DECANN
ActiveSummary
The annual accounts of DECANN for fiscal year 2025 show a net loss of 69% of the equity at the start of that year. The 2025 annual accounts show equity of €6,989 and a net result of -€15,601. Equity is growing by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 20% of 9511 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency42▼-15
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.47 against 1.02 in 2024; short-term debt: 69.3% and cash: 11.8% of total assets), and 82.9% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.1%
Return on assets
-38.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9511 sector peers (2025).
NBB · sector comparisonPosition among 9511 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
45 d late
2024
3 d early
2023
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 24 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€6,989▼ 69.1%
2024 · €22,591
Total assets
€40,785▼ 41.8%
2024 · €70,101
Net result
-€15,601
2024 · €20,396
Working capital
-€14,908
2024 · €726
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
Line202320242025
Operating result€3,016-€33,318▲ 1,005%-€13,858
Net result€695-€20,396▲ 2,836%-€15,601
Equity€2,195-€22,591▲ 929%€6,989▼ 69.1%
Total assets€54,678-€70,101▲ 28.2%€40,785▼ 41.8%
Debt€52,483-€47,510▼ 9.5%€33,795▼ 28.9%
Working capital-€15,988-€726-€14,908
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €13,858 after €33,318 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40,785
Fixed assets
€27,421 ▼ 31.9%
Current assets
€13,363 ▼ 55.3%
Equity and liabilities €40,785
Equity
€6,989 ▼ 69.1%
Debt
€33,795 ▼ 28.9%
Debt's share of the balance-sheet total rises from 67.8% to 82.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,042▼
2024 · €45,634
Cash flow
-€2,786▼
2024 · €32,713
Current ratio
0.47▼
2024 · 1.02
Debt to equity
4.84▲
2024 · 2.10
ROE
-223.2%▼
2024 · 90.3%
ROA
-38.3%▼
2024 · 29.1%
Interest coverage
-0.51▼
2024 · 25.60
Debt ≤ 1 year
€28,272▼
2024 · €29,138
Debt > 1 year
€5,524▼
2024 · €18,372
Income taxes
€132▼
2024 · €11,157
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,207 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
4.2%
went bankrupt
4.2%
stopped otherwise
90%
still going
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% 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 497,058 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 1,207 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,519 | €12,317 | €12,816 | ▲ 4.1% |
| Other operating charges640/8 | €1,122 | €1,299 | €2,227 | ▲ 71.4% |
| Non-recurring operating charges66A | €2,415 | €0 | - | - |
| Gross operating margin9900 | €15,072 | €46,934 | €1,185 | ▼ 97.5% |
| Operating profit (loss)9901 | €3,016 | €33,318 | -€13,858 | ▼ 142% |
| Financial income75/76B | €3 | €18 | €422 | ▲ 2,313% |
| Recurring financial income75 | €3 | €18 | €422 | ▲ 2,313% |
| Financial charges65/66B | €1,438 | €1,783 | €2,034 | ▲ 14.1% |
| Recurring financial charges65 | €1,438 | €1,783 | €2,034 | ▲ 14.1% |
| Profit (loss) for the period before taxes9903 | €1,581 | €31,553 | -€15,469 | ▼ 149% |
| Income taxes67/77 | €887 | €11,157 | €132 | ▼ 98.8% |
| Profit (loss) for the period9904 | €695 | €20,396 | -€15,601 | ▼ 176% |
| Profit (loss) for the period to be appropriated9905 | €695 | €20,396 | -€15,601 | ▼ 176% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €54,678 | €70,101 | €40,785 | ▼ 41.8% |
| Fixed assets21/28 | €48,848 | €40,237 | €27,421 | ▼ 31.9% |
| Tangible fixed assets22/27 | €48,848 | €40,237 | €27,421 | ▼ 31.9% |
| Plant, machinery and equipment23 | €6,462 | €7,662 | €4,656 | ▼ 39.2% |
| Leasing and similar rights25 | €42,385 | €32,575 | €22,765 | ▼ 30.1% |
| Current assets29/58 | €5,830 | €29,863 | €13,363 | ▼ 55.3% |
| Amounts receivable within one year40/41 | €4,427 | €28,377 | €7,266 | ▼ 74.4% |
| Trade receivables40 | €4,427 | €27,818 | €1,632 | ▼ 94.1% |
| Other amounts receivable41 | - | €560 | €5,635 | ▲ 907% |
| Cash at bank and in hand54/58 | €174 | €7 | €4,801 | ▲ 64,258% |
| Deferred charges and accrued income490/1 | €1,230 | €1,479 | €1,296 | ▼ 12.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €54,678 | €70,101 | €40,785 | ▼ 41.8% |
| Equity10/15 | €2,195 | €22,591 | €6,989 | ▼ 69.1% |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | = |
| Reserves13 | €695 | €21,091 | €21,091 | = |
| Distributable reserves133 | €695 | €21,091 | €21,091 | = |
| Profit (loss) carried forward14 | - | - | -€15,601 | - |
| Amounts payable17/49 | €52,483 | €47,510 | €33,795 | ▼ 28.9% |
| Amounts payable after more than one year17 | €30,665 | €18,372 | €5,524 | ▼ 69.9% |
| Financial debts170/4 | €30,665 | €18,372 | €5,524 | ▼ 69.9% |
| Amounts payable within one year42/48 | €21,818 | €29,138 | €28,272 | ▼ 3.0% |
| Current portion of amounts payable after more than one year42 | €11,761 | €12,293 | €12,849 | ▲ 4.5% |
| Trade debts44 | €2,151 | €1,477 | €1,420 | ▼ 3.9% |
| Suppliers440/4 | €2,151 | €1,477 | €1,420 | ▼ 3.9% |
| Taxes, remuneration and social security45 | €6,402 | €15,368 | €14,003 | ▼ 8.9% |
| Taxes450/3 | €5,752 | €13,618 | €14,003 | ▲ 2.8% |
| Remuneration and social security454/9 | €650 | €1,750 | €0 | ▼ 100% |
| Other amounts payable47/48 | €1,504 | €0 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €695 | €20,396 | -€15,601 | ▼ 176% |
| + Depreciation and write-downs630 | €8,519 | €12,317 | €12,816 | ▲ 4.1% |
| Operating cash flow (approximation) | €9,213 | €32,713 | -€2,786 | ▼ 109% |
| Investment in fixed assets (approximation) | - | -€3,706 | €0 | ▲ 100% |
| Change in cash | - | -€166 | €4,794 | ▲ 2,986% |
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
14-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 45 days late
2025
31-12
Financial
Weakest financial yearnet -€15,601
Net result drops to -€15,601, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €20,396 ▲2,836%
Operating result €33,318, net result €20,396, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 1.02
Current ratio from 0.27 to 1.02.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Maldegem · 1 establishment unit since 2022
Ground area
89 m²
Building footprint
52 m²
Volume, LiDAR
537 m³
Parcel 43502D0148/00B006, Flanders · tallest building 12.0 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DECANN
since 20222.339.147.674
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43502D0148/00B006 | Flanders | 89 m² | 1 · 52 m² | 12.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
STUDIEBURO BD
BE 1029.506.728
Ieper · Eq €6,999
Triconas
BE 0803.130.405
Nazareth-De Pinte · Eq €7,151
PG.consult
BE 0797.061.272
Niel · Eq €6,811
Surepoint
BE 1028.851.977
Schoten · Eq €6,804
ASBEST ANDREAS
BE 0800.396.587
Machelen (Brab.) · Eq €6,733
Of 2,147 companies in sector 71209 we hold annual accounts for 1,087. 400 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
Founded07-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
E-invoicing
Reachable via Peppol
Peppol ID
0208:0794487903
Also
9925:BE0794487903
Registered
02-09-2023
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.