DEDA PROJECTS
ActiveSummary
DEDA PROJECTS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €252k and a net result of €-29k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability8▼-52
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.12 against 5.07 in 2024; short-term debt: 16.6% and cash: 7.3% of total assets), and 23.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-29k
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 09-04-2026, 113 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
113 d early
2024
71 d early
2023
69 d early
2022
26 d early
2021
22 d early
2020
22 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€252k▼ 10.4%
2024 · €281k
2018: €111klowest in 8 years
2019: €130k▲ +16.6% vs 2018
2020: €199k▲ +53.5% vs 2019
2021: €225k▲ +13.2% vs 2020
2022: €248k▲ +10.0% vs 2021
2023: €291k▲ +17.5% vs 2022highest in 8 years
2024: €281k▼ -3.3% vs 2023
2025: €252k▼ -10.4% vs 2024
2018 → 2025
Total assets
€328k▼ 5.1%
2024 · €346k
2018: €276klowest in 8 years
2019: €323k▲ +17.1% vs 2018
2020: €467k▲ +44.4% vs 2019highest in 8 years
2021: €414k▼ -11.2% vs 2020
2022: €409k▼ -1.2% vs 2021
2023: €415k▲ +1.5% vs 2022
2024: €346k▼ -16.7% vs 2023
2025: €328k▼ -5.1% vs 2024
2018 → 2025
Net result
€-29k▼ 209%
2024 · €-9k
2018: €10k
2019: €23k▲ +126% vs 2018
2020: €82k▲ +255% vs 2019highest in 8 years
2021: €28k▼ -66.0% vs 2020
2022: €24k▼ -13.7% vs 2021
2023: €54k▲ +123% vs 2022
2024: €-9k▼ -118% vs 2023
2025: €-29k▼ -209% vs 2024lowest in 8 years
2018 → 2025
Working capital
€115k▼ 15.0%
2024 · €136k
2018: €14klowest in 8 years
2019: €61k▲ +348% vs 2018
2020: €42k▼ -30.9% vs 2019
2021: €19k▼ -54.6% vs 2020
2022: €145k▲ +654% vs 2021highest in 8 years
2023: €140k▼ -3.0% vs 2022
2024: €136k▼ -3.4% vs 2023
2025: €115k▼ -15.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€225k-€248k▲ 10.0%€291k▲ 17.5%€281k▼ 3.3%€252k▼ 10.4%
2021: €225klowest in 5 years
2022: €248k▲ +10.0% vs 2021
2023: €291k▲ +17.5% vs 2022highest in 5 years
2024: €281k▼ -3.3% vs 2023
2025: €252k▼ -10.4% vs 2024
Operating result€41k-€39k▼ 6.6%€77k▲ 99.6%€-10k€-27k▼ 180%
2021: €41k
2022: €39k▼ -6.6% vs 2021
2023: €77k▲ +99.6% vs 2022highest in 5 years
2024: €-10k▼ -113% vs 2023
2025: €-27k▼ -180% vs 2024lowest in 5 years
Net result€28k-€24k▼ 13.7%€54k▲ 123%€-9k€-29k▼ 209%
2021: €28k
2022: €24k▼ -13.7% vs 2021
2023: €54k▲ +123% vs 2022highest in 5 years
2024: €-9k▼ -118% vs 2023
2025: €-29k▼ -209% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27k in 2025 against €10k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €328k
Fixed assets
€159k ▼ 10.3%
Current assets
€170k ▲ 0.5%
Equity and liabilities €328k
Equity
€252k ▼ 10.4%
Debt
€76k ▲ 18.3%
Debt's share of the balance-sheet total rises from 18.6% to 23.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €14k
Cash flow
€-7k▼
2024 · €15k
Current ratio
3.12▼
2024 · 5.07
Quick ratio
2.73▼
2024 · 4.32
Debt to equity
0.30▲
2024 · 0.23
ROE
-11.6%▼
2024 · -3.4%
ROA
-8.9%▼
2024 · -2.7%
Interest coverage
-3.09▼
2024 · 5.35
Debt ≤ 1 year
€54k▲
2024 · €33k
Debt > 1 year
€20k▼
2024 · €30k
Income taxes
€0▼
2024 · €704
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€346k€328k▼
Fixed assets21/28€177k€159k▼
Intangible fixed assets21-€3k
Tangible fixed assets22/27€177k€155k▼
Land and buildings22€101k€91k▼
Plant, machinery and equipment23€2k€506▼
Furniture and vehicles24€13k€8k▼
Other tangible fixed assets26€61k€55k▼
Financial fixed assets28€135€135=
Current assets29/58€169k€170k▲
Stocks and contracts in progress3€25k€21k▼
Stocks30/36€25k€21k▼
Contracts in progress37€0-
Amounts receivable within one year40/41€97k€118k▲
Trade receivables40€55k€66k▲
Other amounts receivable41€42k€53k▲
Cash at bank and in hand54/58€38k€24k▼
Deferred charges and accrued income490/1€9k€6k▼
Equity and liabilities
Total equity and liabilities10/49€346k€328k▼
Equity10/15€281k€252k▼
Contributions10/11€19k€19k=
Reserves13€263k€234k▼
Distributable reserves133€263k€234k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€64k€76k▲
Amounts payable after more than one year17€30k€20k▼
Financial debts170/4€30k€20k▼
Amounts payable within one year42/48€33k€54k▲
Current portion of amounts payable after more than one year42€15k€10k▼
Financial debts43€11k€11k▼
Credit institutions430/8€11k€11k▼
Trade debts44€2k€13k▲
Suppliers440/4€2k€13k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€5k€20k▲
Taxes450/3€0-
Remuneration and social security454/9€5k€20k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€22k▼
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A€344€0▼
Gross operating margin9900€17k€-2k▼
Operating profit (loss)9901€-10k€-27k▼
Financial income75/76B€4k€30▼
Recurring financial income75€490€30▼
Non-recurring financial income76B€3k€0▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-9k€-29k▼
Income taxes67/77€704€0▼
Profit (loss) for the period9904€-9k€-29k▼
Profit (loss) for the period to be appropriated9905€-9k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-29k▼
Transfer from equity791/2€9k€29k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34k | €29k | €22k | €24k | €22k | ▼ 9.2% |
| Other operating charges640/8 | €3k | €2k | €2k | €2k | €4k | ▲ 51.4% |
| Non-recurring operating charges66A | - | €6k | €2k | €344 | €0 | ▼ 100% |
| Gross operating margin9900 | €78k | €75k | €104k | €17k | €-2k | ▼ 112% |
| Operating profit (loss)9901 | €41k | €39k | €77k | €-10k | €-27k | ▼ 180% |
| Financial income75/76B | €104 | €1 | €6 | €4k | €30 | ▼ 99.2% |
| Recurring financial income75 | €104 | €1 | €6 | €490 | €30 | ▼ 93.9% |
| Non-recurring financial income76B | - | - | - | €3k | €0 | ▼ 100% |
| Financial charges65/66B | €5k | €5k | €3k | €3k | €2k | ▼ 30.7% |
| Recurring financial charges65 | €5k | €5k | €3k | €3k | €2k | ▼ 30.7% |
| Profit (loss) for the period before taxes9903 | €37k | €34k | €74k | €-9k | €-29k | ▼ 234% |
| Income taxes67/77 | €9k | €10k | €20k | €704 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €28k | €24k | €54k | €-9k | €-29k | ▼ 209% |
| Profit (loss) for the period to be appropriated9905 | €28k | €24k | €54k | €-9k | €-29k | ▼ 209% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €414k | €409k | €415k | €346k | €328k | ▼ 5.1% |
| Fixed assets21/28 | €299k | €193k | €199k | €177k | €159k | ▼ 10.3% |
| Intangible fixed assets21 | - | - | - | - | €3k | - |
| Tangible fixed assets22/27 | €299k | €193k | €198k | €177k | €155k | ▼ 12.3% |
| Land and buildings22 | €113k | €105k | €108k | €101k | €91k | ▼ 9.5% |
| Plant, machinery and equipment23 | €10k | €9k | €5k | €2k | €506 | ▼ 78.4% |
| Furniture and vehicles24 | €95k | €5k | €18k | €13k | €8k | ▼ 36.4% |
| Other tangible fixed assets26 | €81k | €74k | €67k | €61k | €55k | ▼ 9.1% |
| Financial fixed assets28 | €135 | €135 | €135 | €135 | €135 | = |
| Current assets29/58 | €115k | €216k | €217k | €169k | €170k | ▲ 0.5% |
| Stocks and contracts in progress3 | €19k | €49k | €44k | €25k | €21k | ▼ 16.7% |
| Stocks30/36 | €5k | €40k | €38k | €25k | €21k | ▼ 16.7% |
| Contracts in progress37 | €14k | €9k | €5k | €0 | - | - |
| Amounts receivable within one year40/41 | €47k | €94k | €119k | €97k | €118k | ▲ 22.5% |
| Trade receivables40 | €14k | €66k | €97k | €55k | €66k | ▲ 19.9% |
| Other amounts receivable41 | €32k | €28k | €23k | €42k | €53k | ▲ 25.8% |
| Cash at bank and in hand54/58 | €42k | €69k | €46k | €38k | €24k | ▼ 37.6% |
| Deferred charges and accrued income490/1 | €9k | €3k | €8k | €9k | €6k | ▼ 26.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €414k | €409k | €415k | €346k | €328k | ▼ 5.1% |
| Equity10/15 | €225k | €248k | €291k | €281k | €252k | ▼ 10.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €207k | €229k | €272k | €263k | €234k | ▼ 11.1% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €205k | €227k | €272k | €263k | €234k | ▼ 11.1% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €189k | €162k | €124k | €64k | €76k | ▲ 18.3% |
| Amounts payable after more than one year17 | €92k | €69k | €45k | €30k | €20k | ▼ 33.8% |
| Financial debts170/4 | €92k | €69k | €45k | €30k | €20k | ▼ 33.8% |
| Amounts payable within one year42/48 | €96k | €72k | €76k | €33k | €54k | ▲ 63.5% |
| Current portion of amounts payable after more than one year42 | €41k | €23k | €24k | €15k | €10k | ▼ 33.1% |
| Financial debts43 | €0 | €11k | €11k | €11k | €11k | ▼ 0.2% |
| Credit institutions430/8 | €0 | €11k | €11k | €11k | €11k | ▼ 0.2% |
| Trade debts44 | €24k | €20k | €17k | €2k | €13k | ▲ 551% |
| Suppliers440/4 | €24k | €20k | €17k | €2k | €13k | ▲ 551% |
| Advances received on contracts in progress46 | €277 | €477 | €4k | €0 | - | - |
| Taxes, remuneration and social security45 | €26k | €15k | €11k | €5k | €20k | ▲ 300% |
| Taxes450/3 | €20k | €13k | €8k | €0 | - | - |
| Remuneration and social security454/9 | €6k | €3k | €3k | €5k | €20k | ▲ 300% |
| Other amounts payable47/48 | €5k | €2k | €10k | €0 | - | - |
| Accrued charges and deferred income492/3 | €994 | €21k | €3k | €1k | €2k | ▲ 71.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28k | €24k | €54k | €-9k | €-29k | ▼ 209% |
| + Depreciation and write-downs630 | €34k | €29k | €22k | €24k | €22k | ▼ 9.2% |
| Operating cash flow (approximation) | €62k | €53k | €76k | €15k | €-7k | ▼ 152% |
| Investment in fixed assets (approximation) | - | €77k | €-28k | €-2k | €-3k | ▼ 42.6% |
| Change in cash | - | €28k | €-23k | €-8k | €-14k | ▼ 86.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series.
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 3.02
Current ratio from 1.20 to 3.02; short-term debt falls from €96k to €72k.
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €225k ▲13.2%
4 profitable years in a row build equity to €225k.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €82k ▲255%
Operating result €113k, net result €82k, both a record.
31-12
Financial
Equity above €150kEq €199k ▲53.5%
3 profitable years in a row build equity to €199k.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Houthulst · 1 establishment unit since 2008
Ground area
881 m²
Building footprint
203 m²
Volume, LiDAR
1,198 m³
Parcel 32015C0814/00P002, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Deda Projects
since 20082.174.254.901
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32015C0814/00P002 | Flanders | 881 m² | 1 · 203 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 7,127 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-03-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43211General electrical installation work
43410Roofing work
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.