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DECO

Active
Private limited companyfounded 2000active for 25 yearsIndustriestraat 18, 3930 Hamont-Achel, BelgiumKBO/BCE: BE 0473.293.385
Summary

DECO has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €415,582 and a net result of €146,070. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 46% of 9,615 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Joinery installation
NACE 43320
2 sites
Size
€1.0mtotal assets 2025
Staff
11.8 FTE
Equity
€415,582
Profit
€146,070
Turnover not published (abbreviated format)
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
HAJUVA · 100%
  • HAJUVADirector · permanent representative Wout HAVERKORT
Accounts 31 days early1 of 5 deeds read
Why 86raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.29, cash €448,317Founded in 2000Figures for financial year 2025 (filed 30-06-2026)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 65% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Strong
Solvency 66+25
equity 40.6% of total assets
Liquidity 72+16
short-term debt 54.6% · cash 43.8%
Profitability 54-23
return on assets 14.3%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,641 companies, NACE 43, small)
Last 24 months 11-2024: 4.0% 12-2024: 4.0%● unchanged vs 11-2024 01-2025: 4.0%● unchanged vs 12-2024 02-2025: 4.1%▲ +0.1 percentage points vs 01-2025 03-2025: 4.0%▼ -0.1 percentage points vs 02-2025 04-2025: 4.0%● unchanged vs 03-2025 05-2025: 4.3%▲ +0.3 percentage points vs 04-2025 06-2025: 4.1%▼ -0.2 percentage points vs 05-2025 07-2025: 4.3%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 1.5%▼ -2.8 percentage points vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.6%▲ +0.1 percentage points vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.5%▼ -0.1 percentage points vs 05-2026 07-2026: 0.6%▼ -0.9 percentage points vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026 09-2026: 1.2%▲ +0.3 percentage points vs 08-2026 10-2026: 0.4%▼ -0.8 percentage points vs 09-2026lowest value
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.29, compared with 1.0 in 2024; short-term debt: 54.6% and cash: 43.8% of total assets), and 59.4% of the assets are financed with debt.
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 43, small): better than 54% on solvency, 87% on liquidity, 25% on profitability and 92% on growth.

The bankruptcy probability was computed on 09-10-2026 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 riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.29, cash €448,317
NBB · annual accounts
lowers risk · Founded in 2000
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 30-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
15 days early
2023
22 days early
2022
13 days early
2021
11 days early
2020
12 days late
2019
on the day
← 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 11 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 16 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 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 · abbreviated…
  2. Resignation: Sara LAUWERS (director)Appointment: HAJUVA bv (director) ·…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2025from €428,245 to €146,070 ▼ 65.9% View
  • Caution: Board changedlatest change 15-12-2025 · 1 in office 1 joined · 1 left View
  • Positive: Among the best 19% on net resultsector median €27,560 · 9,608 companies €146,070 View
  • Controlled by HAJUVA 100% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Total assets
€1.0m
Profit
€146,070
Solvency
40.6%
Total assets▼ 38.9%
Net result
20182025
Go to Financials

Timeline

Events
31
Since
2002
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 31-12-2024Equity above €200,000
  3. 09-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
16-11-2000
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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