DERAK
ActiveSummary
DERAK has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €208,550 and a net result of -€2,615. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 22% of 9521 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability36▼-7
Solvency40▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.43 against 0.4 in 2023; short-term debt: 50.4% and cash: 0% of total assets), and 85.1% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
14.9%
Return on assets
-0.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9521 sector peers (2024).
NBB · sector comparisonPosition among 9521 sector peers
Solvency
better than 22%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
72 d late
2022
91 d late
2021
86 d late
2020
30 d late
2019
102 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 79 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€116,636
EBIT margin
4.8%
Net result
-€2,615
2023 · €215
Working capital
-€404,999▲ 25.2%
2023 · -€541,348
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result-€4,482▼ 495%€24,182€13,021▼ 46.2%€9,381▼ 28.0%€18,103▲ 93.0%
Net result-€8,511▼ 63.9%€10,960€1,892▼ 82.7%€215▼ 88.6%-€2,615
EBIT margin
Equity€110,099▼ 7.2%€209,059▲ 89.9%€210,950▲ 0.9%€211,165▲ 0.1%€208,550▼ 1.2%
Total assets€711,382▲ 95.5%€1.3m▲ 80.2%€1.7m▲ 30.0%€1.5m▼ 11.6%€1.4m▼ 4.9%
Debt€601,283▲ 145%€1.1m▲ 78.4%€1.5m▲ 35.6%€1.3m▼ 13.3%€1.2m▼ 5.5%
Working capital-€192,981-€649,929▼ 237%-€858,974▼ 32.2%-€541,348▲ 37.0%-€404,999▲ 25.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2021 Total assets +80% on 2020. Cause not known from the registers.
- 2020 Total assets +95% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 93% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.1m ▼ 0.5%
Current assets
€301,374 ▼ 17.9%
Equity and liabilities €1.4m
Equity
€208,550 ▼ 1.2%
Debt
€1.2m ▼ 5.5%
Debt's share of the balance-sheet total falls from 85.7% to 85.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€44,561▲
2023 · €26,755
Cash flow
€23,843▲
2023 · €17,588
Current ratio
0.43▲
2023 · 0.40
Quick ratio
0.42▲
2023 · 0.40
Debt to equity
5.72▼
2023 · 5.97
ROE
-1.3%▼
2023 · 0.1%
ROA
-0.2%▼
2023 · 0.0%
Interest coverage
2.14▼
2023 · 2.92
Debt ≤ 1 year
€706,373▼
2023 · €908,512
Debt > 1 year
€485,792▲
2023 · €352,113
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,501 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
1.7%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,501 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €8,000 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,332 | €11,621 | €12,568 | €17,373 | €26,458 | ▲ 52.3% |
| Other operating charges640/8 | - | €4,507 | €4,357 | €4,226 | €4,373 | ▲ 3.5% |
| Gross operating margin9900 | €10,694 | €40,309 | €29,947 | €30,980 | €48,934 | ▲ 58.0% |
| Operating profit (loss)9901 | -€4,482 | €24,182 | €13,021 | €9,381 | €18,103 | ▲ 93.0% |
| Financial income75/76B | - | €144 | €590 | - | €100 | - |
| Recurring financial income75 | €135 | €144 | €590 | - | €100 | - |
| Financial charges65/66B | - | €13,366 | €11,720 | €9,166 | €20,818 | ▲ 127% |
| Recurring financial charges65 | €4,164 | €13,366 | €11,720 | €9,166 | €20,818 | ▲ 127% |
| Profit (loss) for the period before taxes9903 | -€8,511 | €10,960 | €1,892 | €215 | -€2,615 | ▼ 1,318% |
| Profit (loss) for the period9904 | -€8,511 | €10,960 | €1,892 | €215 | -€2,615 | ▼ 1,318% |
| Profit (loss) for the period to be appropriated9905 | -€8,511 | €10,960 | €1,892 | €215 | -€2,615 | ▼ 1,318% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €711,382 | €1.3m | €1.7m | €1.5m | €1.4m | ▼ 4.9% |
| Fixed assets21/28 | €676,798 | €1.2m | €1.6m | €1.1m | €1.1m | ▼ 0.5% |
| Tangible fixed assets22/27 | €676,298 | €1.2m | €1.6m | €1.1m | €1.1m | ▼ 0.5% |
| Land and buildings22 | - | €221,189 | €210,502 | €1.0m | €1.0m | ▲ 0.2% |
| Plant, machinery and equipment23 | - | €11,452 | €46,610 | €42,541 | €37,270 | ▼ 12.4% |
| Furniture and vehicles24 | - | €2,343 | €2,056 | €36,096 | €33,810 | ▼ 6.3% |
| Assets under construction and advance payments27 | - | €1.0m | €1.4m | - | - | - |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €34,585 | €32,563 | €30,489 | €367,164 | €301,374 | ▼ 17.9% |
| Stocks and contracts in progress3 | €5,756 | €5,756 | €5,756 | €5,756 | €5,756 | = |
| Stocks30/36 | - | €5,756 | €5,756 | €5,756 | €5,756 | = |
| Amounts receivable within one year40/41 | €26,395 | €24,940 | €19,424 | €358,616 | €293,556 | ▼ 18.1% |
| Trade receivables40 | - | €24,940 | €19,424 | €358,616 | €292,467 | ▼ 18.4% |
| Other amounts receivable41 | - | - | - | - | €1,090 | - |
| Cash at bank and in hand54/58 | €1,053 | €486 | €2,687 | €853 | €386 | ▼ 54.7% |
| Deferred charges and accrued income490/1 | - | €1,381 | €2,621 | €1,939 | €1,676 | ▼ 13.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €711,382 | €1.3m | €1.7m | €1.5m | €1.4m | ▼ 4.9% |
| Equity10/15 | €110,099 | €209,059 | €210,950 | €211,165 | €208,550 | ▼ 1.2% |
| Contributions10/11 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Capital10 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Issued capital100 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Revaluation surpluses12 | - | €108,614 | €108,614 | €108,614 | €108,614 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€66,715 | -€55,755 | -€53,864 | -€53,649 | -€56,264 | ▼ 4.9% |
| Amounts payable17/49 | €601,283 | €1.1m | €1.5m | €1.3m | €1.2m | ▼ 5.5% |
| Amounts payable after more than one year17 | €372,070 | €390,168 | €371,744 | €352,113 | €485,792 | ▲ 38.0% |
| Financial debts170/4 | - | €390,168 | €371,744 | €352,113 | €485,792 | ▲ 38.0% |
| Amounts payable within one year42/48 | €227,566 | €682,492 | €889,463 | €908,512 | €706,373 | ▼ 22.2% |
| Current portion of amounts payable after more than one year42 | - | €17,939 | €18,629 | €20,951 | €29,360 | ▲ 40.1% |
| Financial debts43 | - | €134,923 | €312,158 | €311,478 | €122,367 | ▼ 60.7% |
| Credit institutions430/8 | - | €70,015 | €200,100 | €201,845 | - | - |
| Other loans439 | - | €64,908 | €112,058 | €109,633 | €122,367 | ▲ 11.6% |
| Trade debts44 | €38,945 | €187,171 | €75,946 | €53,824 | €51,658 | ▼ 4.0% |
| Suppliers440/4 | - | €187,171 | €75,946 | €53,824 | €51,658 | ▼ 4.0% |
| Taxes, remuneration and social security45 | - | €25,190 | €24,512 | €10,517 | €16,058 | ▲ 52.7% |
| Taxes450/3 | - | €25,190 | €24,512 | €10,517 | €16,058 | ▲ 52.7% |
| Other amounts payable47/48 | - | €317,269 | €458,218 | €511,742 | €486,931 | ▼ 4.8% |
| Accrued charges and deferred income492/3 | - | - | €193,480 | €665 | €57 | ▼ 91.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,511 | €10,960 | €1,892 | €215 | -€2,615 | ▼ 1,318% |
| + Depreciation and write-downs630 | €12,332 | €11,621 | €12,568 | €17,373 | €26,458 | ▲ 52.3% |
| Operating cash flow (approximation) | €3,821 | €22,581 | €14,460 | €17,588 | €23,843 | ▲ 35.6% |
| Investment in fixed assets (approximation) | - | -€583,980 | -€398,560 | €512,484 | -€20,565 | ▼ 104% |
| Change in cash | - | -€567 | €2,201 | -€1,834 | -€467 | ▲ 74.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 72 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 91 days late
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 86 days late
2021
31-12
Financial
Back to profitnet €10,960
Net result €10,960 after 3 loss-making years.
31-12
Financial
Equity above €200,000Eq €209,059 ▲89.9%
Equity rises from €110,099 to €209,059.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet -€8,511
Net result drops to -€8,511, the lowest in the series; recovery starts the following year.
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 102 days late
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 68 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
15-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 76 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Oostkamp · 2 establishment units since 1995
Ground area
1.7 ha
Building footprint
764 m²
Volume, LiDAR
9,991 m³
2 parcels, Flanders · tallest building 29.6 m, ±7 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
Scharestraat 35, 8020 Oostkamp
since 19952.053.650.544
Kasteeldreef 10, 8020 Oostkamp
since 20232.353.785.568
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31009D0977/00A004 | Flanders | 1.0 ha | 1 · 485 m² | 29.6 m · 7 fl. |
| 31009A0348/00W000 | Flanders | 6,101 m² | 1 · 279 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2025 · 1 entry · 2,420 EUR awarded · 2,420 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,420 EUR | 2,420 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostkamp2.053.650.544
Similar companies · same sector, comparable size
JULEST
BE 0567.916.093
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BE 0645.652.586
Anzegem · Eq €208,239
WHATEVER
BE 0899.044.104
La Hulpe · Eq €207,543
BOEKHOUD SERVICE SECRETARIAAT
BE 0449.279.749
Duffel · Eq €210,040
Administration @ Home
BE 0888.780.514
Gent · Eq €207,057
Of 11,219 companies in sector 82100 we hold annual accounts for 3,509. 2,436 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-06-1991
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0444564757
Also
9925:BE0444564757
Registered
29-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.