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DECOENE YVES

Active
Private limited company (pre-2019)founded 200619 yrs activeVlasbloemstraat 4, 8880 Ledegem, BelgiumKBO/BCE: BE 0883.970.502
Summary

The computed 12-month bankruptcy probability of DECOENE YVES is 1.6% (moderate). For DECOENE YVES, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €51k and a net result of €4k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 84% of 30859 sector peers (fiscal year 2022). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability76▲+2
Solvency100▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022
Solvency, return and age of the figures
Solvency
74.7%
Return on assets
6.2%
Age of the figures
45 mo
raises risk · 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-07-2023, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
3 d early
2021
29 d late
2020
25 d late
2019
28 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2022, micro schema

Equity
€51k▲ 9.0%
2021 · €47k
2018: €37k 2019: €40k 2020: €44k 2021: €47k
2018 → 2022
Total assets
€68k▲ 5.0%
2021 · €65k
2018: €63k 2019: €71k 2020: €67k 2021: €65k
2018 → 2022
Net result
€4k▲ 46.2%
2021 · €3k
2018: €6k 2019: €4k 2020: €4k 2021: €3k
2018 → 2022
Working capital
€49k▲ 15.6%
2021 · €43k
2018: €33k 2019: €36k 2020: €38k 2021: €43k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Equity€37k-€40k▲ 10.2%€44k▲ 8.8%€47k▲ 6.5%€51k▲ 9.0%
Operating result€7k-€8k▲ 24.4%€7k▼ 9.3%€6k▼ 23.6%€7k▲ 32.2%
Net result€6k-€4k▼ 33.7%€4k▼ 5.0%€3k▼ 18.7%€4k▲ 46.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€3k€5k€8kOperating result 2018: €7k€7kNet result 2018: €6k€6kOperating result 2019: €8k€8kNet result 2019: €4k€4kOperating result 2020: €7k€7kNet result 2020: €4k€4kOperating result 2021: €6k€6kNet result 2021: €3k€3kOperating result 2022: €7k€7kNet result 2022: €4k€4k20182019202020212022€0€2k€4k€6k€8kOperating result 2020: €7k€7.4kNet result 2020: €4k€3.5kOperating result 2021: €6k€5.7kNet result 2021: €3k€2.9kOperating result 2022: €7k€7.5kNet result 2022: €4k€4.2k202020212022
The operating result recovers in 2022; 2022 is 32% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €68k
Fixed assets €2k ▼ 64.8%
Current assets €67k ▲ 10.1%
Equity and liabilities €68k
Equity €51k ▲ 9.0%
Debt €17k ▼ 5.1%
Debt's share of the balance-sheet total falls from 28.0% to 25.3%. Equity is higher and debt is lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€11k
2021 · €9k
Cash flow
€8k
2021 · €6k
Current ratio
3.87
2021 · 3.40
Quick ratio
2.31
2021 · 1.89
Debt to equity
0.34
2021 · 0.39
ROE
8.2%
2021 · 6.1%
ROA
6.2%
2021 · 4.4%
Interest coverage
13.13
2021 · 7.10
Debt ≤ 1 year
€17k
2021 · €18k
Income taxes
€2k
2021 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 48 lines
Balance sheet Code20212022
Assets
Total assets20/58€65k€68k
Fixed assets21/28€4k€2k
Tangible fixed assets22/27€4k€764
Furniture and vehicles24€4k€764
Financial fixed assets28€780€780=
Current assets29/58€61k€67k
Stocks and contracts in progress3€27k€27k
Contracts in progress37€27k€27k
Amounts receivable within one year40/41€33k€40k
Trade receivables40€7k€11k
Other amounts receivable41€26k€28k
Cash at bank and in hand54/58€873€170
Equity and liabilities
Total equity and liabilities10/49€65k€68k
Equity10/15€47k€51k
Contributions10/11€12k€12k=
Reserves13€20k€25k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€19k€23k
Profit (loss) carried forward14€14k€14k=
Amounts payable17/49€18k€17k
Amounts payable within one year42/48€18k€17k
Current portion of amounts payable after more than one year42€2k-
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€12k€13k
Suppliers440/4€12k€13k
Taxes, remuneration and social security45€1k€53
Taxes450/3€53€53=
Remuneration and social security454/9€1k-
Other amounts payable47/48€2k€2k=
Accrued charges and deferred income492/3€390-
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k
Other operating charges640/8€706€812
Gross operating margin9900€10k€12k
Operating profit (loss)9901€6k€7k
Financial income75/76B€232-
Recurring financial income75€232-
Financial charges65/66B€1k€851
Recurring financial charges65€1k€851
Profit (loss) for the period before taxes9903€5k€7k
Income taxes67/77€2k€2k
Profit (loss) for the period9904€3k€4k
Profit (loss) for the period to be appropriated9905€3k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€17k€18k
Profit (loss) brought forward from the previous period14P€14k€14k=
Transfer to equity691/2€3k€4k
To other reserves6921€3k€4k

The notes to these accounts (9 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

2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial Weakest financial yearnet €3k ▼18.7%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
25-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
26-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
23-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
30-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Ledegem · 1 establishment unit since 2006
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.

Vlasbloemstraat 48880 Ledegem
Ground area
1,304 m²
Building footprint
175 m²
Volume, LiDAR
1,427 m³
2 parcels, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Decoene Yves
Kerkstraat 4, 8890 MoorsledeAgents in non-specialised wholesale trade
since 20062.156.640.986
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36012F0327/00R000 Flanders 806 m² 1 · 89 m² 14.9 m · 4 fl.
36010C0444/00B000 Flanders 498 m² 1 · 86 m² 6.5 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

Of 11,135 companies in sector 43910 we hold annual accounts for 5,488. 4,709 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded26-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

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