Summary
FREDERIK DECOCK is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €12,035 and a net result of €188. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 2469 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 2469 sector peers (2025).
NBB · sector comparisonPosition among 2469 sector peers
Solvency
better than 15%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €12,035
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 13-08-2025, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 d early
2024
112 d early
2023
130 d early
2022
166 d early
2021
113 d early
2020
51 d late
2019
35 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 83 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
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 monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€12,035▲ 1.6%
2024 · €11,847
Net result
€188▼ 97.7%
2024 · €8,207
Total assets
€161,558▲ 69.0%
2024 · €95,569
Solvency
7.4%▼ 4.9pp
2024 · 12.4%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€10,821€33,119▲ 206%€7,528▼ 77.3%€17,575▲ 133%€5,148▼ 70.7%
Net result€8,661within the sector's middle half€20,471within the sector's middle half▲ 136%€1,564below the sector's middle half▼ 92.4%€8,207within the sector's middle half▲ 425%€188below the sector's middle half▼ 97.7%
Equity-€18,395below the sector's middle half▲ 32.0%€2,077below the sector's middle half€3,640below the sector's middle half▲ 75.3%€11,847below the sector's middle half▲ 225%€12,035below the sector's middle half▲ 1.6%
Total assets€21,219below the sector's middle half▲ 9.2%€51,429below the sector's middle half▲ 142%€81,360below the sector's middle half▲ 58.2%€95,569below the sector's middle half▲ 17.5%€161,558within the sector's middle half▲ 69.0%
Debt€39,613▼ 14.8%€49,353▲ 24.6%€77,720▲ 57.5%€83,721▲ 7.7%€149,523▲ 78.6%
Working capital€9,251within the sector's middle half▲ 5.8%-€6,485below the sector's middle half-€24,302below the sector's middle half▼ 275%-€12,953below the sector's middle half▲ 46.7%€58,156within the sector's middle half
Solvency-86.7%below the sector's middle half▲ 52.6pp4.0%below the sector's middle half▲ 90.7pp4.5%below the sector's middle half▲ 0.4pp12.4%below the sector's middle half▲ 7.9pp7.4%below the sector's middle half▼ 4.9pp
Current ratio2.87within the sector's middle half▼ 19.200.75below the sector's middle half▼ 2.120.59below the sector's middle half▼ 0.160.82below the sector's middle half▲ 0.231.85within the sector's middle half▲ 1.04
Return on assets (ROA)40.8%above the sector's middle half▲ 94.5pp39.8%above the sector's middle half▼ 1.0pp1.9%within the sector's middle half▼ 37.9pp8.6%within the sector's middle half▲ 6.7pp0.1%below the sector's middle half▼ 8.5pp
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 71% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161,558
Fixed assets
€35,287 ▼ 6.4%
Current assets
€126,271 ▲ 118%
Equity and liabilities €161,558
Equity
€12,035 ▲ 1.6%
Debt
€149,523 ▲ 78.6%
Debt's share of the balance-sheet total rises from 87.6% to 92.6%. Equity and debt are higher.
Key figures and ratios
ROE
1.6%▼
2024 · 69.3%
Debt ≤ 1 year
€68,116▼
2024 · €70,823
Debt > 1 year
€81,407▲
2024 · €12,898
Income taxes
€1,586▼
2024 · €3,923
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,243 | €5,019 | €7,695 | €8,413 | €9,219 | ▲ 9.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | €881 | €1,003 | €2,469 | €1,119 | ▼ 54.7% |
| Non-recurring operating charges66A | - | €0 | - | - | - | - |
| Gross operating margin9900 | €16,005 | €39,019 | €16,225 | €28,456 | €15,486 | ▼ 45.6% |
| Operating profit (loss)9901 | €10,821 | €33,119 | €7,528 | €17,575 | €5,148 | ▼ 70.7% |
| Financial income75/76B | - | €47 | €155 | €2,187 | €4,113 | ▲ 88.1% |
| Recurring financial income75 | €16 | €47 | €155 | €2,187 | €4,113 | ▲ 88.1% |
| Financial charges65/66B | - | €4,574 | €4,457 | €7,632 | €7,487 | ▼ 1.9% |
| Recurring financial charges65 | €2,177 | €4,574 | €4,329 | €7,632 | €7,487 | ▼ 1.9% |
| Non-recurring financial charges66B | - | - | €128 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €8,661 | €28,592 | €3,225 | €12,130 | €1,774 | ▼ 85.4% |
| Income taxes67/77 | - | €8,121 | €1,661 | €3,923 | €1,586 | ▼ 59.6% |
| Profit (loss) for the period9904 | €8,661 | €20,471 | €1,564 | €8,207 | €188 | ▼ 97.7% |
| Profit (loss) for the period to be appropriated9905 | €8,661 | €20,471 | €1,564 | €8,207 | €188 | ▼ 97.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21,219 | €51,429 | €81,360 | €95,569 | €161,558 | ▲ 69.0% |
| Fixed assets21/28 | €7,033 | €31,878 | €46,112 | €37,699 | €35,287 | ▼ 6.4% |
| Tangible fixed assets22/27 | €7,033 | €31,878 | €46,112 | €37,699 | €35,287 | ▼ 6.4% |
| Plant, machinery and equipment23 | - | €112 | €0 | - | - | - |
| Furniture and vehicles24 | - | €29,001 | €22,615 | €16,299 | €15,674 | ▼ 3.8% |
| Other tangible fixed assets26 | - | €2,766 | €23,497 | €21,400 | €19,612 | ▼ 8.4% |
| Current assets29/58 | €14,185 | €19,551 | €35,249 | €57,870 | €126,271 | ▲ 118% |
| Amounts receivable after more than one year29 | - | - | €28,000 | €28,000 | €28,000 | = |
| Other amounts receivable291 | - | - | €28,000 | €28,000 | €28,000 | = |
| Amounts receivable within one year40/41 | €2,916 | €7,359 | €2,678 | €23,643 | €47,928 | ▲ 103% |
| Trade receivables40 | - | €7,359 | €2,591 | €14,654 | €5,990 | ▼ 59.1% |
| Other amounts receivable41 | - | €0 | €87 | €8,989 | €41,939 | ▲ 367% |
| Current investments50/53 | €5,050 | €1,000 | €872 | €0 | - | - |
| Cash at bank and in hand54/58 | €6,219 | €10,492 | €3,069 | €3,069 | €44,627 | ▲ 1,354% |
| Deferred charges and accrued income490/1 | - | €700 | €630 | €3,158 | €5,717 | ▲ 81.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21,219 | €51,429 | €81,360 | €95,569 | €161,558 | ▲ 69.0% |
| Equity10/15 | -€18,395 | €2,077 | €3,640 | €11,847 | €12,035 | ▲ 1.6% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €757 | €757 | €757 | €757 | €757 | = |
| Non-distributable reserves130/1 | - | €757 | €757 | €757 | €757 | = |
| Reserves not available under the articles1311 | - | €757 | €757 | €757 | €757 | = |
| Profit (loss) carried forward14 | -€25,352 | -€4,881 | -€3,317 | €4,890 | €5,078 | ▲ 3.8% |
| Amounts payable17/49 | €39,613 | €49,353 | €77,720 | €83,721 | €149,523 | ▲ 78.6% |
| Amounts payable after more than one year17 | €34,679 | €23,317 | €18,169 | €12,898 | €81,407 | ▲ 531% |
| Financial debts170/4 | - | €23,317 | €18,169 | €12,898 | €81,407 | ▲ 531% |
| Amounts payable within one year42/48 | €4,934 | €26,036 | €59,551 | €70,823 | €68,116 | ▼ 3.8% |
| Current portion of amounts payable after more than one year42 | - | €5,030 | €5,148 | €5,271 | €8,681 | ▲ 64.7% |
| Financial debts43 | - | - | €37,445 | €44,016 | €50,000 | ▲ 13.6% |
| Credit institutions430/8 | - | - | €37,445 | €44,016 | €50,000 | ▲ 13.6% |
| Trade debts44 | €2,719 | €1,897 | €2,544 | €11,175 | €737 | ▼ 93.4% |
| Suppliers440/4 | - | €1,897 | €2,544 | €11,175 | €737 | ▼ 93.4% |
| Taxes, remuneration and social security45 | - | €12,931 | €14,414 | €10,361 | €8,698 | ▼ 16.1% |
| Taxes450/3 | - | €12,931 | €14,414 | €10,361 | €8,698 | ▼ 16.1% |
| Other amounts payable47/48 | - | €6,178 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,661 | €20,471 | €1,564 | €8,207 | €188 | ▼ 97.7% |
| + Depreciation and write-downs630 | €4,243 | €5,019 | €7,695 | €8,413 | €9,219 | ▲ 9.6% |
| Operating cash flow (approximation) | €12,905 | €25,490 | €9,258 | €16,620 | €9,407 | ▼ 43.4% |
| Investment in fixed assets (approximation) | - | -€29,864 | -€21,928 | €0 | -€6,807 | - |
| Change in cash | - | €4,273 | -€7,423 | €0 | €41,557 | - |
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
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 1.85
Current ratio from 0.82 to 1.85; short-term debt falls from €70,823 to €68,116.
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €20,471 ▲136%
Operating result €33,119, net result €20,471, both a record.
2021
10-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €8,661
Net result €8,661 after 2 loss-making years.
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
31-03
Financial
Liquidity times 21current ratio 22.08
Current ratio from 1.03 to 22.08; short-term debt falls from €16,767 to €415.
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
29-06
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 4 acts read
About the unread acts
We know of 4 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
4 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, Torhout · 1 establishment unit since 2013
Ground area
526 m²
Building footprint
119 m²
Volume, LiDAR
568 m³
Parcel 31522D0632/00V000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zennestraat 6, 8820 Torhout
since 20132.219.883.602
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522D0632/00V000 | Flanders | 525 m² | 1 · 119 m² | 6.8 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 3,150 EUR awarded · 3,150 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,150 EUR | 3,150 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
984500414D98B9DE1016
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Of 4,674 companies in sector 66220 we hold annual accounts for 3,222. 1,137 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
Founded30-05-2013
Fiscal year end31-03
Activities, NACEBEL 2025
66220Insurance agents and brokers
85510Sports and recreation education
90391Promotion and organisation of arts and performing arts events
E-invoicing
Reachable via Peppol
Peppol ID
0208:0534840281
Registered
18-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.