DECROVAN
ActiveSummary
DECROVAN has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €74,018 and a net result of €50,770. Its solvency ranks better than 26% of 949 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €74,018
- Profit
- €50,770
- Holdings
- 2
Why 95raises riskFounded in 2024lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 0.98, cash €61,322Size: total assets €252,604Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro): better than 30% on solvency, 59% on liquidity, 63% on profitability and 95% on growth.
The bankruptcy probability was computed on 25-10-2026 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
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · micro…
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationFounder · Founding capital
Financials · financial year 2026, micro format
2025 to 2026, 2 financial years
The operating result rises in 2026; 2026 is 156% above 2025.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,927 | €3,733 | ▼ 24.2% |
| Other operating charges640/8 | €671 | €657 | ▼ 2.1% |
| Gross operating margin9900 | €34,265 | €77,882 | ▲ 127% |
| Operating profit (loss)9901 | €28,668 | €73,492 | ▲ 156% |
| Financial income75/76B | - | €0 | - |
| Recurring financial income75 | - | €0 | - |
| Financial charges65/66B | €1,706 | €4,636 | ▲ 172% |
| Recurring financial charges65 | €1,706 | €4,636 | ▲ 172% |
| Profit (loss) for the period before taxes9903 | €26,962 | €68,856 | ▲ 155% |
| Income taxes67/77 | €4,914 | €18,086 | ▲ 268% |
| Profit (loss) for the period9904 | €22,048 | €50,770 | ▲ 130% |
| Profit (loss) for the period to be appropriated9905 | €22,048 | €50,770 | ▲ 130% |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €80,353 | €252,604 | ▲ 214% |
| Fixed assets21/28 | €34,927 | €172,598 | ▲ 394% |
| Tangible fixed assets22/27 | €34,927 | €32,598 | ▼ 6.7% |
| Plant, machinery and equipment23 | - | €1,272 | - |
| Other tangible fixed assets26 | €34,927 | €31,325 | ▼ 10.3% |
| Financial fixed assets28 | - | €140,000 | - |
| Current assets29/58 | €45,426 | €80,006 | ▲ 76.1% |
| Amounts receivable within one year40/41 | €16,940 | €16,940 | = |
| Trade receivables40 | €16,940 | €16,940 | = |
| Cash at bank and in hand54/58 | €24,956 | €61,322 | ▲ 146% |
| Deferred charges and accrued income490/1 | €3,530 | €1,744 | ▼ 50.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €80,353 | €252,604 | ▲ 214% |
| Equity10/15 | €23,248 | €74,018 | ▲ 218% |
| Contributions10/11 | €1,200 | €1,200 | = |
| Reserves13 | €22,048 | €72,818 | ▲ 230% |
| Distributable reserves133 | €22,048 | €72,818 | ▲ 230% |
| Amounts payable17/49 | €57,105 | €178,586 | ▲ 213% |
| Amounts payable after more than one year17 | - | €94,860 | - |
| Financial debts170/4 | - | €94,860 | - |
| Amounts payable within one year42/48 | €57,105 | €81,319 | ▲ 42.4% |
| Current portion of amounts payable after more than one year42 | - | €24,982 | - |
| Trade debts44 | €4,842 | €833 | ▼ 82.8% |
| Suppliers440/4 | €4,842 | €833 | ▼ 82.8% |
| Taxes, remuneration and social security45 | €19,290 | €32,515 | ▲ 68.6% |
| Taxes450/3 | €16,840 | €30,065 | ▲ 78.5% |
| Remuneration and social security454/9 | €2,450 | €2,450 | = |
| Other amounts payable47/48 | €32,972 | €22,989 | ▼ 30.3% |
| Accrued charges and deferred income492/3 | - | €2,407 | - |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €22,048 | €50,770 | ▲ 130% |
| + Depreciation and write-downs630 | €4,927 | €3,733 | ▼ 24.2% |
| Operating cash flow (approximation) | €26,975 | €54,503 | ▲ 102% |
| Investment in fixed assets (approximation) | - | -€141,404 | - |
| Change in cash | - | €36,367 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | micro format | 09-10-2026 | 2026-00556776 |
| 31-03-2025 | micro format | 16-10-2025 | 2025-00547865 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- CROMMELINCK Pieter Jan Jules 60 shares (50%) · €600
- VANLUCHENE Valerie Rita Carine 60 shares (50%) · €600
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 23-09-2024 Incorporation · €1,200 · 120 shares
Group and network
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 31-03-2026
- Equity €2.3mResult €362,66113.75%
- Equity €66,435Result -€4,38710.67%
According to the annual accounts to 31-03-2026 of DECROVAN and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
No sitting directors or connected companies in the Gazette act read.
History
Acts, filings and financial milestones
23-09
Gazette deed
IncorporationFounder · Founding capital4 facts ▸
- Incorporation, “DECROVAN” (deed in Dutch)
- Founder, CROMMELINCK Pieter Jan Jules
- Founder, VANLUCHENE Valerie Rita Carine
- Founding capital, €1,200
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34030B0403/00L000 | Flanders | 3,512 m² | 1 · 168 m² | 8.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verlenen van bijstand,advies en leiding aan bedrijven,privé-personen en instellingen,voornamelijk doch niet uitsluitend op het vlak van…” (deed in Dutch)
5 activities (deed in Dutch)
- Het verlenen van bijstand,advies en leiding aan bedrijven,privé-personen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis
- Het uitvoeren van alle loonwerken in de ruimste zin van het woord en vooral gericht op de land- en tuinbouwsector voor rekening van landbouwers,tuinbouwers,de industrie en overheid
- De verhuur van machines en werktuigen,al dan niet met bedieningspersoneel
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met de betrekking tot de bouw,de verbouwing,de binnenshuis inrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of het productief maken,van onroerende goederen of onroerende zakelijke rechten
- Het verrichten van volgende aannemingswerken of renovatiewerken,voor eigen rekening of voor rekening van derden,in eigen regie of in coördinatie met onderaannemers:sanitaire werken,werken voor verwarmingsinstallaties,alle elektriciteitswerken(residentieel en industrieel)
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DECROVAN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan kan exploitatiezetels,administratieve zetels,filialen,agentschappen en depots in België of buitenland…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “120, alle effecten die niet door of krachtens wet zijn verboden” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of September at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering beslissende in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Onverminderd recht algemene vergadering één of meerdere vereffenaars aan te duiden,bevoegdheden te omlijnen en vergoeding te bepalen…” (deed in Dutch)