Equity
DGEX paid out €41,500 in dividends. That is 42% of the 2025 profit.
DGEX paid out €41,500 in dividends. That is 42% of the 2025 profit.
The last five annual accounts were filed 0 to 122 days before the end of the period.
Higher net result than 90% of companies in advertising and market research. Sector median €14,764 · 8,615 companies.
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 73, micro). It does better than 87% of them on solvency, 47% on liquidity, 73% on profitability and 70% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Liquidity is tight, with a current ratio of 1.03 (1.0 in 2024), below the usual 1.5. Short-term debt is 20.3% and cash 9.4% of total assets. 23.9% of the assets are financed with debt and provisions.
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.
The company filed its last 6 accounts on average 55 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Shares in 3 companies, including Dgex sarl and GARCIA – DGEX.
Board & ownership| Company | ||||
|---|---|---|---|---|
| DGEX Boussu | €446,354 | €96,051 | 76.1% | - |
| SERRPA Chièvres | €462,394 | €78,569 | 76.0% | - |
| CONCEPT EMPTIUM Tournai | €395,259 | €96,668 | 36.1% | - |
| THE SALES REF Pajottegem | €465,197 | €102,177 | 96.5% | - |
| OPCM Consulting Waterloo | €444,674 | €97,019 | 80.9% | - |
| INSTAR Mechelen | €446,425 | €106,580 | 44.8% | - |
| OUTLOUD Wevelgem | €502,561 | €103,349 | 68.0% | - |
These companies have the same main activity as DGEX: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €395,000 and €503,000, founded between 2018 and 2020.
DGEX files the micro format. That format states no turnover. The gross margin rose from €50,266 in 2020 to €96,051 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €210,000. Estimated: probably between €180,000 and €270,000.
Higher than 73% of 8,614 companies in 2025.
Higher than 25% of 8,290 companies in 2025.
Higher than 69% of 8,399 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
446,354 | 452,079 | 454,179 | 589,087 | 467,598 | 353,438 | |
21/28 |
353,335 | 329,015 | 317,413 | 317,820 | 318,040 | 318,708 | |
22/27 |
874 | 1,555 | 1,953 | 2,359 | 2,580 | 3,248 | |
24 |
874 | 1,555 | 1,953 | 2,359 | 2,580 | 3,248 | |
28 |
352,460 | 327,460 | 315,460 | 315,460 | 315,460 | 315,460 | |
29/58 |
93,020 | 123,063 | 136,766 | 271,267 | 149,558 | 34,730 | |
40/41 |
49,379 | 3,515 | 31,846 | 50,633 | 15,983 | 11,657 | |
40 |
14,097 | - | 21,664 | 27,841 | 15,864 | 11,650 | |
41 |
35,282 | 3,515 | 10,182 | 22,792 | 119 | 7 | |
54/58 |
41,765 | 119,548 | 104,838 | 219,322 | 132,269 | 23,073 | |
490/1 |
1,876 | - | 82 | 1,312 | 1,306 | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
446,354 | 452,079 | 454,179 | 589,087 | 467,598 | 353,438 | |
10/15 |
339,869 | 282,075 | 236,724 | 400,461 | 246,218 | 77,055 | |
10/11 |
45,000 | 45,000 | 45,000 | 45,000 | 45,000 | - | |
11 |
- | - | - | - | - | 45,000 | |
1100/10 |
- | - | - | - | - | 45,000 | |
14 |
294,869 | 237,075 | 191,724 | 355,461 | 201,218 | 32,055 | |
17/49 |
106,485 | 170,004 | 217,455 | 188,626 | 221,380 | 276,383 | |
17 |
15,902 | 47,345 | 83,600 | 124,478 | 164,640 | 204,100 | |
170/4 |
15,902 | 47,345 | 83,600 | 124,478 | 164,640 | 204,100 | |
42/48 |
90,520 | 122,658 | 133,855 | 60,362 | 54,078 | 72,030 | |
42 |
34,042 | 39,804 | 43,540 | 40,162 | 39,460 | 41,179 | |
44 |
3,029 | 572 | 1,715 | 6,739 | 508 | 255 | |
440/4 |
3,029 | 572 | 1,715 | 6,739 | 508 | 255 | |
45 |
4,289 | 797 | 24,556 | 7,621 | 10,583 | 9,760 | |
450/3 |
4,289 | 797 | 24,556 | 7,621 | 8,504 | 7,310 | |
454/9 |
- | - | - | - | 2,078 | 2,450 | |
47/48 |
49,160 | 81,485 | 64,043 | 5,839 | 3,528 | 20,835 | |
492/3 |
63 | - | - | 3,786 | 2,662 | 253 | |
| Income statement | |||||||
76A |
- | 237 | 59 | - | - | - | |
9900 |
96,051 | 98,802 | 197,763 | 190,407 | 80,460 | 50,266 | |
630 |
681 | 1,555 | 1,421 | 1,197 | 809 | 225 | |
640/8 |
1,279 | 764 | 491 | 780 | - | 50 | |
66A |
- | 316 | - | 571 | 548 | - | |
9901 |
94,091 | 96,167 | 195,852 | 187,859 | 79,103 | 49,991 | |
75/76B |
35,000 | 55,000 | 10,000 | 15,004 | 110,000 | 0 | |
75 |
35,000 | 55,000 | 10,000 | 15,004 | 110,000 | 0 | |
65/66B |
3,033 | 3,782 | 3,806 | 5,448 | 4,967 | 9,697 | |
65 |
3,033 | 3,782 | 3,806 | 5,448 | 4,967 | 9,697 | |
9903 |
126,058 | 147,385 | 202,046 | 197,415 | 184,136 | 40,294 | |
67/77 |
26,764 | 27,034 | 45,783 | 43,172 | 14,973 | 8,239 | |
9904 |
99,294 | 120,351 | 156,263 | 154,243 | 169,163 | 32,055 | |
9905 |
99,294 | 120,351 | 156,263 | 154,243 | 169,163 | 32,055 | |
| Appropriation of the result | |||||||
9906 |
336,369 | 312,075 | 511,724 | 355,461 | 201,218 | 32,055 | |
14P |
237,075 | 191,724 | 355,461 | 201,218 | - | - | |
694/7 |
41,500 | 75,000 | 320,000 | - | - | - | |
694 |
41,500 | 75,000 | 320,000 | - | - | - | |
| Document | |||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 24-11-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 24-11-2025 | 2025-00569566 | |
| 30-06-2024 | micro format | 01-10-2024 | 2024-00484217 | |
| 30-06-2023 | micro format | 28-11-2023 | 2023-00516900 | |
| 30-06-2022 | full format | 31-01-2023 | 2023-00019252 | |
| 30-06-2021 | micro format | 23-12-2021 | 2021-81400491 | |
| 30-06-2020 | micro format | 28-12-2020 | 2020-77300348 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 94,772 | 97,722 | 197,272 | 189,056 | 79,912 | 50,216 | ||
| 99,975 | 121,906 | 157,683 | 155,440 | 169,972 | 32,280 | ||
| 25,000 | 13,157 | 1,014 | 1,547 | 689 | 318,933 | ||
| -77,783 | 14,711 | -114,485 | 87,053 | 109,196 | - | ||
| 2,500 | 405 | 2,911 | 210,905 | 95,480 | -37,300 | ||
| 76.1% | 62.4% | 52.1% | 68.0% | 52.7% | 21.8% | ||
| 1.03 | 1.00 | 1.02 | 4.49 | 2.77 | 0.48 | ||
| 0.31 | 0.60 | 0.92 | 0.47 | 0.90 | 3.59 | ||
| 29.2% | 42.7% | 66.0% | 38.5% | 68.7% | 41.6% | ||
| 22.2% | 26.6% | 34.4% | 26.2% | 36.2% | 9.1% | ||
| 31.24 | 25.84 | 51.83 | 34.70 | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,157 | €1,014 | €1,547 |
| Financial fixed assets | €25,000 | €12,000 | - | - |
| €681 | €1,555 | €1,421 | €1,197 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 2% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 37.6% to 23.9%. Equity is higher and debt is lower.
Source: list of holdings in its own 30-06-2025 accounts. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.
Source for every holding own accounts 30-06-2025
| Name | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Dgex sarlLU | 100% | |||||
| GARCIA – DGEX. | 100% | |||||
| GDC GROUP | 50% | |||||
Source: list of holdings in its own accounts
The network starts from the directors of DGEX. Every other company they run is a node.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue du Moulin 37 registered office 7300 Boussu | ||
| Chemin du Caillou-qui-Bique 20 7387 Honnelles 63920 Other information service activities | 02-07-2019 | 2.291.299.950 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 53069B0321/00R000 | 2,230 m² | 1 · 58 m² | 13.9 m · 1 |
| 53014A0239/00C005 | 86 m² | 1 · 83 m² | 12.3 m · 3 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
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