DICAM
ActiveSummary
DICAM has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.3m and a net result of €188,939. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 55% of 9341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-7
Solvency62▼-33
Growth50▼-16
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95,000 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.25 in 2024; short-term debt: 8.2% and cash: 0.2% of total assets), and 62.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.4%
Return on assets
2.1%
Age of the figures
9 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
42 d early
2023
19 d early
2022
55 d early
2021
24 d early
2020
31 d early
2019
44 d early
← 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 34 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 7 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
€985,139▲ 8.7%
2024 · €906,508
EBIT margin
36.4%▼ 27.4pp
2024 · 63.8%
Net result
€188,939▼ 50.5%
2024 · €382,046
Working capital
-€715,053▼ 80.0%
2024 · -€397,268
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
Line20212022202320242025
Turnover€856,413▲ 5.9%€899,671▲ 5.1%€947,896▲ 5.4%€906,508▼ 4.4%€985,139▲ 8.7%
Operating result€560,962▲ 11.3%€608,292▲ 8.4%€635,042▲ 4.4%€577,955▼ 9.0%€358,142▼ 38.0%
Net result€353,722above the sector's middle half▲ 20.6%€391,128above the sector's middle half▲ 10.6%€403,035above the sector's middle half▲ 3.0%€382,046above the sector's middle half▼ 5.2%€188,939above the sector's middle half▼ 50.5%
EBIT margin65.5%▲ 3.1pp67.6%▲ 2.1pp67.0%▼ 0.6pp63.8%▼ 3.2pp36.4%▼ 27.4pp
Equity€2.0mabove the sector's middle half▲ 22.1%€2.3mabove the sector's middle half▲ 20.0%€2.7mabove the sector's middle half▲ 17.2%€3.1mabove the sector's middle half▲ 13.9%€3.3mabove the sector's middle half▲ 6.0%
Total assets€5.1mabove the sector's middle half▼ 8.2%€4.9mabove the sector's middle half▼ 4.4%€5.0mabove the sector's middle half▲ 3.7%€4.5mwithin the sector's middle half▼ 11.1%€8.9mabove the sector's middle half▲ 97.8%
Debt€3.1m▼ 20.6%€2.5m▼ 19.6%€2.3m▼ 8.8%€1.4m▼ 41.0%€5.5m▲ 311%
Working capital-€217,141below the sector's middle half-€233,843below the sector's middle half▼ 7.7%€49,644within the sector's middle half-€397,268below the sector's middle half-€715,053below the sector's middle half▼ 80.0%
Solvency38.5%within the sector's middle half▲ 9.6pp48.3%within the sector's middle half▲ 9.8pp54.5%within the sector's middle half▲ 6.3pp69.9%above the sector's middle half▲ 15.3pp37.4%within the sector's middle half▼ 32.4pp
Current ratio0.33below the sector's middle half▼ 0.800.29below the sector's middle half▼ 0.041.12within the sector's middle half▲ 0.830.25below the sector's middle half▼ 0.870.02below the sector's middle half▼ 0.23
Return on assets (ROA)7.0%above the sector's middle half▲ 1.7pp8.1%above the sector's middle half▲ 1.1pp8.0%above the sector's middle half▼ 0.1pp8.5%above the sector's middle half▲ 0.5pp2.1%within the sector's middle half▼ 6.4pp
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 38% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.9m
Fixed assets
€8.8m ▲ 103%
Current assets
€14,214 ▼ 89.1%
Equity and liabilities €8.9m
Equity
€3.3m ▲ 6.0%
Debt
€5.5m ▲ 311%
Debt's share of the balance-sheet total rises from 30.1% to 62.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€595,238▼
2024 · €784,225
Cash flow
€426,035▼
2024 · €588,316
Debt to equity
1.67▲
2024 · 0.43
ROE
5.7%▼
2024 · 12.2%
Interest coverage
5.67▼
2024 · 19.53
Debt ≤ 1 year
€729,267▲
2024 · €527,994
Debt > 1 year
€4.8m▲
2024 · €822,416
Income taxes
€64,175▼
2024 · €155,749
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 542 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 93% are still going.
- Medium-sized
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 542 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €856,413 | €899,671 | €947,896 | €906,508 | €985,139 | ▲ 8.7% |
| Goods, raw materials, services and sundry goods60/61 | €8,086 | €3,262 | €35,272 | €121,123 | €87,173 | ▼ 28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €209,478 | €208,833 | €208,781 | €206,270 | €237,096 | ▲ 14.9% |
| Other operating charges640/8 | €77,887 | €79,284 | €68,801 | €71,561 | €302,728 | ▲ 323% |
| Gross operating margin9900 | €848,327 | €896,409 | €912,624 | €855,786 | €897,966 | ▲ 4.9% |
| Operating profit (loss)9901 | €560,962 | €608,292 | €635,042 | €577,955 | €358,142 | ▼ 38.0% |
| Financial charges65/66B | €89,544 | €86,720 | €70,288 | €40,160 | €105,028 | ▲ 162% |
| Recurring financial charges65 | €89,544 | €86,720 | €70,288 | €40,160 | €105,028 | ▲ 162% |
| Profit (loss) for the period before taxes9903 | €471,418 | €521,572 | €564,754 | €537,795 | €253,114 | ▼ 52.9% |
| Income taxes67/77 | €117,696 | €130,444 | €161,719 | €155,749 | €64,175 | ▼ 58.8% |
| Profit (loss) for the period9904 | €353,722 | €391,128 | €403,035 | €382,046 | €188,939 | ▼ 50.5% |
| Profit (loss) for the period to be appropriated9905 | €353,722 | €391,128 | €403,035 | €382,046 | €188,939 | ▼ 50.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.1m | €4.9m | €5.0m | €4.5m | €8.9m | ▲ 97.8% |
| Fixed assets21/28 | €5.0m | €4.8m | €4.6m | €4.3m | €8.8m | ▲ 103% |
| Tangible fixed assets22/27 | €5.0m | €4.8m | €4.6m | €4.3m | €8.8m | ▲ 103% |
| Land and buildings22 | €4.9m | €4.7m | €4.5m | €4.3m | €5.9m | ▲ 36.5% |
| Plant, machinery and equipment23 | €62,079 | €55,244 | €51,060 | €44,033 | €37,006 | ▼ 16.0% |
| Assets under construction and advance payments27 | - | - | - | - | €2.9m | - |
| Current assets29/58 | €106,484 | €93,949 | €481,173 | €130,726 | €14,214 | ▼ 89.1% |
| Amounts receivable within one year40/41 | €106,484 | €81,320 | - | - | - | - |
| Trade receivables40 | €106,484 | €81,320 | - | - | - | - |
| Cash at bank and in hand54/58 | - | €12,629 | €481,173 | €119,659 | €14,214 | ▼ 88.1% |
| Deferred charges and accrued income490/1 | - | - | - | €11,067 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.1m | €4.9m | €5.0m | €4.5m | €8.9m | ▲ 97.8% |
| Equity10/15 | €2.0m | €2.3m | €2.7m | €3.1m | €3.3m | ▲ 6.0% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | €1.0m | - | - | - | - | - |
| Issued capital100 | €1.0m | - | - | - | - | - |
| Reserves13 | €52,698 | €78,004 | €278,004 | €478,004 | €478,004 | = |
| Non-distributable reserves130/1 | €52,698 | €78,004 | €78,004 | €78,004 | €78,004 | = |
| Legal reserve130 | €52,698 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €78,004 | €78,004 | €78,004 | €78,004 | = |
| Distributable reserves133 | - | - | €200,000 | €400,000 | €400,000 | = |
| Profit (loss) carried forward14 | €900,208 | €1.3m | €1.5m | €1.7m | €1.8m | ▲ 11.4% |
| Amounts payable17/49 | €3.1m | €2.5m | €2.3m | €1.4m | €5.5m | ▲ 311% |
| Amounts payable after more than one year17 | €2.8m | €2.2m | €1.9m | €822,416 | €4.8m | ▲ 485% |
| Financial debts170/4 | €2.8m | €2.2m | €1.9m | €822,416 | €4.8m | ▲ 485% |
| Amounts payable within one year42/48 | €323,625 | €327,792 | €431,529 | €527,994 | €729,267 | ▲ 38.1% |
| Current portion of amounts payable after more than one year42 | €266,664 | €266,664 | €314,974 | €391,911 | €404,638 | ▲ 3.2% |
| Financial debts43 | €581 | - | - | - | €103,754 | - |
| Credit institutions430/8 | €581 | - | - | - | - | - |
| Other loans439 | - | - | - | - | €103,754 | - |
| Trade debts44 | €782 | €982 | €2,864 | €67,790 | €119,478 | ▲ 76.2% |
| Suppliers440/4 | €782 | €982 | €2,864 | €67,790 | €119,478 | ▲ 76.2% |
| Taxes, remuneration and social security45 | €55,598 | €60,146 | €113,691 | €68,293 | €101,397 | ▲ 48.5% |
| Taxes450/3 | €55,598 | €60,146 | €113,691 | €68,293 | €101,397 | ▲ 48.5% |
| Accrued charges and deferred income492/3 | €25 | €26 | €25 | €12 | €1,395 | ▲ 11,525% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €353,722 | €391,128 | €403,035 | €382,046 | €188,939 | ▼ 50.5% |
| + Depreciation and write-downs630 | €209,478 | €208,833 | €208,781 | €206,270 | €237,096 | ▲ 14.9% |
| Operating cash flow (approximation) | €563,200 | €599,961 | €611,816 | €588,316 | €426,035 | ▼ 27.6% |
| Investment in fixed assets (approximation) | - | €0 | -€2,599 | €0 | -€4.7m | - |
| Change in cash | - | - | €468,544 | -€361,514 | -€105,445 | ▲ 70.8% |
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
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €188,939 ▼50.5%
Net result drops to €188,939, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €403,035 ▲3%
Operating result €635,042, net result €403,035, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 1.12
Current ratio from 0.29 to 1.12.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €2mEq €2.3m ▲20%
5 profitable years in a row build equity to €2.3m.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity times 5current ratio 1.13
Current ratio from 0.23 to 1.13.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
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 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Kontich · 1 establishment unit since 2014
Ground area
4,259 m²
Building footprint
266 m²
Volume, LiDAR
1,553 m³
Parcel 11024F0313/00C002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
DICAM
since 20142.226.949.853
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024F0313/00C002 | Flanders | 4,259 m² | 1 · 266 m² | 8.8 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.
Similar companies · same sector, comparable size
GREEN SPHERE
BE 1001.621.505
Dison · Eq €3,319,966
VERBOVEN
BE 0421.307.622
Hasselt · Eq €3,315,804
Immobilière de la Pépinière
BE 0404.727.055
Elsene · Eq €3,314,363
STOCK TRADING ATH
BE 0871.797.594
Ath · Eq €3,322,869
PACO
BE 0423.738.164
Boom · Eq €3,324,200
Of 12,042 companies in sector 68203 we hold annual accounts for 6,005. 3,119 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
Founded13-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0543332236
Also
9925:BE0543332236
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.