DECO TECHNIEKEN

Active

Private limited companyfounded 20205 yrs activeOostendestraat 322, 8820 Torhout, BelgiumKBO/BCE: BE 0755.395.121

The computed 12-month bankruptcy probability of DECO TECHNIEKEN is 1.9% (moderate). The 2025 annual accounts show equity of €170k and a net result of €65k. Equity is growing by ~77.8% per year across the filed fiscal years. Its solvency ranks better than 22% of 7689 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

73 / 100

Healthy▼ -8 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency50▲+10

Growth78=

Stability94

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €12k at 30 days acceptable

Liquidity ample (current ratio 2.42 against 1.81 in 2024), but 78.9% 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

Seven 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

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 →

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

21.1%

Return on assets

8.1%

Age of the figures

8 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 7689 sector peers (2025).

NBB · sector comparison

Position among 7689 sector peers

Solvency

better than 22%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filings

Deviation from the deadline

2025

31 d late

2024

28 d late

2023

75 d late

2022

31 d late

2021

29 d late

← 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

15-09-2026 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, abbreviated schema

Equity

€170k▲ 17.3%

2024 · €145k

2021: €24k 2022: €43k 2023: €77k 2024: €145k

2021 → 2025

Total assets

€807k▼ 12.3%

2024 · €920k

2021: €689k 2022: €687k 2023: €622k 2024: €920k

2021 → 2025

Net result

€65k▼ 45.1%

2024 · €119k

2021: €23k 2022: €19k 2023: €34k 2024: €119k

2021 → 2025

Working capital

€469k▲ 23.3%

2024 · €381k

2021: €252k 2022: €257k 2023: €286k 2024: €381k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€24k-€43k▲ 77.1%€77k▲ 79.8%€145k▲ 89.6%€170k▲ 17.3%

Operating result€27k-€18k▼ 32.0%€44k▲ 139%€148k▲ 237%€76k▼ 48.4%

Net result€23k-€19k▼ 19.6%€34k▲ 83.4%€119k▲ 249%€65k▼ 45.1%

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

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 48% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €807k

99.1%

Fixed assets €8k▼ 89.2%

Current assets €799k▼ 6.0%

Equity and liabilities €807k

21.1%

78.9%

Equity €170k▲ 17.3%

Debt €637k▼ 17.9%

The debt ratio falls from 84.2% to 78.9%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€92k▼

2024 · €193k

Cash flow

€81k▼

2024 · €164k

Solvency

21.1%▲

2024 · 15.8%

Current ratio

2.42▲

2024 · 1.81

Quick ratio

2.29▲

2024 · 1.68

Debt / equity

3.74▼

2024 · 5.34

ROE

38.3%▼

2024 · 81.7%

ROA

8.1%▼

2024 · 12.9%

Interest coverage

10.00▼

2024 · 19.56

Debt

€637k▼

2024 · €775k

Debt ≤ 1 year

€330k▼

2024 · €470k

Debt > 1 year

€302k=

2024 · €302k

Income taxes

€10k▼

2024 · €23k

Staff costs

€217k▲

2024 · €199k

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€920k€807k▼

Fixed assets21/28€70k€8k▼

Intangible fixed assets21€14k-

Tangible fixed assets22/27€51k€3k▼

Plant, machinery and equipment23€35k-

Furniture and vehicles24€16k€3k▼

Financial fixed assets28€5k€5k=

Current assets29/58€850k€799k▼

Stocks and contracts in progress3€62k€42k▼

Stocks30/36€50k€42k▼

Contracts in progress37€12k-

Amounts receivable within one year40/41€678k€513k▼

Trade receivables40€642k€424k▼

Other amounts receivable41€36k€89k▲

Cash at bank and in hand54/58€109k€243k▲

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

Equity and liabilities

Total equity and liabilities10/49€920k€807k▼

Equity10/15€145k€170k▲

Contributions10/11€1k€1k=

Reserves13€144k€169k▲

Distributable reserves133€144k€169k▲

Amounts payable17/49€775k€637k▼

Amounts payable after more than one year17€302k€302k=

Financial debts170/4€302k€302k=

Amounts payable within one year42/48€470k€330k▼

Current portion of amounts payable after more than one year42€2k-

Trade debts44€288k€215k▼

Suppliers440/4€288k€215k▼

Advances received on contracts in progress46-€2k

Taxes, remuneration and social security45€29k€37k▲

Taxes450/3€5k€14k▲

Remuneration and social security454/9€24k€23k▼

Other amounts payable47/48€150k€77k▼

Accrued charges and deferred income492/3€4k€4k▲

Income statement Code20242025

Non-recurring operating income76A€1k-

Remuneration, social security and pensions62€199k€217k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€16k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-205€17k▲

Other operating charges640/8€981€1k▲

Non-recurring operating charges66A€353-

Gross operating margin9900€393k€328k▼

Operating profit (loss)9901€148k€76k▼

Financial income75/76B€4k€8k▲

Recurring financial income75€4k€8k▲

Financial charges65/66B€10k€9k▼

Recurring financial charges65€10k€9k▼

Profit (loss) for the period before taxes9903€142k€75k▼

Income taxes67/77€23k€10k▼

Profit (loss) for the period9904€119k€65k▼

Profit (loss) for the period to be appropriated9905€119k€65k▼

Appropriation of the result

Profit (loss) to be appropriated9906€119k€65k▼

Transfer to equity691/2€69k€25k▼

To other reserves6921€69k€25k▼

Profit to be distributed694/7€50k€40k▼

Directors or managers695€50k€40k▼

Social balance

Average headcount (FTE)90873.43.7▲

The notes to these accounts (14 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 10Financial 4Gazette 1Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 31 days late

25-03

State Gazette act Resignations & appointments

General meeting · Director resignation · Permanent representative4 facts ▸

General meeting, 02/02/2026
Director resignation, Edwig Deschoemaker (bestuurder)
Director resignation, Gudrun Cloostermans (bestuurder)
Permanent representative, Thomas Cappon

2025

31-12

Financial Equity above €150kEq €170k ▲17.3%

5 profitable years in a row build equity to €170k.

28-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 28 days late

2024

31-12

Financial Highest result since 2021net €119k ▲249%

Operating result €148k, net result €119k, both a record.

31-12

Financial Equity above €100kEq €145k ▲89.6%

4 profitable years in a row build equity to €145k.

14-10

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 75 days late

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 31 days late

2022

31-12

Financial Weakest financial yearnet €19k ▼19.6%

Net result drops to €19k, the lowest in the series; recovery starts the following year.

29-08

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 29 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2026

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.

25-03-2026 Edwig Deschoemaker: Resigned as Director

25-03-2026 Gudrun CLOOSTERMANS: Resigned as Director

Location & real-estate footprint

Registered office, Torhout · 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.

Oostendestraat 3228820 Torhout

Ground area

679 m²

Building footprint

149 m²