DECHAR
ActiveDECHAR has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95k and a net result of €15k. Equity is growing by ~4.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+4
Solvency86▼-14
Growth56▼-12
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 6.41 in 2024), and 36.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
63.5%
Return on assets
10.2%
Age of the figures
8 mo
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
59 d early
2023
58 d early
2022
63 d early
2021
60 d early
2020
60 d early
2019
46 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€45k▲ 17.0%
2024 · €38k
2018: €30k
2019: €29k
2020: €34k
2021: €40k
2022: €40k
2023: €30k
2024: €38k
2018 → 2025
EBIT margin
50.0%▼ 18.1pp
2024 · 68.1%
2018: 55.8%
2019: 46.1%
2020: 71.6%
2021: 59.0%
2022: 59.6%
2023: 58.7%
2024: 68.1%
2018 → 2025
Net result
€15k▼ 14.4%
2024 · €18k
2018: €10k
2019: €8k
2020: €16k
2021: €16k
2022: €17k
2023: €12k
2024: €18k
2018 → 2025
Working capital
€21k▼ 63.1%
2024 · €58k
2018: €25k
2019: €26k
2020: €16k
2021: €34k
2022: €45k
2023: €48k
2024: €58k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€40k-€40k▲ 1.4%€30k▼ 24.4%€38k▲ 26.1%€45k▲ 17.0%
Equity€113k-€122k▲ 8.5%€124k▲ 1.3%€133k▲ 7.9%€95k▼ 28.8%
Operating result€23k-€24k▲ 2.3%€18k▼ 25.5%€26k▲ 46.2%€22k▼ 14.2%
Net result€16k-€17k▲ 5.1%€12k▼ 27.5%€18k▲ 47.7%€15k▼ 14.4%
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 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150k
Fixed assets
€74k▼ 2.3%
Current assets
€75k▲ 9.0%
Equity and liabilities €150k
Equity
€95k▼ 28.8%
Debt
€55k▲ 366%
The debt ratio rises from 8.1% to 36.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€24k▼
2024 · €28k
Cash flow
€17k▼
2024 · €19k
Solvency
63.5%▼
2024 · 91.9%
Current ratio
1.40▼
2024 · 6.41
Quick ratio
1.40▼
2024 · 6.41
Debt / equity
0.58▲
2024 · 0.09
ROE
16.0%▲
2024 · 13.3%
ROA
10.2%▼
2024 · 12.2%
Interest coverage
88.25▼
2024 · 89.54
Debt
€55k▲
2024 · €12k
Debt ≤ 1 year
€54k▲
2024 · €11k
Debt > 1 year
€960=
2024 · €960
Income taxes
€7k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€145k€150k▲
Fixed assets21/28€76k€74k▼
Tangible fixed assets22/27€76k€74k▼
Land and buildings22€70k€70k=
Plant, machinery and equipment23€7k€5k▼
Current assets29/58€69k€75k▲
Amounts receivable within one year40/41€12k€6k▼
Trade receivables40€12k€5k▼
Other amounts receivable41€0€452▲
Cash at bank and in hand54/58€57k€59k▲
Deferred charges and accrued income490/1€45€10k▲
Equity and liabilities
Total equity and liabilities10/49€145k€150k▲
Equity10/15€133k€95k▼
Contributions10/11€50k€50k=
Reserves13€83k€45k▼
Non-distributable reserves130/1€5k€0▼
Reserves not available under the articles1311€5k€0▼
Distributable reserves133€78k€45k▼
Amounts payable17/49€12k€55k▲
Amounts payable after more than one year17€960€960=
Other amounts payable178/9€960€960=
Amounts payable within one year42/48€11k€54k▲
Trade debts44€0-
Suppliers440/4€0-
Taxes, remuneration and social security45€3k€0▼
Taxes450/3€3k€0▼
Other amounts payable47/48€8k€54k▲
Income statement
Code20242025
Turnover70€38k€45k▲
Goods, raw materials, services and sundry goods60/61€6k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€8k
Other operating charges640/8€4k€4k▲
Non-recurring operating charges66A€474-
Gross operating margin9900€33k€36k▲
Operating profit (loss)9901€26k€22k▼
Financial income75/76B€243€143▼
Recurring financial income75€243€143▼
Financial charges65/66B€311€274▼
Recurring financial charges65€311€274▼
Profit (loss) for the period before taxes9903€26k€22k▼
Income taxes67/77€8k€7k▼
Profit (loss) for the period9904€18k€15k▼
Profit (loss) for the period to be appropriated9905€18k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€15k▼
Transfer from equity791/2€8k€54k▲
Transfer to equity691/2€18k€15k▼
To other reserves6921€18k€15k▼
Profit to be distributed694/7€8k€54k▲
Return on contributions (dividend)694€8k€54k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €18k ▲47.7%
Operating result €26k, net result €18k, both a record.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 6current ratio 9.60
Current ratio from 1.61 to 9.60; short-term debt falls from €27k to €4k.
31-12
Financial
Equity above €100kEq €113k ▲16.3%
4 profitable years in a row build equity to €113k.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €8k ▼23.1%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 27.51
Current ratio from 12.28 to 27.51; short-term debt falls from €2k to €965.
31-12
Financial
Equity above €100kEq €105k ▲8.3%
2 profitable years in a row build equity to €105k.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Watermaal-Bosvoorde · 1 establishment unit since 1986
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pleisterplaatsstraat 461170 Watermaal-BosvoordeGround area
217 m²
Building footprint
88 m²
Volume, LiDAR
847 m³
Parcel 21017D0003/00W014, Brussels · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TESS
since 19862.017.945.240
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0003/00W014 | Brussels | 217 m² | 1 · 88 m² | 12.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
4 connected companiesNetwork connections
Shared address
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Shared address
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Shared address
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Shared address
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Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-1980
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.