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DECOFAR

Active
Public limited companyfounded 199630 yrs activeMechelbaan 107, 2580 Putte, BelgiumKBO/BCE: BE 0457.830.201
Summary

DECOFAR has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-64k) and a net result of €-54k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-18
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.03 in 2024; short-term debt: 171.4% and cash: 0.1% of total assets), and equity is negative.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025
Solvency, return and age of the figures
Solvency
-71.4%
Return on assets
-60.6%
Age of the figures
9 mo
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 30 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €-64k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 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 · 10 filings
Deviation from the deadline
2025
22 d late
2024
25 d late
2023
15 d early
2022
51 d late
2021
24 d early
2020
25 d late
2019
38 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, abbreviated schema

Equity
€-64k▼ 557%
2024 · €-10k
2018: €-32k 2019: €161k▲ +597% vs 2018 2020: €259k▲ +61.2% vs 2019highest in 8 years 2021: €191k▼ -26.0% vs 2020 2022: €119k▼ -37.7% vs 2021 2023: €37k▼ -69.1% vs 2022 2024: €-10k▼ -126% vs 2023 2025: €-64k▼ -557% vs 2024lowest in 8 years
2018 → 2025
Total assets
€89k▼ 33.6%
2024 · €135k
2018: €237k 2019: €188k▼ -20.9% vs 2018 2020: €356k▲ +89.9% vs 2019highest in 8 years 2021: €289k▼ -18.8% vs 2020 2022: €230k▼ -20.6% vs 2021 2023: €167k▼ -27.4% vs 2022 2024: €135k▼ -19.3% vs 2023 2025: €89k▼ -33.6% vs 2024lowest in 8 years
2018 → 2025
Net result
€-54k▼ 16.1%
2024 · €-47k
2018: €14k 2019: €-57k▼ -518% vs 2018 2020: €98k▲ +272% vs 2019highest in 8 years 2021: €-67k▼ -169% vs 2020 2022: €-72k▼ -7.2% vs 2021 2023: €-82k▼ -13.9% vs 2022lowest in 8 years 2024: €-47k▲ +43.4% vs 2023 2025: €-54k▼ -16.1% vs 2024
2018 → 2025
Working capital
€-152k▼ 8.7%
2024 · €-140k
2018: €-217klowest in 8 years 2019: €-5k▲ +97.6% vs 2018highest in 8 years 2020: €-63k▼ -1125% vs 2019 2021: €-83k▼ -31.7% vs 2020 2022: €-107k▼ -29.5% vs 2021 2023: €-126k▼ -17.5% vs 2022 2024: €-140k▼ -11.7% vs 2023 2025: €-152k▼ -8.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€191k-€119k▼ 37.7%€37k▼ 69.1%€-10k€-64k▼ 557% 2021: €191khighest in 5 years 2022: €119k▼ -37.7% vs 2021 2023: €37k▼ -69.1% vs 2022 2024: €-10k▼ -126% vs 2023 2025: €-64k▼ -557% vs 2024lowest in 5 years
Operating result€-67k-€-72k▼ 7.3%€-82k▼ 14.2%€-46k▲ 43.7%€-54k▼ 16.2% 2021: €-67k 2022: €-72k▼ -7.3% vs 2021 2023: €-82k▼ -14.2% vs 2022lowest in 5 years 2024: €-46k▲ +43.7% vs 2023highest in 5 years 2025: €-54k▼ -16.2% vs 2024
Net result€-67k-€-72k▼ 7.2%€-82k▼ 13.9%€-47k▲ 43.4%€-54k▼ 16.1% 2021: €-67k 2022: €-72k▼ -7.2% vs 2021 2023: €-82k▼ -13.9% vs 2022lowest in 5 years 2024: €-47k▲ +43.4% vs 2023highest in 5 years 2025: €-54k▼ -16.1% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-75k€-50k€-25k€0Operating result 2021: €-67k€-67kNet result 2021: €-67k€-67kOperating result 2022: €-72k€-72kNet result 2022: €-72k€-72kOperating result 2023: €-82k€-82kNet result 2023: €-82k€-82kOperating result 2024: €-46k€-46kNet result 2024: €-47k€-47kOperating result 2025: €-54k€-54kNet result 2025: €-54k€-54k20212022202320242025€-100k€-75k€-50k€-25k€0Operating result 2023: €-82k€-82kNet result 2023: €-82k€-82kOperating result 2024: €-46k€-46kNet result 2024: €-47k€-47kOperating result 2025: €-54k€-54kNet result 2025: €-54k€-54k202320242025
The operating result stays negative: a loss of €54k in 2025 against €46k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets €89k ▼ 32.1%
Current assets €555 ▼ 85.9%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-12k▲
2024 · €-14k
Cash flow
€-12k▲
2024 · €-15k
Solvency
-71.4%▼
2024 · -7.2%
Current ratio
0.00▼
2024 · 0.03
Debt to equity
-2.40▲
2024 · -14.86
ROA
-60.6%▼
2024 · -34.6%
Interest coverage
-42.20▲
2024 · -52.89
Debt
€153k▲
2024 · €144k
Debt ≤ 1 year
€153k▲
2024 · €144k
Income taxes
€75▼
2024 · €86
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 · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€135k€89k▼
Fixed assets21/28€131k€89k▼
Intangible fixed assets21€129k€89k▼
Tangible fixed assets22/27€2k€84▼
Land and buildings22€179-
Plant, machinery and equipment23€2k€84▼
Current assets29/58€4k€555▼
Amounts receivable within one year40/41€3k€432▼
Trade receivables40€3k-
Other amounts receivable41€35€432▲
Cash at bank and in hand54/58€863€123▼
Equity and liabilities
Total equity and liabilities10/49€135k€89k▼
Equity10/15€-10k€-64k▼
Contributions10/11€312k€312k=
Capital10€312k€312k=
Issued capital100€312k€312k=
Reserves13€30k€30k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€-352k€-406k▼
Amounts payable17/49€144k€153k▲
Amounts payable within one year42/48€144k€153k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€86€161▲
Taxes450/3€86€161▲
Other amounts payable47/48€143k€152k▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€42k▲
Other operating charges640/8€118€120▲
Gross operating margin9900€-14k€-12k▲
Operating profit (loss)9901€-46k€-54k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€272€280▲
Recurring financial charges65€272€280▲
Profit (loss) for the period before taxes9903€-46k€-54k▼
Income taxes67/77€86€75▼
Profit (loss) for the period9904€-47k€-54k▼
Profit (loss) for the period to be appropriated9905€-47k€-54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-352k€-406k▼
Profit (loss) brought forward from the previous period14P€-305k€-352k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€48k€64k€32k€42k▲ 31.5%
Other operating charges640/8€1k€406€298€118€120▲ 1.7%
Gross operating margin9900€-18k€-23k€-17k€-14k€-12k▲ 17.9%
Operating profit (loss)9901€-67k€-72k€-82k€-46k€-54k▼ 16.2%
Financial income75/76B€29€0-€0--
Recurring financial income75€29€0-€0--
Non-recurring financial income76B€29-----
Financial charges65/66B€179€155€179€272€280▲ 3.1%
Recurring financial charges65€179€155€179€272€280▲ 3.1%
Profit (loss) for the period before taxes9903€-67k€-72k€-82k€-46k€-54k▼ 16.1%
Income taxes67/77€363€293€126€86€75▼ 13.1%
Profit (loss) for the period9904€-67k€-72k€-82k€-47k€-54k▼ 16.1%
Profit (loss) for the period to be appropriated9905€-67k€-72k€-82k€-47k€-54k▼ 16.1%
Line20212022202320242025Change
Assets
Total assets20/58€289k€230k€167k€135k€89k▼ 33.6%
Fixed assets21/28€274k€226k€162k€131k€89k▼ 32.1%
Intangible fixed assets21€242k€207k€157k€129k€89k▼ 31.1%
Tangible fixed assets22/27€32k€19k€6k€2k€84▼ 95.7%
Land and buildings22€774€538€358€179--
Plant, machinery and equipment23€6k€4k€3k€2k€84▼ 95.3%
Furniture and vehicles24€26k€14k€2k---
Current assets29/58€15k€3k€4k€4k€555▼ 85.9%
Amounts receivable within one year40/41€12k€2k€4k€3k€432▼ 85.9%
Trade receivables40€11k€2k€3k€3k--
Other amounts receivable41€1k-€1k€35€432▲ 1,119%
Cash at bank and in hand54/58€3k€507€180€863€123▼ 85.8%
Deferred charges and accrued income490/1-€809----
Equity and liabilities
Total equity and liabilities10/49€289k€230k€167k€135k€89k▼ 33.6%
Equity10/15€191k€119k€37k€-10k€-64k▼ 557%
Contributions10/11€312k€312k€312k€312k€312k=
Capital10€312k€312k€312k€312k€312k=
Issued capital100€312k€312k€312k€312k€312k=
Reserves13€30k€30k€30k€30k€30k=
Non-distributable reserves130/1€6k€6k€6k€6k€6k=
Legal reserve130€6k€6k€6k€6k€6k=
Distributable reserves133€24k€24k€24k€24k€24k=
Profit (loss) carried forward14€-151k€-223k€-305k€-352k€-406k▼ 15.4%
Amounts payable17/49€98k€110k€130k€144k€153k▲ 6.1%
Amounts payable within one year42/48€98k€110k€130k€144k€153k▲ 6.1%
Trade debts44€3k€4k€3k€2k€1k▼ 19.5%
Suppliers440/4€3k€4k€3k€2k€1k▼ 19.5%
Taxes, remuneration and social security45€821€696€419€86€161▲ 86.9%
Taxes450/3€821€696€419€86€161▲ 86.9%
Other amounts payable47/48€94k€106k€127k€143k€152k▲ 6.4%
Line20212022202320242025Change
Profit (loss) for the period9904€-67k€-72k€-82k€-47k€-54k▼ 16.1%
+ Depreciation and write-downs630€48k€48k€64k€32k€42k▲ 31.5%
Operating cash flow (approximation)€-20k€-24k€-18k€-15k€-12k▲ 17.3%
Investment in fixed assets (approximation)-€0€-756€0€0-
Change in cash-€-2k€-327€684€-740▼ 208%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 22 days late
2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
16-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-82k
Net result drops to €-82k, the lowest in the series; recovery starts the following year.
20-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
07-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial Back to profitnet €98k
Net result €98k after one loss-making year.
31-12
Financial Equity above €200kEq €259k ▲61.2%
Equity rises from €161k to €259k.
07-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
31-12
Financial Equity above €150kEq €161k
Equity rises from €-32k to €161k.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Putte · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
4,200 m²
Building footprint
335 m²
Volume, LiDAR
2,119 m³
Parcel 12001C0291/00M002, Flanders · tallest building 17.9 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
DECOFAR NV
Mechelbaan 107, 2580 PutteNACE 5144202
since 19962.076.629.745
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12001C0291/00M002 Flanders 4,200 m² 1 · 335 m² 17.9 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 798 companies in sector 46450 we hold annual accounts for 451. 289 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded22-04-1996
Fiscal year end31-12
Activities, NACEBEL 2025
46450Wholesale of perfume and cosmetics
47783Retail trade

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