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DECLINOX CONSTRUCTION

Active
Private limited companyfounded 2008active for 17 yearsSlypsstraat 2 E, 8890 Moorslede, BelgiumKBO/BCE: BE 0808.712.655
Summary

DECLINOX CONSTRUCTION has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231,860 and a net result of €43,984. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 74% of 2,316 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Machining of metals
NACE 25530
1 site
Size
€337,815total assets 2025
Equity
€231,860
Profit
€43,984
Turnover not published (micro format)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 2 days early1 of 2 deeds summarised
Why 96raises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 3.66, cash €157,369Equity €231,860 (68.6% of total assets)Founded in 2008Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 25, micro)
Financial strength · tick = 2024
Strong
Solvency 94+1
equity 68.6% of total assets
Liquidity 95-2
short-term debt 17.8% · cash 46.6%
Profitability 85+5
return on assets 13.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,701 companies, NACE 25, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: 0.1%▲ +0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.66, compared with 4.34 in 2024, above the usual 1.5; short-term debt: 17.8% and cash: 46.6% of total assets), and 31.4% of the assets are financed with debt and provisions.
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 25, micro): better than 73% on solvency, 92% on liquidity, 72% on profitability and 47% on growth.

The bankruptcy probability was computed on 24-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.66, cash €157,369
NBB · annual accounts
lowers risk · Equity €231,860 (68.6% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
3 days early
2023
on the day
2022
29 days late
2021
26 days late
2020
19 days late
2019
60 days 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 18 days after the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2018 to 2025net €56,096 ▲73.2%

Financials · financial year 2025, micro format

Equity
€231,860▲ 3.6%
2024 · €223,803
Total assets
€337,815▲ 2.9%
2024 · €328,299
Net result
€43,984▼ 21.6%
2024 · €56,096
Working capital
€160,288▲ 1.5%
2024 · €157,922
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 17% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€64,627 2025 Net result€43,984 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€20,192-€13,807▼ 31.6%€11,327▼ 18.0%€29,458▲ 160%€37,983▲ 28.9%€47,320▲ 24.6%€77,969▲ 64.8%€64,627▼ 17.1%
Net result€10,513-€9,055▼ 13.9%€7,602within the sector's middle half▼ 16.0%€19,269within the sector's middle half▲ 153%€26,382within the sector's middle half▲ 36.9%€32,386above the sector's middle half▲ 22.8%€56,096above the sector's middle half▲ 73.2%€43,984above the sector's middle half▼ 21.6%
Equity€91,859-€100,915▲ 9.9%€108,517within the sector's middle half▲ 7.5%€127,786within the sector's middle half▲ 17.8%€154,168within the sector's middle half▲ 20.6%€178,220within the sector's middle half▲ 15.6%€223,803above the sector's middle half▲ 25.6%€231,860above the sector's middle half▲ 3.6%
Total assets€266,387-€257,808▼ 3.2%€270,596within the sector's middle half▲ 5.0%€271,414within the sector's middle half▲ 0.3%€287,075within the sector's middle half▲ 5.8%€303,153within the sector's middle half▲ 5.6%€328,299within the sector's middle half▲ 8.3%€337,815within the sector's middle half▲ 2.9%
Debt€174,528-€156,893▼ 10.1%€162,079▲ 3.3%€143,628▼ 11.4%€132,907▼ 7.5%€124,934▼ 6.0%€104,497▼ 16.4%€105,955▲ 1.4%
Working capital€48,149-€59,809▲ 24.2%€68,797within the sector's middle half▲ 15.0%€84,169within the sector's middle half▲ 22.3%€103,170within the sector's middle half▲ 22.6%€120,224above the sector's middle half▲ 16.5%€157,922above the sector's middle half▲ 31.4%€160,288above the sector's middle half▲ 1.5%
Solvency34.5%-39.1%▲ 4.7pp40.1%within the sector's middle half▲ 1.0pp47.1%within the sector's middle half▲ 7.0pp53.7%within the sector's middle half▲ 6.6pp58.8%within the sector's middle half▲ 5.1pp68.2%within the sector's middle half▲ 9.4pp68.6%within the sector's middle half▲ 0.5pp
Current ratio1.94-2.38▲ 0.432.69within the sector's middle half▲ 0.313.08above the sector's middle half▲ 0.403.22above the sector's middle half▲ 0.143.18above the sector's middle half▼ 0.044.34above the sector's middle half▲ 1.163.66above the sector's middle half▼ 0.68
Return on assets (ROA)3.9%-3.5%▼ 0.4pp2.8%within the sector's middle half▼ 0.7pp7.1%within the sector's middle half▲ 4.3pp9.2%within the sector's middle half▲ 2.1pp10.7%within the sector's middle half▲ 1.5pp17.1%above the sector's middle half▲ 6.4pp13.0%within the sector's middle half▼ 4.1pp
above within below the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €337,815
Fixed assets €117,381 ▼ 4.7%
Current assets €220,435 ▲ 7.5%
Equity and liabilities €337,815
Equity €231,860 ▲ 3.6%
Debt €105,955 ▲ 1.4%
Debt's share of the balance-sheet total falls from 31.8% to 31.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€81,897▼
2024 · €93,686
Cash flow
€61,254▼
2024 · €71,813
Quick ratio
3.64▼
2024 · 4.32
Debt to equity
0.46▼
2024 · 0.47
ROE
19.0%▼
2024 · 25.1%
Interest coverage
26.23▲
2024 · -666.00
Debt ≤ 1 year
€60,147▲
2024 · €47,217
Debt > 1 year
€45,809▼
2024 · €57,280
Income taxes
€18,218▼
2024 · €22,454
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,475 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% 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 34,695 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€328,299€337,815▲
Fixed assets21/28€123,161€117,381▼
Tangible fixed assets22/27€122,961€117,181▼
Land and buildings22€99,984€97,532▼
Plant, machinery and equipment23€14,618€12,839▼
Furniture and vehicles24€8,359€6,809▼
Financial fixed assets28€200€200=
Current assets29/58€205,138€220,435▲
Stocks and contracts in progress3€1,157€1,635▲
Stocks30/36€1,157€1,635▲
Amounts receivable within one year40/41€49,858€60,192▲
Trade receivables40€42,943€55,091▲
Other amounts receivable41€6,915€5,101▼
Cash at bank and in hand54/58€152,885€157,369▲
Deferred charges and accrued income490/1€1,238€1,238=
Equity and liabilities
Total equity and liabilities10/49€328,299€337,815▲
Equity10/15€223,803€231,860▲
Contributions10/11€20,000€20,000=
Reserves13€152,791€160,848▲
Distributable reserves133€152,791€160,848▲
Profit (loss) carried forward14€51,012€51,012=
Amounts payable17/49€104,497€105,955▲
Amounts payable after more than one year17€57,280€45,809▼
Financial debts170/4€57,280€45,809▼
Amounts payable within one year42/48€47,217€60,147▲
Current portion of amounts payable after more than one year42€11,382€13,692▲
Trade debts44€22,525€27,704▲
Suppliers440/4€22,525€27,704▲
Taxes, remuneration and social security45€12,784€18,751▲
Taxes450/3€12,784€18,751▲
Other amounts payable47/48€526-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,717€17,270▲
Other operating charges640/8€1,560€1,579▲
Gross operating margin9900€95,246€83,476▼
Operating profit (loss)9901€77,969€64,627▼
Financial income75/76B€441€697▲
Recurring financial income75€441€697▲
Financial charges65/66B-€141€3,122▲
Recurring financial charges65-€141€3,122▲
Profit (loss) for the period before taxes9903€78,550€62,202▼
Income taxes67/77€22,454€18,218▼
Profit (loss) for the period9904€56,096€43,984▼
Profit (loss) for the period to be appropriated9905€56,096€43,984▼
Appropriation of the result
Profit (loss) to be appropriated9906€107,108€94,995▼
Profit (loss) brought forward from the previous period14P€51,012€51,012=
Transfer from equity791/2€10,513€35,927▲
Transfer to equity691/2€56,096€43,984▼
To other reserves6921€56,096€43,984▼
Profit to be distributed694/7€10,513€35,927▲
Return on contributions (dividend)694€10,513€35,927▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,392€20,238€20,337€15,233€14,947€16,778€15,717€17,270▲ 9.9%
Other operating charges640/8---€1,278€1,355€2,444€1,560€1,579▲ 1.2%
Gross operating margin9900€41,805€35,350€33,228€45,970€54,285€66,542€95,246€83,476▼ 12.4%
Operating profit (loss)9901€20,192€13,807€11,327€29,458€37,983€47,320€77,969€64,627▼ 17.1%
Financial income75/76B----€101€225€441€697▲ 57.9%
Recurring financial income75€1€1€89-€101€225€441€697▲ 57.9%
Financial charges65/66B---€1,467€1,162€2,010-€141€3,122-
Recurring financial charges65€4,932€154€2,133€1,467€1,162€2,010-€141€3,122-
Profit (loss) for the period before taxes9903€15,262€13,654€9,283€27,991€36,921€45,534€78,550€62,202▼ 20.8%
Income taxes67/77€4,748€4,599€1,681€8,722€10,539€13,148€22,454€18,218▼ 18.9%
Profit (loss) for the period9904€10,513€9,055€7,602€19,269€26,382€32,386€56,096€43,984▼ 21.6%
Profit (loss) for the period to be appropriated9905€10,513€9,055€7,602€19,269€26,382€32,386€56,096€43,984▼ 21.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€266,387€257,808€270,596€271,414€287,075€303,153€328,299€337,815▲ 2.9%
Fixed assets21/28€167,242€154,515€161,029€146,849€137,475€127,790€123,161€117,381▼ 4.7%
Tangible fixed assets22/27€167,242€154,315€160,829€146,649€137,275€127,590€122,961€117,181▼ 4.7%
Land and buildings22---€118,340€111,690€105,536€99,984€97,532▼ 2.5%
Plant, machinery and equipment23---€7,630€10,515€11,990€14,618€12,839▼ 12.2%
Furniture and vehicles24---€20,678€15,069€10,063€8,359€6,809▼ 18.5%
Financial fixed assets28-€200€200€200€200€200€200€200=
Current assets29/58€99,146€103,292€109,567€124,565€149,601€175,364€205,138€220,435▲ 7.5%
Stocks and contracts in progress3€982€1,134€929€1,093€1,998€1,020€1,157€1,635▲ 41.3%
Stocks30/36---€1,093€1,998€1,020€1,157€1,635▲ 41.3%
Amounts receivable within one year40/41€42,572€48,253€31,503€36,950€52,939€71,645€49,858€60,192▲ 20.7%
Trade receivables40---€34,293€48,677€69,454€42,943€55,091▲ 28.3%
Other amounts receivable41---€2,658€4,262€2,191€6,915€5,101▼ 26.2%
Cash at bank and in hand54/58€55,591€53,181€76,099€85,616€93,646€101,617€152,885€157,369▲ 2.9%
Deferred charges and accrued income490/1---€907€1,018€1,082€1,238€1,238=
Equity and liabilities
Total equity and liabilities10/49€266,387€257,808€270,596€271,414€287,075€303,153€328,299€337,815▲ 2.9%
Equity10/15€91,859€100,915€108,517€127,786€154,168€178,220€223,803€231,860▲ 3.6%
Contributions10/11€20,000€20,000-€20,000€20,000€20,000€20,000€20,000=
Reserves13€20,848€29,903€37,505€56,774€83,156€107,208€152,791€160,848▲ 5.3%
Non-distributable reserves130/1---€2,000€2,000----
Reserves not available under the articles1311---€2,000€2,000----
Distributable reserves133---€54,774€81,156€107,208€152,791€160,848▲ 5.3%
Profit (loss) carried forward14€51,012€51,012€51,012€51,012€51,012€51,012€51,012€51,012=
Amounts payable17/49€174,528€156,893€162,079€143,628€132,907€124,934€104,497€105,955▲ 1.4%
Amounts payable after more than one year17€123,531€113,410€121,310€103,231€86,477€69,793€57,280€45,809▼ 20.0%
Financial debts170/4---€103,231€86,477€69,793€57,280€45,809▼ 20.0%
Amounts payable within one year42/48€50,997€43,483€40,769€40,397€46,430€55,140€47,217€60,147▲ 27.4%
Current portion of amounts payable after more than one year42---€17,589€16,755€16,683€11,382€13,692▲ 20.3%
Trade debts44€14,308€14,868€21,686€11,222€29,136€33,124€22,525€27,704▲ 23.0%
Suppliers440/4---€11,222€29,136€33,124€22,525€27,704▲ 23.0%
Taxes, remuneration and social security45---€11,087€539€5,333€12,784€18,751▲ 46.7%
Taxes450/3---€11,087€539€5,333€12,784€18,751▲ 46.7%
Other amounts payable47/48---€498--€526--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€10,513€9,055€7,602€19,269€26,382€32,386€56,096€43,984▼ 21.6%
+ Depreciation and write-downs630€20,392€20,238€20,337€15,233€14,947€16,778€15,717€17,270▲ 9.9%
Operating cash flow (approximation)€30,905€29,293€27,940€34,503€41,329€49,165€71,813€61,254▼ 14.7%
Investment in fixed assets (approximation)--€7,511-€26,851-€1,053-€5,574-€7,093-€11,089-€11,490▼ 3.6%
Change in cash--€2,411€22,918€9,517€8,030€7,971€51,268€4,484▼ 91.3%

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

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 29-07-2026 2026-00345866
31-12-2024 micro format 28-07-2025 2025-00316810
31-12-2023 micro format 31-07-2024 2024-00312574
31-12-2022 micro format 29-08-2023 2023-00369156
31-12-2021 micro format 26-08-2022 2022-20322514
31-12-2020 micro format 19-08-2021 2021-50700295
31-12-2019 micro format 29-09-2020 2020-56900134
31-12-2018 micro format 28-08-2019 2019-55900284
31-12-2017 micro format 22-08-2018 2018-49800051
31-12-2016 micro format 04-08-2017 2017-41600050

Show all 17 filings

Similar companies · same sector, comparable size

Of the 3,416 active companies whose main activity is machining of metals (NACE 25530), figures are known for 1,655. 1,346 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2024 · 2 entries · €108 awarded · €222 paid
Year Entries AwardedPaid
2024 1 €108€108
2023 1 €0€114
Schemes
2 entries · €108 · €222 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2023

Board 1

CLAEYS Kenny
Enige en niet statutaire bestuurder · since 11-12-2023
Current

Other functions 1

CLAEYS Kenny
Enige en niet statutaire bestuurder · since 11-12-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2023, 1 in office
Show
  • Board
  • Other function
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
CLAEYS Kenny
  • Enig en niet statutaire bestuurder, until 11-12-2023
  • Enige en niet statutaire bestuurder, from 11-12-2023 to date
  • Enig en niet statutaire bestuurder, until 11-12-2023
  • Enige en niet statutaire bestuurder, from 11-12-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 14-12-2023 Converted to unavailable equity
  2. 14-12-2023 Converted to available equity

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 17 December 2008, DECLINOX CONSTRUCTION was incorporated.1 Total assets went from €266,387 in 2018 to €337,815 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
28-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Highest result from 2018 to 2025net €56,096 ▲73.2%
Operating result €77,969, net result €56,096, both a record.
31-12
Financial Equity above €200,000equity €223,803 ▲25.6%
A profit in every financial year since 2018 builds equity to €223,803.
31-07
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
14-12
Gazette deed Resignation: CLAEYS Kenny (enig en niet statutaire bestuurder)
Appointment: CLAEYS Kenny (enige en niet statutaire bestuurder) · Permanent representative: Dieter Schelpe · Capital conversion15 facts ▸
  • General meeting, 11-12-2023
  • Other provision, “alle aandelen in één hand verenigd, artikel 2:8,§4 WVV” (deed in Dutch)
  • Other provision, “vaststelling inwerkingtreding en toepassing WVV” (deed in Dutch)
  • Director resignation, CLAEYS Kenny (enig en niet statutaire bestuurder)
  • Director appointment, CLAEYS Kenny (enige en niet statutaire bestuurder)
  • Other provision, “persoonlijk of via tussenpersoon een onderneming uitbaten, geen rechterlijk verbod opgelegd” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Capital conversion, “beschikbare eigen vermogensrekening” (deed in Dutch)
  • Amendment of the articles (2 times)
  • Legal-form conversion, “besloten vennootschap” (deed in Dutch)
  • Power of attorney
  • Permanent representative, Dieter Schelpe
  • +3 further facts in this act
29-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 29 days late
2022
31-12
Financial Equity above €150,000equity €154,168 ▲20.6%
A profit in every financial year since 2018 builds equity to €154,168.
26-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 26 days late
2021
19-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 19 days late
2020
29-09
NBB filing Annual accounts filed
financial year 2019 · micro format · 60 days late
2019
31-12
Financial Equity above €100,000equity €100,915 ▲9.9%
A profit in every financial year since 2018 builds equity to €100,915.
Show earlier events
28-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 28 days late
2018
22-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 22 days late
2017
04-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 4 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not 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.

Register details

Identification
Legal formPrivate limited company
Founded17-12-2008
Financial year end31-12
Activities, NACEBEL 2025
25530Machining of metals
33200Installation of industrial machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0808712655
Also 9925:BE0808712655
Registered 28-08-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Moorslede · 1 establishment unit since 2009
registered office establishment The establishment unit on the map
Ground area
6,292 m²
Building footprint
267 m²
Building volume
1,121 m³
2 parcels, Flanders · tallest building 8.9 m. Linked by address, not a title deed.
1 establishment unit
DECLINOX CONSTRUCTION
Slypsstraat 2E, 8890 MoorsledeManufacture of metal structures and parts of structures
since 2009unit no. 2.175.207.083
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
36012C0083/00H000 Flanders 5,103 m² 1 · 83 m² 0.1 m
36012C0032/00C000 Flanders 1,189 m² 1 · 184 m² 8.9 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het ontwerp,de uitwerking en de realisatie van projecten op het gebied van de metaalbouw,installatie en laswerken,pijpfitting,machine- en…” (deed in Dutch)
8 activities (deed in Dutch)
  1. Het ontwerp,de uitwerking en de realisatie van projecten op het gebied van de metaalbouw,installatie en laswerken,pijpfitting,machine- en werktuigbouw,industriële trappen,particuliere trappen en balustrades,afsluitingen,palen en poorten plaatsen en produceren,de handelsbemiddeling,groot- en kleinhandel in metaalwaren en toebehoren.
  2. De hangarbouw,koeltechniek,sanitair en chauffage zowel het ontwerpen,de montage en het onderhoud ervan. Alle draaiwerk voor de metaalverwerking.
  3. De onderhoud- en herstellingswerken van mechanische aard voor rekening van derden,de aanleg van buizenleidingen voor de chemie,voedingsnijverheid,persluchtaansluitingen.
  4. Het beheer,het verwerven,de instandhouding en valorisatie van een roerend en onroerend vermogen,de huurfinanciering van onroerende goederen aan derden,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen,alsmede zich borgstellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen.
  5. Het opnemen van bestuursmandaten,al dan niet bezoldigd,in andere ondernemingen of vennootschappen,al dan niet met een gelijkaardig voorwerp als deze vennootschap. Het nemen van participaties onder welke vorm ook in alle vennootschappen in België of in het buitenland,bestaande of op te richten,door middel van inbrengen,onderschrijvingen,overdrachten of ruilingen,al dan niet om er het bestuur van te controleren of om er gewoon een aandeel in te hebben,alsook de aankoop,verkoop en ruiling van alle effecten.
  6. De vennootschap kan optreden als vereffenaar.
  7. Deze activiteiten kan de vennootschap uitvoeren zowel voor eigen rekening als voor rekening van derden of als tussenpersoon,dit alles in de ruimste betekenis van het woord. De vennootschap kan alle financiële,commerciële,roerende en onroerende verrichtingen doen die rechtstreeks of onrechtstreeks deelnemen aan de werking van andere vennootschappen,die eenzelfde gelijkaardig of aanverwant voorwerp nastreven. De vennootschap mag leningen verstrekken aan derden of waarborgen stellen voor derden.
  8. De vennootschap mag obligatieleningen uitgeven op naam.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
DECLINOX CONSTRUCTION
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

deed of 14-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Algemene vergadering, een of meer bestuurders” (deed in Dutch)
“Onbezoldigd, bepaalde bestuurders” (deed in Dutch)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 14-12-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Helft overdrager helft koper(s) pro rata verworven aantal, zelfde formaliteiten,geen beroep op rechter” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Alle aandelen op naam, niet door of krachtens wet verboden” (deed in Dutch)
1 more provision on this in the deed

deed of 14-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“TITEL IV - ALGEMENE VERGADERINGEN Artikel 19. bijeenkomst - BIJEENROEPING Ieder jaar wordt een gewone algemene vergadering van…” (deed in Dutch)

deed of 14-12-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Commissaris indien benoemd, algemene vergadering beslist over goedkeuring rekeningen kwijting vereffenaar(s)en commissaris en sluiting” (deed in Dutch)

deed of 14-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Uittreding en uitsluiting, bestuursorgaan” (deed in Dutch)
Other provision: “Bestuursbevoegdheid, alle handelingen nodig of dienstig voor voorwerp” (deed in Dutch)
Other provision: “Dagelijks bestuur, bestuursorgaan” (deed in Dutch)
Other provision: “Notulen bestuursorgaan, notulen van beslissingen bestuurder(s)” (deed in Dutch)
Other provision: “Vraagrecht algemene vergadering, mededeling nadelig voor zakelijke belangen of vertrouwelijkheid” (deed in Dutch)
Other provision: “Bestuursorgaan tijdens zitting, elke gewone of buitengewone algemene vergadering” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering, bestuurder(s)” (deed in Dutch)
Other provision: “Elektronische algemene vergadering, houders converteerbare obligaties, inschrijvingsrechten en met medewerking uitgegeven certificaten” (deed in Dutch)
Other provision: “Bestuursorgaan, op einde elk boekjaar” (deed in Dutch)
Other provision: “Ondernemingsrechtbank waar zetel gevestigd is, geschillenbeslechting” (deed in Dutch)
Other provision: “Voor niet in statuten voorziene gevallen wordt verwezen naar wettelijke bepalingen, wettelijke bepalingen” (deed in Dutch)
Other provision: “Woonstkeuze, alle akten geldig betekend of aangezegd” (deed in Dutch)
Other provision: “Netting, vordering tegenpartij beperkt tot saldo na verrekening tussen vennootschap en aandeelhouders of bestuurders” (deed in Dutch)
Other provision: “Ondeelbaarheid aandelen en andere effecten, eigenaar oefent stemrecht uit tenzij anders overeengekomen” (deed in Dutch)
8 more provisions in the deed, see the deed of 14-12-2023

deed of 14-12-2023