DECO CONSTRUCT

Open bankruptcy

Private limited companyfounded 2022Celestijnenlaan 15, 3001 Leuven, BelgiumKBO/BCE: BE 0784.257.767

A bankruptcy procedure is open for DECO CONSTRUCT according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €39k and a net result of €21k.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-06-2025, 33 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

33 d early

2023

28 d late

2022

32 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

€86k

EBIT margin

7.7%

Net result

€21k▲ 86.0%

2023 · €11k

2022: €5k 2023: €11k

2022 → 2024

Working capital

€18k▲ 166%

2023 · €7k

2022: €29k 2023: €7k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Turnover€86k-

Equity€7k-€18k▲ 163%€39k▲ 115%

Operating result€7k-€17k▲ 159%€28k▲ 62.7%

Net result€5k-€11k▲ 116%€21k▲ 86.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen two years in a row; 2024 is 63% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €69k

31.7%

68.3%

Fixed assets €22k▲ 17.5%

Current assets €47k▲ 16.8%

Equity and liabilities €69k

56.7%

43.3%

Equity €39k▲ 115%

Debt €30k▼ 26.8%

The debt ratio falls from 69.2% to 43.3%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€40k▲

2023 · €25k

Cash flow

€33k▲

2023 · €19k

Solvency

56.7%▲

2023 · 30.8%

Current ratio

1.64▲

2023 · 1.21

Quick ratio

1.64▲

2023 · 1.21

Debt / equity

0.76▼

2023 · 2.24

ROE

53.5%▼

2023 · 61.9%

ROA

30.3%▲

2023 · 19.1%

Interest coverage

15.85▼

2023 · 17.27

Debt

€30k▼

2023 · €41k

Debt ≤ 1 year

€29k▼

2023 · €33k

Debt > 1 year

€1k▼

2023 · €7k

Income taxes

€6k▲

2023 · €4k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€59k€69k▲

Fixed assets21/28€19k€22k▲

Tangible fixed assets22/27€16k€19k▲

Furniture and vehicles24€16k€19k▲

Financial fixed assets28€3k€3k=

Current assets29/58€40k€47k▲

Amounts receivable within one year40/41€37k€44k▲

Trade receivables40€32k€800▼

Other amounts receivable41€5k€43k▲

Cash at bank and in hand54/58€718€62▼

Deferred charges and accrued income490/1€3k€3k▼

Equity and liabilities

Total equity and liabilities10/49€59k€69k▲

Equity10/15€18k€39k▲

Contributions10/11€2k€2k=

Profit (loss) carried forward14€16k€37k▲

Amounts payable17/49€41k€30k▼

Amounts payable after more than one year17€7k€1k▼

Financial debts170/4€7k€1k▼

Amounts payable within one year42/48€33k€29k▼

Current portion of amounts payable after more than one year42€6k€7k▲

Financial debts43-€1k

Credit institutions430/8-€1k

Trade debts44€19k€11k▼

Suppliers440/4€19k€11k▼

Taxes, remuneration and social security45€6k€10k▲

Taxes450/3€6k€10k▲

Other amounts payable47/48€2k€0▼

Accrued charges and deferred income492/3€0-

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€12k▲

Other operating charges640/8€386€531▲

Gross operating margin9900€25k€40k▲

Operating profit (loss)9901€17k€28k▲

Financial income75/76B€50€1k▲

Recurring financial income75€50€1k▲

Financial charges65/66B€1k€3k▲

Recurring financial charges65€1k€3k▲

Profit (loss) for the period before taxes9903€16k€26k▲

Income taxes67/77€4k€6k▲

Profit (loss) for the period9904€11k€21k▲

Profit (loss) for the period to be appropriated9905€11k€21k▲

Appropriation of the result

Profit (loss) to be appropriated9906€16k€37k▲

Profit (loss) brought forward from the previous period14P€5k€16k▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Signals 1Financial 1Filings 3

2025

05-11

Bankruptcy Opening

Ondernemingsrechtbank Leuven · DECO CONSTRUCT BV CELESTIJNENLAAN 15/701, 3001 HEVERLEE · event 30-10-2025

28-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2022net €21k ▲86%

Operating result €28k, net result €21k, both a record.

28-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 28 days late

2023

01-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 32 days late

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Leuven · 1 establishment unit since 2022

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Celestijnenlaan 153001 Leuven

Ground area

3,876 m²

Building footprint

684 m²

Volume, LiDAR

16,641 m³

Parcel 24432D0070/00M002, Flanders · tallest building 27.6 m, ±8 floors. Linked by address, not a title deed.

1 establishment unit

DECO CONSTRUCT

Celestijnenlaan 15, 3001 LeuvenGeneral construction of buildings

since 20222.330.582.178

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24432D0070/00M002	Flanders	3,876 m²	1 · 684 m²	27.6 m · 8 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

2 mandates

Role	Name	Tenure
Curator	ANOUK DE VLEESHOUWER ENGELANDSTRAAT 61, 3290 DIEST ↔ Also on 260 other cases	30-10-2025 → present
Curator	ELS VAN ERUM ENGELAND- STRAAT 61, 3290 DIEST	30-10-2025 → present