DECOCORK
InactiveDECOCORK was declared bankrupt on 18-07-2024 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed for insufficient assets by judgment of 24-03-2026, published in the Belgian State Gazette on 27-03-2026.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 12-07-2021, 19 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
19 d early
2019
133 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 57 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
-€1,392▲ 5.3%
2019 · -€1,471
Total assets
€20,861▲ 34.4%
2019 · €15,523
Net result
€79
2019 · -€7,671
Working capital
-€825
2019 · €2,519
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020
Operating result-€7,340-€207
Net result-€7,671-€79
Equity-€1,471--€1,392▲ 5.3%
Total assets€15,523-€20,861▲ 34.4%
Debt€16,994-€22,254▲ 30.9%
Working capital€2,519--€825
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 2020: €207 after a loss of €7,340 in 2019.
Key figures and ratios
Solvency
-6.7%▲
2019 · -9.5%
Current ratio
0.96▼
2019 · 1.19
Quick ratio
0.10▼
2019 · 0.23
Debt to equity
-0.41▲
2019 · -2.71
ROA
0.4%▲
2019 · -49.4%
Debt ≤ 1 year
€21,686▲
2019 · €13,004
Debt > 1 year
€568▼
2019 · €3,990
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Gross operating margin9900 | -€7,340 | €441 | ▲ 106% |
| Operating profit (loss)9901 | -€7,340 | €207 | ▲ 103% |
| Recurring financial charges65 | €331 | €128 | ▼ 61.3% |
| Profit (loss) for the period before taxes9903 | -€7,671 | €79 | ▲ 101% |
| Profit (loss) for the period9904 | -€7,671 | €79 | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | -€7,671 | €79 | ▲ 101% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €15,523 | €20,861 | ▲ 34.4% |
| Current assets29/58 | €15,523 | €20,861 | ▲ 34.4% |
| Stocks and contracts in progress3 | €12,475 | €18,755 | ▲ 50.3% |
| Amounts receivable within one year40/41 | €1,919 | €607 | ▼ 68.4% |
| Cash at bank and in hand54/58 | €1,129 | €1,451 | ▲ 28.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €15,523 | €20,861 | ▲ 34.4% |
| Equity10/15 | -€1,471 | -€1,392 | ▲ 5.3% |
| Contributions10/11 | €6,200 | - | - |
| Profit (loss) carried forward14 | -€7,671 | -€7,592 | ▲ 1.0% |
| Amounts payable17/49 | €16,994 | €22,254 | ▲ 30.9% |
| Amounts payable after more than one year17 | €3,990 | €568 | ▼ 85.8% |
| Amounts payable within one year42/48 | €13,004 | €21,686 | ▲ 66.8% |
| Trade debts44 | - | €475 | - |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€7,671 | €79 | ▲ 101% |
| Operating cash flow (approximation) | -€7,671 | €79 | ▲ 101% |
| Change in cash | - | €321 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
27-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 24-03-2026
2024
24-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 18-07-2024
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €79
Net result €79 after one loss-making year.
11-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 133 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ELLEN DE GEETER DOORNIKSEWIJK 134, 8500 KORT-
RIJK |
18-07-2024 → 24-03-2026 |