DECO OIL

Active

Private limited companyfounded 20206 yrs activeHeuvel 14, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0745.930.790

DECO OIL has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €420k and a net result of €72k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 11210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2025

79 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability81▲+2

Solvency84▼-9

Growth52=

Track record100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €30k at 30 days acceptable

Liquidity ample (current ratio 2.52 against 3.35 in 2024; short-term debt: 27.4% and cash: 45.9% of total assets), and 41.1% 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.

−lowers risk+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

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

58.9%

Return on assets

10.1%

Age of the figures

9 mo

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

3 d early

2024

7 d early

2023

26 d early

2022

27 d early

2021

33 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

17-09-2026 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

€420k▲ 13.1%

2024 · €372k

2021: €176k 2022: €268k 2023: €327k 2024: €372k

2021 → 2025

Total assets

€713k▲ 30.5%

2024 · €547k

2021: €398k 2022: €578k 2023: €555k 2024: €547k

2021 → 2025

Net result

€72k▲ 61.4%

2024 · €45k

2021: €141k 2022: €92k 2023: €59k 2024: €45k

2021 → 2025

Working capital

€298k▲ 19.5%

2024 · €249k

2021: €131k 2022: €190k 2023: €209k 2024: €249k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€176k-€268k▲ 51.9%€327k▲ 22.0%€372k▲ 13.7%€420k▲ 13.1%

Operating result€178k-€121k▼ 31.9%€78k▼ 35.5%€61k▼ 21.4%€93k▲ 51.2%

Net result€141k-€92k▼ 35.2%€59k▼ 35.7%€45k▼ 23.9%€72k▲ 61.4%

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

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 51% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €713k

30.8%

69.2%

Fixed assets €220k▲ 14.9%

Current assets €493k▲ 38.9%

Equity and liabilities €713k

58.9%

41.1%

Equity €420k▲ 13.1%

Debt €293k▲ 67.4%

The debt ratio rises from 32.0% to 41.1%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€189k▲

2024 · €148k

Cash flow

€169k▲

2024 · €131k

Solvency

58.9%▼

2024 · 68.0%

Current ratio

2.52▼

2024 · 3.35

Quick ratio

2.33▼

2024 · 2.96

Debt / equity

0.70▲

2024 · 0.47

ROE

17.2%▲

2024 · 12.1%

ROA

10.1%▲

2024 · 8.2%

Interest coverage

38.31▲

2024 · 34.31

Debt

€293k▲

2024 · €175k

Debt ≤ 1 year

€196k▲

2024 · €106k

Debt > 1 year

€96k▲

2024 · €68k

Income taxes

€16k▲

2024 · €12k

Staff costs

€75k▼

2024 · €78k

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€547k€713k▲

Fixed assets21/28€192k€220k▲

Tangible fixed assets22/27€192k€220k▲

Plant, machinery and equipment23€42k€27k▼

Furniture and vehicles24€74k€32k▼

Leasing and similar rights25€76k€161k▲

Current assets29/58€355k€493k▲

Stocks and contracts in progress3€41k€38k▼

Stocks30/36€41k€38k▼

Amounts receivable within one year40/41€112k€104k▼

Trade receivables40€109k€104k▼

Other amounts receivable41€3k€382▼

Cash at bank and in hand54/58€200k€327k▲

Deferred charges and accrued income490/1€2k€24k▲

Equity and liabilities

Total equity and liabilities10/49€547k€713k▲

Equity10/15€372k€420k▲

Contributions10/11€35k€35k=

Reserves13€337k€385k▲

Distributable reserves133€337k€385k▲

Profit (loss) carried forward14-€0

Amounts payable17/49€175k€293k▲

Amounts payable after more than one year17€68k€96k▲

Financial debts170/4€68k€96k▲

Amounts payable within one year42/48€106k€196k▲

Current portion of amounts payable after more than one year42€33k€50k▲

Trade debts44€54k€111k▲

Suppliers440/4€54k€111k▲

Taxes, remuneration and social security45€17k€14k▼

Taxes450/3€7k€5k▼

Remuneration and social security454/9€10k€9k▼

Other amounts payable47/48€2k€20k▲

Accrued charges and deferred income492/3€1k€973▼

Income statement Code20242025

Non-recurring operating income76A-€15k

Remuneration, social security and pensions62€78k€75k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€96k▲

Other operating charges640/8€3k€3k▼

Gross operating margin9900€229k€267k▲

Operating profit (loss)9901€61k€93k▲

Financial income75/76B€1€0▼

Recurring financial income75€1€0▼

Financial charges65/66B€4k€5k▲

Recurring financial charges65€4k€5k▲

Profit (loss) for the period before taxes9903€57k€88k▲

Income taxes67/77€12k€16k▲

Profit (loss) for the period9904€45k€72k▲

Profit (loss) for the period to be appropriated9905€45k€72k▲

Appropriation of the result

Profit (loss) to be appropriated9906€45k€72k▲

Transfer to equity691/2€45k€49k▲

To other reserves6921€45k€49k▲

Profit to be distributed694/7-€24k

Return on contributions (dividend)694-€24k

The notes to these accounts (11 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

28-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

24-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €45k ▼23.9%

Net result drops to €45k, the lowest in the series; recovery starts the following year.

05-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

04-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €200kEq €268k ▲51.9%

2 profitable years in a row build equity to €268k.

28-06

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

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, Oudenaarde · 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.

Heuvel 149700 Oudenaarde

Ground area

9,137 m²

Building footprint

3,751 m²

Volume, LiDAR

29,037 m³

2 parcels, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

DECO OIL

Industriepark "De Bruwaan" 14B, 9700 OudenaardeNACE 45206

since 20202.301.976.086

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
45502B0606/00W002	Flanders	8,318 m²	1 · 3,608 m²	10.1 m · 3 fl.
45014A0196/00F000	Flanders	819 m²	1 · 143 m²	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 3,524 EUR awarded · 3,524 EUR paid

Year	Entries	awarded	paid
2025	1	351 EUR	351 EUR
2024	1	173 EUR	173 EUR
2023	1	3,000 EUR	3,000 EUR

Schemes

Subsidies ecologisch en veilig transport (stopgezet)

1 entry · 3,000 EUR · 3,000 EUR paid · Departement Mobiliteit en Openbare Werken

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 524 EUR · 524 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

ELGAS

BE 0419.478.973

Haaltert · Eq €420k

Charbonnages de Gosson-Kessales

BE 0403.955.510

Grâce-Hollogne · Eq €422k

Sint-Gillis-Waas · Eq €423k

SOCIETE DE LUBRIFIANTS ET D'INVESTISSEMENTS

BE 0817.568.656

Huy · Eq €424k

Of 841 companies in sector 46810 we hold annual accounts for 473. 369 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded10-04-2020

Fiscal year end31-12

Activities, NACEBEL

46810Wholesale of solid, liquid and gaseous fuels and related products

49410Freight transport by road

95313Repair and fitting of specific motor vehicle parts

81230Other cleaning activities

82100Office administrative and support services

82110Office administrative, office support and other business support activities

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.