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DECO

Active
Public limited companyfounded 1990active for 36 yearsRegentschapsstraat 11, 1000 Brussel, BelgiumKBO/BCE: BE 0441.150.159
Summary

DECO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €38,453. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 60% of 5,027 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Retail sale of antiques
NACE 47791
1 site
Size
≈ €1.2mturnover 2025, estimated
Staff
1.5 FTE
Equity
€2.1m
Profit
€38,453
Turnover estimated from the gross margin
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
2025 accounts filed 12 days late1 of 5 deeds summarised
Why 81raises riskLiquidity: current ratio 1.87, cash €1,970, halvedLast filed accounts filed 12 days late; 1 of the last 3 latelowers riskFounded in 1990Size: 1.5 FTE, total assets €4.7mShow the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 40% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Average
Solvency 70-2
equity 45.3% of total assets
Liquidity 26-2
short-term debt 48.7% · cash 0.0%
Profitability 41+7
return on assets 0.8%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,268 companies, NACE 47, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025lowest value 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 0.5%▼ -0.4 percentage points vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €170,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.87, compared with 1.97 in 2024, above the usual 1.5; short-term debt: 48.7% and cash: 0% of total assets), but 54.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 60% on solvency, 23% on liquidity, 31% on profitability and 45% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.87, cash €1,970, halved
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Last filed accounts filed 12 days late; 1 of the last 3 late
NBB · filings
lowers risk · Size: 1.5 FTE, total assets €4.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2025 accounts filed 12 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
12 days late
2024
51 days early
2023
56 days late
2022
31 days late
2021
26 days late
2020
32 days early
2019
31 days late
← 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 10 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Financials · financial year 2025, full format

2025 annual accounts filed late (12 days) Filed on 12 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00399569.

Turnover
≈ €1.2m
Estimated: probably between €780,000 and €2.2m
EBIT margin
Not included in this filing
Net result
€38,453▲ 542%
2024 · €5,989
Working capital
€2.0m▲ 1.1%
2024 · €2.0m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 76% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.04m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.1m--€0.09m€0.2m-€0.005m-€0.09m▼ 1,828%€1.3m€0.06m▼ 95.2%€0.1m▲ 76.3%
Net result€0.04m--€0.1m€0.1mabove the sector's middle half-€0.05mbelow the sector's middle half-€0.2mbelow the sector's middle half▼ 242%€1.1mabove the sector's middle half€0.006mwithin the sector's middle half▼ 99.4%€0.04mwithin the sector's middle half▲ 542%
Equity€1.2m-€1.1m▼ 11.1%€1.2mabove the sector's middle half▲ 9.1%€1.1mabove the sector's middle half▼ 3.8%€1.0mabove the sector's middle half▼ 13.7%€2.1mabove the sector's middle half▲ 109%€2.1mabove the sector's middle half▲ 0.3%€2.1mabove the sector's middle half▲ 1.8%
Total assets€4.5m-€4.5m▲ 1.5%€4.8mabove the sector's middle half▲ 6.6%€4.5mabove the sector's middle half▼ 7.2%€4.4mabove the sector's middle half▼ 1.1%€4.3mabove the sector's middle half▼ 4.0%€4.4mabove the sector's middle half▲ 3.7%€4.7mabove the sector's middle half▲ 5.8%
Debt€3.2m-€3.4m▲ 6.2%€3.6m▲ 5.8%€3.3m▼ 8.3%€3.4m▲ 3.2%€2.2m▼ 36.5%€2.3m▲ 6.9%€2.6m▲ 9.2%
Working capital€1.3m-€1.3m▲ 7.4%€1.4mabove the sector's middle half▲ 6.6%€1.3mabove the sector's middle half▼ 9.4%€1.0mabove the sector's middle half▼ 20.1%€2.0mabove the sector's middle half▲ 95.0%€2.0mabove the sector's middle half▼ 3.1%€2.0mabove the sector's middle half▲ 1.1%
Solvency27.5%-24.1%▼ 3.4pp24.6%within the sector's middle half▲ 0.6pp25.5%within the sector's middle half▲ 0.9pp22.3%within the sector's middle half▼ 3.2pp48.6%within the sector's middle half▲ 26.3pp47.1%within the sector's middle half▼ 1.6pp45.3%within the sector's middle half▼ 1.7pp
Current ratio1.48-1.51▲ 0.031.49within the sector's middle half▼ 0.021.48within the sector's middle half▼ 0.021.35within the sector's middle half▼ 0.132.14within the sector's middle half▲ 0.791.97within the sector's middle half▼ 0.171.87within the sector's middle half▼ 0.10
Return on assets (ROA)1.0%--3.0%▼ 4.0pp2.0%within the sector's middle half▲ 5.0pp-1.0%below the sector's middle half▼ 3.1pp-3.5%below the sector's middle half▼ 2.5pp25.4%above the sector's middle half▲ 29.0pp0.1%within the sector's middle half▼ 25.3pp0.8%within the sector's middle half▲ 0.7pp
Staff (FTE)2.2-2.2=2.2below the sector's middle half=2.2below the sector's middle half=2.2below the sector's middle half=2.2below the sector's middle half=2.2below the sector's middle half=1.5below the sector's middle half▼ 31.8%
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.7m
Fixed assets €413,148 ▼ 6.4%
Current assets €4.3m ▲ 7.1%
Equity and liabilities €4.7m
Equity €2.1m ▲ 1.8%
Debt €2.6m ▲ 9.2%
Debt's share of the balance-sheet total rises from 52.9% to 54.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€152,615▲
2024 · €101,444
Cash flow
€76,977▲
2024 · €42,735
Quick ratio
0.33▲
2024 · 0.24
Debt to equity
1.21▲
2024 · 1.13
ROE
1.8%▲
2024 · 0.3%
Interest coverage
2.53▲
2024 · 1.83
Debt ≤ 1 year
€2.3m▲
2024 · €2.0m
Debt > 1 year
€272,731▼
2024 · €309,400
Income taxes
€16,760▲
2024 · €4,120
Staff costs
€86,094▼
2024 · €123,567
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% still going

A further 0.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 17,041 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 · 2025 against 2024 · 61 lines
Balance sheet Code20242025
Assets
Total assets20/58€4.4m€4.7m▲
Fixed assets21/28€0.4m€0.4m▼
Tangible fixed assets22/27€0.4m€0.4m▼
Land and buildings22€0.4m€0.4m▼
Plant, machinery and equipment23€0.002m€0.002m▲
Furniture and vehicles24€0.03m€0.03m▼
Financial fixed assets28€284€284=
Current assets29/58€4.0m€4.3m▲
Stocks and contracts in progress3€3.5m€3.5m▲
Stocks30/36€3.5m€3.5m▲
Amounts receivable within one year40/41€0.5m€0.7m▲
Trade receivables40€0.4m€0.7m▲
Other amounts receivable41€0.05m€0.01m▼
Cash at bank and in hand54/58€0.009m€0.002m▼
Deferred charges and accrued income490/1€0.007m€0.005m▼
Equity and liabilities
Total equity and liabilities10/49€4.4m€4.7m▲
Equity10/15€2.1m€2.1m▲
Contributions10/11€0.4m€0.4m=
Capital10€0.4m€0.4m=
Issued capital100€0.4m€0.4m=
Reserves13€0.4m€0.5m▲
Non-distributable reserves130/1€0.04m€0.04m=
Legal reserve130€0.04m€0.04m=
Distributable reserves133€0.4m€0.4m▲
Profit (loss) carried forward14€1.2m€1.2m=
Amounts payable17/49€2.3m€2.6m▲
Amounts payable after more than one year17€0.3m€0.3m▼
Financial debts170/4€0.3m€0.3m▼
Amounts payable within one year42/48€2.0m€2.3m▲
Current portion of amounts payable after more than one year42€0.09m€0.1m▲
Financial debts43€0.6m€0.7m▲
Credit institutions430/8€0.6m€0.7m▲
Trade debts44€0.2m€0.1m▼
Suppliers440/4€0.2m€0.1m▼
Advances received on contracts in progress46€0.8m€1.0m▲
Taxes, remuneration and social security45€0.02m€0.02m▲
Taxes450/3€0.008m€0.02m▲
Remuneration and social security454/9€0.01m€0.004m▼
Other amounts payable47/48€0.3m€0.3m▲
Accrued charges and deferred income492/3€0.02m€0.007m▼
Income statement Code20242025
Remuneration, social security and pensions62€0.1m€0.09m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.04m▲
Other operating charges640/8€0.008m€0.009m▲
Non-recurring operating charges66A€0.002m-
Gross operating margin9900€0.2m€0.2m▲
Operating profit (loss)9901€0.06m€0.1m▲
Financial income75/76B€0.001m€0.001m▲
Recurring financial income75€0.001m€0.001m▲
Financial charges65/66B€0.06m€0.06m▲
Recurring financial charges65€0.06m€0.06m▲
Profit (loss) for the period before taxes9903€0.01m€0.06m▲
Income taxes67/77€0.004m€0.02m▲
Profit (loss) for the period9904€0.006m€0.04m▲
Profit (loss) for the period to be appropriated9905€0.006m€0.04m▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.2m€1.2m▲
Profit (loss) brought forward from the previous period14P€1.2m€1.2m▼
Transfer from equity791/2€0.01m-
Transfer to equity691/2€0.04m€0.04m▼
To the legal reserve6920€0.04m-
To other reserves6921€0.006m€0.04m▲
Social balance sheet
Average headcount (FTE)90872.21.5▼

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€0.1m€0.1m€0.1m€0.1m€0.09m▼ 30.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.06m€0.06m€0.03m€0.03m€0.03m€0.04m€0.04m▲ 4.8%
Other operating charges640/8---€0.007m€0.007m€0.3m€0.008m€0.009m▲ 11.0%
Non-recurring operating charges66A------€0.002m--
Gross operating margin9900€0.3m€0.09m€0.3m€0.1m€0.06m€1.8m€0.2m€0.2m▲ 5.4%
Operating profit (loss)9901€0.1m-€0.09m€0.2m-€0.005m-€0.09m€1.3m€0.06m€0.1m▲ 76.3%
Financial income75/76B---€0.004m€0.004m€0.005m€0.001m€0.001m▲ 57.2%
Recurring financial income75€0.002m€0.003m€192€0.004m€0.004m€0.005m€0.001m€0.001m▲ 57.2%
Financial charges65/66B---€0.04m€0.07m€0.05m€0.06m€0.06m▲ 8.6%
Recurring financial charges65€0.06m€0.05m€0.06m€0.04m€0.07m€0.05m€0.06m€0.06m▲ 8.6%
Profit (loss) for the period before taxes9903€0.04m-€0.1m€0.1m-€0.05m-€0.2m€1.3m€0.01m€0.06m▲ 446%
Income taxes67/77€254€232€0.01m€195€205€0.2m€0.004m€0.02m▲ 307%
Profit (loss) for the period9904€0.04m-€0.1m€0.1m-€0.05m-€0.2m€1.1m€0.006m€0.04m▲ 542%
Profit (loss) for the period to be appropriated9905€0.04m-€0.1m€0.1m-€0.05m-€0.2m€1.1m€0.006m€0.04m▲ 542%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€4.5m€4.5m€4.8m€4.5m€4.4m€4.3m€4.4m€4.7m▲ 5.8%
Fixed assets21/28€0.6m€0.6m€0.5m€0.5m€0.4m€0.5m€0.4m€0.4m▼ 6.4%
Tangible fixed assets22/27€0.6m€0.6m€0.5m€0.5m€0.4m€0.5m€0.4m€0.4m▼ 6.4%
Land and buildings22---€0.5m€0.4m€0.4m€0.4m€0.4m▼ 6.2%
Plant, machinery and equipment23---€0.001m€0.002m€0.002m€0.002m€0.002m▲ 10.4%
Furniture and vehicles24---€0.004m€0.002m€0.04m€0.03m€0.03m▼ 9.8%
Financial fixed assets28€464€464€464€464€284€284€284€284=
Current assets29/58€3.9m€4.0m€4.3m€4.0m€4.0m€3.8m€4.0m€4.3m▲ 7.1%
Stocks and contracts in progress3€3.3m€3.4m€3.5m€3.4m€3.4m€3.7m€3.5m€3.5m▲ 0.3%
Stocks30/36---€3.4m€3.4m€3.7m€3.5m€3.5m▲ 0.3%
Amounts receivable within one year40/41€0.4m€0.4m€0.7m€0.5m€0.6m€0.09m€0.5m€0.7m▲ 60.4%
Trade receivables40---€0.4m€0.4m€0.04m€0.4m€0.7m▲ 77.3%
Other amounts receivable41---€0.2m€0.2m€0.05m€0.05m€0.01m▼ 75.3%
Cash at bank and in hand54/58€0.009m€0.01m€0.03m€0.001m€0.004m€0.01m€0.009m€0.002m▼ 77.0%
Deferred charges and accrued income490/1---€0.08m€0.08m€0.003m€0.007m€0.005m▼ 35.9%
Equity and liabilities
Total equity and liabilities10/49€4.5m€4.5m€4.8m€4.5m€4.4m€4.3m€4.4m€4.7m▲ 5.8%
Equity10/15€1.2m€1.1m€1.2m€1.1m€1.0m€2.1m€2.1m€2.1m▲ 1.8%
Contributions10/11€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m=
Capital10---€0.4m€0.4m€0.4m€0.4m€0.4m=
Issued capital100---€0.4m€0.4m€0.4m€0.4m€0.4m=
Reserves13€0.02m€0.02m€0.1m€0.1m€0.1m€0.4m€0.4m€0.5m▲ 8.6%
Non-distributable reserves130/1---€0.006m€0.006m€0.006m€0.04m€0.04m=
Legal reserve130---€0.006m€0.006m€0.006m€0.04m€0.04m=
Distributable reserves133---€0.1m€0.1m€0.4m€0.4m€0.4m▲ 9.5%
Profit (loss) carried forward14€0.8m€0.7m€0.7m€0.6m€0.5m€1.2m€1.2m€1.2m=
Amounts payable17/49€3.2m€3.4m€3.6m€3.3m€3.4m€2.2m€2.3m€2.6m▲ 9.2%
Amounts payable after more than one year17€0.6m€0.8m€0.7m€0.6m€0.5m€0.4m€0.3m€0.3m▼ 11.9%
Financial debts170/4---€0.6m€0.5m€0.4m€0.3m€0.3m▼ 11.9%
Amounts payable within one year42/48€2.6m€2.6m€2.9m€2.7m€3.0m€1.8m€2.0m€2.3m▲ 13.0%
Current portion of amounts payable after more than one year42---€0.1m€0.1m€0.1m€0.09m€0.1m▲ 40.6%
Financial debts43---€0.9m€0.9m€0.4m€0.6m€0.7m▲ 16.3%
Credit institutions430/8---€0.9m€0.9m€0.4m€0.6m€0.7m▲ 16.3%
Trade debts44€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.1m▼ 42.5%
Suppliers440/4---€0.2m€0.2m€0.2m€0.2m€0.1m▼ 42.5%
Advances received on contracts in progress46---€0.4m€0.7m€0.6m€0.8m€1.0m▲ 24.5%
Taxes, remuneration and social security45---€0.01m€0.03m€0.04m€0.02m€0.02m▲ 21.6%
Taxes450/3----€0.002m€0.03m€0.008m€0.02m▲ 134%
Remuneration and social security454/9---€0.01m€0.03m€0.009m€0.01m€0.004m▼ 60.4%
Other amounts payable47/48---€1.1m€1.1m€0.4m€0.3m€0.3m▲ 8.8%
Accrued charges and deferred income492/3---€0.01m€0.02m€0.02m€0.02m€0.007m▼ 55.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.04m-€0.1m€0.1m-€0.05m-€0.2m€1.1m€0.006m€0.04m▲ 542%
+ Depreciation and write-downs630€0.06m€0.06m€0.06m€0.03m€0.03m€0.03m€0.04m€0.04m▲ 4.8%
Operating cash flow (approximation)€0.1m-€0.07m€0.2m-€0.02m-€0.1m€1.1m€0.04m€0.08m▲ 80.1%
Investment in fixed assets (approximation)--€0.02m-€0.001m-€0.001m-€0.004m-€0.05m-€0.01m-€0.01m▲ 9.6%
Change in cash-€0.002m€0.02m-€0.03m€0.003m€0.008m-€0.003m-€0.007m▼ 123%

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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Latest 10 of 36 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 12-08-2026 2026-00399569
31-12-2024 full format 10-06-2025 2025-00131807
31-12-2023 full format 25-09-2024 2024-00486298
31-12-2022 full format 31-08-2023 2023-00436818
31-12-2021 full format 26-08-2022 2022-20339707
31-12-2020 full format 29-06-2021 2021-26600195
31-12-2019 full format 31-08-2020 2020-51300270
31-12-2018 full format 12-07-2019 2019-32100065
31-12-2017 full format 28-08-2018 2018-52400210
31-12-2016 full format 07-07-2017 2017-28600155

Show all 36 filings

Similar companies · same sector, comparable size

Of the 1,436 active companies whose main activity is retail sale of antiques (NACE 47791), figures are known for 482. 168 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, 1 in day-to-day management

Board 2

Current

Day-to-day management 1

UZAL Marc Olivier
Daily management delegate
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 5 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2024, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
THEUNIS Nathalie Martine Janine
  • Director, since before 17-07-2024
UZAL Marc Olivier
  • Director, since before 17-07-2024
  • Daily management delegate, since before 17-07-2024
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 17-07-2024 Capital stated in the deed · €422,000 · 1,000 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 23 January 1990, DECO was incorporated.1 Total assets went from €4.5m in 2018 to €4.7m in 2025 and headcount from 2.2 to 1.5 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
12-08
NBB filing Annual accounts filed
financial year 2025 · full format · 12 days late
2025
10-06
NBB filing Annual accounts filed
financial year 2024 · full format
2024
25-09
NBB filing Annual accounts filed
financial year 2023 · full format · 56 days late
17-07
Gazette deed Reappointments: THEUNIS Nathalie Martine Janine (director) and UZAL Marc Olivier (director)
Purpose change · Amendment of the articles · Capital8 facts ▸
  • General meeting, 27-12-2023
  • Director reappointment, THEUNIS Nathalie Martine Janine (director)
  • Director reappointment, UZAL Marc Olivier (director)
  • Director reappointment, UZAL Marc Olivier (daily management delegate)
  • Purpose change
  • Other provision, “rapport de l’organe d’administration justifiant la modification de l'objet, article 7:154 du Code des sociétés et des associations” (deed in French)
  • Amendment of the articles (2 times)
  • Capital, €422,000
2023
31-12
Financial Back to profitnet €1.1m
Net result €1.1m after 2 loss-making years.
31-12
Financial Equity above €2mequity €2.1m ▲109%
Equity rises from €989,561 to €2.1m.
31-08
NBB filing Annual accounts filed
financial year 2022 · full format · 31 days late
2022
31-12
Financial Weakest financial yearnet -€156,535
Net result drops to -€156,535, the lowest in the series; recovery starts the following year.
26-08
NBB filing Annual accounts filed
financial year 2021 · full format · 26 days late
2021
29-06
NBB filing Annual accounts filed
financial year 2020 · full format
2020
31-12
Financial Back to profitnet €98,919
Net result €98,919 after one loss-making year.
31-08
NBB filing Annual accounts filed
financial year 2019 · full format · 31 days late
Show earlier events
2019
12-07
NBB filing Annual accounts filed
financial year 2018 · full format
2018
28-08
NBB filing Annual accounts filed
financial year 2017 · full format · 28 days late
2017
07-07
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 36 annual accounts filed, the latest 10 are here; all 36 are under Financials.
1 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not 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.

Register details

Identification
Legal formPublic limited company
Founded23-01-1990
Financial year end31-12
Activities, NACEBEL 2025
47791Retail sale of antiques
47639Retail sale of other sporting goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0441150159
Registered 14-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1990
registered office establishment The establishment unit on the map
Ground area
91 m²
Building footprint
109 m²
Building volume
1,641 m³
Parcel 21808H1541/00E000, Brussels · tallest building 20.4 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
M & N UZAL
Regentschapsstraat 11, 1000 BrusselRetail sale of antiques
since 1990unit no. 2.048.546.958
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21808H1541/00E000 Brussels 91 m² 1 · 109 m² 20.4 m · 6
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“La vente,l’achat,l’échange,la restauration,l’expertise,l’estimation,le courtage,la location,l’exposition et l’organisation d’exposition…” (deed in French)
4 activities (deed in French)
  1. La vente,l’achat,l’échange,la restauration,l’expertise,l’estimation,le courtage,la location,l’exposition et l’organisation d’exposition d’œuvre d’art et d’antiquités en général et sans que cette énonciation soit limitative,d’œuvre d’art graphique,d’œuvres d’art plastique,de sculptures,de cadres,de curiosités,de meubles et d’objets d’art et de décoration en général
  2. La création,la réalisation et le conseil en matière de décoration d’intérieurs de magasins et,en général de tous espaces commerciaux ou d’habitations privées ainsi que la commercialisation de tous objets ou accessoires s’y rapportant
  3. Le transport national et international par route,rail,eau ou air de toutes marchandises,en vrac ou emballées
  4. Au déménagement et l'entreposage de meubles

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
DECO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Peuvent être créés,en Belgique ou à l’étranger,par décision de l’organe d’administration, Annexes du Moniteur belge” (deed in French)

deed of 17-07-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Two directors jointly
Board ruleHow the board is made up, meets and takes decisions.
“18, conseil peut élire président parmi membres” (deed in French)
“Tout administrateur peut donner à collègue par écrit ou support matériel mandat pour réunion déterminée et voter lieu et place, moitié au…” (deed in French)
“21, produire en justice ou ailleurs” (deed in French)
“Accomplir tous actes nécessaires ou utiles à réalisation objet, 22” (deed in French)
“Gestion journalière et représentation pour cette gestion, 23” (deed in French)
“24, sauf décision contraire assemblée générale” (deed in French)
“Situation financière comptes annuels régularité au regard Code et statuts opérations à constater, 25” (deed in French)
“27, décisions obligatoires pour tous même absents ou dissidents” (deed in French)
“11 heures, siège ou autre endroit indiqué convocation” (deed in French)
“Toute personne peut renoncer considérée régulièrement convoquée si présente ou représentée, 29” (deed in French)
“17, illimitée” (deed in French)
1 more provision on this in the deed

deed of 17-07-2024

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Toutes aliénations entre vifs à titre onéreux ou gratuit et transmissions pour cause de décès,d'actions,droits de souscription,autres titres…” (deed in French)
Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
“Autorisation, pour une ou plusieurs périodes de cinq ans maximum” (deed in French)

deed of 17-07-2024

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 17-07-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Droit de souscription préférentielle, renonciation actée dans l’acte authentique relatif à la décision d’augmentation du capital” (deed in French)
Other provision: “Admission à l'assemblée générale, informer société de volonté de participer et indiquer nombre de titres” (deed in French)
Other provision: “Bureau de l'assemblée générale, un administrateur” (deed in French)
Other provision: “Droit de vote, dispositions légales et statutaires” (deed in French)
Other provision: “Délibérations de l'assemblée générale, quel que soit nombre de titres représentés” (deed in French)
Other provision: “Procès-verbaux des assemblées générales, membres du bureau et actionnaires qui le demandent” (deed in French)
Other provision: “Comptes annuels, discute et statue sur adoption” (deed in French)
Other provision: “Affectation par assemblée générale à majorité absolue sur proposition organe d'administration dans limites légales, distribution du bénéfice” (deed in French)
Other provision: “Situation active et passive préalablement examinée par commissaire, acomptes sur dividendes” (deed in French)
Liquidation distribution: “Réparti également entre toutes actions, apurement dettes,charges,frais ou consignation” (deed in French)
Other provision: “Significations et notifications valablement données pour affaires et responsabilité, élection de domicile” (deed in French)
Other provision: “Compétence judiciaire, société,actionnaires,obligataires,administrateurs,commissaires,liquidateurs relatifs affaires et exécution statuts” (deed in French)
Other provision: “Droit commun, entièrement à la loi et Code des sociétés et associations” (deed in French)
Other provision: “Réduction du capital, traitement égal des actionnaires dans conditions identiques” (deed in French)
Other provision: “Nominatives même entièrement libérées,sont et restent nominatives, organe d'administration décide souverainement appels complémentaires avec…” (deed in French)
Other provision: “Indivisibilité des titres, titres indivisibles à l'égard de la société” (deed in French)
Other provision: “Ayants cause, s'en rapportent aux comptes annuels et délibérations assemblée” (deed in French)
Other provision: “Obligations et droits de souscription, tenu au siège pour obligations nominatives et droits,consultable par tout obligataire” (deed in French)
Other provision: “En une ou plusieurs fois pour montant maximal déterminé, jour fixé par loi comme point de départ” (deed in French)
Other provision: “Actions,parts bénéficiaires ou certificats s'y rapportant par achat ou échange directement ou par personne agissant en nom propre mais pour…” (deed in French)
2 more provisions in the deed, see the deed of 17-07-2024

deed of 17-07-2024