DECO-REN PROJECTS
ActiveSummary
DECO-REN PROJECTS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143k and a net result of €58k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 88% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+13
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 7.99 against 9.69 in 2024; short-term debt: 10.6% and cash: 37.6% of total assets), and 16.3% of the assets are financed with debt.
Credit check for your own amount and term
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
83.7%
Return on assets
34.3%
Age of the figures
9 mo
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
1819202122232425
2018 to 2025 · latest year €143k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 10 filingsDeviation from the deadline
2025
30 d late
2024
111 d late
2023
23 d late
2022
20 d early
2021
30 d late
2020
31 d late
2019
38 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€143k▲ 69.2%
2024 · €84k
2018: €70k
2019: €94k
2020: €81k
2021: €73k
2022: €70k
2023: €70k
2024: €84k
2018 → 2025
Total assets
€170k▲ 82.9%
2024 · €93k
2018: €105k
2019: €112k
2020: €121k
2021: €95k
2022: €76k
2023: €72k
2024: €93k
2018 → 2025
Net result
€58k▲ 320%
2024 · €14k
2018: €25k
2019: €23k
2020: €-12k
2021: €-9k
2022: €-3k
2023: €488
2024: €14k
2018 → 2025
Working capital
€127k▲ 64.1%
2024 · €77k
2018: €59k
2019: €85k
2020: €76k
2021: €70k
2022: €69k
2023: €70k
2024: €77k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€70k▼ 3.6%€70k▲ 0.7%€84k▲ 19.8%€143k▲ 69.2%
Operating result€-10k-€-4k▲ 63.0%€-1k▲ 69.0%€14k€81k▲ 468%
Net result€-9k-€-3k▲ 70.3%€488€14k▲ 2,750%€58k▲ 320%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 468% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €170k
Fixed assets
€26k ▲ 257%
Current assets
€145k ▲ 68.3%
Equity and liabilities €170k
Equity
€143k ▲ 69.2%
Debt
€28k ▲ 212%
Debt's share of the balance-sheet total rises from 9.5% to 16.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€85k▲
2024 · €15k
Cash flow
€63k▲
2024 · €15k
Current ratio
7.99▼
2024 · 9.69
Debt to equity
0.19▲
2024 · 0.11
ROE
40.9%▲
2024 · 16.5%
ROA
34.3%▲
2024 · 14.9%
Interest coverage
144.10▲
2024 · 49.98
Debt ≤ 1 year
€18k▲
2024 · €9k
Debt > 1 year
€10k
Income taxes
€22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€93k€170k▲
Fixed assets21/28€7k€26k▲
Tangible fixed assets22/27€7k€26k▲
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€5k€21k▲
Other tangible fixed assets26€43-
Current assets29/58€86k€145k▲
Amounts receivable within one year40/41€61k€78k▲
Trade receivables40€15k€11k▼
Other amounts receivable41€46k€67k▲
Cash at bank and in hand54/58€24k€64k▲
Deferred charges and accrued income490/1€237€3k▲
Equity and liabilities
Total equity and liabilities10/49€93k€170k▲
Equity10/15€84k€143k▲
Contributions10/11€19k€19k=
Reserves13€75k€124k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€73k€122k▲
Profit (loss) carried forward14€-9k-
Amounts payable17/49€9k€28k▲
Amounts payable after more than one year17-€10k
Financial debts170/4-€10k
Amounts payable within one year42/48€9k€18k▲
Current portion of amounts payable after more than one year42-€9k
Trade debts44€255-
Suppliers440/4€255-
Taxes, remuneration and social security45€9k€9k▲
Taxes450/3€9k€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€5k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€4k€2k▼
Gross operating margin9900€20k€89k▲
Operating profit (loss)9901€14k€81k▲
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€307€3k▲
Recurring financial charges65€307€592▲
Non-recurring financial charges66B-€3k
Profit (loss) for the period before taxes9903€14k€81k▲
Income taxes67/77-€22k
Profit (loss) for the period9904€14k€58k▲
Profit (loss) for the period to be appropriated9905€14k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€49k▲
Profit (loss) brought forward from the previous period14P€-23k€-9k▲
Transfer to equity691/2-€49k
To other reserves6921-€49k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Highest result since 2018net €58k ▲320%
Operating result €81k, net result €58k, both a record.
31-12
Financial
Equity above €100kEq €143k ▲69.2%
3 profitable years in a row build equity to €143k.
19-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 111 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Back to profitnet €488
Net result €488 after 3 loss-making years.
31-12
Financial
Liquidity times 5current ratio 61.07
Current ratio from 11.85 to 61.07; short-term debt falls from €6k to €1k.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 11.85
Current ratio from 4.15 to 11.85; short-term debt falls from €22k to €6k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-12k ▼153%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
Show earlier events
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 5.49
Current ratio from 2.71 to 5.49; short-term debt falls from €35k to €19k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Antwerpen · 1 establishment unit since 2015
Ground area
2,914 m²
Building footprint
584 m²
Volume, LiDAR
8,086 m³
2 parcels, Flanders · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
DECO-REN PROJECTS
since 20152.243.623.757
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0328/00R000 | Flanders | 2,391 m² | 1 · 459 m² | 19.6 m · 5 fl. |
| 11602C0168/00F003 | Flanders | 522 m² | 1 · 125 m² | 10.8 m · 2 fl. |
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.
Recognitions · licences · registrations
Dual-learning approval
2 endedMonteur sanitaire en verwarmingsinstallaties duaal (so)
Sanitair installateur (so)
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 3,006 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43331Floor and wall tiling
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.