Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
DEGE Management from Bassenge, company number BE0440904986, closed financial year 2024 with a result of € 21,249 after tax. For that financial year DEGE Management recorded a gross margin of € 75,934 and equity of € -68,795. Compared with financial year 2023, the result moved from € -15,301 to € 21,249. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2025.
€ -68,795
▲ € 21,249 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,249
▲ still € 15,301 loss in 2023
Profit after tax over the fiscal year.
€ 15,347
▲ 163% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -130,795.
People and assets in 2024
€ 35,405
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 258,482
▲ 1% vs 2023
€ 35,015 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 10,039
▼ 23% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,751
▲ 117% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 26,337 | € 35,577 | € 29,702 | € 75,934 | ▲ 156% |
| Profit after taxes | € -31,880 | € -10,129 | € -15,301 | € 21,249 | ▲ € 36,551 |
| Equity | € -64,614 | € -74,743 | € -90,044 | € -68,795 | ▲ € 21,249 |
| Total debts | € 404,354 | € 375,966 | € 343,880 | € 336,556 | ▼ 2% |
| Cash | € 19,460 | € 17,213 | € 5,841 | € 15,347 | ▲ 163% |
| Land & buildings | € 314,962 | € 279,190 | € 243,419 | € 211,515 | ▼ 13% |
| Retained profit | € -126,614 | € -136,743 | € -152,044 | € -130,795 | ▲ € 21,249 |
| Bank debt | € 309,623 | € 282,993 | € 255,720 | € 258,482 | ▲ 1% |
| Balance sheet total | € 339,739 | € 301,223 | € 253,836 | € 267,761 | ▲ 5% |
Key figures of DEGE Management, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to DEGE Management?
What happened at DEGE Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cassian GERMIS stepped down as director. NBB
- Denise GERMIS-STREEL stepped down as director. NBB
- Damien GERMIS stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 21,249. filed late Source: NBB ↗
- New establishment in Bassenge. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,880 loss in 2021 to € 21,249 profit in 2024.
Paid € 1,994 in corporate taxes since 2021.
Best year ever: 2024, with € 21,249 profit.
Management
Directors
According to the 2024 annual accounts
Cassian GERMIS
Director
· until 2026
Denise GERMIS-STREEL
Director
· until 2026
Damien GERMIS
Managing director
· until 2026
Establishments
Establishment units
Physical locations of this company
Rue de l'Ile 35
4690 Bassenge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.904.986
- VAT number
- BE 0440.904.986
- Registered office
- Rue de l'Ile 35, 4690 Bassenge
- Names & denominations
- DEGE Management
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 1990
- Peppol
- Not registered
- Activities · NACE
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