COMPASS DECO
ActiveSummary
The computed 12-month bankruptcy probability of COMPASS DECO is 1.9% (moderate). The 2024 annual accounts show equity of €66,102 and a net result of €3,190. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 5899 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability74▼-4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 14.52 against 5.84 in 2023; short-term debt: 6.5% and cash: 50.1% of total assets), and 6.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 16-06-2025, 45 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
20 d early
2022
30 d late
2021
78 d late
2020
61 d late
2019
61 d late
← 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 28 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€66,102▲ 5.1%
2023 · €62,912
Total assets
€70,677▼ 4.7%
2023 · €74,151
Net result
€3,190▼ 42.9%
2023 · €5,590
Working capital
€61,872▲ 13.6%
2023 · €54,453
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, 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€28,645▲ 64.8%-€5,510€16,848€7,927▼ 52.9%€10,174▲ 28.3%
Net result€28,500above the sector's middle half▲ 104%-€19,184below the sector's middle half€16,116within the sector's middle half€5,590within the sector's middle half▼ 65.3%€3,190within the sector's middle half▼ 42.9%
Equity€60,389within the sector's middle half▲ 89.4%€41,205within the sector's middle half▼ 31.8%€57,321within the sector's middle half▲ 39.1%€62,912within the sector's middle half▲ 9.8%€66,102within the sector's middle half▲ 5.1%
Total assets€71,100within the sector's middle half▲ 38.2%€63,490within the sector's middle half▼ 10.7%€59,097below the sector's middle half▼ 6.9%€74,151within the sector's middle half▲ 25.5%€70,677within the sector's middle half▼ 4.7%
Debt€10,710▼ 45.2%€22,285▲ 108%€1,775▼ 92.0%€11,240▲ 533%€4,576▼ 59.3%
Working capital€56,139within the sector's middle half▲ 120%€39,080within the sector's middle half▼ 30.4%€44,633within the sector's middle half▲ 14.2%€54,453within the sector's middle half▲ 22.0%€61,872within the sector's middle half▲ 13.6%
Solvency84.9%above the sector's middle half▲ 22.9pp64.9%above the sector's middle half▼ 20.0pp97.0%above the sector's middle half▲ 32.1pp84.8%above the sector's middle half▼ 12.2pp93.5%above the sector's middle half▲ 8.7pp
Current ratio6.24above the sector's middle half▲ 3.942.75above the sector's middle half▼ 3.4926.14above the sector's middle half▲ 23.395.84above the sector's middle half▼ 20.3014.52above the sector's middle half▲ 8.68
Return on assets (ROA)40.1%above the sector's middle half▲ 12.9pp-30.2%below the sector's middle half▼ 70.3pp27.3%above the sector's middle half▲ 57.5pp7.5%within the sector's middle half▼ 19.7pp4.5%within the sector's middle half▼ 3.0pp
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, 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 recovers in 2024; 2024 is 28% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €70,677
Fixed assets
€4,229 ▼ 50.0%
Current assets
€66,448 ▲ 1.2%
Equity and liabilities €70,677
Equity
€66,102 ▲ 5.1%
Debt
€4,576 ▼ 59.3%
Debt's share of the balance-sheet total falls from 15.2% to 6.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14,403▲
2023 · €12,156
Cash flow
€7,420▼
2023 · €9,820
Debt to equity
0.07▼
2023 · 0.18
ROE
4.8%▼
2023 · 8.9%
Interest coverage
12.78▼
2023 · 67.55
Debt ≤ 1 year
€4,576▼
2023 · €11,240
Income taxes
€5,856▲
2023 · €2,157
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% 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 10,905 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 | - | - | €1,475 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,125 | €2,125 | €4,230 | €4,230 | €4,230 | = |
| Other operating charges640/8 | - | €1,388 | €630 | €1,205 | €343 | ▼ 71.5% |
| Gross operating margin9900 | €33,122 | -€1,998 | €21,707 | €13,361 | €14,746 | ▲ 10.4% |
| Operating profit (loss)9901 | €28,645 | -€5,510 | €16,848 | €7,927 | €10,174 | ▲ 28.3% |
| Recurring financial income75 | €0 | - | - | - | - | - |
| Financial charges65/66B | - | €961 | €731 | €180 | €1,127 | ▲ 526% |
| Recurring financial charges65 | €145 | €961 | €731 | €180 | €1,127 | ▲ 526% |
| Profit (loss) for the period before taxes9903 | €28,500 | -€6,471 | €16,116 | €7,747 | €9,046 | ▲ 16.8% |
| Income taxes67/77 | - | €12,713 | - | €2,157 | €5,856 | ▲ 172% |
| Profit (loss) for the period9904 | €28,500 | -€19,184 | €16,116 | €5,590 | €3,190 | ▼ 42.9% |
| Profit (loss) for the period to be appropriated9905 | €28,500 | -€19,184 | €16,116 | €5,590 | €3,190 | ▼ 42.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €71,100 | €63,490 | €59,097 | €74,151 | €70,677 | ▼ 4.7% |
| Fixed assets21/28 | €4,250 | €2,125 | €12,688 | €8,459 | €4,229 | ▼ 50.0% |
| Tangible fixed assets22/27 | €4,250 | €2,125 | €12,688 | €8,459 | €4,229 | ▼ 50.0% |
| Furniture and vehicles24 | - | €2,125 | €12,688 | €8,459 | €4,229 | ▼ 50.0% |
| Current assets29/58 | €66,850 | €61,365 | €46,408 | €65,692 | €66,448 | ▲ 1.2% |
| Amounts receivable within one year40/41 | €17,334 | €18,368 | €17,810 | €27,896 | €31,032 | ▲ 11.2% |
| Trade receivables40 | - | €16,386 | €17,810 | €17,612 | €3,385 | ▼ 80.8% |
| Other amounts receivable41 | - | €1,982 | - | €10,284 | €27,647 | ▲ 169% |
| Cash at bank and in hand54/58 | €49,516 | €42,997 | €28,598 | €37,797 | €35,416 | ▼ 6.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €71,100 | €63,490 | €59,097 | €74,151 | €70,677 | ▼ 4.7% |
| Equity10/15 | €60,389 | €41,205 | €57,321 | €62,912 | €66,102 | ▲ 5.1% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €52,329 | €33,145 | €49,261 | €54,852 | €58,042 | ▲ 5.8% |
| Amounts payable17/49 | €10,710 | €22,285 | €1,775 | €11,240 | €4,576 | ▼ 59.3% |
| Amounts payable within one year42/48 | €10,710 | €22,285 | €1,775 | €11,240 | €4,576 | ▼ 59.3% |
| Trade debts44 | €99 | €9,871 | €638 | €3,956 | €239 | ▼ 94.0% |
| Suppliers440/4 | - | €9,871 | €638 | €3,956 | €239 | ▼ 94.0% |
| Advances received on contracts in progress46 | - | €4,670 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €7,744 | €1,137 | €7,283 | €4,337 | ▼ 40.5% |
| Taxes450/3 | - | €7,744 | €1,137 | €7,283 | €4,337 | ▼ 40.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,500 | -€19,184 | €16,116 | €5,590 | €3,190 | ▼ 42.9% |
| + Depreciation and write-downs630 | €2,125 | €2,125 | €4,230 | €4,230 | €4,230 | = |
| Operating cash flow (approximation) | €30,625 | -€17,059 | €20,346 | €9,820 | €7,420 | ▼ 24.4% |
| Investment in fixed assets (approximation) | - | €0 | -€14,793 | €0 | €0 | - |
| Change in cash | - | -€6,519 | -€14,400 | €9,199 | -€2,381 | ▼ 126% |
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
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 14.52
Current ratio from 5.84 to 14.52; short-term debt falls from €11,240 to €4,576.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €16,116
Net result €16,116 after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 26.14
Current ratio from 2.75 to 26.14; short-term debt falls from €22,285 to €1,775.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Weakest financial yearnet -€19,184
Net result drops to -€19,184, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Highest result since 2018net €28,500 ▲104%
Operating result €28,645, net result €28,500, both a record.
31-12
Financial
Liquidity triplescurrent ratio 6.24
Current ratio from 2.30 to 6.24; short-term debt falls from €19,555 to €10,710.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
Show earlier events
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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, Ukkel · 1 establishment unit since 2017
Ground area
1,715 m²
Building footprint
1,089 m²
Volume, LiDAR
6,528 m³
2 parcels, Brussels · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
313
companies at this address
See who is registered here
1 establishment unit
COMPASS DECO
since 20172.267.199.014
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0126/00A002 | Brussels | 1,616 m² | 1 · 1,089 m² | 12.7 m · 2 fl. |
| 21526D0287/00D006 | Brussels | 99 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,706 companies in sector 81230 we hold annual accounts for 473. 363 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
Founded21-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
81230Other cleaning activities
47551Retail sale of household furniture
95240Repair and maintenance of furniture and upholstery
E-invoicing
Reachable via Peppol
Peppol ID
0208:0646867957
Also
9925:BE0646867957
Registered
02-04-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.