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DEXO

Active Private limited companyfounded 2019active for 7 yearsGuldensporenstraat 27, 8560 WevelgemKBO/BCE: BE 0728.446.640

Lifetime

6 annual accounts with figures on one time axis
peak €39,934 (2021)
€30,637▲ 26.5%
lowest -€14,360 (2023)
€7,393▼ 27.2%
peak €36,369 (2021)
€27,848▲ 30.8%
€76,220▲ 59.7%
Board1 name since 2019
1 directorEXTER Diégo
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €24,221 to €30,637Result from €10,149 to €7,393Dividend €833Equity from €21,288 to €27,848Debts from €47,729 to €76,220Investments €54,868

Key points

from the 2025 annual accounts

Equity

€27,848 ▲ 30.8%
21,2882024+7,393Profit-833Dividend27,8482025

DEXO paid out €833 in dividends. That is 11% of the 2025 profit.

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Debts

€76,220 73% of the balance sheet
Financial debts 33%Suppliers 1%Taxes and wages 5%Other 60%

Of this, €50,836 falls due within a year.

Investments

€54,868 3.0 × depreciation
2021202220232025

Green is investment, beige is depreciation.

Filings

6 annual accounts since 2020
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 0 to 34 days before the end of the period.

Checked score

70
Healthy
Financially stronger than 50% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.2% 01-2025: 3.2%● unchanged vs 12-2024highest value 02-2025: 2.0%▼ -1.2 percentage points vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.2%▲ +0.2 percentage points vs 03-2025 05-2025: 2.1%▼ -0.1 percentage points vs 04-2025 06-2025: 2.2%▲ +0.1 percentage points vs 05-2025 07-2025: 2.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▼ -1.8 percentage points vs 07-2025 09-2025: 0.4%▼ -0.1 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026lowest value 03-2026: 0.4%● unchanged vs 02-2026lowest value 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.1 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026

Financial strength
Strong

52-4equity 26.8% of total assets
50-19short-term debt 48.8% · cash 19.2%
78-9return on assets 7.1%

Score breakdown

raises risk
Founded in 2019
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 0.80, cash €19,933
Figures for financial year 2025 (filed on 31-07-2026)
Calculation

The band follows from the bankruptcy probability. 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, micro). It does better than 28% of them on solvency, 42% on liquidity, 54% on profitability and 75% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 6,713 companies had the same profile as DEXO has now. Each dot stands for 17 companies, two years later.

95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DEXO itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,713 companies, not a prediction for DEXO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.8 (1.02 in 2024), below 1. Short-term debt is 48.8% and cash 19.2% of total assets. 73.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 0.80, cash €19,933
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed on 31-07-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year €27,848
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 31-07-2026, 0 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
on the day
2024
2 days early
2023
31 days early
2022
34 days early
2021
3 days early
2020
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 16 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 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 28 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

ED
Director, since 13-06-2019
  • EXTER Diégo 100 sharesdeed of 17-06-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0728446640
Registered office moved from Rumbeke to Wevelgem New registered office: Guldensporenstraat 27, 8560 Wevelgem · Previous registered office: Vijfwegenstraat 99 bus 22, 8800 Rumbeke · Gazette deed
First establishment Guldensporenstraat 27, Wevelgem
Incorporation Founding capital of €3,000, 100 shares · Founder: EXTER Diégo · Appointment: EXTER Diégo (director) · published on 17-06-2019 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
DEXO Wevelgem €104,068 €30,637 26.8% -
VANLERBERGHE SERVICE Zedelgem €113,081 €34,551 28.3% -
Grondwerken Dimitri De Beuf Pajottegem €103,787 €25,733 49.9% -
CREASTONE Balen €94,823 €26,509 58.9% -
Decoart Construct Sint-Gillis (bij-Brussel) €108,262 €30,131 66.8% -
MATTI ALBRECHT Merchtem €86,168 €29,703 48.6% -
SERVICE 7/7 Oostrozebeke €79,662 €34,477 45.7% -

These companies have the same main activity as DEXO: site preparation (NACE 43120). They are comparable in size and age: total assets between €79,700 and €113,000, founded between 2018 and 2020.

Official details

Source: KBO
Status
Active since 13-06-2019Normal situation
Activity
Site preparationNACE 43120and 1 other
Establishment unit
2.290.801.6868560 Wevelgem, since 08-07-2019
Financial year end
31 December
Peppol
Reachable since 20-10-2025
Company details

Annual accounts 2025

€104,068▲ 50.8%
Filing
Filed on 31-07-2026, on the last day of the filing period
Financials

Insights on DEXO

DEXO files the micro format. That format states no turnover. The gross margin rose from €23,384 in 2020 to €30,637 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DEXO

What is the company number of DEXO?
The company number of DEXO is 0728.446.640. The VAT number is the same number with BE in front: BE 0728.446.640.
Where is DEXO based?
The registered office is at Guldensporenstraat 27, 8560 Wevelgem.Company details
What does DEXO do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of DEXO?
DEXO is a private limited company (BV).
When was DEXO founded?
DEXO was founded on 13-06-2019.
Is DEXO still active?
Yes, DEXO is an active enterprise in the KBO register.
What is the turnover of DEXO?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €30,637 and 30 comparable companies (NACE 431). It probably lies between €110,000 and €370,000.Financials
Is DEXO profitable?
In financial year 2025, DEXO made a profit of €7,393.
Where can I find the annual accounts of DEXO?
DEXO filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEXO due?
DEXO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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