DICOFOODS
ActiveDICOFOODS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.51M and a net result of €1.34M. Equity is growing by ~400.8% per year across the filed fiscal years. Its solvency ranks better than 12% of 6007 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability65▲+3
Solvency17▲+5
Growth76▲+3
Stability94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.01 in 2023), and 92.8% 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 46
Relative position
BE, all sectors
reference
Sector 46
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 2024Solvency, return and age of the figures
Solvency
7.2%
Return on assets
6.3%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 6007 sector peers (2024).
NBB · sector comparisonPosition among 6007 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€134.21M▲ 13.8%
2023 · €117.98M
2022: €107.65M
2023: €117.98M
2022 → 2024
EBIT margin
2.3%▲ 1.4pp
2023 · 1.0%
2022: 0.6%
2023: 1.0%
2022 → 2024
Net result
€1.34M▲ 1,407%
2023 · €89k
2022: €28k
2023: €89k
2022 → 2024
Working capital
€1.51M▲ 752%
2023 · €178k
2022: €89k
2023: €178k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€107.65M-€117.98M▲ 9.6%€134.21M▲ 13.8%
Equity€89k-€178k▲ 99.5%€1.51M▲ 752%
Operating result€663k-€1.14M▲ 71.3%€3.15M▲ 177%
Net result€28k-€89k▲ 221%€1.34M▲ 1,407%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 177% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €21.06M
Equity
€1.51M▲ 752%
Debt
€19.54M▲ 32.3%
The debt ratio falls from 98.8% to 92.8%: equity grows faster than debt.
Key figures and ratios
Solvency
7.2%▲
2023 · 1.2%
Current ratio
1.08▲
2023 · 1.01
Quick ratio
1.08▲
2023 · 1.01
Debt / equity
12.91▼
2023 · 83.09
ROE
88.3%▲
2023 · 49.9%
ROA
6.3%▲
2023 · 0.6%
Debt
€19.54M▲
2023 · €14.77M
Debt ≤ 1 year
€19.54M▲
2023 · €14.77M
Income taxes
€489k▲
2023 · €42k
Staff costs
€604k▼
2023 · €806k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€14.95M€21.06M▲
Current assets29/58€14.95M€21.06M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€14.45M€20.10M▲
Trade receivables40€11.45M€14.97M▲
Other amounts receivable41€3.00M€5.12M▲
Cash at bank and in hand54/58€488k€945k▲
Deferred charges and accrued income490/1€15k€15k=
Equity and liabilities
Total equity and liabilities10/49€14.95M€21.06M▲
Equity10/15€178k€1.51M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k▲
Non-distributable reserves130/1€6k€6k▲
Legal reserve130€6k€6k▲
Profit (loss) carried forward14€110k€1.45M▲
Amounts payable17/49€14.77M€19.54M▲
Amounts payable within one year42/48€14.77M€19.54M▲
Trade debts44€13.08M€17.47M▲
Suppliers440/4€13.08M€17.47M▲
Taxes, remuneration and social security45€198k€381k▲
Taxes450/3€70k€301k▲
Remuneration and social security454/9€128k€80k▼
Other amounts payable47/48€1.49M€1.70M▲
Income statement
Code20232024
Operating income70/76A€118.86M€134.81M▲
Turnover70€117.98M€134.21M▲
Other operating income74€880k€602k▼
Operating charges60/66A€117.73M€131.67M▲
Goods for resale, raw materials and consumables60€108.69M€121.87M▲
Purchases600/8€108.69M€121.87M▲
Services and other goods61€8.23M€9.19M▲
Remuneration, social security and pensions62€806k€604k▼
Other operating charges640/8€499€1k▲
Operating profit (loss)9901€1.14M€3.15M▲
Financial income75/76B€167k€144k▼
Recurring financial income75€167k€144k▼
Other financial income752/9€167k€144k▼
Financial charges65/66B€1.17M€1.46M▲
Recurring financial charges65€1.17M€1.46M▲
Debt charges650€290k€289k▼
Other financial charges652/9€881k€1.17M▲
Profit (loss) for the period before taxes9903€131k€1.83M▲
Income taxes67/77€42k€489k▲
Taxes670/3€42k€489k▲
Profit (loss) for the period9904€89k€1.34M▲
Profit (loss) for the period to be appropriated9905€89k€1.34M▲
Appropriation of the result
Profit (loss) to be appropriated9906€115k€1.45M▲
Profit (loss) brought forward from the previous period14P€26k€110k▲
Transfer to equity691/2€4k€336▼
To the legal reserve6920€4k€336▼
Social balance
Average headcount (FTE)90878.17.2▼
The notes to these accounts (33 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Highest result since 2022net €1.34M ▲1407%
Operating result €3.15M, net result €1.34M, both a record.
31-12
Financial
Equity above €1MEq €1.51M ▲752%
3 profitable years in a row build equity to €1.51M.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Equity above €150kEq €178k ▲99.5%
2 profitable years in a row build equity to €178k.
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 88 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2022
CVBA Vandelanotte Bedrijfsrevisoren
CurrentChair · since 15-12-2022 · Legal entity · perm. rep.: Nikolas Vandelanotte
15-12-2022
Appointed as Chair
Location & real-estate footprint
Registered office, Ardooie · 1 establishment unit since 2021
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.
Tombrugstraat 8b8850 ArdooieGround area
7,112 m²
Building footprint
672 m²
Volume, LiDAR
4,325 m³
Parcel 36001D0431/00K000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DICOFOODS
since 20212.321.161.203
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001D0431/00K000 | Flanders | 7,112 m² | 1 · 672 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Group per the LEI register
1 parent companyParent company:DICKSTAR
Recognitions · licences · registrations
Food safety, FASFC
1 siteArdooie2.321.161.203
Legal Entity Identifier
254900XFSO3FBUF6SF27
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SOCARDENNE ALIMENTATION
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Of 220 companies in sector 46391 we hold annual accounts for 137. 84 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-07-2021
Fiscal year end31-12
Activities, NACEBEL
46391Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.