DECO DESMET

Active

Private limited companyfounded 20206 yrs activeFazantenlaan 53, 8210 Zedelgem, BelgiumKBO/BCE: BE 0752.984.769

The computed 12-month bankruptcy probability of DECO DESMET is 2.6% (moderate). The 2025 annual accounts show equity of €18k and a net result of €-4k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 29% of 27446 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

35 / 100

Weak▼ -31 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-70

Solvency38=

Growth32▼-20

Stability100

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity short (current ratio 0.76 against 0.86 in 2024), and 71.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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 2025

Solvency, return and age of the figures

Solvency

28.2%

Return on assets

-6.6%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

28 d early

2024

21 d early

2023

22 d early

2022

32 d early

2021

2 d early

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 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 2025, micro schema

Equity

€18k▼ 19.1%

2024 · €22k

2021: €19k 2022: €16k 2023: €19k 2024: €22k

2021 → 2025

Total assets

€62k▼ 22.7%

2024 · €81k

2021: €62k 2022: €39k 2023: €119k 2024: €81k

2021 → 2025

Net result

€-4k

2024 · €3k

2021: €14k 2022: €-3k 2023: €2k 2024: €3k

2021 → 2025

Working capital

€-6k▼ 77.9%

2024 · €-3k

2021: €155 2022: €-3k 2023: €-22k 2024: €-3k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€19k-€16k▼ 14.0%€19k▲ 14.4%€22k▲ 16.4%€18k▼ 19.1%

Operating result€20k-€-1k€6k€10k▲ 55.7%€-633

Net result€14k-€-3k€2k€3k▲ 30.0%€-4k

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 2025: a loss of €633 after €10k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €62k

70.0%

30.0%

Fixed assets €44k▼ 28.1%

Current assets €19k▼ 6.0%

Equity and liabilities €62k

28.2%

71.8%

Equity €18k▼ 19.1%

Debt €45k▼ 24.0%

The debt ratio falls from 73.0% to 71.8%: debt falls faster than equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€18k▼

2024 · €30k

Cash flow

€14k▼

2024 · €23k

Solvency

28.2%▲

2024 · 27.0%

Current ratio

0.76▼

2024 · 0.86

Quick ratio

0.76▲

2024 · 0.72

Debt / equity

2.54▼

2024 · 2.71

ROE

-23.5%▼

2024 · 14.1%

ROA

-6.6%▼

2024 · 3.8%

Interest coverage

6.60▼

2024 · 7.74

Debt

€45k▼

2024 · €59k

Debt ≤ 1 year

€25k▲

2024 · €23k

Debt > 1 year

€20k▼

2024 · €35k

Income taxes

€961▼

2024 · €3k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€81k€62k▼

Fixed assets21/28€61k€44k▼

Tangible fixed assets22/27€61k€44k▼

Plant, machinery and equipment23€3k€1k▼

Furniture and vehicles24€58k€42k▼

Current assets29/58€20k€19k▼

Stocks and contracts in progress3€3k-

Contracts in progress37€3k-

Amounts receivable within one year40/41€15k€13k▼

Trade receivables40€12k€10k▼

Other amounts receivable41€4k€3k▼

Cash at bank and in hand54/58€1k€6k▲

Equity and liabilities

Total equity and liabilities10/49€81k€62k▼

Equity10/15€22k€18k▼

Contributions10/11€5k€5k=

Reserves13€17k€17k=

Distributable reserves133€17k€17k=

Profit (loss) carried forward14-€-4k

Amounts payable17/49€59k€45k▼

Amounts payable after more than one year17€35k€20k▼

Financial debts170/4€35k€20k▼

Amounts payable within one year42/48€23k€25k▲

Current portion of amounts payable after more than one year42€15k€15k▲

Trade debts44€2k€723▼

Suppliers440/4€2k€723▼

Taxes, remuneration and social security45€1k-

Remuneration and social security454/9€1k-

Other amounts payable47/48€5k€9k▲

Accrued charges and deferred income492/3€300-

Income statement Code20242025

Non-recurring operating income76A€4k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€18k▼

Other operating charges640/8€2k€2k▼

Gross operating margin9900€32k€19k▼

Operating profit (loss)9901€10k€-633▼

Financial income75/76B€247€118▼

Recurring financial income75€247€118▼

Financial charges65/66B€4k€3k▼

Recurring financial charges65€4k€3k▼

Profit (loss) for the period before taxes9903€6k€-3k▼

Income taxes67/77€3k€961▼

Profit (loss) for the period9904€3k€-4k▼

Profit (loss) for the period to be appropriated9905€3k€-4k▼

Appropriation of the result

Profit (loss) to be appropriated9906€3k€-4k▼

Profit (loss) brought forward from the previous period14P€-298-

Transfer to equity691/2€3k-

To other reserves6921€3k-

The notes to these accounts (9 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 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

03-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €-4k ▼236%

Net result drops to €-4k, the lowest in the series.

10-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

09-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Back to profitnet €2k

Net result €2k after one loss-making year.

29-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

29-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

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

Directors · office · real estate

Directors

5 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, Zedelgem · 1 establishment unit since 2020

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.

Fazantenlaan 538210 Zedelgem

Ground area

1,149 m²

Building footprint

177 m²

Volume, LiDAR

501 m³

Parcel 31040B0476/00M002, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

DECO DESMET

Fazantenlaan 53, 8210 ZedelgemWallpapering and laying of floor and wall coverings in other materials

since 20202.306.240.227

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31040B0476/00M002	Flanders	1,149 m²	1 · 177 m²	5.6 m · 1 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.

Similar companies · same sector, comparable size

GAUWLOOS

BE 0472.181.449

Waasmunster · Eq €18k

SCHILDERWERKEN VERSTRAETE KOEN

BE 1003.546.558

Lichtervelde · Eq €18k

Maarten De Wilde

BE 0805.478.793

Lokeren · Eq €18k

Of 7,817 companies in sector 43341 we hold annual accounts for 2,639. 1,966 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded26-08-2020

Fiscal year end31-12

Activities, NACEBEL

43341Painting of buildings

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

Website:www.decodesmet.be

Enterprise

E-mail:info@decodesmet.be

Enterprise