DECO-BU
Open bankruptcyA bankruptcy procedure is open for DECO-BU according to publications in the Belgian State Gazette; curator: ALINE FAUFRA.
Summary
The 2023 annual accounts show equity of €23,337 and a net result of -€25,299.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Liège, Liège division
- Declared bankrupt
- 1 December 2025
- Supervising judge
- Bruno Giaccio
- Official Gazette
- 05-12-2025 (pdf) ↗search the document for 2025/150428
Deadlines
- Appeal or third-party opposition until
- passed on 20 December 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 31 December 2025art. XX.104 and XX.155 CEL
- Late claim until
- 1 December 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Aline FaufraGrand-Route 35, 4610 Beyne- Heusaya.faufra@safelegal.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-10-2024, 86 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
86 d late
2022
54 d late
2021
31 d early
2019
95 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 51 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Painting of buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Turnover
€300,663
EBIT margin
-5.1%
Net result
-€25,299
2022 · €22,541
Working capital
-€25,147▲ 9.1%
2022 · -€27,672
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202120222023
Turnover€300,663
Operating result€16,258-€13,757-€35,256▲ 156%-€15,404
Net result€11,601-€8,922within the sector's middle half-€22,541within the sector's middle half▲ 153%-€25,299below the sector's middle half
EBIT margin-5.1%
Equity€7,801-€26,095within the sector's middle half-€48,635within the sector's middle half▲ 86.4%€23,337within the sector's middle half▼ 52.0%
Total assets€186,825-€159,033within the sector's middle half-€193,691within the sector's middle half▲ 21.8%€234,938within the sector's middle half▲ 21.3%
Debt€179,024-€132,938-€145,056▲ 9.1%€211,601▲ 45.9%
Working capital-€14,413--€6,646below the sector's middle half--€27,672below the sector's middle half▼ 316%-€25,147below the sector's middle half▲ 9.1%
Solvency4.2%-16.4%below the sector's middle half-25.1%within the sector's middle half▲ 8.7pp9.9%below the sector's middle half▼ 15.2pp
Current ratio0.83-0.90below the sector's middle half-0.68below the sector's middle half▼ 0.210.81below the sector's middle half▲ 0.12
Return on assets (ROA)6.2%-5.6%within the sector's middle half-11.6%within the sector's middle half▲ 6.0pp-10.8%below the sector's middle half▼ 22.4pp
Staff (FTE)2-
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €15,404 after €35,256 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €234,938
Fixed assets
€130,411 ▼ 2.3%
Current assets
€104,527 ▲ 73.7%
Equity and liabilities €234,938
Equity
€23,337 ▼ 52.0%
Debt
€211,601 ▲ 45.9%
Debt's share of the balance-sheet total rises from 74.9% to 90.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4,590▼
2022 · €51,981
Cash flow
-€5,305▼
2022 · €39,266
Debt to equity
9.07▲
2022 · 2.98
ROE
-108.4%▼
2022 · 46.3%
Interest coverage
0.44▼
2022 · 10.20
Debt ≤ 1 year
€129,674▲
2022 · €87,832
Debt > 1 year
€81,527▲
2022 · €56,852
Staff costs
€87,856▼
2022 · €96,451
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | - | €300,663 | - |
| Non-recurring operating income76A | - | - | - | €1,047 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €225,874 | - |
| Remuneration, social security and pensions62 | - | €69,964 | €96,451 | €87,856 | ▼ 8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,671 | €13,453 | €16,725 | €19,994 | ▲ 19.5% |
| Other operating charges640/8 | - | €422 | €298 | €1,454 | ▲ 389% |
| Non-recurring operating charges66A | - | - | €388 | - | - |
| Gross operating margin9900 | €69,129 | €97,596 | €149,117 | €93,900 | ▼ 37.0% |
| Operating profit (loss)9901 | €16,258 | €13,757 | €35,256 | -€15,404 | ▼ 144% |
| Financial income75/76B | - | €1,981 | €809 | €521 | ▼ 35.6% |
| Recurring financial income75 | €95 | €1,981 | €809 | €521 | ▼ 35.6% |
| Financial charges65/66B | - | €3,736 | €5,094 | €10,415 | ▲ 104% |
| Recurring financial charges65 | €3,288 | €3,736 | €5,094 | €10,415 | ▲ 104% |
| Profit (loss) for the period before taxes9903 | €13,065 | €12,002 | €30,971 | -€25,299 | ▼ 182% |
| Income taxes67/77 | €1,464 | €3,080 | €8,430 | - | - |
| Profit (loss) for the period9904 | €11,601 | €8,922 | €22,541 | -€25,299 | ▼ 212% |
| Profit (loss) for the period to be appropriated9905 | €11,601 | €8,922 | €22,541 | -€25,299 | ▼ 212% |
| Line | 2019 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €186,825 | €159,033 | €193,691 | €234,938 | ▲ 21.3% |
| Fixed assets21/28 | €114,614 | €99,516 | €133,532 | €130,411 | ▼ 2.3% |
| Intangible fixed assets21 | €112,505 | €87,505 | €75,005 | €62,505 | ▼ 16.7% |
| Tangible fixed assets22/27 | €1,849 | €11,751 | €58,267 | €67,646 | ▲ 16.1% |
| Land and buildings22 | - | €0 | - | - | - |
| Plant, machinery and equipment23 | - | - | €984 | €753 | ▼ 23.5% |
| Furniture and vehicles24 | - | €1,879 | €11,860 | €12,429 | ▲ 4.8% |
| Other tangible fixed assets26 | - | €9,872 | €45,423 | €54,464 | ▲ 19.9% |
| Financial fixed assets28 | €260 | €260 | €260 | €260 | = |
| Current assets29/58 | €72,211 | €59,517 | €60,160 | €104,527 | ▲ 73.7% |
| Amounts receivable within one year40/41 | €18,493 | €26,307 | €54,774 | €92,271 | ▲ 68.5% |
| Trade receivables40 | - | €13,504 | €31,734 | €41,371 | ▲ 30.4% |
| Other amounts receivable41 | - | €12,803 | €23,040 | €50,900 | ▲ 121% |
| Cash at bank and in hand54/58 | €52,023 | €31,260 | €2,958 | €12,246 | ▲ 314% |
| Deferred charges and accrued income490/1 | - | €1,950 | €2,428 | €11 | ▼ 99.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €186,825 | €159,033 | €193,691 | €234,938 | ▲ 21.3% |
| Equity10/15 | €7,801 | €26,095 | €48,635 | €23,337 | ▼ 52.0% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €310 | €310 | €10,310 | €10,310 | = |
| Non-distributable reserves130/1 | - | €310 | €310 | €310 | = |
| Reserves not available under the articles1311 | - | €310 | €310 | €310 | = |
| Distributable reserves133 | - | - | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €1,291 | €19,585 | €32,125 | €6,827 | ▼ 78.7% |
| Amounts payable17/49 | €179,024 | €132,938 | €145,056 | €211,601 | ▲ 45.9% |
| Amounts payable after more than one year17 | €92,400 | €66,775 | €56,852 | €81,527 | ▲ 43.4% |
| Financial debts170/4 | - | €66,775 | €56,852 | €81,527 | ▲ 43.4% |
| Amounts payable within one year42/48 | €86,624 | €66,164 | €87,832 | €129,674 | ▲ 47.6% |
| Current portion of amounts payable after more than one year42 | - | €15,305 | €21,214 | €30,731 | ▲ 44.9% |
| Financial debts43 | - | €0 | - | - | - |
| Credit institutions430/8 | - | €0 | - | - | - |
| Trade debts44 | €32,937 | €44,409 | €46,286 | €70,699 | ▲ 52.7% |
| Suppliers440/4 | - | €44,409 | €46,286 | €70,699 | ▲ 52.7% |
| Advances received on contracts in progress46 | - | - | €5,180 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €3,783 | €15,152 | €28,244 | ▲ 86.4% |
| Taxes450/3 | - | €3,080 | €8,430 | €13,059 | ▲ 54.9% |
| Remuneration and social security454/9 | - | €703 | €6,722 | €15,185 | ▲ 126% |
| Other amounts payable47/48 | - | €2,666 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | €372 | €400 | ▲ 7.5% |
| Line | 2019 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,601 | €8,922 | €22,541 | -€25,299 | ▼ 212% |
| + Depreciation and write-downs630 | €12,671 | €13,453 | €16,725 | €19,994 | ▲ 19.5% |
| Operating cash flow (approximation) | €24,272 | €22,375 | €39,266 | -€5,305 | ▼ 114% |
| Investment in fixed assets (approximation) | - | - | -€50,741 | -€16,873 | ▲ 66.7% |
| Change in cash | - | - | -€28,303 | €9,288 | ▲ 133% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
05-12
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 01-12-2025
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 86 days late
2023
31-12
Financial
Weakest financial yearnet -€25,299
Net result drops to -€25,299, the lowest in the series.
23-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 54 days late
2022
31-12
Financial
Highest result since 2019net €22,541 ▲153%
Operating result €35,256, net result €22,541, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
SignalFinancial 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, Comblain-au-Pont · 1 establishment unit since 2018
Ground area
196 m²
Building footprint
66 m²
Volume, LiDAR
589 m³
Parcel 62026D1056/00L000, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DECO-BU SPRL
since 20182.282.800.869
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62026D1056/00L000 | Wallonia | 196 m² | 1 · 66 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALINE FAUFRA GRAND-ROUTE 35, 4610 BEYNE-
HEUSAY |
01-12-2025 → present |
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Of 7,868 companies in sector 43341 we hold annual accounts for 2,666. 2,134 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
31002Manufacture of furniture
31009Manufacture of furniture
43333Wallpapering and laying of floor and wall coverings in other materials
Contact
E-mail
buetjp@gmail.com
Phone
+32472527747
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.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.