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DEQUACHIM

Active
Public limited companyfounded 198342 yrs activeAvenue Louis Goblet(B) 193, 7331 Saint-Ghislain, BelgiumKBO/BCE: BE 0425.182.969
Summary

DEQUACHIM has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.0m and a net result of €747,756. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 81% of 278 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
DEQUACHIMActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Waste collection, recovery and disposal activities
NACE 38330Manufacture of chemicals and chemical products NACE 20130NACE 24130
#9 oldest company in Hainaut, Waste collection and treatment sector1 site
Size
€12.1mturnover 2025
Staff
16.1 FTE
Equity
€6.0m
Profit
€747,756
Financial health
96 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Parent
DEQUALEX · 99.98%
Board
11 members
Holdings
1
Auditor: Joiris-Rousseaux, Réviseurs d'entreprises associésAccounts 65 d early
Why 96+ Founded in 1983+ Size: turnover €12.1m, 16.1 FTE, total assets €8.6m+ Equity €6.0m (69.5% of total assets)+ Liquidity: current ratio 1.73, cash €1.1mShow the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 66% of its sector peers (NACE 38, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 94+10
equity 69.5% of total assets
Liquidity 56+12
short-term debt 26.1% · cash 12.6%
Profitability 74-13
return on assets 8.7%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (199 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: < 0.1%● 0.0% vs 12-2024lowest value 02-2025: < 0.1%● 0.0% vs 01-2025lowest value 03-2025: < 0.1%● 0.0% vs 02-2025lowest value 04-2025: < 0.1%▲ +2.2% vs 03-2025 05-2025: < 0.1%▲ +2.2% vs 04-2025 06-2025: < 0.1%▲ +2.1% vs 05-2025 07-2025: 0.1%▲ +29.2% vs 06-2025 08-2025: 0.1%▲ +56.5% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▼ -4.1% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▼ -1.1% vs 03-2026 05-2026: 0.1%▲ +5.4% vs 04-2026 06-2026: 0.1%▲ +2.1% vs 05-2026highest value 07-2026: < 0.1%▼ -53.5% vs 06-2026 08-2026: < 0.1%● 0.0% vs 07-2026 09-2026: < 0.1%● 0.0% vs 08-2026 10-2026: < 0.1%● 0.0% vs 09-2026
  • Founded in 1983 lowers the probability for this profile
  • Size: turnover €12.1m, 16.1 FTE, total assets €8.6m lowers the probability for this profile
  • Equity €6.0m (69.5% of total assets) lowers the probability
  • Liquidity: current ratio 1.73, cash €1.1m lowers the probability
Credit up to €550,000 at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.81 in 2024; short-term debt: 26.1% and cash: 12.6% of total assets), and 30.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 38, small). Better than this share of them on solvency 82%, liquidity 74%, profitability 62%, growth against the median 45%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Founded in 1983
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: turnover €12.1m, 16.1 FTE, total assets €8.6m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Equity €6.0m (69.5% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.73, cash €1.1m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
65 d early
2024
31 d early
2023
86 d early
2022
68 d early
2021
62 d early
2020
31 d late
2019
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Permanent representatives: Hugues DEQUENNE and Florence…Appointments: Jean-Christophe DEQUENNE, Xavier DEQUENNE…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Resignation: C.G.O. s.a. (director)Appointment: A&P SYNTONY srl (director…

Key points

  • Caution: Result fell in 2025from €1.4m to €747,756 ▼ 46.7% View
  • Positive: Oldest company in Hainaut, Waste collection and treatment…in the Checked rankings #9 View
  • Board changedlatest change 20-05-2026 · 11 in office 2 joined · 1 left View
  • Positive: 8 profitable years in a rowprofit 2025: €747,756 8 years View
  • Controlled by DEQUALEXitself parent of 1 companies 99.98% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Turnover
€12.1m
Profit
€747,756
Solvency
69.5%
Turnover▼ 7.5%
Net result
20242025
Go to Financials

Board & ownership

Board
11 members
Parent
DEQUALEX · 99.98%
Auditor
Joiris-Rousseaux, Réviseurs d'entreprises associés
Go to Board & ownership

Timeline

Events
33
Since
2005
Next accounts
by 31-07-2027
  1. 01-07-2026Permanent representatives: Hugues DEQUENNE and Florence HUMBLET
  2. 27-05-2026Annual accounts filed
  3. 09-04-2026Resignation: C.G.O. s.a. (director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Waste collection, recovery and disposal activitiesNACE 38330
Founded
21-12-1983
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
L’industrie, le négoce, le traitement de matières de toutes sortes, notamment déchets…
Go to Articles of association

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