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DECOCENTRUM

Active
Public limited companyfounded 1987active for 39 yearsVaartstraat 1, 3950 Bocholt, BelgiumKBO/BCE: BE 0432.541.608
Summary

The computed 12-month bankruptcy probability of DECOCENTRUM is 1.7% (moderate). The 2024 annual accounts show equity of €410,191 and a net result of -€2,041. Equity is shrinking by about 10% per year across the filed financial years. The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, abbreviated format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 27 October 2026.

Turnover
€40,500▼ 25.0%
2023 · €54,000
EBIT margin
-4.9%▼ 3.7pp
2023 · -1.2%
Net result
-€2,041▼ 206%
2023 · -€668
Working capital
-€18,219▼ 12.6%
2023 · -€16,178
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result stays negative: a loss of €1,997 in 2024 against €645 in 2023; the loss grows and 2024 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€40,500 2024 Operating result-€1,997 2024 Net result-€2,041 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Turnover€20,939€41,000▲ 95.8%€54,000▲ 31.7%€40,500▼ 25.0%
Operating result-€1,369--€11,331▼ 728%€1,514€2,242▲ 48.1%€24,108▲ 975%-€645-€1,997▼ 210%
Net result€2,071--€6,499€4,731-€169,725-€139,768▲ 17.7%-€668▲ 99.5%-€2,041▼ 206%
EBIT margin10.7%58.8%▲ 48.1pp-1.2%▼ 60.0pp-4.9%▼ 3.7pp
Equity€710,660-€704,161▼ 0.9%€708,892▲ 0.7%€539,168▼ 23.9%€399,400▼ 25.9%€412,232▲ 3.2%€410,191▼ 0.5%
Total assets€753,313-€737,178▼ 2.1%€755,239▲ 2.5%€572,895▼ 24.1%€511,628▼ 10.7%€539,726▲ 5.5%€547,107▲ 1.4%
Debt€42,653-€33,016▼ 22.6%€46,347▲ 40.4%€33,727▼ 27.2%€45,638▲ 35.3%€55,904▲ 22.5%€65,326▲ 16.9%
Working capital€210,660-€204,161▼ 3.1%€208,892▲ 2.3%€39,168▼ 81.2%-€34,010-€16,178▲ 52.4%-€18,219▼ 12.6%
Staff (FTE)0000
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €547,107
Fixed assets €500,000 =
Current assets €47,107 ▲ 18.6%
Equity and liabilities €547,107
Equity €410,191 ▼ 0.5%
Provisions €71,590 =
Debt €65,326 ▲ 16.9%
Debt's share of the balance-sheet total rises from 10.4% to 11.9%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€1,997▼
2023 · -€645
Cash flow
-€2,041▼
2023 · -€668
Current ratio
0.72▲
2023 · 0.71
Debt to equity
0.16▲
2023 · 0.14
ROE
-0.5%▼
2023 · -0.2%
ROA
-0.4%▼
2023 · -0.1%
Interest coverage
-45.39▼
2023 · -28.04
Debt ≤ 1 year
€65,326▲
2023 · €55,904
Debt > 1 year
€0=
2023 · €0
Income taxes
€0=
2023 · €0
Staff costs
€0=
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94.2% 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: 1.7% 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 497,445 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% 0.9%
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 74.5% 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 8,617 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 115 lines
Balance sheet Code20232024
Assets
Total assets20/58€539,726€547,107▲
Formation expenses20€0€0=
Fixed assets21/28€500,000€500,000=
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€500,000€500,000=
Land and buildings22€500,000€500,000=
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€0€0=
Leasing and similar rights25€0€0=
Other tangible fixed assets26€0€0=
Assets under construction and advance payments27€0€0=
Financial fixed assets28€0€0=
Current assets29/58€39,726€47,107▲
Amounts receivable after more than one year29€0€0=
Trade receivables290€0€0=
Other amounts receivable291€0€0=
Stocks and contracts in progress3€0€0=
Stocks30/36€0€0=
Contracts in progress37€0€0=
Amounts receivable within one year40/41€20,101€40,663▲
Trade receivables40€1,190€1,190=
Other amounts receivable41€18,911€39,473▲
Current investments50/53€0€0=
Cash at bank and in hand54/58€15,147€1,966▼
Deferred charges and accrued income490/1€4,478€4,478=
Equity and liabilities
Total equity and liabilities10/49€539,726€547,107▲
Equity10/15€412,232€410,191▼
Contributions10/11€605,000€605,000=
Capital10€605,000€605,000=
Issued capital100€605,000€605,000=
Uncalled capital101€0€0=
Contributions outside capital11€0€0=
Share premium1100/10€0€0=
Other1109/19€0€0=
Revaluation surpluses12€0€0=
Reserves13€60,500€60,500=
Non-distributable reserves130/1€60,500€60,500=
Legal reserve130€60,500€60,500=
Reserves not available under the articles1311€0€0=
Own shares acquired1312€0€0=
Financial assistance1313€0€0=
Other1319€0€0=
Tax-exempt reserves132€0€0=
Distributable reserves133€0€0=
Profit (loss) carried forward14-€253,268-€255,309▼
Investment grants15€0€0=
Advance to shareholders on the distribution of net assets19€0€0=
Provisions and deferred taxes16€71,590€71,590=
Provisions for liabilities and charges160/5€71,590€71,590=
Pensions and similar obligations160€0€0=
Taxes161€0€0=
Major repairs and maintenance162€0€0=
Environmental obligations163€71,590€71,590=
Other liabilities and charges164/5€0€0=
Deferred taxes168€0€0=
Amounts payable17/49€55,904€65,326▲
Amounts payable after more than one year17€0€0=
Financial debts170/4€0€0=
Trade debts175€0€0=
Advances received on contracts in progress176€0€0=
Other amounts payable178/9€0€0=
Amounts payable within one year42/48€55,904€65,326▲
Current portion of amounts payable after more than one year42€0€0=
Financial debts43€0€0=
Credit institutions430/8€0€0=
Other loans439€0€0=
Trade debts44€4,756€7,256▲
Suppliers440/4€4,756€7,256▲
Bills of exchange payable441€0€0=
Advances received on contracts in progress46€0€0=
Taxes, remuneration and social security45€51,148€58,070▲
Taxes450/3€51,148€58,070▲
Remuneration and social security454/9€0€0=
Other amounts payable47/48€0€0=
Accrued charges and deferred income492/3€0€0=
Income statement Code20232024
Turnover70€54,000€40,500▼
Non-recurring operating income76A€0€0=
Goods, raw materials, services and sundry goods60/61€32,940€22,963▼
Remuneration, social security and pensions62€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€0=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€0=
Provisions for liabilities and charges: additions (uses and reversals)635/8€5,000€0▼
Other operating charges640/8€16,705€19,534▲
Operating charges capitalised as restructuring costs649€0€0=
Non-recurring operating charges66A€0€0=
Gross operating margin9900€21,060€17,537▼
Operating profit (loss)9901-€645-€1,997▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Non-recurring financial income76B€0€0=
Financial charges65/66B€23€44▲
Recurring financial charges65€23€44▲
Non-recurring financial charges66B€0€0=
Profit (loss) for the period before taxes9903-€668-€2,041▼
Transfer from deferred taxes780€0€0=
Transfer to deferred taxes680€0€0=
Income taxes67/77€0€0=
Profit (loss) for the period9904-€668-€2,041▼
Transfer from tax-exempt reserves789€0€0=
Transfer to tax-exempt reserves689€0€0=
Profit (loss) for the period to be appropriated9905-€668-€2,041▼
Appropriation of the result
Profit (loss) to be appropriated9906-€253,268-€255,309▼
Profit (loss) brought forward from the previous period14P-€252,600-€253,268▼
Transfer from equity791/2€0€0=
Transfer to equity691/2€0€0=
Addition to contributions691€0€0=
To the legal reserve6920€0€0=
To other reserves6921€0€0=
Shareholders' contribution to the loss794€0€0=
Profit to be distributed694/7€0€0=
Return on contributions (dividend)694€0€0=
Directors or managers695€0€0=
Employees696€0€0=
Other beneficiaries697€0€0=
Social balance sheet
Average headcount (FTE)90870.00.0=

The notes to these accounts (108 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Turnover70---€20,939€41,000€54,000€40,500▼ 25.0%
Non-recurring operating income76A----€0€0€0-
Goods, raw materials, services and sundry goods60/61---€6,330€4,012€32,940€22,963▼ 30.3%
Remuneration, social security and pensions62---€0€0€0€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€0€0€0€0-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€0€0€0€0-
Provisions for liabilities and charges: additions (uses and reversals)635/8---€0€0€5,000€0▼ 100%
Other operating charges640/8---€12,367€12,880€16,705€19,534▲ 16.9%
Operating charges capitalised as restructuring costs649----€0€0€0-
Non-recurring operating charges66A---€0€0€0€0-
Gross operating margin9900€9,977€290€13,599€14,610€36,988€21,060€17,537▼ 16.7%
Operating profit (loss)9901-€1,369-€11,331€1,514€2,242€24,108-€645-€1,997▼ 210%
Financial income75/76B---€25,675€1,600€0€0-
Recurring financial income75€4,951€4,819€4,832€4,478€1,600€0€0-
Non-recurring financial income76B---€21,197€0€0€0-
Financial charges65/66B---€197,642€165,476€23€44▲ 91.3%
Recurring financial charges65€1,512€3,439€1,616€663€127€23€44▲ 91.3%
Non-recurring financial charges66B---€196,979€165,349€0€0-
Profit (loss) for the period before taxes9903€2,071-€6,499€4,731-€169,725-€139,768-€668-€2,041▼ 206%
Transfer from deferred taxes780---€0€0€0€0-
Transfer to deferred taxes680---€0€0€0€0-
Income taxes67/77---€0€0€0€0-
Profit (loss) for the period9904€2,071-€6,499€4,731-€169,725-€139,768-€668-€2,041▼ 206%
Transfer from tax-exempt reserves789---€0€0€0€0-
Transfer to tax-exempt reserves689---€0€0€0€0-
Profit (loss) for the period to be appropriated9905€2,071-€6,499€4,731-€169,725-€139,768-€668-€2,041▼ 206%
Line2018201920202021202220232024Change
Assets
Total assets20/58€753,313€737,178€755,239€572,895€511,628€539,726€547,107▲ 1.4%
Formation expenses20---€0€0€0€0-
Fixed assets21/28€500,000€500,000€500,000€500,000€500,000€500,000€500,000=
Intangible fixed assets21---€0€0€0€0-
Tangible fixed assets22/27€500,000€500,000€500,000€500,000€500,000€500,000€500,000=
Land and buildings22---€500,000€500,000€500,000€500,000=
Plant, machinery and equipment23---€0€0€0€0-
Furniture and vehicles24---€0€0€0€0-
Leasing and similar rights25---€0€0€0€0-
Other tangible fixed assets26---€0€0€0€0-
Assets under construction and advance payments27---€0€0€0€0-
Financial fixed assets28---€0€0€0€0-
Current assets29/58€253,313€237,178€255,239€72,895€11,628€39,726€47,107▲ 18.6%
Amounts receivable after more than one year29---€0€0€0€0-
Trade receivables290---€0€0€0€0-
Other amounts receivable291---€0€0€0€0-
Stocks and contracts in progress3---€0€0€0€0-
Stocks30/36---€0€0€0€0-
Contracts in progress37---€0€0€0€0-
Amounts receivable within one year40/41€252,496€237,030€254,512€65,873€3,025€20,101€40,663▲ 102%
Trade receivables40---€1,190€1,190€1,190€1,190=
Other amounts receivable41---€64,683€1,835€18,911€39,473▲ 109%
Current investments50/53---€0€0€0€0-
Cash at bank and in hand54/58€818€148€727€2,545€4,125€15,147€1,966▼ 87.0%
Deferred charges and accrued income490/1---€4,478€4,478€4,478€4,478=
Equity and liabilities
Total equity and liabilities10/49€753,313€737,178€755,239€572,895€511,628€539,726€547,107▲ 1.4%
Equity10/15€710,660€704,161€708,892€539,168€399,400€412,232€410,191▼ 0.5%
Contributions10/11€605,000€605,000€605,000€605,000€605,000€605,000€605,000=
Capital10---€605,000€605,000€605,000€605,000=
Issued capital100---€605,000€605,000€605,000€605,000=
Uncalled capital101---€0€0€0€0-
Contributions outside capital11---€0€0€0€0-
Share premium1100/10---€0€0€0€0-
Other1109/19---€0€0€0€0-
Revaluation surpluses12---€0€0€0€0-
Reserves13€278,430€278,430€278,430€60,500€60,500€60,500€60,500=
Non-distributable reserves130/1---€60,500€60,500€60,500€60,500=
Legal reserve130---€60,500€60,500€60,500€60,500=
Reserves not available under the articles1311---€0€0€0€0-
Own shares acquired1312---€0€0€0€0-
Financial assistance1313---€0€0€0€0-
Other1319---€0€0€0€0-
Tax-exempt reserves132---€0€0€0€0-
Distributable reserves133---€0€0€0€0-
Profit (loss) carried forward14-€172,770-€179,269-€174,538-€126,332-€266,100-€253,268-€255,309▼ 0.8%
Investment grants15---€0€0€0€0-
Advance to shareholders on the distribution of net assets19---€0€0€0€0-
Provisions and deferred taxes16---€0€66,590€71,590€71,590=
Provisions for liabilities and charges160/5---€0€66,590€71,590€71,590=
Pensions and similar obligations160---€0€0€0€0-
Taxes161---€0€0€0€0-
Major repairs and maintenance162---€0€0€0€0-
Environmental obligations163---€0€66,590€71,590€71,590=
Other liabilities and charges164/5---€0€0€0€0-
Deferred taxes168---€0€0€0€0-
Amounts payable17/49€42,653€33,016€46,347€33,727€45,638€55,904€65,326▲ 16.9%
Amounts payable after more than one year17---€0€0€0€0-
Financial debts170/4---€0€0€0€0-
Trade debts175---€0€0€0€0-
Advances received on contracts in progress176---€0€0€0€0-
Other amounts payable178/9---€0€0€0€0-
Amounts payable within one year42/48€42,653€33,016€46,347€33,727€45,638€55,904€65,326▲ 16.9%
Current portion of amounts payable after more than one year42---€0€0€0€0-
Financial debts43---€0€0€0€0-
Credit institutions430/8---€0€0€0€0-
Other loans439---€0€0€0€0-
Trade debts44€42,653€33,016€24,359€256€256€4,756€7,256▲ 52.6%
Suppliers440/4---€256€256€4,756€7,256▲ 52.6%
Bills of exchange payable441---€0€0€0€0-
Advances received on contracts in progress46---€0€0€0€0-
Taxes, remuneration and social security45---€33,471€45,382€51,148€58,070▲ 13.5%
Taxes450/3---€33,471€45,382€51,148€58,070▲ 13.5%
Remuneration and social security454/9---€0€0€0€0-
Other amounts payable47/48---€0€0€0€0-
Accrued charges and deferred income492/3-----€0€0-
Line2018201920202021202220232024Change
Profit (loss) for the period9904€2,071-€6,499€4,731-€169,725-€139,768-€668-€2,041▼ 206%
+ Depreciation and write-downs630---€0€0€0€0-
Operating cash flow (approximation)€2,071-€6,499€4,731-€169,725-€139,768-€668-€2,041▼ 206%
Investment in fixed assets (approximation)-€0€0€0€0€0€0-
Change in cash--€669€579€1,817€1,580€11,022-€13,181-

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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Latest 10 of 36 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 abbreviated format 27-01-2026 2026-00019491
31-12-2023 abbreviated format 27-01-2026 2026-00018489
31-12-2022 abbreviated format 26-01-2026 2026-00019432
31-12-2021 abbreviated format 15-05-2023 2023-00087159
31-12-2020 abbreviated format 30-07-2021 2021-43500407
31-12-2019 abbreviated format 09-10-2020 2020-61600478
31-12-2018 abbreviated format 09-10-2020 2020-61600423
31-12-2017 abbreviated format 30-09-2018 2018-68400540
31-12-2016 abbreviated format 29-09-2017 2017-65900154
31-12-2015 abbreviated format 31-08-2016 2016-58400359

Show all 36 filings

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