Skip to content

Guy Dedecker

Active
Private limited companyfounded 200619 years activeFernand Hanusdreef 16, 9160 Lokeren, BelgiumKBO/BCE: BE 0885.657.213
Summary

Guy Dedecker has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,273 and a net result of €31,604. Equity is growing by about 23% per year across the filed fiscal years. Its solvency ranks better than 40% of 11,633 sector peers (NACE 71, fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Financials · fiscal year 2025, micro schema

Equity
€101,273▲ 29.7%
2024 · €78,098
Total assets
€231,417▲ 38.9%
2024 · €166,625
Net result
€31,604▼ 10.3%
2024 · €35,227
Working capital
€47,317▼ 6.3%
2024 · €50,504
Trend over the years

2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years

The operating result falls in 2025; 2025 is 11% below 2024.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€47,527 2025 Net result€31,604 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same schema, 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).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€5,556-€3,771▼ 32.1%€14,051▲ 273%€5,122▼ 63.5%€10,569▲ 106%€48,835▲ 362%€53,144▲ 8.8%€47,527▼ 10.6%
Net result€2,612-€1,987▼ 23.9%€8,447within the sector's middle half▲ 325%€2,027within the sector's middle half▼ 76.0%€5,137within the sector's middle half▲ 153%€34,441within the sector's middle half▲ 570%€35,227within the sector's middle half▲ 2.3%€31,604within the sector's middle half▼ 10.3%
Equity€22,993-€22,993=€26,286within the sector's middle half▲ 14.3%€28,313within the sector's middle half▲ 7.7%€27,030within the sector's middle half▼ 4.5%€42,871within the sector's middle half▲ 58.6%€78,098within the sector's middle half▲ 82.2%€101,273within the sector's middle half▲ 29.7%
Total assets€38,692-€53,697▲ 38.8%€60,434below the sector's middle half▲ 12.5%€52,916below the sector's middle half▼ 12.4%€58,945below the sector's middle half▲ 11.4%€134,709within the sector's middle half▲ 129%€166,625within the sector's middle half▲ 23.7%€231,417within the sector's middle half▲ 38.9%
Debt€15,698-€30,704▲ 95.6%€34,148▲ 11.2%€24,603▼ 28.0%€31,916▲ 29.7%€91,838▲ 188%€88,527▼ 3.6%€130,144▲ 47.0%
Working capital€15,826-€2,440▼ 84.6%€9,303within the sector's middle half▲ 281%€10,664within the sector's middle half▲ 14.6%€12,139within the sector's middle half▲ 13.8%€19,561within the sector's middle half▲ 61.1%€50,504within the sector's middle half▲ 158%€47,317within the sector's middle half▼ 6.3%
Solvency59.4%-42.8%▼ 16.6pp43.5%within the sector's middle half▲ 0.7pp53.5%within the sector's middle half▲ 10.0pp45.9%within the sector's middle half▼ 7.7pp31.8%within the sector's middle half▼ 14.0pp46.9%within the sector's middle half▲ 15.0pp43.8%within the sector's middle half▼ 3.1pp
Current ratio2.01-1.17▼ 0.841.40within the sector's middle half▲ 0.241.57within the sector's middle half▲ 0.171.39within the sector's middle half▼ 0.181.30within the sector's middle half▼ 0.091.72within the sector's middle half▲ 0.421.52within the sector's middle half▼ 0.20
Return on assets (ROA)6.8%-3.7%▼ 3.1pp14.0%within the sector's middle half▲ 10.3pp3.8%within the sector's middle half▼ 10.1pp8.7%within the sector's middle half▲ 4.9pp25.6%above the sector's middle half▲ 16.9pp21.1%within the sector's middle half▼ 4.4pp13.7%within the sector's middle half▼ 7.5pp
above within below the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same schema, and only where there are at least 30.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €231,417
Fixed assets €93,490 ▲ 103%
Current assets €137,926 ▲ 14.4%
Equity and liabilities €231,417
Equity €101,273 ▲ 29.7%
Debt €130,144 ▲ 47.0%
Debt's share of the balance-sheet total rises from 53.1% to 56.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€67,602▲
2024 · €65,362
Cash flow
€51,680▲
2024 · €47,444
Debt to equity
1.29▲
2024 · 1.13
ROE
31.2%▼
2024 · 45.1%
Interest coverage
37.61▼
2024 · 41.32
Debt ≤ 1 year
€90,609▲
2024 · €70,068
Debt > 1 year
€39,535▲
2024 · €18,459
Income taxes
€14,125▼
2024 · €16,337
Staff costs
€0▼
2024 · €1,575
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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% 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 34,695 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€166,625€231,417▲
Fixed assets21/28€46,053€93,490▲
Tangible fixed assets22/27€46,053€93,490▲
Land and buildings22€319€213▼
Plant, machinery and equipment23-€464
Furniture and vehicles24€45,734€92,814▲
Current assets29/58€120,572€137,926▲
Amounts receivable within one year40/41€14,944€15,139▲
Trade receivables40€14,944€15,139▲
Cash at bank and in hand54/58€104,620€120,707▲
Deferred charges and accrued income490/1€1,009€2,080▲
Equity and liabilities
Total equity and liabilities10/49€166,625€231,417▲
Equity10/15€78,098€101,273▲
Reserves13€78,098€101,273▲
Distributable reserves133€78,098€101,273▲
Profit (loss) carried forward14-€0
Amounts payable17/49€88,527€130,144▲
Amounts payable after more than one year17€18,459€39,535▲
Financial debts170/4€18,459€39,535▲
Amounts payable within one year42/48€70,068€90,609▲
Current portion of amounts payable after more than one year42€7,926€15,855▲
Trade debts44€2,099€2,141▲
Suppliers440/4€2,099€2,141▲
Taxes, remuneration and social security45€36,849€37,767▲
Taxes450/3€36,849€37,767▲
Other amounts payable47/48€23,194€34,846▲
Income statement Code20242025
Remuneration, social security and pensions62€1,575€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,217€20,075▲
Other operating charges640/8€2,316€1,176▼
Gross operating margin9900€69,253€68,778▼
Operating profit (loss)9901€53,144€47,527▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€1,582€1,798▲
Recurring financial charges65€1,582€1,798▲
Profit (loss) for the period before taxes9903€51,563€45,730▼
Income taxes67/77€16,337€14,125▼
Profit (loss) for the period9904€35,227€31,604▼
Profit (loss) for the period to be appropriated9905€35,227€31,604▼
Appropriation of the result
Profit (loss) to be appropriated9906€35,227€31,604▼
Transfer from equity791/2-€8,430
Transfer to equity691/2€35,227€31,604▼
To other reserves6921€35,227€31,604▼
Profit to be distributed694/7-€8,430
Return on contributions (dividend)694-€8,430

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-----€19,774---
Remuneration, social security and pensions62---€1,520€1,575€1,945€1,575€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,123€9,266€9,345€4,708€9,511€9,808€12,217€20,075▲ 64.3%
Other operating charges640/8---€1,890€2,050€1,069€2,316€1,176▼ 49.2%
Gross operating margin9900€15,803€27,963€26,279€13,240€23,705€61,658€69,253€68,778▼ 0.7%
Operating profit (loss)9901€5,556€3,771€14,051€5,122€10,569€48,835€53,144€47,527▼ 10.6%
Financial income75/76B------€1€0▼ 100%
Recurring financial income75------€1€0▼ 100%
Financial charges65/66B---€360€298€1,660€1,582€1,798▲ 13.6%
Recurring financial charges65€170€532€429€360€298€1,660€1,582€1,798▲ 13.6%
Profit (loss) for the period before taxes9903€5,386€3,239€13,622€4,762€10,271€47,175€51,563€45,730▼ 11.3%
Income taxes67/77€2,774€1,252€5,176€2,735€5,134€12,734€16,337€14,125▼ 13.5%
Profit (loss) for the period9904€2,612€1,987€8,447€2,027€5,137€34,441€35,227€31,604▼ 10.3%
Profit (loss) for the period to be appropriated9905€2,612€1,987€8,447€2,027€5,137€34,441€35,227€31,604▼ 10.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€38,692€53,697€60,434€52,916€58,945€134,709€166,625€231,417▲ 38.9%
Fixed assets21/28€7,168€36,585€28,027€23,636€15,752€49,696€46,053€93,490▲ 103%
Tangible fixed assets22/27€7,168€36,585€28,027€23,636€15,752€49,696€46,053€93,490▲ 103%
Land and buildings22---€638€531€425€319€213▼ 33.3%
Plant, machinery and equipment23-------€464-
Furniture and vehicles24---€22,999€15,220€49,270€45,734€92,814▲ 103%
Current assets29/58€31,524€17,112€32,407€29,279€43,194€85,014€120,572€137,926▲ 14.4%
Stocks and contracts in progress3-€1,932-------
Amounts receivable within one year40/41€3,570€4,775€8,143€10,896€8,544€16,676€14,944€15,139▲ 1.3%
Trade receivables40---€10,896€8,537€16,672€14,944€15,139▲ 1.3%
Other amounts receivable41----€8€4---
Cash at bank and in hand54/58€23,580€10,065€23,561€17,776€34,561€68,337€104,620€120,707▲ 15.4%
Deferred charges and accrued income490/1---€607€89-€1,009€2,080▲ 106%
Equity and liabilities
Total equity and liabilities10/49€38,692€53,697€60,434€52,916€58,945€134,709€166,625€231,417▲ 38.9%
Equity10/15€22,993€22,993€26,286€28,313€27,030€42,871€78,098€101,273▲ 29.7%
Contributions10/11€18,600€18,600-€18,600€18,600----
Reserves13€4,393€4,393€7,686€7,686€8,430€42,871€78,098€101,273▲ 29.7%
Distributable reserves133---€7,686€8,430€42,871€78,098€101,273▲ 29.7%
Profit (loss) carried forward14---€2,027---€0-
Amounts payable17/49€15,698€30,704€34,148€24,603€31,916€91,838€88,527€130,144▲ 47.0%
Amounts payable after more than one year17-€16,031€11,043€5,987€861€26,385€18,459€39,535▲ 114%
Financial debts170/4---€5,987€861€26,385€18,459€39,535▲ 114%
Amounts payable within one year42/48€15,698€14,673€23,104€18,616€31,055€65,453€70,068€90,609▲ 29.3%
Current portion of amounts payable after more than one year42---€5,056€5,126€8,431€7,926€15,855▲ 100%
Trade debts44€5,276€2,368€1,668€3,356€2,060€4,502€2,099€2,141▲ 2.0%
Suppliers440/4---€3,356€2,060€4,502€2,099€2,141▲ 2.0%
Taxes, remuneration and social security45---€10,066€13,939€28,830€36,849€37,767▲ 2.5%
Taxes450/3---€10,066€13,939€28,830€36,849€37,767▲ 2.5%
Other amounts payable47/48---€137€9,930€23,690€23,194€34,846▲ 50.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€2,612€1,987€8,447€2,027€5,137€34,441€35,227€31,604▼ 10.3%
+ Depreciation and write-downs630€6,123€9,266€9,345€4,708€9,511€9,808€12,217€20,075▲ 64.3%
Operating cash flow (approximation)€8,735€11,253€17,791€6,735€14,647€44,249€47,444€51,680▲ 8.9%
Investment in fixed assets (approximation)--€38,683-€787-€317-€1,626-€43,752-€8,575-€67,512▼ 687%
Change in cash--€13,515€13,496-€5,785€16,785€33,776€36,282€16,088▼ 55.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Similar companies · same sector, comparable size

Of 3,912 companies in this sector we hold annual accounts for 1,314. 1,076 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector