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Decolvenaere

Active
Private limited companyfounded 195967 yrs activeSingel 140, 9000 Gent, BelgiumKBO/BCE: BE 0400.079.171
Summary

Decolvenaere has been active since 1959 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.0m and a net result of €2.2m. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 76% of 6032 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
DecolvenaereActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of timber
NACE 46832NACE 46732NACE 51531
1 site
Size
€19.3mturnover 2025
Staff
9.3 FTE
Equity
€12.0m
Profit
€2.2m
Turnover -50%: 12-month year
Financial health
95 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Parent
DDC INVESTMENT · 99%
Accounts 32 d early0 of 10 deeds read
Why 95+ Founded in 1959+ Profit of €2.2m (FY 2025)+ Size: turnover €19.3m, 9.3 FTE, total assets €17.1m+ Equity €12.0m (70.2% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Better than 57% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 95+15
equity 70.2% of total assets
Liquidity 52+10
short-term debt 23.8% · cash 8.8%
Profitability 82+13
return on assets 13.1%
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 0.4% (26,865 companies)
Last 24 months 11-2024: 0.6% 12-2024: 0.8%▲ +28.8% vs 11-2024 01-2025: 1.7%▲ +101% vs 12-2024highest value 02-2025: 0.1%▼ -92.7% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.1%● 0.0% vs 05-2025 07-2025: 0.1%● 0.0% vs 06-2025 08-2025: 0.1%▼ -4.1% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%▲ +4.2% vs 09-2025 11-2025: 0.1%▲ +2.4% vs 10-2025 12-2025: 0.1%▼ -0.8% vs 11-2025 01-2026: < 0.1%▼ -60.8% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%● 0.0% vs 03-2026lowest value 05-2026: < 0.1%● 0.0% vs 04-2026lowest value 06-2026: < 0.1%● 0.0% vs 05-2026lowest value 07-2026: < 0.1%● 0.0% vs 06-2026lowest value 08-2026: < 0.1%● 0.0% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value
  • Founded in 1959 lowers the probability for this profile
  • Profit of €2.2m (FY 2025) lowers the probability
  • Size: turnover €19.3m, 9.3 FTE, total assets €17.1m lowers the probability for this profile
  • Equity €12.0m (70.2% of total assets) lowers the probability
Credit up to €1,100,000 at 30 days acceptable
Liquidity ample (current ratio 3.93 against 2.32 in 2024; short-term debt: 23.8% and cash: 8.8% of total assets), and 29.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 75%, liquidity 57%, profitability 75%, growth against the median 22%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Founded in 1959
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Profit of €2.2m (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: turnover €19.3m, 9.3 FTE, total assets €17.1m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Equity €12.0m (70.2% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 30-12-2025, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
4 d early
2022
on the day
2021
2 d early
2020
22 d early
2019
53 d early
2018
26 d 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 20 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven months
Position in the running window
30-06-2026 close05-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Weakest financial yearnet €170,242 ▼96.1%

Key points

  • Result rose in 202512-month fiscal year ▲ 1,215% View
  • Positive: Among the best 10% on net resultsector median €114,268 · 5,973 companies €2.2m View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by DDC INVESTMENT 99% View
  • Positive: 7 profitable years in a rowprofit 2025: €2.2m 7 years View
  • Active since 1959founded 01-07-1959 67 years View

By topic

Financials

Fiscal year
2025
Turnover
€19.3m
Profit
€2.2m
Solvency
70.2%
Turnover▼ 50.0%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2016
Next accounts
by 31-01-2027
  1. 30-12-2025Annual accounts filed
  2. 27-01-2025Annual accounts filed
  3. 30-06-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of timberNACE 46832
Founded
01-07-1959
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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