DECHAPHIL
ActiveSummary
DECHAPHIL has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15,793 and a net result of €9,278. Equity is shrinking by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 514 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+97
Solvency96▲+44
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 3.4 against 1.3 in 2023; short-term debt: 28.5% and cash: 13.3% of total assets), and 28.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
71.5%
Return on assets
42%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €15,793
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-11-2025, 97 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
97 d late
2023
14 d late
2022
31 d late
2021
125 d late
2020
31 d late
2019
82 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 63 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€96,706
EBIT margin
10.0%
Net result
€9,278
2023 · -€2,945
Working capital
€15,169▲ 190%
2023 · €5,230
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result-€35,621▼ 1,978%€6,464-€6,455-€3,028▲ 53.1%€9,407
Net result-€35,236below the sector's middle half▼ 629%€6,367within the sector's middle half-€6,823below the sector's middle half-€2,945below the sector's middle half▲ 56.8%€9,278within the sector's middle half
EBIT margin
Equity€9,916below the sector's middle half▼ 78.0%€16,283below the sector's middle half▲ 64.2%€9,460below the sector's middle half▼ 41.9%€6,515below the sector's middle half▼ 31.1%€15,793below the sector's middle half▲ 142%
Total assets€40,131below the sector's middle half▼ 34.6%€37,698below the sector's middle half▼ 6.1%€26,159below the sector's middle half▼ 30.6%€24,120below the sector's middle half▼ 7.8%€22,101below the sector's middle half▼ 8.4%
Debt€30,215▲ 86.6%€21,415▼ 29.1%€16,699▼ 22.0%€17,605▲ 5.4%€6,307▼ 64.2%
Working capital€7,815within the sector's middle half▼ 80.9%€15,028within the sector's middle half▲ 92.3%€7,285within the sector's middle half▼ 51.5%€5,230within the sector's middle half▼ 28.2%€15,169within the sector's middle half▲ 190%
Solvency24.7%within the sector's middle half▼ 48.9pp43.2%within the sector's middle half▲ 18.5pp36.2%within the sector's middle half▼ 7.0pp27.0%within the sector's middle half▼ 9.2pp71.5%within the sector's middle half▲ 44.4pp
Current ratio1.26within the sector's middle half▼ 2.271.70within the sector's middle half▲ 0.451.44within the sector's middle half▼ 0.271.30within the sector's middle half▼ 0.143.40within the sector's middle half▲ 2.11
Return on assets (ROA)-87.8%below the sector's middle half▼ 79.9pp16.9%above the sector's middle half▲ 104.7pp-26.1%below the sector's middle half▼ 43.0pp-12.2%below the sector's middle half▲ 13.9pp42.0%above the sector's middle half▲ 54.2pp
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €9,407 after a loss of €3,028 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22,101
Fixed assets
€625 ▼ 51.4%
Current assets
€21,476 ▼ 5.9%
Equity and liabilities €22,101
Equity
€15,793 ▲ 142%
Debt
€6,307 ▼ 64.2%
Debt's share of the balance-sheet total falls from 73.0% to 28.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10,017▲
2023 · -€2,117
Cash flow
€9,889▲
2023 · -€2,034
Debt to equity
0.40▼
2023 · 2.70
ROE
58.7%▲
2023 · -45.2%
Interest coverage
96.79▲
2023 · -12.95
Debt ≤ 1 year
€6,307▼
2023 · €17,605
Income taxes
€174▲
2023 · €131
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 31,370 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,145 | €1,939 | €493 | €911 | €611 | ▼ 33.0% |
| Other operating charges640/8 | - | €591 | €5,368 | €738 | €880 | ▲ 19.2% |
| Gross operating margin9900 | -€32,472 | €8,993 | -€595 | -€1,380 | €10,897 | ▲ 890% |
| Operating profit (loss)9901 | -€35,621 | €6,464 | -€6,455 | -€3,028 | €9,407 | ▲ 411% |
| Financial income75/76B | - | €281 | €1 | €378 | €150 | ▼ 60.4% |
| Recurring financial income75 | €758 | €281 | €1 | €378 | €150 | ▼ 60.4% |
| Financial charges65/66B | - | €260 | €249 | €163 | €104 | ▼ 36.7% |
| Recurring financial charges65 | €373 | €260 | €249 | €163 | €104 | ▼ 36.7% |
| Profit (loss) for the period before taxes9903 | -€35,236 | €6,484 | -€6,703 | -€2,814 | €9,453 | ▲ 436% |
| Income taxes67/77 | - | €117 | €120 | €131 | €174 | ▲ 33.0% |
| Profit (loss) for the period9904 | -€35,236 | €6,367 | -€6,823 | -€2,945 | €9,278 | ▲ 415% |
| Profit (loss) for the period to be appropriated9905 | -€35,236 | €6,367 | -€6,823 | -€2,945 | €9,278 | ▲ 415% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €40,131 | €37,698 | €26,159 | €24,120 | €22,101 | ▼ 8.4% |
| Fixed assets21/28 | €2,101 | €1,319 | €2,196 | €1,285 | €625 | ▼ 51.4% |
| Tangible fixed assets22/27 | €2,051 | €1,269 | €2,146 | €1,235 | €625 | ▼ 49.4% |
| Plant, machinery and equipment23 | - | €413 | €344 | €275 | €206 | ▼ 25.0% |
| Furniture and vehicles24 | - | €857 | €1,802 | €960 | €418 | ▼ 56.4% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €0 | ▼ 100% |
| Current assets29/58 | €38,030 | €36,378 | €23,962 | €22,835 | €21,476 | ▼ 5.9% |
| Stocks and contracts in progress3 | €3,061 | €1,532 | €332 | - | - | - |
| Stocks30/36 | - | €1,532 | €332 | - | - | - |
| Amounts receivable within one year40/41 | €27,996 | €25,769 | €14,989 | €19,730 | €17,519 | ▼ 11.2% |
| Trade receivables40 | - | €21,914 | €13,388 | €19,730 | €12,824 | ▼ 35.0% |
| Other amounts receivable41 | - | €3,855 | €1,601 | - | €4,695 | - |
| Cash at bank and in hand54/58 | €6,841 | €9,077 | €7,667 | €1,941 | €2,942 | ▲ 51.5% |
| Deferred charges and accrued income490/1 | - | - | €974 | €1,164 | €1,016 | ▼ 12.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €40,131 | €37,698 | €26,159 | €24,120 | €22,101 | ▼ 8.4% |
| Equity10/15 | €9,916 | €16,283 | €9,460 | €6,515 | €15,793 | ▲ 142% |
| Contributions10/11 | - | €20,473 | €20,473 | €20,473 | €20,473 | = |
| Reserves13 | €2,603 | €2,603 | €2,603 | €2,603 | €2,603 | = |
| Non-distributable reserves130/1 | - | €2,603 | €2,603 | €2,603 | €2,603 | = |
| Reserves not available under the articles1311 | - | €2,603 | €2,603 | €2,603 | €2,603 | = |
| Profit (loss) carried forward14 | -€13,160 | -€6,793 | -€13,616 | -€16,561 | -€7,282 | ▲ 56.0% |
| Amounts payable17/49 | €30,215 | €21,415 | €16,699 | €17,605 | €6,307 | ▼ 64.2% |
| Amounts payable within one year42/48 | €30,215 | €21,351 | €16,677 | €17,605 | €6,307 | ▼ 64.2% |
| Trade debts44 | €16,352 | €12,356 | €9,869 | €5,608 | €5,882 | ▲ 4.9% |
| Suppliers440/4 | - | €12,356 | €9,869 | €5,608 | €5,882 | ▲ 4.9% |
| Taxes, remuneration and social security45 | - | €1,847 | €275 | €885 | €425 | ▼ 51.9% |
| Taxes450/3 | - | €1,847 | €275 | €885 | €425 | ▼ 51.9% |
| Other amounts payable47/48 | - | €7,147 | €6,533 | €11,112 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €64 | €21 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€35,236 | €6,367 | -€6,823 | -€2,945 | €9,278 | ▲ 415% |
| + Depreciation and write-downs630 | €2,145 | €1,939 | €493 | €911 | €611 | ▼ 33.0% |
| Operating cash flow (approximation) | -€33,091 | €8,306 | -€6,330 | -€2,034 | €9,889 | ▲ 586% |
| Investment in fixed assets (approximation) | - | -€1,157 | -€1,369 | €0 | €50 | - |
| Change in cash | - | €2,236 | -€1,410 | -€5,726 | €1,001 | ▲ 117% |
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
2025
05-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 97 days late
2024
31-12
Financial
Back to profitnet €9,278
Net result €9,278 after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 3.40
Current ratio from 1.30 to 3.40; short-term debt falls from €17,605 to €6,307.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
03-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 125 days late
2021
31-12
Financial
Back to profitnet €6,367
Net result €6,367 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€35,236
Net result drops to -€35,236, the lowest in the series; recovery starts the following year.
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
02-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 33 days late
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Braine-l'Alleud · 1 establishment unit since 1986
Ground area
4.6 ha
Building footprint
210 m²
Volume, LiDAR
1,131 m³
2 parcels, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DECHAPHIL
since 19862.035.196.689
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25014N1070/00_000 | Wallonia | 4.2 ha | - | - |
| 25014N1049/00_000 | Wallonia | 3,886 m² | 1 · 210 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 461 companies in sector 28250 we hold annual accounts for 286. 98 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 (pre-2019)
Founded17-03-1986
Fiscal year end31-12
Activities, NACEBEL 2025
28250Manufacture of machinery and equipment not elsewhere classified
43211General electrical installation work
43221Plumbing work
Contact
E-mail
info@dechaphil.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0428868870
Also
9925:BE0428868870
Registered
08-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.