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DEKOLEC

Active
Private limited companyfounded 200025 yrs activeDuifhuisstraat(KRU) 42, 9770 Kruisem, BelgiumKBO/BCE: BE 0473.008.721

DEKOLEC has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107k and a net result of €7k. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
85 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-24
Solvency100▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.5 against 4.22 in 2024; short-term debt: 12.1% and cash: 35.9% of total assets), and 25% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 43
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 25 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-10-2025, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
10 d early
2023
13 d early
2022
11 d early
2021
3 d early
2020
9 d late
2019
2 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€107k▲ 7.2%
2024 · €100k
2019: €37k 2020: €38k 2021: €46k 2022: €57k 2023: €73k 2024: €100k
2019 → 2025
Total assets
€143k▲ 0.6%
2024 · €142k
2019: €62k 2020: €60k 2021: €70k 2022: €81k 2023: €101k 2024: €142k
2019 → 2025
Net result
€7k▼ 78.8%
2024 · €34k
2019: €9k 2020: €600 2021: €9k 2022: €10k 2023: €16k 2024: €34k
2019 → 2025
Working capital
€60k▼ 20.7%
2024 · €76k
2019: €35k 2020: €37k 2021: €51k 2022: €68k 2023: €85k 2024: €76k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€46k-€57k▲ 22.3%€73k▲ 29.0%€100k▲ 36.9%€107k▲ 7.2%
Operating result€14k-€16k▲ 15.3%€26k▲ 59.4%€48k▲ 84.1%€12k▼ 76.1%
Net result€9k-€10k▲ 18.8%€16k▲ 59.2%€34k▲ 107%€7k▼ 78.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2021: €14k€14kNet result 2021: €9k€9kOperating result 2022: €16k€16kNet result 2022: €10k€10kOperating result 2023: €26k€26kNet result 2023: €16k€16kOperating result 2024: €48k€48kNet result 2024: €34k€34kOperating result 2025: €12k€12kNet result 2025: €7k€7k20212022202320242025
The operating result falls in 2025; 2025 is 76% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €143k
Fixed assets €65k▲ 54.0%
Current assets €78k▼ 22.2%
Equity and liabilities €143k
Equity €107k▲ 7.2%
Debt €36k▼ 15.1%
The debt ratio falls from 29.6% to 25.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€27k
2024 · €57k
Cash flow
€23k
2024 · €43k
Solvency
75.0%
2024 · 70.4%
Current ratio
4.50
2024 · 4.22
Quick ratio
3.56
2024 · 3.22
Debt / equity
0.33
2024 · 0.42
ROE
6.7%
2024 · 34.1%
ROA
5.1%
2024 · 24.0%
Interest coverage
18.03
2024 · 49.23
Debt
€36k
2024 · €42k
Debt ≤ 1 year
€17k
2024 · €24k
Debt > 1 year
€19k=
2024 · €19k
Income taxes
€3k
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€142k€143k
Fixed assets21/28€43k€65k
Tangible fixed assets22/27€40k€63k
Plant, machinery and equipment23€827€646
Furniture and vehicles24€37k€60k
Other tangible fixed assets26€2k€1k
Financial fixed assets28€3k€3k=
Current assets29/58€100k€78k
Stocks and contracts in progress3€24k€16k
Stocks30/36€24k€16k
Amounts receivable within one year40/41€6k€10k
Trade receivables40€6k€5k
Other amounts receivable41€7€5k
Cash at bank and in hand54/58€70k€51k
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€142k€143k
Equity10/15€100k€107k
Contributions10/11€19k€19k=
Reserves13€80k€87k
Distributable reserves133€80k€87k
Profit (loss) carried forward14€1k€1k
Amounts payable17/49€42k€36k
Amounts payable after more than one year17€19k€19k=
Financial debts170/4€19k€19k=
Amounts payable within one year42/48€24k€17k
Trade debts44€15k€13k
Suppliers440/4€15k€13k
Taxes, remuneration and social security45€6k€469
Taxes450/3€6k€469
Other amounts payable47/48€3k€4k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€16k
Other operating charges640/8€530€564
Gross operating margin9900€58k€28k
Operating profit (loss)9901€48k€12k
Financial income75/76B€156€389
Recurring financial income75€156€389
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€47k€10k
Income taxes67/77€13k€3k
Profit (loss) for the period9904€34k€7k
Profit (loss) for the period to be appropriated9905€34k€7k
Appropriation of the result
Profit (loss) to be appropriated9906€35k€8k
Profit (loss) brought forward from the previous period14P€1k€1k
Transfer from equity791/2€7k€0
Transfer to equity691/2€34k€7k
To other reserves6921€34k€7k
Profit to be distributed694/7€7k€0
Return on contributions (dividend)694€7k€0

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
13-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
21-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Highest result since 2019net €34k ▲107%
Operating result €48k, net result €34k, both a record.
31-03
Financial Equity above €100kEq €100k ▲36.9%
6 profitable years in a row build equity to €100k.
2023
18-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
20-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
28-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
09-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
31-03
Financial Weakest financial yearnet €600 ▼93.4%
Net result drops to €600, the lowest in the series; recovery starts the following year.
2019
29-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
23-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
21-09
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.

Directors · office · real estate

Directors
2 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, Kruisem · 1 establishment unit since 2000
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Duifhuisstraat(KRU) 429770 Kruisem
Ground area
973 m²
Building footprint
201 m²
Volume, LiDAR
1,274 m³
Parcel 45017A0367/00E000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Duifhuisstraat(KRU) 42, 9770 Kruisem
NACE 3150203
since 20002.097.649.645
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45017A0367/00E000 Flanders 972 m² 1 · 201 m² 9.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,783 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-10-2000
Fiscal year end31-03
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.