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DECHIMEX

Active
Public limited companyfounded 199036 yrs activeWaterloosesteenweg 1333-1335, 1180 Ukkel, BelgiumKBO/BCE: BE 0439.892.426
Summary

DECHIMEX has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €565,745 and a net result of €1,545. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 5048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability27▲+12
Solvency83▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 2.36 against 1.71 in 2024; short-term debt: 41.9% and cash: 16.1% of total assets), and 42.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
57.6%
Return on assets
0.2%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
34 d late
2023
90 d late
2022
31 d late
2021
26 d late
2020
26 d late
2019
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DECHIMEX was incorporated on 23 February 1990.1 Total assets fell from EUR 2.3 million in 2018 to EUR 981,711 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1,545
2024 · -€39,503
Working capital
€557,074▼ 6.7%
2024 · €597,036
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20212022202320242025
Operating result€112,332€45,221▼ 59.7%€188,369▲ 317%-€28,876€78,552
Net result€183,946within the sector's middle half€192,474within the sector's middle half▲ 4.6%€143,448within the sector's middle half▼ 25.5%-€39,503below the sector's middle half€1,545below the sector's middle half
Equity€467,518within the sector's middle half▲ 64.9%€565,255within the sector's middle half▲ 20.9%€708,704within the sector's middle half▲ 25.4%€604,200above the sector's middle half▼ 14.7%€565,745within the sector's middle half▼ 6.4%
Total assets€2.3mwithin the sector's middle half▲ 46.4%€1.7mwithin the sector's middle half▼ 27.7%€1.9mwithin the sector's middle half▲ 10.1%€1.4mabove the sector's middle half▼ 21.8%€981,711below the sector's middle half▼ 32.2%
Debt€1.9m▲ 42.4%€1.1m▼ 39.9%€1.1m▲ 2.4%€844,113▼ 26.2%€415,966▼ 50.7%
Working capital€465,256within the sector's middle half▲ 57.1%€565,328within the sector's middle half▲ 21.5%€699,467within the sector's middle half▲ 23.7%€597,036above the sector's middle half▼ 14.6%€557,074within the sector's middle half▼ 6.7%
Solvency20.1%within the sector's middle half▲ 2.3pp33.6%within the sector's middle half▲ 13.5pp38.2%within the sector's middle half▲ 4.7pp41.7%within the sector's middle half▲ 3.5pp57.6%within the sector's middle half▲ 15.9pp
Current ratio1.25within the sector's middle half▲ 0.021.51within the sector's middle half▲ 0.261.61within the sector's middle half▲ 0.101.71within the sector's middle half▲ 0.102.36within the sector's middle half▲ 0.64
Return on assets (ROA)7.9%within the sector's middle half▲ 17.5pp11.4%above the sector's middle half▲ 3.5pp7.7%within the sector's middle half▼ 3.7pp-2.7%within the sector's middle half▼ 10.5pp0.2%within the sector's middle half▲ 2.9pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2021: €112,332€112,332Net result 2021: €183,946€183,946Operating result 2022: €45,221€45,221Net result 2022: €192,474€192,474Operating result 2023: €188,369€188,369Net result 2023: €143,448€143,448Operating result 2024: -€28,876-€28,876Net result 2024: -€39,503-€39,503Operating result 2025: €78,552€78,552Net result 2025: €1,545€1,54520212022202320242025-€100,000€0€100,000€200,000Operating result 2023: €188,369€188,000Net result 2023: €143,448€143,000Operating result 2024: -€28,876-€28,900Net result 2024: -€39,503-€39,500Operating result 2025: €78,552€78,600Net result 2025: €1,545€1,540202320242025
The operating result returns to profit in 2025: €78,552 after a loss of €28,876 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €981,711
Fixed assets €13,681 ▲ 6.9%
Current assets €968,030 ▼ 32.6%
Equity and liabilities €981,711
Equity €565,745 ▼ 6.4%
Debt €415,966 ▼ 50.7%
Debt's share of the balance-sheet total falls from 58.3% to 42.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€78,846▲
2024 · -€27,429
Cash flow
€1,838▲
2024 · -€38,057
Debt to equity
0.74▼
2024 · 1.40
ROE
0.3%▲
2024 · -6.5%
Interest coverage
1.02▲
2024 · -0.52
Debt ≤ 1 year
€410,956▼
2024 · €838,478
Income taxes
€324▼
2024 · €432
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% 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 0.5% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 14,732 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€981,711▼
Fixed assets21/28€12,800€13,681▲
Tangible fixed assets22/27€0€881▲
Furniture and vehicles24€0€881▲
Financial fixed assets28€12,800€12,800=
Current assets29/58€1.4m€968,030▼
Amounts receivable within one year40/41€1.4m€704,813▼
Trade receivables40€1.4m€701,491▼
Other amounts receivable41€2,369€3,323▲
Cash at bank and in hand54/58€12,186€157,940▲
Deferred charges and accrued income490/1€46,253€105,277▲
Equity and liabilities
Total equity and liabilities10/49€1.4m€981,711▼
Equity10/15€604,200€565,745▼
Contributions10/11€85,000€85,000=
Capital10€85,000€85,000=
Issued capital100€85,000€85,000=
Reserves13€160,581€120,581▼
Non-distributable reserves130/1€8,500€8,500=
Legal reserve130€8,500€8,500=
Distributable reserves133€152,081€112,081▼
Profit (loss) carried forward14€358,619€360,164▲
Amounts payable17/49€844,113€415,966▼
Amounts payable within one year42/48€838,478€410,956▼
Financial debts43€834,248€399,000▼
Credit institutions430/8€235,248-
Other loans439€599,000€399,000▼
Trade debts44€3,309€11,043▲
Suppliers440/4€3,309€11,043▲
Taxes, remuneration and social security45€921€913▼
Taxes450/3€921€913▼
Accrued charges and deferred income492/3€5,635€5,010▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,447€294▼
Other operating charges640/8€3,740€1,527▼
Non-recurring operating charges66A€137€296▲
Gross operating margin9900-€23,552€80,669▲
Operating profit (loss)9901-€28,876€78,552▲
Financial income75/76B€42,266€402▼
Recurring financial income75€42,266€402▼
Financial charges65/66B€52,461€77,085▲
Recurring financial charges65€52,461€77,085▲
Profit (loss) for the period before taxes9903-€39,072€1,869▲
Income taxes67/77€432€324▼
Profit (loss) for the period9904-€39,503€1,545▲
Profit (loss) for the period to be appropriated9905-€39,503€1,545▲
Appropriation of the result
Profit (loss) to be appropriated9906€358,619€360,164▲
Profit (loss) brought forward from the previous period14P€398,122€358,619▼
Transfer from equity791/2-€40,000
To other reserves6921-€0
Profit to be distributed694/7-€40,000
Return on contributions (dividend)694-€40,000

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,690€1,157€868€1,447€294▼ 79.7%
Other operating charges640/8€2,034€1,314€1,767€3,740€1,527▼ 59.2%
Non-recurring operating charges66A-€146€63€137€296▲ 116%
Gross operating margin9900€117,056€47,838€191,067-€23,552€80,669▲ 443%
Operating profit (loss)9901€112,332€45,221€188,369-€28,876€78,552▲ 372%
Financial income75/76B€159,878€199,447€2,771€42,266€402▼ 99.0%
Recurring financial income75€159,878€199,447€2,771€42,266€402▼ 99.0%
Financial charges65/66B€87,646€51,779€47,220€52,461€77,085▲ 46.9%
Recurring financial charges65€87,646€51,779€47,220€52,461€77,085▲ 46.9%
Profit (loss) for the period before taxes9903€184,564€192,889€143,920-€39,072€1,869▲ 105%
Income taxes67/77€618€414€472€432€324▼ 24.9%
Profit (loss) for the period9904€183,946€192,474€143,448-€39,503€1,545▲ 104%
Profit (loss) for the period to be appropriated9905€183,946€192,474€143,448-€39,503€1,545▲ 104%
Line20212022202320242025Change
Assets
Total assets20/58€2.3m€1.7m€1.9m€1.4m€981,711▼ 32.2%
Fixed assets21/28€16,272€15,115€14,247€12,800€13,681▲ 6.9%
Tangible fixed assets22/27€3,472€2,315€1,447€0€881-
Furniture and vehicles24€3,472€2,315€1,447€0€881-
Financial fixed assets28€12,800€12,800€12,800€12,800€12,800=
Current assets29/58€2.3m€1.7m€1.8m€1.4m€968,030▼ 32.6%
Amounts receivable within one year40/41€1.8m€1.5m€1.7m€1.4m€704,813▼ 48.8%
Trade receivables40€1.8m€1.5m€1.7m€1.4m€701,491▼ 49.0%
Other amounts receivable41€7,808€7,881€4,767€2,369€3,323▲ 40.3%
Cash at bank and in hand54/58€332,832€100,710€39,285€12,186€157,940▲ 1,196%
Deferred charges and accrued income490/1€164,045€93,879€53,492€46,253€105,277▲ 128%
Equity and liabilities
Total equity and liabilities10/49€2.3m€1.7m€1.9m€1.4m€981,711▼ 32.2%
Equity10/15€467,518€565,255€708,704€604,200€565,745▼ 6.4%
Contributions10/11€85,000€85,000€85,000€85,000€85,000=
Capital10€85,000€85,000€85,000€85,000€85,000=
Issued capital100€85,000€85,000€85,000€85,000€85,000=
Reserves13€320,318€225,581€225,581€160,581€120,581▼ 24.9%
Non-distributable reserves130/1€8,500€8,500€8,500€8,500€8,500=
Legal reserve130€8,500-€8,500€8,500€8,500=
Reserves not available under the articles1311-€8,500----
Distributable reserves133€311,818€217,081€217,081€152,081€112,081▼ 26.3%
Profit (loss) carried forward14€62,200€254,674€398,122€358,619€360,164▲ 0.4%
Amounts payable17/49€1.9m€1.1m€1.1m€844,113€415,966▼ 50.7%
Amounts payable within one year42/48€1.8m€1.1m€1.1m€838,478€410,956▼ 51.0%
Financial debts43€1.6m€1.0m€1.0m€834,248€399,000▼ 52.2%
Credit institutions430/8€631,756€417,315€409,000€235,248--
Other loans439€974,000€599,000€599,000€599,000€399,000▼ 33.4%
Trade debts44€240,709€86,080€130,999€3,309€11,043▲ 234%
Suppliers440/4€240,709€86,080€130,999€3,309€11,043▲ 234%
Taxes, remuneration and social security45--€390€921€913▼ 0.9%
Taxes450/3--€390€921€913▼ 0.9%
Accrued charges and deferred income492/3€14,010€15,187€5,010€5,635€5,010▼ 11.1%
Line20212022202320242025Change
Profit (loss) for the period9904€183,946€192,474€143,448-€39,503€1,545▲ 104%
+ Depreciation and write-downs630€2,690€1,157€868€1,447€294▼ 79.7%
Operating cash flow (approximation)€186,636€193,632€144,316-€38,057€1,838▲ 105%
Investment in fixed assets (approximation)--€0€0€0-€1,174-
Change in cash--€232,123-€61,425-€27,099€145,754▲ 638%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial Back to profitnet €1,545
Net result €1,545 after one loss-making year.
03-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 34 days late
2024
29-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 90 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial Highest result since 2018net €192,474 ▲4.6%
Net result €192,474, the highest in the series.
31-12
Financial Equity above €500,000Eq €565,255 ▲20.9%
2 profitable years in a row build equity to €565,255.
26-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
31-12
Financial Back to profitnet €183,946
Net result €183,946 after 3 loss-making years.
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
14-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
20-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
9 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, Ukkel · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
566 m²
Building footprint
277 m²
Volume, LiDAR
3,512 m³
Parcel 21614H0003/00E008, Brussels · tallest building 19.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Waterloosesteenweg 1333-1335, 1180 Ukkel
Non-specialised wholesale trade
since 19902.047.535.188
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21614H0003/00E008 Brussels 566 m² 1 · 277 m² 19.5 m · 5 fl.
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.

Recognitions · licences · registrations

Legal Entity Identifier

875500ELHU1AG2QHUO02
live in the LEI register

Similar companies · same sector, comparable size

Of 840 companies in sector 46810 we hold annual accounts for 475. 361 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded23-02-1990
Fiscal year end31-12
Activities, NACEBEL 2025
46810Wholesale of solid, liquid and gaseous fuels and related products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0439892426
Registered 04-12-2025

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.