DECHIKTOR
ActiveDECHIKTOR has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €-439. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 215 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-21
Solvency50▼-26
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.77 in 2024; short-term debt: 56.7% and cash: 6.2% of total assets), and 74.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
higher
← 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
25.2%
Return on assets
-0.1%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
77 d early
2023
40 d early
2022
33 d early
2021
26 d early
2020
19 d early
2019
18 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-439
2024 · €37k
2018: €-1k
2019: €-1k
2020: €-58k
2021: €28k
2022: €24k
2023: €11k
2024: €37k
2018 → 2025
Working capital
€-62k▼ 153%
2024 · €-25k
2018: €70k
2019: €69k
2020: €12k
2021: €5k
2022: €-9k
2023: €328
2024: €-25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€64k▲ 59.7%€75k▲ 17.5%€112k▲ 49.2%€112k▼ 0.4%
Operating result€28k-€26k▼ 9.1%€11k▼ 56.2%€50k▲ 340%€9k▼ 81.0%
Net result€28k-€24k▼ 15.9%€11k▼ 53.2%€37k▲ 230%€-439
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 81% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €443k
Fixed assets
€254k▲ 85.7%
Current assets
€189k▲ 125%
Equity and liabilities €443k
Equity
€112k▼ 0.4%
Debt
€331k▲ 205%
The debt ratio rises from 49.2% to 74.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€76k▲
2024 · €76k
Cash flow
€67k▲
2024 · €64k
Solvency
25.2%▼
2024 · 50.8%
Current ratio
0.75▼
2024 · 0.77
Quick ratio
0.72▼
2024 · 0.77
Debt / equity
2.96▲
2024 · 0.97
ROE
-0.4%▼
2024 · 33.0%
ROA
-0.1%▼
2024 · 16.8%
Interest coverage
8.43▼
2024 · 285.71
Debt
€331k▲
2024 · €109k
Debt ≤ 1 year
€251k▲
2024 · €109k
Debt > 1 year
€80k
Income taxes
€847▼
2024 · €13k
Staff costs
€15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€221k€443k▲
Fixed assets21/28€137k€254k▲
Tangible fixed assets22/27€123k€235k▲
Plant, machinery and equipment23€93k€90k▼
Furniture and vehicles24€29k€51k▲
Leasing and similar rights25-€94k
Financial fixed assets28€14k€19k▲
Current assets29/58€84k€189k▲
Stocks and contracts in progress3-€9k
Stocks30/36-€9k
Amounts receivable within one year40/41€82k€149k▲
Trade receivables40€76k€149k▲
Other amounts receivable41€6k-
Cash at bank and in hand54/58€308€28k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€221k€443k▲
Equity10/15€112k€112k▼
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€8k€8k=
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Profit (loss) carried forward14€30k€29k▼
Amounts payable17/49€109k€331k▲
Amounts payable after more than one year17-€80k
Financial debts170/4-€80k
Amounts payable within one year42/48€109k€251k▲
Current portion of amounts payable after more than one year42-€37k
Trade debts44€32k€113k▲
Suppliers440/4€32k€113k▲
Taxes, remuneration and social security45€28k€16k▼
Taxes450/3€14k€16k▲
Remuneration and social security454/9€14k-
Other amounts payable47/48€49k€85k▲
Income statement
Code20242025
Non-recurring operating income76A-€6k
Remuneration, social security and pensions62-€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€67k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-11k€6k▲
Other operating charges640/8€734€18k▲
Gross operating margin9900€66k€116k▲
Operating profit (loss)9901€50k€9k▼
Financial income75/76B€4-
Recurring financial income75€4-
Financial charges65/66B€267€9k▲
Recurring financial charges65€267€9k▲
Profit (loss) for the period before taxes9903€50k€408▼
Income taxes67/77€13k€847▼
Profit (loss) for the period9904€37k€-439▼
Profit (loss) for the period to be appropriated9905€37k€-439▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€29k▼
Profit (loss) brought forward from the previous period14P€-7k€30k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €37k ▲230%
Operating result €50k, net result €37k, both a record.
31-12
Financial
Equity above €100kEq €112k ▲49.2%
4 profitable years in a row build equity to €112k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after 3 loss-making years.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wanze · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Roua(VIN) 8/A4520 WanzeGround area
4,299 m²
Building footprint
175 m²
Volume, LiDAR
1,306 m³
2 parcels, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Roua 6, 4260 Braives
since 20022.098.891.245
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61070B0059/02_000indicative | Wallonia | 3,700 m² | - | - |
| 64028A0144/00S000 | Wallonia | 599 m² | 1 · 175 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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
BARDOEL
BE 0422.198.141
Menen · Eq €112k
MIG
BE 0449.168.101
Balen · Eq €113k
DC-Crush
BE 0776.500.044
Antwerpen · Eq €110k
DTEKCOOLING
BE 0770.779.222
Assesse · Eq €114k
RECY-CABLES
BE 0748.698.458
Seraing · Eq €109k
Of 979 companies in sector 38210 we hold annual accounts for 586. 304 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-11-2001
Fiscal year end31-12
Activities, NACEBEL
38210Materials recovery from waste
38329Waste collection, recovery and disposal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.