DGEF
ActiveSummary
The computed 12-month bankruptcy probability of DGEF is 7.8% (elevated). For DGEF, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €7,394 and a net result of -€5,166. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability13▼-29
Solvency32▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
7.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
7.1%
Return on assets
-5%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 20-08-2024, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
20 d late
2022
47 d early
2021
26 d late
2020
30 d late
2019
80 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 22 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€5,166
2022 · €19,642
Working capital
-€94,140▼ 54.4%
2022 · -€60,967
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€1,828--€3,920▼ 114%-€2,607▲ 33.5%-€2,934▼ 12.6%-€2,936=
Net result-€3,649--€5,941▼ 62.8%-€3,692▲ 37.9%€19,642-€5,166
Equity€2,551--€3,390-€7,082▼ 109%€12,560€7,394▼ 41.1%
Total assets€105,430-€104,269▼ 1.1%€104,719▲ 0.4%€104,630▼ 0.1%€104,182▼ 0.4%
Debt€102,879-€107,659▲ 4.6%€111,801▲ 3.8%€92,070▼ 17.6%€96,789▲ 5.1%
Working capital-€36,719--€53,764▼ 46.4%-€68,872▼ 28.1%-€60,967▲ 11.5%-€94,140▼ 54.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,936 in 2023 against €2,934 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €104,182
Fixed assets
€101,534 ▼ 0.3%
Current assets
€2,649 ▼ 5.3%
Equity and liabilities €104,182
Equity
€7,394 ▼ 41.1%
Debt
€96,789 ▲ 5.1%
Debt's share of the balance-sheet total rises from 88.0% to 92.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€2,636▼
2022 · -€2,634
Cash flow
-€4,866▼
2022 · €19,942
Current ratio
0.03▼
2022 · 0.04
Debt to equity
13.09▲
2022 · 7.33
ROE
-69.9%▼
2022 · 156.4%
ROA
-5.0%▼
2022 · 18.8%
Interest coverage
-1.18▲
2022 · -1.85
Debt ≤ 1 year
€96,789▲
2022 · €63,764
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €266 | €300 | €300 | €300 | €300 | = |
| Other operating charges640/8 | - | - | - | - | €50 | - |
| Gross operating margin9900 | -€1,561 | -€3,320 | -€2,307 | -€2,634 | -€2,586 | ▲ 1.8% |
| Operating profit (loss)9901 | -€1,828 | -€3,920 | -€2,607 | -€2,934 | -€2,936 | = |
| Financial income75/76B | - | - | - | €24,000 | - | - |
| Recurring financial income75 | - | - | - | €24,000 | - | - |
| Financial charges65/66B | - | - | €1,085 | €1,423 | €2,231 | ▲ 56.7% |
| Recurring financial charges65 | €1,821 | €2,022 | €1,085 | €1,423 | €2,231 | ▲ 56.7% |
| Profit (loss) for the period before taxes9903 | -€3,649 | -€5,941 | -€3,692 | €19,642 | -€5,166 | ▼ 126% |
| Profit (loss) for the period9904 | -€3,649 | -€5,941 | -€3,692 | €19,642 | -€5,166 | ▼ 126% |
| Profit (loss) for the period to be appropriated9905 | -€3,649 | -€5,941 | -€3,692 | €19,642 | -€5,166 | ▼ 126% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €105,430 | €104,269 | €104,719 | €104,630 | €104,182 | ▼ 0.4% |
| Fixed assets21/28 | €102,734 | €102,434 | €102,134 | €101,834 | €101,534 | ▼ 0.3% |
| Tangible fixed assets22/27 | €2,734 | €2,434 | €2,134 | €1,834 | €1,534 | ▼ 16.4% |
| Plant, machinery and equipment23 | - | - | €2,134 | €1,834 | €1,534 | ▼ 16.4% |
| Financial fixed assets28 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Current assets29/58 | €2,697 | €1,835 | €2,585 | €2,796 | €2,649 | ▼ 5.3% |
| Amounts receivable within one year40/41 | €1,332 | €734 | €1,207 | €1,714 | €2,638 | ▲ 54.0% |
| Other amounts receivable41 | - | - | €1,207 | €1,714 | €2,638 | ▲ 54.0% |
| Cash at bank and in hand54/58 | €1,365 | €1,101 | €1,378 | €1,083 | €11 | ▼ 99.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €105,430 | €104,269 | €104,719 | €104,630 | €104,182 | ▼ 0.4% |
| Equity10/15 | €2,551 | -€3,390 | -€7,082 | €12,560 | €7,394 | ▼ 41.1% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€3,649 | -€9,590 | -€13,282 | €6,360 | €1,194 | ▼ 81.2% |
| Amounts payable17/49 | €102,879 | €107,659 | €111,801 | €92,070 | €96,789 | ▲ 5.1% |
| Amounts payable after more than one year17 | €63,464 | €52,060 | €40,344 | €28,306 | - | - |
| Financial debts170/4 | - | - | €40,344 | €28,306 | - | - |
| Amounts payable within one year42/48 | €39,416 | €55,598 | €71,457 | €63,764 | €96,789 | ▲ 51.8% |
| Current portion of amounts payable after more than one year42 | - | - | €11,716 | €12,038 | - | - |
| Trade debts44 | €13,448 | €3,476 | €2,727 | €2,465 | €4,023 | ▲ 63.2% |
| Suppliers440/4 | - | - | €2,727 | €2,465 | €4,023 | ▲ 63.2% |
| Other amounts payable47/48 | - | - | €57,014 | €49,261 | €92,766 | ▲ 88.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,649 | -€5,941 | -€3,692 | €19,642 | -€5,166 | ▼ 126% |
| + Depreciation and write-downs630 | €266 | €300 | €300 | €300 | €300 | = |
| Operating cash flow (approximation) | -€3,383 | -€5,641 | -€3,392 | €19,942 | -€4,866 | ▼ 124% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€263 | €277 | -€295 | -€1,072 | ▼ 263% |
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
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €19,642
Net result €19,642 after 3 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet -€5,941
Net result drops to -€5,941, the lowest in the series; recovery starts the following year.
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 80 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 2018
Ground area
145 m²
Building footprint
145 m²
Volume, LiDAR
1,693 m³
Parcel 21002A0116/00E004, Brussels · tallest building 15.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
DGEF
since 20182.281.926.087
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0116/00E004 | Brussels | 145 m² | 1 · 145 m² | 15.3 m · 5 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.
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded09-11-2018
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.