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DECO DREAM LOCATION

Active
Private limited companyfounded 2019active for 6 yearsGustave Demanetstraat 76, 1020 Brussel, BelgiumKBO/BCE: BE 0737.405.480
Summary

The computed 12-month bankruptcy probability of DECO DREAM LOCATION is 11.2% (high). The 2024 annual accounts show negative equity (-€7,639) and a net result of -€2,885. Equity remains stable across the filed financial years (±2.2% per year). Its solvency ranks better than 13% of 2,011 sector peers (NACE 77, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Renting and leasing of other personal and household goods
NACE 77229
1 site
Size
€20,605total assets 2024
Equity
-€7,639
Loss
-€2,885
Turnover not published (micro format)
Financial health
30 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
11.2%
Structure
Accounts 82 days overdue1 of 2 deeds read
Why 30raises risk1 financial year not filed after the legal deadline; latest accounts 120 days late; 3 of the last 3 late1 change of registered office in 24 monthsFigures for financial year 2024 (filed 05-12-2025)Founded in 2019Show the evidence

Checked score

Score 2024
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 25% of its sector peers (NACE 77, micro)
Financial strength · tick = 2023
Weak
Solvency 0-5
equity -37.1% of total assets
Liquidity 16+13
short-term debt 137.1% · cash 12.4%
Profitability 2-60
return on assets -14.0%
Bankruptcy probability, 12 months
11.2% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,162 companies, NACE 77, micro)
Last 24 months 11-2024: 7.2% 12-2024: 3.7%▼ -3.5 percentage points vs 11-2024 01-2025: 3.7%● unchanged vs 12-2024 02-2025: 3.6%▼ -0.1 percentage points vs 01-2025 03-2025: 3.6%● unchanged vs 02-2025lowest value 04-2025: 3.6%● unchanged vs 03-2025 05-2025: 3.6%● unchanged vs 04-2025 06-2025: 3.7%▲ +0.1 percentage points vs 05-2025 07-2025: 3.7%● unchanged vs 06-2025 08-2025: 7.7%▲ +4.0 percentage points vs 07-2025 09-2025: 8.5%▲ +0.8 percentage points vs 08-2025 10-2025: 11.5%▲ +3.0 percentage points vs 09-2025 11-2025: 11.7%▲ +0.2 percentage points vs 10-2025 12-2025: 12.7%▲ +1.0 percentage point vs 11-2025highest value 01-2026: 6.2%▼ -6.5 percentage points vs 12-2025 02-2026: 6.2%● unchanged vs 01-2026 03-2026: 6.3%▲ +0.1 percentage points vs 02-2026 04-2026: 6.7%▲ +0.4 percentage points vs 03-2026 05-2026: 6.8%▲ +0.1 percentage points vs 04-2026 06-2026: 6.5%▼ -0.3 percentage points vs 05-2026 07-2026: 6.5%● unchanged vs 06-2026 08-2026: 7.3%▲ +0.8 percentage points vs 07-2026 09-2026: 8.0%▲ +0.7 percentage points vs 08-2026 10-2026: 11.2%▲ +3.2 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.73, compared with 0.45 in 2023, below 1; short-term debt: 137.1% and cash: 12.4% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro): better than 7% on solvency, 15% on liquidity, 13% on profitability and 66% on growth.

The bankruptcy probability was computed on 21-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 120 days late; 3 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 05-12-2025)
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2021222324
2020 to 2024 · latest year -€7,639
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 82 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline21-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 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 · 5 filings
Deviation from the deadline
2025
not filed
2024
120 days late
2023
99 days late
2022
121 days late
2021
76 days late
2020
105 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 104 days after the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Resignation: Youssef Farouni (director)Appointment: Mohamed Benani (director) ·…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€7,639 View
  • Risk: 5 loss-making years in a rowloss financial year 2024 -€2,885 View
  • Caution: Among the weakest 14% on solvencysector median 31.4% · 2,011 companies -37.1% View
  • Caution: Accounts not fileddeadline was 31-07-2026 82 days late View

By topic

Financials

Financial year
2024
Total assets
€20,605
Loss
-€2,885
Solvency
-37.1%
Total assets▼ 52.3%
Net result
20202024
Go to Financials

Timeline

Events
7
Since
2021
  1. 29-11-2023Annual accounts filed
  2. 15-10-2022Annual accounts filed
  3. 31-12-2021Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and leasing of other personal and household…NACE 77229
Founded
05-11-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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