DECAVI
ActiveSummary
DECAVI has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.74M and a net result of €281k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 749 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 4.63 against 21.22 in 2023; short-term debt: 15.7% and cash: 30.4% of total assets), and 18.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 2024Solvency, return and age of the figures
Solvency
81.1%
Return on assets
8.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
61 d late
2022
53 d late
2021
31 d late
2020
90 d late
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€2.74M▲ 11.4%
2023 · €2.46M
2018: €1.96M
2019: €2.21M
2020: €1.69M
2021: €1.99M
2022: €2.20M
2023: €2.46M
2018 → 2024
Total assets
€3.38M▲ 27.2%
2023 · €2.66M
2018: €2.14M
2019: €2.39M
2020: €1.90M
2021: €2.42M
2022: €2.56M
2023: €2.66M
2018 → 2024
Net result
€281k▲ 7.3%
2023 · €261k
2018: €212k
2019: €256k
2020: €218k
2021: €308k
2022: €211k
2023: €261k
2018 → 2024
Working capital
€1.93M▲ 17.4%
2023 · €1.64M
2018: €1.91M
2019: €2.15M
2020: €1.64M
2021: €2.02M
2022: €1.35M
2023: €1.64M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.69M-€1.99M▲ 17.5%€2.20M▲ 10.6%€2.46M▲ 11.9%€2.74M▲ 11.4%
Operating result€331k-€422k▲ 27.7%€308k▼ 27.1%€400k▲ 29.9%€409k▲ 2.4%
Net result€218k-€308k▲ 41.5%€211k▼ 31.7%€261k▲ 24.1%€281k▲ 7.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 2% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.38M
Fixed assets
€923k ▼ 1.2%
Current assets
€2.46M ▲ 42.6%
Equity and liabilities €3.38M
Equity
€2.74M ▲ 11.4%
Debt
€638k ▲ 227%
Debt's share of the balance-sheet total rises from 7.3% to 18.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€450k▲
2023 · €433k
Cash flow
€321k▲
2023 · €295k
Current ratio
4.63▼
2023 · 21.22
Debt to equity
0.23▲
2023 · 0.08
ROE
10.2%▼
2023 · 10.6%
ROA
8.3%▼
2023 · 9.8%
Interest coverage
109.55▲
2023 · 106.81
Debt ≤ 1 year
€530k▲
2023 · €81k
Income taxes
€134k▼
2023 · €137k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.66M€3.38M▲
Fixed assets21/28€934k€923k▼
Tangible fixed assets22/27€934k€923k▼
Land and buildings22€813k€795k▼
Plant, machinery and equipment23€1k€882▼
Furniture and vehicles24€13k€33k▲
Other tangible fixed assets26€106k€94k▼
Current assets29/58€1.72M€2.46M▲
Amounts receivable within one year40/41€99k€520k▲
Trade receivables40€55k€517k▲
Other amounts receivable41€44k€3k▼
Current investments50/53€338k€907k▲
Cash at bank and in hand54/58€1.28M€1.03M▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€2.66M€3.38M▲
Equity10/15€2.46M€2.74M▲
Contributions10/11€12k€12k=
Reserves13€1.46M€1.74M▲
Tax-exempt reserves132€210k€211k=
Distributable reserves133€1.25M€1.53M▲
Profit (loss) carried forward14€990k€990k=
Amounts payable17/49€195k€638k▲
Amounts payable within one year42/48€81k€530k▲
Financial debts43-€730
Credit institutions430/8-€730
Trade debts44€18k€457k▲
Suppliers440/4€18k€457k▲
Taxes, remuneration and social security45€63k€62k▼
Taxes450/3€63k€62k▼
Other amounts payable47/48-€10k
Accrued charges and deferred income492/3€114k€108k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€41k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€439k€455k▲
Operating profit (loss)9901€400k€409k▲
Financial income75/76B€3k€10k▲
Recurring financial income75€3k€10k▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€399k€415k▲
Income taxes67/77€137k€134k▼
Profit (loss) for the period9904€261k€281k▲
Transfer from tax-exempt reserves789€89k-
Profit (loss) for the period to be appropriated9905€350k€281k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.34M€1.27M▼
Profit (loss) brought forward from the previous period14P€990k€990k=
Transfer to equity691/2€350k€281k▼
To other reserves6921€350k€281k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 57 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 21.22
Current ratio from 6.47 to 21.22; short-term debt falls from €246k to €81k.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 53 days late
2022
31-12
Financial
Weakest financial yearnet €211k ▼31.7%
Net result drops to €211k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €2MEq €2.20M ▲10.6%
5 profitable years in a row build equity to €2.20M.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €308k ▲41.5%
Operating result €422k, net result €308k, both a record.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €2MEq €2.21M ▲13.1%
2 profitable years in a row build equity to €2.21M.
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 43 days late
Show earlier events
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Pieters-Woluwe · 1 establishment unit since 1991
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.
Duizend Meterlaan 841150 Sint-Pieters-WoluweGround area
646 m²
Building footprint
164 m²
Volume, LiDAR
1,204 m³
Parcel 21683D0359/00H007, Brussels · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DECAVI
since 19912.054.391.407
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0359/00H007 | Brussels | 646 m² | 1 · 164 m² | 10.3 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500ERJUHTA26BIC37
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Of 7,006 companies in sector 96999 we hold annual accounts for 602. 147 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-1991
Fiscal year end31-12
Activities, NACEBEL 2025
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.