DPC2
ActiveSummary
The computed 12-month bankruptcy probability of DPC2 is 3.5% (moderate). The 2024 annual accounts show equity of €1.2m and a net result of -€200,341. Equity is growing by about 35% per year across the filed financial years. Its solvency ranks better than 42% of 9,640 sector peers (NACE 68, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €1.2m
- Loss
- -€200,341
- Largest shareholder
- Panach Invest · 50%
- DECONDirector · permanent representative André Philippe Moriau
Why 48raises riskFigures for financial year 2024 (filed 12-08-2025)Liquidity: current ratio 5.16, cash €12,847, halved1 change of registered office in 24 monthslowers riskSector: Real estate activities (NACE 68)Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, small): better than 43% on solvency, 41% on liquidity, 11% on profitability and 20% on growth.
The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 6 accounts on average 35 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
- Resignation: DECON BV (director)Permanent representatives: André Philippe Moriau…
- Resignation: André-Philippe Moriau (director)Permanent representatives: André-Philippe Moriau, Ben…
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 28 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result has fallen two years in a row; 2024 is 85% below 2023 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 748 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 96.7% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a small loss
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 748 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €0.004m | €0.006m | €0.09m | €0.006m | €0.006m | = |
| Other operating charges640/8 | - | - | - | €0.02m | €0.02m | €0.05m | €0.05m | ▲ 1.7% |
| Gross operating margin9900 | €1.1m | €0.4m | €0.2m | €0.2m | €1.2m | €0.9m | €0.2m | ▼ 80.2% |
| Operating profit (loss)9901 | €1.1m | €0.4m | €0.2m | €0.2m | €1.1m | €0.8m | €0.1m | ▼ 85.3% |
| Financial income75/76B | - | - | - | - | €0.003m | €0.03m | - | - |
| Recurring financial income75 | €0.004m | €0.02m | €0.01m | - | €0.003m | €0.03m | - | - |
| Financial charges65/66B | - | - | - | €0.2m | €0.3m | €0.2m | €0.3m | ▲ 65.7% |
| Recurring financial charges65 | €0.09m | €0.08m | €0.1m | €0.2m | €0.3m | €0.2m | €0.3m | ▲ 65.7% |
| Profit (loss) for the period before taxes9903 | €1.0m | €0.3m | €0.1m | -€0.03m | €0.8m | €0.7m | -€0.2m | - |
| Income taxes67/77 | €0.3m | €0.1m | €0.02m | -€0.002m | €0.2m | €0.2m | - | - |
| Profit (loss) for the period9904 | €0.6m | €0.2m | €0.09m | -€0.03m | €0.6m | €0.5m | -€0.2m | - |
| Profit (loss) for the period to be appropriated9905 | €0.6m | €0.2m | €0.09m | -€0.03m | €0.6m | €0.5m | -€0.2m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.6m | €4.4m | €4.5m | €6.0m | €5.2m | €6.0m | €5.4m | ▼ 9.5% |
| Fixed assets21/28 | - | - | €0.04m | €0.05m | €0.04m | €0.04m | €0.03m | ▼ 15.8% |
| Tangible fixed assets22/27 | - | - | €0.04m | €0.05m | €0.04m | €0.04m | €0.03m | ▼ 15.8% |
| Plant, machinery and equipment23 | - | - | - | €0.05m | €0.04m | €0.04m | €0.03m | ▼ 15.8% |
| Current assets29/58 | €2.6m | €4.4m | €4.5m | €6.0m | €5.2m | €5.9m | €5.4m | ▼ 9.4% |
| Stocks and contracts in progress3 | €1.4m | €3.4m | €3.6m | €5.7m | €4.7m | €3.8m | €3.7m | ▼ 3.7% |
| Stocks30/36 | - | - | - | €5.5m | €4.5m | €3.5m | €3.3m | ▼ 5.4% |
| Contracts in progress37 | - | - | - | €0.1m | €0.2m | €0.3m | €0.3m | ▲ 17.4% |
| Amounts receivable within one year40/41 | €1.0m | €1.0m | €0.8m | €0.3m | €0.3m | €1.9m | €1.7m | ▼ 11.2% |
| Trade receivables40 | - | - | - | €0.006m | €92 | - | - | - |
| Other amounts receivable41 | - | - | - | €0.3m | €0.3m | €1.9m | €1.7m | ▼ 11.2% |
| Cash at bank and in hand54/58 | €0.2m | €0.008m | €0.01m | €0.009m | €0.3m | €0.2m | €0.01m | ▼ 94.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.002m | €0.001m | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.6m | €4.4m | €4.5m | €6.0m | €5.2m | €6.0m | €5.4m | ▼ 9.5% |
| Equity10/15 | €0.3m | €0.3m | €0.4m | €0.3m | €1.0m | €1.4m | €1.2m | ▼ 13.9% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0.01m | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | €0.2m | €0.3m | €0.3m | €0.3m | €0.9m | €1.4m | €1.2m | ▼ 14.2% |
| Amounts payable17/49 | €2.3m | €4.1m | €4.2m | €5.7m | €4.3m | €4.5m | €4.2m | ▼ 8.0% |
| Amounts payable after more than one year17 | €1.6m | €3.3m | €3.6m | €2.7m | €2.4m | €2.5m | €3.1m | ▲ 22.7% |
| Financial debts170/4 | - | - | - | €2.7m | €2.4m | €2.5m | €3.1m | ▲ 22.7% |
| Amounts payable within one year42/48 | €0.7m | €0.8m | €0.5m | €3.0m | €1.8m | €2.0m | €1.0m | ▼ 48.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 1.3% |
| Financial debts43 | - | - | - | €1.7m | €0.5m | €0.4m | €0.4m | ▲ 1.0% |
| Credit institutions430/8 | - | - | - | €1.7m | €0.5m | €0.4m | €0.4m | ▲ 1.0% |
| Trade debts44 | €0.002m | €0.01m | - | €0.01m | €0.3m | €0.4m | €0.5m | ▲ 21.2% |
| Suppliers440/4 | - | - | - | €0.01m | €0.3m | €0.4m | €0.5m | ▲ 21.2% |
| Advances received on contracts in progress46 | - | - | - | €0.3m | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.2m | €0.4m | €0.2m | ▼ 54.3% |
| Taxes450/3 | - | - | - | €0.03m | €0.2m | €0.4m | €0.2m | ▼ 54.3% |
| Other amounts payable47/48 | - | - | - | €1.0m | €0.8m | €0.8m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.001m | €0.03m | ▲ 30× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €649,424 | €214,246 | €89,127 | -€29,788 | €622,116 | €480,231 | -€200,341 | - |
| + Depreciation and write-downs630 | - | - | €4,257 | €5,587 | €89,177 | €5,910 | €5,910 | = |
| Operating cash flow (approximation) | €649,424 | €214,246 | €93,384 | -€24,201 | €711,293 | €486,141 | -€194,432 | - |
| Investment in fixed assets (approximation) | - | - | - | -€16,528 | -€83,267 | €0 | €0 | - |
| Change in cash | - | -€187,438 | €6,880 | -€5,197 | €273,285 | -€65,432 | -€204,267 | ▼ 212% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | abbreviated format | 08-08-2025 | 2025-00371961 |
| 31-12-2023 | abbreviated format | 22-10-2024 | 2024-00516453 |
| 31-12-2022 | abbreviated format | 29-09-2023 | 2023-00468172 |
| 31-12-2021 | abbreviated format | 27-09-2022 | 2022-20447524 |
| 31-12-2020 | abbreviated format | 09-08-2021 | 2021-48100558 |
| 31-12-2019 | abbreviated format | 22-07-2020 | 2020-32800297 |
| 31-12-2018 | abbreviated format | 11-07-2019 | 2019-31900251 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DECON |
|
| André-Philippe Moriau |
|
Owners and capital
Owners
2 ownersOwners 2
-
50%
-
25%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 09-01-2024 Converted to unavailable equity · €30,000
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
06-01
Gazette deed
Resignation: DECON BV (director)Permanent representatives: André Philippe Moriau and Jan Heynickx4 facts ▸
- General meeting, 15-12-2025
- Director resignation, DECON BV (director)
- Permanent representative, André Philippe Moriau
- Permanent representative, Jan Heynickx
29-09
Gazette deed
Resignation: André-Philippe Moriau (director)Permanent representatives: André-Philippe Moriau, Ben Bartholomeeusen and Nadia Jansen7 facts ▸
- Board meeting, 26-05-2025
- Director resignation, André-Philippe Moriau (director)
- Permanent representative, André-Philippe Moriau (2 times)
- Permanent representative, Ben Bartholomeeusen
- Board composition, Panach Invest BV (director)
- Permanent representative, Nadia Jansen
- Board composition, Decon BV (director)
12-05
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 26-02-2025
- Registered-office move, 3520 Zonhoven, Eikenenweg 58 bus 1/2
09-01
Gazette deed
Resignation: DECON (manager)Appointment: DECON (director) · Permanent representative: BARTHOLOMEEUSEN Ben · Capital conversion10 facts ▸
- General meeting, 21-12-2023
- Other provision, “besloten vennootschap (BV), aanpassing statuten aan WVV en behoud rechtsvorm” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden statutenwijziging, opheffing” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, DECON (manager)
- Director appointment, DECON (director (not named in the articles))
- Permanent representative, BARTHOLOMEEUSEN Ben
- Registered office clause, “Ankerstraat 65/1,9100 Sint-Niklaas” (deed in Dutch)
Show earlier events
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0684.485.745
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71066B0016/00F000 | Flanders | 4,440 m² | 1 · 581 m² | 13.2 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DPC2
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering in vormen statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie als…” (deed in Dutch)