DERGO PROJECT
ActiveSummary
DERGO PROJECT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €429,655 and a net result of -€143,012. Equity is growing by ~6.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-26
Solvency98▲+15
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity short (current ratio 0.64 against 1.21 in 2024; short-term debt: 26.8% and cash: 1.1% of total assets), and 26.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€143,012
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 01-06-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
25 d early
2023
27 d early
2022
2 d early
2021
16 d early
2020
30 d early
2019
26 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-11-2026 close30-06-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€429,655▼ 25.0%
2024 · €572,667
Total assets
€586,767▼ 40.5%
2024 · €985,353
Net result
-€143,012▼ 218%
2024 · -€44,977
Working capital
-€56,845
2024 · €86,167
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
Line20212022202320242025
Operating result€91,138▼ 41.0%€65,994▼ 27.6%€87,482▲ 32.6%-€33,763-€135,140▼ 300%
Net result€60,186▼ 47.2%€34,068▼ 43.4%€32,568▼ 4.4%-€44,977-€143,012▼ 218%
Equity€551,008▲ 12.3%€585,076▲ 6.2%€617,644▲ 5.6%€572,667▼ 7.3%€429,655▼ 25.0%
Total assets€2.5m=€2.1m▼ 13.8%€1.2m▼ 43.0%€985,353▼ 18.1%€586,767▼ 40.5%
Debt€1.9m▼ 3.0%€1.5m▼ 19.6%€585,278▼ 61.7%€412,685▼ 29.5%€157,112▼ 61.9%
Working capital€551,008▲ 12.3%€585,076▲ 6.2%€131,144▼ 77.6%€86,167▼ 34.3%-€56,845
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €135,140 in 2025 against €33,763 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €586,767
Fixed assets
€486,500 =
Current assets
€100,267 ▼ 79.9%
Equity and liabilities €586,767
Equity
€429,655 ▼ 25.0%
Debt
€157,112 ▼ 61.9%
Debt's share of the balance-sheet total falls from 41.9% to 26.8%. Equity and debt are lower.
Key figures and ratios
Current ratio
0.64▼
2024 · 1.21
Debt to equity
0.37▼
2024 · 0.72
ROE
-33.3%▼
2024 · -7.9%
ROA
-24.4%▼
2024 · -4.6%
Debt ≤ 1 year
€157,112▼
2024 · €412,685
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €1,113 | €980 | €39,787 | €968 | €1,252 | ▲ 29.5% |
| Non-recurring operating charges66A | €65,000 | €150,000 | €440,000 | - | €119,000 | - |
| Gross operating margin9900 | €157,251 | €216,974 | €567,270 | -€32,795 | -€14,887 | ▲ 54.6% |
| Operating profit (loss)9901 | €91,138 | €65,994 | €87,482 | -€33,763 | -€135,140 | ▼ 300% |
| Financial income75/76B | €3,232 | €4,083 | €4,102 | €4,402 | €1,817 | ▼ 58.7% |
| Recurring financial income75 | €3,232 | €4,083 | €4,102 | €4,402 | €1,817 | ▼ 58.7% |
| Financial charges65/66B | €34,183 | €25,745 | €46,216 | €15,616 | €9,689 | ▼ 38.0% |
| Recurring financial charges65 | €34,183 | €25,745 | €46,216 | €15,616 | €9,689 | ▼ 38.0% |
| Profit (loss) for the period before taxes9903 | €60,186 | €44,332 | €45,369 | -€44,977 | -€143,012 | ▼ 218% |
| Income taxes67/77 | - | €10,264 | €12,801 | - | - | - |
| Profit (loss) for the period9904 | €60,186 | €34,068 | €32,568 | -€44,977 | -€143,012 | ▼ 218% |
| Profit (loss) for the period to be appropriated9905 | €60,186 | €34,068 | €32,568 | -€44,977 | -€143,012 | ▼ 218% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.5m | €2.1m | €1.2m | €985,353 | €586,767 | ▼ 40.5% |
| Fixed assets21/28 | - | - | €486,500 | €486,500 | €486,500 | = |
| Financial fixed assets28 | - | - | €486,500 | €486,500 | €486,500 | = |
| Current assets29/58 | €2.5m | €2.1m | €716,422 | €498,853 | €100,267 | ▼ 79.9% |
| Stocks and contracts in progress3 | €2.3m | €2.0m | - | - | - | - |
| Stocks30/36 | €2.3m | €2.0m | - | - | - | - |
| Amounts receivable within one year40/41 | €185,600 | €64,133 | €714,386 | €498,457 | €93,623 | ▼ 81.2% |
| Trade receivables40 | €2,850 | - | - | - | - | - |
| Other amounts receivable41 | €182,750 | €64,133 | €714,386 | €498,457 | €93,623 | ▼ 81.2% |
| Cash at bank and in hand54/58 | €12,128 | €30,463 | €2,037 | €396 | €6,643 | ▲ 1,579% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.5m | €2.1m | €1.2m | €985,353 | €586,767 | ▼ 40.5% |
| Equity10/15 | €551,008 | €585,076 | €617,644 | €572,667 | €429,655 | ▼ 25.0% |
| Contributions10/11 | €220,000 | €220,000 | €220,000 | €220,000 | €220,000 | = |
| Reserves13 | €59,030 | €59,030 | €59,030 | €59,030 | €59,030 | = |
| Non-distributable reserves130/1 | €22,000 | €22,000 | €22,000 | - | - | - |
| Reserves not available under the articles1311 | €22,000 | €22,000 | €22,000 | - | - | - |
| Distributable reserves133 | €37,030 | €37,030 | €37,030 | €59,030 | €59,030 | = |
| Profit (loss) carried forward14 | €271,978 | €306,046 | €338,615 | €293,638 | €150,625 | ▼ 48.7% |
| Amounts payable17/49 | €1.9m | €1.5m | €585,278 | €412,685 | €157,112 | ▼ 61.9% |
| Amounts payable within one year42/48 | €1.9m | €1.5m | €585,278 | €412,685 | €157,112 | ▼ 61.9% |
| Financial debts43 | €1.5m | €1.5m | - | - | - | - |
| Credit institutions430/8 | €1.5m | €1.5m | - | - | - | - |
| Trade debts44 | €5,340 | €2,190 | €2,285 | €2,178 | €2,336 | ▲ 7.3% |
| Suppliers440/4 | €5,340 | €2,190 | €2,285 | €2,178 | €2,336 | ▲ 7.3% |
| Taxes, remuneration and social security45 | - | €10,264 | €12,108 | - | - | - |
| Taxes450/3 | - | €10,264 | €12,108 | - | - | - |
| Other amounts payable47/48 | €393,820 | €13,835 | €570,885 | €410,508 | €154,775 | ▼ 62.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60,186 | €34,068 | €32,568 | -€44,977 | -€143,012 | ▼ 218% |
| Operating cash flow (approximation) | €60,186 | €34,068 | €32,568 | -€44,977 | -€143,012 | ▼ 218% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | €18,335 | -€28,426 | -€1,641 | €6,248 | ▲ 481% |
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
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-11
Financial
Weakest financial yearnet -€143,012
Net result drops to -€143,012, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-11
Financial
Equity above €500,000Eq €551,008 ▲12.3%
4 profitable years in a row build equity to €551,008.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-11
Financial
Highest result since 2018net €113,910 ▲562%
Operating result €154,421, net result €113,910, both a record.
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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 2018
Ground area
3,569 m²
Building footprint
1,111 m²
Volume, LiDAR
6,195 m³
2 parcels, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Dergo Project
since 20182.278.192.577
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039D0569/00E003 | Flanders | 2,568 m² | 1 · 890 m² | 9.6 m · 2 fl. |
| 31039D0568/00F000 | Flanders | 1,001 m² | 1 · 221 m² | 10.1 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.
Structure & network
Owners and holdings
2 owners · 1 holdingChain of control
- INVEST PARTICIPATIES
- INVEST J.D.R.
- DERGO PROJECT
Highest known parent: INVEST PARTICIPATIES. The sources do not say who stands above it.
Owners 2
- INVEST J.D.R.parent75.49%
-
24.39%
Holdings 1
-
50%
According to the annual accounts to 30-11-2025 of DERGO PROJECT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded04-07-2008
Fiscal year end30-11
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.