Deco-DeKo
ActiveSummary
Deco-DeKo has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,048 and a net result of €12,908. Equity is growing by ~90.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-7
Solvency43▲+14
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.09 in 2024; short-term debt: 75% and cash: 4.9% of total assets), and 82% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Manufacture of textiles (NACE 13)
about 62% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18%
Return on assets
12.9%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
33 d early
2023
35 d early
2022
31 d early
← 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 25 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 June (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€18,048▲ 251%
2024 · €5,141
Total assets
€100,133▼ 17.2%
2024 · €120,898
Net result
€12,908▼ 42.6%
2024 · €22,480
Working capital
€7,806▼ 2.0%
2024 · €7,966
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 13, Manufacture of textiles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€26,460-€13,970€25,595▲ 83.2%€19,995▼ 21.9%
Net result-€30,037below the sector's middle half-€10,697within the sector's middle half€22,480above the sector's middle half▲ 110%€12,908within the sector's middle half▼ 42.6%
Equity-€28,037below the sector's middle half--€17,340below the sector's middle half▲ 38.2%€5,141below the sector's middle half€18,048within the sector's middle half▲ 251%
Total assets€76,497within the sector's middle half-€132,335within the sector's middle half▲ 73.0%€120,898within the sector's middle half▼ 8.6%€100,133within the sector's middle half▼ 17.2%
Debt€104,534-€149,675▲ 43.2%€115,758▼ 22.7%€82,085▼ 29.1%
Working capital€2,617within the sector's middle half--€729within the sector's middle half€7,966within the sector's middle half€7,806within the sector's middle half▼ 2.0%
Solvency-36.7%below the sector's middle half--13.1%below the sector's middle half▲ 23.5pp4.3%below the sector's middle half▲ 17.4pp18.0%within the sector's middle half▲ 13.8pp
Current ratio1.07within the sector's middle half-0.99within the sector's middle half▼ 0.081.09within the sector's middle half▲ 0.101.10within the sector's middle half▲ 0.01
Return on assets (ROA)-39.3%below the sector's middle half-8.1%within the sector's middle half▲ 47.3pp18.6%above the sector's middle half▲ 10.5pp12.9%above the sector's middle half▼ 5.7pp
above
within
below
the middle half (P25 to P75) of NACE 13, Manufacture of textiles, 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 falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100,133
Fixed assets
€17,272 ▼ 28.4%
Current assets
€82,861 ▼ 14.4%
Equity and liabilities €100,133
Equity
€18,048 ▲ 251%
Debt
€82,085 ▼ 29.1%
Debt's share of the balance-sheet total falls from 95.7% to 82.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26,831▼
2024 · €32,430
Cash flow
€19,743▼
2024 · €29,316
Quick ratio
0.32▼
2024 · 0.65
Debt to equity
4.55▼
2024 · 22.52
ROE
71.5%▼
2024 · 437.3%
Interest coverage
9.44▼
2024 · 10.57
Debt ≤ 1 year
€75,055▼
2024 · €88,825
Debt > 1 year
€7,030▼
2024 · €26,933
Income taxes
€4,641▲
2024 · €324
Staff costs
€11,880▲
2024 · €1,005
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
3.6%
went bankrupt
1.8%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €1,005 | €11,880 | ▲ 1,082% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,470 | €6,050 | €6,835 | €6,836 | = |
| Other operating charges640/8 | €563 | €358 | €756 | €874 | ▲ 15.7% |
| Gross operating margin9900 | -€23,427 | €20,378 | €34,191 | €39,585 | ▲ 15.8% |
| Operating profit (loss)9901 | -€26,460 | €13,970 | €25,595 | €19,995 | ▼ 21.9% |
| Financial income75/76B | €62 | €202 | €278 | €394 | ▲ 42.0% |
| Recurring financial income75 | €62 | €202 | €278 | €394 | ▲ 42.0% |
| Financial charges65/66B | €3,639 | €3,475 | €3,068 | €2,841 | ▼ 7.4% |
| Recurring financial charges65 | €3,639 | €3,475 | €3,068 | €2,841 | ▼ 7.4% |
| Profit (loss) for the period before taxes9903 | -€30,037 | €10,697 | €22,804 | €17,549 | ▼ 23.0% |
| Income taxes67/77 | - | - | €324 | €4,641 | ▲ 1,333% |
| Profit (loss) for the period9904 | -€30,037 | €10,697 | €22,480 | €12,908 | ▼ 42.6% |
| Profit (loss) for the period to be appropriated9905 | -€30,037 | €10,697 | €22,480 | €12,908 | ▼ 42.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €76,497 | €132,335 | €120,898 | €100,133 | ▼ 17.2% |
| Fixed assets21/28 | €36,293 | €29,643 | €24,108 | €17,272 | ▼ 28.4% |
| Intangible fixed assets21 | €9,461 | €7,631 | €5,635 | €3,640 | ▼ 35.4% |
| Tangible fixed assets22/27 | €24,332 | €20,112 | €16,573 | €11,732 | ▼ 29.2% |
| Plant, machinery and equipment23 | €6,411 | €5,091 | €3,652 | €2,212 | ▼ 39.4% |
| Furniture and vehicles24 | €3,813 | €3,274 | €2,707 | €2,141 | ▼ 20.9% |
| Other tangible fixed assets26 | €14,108 | €11,747 | €10,214 | €7,379 | ▼ 27.8% |
| Financial fixed assets28 | €2,500 | €1,900 | €1,900 | €1,900 | = |
| Current assets29/58 | €40,205 | €102,692 | €96,790 | €82,861 | ▼ 14.4% |
| Stocks and contracts in progress3 | €23,358 | €31,217 | €38,897 | €58,980 | ▲ 51.6% |
| Stocks30/36 | €23,358 | €31,217 | €38,897 | €49,680 | ▲ 27.7% |
| Contracts in progress37 | - | - | - | €9,300 | - |
| Amounts receivable within one year40/41 | €4,356 | €34,650 | €41,026 | €18,445 | ▼ 55.0% |
| Trade receivables40 | €1,045 | €34,335 | €31,031 | €3,559 | ▼ 88.5% |
| Other amounts receivable41 | €3,311 | €314 | €9,996 | €14,886 | ▲ 48.9% |
| Cash at bank and in hand54/58 | €10,723 | €34,205 | €13,831 | €4,930 | ▼ 64.4% |
| Deferred charges and accrued income490/1 | €1,768 | €2,621 | €3,036 | €506 | ▼ 83.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €76,497 | €132,335 | €120,898 | €100,133 | ▼ 17.2% |
| Equity10/15 | -€28,037 | -€17,340 | €5,141 | €18,048 | ▲ 251% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€30,037 | -€19,340 | €3,141 | €16,048 | ▲ 411% |
| Amounts payable17/49 | €104,534 | €149,675 | €115,758 | €82,085 | ▼ 29.1% |
| Amounts payable after more than one year17 | €65,005 | €46,254 | €26,933 | €7,030 | ▼ 73.9% |
| Financial debts170/4 | €65,005 | €46,254 | €26,933 | €7,030 | ▼ 73.9% |
| Amounts payable within one year42/48 | €37,587 | €103,421 | €88,825 | €75,055 | ▼ 15.5% |
| Current portion of amounts payable after more than one year42 | €18,210 | €18,752 | €19,321 | €19,903 | ▲ 3.0% |
| Financial debts43 | - | - | - | €4,738 | - |
| Credit institutions430/8 | - | - | - | €4,738 | - |
| Trade debts44 | €17,149 | €65,270 | €61,448 | €43,159 | ▼ 29.8% |
| Suppliers440/4 | €17,149 | €65,270 | €61,448 | €43,159 | ▼ 29.8% |
| Advances received on contracts in progress46 | €2,200 | €8,241 | €0 | - | - |
| Taxes, remuneration and social security45 | €29 | €11,159 | €8,056 | €7,254 | ▼ 10.0% |
| Taxes450/3 | €29 | €11,159 | €8,056 | €7,254 | ▼ 10.0% |
| Accrued charges and deferred income492/3 | €1,942 | €0 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€30,037 | €10,697 | €22,480 | €12,908 | ▼ 42.6% |
| + Depreciation and write-downs630 | €2,470 | €6,050 | €6,835 | €6,836 | = |
| Operating cash flow (approximation) | -€27,567 | €16,747 | €29,316 | €19,743 | ▼ 32.7% |
| Investment in fixed assets (approximation) | - | €600 | -€1,300 | €0 | ▲ 100% |
| Change in cash | - | €23,482 | -€20,374 | -€8,900 | ▲ 56.3% |
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
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €22,480 ▲110%
Operating result €25,595, net result €22,480, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €10,697
Net result €10,697 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial 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, Herk-de-Stad · 1 establishment unit since 2021
Ground area
2,527 m²
Building footprint
410 m²
Volume, LiDAR
628 m³
2 parcels, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Deco-DeKo
since 20212.324.656.270
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71051C0711/00N000 | Flanders | 1,450 m² | 1 · 140 m² | 7.4 m · 1 fl. |
| 71003B0436/00B000 | Flanders | 1,076 m² | 1 · 269 m² | 4.2 m |
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.
Similar companies · same sector, comparable size
PEL TEXTILES
BE 0708.869.664
Brussel · Eq €17,649
LEFEBVRE SAILMAKERS
BE 0748.993.913
Oostende · Eq €17,223
Atelier De Graeve
BE 0782.326.081
Destelbergen · Eq €17,049
GORDIJNENHUIS RIA
BE 0873.724.926
Herk-de-Stad · Eq €15,985
Decoressos
BE 0446.733.104
Braine-l'Alleud · Eq €15,956
Of 598 companies in sector 13929 we hold annual accounts for 236. 96 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
Founded02-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
13929Manufacture of textiles
47530Retail trade
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31009Manufacture of furniture
47551Retail sale of household furniture
74130Interior design
74140Other specialised design activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0777967417
Also
9925:BE0777967417
Registered
22-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.