Result
€41,244 €41,244
Back in profit in 2025, after a loss of €39,591 in 2024.
DECUBEL
Lifetime
18 annual accounts with figures on one time axis, 48 filings since 1977peak €2.8m (2025)
€2.8m▲ 7.5%
lowest -€39,591 (2024)
€41,244▲ €80,835
peak €1.2m (2020)
€962,813▲ 3.4%
€4.5m▲ 15.3%
peak 33 FTE (2025)
33 FTE▲ 2.2%
Board6 names since 2019
2 directorsDecube and 1 other
Owners3 names in the annual accounts
80%DECUBE and 1 other
Documentsfilings and deeds
15-07-202616 days before the deadline
2025financial year
Back to profit: €41,244Debts from €3.9m to €4.5mCash from €877,007 to €1.3m
Key points
from the 2025 annual accountsDebts
€4.5m 82% of the balance sheet
Financial debts 33%Suppliers 50%Taxes and wages 2%Other 15%
Of this, €3.7m falls due within a year.
Investments
€70,966 0.1 × depreciation
Green is investment, beige is depreciation.
Staff
30 employees on 31-12-2025
In 2025, 10 people joined and 15 left.
Filings
48 annual accounts since 1977
The 2019 accounts came 4 days late. The other nine of the last ten were filed on time.
Position in the sector
17.5%
Lower solvency than 81% of companies in specialised construction. Sector median 42.4% · 2,463 companies.
Checked score
85
Excellent
Financially stronger than 38% of small companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.3%▼ -0.4 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.4%▲ +0.1 percentage points vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.3%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Equity €962,813 (17.5% of total assets)
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.13, cash €1.3m
Legal form: public limited company
Calculation
The band follows from the bankruptcy probability. 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, small). It does better than 19% of them on solvency, 48% on liquidity, 40% on profitability and 44% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,685 companies had the same profile as DECUBEL has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
That fits the bankruptcy probability of DECUBEL itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,685 companies, not a prediction for DECUBEL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.13 (1.16 in 2024), below the usual 1.5. Short-term debt is 67% and cash 23.5% of total assets. 82.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2463 sector peers (2025).
NBB · sector comparisonPosition among 2463 sector peers
Solvency
better than 18%
← weakest
strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 days early
2024
30 days early
2023
22 days early
2022
26 days early
2021
11 days early
2020
33 days early
2019
4 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DECUBE 80%score 89equity €2.4m (2025) · 2025 annual accounts of DECUBE
- Kevin Géraldine Ernest Dutrieux 20%score 65equity €184,706 (2025) · 2024 annual accounts of Kevin Géraldine Ernest Dutrieux
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0413070441
Company renamed from TERRASSEMENTS BELLEFLAMME to DECUBEL
Permanent representative: PLISSART Alexandre · Reappointment: JOIRIS,ROUSSEAUX ET Co,REVISEURS D'ENTREPRISES ASSOCIES (statutory auditor) · “La prestation de tous travaux publics ou privés relatifs aux terrassements,démolitions de…” (deed in French) · Gazette deed
Appointment: SRL Joiris-Rousseaux, Réviseurs d'entreprises associés (statutory auditor)
General meeting of 24-06-2022 · Gazette deed
Company renamed from TERRASSEMENTS BELLEFLAMME-BRASSEUR to Terrassements Belleflamme
Resignations: BELLEFLAMME Christian (director) and RAVOISIN Liliane (director) · Appointments: DECUBE (chair of the board) and KEVIN GERALDINE ERNEST DUTRIEUX (managing director) · Permanent representatives: Damien de Dorlodot and DUTRIEUX Kevin Quentin Luc · General meeting of 27-04-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DECUBEL Couvin | €5.5m | €2.8m | 17.5% | 33 |
| Verhegge Marc Zedelgem | €4.7m | €3.8m | 33.2% | 38.8 |
| DE CEUSTER Sint-Katelijne-Waver | €5.5m | €3.9m | 22.6% | 42.5 |
| Franco en Zoon Bruges | €6.6m | €2.7m | 36.2% | 23.6 |
| Gebroeders Lambrecks Sint-Truiden | €5.0m | €2.8m | 41.9% | 21.7 |
| R.M.S. Seraing | €7.5m | €2.5m | 80.5% | 33 |
| BATRAGECI Hamois | €6.7m | €2.9m | 25.3% | 24.1 |
These companies have the same main activity as DECUBEL: site preparation (NACE 43120). They are comparable in size and age: total assets between €4.7m and €7.5m, founded between 1973 and 1989.
Official details
Source: KBO- Status
- Active since 15-03-1973Normal situation
- Activity
- Site preparationNACE 43120and 3 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.008.181.9915660 Couvin, since 01-05-1973
- Financial year end
- 31 December
- Peppol
- Reachable since 24-09-2025
Annual accounts 2025
- ≈ €8.0mestimated
- €5.5m▲ 13.0%
- Employeeson 31-12-2025
- 30▼ 14.3%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Companies linked to DECUBEL
Parent and group
Insights on DECUBEL
DECUBEL has existed since 1973. The gross margin grew from €1.4m in 2007 to €2.8m in 2025 and staff from 18.3 to 33 full-time equivalents.
The gross margin has grown every year since 2022.
DECUBE holds 80% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DECUBEL
- What is the company number of DECUBEL?
- The company number of DECUBEL is 0413.070.441. The VAT number is the same number with BE in front: BE 0413.070.441.
- Where is DECUBEL based?
- The registered office is at Rue de l'Adoption, Mar. 61, 5660 Couvin.Company details
- What does DECUBEL do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of DECUBEL?
- DECUBEL is a public limited company (NV).
- When was DECUBEL founded?
- DECUBEL was founded on 15-03-1973.
- Is DECUBEL still active?
- Yes, DECUBEL is an active enterprise in the KBO register.
- How many employees does DECUBEL have?
- DECUBEL had an average of 33 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DECUBEL fall under?
- In its 2025 annual accounts, DECUBEL states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of DECUBEL?
- The turnover in financial year 2025 is ≈ €8.0m. This figure is estimated from the gross margin of €2.8m and 67 comparable companies (NACE 43). It probably lies between €6.2m and €11.0m.
- Is DECUBEL profitable?
- In financial year 2025, DECUBEL made a profit of €41,244.
- Where can I find the annual accounts of DECUBEL?
- DECUBEL filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DECUBEL due?
- DECUBEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
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