DICOGEL

Public limited companyfounded 1979active for 47 yearsTombrugstraat 8, 8850 Ardooie, BelgiumKBO/BCE: BE 0419.748.791

Summary

The computed 12-month bankruptcy probability of DICOGEL is 3.5% (moderate). The 2023 annual accounts show equity of €26.1m and a net result of €545,579. Equity remains stable across the filed financial years (±1.4% per year). Its solvency ranks better than 61% of 851 sector peers (NACE 10, financial year 2023). The company has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals.

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DICOGELActive

Risk analysis Report Compare

Activity

Manufacture of food products

NACE 10393

2 sites

Size

€84.2mturnover 2023

Staff: 75.8 FTE
Equity: €26.1m
Profit: €545,579

Financial health

Bankruptcy probabilitywithin 12 months: 3.5%

2023 figures too old to score

Structure

Parent: DICKSTAR · 99.96%
Holdings: 1

Accounts 25 days early1 of 11 deeds read

Signalsraises riskFigures for financial year 2023 (filed 15-04-2024)Liquidity: current ratio 1.41, cash €562,8552 financial years not filed after the legal deadline; 2 of the last 3 latelowers riskSize: turnover €84.2m, 75.8 FTE, total assets €57.6mneutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Financial strength, FY 2023 · tick = 2021

Average

Solvency 70-6

equity 45.3% of total assets

Liquidity 28-6

short-term debt 47.0% · cash 1.0%

Profitability 53+11

return on assets 0.9%

Bankruptcy probability, 12 months

3.5% Moderate

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (226 companies, NACE 10, medium-sized)

Last 24 months 11-2024: 0.5%lowest value 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.6%▲ +0.1 percentage points vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%▲ +0.3 percentage points vs 04-2025 06-2025: 1.2%▲ +0.2 percentage points vs 05-2025 07-2025: 1.5%▲ +0.3 percentage points vs 06-2025 08-2025: 1.5%● unchanged vs 07-2025 09-2025: 1.8%▲ +0.3 percentage points vs 08-2025 10-2025: 2.7%▲ +0.9 percentage points vs 09-2025 11-2025: 2.7%● unchanged vs 10-2025 12-2025: 2.7%● unchanged vs 11-2025 01-2026: 2.4%▼ -0.3 percentage points vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.4%● unchanged vs 03-2026 05-2026: 3.5%▲ +1.1 percentage points vs 04-2026highest value 06-2026: 3.5%● unchanged vs 05-2026highest value 07-2026: 3.5%● unchanged vs 06-2026highest value 08-2026: 3.5%● unchanged vs 07-2026highest value 09-2026: 3.5%● unchanged vs 08-2026highest value 10-2026: 3.5%● unchanged vs 09-2026highest value

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Signals

Five signals.

lowers riskraises riskneutral

Figures for financial year 2023 (filed 15-04-2024)

NBB · annual accounts

Liquidity: current ratio 1.41, cash €562,855

NBB · annual accounts

2 financial years not filed after the legal deadline; 2 of the last 3 late

NBB · filings

Size: turnover €84.2m, 75.8 FTE, total assets €57.6m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 05-04-2024, 25 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2023

25 days early

2021

614 days late

2020

87 days late

2019

74 days late

2018

54 days late

2017

57 days late

2016

32 days 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 118 days after the deadline; the sector median (NACE 10) for financial year 2023 is 4 days before the deadline, and 40% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

04-10-2024 Algemene Vergadering - BoekjaarGeneral meeting
05-04-2024 Annual accounts filedfinancial year 2023 · full…
05-04-2024 Annual accounts filedfinancial year 2021 · full…

Key points

Controlled by DICKSTAR 99.96% View
Positive: Among the best 11% on equitysector median €1.5m · 851 companies €26.1m View
Active since 1979founded 14-09-1979 47 years View