Deco D Construct
ActiveSummary
The computed 12-month bankruptcy probability of Deco D Construct is 4.3% (elevated). For Deco D Construct, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €54,845 and a net result of -€10,350. Equity is growing by ~27.3% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability7▼-93
Solvency76▲+4
Growth52▼-26
Track record92
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
51.5%
Return on assets
-9.7%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-12-2024, 146 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
146 d late
2022
29 d late
2021
100 d late
2020
138 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 103 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address strikeout annulled
History
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Financials · fiscal year 2023, micro schema
Turnover
€326,220
EBIT margin
11.9%
Net result
-€10,350
2022 · €45,441
Working capital
€52,192▼ 14.8%
2022 · €61,240
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202120222023
Turnover€326,220-
Operating result€38,697-€56,375▲ 45.7%€54,199▼ 3.9%-€10,879
Net result€25,441-€48,313▲ 89.9%€45,441▼ 5.9%-€10,350
EBIT margin11.9%-
Equity€27,441-€45,754▲ 66.7%€65,195▲ 42.5%€54,845▼ 15.9%
Total assets€58,861-€145,601▲ 147%€138,551▼ 4.8%€106,520▼ 23.1%
Debt€31,420-€99,847▲ 218%€73,356▼ 26.5%€51,675▼ 29.6%
Working capital€27,441-€41,854▲ 52.5%€61,240▲ 46.3%€52,192▼ 14.8%
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 €10,879 after €54,199 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €106,520
Fixed assets
€2,653 ▼ 32.9%
Current assets
€103,867 ▼ 22.8%
Equity and liabilities €106,520
Equity
€54,845 ▼ 15.9%
Debt
€51,675 ▼ 29.6%
Debt's share of the balance-sheet total falls from 52.9% to 48.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€8,877▼
2022 · €55,622
Cash flow
-€8,348▼
2022 · €46,864
Current ratio
2.01▲
2022 · 1.83
Debt to equity
0.94▼
2022 · 1.13
ROE
-18.9%▼
2022 · 69.7%
ROA
-9.7%▼
2022 · 32.8%
Interest coverage
-2.08▼
2022 · 9.97
Debt ≤ 1 year
€51,675▼
2022 · €73,356
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Turnover70 | €326,220 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €734 | €1,423 | €2,002 | ▲ 40.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €882 | - | - | - |
| Other operating charges640/8 | - | - | €3,876 | €7,072 | ▲ 82.5% |
| Gross operating margin9900 | €40,179 | €57,991 | €59,498 | -€1,805 | ▼ 103% |
| Operating profit (loss)9901 | €38,697 | €56,375 | €54,199 | -€10,879 | ▼ 120% |
| Financial income75/76B | - | €10,017 | €1,698 | €4,791 | ▲ 182% |
| Recurring financial income75 | €984 | €10,017 | €1,698 | €4,791 | ▲ 182% |
| Financial charges65/66B | - | €11,923 | €5,581 | €4,263 | ▼ 23.6% |
| Recurring financial charges65 | €6,940 | €11,923 | €5,581 | €4,263 | ▼ 23.6% |
| Profit (loss) for the period before taxes9903 | €32,741 | €54,469 | €50,316 | -€10,350 | ▼ 121% |
| Income taxes67/77 | €7,300 | €6,156 | €4,875 | - | - |
| Profit (loss) for the period9904 | €25,441 | €48,313 | €45,441 | -€10,350 | ▼ 123% |
| Profit (loss) for the period to be appropriated9905 | €25,441 | €48,313 | €45,441 | -€10,350 | ▼ 123% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €58,861 | €145,601 | €138,551 | €106,520 | ▼ 23.1% |
| Fixed assets21/28 | - | €3,900 | €3,955 | €2,653 | ▼ 32.9% |
| Intangible fixed assets21 | - | - | - | €582 | - |
| Tangible fixed assets22/27 | - | €3,900 | €3,955 | €2,071 | ▼ 47.6% |
| Plant, machinery and equipment23 | - | €3,059 | €3,431 | €1,864 | ▼ 45.7% |
| Furniture and vehicles24 | - | €841 | €524 | €207 | ▼ 60.5% |
| Current assets29/58 | €58,861 | €141,701 | €134,596 | €103,867 | ▼ 22.8% |
| Amounts receivable within one year40/41 | €22,481 | €109,853 | €110,681 | €100,894 | ▼ 8.8% |
| Trade receivables40 | - | - | - | €11,869 | - |
| Other amounts receivable41 | - | €109,853 | €110,681 | €89,025 | ▼ 19.6% |
| Cash at bank and in hand54/58 | €35,457 | €31,084 | €22,076 | €2,928 | ▼ 86.7% |
| Deferred charges and accrued income490/1 | - | €764 | €1,840 | €45 | ▼ 97.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €58,861 | €145,601 | €138,551 | €106,520 | ▼ 23.1% |
| Equity10/15 | €27,441 | €45,754 | €65,195 | €54,845 | ▼ 15.9% |
| Contributions10/11 | - | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €25,441 | €43,754 | €63,195 | €52,845 | ▼ 16.4% |
| Amounts payable17/49 | €31,420 | €99,847 | €73,356 | €51,675 | ▼ 29.6% |
| Amounts payable within one year42/48 | €31,420 | €99,847 | €73,356 | €51,675 | ▼ 29.6% |
| Trade debts44 | €24,120 | €47,598 | €24,686 | €34,165 | ▲ 38.4% |
| Suppliers440/4 | - | €47,598 | €24,686 | €34,165 | ▲ 38.4% |
| Advances received on contracts in progress46 | - | - | €11,314 | €11,314 | = |
| Taxes, remuneration and social security45 | - | €22,249 | €11,357 | €5,196 | ▼ 54.2% |
| Taxes450/3 | - | €22,249 | €11,357 | €5,196 | ▼ 54.2% |
| Other amounts payable47/48 | - | €30,000 | €26,000 | €1,000 | ▼ 96.2% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,441 | €48,313 | €45,441 | -€10,350 | ▼ 123% |
| + Depreciation and write-downs630 | - | €734 | €1,423 | €2,002 | ▲ 40.7% |
| Operating cash flow (approximation) | €25,441 | €49,047 | €46,864 | -€8,348 | ▼ 118% |
| Investment in fixed assets (approximation) | - | - | -€1,478 | -€700 | ▲ 52.6% |
| Change in cash | - | -€4,373 | -€9,008 | -€19,148 | ▼ 113% |
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
2024
24-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 146 days late
25-10
KBO administration
Address strikeout annulled
2023
31-12
Financial
Weakest financial yearnet -€10,350
Net result drops to -€10,350, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
2021
31-12
Financial
Highest result since 2020net €48,313 ▲89.9%
Operating result €56,375, net result €48,313, both a record.
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 138 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Asse · 1 establishment unit since 2019
Ground area
1,022 m²
Building footprint
363 m²
Volume, LiDAR
1,763 m³
2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Deco D Construct
since 20192.293.588.853
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23079B0408/00G000 | Flanders | 894 m² | 1 · 235 m² | 6.0 m · 1 fl. |
| 23006A0336/00F000 | Flanders | 127 m² | 1 · 127 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded18-06-2019
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728589665
Registered
14-02-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.