Architect Bart Decoster
ActiveSummary
Architect Bart Decoster has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €179,837 and a net result of -€1,680. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability68▼-12
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
short-term debt: 0.1% and cash: 69.8% of total assets, and 0.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
99.9%
Return on assets
-0.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
35 d early
2022
33 d early
2021
36 d early
2020
33 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€179,837▼ 0.9%
2023 · €181,516
Total assets
€180,034▼ 2.3%
2023 · €184,328
Net result
-€1,680
2023 · €17,195
Working capital
€145,304▲ 4.9%
2023 · €138,478
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€34,886▼ 7.6%€47,826▲ 37.1%€72,756▲ 52.1%€25,267▼ 65.3%-€1,591
Net result€24,531within the sector's middle half▲ 31.2%€33,293within the sector's middle half▲ 35.7%€49,550above the sector's middle half▲ 48.8%€17,195within the sector's middle half▼ 65.3%-€1,680below the sector's middle half
Equity€85,079within the sector's middle half▲ 37.8%€117,172within the sector's middle half▲ 37.7%€165,522above the sector's middle half▲ 41.3%€181,516above the sector's middle half▲ 9.7%€179,837above the sector's middle half▼ 0.9%
Total assets€87,828within the sector's middle half▲ 32.2%€123,058within the sector's middle half▲ 40.1%€171,281within the sector's middle half▲ 39.2%€184,328within the sector's middle half▲ 7.6%€180,034within the sector's middle half▼ 2.3%
Debt€2,750▼ 41.2%€5,886▲ 114%€5,759▼ 2.1%€2,812▼ 51.2%€198▼ 93.0%
Working capital€68,184within the sector's middle half▲ 43.9%€102,188within the sector's middle half▲ 49.9%€153,816above the sector's middle half▲ 50.5%€138,478above the sector's middle half▼ 10.0%€145,304above the sector's middle half▲ 4.9%
Solvency96.9%above the sector's middle half▲ 3.9pp95.2%above the sector's middle half▼ 1.7pp96.6%above the sector's middle half▲ 1.4pp98.5%above the sector's middle half▲ 1.8pp99.9%above the sector's middle half▲ 1.4pp
Current ratio25.80above the sector's middle half▲ 14.6618.36above the sector's middle half▼ 7.4327.71above the sector's middle half▲ 9.3450.25above the sector's middle half▲ 22.55
Return on assets (ROA)27.9%above the sector's middle half▼ 0.2pp27.1%above the sector's middle half▼ 0.9pp28.9%above the sector's middle half▲ 1.9pp9.3%within the sector's middle half▼ 19.6pp-0.9%below the sector's middle half▼ 10.3pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1,591 after €25,267 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €180,034
Fixed assets
€34,532 ▼ 19.8%
Current assets
€145,502 ▲ 3.0%
Equity and liabilities €180,034
Equity
€179,837 ▼ 0.9%
Debt
€198 ▼ 93.0%
Debt's share of the balance-sheet total falls from 1.5% to 0.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6,915▼
2023 · €33,329
Cash flow
€6,826▼
2023 · €25,256
Debt to equity
0.00▼
2023 · 0.02
ROE
-0.9%▼
2023 · 9.5%
Interest coverage
128.05▼
2023 · 606.09
Debt ≤ 1 year
€198▼
2023 · €2,812
Income taxes
€34▼
2023 · €8,018
A ratio outside any meaningful range has been withheld (balance sheet total €180,034, equity €179,837).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
7.3%
stopped otherwise
90%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,442 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,479 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,730 | €6,183 | €3,279 | €8,061 | €8,506 | ▲ 5.5% |
| Other operating charges640/8 | - | €250 | €222 | €444 | €361 | ▼ 18.9% |
| Gross operating margin9900 | €40,765 | €54,259 | €76,257 | €33,773 | €7,275 | ▼ 78.5% |
| Operating profit (loss)9901 | €34,886 | €47,826 | €72,756 | €25,267 | -€1,591 | ▼ 106% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - |
| Financial charges65/66B | - | €48 | €61 | €55 | €54 | ▼ 1.8% |
| Recurring financial charges65 | €55 | €48 | €61 | €55 | €54 | ▼ 1.8% |
| Profit (loss) for the period before taxes9903 | €34,831 | €47,778 | €72,696 | €25,213 | -€1,645 | ▼ 107% |
| Income taxes67/77 | €10,300 | €14,485 | €23,146 | €8,018 | €34 | ▼ 99.6% |
| Profit (loss) for the period9904 | €24,531 | €33,293 | €49,550 | €17,195 | -€1,680 | ▼ 110% |
| Profit (loss) for the period to be appropriated9905 | €24,531 | €33,293 | €49,550 | €17,195 | -€1,680 | ▼ 110% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87,828 | €123,058 | €171,281 | €184,328 | €180,034 | ▼ 2.3% |
| Fixed assets21/28 | €16,895 | €14,984 | €11,706 | €43,038 | €34,532 | ▼ 19.8% |
| Tangible fixed assets22/27 | €16,895 | €14,984 | €11,706 | €43,038 | €34,532 | ▼ 19.8% |
| Furniture and vehicles24 | - | €3,221 | €570 | €32,530 | €24,651 | ▼ 24.2% |
| Other tangible fixed assets26 | - | €11,763 | €11,136 | €10,508 | €9,881 | ▼ 6.0% |
| Current assets29/58 | €70,933 | €108,074 | €159,576 | €141,290 | €145,502 | ▲ 3.0% |
| Amounts receivable within one year40/41 | €5,567 | €11,960 | €14,534 | €13,510 | €15,408 | ▲ 14.0% |
| Trade receivables40 | - | €8,168 | €8,662 | €1,513 | €5,769 | ▲ 281% |
| Other amounts receivable41 | - | €3,793 | €5,872 | €11,997 | €9,638 | ▼ 19.7% |
| Cash at bank and in hand54/58 | €63,846 | €91,908 | €140,327 | €122,670 | €125,710 | ▲ 2.5% |
| Deferred charges and accrued income490/1 | - | €4,205 | €4,714 | €5,110 | €4,385 | ▼ 14.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87,828 | €123,058 | €171,281 | €184,328 | €180,034 | ▼ 2.3% |
| Equity10/15 | €85,079 | €117,172 | €165,522 | €181,516 | €179,837 | ▼ 0.9% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €44,251 | €76,345 | €124,694 | €140,689 | €140,689 | = |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | - | - | - |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | - | - | - |
| Tax-exempt reserves132 | - | €3,111 | €3,111 | €3,111 | €3,111 | = |
| Distributable reserves133 | - | €71,378 | €119,728 | €137,578 | €137,578 | = |
| Profit (loss) carried forward14 | €22,278 | €22,278 | €22,278 | €22,278 | €20,598 | ▼ 7.5% |
| Amounts payable17/49 | €2,750 | €5,886 | €5,759 | €2,812 | €198 | ▼ 93.0% |
| Amounts payable within one year42/48 | €2,750 | €5,886 | €5,759 | €2,812 | €198 | ▼ 93.0% |
| Trade debts44 | €825 | €2,300 | €4,060 | €1,612 | €49 | ▼ 97.0% |
| Suppliers440/4 | - | €2,300 | €4,060 | €1,612 | €49 | ▼ 97.0% |
| Taxes, remuneration and social security45 | - | €2,745 | €860 | €360 | €148 | ▼ 58.8% |
| Taxes450/3 | - | €2,745 | €860 | €360 | €148 | ▼ 58.8% |
| Other amounts payable47/48 | - | €840 | €840 | €840 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,531 | €33,293 | €49,550 | €17,195 | -€1,680 | ▼ 110% |
| + Depreciation and write-downs630 | €5,730 | €6,183 | €3,279 | €8,061 | €8,506 | ▲ 5.5% |
| Operating cash flow (approximation) | €30,261 | €39,476 | €52,828 | €25,256 | €6,826 | ▼ 73.0% |
| Investment in fixed assets (approximation) | - | -€4,272 | €0 | -€39,394 | €0 | ▲ 100% |
| Change in cash | - | €28,062 | €48,420 | -€17,657 | €3,039 | ▲ 117% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€1,680
Net result drops to -€1,680, the lowest in the series.
31-12
Financial
Liquidity times 15current ratio 736.50
Current ratio from 50.25 to 736.50; short-term debt falls from €2,812 to €198.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €49,550 ▲48.8%
Operating result €72,756, net result €49,550, both a record.
31-12
Financial
Equity above €150,000Eq €165,522 ▲41.3%
5 profitable years in a row build equity to €165,522.
25-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €117,172 ▲37.7%
4 profitable years in a row build equity to €117,172.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 25.80
Current ratio from 11.14 to 25.80; short-term debt falls from €4,674 to €2,750.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 11.14
Current ratio from 4.89 to 11.14; short-term debt falls from €6,932 to €4,674.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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-Niklaas · 1 establishment unit since 2017
Ground area
917 m²
Building footprint
141 m²
Volume, LiDAR
728 m³
Parcel 46017B0292/00D000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Architect Bart Decoster
since 20172.264.845.377
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46017B0292/00D000 | Flanders | 917 m² | 1 · 141 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 18,250 companies in sector 71111 we hold annual accounts for 6,321. 5,235 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0676643195
Also
9925:BE0676643195
Registered
15-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.