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Deco Interiors

Active
Private limited companyfounded 20233 yrs activeSionkloosterlaan 22, 2930 Brasschaat, BelgiumKBO/BCE: BE 0801.425.282
Summary

The computed 12-month bankruptcy probability of Deco Interiors is 3.0% (moderate). The 2024 annual accounts show equity of €31,711 and a net result of €3,369. Its solvency ranks better than 81% of 36381 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability79
Solvency100
Growth-
Track record79
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 3.86; short-term debt: 25% and cash: 0.6% of total assets), and 25% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
75%
Return on assets
8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 31 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 4 May 2023, Deco Interiors was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€31,711
Total assets
€42,277
Net result
€3,369
Working capital
€30,220

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €42,277
Fixed assets €1,491
Current assets €40,787
Equity and liabilities €42,277
Equity €31,711
Debt €10,566
Debt finances 25.0% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€4,886
Cash flow
€3,599
Current ratio
3.86
Debt to equity
0.33
ROE
10.6%
ROA
8.0%
Interest coverage
42.63
Debt ≤ 1 year
€10,566
Income taxes
€1,173

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.0% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,278 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
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€42,277
Fixed assets21/28€1,491
Tangible fixed assets22/27€1,491
Plant, machinery and equipment23€1,491
Current assets29/58€40,787
Amounts receivable within one year40/41€40,515
Trade receivables40€1,581
Other amounts receivable41€38,935
Cash at bank and in hand54/58€271
Equity and liabilities
Total equity and liabilities10/49€42,277
Equity10/15€31,711
Contributions10/11€2,500
Reserves13€29,211
Distributable reserves133€29,211
Amounts payable17/49€10,566
Amounts payable within one year42/48€10,566
Trade debts44€686
Suppliers440/4€686
Taxes, remuneration and social security45€9,881
Taxes450/3€9,881
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€229
Other operating charges640/8€626
Gross operating margin9900€5,512
Operating profit (loss)9901€4,657
Financial charges65/66B€115
Recurring financial charges65€115
Profit (loss) for the period before taxes9903€4,542
Income taxes67/77€1,173
Profit (loss) for the period9904€3,369
Profit (loss) for the period to be appropriated9905€3,369
Appropriation of the result
Profit (loss) to be appropriated9906€3,369
Transfer to equity691/2€3,369
To other reserves6921€3,369

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€229
Other operating charges640/8€626
Gross operating margin9900€5,512
Operating profit (loss)9901€4,657
Financial charges65/66B€115
Recurring financial charges65€115
Profit (loss) for the period before taxes9903€4,542
Income taxes67/77€1,173
Profit (loss) for the period9904€3,369
Profit (loss) for the period to be appropriated9905€3,369
Line2024
Assets
Total assets20/58€42,277
Fixed assets21/28€1,491
Tangible fixed assets22/27€1,491
Plant, machinery and equipment23€1,491
Current assets29/58€40,787
Amounts receivable within one year40/41€40,515
Trade receivables40€1,581
Other amounts receivable41€38,935
Cash at bank and in hand54/58€271
Equity and liabilities
Total equity and liabilities10/49€42,277
Equity10/15€31,711
Contributions10/11€2,500
Reserves13€29,211
Distributable reserves133€29,211
Amounts payable17/49€10,566
Amounts payable within one year42/48€10,566
Trade debts44€686
Suppliers440/4€686
Taxes, remuneration and social security45€9,881
Taxes450/3€9,881
Line2024
Profit (loss) for the period9904€3,369
+ Depreciation and write-downs630€229
Operating cash flow (approximation)€3,599

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
NBB filing
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, Brasschaat · 1 establishment unit since 2023
seat establishment approximate The establishment unit on the map
Ground area
9,299 m²
Parcel 11008A0106/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
Deco Interiors
Sionkloosterlaan 22, 2930 BrasschaatManufacture of furniture
since 20232.348.953.384
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11008A0106/00G000 Flanders 9,299 m² - -
Linked by address, not proof of ownership
Good to know
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

Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. 6,872 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
Founded04-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
31001Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
41001General construction of residential buildings
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0801425282
Also 9925:BE0801425282
Registered 26-02-2024

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.