DEPROCO
ActiveDEPROCO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €113k and a net result of €13k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 25% of 37964 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability65▲+29
Solvency52▲+3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.77 in 2023; short-term debt: 71.4% and cash: 0.4% of total assets), and 72.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
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
27.1%
Return on assets
3.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
31 d late
2021
29 d late
2020
9 d early
2019
110 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€113k▲ 12.8%
2023 · €100k
2018: €135k
2019: €12k
2020: €55k
2021: €80k
2022: €92k
2023: €100k
2018 → 2024
Total assets
€418k▲ 1.7%
2023 · €411k
2018: €353k
2019: €364k
2020: €382k
2021: €416k
2022: €459k
2023: €411k
2018 → 2024
Net result
€13k▲ 29.1%
2023 · €10k
2018: €209k
2019: €19k
2020: €43k
2021: €28k
2022: €15k
2023: €10k
2018 → 2024
Working capital
€-62k▲ 13.0%
2023 · €-71k
2018: €125k
2019: €10k
2020: €53k
2021: €71k
2022: €-64k
2023: €-71k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€55k-€80k▲ 45.8%€92k▲ 15.5%€100k▲ 8.8%€113k▲ 12.8%
Operating result€55k-€39k▼ 29.7%€33k▼ 15.4%€28k▼ 13.3%€17k▼ 39.2%
Net result€43k-€28k▼ 35.7%€15k▼ 45.7%€10k▼ 33.6%€13k▲ 29.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 39% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €418k
Fixed assets
€181k▲ 1.2%
Current assets
€237k▲ 2.2%
Equity and liabilities €418k
Equity
€113k▲ 12.8%
Debt
€304k▼ 1.8%
The debt ratio falls from 75.5% to 72.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▼
2023 · €31k
Cash flow
€15k▲
2023 · €12k
Solvency
27.1%▲
2023 · 24.5%
Current ratio
0.79▲
2023 · 0.77
Quick ratio
0.79▲
2023 · 0.77
Debt / equity
2.69▼
2023 · 3.09
ROE
11.3%▲
2023 · 9.9%
ROA
3.1%▲
2023 · 2.4%
Interest coverage
5.10▲
2023 · 1.72
Debt
€304k▼
2023 · €310k
Debt ≤ 1 year
€298k▼
2023 · €303k
Debt > 1 year
€6k▼
2023 · €8k
Income taxes
€655▲
2023 · €465
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€411k€418k▲
Fixed assets21/28€179k€181k▲
Tangible fixed assets22/27€6k€9k▲
Plant, machinery and equipment23€56-
Furniture and vehicles24€6k€9k▲
Financial fixed assets28€172k€172k=
Current assets29/58€232k€237k▲
Amounts receivable after more than one year29€20k€8k▼
Trade receivables290€20k€8k▼
Amounts receivable within one year40/41€202k€223k▲
Trade receivables40€25k€61k▲
Other amounts receivable41€176k€162k▼
Cash at bank and in hand54/58€4k€2k▼
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€411k€418k▲
Equity10/15€100k€113k▲
Contributions10/11€20k€20k=
Reserves13€216k€216k=
Distributable reserves133€216k€216k=
Profit (loss) carried forward14€-136k€-123k▲
Amounts payable17/49€310k€304k▼
Amounts payable after more than one year17€8k€6k▼
Financial debts170/4€8k€6k▼
Amounts payable within one year42/48€303k€298k▼
Current portion of amounts payable after more than one year42€17k€10k▼
Financial debts43€500€6k▲
Credit institutions430/8€500€6k▲
Trade debts44€14k€24k▲
Suppliers440/4€14k€24k▲
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€5k€9k▲
Other amounts payable47/48€266k€249k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€35k€23k▼
Operating profit (loss)9901€28k€17k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€18k€4k▼
Recurring financial charges65€18k€4k▼
Profit (loss) for the period before taxes9903€10k€14k▲
Income taxes67/77€465€655▲
Profit (loss) for the period9904€10k€13k▲
Profit (loss) for the period to be appropriated9905€10k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-134k€-123k▲
Profit (loss) brought forward from the previous period14P€-144k€-136k▲
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €10k ▼33.6%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €100k ▲8.8%
6 profitable years in a row build equity to €100k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 110 days late
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 75 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 61 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Knokke-Heist · 1 establishment unit since 2003
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.
Molenstede 198300 Knokke-HeistGround area
598 m²
Building footprint
224 m²
Volume, LiDAR
962 m³
Parcel 31039E0297/00F000, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Molenstede 19, 8300 Knokke-Heist
since 20032.127.163.874
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0297/00F000 | Flanders | 598 m² | 1 · 224 m² | 8.8 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.
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MAJECON
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FN-CONSULT
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,570. 40,775 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-03-2003
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 21 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.