Losses
-€10,650 in two years
The 2023 and 2024 financial years closed with a loss. 2023 was the heaviest.
Deckorate
Lifetime
3 annual accounts with figures on one time axispeak €53,015 (2022)
€23,189▲ 96.0%
lowest -€10,517 (2023)
-€134▲ €10,383
peak €17,171 (2022)
€6,520▼ 2.0%
€133,082▼ 16.5%
Board1 name since 2021
1 director
Documentsfilings and deeds
10-10-202571 days late
2024micro format
Gross margin from €11,834 to €23,189Loss of €134Debts from €159,450 to €133,082
Key points
from the 2024 annual accountsTurnover
≈ €130,000 estimated
The micro format states no turnover.
Debts
€133,082 95% of the balance sheet
Financial debts 64%Suppliers 3%Taxes and wages 7%Other 27%
Of this, €48,465 falls due within a year.
Filings
3 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Starting capital
€8,000 8 shares
Position in the sector
4.7%
Lower solvency than 85% of companies in advertising and market research. Sector median 55.0% · 8,805 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 849 companies had the same profile as Deckorate has now. Each dot stands for 3 companies, two years later.
91.9%
were still trading
3.3%
stopped another way
4.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 849 companies, not a prediction for Deckorate. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0772962811
Registered office moved to Dendermonde
New registered office: Noordlaan 138 te 9200 Dendermonde · General meeting of 12-10-2022 · Gazette deed
Incorporation
Founding capital of €8,000, 8 shares · Founder: · Appointment: (director) · published on 01-09-2021 · Gazette deed
First establishment
Noordlaan 138, Dendermonde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Deckorate Dendermonde | €139,602 | €23,189 | 4.7% | - |
| Mawaw Antwerp | €129,183 | €17,930 | 69.3% | - |
| SUGAR ON TOP Ternat | €112,831 | €21,059 | 16.6% | - |
| BLACK MOUNTAIN Ghent | €123,143 | €16,205 | 27.0% | - |
| Hannah Van Hoorick Sint-Niklaas | €97,272 | €28,444 | 73.4% | - |
| Timon van Gent Ghent | €106,673 | €35,286 | 81.3% | - |
| Possible Aalter | €163,304 | €39,584 | 86.0% | - |
These companies have the same main activity as Deckorate: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €97,300 and €163,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 30-08-2021Normal situation
- Activity
- Advertising agenciesNACE 73110and 4 others
- Establishment unit
- 2.321.711.7279200 Dendermonde, since 30-08-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 20-02-2026
Insights on Deckorate
Deckorate files the micro format. That format states no turnover. The gross margin fell from €53,015 in 2022 to €23,189 in 2024.
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 Deckorate
- What is the company number of Deckorate?
- The company number of Deckorate is 0772.962.811. The VAT number is the same number with BE in front: BE 0772.962.811.
- Where is Deckorate based?
- The registered office is at Noordlaan 138, 9200 Dendermonde.Company details
- What does Deckorate do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of Deckorate?
- Deckorate is a private limited company (BV).
- When was Deckorate founded?
- Deckorate was founded on 30-08-2021.
- Is Deckorate still active?
- Yes, Deckorate is an active enterprise in the KBO register.
- What is the turnover of Deckorate?
- The turnover in financial year 2024 is ≈ €130,000. This figure is estimated from the gross margin of €23,189 and 41 comparable companies (NACE 73110). It probably lies between €70,000 and €250,000. It is a rough estimate.Financials
- Is Deckorate profitable?
- In financial year 2024, Deckorate made a loss of €134.
- Where can I find the annual accounts of Deckorate?
- Deckorate filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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