Deco D Construct
ActiveSummary
The computed 12-month bankruptcy probability of Deco D Construct is 12.0% (high). 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 about 27% per year across the filed financial years. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Activity not known1 site
Size
€106,520total assets 2023
- Equity
- €54,845
- Loss
- -€10,350
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 12.0%
2023 figures too old to score
Structure
2024 accounts not filed, 453 days past the deadline1 of 3 deeds summarised
Signalsraises riskFigures for financial year 2023 (filed 24-12-2024)2 financial years not filed after the legal deadline; last filed accounts filed 146 days late; 2 of the last 3 lateLoss of €10,350 (financial year 2023)Two or more financial years not filed2023 accounts filed 146 days lateAdministrative warnings in the KBO publicationslowers riskSize: total assets €106,520Show the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
76+4
equity 51.5% of total assets
Liquidity
29-14
short-term debt 48.5% · cash 2.7%
Profitability
7-93
return on assets -9.7%
Bankruptcy probability, 12 months
12.0%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 9.2%
12-2024: 10.3%▲ +1.1 percentage points vs 11-2024
01-2025: 6.3%▼ -4.0 percentage points vs 12-2024lowest value
02-2025: 6.3%● unchanged vs 01-2025lowest value
03-2025: 6.6%▲ +0.3 percentage points vs 02-2025
04-2025: 7.0%▲ +0.4 percentage points vs 03-2025
05-2025: 6.8%▼ -0.2 percentage points vs 04-2025
06-2025: 7.6%▲ +0.8 percentage points vs 05-2025
07-2025: 7.7%▲ +0.1 percentage points vs 06-2025
08-2025: 8.6%▲ +0.9 percentage points vs 07-2025
09-2025: 9.0%▲ +0.4 percentage points vs 08-2025
10-2025: 13.3%▲ +4.3 percentage points vs 09-2025
11-2025: 13.6%▲ +0.3 percentage points vs 10-2025
12-2025: 14.6%▲ +1.0 percentage point vs 11-2025
01-2026: 17.8%▲ +3.2 percentage points vs 12-2025
02-2026: 17.8%● unchanged vs 01-2026
03-2026: 18.5%▲ +0.7 percentage points vs 02-2026highest value
04-2026: 18.0%▼ -0.5 percentage points vs 03-2026
05-2026: 18.0%● unchanged vs 04-2026
06-2026: 17.8%▼ -0.2 percentage points vs 05-2026
07-2026: 17.8%● unchanged vs 06-2026
08-2026: 18.2%▲ +0.4 percentage points vs 07-2026
09-2026: 18.2%● unchanged vs 08-2026
10-2026: 12.0%▼ -6.2 percentage points vs 09-2026
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Signals
Seven signals.
lowers riskraises risk
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 year end31-07-2025 deadline27-10-2026 today
raises risk · 2023 accounts filed 146 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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
146 days late
2022
29 days late
2021
100 days late
2020
138 days 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
- Judicial dissolution and immediate closureEnterprise Court of Brussels ·…
- Annual accounts filedfinancial year 2023 · micro…
- Address strikeout annulledKBO administration
Financials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 27 October 2026.
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
2020 to 2023, 4 financial years
The operating result turns negative in 2023: a loss of €10,879 after €54,199 in 2022, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€10,879
2023
Net result-€10,350
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€106,520
2023
Equity€54,845
2023
Debt€51,675
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€52,192
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial 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%
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 | - |
| Operating profit (loss)9901 | €38,697 | €56,375 | €54,199 | -€10,879 | - |
| 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 | - |
| Income taxes67/77 | €7,300 | €6,156 | €4,875 | - | - |
| Profit (loss) for the period9904 | €25,441 | €48,313 | €45,441 | -€10,350 | - |
| Profit (loss) for the period to be appropriated9905 | €25,441 | €48,313 | €45,441 | -€10,350 | - |
| 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 | - |
| + Depreciation and write-downs630 | - | €734 | €1,423 | €2,002 | ▲ 40.7% |
| Operating cash flow (approximation) | €25,441 | €49,047 | €46,864 | -€8,348 | - |
| 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.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 24-12-2024 | 2024-00624954 |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00405789 |
| 31-12-2021 | micro format | 08-11-2022 | 2022-20516424 |
| 31-12-2020 | micro format | 16-12-2021 | 2021-80400482 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 1 of 3 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2025
06-02
Bankruptcy
Judicial dissolution and immediate closure
Enterprise Court of Brussels · judgment of 31-01-2025
2024
24-12
NBB filing
Annual accounts filed
financial year 2023 · micro format · 146 days late
25-10
KBO administration
Address strikeout annulled
22-10
Gazette deed
Registered officeRegistered-office move2 facts ▸
Gazette deed
Registered office
Registered-office move2 facts ▸
- Registered-office move, 1730 Asse Zavelstraat 1
- Board meeting, 11-04-2024
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
financial year 2022 · micro format · 29 days late
2022
08-11
NBB filing
Annual accounts filed
financial year 2021 · micro format · 100 days late
2021
31-12
Financial
Highest result from 2020 to 2023net €48,313 ▲89.9%
Operating result €56,375, net result €48,313, both a record.
16-12
NBB filing
Annual accounts filed
financial year 2020 · micro format · 138 days late
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded18-06-2019
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728589665
Registered
14-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 2019
Ground area
1,022 m²
Building footprint
363 m²
Building volume
1,763 m³
2 parcels, Flanders · tallest building 8.8 m. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Deco D Construct
since 2019unit no. 2.293.588.853
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23079B0408/00G000 | Flanders | 894 m² | 1 · 235 m² | 6.0 m · 1 |
| 23006A0336/00F000 | Flanders | 127 m² | 1 · 127 m² | 8.8 m · 2 |
How the parcels are linked
Good to know
Both parcels match the address exactly.