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''DIPENCO''

Active
Public limited companyfounded 200620 yrs activeWaterkersstraat 13, 1020 Brussel, BelgiumKBO/BCE: BE 0879.391.607

''DIPENCO'' has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-38k) and a net result of €25k. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 2277 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth72▲+40
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.36 against 0.07 in 2024; short-term debt: 183.1% and cash: 59% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
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 2025
Solvency, return and age of the figures
Solvency
-83.7%
Return on assets
55.5%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2277 sector peers (2025).
NBB · sector comparison
Position among 2277 sector peers
Solvency
better than 5%
← weakest strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
30 d late
2023
30 d late
2022
78 d late
2020
31 d late
2019
26 d late
2018
28 d late
← 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 months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
€26k▲ 227%
2024 · €8k
2024: €8k
2024 → 2025
EBIT margin
97.4%▲ 1495.8pp
2024 · -1398.4%
2024: -1398.4%
2024 → 2025
Net result
€25k
2024 · €-110k
2018: €-422 2019: €-422 2020: €-3k 2022: €-737 2023: €-2k 2024: €-110k
2018 → 2025
Working capital
€-53k▲ 32.2%
2024 · €-78k
2018: €-23k 2019: €-23k 2020: €-26k 2022: €-27k 2023: €-29k 2024: €-78k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202022202320242025Trend
Turnover€8k€26k▲ 227%
Equity€51k-€50k▼ 1.5%€47k▼ 4.9%€-63k€-38k▲ 39.9%
Operating result€-3k-€-695▲ 76.3%€-2k▼ 250%€-110k▼ 4,424%€25k
Net result€-3k-€-737▲ 74.9%€-2k▼ 231%€-110k▼ 4,426%€25k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0€50kOperating result 2020: €-3k€-3kNet result 2020: €-3k€-3kOperating result 2022: €-695€-695Net result 2022: €-737€-737Operating result 2023: €-2k€-2kNet result 2023: €-2k€-2kOperating result 2024: €-110k€-110kNet result 2024: €-110k€-110kOperating result 2025: €25k€25kNet result 2025: €25k€25k20202022202320242025
The operating result returns to profit in 2025: €25k after a loss of €110k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45k
Fixed assets €15k=
Current assets €30k▲ 410%
Key figures and ratios
2025 value · change against 2024
Solvency
-83.7%
2024 · -298.7%
Current ratio
0.36
2024 · 0.07
Quick ratio
0.36
2024 · 0.07
Debt / equity
-2.19
2024 · -1.33
ROA
55.5%
2024 · -523.9%
Debt
€83k
2024 · €84k
Debt ≤ 1 year
€83k
2024 · €84k
Debt > 1 year
€300=
2024 · €300
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€21k€45k
Fixed assets21/28€15k€15k=
Financial fixed assets28€15k€15k=
Current assets29/58€6k€30k
Amounts receivable within one year40/41€2k€3k
Trade receivables40€2k€3k
Cash at bank and in hand54/58€4k€27k
Equity and liabilities
Total equity and liabilities10/49€21k€45k
Equity10/15€-63k€-38k
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€-131k€-106k
Amounts payable17/49€84k€83k
Amounts payable after more than one year17€300€300=
Other amounts payable178/9€300€300=
Amounts payable within one year42/48€84k€83k
Trade debts44€3k€3k=
Suppliers440/4€3k€3k=
Other amounts payable47/48€81k€80k
Income statement Code20242025
Turnover70€8k€26k
Goods, raw materials, services and sundry goods60/61€447€663
Non-recurring operating charges66A€118k-
Gross operating margin9900€7k€25k
Operating profit (loss)9901€-110k€25k
Financial charges65/66B€44€46
Recurring financial charges65€44€46
Profit (loss) for the period before taxes9903€-110k€25k
Profit (loss) for the period9904€-110k€25k
Profit (loss) for the period to be appropriated9905€-110k€25k
Appropriation of the result
Profit (loss) to be appropriated9906€-131k€-106k
Profit (loss) brought forward from the previous period14P€-21k€-131k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €25k
Net result €25k after 6 loss-making years.
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial Weakest financial yearnet €-110k
Net result drops to €-110k, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
17-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 78 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
26-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
27-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
12-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Brussel · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Waterkersstraat 131020 Brussel
Ground area
376 m²
Building footprint
74 m²
Volume, LiDAR
404 m³
Parcel 21818A0003/00Y012, Brussels · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
"DIPENCO"
Waterkersstraat 13, 1020 BrusselNACE 65231
since 20062.152.310.234
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21818A0003/00Y012 Brussels 376 m² 1 · 74 m² 9.0 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.

Similar companies · same sector, comparable size

Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,535 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded13-02-2006
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.