DeCo-Vision
ActiveDeCo-Vision has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €260k and a net result of €29k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 20% of 7924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▼-44
Solvency14▼-17
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days only on tighter terms
Liquidity short (current ratio 0.72 against 1.36 in 2024), and 86.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.9%
Return on assets
1.6%
Age of the figures
8 mo
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 7924 sector peers (2025).
NBB · sector comparisonPosition among 7924 sector peers
Solvency
better than 20%
← weakest
strongest →
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
23 d early
2023
43 d early
2022
39 d early
2021
38 d early
2020
29 d early
2019
25 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€260k▲ 12.7%
2024 · €231k
2018: €91k
2019: €127k
2020: €114k
2021: €140k
2022: €168k
2023: €191k
2024: €231k
2018 → 2025
Total assets
€1.87M▲ 50.3%
2024 · €1.24M
2018: €502k
2019: €632k
2020: €1.10M
2021: €1.29M
2022: €1.12M
2023: €1.28M
2024: €1.24M
2018 → 2025
Net result
€29k▼ 53.6%
2024 · €63k
2018: €21k
2019: €75k
2020: €-13k
2021: €98k
2022: €56k
2023: €119k
2024: €63k
2018 → 2025
Working capital
€-257k
2024 · €189k
2018: €56k
2019: €186k
2020: €77k
2021: €254k
2022: €181k
2023: €177k
2024: €189k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€140k-€168k▲ 19.9%€191k▲ 13.5%€231k▲ 21.0%€260k▲ 12.7%
Operating result€156k-€107k▼ 31.5%€181k▲ 70.0%€180k▼ 0.5%€132k▼ 26.8%
Net result€98k-€56k▼ 42.8%€119k▲ 113%€63k▼ 47.0%€29k▼ 53.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.87M
Fixed assets
€1.22M▲ 129%
Current assets
€650k▼ 8.6%
Equity and liabilities €1.87M
Equity
€260k▲ 12.7%
Debt
€1.61M▲ 58.9%
The debt ratio rises from 81.4% to 86.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€183k▼
2024 · €208k
Cash flow
€80k▼
2024 · €91k
Solvency
13.9%▼
2024 · 18.6%
Current ratio
0.72▼
2024 · 1.36
Quick ratio
0.50▼
2024 · 0.87
Debt / equity
6.18▲
2024 · 4.38
ROE
11.3%▼
2024 · 27.3%
ROA
1.6%▼
2024 · 5.1%
Interest coverage
4.78▼
2024 · 5.21
Debt
€1.61M▲
2024 · €1.01M
Debt ≤ 1 year
€907k▲
2024 · €522k
Debt > 1 year
€697k▲
2024 · €488k
Income taxes
€69k▼
2024 · €79k
Staff costs
€63k▼
2024 · €88k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.24M€1.87M▲
Fixed assets21/28€531k€1.22M▲
Tangible fixed assets22/27€523k€1.21M▲
Land and buildings22€503k€1.17M▲
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€15k€10k▼
Leasing and similar rights25-€24k
Other tangible fixed assets26€906€2k▲
Financial fixed assets28€8k€8k=
Current assets29/58€711k€650k▼
Amounts receivable after more than one year29€50k-
Other amounts receivable291€50k-
Stocks and contracts in progress3€255k€192k▼
Stocks30/36€255k€192k▼
Amounts receivable within one year40/41€402k€426k▲
Trade receivables40€149k€146k▼
Other amounts receivable41€254k€280k▲
Cash at bank and in hand54/58€3k€30k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.87M▲
Equity10/15€231k€260k▲
Contributions10/11€19k€19k=
Reserves13€119k€148k▲
Tax-exempt reserves132€199€199=
Distributable reserves133€119k€148k▲
Profit (loss) carried forward14€93k€93k=
Amounts payable17/49€1.01M€1.61M▲
Amounts payable after more than one year17€488k€697k▲
Financial debts170/4€488k€697k▲
Amounts payable within one year42/48€522k€907k▲
Current portion of amounts payable after more than one year42€86k€76k▼
Financial debts43€254k€300k▲
Credit institutions430/8€254k€300k▲
Trade debts44€76k€57k▼
Suppliers440/4€76k€57k▼
Taxes, remuneration and social security45€76k€64k▼
Taxes450/3€66k€55k▼
Remuneration and social security454/9€10k€8k▼
Other amounts payable47/48€31k€411k▲
Accrued charges and deferred income492/3€703€4k▲
Income statement
Code20242025
Non-recurring operating income76A€45k€5k▼
Remuneration, social security and pensions62€88k€63k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€51k▲
Other operating charges640/8€35k€22k▼
Gross operating margin9900€331k€267k▼
Operating profit (loss)9901€180k€132k▼
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€40k€38k▼
Recurring financial charges65€40k€38k▼
Profit (loss) for the period before taxes9903€142k€99k▼
Income taxes67/77€79k€69k▼
Profit (loss) for the period9904€63k€29k▼
Profit (loss) for the period to be appropriated9905€63k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€122k▲
Profit (loss) brought forward from the previous period14P-€93k
Transfer from equity791/2€93k-
Transfer to equity691/2€40k€29k▼
To other reserves6921€40k€29k▼
Profit to be distributed694/7€23k-
Return on contributions (dividend)694€23k-
Social balance
Average headcount (FTE)90871.61.0▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200kEq €231k ▲21%
4 profitable years in a row build equity to €231k.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €119k ▲113%
Operating result €181k, net result €119k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €150kEq €168k ▲19.9%
2 profitable years in a row build equity to €168k.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €98k
Net result €98k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-13k ▼117%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100kEq €127k ▲38.3%
2 profitable years in a row build equity to €127k.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Deinze · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
De Kogge 19800 DeinzeGround area
2,552 m²
Building footprint
776 m²
Volume, LiDAR
4,124 m³
2 parcels, Flanders · tallest building 19.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DECO-VISION
since 20172.262.837.477
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44004B0434/00L006 | Flanders | 1,675 m² | 1 · 582 m² | 19.2 m |
| 44006B0738/00N000 | Flanders | 877 m² | 1 · 194 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 93 companies in sector 46424 we hold annual accounts for 44. 27 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2003
Fiscal year end31-12
Activities, NACEBEL
46424Wholesale trade
46460Wholesale of pharmaceutical and medical goods
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.