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DECMAR

Active
Private limited companyfounded 198640 yrs activeSteenweg 24, 2800 Mechelen, BelgiumKBO/BCE: BE 0428.578.167
Summary

The annual accounts of DECMAR for fiscal year 2026 show a net loss of 73% of the equity at the start of that year. The 2026 annual accounts show equity of €1,609 and a net result of -€4,277. Equity is shrinking by ~22.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 10% of 144 sector peers (fiscal year 2026). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2026
Axes · tick = 2025
Profitability14▲+3
Solvency26▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.02 against 0.06 in 2025; short-term debt: 98.6% and cash: 1.9% of total assets), and 98.6% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 40 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more 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 2026
Solvency, return and age of the figures
Solvency
1.4%
Return on assets
-3.6%
Age of the figures
6 mo
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1920212223242526
2019 to 2026 · latest year -€4,277
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 144 sector peers (2026).
NBB · sector comparison
Position among 144 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-08-2026, 69 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
69 d early
2025
73 d early
2024
87 d early
2023
33 d early
2022
127 d early
2021
108 d early
2020
137 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 91 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 March 1986, DECMAR was incorporated.1 Total assets went from EUR 83,572 in 2019 to EUR 118,923 in 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2026

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Financials · fiscal year 2026, abbreviated schema

Equity
€1,609▼ 72.7%
2025 · €5,886
Total assets
€118,923▼ 7.4%
2025 · €128,400
Net result
-€4,277▲ 46.6%
2025 · -€8,014
Working capital
-€115,033▼ 0.2%
2025 · -€114,820
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20222023202420252026
Operating result-€2,836▲ 51.5%-€7,559▼ 167%-€11,614▼ 53.6%-€7,940▲ 31.6%-€4,202▲ 47.1%
Net result-€2,902below the sector's middle half▲ 50.9%-€7,628below the sector's middle half▼ 163%-€11,683below the sector's middle half▼ 53.2%-€8,014below the sector's middle half▲ 31.4%-€4,277▲ 46.6%
Equity€33,211below the sector's middle half▼ 8.0%€25,583below the sector's middle half▼ 23.0%€13,900below the sector's middle half▼ 45.7%€5,886below the sector's middle half▼ 57.7%€1,609▼ 72.7%
Total assets€75,525below the sector's middle half▼ 0.4%€137,049below the sector's middle half▲ 81.5%€130,325below the sector's middle half▼ 4.9%€128,400below the sector's middle half▼ 1.5%€118,923▼ 7.4%
Debt€42,314▲ 6.5%€111,466▲ 163%€116,425▲ 4.4%€122,514▲ 5.2%€117,314▼ 4.2%
Working capital-€16,368▼ 21.6%-€103,252▼ 531%-€110,870▼ 7.4%-€114,820▼ 3.6%-€115,033▼ 0.2%
Solvency44.0%within the sector's middle half▼ 3.7pp18.7%below the sector's middle half▼ 25.3pp10.7%below the sector's middle half▼ 8.0pp4.6%below the sector's middle half▼ 6.1pp1.4%▼ 3.2pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2022: -€2,836-€2,836Net result 2022: -€2,902-€2,902Operating result 2023: -€7,559-€7,559Net result 2023: -€7,628-€7,628Operating result 2024: -€11,614-€11,614Net result 2024: -€11,683-€11,683Operating result 2025: -€7,940-€7,940Net result 2025: -€8,014-€8,014Operating result 2026: -€4,202-€4,202Net result 2026: -€4,277-€4,27720222023202420252026-€15,000-€10,000-€5,000€0Operating result 2024: -€11,614-€11,600Net result 2024: -€11,683-€11,700Operating result 2025: -€7,940-€7,940Net result 2025: -€8,014-€8,010Operating result 2026: -€4,202-€4,200Net result 2026: -€4,277-€4,280202420252026
The operating result stays negative: a loss of €4,202 in 2026 against €7,940 in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €118,923
Fixed assets €116,642 ▼ 3.4%
Current assets €2,281 ▼ 70.4%
Equity and liabilities €118,923
Equity €1,609 ▼ 72.7%
Debt €117,314 ▼ 4.2%
Debt's share of the balance-sheet total rises from 95.4% to 98.6%. Equity and debt are lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
-€138▲
2025 · -€3,876
Cash flow
-€213▲
2025 · -€3,950
Current ratio
0.02▼
2025 · 0.06
Debt to equity
72.91▲
2025 · 20.81
ROE
-265.8%▼
2025 · -136.2%
ROA
-3.6%▲
2025 · -6.2%
Interest coverage
-1.84▲
2025 · -52.38
Debt ≤ 1 year
€117,314▼
2025 · €122,514
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 974 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a small loss
2.1% went bankrupt
4.5% stopped otherwise
93% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 974 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
Filed annual accounts As filed with the NBB · 2026 against 2025 · 31 lines
Balance sheet Code20252026
Assets
Total assets20/58€128,400€118,923▼
Fixed assets21/28€120,706€116,642▼
Tangible fixed assets22/27€120,706€116,642▼
Land and buildings22€120,706€116,642▼
Current assets29/58€7,694€2,281▼
Amounts receivable within one year40/41€5,200-
Other amounts receivable41€5,200-
Cash at bank and in hand54/58€2,494€2,281▼
Equity and liabilities
Total equity and liabilities10/49€128,400€118,923▼
Equity10/15€5,886€1,609▼
Contributions10/11€18,592€18,592=
Reserves13€50,957€50,957=
Non-distributable reserves130/1€50,709€50,709=
Reserves not available under the articles1311€1,131€1,131=
Other1319€49,578€49,578=
Distributable reserves133€248€248=
Profit (loss) carried forward14-€63,663-€67,940▼
Amounts payable17/49€122,514€117,314▼
Amounts payable within one year42/48€122,514€117,314▼
Other amounts payable47/48€122,514€117,314▼
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,064€4,064=
Other operating charges640/8€539€550▲
Gross operating margin9900-€3,337€412▲
Operating profit (loss)9901-€7,940-€4,202▲
Financial charges65/66B€74€75▲
Recurring financial charges65€74€75▲
Profit (loss) for the period before taxes9903-€8,014-€4,277▲
Profit (loss) for the period9904-€8,014-€4,277▲
Profit (loss) for the period to be appropriated9905-€8,014-€4,277▲
Appropriation of the result
Profit (loss) to be appropriated9906-€63,663-€67,940▼
Profit (loss) brought forward from the previous period14P-€55,649-€63,663▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,032€4,064€4,064€4,064=
Other operating charges640/8€1,420€2,595€1,580€539€550▲ 2.0%
Gross operating margin9900-€1,416-€2,932-€5,970-€3,337€412▲ 112%
Operating profit (loss)9901-€2,836-€7,559-€11,614-€7,940-€4,202▲ 47.1%
Financial charges65/66B€66€69€69€74€75▲ 1.4%
Recurring financial charges65€66€69€69€74€75▲ 1.4%
Profit (loss) for the period before taxes9903-€2,902-€7,628-€11,683-€8,014-€4,277▲ 46.6%
Profit (loss) for the period9904-€2,902-€7,628-€11,683-€8,014-€4,277▲ 46.6%
Profit (loss) for the period to be appropriated9905-€2,902-€7,628-€11,683-€8,014-€4,277▲ 46.6%
Line20222023202420252026Change
Assets
Total assets20/58€75,525€137,049€130,325€128,400€118,923▼ 7.4%
Fixed assets21/28€49,579€128,835€124,770€120,706€116,642▼ 3.4%
Tangible fixed assets22/27€49,579€128,835€124,770€120,706€116,642▼ 3.4%
Land and buildings22€49,579€128,835€124,770€120,706€116,642▼ 3.4%
Current assets29/58€25,946€8,214€5,555€7,694€2,281▼ 70.4%
Amounts receivable within one year40/41€25,000€8,200€5,200€5,200--
Other amounts receivable41€25,000€8,200€5,200€5,200--
Cash at bank and in hand54/58€416€14€355€2,494€2,281▼ 8.5%
Deferred charges and accrued income490/1€530-----
Equity and liabilities
Total equity and liabilities10/49€75,525€137,049€130,325€128,400€118,923▼ 7.4%
Equity10/15€33,211€25,583€13,900€5,886€1,609▼ 72.7%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Capital10€18,592€18,592€18,592---
Issued capital100€18,592€18,592€18,592---
Reserves13€50,957€50,957€50,957€50,957€50,957=
Non-distributable reserves130/1€50,709€50,709€50,709€50,709€50,709=
Legal reserve130€1,131€1,131€1,131---
Reserves not available under the articles1311---€1,131€1,131=
Other1319€49,578€49,578€49,578€49,578€49,578=
Distributable reserves133€248€248€248€248€248=
Profit (loss) carried forward14-€36,338-€43,966-€55,649-€63,663-€67,940▼ 6.7%
Amounts payable17/49€42,314€111,466€116,425€122,514€117,314▼ 4.2%
Amounts payable within one year42/48€42,314€111,466€116,425€122,514€117,314▼ 4.2%
Trade debts44€766€1,152€912---
Suppliers440/4€766€1,152€912---
Other amounts payable47/48€41,548€110,314€115,513€122,514€117,314▼ 4.2%
Line20222023202420252026Change
Profit (loss) for the period9904-€2,902-€7,628-€11,683-€8,014-€4,277▲ 46.6%
+ Depreciation and write-downs630-€2,032€4,064€4,064€4,064=
Operating cash flow (approximation)-€2,902-€5,596-€7,619-€3,950-€213▲ 94.6%
Investment in fixed assets (approximation)--€81,288€1€0€0-
Change in cash--€402€341€2,139-€213▼ 110%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-10-2027
2026
23-08
NBB filing Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
19-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
05-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial Weakest financial yearnet -€11,683
Net result drops to -€11,683, the lowest in the series; recovery starts the following year.
2023
28-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
26-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
15-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
16-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
13-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
13-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
25-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated 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, Mechelen · 1 establishment unit since 1986
seat establishment The establishment unit on the map
Ground area
369 m²
Building footprint
226 m²
Volume, LiDAR
2,189 m³
2 parcels, Flanders · tallest building 16.2 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Steenweg 42, 2800 Mechelen
NACE 9301103
since 19862.029.231.981
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12025E0561/00B000 Flanders 299 m² 1 · 158 m² 16.2 m · 4 fl.
12025E0552/00_000 Flanders 70 m² 1 · 68 m² 15.9 m · 5 fl.
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.

Similar companies · same sector, comparable size

Of 71 companies in sector 46648 we hold annual accounts for 51. 2 are within a factor 10 of this equity. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-03-1986
Fiscal year end31-03
Activities, NACEBEL 2025
46648Wholesale trade
96102Launderettes and laundries for private customers
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.