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DEXION

Active
Public limited companyfounded 2014active for 12 yearsEsplanade 50, 1020 Brussel, BelgiumKBO/BCE: BE 0543.989.955
Summary

DEXION has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €42,362. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 58% of 2,420 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Insulation installation
NACE 43230Wholesale of other machinery and equipment NACE 46649
1 site
Size
€7.8mturnover 2025
Staff
11.1 FTE
Equity
€1.4m
Profit
€42,362
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Gonvarri Material Handling AS · 99.93%
Board
5 members
Auditor: KPMG Réviseurs d'EntreprisesAccounts 60 days early
Why 92raises riskSize: turnover €7.8m, 11.1 FTE, total assets €3.0mlowers riskLiquidity: current ratio 1.94, cash €1.3mFigures for financial year 2025 (filed 02-06-2026)Equity €1.4m (48.7% of total assets)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Strong
Solvency 74+23
equity 48.7% of total assets
Liquidity 74+53
short-term debt 51.3% · cash 44.5%
Profitability 55-12
return on assets 1.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (2,641 companies, NACE 43, small)
Last 24 months 11-2024: 0.4%highest value 12-2024: 0.3%▼ -0.1 percentage points vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.2%▼ -0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.94, compared with 1.35 in 2024; short-term debt: 51.3% and cash: 44.5% of total assets), but 51.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 66% on solvency, 89% on liquidity, 26% on profitability and 23% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 1.94, cash €1.3m
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 02-06-2026)
NBB · annual accounts
lowers risk · Equity €1.4m (48.7% of total assets)
NBB · annual accounts
raises risk · Size: turnover €7.8m, 11.1 FTE, total assets €3.0m
The company's size counts in the probability; how much depends on the rest of its profile.
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 days early
2024
72 days early
2023
16 days early
2022
55 days early
2021
59 days early
2020
43 days early
2019
43 days 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 50 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: Mario Ruiz Escribano (director)Appointment: Andrés Mugica Achalandabaso (director)…
  3. Permanent representative: Dieter VanloockPower of attorney

Key points

  • Caution: Result fell in 2025from €516,537 to €42,362 ▼ 91.8% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Gonvarri Material Handling ASknown shareholders 100% 99.93% View
  • Positive: 7 profitable years in a rowprofit 2025: €42,362 7 years View
  • Board changedlatest change 09-01-2026 · 5 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Turnover
€7.8m
Profit
€42,362
Solvency
48.7%
Turnover▼ 40.8%
Net result
20182025
Go to Financials

Board & ownership

Board
5 members
Parent
Gonvarri Material Handling AS · 99.93%
Known shareholders
100%
Auditor
KPMG Réviseurs d'Entreprises
  • Jesus Calvo MoreiraChair
  • Guido De CockDirector
  • Sergio Rodriguez CuestaDirector
  • Andrés Mugica AchalandabasoDirector
  • Robertus NasDirector
Go to Board & ownership

Timeline

Events
33
Since
2014
Next accounts
by 31-07-2027
  1. 05-11-2025Permanent representatives: Kristof Van Linden and Dieter…
  2. 22-08-2025Reappointments: Jesus Calvo Moreira, Guido De Cock…
  3. 20-05-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Insulation installationNACE 43230
Founded
10-01-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Het ontwerpen, de verkoop via alle distributiekanalen, de installatie en…
Go to Articles of association

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