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Decon

Active
Public limited companyfounded 1998active for 28 yearsVogelzang 8, 9690 Kluisbergen, BelgiumKBO/BCE: BE 0463.663.166
Summary

Decon has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €9,788. Equity is growing by about 28% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (17 days) Filed on 17 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00039616.

Turnover
≈ €63,000
Estimated: probably between €29,000 and €150,000
Total assets
€2.6m▼ 2.3%
2024 · €2.7m
Net result
€9,788▼ 65.6%
2024 · €28,458
Working capital
€2.2m▼ 2.7%
2024 · €2.3m
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result stays negative: a loss of €8,796 in 2025 against €9,945 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.009m 2025 Net result€0.01m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.07m-€0.06m▼ 15.5%€0.2m▲ 170%€0.2m▲ 1.8%€0.7m▲ 373%-€0.01m-€0.009m▲ 11.6%
Net result€0.03m-€0.02m▼ 24.3%€0.1m▲ 334%€1.0m▲ 931%€0.5m▼ 51.0%€0.03m▼ 94.2%€0.01m▼ 65.6%
Equity€0.7m-€0.7m▲ 3.5%€0.8m▲ 14.5%€1.8m▲ 130%€2.3m▲ 27.8%€2.3m▲ 1.3%€2.3m▲ 0.4%
Total assets€1.4m-€1.4m▲ 0.1%€1.5m▲ 2.5%€2.4m▲ 61.4%€2.9m▲ 19.6%€2.7m▼ 6.7%€2.6m▼ 2.3%
Debt€0.8m-€0.8m▼ 2.7%€0.7m▼ 8.0%€0.6m▼ 13.5%€0.6m▼ 4.0%€0.4m▼ 37.3%€0.3m▼ 19.6%
Working capital€0.3m-€0.3m▲ 8.0%€0.3m▲ 11.4%€1.6m▲ 405%€2.4m▲ 52.2%€2.3m▼ 7.1%€2.2m▼ 2.7%
Staff (FTE)0.1-00
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.6m
Fixed assets €370,963 ▲ 1.0%
Current assets €2.2m ▼ 2.9%
Equity and liabilities €2.6m
Equity €2.3m ▲ 0.4%
Debt €297,000 ▼ 19.6%
Debt's share of the balance-sheet total falls from 13.9% to 11.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,501▲
2024 · €4,169
Cash flow
€24,085▼
2024 · €42,573
Current ratio
76.19▲
2024 · 65.12
Debt to equity
0.13▼
2024 · 0.16
ROE
0.4%▼
2024 · 1.2%
ROA
0.4%▼
2024 · 1.1%
Interest coverage
0.32▲
2024 · 0.19
Debt ≤ 1 year
€29,296▼
2024 · €35,294
Debt > 1 year
€267,657▼
2024 · €333,911
Income taxes
€5,342▼
2024 · €14,331
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96.2% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.7m€2.6m▼
Fixed assets21/28€0.4m€0.4m▲
Tangible fixed assets22/27€0.4m€0.4m▲
Land and buildings22€0.4m€0.4m▲
Plant, machinery and equipment23€0.001m€0.001m▼
Furniture and vehicles24€0.01m€0.007m▼
Financial fixed assets28€103€103=
Current assets29/58€2.3m€2.2m▼
Amounts receivable within one year40/41€0.01m€0.008m▼
Other amounts receivable41€0.01m€0.008m▼
Current investments50/53€2.2m€2.1m▼
Cash at bank and in hand54/58€0.09m€0.2m▲
Deferred charges and accrued income490/1€0.001m€48▼
Equity and liabilities
Total equity and liabilities10/49€2.7m€2.6m▼
Equity10/15€2.3m€2.3m▲
Contributions10/11€0.3m€0.3m=
Capital10€0.3m€0.3m=
Issued capital100€0.3m€0.3m=
Reserves13€2.0m€2.0m▲
Non-distributable reserves130/1€0.03m€0.03m=
Legal reserve130€0.03m€0.03m=
Distributable reserves133€1.9m€1.9m▲
Amounts payable17/49€0.4m€0.3m▼
Amounts payable after more than one year17€0.3m€0.3m▼
Financial debts170/4€0.1m€0.1m▼
Other amounts payable178/9€0.2m€0.2m▼
Amounts payable within one year42/48€0.04m€0.03m▼
Current portion of amounts payable after more than one year42€0.01m€0.01m=
Trade debts44€0.001m€0.002m▲
Suppliers440/4€0.001m€0.002m▲
Taxes, remuneration and social security45€0.008m€0.005m▼
Taxes450/3€0.008m€0.005m▼
Other amounts payable47/48€0.01m€0.009m▼
Accrued charges and deferred income492/3-€46
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.01m▲
Other operating charges640/8€0.004m€0.003m▼
Gross operating margin9900€0.008m€0.008m▲
Operating profit (loss)9901-€0.01m-€0.009m▲
Financial income75/76B€0.07m€0.04m▼
Recurring financial income75€0.07m€0.04m▼
Financial charges65/66B€0.02m€0.02m▼
Recurring financial charges65€0.02m€0.02m▼
Profit (loss) for the period before taxes9903€0.04m€0.02m▼
Income taxes67/77€0.01m€0.005m▼
Profit (loss) for the period9904€0.03m€0.01m▼
Profit (loss) for the period to be appropriated9905€0.03m€0.01m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.03m€0.01m▼
Transfer to equity691/2€0.03m€0.01m▼
To other reserves6921€0.03m€0.01m▼
Social balance sheet
Average headcount (FTE)90870.0-

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A----€0.8m€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m€0.02m€0.02m€0.01m€0.01m€0.01m▲ 1.3%
Other operating charges640/8---€0.008m€0.03m€0.004m€0.003m▼ 28.4%
Gross operating margin9900€0.1m€0.08m€0.2m€0.2m€0.8m€0.008m€0.008m▲ 2.9%
Operating profit (loss)9901€0.07m€0.06m€0.2m€0.2m€0.7m-€0.01m-€0.009m▲ 11.6%
Financial income75/76B---€0.9m€0.002m€0.07m€0.04m▼ 45.4%
Recurring financial income75€75€3€29€0.6m€0.002m€0.07m€0.04m▼ 45.4%
Non-recurring financial income76B---€0.3m€0---
Financial charges65/66B---€0.02m€0.03m€0.02m€0.02m▼ 23.4%
Recurring financial charges65€0.03m€0.03m€0.02m€0.02m€0.03m€0.02m€0.02m▼ 23.4%
Profit (loss) for the period before taxes9903€0.04m€0.03m€0.1m€1.0m€0.7m€0.04m€0.02m▼ 64.6%
Income taxes67/77€0.01m€0.009m€0.03m€0.03m€0.2m€0.01m€0.005m▼ 62.7%
Profit (loss) for the period9904€0.03m€0.02m€0.1m€1.0m€0.5m€0.03m€0.01m▼ 65.6%
Profit (loss) for the period to be appropriated9905€0.03m€0.02m€0.1m€1.0m€0.5m€0.03m€0.01m▼ 65.6%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.4m€1.4m€1.5m€2.4m€2.9m€2.7m€2.6m▼ 2.3%
Fixed assets21/28€1.1m€1.1m€1.1m€0.7m€0.4m€0.4m€0.4m▲ 1.0%
Tangible fixed assets22/27€0.8m€0.8m€0.8m€0.7m€0.4m€0.4m€0.4m▲ 1.0%
Land and buildings22---€0.7m€0.4m€0.4m€0.4m▲ 1.9%
Plant, machinery and equipment23---€0.001m€0€0.001m€0.001m▼ 11.0%
Furniture and vehicles24----€0.01m€0.01m€0.007m▼ 29.0%
Financial fixed assets28€0.3m€0.3m€0.3m€103€103€103€103=
Current assets29/58€0.3m€0.3m€0.4m€1.7m€2.5m€2.3m€2.2m▼ 2.9%
Amounts receivable within one year40/41€0.01m€0.001m€0.02m€5€0€0.01m€0.008m▼ 28.0%
Trade receivables40---€0----
Other amounts receivable41---€5€0€0.01m€0.008m▼ 28.0%
Current investments50/53----€1.8m€2.2m€2.1m▼ 6.8%
Cash at bank and in hand54/58€0.3m€0.3m€0.4m€1.6m€0.7m€0.09m€0.2m▲ 103%
Deferred charges and accrued income490/1---€0.001m€486€0.001m€48▼ 96.8%
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m€1.5m€2.4m€2.9m€2.7m€2.6m▼ 2.3%
Equity10/15€0.7m€0.7m€0.8m€1.8m€2.3m€2.3m€2.3m▲ 0.4%
Contributions10/11€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Capital10---€0.3m€0.3m€0.3m€0.3m=
Issued capital100---€0.3m€0.3m€0.3m€0.3m=
Reserves13€0.3m€0.3m€0.4m€1.4m€1.9m€2.0m€2.0m▲ 0.5%
Non-distributable reserves130/1---€0.03m€0.03m€0.03m€0.03m=
Legal reserve130---€0.03m€0.03m€0.03m€0.03m=
Distributable reserves133---€1.4m€1.9m€1.9m€1.9m▲ 0.5%
Amounts payable17/49€0.8m€0.8m€0.7m€0.6m€0.6m€0.4m€0.3m▼ 19.6%
Amounts payable after more than one year17€0.7m€0.7m€0.6m€0.6m€0.5m€0.3m€0.3m▼ 19.8%
Financial debts170/4---€0.2m€0.1m€0.1m€0.1m▼ 10.6%
Other amounts payable178/9---€0.4m€0.4m€0.2m€0.2m▼ 25.8%
Amounts payable within one year42/48€0.06m€0.05m€0.07m€0.05m€0.04m€0.04m€0.03m▼ 17.0%
Current portion of amounts payable after more than one year42---€0.01m€0.01m€0.01m€0.01m=
Trade debts44€0.003m€0.003m€0€0.003m€0.002m€0.001m€0.002m▲ 48.0%
Suppliers440/4---€0.003m€0.002m€0.001m€0.002m▲ 48.0%
Taxes, remuneration and social security45---€0.02m€0.01m€0.008m€0.005m▼ 41.1%
Taxes450/3---€0.02m€0.01m€0.008m€0.005m▼ 41.1%
Other amounts payable47/48---€0.01m€0.01m€0.01m€0.009m▼ 27.6%
Accrued charges and deferred income492/3------€46-
Line2019202020212022202320242025Change
Profit (loss) for the period9904€0.03m€0.02m€0.1m€1.0m€0.5m€0.03m€0.01m▼ 65.6%
+ Depreciation and write-downs630€0.02m€0.02m€0.02m€0.02m€0.01m€0.01m€0.01m▲ 1.3%
Operating cash flow (approximation)€0.05m€0.04m€0.1m€1.0m€0.5m€0.04m€0.02m▼ 43.4%
Investment in fixed assets (approximation)-€0-€0.002m€0.3m€0.3m-€0.002m-€0.02m▼ 767%
Change in cash-€0.03m€0.04m€1.3m-€0.9m-€0.6m€0.09m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 27 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 17-02-2026 2026-00039616
30-06-2024 abbreviated format 10-12-2024 2024-00612730
30-06-2023 abbreviated format 05-02-2024 2024-00024899
30-06-2022 abbreviated format 27-01-2023 2023-00005498
30-06-2021 abbreviated format 10-12-2021 2021-79800291
30-06-2020 abbreviated format 11-01-2021 2021-00500043
30-06-2019 abbreviated format 10-01-2020 2020-00600428
30-06-2018 abbreviated format 14-12-2018 2018-74600323
30-06-2017 abbreviated format 24-01-2018 2018-02000299
30-06-2016 abbreviated format 28-11-2016 2016-68500268

Show all 27 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.