ACTIVE

decode-it

Financial year 2025 · closed on 31/12/2025
Net result
54,4 k €
+6.4% YoY
Gross margin
74,2 k €
+8.5% YoY
Equity
20 k €
-21.8% YoY

What does decode-it do?

decode-it is a Private limited company incorporated in 2014. Its main activity is: Computer programming, consultancy and related activities. Its registered office is in Zoersel.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0552.898.911
Incorporation
21/05/2014
Legal form
Private limited company
Registered office
De Roerdomp 15
2980 Zoersel · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin74,2 k €68,4 k €84,5 k €63,2 k €69,6 k €83,2 k €77,5 k €46,3 k €60,1 k €51,9 k €57,7 k €
EBITDA72,1 k €67,9 k €83,5 k €60,8 k €68,3 k €82,6 k €76,7 k €44,3 k €59,1 k €51,1 k €56,4 k €
Operating result69,2 k €64,8 k €70,6 k €29,3 k €55,3 k €70,2 k €62,2 k €41,8 k €56,6 k €48,3 k €52,7 k €
Net result54,4 k €51,1 k €55,2 k €19,7 k €43,9 k €55 k €49,5 k €32,7 k €39,3 k €33,5 k €35,7 k €
Balance sheet
Equity20 k €25,6 k €25,6 k €25,6 k €25,5 k €25,4 k €25,3 k €22,8 k €114,7 k €75,5 k €41,9 k €
Total assets34,2 k €96,4 k €111,7 k €76,4 k €86,7 k €114,5 k €129,6 k €172,8 k €149,2 k €109,1 k €71,8 k €
Cash16,5 k €71,3 k €86,7 k €37,7 k €32,4 k €51,8 k €55,4 k €131,1 k €105,5 k €84,3 k €49,6 k €
Debts12,3 k €68,9 k €83,5 k €47,7 k €59,2 k €86,7 k €101,9 k €147,7 k €32,1 k €31,3 k €27,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

GEERT FANNES

Director · since 23 mai 2014

Active

Ended mandates

GEERT FANNES

Manager · since 23 mai 2014

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/04/202627/02/202522/04/202415/05/202331/05/202231/05/2021
General meeting03/04/202624/02/202519/04/202410/05/202304/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202503/04/202609/04/2026DutchPDF
Micro model31/12/202424/02/202527/02/2025DutchPDF
Micro model31/12/202319/04/202422/04/2024DutchPDF
Micro model31/12/202210/05/202315/05/2023DutchPDF
Micro model31/12/202104/05/202231/05/2022DutchPDF
Micro model31/12/202028/05/202131/05/2021DutchPDF
Micro model31/12/201920/03/202017/04/2020DutchPDF
Micro model31/12/201806/06/201924/06/2019DutchPDF
Micro model31/12/201730/06/201828/07/2018DutchPDF
Micro model31/12/201628/06/201730/06/2017DutchPDF
Abridged model31/12/201524/06/201630/06/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

GEERT FANNES

Director · since 23 mai 2014

Active

Ended mandates

GEERT FANNES

Manager · since 23 mai 2014

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202554,4 k €
  2. 2024
    Annual accounts 202451,1 k €
  3. 2023
    Annual accounts 202355,2 k €
  4. 2022
    Annual accounts 202219,7 k €
  5. 2021
    Annual accounts 202143,9 k €
  6. 2020
    Annual accounts 202055 k €
  7. 2019
    Annual accounts 201949,5 k €
  8. 2018
    Annual accounts 201832,7 k €
  9. 2017
    Annual accounts 201739,3 k €
  10. 2016
    Annual accounts 201633,5 k €
  11. 2015
    Annual accounts 201535,7 k €
  12. 21/05/2014
    IncorporationPrivate limited company