DECATECH-D
ActiveSummary
DECATECH-D has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €201,881 and a net result of €14,757. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 78% of 6,141 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €201,881
- Profit
- €14,757
- Parent
- KEGELS TECHNICS · 100%
- BV KEGELS TECHNICSDirector · permanent representative Patrick KEGELS
Why 95raises risk1 of the last 3 latelowers riskFounded in 1994Liquidity: current ratio 3.58, cash €39,526Equity €201,881 (72.1% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 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, micro): better than 77% on solvency, 62% on liquidity, 39% on profitability and 61% on growth.
The bankruptcy probability was computed on 26-10-2026 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 7 accounts on average 47 days after 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 · full…
- Back to profitnet €14,757
- Liquidity more than doubledcurrent ratio 3.58
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €8,976 after a loss of €15,644 in 2024.
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.
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).
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 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 31,368 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | €632,340 | - | - | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €957 | - | - | - |
| Other operating charges640/8 | - | - | - | €458 | €428 | €464 | €467 | €560 | ▲ 19.8% |
| Gross operating margin9900 | €24,738 | €46,209 | -€4,208 | €4,923 | €62,014 | €15,131 | -€15,177 | €9,535 | - |
| Operating profit (loss)9901 | €9,271 | €45,024 | -€5,280 | €4,465 | €61,587 | €13,710 | -€15,644 | €8,976 | - |
| Financial income75/76B | - | - | - | €5,870 | €11,989 | €7,779 | €9,288 | €8,778 | ▼ 5.5% |
| Recurring financial income75 | €1,553 | €6,951 | €6,795 | €5,870 | €11,989 | €7,779 | €9,288 | €8,778 | ▼ 5.5% |
| Financial charges65/66B | - | - | - | €10 | €21 | - | €381 | - | - |
| Recurring financial charges65 | €90 | €1,293 | €119 | €10 | €21 | - | €381 | - | - |
| Profit (loss) for the period before taxes9903 | €10,733 | €50,682 | €1,397 | €10,325 | €73,555 | €21,489 | -€6,737 | €17,754 | - |
| Income taxes67/77 | €1,256 | €16,673 | €372 | €2,862 | €19,500 | €5,510 | - | €2,997 | - |
| Profit (loss) for the period9904 | €9,478 | €34,008 | €1,025 | €7,463 | €54,055 | €15,979 | -€6,737 | €14,757 | - |
| Profit (loss) for the period to be appropriated9905 | €9,478 | €34,008 | €1,025 | €7,463 | €54,055 | €15,979 | -€6,737 | €14,757 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €269,933 | €385,527 | €279,460 | €425,456 | €447,199 | €368,441 | €475,339 | €280,069 | ▼ 41.1% |
| Current assets29/58 | €269,933 | €385,527 | €279,460 | €425,456 | €447,199 | €368,441 | €475,339 | €280,069 | ▼ 41.1% |
| Amounts receivable within one year40/41 | €247,349 | €356,677 | €249,861 | €325,571 | €364,072 | €316,406 | €453,317 | €240,544 | ▼ 46.9% |
| Trade receivables40 | - | - | - | €115,372 | €159,582 | €69,749 | €225,729 | €47,684 | ▼ 78.9% |
| Other amounts receivable41 | - | - | - | €210,199 | €204,490 | €246,658 | €227,589 | €192,859 | ▼ 15.3% |
| Current investments50/53 | - | - | - | - | - | €52,034 | - | - | - |
| Cash at bank and in hand54/58 | €22,584 | €28,850 | €29,599 | €99,884 | €83,127 | - | €22,022 | €39,526 | ▲ 79.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €269,933 | €385,527 | €279,460 | €425,456 | €447,199 | €368,441 | €475,339 | €280,069 | ▼ 41.1% |
| Equity10/15 | €81,330 | €115,338 | €116,363 | €123,826 | €177,882 | €193,861 | €187,124 | €201,881 | ▲ 7.9% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Non-distributable reserves130/1 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Profit (loss) carried forward14 | €13,159 | €47,167 | €48,192 | €55,656 | €109,711 | €125,690 | €118,953 | €133,710 | ▲ 12.4% |
| Amounts payable17/49 | €188,603 | €270,189 | €163,097 | €301,629 | €269,318 | €174,580 | €288,215 | €78,188 | ▼ 72.9% |
| Amounts payable within one year42/48 | €186,603 | €270,189 | €163,097 | €301,629 | €269,318 | €174,580 | €288,215 | €78,188 | ▼ 72.9% |
| Trade debts44 | €167,497 | €244,979 | €145,552 | €297,518 | €249,305 | €156,812 | €274,222 | €75,003 | ▼ 72.6% |
| Suppliers440/4 | - | - | - | €297,518 | €249,305 | €156,812 | €274,222 | €75,003 | ▼ 72.6% |
| Taxes, remuneration and social security45 | - | - | - | €3,126 | €19,626 | €17,382 | €13,738 | €3,185 | ▼ 76.8% |
| Taxes450/3 | - | - | - | €3,126 | €19,626 | €17,382 | €13,738 | €3,011 | ▼ 78.1% |
| Remuneration and social security454/9 | - | - | - | - | - | - | - | €174 | - |
| Other amounts payable47/48 | - | - | - | €985 | €387 | €387 | €256 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,478 | €34,008 | €1,025 | €7,463 | €54,055 | €15,979 | -€6,737 | €14,757 | - |
| Operating cash flow (approximation) | €9,478 | €34,008 | €1,025 | €7,463 | €54,055 | €15,979 | -€6,737 | €14,757 | - |
| Change in cash | - | €6,266 | €750 | €70,285 | -€16,757 | - | - | €17,504 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 29-07-2026 | 2026-00359805 |
| 31-12-2024 | abbreviated format | 31-08-2025 | 2025-00455881 |
| 31-12-2023 | abbreviated format | 27-08-2024 | 2024-00426004 |
| 31-12-2022 | abbreviated format | 07-08-2023 | 2023-00319510 |
| 31-12-2021 | abbreviated format | 25-08-2022 | 2022-20339670 |
| 31-12-2020 | abbreviated format | 30-11-2021 | 2021-79200318 |
| 31-12-2019 | abbreviated format | 30-11-2020 | 2020-73500184 |
| 31-12-2018 | abbreviated format | 25-10-2019 | 2019-71900363 |
| 31-12-2017 | abbreviated format | 28-08-2018 | 2018-53700315 |
| 31-12-2016 | abbreviated format | 03-07-2017 | 2017-26400404 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BV KEGELS TECHNICS |
|
| Patrick KEGELS |
|
Owners and capital
Owners
1 ownerChain of control
- KEGELS TECHNICS
- DECATECH-D
Highest known parent: KEGELS TECHNICS. The sources do not say who stands above it.
Owners 1
- KEGELS TECHNICSparent100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 06-10-2023 Capital stated in the deed · €61,973 · 455 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
06-10
Gazette deed
Resignations: BV KEGELS TECHNICS (director) and Patrick KEGELS (director)Appointment: BV KEGELS TECHNICS (niet statutaire enige bestuurder) · Permanent representative: Patrick KEGELS · Amendment of the articles15 facts ▸
- General meeting, 08-09-2023
- Amendment of the articles (2 times)
- Capital conversion, “EENENZESTIGDUIZEND NEGENHONDERD DRIEENZEVENTIG EURO”, 61937 (deed in Dutch)
- Kind of shares
- Transfer restriction, “voorkooprecht, afschaffen” (deed in Dutch)
- Capital, €61,973
- Director resignation, BV KEGELS TECHNICS (director)
- Director resignation, Patrick KEGELS (director)
- Director discharge, BV KEGELS TECHNICS
- Director discharge, Patrick KEGELS
- Director appointment, BV KEGELS TECHNICS (niet statutaire enige bestuurder)
- Permanent representative, Patrick KEGELS
- +3 further facts in this act
Show earlier events
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23544C0841/00R000 | Flanders | 4,433 m² | 1 · 222 m² | 5.5 m |
| 25112C0079/00T000 | Wallonia | 2,209 m² | 1 · 823 m² | 7.1 m · 2 |
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.
- DECATECH-D
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, enige bestuurder” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1, enige bestuurder” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, een of meer” (deed in Dutch)“Alle verrichtingen vermeld in de wet, algemene vergadering bij gewone meerderheid van stemmen” (deed in Dutch)