Equity
€54,600 =
Dicon paid out €10,000 in dividends. That is 100% of the 2025 profit.
Dicon
Lifetime
3 annual accounts with figures on one time axispeak €51,611 (2024)
€30,885▼ 40.2%
peak €33,540 (2024)
€10,002▼ 70.2%
peak €54,600 (2025)
€54,600unchanged
€79,143▲ 134%
Board1 name since 2023
1 directorDieter Deconinck
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €51,611 to €30,885Result from €33,540 to €10,002Dividend €10,000Debts from €33,810 to €79,143Investments €34,660
Key points
from the 2025 annual accountsInvestments
€43,852 3.9 × depreciation
Green is investment, beige is depreciation.
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 31 days after the end of the period.
Checked score
55
Fair
Financially stronger than 44% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.6%● unchanged vs 01-2025
03-2025: 1.7%▲ +0.1 percentage points vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025
05-2025: 1.7%● unchanged vs 04-2025
06-2025: 1.7%● unchanged vs 05-2025
07-2025: 1.7%● unchanged vs 06-2025
08-2025: 2.5%▲ +0.8 percentage points vs 07-2025highest value
09-2025: 1.4%▼ -1.1 percentage points vs 08-2025
10-2025: 1.4%● unchanged vs 09-2025
11-2025: 1.3%▼ -0.1 percentage points vs 10-2025lowest value
12-2025: 1.4%▲ +0.1 percentage points vs 11-2025
01-2026: 1.4%● unchanged vs 12-2025
02-2026: 1.4%● unchanged vs 01-2026
03-2026: 1.4%● unchanged vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.4%● unchanged vs 05-2026
07-2026: 1.4%● unchanged vs 06-2026
08-2026: 2.1%▲ +0.7 percentage points vs 07-2026
09-2026: 2.1%● unchanged vs 08-2026
10-2026: 2.1%● unchanged vs 09-2026
11-2026: 1.7%▼ -0.4 percentage points vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
2 of the last 3 accounts late
Founded in 2023
Size: total assets €133,743
lowers risk
Liquidity: current ratio 1.52, cash €20,145
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 43, micro). It does better than 44% of them on solvency, 41% on liquidity, 55% on profitability and 35% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Dicon has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Dicon itself: 1.7% within 12 months.
Test of the method
The method was tested on the 497,447 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 39,278 companies, not a prediction for Dicon. 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.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.52 (1.84 in 2024), above the usual 1.5. Short-term debt is 41.5% and cash 15.1% of total assets. However, 59.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
31 days late
2023
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 21 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (3 of the last 3 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Company renamed from Elektriciteitswerken Deconinck to Dicon
“Dicon” (deed in Dutch) · Board meeting of 04-03-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0799862889
First establishment
Elektriciteitswerken Deconinck, Ittrekapelstraat 36, Roeselare
Incorporation
Founding capital of €2,000 · Founder: Dieter Deconinck · 100 shares · Appointment: Dieter Deconinck (director) · published on 27-03-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Dicon Roeselare | €133,743 | €30,885 | 40.8% | - |
| De.Light Bruges | €130,202 | €32,135 | 67.1% | - |
| Lonova Waregem | €159,759 | €30,970 | 27.1% | - |
| Electro VDW Izegem | €134,335 | €32,576 | 45.1% | - |
| Baltec Kortrijk | €147,326 | €39,341 | 69.8% | - |
| MCH CONSULT Namur | €139,931 | €32,525 | 69.2% | - |
| ABL Construct Heusden-Zolder | €125,416 | €33,889 | 68.5% | - |
These companies have the same main activity as Dicon: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €125,000 and €160,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 23-03-2023Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Establishment unit
- 2.343.239.5898800 Roeselare, since 30-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2023
Annual accounts 2025
- ≈ €140,000estimated
- €133,743▲ 51.3%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on Dicon
Dicon files the micro format. That format states no turnover. The gross margin rose from €28,973 in 2023 to €30,885 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Dicon
- What is the company number of Dicon?
- The company number of Dicon is 0799.862.889. The VAT number is the same number with BE in front: BE 0799.862.889.
- Where is Dicon based?
- The registered office is at Ittrekapelstraat 36, 8800 Roeselare.Company details
- What does Dicon do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Dicon?
- Dicon is a private limited company (BV).
- When was Dicon founded?
- Dicon was founded on 23-03-2023.
- Is Dicon still active?
- Yes, Dicon is an active enterprise in the KBO register.
- What is the turnover of Dicon?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €30,885 and 45 comparable companies (NACE 43211). It probably lies between €100,000 and €220,000.Financials
- Is Dicon profitable?
- In financial year 2025, Dicon made a profit of €10,002.
- Where can I find the annual accounts of Dicon?
- Dicon filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Dicon due?
- Dicon must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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