Dedeco
ActiveSummary
Dedeco has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €85,724 and a net result of -€45,435. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 19362 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-7
Solvency79▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.09 against 2.97 in 2023; short-term debt: 45.8% and cash: 4.2% of total assets), and 45.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
54.2%
Return on assets
-28.7%
Age of the figures
21 mo
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 (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€45,435
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
5 d early
2022
13 d early
2021
41 d early
2020
9 d early
2019
66 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€85,724▼ 34.6%
2023 · €131,158
Total assets
€158,070▼ 21.5%
2023 · €201,389
Net result
-€45,435▼ 140%
2023 · -€18,928
Working capital
€79,196▼ 40.0%
2023 · €131,987
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€1,167€1,587-€386-€13,381▼ 3,369%-€36,061▼ 169%
Net result-€6,145within the sector's middle half-€2,422within the sector's middle half▲ 60.6%-€3,977within the sector's middle half▼ 64.2%-€18,928below the sector's middle half▼ 376%-€45,435below the sector's middle half▼ 140%
Equity€156,485within the sector's middle half▼ 3.8%€154,063within the sector's middle half▼ 1.5%€150,086within the sector's middle half▼ 2.6%€131,158within the sector's middle half▼ 12.6%€85,724within the sector's middle half▼ 34.6%
Total assets€175,791within the sector's middle half▲ 0.2%€189,480within the sector's middle half▲ 7.8%€213,377within the sector's middle half▲ 12.6%€201,389within the sector's middle half▼ 5.6%€158,070within the sector's middle half▼ 21.5%
Debt€19,306▲ 50.4%€35,417▲ 83.5%€63,291▲ 78.7%€70,230▲ 11.0%€72,347▲ 3.0%
Working capital€154,726▼ 3.3%€153,155▼ 1.0%€148,510▼ 3.0%€131,987▼ 11.1%€79,196▼ 40.0%
Solvency89.0%above the sector's middle half▼ 3.7pp81.3%above the sector's middle half▼ 7.7pp70.3%above the sector's middle half▼ 11.0pp65.1%above the sector's middle half▼ 5.2pp54.2%within the sector's middle half▼ 10.9pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
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 €36,061 in 2024 against €13,381 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €158,070
Fixed assets
€6,527 ▲ 160%
Current assets
€151,543 ▼ 23.8%
Equity and liabilities €158,070
Equity
€85,724 ▼ 34.6%
Debt
€72,347 ▲ 3.0%
Debt's share of the balance-sheet total rises from 34.9% to 45.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€35,287▼
2023 · -€12,671
Cash flow
-€44,661▼
2023 · -€18,217
Current ratio
2.09▼
2023 · 2.97
Debt to equity
0.84▲
2023 · 0.54
ROE
-53.0%▼
2023 · -14.4%
ROA
-28.7%▼
2023 · -9.4%
Interest coverage
-3.88▼
2023 · -1.97
Debt ≤ 1 year
€72,347▲
2023 · €66,892
Income taxes
€289▼
2023 · €315
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.9%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 4,815 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €790 | €573 | €628 | €710 | €774 | ▲ 9.0% |
| Other operating charges640/8 | - | €195 | €537 | €778 | €1,775 | ▲ 128% |
| Gross operating margin9900 | €235 | €2,355 | €780 | -€11,893 | -€33,512 | ▼ 182% |
| Operating profit (loss)9901 | -€1,167 | €1,587 | -€386 | -€13,381 | -€36,061 | ▼ 169% |
| Financial income75/76B | - | €2,923 | €4,315 | €1,204 | €0 | ▼ 100% |
| Recurring financial income75 | - | €2,923 | €4,315 | €1,204 | €0 | ▼ 100% |
| Financial charges65/66B | - | €2,714 | €4,586 | €6,435 | €9,084 | ▲ 41.2% |
| Recurring financial charges65 | €2,242 | €2,714 | €4,586 | €6,435 | €9,084 | ▲ 41.2% |
| Profit (loss) for the period before taxes9903 | -€3,409 | €1,796 | -€657 | -€18,612 | -€45,146 | ▼ 143% |
| Income taxes67/77 | €2,736 | €4,219 | €3,320 | €315 | €289 | ▼ 8.3% |
| Profit (loss) for the period9904 | -€6,145 | -€2,422 | -€3,977 | -€18,928 | -€45,435 | ▼ 140% |
| Profit (loss) for the period to be appropriated9905 | -€6,145 | -€2,422 | -€3,977 | -€18,928 | -€45,435 | ▼ 140% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €175,791 | €189,480 | €213,377 | €201,389 | €158,070 | ▼ 21.5% |
| Fixed assets21/28 | €2,822 | €2,249 | €3,219 | €2,509 | €6,527 | ▲ 160% |
| Tangible fixed assets22/27 | €2,822 | €2,249 | €3,219 | €2,509 | €6,527 | ▲ 160% |
| Land and buildings22 | - | €1,575 | €1,350 | €1,125 | €900 | ▼ 20.0% |
| Plant, machinery and equipment23 | - | - | €1,544 | €1,384 | €1,224 | ▼ 11.6% |
| Furniture and vehicles24 | - | €674 | €325 | - | €4,403 | - |
| Current assets29/58 | €172,969 | €187,231 | €210,158 | €198,880 | €151,543 | ▼ 23.8% |
| Amounts receivable within one year40/41 | €90,328 | €64,191 | €13,652 | €59,568 | €42,639 | ▼ 28.4% |
| Trade receivables40 | - | €3,291 | €6,050 | €6,655 | €20,234 | ▲ 204% |
| Other amounts receivable41 | - | €60,899 | €7,602 | €52,913 | €22,405 | ▼ 57.7% |
| Current investments50/53 | - | €50,000 | €100,001 | €100,001 | €100,001 | = |
| Cash at bank and in hand54/58 | €81,827 | €72,206 | €93,894 | €36,539 | €6,577 | ▼ 82.0% |
| Deferred charges and accrued income490/1 | - | €835 | €2,612 | €2,772 | €2,326 | ▼ 16.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €175,791 | €189,480 | €213,377 | €201,389 | €158,070 | ▼ 21.5% |
| Equity10/15 | €156,485 | €154,063 | €150,086 | €131,158 | €85,724 | ▼ 34.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €34,150 | €34,150 | €34,150 | €34,150 | €34,150 | = |
| Distributable reserves133 | - | €34,150 | €34,150 | €34,150 | €34,150 | = |
| Profit (loss) carried forward14 | €103,735 | €101,313 | €97,336 | €78,408 | €32,973 | ▼ 57.9% |
| Amounts payable17/49 | €19,306 | €35,417 | €63,291 | €70,230 | €72,347 | ▲ 3.0% |
| Amounts payable within one year42/48 | €18,244 | €34,076 | €61,648 | €66,892 | €72,347 | ▲ 8.2% |
| Trade debts44 | €2,112 | €1,821 | €1,820 | €751 | €1,147 | ▲ 52.7% |
| Suppliers440/4 | - | €1,821 | €1,820 | €751 | €1,147 | ▲ 52.7% |
| Taxes, remuneration and social security45 | - | €917 | €1,650 | €2,053 | €3,374 | ▲ 64.3% |
| Taxes450/3 | - | €917 | €1,650 | €2,053 | €3,374 | ▲ 64.3% |
| Other amounts payable47/48 | - | €31,338 | €58,177 | €64,088 | €67,826 | ▲ 5.8% |
| Accrued charges and deferred income492/3 | - | €1,341 | €1,643 | €3,338 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,145 | -€2,422 | -€3,977 | -€18,928 | -€45,435 | ▼ 140% |
| + Depreciation and write-downs630 | €790 | €573 | €628 | €710 | €774 | ▲ 9.0% |
| Operating cash flow (approximation) | -€5,355 | -€1,849 | -€3,349 | -€18,217 | -€44,661 | ▼ 145% |
| Investment in fixed assets (approximation) | - | €0 | -€1,599 | €0 | -€4,793 | - |
| Change in cash | - | -€9,621 | €21,688 | -€57,354 | -€29,962 | ▲ 47.8% |
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
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€45,435
Net result drops to -€45,435, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Brasschaat · 1 establishment unit since 2010
Ground area
1,287 m²
Building footprint
158 m²
Volume, LiDAR
1,159 m³
Parcel 11008A0331/00B002, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEDECO
since 20102.190.138.254
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008A0331/00B002 | Flanders | 1,286 m² | 1 · 158 m² | 11.1 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 11,757 companies in sector 68310 we hold annual accounts for 6,914. 5,153 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
Founded18-05-2010
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
64210Activities of holding companies
68322Real estate appraisal on a fee or contract basis
E-invoicing
Reachable via Peppol
Peppol ID
0208:0826101191
Also
9925:BE0826101191
Registered
07-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.