DECONICK & CO
ActiveThe computed 12-month bankruptcy probability of DECONICK & CO is 2.5% (moderate). The 2025 annual accounts show negative equity (€-41k) and a net result of €-96k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 10% of 11297 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
18
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-83
Solvency0▼-92
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 3.11 in 2024; short-term debt: 160% and cash: 2.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-63.6%
Return on assets
-147.1%
Age of the figures
9 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-41k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-04-2026, 107 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
107 d early
2024
8 d early
2023
1 d late
2022
89 d early
2021
49 d early
2020
86 d early
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-41k
2024 · €54k
2018: €22k
2019: €23k
2020: €19k
2021: €21k
2022: €34k
2023: €45k
2024: €54k
2018 → 2025
Total assets
€65k▼ 20.1%
2024 · €82k
2018: €135k
2019: €100k
2020: €91k
2021: €74k
2022: €79k
2023: €64k
2024: €82k
2018 → 2025
Net result
€-96k
2024 · €9k
2018: €16k
2019: €1k
2020: €-4k
2021: €1k
2022: €14k
2023: €11k
2024: €9k
2018 → 2025
Working capital
€-40k
2024 · €51k
2018: €-16k
2019: €-21k
2020: €5k
2021: €-2k
2022: €17k
2023: €34k
2024: €51k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€34k▲ 65.2%€45k▲ 31.9%€54k▲ 20.5%€-41k
Operating result€2k-€17k▲ 797%€13k▼ 20.2%€11k▼ 15.5%€-96k
Net result€1k-€14k▲ 953%€11k▼ 19.3%€9k▼ 15.3%€-96k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €96k after €11k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€876▼ 86.8%
Current assets
€64k▼ 14.2%
Key figures and ratios
EBITDA
€-90k▼
2024 · €17k
Cash flow
€-90k▼
2024 · €15k
Solvency
-63.6%▼
2024 · 66.7%
Current ratio
0.62▼
2024 · 3.11
Quick ratio
0.30▼
2024 · 2.77
Debt / equity
-2.57▼
2024 · 0.50
ROA
-147.1%▼
2024 · 11.3%
Interest coverage
-379.95▼
2024 · 154.47
Debt
€107k▲
2024 · €27k
Debt ≤ 1 year
€104k▲
2024 · €24k
Income taxes
€0▼
2024 · €3k
Staff costs
€66k▲
2024 · €46k
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€82k€65k▼
Fixed assets21/28€7k€876▼
Tangible fixed assets22/27€6k€312▼
Furniture and vehicles24€444€312▼
Other tangible fixed assets26€6k-
Financial fixed assets28€565€565=
Current assets29/58€75k€64k▼
Stocks and contracts in progress3€8k€33k▲
Stocks30/36€8k€33k▲
Amounts receivable within one year40/41€59k€29k▼
Trade receivables40€32k€3k▼
Other amounts receivable41€27k€26k▼
Cash at bank and in hand54/58€7k€2k▼
Deferred charges and accrued income490/1€513€870▲
Equity and liabilities
Total equity and liabilities10/49€82k€65k▼
Equity10/15€54k€-41k▼
Contributions10/11€6k€6k=
Reserves13€850€850=
Non-distributable reserves130/1€850€850=
Reserves not available under the articles1311€850€850=
Profit (loss) carried forward14€47k€-49k▼
Amounts payable17/49€27k€107k▲
Amounts payable within one year42/48€24k€104k▲
Trade debts44€7k€67k▲
Suppliers440/4€7k€67k▲
Taxes, remuneration and social security45€18k€37k▲
Taxes450/3€6k€1k▼
Remuneration and social security454/9€11k€36k▲
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€46k€66k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€3k€2k▼
Gross operating margin9900€66k€-22k▼
Operating profit (loss)9901€11k€-96k▼
Financial income75/76B€1k€0▼
Recurring financial income75€1k€0▼
Financial charges65/66B€111€237▲
Recurring financial charges65€111€237▲
Profit (loss) for the period before taxes9903€12k€-96k▼
Income taxes67/77€3k€0▼
Profit (loss) for the period9904€9k€-96k▼
Profit (loss) for the period to be appropriated9905€9k€-96k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€-49k▼
Profit (loss) brought forward from the previous period14P€38k€47k▲
The notes to these accounts (5 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
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-96k ▼1137%
Net result drops to €-96k, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.04
Current ratio from 1.39 to 3.04; short-term debt falls from €44k to €17k.
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-05-2021
GHAFOOR Mirza Muhammad: Resigned as Managing director
31-05-2021
MIRZA Hamza: Resigned as Managing director
10-09-2018
SHAIKH NADIA: Resigned as Managing director
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2018
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.
Ropsy Chaudronstraat 471070 AnderlechtGround area
178 m²
Building footprint
148 m²
Volume, LiDAR
2,120 m³
Parcel 21304B0130/00P000, Brussels · tallest building 21.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
DECONICK & CO
since 20182.278.526.832
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21304B0130/00P000 | Brussels | 178 m² | 1 · 148 m² | 21.6 m · 6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.278.526.832
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Of 222 companies in sector 46391 we hold annual accounts for 138. 68 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-08-2018
Fiscal year end31-12
Activities, NACEBEL
46391Wholesale trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.