DECAVO
ActiveSummary
DECAVO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €209,236 and a net result of €46,243. Equity is growing by ~49.2% per year across the filed fiscal years. Its solvency ranks better than 42% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-4
Solvency71▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.59 in 2024; short-term debt: 30.7% and cash: 0.5% of total assets), and 53.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.1%
Return on assets
10.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
3 d early
2024
35 d early
2023
21 d early
2022
39 d early
2021
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€209,236▲ 27.0%
2024 · €164,711
Total assets
€453,557▼ 7.1%
2024 · €488,220
Net result
€46,243▼ 27.0%
2024 · €63,362
Working capital
-€76,642▼ 42.2%
2024 · -€53,913
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€23,312-€43,382▲ 86.1%€79,643▲ 83.6%€92,906▲ 16.7%€72,504▼ 22.0%
Net result€16,017-€32,294▲ 102%€54,438▲ 68.6%€63,362▲ 16.4%€46,243▼ 27.0%
Equity€19,417-€50,111▲ 158%€102,949▲ 105%€164,711▲ 60.0%€209,236▲ 27.0%
Total assets€61,566-€385,772▲ 527%€407,041▲ 5.5%€488,220▲ 19.9%€453,557▼ 7.1%
Debt€42,149-€335,661▲ 696%€304,092▼ 9.4%€323,509▲ 6.4%€244,321▼ 24.5%
Working capital€8,060--€45,802-€66,709▼ 45.6%-€53,913▲ 19.2%-€76,642▼ 42.2%
Staff (FTE)0.31▲ 233%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2022 Total assets +527% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €453,557
Fixed assets
€391,108 ▼ 4.6%
Current assets
€62,449 ▼ 20.0%
Equity and liabilities €453,557
Equity
€209,236 ▲ 27.0%
Debt
€244,321 ▼ 24.5%
Debt's share of the balance-sheet total falls from 66.3% to 53.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€100,854▼
2024 · €110,383
Cash flow
€74,593▼
2024 · €80,839
Current ratio
0.45▼
2024 · 0.59
Debt to equity
1.17▼
2024 · 1.96
ROE
22.1%▼
2024 · 38.5%
ROA
10.2%▼
2024 · 13.0%
Interest coverage
13.67▼
2024 · 15.89
Debt ≤ 1 year
€139,091▲
2024 · €131,970
Debt > 1 year
€105,230▼
2024 · €190,959
Income taxes
€18,886▼
2024 · €22,618
Staff costs
€34,143▲
2024 · €13,612
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €40 | €13,612 | €34,143 | ▲ 151% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,030 | €10,151 | €13,882 | €17,477 | €28,350 | ▲ 62.2% |
| Other operating charges640/8 | - | €2,022 | €1,833 | €2,784 | €3,325 | ▲ 19.4% |
| Gross operating margin9900 | €36,632 | €55,555 | €95,398 | €126,780 | €138,321 | ▲ 9.1% |
| Operating profit (loss)9901 | €23,312 | €43,382 | €79,643 | €92,906 | €72,504 | ▼ 22.0% |
| Financial income75/76B | - | - | - | €20 | €1 | ▼ 97.5% |
| Recurring financial income75 | - | - | - | €20 | €1 | ▼ 97.5% |
| Financial charges65/66B | - | €964 | €4,943 | €6,946 | €7,375 | ▲ 6.2% |
| Recurring financial charges65 | €697 | €964 | €4,943 | €6,946 | €7,375 | ▲ 6.2% |
| Profit (loss) for the period before taxes9903 | €22,614 | €42,418 | €74,700 | €85,980 | €65,129 | ▼ 24.3% |
| Income taxes67/77 | €6,598 | €10,124 | €20,262 | €22,618 | €18,886 | ▼ 16.5% |
| Profit (loss) for the period9904 | €16,017 | €32,294 | €54,438 | €63,362 | €46,243 | ▼ 27.0% |
| Profit (loss) for the period to be appropriated9905 | €16,017 | €32,294 | €54,438 | €63,362 | €46,243 | ▼ 27.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €61,566 | €385,772 | €407,041 | €488,220 | €453,557 | ▼ 7.1% |
| Fixed assets21/28 | €26,718 | €330,105 | €369,057 | €410,163 | €391,108 | ▼ 4.6% |
| Tangible fixed assets22/27 | €26,718 | €55,105 | €94,057 | €135,163 | €116,108 | ▼ 14.1% |
| Furniture and vehicles24 | - | €504 | €44,251 | €101,495 | €78,136 | ▼ 23.0% |
| Leasing and similar rights25 | - | €18,582 | €11,656 | - | - | - |
| Other tangible fixed assets26 | - | €36,020 | €38,150 | €33,668 | €37,972 | ▲ 12.8% |
| Financial fixed assets28 | - | €275,000 | €275,000 | €275,000 | €275,000 | = |
| Current assets29/58 | €34,848 | €55,667 | €37,984 | €78,056 | €62,449 | ▼ 20.0% |
| Amounts receivable within one year40/41 | €16,940 | €16,940 | €28,440 | €45,567 | €54,602 | ▲ 19.8% |
| Trade receivables40 | - | €16,940 | €15,407 | €33,919 | €42,804 | ▲ 26.2% |
| Other amounts receivable41 | - | - | €13,033 | €11,648 | €11,798 | ▲ 1.3% |
| Cash at bank and in hand54/58 | €17,277 | €37,256 | €6,833 | €21,990 | €2,263 | ▼ 89.7% |
| Deferred charges and accrued income490/1 | - | €1,471 | €2,711 | €10,499 | €5,583 | ▼ 46.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €61,566 | €385,772 | €407,041 | €488,220 | €453,557 | ▼ 7.1% |
| Equity10/15 | €19,417 | €50,111 | €102,949 | €164,711 | €209,236 | ▲ 27.0% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €14,000 | €44,000 | €96,000 | €156,000 | €203,000 | ▲ 30.1% |
| Distributable reserves133 | - | €44,000 | €96,000 | €156,000 | €203,000 | ▲ 30.1% |
| Profit (loss) carried forward14 | €417 | €1,111 | €1,949 | €3,711 | €1,236 | ▼ 66.7% |
| Amounts payable17/49 | €42,149 | €335,661 | €304,092 | €323,509 | €244,321 | ▼ 24.5% |
| Amounts payable after more than one year17 | €14,861 | €232,144 | €198,819 | €190,959 | €105,230 | ▼ 44.9% |
| Financial debts170/4 | - | €7,252 | €28,630 | €58,977 | €34,716 | ▼ 41.1% |
| Other amounts payable178/9 | - | €224,892 | €170,189 | €131,982 | €70,514 | ▼ 46.6% |
| Amounts payable within one year42/48 | €26,789 | €101,469 | €104,693 | €131,970 | €139,091 | ▲ 5.4% |
| Current portion of amounts payable after more than one year42 | - | €71,369 | €72,323 | €81,493 | €81,892 | ▲ 0.5% |
| Trade debts44 | €806 | €1,877 | €5,273 | €1,412 | €417 | ▼ 70.5% |
| Suppliers440/4 | - | €1,877 | €5,273 | €1,412 | €417 | ▼ 70.5% |
| Taxes, remuneration and social security45 | - | €25,606 | €14,234 | €30,563 | €33,791 | ▲ 10.6% |
| Taxes450/3 | - | €23,567 | €14,234 | €22,656 | €19,899 | ▼ 12.2% |
| Remuneration and social security454/9 | - | €2,039 | €0 | €7,908 | €13,892 | ▲ 75.7% |
| Other amounts payable47/48 | - | €2,617 | €12,864 | €18,502 | €22,990 | ▲ 24.3% |
| Accrued charges and deferred income492/3 | - | €2,048 | €580 | €580 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,017 | €32,294 | €54,438 | €63,362 | €46,243 | ▼ 27.0% |
| + Depreciation and write-downs630 | €10,030 | €10,151 | €13,882 | €17,477 | €28,350 | ▲ 62.2% |
| Operating cash flow (approximation) | €26,047 | €42,445 | €68,320 | €80,839 | €74,593 | ▼ 7.7% |
| Investment in fixed assets (approximation) | - | -€313,538 | -€52,833 | -€58,583 | -€9,295 | ▲ 84.1% |
| Change in cash | - | €19,979 | -€30,423 | €15,158 | -€19,727 | ▼ 230% |
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
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Equity above €200,000Eq €209,236 ▲27%
5 profitable years in a row build equity to €209,236.
2024
27-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2021net €63,362 ▲16.4%
Operating result €92,906, net result €63,362, both a record.
30-06
Financial
Equity above €150,000Eq €164,711 ▲60%
4 profitable years in a row build equity to €164,711.
10-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €100,000Eq €102,949 ▲105%
3 profitable years in a row build equity to €102,949.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
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, Ledegem · 1 establishment unit since 2020
Ground area
573 m²
Building footprint
189 m²
Parcel 36010C0506/00V000, Flanders. Linked by address, not a title deed.
1 establishment unit
DECAVO
since 20202.300.413.396
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36010C0506/00V000 | Flanders | 573 m² | 1 · 189 m² | - |
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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the annual accounts to 30-06-2025 of DECAVO and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 675 EUR awarded · 675 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 675 EUR | 675 EUR |
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 39,693 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
Founded24-02-2020
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0744404922
Registered
02-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.