DECITEX
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 24-07-2026 at the NBB all 36 filings
Equity
€11.5m▲ 2.8%
2024 · €11.2m
Total assets
€14.3m▲ 27.6%
2024 · €11.2m
Net result
€316,484▼ 5.5%
2024 · €334,973
Working capital
€458,842▼ 87.3%
2024 · €3.6m
In the rankings
#7 company by total assets in Kruisem, Professional and technical services sector#7 company by equity in Kruisem, Professional and technical services sector#8 oldest company in Kruisem, Professional and technical services sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€38,207
▼ 33.3%
2025
20182025
Net result
€316,484
▼ 5.5%
2025
highest quarter of the sector
20182025
Equity
€11.5m
▲ 2.8%
2025
highest quarter of the sector
20182025
Total assets
€14.3m
▲ 27.6%
2025
highest quarter of the sector
20182025
Debt
€2.8m
▲ 85×
2025
20182025
Working capital
€458,842
▼ 87.3%
2025
highest quarter of the sector
20182025
Solvency
80.4%
▼ 19.3pp
2025
highest quarter of the sector
20182025
Current ratio
1.16
2025
middle half of the sector
20182025
Return on assets (ROA)
2.2%
▼ 0.8pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.05m-€0.08m▲ 48.0%€0.09m▲ 17.1%€0.07m▼ 22.2%€0.06m▼ 12.3%-€0.03m-€0.03m▲ 10.2%-€0.04m▼ 33.3%
Net result€0.2m-€0.2m▲ 16.6%€0.2mabove the sector's middle half▲ 8.4%€0.2mabove the sector's middle half▼ 5.7%€2.7mabove the sector's middle half▲ 14×€0.2mabove the sector's middle half▼ 91.9%€0.3mabove the sector's middle half▲ 55.5%€0.3mabove the sector's middle half▼ 5.5%
Equity€7.5m-€7.7m▲ 2.5%€7.9mabove the sector's middle half▲ 2.6%€8.1mabove the sector's middle half▲ 2.4%€10.6mabove the sector's middle half▲ 31.2%€10.9mabove the sector's middle half▲ 2.0%€11.2mabove the sector's middle half▲ 3.1%€11.5mabove the sector's middle half▲ 2.8%
Total assets€8.0m-€8.2m▲ 1.7%€8.3mabove the sector's middle half▲ 2.2%€8.3mabove the sector's middle half▼ 0.5%€11.0mabove the sector's middle half▲ 32.3%€11.2mabove the sector's middle half▲ 1.6%€11.2mabove the sector's middle half▲ 0.6%€14.3mabove the sector's middle half▲ 27.6%
Debt€0.5m-€0.4m▼ 10.5%€0.4m▼ 4.6%€0.2m▼ 55.5%€0.3m▲ 78.7%€0.3m▼ 10.8%€0.03m▼ 88.8%€2.8m▲ 85×
Working capital-€0.3m--€0.07m▲ 74.7%-€0.03mwithin the sector's middle half▲ 63.1%€0.2mwithin the sector's middle half€3.0mabove the sector's middle half▲ 14×€3.2mabove the sector's middle half▲ 7.9%€3.6mabove the sector's middle half▲ 11.3%€0.5mabove the sector's middle half▼ 87.3%
Solvency93.9%-94.6%▲ 0.7pp95.0%above the sector's middle half▲ 0.4pp97.8%above the sector's middle half▲ 2.8pp97.0%above the sector's middle half▼ 0.8pp97.3%above the sector's middle half▲ 0.4pp99.7%above the sector's middle half▲ 2.4pp80.4%above the sector's middle half▼ 19.3pp
Current ratio0.39-0.83▲ 0.440.93within the sector's middle half▲ 0.112.27within the sector's middle half▲ 1.3310.19above the sector's middle half▲ 7.9212.05above the sector's middle half▲ 1.861.16within the sector's middle half
Return on assets (ROA)2.0%-2.2%▲ 0.3pp2.4%within the sector's middle half▲ 0.1pp2.3%within the sector's middle half▼ 0.1pp24.3%above the sector's middle half▲ 22.0pp1.9%within the sector's middle half▼ 22.4pp3.0%within the sector's middle half▲ 1.1pp2.2%within the sector's middle half▼ 0.8pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €38,207, larger than the loss of €28,663 in 2024. It is the lowest result since 2021.
Large changes and their cause
- 2023 Net result -92% on 2022. The accounts now follow the micro format, last year the abbreviated format.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.3m
Fixed assets
€11.1m ▲ 45.5%
Current assets
€3.3m ▼ 10.0%
Equity and liabilities €14.3m
Equity
€11.5m ▲ 2.8%
Debt
€2.8m ▲ 85×
Debt's share of the balance-sheet total rises from 0.3% to 19.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€17,297▼
2024 · €1,482
Cash flow
€337,394▼
2024 · €365,118
Debt to equity
0.24▲
2024 · 0.00
ROE
2.7%▼
2024 · 3.0%
Interest coverage
-11.18▼
2024 · -0.41
Debt ≤ 1 year
€2.8m▲
2024 · €29,820
Income taxes
€27,334▲
2024 · €25,341
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €47,806 | €9,936 | €6,090 | - | €4,925 |
| Financial fixed assets | - | - | - | - | €3.5m |
| Depreciation and write-downs of the year | €36,368 | €36,516 | €31,347 | €30,145 | €20,910 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €1,677 awarded · €1,677 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €327 | €327 |
| 2022 | 1 | €1,350 | €1,350 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.05m | €0.04m | €0.03m | €0.04m | €0.04m | €0.03m | €0.03m | €0.02m | ▼ 30.6% |
| Other operating charges640/8 | - | - | - | €0.003m | €0.004m | €0.004m | €0.006m | €0.006m | ▼ 7.6% |
| Gross operating margin9900 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.003m | €0.008m | -€0.01m | - |
| Operating profit (loss)9901 | €0.05m | €0.08m | €0.09m | €0.07m | €0.06m | -€0.03m | -€0.03m | -€0.04m | ▼ 33.3% |
| Financial income75/76B | - | - | - | €0.1m | €3.1m | €0.2m | €0.4m | €0.4m | ▼ 9.3% |
| Recurring financial income75 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | €0.4m | €0.4m | ▼ 9.3% |
| Non-recurring financial income76B | - | - | - | €0.004m | €2.9m | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.01m | €0.2m | €0.001m | €0.03m | €0.002m | ▼ 95.4% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.01m | €0.02m | €0.001m | -€0.004m | €0.002m | - |
| Non-recurring financial charges66B | - | - | - | - | €0.2m | - | €0.04m | - | - |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.2m | €0.2m | €0.2m | €2.9m | €0.2m | €0.4m | €0.3m | ▼ 4.6% |
| Income taxes67/77 | €0.001m | €0.001m | €486 | €327 | €0.3m | €353 | €0.03m | €0.03m | ▲ 7.9% |
| Profit (loss) for the period9904 | €0.2m | €0.2m | €0.2m | €0.2m | €2.7m | €0.2m | €0.3m | €0.3m | ▼ 5.5% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.2m | €0.2m | €0.2m | €2.7m | €0.2m | €0.3m | €0.3m | ▼ 5.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €8.0m | €8.2m | €8.3m | €8.3m | €11.0m | €11.2m | €11.2m | €14.3m | ▲ 27.6% |
| Fixed assets21/28 | €7.8m | €7.8m | €8.0m | €7.9m | €7.7m | €7.6m | €7.6m | €11.1m | ▲ 45.5% |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 6.3% |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 1.2% |
| Plant, machinery and equipment23 | - | - | - | €0.006m | €0.007m | €0.004m | €0.001m | €110 | ▼ 90.7% |
| Furniture and vehicles24 | - | - | - | €0.08m | €0.06m | €0.04m | €0.02m | €0.004m | ▼ 78.0% |
| Other tangible fixed assets26 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Financial fixed assets28 | €7.5m | €7.5m | €7.6m | €7.6m | €7.3m | €7.3m | €7.3m | €10.8m | ▲ 47.3% |
| Current assets29/58 | €0.2m | €0.3m | €0.4m | €0.4m | €3.3m | €3.5m | €3.6m | €3.3m | ▼ 10.0% |
| Amounts receivable after more than one year29 | - | - | - | - | - | €0.06m | €1.3m | €2.7m | ▲ 101% |
| Other amounts receivable291 | - | - | - | - | - | €0.06m | €1.3m | €2.7m | ▲ 101% |
| Amounts receivable within one year40/41 | €0.04m | €0.2m | €0.07m | €0.1m | €0.3m | €0.1m | €0.2m | €0.2m | ▼ 14.0% |
| Trade receivables40 | - | - | - | €0.07m | €0.09m | €0.007m | €0.01m | €0.007m | ▼ 46.9% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.2m | €0.1m | €0.2m | €0.2m | ▼ 12.1% |
| Current investments50/53 | - | - | - | - | €2.1m | €2.9m | €2.0m | - | - |
| Cash at bank and in hand54/58 | €0.1m | €0.1m | €0.3m | €0.3m | €0.9m | €0.4m | €0.03m | €0.4m | ▲ 12× |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▼ 24.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €8.0m | €8.2m | €8.3m | €8.3m | €11.0m | €11.2m | €11.2m | €14.3m | ▲ 27.6% |
| Equity10/15 | €7.5m | €7.7m | €7.9m | €8.1m | €10.6m | €10.9m | €11.2m | €11.5m | ▲ 2.8% |
| Contributions10/11 | €5.5m | €5.5m | €5.5m | €5.5m | €5.5m | €5.5m | €5.5m | €5.5m | = |
| Capital10 | - | - | - | €5.5m | €5.5m | €5.5m | €5.5m | €5.5m | = |
| Issued capital100 | - | - | - | €5.5m | €5.5m | €5.5m | €5.5m | €5.5m | = |
| Revaluation surpluses12 | - | - | - | €0.7m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Reserves13 | €1.4m | €1.5m | €1.7m | €1.9m | €4.6m | €4.8m | €5.1m | €5.5m | ▲ 6.2% |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 9.4% |
| Legal reserve130 | - | - | - | €0.1m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 9.4% |
| Distributable reserves133 | - | - | - | €1.8m | €4.3m | €4.5m | €4.8m | €5.1m | ▲ 5.9% |
| Amounts payable17/49 | €0.5m | €0.4m | €0.4m | €0.2m | €0.3m | €0.3m | €0.03m | €2.8m | ▲ 85× |
| Amounts payable within one year42/48 | €0.5m | €0.4m | €0.4m | €0.2m | €0.3m | €0.3m | €0.03m | €2.8m | ▲ 94× |
| Trade debts44 | €0.002m | €0.002m | - | €0.002m | €0.001m | €0.003m | €0.002m | €118 | ▼ 94.0% |
| Suppliers440/4 | - | - | - | €0.002m | €0.001m | €0.003m | €0.002m | €118 | ▼ 94.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.007m | €0.3m | €0.2m | €0.03m | €0.03m | ▲ 4.9% |
| Taxes450/3 | - | - | - | €0.007m | €0.3m | €0.2m | €0.03m | €0.03m | ▲ 4.9% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.07m | €0.04m | - | €2.8m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.005m | €0.003m | €0.003m | €0.003m | ▼ 14.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.2m | €0.2m | €0.2m | €2.7m | €0.2m | €0.3m | €0.3m | ▼ 5.5% |
| + Depreciation and write-downs630 | €0.05m | €0.04m | €0.03m | €0.04m | €0.04m | €0.03m | €0.03m | €0.02m | ▼ 30.6% |
| Operating cash flow (approximation) | €0.2m | €0.2m | €0.2m | €0.2m | €2.7m | €0.2m | €0.4m | €0.3m | ▼ 7.6% |
| Investment in fixed assets (approximation) | - | -€0.007m | -€0.2m | €0.03m | €0.2m | -€0.006m | €0 | -€3.5m | - |
| Change in cash | - | €0.01m | €0.1m | -€0.02m | €0.6m | -€0.4m | -€0.4m | €0.3m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-07-2026 | 2026-00328107 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00426939 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00441901 | |
| 31-12-2022 | abbreviated format | 28-09-2023 | 2023-00465189 | |
| 31-12-2021 | abbreviated format | 24-07-2022 | 2022-20226156 | |
| 31-12-2020 | abbreviated format | 28-08-2021 | 2021-59800417 | |
| 31-12-2019 | abbreviated format | 25-07-2020 | 2020-35000070 | |
| 31-12-2018 | abbreviated format | 08-06-2019 | 2019-17200079 | |
| 31-12-2017 | abbreviated format | 30-05-2018 | 2018-15900407 | |
| 31-12-2016 | abbreviated format | 17-06-2017 | 2017-18700532 |