Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5 to 4.2.
Financials
Financial year 2025
DEGECO from Evere, company number BE0402609584, closed financial year 2025 with a result of € -60,832 after tax. For that financial year DEGECO recorded a gross margin of € 299,675 and equity of € 681,463. Compared with financial year 2024, the result moved from € 24,987 to € -60,832. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 681,463
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,832
▼ still € 24,987 profit in 2024
Profit after tax over the fiscal year.
€ 182,617
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 619,963.
People and assets in 2025
4.2
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 304,554
▲ 2% vs 2024
€ 72,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 89,862
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 83,359
▲ 16% vs 2024
€ 17,641 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 159,435
▲ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,276
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 598,042 | € 677,094 | € 402,397 | € 299,675 | ▼ 26% |
| Profit after taxes | € 29,598 | € 194,229 | € 24,987 | € -60,832 | ▼ € 85,819 |
| Equity | € 570,637 | € 717,309 | € 742,295 | € 681,463 | ▼ 8% |
| Total debts | € 606,411 | € 476,366 | € 319,866 | € 293,183 | ▼ 8% |
| Cash | € 49,675 | € 99,852 | € 179,377 | € 182,617 | ▲ 2% |
| Retained profit | € 509,137 | € 655,809 | € 680,795 | € 619,963 | ▼ 9% |
| Dividend | € 0 | € 47,557 | € 0 | € 0 | |
| Bank debt | € 72,711 | € 91,144 | € 71,591 | € 83,359 | ▲ 16% |
| Balance sheet total | € 1,177,049 | € 1,193,674 | € 1,062,161 | € 974,646 | ▼ 8% |
| Employees (FTE) | 6.5 | 5 | 4.6 | 4.2 | ▼ 0.4 |
Key figures of DEGECO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DEGECO?
What happened at DEGECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Isabelle JOACHIM stepped down as director. NBB
- Marc TOPPET-HOEGARS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 60,832 (▼ € 85,819 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Evere. KBO
In short
From € 29,598 profit in 2022 to € 60,832 loss in 2025.
Paid € 95,048 in corporate taxes since 2022.
Best year ever: 2023, with € 194,229 profit.
On average € 71,400 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Isabelle JOACHIM
Administratrice
· until 2028
Marc TOPPET-HOEGARS
Director
· until 2028
Establishments
Establishment units
Physical locations of this company
Optimismelaan 15
1140 Evere
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
INFOMANIAK-AS, CH
DNS
OVH DNS
Domain
Domain
degeco.eu
Registrar
OVH SAS
Website info
Features
Security
Details
- Company number
- 0402.609.584
- VAT number
- BE 0402.609.584
- Registered office
- Optimismelaan 15, 1140 Evere
- Names & denominations
- DEGECO · Degeco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 1969
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- degeco.eu
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