Financials
Financial year 2025
DEGACO from Destelbergen, company number BE0434792602, closed financial year 2025 with a result of € 2,216 after tax. For that financial year DEGACO recorded a gross margin of € 7,608 and equity of € 123,628. Compared with financial year 2024, the result moved from € 16,570 to € 2,216. The company is profitable. 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 February 3, 2026.
€ 123,628
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,216
▼ 87% vs 2024
Profit after tax over the fiscal year.
€ 43,431
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 32,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,828
▲ 281% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,935
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,156 | € 47,572 | € 29,414 | € 7,608 | ▼ 74% |
| Profit after taxes | € 31,272 | € 31,656 | € 16,570 | € 2,216 | ▼ 87% |
| Equity | € 132,336 | € 147,992 | € 153,412 | € 123,628 | ▼ 19% |
| Total debts | € 27,359 | € 9,425 | € 9,710 | € 14,183 | ▲ 46% |
| Cash | € 75,162 | € 61,175 | € 52,532 | € 43,431 | ▼ 17% |
| Retained profit | € 113,786 | € 129,442 | € 134,862 | € 105,078 | ▼ 22% |
| Dividend | € 62,000 | € 16,000 | € 11,150 | € 32,000 | ▲ 187% |
| Balance sheet total | € 159,694 | € 157,417 | € 163,121 | € 137,810 | ▼ 16% |
Key figures of DEGACO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to DEGACO?
What happened at DEGACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,216 (▼ 87% vs 2024). Source: NBB ↗
- New establishment in Destelbergen. KBO
- Philip DE GANCK became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 31,272 profit in 2022 to € 2,216 profit in 2025.
Paid € 34,531 in corporate taxes since 2022.
Best year ever: 2023, with € 31,656 profit.
Paid out € 121,150 in dividends to the owners in total.
Management
Behind DEGACO is Philip DE GANCK.
Directors
According to the 2025 annual accounts
Philip DE GANCK
Director
since 1999
Establishments
Establishment units
Physical locations of this company
Hoge Steenakker(HEU) 1 box 3
9070 Destelbergen
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.
Details
- Company number
- 0434.792.602
- VAT number
- BE 0434.792.602
- Registered office
- Hoge Steenakker(HEU) 1 bus 3, 9070 Destelbergen
- Names & denominations
- DEGACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1988
- Peppol
- Active · Active since 27 Mar 2026
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