Decofix
ActiveThe computed 12-month bankruptcy probability of Decofix is 2.3% (moderate). The 2024 annual accounts show equity of €215k and a net result of €58k. Equity is growing by ~28.7% per year across the filed fiscal years. Its solvency ranks better than 46% of 36373 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83=
Solvency68▲+6
Growth52=
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 1.9 in 2023; short-term debt: 15.1% and cash: 8.7% of total assets), and 56.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
42 d early
2022
12 d early
2021
20 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€215k▲ 3.9%
2023 · €207k
2021: €86k
2022: €143k
2023: €207k
2021 → 2024
Total assets
€500k▼ 9.8%
2023 · €554k
2021: €165k
2022: €381k
2023: €554k
2021 → 2024
Net result
€58k▼ 9.3%
2023 · €64k
2021: €81k
2022: €57k
2023: €64k
2021 → 2024
Working capital
€236▼ 99.5%
2023 · €52k
2021: €38k
2022: €38k
2023: €52k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€86k-€143k▲ 66.7%€207k▲ 45.2%€215k▲ 3.9%
Operating result€102k-€77k▼ 24.4%€29k▼ 62.3%€86k▲ 195%
Net result€81k-€57k▼ 29.1%€64k▲ 12.9%€58k▼ 9.3%
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 2024; 2024 is 195% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €500k
Fixed assets
€424k▼ 4.6%
Current assets
€76k▼ 31.0%
Equity and liabilities €500k
Equity
€215k▲ 3.9%
Debt
€284k▼ 18.1%
The debt ratio falls from 62.6% to 56.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€127k▲
2023 · €75k
Cash flow
€99k▼
2023 · €110k
Solvency
43.1%▲
2023 · 37.4%
Current ratio
1.00▼
2023 · 1.90
Quick ratio
1.00▼
2023 · 1.90
Debt / equity
1.32▼
2023 · 1.68
ROE
27.1%▼
2023 · 31.1%
ROA
11.7%▲
2023 · 11.6%
Interest coverage
17.28▲
2023 · 7.79
Debt
€284k▼
2023 · €347k
Debt ≤ 1 year
€75k▲
2023 · €58k
Debt > 1 year
€209k▼
2023 · €284k
Income taxes
€20k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€554k€500k▼
Fixed assets21/28€445k€424k▼
Tangible fixed assets22/27€160k€139k▼
Plant, machinery and equipment23€36k€27k▼
Furniture and vehicles24€119k€92k▼
Other tangible fixed assets26€5k€21k▲
Financial fixed assets28€285k€285k=
Current assets29/58€109k€76k▼
Amounts receivable within one year40/41€40k€27k▼
Trade receivables40€30k€15k▼
Other amounts receivable41€10k€12k▲
Cash at bank and in hand54/58€62k€43k▼
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€554k€500k▼
Equity10/15€207k€215k▲
Contributions10/11€5k€5k=
Reserves13€202k€210k▲
Distributable reserves133€202k€210k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€347k€284k▼
Amounts payable after more than one year17€284k€209k▼
Financial debts170/4€284k€209k▼
Amounts payable within one year42/48€58k€75k▲
Current portion of amounts payable after more than one year42€52k€50k▼
Financial debts43€822€822=
Credit institutions430/8€822€822=
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€2k€8k▲
Taxes450/3€2k€8k▲
Other amounts payable47/48€159€15k▲
Accrued charges and deferred income492/3€5k€473▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€41k▼
Other operating charges640/8€628€2k▲
Gross operating margin9900€75k€129k▲
Operating profit (loss)9901€29k€86k▲
Financial income75/76B€50k€0▼
Recurring financial income75€50k€0▼
Financial charges65/66B€10k€7k▼
Recurring financial charges65€10k€7k▼
Profit (loss) for the period before taxes9903€70k€79k▲
Income taxes67/77€5k€20k▲
Profit (loss) for the period9904€64k€58k▼
Profit (loss) for the period to be appropriated9905€64k€58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€58k▼
Transfer from equity791/2-€50k
Transfer to equity691/2€64k€58k▼
To other reserves6921€64k€58k▼
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €207k ▲45.2%
3 profitable years in a row build equity to €207k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €57k ▼29.1%
Net result drops to €57k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €143k ▲66.7%
2 profitable years in a row build equity to €143k.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Stekene · 1 establishment unit since 2020
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.
Poliaenstraat(STE) 269190 StekeneGround area
1,856 m²
Building footprint
235 m²
Volume, LiDAR
1,172 m³
Parcel 46024B0730/00K000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Decofix
since 20202.309.494.279
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46024B0730/00K000 | Flanders | 1,856 m² | 1 · 235 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,579 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2020
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.decofix.be
E-mail:info@decofix.be