DEGECO is a property company in Genk. Private Limited, started on 16 February 2001, 6 establishments.

What is the address of DEGECO?

The registered office of DEGECO is located at Mosselerlaan 61, 3600 Genk.

Is DEGECO still active?

Yes. According to the CBE (29 October 2026) DEGECO is active, legal situation “Normale toestand”, started on 16 February 2001.

Is DEGECO registered on Peppol?

Yes, DEGECO is registered on the Peppol network with ID 0208:0474106306.

What is the enterprise number of DEGECO?

The enterprise number of DEGECO is BE0474106306.

When was DEGECO founded?

DEGECO was founded on 16 February 2001.

Who are the directors of DEGECO?

According to the 2026 annual accounts, the directors of DEGECO are: Luc de Werdt.

Is DEGECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 February 2001; 5 annual accounts filed, latest fiscal year 2026; 1 directors known from the annual account; 6 establishments in the CBE.

How much profit did DEGECO make in 2026?

DEGECO recorded a loss after taxes of € 62,505 in financial year 2026.

What is the revenue of DEGECO?

As a small company, DEGECO is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 259,235.

How much does an employee at DEGECO earn?

The average wage cost per full-time employee at DEGECO was € 33,300 in 2023: staff costs of € 33,263 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DEGECO have?

According to the 2026 annual accounts, DEGECO has 0.4 full-time equivalents (FTE).

DEGECO (Private Limited) - Genk - BE0474106306

Dossier DEGECO, printed on 29 October 2026 from databakkes.be/en/0474106306/degeco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2025 and 2026.

Financials

Financial year 2026

DEGECO from Genk, company number BE0474106306, closed financial year 2026 with a result of € -62,505 after tax. For that financial year DEGECO recorded a gross margin of € 259,235 and equity of € 3 million. Compared with financial year 2025, the result moved from € -43,560 to € -62,505. 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 October 27, 2026.

What it is worth Healthy

€ 3 million

▼ 8% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -62,505

▼ 43 % more loss than in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 273,961

▼ 15% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 3 million.

People and assets in 2026

Full-time equivalents

0.4

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 14,155

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 61

▼ 98% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 893,088

▼ 12% vs 2025

€ 145,501 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 55,748

▲ 34% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 17,497

▼ 64% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 670,976 Gross margin 2023: € 670,976 First fiscal year in the series	€ 261,510 Gross margin 2024: € 261,510 ▼ 61% vs 2023 (€ 670,976) Unfavourable step	€ 280,299 Gross margin 2025: € 280,299 ▲ 7% vs 2024 (€ 261,510) Favourable step	€ 259,235 Gross margin 2026: € 259,235 ▼ 8% vs 2025 (€ 280,299) Unfavourable step	▼ 8%
Profit after taxes	€ 234,117 Profit after taxes 2023: € 234,117 First fiscal year in the series	€ -20,651 Profit after taxes 2024: € -20,651 ▼ € 254,768 vs 2023 (€ 234,117) Unfavourable step	€ -43,560 Profit after taxes 2025: € -43,560 ▼ € 22,909 vs 2024 (€ -20,651) Unfavourable step	€ -62,505 Profit after taxes 2026: € -62,505 ▼ € 18,945 vs 2025 (€ -43,560) Unfavourable step	▼ € 18,945
Equity	€ 3,370,685 Equity 2023: € 3,370,685 First fiscal year in the series	€ 3,350,033 Equity 2024: € 3,350,033 ▼ 1% vs 2023 (€ 3,370,685) Unfavourable step	€ 3,306,473 Equity 2025: € 3,306,473 ▼ 1% vs 2024 (€ 3,350,033) Unfavourable step	€ 3,030,555 Equity 2026: € 3,030,555 ▼ 8% vs 2025 (€ 3,306,473) Unfavourable step	▼ 8%
Total debts	€ 1,550,411 Total debts 2023: € 1,550,411 First fiscal year in the series	€ 1,267,190 Total debts 2024: € 1,267,190 ▼ 18% vs 2023 (€ 1,550,411) Favourable step	€ 1,257,057 Total debts 2025: € 1,257,057 ▼ 1% vs 2024 (€ 1,267,190) Favourable step	€ 1,265,164 Total debts 2026: € 1,265,164 ▲ 1% vs 2025 (€ 1,257,057) Unfavourable step	▲ 1%
Cash	€ 582,089 Cash 2023: € 582,089 First fiscal year in the series	€ 448,947 Cash 2024: € 448,947 ▼ 23% vs 2023 (€ 582,089) Unfavourable step	€ 322,204 Cash 2025: € 322,204 ▼ 28% vs 2024 (€ 448,947) Unfavourable step	€ 273,961 Cash 2026: € 273,961 ▼ 15% vs 2025 (€ 322,204) Unfavourable step	▼ 15%
Land & buildings	€ 2,994,134 Land & buildings 2023: € 2,994,134 First fiscal year in the series	€ 2,843,096 Land & buildings 2024: € 2,843,096 ▼ 5% vs 2023 (€ 2,994,134) Unchanged	€ 2,680,552 Land & buildings 2025: € 2,680,552 ▼ 6% vs 2024 (€ 2,843,096) Unchanged	€ 2,523,389 Land & buildings 2026: € 2,523,389 ▼ 6% vs 2025 (€ 2,680,552) Unchanged	▼ 6%
Retained profit	€ 3,340,685 Retained profit 2023: € 3,340,685 First fiscal year in the series	€ 3,320,033 Retained profit 2024: € 3,320,033 ▼ 1% vs 2023 (€ 3,340,685) Unfavourable step	€ 3,276,473 Retained profit 2025: € 3,276,473 ▼ 1% vs 2024 (€ 3,320,033) Unfavourable step	€ 3,000,555 Retained profit 2026: € 3,000,555 ▼ 8% vs 2025 (€ 3,276,473) Unfavourable step	▼ 8%
Dividend	€ 428,753 Dividend 2023: € 428,753 First fiscal year in the series	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 428,753) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged	€ 213,413 Dividend 2026: € 213,413 Unchanged (€ 0) Unchanged
Bank debt	€ 1,101,623 Bank debt 2023: € 1,101,623 First fiscal year in the series	€ 989,491 Bank debt 2024: € 989,491 ▼ 10% vs 2023 (€ 1,101,623) Favourable step	€ 1,018,957 Bank debt 2025: € 1,018,957 ▲ 3% vs 2024 (€ 989,491) Unfavourable step	€ 893,088 Bank debt 2026: € 893,088 ▼ 12% vs 2025 (€ 1,018,957) Favourable step	▼ 12%
Balance sheet total	€ 4,975,369 Balance sheet total 2023: € 4,975,369 First fiscal year in the series	€ 4,668,488 Balance sheet total 2024: € 4,668,488 ▼ 6% vs 2023 (€ 4,975,369) Unchanged	€ 4,611,787 Balance sheet total 2025: € 4,611,787 ▼ 1% vs 2024 (€ 4,668,488) Unchanged	€ 4,340,968 Balance sheet total 2026: € 4,340,968 ▼ 6% vs 2025 (€ 4,611,787) Unchanged	▼ 6%
Employees (FTE)	1 Employees (FTE) 2023: 1 First fiscal year in the series	0 Employees (FTE) 2024: 0 ▼ 1 vs 2023 (1) Unchanged	0 Employees (FTE) 2025: 0 Unchanged (0) Unchanged	0.4 Employees (FTE) 2026: 0.4 Unchanged (0) Unchanged

Key figures of DEGECO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to DEGECO?

What happened at DEGECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 27, 2026 New annual accounts for financial year 2026: loss of € 62,505. Source: NBB ↗
Jan 1, 2026 New establishment in Maasmechelen. KBO
Jan 1, 2026 New establishment in Lanaken. KBO
Jan 1, 2026 New establishment in Dilsen-Stokkem. KBO
Jan 1, 2026 New establishment in Genk. KBO
Jan 1, 2025 New establishment in Genk. KBO
Feb 16, 2001 New establishment in Genk. KBO
2001 Luc de Werdt became a director. NBB

In short

From € 234,117 profit in 2023 to € 62,505 loss in 2026.

Paid € 125,737 in corporate taxes since 2023.

Best year ever: 2023, with € 234,117 profit.

On average € 671,000 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Luc de Werdt

DEGECO

Immo Oud Genck 99.6%

AllWays Invest 49.7%

Behind DEGECO is Luc de Werdt. It owns 99.6% of Immo Oud Genck and 49.7% of AllWays Invest itself.

Directors

According to the 2026 annual accounts

Luc de Werdt

Director

Also active at: Stijn, Elite Group, RENARDMONT, Decoline Invest

since 2001

Establishments

Establishment units

Physical locations of this company

Registered office

Mosselerlaan 61

3600 Genk

2.386.648.277

Jan Latoslaan 1 box 1

3600 Genk

Active since 1 January 2025

2.386.648.772

Leemkuilstraat(O) 9 box 9

3630 Maasmechelen

Active since 1 January 2026

2.386.649.465

Europark 9 box H

3620 Lanaken

Active since 1 January 2026

2.386.650.158

IQ-Parklaan 6 box B

3650 Dilsen-Stokkem

Active since 1 January 2026

2.386.650.950

Europalaan 52

3600 Genk

Active since 1 January 2026

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

IMMO OUD GENCK same network

AllWays Invest same network

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0474.106.306

VAT number

BE 0474.106.306

Registered office

Mosselerlaan 61, 3600 Genk

Names & denominations

DEGECO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

16 February 2001

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Activiteiten van holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige zakelijke dienstverlening, neg

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

DEGECO

Warning lights

Financials

What happened to DEGECO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions