DECOFORM
ActiveSummary
DECOFORM has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €602k and a net result of €73k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 68% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+40
Solvency80▲+3
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 3.54 against 3.21 in 2024; short-term debt: 15.9% and cash: 35.8% of total assets), and 45.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.6%
Return on assets
6.6%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €602k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-04-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
35 d early
2023
34 d early
2022
38 d early
2021
1 d early
2020
7 d early
2019
35 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€602k▲ 13.8%
2024 · €529k
2018: €547k
2019: €542k▼ -1.0% vs 2018
2020: €518k▼ -4.4% vs 2019lowest in 8 years
2021: €525k▲ +1.3% vs 2020
2022: €531k▲ +1.2% vs 2021
2023: €529k▼ -0.3% vs 2022
2024: €529k● -0.0% vs 2023
2025: €602k▲ +13.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.10M▲ 9.0%
2024 · €1.01M
2018: €1.26Mhighest in 8 years
2019: €1.15M▼ -9.1% vs 2018
2020: €1.10M▼ -3.9% vs 2019
2021: €1.08M▼ -2.3% vs 2020
2022: €1.06M▼ -1.8% vs 2021
2023: €1.05M▼ -0.4% vs 2022
2024: €1.01M▼ -3.9% vs 2023lowest in 8 years
2025: €1.10M▲ +9.0% vs 2024
2018 → 2025
Net result
€73k
2024 · €-119
2018: €8k
2019: €-4k▼ -149% vs 2018
2020: €-24k▼ -482% vs 2019lowest in 8 years
2021: €7k▲ +128% vs 2020
2022: €6k▼ -8.2% vs 2021
2023: €-1k▼ -124% vs 2022
2024: €-119▲ +91.9% vs 2023
2025: €73k▲ +61624% vs 2024highest in 8 years
2018 → 2025
Working capital
€444k▲ 27.0%
2024 · €350k
2018: €457khighest in 8 years
2019: €411k▼ -10.1% vs 2018
2020: €376k▼ -8.5% vs 2019
2021: €370k▼ -1.7% vs 2020
2022: €361k▼ -2.3% vs 2021
2023: €343k▼ -5.0% vs 2022lowest in 8 years
2024: €350k▲ +2.0% vs 2023
2025: €444k▲ +27.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€525k-€531k▲ 1.2%€529k▼ 0.3%€529k=€602k▲ 13.8%
2021: €525klowest in 5 years
2022: €531k▲ +1.2% vs 2021
2023: €529k▼ -0.3% vs 2022
2024: €529k● -0.0% vs 2023
2025: €602k▲ +13.8% vs 2024highest in 5 years
Operating result€25k-€25k▲ 1.0%€19k▼ 23.6%€21k▲ 10.1%€112k▲ 428%
2021: €25k
2022: €25k▲ +1.0% vs 2021
2023: €19k▼ -23.6% vs 2022lowest in 5 years
2024: €21k▲ +10.1% vs 2023
2025: €112k▲ +428% vs 2024highest in 5 years
Net result€7k-€6k▼ 8.2%€-1k€-119▲ 91.9%€73k
2021: €7k
2022: €6k▼ -8.2% vs 2021
2023: €-1k▼ -124% vs 2022lowest in 5 years
2024: €-119▲ +91.9% vs 2023
2025: €73k▲ +61624% 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
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 428% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.10M
Fixed assets
€484k ▼ 4.1%
Current assets
€619k ▲ 22.0%
Equity and liabilities €1.10M
Equity
€602k ▲ 13.8%
Debt
€501k ▲ 3.7%
Debt's share of the balance-sheet total falls from 47.7% to 45.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€133k▲
2024 · €42k
Cash flow
€94k▲
2024 · €20k
Current ratio
3.54▲
2024 · 3.21
Debt to equity
0.83▼
2024 · 0.91
ROE
12.1%▲
2024 · 0.0%
ROA
6.6%▲
2024 · 0.0%
Interest coverage
5.54▲
2024 · 1.77
Debt ≤ 1 year
€175k▲
2024 · €158k
Debt > 1 year
€325k=
2024 · €325k
Income taxes
€19k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.01M€1.10M▲
Fixed assets21/28€504k€484k▼
Tangible fixed assets22/27€504k€484k▼
Land and buildings22€504k€484k▼
Current assets29/58€508k€619k▲
Amounts receivable after more than one year29€47k€101k▲
Other amounts receivable291€47k€101k▲
Amounts receivable within one year40/41€189k€123k▼
Trade receivables40€141k€78k▼
Other amounts receivable41€48k€45k▼
Cash at bank and in hand54/58€251k€395k▲
Deferred charges and accrued income490/1€20k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.01M€1.10M▲
Equity10/15€529k€602k▲
Contributions10/11€392k€392k=
Capital10€392k€392k=
Issued capital100€392k€392k=
Reserves13€56k€210k▲
Non-distributable reserves130/1€39k€39k=
Legal reserve130€39k€39k=
Distributable reserves133€17k€171k▲
Profit (loss) carried forward14€81k€0▼
Amounts payable17/49€483k€501k▲
Amounts payable after more than one year17€325k€325k=
Financial debts170/4€0-
Other amounts payable178/9€325k€325k=
Amounts payable within one year42/48€158k€175k▲
Current portion of amounts payable after more than one year42€14k€0▼
Trade debts44€23k€31k▲
Suppliers440/4€23k€31k▲
Taxes, remuneration and social security45€12k€29k▲
Taxes450/3€12k€29k▲
Other amounts payable47/48€109k€115k▲
Accrued charges and deferred income492/3-€789
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k=
Other operating charges640/8€23k€27k▲
Gross operating margin9900€65k€160k▲
Operating profit (loss)9901€21k€112k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€24k€24k▲
Recurring financial charges65€24k€24k▲
Profit (loss) for the period before taxes9903€-119€93k▲
Income taxes67/77-€19k
Profit (loss) for the period9904€-119€73k▲
Profit (loss) for the period to be appropriated9905€-119€73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€81k€154k▲
Profit (loss) brought forward from the previous period14P€81k€81k▼
Transfer to equity691/2-€154k
To other reserves6921-€154k
The notes to these accounts (5 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 | €23k | €23k | €23k | €21k | €21k | = |
| Other operating charges640/8 | €19k | €19k | €22k | €23k | €27k | ▲ 18.6% |
| Gross operating margin9900 | €68k | €68k | €65k | €65k | €160k | ▲ 147% |
| Operating profit (loss)9901 | €25k | €25k | €19k | €21k | €112k | ▲ 428% |
| Financial income75/76B | €3k | €0 | €2k | €2k | €4k | ▲ 90.2% |
| Recurring financial income75 | €3k | €0 | €2k | €2k | €4k | ▲ 90.2% |
| Financial charges65/66B | €20k | €18k | €23k | €24k | €24k | ▲ 1.3% |
| Recurring financial charges65 | €20k | €18k | €23k | €24k | €24k | ▲ 1.3% |
| Profit (loss) for the period before taxes9903 | €7k | €7k | €-1k | €-119 | €93k | ▲ 77,952% |
| Income taxes67/77 | €671 | €616 | €0 | - | €19k | - |
| Profit (loss) for the period9904 | €7k | €6k | €-1k | €-119 | €73k | ▲ 61,624% |
| Profit (loss) for the period to be appropriated9905 | €7k | €6k | €-1k | €-119 | €73k | ▲ 61,624% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.08M | €1.06M | €1.05M | €1.01M | €1.10M | ▲ 9.0% |
| Fixed assets21/28 | €572k | €548k | €525k | €504k | €484k | ▼ 4.1% |
| Tangible fixed assets22/27 | €572k | €548k | €525k | €504k | €484k | ▼ 4.1% |
| Land and buildings22 | €566k | €546k | €525k | €504k | €484k | ▼ 4.1% |
| Furniture and vehicles24 | €6k | €3k | €0 | - | - | - |
| Current assets29/58 | €504k | €509k | €528k | €508k | €619k | ▲ 22.0% |
| Amounts receivable after more than one year29 | €224k | €128k | €93k | €47k | €101k | ▲ 116% |
| Trade receivables290 | €224k | €128k | €93k | - | - | - |
| Other amounts receivable291 | - | - | - | €47k | €101k | ▲ 116% |
| Amounts receivable within one year40/41 | €152k | €112k | €137k | €189k | €123k | ▼ 35.1% |
| Trade receivables40 | €152k | €112k | €137k | €141k | €78k | ▼ 44.7% |
| Other amounts receivable41 | - | - | - | €48k | €45k | ▼ 7.2% |
| Cash at bank and in hand54/58 | €129k | €269k | €279k | €251k | €395k | ▲ 57.3% |
| Deferred charges and accrued income490/1 | - | - | €20k | €20k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.08M | €1.06M | €1.05M | €1.01M | €1.10M | ▲ 9.0% |
| Equity10/15 | €525k | €531k | €529k | €529k | €602k | ▲ 13.8% |
| Contributions10/11 | €392k | €392k | €392k | €392k | €392k | = |
| Capital10 | €392k | €392k | €392k | €392k | €392k | = |
| Issued capital100 | €392k | €392k | €392k | €392k | €392k | = |
| Reserves13 | €50k | €56k | €56k | €56k | €210k | ▲ 275% |
| Non-distributable reserves130/1 | €39k | €39k | €39k | €39k | €39k | = |
| Legal reserve130 | €39k | €39k | €39k | €39k | €39k | = |
| Distributable reserves133 | €11k | €17k | €17k | €17k | €171k | ▲ 916% |
| Profit (loss) carried forward14 | €83k | €83k | €81k | €81k | €0 | ▼ 100% |
| Amounts payable17/49 | €552k | €526k | €524k | €483k | €501k | ▲ 3.7% |
| Amounts payable after more than one year17 | €417k | €379k | €339k | €325k | €325k | = |
| Financial debts170/4 | €92k | €54k | €14k | €0 | - | - |
| Other amounts payable178/9 | €325k | €325k | €325k | €325k | €325k | = |
| Amounts payable within one year42/48 | €135k | €148k | €185k | €158k | €175k | ▲ 10.8% |
| Current portion of amounts payable after more than one year42 | €36k | €38k | €40k | €14k | €0 | ▼ 100% |
| Trade debts44 | €39k | €30k | €55k | €23k | €31k | ▲ 35.0% |
| Suppliers440/4 | €39k | €30k | €55k | €23k | €31k | ▲ 35.0% |
| Taxes, remuneration and social security45 | €6k | €6k | €6k | €12k | €29k | ▲ 144% |
| Taxes450/3 | €6k | €6k | €6k | €12k | €29k | ▲ 144% |
| Other amounts payable47/48 | €54k | €74k | €84k | €109k | €115k | ▲ 5.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €789 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €6k | €-1k | €-119 | €73k | ▲ 61,624% |
| + Depreciation and write-downs630 | €23k | €23k | €23k | €21k | €21k | = |
| Operating cash flow (approximation) | €30k | €30k | €22k | €20k | €94k | ▲ 358% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €140k | €10k | €-27k | €144k | ▲ 631% |
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
2026
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €73k
Net result €73k after 2 loss-making years.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Mechelen · 1 establishment unit since 1993
Ground area
4,897 m²
Building footprint
3,423 m²
Volume, LiDAR
15,966 m³
Parcel 12403E0106/00N000, Flanders · tallest building 11.3 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Hombeeksesteenweg 271, 2800 Mechelen
since 19932.063.778.730
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403E0106/00N000 | Flanders | 4,897 m² | 1 · 3,423 m² | 11.3 m · 1 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.
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IMMFINITY
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Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 4,377 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
Founded30-10-1992
Fiscal year end30-09
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
68204Real estate activities
Scores and ratios are computed by Checked and are not a credit decision.