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 5 entries · €9,536 awarded · €9,221 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €912 | €686 |
| 2024 | 1 | €5,198 | €5,109 |
| 2023 | 2 | €3,318 | €3,318 |
| 2022 | 1 | €108 | €108 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €1.3m | €1.4m | €1.4m | €1.6m | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.6m | €0.7m | €0.8m | €0.8m | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.4m | €0.4m | €0.4m | €0.5m | €0.6m | ▲ 14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.3m | ▲ 124% |
| Other operating charges640/8 | - | - | - | €0.006m | €0.006m | €0.007m | €0.006m | €0.01m | ▲ 105% |
| Gross operating margin9900 | €0.5m | €0.6m | €0.7m | €0.8m | €0.8m | €0.7m | €0.9m | €1.0m | ▲ 8.3% |
| Operating profit (loss)9901 | €0.09m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.08m | ▼ 68.6% |
| Financial income75/76B | - | - | - | €46 | €0.001m | €0.03m | €0.1m | €0.02m | ▼ 77.2% |
| Recurring financial income75 | €12 | €0.001m | €0.001m | €46 | €0.001m | €0.03m | €0.1m | €0.02m | ▼ 77.2% |
| Financial charges65/66B | - | - | - | €0.006m | €0.05m | €0.01m | €0.005m | €0.03m | ▲ 423% |
| Recurring financial charges65 | €0.007m | €0.006m | €0.009m | €0.006m | €0.05m | €0.01m | €0.005m | €0.03m | ▲ 423% |
| Profit (loss) for the period before taxes9903 | €0.08m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.3m | €0.07m | ▼ 78.7% |
| Income taxes67/77 | €0.01m | €0.02m | €0.04m | €0.06m | €0.03m | €0.04m | €0.1m | €0.02m | ▼ 83.5% |
| Profit (loss) for the period9904 | €0.07m | €0.1m | €0.2m | €0.2m | €0.1m | €0.1m | €0.2m | €0.06m | ▼ 76.5% |
| Profit (loss) for the period to be appropriated9905 | €0.07m | €0.1m | €0.2m | €0.2m | €0.1m | €0.1m | €0.2m | €0.06m | ▼ 76.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.3m | €1.5m | €1.6m | €1.7m | €1.6m | €1.8m | €2.7m | ▲ 45.5% |
| Fixed assets21/28 | €0.6m | €0.7m | €0.8m | €0.9m | €0.9m | €0.7m | €0.6m | €1.6m | ▲ 141% |
| Tangible fixed assets22/27 | €0.6m | €0.7m | €0.8m | €0.9m | €0.9m | €0.7m | €0.6m | €1.6m | ▲ 141% |
| Land and buildings22 | - | - | - | €0.4m | €0.5m | €0.5m | €0.4m | €1.3m | ▲ 200% |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.01m | €0.009m | €0.005m | €0.003m | ▼ 46.0% |
| Furniture and vehicles24 | - | - | - | €0.4m | €0.4m | €0.2m | €0.2m | €0.2m | ▲ 14.3% |
| Financial fixed assets28 | €0.002m | €0.001m | €0.001m | €0.001m | €102 | €102 | €40 | €40 | = |
| Current assets29/58 | €0.5m | €0.6m | €0.7m | €0.7m | €0.8m | €0.9m | €1.2m | €1.1m | ▼ 6.3% |
| Amounts receivable within one year40/41 | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.3m | €0.3m | ▲ 3.5% |
| Trade receivables40 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 34.0% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.02m | €0.02m | €0.09m | €0.2m | ▲ 104% |
| Current investments50/53 | €0.09m | €0.09m | €0.5m | €0.3m | €0.5m | €0.5m | €0.7m | €0.6m | ▼ 14.9% |
| Cash at bank and in hand54/58 | €0.2m | €0.3m | €0.03m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 0.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €0.01m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €1.3m | €1.5m | €1.6m | €1.7m | €1.6m | €1.8m | €2.7m | ▲ 45.5% |
| Equity10/15 | €0.6m | €0.7m | €0.9m | €1.1m | €1.2m | €1.3m | €1.5m | €1.4m | ▼ 4.5% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | - | - |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | - | - |
| Reserves13 | €0.5m | €0.6m | €0.8m | €1.0m | €1.1m | €1.2m | €1.4m | €1.3m | ▼ 4.9% |
| Non-distributable reserves130/1 | - | - | - | €0.2m | €0.3m | €0.01m | €0.01m | - | - |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | - | - |
| Own shares acquired1312 | - | - | - | €0.2m | €0.3m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Distributable reserves133 | - | - | - | €0.6m | €0.6m | €1.0m | €1.2m | €1.2m | ▼ 4.7% |
| Amounts payable17/49 | €0.5m | €0.6m | €0.6m | €0.5m | €0.5m | €0.3m | €0.3m | €1.2m | ▲ 270% |
| Amounts payable after more than one year17 | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.1m | €0.08m | €0.8m | ▲ 837% |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | €0.1m | €0.08m | €0.8m | ▲ 837% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | €0.2m | €0.3m | €0.4m | ▲ 78.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 27.7% |
| Trade debts44 | €0.03m | €0.04m | €0.05m | €0.02m | €0.06m | €0.02m | €0.03m | €0.08m | ▲ 178% |
| Suppliers440/4 | - | - | - | €0.02m | €0.06m | €0.02m | €0.03m | €0.08m | ▲ 178% |
| Taxes, remuneration and social security45 | - | - | - | €0.08m | €0.05m | €0.04m | €0.1m | €0.1m | ▼ 4.3% |
| Taxes450/3 | - | - | - | €0.04m | €0.02m | €0.01m | €0.06m | €0.06m | ▼ 9.0% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.03m | €0.03m | €0.05m | €0.05m | ▲ 2.3% |
| Other amounts payable47/48 | - | - | - | €0.01m | €0.01m | €0.02m | €0.006m | €0.1m | ▲ 20× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.07m | €0.1m | €0.2m | €0.2m | €0.1m | €0.1m | €0.2m | €0.06m | ▼ 76.5% |
| + Depreciation and write-downs630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.3m | ▲ 124% |
| Operating cash flow (approximation) | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | ▼ 3.8% |
| Investment in fixed assets (approximation) | - | -€0.3m | -€0.3m | -€0.2m | -€0.2m | -€0.007m | -€0.05m | -€1.2m | ▼ 2,192% |
| Change in cash | - | €0.1m | -€0.3m | €0.2m | -€0.08m | -€0.008m | -€0.02m | €0.001m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as Deprez Carlos has now. Two years later, 94.4% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
94.4%
was still going
4.9%
stopped otherwise
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Deprez Carlos itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for Deprez Carlos. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 49 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-06-2026 | 2026-00145549 | |
| 31-12-2024 | abbreviated format | 23-06-2025 | 2025-00168296 | |
| 31-12-2023 | abbreviated format | 19-06-2024 | 2024-00140740 | |
| 31-12-2022 | abbreviated format | 30-08-2023 | 2023-00426508 | |
| 31-12-2021 | abbreviated format | 15-11-2022 | 2022-20523025 | |
| 31-12-2020 | abbreviated format | 09-08-2021 | 2021-47200331 | |
| 31-12-2019 | abbreviated format | 10-06-2020 | 2020-16600388 | |
| 31-12-2018 | micro format | 02-07-2019 | 2019-28800278 | |
| 31-12-2017 | micro format | 21-06-2018 | 2018-21200567 | |
| 31-12-2016 | micro format | 06-06-2017 | 2017-15100307 |