DGC
ActiveSummary
DGC has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€578,428) and a net result of €4,483. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 7% of 10519 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability47▲+3
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.6 in 2024; short-term debt: 81% and cash: 8.9% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 →
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
-44%
Return on assets
0.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 10519 sector peers (2025).
NBB · sector comparisonPosition among 10519 sector peers
Solvency
better than 7%
← 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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
27 d late
2023
29 d late
2022
41 d early
2021
38 d early
2020
31 d early
2019
8 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 10 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 (2)
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. Usually files around 23 July (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 employer in Vorselaar#5 company by total assets in Vorselaar, Wholesale and retail trade sector#10 oldest company in Vorselaar, Wholesale and retail trade sector
Equity
-€578,428▲ 0.8%
2024 · -€582,911
Total assets
€1.3m▲ 10.0%
2024 · €1.2m
Net result
€4,483▲ 631%
2024 · €613
Working capital
-€333,254▲ 16.3%
2024 · -€398,009
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
Line20212022202320242025
Operating result€66,349▲ 5.9%€75,280▲ 13.5%€50,333▼ 33.1%€60,206▲ 19.6%€65,307▲ 8.5%
Net result€1,288below the sector's middle half▼ 72.0%€971below the sector's middle half▼ 24.7%€864below the sector's middle half▼ 11.0%€613below the sector's middle half▼ 29.1%€4,483within the sector's middle half▲ 631%
Equity-€585,359below the sector's middle half▲ 0.2%-€584,388below the sector's middle half▲ 0.2%-€583,524below the sector's middle half▲ 0.1%-€582,911below the sector's middle half▲ 0.1%-€578,428below the sector's middle half▲ 0.8%
Total assets€1.2mwithin the sector's middle half▼ 12.3%€1.4mwithin the sector's middle half▲ 13.3%€1.1mwithin the sector's middle half▼ 21.2%€1.2mwithin the sector's middle half▲ 7.8%€1.3mwithin the sector's middle half▲ 10.0%
Debt€1.8m▼ 8.8%€2.0m▲ 9.0%€1.7m▼ 15.0%€1.8m▲ 5.1%€1.9m▲ 6.5%
Working capital-€332,229below the sector's middle half▲ 11.5%-€298,395below the sector's middle half▲ 10.2%-€295,208below the sector's middle half▲ 1.1%-€398,009below the sector's middle half▼ 34.8%-€333,254below the sector's middle half▲ 16.3%
Solvency-47.2%below the sector's middle half▼ 5.7pp-41.6%below the sector's middle half▲ 5.6pp-52.7%below the sector's middle half▼ 11.1pp-48.8%below the sector's middle half▲ 3.9pp-44.0%below the sector's middle half▲ 4.8pp
Current ratio0.60below the sector's middle half=0.72below the sector's middle half▲ 0.120.65below the sector's middle half▼ 0.070.60below the sector's middle half▼ 0.050.69below the sector's middle half▲ 0.09
Return on assets (ROA)0.1%below the sector's middle half▼ 0.2pp0.1%below the sector's middle half=0.1%below the sector's middle half=0.1%below the sector's middle half=0.3%within the sector's middle half▲ 0.3pp
Staff (FTE)11.2above the sector's middle half▼ 19.4%11.7above the sector's middle half▲ 4.5%12above the sector's middle half▲ 2.6%12.9above the sector's middle half▲ 7.5%15.8above the sector's middle half▲ 22.5%
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.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€582,224 ▼ 2.0%
Current assets
€731,330 ▲ 22.0%
Key figures and ratios
EBITDA
€192,620▲
2024 · €172,309
Cash flow
€131,796▲
2024 · €112,716
Quick ratio
0.24▲
2024 · 0.15
Debt to equity
-3.27▼
2024 · -3.05
Interest coverage
3.29▲
2024 · 3.00
Debt ≤ 1 year
€1.1m▲
2024 · €997,375
Debt > 1 year
€802,083▲
2024 · €768,750
Income taxes
€2,819▲
2024 · €2,250
Staff costs
€673,867▲
2024 · €490,825
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 517 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 92% are still going.
- Small
- 20 years or older
- negative equity
- a profit under 5% of the balance sheet
2.5%
went bankrupt
3.9%
stopped otherwise
92%
still going
A further 1.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 517 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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €400,604 | €514,745 | €487,969 | €490,825 | €673,867 | ▲ 37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €141,528 | €126,426 | €102,481 | €112,103 | €127,313 | ▲ 13.6% |
| Other operating charges640/8 | €1,989 | €1,918 | €2,194 | €16,821 | €17,905 | ▲ 6.4% |
| Non-recurring operating charges66A | - | €1,663 | €0 | - | - | - |
| Gross operating margin9900 | €610,470 | €720,031 | €642,978 | €679,955 | €884,392 | ▲ 30.1% |
| Operating profit (loss)9901 | €66,349 | €75,280 | €50,333 | €60,206 | €65,307 | ▲ 8.5% |
| Financial income75/76B | €0 | €402 | €80 | €144 | €535 | ▲ 272% |
| Recurring financial income75 | €0 | €402 | €80 | €144 | €535 | ▲ 272% |
| Financial charges65/66B | €61,545 | €63,557 | €49,549 | €57,487 | €58,540 | ▲ 1.8% |
| Recurring financial charges65 | €61,545 | €63,557 | €49,549 | €57,487 | €58,540 | ▲ 1.8% |
| Profit (loss) for the period before taxes9903 | €4,804 | €12,125 | €864 | €2,863 | €7,302 | ▲ 155% |
| Income taxes67/77 | €3,516 | €11,154 | €0 | €2,250 | €2,819 | ▲ 25.3% |
| Profit (loss) for the period9904 | €1,288 | €971 | €864 | €613 | €4,483 | ▲ 631% |
| Profit (loss) for the period to be appropriated9905 | €1,288 | €971 | €864 | €613 | €4,483 | ▲ 631% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.4m | €1.1m | €1.2m | €1.3m | ▲ 10.0% |
| Fixed assets21/28 | €746,726 | €638,393 | €555,435 | €594,306 | €582,224 | ▼ 2.0% |
| Tangible fixed assets22/27 | €746,726 | €638,393 | €555,435 | €594,306 | €582,224 | ▼ 2.0% |
| Plant, machinery and equipment23 | €29,624 | €23,999 | €24,987 | €13,512 | €31,900 | ▲ 136% |
| Furniture and vehicles24 | €10,989 | €623 | €157 | €9,260 | €10,849 | ▲ 17.2% |
| Other tangible fixed assets26 | €706,113 | €613,771 | €530,291 | €571,533 | €539,475 | ▼ 5.6% |
| Current assets29/58 | €493,453 | €766,726 | €551,612 | €599,366 | €731,330 | ▲ 22.0% |
| Stocks and contracts in progress3 | €344,675 | €405,508 | €437,461 | €446,080 | €474,257 | ▲ 6.3% |
| Stocks30/36 | €344,675 | €405,508 | €437,461 | €446,080 | €474,257 | ▲ 6.3% |
| Amounts receivable within one year40/41 | €140,928 | €216,808 | €94,435 | €111,658 | €125,538 | ▲ 12.4% |
| Trade receivables40 | €131,899 | €208,225 | €93,960 | €108,005 | €115,123 | ▲ 6.6% |
| Other amounts receivable41 | €9,029 | €8,583 | €475 | €3,653 | €10,415 | ▲ 185% |
| Cash at bank and in hand54/58 | €7,850 | €144,411 | €19,717 | €27,528 | €117,435 | ▲ 327% |
| Deferred charges and accrued income490/1 | €0 | - | - | €14,100 | €14,100 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.4m | €1.1m | €1.2m | €1.3m | ▲ 10.0% |
| Equity10/15 | -€585,359 | -€584,388 | -€583,524 | -€582,911 | -€578,428 | ▲ 0.8% |
| Contributions10/11 | €213,545 | €213,545 | €213,545 | €213,545 | €213,545 | = |
| Reserves13 | €78,146 | €78,146 | €78,146 | €78,146 | €78,146 | = |
| Non-distributable reserves130/1 | €21,354 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €21,354 | €0 | - | - | - | - |
| Distributable reserves133 | €56,792 | €78,146 | €78,146 | €78,146 | €78,146 | = |
| Profit (loss) carried forward14 | -€877,049 | -€876,079 | -€875,215 | -€874,602 | -€870,118 | ▲ 0.5% |
| Amounts payable17/49 | €1.8m | €2.0m | €1.7m | €1.8m | €1.9m | ▲ 6.5% |
| Amounts payable after more than one year17 | €993,750 | €918,750 | €843,750 | €768,750 | €802,083 | ▲ 4.3% |
| Financial debts170/4 | €393,750 | €318,750 | €243,750 | €168,750 | €202,083 | ▲ 19.8% |
| Other amounts payable178/9 | €600,000 | €600,000 | €600,000 | €600,000 | €600,000 | = |
| Amounts payable within one year42/48 | €825,682 | €1.1m | €846,821 | €997,375 | €1.1m | ▲ 6.7% |
| Current portion of amounts payable after more than one year42 | €75,000 | €75,000 | €75,000 | €75,000 | €95,000 | ▲ 26.7% |
| Financial debts43 | €151,096 | €20,303 | €127,782 | €134,740 | €80,253 | ▼ 40.4% |
| Credit institutions430/8 | €151,096 | €20,303 | €107,440 | €134,740 | €80,253 | ▼ 40.4% |
| Other loans439 | - | - | €20,342 | €0 | - | - |
| Trade debts44 | €535,815 | €529,109 | €444,453 | €585,182 | €759,231 | ▲ 29.7% |
| Suppliers440/4 | €535,815 | €529,109 | €444,453 | €585,182 | €759,231 | ▲ 29.7% |
| Taxes, remuneration and social security45 | €57,452 | €86,840 | €100,252 | €77,663 | €113,718 | ▲ 46.4% |
| Taxes450/3 | €4,015 | €8,857 | €23,802 | €2,250 | €9,751 | ▲ 333% |
| Remuneration and social security454/9 | €53,437 | €77,983 | €76,450 | €75,413 | €103,967 | ▲ 37.9% |
| Other amounts payable47/48 | €6,318 | €353,869 | €99,334 | €124,790 | €16,382 | ▼ 86.9% |
| Accrued charges and deferred income492/3 | €6,106 | €5,635 | €0 | €10,457 | €25,314 | ▲ 142% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,288 | €971 | €864 | €613 | €4,483 | ▲ 631% |
| + Depreciation and write-downs630 | €141,528 | €126,426 | €102,481 | €112,103 | €127,313 | ▲ 13.6% |
| Operating cash flow (approximation) | €142,816 | €127,396 | €103,346 | €112,716 | €131,796 | ▲ 16.9% |
| Investment in fixed assets (approximation) | - | -€18,092 | -€19,523 | -€150,974 | -€115,232 | ▲ 23.7% |
| Change in cash | - | €136,560 | -€124,694 | €7,811 | €89,908 | ▲ 1,051% |
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
21-08
State Gazette act
Resignation: Diederik Schellens (non-statutory director)Director discharge · Power of attorney5 facts ▸
State Gazette act
Resignation: Diederik Schellens (non-statutory director)
Director discharge · Power of attorney5 facts ▸
- General meeting, 03-07-2026
- Director resignation, Diederik Schellens (non-statutory director)
- Director discharge, Diederik Schellens
- Other statement, voting majority, eenparigheid van stemmen
- Power of attorney, BV Accratio
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €36,982
Net result €36,982 after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Vorselaar · 1 establishment unit since 2009
Ground area
2,333 m²
Building footprint
58 m²
Volume, LiDAR
649 m³
Parcel 13044G0051/00E002, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CARREFOUR
since 20092.178.738.675
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13044G0051/00E002 | Flanders | 2,333 m² | 1 · 58 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Diederik Schellens |
|
Recognitions · licences · registrations
Food safety, FASFC
1 siteVorselaar2.178.738.675
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,853. 1,915 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-04-1996
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0457850094
Registered
27-03-2026
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.