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DECOLET

Active
Public limited companyfounded 198046 yrs activeFrank Craeybeckxlaan 5, 2100 Antwerpen, BelgiumKBO/BCE: BE 0420.521.526
Summary

DECOLET has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145,632 and a net result of €7,785. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 34% of 313 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability45▼-1
Solvency50▲+1
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.52 in 2024; short-term debt: 18.9% and cash: 2.6% of total assets), but 74.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 46 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
25.5%
Return on assets
1.4%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Printing and reproduction of recorded media (NACE 18)
about 11% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 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
45 d late
2024
89 d late
2023
43 d late
2022
5 d early
2021
26 d late
2020
31 d early
2019
15 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 38% of the sector filed late.

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
27-09-2026 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

History

DECOLET was incorporated on 14 May 1980.1 Total assets rose from EUR 174,004 in 2018 to EUR 571,170 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€145,632▲ 5.6%
2024 · €137,847
Total assets
€571,170▲ 0.3%
2024 · €569,236
Net result
€7,785
2024 · -€18,019
Working capital
€56,683▲ 25.2%
2024 · €45,290
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€14,708▲ 64.9%€5,099▼ 65.3%€2,787▼ 45.3%-€966€27,305
Net result€8,541▲ 63.1%-€297-€118▲ 60.4%-€18,019▼ 15,226%€7,785
Equity€156,280▲ 5.8%€155,983▼ 0.2%€155,865▼ 0.1%€137,847▼ 11.6%€145,632▲ 5.6%
Total assets€188,217▲ 9.3%€218,377▲ 16.0%€227,368▲ 4.1%€569,236▲ 150%€571,170▲ 0.3%
Debt€31,937▲ 30.2%€62,394▲ 95.4%€71,503▲ 14.6%€431,389▲ 503%€425,538▼ 1.4%
Working capital€118,173▲ 5.0%€96,490▼ 18.3%€99,444▲ 3.1%€45,290▼ 54.5%€56,683▲ 25.2%
Staff (FTE)0.71.4▲ 100%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000Operating result 2021: €14,708€14,708Net result 2021: €8,541€8,541Operating result 2022: €5,099€5,099Net result 2022: -€297-€297Operating result 2023: €2,787€2,787Net result 2023: -€118-€118Operating result 2024: -€966-€966Net result 2024: -€18,019-€18,019Operating result 2025: €27,305€27,305Net result 2025: €7,785€7,78520212022202320242025-€20,000€0€20,000Operating result 2023: €2,787€2,790Net result 2023: -€118-€118Operating result 2024: -€966-€966Net result 2024: -€18,019-€18,000Operating result 2025: €27,305€27,300Net result 2025: €7,785€7,790202320242025
The operating result returns to profit in 2025: €27,305 after a loss of €966 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €571,170
Fixed assets €406,643 ▼ 6.9%
Current assets €164,528 ▲ 24.1%
Equity and liabilities €571,170
Equity €145,632 ▲ 5.6%
Debt €425,538 ▼ 1.4%
Debt's share of the balance-sheet total falls from 75.8% to 74.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€57,368▼
2024 · €63,947
Cash flow
€37,849▼
2024 · €46,894
Current ratio
1.53▲
2024 · 1.52
Quick ratio
1.05▲
2024 · 0.81
Debt to equity
2.92▼
2024 · 3.13
ROE
5.3%▲
2024 · -13.1%
ROA
1.4%▲
2024 · -3.2%
Interest coverage
2.97▼
2024 · 3.70
Debt ≤ 1 year
€107,845▲
2024 · €87,240
Debt > 1 year
€317,154▼
2024 · €343,803
Income taxes
€250▼
2024 · €593
Staff costs
€27,417▲
2024 · €7,934
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,972 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.2% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,972 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet Code20242025
Assets
Total assets20/58€569,236€571,170▲
Fixed assets21/28€436,706€406,643▼
Intangible fixed assets21€4,082€3,082▼
Tangible fixed assets22/27€429,927€400,864▼
Land and buildings22€290,174€283,359▼
Plant, machinery and equipment23€51,439€38,954▼
Furniture and vehicles24€1,996€804▼
Other tangible fixed assets26€86,319€77,747▼
Financial fixed assets28€2,697€2,697=
Current assets29/58€132,530€164,528▲
Stocks and contracts in progress3€61,510€51,166▼
Stocks30/36€61,510€51,166▼
Amounts receivable within one year40/41€48,266€98,718▲
Trade receivables40€16,953€57,388▲
Other amounts receivable41€31,313€41,330▲
Cash at bank and in hand54/58€21,954€14,643▼
Deferred charges and accrued income490/1€800-
Equity and liabilities
Total equity and liabilities10/49€569,236€571,170▲
Equity10/15€137,847€145,632▲
Contributions10/11€130,144€130,144=
Capital10€130,144€130,144=
Issued capital100€130,144€130,144=
Reserves13€60,801€60,801=
Non-distributable reserves130/1€620€620=
Legal reserve130€620€620=
Tax-exempt reserves132€36,597€36,597=
Distributable reserves133€23,584€23,584=
Profit (loss) carried forward14-€53,099-€45,313▲
Amounts payable17/49€431,389€425,538▼
Amounts payable after more than one year17€343,803€317,154▼
Financial debts170/4€343,803€317,154▼
Amounts payable within one year42/48€87,240€107,845▲
Current portion of amounts payable after more than one year42€25,514€26,649▲
Trade debts44€3,615€4,199▲
Suppliers440/4€3,615€4,199▲
Taxes, remuneration and social security45€33,111€56,996▲
Taxes450/3€32,981€49,700▲
Remuneration and social security454/9€130€7,296▲
Other amounts payable47/48€25,000€20,000▼
Accrued charges and deferred income492/3€346€540▲
Income statement Code20242025
Remuneration, social security and pensions62€7,934€27,417▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64,913€30,064▼
Other operating charges640/8€3,062€8,918▲
Gross operating margin9900€74,943€93,704▲
Operating profit (loss)9901-€966€27,305▲
Financial income75/76B€800€17▼
Recurring financial income75€800€17▼
Financial charges65/66B€17,260€19,286▲
Recurring financial charges65€17,260€19,286▲
Profit (loss) for the period before taxes9903-€17,426€8,035▲
Income taxes67/77€593€250▼
Profit (loss) for the period9904-€18,019€7,785▲
Profit (loss) for the period to be appropriated9905-€18,019€7,785▲
Appropriation of the result
Profit (loss) to be appropriated9906-€53,099-€45,313▲
Profit (loss) brought forward from the previous period14P-€35,080-€53,099▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62---€7,934€27,417▲ 246%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,704€5,395€9,458€64,913€30,064▼ 53.7%
Other operating charges640/8€3,755€4,082€8,580€3,062€8,918▲ 191%
Gross operating margin9900€21,168€14,576€20,825€74,943€93,704▲ 25.0%
Operating profit (loss)9901€14,708€5,099€2,787-€966€27,305▲ 2,927%
Financial income75/76B€44€3€2,494€800€17▼ 97.9%
Recurring financial income75€44€3€2,494€800€17▼ 97.9%
Financial charges65/66B€584€2,176€2,910€17,260€19,286▲ 11.7%
Recurring financial charges65€584€2,176€2,910€17,260€19,286▲ 11.7%
Profit (loss) for the period before taxes9903€14,168€2,926€2,371-€17,426€8,035▲ 146%
Income taxes67/77€5,627€3,223€2,488€593€250▼ 57.8%
Profit (loss) for the period9904€8,541-€297-€118-€18,019€7,785▲ 143%
Profit (loss) for the period to be appropriated9905€8,541-€297-€118-€18,019€7,785▲ 143%
Line20212022202320242025Change
Assets
Total assets20/58€188,217€218,377€227,368€569,236€571,170▲ 0.3%
Fixed assets21/28€38,108€91,066€102,772€436,706€406,643▼ 6.9%
Intangible fixed assets21---€4,082€3,082▼ 24.5%
Tangible fixed assets22/27€34,110€87,069€98,775€429,927€400,864▼ 6.8%
Land and buildings22---€290,174€283,359▼ 2.3%
Plant, machinery and equipment23€435€3,363€2,405€51,439€38,954▼ 24.3%
Furniture and vehicles24€2,265€1,872€1,479€1,996€804▼ 59.7%
Other tangible fixed assets26€31,411€81,834€94,891€86,319€77,747▼ 9.9%
Financial fixed assets28€3,997€3,997€3,997€2,697€2,697=
Current assets29/58€150,110€127,311€124,596€132,530€164,528▲ 24.1%
Stocks and contracts in progress3€48,895€47,160€53,080€61,510€51,166▼ 16.8%
Stocks30/36€48,895€47,160€53,080€61,510€51,166▼ 16.8%
Amounts receivable within one year40/41€47,741€68,818€62,198€48,266€98,718▲ 105%
Trade receivables40€10,220€24,498€14,238€16,953€57,388▲ 239%
Other amounts receivable41€37,521€44,321€47,960€31,313€41,330▲ 32.0%
Cash at bank and in hand54/58€52,024€9,883€7,867€21,954€14,643▼ 33.3%
Deferred charges and accrued income490/1€1,450€1,450€1,450€800--
Equity and liabilities
Total equity and liabilities10/49€188,217€218,377€227,368€569,236€571,170▲ 0.3%
Equity10/15€156,280€155,983€155,865€137,847€145,632▲ 5.6%
Contributions10/11€130,144€130,144€130,144€130,144€130,144=
Capital10€130,144€130,144€130,144€130,144€130,144=
Issued capital100€130,144€130,144€130,144€130,144€130,144=
Reserves13€60,801€60,801€60,801€60,801€60,801=
Non-distributable reserves130/1€620€620€620€620€620=
Legal reserve130€620€620€620€620€620=
Tax-exempt reserves132€36,597€36,597€36,597€36,597€36,597=
Distributable reserves133€23,584€23,584€23,584€23,584€23,584=
Profit (loss) carried forward14-€34,665-€34,962-€35,080-€53,099-€45,313▲ 14.7%
Amounts payable17/49€31,937€62,394€71,503€431,389€425,538▼ 1.4%
Amounts payable after more than one year17-€31,572€46,351€343,803€317,154▼ 7.8%
Financial debts170/4-€31,572€46,351€343,803€317,154▼ 7.8%
Amounts payable within one year42/48€31,937€30,821€25,152€87,240€107,845▲ 23.6%
Current portion of amounts payable after more than one year42€5,651€5,250€5,422€25,514€26,649▲ 4.5%
Trade debts44€4,077€11,085€9,885€3,615€4,199▲ 16.1%
Suppliers440/4€4,077€11,085€9,885€3,615€4,199▲ 16.1%
Taxes, remuneration and social security45€22,210€14,486€9,846€33,111€56,996▲ 72.1%
Taxes450/3€22,210€14,486€9,846€32,981€49,700▲ 50.7%
Remuneration and social security454/9---€130€7,296▲ 5,520%
Other amounts payable47/48---€25,000€20,000▼ 20.0%
Accrued charges and deferred income492/3---€346€540▲ 56.0%
Line20212022202320242025Change
Profit (loss) for the period9904€8,541-€297-€118-€18,019€7,785▲ 143%
+ Depreciation and write-downs630€2,704€5,395€9,458€64,913€30,064▼ 53.7%
Operating cash flow (approximation)€11,245€5,098€9,341€46,894€37,849▼ 19.3%
Investment in fixed assets (approximation)--€58,353-€21,165-€398,847€0▲ 100%
Change in cash--€42,141-€2,015€14,087-€7,311▼ 152%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 45 days late
2025
31-12
Financial Back to profitnet €7,785
Net result €7,785 after 3 loss-making years.
28-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
2024
31-12
Financial Weakest financial yearnet -€18,019
Net result drops to -€18,019, the lowest in the series; recovery starts the following year.
12-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 43 days late
2023
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial Equity above €150,000Eq €156,280 ▲5.8%
2 profitable years in a row build equity to €156,280.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €5,237
Net result €5,237 after one loss-making year.
16-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · micro 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Antwerpen · 1 establishment unit since 1980
seat establishment The establishment unit on the map
Ground area
604 m²
Building footprint
531 m²
Volume, LiDAR
3,460 m³
Parcel 11343A0586/00W000, Flanders · tallest building 12.3 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DECOLET DECO DATA
Frank Craeybeckxlaan 5, 2100 AntwerpenManufacture of rubber and plastic products
since 19802.017.627.120
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11343A0586/00W000 Flanders 604 m² 1 · 531 m² 12.3 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.

Recognitions · licences · registrations

Dual-learning approval

2 live approvals
Onthaal, organisatie en sales duaal (so)
Goedgekeurd · 2025 to 2030
Operator digitaal drukken in de printmedia/papier- en kartonverwerking duaal (so)
Goedgekeurd · 2024 to 2029

Similar companies · same sector, comparable size

Of 195 companies in sector 18110 we hold annual accounts for 134. 106 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
Founded14-05-1980
Fiscal year end31-12
Activities, NACEBEL 2025
18110Printing and reproduction of recorded media
73110Advertising agencies
77330Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0420521526
Registered 06-03-2026

Register as of 27 September 2026 · Peppol Directory

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