DESTCO
ActiveDESTCO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €-80k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency17▼-83
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 4.93 in 2024), and 93.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 →
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 2025Solvency, return and age of the figures
Solvency
6.1%
Return on assets
-36%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€80k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 31527 sector peers (2025).
NBB · sector comparisonPosition among 31527 sector peers
Solvency
better than 14%
← weakest
strongest →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
14 d early
2024
21 d late
2023
19 d early
2022
130 d early
2021
37 d early
2020
12 d late
2019
28 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 85.4%
2024 · €94k
2018: €46k
2019: €123k
2020: €193k
2021: €288k
2022: €200k
2023: €160k
2024: €94k
2018 → 2025
Total assets
€223k▲ 90.1%
2024 · €117k
2018: €77k
2019: €161k
2020: €234k
2021: €321k
2022: €321k
2023: €164k
2024: €117k
2018 → 2025
Net result
€-80k▼ 21.5%
2024 · €-66k
2018: €40k
2019: €64k
2020: €70k
2021: €95k
2022: €27k
2023: €-40k
2024: €-66k
2018 → 2025
Working capital
€14k▼ 85.0%
2024 · €91k
2018: €41k
2019: €123k
2020: €130k
2021: €209k
2022: €194k
2023: €155k
2024: €91k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€288k-€200k▼ 30.6%€160k▼ 20.1%€94k▼ 41.3%€14k▼ 85.4%
Operating result€120k-€30k▼ 74.7%€-40k€-68k▼ 69.4%€-80k▼ 17.6%
Net result€95k-€27k▼ 71.7%€-40k€-66k▼ 63.8%€-80k▼ 21.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €80k in 2025 against €68k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €223k
Equity
€14k▼ 85.4%
Debt
€209k▲ 799%
The debt ratio rises from 19.8% to 93.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-78k▼
2024 · €-66k
Cash flow
€-78k▼
2024 · €-63k
Solvency
6.1%▼
2024 · 80.2%
Current ratio
1.07▼
2024 · 4.93
Quick ratio
1.07▼
2024 · 4.93
Debt / equity
15.29▲
2024 · 0.25
ROE
-586.7%▼
2024 · -70.3%
ROA
-36.0%▲
2024 · -56.4%
Interest coverage
-1098.94▼
2024 · -638.40
Debt
€209k▲
2024 · €23k
Debt ≤ 1 year
€209k▲
2024 · €23k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€117k€223k▲
Fixed assets21/28€3k€0▼
Tangible fixed assets22/27€3k€0▼
Furniture and vehicles24€3k€0▼
Current assets29/58€115k€223k▲
Amounts receivable within one year40/41€17k€222k▲
Trade receivables40-€141
Other amounts receivable41€17k€222k▲
Current investments50/53€0-
Cash at bank and in hand54/58€98k€340▼
Equity and liabilities
Total equity and liabilities10/49€117k€223k▲
Equity10/15€94k€14k▼
Contributions10/11€19k€19k=
Reserves13€75k€2k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€73k€0▼
Profit (loss) carried forward14-€-7k
Amounts payable17/49€23k€209k▲
Amounts payable within one year42/48€23k€209k▲
Trade debts44€3k€0▼
Suppliers440/4€3k€0▼
Other amounts payable47/48€20k€209k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€0-
Gross operating margin9900€-66k€-78k▼
Operating profit (loss)9901€-68k€-80k▼
Financial income75/76B€2k€0▼
Recurring financial income75€2k€0▼
Financial charges65/66B€103€71▼
Recurring financial charges65€103€71▼
Profit (loss) for the period before taxes9903€-66k€-80k▼
Profit (loss) for the period9904€-66k€-80k▼
Profit (loss) for the period to be appropriated9905€-66k€-80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-66k€-80k▼
Transfer from equity791/2€66k€73k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-80k
Net result drops to €-80k, the lowest in the series.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 14current ratio 37.25
Current ratio from 2.63 to 37.25; short-term debt falls from €119k to €4k.
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €95k ▲36.4%
Operating result €120k, net result €95k, both a record.
31-12
Financial
Equity above €200kEq €288k ▲49.3%
4 profitable years in a row build equity to €288k.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial
Equity above €150kEq €193k ▲56.6%
3 profitable years in a row build equity to €193k.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €123k ▲166%
2 profitable years in a row build equity to €123k.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Izegem · 1 establishment unit since 2017
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.
Burgemeester Vandenbogaerdelaan 578870 IzegemGround area
3,229 m²
Building footprint
290 m²
Volume, LiDAR
2,679 m³
Parcel 36494D1138/00Z003, Flanders · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Burgemeester Vandenbogaerdelaan 57, 8870 Izegem
since 20172.266.309.186
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D1138/00Z003 | Flanders | 3,229 m² | 1 · 290 m² | 14.1 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
BioO2
BE 0658.862.206
Brakel · Eq €14k
AIRTEMA
BE 0501.632.134
Sint-Truiden · Eq €14k
SDenis Consult
BE 0689.815.894
Liège · Eq €14k
V-Retail-Training
BE 0797.298.131
Anderlecht · Eq €14k
SNDCLSH
BE 0735.347.793
Edegem · Eq €14k
Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 26,334 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-07-2017
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
46170Agents in the wholesale of food, beverages and tobacco
46879Wholesale trade
56210Event catering
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.