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Deco Steel

Active
Private limited companyfounded 2024active for 1 yearProcessieweg 40, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 1016.237.920
Summary

Deco Steel has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,844 and a net result of €11,344. Its solvency ranks better than 38% of 2,318 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110
1 site
Size
≈ €170,000turnover 2025, estimated
Staff
≈ 0.2 FTE, estimated
Equity
€13,844
Profit
€11,344
Turnover estimated from the gross margin
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
2025 accounts 43 days early
Why 66raises riskFounded in 2024Size: total assets €41,117lowers riskLiquidity: current ratio 1.19, cash €9,623Figures for financial year 2025 (filed 18-06-2026)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 55% of its sector peers (NACE 25, micro)
Financial strength
Strong
Solvency 59
equity 33.7% of total assets
Liquidity 44
short-term debt 66.3% · cash 23.4%
Profitability 100
return on assets 27.6%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,702 companies, NACE 25, micro)
Last 24 months 12-2025: 1.8% 01-2026: 1.9%▲ +0.1 percentage points vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 2.3%▲ +0.4 percentage points vs 02-2026 04-2026: 2.4%▲ +0.1 percentage points vs 03-2026 05-2026: 2.7%▲ +0.3 percentage points vs 04-2026 06-2026: 2.9%▲ +0.2 percentage points vs 05-2026highest value 07-2026: 2.9%● unchanged vs 06-2026highest value 08-2026: 2.9%● unchanged vs 07-2026 09-2026: 2.9%● unchanged vs 08-2026 10-2026: 1.1%▼ -1.8 percentage points vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.19, below the usual 1.5; short-term debt: 66.3% and cash: 23.4% of total assets), and 66.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro): better than 36% on solvency, 34% on liquidity and 94% on profitability.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.19, cash €9,623
NBB · annual accounts
raises risk · Size: total assets €41,117
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 18-06-2026)
NBB · annual accounts
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 18-06-2026, 43 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
43 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: GÖBEL Tugrul (director) ·…

Key points

  • Caution: Among the weakest 19% on equitysector median €72,839 · 2,321 companies €13,844 View
  • One director decidessole director in office 1 View
  • Total assets 2025first financial year filed €41,117 View

By topic

Financials

Financial year
2025
Total assets
€41,117
Profit
€11,344
Solvency
33.7%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
14-11-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
15
Annual meeting
Third Thursday of June at 20:00
Purpose
“Metaalbewerking in de meest ruime zin; Het uitvoeren van schilderwerken in de meest ruime…” (deed in Dutch)
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about Deco Steel

What is the company number of Deco Steel?
1016.237.920. In Belgium the VAT number is the company number with BE in front: BE 1016.237.920.
Where is Deco Steel based?
The registered office is at Processieweg 40, 3550 Heusden-Zolder.Company details
What does Deco Steel do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of Deco Steel?
Private limited company (BV).
When was Deco Steel founded?
On 14-11-2024.
Is Deco Steel still active?
Yes, Deco Steel is an active enterprise in the KBO register.
What is the turnover of Deco Steel?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Deco Steel profitable?
In financial year 2025, Deco Steel made a profit of €11,344.
Where can I find the annual accounts of Deco Steel?
Deco Steel filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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