DECO-MAR SOLUTION
ActiveSummary
DECO-MAR SOLUTION has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,460 and a net result of €2,588. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-23
Solvency92▼-4
Growth22▼-16
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.66 against 3.43 in 2024; short-term debt: 33.3% and cash: 35.8% of total assets), and 33.3% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €26,460
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
5 d early
2022
1 d early
2021
5 d early
2020
23 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€87,792▼ 64.0%
2020 · €243,923
EBIT margin
-21.9%▼ 18.1pp
2020 · -3.7%
Net result
€2,588▼ 88.7%
2024 · €22,842
Working capital
€21,928▼ 8.1%
2024 · €23,872
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€87,792
Operating result€29,825-€19,190-€5,836▲ 69.6%€23,646€3,940▼ 83.3%
Net result€27,544-€19,460-€6,117▲ 68.6%€22,842€2,588▼ 88.7%
EBIT margin-21.9%
Equity€26,608▲ 26.3%€7,148▼ 73.1%€1,031▼ 85.6%€23,872▲ 2,216%€26,460▲ 10.8%
Total assets€74,495▲ 122%€10,900▼ 85.4%€3,220▼ 70.5%€33,705▲ 947%€39,648▲ 17.6%
Debt€47,887▲ 281%€3,752▼ 92.2%€2,189▼ 41.7%€9,833▲ 349%€13,188▲ 34.1%
Working capital€25,469▲ 53.8%€6,196▼ 75.7%€1,002▼ 83.8%€23,872▲ 2,283%€21,928▼ 8.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39,648
Fixed assets
€4,532
Current assets
€35,116
Equity and liabilities €39,648
Equity
€26,460 ▲ 10.8%
Debt
€13,188 ▲ 34.1%
Debt's share of the balance-sheet total rises from 29.2% to 33.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5,295▼
2024 · €23,675
Cash flow
€3,942▼
2024 · €22,870
Current ratio
2.66▼
2024 · 3.43
Debt to equity
0.50▲
2024 · 0.41
ROE
9.8%▼
2024 · 95.7%
ROA
6.5%▼
2024 · 67.8%
Interest coverage
17.28▼
2024 · 77.79
Debt ≤ 1 year
€13,188▲
2024 · €9,833
Income taxes
€1,048▲
2024 · €500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 26,964 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €87,792 | - | - | - | - |
| Non-recurring operating income76A | - | €1,240 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €109,164 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,679 | €771 | €509 | €29 | €1,355 | ▲ 4,582% |
| Other operating charges640/8 | - | €181 | €4,224 | €0 | €1,244 | - |
| Gross operating margin9900 | €35,873 | -€18,237 | -€1,103 | €23,675 | €6,538 | ▼ 72.4% |
| Operating profit (loss)9901 | €29,825 | -€19,190 | -€5,836 | €23,646 | €3,940 | ▼ 83.3% |
| Financial income75/76B | - | €0 | - | €0 | €2 | ▲ 12,300% |
| Recurring financial income75 | €21 | €0 | - | €0 | €2 | ▲ 12,300% |
| Financial charges65/66B | - | €270 | €280 | €304 | €306 | ▲ 0.7% |
| Recurring financial charges65 | €193 | €270 | €280 | €304 | €306 | ▲ 0.7% |
| Profit (loss) for the period before taxes9903 | €29,653 | -€19,459 | -€6,117 | €23,342 | €3,636 | ▼ 84.4% |
| Income taxes67/77 | €2,109 | €1 | - | €500 | €1,048 | ▲ 110% |
| Profit (loss) for the period9904 | €27,544 | -€19,460 | -€6,117 | €22,842 | €2,588 | ▼ 88.7% |
| Profit (loss) for the period to be appropriated9905 | €27,544 | -€19,460 | -€6,117 | €22,842 | €2,588 | ▼ 88.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €74,495 | €10,900 | €3,220 | €33,705 | €39,648 | ▲ 17.6% |
| Fixed assets21/28 | €1,139 | €951 | €29 | €0 | €4,532 | - |
| Tangible fixed assets22/27 | €1,139 | €951 | €29 | €0 | €4,532 | - |
| Plant, machinery and equipment23 | - | €413 | - | - | - | - |
| Furniture and vehicles24 | - | €538 | €29 | €0 | €4,532 | - |
| Current assets29/58 | €73,356 | €9,949 | €3,191 | €33,705 | €35,116 | ▲ 4.2% |
| Amounts receivable within one year40/41 | €7,654 | €5,322 | €1,786 | €13,399 | €20,917 | ▲ 56.1% |
| Trade receivables40 | - | €4,266 | €1,415 | €11,420 | €15,592 | ▲ 36.5% |
| Other amounts receivable41 | - | €1,056 | €371 | €1,979 | €5,325 | ▲ 169% |
| Cash at bank and in hand54/58 | €63,956 | €3,181 | €1,405 | €20,305 | €14,199 | ▼ 30.1% |
| Deferred charges and accrued income490/1 | - | €1,446 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €74,495 | €10,900 | €3,220 | €33,705 | €39,648 | ▲ 17.6% |
| Equity10/15 | €26,608 | €7,148 | €1,031 | €23,872 | €26,460 | ▲ 10.8% |
| Contributions10/11 | - | €12,400 | €12,400 | €14,260 | €14,260 | = |
| Outside capital11 | - | €12,400 | - | - | - | - |
| Other1109/19 | - | €12,400 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €5,000 | €7,500 | ▲ 50.0% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €5,000 | €7,500 | ▲ 50.0% |
| Profit (loss) carried forward14 | €12,348 | -€7,112 | -€13,229 | €4,612 | €4,700 | ▲ 1.9% |
| Amounts payable17/49 | €47,887 | €3,752 | €2,189 | €9,833 | €13,188 | ▲ 34.1% |
| Amounts payable within one year42/48 | €47,887 | €3,752 | €2,189 | €9,833 | €13,188 | ▲ 34.1% |
| Trade debts44 | €6,220 | €1,752 | €423 | €6,059 | €6,603 | ▲ 9.0% |
| Suppliers440/4 | - | €1,752 | €423 | €6,059 | €6,603 | ▲ 9.0% |
| Advances received on contracts in progress46 | - | - | €1,500 | €0 | - | - |
| Taxes, remuneration and social security45 | - | €2,000 | - | €2,500 | €5,598 | ▲ 124% |
| Taxes450/3 | - | - | - | €500 | €1,048 | ▲ 110% |
| Remuneration and social security454/9 | - | €2,000 | - | €2,000 | €4,550 | ▲ 128% |
| Other amounts payable47/48 | - | - | €266 | €1,274 | €987 | ▼ 22.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,544 | -€19,460 | -€6,117 | €22,842 | €2,588 | ▼ 88.7% |
| + Depreciation and write-downs630 | €4,679 | €771 | €509 | €29 | €1,355 | ▲ 4,582% |
| Operating cash flow (approximation) | €32,223 | -€18,689 | -€5,608 | €22,870 | €3,942 | ▼ 82.8% |
| Investment in fixed assets (approximation) | - | -€583 | €413 | €0 | -€5,886 | - |
| Change in cash | - | -€60,775 | -€1,776 | €18,900 | -€6,107 | ▼ 132% |
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €22,842
Net result €22,842 after 2 loss-making years.
30-06
Financial
Liquidity doublescurrent ratio 3.43
Current ratio from 1.46 to 3.43.
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Weakest financial yearnet -€19,460
Net result drops to -€19,460, the lowest in the series; recovery starts the following year.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Back to profitnet €27,544
Net result €27,544 after one loss-making year.
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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, Haaltert · 1 establishment unit since 2017
Ground area
596 m²
Building footprint
175 m²
Volume, LiDAR
936 m³
Parcel 41010B0027/00L000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MF GROUP
since 20172.260.751.581
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41010B0027/00L000 | Flanders | 595 m² | 1 · 174 m² | 10.9 m · 2 fl. |
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.
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Of 3,960 companies in sector 43331 we hold annual accounts for 1,788. 1,447 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
Founded11-01-2017
Fiscal year end30-06
Activities, NACEBEL 2025
43331Floor and wall tiling
Contact
Phone
+32 488 43 45 86
E-invoicing
Reachable via Peppol
Peppol ID
0208:0668958520
Also
9925:BE0668958520
Registered
03-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.