DECANN
ActiveSummary
The annual accounts of DECANN for financial 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 has been growing by about 34% per year since 2023. Its solvency ranks better than 20% of 11,772 sector peers (NACE 71, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-12-2022 Normal situation
- Activity
- Other technical testing and analysis NACE 71209
- Establishment unit
- 2.339.147.674 9990 Maldegem, since 07-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €1,185
- ▼ 97.5%
- Turnover
- ≈ €6,100
- estimated
- Loss
- €15,601
- Equity
- €6,989
- ▼ 69.1%
- Total assets
- €40,785
- ▼ 41.8%
- 2025 accounts filed 45 days after the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLast filed accounts filed 45 days late; 1 of the last 3 accounts lateLoss of €15,601 (financial year 2025)lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Size: total assets €40,785Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 71, micro). It does better than 20% of them on solvency, 11% on liquidity, 4% on profitability and 7% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 24 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 45 days after the deadline Filed on 14 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00511892.
Annual accounts 2025 filed on 14-09-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is a loss of €13,858, after a profit of €33,318 in 2024. It is the lowest result since 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €57,367 | €3,706 | - |
| Depreciation and write-downs of the year | €8,519 | €12,317 | €12,816 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| 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 | - |
| Financial income75/76B | €3 | €18 | €422 | ▲ 24× |
| Recurring financial income75 | €3 | €18 | €422 | ▲ 24× |
| 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 | - |
| Income taxes67/77 | €887 | €11,157 | €132 | ▼ 98.8% |
| Profit (loss) for the period9904 | €695 | €20,396 | -€15,601 | - |
| Profit (loss) for the period to be appropriated9905 | €695 | €20,396 | -€15,601 | - |
| 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 | ▲ 644× |
| 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 | - |
| + Depreciation and write-downs630 | €8,519 | €12,317 | €12,816 | ▲ 4.1% |
| Operating cash flow (approximation) | €9,213 | €32,713 | -€2,786 | - |
| Investment in fixed assets (approximation) | - | -€3,706 | €0 | - |
| Change in cash | - | -€166 | €4,794 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,207 companies had the same profile as DECANN has now. Two years later, 90.1% were still going and 4.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DECANN itself is lower: 0.5% within 12 months. It rests on far more data about DECANN than the profile alone.
Test of the method
The method was tested on the 497,446 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 1,207 companies, not a prediction for DECANN. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- DECLERCQ Gianno Marcel André 100 shares (100%) · in cash
Capital transactions
- 09-12-2022 Incorporation · €1,500 · 100 shares
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, om welke reden en op welk…”
Articles of association, deed of 09-12-2022 (in Dutch)
Network & group
Board mandates elsewhere
1 board mandateCompanies at the same address
2 other companiesConnections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
15-07
Gazette deed
Registered office moved from Zulte to MaldegemNew seat: Nieuwstraat 33 te 9990 Maldegem · Previous seat: Rijksweg 111A bus 2 te 9870 Zulte2 points ▸
- General meeting, 01-04-2024
- Registered-office move, Nieuwstraat 33 te 9990 Maldegem
04-05
Gazette deed
Registered office moved from Wevelgem to ZulteNew seat: Rijksweg 111A bus 002 te 9870 Zulte · Previous seat: Bissegemstraat 45 bus 101 te 8560 Wevelgem2 points ▸
- Board meeting, 28-03-2023
- Registered-office move, Rijksweg 111A bus 002 te 9870 Zulte
09-12
Gazette deed
IncorporationStarting capital €1,500 · Appointment: DECLERCQ Gianno Marcel André (statutory director) · Founder4 points ▸
- Incorporation, 06-12-2022
- Founder, DECLERCQ Gianno Marcel André (aandeelhouder oprichter)
- Founding capital, €1,500
- Director appointment, DECLERCQ Gianno Marcel André (statutory director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
DECANN was incorporated on 7 December 2022 as a private limited company by one natural person, with a starting capital of €1,500.12 The registered office moved to Zulte in 2023 and to Maldegem in 2024.34 Since 2022, Gianno Declercq has served as statutory director.5 Total assets fell from €54,678 in 2023 to €40,785 in 2025.6
Company details
Register details
Identity
KBO recordRegistered office and establishments
2 former offices
- Rijksweg 111A bus 2, 9870 Zulte until 01-04-2024 · act of 15-07-2024
- Bissegemstraat 45 bus 101, 8560 Wevelgem until 28-03-2023 · act of 04-05-2023
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 43502D0148/00B006 | Flanders | 89 m² | 1 · 52 m² | 12.0 m · 4 |