DEX
ActiveSummary
DEX has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12.7m and a net result of €1.6m. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 79% of 6550 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2024
Profitability64=
Solvency87▼-13
Growth65▼-4
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €850,000 at 30 days acceptable
Liquidity ample (current ratio 2.58; short-term debt: 38.3% and cash: 1.4% of total assets), and 38.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
61.6%
Return on assets
7.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
13 d early
2024
20 d early
2023
22 d early
2022
92 d early
2021
13 d early
2020
13 d early
2019
18 d early
← 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 27 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
In the rankings
#2 company by equity in Hooglede, Wholesale and retail trade sector#5 company by total assets in Hooglede, Wholesale and retail trade sector#8 employer in Hooglede, Wholesale and retail trade sector
Turnover
€57.1m▼ 16.9%
2024 · €68.7m
EBIT margin
3.8%▲ 0.8pp
2024 · 3.1%
Net result
€1.6m▲ 13.1%
2024 · €1.4m
Working capital
€12.5m▼ 2.8%
2024 · €12.9m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242024
Turnover€65.0m▲ 0.1%€69.1m▲ 6.3%€63.0m▼ 8.8%€68.7m▲ 9.1%€57.1m-
Operating result€3.2m▲ 53.3%€3.3m▲ 3.4%€1.6m▼ 52.3%€2.1m▲ 31.7%€2.2m-
Net result€2.4mabove the sector's middle half▲ 74.3%€2.5mabove the sector's middle half▲ 2.4%€1.1mabove the sector's middle half▼ 54.1%€1.4mabove the sector's middle half▲ 22.4%€1.6mabove the sector's middle half-
EBIT margin5.0%▲ 1.7pp4.8%▼ 0.1pp2.5%▼ 2.3pp3.1%▲ 0.5pp3.8%-
Equity€11.6mabove the sector's middle half▲ 26.2%€14.0mabove the sector's middle half▲ 21.3%€13.2mabove the sector's middle half▼ 5.7%€13.0mabove the sector's middle half▼ 1.5%€12.7mabove the sector's middle half-
Total assets€18.9mabove the sector's middle half▼ 4.4%€16.0mabove the sector's middle half▼ 15.0%€23.4mabove the sector's middle half▲ 46.0%€15.4mabove the sector's middle half▼ 34.2%€20.7mabove the sector's middle half-
Debt€7.2m▼ 30.6%€2.0m▼ 72.5%€10.2m▲ 414%€2.4m▼ 76.6%€7.9m-
Working capital€11.7mabove the sector's middle half▲ 25.4%€14.1mabove the sector's middle half▲ 20.8%€13.3mabove the sector's middle half▼ 5.6%€12.9mabove the sector's middle half▼ 3.4%€12.5mabove the sector's middle half-
Solvency61.3%above the sector's middle half▲ 14.9pp87.4%above the sector's middle half▲ 26.2pp56.5%above the sector's middle half▼ 31.0pp84.5%above the sector's middle half▲ 28.1pp61.6%above the sector's middle half-
Current ratio2.63above the sector's middle half▲ 0.738.41above the sector's middle half▲ 5.772.32above the sector's middle half▼ 6.096.44above the sector's middle half▲ 4.112.58above the sector's middle half-
Return on assets (ROA)12.7%above the sector's middle half▲ 5.7pp15.3%above the sector's middle half▲ 2.6pp4.8%within the sector's middle half▼ 10.5pp9.0%within the sector's middle half▲ 4.2pp7.6%within the sector's middle half-
Staff (FTE)16above the sector's middle half▲ 3.9%15.6above the sector's middle half▼ 2.5%15.7above the sector's middle half▲ 0.6%15.3above the sector's middle half▼ 2.5%17.6above the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2024 as the grey bar beneath
Assets €20.7m
Fixed assets
€266,152 ▲ 38.3%
Current assets
€20.4m ▲ 34.2%
Equity and liabilities €20.7m
Equity
€12.7m ▼ 2.2%
Debt
€7.9m ▲ 233%
Debt's share of the balance-sheet total rises from 15.5% to 38.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2.2m▲
2024 · €2.1m
Cash flow
€1.6m▲
2024 · €1.4m
Quick ratio
0.31▼
2024 · 1.06
Debt to equity
0.62▲
2024 · 0.18
ROE
12.3%▲
2024 · 10.6%
Interest coverage
29.76▲
2024 · 9.52
Debt ≤ 1 year
€7.9m▲
2024 · €2.4m
Income taxes
€534,660▲
2024 · €489,712
Staff costs
€1.2m▼
2024 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 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% | 1.7% |
| 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 75% 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 20,129 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 | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €70.0m | €63.7m | €69.9m | €57.9m | - |
| Turnover70 | €65.0m | €69.1m | €63.0m | €68.7m | €57.1m | - |
| Other operating income74 | - | €888,056 | €691,453 | €1.2m | €778,396 | - |
| Non-recurring operating income76A | - | €0 | €677 | €0 | - | - |
| Operating charges60/66A | - | €66.6m | €62.1m | €67.8m | €55.7m | - |
| Goods for resale, raw materials and consumables60 | - | €64.2m | €59.0m | €64.3m | €52.6m | - |
| Purchases600/8 | - | €60.9m | €65.3m | €57.9m | €57.8m | - |
| Change in stocks: decrease (increase)609 | - | €3.3m | -€6.4m | €6.4m | -€5.2m | - |
| Services and other goods61 | - | €1.4m | €1.9m | €2.2m | €1.9m | - |
| Remuneration, social security and pensions62 | - | €1.1m | €1.1m | €1.2m | €1.2m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €80,700 | €36,706 | €21,877 | €39,104 | €51,771 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €89,675 | -€1,120 | €7,503 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€48,624 | -€26,116 | -€7,632 | €0 | - |
| Other operating charges640/8 | - | €12,427 | €14,401 | €14,780 | €13,428 | - |
| Non-recurring operating charges66A | - | €0 | - | - | - | - |
| Operating profit (loss)9901 | €3.2m | €3.3m | €1.6m | €2.1m | €2.2m | - |
| Financial income75/76B | - | €16,930 | €59,751 | €20,468 | €11,067 | - |
| Recurring financial income75 | €12,649 | €16,930 | €59,751 | €20,468 | €11,067 | - |
| Income from current assets751 | - | - | €1,736 | €17,438 | €9,644 | - |
| Other financial income752/9 | - | €16,930 | €58,015 | €3,030 | €1,422 | - |
| Financial charges65/66B | - | €69,214 | €128,432 | €249,986 | €91,510 | - |
| Recurring financial charges65 | €59,138 | €69,214 | €128,432 | €249,986 | €91,510 | - |
| Debt charges650 | €50,373 | €43,095 | €92,726 | €224,833 | €74,950 | - |
| Other financial charges652/9 | - | €26,119 | €35,705 | €25,153 | €16,560 | - |
| Profit (loss) for the period before taxes9903 | €3.2m | €3.3m | €1.5m | €1.9m | €2.1m | - |
| Income taxes67/77 | €782,097 | €829,953 | €397,870 | €489,712 | €534,660 | - |
| Taxes670/3 | - | €829,953 | €397,973 | €490,000 | €535,000 | - |
| Tax adjustments and reversals of tax provisions77 | - | - | €103 | €288 | €340 | - |
| Profit (loss) for the period9904 | €2.4m | €2.5m | €1.1m | €1.4m | €1.6m | - |
| Transfer from tax-exempt reserves789 | - | - | €432,566 | €537,500 | €762,457 | - |
| Transfer to tax-exempt reserves689 | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €1.5m | €2.5m | €1.6m | €1.9m | €2.3m | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €18.9m | €16.0m | €23.4m | €15.4m | €20.7m | - |
| Fixed assets21/28 | €66,792 | €46,478 | €56,482 | €192,504 | €266,152 | - |
| Intangible fixed assets21 | €3,002 | €6,725 | €4,005 | €1,285 | €0 | - |
| Tangible fixed assets22/27 | €63,790 | €39,754 | €52,478 | €191,219 | €258,865 | - |
| Plant, machinery and equipment23 | - | €23,871 | €44,113 | €31,488 | €118,387 | - |
| Furniture and vehicles24 | - | €15,883 | €8,365 | €159,732 | €140,477 | - |
| Other tangible fixed assets26 | - | €0 | - | - | - | - |
| Financial fixed assets28 | - | - | - | - | €7,287 | - |
| Other financial fixed assets284/8 | - | - | - | - | €7,287 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | €7,287 | - |
| Current assets29/58 | €18.8m | €16.0m | €23.4m | €15.2m | €20.4m | - |
| Stocks and contracts in progress3 | €16.1m | €12.7m | €19.1m | €12.7m | €17.9m | - |
| Stocks30/36 | - | €12.7m | €19.1m | €12.7m | €17.9m | - |
| Goods purchased for resale34 | - | €12.7m | €19.1m | €12.7m | €17.9m | - |
| Amounts receivable within one year40/41 | €2.4m | €2.4m | €4.1m | €2.3m | €2.2m | - |
| Trade receivables40 | - | €2.2m | €4.0m | €2.1m | €2.0m | - |
| Other amounts receivable41 | - | €198,513 | €88,848 | €210,212 | €194,493 | - |
| Cash at bank and in hand54/58 | €241,394 | €818,710 | €211,204 | €118,922 | €292,062 | - |
| Deferred charges and accrued income490/1 | - | €33,190 | €11,519 | €59,843 | €26,225 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €18.9m | €16.0m | €23.4m | €15.4m | €20.7m | - |
| Equity10/15 | €11.6m | €14.0m | €13.2m | €13.0m | €12.7m | - |
| Contributions10/11 | €104,150 | €104,150 | €104,150 | €104,150 | €104,150 | - |
| Capital10 | - | €104,150 | €104,150 | €104,150 | €104,150 | - |
| Issued capital100 | - | €104,150 | €104,150 | €104,150 | €104,150 | - |
| Reserves13 | €11.5m | €13.9m | €13.1m | €12.9m | €12.6m | - |
| Non-distributable reserves130/1 | - | €10,415 | €10,415 | €10,415 | €10,415 | - |
| Legal reserve130 | - | €10,415 | €10,415 | €10,415 | €10,415 | - |
| Tax-exempt reserves132 | - | €1.7m | €1.3m | €768,704 | €6,247 | - |
| Distributable reserves133 | - | €12.2m | €11.8m | €12.1m | €12.6m | - |
| Provisions and deferred taxes16 | €82,372 | €33,748 | €7,632 | €0 | - | - |
| Provisions for liabilities and charges160/5 | - | €33,748 | €7,632 | €0 | - | - |
| Other liabilities and charges164/5 | - | €33,748 | €7,632 | €0 | - | - |
| Amounts payable17/49 | €7.2m | €2.0m | €10.2m | €2.4m | €7.9m | - |
| Amounts payable after more than one year17 | €80,000 | €80,000 | €80,000 | €0 | - | - |
| Other amounts payable178/9 | - | €80,000 | €80,000 | €0 | - | - |
| Amounts payable within one year42/48 | €7.1m | €1.9m | €10.1m | €2.4m | €7.9m | - |
| Financial debts43 | - | €0 | €7.6m | €603,111 | €5.0m | - |
| Credit institutions430/8 | - | €0 | €7.6m | €603,111 | €5.0m | - |
| Trade debts44 | €982,020 | €1.3m | €930,082 | €841,642 | €1.9m | - |
| Suppliers440/4 | - | €1.3m | €930,082 | €841,642 | €1.9m | - |
| Advances received on contracts in progress46 | - | €66,706 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €558,285 | €304,515 | €920,135 | €1.0m | - |
| Taxes450/3 | - | €386,733 | €126,614 | €760,147 | €850,425 | - |
| Remuneration and social security454/9 | - | €171,552 | €177,902 | €159,988 | €161,977 | - |
| Other amounts payable47/48 | - | €0 | €1.2m | €0 | - | - |
| Accrued charges and deferred income492/3 | - | €2,225 | €50,631 | €17,275 | €12,279 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.4m | €2.5m | €1.1m | €1.4m | €1.6m | - |
| + Depreciation and write-downs630 | €80,700 | €36,706 | €21,877 | €39,104 | €51,771 | - |
| Operating cash flow (approximation) | €2.5m | €2.5m | €1.2m | €1.4m | €1.6m | - |
| Investment in fixed assets (approximation) | - | -€16,392 | -€31,881 | -€175,126 | - | - |
| Change in cash | - | €577,316 | -€607,506 | -€92,282 | - | - |
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
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
29-02
Financial
Liquidity triplescurrent ratio 6.44
Current ratio from 2.32 to 6.44; short-term debt falls from €10.1m to €2.4m.
2023
08-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
28-02
Financial
Highest result since 2019net €2.5m ▲2.4%
Operating result €3.3m, net result €2.5m, both a record.
28-02
Financial
Liquidity triplescurrent ratio 8.41
Current ratio from 2.63 to 8.41; short-term debt falls from €7.1m to €1.9m.
2021
17-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
28-02
Financial
Equity above €10mEq €11.6m ▲26.2%
3 profitable years in a row build equity to €11.6m.
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
12-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts
We know of 17 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
17 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, Hooglede · 2 establishment units since 1999
Ground area
1.4 ha
Building footprint
2,665 m²
Volume, LiDAR
17,207 m³
2 parcels, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
DEX NV
since 19992.092.533.389
Beversesteenweg 604, 8800 Roeselare
since 20112.200.851.311
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36005B0539/00C000 | Flanders | 8,269 m² | 1 · 1,169 m² | 7.5 m · 2 fl. |
| 36505C0007/00N000 | Flanders | 5,423 m² | 1 · 1,496 m² | 7.8 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
1 ownerChain of control
Highest known parent: Flanders Capital. The sources do not say who stands above it.
Owners 1
- REMAXXparentSourceaccounts REMAXX 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 649 EUR awarded · 1,065 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 169 EUR | 169 EUR |
| 2024 | 1 | 480 EUR | 480 EUR |
| 2023 | 1 | 0 EUR | 416 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
6994004KRK5JNBB71A51
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Of 10,664 companies in sector 47811 we hold annual accounts for 5,227. 758 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
Founded04-10-1999
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466985120
Registered
12-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.