DECO WEELDE

Active

Private limited companyfounded 20196 yrs activeWeeldestraat 118, 2381 Ravels, BelgiumKBO/BCE: BE 0737.960.756

The computed 12-month bankruptcy probability of DECO WEELDE is 1.5% (moderate). The 2025 annual accounts show equity of €49k and a net result of €18k. Equity is shrinking by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 18016 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

51 / 100

Fair▲ +49 vs 2024

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

Axes · tick = 2024

Profitability100▲+100

Solvency18▲+3

Growth58▲+26

Stability100

Bankruptcy probability, 12 months

1.5% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity short (current ratio 0.94 against 0.93 in 2024), and 87.4% 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

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

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

12.6%

Return on assets

4.8%

Age of the figures

11 mo

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-03-2026, 42 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

42 d early

2024

19 d early

2023

5 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

14-09-2026 today30-09-2026 close30-04-2027 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

€49k▲ 60.8%

2024 · €30k

2023: €59k 2024: €30k

2023 → 2025

Total assets

€386k▼ 3.3%

2024 · €399k

2023: €280k 2024: €399k

2023 → 2025

Net result

€18k

2024 · €-28k

2023: €12k 2024: €-28k

2023 → 2025

Working capital

€-15k▲ 5.1%

2024 · €-16k

2023: €-141k 2024: €-16k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€59k-€30k▼ 48.5%€49k▲ 60.8%

Operating result€17k-€-7k€38k

Net result€12k-€-28k€18k

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

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €38k after a loss of €7k in 2024, the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €386k

42.8%

57.2%

Fixed assets €165k▼ 12.7%

Current assets €221k▲ 5.3%

Equity and liabilities €386k

12.6%

87.4%

Equity €49k▲ 60.8%

Debt €338k▼ 8.5%

The debt ratio falls from 92.4% to 87.4%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€65k▲

2024 · €20k

Cash flow

€46k▲

2024 · €-2k

Solvency

12.6%▲

2024 · 7.6%

Current ratio

0.94▲

2024 · 0.93

Quick ratio

0.38▼

2024 · 0.53

Debt / equity

6.93▼

2024 · 12.18

ROE

37.8%▲

2024 · -94.0%

ROA

4.8%▲

2024 · -7.1%

Interest coverage

4.13▲

2024 · 1.08

Debt

€338k▼

2024 · €369k

Debt ≤ 1 year

€236k▲

2024 · €226k

Debt > 1 year

€102k▼

2024 · €142k

Income taxes

€4k▲

2024 · €3k

Staff costs

€125k▼

2024 · €163k

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€399k€386k▼

Fixed assets21/28€189k€165k▼

Intangible fixed assets21€134k€119k▼

Tangible fixed assets22/27€53k€44k▼

Plant, machinery and equipment23€29k€24k▼

Furniture and vehicles24€24k€20k▼

Financial fixed assets28€2k€2k=

Current assets29/58€210k€221k▲

Stocks and contracts in progress3€91k€130k▲

Stocks30/36€70k€81k▲

Contracts in progress37€21k€49k▲

Amounts receivable within one year40/41€87k€65k▼

Trade receivables40€65k€11k▼

Other amounts receivable41€22k€55k▲

Current investments50/53€9k€16▼

Cash at bank and in hand54/58€14k€17k▲

Deferred charges and accrued income490/1€8k€8k▲

Equity and liabilities

Total equity and liabilities10/49€399k€386k▼

Equity10/15€30k€49k▲

Contributions10/11€500€500=

Reserves13€14k€14k=

Distributable reserves133€14k€14k=

Profit (loss) carried forward14€16k€35k▲

Amounts payable17/49€369k€338k▼

Amounts payable after more than one year17€142k€102k▼

Financial debts170/4€142k€102k▼

Amounts payable within one year42/48€226k€236k▲

Current portion of amounts payable after more than one year42€38k€40k▲

Trade debts44€137k€161k▲

Suppliers440/4€137k€161k▲

Taxes, remuneration and social security45€50k€35k▼

Taxes450/3€50k€35k▼

Accrued charges and deferred income492/3€2k-

Income statement Code20242025

Remuneration, social security and pensions62€163k€125k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€27k▲

Other operating charges640/8€9k€6k▼

Gross operating margin9900€193k€197k▲

Operating profit (loss)9901€-7k€38k▲

Financial income75/76B€171€141▼

Recurring financial income75€171€141▼

Financial charges65/66B€19k€16k▼

Recurring financial charges65€19k€16k▼

Profit (loss) for the period before taxes9903€-25k€22k▲

Income taxes67/77€3k€4k▲

Profit (loss) for the period9904€-28k€18k▲

Profit (loss) for the period to be appropriated9905€-28k€18k▲

Appropriation of the result

Profit (loss) to be appropriated9906€16k€35k▲

Profit (loss) brought forward from the previous period14P€45k€16k▼

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 5Financial 2Filings 3

Next filing, fiscal year 2026, expected by 30-04-2027

2026

19-03

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-09

Financial Back to profitnet €18k

Net result €18k after one loss-making year.

11-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-09

Financial Weakest financial yearnet €-28k ▼347%

Net result drops to €-28k, the lowest in the series; recovery starts the following year.

25-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Ravels · 1 establishment unit since 2019

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.

Weeldestraat 1182381 Ravels

Ground area

390 m²

Building footprint

105 m²

Volume, LiDAR

693 m³

Parcel 13048B0509/00W000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

DECO WEELDE

Weeldestraat 118, 2381 RavelsManufacture of textiles

since 20192.296.088.978

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13048B0509/00W000	Flanders	390 m²	1 · 105 m²	10.7 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

Blankenberge · Eq €50k

Of 528 companies in sector 47530 we hold annual accounts for 320. 243 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded22-11-2019

Fiscal year end30-09

Activities, NACEBEL

47530Retail trade

13929Manufacture of textiles

95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)

68110Buying and selling of own real estate

68201Renting and operating of own or leased residential real estate, excluding social housing

70200Business and other management consultancy

70220Business consulting

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.