DECO NOVA
ActiveSummary
DECO NOVA has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,210 and a net result of €97. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 82% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-13
Solvency100▲+18
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.85 against 1.46 in 2024; short-term debt: 20.2% and cash: 39.4% of total assets), and 22.4% 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
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 · Long track record
A company with a long track record statistically fails less often than a young one.
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
77.6%
Return on assets
0.1%
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
36 d early
2023
29 d early
2022
18 d early
2021
32 d early
2020
52 d early
2019
51 d early
← 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 39 days before 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 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 trust this company with building work?Contractor check 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
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€69,210▲ 0.1%
2024 · €69,113
Total assets
€89,200▼ 26.7%
2024 · €121,625
Net result
€97▼ 99.2%
2024 · €12,480
Working capital
€33,342▲ 48.2%
2024 · €22,503
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line20212022202320242025
Operating result€16,617€38,664▲ 133%€14,043▼ 63.7%€18,321▲ 30.5%€1,762▼ 90.4%
Net result€15,436within the sector's middle half€31,897within the sector's middle half▲ 107%€9,643within the sector's middle half▼ 69.8%€12,480within the sector's middle half▲ 29.4%€97below the sector's middle half▼ 99.2%
Equity€40,013below the sector's middle half▲ 52.9%€59,310below the sector's middle half▲ 48.2%€63,353below the sector's middle half▲ 6.8%€69,113within the sector's middle half▲ 9.1%€69,210within the sector's middle half▲ 0.1%
Total assets€76,396below the sector's middle half▲ 51.6%€102,519below the sector's middle half▲ 34.2%€121,415below the sector's middle half▲ 18.4%€121,625within the sector's middle half▲ 0.2%€89,200within the sector's middle half▼ 26.7%
Debt€36,383▲ 50.1%€43,209▲ 18.8%€58,062▲ 34.4%€52,513▼ 9.6%€19,990▼ 61.9%
Working capital€34,381within the sector's middle half▲ 101%€23,103below the sector's middle half▼ 32.8%€1,162below the sector's middle half▼ 95.0%€22,503within the sector's middle half▲ 1,836%€33,342within the sector's middle half▲ 48.2%
Solvency52.4%within the sector's middle half▲ 0.4pp57.9%within the sector's middle half▲ 5.5pp52.2%within the sector's middle half▼ 5.7pp56.8%within the sector's middle half▲ 4.6pp77.6%above the sector's middle half▲ 20.8pp
Current ratio1.94within the sector's middle half▲ 0.241.55within the sector's middle half▼ 0.401.02below the sector's middle half▼ 0.531.46within the sector's middle half▲ 0.442.85within the sector's middle half▲ 1.39
Return on assets (ROA)20.2%above the sector's middle half▲ 34.9pp31.1%above the sector's middle half▲ 10.9pp7.9%within the sector's middle half▼ 23.2pp10.3%within the sector's middle half▲ 2.3pp0.1%below the sector's middle half▼ 10.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 90% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89,200
Fixed assets
€37,798 ▼ 24.5%
Current assets
€51,401 ▼ 28.1%
Equity and liabilities €89,200
Equity
€69,210 ▲ 0.1%
Debt
€19,990 ▼ 61.9%
Debt's share of the balance-sheet total falls from 43.2% to 22.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17,633▼
2024 · €34,252
Cash flow
€15,968▼
2024 · €28,411
Quick ratio
2.64▲
2024 · 1.37
Debt to equity
0.29▼
2024 · 0.76
ROE
0.1%▼
2024 · 18.1%
Interest coverage
8.78▼
2024 · 9.64
Debt ≤ 1 year
€18,059▼
2024 · €49,036
Income taxes
-€8▼
2024 · €2,875
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
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 bankruptcy probability of 0.6% 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 497,662 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% | 1.7% |
| 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 75% 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 17,027 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €15,800 | €1,195 | €2,715 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,082 | €1,682 | €12,474 | €15,931 | €15,871 | ▼ 0.4% |
| Other operating charges640/8 | €983 | €991 | €1,275 | €943 | €968 | ▲ 2.6% |
| Gross operating margin9900 | €22,683 | €41,336 | €27,791 | €35,194 | €18,600 | ▼ 47.1% |
| Operating profit (loss)9901 | €16,617 | €38,664 | €14,043 | €18,321 | €1,762 | ▼ 90.4% |
| Financial income75/76B | €377 | €391 | €557 | €587 | €336 | ▼ 42.8% |
| Recurring financial income75 | €377 | €391 | €557 | €587 | €336 | ▼ 42.8% |
| Financial charges65/66B | €67 | €1,195 | €2,147 | €3,553 | €2,008 | ▼ 43.5% |
| Recurring financial charges65 | €67 | €1,195 | €2,147 | €3,553 | €2,008 | ▼ 43.5% |
| Profit (loss) for the period before taxes9903 | €16,928 | €37,860 | €12,453 | €15,355 | €89 | ▼ 99.4% |
| Income taxes67/77 | €1,492 | €5,963 | €2,809 | €2,875 | -€8 | ▼ 100% |
| Profit (loss) for the period9904 | €15,436 | €31,897 | €9,643 | €12,480 | €97 | ▼ 99.2% |
| Profit (loss) for the period to be appropriated9905 | €15,436 | €31,897 | €9,643 | €12,480 | €97 | ▼ 99.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €76,396 | €102,519 | €121,415 | €121,625 | €89,200 | ▼ 26.7% |
| Fixed assets21/28 | €5,631 | €37,320 | €64,265 | €50,086 | €37,798 | ▼ 24.5% |
| Tangible fixed assets22/27 | €5,631 | €37,320 | €64,265 | €50,086 | €37,798 | ▼ 24.5% |
| Plant, machinery and equipment23 | €1,632 | €2,725 | €5,163 | €3,600 | €2,062 | ▼ 42.7% |
| Furniture and vehicles24 | €4,000 | €34,595 | €59,103 | €46,486 | €35,736 | ▼ 23.1% |
| Current assets29/58 | €70,764 | €65,199 | €57,149 | €71,540 | €51,401 | ▼ 28.1% |
| Stocks and contracts in progress3 | €1,890 | €2,044 | €3,099 | €4,353 | €3,643 | ▼ 16.3% |
| Stocks30/36 | €1,140 | €1,294 | €2,349 | €3,603 | €2,893 | ▼ 19.7% |
| Contracts in progress37 | €750 | €750 | €750 | €750 | €750 | = |
| Amounts receivable within one year40/41 | €1,173 | €57,858 | €10,583 | €7,186 | €12,246 | ▲ 70.4% |
| Trade receivables40 | €1,005 | €48,757 | - | - | €2,920 | - |
| Other amounts receivable41 | €168 | €9,101 | €10,583 | €7,186 | €9,327 | ▲ 29.8% |
| Cash at bank and in hand54/58 | €67,702 | €4,990 | €43,081 | €59,613 | €35,117 | ▼ 41.1% |
| Deferred charges and accrued income490/1 | - | €306 | €387 | €387 | €395 | ▲ 2.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €76,396 | €102,519 | €121,415 | €121,625 | €89,200 | ▼ 26.7% |
| Equity10/15 | €40,013 | €59,310 | €63,353 | €69,113 | €69,210 | ▲ 0.1% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €15,012 | €34,308 | €38,352 | €44,111 | €44,111 | = |
| Non-distributable reserves130/1 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves not available under the articles1311 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Tax-exempt reserves132 | €3,568 | €3,568 | €3,568 | €3,568 | €3,568 | = |
| Distributable reserves133 | €8,944 | €28,240 | €32,284 | €38,043 | €38,043 | = |
| Profit (loss) carried forward14 | €1 | €2 | €1 | €2 | €99 | ▲ 5,559% |
| Amounts payable17/49 | €36,383 | €43,209 | €58,062 | €52,513 | €19,990 | ▼ 61.9% |
| Amounts payable within one year42/48 | €36,383 | €42,095 | €55,987 | €49,036 | €18,059 | ▼ 63.2% |
| Trade debts44 | €1,929 | €4,477 | €1,797 | €3,404 | €1,629 | ▼ 52.1% |
| Suppliers440/4 | €1,929 | €4,477 | €1,797 | €3,404 | €1,629 | ▼ 52.1% |
| Taxes, remuneration and social security45 | €1,781 | €405 | €405 | €405 | €405 | = |
| Taxes450/3 | €1,781 | €405 | €405 | €405 | €405 | = |
| Other amounts payable47/48 | €32,673 | €37,213 | €53,785 | €45,228 | €16,025 | ▼ 64.6% |
| Accrued charges and deferred income492/3 | - | €1,114 | €2,075 | €3,476 | €1,930 | ▼ 44.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,436 | €31,897 | €9,643 | €12,480 | €97 | ▼ 99.2% |
| + Depreciation and write-downs630 | €5,082 | €1,682 | €12,474 | €15,931 | €15,871 | ▼ 0.4% |
| Operating cash flow (approximation) | €20,518 | €33,579 | €22,117 | €28,411 | €15,968 | ▼ 43.8% |
| Investment in fixed assets (approximation) | - | -€33,371 | -€39,419 | -€1,751 | -€3,583 | ▼ 105% |
| Change in cash | - | -€62,711 | €38,090 | €16,532 | -€24,496 | ▼ 248% |
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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €31,897 ▲107%
Operating result €38,664, net result €31,897, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €15,436
Net result €15,436 after one loss-making year.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€7,420
Net result drops to -€7,420, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Zonnebeke · 1 establishment unit since 1999
Ground area
703 m²
Building footprint
252 m²
Volume, LiDAR
1,245 m³
Parcel 33037B0613/00S000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DECO NOVA
since 19992.090.620.016
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33037B0613/00S000 | Flanders | 703 m² | 1 · 252 m² | 7.7 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.
Similar companies · same sector, comparable size
REH CONSTRUCTION
BE 0737.647.881
Etterbeek · Eq €69,258
GLASKUNST ATRIVM RESTAURATIE
BE 0448.182.164
Nazareth-De Pinte · Eq €69,058
Pigment Puur
BE 0792.139.513
Nazareth-De Pinte · Eq €69,363
MUTTESCH DECOR
BE 0447.946.097
Tintigny · Eq €69,384
TAM DECORATION
BE 0879.502.958
Charleroi · Eq €69,026
Of 7,868 companies in sector 43341 we hold annual accounts for 2,666. 2,318 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 (pre-2019)
Founded02-03-1999
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43332Laying of wooden floor and wall coverings
43333Wallpapering and laying of floor and wall coverings in other materials
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465300486
Also
9925:BE0465300486
Registered
09-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.