DECOCK
ActiveDECOCK has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €733k and a net result of €97k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 53% of 7983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+3
Solvency72▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 1.67 in 2024; short-term debt: 44.7% and cash: 15.3% of total assets), but 52.7% 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
47.3%
Return on assets
6.3%
Age of the figures
15 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 →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
28 d late
2023
27 d late
2022
42 d late
2021
8 d late
2020
2 d late
2019
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€733k▲ 15.3%
2024 · €636k
2019: €319k
2020: €416k
2021: €467k
2022: €519k
2023: €573k
2024: €636k
2019 → 2025
Total assets
€1.55M▼ 6.1%
2024 · €1.65M
2019: €1.17M
2020: €1.07M
2021: €1.25M
2022: €1.93M
2023: €1.96M
2024: €1.65M
2019 → 2025
Net result
€97k▲ 55.0%
2024 · €63k
2019: €-33k
2020: €98k
2021: €61k
2022: €52k
2023: €55k
2024: €63k
2019 → 2025
Working capital
€672k▲ 17.5%
2024 · €572k
2019: €287k
2020: €397k
2021: €453k
2022: €566k
2023: €533k
2024: €572k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€467k-€519k▲ 11.0%€573k▲ 10.5%€636k▲ 11.0%€733k▲ 15.3%
Operating result€81k-€59k▼ 26.8%€71k▲ 20.6%€94k▲ 32.1%€151k▲ 60.4%
Net result€61k-€52k▼ 15.2%€55k▲ 5.7%€63k▲ 15.2%€97k▲ 55.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 60% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.55M
Fixed assets
€185k▼ 17.4%
Current assets
€1.37M▼ 4.4%
Equity and liabilities €1.55M
Equity
€733k▲ 15.3%
Debt
€817k▼ 19.6%
The debt ratio falls from 61.5% to 52.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€193k▲
2024 · €134k
Cash flow
€139k▲
2024 · €103k
Solvency
47.3%▲
2024 · 38.5%
Current ratio
1.97▲
2024 · 1.67
Quick ratio
1.89▲
2024 · 1.60
Debt / equity
1.11▼
2024 · 1.60
ROE
13.3%▲
2024 · 9.9%
ROA
6.3%▲
2024 · 3.8%
Interest coverage
11.55▼
2024 · 12.67
Debt
€817k▼
2024 · €1.02M
Debt ≤ 1 year
€693k▼
2024 · €856k
Debt > 1 year
€114k▼
2024 · €155k
Income taxes
€37k▲
2024 · €21k
Staff costs
€47k▲
2024 · €45k
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€1.65M€1.55M▼
Fixed assets21/28€224k€185k▼
Tangible fixed assets22/27€222k€183k▼
Land and buildings22€34k€29k▼
Plant, machinery and equipment23€10k€11k▲
Furniture and vehicles24€178k€144k▼
Financial fixed assets28€2k€2k▼
Current assets29/58€1.43M€1.37M▼
Stocks and contracts in progress3€61k€54k▼
Stocks30/36€61k€54k▼
Amounts receivable within one year40/41€1.21M€1.06M▼
Trade receivables40€1.21M€1.05M▼
Other amounts receivable41€7k€16k▲
Cash at bank and in hand54/58€145k€237k▲
Deferred charges and accrued income490/1€10k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.65M€1.55M▼
Equity10/15€636k€733k▲
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€561k€658k▲
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Distributable reserves133€554k€651k▲
Amounts payable17/49€1.02M€817k▼
Amounts payable after more than one year17€155k€114k▼
Financial debts170/4€155k€114k▼
Amounts payable within one year42/48€856k€693k▼
Current portion of amounts payable after more than one year42€51k€41k▼
Financial debts43€125k€425k▲
Credit institutions430/8€125k€425k▲
Trade debts44€666k€188k▼
Suppliers440/4€666k€188k▼
Taxes, remuneration and social security45€14k€39k▲
Taxes450/3€12k€37k▲
Remuneration and social security454/9€1k€1k▲
Accrued charges and deferred income492/3€5k€10k▲
Income statement
Code20242025
Remuneration, social security and pensions62€45k€47k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€42k▲
Other operating charges640/8€12k€14k▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€193k€253k▲
Operating profit (loss)9901€94k€151k▲
Financial income75/76B€519€271▼
Recurring financial income75€519€271▼
Financial charges65/66B€11k€17k▲
Recurring financial charges65€11k€17k▲
Profit (loss) for the period before taxes9903€84k€134k▲
Income taxes67/77€21k€37k▲
Profit (loss) for the period9904€63k€97k▲
Profit (loss) for the period to be appropriated9905€63k€97k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€97k▲
Transfer to equity691/2€63k€97k▲
To other reserves6921€63k€97k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (8 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
26-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 42 days late
2022
30-06
Financial
Equity above €500kEq €519k ▲11%
3 profitable years in a row build equity to €519k.
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 8 days late
2021
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
2020
30-06
Financial
Back to profitnet €98k
Net result €98k after one loss-making year.
20-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
06-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 6 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Maldegem
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.
Vliegplein 109991 MaldegemGround area
6,658 m²
Building footprint
785 m²
Volume, LiDAR
5,088 m³
Parcel 43001H0515/00C000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43001H0515/00C000 | Flanders | 6,658 m² | 1 · 785 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 462 EUR awarded · 420 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 42 EUR | 0 EUR |
| 2023 | 1 | 262 EUR | 262 EUR |
| 2022 | 1 | 158 EUR | 158 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DENICOL MOTOR OILS
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SCHOLIERS
BE 0445.969.178
Houthalen-Helchteren · Eq €722k
PETROBEL
BE 0435.224.152
Antwerpen · Eq €722k
Cornelis Heating
BE 0429.872.524
Meise · Eq €720k
Energie-Rénovations
BE 0891.704.766
Jemeppe-sur-Sambre · Eq €750k
Of 840 companies in sector 46810 we hold annual accounts for 473. 348 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-07-1998
Fiscal year end30-06
Activities, NACEBEL
46810Wholesale of solid, liquid and gaseous fuels and related products
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47820Retail sale of motor vehicle parts and accessories
47521Retail sale of hardware, building materials, paint and glass (general range)
47783Retail trade
47784Retail trade
50302
52461
52481
52488
55401
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.