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DECOCARS #RSL

Active
Private limited companyfounded 20224 yrs activeOekensestraat 148, 8800 Roeselare, BelgiumKBO/BCE: BE 0788.773.316
Summary

The computed 12-month bankruptcy probability of DECOCARS #RSL is 1.6% (moderate). The 2025 annual accounts show equity of €1.4m and a net result of €30,780. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 60% of 10645 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811NACE 45113
1 site
How big
€2.9mtotal assets 2025
Equity
€1.4m
Profit
€30,780
Turnover not published (abridged schema)
Financially healthy?
54 Fair Checked score 2025
Bankruptcy chance 12 m
1.6%
Who decides
Accounts filed 31 d late0 of 1 deed read
Why 54- Limited track record- Higher-failure-rate sector+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability40▼-5
Solvency72▼-17
Growth52=
Track record94
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 1.88 against 2.81 in 2024; short-term debt: 53.1% and cash: 13.3% of total assets), but 53.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · 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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
46.9%
Return on assets
1%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-03-2026, 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 · 3 filings
Deviation from the deadline
2025
31 d late
2024
5 d late
2023
7 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 14 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 7 February (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet €30,780 ▼54.6%
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Financials

Fiscal year 2025Total assets €2.9mProfit €30,780Solvency 46.9%Liquidity 1.88
Total assets
€2.9m▲ 32.4%
2023 - 2025
Net result
€30,780▼ 54.6%
2023 - 2025
Equity
€1.4m▼ 3.7%
2023 - 2025
Solvency
46.9%▼ 17.5pp
2023 - 2025

Financials · fiscal year 2025, abbreviated schema

Trend over the years3 fiscal years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€0.5m-€0.1m▼ 81.6%€0.05m▼ 51.6%
Net result€0.4mabove the sector's middle half-€0.07mwithin the sector's middle half▼ 81.8%€0.03mwithin the sector's middle half▼ 54.6%
Equity€1.4mabove the sector's middle half-€1.4mabove the sector's middle half▲ 5.0%€1.4mabove the sector's middle half▼ 3.7%
Total assets€3.8mabove the sector's middle half-€2.2mabove the sector's middle half▼ 41.0%€2.9mabove the sector's middle half▲ 32.4%
Debt€2.4m-€0.8m▼ 67.1%€1.6m▲ 97.6%
Working capital€1.4mabove the sector's middle half-€1.4mabove the sector's middle half▲ 5.0%€1.4mabove the sector's middle half▼ 3.7%
Solvency36.2%within the sector's middle half-64.4%above the sector's middle half▲ 28.2pp46.9%within the sector's middle half▼ 17.5pp
Current ratio1.57within the sector's middle half-2.81within the sector's middle half▲ 1.241.88within the sector's middle half▼ 0.93
Return on assets (ROA)9.9%within the sector's middle half-3.1%within the sector's middle half▼ 6.9pp1.0%within the sector's middle half▼ 2.0pp
Staff (FTE)0below the sector's middle half-0below the sector's middle half0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000Operating result 2023: €547,190€547,190Net result 2023: €372,089€372,089Operating result 2024: €100,946€100,946Net result 2024: €67,752€67,752Operating result 2025: €48,869€48,869Net result 2025: €30,780€30,780202320242025€0€200,000€400,000€600,000Operating result 2023: €547,190€547,000Net result 2023: €372,089€372,000Operating result 2024: €100,946€101,000Net result 2024: €67,752€67,800Operating result 2025: €48,869€48,900Net result 2025: €30,780€30,800202320242025
The operating result has fallen two years in a row; 2025 is 52% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €2.9m
Equity €1.4m ▼ 3.7%
Debt €1.6m ▲ 97.6%
Debt's share of the balance-sheet total rises from 35.6% to 53.1%. Equity is lower and debt is higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
Quick ratio
1.18▼
2024 · 2.26
Debt to equity
1.13▲
2024 · 0.55
ROE
2.2%▼
2024 · 4.7%
Debt ≤ 1 year
€1.6m▲
2024 · €788,638
Income taxes
€14,364▼
2024 · €31,618
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 501 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.6% went bankrupt
3.0% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 501 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.2m€2.9m▲
Current assets29/58€2.2m€2.9m▲
Stocks and contracts in progress3€0.4m€1.1m▲
Stocks30/36€0.4m€1.1m▲
Amounts receivable within one year40/41€1.7m€1.4m▼
Trade receivables40€1.0m€0.7m▼
Other amounts receivable41€0.7m€0.8m▲
Cash at bank and in hand54/58€0.09m€0.4m▲
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.9m▲
Equity10/15€1.4m€1.4m▼
Contributions10/11€0.05m€0.05m=
Reserves13€1.4m€1.3m▼
Non-distributable reserves130/1€0.005m€0.005m=
Reserves not available under the articles1311€0.005m€0.005m=
Tax-exempt reserves132€0.8m€0.8m=
Distributable reserves133€0.6m€0.5m▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€0.8m€1.6m▲
Amounts payable within one year42/48€0.8m€1.6m▲
Trade debts44€0.8m€1.5m▲
Suppliers440/4€0.8m€1.5m▲
Taxes, remuneration and social security45€0.01m€0▼
Taxes450/3€0.01m€0▼
Other amounts payable47/48€0€0.08m▲
Income statement Code20242025
Other operating charges640/8€499€0.001m▲
Gross operating margin9900€0.1m€0.05m▼
Operating profit (loss)9901€0.1m€0.05m▼
Financial income75/76B€0.003m€0▼
Recurring financial income75€0.003m€0▼
Financial charges65/66B€0.004m€0.004m▼
Recurring financial charges65€0.004m€0.004m▼
Profit (loss) for the period before taxes9903€0.1m€0.05m▼
Income taxes67/77€0.03m€0.01m▼
Profit (loss) for the period9904€0.07m€0.03m▼
Profit (loss) for the period to be appropriated9905€0.07m€0.03m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.07m€0.03m▼
Transfer from equity791/2€0€0.08m▲
Transfer to equity691/2€0.07m€0.03m▼
To other reserves6921€0.07m€0.03m▼
Profit to be distributed694/7€0€0.08m▲
Return on contributions (dividend)694€0€0.08m▲
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Other operating charges640/8€6,702€499€513▲ 2.8%
Gross operating margin9900€553,891€101,445€49,382▼ 51.3%
Operating profit (loss)9901€547,190€100,946€48,869▼ 51.6%
Financial income75/76B€0€2,771€0▼ 100.0%
Recurring financial income75€0€2,771€0▼ 100.0%
Financial charges65/66B€562€4,347€3,725▼ 14.3%
Recurring financial charges65€562€4,347€3,725▼ 14.3%
Profit (loss) for the period before taxes9903€546,628€99,370€45,144▼ 54.6%
Income taxes67/77€174,539€31,618€14,364▼ 54.6%
Profit (loss) for the period9904€372,089€67,752€30,780▼ 54.6%
Profit (loss) for the period to be appropriated9905€372,089€67,752€30,780▼ 54.6%
Line202320242025Change
Assets
Total assets20/58€3.8m€2.2m€2.9m▲ 32.4%
Current assets29/58€3.8m€2.2m€2.9m▲ 32.4%
Stocks and contracts in progress3€1.2m€0.4m€1.1m▲ 154%
Stocks30/36€1.2m€0.4m€1.1m▲ 154%
Amounts receivable within one year40/41€2.4m€1.7m€1.4m▼ 14.4%
Trade receivables40€2.3m€1.0m€0.7m▼ 27.1%
Other amounts receivable41€0.1m€0.7m€0.8m▲ 2.0%
Cash at bank and in hand54/58€0.07m€0.09m€0.4m▲ 319%
Equity and liabilities
Total equity and liabilities10/49€3.8m€2.2m€2.9m▲ 32.4%
Equity10/15€1.4m€1.4m€1.4m▼ 3.7%
Contributions10/11€0.05m€0.05m€0.05m=
Reserves13€1.3m€1.4m€1.3m▼ 3.8%
Non-distributable reserves130/1€0.005m€0.005m€0.005m=
Reserves not available under the articles1311€0.005m€0.005m€0.005m=
Tax-exempt reserves132€0.8m€0.8m€0.8m=
Distributable reserves133€0.5m€0.6m€0.5m▼ 9.0%
Profit (loss) carried forward14€0€0€0-
Amounts payable17/49€2.4m€0.8m€1.6m▲ 97.6%
Amounts payable within one year42/48€2.4m€0.8m€1.6m▲ 97.6%
Trade debts44€0.7m€0.8m€1.5m▲ 89.9%
Suppliers440/4€0.7m€0.8m€1.5m▲ 89.9%
Taxes, remuneration and social security45€0.2m€0.01m€0▼ 100%
Taxes450/3€0.2m€0.01m€0▼ 100%
Other amounts payable47/48€1.5m€0€0.08m-
Line202320242025Change
Profit (loss) for the period9904€372,089€67,752€30,780▼ 54.6%
Operating cash flow (approximation)€372,089€67,752€30,780▼ 54.6%
Change in cash-€20,084€297,966▲ 1,384%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector, comparable size

Of 10,654 companies in this sector we hold annual accounts for 5,227. 2,699 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Timeline

4 eventsLatest 03-03-2026Next filing 31-01-2027

History

On 19 July 2022, DECOCARS #RSL was incorporated as a Private limited company.1 Total assets went from €3.8m in 2023 to €2.9m in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
03-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
30-06
Financial Weakest financial yearnet €30,780 ▼54.6%
Net result drops to €30,780, the lowest in the series.
05-02
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 5 days late
2024
07-02
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 19-07-2022Year ends 30-06Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded19-07-2022
Fiscal year end30-06
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0788773316
Also 9925:BE0788773316
Registered 06-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
1,918 m²
Volume, LiDAR
11 m³
Parcel 36302B2114/00D000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
DECOCARS #RSL
Oekensestraat 148, 8800 RoeselareNACE 45111
since 2022unit no. 2.333.526.723
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36302B2114/00D000 Flanders 1.1 ha 1 · 1,918 m² 0.1 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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