DECA
ActiveSummary
The computed 12-month bankruptcy probability of DECA is 1.8% (moderate). The 2025 annual accounts show equity of €150,435 and a net result of €3,167. Equity is growing by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 29% of 3757 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability44▼-30
Solvency34▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.46 against 0.73 in 2024; short-term debt: 55.5% and cash: 1% of total assets), and 90.8% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 08-06-2026, 220 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
220 d late
2024
216 d late
2023
15 d late
2022
17 d late
2021
3 d late
2020
96 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 95 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€150,435▼ 35.5%
2024 · €233,357
Total assets
€1.6m▼ 27.3%
2024 · €2.3m
Net result
€3,167▼ 97.6%
2024 · €130,502
Working capital
-€490,517▼ 42.4%
2024 · -€344,485
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€17,188€20,354€69,590▲ 242%€167,252▲ 140%€38,609▼ 76.9%
Net result-€25,282€2,692€41,200▲ 1,431%€130,502▲ 217%€3,167▼ 97.6%
Equity€58,963▼ 39.0%€61,655▲ 4.6%€102,855▲ 66.8%€233,357▲ 127%€150,435▼ 35.5%
Total assets€631,196▲ 116%€736,123▲ 16.6%€1.6m▲ 122%€2.3m▲ 37.8%€1.6m▼ 27.3%
Debt€572,233▲ 192%€674,468▲ 17.9%€1.5m▲ 128%€2.0m▲ 31.8%€1.5m▼ 26.4%
Working capital-€155,009▼ 1,120%-€203,607▼ 31.4%-€505,269▼ 148%-€344,485▲ 31.8%-€490,517▼ 42.4%
Staff (FTE)13.8▲ 43.8%13.9▲ 0.7%17.4▲ 25.2%14.9▼ 14.4%13.4▼ 10.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Net result -98% on 2024. Cause not known from the registers.
- 2024 Equity +127% on 2023. Cause not known from the registers.
- 2023 Total assets +122% on 2022. Cause not known from the registers.
- 2021 Total assets +116% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€1.2m ▼ 6.3%
Current assets
€420,194 ▼ 56.0%
Equity and liabilities €1.6m
Equity
€150,435 ▼ 35.5%
Debt
€1.5m ▼ 26.4%
Debt's share of the balance-sheet total rises from 89.7% to 90.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€105,496▼
2024 · €217,977
Cash flow
€70,054▼
2024 · €181,227
Current ratio
0.46▼
2024 · 0.73
Quick ratio
0.46▼
2024 · 0.73
Debt to equity
9.90▲
2024 · 8.67
ROE
2.1%▼
2024 · 55.9%
ROA
0.2%▼
2024 · 5.8%
Interest coverage
3.04▼
2024 · 5.80
Debt ≤ 1 year
€910,711▼
2024 · €1.3m
Debt > 1 year
€578,372▼
2024 · €715,370
Income taxes
€792
Staff costs
€336,346▼
2024 · €370,485
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,600 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
1.6%
went bankrupt
1.7%
stopped otherwise
96%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,600 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €436,622 | €631,679 | €370,485 | €336,346 | ▼ 9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €76,667 | €28,578 | €65,200 | €50,725 | €66,887 | ▲ 31.9% |
| Other operating charges640/8 | - | €27,514 | €11,593 | €5,086 | €1,114 | ▼ 78.1% |
| Gross operating margin9900 | €511,185 | €513,067 | €778,063 | €593,548 | €442,956 | ▼ 25.4% |
| Operating profit (loss)9901 | -€17,188 | €20,354 | €69,590 | €167,252 | €38,609 | ▼ 76.9% |
| Financial income75/76B | - | €428 | €1 | €859 | - | - |
| Recurring financial income75 | €270 | €428 | €1 | €859 | - | - |
| Financial charges65/66B | - | €8,846 | €21,463 | €37,609 | €34,650 | ▼ 7.9% |
| Recurring financial charges65 | €6,359 | €8,846 | €21,463 | €37,609 | €34,650 | ▼ 7.9% |
| Profit (loss) for the period before taxes9903 | -€23,276 | €11,936 | €48,128 | €130,502 | €3,959 | ▼ 97.0% |
| Income taxes67/77 | €2,006 | €9,244 | €6,928 | - | €792 | - |
| Profit (loss) for the period9904 | -€25,282 | €2,692 | €41,200 | €130,502 | €3,167 | ▼ 97.6% |
| Profit (loss) for the period to be appropriated9905 | -€25,282 | €2,692 | €41,200 | €130,502 | €3,167 | ▼ 97.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €631,196 | €736,123 | €1.6m | €2.3m | €1.6m | ▼ 27.3% |
| Fixed assets21/28 | €573,685 | €568,803 | €1.3m | €1.3m | €1.2m | ▼ 6.3% |
| Intangible fixed assets21 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Tangible fixed assets22/27 | €493,685 | €488,803 | €1.2m | €1.2m | €1.1m | ▼ 6.7% |
| Land and buildings22 | - | €471,509 | €1.2m | €1.2m | €1.1m | ▼ 5.8% |
| Plant, machinery and equipment23 | - | €2,485 | €5,390 | €13,935 | €7,343 | ▼ 47.3% |
| Furniture and vehicles24 | - | €7,323 | €9,986 | €9,565 | €3,870 | ▼ 59.5% |
| Other tangible fixed assets26 | - | €7,487 | €0 | - | - | - |
| Financial fixed assets28 | - | - | €1,500 | €1,500 | €1,500 | = |
| Current assets29/58 | €57,511 | €167,320 | €306,609 | €955,330 | €420,194 | ▼ 56.0% |
| Stocks and contracts in progress3 | €13,879 | €9,543 | €7,765 | €7,765 | €3,515 | ▼ 54.7% |
| Stocks30/36 | - | €9,543 | €7,765 | €7,765 | €3,515 | ▼ 54.7% |
| Amounts receivable within one year40/41 | €10,460 | €94,424 | €89,083 | €937,656 | €400,763 | ▼ 57.3% |
| Trade receivables40 | - | €92,320 | €71,168 | €925,000 | €399,227 | ▼ 56.8% |
| Other amounts receivable41 | - | €2,105 | €17,915 | €12,656 | €1,536 | ▼ 87.9% |
| Current investments50/53 | - | - | - | - | €0 | - |
| Cash at bank and in hand54/58 | €3,992 | €3,166 | €14,378 | €2,277 | €15,916 | ▲ 599% |
| Deferred charges and accrued income490/1 | - | €60,187 | €195,382 | €7,632 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €631,196 | €736,123 | €1.6m | €2.3m | €1.6m | ▼ 27.3% |
| Equity10/15 | €58,963 | €61,655 | €102,855 | €233,357 | €150,435 | ▼ 35.5% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €52,000 | €54,500 | €96,000 | €96,000 | €96,000 | = |
| Distributable reserves133 | - | €54,500 | €96,000 | €96,000 | €96,000 | = |
| Profit (loss) carried forward14 | €763 | €955 | €655 | €131,157 | €48,235 | ▼ 63.2% |
| Amounts payable17/49 | €572,233 | €674,468 | €1.5m | €2.0m | €1.5m | ▼ 26.4% |
| Amounts payable after more than one year17 | €359,713 | €298,040 | €715,370 | €715,370 | €578,372 | ▼ 19.2% |
| Financial debts170/4 | - | €298,040 | €715,370 | €715,370 | €578,372 | ▼ 19.2% |
| Amounts payable within one year42/48 | €212,520 | €370,927 | €811,877 | €1.3m | €910,711 | ▼ 29.9% |
| Current portion of amounts payable after more than one year42 | - | €36,672 | €66,188 | €211,445 | €74,987 | ▼ 64.5% |
| Financial debts43 | - | - | - | €7,946 | - | - |
| Credit institutions430/8 | - | - | - | €7,946 | - | - |
| Trade debts44 | €76,361 | €181,952 | €216,345 | €404,644 | €116,000 | ▼ 71.3% |
| Suppliers440/4 | - | €181,952 | €216,345 | €404,644 | €116,000 | ▼ 71.3% |
| Advances received on contracts in progress46 | - | €38,527 | €206,704 | €401,900 | €401,900 | = |
| Taxes, remuneration and social security45 | - | €113,776 | €205,694 | €108,949 | €234,316 | ▲ 115% |
| Taxes450/3 | - | €23,561 | €49,665 | €6,928 | €37,173 | ▲ 437% |
| Remuneration and social security454/9 | - | €90,215 | €156,029 | €102,021 | €197,143 | ▲ 93.2% |
| Other amounts payable47/48 | - | €0 | €116,946 | €164,931 | €83,508 | ▼ 49.4% |
| Accrued charges and deferred income492/3 | - | €5,500 | €7,632 | €7,632 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€25,282 | €2,692 | €41,200 | €130,502 | €3,167 | ▼ 97.6% |
| + Depreciation and write-downs630 | €76,667 | €28,578 | €65,200 | €50,725 | €66,887 | ▲ 31.9% |
| Operating cash flow (approximation) | €51,385 | €31,270 | €106,400 | €181,227 | €70,054 | ▼ 61.3% |
| Investment in fixed assets (approximation) | - | -€23,696 | -€827,522 | -€20,443 | €14,633 | ▲ 172% |
| Change in cash | - | -€827 | €11,213 | -€12,101 | €13,639 | ▲ 213% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 220 days late
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 216 days late
2024
31-03
Financial
Highest result since 2020net €130,502 ▲217%
Operating result €167,252, net result €130,502, both a record.
31-03
Financial
Equity above €200,000Eq €233,357 ▲127%
3 profitable years in a row build equity to €233,357.
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 15 days late
31-03
Financial
Equity above €100,000Eq €102,855 ▲66.8%
2 profitable years in a row build equity to €102,855.
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
31-03
Financial
Back to profitnet €2,692
Net result €2,692 after one loss-making year.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
31-03
Financial
Weakest financial yearnet -€25,282
Net result drops to -€25,282, the lowest in the series; recovery starts the following year.
04-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 96 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2018
Ground area
7,820 m²
Building footprint
2,590 m²
Volume, LiDAR
16,789 m³
Parcel 44808H0742/00G000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sim Pizza
since 20182.277.422.517
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0742/00G000indicative | Flanders | 7,820 m² | 1 · 2,590 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.277.422.517
Dual-learning approval
1 endedMedewerker snackbar-taverne (so)
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 7,260 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-06-2018
Fiscal year end31-03
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0698982394
Also
9925:BE0698982394
Registered
01-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.