DECLIC - 101 S.A.
ActiveFrom the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
DECLIC - 101 S.A. has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.4m) and a net result of -€658. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 5% of 11,221 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 07-10-2008 Normal situation
- Legal form
- Public limited company
- Registered office
- Clos des Néfliers 6, 1310 La Hulpe
- Activity
- Buying and selling of own real estate NACE 68110and 3 others
- Establishment unit
- 2.173.878.480 1421 Braine-l'Alleud, since 27-10-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €14,858
- ▲ 472%
- Turnover
- ≈ €57,000
- estimated
- Loss
- €658
- ▼ 94.9%
- Equity
- -€1.4m
- =
- Total assets
- €525,378
- ▼ 0.8%
Why 54raises riskCapped at 59: negative equityNegative equity -€1.4mlowers riskSize: total assets €525,378Legal form: public limited companyLiquidity: current ratio 0.07, cash €123,844Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 5% on solvency, 22% on liquidity, 55% on profitability and 44% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 3 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, abbreviated format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 30-06-2026
- Format
- abbreviated format
- Reference
- 2026-00227078
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €595 in 2025 against €12,784 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,216 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 95.7% are still going.
- Small
- 10 to 20 years old
- negative equity
- a small loss
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,445 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% | 0.9% |
| 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 74.5% 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 1,216 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Other operating charges640/8 | - | - | - | €0.002m | €0.003m | €0.002m | €0.002m | €0.002m | ▲ 3.1% |
| Gross operating margin9900 | -€0.02m | €0.01m | €0.02m | €0.01m | €0.02m | €0.002m | €0.003m | €0.01m | ▲ 472% |
| Operating profit (loss)9901 | -€1.2m | -€0.003m | -€431 | -€0.003m | €0.001m | -€0.01m | -€0.01m | -€0.001m | ▲ 95.3% |
| Recurring financial income75 | €54 | - | - | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €131 | €138 | €163 | €212 | €63 | ▼ 70.2% |
| Recurring financial charges65 | €0.1m | - | €125 | €131 | €138 | €163 | €212 | €63 | ▼ 70.2% |
| Profit (loss) for the period before taxes9903 | -€1.3m | -€0.003m | -€0.001m | -€0.003m | €388 | -€0.01m | -€0.01m | -€0.001m | ▲ 94.9% |
| Income taxes67/77 | €16 | -€61 | -€16 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€1.3m | -€0.003m | -€0.001m | -€0.003m | €388 | -€0.01m | -€0.01m | -€0.001m | ▲ 94.9% |
| Profit (loss) for the period to be appropriated9905 | -€1.3m | -€0.003m | -€0.001m | -€0.003m | €388 | -€0.01m | -€0.01m | -€0.001m | ▲ 94.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €0.9m | €0.8m | €0.7m | €0.7m | €0.6m | €0.5m | €0.5m | ▼ 0.8% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 3.2% |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 3.2% |
| Land and buildings22 | - | - | - | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 3.2% |
| Current assets29/58 | €0.6m | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | €0.1m | €0.1m | ▲ 7.5% |
| Cash at bank and in hand54/58 | €0.6m | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | €0.1m | €0.1m | ▲ 7.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €67 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €0.9m | €0.8m | €0.7m | €0.7m | €0.6m | €0.5m | €0.5m | ▼ 0.8% |
| Equity10/15 | -€1.3m | -€1.3m | -€1.3m | -€1.3m | -€1.3m | -€1.3m | -€1.4m | -€1.4m | = |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Profit (loss) carried forward14 | -€1.4m | -€1.4m | -€1.4m | -€1.4m | -€1.4m | -€1.4m | -€1.4m | -€1.4m | = |
| Amounts payable17/49 | €2.4m | €2.2m | €2.1m | €2.1m | €2.1m | €2.0m | €1.9m | €1.9m | ▼ 0.2% |
| Amounts payable after more than one year17 | - | - | - | €0.003m | €0.004m | €0.003m | - | - | - |
| Other amounts payable178/9 | - | - | - | €0.003m | €0.004m | €0.003m | - | - | - |
| Amounts payable within one year42/48 | €2.4m | €2.2m | €2.1m | €2.1m | €2.1m | €2.0m | €1.9m | €1.9m | = |
| Trade debts44 | €0.001m | €0.001m | €0.001m | €0.001m | €0.002m | €0.003m | €0.002m | €0.002m | ▲ 1.3% |
| Suppliers440/4 | - | - | - | €0.001m | €0.002m | €0.003m | €0.002m | €0.002m | ▲ 1.3% |
| Other amounts payable47/48 | - | - | - | €2.0m | €2.0m | €1.9m | €1.9m | €1.9m | = |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €250 | - | €0.01m | €0.006m | ▼ 39.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1.3m | -€0.003m | -€0.001m | -€0.003m | €388 | -€0.01m | -€0.01m | -€0.001m | ▲ 94.9% |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Operating cash flow (approximation) | -€1.3m | €0.01m | €0.01m | €0.01m | €0.01m | -€0.001m | €92 | €0.01m | ▲ 135× |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€0.2m | -€0.09m | -€0.03m | €0.01m | -€0.1m | -€0.07m | €0.009m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-06-2026 | 2026-00227078 | NBB |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00440620 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00384775 | |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00370190 | |
| 31-12-2021 | micro format | 22-06-2022 | 2022-20082197 | |
| 31-12-2020 | micro format | 10-06-2021 | 2021-19100013 | |
| 31-12-2019 | micro format | 26-09-2020 | 2020-56000316 | |
| 31-12-2018 | full format | 30-08-2019 | 2019-57300035 | |
| 31-12-2017 | full format | 19-06-2018 | 2018-20200025 | |
| 31-12-2016 | full format | 28-06-2017 | 2017-24800574 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 1
Mandate history
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| DRUPPEL Pierre |
|
| ENGEL Claudine |
|
How the board is organised
- Board ruleHow the board is made up, meets and takes decisions.
- “6 ans, 3”“Gratuit sauf décision contraire assemblée générale”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque raison a tout moment, Désignation liquidateurs”“Pouvoirs liquidateurs, 37”“Mode liquidation, 38”
Articles of association, deed of 19-10-2023 (in French)
Owners and capital
Capital and shareholders
- 19-10-2023 Capital stated in the deed · €62,000 · 2,500 shares
Shares according to the articles of association
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Actions”
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Augmentation et réduction du capital, assemblée générale délibérant comme en matière de modification aux statuts”Other provision: “Actions à souscrire en espèces,obligations convertibles ou droits offerts par préférence proportionnellement à partie du capital…”Other provision: “Appels de fonds, lettre recommandée avec compte bancaire,paiement par virement ou versement à l’exclusion de tout autre mode”Other provision: “Nominatives avec numéro d’ordre, nature des actions”Other provision: “Nominatifs avec numéro d’ordre, nature des autres titres”Other provision: “Toute action indivisible, indivisibilité des actions”Other provision: “Lieu indiqué,à défaut siège social, convocation du conseil d'administration”Other provision: “Mandat écrit à collègue pour réunion déterminée,mandant réputé présent, délibérations du conseil d'administration”Other provision: “Procès-verbaux du conseil d'administration, signées par au moins deux administrateurs”Other provision: “Tous actes nécessaires ou utiles à objet, pouvoirs du conseil d'administration”Other provision: “Contrôle-commissaires, lorsque loi exige”Other provision: “Admission assemblée générale, si seul vote suspendu:participation sans vote”Other provision: “Mandataire si formalités admission accomplies, représentation assemblée générale”Other provision: “Bureau assemblée générale, actionnaire désigné si absence ou empêchement”Other provision: “Délibération assemblée générale, sauf unanimité présents pour sujets nouveaux et circonstances exceptionnelles inconnues exigeant décision…”Other provision: “Droit de vote, quel que soit nombre titres representes”Other provision: “Procès-verbaux assemblée générale, 32”Other provision: “Assemblee annuelle majorite sur proposition conseil, Affectation bénéfices”Other provision: “Paiement dividendes et acomptes, 35”Other provision: “Litiges, 39”Other provision: “Election domicile, actionnaire administrateur commissaire liquidateur domicilie etranger”Other provision: “Assemblee approuve a l'unanimite, Application Code sociétés et associations”Other provision: “Décès de l'actionnaire unique, jour du partage desdites actions ou délivrance des legs portant sur celles-ci”5 more provisions in the deed, see the deed of 19-10-2023
Articles of association, deed of 19-10-2023 (in French)
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
19-10
Gazette deed
Appointments: ENGEL Claudine (director) and DRUPPEL Pierre (director)Amendment of the articles · Capital · Registered office clause12 facts ▸
- Other provision, “actionnaire, représentation de la société par ses actionnaires” (deed in French) (2 times)
- General meeting, 16-10-2023
- Amendment of the articles (2 times)
- Capital, €62,000
- Other provision, 25-05-2022
- Director appointment, ENGEL Claudine (director (not named in the articles))
- Director appointment, DRUPPEL Pierre (director (not named in the articles))
- Other provision, 25-05-2022, “Confirmation actes depuis 2022-05-25” (deed in French)
- General meeting, “approuvee a l'unanimite, Quatrieme resolution” (deed in French)
- Board meeting, “nomination administrateur delegue, Cinquieme resolution” (deed in French)
- Director appointment, ENGEL Claudine (managing director)
- Registered office clause, “(1310) La Hulpe, Clos des Néfliers 6, Sixieme resolution” (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La gestion de son patrimoine,constitué de biens immobiliers et mobiliers,la valorisation et le maintien de ce patrimoine; La société pourra…”
6 activities
- La gestion de son patrimoine,constitué de biens immobiliers et mobiliers,la valorisation et le maintien de ce patrimoine.
- La société pourra également consentir et/ou accepter toutes garanties,avec ou sans hypothèques,de ou au profit de tiers.
- Elle pourra notamment,sans que cette énumération soit limitative,prendre et donner à bail,aliéner et acquérir tous immeubles ou fonds de commerce,acquérir,exploiter,concéder ou céder tous brevets,marques,licences,relatifs à des marchandises ou à des articles entrant dans son objet social ou entreprises existantes ou à créer dont l’objet serait similaire,analogue ou connexe au sien ou serait susceptible de constituer pour elle un débouché.
- La société peut,tant en Belgique qu’à l’étranger,faire toutes opérations commerciales,industrielles,immobilières,mobilières ou financières se rattachant à son objet social.
- Elle peut s’intéresser par voie d’apport,de cession,de fusion,de souscription,de participation,d’intervention financière ou autrement,dans toutes sociétés,entreprises ou opérations ayant un objet similaire ou connexe au sien,ou de nature à favoriser la réalisation de son objet.
- Elle peut exécuter des missions de consultance ou de « management know how » dans le sens étendu du terme.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DECLIC – 101 S.A.
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts,succursales tant en Belgique qu’à l’étranger par simple décision”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Wednesday of May at 18:00
Articles of association, deed of 19-10-2023 (in French)
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25050A0079/00N002 | Wallonia | 3,078 m² | 1 · 310 m² | 8.4 m · 2 |
| 25078A0096/00H000 | Wallonia | 1,396 m² | 1 · 35 m² | 3.5 m · 1 |