DEKAP
ActiveSummary
The computed 12-month bankruptcy probability of DEKAP is 1.7% (moderate). The annual accounts of DEKAP for financial year 2025 show a net loss of 220% of total assets and of 70% of the equity at the start of that year. The 2025 annual accounts show equity of €182,233 and a net result of -€430,980. Equity has been shrinking by about 8.4% per year since 2018. Its solvency ranks better than 93% of 11,259 sector peers (NACE 68, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-12-2006 Normal situation
- Activity
- Buying and selling of own real estate NACE 68110and 4 others
- Establishment unit
- 2.159.020.159 8520 Kuurne, since 23-01-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.7%
- Gross margin
- -€17,597
- Loss
- €430,980
- ▼ 14.9%
- Equity
- €182,233
- ▼ 70.3%
- Total assets
- €196,130
- ▼ 69.3%
- 2025 accounts filed 30 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsLoss of €430,980, the second in a row (financial year 2025)Last filed accounts filed 30 days late; 1 of the last 3 accounts lateLiquidity: current ratio 2.65, cash €8,316, halvedShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 91% of them on solvency, 66% on liquidity, 4% on profitability and 9% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 38 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 30 days after the deadline Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00499515.
Annual accounts 2025 filed on 30-08-2026 at the NBB all 19 filings
Every figure per financial year
The operating result for 2025 is a loss of €31,259, smaller than the loss of €506,186 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €99,698 |
| Depreciation and write-downs of the year | €2,770 | €2,770 | €665 | - | €6,280 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €0.2m | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | €0.02m | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.001m | €0.5m | €0.003m | €0.003m | €0.003m | €0.001m | - | €0.006m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | - | €0.004m | - |
| Other operating charges640/8 | - | - | - | €111 | €114 | €115 | - | €0.004m | - |
| Non-recurring operating charges66A | - | - | - | - | - | - | €0.7m | - | - |
| Gross operating margin9900 | €0.005m | -€0.04m | -€0.007m | €0.005m | -€0.002m | €0.009m | €0.1m | -€0.02m | - |
| Operating profit (loss)9901 | €0.004m | -€0.5m | -€0.02m | €0.002m | -€0.005m | €0.008m | -€0.5m | -€0.03m | ▲ 93.8% |
| Financial income75/76B | - | - | - | - | - | €0.4m | - | €279 | - |
| Recurring financial income75 | €0.005m | - | - | - | - | €10 | - | €279 | - |
| Non-recurring financial income76B | - | - | - | - | - | €0.4m | - | - | - |
| Financial charges65/66B | - | - | - | €23 | €0.001m | €24 | €231 | €0.4m | ▲ 1,732× |
| Recurring financial charges65 | €63 | €51 | €21 | €23 | €0.001m | €24 | €231 | €0.4m | ▲ 1,732× |
| Non-recurring financial charges66B | - | - | - | - | - | - | - | €0.4m | - |
| Profit (loss) for the period before taxes9903 | €0.009m | -€2.9m | -€0.02m | €0.002m | -€0.006m | €0.5m | -€0.5m | -€0.4m | ▲ 14.9% |
| Income taxes67/77 | €0.002m | €0.001m | €57 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €0.007m | -€2.9m | -€0.02m | €0.002m | -€0.006m | €0.5m | -€0.5m | -€0.4m | ▲ 14.9% |
| Profit (loss) for the period to be appropriated9905 | €0.007m | -€2.9m | -€0.02m | €0.002m | -€0.006m | €0.5m | -€0.5m | -€0.4m | ▲ 14.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.6m | €0.7m | €0.7m | €0.7m | €0.7m | €1.2m | €0.6m | €0.2m | ▼ 69.3% |
| Fixed assets21/28 | €3.0m | €0.7m | €0.7m | €0.7m | €0.7m | €1.1m | €0.5m | €0.2m | ▼ 64.4% |
| Tangible fixed assets22/27 | €0.01m | €0.009m | €0.006m | €0.003m | €0.001m | - | - | €0.09m | - |
| Plant, machinery and equipment23 | - | - | - | - | - | - | - | €0.05m | - |
| Furniture and vehicles24 | - | - | - | €0.003m | €0.001m | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | - | - | - | €0.04m | - |
| Financial fixed assets28 | €3.0m | €0.7m | €0.7m | €0.7m | €0.7m | €1.1m | €0.5m | €0.08m | ▼ 84.0% |
| Current assets29/58 | €0.6m | €0.03m | €0.02m | €0.02m | €0.02m | €0.04m | €0.2m | €0.03m | ▼ 83.5% |
| Amounts receivable within one year40/41 | €0.06m | €0.03m | €0.02m | €0.02m | €0.02m | €0.04m | €0.05m | €0.02m | ▼ 59.9% |
| Trade receivables40 | - | - | - | €0.006m | - | €0.02m | - | - | - |
| Other amounts receivable41 | - | - | - | €0.02m | €0.02m | €0.02m | €0.05m | €0.02m | ▼ 59.9% |
| Cash at bank and in hand54/58 | €0.004m | €0.001m | €466 | €109 | €0.001m | €171 | €0.1m | €0.008m | ▼ 92.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €199 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.6m | €0.7m | €0.7m | €0.7m | €0.7m | €1.2m | €0.6m | €0.2m | ▼ 69.3% |
| Equity10/15 | €3.6m | €0.7m | €0.7m | €0.7m | €0.7m | €1.1m | €0.6m | €0.2m | ▼ 70.3% |
| Contributions10/11 | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | = |
| Capital10 | - | - | - | - | - | - | - | €2.8m | - |
| Issued capital100 | - | - | - | - | - | - | - | €2.8m | - |
| Reserves13 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Non-distributable reserves130/1 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Legal reserve130 | - | - | - | - | - | - | - | €0.3m | - |
| Reserves not available under the articles1311 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | - | - |
| Distributable reserves133 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | €0.06m | -€2.8m | -€2.8m | -€2.8m | -€2.8m | -€2.4m | -€2.9m | -€3.3m | ▼ 14.9% |
| Provisions and deferred taxes16 | - | - | - | - | - | - | - | €0.004m | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | - | - | €0.004m | - |
| Environmental obligations163 | - | - | - | - | - | - | - | €0.004m | - |
| Amounts payable17/49 | €0.01m | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | €0.02m | €0.01m | ▼ 59.4% |
| Amounts payable within one year42/48 | €0.01m | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | €0.02m | €0.01m | ▼ 59.4% |
| Trade debts44 | €0.001m | €344 | €0.007m | €0.007m | €0.002m | €0.002m | €0.003m | €0.01m | ▲ 296% |
| Suppliers440/4 | - | - | - | €0.007m | €0.002m | €0.002m | €0.003m | €0.01m | ▲ 296% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.02m | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €0.004m | - | - |
| Taxes450/3 | - | - | - | - | - | - | €0.004m | - | - |
| Other amounts payable47/48 | - | - | - | €0.02m | €0.02m | €0.01m | €0.02m | €189 | ▼ 99.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.007m | -€2.9m | -€0.02m | €0.002m | -€0.006m | €0.5m | -€0.5m | -€0.4m | ▲ 14.9% |
| + Depreciation and write-downs630 | €0.001m | €0.5m | €0.003m | €0.003m | €0.003m | €0.001m | - | €0.006m | - |
| Operating cash flow (approximation) | €0.008m | -€2.4m | -€0.02m | €0.005m | -€0.003m | €0.5m | -€0.5m | -€0.4m | ▲ 16.1% |
| Investment in fixed assets (approximation) | - | €1.8m | €0 | €0 | €0 | -€0.4m | €0.6m | €0.3m | ▼ 53.0% |
| Change in cash | - | -€0.003m | -€74 | -€357 | €0.001m | -€0.001m | €0.1m | -€0.1m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,805 companies had the same profile as DEKAP has now. Two years later, 88.1% were still going and 2.0% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DEKAP itself: 1.7% within 12 months.
Test of the method
The method was tested on the 497,446 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 4,805 companies, not a prediction for DEKAP. 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.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-08-2026 | 2026-00499515 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00444520 | |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00446998 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00436983 | |
| 31-12-2021 | micro format | 27-08-2022 | 2022-20341921 | |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-59600051 | |
| 31-12-2019 | abbreviated format | 30-10-2020 | 2020-65600010 | |
| 31-12-2018 | abbreviated format | 01-07-2019 | 2019-25100376 | |
| 31-12-2017 | abbreviated format | 17-07-2018 | 2018-33400115 | |
| 31-12-2016 | abbreviated format | 14-06-2017 | 2017-17500496 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 12-02-2024 Converted to unavailable equity
- 12-02-2024 Capital reduction of €2,847,000 · to €178,000 · “aanzuivering verliezen vermeld in jaarrekening boekjaar afgesloten op 2022-12-31”
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VANDERSTEENE Patrick |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid aantal bij meer kopers, prijs vermeld in oorspronkelijke bekendmaking”
Articles of association, deed of 12-02-2024 (in Dutch)
Network & group
DEKAP shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of DEKAP. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
10-06
Gazette deed
Registered office moved from Kuurne to Staden-Oostnieuwkerke3 points ▸
- Other provision, “publicatienummer”, 25072705 (deed in Dutch)
- Board meeting, 01-10-2024
- Registered-office move, Meiboomstraat 18 te 8840 Staden-Oostnieuwkerke
12-02
Gazette deed
Capital decrease of €2,847,000 to €178,000Change of role: VANDERSTEENE Patrick, from manager to director · Purpose change · Amendment of the articles13 points ▸
- General meeting, 27-12-2023
- Other provision, “vrijstelling voorlezing bestuursverslag, verslag bestuursorgaan met gedetailleerde motivering voorgestelde wijziging doel” (deed in Dutch)
- Other provision, “ontvangst verslag, kopie verslag ontvangen en kennis genomen” (deed in Dutch)
- Purpose change
- Amendment of the articles, mentioned 3 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “middelen beschikbaar voor uitkering, opheffing statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Capital decrease, €2,847,000
- Director resignation, VANDERSTEENE Patrick (manager)
- Director appointment, VANDERSTEENE Patrick (director (not named in the articles))
- Director discharge, VANDERSTEENE Patrick
- The act holds 1 more point.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Noordlaan 31, 8520 Kuurne until 01-10-2024 · act of 10-06-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
8 activities
- De aankoop,verkoop,de overdracht,de ruil en het beheer van alle roerende waarden,aandelen,obligaties,staatsfondsen,van alle roerende en onroerende goederen en van alle industriële,commerciële,landbouwondernemingen,financiële ondernemingen,immobiliënondernemingen en andere ondernemingen,van alle bestaande of nog op te richten ondernemingen,alsook alle financiële investeringen en verrichtingen.
- De vennootschap kan alle materialen,machines,uitrustingen of transportmiddelen verwerven en verhuren,ze kan tevens het gebruik en/of de verwerving hiervan door derden,onder welke vorm dan ook,mogelijk maken.
- De vennootschap kan bijstandsdiensten verlenen in welke vorm dan ook met het oog op de studie van,de controle op en de leiding over alle verrichtingen op financieel,commercieel,industrieel,technisch en wetenschappelijk gebied,evenals op het gebied van de organisatie van ondernemingen
- De vennootschap kan,met name door middel van aankoop,ruil,inbreng,intekening,vaste overname,aankoopopties of op om het even welke andere wijze,alle titels,waarden,vorderingen en onlichamelijke rechten verwerven,deelnemen aan alle verenigingen en fusies,haar portefeuille van titels en deelbewijzen beheren en te gelde maken,met name door middel van het beheer over,het toezicht van,de controle op en de documentatie in verband met bijstand op financieel of ander vlak,van de vennootschappen en de ondernemingen waarin ze belang stelt,alsook deze waarden realiseren of vereffenen via overdracht,verkoop of op een andere wijze.
- Zij kan leningen en kredietopeningen toestaan,alsmede alle borgen aan derden verschaffen,zelfs voor alle zaken die haar doel of de hierboven vermelde opsomming te buiten gaan
- De vennootschap kan mandaten uitoefenen van bestuurder en van vereffenaar
- De vennootschap kan in het algemeen alle commerciële,industriële en financiële,roerende en onroerende verrichtingen uitvoeren,welke rechtstreeks of onrechtstreeks betrekking hebben op haar doel.
- De vennootschap kan,op om het even welke wijze,belangen verwerven in alle zaken,vennootschappen of ondernemingen waarvan het doel analoog,gelijkaardig of verwant is aan het hare,of die in staat zijn de ontwikkeling van haar onderneming te begunstigen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34023A0316/00E000 | Flanders | 3,194 m² | 1 · 1,059 m² | 7.1 m · 2 |
| 36014A0571/00F000 | Flanders | 1,940 m² | 1 · 243 m² | 8.0 m · 2 |