Dekin
ActiveSummary
Dekin has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€45,194) and a net result of -€5,583. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 397 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-2
Solvency16▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.8 against 11.45 in 2024; short-term debt: 1.3% and cash: 0.5% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 2025Solvency, return and age of the figures
Solvency
-9.2%
Return on assets
-1.1%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€45,194
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
6 d early
2023
22 d early
2022
9 d late
2021
2 d early
2020
2 d early
2019
33 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#10 oldest company in Pepingen
Equity
-€45,194▼ 14.1%
2024 · -€39,611
Total assets
€491,047▼ 3.5%
2024 · €509,109
Net result
-€5,583
2024 · €322
Working capital
-€1,239
2024 · €6,239
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
Line20212022202320242025
Operating result-€55,835▼ 8.5%-€43,903▲ 21.4%-€9,445▲ 78.5%€384-€5,512
Net result-€55,979▼ 3.2%-€44,078▲ 21.3%-€10,142▲ 77.0%€322-€5,583
Equity€14,288▼ 79.7%-€29,790-€39,932▼ 34.0%-€39,611▲ 0.8%-€45,194▼ 14.1%
Total assets€739,614▼ 2.8%€553,317▼ 25.2%€527,569▼ 4.7%€509,109▼ 3.5%€491,047▼ 3.5%
Debt€725,326▲ 5.1%€583,107▼ 19.6%€567,501▼ 2.7%€548,720▼ 3.3%€536,241▼ 2.3%
Working capital€80,697▲ 14.5%-€81,376€3,348€6,239▲ 86.3%-€1,239
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,512 after €384 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €491,047
Fixed assets
€486,045 ▼ 3.2%
Current assets
€5,002 ▼ 26.8%
Key figures and ratios
EBITDA
€10,717▼
2024 · €18,130
Cash flow
€10,646▼
2024 · €18,068
Solvency
-9.2%▼
2024 · -7.8%
Current ratio
0.80▼
2024 · 11.45
Debt to equity
-11.87▲
2024 · -13.85
ROA
-1.1%▼
2024 · 0.1%
Interest coverage
150.52▼
2024 · 290.08
Debt ≤ 1 year
€6,241▲
2024 · €597
Debt > 1 year
€530,000▼
2024 · €548,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,242 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 93% are still going.
- Small
- 20 years or older
- negative equity
- a small loss
1.7%
went bankrupt
3.9%
stopped otherwise
93%
still going
A further 1.9% 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 497,058 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% | 1.6% |
| 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 74% 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 1,242 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,035 | €26,794 | €23,866 | €17,746 | €16,229 | ▼ 8.5% |
| Other operating charges640/8 | €2,862 | €2,044 | €2,538 | €2,330 | €2,653 | ▲ 13.9% |
| Gross operating margin9900 | -€23,938 | -€15,065 | €16,959 | €20,460 | €13,370 | ▼ 34.7% |
| Operating profit (loss)9901 | -€55,835 | -€43,903 | -€9,445 | €384 | -€5,512 | ▼ 1,535% |
| Financial income75/76B | €21 | - | - | - | €1 | - |
| Recurring financial income75 | €21 | - | - | - | €1 | - |
| Financial charges65/66B | €165 | €175 | €697 | €63 | €71 | ▲ 13.9% |
| Recurring financial charges65 | €165 | €175 | €697 | €63 | €71 | ▲ 13.9% |
| Profit (loss) for the period before taxes9903 | -€55,979 | -€44,078 | -€10,142 | €322 | -€5,583 | ▼ 1,837% |
| Profit (loss) for the period9904 | -€55,979 | -€44,078 | -€10,142 | €322 | -€5,583 | ▼ 1,837% |
| Profit (loss) for the period to be appropriated9905 | -€55,979 | -€44,078 | -€10,142 | €322 | -€5,583 | ▼ 1,837% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €739,614 | €553,317 | €527,569 | €509,109 | €491,047 | ▼ 3.5% |
| Fixed assets21/28 | €571,091 | €543,886 | €520,020 | €502,274 | €486,045 | ▼ 3.2% |
| Tangible fixed assets22/27 | €570,681 | €543,886 | €520,020 | €502,274 | €486,045 | ▼ 3.2% |
| Land and buildings22 | €554,561 | €535,481 | €518,537 | €502,274 | €486,045 | ▼ 3.2% |
| Plant, machinery and equipment23 | €15,968 | €8,375 | €1,483 | - | - | - |
| Furniture and vehicles24 | €152 | €30 | - | - | - | - |
| Financial fixed assets28 | €410 | - | - | - | - | - |
| Current assets29/58 | €168,523 | €9,431 | €7,549 | €6,835 | €5,002 | ▼ 26.8% |
| Stocks and contracts in progress3 | €127,664 | - | - | - | - | - |
| Contracts in progress37 | €127,664 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €31,723 | €3,047 | €4,324 | €3,810 | €2,595 | ▼ 31.9% |
| Trade receivables40 | €2,504 | - | €2,129 | €1,896 | €1,500 | ▼ 20.9% |
| Other amounts receivable41 | €29,220 | €3,047 | €2,195 | €1,914 | €1,095 | ▼ 42.8% |
| Cash at bank and in hand54/58 | €6,465 | €6,383 | €1,694 | €736 | €2,408 | ▲ 227% |
| Deferred charges and accrued income490/1 | €2,672 | - | €1,531 | €2,290 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €739,614 | €553,317 | €527,569 | €509,109 | €491,047 | ▼ 3.5% |
| Equity10/15 | €14,288 | -€29,790 | -€39,932 | -€39,611 | -€45,194 | ▼ 14.1% |
| Contributions10/11 | €299,951 | €299,951 | €299,951 | €299,951 | €299,951 | = |
| Capital10 | €299,951 | €299,951 | €299,951 | €299,951 | €299,951 | = |
| Issued capital100 | €299,951 | €299,951 | €299,951 | €299,951 | €299,951 | = |
| Reserves13 | €29,995 | €29,995 | €29,995 | €29,995 | €29,995 | = |
| Non-distributable reserves130/1 | €29,995 | €29,995 | €29,995 | €29,995 | €29,995 | = |
| Legal reserve130 | €29,995 | €29,995 | €29,995 | €29,995 | €29,995 | = |
| Profit (loss) carried forward14 | -€315,658 | -€359,736 | -€369,879 | -€369,557 | -€375,140 | ▼ 1.5% |
| Amounts payable17/49 | €725,326 | €583,107 | €567,501 | €548,720 | €536,241 | ▼ 2.3% |
| Amounts payable after more than one year17 | €637,500 | €492,300 | €563,300 | €548,000 | €530,000 | ▼ 3.3% |
| Financial debts170/4 | €637,500 | €492,300 | €563,300 | €548,000 | €530,000 | ▼ 3.3% |
| Amounts payable within one year42/48 | €87,826 | €90,807 | €4,201 | €597 | €6,241 | ▲ 946% |
| Financial debts43 | €86,615 | - | - | - | - | - |
| Other loans439 | €86,615 | - | - | - | - | - |
| Trade debts44 | €1,211 | - | €3,508 | €262 | €2,403 | ▲ 819% |
| Suppliers440/4 | €1,211 | - | €3,508 | €262 | €2,403 | ▲ 819% |
| Advances received on contracts in progress46 | - | - | - | - | €605 | - |
| Taxes, remuneration and social security45 | - | - | - | €105 | €356 | ▲ 240% |
| Taxes450/3 | - | - | - | €105 | €356 | ▲ 240% |
| Other amounts payable47/48 | - | €90,807 | €693 | €230 | €2,876 | ▲ 1,149% |
| Accrued charges and deferred income492/3 | - | - | - | €123 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€55,979 | -€44,078 | -€10,142 | €322 | -€5,583 | ▼ 1,837% |
| + Depreciation and write-downs630 | €29,035 | €26,794 | €23,866 | €17,746 | €16,229 | ▼ 8.5% |
| Operating cash flow (approximation) | -€26,943 | -€17,284 | €13,724 | €18,068 | €10,646 | ▼ 41.1% |
| Investment in fixed assets (approximation) | - | €410 | €0 | €0 | €0 | - |
| Change in cash | - | -€81 | -€4,689 | -€958 | €1,672 | ▲ 275% |
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
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €322
Net result €322 after 6 loss-making years.
30-09
Financial
Liquidity times 6current ratio 11.45
Current ratio from 1.80 to 11.45; short-term debt falls from €4,201 to €597.
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity times 17current ratio 1.80
Current ratio from 0.10 to 1.80; short-term debt falls from €90,807 to €4,201.
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity doublescurrent ratio 1.78
Current ratio from 0.85 to 1.78; short-term debt falls from €123,898 to €90,084.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
26-04
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 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, Pepingen · 1 establishment unit since 1988
Ground area
8,422 m²
Building footprint
945 m²
Volume, LiDAR
6,523 m³
Parcel 23064A0113/00A000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kestergat(P) 22, 1670 Pepingen
since 19882.040.083.115
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23064A0113/00A000 | Flanders | 8,422 m² | 1 · 945 m² | 10.4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 sitePepingen2.040.083.115
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Of 127 companies in sector 28930 we hold annual accounts for 101. 26 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
Founded12-07-1988
Fiscal year end30-09
Activities, NACEBEL 2025
28930Manufacture of machinery and equipment not elsewhere classified
93121Football clubs
E-invoicing
Reachable via Peppol
Peppol ID
0208:0435085877
Also
9925:BE0435085877
Registered
01-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.