DeeCide
ActiveSummary
DeeCide has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.2m and a net result of €375,048. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 91% of 1547 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+16
Solvency100▲+8
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 2.59 against 3.17 in 2023; short-term debt: 11.5% and cash: 16.9% of total assets), and 11.7% of the assets are financed with debt.
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Signals
Six 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
88.3%
Return on assets
27.4%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €1.2m
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 23-06-2025, 38 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
1 d late
2022
54 d early
2021
107 d late
2020
2 d early
2019
31 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 8 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€375,048▲ 155%
2023 · €147,277
Working capital
€250,529▼ 28.5%
2023 · €350,303
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€91,298▲ 72.8%-€225,067▼ 147%€39,509€150,149▲ 280%€379,042▲ 152%
Net result-€93,710▲ 72.2%-€228,793▼ 144%€35,996€147,277▲ 309%€375,048▲ 155%
Equity€877,942▼ 9.6%€649,149▼ 26.1%€685,145▲ 5.5%€832,421▲ 21.5%€1.2m▲ 45.1%
Total assets€952,399▼ 6.7%€951,323▼ 0.1%€1.3m▲ 39.0%€1.2m▼ 6.3%€1.4m▲ 10.3%
Debt€74,457▲ 52.8%€302,174▲ 306%€637,444▲ 111%€407,482▼ 36.1%€159,745▼ 60.8%
Working capital€238,285▼ 25.5%€246,727▲ 3.5%€556,490▲ 126%€350,303▼ 37.1%€250,529▼ 28.5%
Staff (FTE)2=2.3▲ 15.0%3.64.7▲ 30.6%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 152% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets
€959,509 ▲ 31.8%
Current assets
€407,706 ▼ 20.4%
Equity and liabilities €1.4m
Equity
€1.2m ▲ 45.1%
Debt
€159,745 ▼ 60.8%
Debt's share of the balance-sheet total falls from 32.9% to 11.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€605,450▲
2023 · €370,555
Cash flow
€601,456▲
2023 · €367,683
Current ratio
2.59▼
2023 · 3.17
Debt to equity
0.13▼
2023 · 0.49
ROE
31.1%▲
2023 · 17.7%
ROA
27.4%▲
2023 · 11.9%
Interest coverage
73.25▲
2023 · 69.41
Debt ≤ 1 year
€157,177▼
2023 · €161,724
Income taxes
€347▼
2023 · €934
Staff costs
€376,938▲
2023 · €261,815
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €170,682 | €234,861 | €261,815 | €376,938 | ▲ 44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €259,598 | €287,045 | €284,190 | €220,406 | €226,408 | ▲ 2.7% |
| Other operating charges640/8 | - | €868 | €868 | €960 | €1,038 | ▲ 8.1% |
| Gross operating margin9900 | €326,647 | €233,528 | €559,429 | €633,330 | €983,426 | ▲ 55.3% |
| Operating profit (loss)9901 | -€91,298 | -€225,067 | €39,509 | €150,149 | €379,042 | ▲ 152% |
| Financial income75/76B | - | €6 | €1,264 | €3,401 | €4,619 | ▲ 35.8% |
| Recurring financial income75 | - | €6 | €1,264 | €3,401 | €4,619 | ▲ 35.8% |
| Financial charges65/66B | - | €3,497 | €4,203 | €5,339 | €8,265 | ▲ 54.8% |
| Recurring financial charges65 | €2,412 | €3,497 | €4,203 | €5,339 | €8,265 | ▲ 54.8% |
| Profit (loss) for the period before taxes9903 | -€93,710 | -€228,558 | €36,570 | €148,211 | €375,395 | ▲ 153% |
| Income taxes67/77 | €0 | €235 | €575 | €934 | €347 | ▼ 62.9% |
| Profit (loss) for the period9904 | -€93,710 | -€228,793 | €35,996 | €147,277 | €375,048 | ▲ 155% |
| Profit (loss) for the period to be appropriated9905 | -€93,710 | -€228,793 | €35,996 | €147,277 | €375,048 | ▲ 155% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €952,399 | €951,323 | €1.3m | €1.2m | €1.4m | ▲ 10.3% |
| Formation expenses20 | €6,179 | €3,316 | €1,057 | - | - | - |
| Fixed assets21/28 | €633,478 | €586,706 | €578,673 | €727,877 | €959,509 | ▲ 31.8% |
| Intangible fixed assets21 | €632,395 | €586,706 | €575,472 | €720,415 | €951,720 | ▲ 32.1% |
| Tangible fixed assets22/27 | €1,082 | €0 | €1,101 | €5,362 | €5,689 | ▲ 6.1% |
| Furniture and vehicles24 | - | €0 | €1,101 | €5,362 | €5,689 | ▲ 6.1% |
| Financial fixed assets28 | - | - | €2,100 | €2,100 | €2,100 | = |
| Current assets29/58 | €312,742 | €361,301 | €742,858 | €512,027 | €407,706 | ▼ 20.4% |
| Amounts receivable within one year40/41 | €91,487 | €271,616 | €407,744 | €426,594 | €123,116 | ▼ 71.1% |
| Trade receivables40 | - | €258,493 | €377,263 | €422,544 | €94,254 | ▼ 77.7% |
| Other amounts receivable41 | - | €13,123 | €30,481 | €4,050 | €28,862 | ▲ 613% |
| Cash at bank and in hand54/58 | €221,255 | €88,884 | €327,583 | €70,086 | €231,698 | ▲ 231% |
| Deferred charges and accrued income490/1 | - | €801 | €7,531 | €15,347 | €52,892 | ▲ 245% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €952,399 | €951,323 | €1.3m | €1.2m | €1.4m | ▲ 10.3% |
| Equity10/15 | €877,942 | €649,149 | €685,145 | €832,421 | €1.2m | ▲ 45.1% |
| Contributions10/11 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Capital10 | - | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Issued capital100 | - | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Profit (loss) carried forward14 | -€822,213 | -€1.1m | -€1.0m | -€867,734 | -€492,685 | ▲ 43.2% |
| Amounts payable17/49 | €74,457 | €302,174 | €637,444 | €407,482 | €159,745 | ▼ 60.8% |
| Amounts payable within one year42/48 | €74,457 | €114,574 | €186,368 | €161,724 | €157,177 | ▼ 2.8% |
| Financial debts43 | - | €462 | €422 | - | - | - |
| Credit institutions430/8 | - | €462 | €422 | - | - | - |
| Trade debts44 | €27,625 | €40,657 | €40,742 | €67,593 | €115,545 | ▲ 70.9% |
| Suppliers440/4 | - | €40,657 | €40,742 | €67,593 | €115,545 | ▲ 70.9% |
| Taxes, remuneration and social security45 | - | €71,969 | €145,204 | €94,131 | €40,817 | ▼ 56.6% |
| Taxes450/3 | - | €48,014 | €127,583 | €67,817 | - | - |
| Remuneration and social security454/9 | - | €23,955 | €17,620 | €26,314 | €40,817 | ▲ 55.1% |
| Other amounts payable47/48 | - | €1,486 | €0 | - | €814 | - |
| Accrued charges and deferred income492/3 | - | €187,600 | €451,076 | €245,759 | €2,569 | ▼ 99.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€93,710 | -€228,793 | €35,996 | €147,277 | €375,048 | ▲ 155% |
| + Depreciation and write-downs630 | €259,598 | €287,045 | €284,190 | €220,406 | €226,408 | ▲ 2.7% |
| Operating cash flow (approximation) | €165,888 | €58,252 | €320,186 | €367,683 | €601,456 | ▲ 63.6% |
| Investment in fixed assets (approximation) | - | -€240,273 | -€276,158 | -€369,610 | -€458,040 | ▼ 23.9% |
| Change in cash | - | -€132,371 | €238,699 | -€257,497 | €161,612 | ▲ 163% |
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
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €375,048 ▲155%
Operating result €379,042, net result €375,048, both a record.
31-12
Financial
Equity above €1mEq €1.2m ▲45.1%
3 profitable years in a row build equity to €1.2m.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €35,996
Net result €35,996 after 4 loss-making years.
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 107 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet -€336,822
Net result drops to -€336,822, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Waterloo · 1 establishment unit since 2017
Ground area
3,928 m²
Building footprint
671 m²
Volume, LiDAR
7,466 m³
2 parcels, Wallonia · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DeeCide
since 20172.263.774.716
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25014N0295/00M000 | Wallonia | 2,621 m² | 1 · 590 m² | 15.7 m · 4 fl. |
| 25110S0296/00P002 | Wallonia | 1,307 m² | 1 · 81 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
89450058G98XKTVAT209
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Of 16,910 companies in sector 62100 we hold annual accounts for 8,775. 3,681 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63910Web portal activities
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.