DGE INNOVATION
ActiveThe computed 12-month bankruptcy probability of DGE INNOVATION is 2.1% (moderate). The 2025 annual accounts show equity of €86k and a net result of €47k. Equity is growing by ~49.1% per year across the filed fiscal years. Its solvency ranks better than 50% of 27787 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency72▲+7
Growth78=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 6.66 against 1.46 in 2024; short-term debt: 14.6% and cash: 21.3% of total assets), but 53% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
47%
Return on assets
25.9%
Age of the figures
9 mo
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 · 5 filingsDeviation from the deadline
2025
14 d early
2024
31 d early
2023
29 d early
2022
28 d early
2021
34 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€86k▲ 113%
2024 · €40k
2021: €13k
2022: €29k
2023: €31k
2024: €40k
2021 → 2025
Total assets
€183k▲ 82.4%
2024 · €101k
2021: €26k
2022: €79k
2023: €51k
2024: €101k
2021 → 2025
Net result
€47k▲ 6.6%
2024 · €44k
2021: €10k
2022: €17k
2023: €4k
2024: €44k
2021 → 2025
Working capital
€152k▲ 448%
2024 · €28k
2021: €11k
2022: €22k
2023: €25k
2024: €28k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€29k▲ 117%€31k▲ 8.5%€40k▲ 29.4%€86k▲ 113%
Operating result€13k-€23k▲ 77.0%€6k▼ 73.1%€60k▲ 879%€67k▲ 12.7%
Net result€10k-€17k▲ 66.4%€4k▼ 76.4%€44k▲ 998%€47k▲ 6.6%
Turnover and EBIT margin not published: the micro 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 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €183k
Fixed assets
€5k▼ 60.2%
Current assets
€178k▲ 103%
Equity and liabilities €183k
Equity
€86k▲ 113%
Debt
€97k▲ 61.8%
The debt ratio falls from 59.7% to 53.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75k▲
2024 · €68k
Cash flow
€55k▲
2024 · €53k
Solvency
47.0%▲
2024 · 40.3%
Current ratio
6.66▲
2024 · 1.46
Quick ratio
2.02▲
2024 · 1.46
Debt / equity
1.13▼
2024 · 1.48
ROE
55.0%▼
2024 · 109.9%
ROA
25.9%▼
2024 · 44.2%
Interest coverage
25.24▼
2024 · 118.16
Debt
€97k▲
2024 · €60k
Debt ≤ 1 year
€27k▼
2024 · €60k
Debt > 1 year
€70k
Income taxes
€17k▲
2024 · €15k
Staff costs
€23k▼
2024 · €24k
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€101k€183k▲
Fixed assets21/28€13k€5k▼
Tangible fixed assets22/27€13k€5k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€11k€4k▼
Current assets29/58€88k€178k▲
Stocks and contracts in progress3-€124k
Stocks30/36-€124k
Amounts receivable within one year40/41€17k€11k▼
Trade receivables40€12k€7k▼
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€66k€39k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€101k€183k▲
Equity10/15€40k€86k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€37k€83k▲
Amounts payable17/49€60k€97k▲
Amounts payable after more than one year17-€70k
Financial debts170/4-€70k
Amounts payable within one year42/48€60k€27k▼
Current portion of amounts payable after more than one year42€6k€4k▼
Trade debts44€18k€8k▼
Suppliers440/4€18k€8k▼
Taxes, remuneration and social security45-€11k
Taxes450/3-€8k
Remuneration and social security454/9-€3k
Other amounts payable47/48€35k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€24k€23k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€93k€99k▲
Operating profit (loss)9901€60k€67k▲
Financial income75/76B€121€1▼
Recurring financial income75€121€1▼
Financial charges65/66B€574€3k▲
Recurring financial charges65€574€3k▲
Profit (loss) for the period before taxes9903€59k€64k▲
Income taxes67/77€15k€17k▲
Profit (loss) for the period9904€44k€47k▲
Profit (loss) for the period to be appropriated9905€44k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€85k▲
Profit (loss) brought forward from the previous period14P€28k€37k▲
Profit to be distributed694/7€35k€2k▼
Return on contributions (dividend)694€35k€2k▼
The notes to these accounts (5 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
Highest result since 2021net €47k ▲6.6%
Operating result €67k, net result €47k, both a record.
31-12
Financial
Liquidity times 5current ratio 6.66
Current ratio from 1.46 to 6.66; short-term debt falls from €60k to €27k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €4k ▼76.4%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Walhain · 1 establishment unit since 2020
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.
Rue Hautbiermont(NSV) 11457 WalhainGround area
2,147 m²
Building footprint
226 m²
Volume, LiDAR
1,298 m³
2 parcels, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DGE INNOVATION
since 20202.309.122.414
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25071D0053/00E000 | Wallonia | 1,261 m² | 1 · 162 m² | 7.2 m · 2 fl. |
| 25071C0634/00E000 | Wallonia | 886 m² | 1 · 63 m² | 9.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,042 companies in sector 43221 we hold annual accounts for 3,471. 3,065 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2020
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.