DECLIC Solution
ActiveSummary
DECLIC Solution has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-21
Solvency51▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.02 in 2023; short-term debt: 74.2% and cash: 75.3% of total assets), and 74.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
25.8%
Return on assets
4.7%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €21k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
29 d late
2023
28 d late
2022
42 d early
2021
17 d early
2020
28 d late
2019
2051 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€21k▲ 22.4%
2023 · €17k
2018: €-136
2019: €-642
2020: €-3k
2021: €1k
2022: €15k
2023: €17k
2018 → 2024
Total assets
€81k▲ 5.5%
2023 · €77k
2018: €2k
2019: €260
2020: €14k
2021: €37k
2022: €58k
2023: €77k
2018 → 2024
Net result
€4k▼ 77.1%
2023 · €17k
2018: €-477
2019: €-505
2020: €-2k
2021: €4k
2022: €14k
2023: €17k
2018 → 2024
Working capital
€9k▲ 631%
2023 · €1k
2018: €-136
2019: €-642
2020: €-9k
2021: €-11k
2022: €-7k
2023: €1k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-3k-€1k€15k▲ 1,197%€17k▲ 11.4%€21k▲ 22.4%
Operating result€-2k-€4k€15k▲ 265%€22k▲ 46.5%€4k▼ 80.8%
Net result€-2k-€4k€14k▲ 232%€17k▲ 22.9%€4k▼ 77.1%
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 2024; 2024 is 81% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €81k
Fixed assets
€12k ▼ 23.4%
Current assets
€69k ▲ 13.1%
Equity and liabilities €81k
Equity
€21k ▲ 22.4%
Debt
€60k ▲ 0.7%
Debt's share of the balance-sheet total falls from 77.7% to 74.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11k▼
2023 · €29k
Cash flow
€11k▼
2023 · €23k
Current ratio
1.15▲
2023 · 1.02
Debt to equity
2.87▼
2023 · 3.49
ROE
18.3%▼
2023 · 98.0%
ROA
4.7%▼
2023 · 21.8%
Interest coverage
57.27▼
2023 · 254.29
Debt ≤ 1 year
€60k▲
2023 · €60k
Income taxes
€654▼
2023 · €6k
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 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€77k€81k▲
Fixed assets21/28€16k€12k▼
Tangible fixed assets22/27€16k€12k▼
Plant, machinery and equipment23€1k€893▼
Furniture and vehicles24€15k€11k▼
Current assets29/58€61k€69k▲
Amounts receivable within one year40/41€31k€8k▼
Trade receivables40€31k€8k▼
Cash at bank and in hand54/58€29k€61k▲
Equity and liabilities
Total equity and liabilities10/49€77k€81k▲
Equity10/15€17k€21k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-3k€463▲
Amounts payable17/49€60k€60k▲
Amounts payable within one year42/48€60k€60k▲
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45€13k€8k▼
Taxes450/3€9k€6k▼
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€44k€46k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€744€1k▲
Gross operating margin9900€29k€12k▼
Operating profit (loss)9901€22k€4k▼
Financial income75/76B€41€398▲
Recurring financial income75€41€398▲
Financial charges65/66B€113€192▲
Recurring financial charges65€113€192▲
Profit (loss) for the period before taxes9903€22k€4k▼
Income taxes67/77€6k€654▼
Profit (loss) for the period9904€17k€4k▼
Profit (loss) for the period to be appropriated9905€17k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€463▼
Profit (loss) brought forward from the previous period14P€-5k€-3k▲
Profit to be distributed694/7€15k-
Return on contributions (dividend)694€15k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
13-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 2051 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2018net €17k ▲22.9%
Operating result €22k, net result €17k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Mons · 1 establishment unit since 2003
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.
Rue du Petit Spiennes 97032 MonsGround area
1,039 m²
Building footprint
275 m²
Volume, LiDAR
1,719 m³
Parcel 53074B0418/00L000, Wallonia · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DECLIC Solution
since 20032.123.561.018
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53074B0418/00L000 | Wallonia | 1,039 m² | 1 · 275 m² | 10.6 m · 2 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.
Similar companies · same sector, comparable size
LUCIANO & FILS
BE 0675.413.275
Meise · Eq €20,930
TOITURES DK
BE 0764.372.272
Tinlot · Eq €20,908
GLM
BE 0683.682.328
Wielsbeke · Eq €20,905
GTh CONSTRUCT
BE 0894.134.023
Namur · Eq €20,895
Laureys Nicky
BE 1007.776.550
Lokeren · Eq €20,891
Of 8,561 companies in sector 43410 we hold annual accounts for 4,357. 3,047 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
Founded28-01-2003
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
43222Installation of electric heating, air conditioning, cooling and ventilation
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.