Equity
€603,373 ▲ 38.6%
DECOVEN has made a profit in every financial year since 2014.
DECOVEN
Lifetime
12 annual accounts with figures on one time axispeak €595,048 (2023)
€343,051▲ 19.6%
peak €329,897 (2023)
€192,560▲ 10.0%
peak €793,692 (2023)
€603,373▲ 38.6%
€780,749▼ 30.2%
peak 1 FTE (2015)
-not published
Board1 name since 2021
-
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Gross margin from €286,745 to €343,051Dividend €24,600Equity from €435,413 to €603,373Debts from €1.1m to €780,749
Key points
from the 2025 annual accountsFilings
12 annual accounts since 2014
The 2016 accounts came 29 days late. The other nine of the last ten were filed on time.
Position in the sector
€192,560
Higher net result than 92% of companies in legal and accounting. Sector median €37,367 · 15,822 companies.
Checked score
93
Excellent
Financially stronger than 45% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,103 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026highest value
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €1.4m
Sector: Legal and accounting activities (NACE 69)
Figures for financial year 2025 (filed on 13-07-2026)
Founded in 2010
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 40% of them on solvency, 21% on liquidity, 44% on profitability and 75% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as DECOVEN has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of DECOVEN itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for DECOVEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.42 (1.05 in 2024), below the usual 1.5. Short-term debt is 26.8% and cash 5.1% of total assets. 57.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 days early
2024
6 days early
2023
37 days early
2022
3 days early
2021
20 days early
2020
21 days early
2019
18 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
Resignation: Steven DECORTE (director) · Appointment: Steven DECORTE (director) · “De boekhouding en de boekhoudkundige diensten organiseren en advies verstrekken inzake de boekhoudkundige…” (deed in Dutch) · General meeting of 28-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0822809527
Incorporation
published on 12-02-2010 · Gazette deed
First establishment
Leopold II-laan 41, Bruges
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DECOVEN Bruges | €1.4m | €343,051 | 42.5% | - |
| WVH SERVICES & INVESTMENTS Diksmuide | €1.4m | €373,473 | 43.1% | - |
| Quvicon Ostend | €1.2m | €348,915 | 64.4% | - |
| MACK & MAE Beernem | €1.7m | €382,914 | 57.1% | - |
| BOEKHOUDINGSKANTOOR LEUWERS BART Menen | €1.5m | €410,912 | 68.8% | - |
| De Decker Tanja Berlare | €1.4m | €349,347 | 68.8% | - |
| FIDIMMO SERVICES Ecaussinnes | €1.5m | €363,570 | 60.1% | 2 |
These companies have the same main activity as DECOVEN: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €1.2m and €1.7m, founded between 2008 and 2010.
Official details
Source: KBO- Status
- Active since 01-02-2010Normal situation
- Activity
- Certified accountants and tax accountantsNACE 69201
- Joint committee
- 336Liberal professions · annual accounts 2024
- Establishment unit
- 2.184.827.3078000 Bruges, since 01-02-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- ≈ €600,000estimated
- €1.4m▼ 8.7%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on DECOVEN
DECOVEN files the micro format. That format states no turnover. The gross margin rose from €51,349 in 2014 to €343,051 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DECOVEN
- What is the company number of DECOVEN?
- The company number of DECOVEN is 0822.809.527. The VAT number is the same number with BE in front: BE 0822.809.527.
- Where is DECOVEN based?
- The registered office is at Leopold II-laan 41 b, 8000 Bruges.Company details
- What does DECOVEN do?
- According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
- What is the legal form of DECOVEN?
- DECOVEN is a private limited company (BV).
- When was DECOVEN founded?
- DECOVEN was founded on 01-02-2010.
- Is DECOVEN still active?
- Yes, DECOVEN is an active enterprise in the KBO register.
- How many employees does DECOVEN have?
- DECOVEN had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does DECOVEN fall under?
- In its 2024 annual accounts, DECOVEN states joint committee 336 (Liberal professions).
- What is the turnover of DECOVEN?
- The turnover in financial year 2025 is ≈ €600,000. This figure is estimated from the gross margin of €343,051 and 34 comparable companies (NACE 69201). It probably lies between €520,000 and €710,000.
- Is DECOVEN profitable?
- In financial year 2025, DECOVEN made a profit of €192,560.
- Where can I find the annual accounts of DECOVEN?
- DECOVEN filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DECOVEN due?
- DECOVEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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