DECA
ActiveDECA has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.02M and a net result of €72k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 95% of 2506 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
94
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▲+7
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 5.43 against 4.54 in 2024), and 6.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.1%
Return on assets
6.6%
Age of the figures
8 mo
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
56 d early
2023
51 d early
2022
42 d early
2021
74 d early
2020
67 d early
2019
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.02M▲ 5.3%
2024 · €968k
2018: €911k
2019: €957k
2020: €976k
2021: €1.01M
2022: €1.00M
2023: €962k
2024: €968k
2018 → 2025
Total assets
€1.10M▲ 2.2%
2024 · €1.07M
2018: €1.02M
2019: €1.03M
2020: €1.05M
2021: €1.08M
2022: €1.06M
2023: €1.07M
2024: €1.07M
2018 → 2025
Net result
€72k▲ 30.5%
2024 · €55k
2018: €53k
2019: €48k
2020: €21k
2021: €37k
2022: €-6k
2023: €12k
2024: €55k
2018 → 2025
Working capital
€323k▼ 10.1%
2024 · €359k
2018: €605k
2019: €641k
2020: €662k
2021: €716k
2022: €717k
2023: €337k
2024: €359k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.01M-€1.00M▼ 0.7%€962k▼ 4.1%€968k▲ 0.6%€1.02M▲ 5.3%
Operating result€50k-€-4k€14k€70k▲ 390%€100k▲ 43.1%
Net result€37k-€-6k€12k€55k▲ 371%€72k▲ 30.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 43% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.10M
Fixed assets
€700k▲ 14.5%
Current assets
€395k▼ 14.1%
Equity and liabilities €1.10M
Equity
€1.02M▲ 5.3%
Debt
€76k▼ 26.5%
The debt ratio falls from 9.7% to 6.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€119k▲
2024 · €89k
Cash flow
€91k▲
2024 · €74k
Solvency
93.1%▲
2024 · 90.3%
Current ratio
5.43▲
2024 · 4.54
Quick ratio
5.32▲
2024 · 4.45
Debt / equity
0.07▼
2024 · 0.11
ROE
7.0%▲
2024 · 5.7%
ROA
6.6%▲
2024 · 5.1%
Interest coverage
217.85▲
2024 · 193.44
Debt
€76k▼
2024 · €103k
Debt ≤ 1 year
€73k▼
2024 · €101k
Debt > 1 year
€2k=
2024 · €2k
Income taxes
€28k▲
2024 · €14k
Staff costs
€138k▲
2024 · €126k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.07M€1.10M▲
Fixed assets21/28€612k€700k▲
Tangible fixed assets22/27€612k€700k▲
Land and buildings22€607k€593k▼
Plant, machinery and equipment23€690€460▼
Furniture and vehicles24€3k€107k▲
Current assets29/58€460k€395k▼
Stocks and contracts in progress3€9k€8k▼
Stocks30/36€9k€8k▼
Amounts receivable within one year40/41€26k€40k▲
Trade receivables40€24k€32k▲
Other amounts receivable41€2k€8k▲
Current investments50/53-€310k
Cash at bank and in hand54/58€422k€30k▼
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.07M€1.10M▲
Equity10/15€968k€1.02M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€906k€958k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€900k€951k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€103k€76k▼
Amounts payable after more than one year17€2k€2k=
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€101k€73k▼
Financial debts43€200€0▼
Credit institutions430/8€200€0▼
Trade debts44€25k€24k▼
Suppliers440/4€25k€24k▼
Taxes, remuneration and social security45€26k€28k▲
Taxes450/3€8k€9k▲
Remuneration and social security454/9€18k€19k▲
Other amounts payable47/48€50k€21k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€126k€138k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▼
Other operating charges640/8€11k€9k▼
Gross operating margin9900€227k€266k▲
Operating profit (loss)9901€70k€100k▲
Financial income75/76B€0€173▲
Recurring financial income75€0€173▲
Financial charges65/66B€460€546▲
Recurring financial charges65€460€546▲
Profit (loss) for the period before taxes9903€70k€100k▲
Income taxes67/77€14k€28k▲
Profit (loss) for the period9904€55k€72k▲
Profit (loss) for the period to be appropriated9905€55k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€55k€72k▲
Transfer from equity791/2€49k€21k▼
Transfer to equity691/2€55k€72k▲
To the legal reserve6920€3k€0▼
To other reserves6921€52k€72k▲
Profit to be distributed694/7€49k€21k▼
Return on contributions (dividend)694€49k€21k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €72k ▲30.5%
Operating result €100k, net result €72k, both a record.
31-12
Financial
Equity above €1MEq €1.02M ▲5.3%
3 profitable years in a row build equity to €1.02M.
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-6k ▼116%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €1MEq €1.01M ▲3.6%
4 profitable years in a row build equity to €1.01M.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 14.11
Current ratio from 6.32 to 14.11; short-term debt falls from €114k to €49k.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
Helmoed Decaluwe
CurrentManaging director · since 01-04-2023
01-04-2023
Appointed as Managing director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Antoon Catriestraat 219031 GentGround area
2,128 m²
Building footprint
711 m²
Volume, LiDAR
4,612 m³
Parcel 44017C0486/00D003, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Antoon Catriestraat 21, 9031 Gent
since 19902.048.645.245
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017C0486/00D003 | Flanders | 2,128 m² | 1 · 711 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
JCS Aanhangwagens
BE 0474.444.321
Torhout · Eq €1.04M
VIERSTRAETE VANROBAEYS TRADING
BE 0474.869.933
Ichtegem · Eq €970k
CMO Deceuninck
BE 1005.479.531
Tielt · Eq €1.07M
Thobra
BE 0651.746.859
Lede · Eq €1.07M
CARROS TRUCK CENTER
BE 0463.100.764
Mons · Eq €1.09M
Of 877 companies in sector 33110 we hold annual accounts for 435. 220 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-05-1990
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
34201
34300
95313Repair and fitting of specific motor vehicle parts
29320Manufacture of motor vehicles, trailers and semi-trailers
47820Retail sale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.