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DECODI

Active
Private limited companyfounded 200125 years activeRue du Progrès, Graide 108, 5555 Bièvre, BelgiumKBO/BCE: BE 0474.995.934
Summary

DECODI has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43,408 and a net result of €2,636. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 21% of 33,994 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Painting of buildings
NACE 43341
#6 oldest company in Bièvre, Construction sector1 site
Size
€221,224total assets 2025
Staff
1 FTE
Equity
€43,408
Profit
€2,636
Turnover not published (abridged schema)
Financial health
79 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.5%
Structure
Accounts 1 day early0 of 1 deed read
Why 79- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 1.94, cash €7,582+ Founded in 2001+ Size: total assets €221,224Show the evidence

Checked score

Score 2025
79 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 35% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 45-9
equity 19.6% of total assets
Liquidity 53+4
short-term debt 11.3% · cash 3.4%
Profitability 39+13
return on assets 1.2%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.4%▲ +0.2 percentage points vs 01-2025 03-2025: 0.6%▲ +0.2 percentage points vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.1 percentage points vs 09-2025 11-2025: 0.6%▼ -0.1 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.8%▲ +0.2 percentage points vs 12-2025 02-2026: 1.2%▲ +0.4 percentage points vs 01-2026highest value 03-2026: 0.5%▼ -0.7 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.71 in 2024; short-term debt: 11.3% and cash: 3.4% of total assets), but 80.4% of the assets are financed with debt.
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 43, micro): better than 21% on solvency, 49% on liquidity, 19% on profitability and 49% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
raises risk · Sector Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2001
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.94, cash €7,582
NBB · annual accounts
lowers risk · Size: total assets €221,224
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 33994 sector peers (2025).
NBB · sector comparison
Position among 33994 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
on the day
2023
54 days early
2022
35 days early
2021
38 days early
2020
38 days early
2019
66 days early
← 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 33 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 27 December (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close07-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €2,636
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Oldest company in Bièvre, Construction sectorin the Checked rankings #6 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Active since 2001founded 14-06-2001 25 years View

By topic

Financials

Fiscal year
2025
Total assets
€221,224
Profit
€2,636
Solvency
19.6%
Total assets▲ 56.1%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-01-2027
  1. 08-12-2023Annual accounts filed
  2. 30-06-2023Highest result since 2019
  3. 27-12-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Painting of buildingsNACE 43341
Founded
14-06-2001
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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