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DECAFLO

Active Private limited companyfounded 2019active for 6 yearsMeiweg 54, 8790 WaregemKBO/BCE: BE 0739.781.386

Lifetime

6 annual accounts with figures on one time axis
peak €153,456 (2020)
€48,482▼ 15.8%
peak €89,125 (2022)
€11,715▼ 50.3%
peak €252,690 (2022)
€16,715▲ 234%
€161,618▼ 13.9%
Board1 name since 2019
1 director
Documentsfilings and deeds
27-03-2026126 days before the deadline
2025micro format
Gross margin from €57,575 to €48,482Result from €23,582 to €11,715Equity from €5,000 to €16,715

Key points

from the 2025 annual accounts

Equity

€16,715 from €252,690 in 2022

Equity fell by 93% in 3 years.

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Debts

€161,618 91% of the balance sheet
Suppliers 2%Taxes and wages 3%Other 95%

Of this, €8,433 falls due within a year.

Liquidity

10.79 was 1.08 in 2024

Short-term debts fell from €75,536 to €8,433.

Filings

6 annual accounts 1 late
AprilJune31 JulyOctober202020222024

The 2021 accounts came 26 days late. The other five were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,154 companies had the same profile as DECAFLO has now. Each dot stands for 6 companies, two years later.

95.9%
were still trading
2.3%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,154 companies, not a prediction for DECAFLO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 17-12-2019
  • 100 sharesdeed of 20-12-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0739781386
Registered office moved within Waregem New registered office: Meiweg 54, 8790 Waregem · Previous registered office: Putmanstraat 25, 8790 Waregem · Gazette deed
Incorporation Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 20-12-2019 · Gazette deed
First establishment Meiweg 54, Waregem
All 16 events

Comparable companies

same main activity, similar in size and age
Company
DECAFLO Waregem €178,333 €48,482 9.4% -
De Soete Real Estate Torhout €192,447 €44,287 42.8% -
IMMO S&D Bruges €172,847 €49,339 19.1% -
KaRo Invest Zwevegem €176,366 €57,506 83.6% -
Noble Auctions Pajottegem €157,730 €48,726 -80.5% -
ROOD AANNEMINGEN Hoogstraten €174,456 €52,512 24.5% -
DVD Management & Consulting Liedekerke €176,116 €55,103 47.0% -

These companies have the same main activity as DECAFLO: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €158,000 and €192,000, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 18-12-2019Normal situation
Activity
Real estate agency activitiesNACE 68310
Establishment unit
2.296.774.5128790 Waregem, since 18-12-2019
Financial year end
31 December
Peppol
Reachable since 17-06-2025
Company details

Annual accounts 2025

€178,333▼ 7.5%
Filing
Filed on 27-03-2026, 126 days before the end of the filing period
Financials

Insights on DECAFLO

DECAFLO files the micro format. That format states no turnover. The gross margin fell from €153,456 in 2020 to €48,482 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DECAFLO

What is the company number of DECAFLO?
The company number of DECAFLO is 0739.781.386. The VAT number is the same number with BE in front: BE 0739.781.386.
Where is DECAFLO based?
The registered office is at Meiweg 54, 8790 Waregem.Company details
What does DECAFLO do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of DECAFLO?
DECAFLO is a private limited company (BV).
When was DECAFLO founded?
DECAFLO was founded on 18-12-2019.
Is DECAFLO still active?
Yes, DECAFLO is an active enterprise in the KBO register.
What is the turnover of DECAFLO?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €48,482 and 32 comparable companies (NACE 683). It probably lies between €72,000 and €190,000.Financials
Is DECAFLO profitable?
In financial year 2025, DECAFLO made a profit of €11,715.
Where can I find the annual accounts of DECAFLO?
DECAFLO filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DECAFLO due?
DECAFLO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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