DECADT CONSTRUCT
ActiveSummary
DECADT CONSTRUCT has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198,169 and a net result of €24,198. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 43% of 9,778 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
- Staff
- 11 FTE
- Equity
- €198,169
- Profit
- €24,198
Why 67raises riskFounded in 2022Size: 11 FTE, total assets €546,100lowers riskFigures for financial year 2025 (filed 13-07-2026)Profit of €24,198 (financial year 2025)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, small): better than 42% on solvency, 42% on liquidity, 70% on profitability and 75% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 29 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet €24,198 ▼52.3%
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2023 to 2025, 3 financial years
The operating result has fallen two years in a row; 2025 is 51% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 501 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.2% are still going.
- Small
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 501 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €471,502 | €526,968 | €529,431 | ▲ 0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63,000 | €67,453 | €69,891 | ▲ 3.6% |
| Other operating charges640/8 | €1,106 | €1,824 | €1,199 | ▼ 34.3% |
| Gross operating margin9900 | €696,967 | €669,765 | €636,610 | ▼ 5.0% |
| Operating profit (loss)9901 | €161,359 | €73,520 | €36,090 | ▼ 50.9% |
| Financial income75/76B | €1,270 | €1,502 | €4,917 | ▲ 227% |
| Recurring financial income75 | €1,270 | €1,502 | €4,917 | ▲ 227% |
| Financial charges65/66B | €1,467 | €6,843 | €7,526 | ▲ 10.0% |
| Recurring financial charges65 | €1,467 | €6,843 | €7,526 | ▲ 10.0% |
| Profit (loss) for the period before taxes9903 | €161,162 | €68,178 | €33,481 | ▼ 50.9% |
| Income taxes67/77 | €40,962 | €17,407 | €9,283 | ▼ 46.7% |
| Profit (loss) for the period9904 | €120,201 | €50,771 | €24,198 | ▼ 52.3% |
| Profit (loss) for the period to be appropriated9905 | €120,201 | €50,771 | €24,198 | ▼ 52.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €561,045 | €534,827 | €546,100 | ▲ 2.1% |
| Fixed assets21/28 | €216,219 | €166,654 | €99,968 | ▼ 40.0% |
| Intangible fixed assets21 | €1 | €1 | €1 | ▼ 12.5% |
| Tangible fixed assets22/27 | €216,218 | €166,654 | €99,967 | ▼ 40.0% |
| Land and buildings22 | €41,879 | €35,135 | €24,576 | ▼ 30.1% |
| Plant, machinery and equipment23 | €124,640 | €100,368 | €60,978 | ▼ 39.2% |
| Furniture and vehicles24 | €49,700 | €31,150 | €14,413 | ▼ 53.7% |
| Current assets29/58 | €344,826 | €368,173 | €446,132 | ▲ 21.2% |
| Stocks and contracts in progress3 | €223,734 | €233,272 | €225,600 | ▼ 3.3% |
| Stocks30/36 | €223,734 | €233,272 | €225,600 | ▼ 3.3% |
| Amounts receivable within one year40/41 | €96,608 | €101,923 | €157,609 | ▲ 54.6% |
| Trade receivables40 | €79,234 | €50,207 | €78,677 | ▲ 56.7% |
| Other amounts receivable41 | €17,374 | €51,716 | €78,932 | ▲ 52.6% |
| Cash at bank and in hand54/58 | €22,025 | €30,214 | €55,073 | ▲ 82.3% |
| Deferred charges and accrued income490/1 | €2,460 | €2,763 | €7,849 | ▲ 184% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €561,045 | €534,827 | €546,100 | ▲ 2.1% |
| Equity10/15 | €123,201 | €173,971 | €198,169 | ▲ 13.9% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €120,201 | €170,971 | €195,169 | ▲ 14.2% |
| Distributable reserves133 | €120,201 | €170,971 | €195,169 | ▲ 14.2% |
| Amounts payable17/49 | €437,845 | €360,856 | €347,931 | ▼ 3.6% |
| Amounts payable after more than one year17 | €168,000 | €126,000 | €82,000 | ▼ 34.9% |
| Financial debts170/4 | €168,000 | €126,000 | €82,000 | ▼ 34.9% |
| Amounts payable within one year42/48 | €269,845 | €234,856 | €265,931 | ▲ 13.2% |
| Current portion of amounts payable after more than one year42 | €42,000 | €42,000 | €42,000 | = |
| Trade debts44 | €144,460 | €113,240 | €143,433 | ▲ 26.7% |
| Suppliers440/4 | €144,460 | €113,240 | €143,433 | ▲ 26.7% |
| Taxes, remuneration and social security45 | €74,065 | €73,715 | €58,113 | ▼ 21.2% |
| Taxes450/3 | €4,936 | €9,871 | €10,147 | ▲ 2.8% |
| Remuneration and social security454/9 | €69,129 | €63,844 | €47,966 | ▼ 24.9% |
| Other amounts payable47/48 | €9,320 | €5,901 | €22,385 | ▲ 279% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €120,201 | €50,771 | €24,198 | ▼ 52.3% |
| + Depreciation and write-downs630 | €63,000 | €67,453 | €69,891 | ▲ 3.6% |
| Operating cash flow (approximation) | €183,200 | €118,223 | €94,088 | ▼ 20.4% |
| Investment in fixed assets (approximation) | - | -€17,888 | -€3,204 | ▲ 82.1% |
| Change in cash | - | €8,190 | €24,859 | ▲ 204% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 13-07-2026 | 2026-00286618 |
| 31-12-2024 | abbreviated format | 12-06-2025 | 2025-00138801 |
| 31-12-2023 | abbreviated format | 11-07-2024 | 2024-00236375 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 · 1 entry · €545 awarded · €433 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DECADT Filip Gabriël Jozef |
|
| DECADT Geert Jozef |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
22-12
Gazette deed
IncorporationAppointments: DECADT Filip Gabriël Jozef (director) and DECADT Geert Jozef (director) · Founder · Registered office clause11 facts ▸
- Founder, DECADT Filip Gabriël Jozef
- Founder, DECADT Geert Jozef
- Incorporation, “DECADT CONSTRUCT” (deed in Dutch)
- Other provision, “deponering inbreng in geld, BE …” (deed in Dutch)
- Other provision, “uittreksel, vaststelling statuten bij uittreksel” (deed in Dutch)
- Registered office clause, “8972 Proven/Poperinge,Roesbruggestraat 9, oprichters” (deed in Dutch)
- Pre-incorporation commitments
- Director appointment, DECADT Filip Gabriël Jozef (director (not named in the articles))
- Director appointment, DECADT Geert Jozef (director (not named in the articles))
- Other provision, “geen beroepsverbod, geen beroepsverbod uitgesproken” (deed in Dutch) (2 times)
- Founding capital
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0795.107.020
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 33022A0432/00M000 | Flanders | 531 m² | 1 · 102 m² | 9.9 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DECADT CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij beslissing bestuursorgaan exploitatiezetels,administratieve zetels,filialen,agentschappen en depots in België of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer bestuurders, artikel 2:55 WVV” (deed in Dutch)“Onbezoldigd, algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Share issue ruleHow and by whom new shares can be issued.
- “Alle aandeelhouders kunnen afstand doen bij besluit algemene vergadering, onmiddellijke en volledige volstorting” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 10:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Te allen tijde één of meer vereffenaars benoemen of ontslaan, gewone meerderheid” (deed in Dutch)1 more provision on this in the deed