DECINCO
ActiveSummary
DECINCO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€56,797. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 40% of 739 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability26▼-28
Solvency59=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 4.39 against 3.8 in 2024; short-term debt: 8.1% and cash: 0.5% of total assets), but 65.6% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
34.4%
Return on assets
-1.5%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
7 d late
2023
16 d late
2022
5 d early
2021
4 d late
2020
on the day
2019
28 d late
← 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 7 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 4 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
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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
-€56,797
2024 · €159,519
Working capital
€1.0m▲ 2.0%
2024 · €1.0m
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€87,226▼ 26.4%€116,207▲ 33.2%€82,128▼ 29.3%€316,409▲ 285%-€10,437
Net result-€93,077below the sector's middle half▼ 2,198%€25,134within the sector's middle half-€22,608below the sector's middle half€159,519within the sector's middle half-€56,797below the sector's middle half
Equity€1.2mabove the sector's middle half▼ 7.2%€1.2mabove the sector's middle half▲ 2.1%€1.2mabove the sector's middle half▼ 1.9%€1.4mabove the sector's middle half▲ 13.3%€1.3mwithin the sector's middle half▼ 4.2%
Total assets€3.8mabove the sector's middle half▼ 7.9%€3.8mabove the sector's middle half▼ 1.1%€3.8mabove the sector's middle half▲ 0.1%€4.0mabove the sector's middle half▲ 4.0%€3.8mwithin the sector's middle half▼ 4.8%
Debt€1.7m▼ 11.8%€1.6m▼ 3.1%€1.6m▲ 2.6%€1.7m▲ 0.6%€1.5m▼ 6.7%
Working capital€1.0mabove the sector's middle half▼ 10.1%€1.1mabove the sector's middle half▲ 6.2%€1.1mabove the sector's middle half▲ 0.2%€1.0mabove the sector's middle half▼ 8.5%€1.0mwithin the sector's middle half▲ 2.0%
Solvency31.0%within the sector's middle half▲ 0.2pp32.0%within the sector's middle half▲ 1.0pp31.4%within the sector's middle half▼ 0.6pp34.2%within the sector's middle half▲ 2.8pp34.4%within the sector's middle half▲ 0.2pp
Current ratio3.79within the sector's middle half▲ 0.764.23above the sector's middle half▲ 0.434.48above the sector's middle half▲ 0.253.80above the sector's middle half▼ 0.684.39above the sector's middle half▲ 0.58
Return on assets (ROA)-2.4%below the sector's middle half▼ 2.3pp0.7%within the sector's middle half▲ 3.1pp-0.6%below the sector's middle half▼ 1.3pp4.0%within the sector's middle half▲ 4.6pp-1.5%below the sector's middle half▼ 5.5pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10,437 after €316,409 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.8m
Fixed assets
€2.4m ▼ 6.0%
Current assets
€1.3m ▼ 2.7%
Equity and liabilities €3.8m
Equity
€1.3m ▼ 4.2%
Provisions
€934,477 ▼ 2.5%
Debt
€1.5m ▼ 6.7%
Debt's share of the balance-sheet total falls from 41.6% to 40.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€144,701▼
2024 · €475,094
Cash flow
€98,341▼
2024 · €318,204
Quick ratio
4.36▲
2024 · 3.78
Debt to equity
1.19▼
2024 · 1.22
ROE
-4.4%▼
2024 · 11.8%
Interest coverage
1.05▼
2024 · 3.59
Debt ≤ 1 year
€304,399▼
2024 · €360,742
Debt > 1 year
€1.2m▼
2024 · €1.3m
Income taxes
€537▼
2024 · €45,990
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,340 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% | 1.8% |
| 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% 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 8,611 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €126,191 | €143,838 | €146,758 | €158,685 | €155,138 | ▼ 2.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€14,858 | -€15,393 | -€16,290 | -€23,572 | ▼ 44.7% |
| Other operating charges640/8 | - | €16,661 | €13,584 | €18,851 | €12,167 | ▼ 35.5% |
| Gross operating margin9900 | €219,722 | €261,849 | €227,076 | €477,655 | €133,296 | ▼ 72.1% |
| Operating profit (loss)9901 | €87,226 | €116,207 | €82,128 | €316,409 | -€10,437 | ▼ 103% |
| Financial income75/76B | - | €58,237 | €14,416 | €21,456 | €91,532 | ▲ 327% |
| Recurring financial income75 | €31,409 | €58,237 | €14,416 | €21,456 | €91,532 | ▲ 327% |
| Financial charges65/66B | - | €135,488 | €118,922 | €132,356 | €137,355 | ▲ 3.8% |
| Recurring financial charges65 | €140,827 | €135,488 | €118,922 | €132,356 | €137,355 | ▲ 3.8% |
| Profit (loss) for the period before taxes9903 | -€102,191 | €38,956 | -€22,378 | €205,509 | -€56,260 | ▼ 127% |
| Income taxes67/77 | -€9,114 | €13,822 | €230 | €45,990 | €537 | ▼ 98.8% |
| Profit (loss) for the period9904 | -€93,077 | €25,134 | -€22,608 | €159,519 | -€56,797 | ▼ 136% |
| Transfer to tax-exempt reserves689 | - | - | - | €58,940 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€93,077 | €25,134 | -€22,608 | €100,579 | -€56,797 | ▼ 156% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.8m | €3.8m | €3.8m | €4.0m | €3.8m | ▼ 4.8% |
| Fixed assets21/28 | €2.4m | €2.4m | €2.4m | €2.6m | €2.4m | ▼ 6.0% |
| Tangible fixed assets22/27 | €2.3m | €2.2m | €2.1m | €2.3m | €2.2m | ▼ 6.2% |
| Land and buildings22 | - | €1.5m | €1.4m | €1.7m | €1.7m | ▼ 3.0% |
| Plant, machinery and equipment23 | - | €681,946 | €635,702 | €564,184 | €479,072 | ▼ 15.1% |
| Furniture and vehicles24 | - | €61,789 | €53,160 | €43,104 | €35,387 | ▼ 17.9% |
| Financial fixed assets28 | €153,338 | €142,748 | €270,248 | €270,248 | €260,248 | ▼ 3.7% |
| Current assets29/58 | €1.4m | €1.4m | €1.4m | €1.4m | €1.3m | ▼ 2.7% |
| Amounts receivable after more than one year29 | - | - | €101,111 | €74,238 | €31,112 | ▼ 58.1% |
| Other amounts receivable291 | - | - | €101,111 | €74,238 | €31,112 | ▼ 58.1% |
| Stocks and contracts in progress3 | €7,530 | €10,585 | €9,444 | €9,596 | €9,007 | ▼ 6.1% |
| Stocks30/36 | - | €10,585 | €9,444 | €9,596 | €9,007 | ▼ 6.1% |
| Amounts receivable within one year40/41 | €71,278 | €107,005 | €128,722 | €103,750 | €105,151 | ▲ 1.3% |
| Trade receivables40 | - | €99,784 | €118,878 | €96,530 | €100,682 | ▲ 4.3% |
| Other amounts receivable41 | - | €7,220 | €9,844 | €7,220 | €4,468 | ▼ 38.1% |
| Current investments50/53 | €1.3m | €1.3m | €1.2m | €1.2m | €1.1m | ▼ 0.8% |
| Cash at bank and in hand54/58 | €70,627 | €46,739 | €23,399 | €8,210 | €20,568 | ▲ 151% |
| Deferred charges and accrued income490/1 | - | €5,604 | €3,867 | €17,718 | €20,823 | ▲ 17.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.8m | €3.8m | €3.8m | €4.0m | €3.8m | ▼ 4.8% |
| Equity10/15 | €1.2m | €1.2m | €1.2m | €1.4m | €1.3m | ▼ 4.2% |
| Contributions10/11 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Revaluation surpluses12 | - | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Reserves13 | €1.1m | €1.1m | €1.1m | €1.2m | €1.2m | ▼ 4.7% |
| Non-distributable reserves130/1 | - | €475,457 | €423,721 | €423,721 | €423,721 | = |
| Reserves not available under the articles1311 | - | €475,457 | €423,721 | €423,721 | €423,721 | = |
| Tax-exempt reserves132 | - | - | - | €58,940 | €58,940 | = |
| Distributable reserves133 | - | €602,396 | €631,524 | €732,103 | €675,306 | ▼ 7.8% |
| Profit (loss) carried forward14 | €15,390 | - | - | - | - | - |
| Provisions and deferred taxes16 | €1.0m | €989,733 | €974,339 | €958,049 | €934,477 | ▼ 2.5% |
| Provisions for liabilities and charges160/5 | - | €989,733 | €974,339 | €958,049 | €934,477 | ▼ 2.5% |
| Other liabilities and charges164/5 | - | €989,733 | €974,339 | €958,049 | €934,477 | ▼ 2.5% |
| Amounts payable17/49 | €1.7m | €1.6m | €1.6m | €1.7m | €1.5m | ▼ 6.7% |
| Amounts payable after more than one year17 | €1.3m | €1.3m | €1.3m | €1.3m | €1.2m | ▼ 3.5% |
| Financial debts170/4 | - | €1.3m | €1.3m | €1.3m | €1.2m | ▼ 3.7% |
| Other amounts payable178/9 | - | - | - | - | €2,500 | - |
| Amounts payable within one year42/48 | €371,608 | €341,446 | €317,386 | €360,742 | €304,399 | ▼ 15.6% |
| Current portion of amounts payable after more than one year42 | - | €24,644 | €45,679 | €46,619 | €47,578 | ▲ 2.1% |
| Trade debts44 | €28,897 | €36,122 | €35,768 | €15,414 | €21,273 | ▲ 38.0% |
| Suppliers440/4 | - | €36,122 | €35,768 | €15,414 | €21,273 | ▲ 38.0% |
| Advances received on contracts in progress46 | - | - | - | - | €6,600 | - |
| Taxes, remuneration and social security45 | - | €32,686 | €22,709 | €21,259 | €11,014 | ▼ 48.2% |
| Taxes450/3 | - | €32,686 | €22,709 | €21,259 | €11,014 | ▼ 48.2% |
| Other amounts payable47/48 | - | €247,994 | €213,230 | €277,450 | €217,934 | ▼ 21.5% |
| Accrued charges and deferred income492/3 | - | €3,602 | €3,805 | €17,414 | €7,768 | ▼ 55.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€93,077 | €25,134 | -€22,608 | €159,519 | -€56,797 | ▼ 136% |
| + Depreciation and write-downs630 | €126,191 | €143,838 | €146,758 | €158,685 | €155,138 | ▼ 2.2% |
| Operating cash flow (approximation) | €33,114 | €168,972 | €124,150 | €318,204 | €98,341 | ▼ 69.1% |
| Investment in fixed assets (approximation) | - | -€68,875 | -€171,828 | -€362,676 | -€149 | ▲ 100.0% |
| Change in cash | - | -€23,888 | -€23,340 | -€15,189 | €12,358 | ▲ 181% |
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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
07-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 7 days late
31-03
Financial
Back to profitnet €159,519
Net result €159,519 after one loss-making year.
2023
16-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 16 days late
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Back to profitnet €25,134
Net result €25,134 after 2 loss-making years.
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
31-03
Financial
Weakest financial yearnet -€93,077
Net result drops to -€93,077, the lowest in the series; recovery starts the following year.
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2018
22-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2017
21-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2016
21-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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
Ground area
408 m²
Building footprint
124 m²
Volume, LiDAR
1,236 m³
Parcel 21612C0173/00W008, Brussels · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DECINCO
since 19902.048.997.217
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0173/00W008 | Brussels | 408 m² | 1 · 124 m² | 14.2 m · 4 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-03-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the annual accounts to 31-03-2025 of DECINCO 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500SH4H2RELAS3546
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Identification & contact
Identification
Legal formPrivate limited company
Founded13-07-1990
Fiscal year end31-03
Activities, NACEBEL 2025
71112Activities of interior architects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441018715
Registered
07-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.