DECO
DECO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €609k and a net result of €18k. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 44% of 19339 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €609k |
| Net result | €18k |
| Better than sector | 44% |
| Active | 31 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 23.7% | 31.1% | |
| Net result | €18k | €4k | |
| Equity | €609k | €87k | |
| Gross operating margin | €121k | €39k | |
| Total assets | €2.57M | €440k |
Figures by fiscal year and ratios
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | +93.0% | +25.7% | -38.4% | - |
| Net profit | - | +7.1% | -61.3% | - |
| Cash flow | +205.6% | +20.2% | -50.7% | - |
| Staff costs | - | - | - | - |
| Income taxes | +26.5% | - | - | - |
| Dividends | - | - | - | - |
| Total assets | +131.1% | -4.9% | -5.1% | - |
| Equity | - | -7.5% | -8.8% | - |
| Debt | +0.7% | 0.0% | 0.0% | - |
| of which ≤ 1y | +65.2% | +0.1% | 0.0% | - |
| of which > 1y | - | 0.0% | -0.1% | - |
| Working capital | -77.6% | +2.8% | +2.5% | - |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 0.21 | 0.27 | 0.25 | 0.23 |
| Quick ratio | 0.21 | 0.27 | 0.25 | 0.23 |
| Working capital ratio | -60.1% | -78.2% | -76.5% | -74.4% |
| Solvency | 23.7% | -75.1% | -66.4% | -57.9% |
| Debt / equity | 3.21 | -2.33 | -2.51 | -2.73 |
| Long-term debt ratio | - | -0.91 | -0.98 | -1.07 |
| Interest coverage | 23.31 | 2.52 | 2.82 | 5.17 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 0.7% | -5.3% | -5.4% | -3.2% |
| ROE | 2.9% | 7.0% | 8.1% | 5.5% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €2.57M | €1.11M | €1.17M | €1.23M |
| Fixed assets | 21/28 | €2.15M | €794k | €878k | €964k |
| Tangible fixed assets | 22/27 | €2.15M | €794k | €878k | €964k |
| Current assets | 29/58 | €414k | €316k | €290k | €267k |
| Amounts receivable within one year | 40/41 | €124 | €124 | €124 | €124 |
| Cash & bank | 54/58 | €413k | €315k | €289k | €267k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.57M | €1.11M | €1.17M | €1.23M |
| Equity | 10/15 | €609k | €-834k | €-776k | €-713k |
| Contributions / capital | 10/11 | €1.49M | €62k | €62k | €62k |
| Accumulated profits (losses) | 14 | €-878k | €-896k | €-838k | €-775k |
| Amounts payable | 17/49 | €1.96M | €1.94M | €1.94M | €1.94M |
| Amounts payable after one year | 17 | - | €760k | €760k | €760k |
| Amounts payable within one year | 42/48 | €1.96M | €1.19M | €1.18M | €1.18M |
| Trade debts payable within one year | 44 | €429 | €1k | €507 | €742 |
| Income statement | |||||
| Gross operating margin | 9900 | €121k | €70k | €59k | €80k |
| Operating result | 9901 | €20k | €-41k | €-50k | €-28k |
| Financial income | 75 | €2k | €900 | - | - |
| Financial charges | 65 | €4k | €18k | €13k | €11k |
| Result before taxes | 9903 | €18k | €-58k | €-63k | €-39k |
| Income taxes | 67/77 | €342 | €270 | - | - |
| Net result for the period | 9904 | €18k | €-58k | €-63k | €-39k |
| Result to be appropriated | 9905 | €18k | €-58k | €-63k | €-39k |
| NACE primary | Renting and operating of own or leased residential real estate, excluding social housing(68201) |
| Legal form | Public limited company(014) |
| Incorporation | 06-09-1994 |
| Status | Active |
| Postal code | 1755 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23040F0277/00P000 | Flanders | 1,016 m² | 1 · 158 m² | 9.7 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-12-2024 Capital increase of €1,000,000 to €2,487,000
- €1.487.000 → €2.487.000
- Inbreng in natura · Apport en nature
Technical details
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],
"notary": {
"name": "Paul De Man",
"firm_city": null,
"firm_name": null,
"office_city": "Geraardsbergen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-12-24",
"filing_date": "2024-12-20",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2024-12-19",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": "2024-12-19"
},
"bedrijfsrevisor": {
"waived": false,
"firm_kbo": null,
"firm_name": "Forvis Mazars Bedrijfsrevisoren BV",
"ibr_number": null,
"mission_type": "quasi_apport",
"individual_name": "Alain De Quick"
},
"subject_company": {
"kbo": "0453.322.174",
"name_full": "DECO",
"legal_form": "Naamloze vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
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},
"co_filed_documents": [
"expedition",
"statuten",
"verslag bestuursorgaan",
"controleverslag"
],
"shareholders_after": [],
"share_classes_after": []
}| Legal nameNL | DECO |