Equity
€20,040 from €114,721 in 2017
Equity fell by 83% in 8 years.
decode-it
Overview
Lifetime
11 annual accounts with figures on one time axispeak €84,529 (2023)
€74,215▲ 8.5%
peak €55,206 (2023)
€54,404▲ 6.4%
peak €114,721 (2017)
€20,040▼ 21.8%
€14,153▼ 80.0%
Board1 name since 2014
1 director
Documentsfilings and deeds
09-04-2026113 days before the deadline
2025micro format
Dividend €60,000Equity from €25,636 to €20,040Debts from €70,776 to €14,153Cash from €71,296 to €16,501
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as decode-it has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for decode-it. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0552898911
Resignation: (director)
Reappointment: (director) · Legal-form conversion: to private limited company · Gazette deed
Incorporation
published on 04-06-2014 · Gazette deed
First establishment
De Roerdomp 15, Zoersel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| decode-it Zoersel | €34,193 | €74,215 | 58.6% | - |
| 8TRUST Watermael-Boitsfort | €34,235 | €63,676 | -184.8% | - |
| Blue-Frontend Brussels | €42,793 | €83,028 | 30.9% | - |
| KADESEO SPRL Lasne | €40,851 | €58,734 | 27.1% | - |
| Techno & Logic IT Solutions Braine-le-Comte | €37,863 | €55,112 | -48.7% | - |
| Mebone Woluwe-Saint-Lambert | €42,662 | €64,683 | 40.9% | - |
| 0101 Mechelen | €50,890 | €84,036 | 35.3% | - |
These companies have the same main activity as decode-it: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €34,200 and €50,900, founded between 2011 and 2016.
Official details
Source: KBO- Status
- Active since 21-05-2014Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.230.916.9552980 Zoersel, since 21-05-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €74,215▲ 8.5%
- ≈ €140,000estimated
- €54,404▲ 6.4%
- €20,040▼ 21.8%
- €34,193▼ 64.5%
- Filing
- Filed on 09-04-2026, 113 days before the end of the filing period
Insights on decode-it
decode-it files the micro format. That format states no turnover. The gross margin rose from €57,744 in 2015 to €74,215 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 09-04-2026, 113 days before the deadline€74,215
▲ 8.5%
€69,229
▲ 6.8%
€54,404
▲ 6.4%
€17,361
▼ 15.7%
58.6%
▲ 32.0 percentage points
2.42
▲ 1.12
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €130,000 and €190,000.
Balance sheet
balance sheet total €34,193 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
58.6%
Higher than 49% of 21,217 companies in 2025.
2.42
Higher than 50% of 20,581 companies in 2025.
159.1%
Higher than 95% of 20,756 companies in 2025.
decode-it
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
34,193 | 96,412 | 111,694 | 76,384 | 86,736 | 114,507 | 129,591 | 172,801 | 149,192 | 109,091 | 71,774 | |
21/28 |
4,579 | 6,932 | 7,181 | 17,572 | 29,618 | 41,829 | 50,277 | 8,601 | 3,923 | 5,919 | 6,352 | |
22/27 |
4,579 | 6,932 | 7,181 | 17,572 | 29,618 | 41,829 | 50,277 | 8,601 | 3,923 | 5,919 | 6,352 | |
23 |
- | - | - | - | 1,432 | 2,148 | 2,864 | - | - | - | - | |
24 |
2,511 | 4,051 | 3,422 | 13,661 | 23,347 | 33,914 | 38,611 | 768 | 1,821 | 2,989 | 2,593 | |
26 |
2,068 | 2,880 | 3,759 | 3,910 | 4,838 | 5,767 | 8,803 | 7,833 | 2,102 | 2,931 | 3,759 | |
29/58 |
29,614 | 89,480 | 104,513 | 58,813 | 57,119 | 72,678 | 79,314 | 164,200 | 145,269 | 103,172 | 65,421 | |
40/41 |
11,564 | 15,722 | 16,398 | 19,825 | 22,286 | 18,519 | 19,952 | 29,952 | 36,729 | 17,786 | 14,415 | |
40 |
9,695 | 13,758 | 16,398 | 17,164 | 18,542 | 18,300 | 11,611 | 26,447 | 36,729 | 17,786 | 14,415 | |
41 |
1,870 | 1,964 | - | 2,662 | 3,744 | 219 | 8,342 | 3,506 | - | - | - | |
54/58 |
16,501 | 71,296 | 86,719 | 37,659 | 32,421 | 51,793 | 55,433 | 131,082 | 105,464 | 84,330 | 49,550 | |
490/1 |
1,548 | 2,462 | 1,396 | 1,329 | 2,411 | 2,367 | 3,929 | 3,166 | 3,076 | 1,055 | 1,456 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
34,193 | 96,412 | 111,694 | 76,384 | 86,736 | 114,507 | 129,591 | 172,801 | 149,192 | 109,091 | 71,774 | |
10/15 |
20,040 | 25,636 | 25,602 | 25,596 | 25,504 | 25,424 | 25,346 | 22,830 | 114,721 | 75,452 | 41,924 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 12,400 | 12,400 | 12,400 | |
13 |
1,440 | 7,036 | 4,086 | 4,086 | 4,086 | 4,086 | 4,086 | 1,860 | 106,860 | 66,860 | 31,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
132 |
- | 2,226 | 2,226 | 2,226 | 2,226 | 2,226 | 2,226 | - | - | - | - | |
133 |
1,440 | 4,810 | 1,860 | - | - | - | - | - | 105,000 | 65,000 | 30,000 | |
14 |
- | - | 2,916 | 2,910 | 2,818 | 2,738 | 2,659 | 2,370 | 1,661 | 2,392 | 3,864 | |
17/49 |
14,153 | 70,776 | 86,092 | 50,788 | 61,232 | 89,083 | 104,246 | 149,971 | 34,471 | 33,640 | 29,849 | |
42/48 |
12,253 | 68,876 | 83,538 | 47,679 | 59,232 | 86,696 | 101,946 | 147,682 | 32,121 | 31,297 | 27,339 | |
43 |
119 | 384 | 65 | 80 | 151 | 147 | 43 | 670 | 359 | - | - | |
430/8 |
119 | 384 | 65 | 80 | 151 | 147 | 43 | 670 | 359 | - | - | |
44 |
1,388 | 851 | 992 | 853 | 886 | 200 | 462 | 2,091 | 2,294 | 1,464 | 1,430 | |
440/4 |
1,388 | 851 | 992 | 853 | 886 | 200 | 462 | 2,091 | 2,294 | 1,464 | 1,430 | |
45 |
10,746 | 16,540 | 17,338 | 13,333 | 6,622 | 30,849 | 9,503 | 25,157 | 23,201 | 26,734 | 21,565 | |
450/3 |
10,746 | 14,440 | 13,138 | 7,033 | 2,622 | 24,849 | 7,503 | 25,157 | 20,201 | 23,734 | 21,565 | |
454/9 |
- | 2,100 | 4,200 | 6,300 | 4,000 | 6,000 | 2,000 | - | 3,000 | 3,000 | - | |
47/48 |
- | 51,100 | 65,143 | 33,414 | 51,574 | 55,500 | 91,938 | 119,765 | 6,267 | 3,100 | 4,344 | |
492/3 |
1,900 | 1,900 | 2,554 | 3,109 | 2,000 | 2,387 | 2,300 | 2,289 | 2,350 | 2,342 | 2,511 | |
| Income statement | ||||||||||||
9900 |
74,215 | 68,389 | 84,529 | 63,202 | 69,558 | 83,187 | 77,504 | 46,324 | 60,141 | 51,859 | 57,744 | |
630 |
2,828 | 2,891 | 12,877 | 12,731 | 13,024 | 12,425 | 14,473 | 2,520 | 2,459 | 2,854 | 3,662 | |
631/4 |
- | 163 | - | 18,804 | - | - | - | - | - | - | - | |
640/8 |
2,158 | 505 | 1,049 | 2,366 | 1,214 | 575 | 791 | 2,004 | 1,066 | 367 | 1,359 | |
66A |
- | - | - | - | - | - | - | - | - | 353 | - | |
9901 |
69,229 | 64,829 | 70,603 | 29,301 | 55,319 | 70,187 | 62,241 | 41,800 | 56,616 | 48,285 | 52,723 | |
75/76B |
- | 0 | 1 | - | 0 | 1 | - | - | - | - | 1 | |
75 |
- | 0 | 1 | - | 0 | 1 | - | - | - | - | 1 | |
65/66B |
181 | 302 | 762 | 271 | 183 | 342 | 379 | 597 | 805 | 1,103 | 1,782 | |
65 |
181 | 302 | 762 | 271 | 183 | 342 | 379 | 597 | 805 | 1,103 | 1,782 | |
9903 |
69,048 | 64,527 | 69,842 | 29,031 | 55,136 | 69,845 | 61,861 | 41,203 | 55,811 | 47,182 | 50,942 | |
67/77 |
14,644 | 13,393 | 14,636 | 9,338 | 11,256 | 14,867 | 12,345 | 8,494 | 16,541 | 13,655 | 15,218 | |
9904 |
54,404 | 51,134 | 55,206 | 19,692 | 43,880 | 54,979 | 49,516 | 32,709 | 39,270 | 33,527 | 35,724 | |
789 |
2,226 | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | 2,226 | - | - | - | - | |
9905 |
56,630 | 51,134 | 55,206 | 19,692 | 43,880 | 54,979 | 47,290 | 32,709 | 39,270 | 33,527 | 35,724 | |
| Appropriation of the result | ||||||||||||
9906 |
56,630 | 54,050 | 58,116 | 22,510 | 46,618 | 57,638 | 49,659 | 34,370 | 41,661 | 37,392 | 35,724 | |
14P |
- | 2,916 | 2,910 | 2,818 | 2,738 | - | - | - | - | - | - | |
791/2 |
3,370 | - | - | - | - | - | - | 105,000 | - | - | - | |
691/2 |
- | 2,950 | - | - | - | - | - | - | 40,000 | 35,000 | 31,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | 2,950 | - | - | - | - | - | - | 40,000 | 35,000 | 30,000 | |
694/7 |
60,000 | 51,100 | 55,200 | 19,600 | 43,800 | 54,900 | 47,000 | 137,000 | - | - | - | |
694 |
60,000 | 51,100 | 55,200 | 19,600 | 43,800 | 54,900 | 47,000 | 137,000 | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 09-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 09-04-2026 | 2026-00075721 | |
| 31-12-2024 | micro format | 27-02-2025 | 2025-00039907 | |
| 31-12-2023 | micro format | 22-04-2024 | 2024-00065752 | |
| 31-12-2022 | micro format | 15-05-2023 | 2023-00086681 | |
| 31-12-2021 | micro format | 31-05-2022 | 2022-20038554 | |
| 31-12-2020 | micro format | 31-05-2021 | 2021-16200587 | |
| 31-12-2019 | micro format | 17-04-2020 | 2020-09300395 | |
| 31-12-2018 | micro format | 24-06-2019 | 2019-23200381 | |
| 31-12-2017 | micro format | 28-07-2018 | 2018-39800546 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-24500014 | |
| 31-12-2015 | abbreviated format | 30-06-2016 | 2016-24900087 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 72,057 | 67,720 | 83,480 | 42,032 | 68,344 | 82,612 | 76,714 | 44,320 | 59,075 | 51,139 | 56,385 | ||
| 57,232 | 54,025 | 68,083 | 32,423 | 56,904 | 67,404 | 63,989 | 35,229 | 41,729 | 36,381 | 39,386 | ||
| 495 | 2,642 | 2,631 | 2,482 | 1,524 | 6,084 | 56,150 | 8,415 | 743 | 2,774 | 10,014 | ||
| -54,795 | -15,423 | 49,061 | 5,237 | -19,372 | -3,640 | -75,649 | 25,618 | 21,134 | 34,780 | - | ||
| 17,361 | 20,604 | 20,976 | 11,134 | -2,114 | -14,018 | -22,632 | 16,518 | 113,148 | 71,875 | 38,083 | ||
| 58.6% | 26.6% | 22.9% | 33.5% | 29.4% | 22.2% | 19.6% | 13.2% | 76.9% | 69.2% | 58.4% | ||
| 2.42 | 1.30 | 1.25 | 1.23 | 0.96 | 0.84 | 0.78 | 1.11 | 4.52 | 3.30 | 2.39 | ||
| 0.71 | 2.76 | 3.36 | 1.98 | 2.40 | 3.50 | 4.11 | 6.57 | 0.30 | 0.45 | 0.71 | ||
| 271.5% | 199.5% | 215.6% | 76.9% | 172.1% | 216.2% | 195.4% | 143.3% | 34.2% | 44.4% | 85.2% | ||
| 159.1% | 53.0% | 49.4% | 25.8% | 50.6% | 48.0% | 38.2% | 18.9% | 26.3% | 30.7% | 49.8% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €495 | €2,642 | €2,631 | €2,482 | €1,524 |
| €2,828 | €2,891 | €12,877 | €12,731 | €13,024 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on decode-it
The operating result for 2025 is 7% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 73.4% to 41.4%. Equity and debt are lower.
Board & ownership
Board
1 director, last change in 2023Director (not named in the articles)
since 23-05-2014
term without a fixed end
earlier director, until 17-04-2023
listed in the 2025 annual accounts, filed on 09-04-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 17-04-2023
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
-
- Director (not named in the articles), from 23-05-2014 to date
- Director, until 17-04-2023
Control
Capital
- Contribution
- €18,600
- Source
- 2025 annual accounts
Articles of association
deed of 17-04-2023 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Friday of June at 20:00
Network & group
No group
decode-it has no parent and no holdings in its annual accounts. is the only director. decode-it shares no director with another company.
Timeline
Timeline
18 events since 2014Board
Filings
Financial
Establishments
2014201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0552898911
Annual accounts 2025 filed PDFmicro format · 113 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 154 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 100 days before the deadline
2023
Highest result from 2015 to 2025 net €55,206 ▲180% The operating result of €70,603 and the net result of €55,206 are both a record.
Annual accounts 2022 filed PDFmicro format · 77 days before the deadline
Resignation: (director)Reappointment: (director) · Legal-form conversion: to private limited company5 points ▸
- Legal-form conversion, to private limited company
- Director resignation,
- Board rule, 1
- Director reappointment, (director (not named in the articles))
- 100 shares
- The deed holds 5 more points.
2022
Weakest financial year net €19,692 ▼55.1% The net result drops to €19,692, the lowest from 2015 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 61 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 61 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 105 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 37 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 3 days before the deadline
2017
Equity above €100,000 equity €114,721 ▲52% With a profit in every financial year since 2015, equity grows to €114,721.
Annual accounts 2016 filed PDFmicro format · 31 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 31 days before the deadline
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0552.898.911
- VAT number
- BE 0552.898.911
- Peppol ID
- 0208:0552898911
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 21-05-2014
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Friday of June at 20:00deed of 17-04-2023 (in Dutch)
- Peppol
- Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- decode-it in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 17-04-2023 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
62100
Computer programming
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Software ingenieur: ontwikkelen en onderhouden van software voor alle mogelijke toepassingen; Aankoop en verkoop van alle mogelijke hardware…”deed of 17-04-2023 (in Dutch)
4 activities
- Software ingenieur: ontwikkelen en onderhouden van software voor alle mogelijke toepassingen
- Aankoop en verkoop van alle mogelijke hardware en software
- Game development,robotics,3d printing,electronica,embedded software design,webshop (voor robotica materiaal),bitcoin mining,data mining,statistische analyse,juwelen ontwerp,kapster,interieurontwerp,houtbewerking,metaalbewerking,evenementen organisatie,geven van opleiding en bijlessen,audit,catering,en koken,ergonomie,renovatie,aanleg zwemvijvers,immobiliën,beurshandelaar
- Uitbaten van een webshop voor alle mogelijke materialen in verband met IT,electronica en aanverwante activiteiten
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| De Roerdomp 15 registered office 2980 Zoersel | 21-05-2014 | 2.230.916.955 |
Buildings and parcels at the address
- Ground area
- 640 m²
- Buildings
- 161 m²
- Volume, LiDAR
- 893 m³
- Tallest building
- 9.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11055C0097/00K000 | 639 m² | 1 · 161 m² | 9.7 m · 2 |