DECOFIX
ActiveSummary
DECOFIX has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107k and a net result of €31k. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 51% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▲+18
Solvency73▲+13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 0.85 in 2024; short-term debt: 25.5% and cash: 25.5% of total assets), and 52.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-11-2025, 17 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 filingsDeviation from the deadline
2025
17 d late
2024
1 d early
2023
3 d late
2022
4 d late
2021
3 d late
2020
15 d late
2019
145 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€107k▲ 38.9%
2024 · €77k
2019: €44k
2020: €33k▼ -25.6% vs 2019
2021: €29k▼ -11.0% vs 2020lowest in 7 years
2022: €59k▲ +102% vs 2021
2023: €80k▲ +35.6% vs 2022
2024: €77k▼ -3.6% vs 2023
2025: €107k▲ +38.9% vs 2024highest in 7 years
2019 → 2025
Total assets
€225k▲ 1.4%
2024 · €222k
2019: €317khighest in 7 years
2020: €301k▼ -5.0% vs 2019
2021: €256k▼ -15.0% vs 2020
2022: €255k▼ -0.7% vs 2021
2023: €272k▲ +6.9% vs 2022
2024: €222k▼ -18.5% vs 2023lowest in 7 years
2025: €225k▲ +1.4% vs 2024
2019 → 2025
Net result
€31k
2024 · €-2k
2019: €9k
2020: €-11k▼ -223% vs 2019lowest in 7 years
2021: €-4k▲ +68.1% vs 2020
2022: €31k▲ +951% vs 2021
2023: €22k▼ -28.8% vs 2022
2024: €-2k▼ -110% vs 2023
2025: €31k▲ +1583% vs 2024highest in 7 years
2019 → 2025
Working capital
€11k
2024 · €-7k
2019: €-1k
2020: €-18k▼ -1390% vs 2019
2021: €-32k▼ -77.6% vs 2020lowest in 7 years
2022: €169▲ +101% vs 2021
2023: €6k▲ +3204% vs 2022
2024: €-7k▼ -223% vs 2023
2025: €11k▲ +267% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€59k▲ 102%€80k▲ 35.6%€77k▼ 3.6%€107k▲ 38.9%
2021: €29klowest in 5 years
2022: €59k▲ +102% vs 2021
2023: €80k▲ +35.6% vs 2022
2024: €77k▼ -3.6% vs 2023
2025: €107k▲ +38.9% vs 2024highest in 5 years
Operating result€5k-€38k▲ 629%€34k▼ 10.2%€4k▼ 88.9%€47k▲ 1,156%
2021: €5k
2022: €38k▲ +629% vs 2021
2023: €34k▼ -10.2% vs 2022
2024: €4k▼ -88.9% vs 2023lowest in 5 years
2025: €47k▲ +1156% vs 2024highest in 5 years
Net result€-4k-€31k€22k▼ 28.8%€-2k€31k
2021: €-4klowest in 5 years
2022: €31k▲ +951% vs 2021
2023: €22k▼ -28.8% vs 2022
2024: €-2k▼ -110% vs 2023
2025: €31k▲ +1583% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,156% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €225k
Fixed assets
€156k ▼ 14.8%
Current assets
€69k ▲ 78.6%
Equity and liabilities €225k
Equity
€107k ▲ 38.9%
Debt
€117k ▼ 18.7%
Debt's share of the balance-sheet total falls from 65.1% to 52.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80k▲
2024 · €41k
Cash flow
€64k▲
2024 · €35k
Current ratio
1.20▲
2024 · 0.85
Quick ratio
1.18▲
2024 · 0.79
Debt to equity
1.09▼
2024 · 1.87
ROE
28.8%▲
2024 · -2.7%
ROA
13.7%▲
2024 · -0.9%
Interest coverage
15.88▲
2024 · 6.27
Debt ≤ 1 year
€57k▲
2024 · €45k
Debt > 1 year
€60k▼
2024 · €99k
Income taxes
€12k▲
2024 · €130
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 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€222k€225k▲
Formation expenses20€0€0=
Fixed assets21/28€183k€156k▼
Tangible fixed assets22/27€183k€156k▼
Land and buildings22€150k€126k▼
Plant, machinery and equipment23€1k€793▼
Furniture and vehicles24€0€3k▲
Leasing and similar rights25€25k€19k▼
Other tangible fixed assets26€7k€7k▼
Financial fixed assets28€390€390=
Current assets29/58€39k€69k▲
Stocks and contracts in progress3€3k€1k▼
Stocks30/36€3k€1k▼
Amounts receivable within one year40/41€8k€9k▲
Trade receivables40€566€9k▲
Other amounts receivable41€8k€0▼
Cash at bank and in hand54/58€26k€57k▲
Deferred charges and accrued income490/1€1k€1k=
Equity and liabilities
Total equity and liabilities10/49€222k€225k▲
Equity10/15€77k€107k▲
Contributions10/11€12k€12k=
Reserves13€39k€72k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€13k€13k=
Distributable reserves133€26k€59k▲
Profit (loss) carried forward14€14k€14k▲
Investment grants15€13k€10k▼
Amounts payable17/49€144k€117k▼
Amounts payable after more than one year17€99k€60k▼
Financial debts170/4€95k€56k▼
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€45k€57k▲
Current portion of amounts payable after more than one year42€37k€39k▲
Financial debts43€1k€0▼
Credit institutions430/8€1k€0▼
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€0€8k▲
Taxes450/3€0€8k▲
Remuneration and social security454/9€0€90▲
Other amounts payable47/48€3k€7k▲
Accrued charges and deferred income492/3€63€65▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€33k▼
Other operating charges640/8€5k€4k▼
Gross operating margin9900€46k€84k▲
Operating profit (loss)9901€4k€47k▲
Financial income75/76B€738€457▼
Recurring financial income75€738€457▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€-2k€43k▲
Income taxes67/77€130€12k▲
Profit (loss) for the period9904€-2k€31k▲
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€1k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€48k▲
Profit (loss) brought forward from the previous period14P€13k€14k▲
Transfer to equity691/2-€33k
To other reserves6921-€33k
Profit to be distributed694/7€808€841▲
Return on contributions (dividend)694€808€841▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36k | €32k | €33k | €37k | €33k | ▼ 11.0% |
| Other operating charges640/8 | - | €767 | €3k | €5k | €4k | ▼ 18.8% |
| Gross operating margin9900 | €42k | €71k | €69k | €46k | €84k | ▲ 84.2% |
| Operating profit (loss)9901 | €5k | €38k | €34k | €4k | €47k | ▲ 1,156% |
| Financial income75/76B | - | €467 | €530 | €738 | €457 | ▼ 38.1% |
| Recurring financial income75 | €689 | €467 | €530 | €738 | €457 | ▼ 38.1% |
| Financial charges65/66B | - | €8k | €7k | €6k | €5k | ▼ 22.0% |
| Recurring financial charges65 | €9k | €8k | €7k | €6k | €5k | ▼ 22.0% |
| Profit (loss) for the period before taxes9903 | €-3k | €31k | €27k | €-2k | €43k | ▲ 2,287% |
| Income taxes67/77 | €115 | €120 | €5k | €130 | €12k | ▲ 9,021% |
| Profit (loss) for the period9904 | €-4k | €31k | €22k | €-2k | €31k | ▲ 1,583% |
| Transfer from tax-exempt reserves789 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) for the period to be appropriated9905 | €-435 | €34k | €25k | €1k | €34k | ▲ 3,023% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €256k | €255k | €272k | €222k | €225k | ▲ 1.4% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €237k | €205k | €211k | €183k | €156k | ▼ 14.8% |
| Tangible fixed assets22/27 | €237k | €205k | €211k | €183k | €156k | ▼ 14.8% |
| Land and buildings22 | - | €185k | €165k | €150k | €126k | ▼ 16.0% |
| Plant, machinery and equipment23 | - | €0 | €1k | €1k | €793 | ▼ 26.9% |
| Furniture and vehicles24 | - | €1k | €689 | €0 | €3k | - |
| Leasing and similar rights25 | - | €9k | €36k | €25k | €19k | ▼ 25.4% |
| Other tangible fixed assets26 | - | €9k | €8k | €7k | €7k | ▼ 0.5% |
| Financial fixed assets28 | €390 | €390 | €390 | €390 | €390 | = |
| Current assets29/58 | €19k | €50k | €61k | €39k | €69k | ▲ 78.6% |
| Stocks and contracts in progress3 | €2k | €1k | €4k | €3k | €1k | ▼ 57.5% |
| Stocks30/36 | - | €1k | €4k | €3k | €1k | ▼ 57.5% |
| Amounts receivable within one year40/41 | €7k | €35k | €15k | €8k | €9k | ▲ 8.8% |
| Trade receivables40 | - | €34k | €14k | €566 | €9k | ▲ 1,496% |
| Other amounts receivable41 | - | €1k | €1k | €8k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €10k | €12k | €39k | €26k | €57k | ▲ 119% |
| Deferred charges and accrued income490/1 | - | €832 | €3k | €1k | €1k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €256k | €255k | €272k | €222k | €225k | ▲ 1.4% |
| Equity10/15 | €29k | €59k | €80k | €77k | €107k | ▲ 38.9% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €15k | €15k | €39k | €39k | €72k | ▲ 85.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | - | €13k | €13k | €13k | €13k | = |
| Distributable reserves133 | - | - | €24k | €26k | €59k | ▲ 127% |
| Profit (loss) carried forward14 | €-20k | €13k | €13k | €14k | €14k | ▲ 1.8% |
| Investment grants15 | - | €19k | €16k | €13k | €10k | ▼ 25.0% |
| Amounts payable17/49 | €227k | €195k | €192k | €144k | €117k | ▼ 18.7% |
| Amounts payable after more than one year17 | €176k | €146k | €136k | €99k | €60k | ▼ 39.3% |
| Financial debts170/4 | - | €142k | €132k | €95k | €56k | ▼ 40.9% |
| Other amounts payable178/9 | - | €4k | €4k | €4k | €4k | = |
| Amounts payable within one year42/48 | €51k | €49k | €55k | €45k | €57k | ▲ 26.2% |
| Current portion of amounts payable after more than one year42 | - | €35k | €40k | €37k | €39k | ▲ 5.0% |
| Financial debts43 | - | €786 | €1k | €1k | €0 | ▼ 100% |
| Credit institutions430/8 | - | €786 | €1k | €1k | €0 | ▼ 100% |
| Trade debts44 | €3k | €9k | €7k | €5k | €4k | ▼ 11.2% |
| Suppliers440/4 | - | €9k | €7k | €5k | €4k | ▼ 11.2% |
| Taxes, remuneration and social security45 | - | €2k | €4k | €0 | €8k | - |
| Taxes450/3 | - | €120 | €2k | €0 | €8k | - |
| Remuneration and social security454/9 | - | €2k | €2k | €0 | €90 | - |
| Other amounts payable47/48 | - | €3k | €3k | €3k | €7k | ▲ 146% |
| Accrued charges and deferred income492/3 | - | - | €163 | €63 | €65 | ▲ 3.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €31k | €22k | €-2k | €31k | ▲ 1,583% |
| + Depreciation and write-downs630 | €36k | €32k | €33k | €37k | €33k | ▼ 11.0% |
| Operating cash flow (approximation) | €33k | €63k | €54k | €35k | €64k | ▲ 83.5% |
| Investment in fixed assets (approximation) | - | €0 | €-39k | €-9k | €-6k | ▲ 35.7% |
| Change in cash | - | €2k | €27k | €-13k | €31k | ▲ 338% |
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
Next filing, fiscal year 2026, expected by
2025
17-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
31-03
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
31-03
Financial
Equity above €100kEq €107k ▲38.9%
Equity rises from €77k to €107k.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
03-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
31-03
Financial
Back to profitnet €31k
Net result €31k after 2 loss-making years.
31-03
Financial
Liquidity triplescurrent ratio 1.00
Current ratio from 0.37 to 1.00; short-term debt falls from €51k to €49k.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 15 days late
31-03
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
2019
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial 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
Registered office, Libramont-Chevigny · 1 establishment unit since 2003
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.
Séviscourt,Rue des Ecoles 586800 Libramont-Chevigny1 establishment unit
Séviscourt,Rue des Ecoles 58, 6800 Libramont-Chevigny
since 20032.131.784.935
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Of 7,863 companies in sector 43341 we hold annual accounts for 2,663. 2,253 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-04-2003
Fiscal year end31-03
Activities, NACEBEL 2025
43341Painting of buildings
43333Wallpapering and laying of floor and wall coverings in other materials
Scores and ratios are computed by Checked and are not a credit decision.