DEC Construct
BankruptcyThe KBO register records for DEC Construct the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €113k and a net result of €15k.
Checked score
Score 2024
Axes · tick = 2023
Profitability68▲+24
Solvency73▲+6
Growth78=
Stability0
Credit verdict
No credit on open account
Liquidity ample (current ratio 1.61 against 1.54 in 2023), but 62% of the assets are financed with debt.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Equity grew over 2021-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
181920212324
2018 to 2024 · latest year €113k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
47 d late
2023
104 d late
2021
106 d late
2020
312 d late
2019
92 d late
2018
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€113k▲ 15.7%
2023 · €98k
2018: €26k
2019: €29k
2020: €42k
2021: €73k
2023: €98k
2018 → 2024
Total assets
€298k▲ 7.2%
2023 · €278k
2018: €29k
2019: €84k
2020: €89k
2021: €196k
2023: €278k
2018 → 2024
Net result
€15k▲ 76.5%
2023 · €9k
2018: €8k
2019: €3k
2020: €13k
2021: €32k
2023: €9k
2018 → 2024
Working capital
€113k▲ 15.7%
2023 · €98k
2018: €25k
2019: €29k
2020: €42k
2021: €72k
2023: €98k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120232024Trend
Equity€29k-€42k▲ 43.6%€73k▲ 76.3%€98k▲ 33.5%€113k▲ 15.7%
Operating result€5k-€14k▲ 175%€41k▲ 196%€12k▼ 70.7%€20k▲ 69.0%
Net result€3k-€13k▲ 282%€32k▲ 151%€9k▼ 72.6%€15k▲ 76.5%
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 69% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €298k
Equity
€113k▲ 15.7%
Debt
€185k▲ 2.6%
The debt ratio falls from 64.8% to 62.0%: equity grows faster than debt.
Key figures and ratios
Solvency
38.0%▲
2023 · 35.2%
Current ratio
1.61▲
2023 · 1.54
Quick ratio
1.61▲
2023 · 1.54
Debt / equity
1.63▼
2023 · 1.84
ROE
13.6%▲
2023 · 8.9%
ROA
5.1%▲
2023 · 3.1%
Debt
€185k▲
2023 · €180k
Debt ≤ 1 year
€185k▲
2023 · €180k
Income taxes
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€278k€298k▲
Current assets29/58€278k€298k▲
Amounts receivable after more than one year29€135k€135k=
Other amounts receivable291€135k€135k=
Amounts receivable within one year40/41€143k€163k▲
Trade receivables40€4k€40k▲
Other amounts receivable41€139k€122k▼
Equity and liabilities
Total equity and liabilities10/49€278k€298k▲
Equity10/15€98k€113k▲
Contributions10/11€1€1=
Reserves13€24k€24k=
Non-distributable reserves130/1€19k€19k=
Reserves not available under the articles1311€19k€19k=
Tax-exempt reserves132€5k€5k=
Profit (loss) carried forward14€74k€89k▲
Amounts payable17/49€180k€185k▲
Amounts payable within one year42/48€180k€185k▲
Current portion of amounts payable after more than one year42€822-
Financial debts43€17k€17k▲
Credit institutions430/8€17k€17k▲
Trade debts44€116k€139k▲
Suppliers440/4€116k€139k▲
Advances received on contracts in progress46€22k€22k=
Taxes, remuneration and social security45€25k€6k▼
Taxes450/3€25k€6k▼
Other amounts payable47/48-€42
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€474-
Other operating charges640/8€803-
Gross operating margin9900€13k€20k▲
Operating profit (loss)9901€12k€20k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€9k€18k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€9k€15k▲
Profit (loss) for the period to be appropriated9905€9k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€89k▲
Profit (loss) brought forward from the previous period14P€65k€74k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
31-12
Financial
Equity above €100kEq €113k ▲15.7%
6 profitable years in a row build equity to €113k.
12-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 104 days late
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 106 days late
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 312 days late
2021
31-12
Financial
Highest result since 2018net €32k ▲151%
Operating result €41k, net result €32k, both a record.
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Weakest financial yearnet €3k ▼60%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 84 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Ganshoren · 1 establishment unit since 2016
Ground area
140 m²
Building footprint
77 m²
Volume, LiDAR
651 m³
Parcel 21008A0114/00M008, Brussels · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
15062018
since 20162.277.250.984
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21008A0114/00M008 | Brussels | 140 m² | 1 · 77 m² | 11.2 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.
Similar companies · same sector, comparable size
WB TECHNIQUE
BE 0787.933.275
Dilbeek · Eq €113k
VOLTS & WATTS
BE 0782.798.710
Herenthout · Eq €113k
Kevin Kesler
BE 0650.586.027
Keerbergen · Eq €113k
HEPRO
BE 0770.251.957
Grimbergen · Eq €113k
BD BATI DECOR
BE 0876.945.623
Ukkel · Eq €113k
Of 15,441 companies in sector 43990 we hold annual accounts for 7,356. 6,161 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-01-2016
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.