DISPOGROUP
ActiveDISPOGROUP has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €826k and a net result of €452k. Equity is growing by ~73% per year across the filed fiscal years. Its solvency ranks better than 31% of 7924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
81
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency51▲+14
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.56 in 2024), but 74.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.8%
Return on assets
14.1%
Age of the figures
11 mo
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-05-2026, 4 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 · 10 filingsDeviation from the deadline
2025
4 d late
2024
on the day
2023
143 d late
2022
6 d early
2021
2 d late
2020
36 d early
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€826k▲ 121%
2024 · €374k
2018: €15k
2019: €22k
2020: €74k
2021: €133k
2022: €180k
2023: €270k
2024: €374k
2018 → 2025
Total assets
€3.20M▲ 71.4%
2024 · €1.87M
2018: €106k
2019: €124k
2020: €231k
2021: €609k
2022: €828k
2023: €1.15M
2024: €1.87M
2018 → 2025
Net result
€452k▲ 334%
2024 · €104k
2018: €39k
2019: €8k
2020: €51k
2021: €60k
2022: €46k
2023: €90k
2024: €104k
2018 → 2025
Working capital
€946k▲ 51.9%
2024 · €623k
2018: €15k
2019: €22k
2020: €73k
2021: €246k
2022: €321k
2023: €352k
2024: €623k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€180k▲ 34.8%€270k▲ 50.3%€374k▲ 38.5%€826k▲ 121%
Operating result€82k-€72k▼ 13.2%€135k▲ 88.9%€170k▲ 25.8%€604k▲ 255%
Net result€60k-€46k▼ 22.1%€90k▲ 94.8%€104k▲ 15.0%€452k▲ 334%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 255% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.20M
Fixed assets
€491k▲ 264%
Current assets
€2.71M▲ 56.4%
Equity and liabilities €3.20M
Equity
€826k▲ 121%
Debt
€2.37M▲ 59.0%
The debt ratio falls from 79.9% to 74.2%: equity grows faster than debt.
Key figures and ratios
EBITDA
€703k▲
2024 · €187k
Cash flow
€551k▲
2024 · €121k
Solvency
25.8%▲
2024 · 20.1%
Current ratio
1.54▼
2024 · 1.56
Quick ratio
0.49▲
2024 · 0.44
Debt / equity
2.87▼
2024 · 3.99
ROE
54.7%▲
2024 · 27.8%
ROA
14.1%▲
2024 · 5.6%
Interest coverage
18.95▲
2024 · 6.73
Debt
€2.37M▲
2024 · €1.49M
Debt ≤ 1 year
€1.76M▲
2024 · €1.11M
Debt > 1 year
€571k▲
2024 · €383k
Income taxes
€115k▲
2024 · €38k
Staff costs
€263k▲
2024 · €170k
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€1.87M€3.20M▲
Fixed assets21/28€135k€491k▲
Intangible fixed assets21-€23k
Tangible fixed assets22/27€135k€462k▲
Plant, machinery and equipment23€95k€361k▲
Furniture and vehicles24€40k€84k▲
Other tangible fixed assets26-€17k
Financial fixed assets28€250€6k▲
Current assets29/58€1.73M€2.71M▲
Stocks and contracts in progress3€1.24M€1.85M▲
Stocks30/36€1.24M€1.85M▲
Amounts receivable within one year40/41€376k€760k▲
Trade receivables40€363k€724k▲
Other amounts receivable41€13k€36k▲
Cash at bank and in hand54/58€116k€95k▼
Deferred charges and accrued income490/1€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.87M€3.20M▲
Equity10/15€374k€826k▲
Contributions10/11€20k€20k=
Reserves13€354k€806k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132-€115k
Distributable reserves133€353k€689k▲
Amounts payable17/49€1.49M€2.37M▲
Amounts payable after more than one year17€383k€571k▲
Financial debts170/4€383k€571k▲
Amounts payable within one year42/48€1.11M€1.76M▲
Current portion of amounts payable after more than one year42€103k€189k▲
Financial debts43€208k€467k▲
Credit institutions430/8€208k€467k▲
Trade debts44€212k€340k▲
Suppliers440/4€212k€340k▲
Advances received on contracts in progress46€24k€20k▼
Taxes, remuneration and social security45€73k€113k▲
Taxes450/3€50k€75k▲
Remuneration and social security454/9€23k€38k▲
Other amounts payable47/48€490k€633k▲
Accrued charges and deferred income492/3-€40k
Income statement
Code20242025
Non-recurring operating income76A€568-
Remuneration, social security and pensions62€170k€263k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€99k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€1k€992▼
Non-recurring operating charges66A-€74
Gross operating margin9900€358k€971k▲
Operating profit (loss)9901€170k€604k▲
Financial income75/76B€4€325▲
Recurring financial income75€4€45▲
Non-recurring financial income76B-€280
Financial charges65/66B€28k€37k▲
Recurring financial charges65€28k€37k▲
Profit (loss) for the period before taxes9903€142k€567k▲
Income taxes67/77€38k€115k▲
Profit (loss) for the period9904€104k€452k▲
Transfer to tax-exempt reserves689-€115k
Profit (loss) for the period to be appropriated9905€104k€337k▲
Appropriation of the result
Profit (loss) to be appropriated9906€104k€337k▲
Transfer to equity691/2€104k€337k▲
To other reserves6921€104k€337k▲
Social balance
Average headcount (FTE)9087-4.2
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
30-09
Financial
Highest result since 2018net €452k ▲334%
Operating result €604k, net result €452k, both a record.
30-09
Financial
Equity above €500kEq €826k ▲121%
8 profitable years in a row build equity to €826k.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 143 days late
2023
30-09
Financial
Equity above €200kEq €270k ▲50.3%
6 profitable years in a row build equity to €270k.
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €150kEq €180k ▲34.8%
5 profitable years in a row build equity to €180k.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Equity above €100kEq €133k ▲80.7%
4 profitable years in a row build equity to €133k.
25-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €8k ▼80.6%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
23-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tongeren-Borgloon · 1 establishment unit since 2013
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.
Industrieweg 113840 Tongeren-BorgloonGround area
4,495 m²
Building footprint
1,214 m²
Volume, LiDAR
8,301 m³
Parcel 73009B0031/00S000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Industrieweg 11, 3840 Tongeren-Borgloon
since 20132.217.892.528
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73009B0031/00S000 | Flanders | 4,495 m² | 1 · 1,214 m² | 8.0 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 6 entries · 47,193 EUR awarded · 44,332 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 7,500 EUR | 25,673 EUR |
| 2024 | 1 | 1,800 EUR | 1,800 EUR |
| 2023 | 2 | 37,893 EUR | 16,859 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTongeren-Borgloon2.217.892.528
Similar companies · same sector, comparable size
DEWAELE HENRI
BE 0432.411.548
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BERDO
BE 0474.079.976
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PAPER AND BOARDS
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BONG RETAIL SOLUTIONS
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INDUSTRIAL PACKAGING MATERIALS
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Rotselaar · Eq €1.01M
Of 190 companies in sector 46493 we hold annual accounts for 83. 59 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-2013
Fiscal year end30-09
Activities, NACEBEL
46493Wholesale trade
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.