DECOLO
ActiveSummary
The computed 12-month bankruptcy probability of DECOLO is 1.8% (moderate). The 2025 annual accounts show equity of €164k and a net result of €63k. Equity is growing by ~73% per year across the filed fiscal years. Its solvency ranks better than 13% of 7838 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-3
Solvency37▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.72 in 2024; short-term debt: 59.9% and cash: 9.5% of total assets), and 88.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
11.7%
Return on assets
4.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
24 d late
2024
98 d early
2023
26 d early
2022
40 d early
2021
29 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€164k▲ 8.6%
2024 · €151k
2021: €27klowest in 5 years
2022: €49k▲ +84.1% vs 2021
2023: €85k▲ +71.4% vs 2022
2024: €151k▲ +78.2% vs 2023
2025: €164k▲ +8.6% vs 2024highest in 5 years
2021 → 2025
Total assets
€1.40M▲ 31.3%
2024 · €1.06M
2021: €407klowest in 5 years
2022: €555k▲ +36.4% vs 2021
2023: €889k▲ +60.3% vs 2022
2024: €1.06M▲ +19.8% vs 2023
2025: €1.40M▲ +31.3% vs 2024highest in 5 years
2021 → 2025
Net result
€63k▼ 4.8%
2024 · €66k
2021: €7klowest in 5 years
2022: €83k▲ +1109% vs 2021
2023: €95k▲ +15.4% vs 2022highest in 5 years
2024: €66k▼ -30.5% vs 2023
2025: €63k▼ -4.8% vs 2024
2021 → 2025
Working capital
€363k▲ 2.5%
2024 · €354k
2021: €-35klowest in 5 years
2022: €127k▲ +464% vs 2021
2023: €173k▲ +36.0% vs 2022
2024: €354k▲ +105% vs 2023
2025: €363k▲ +2.5% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€49k▲ 84.1%€85k▲ 71.4%€151k▲ 78.2%€164k▲ 8.6%
2021: €27klowest in 5 years
2022: €49k▲ +84.1% vs 2021
2023: €85k▲ +71.4% vs 2022
2024: €151k▲ +78.2% vs 2023
2025: €164k▲ +8.6% vs 2024highest in 5 years
Operating result€16k-€98k▲ 516%€124k▲ 26.7%€107k▼ 13.6%€93k▼ 13.3%
2021: €16klowest in 5 years
2022: €98k▲ +516% vs 2021
2023: €124k▲ +26.7% vs 2022highest in 5 years
2024: €107k▼ -13.6% vs 2023
2025: €93k▼ -13.3% vs 2024
Net result€7k-€83k▲ 1,109%€95k▲ 15.4%€66k▼ 30.5%€63k▼ 4.8%
2021: €7klowest in 5 years
2022: €83k▲ +1109% vs 2021
2023: €95k▲ +15.4% vs 2022highest in 5 years
2024: €66k▼ -30.5% vs 2023
2025: €63k▼ -4.8% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.40M
Fixed assets
€197k ▼ 8.7%
Current assets
€1.20M ▲ 41.5%
Equity and liabilities €1.40M
Equity
€164k ▲ 8.6%
Debt
€1.23M ▲ 35.1%
Debt's share of the balance-sheet total rises from 85.8% to 88.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€146k▼
2024 · €158k
Cash flow
€116k▼
2024 · €117k
Current ratio
1.43▼
2024 · 1.72
Quick ratio
1.31▼
2024 · 1.56
Debt to equity
7.54▲
2024 · 6.06
ROE
38.5%▼
2024 · 43.9%
ROA
4.5%▼
2024 · 6.2%
Interest coverage
6.48▼
2024 · 7.31
Debt ≤ 1 year
€838k▲
2024 · €494k
Debt > 1 year
€378k▼
2024 · €420k
Income taxes
€12k▼
2024 · €26k
Staff costs
€525k▲
2024 · €467k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.06M€1.40M▲
Fixed assets21/28€216k€197k▼
Intangible fixed assets21€23k€25k▲
Tangible fixed assets22/27€193k€172k▼
Plant, machinery and equipment23€52k€63k▲
Furniture and vehicles24€90k€64k▼
Other tangible fixed assets26€51k€45k▼
Current assets29/58€849k€1.20M▲
Stocks and contracts in progress3€78k€103k▲
Stocks30/36€78k€103k▲
Amounts receivable within one year40/41€600k€943k▲
Trade receivables40€530k€825k▲
Other amounts receivable41€70k€118k▲
Current investments50/53€3k€0▼
Cash at bank and in hand54/58€155k€133k▼
Deferred charges and accrued income490/1€13k€22k▲
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.40M▲
Equity10/15€151k€164k▲
Contributions10/11€20k€20k=
Reserves13€131k€144k▲
Distributable reserves133€131k€144k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€914k€1.23M▲
Amounts payable after more than one year17€420k€378k▼
Financial debts170/4€420k€378k▼
Amounts payable within one year42/48€494k€838k▲
Current portion of amounts payable after more than one year42€46k€41k▼
Financial debts43€6k€8k▲
Credit institutions430/8€6k€8k▲
Trade debts44€393k€682k▲
Suppliers440/4€393k€682k▲
Taxes, remuneration and social security45€45k€56k▲
Taxes450/3€14k€9k▼
Remuneration and social security454/9€31k€47k▲
Other amounts payable47/48€4k€50k▲
Accrued charges and deferred income492/3-€18k
Income statement
Code20242025
Remuneration, social security and pensions62€467k€525k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€53k▲
Other operating charges640/8€4k€22k▲
Non-recurring operating charges66A€871€0▼
Gross operating margin9900€629k€693k▲
Operating profit (loss)9901€107k€93k▼
Financial income75/76B€6k€5k▼
Recurring financial income75€6k€5k▼
Financial charges65/66B€22k€23k▲
Recurring financial charges65€22k€23k▲
Profit (loss) for the period before taxes9903€92k€75k▼
Income taxes67/77€26k€12k▼
Profit (loss) for the period9904€66k€63k▼
Profit (loss) for the period to be appropriated9905€66k€63k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€63k▼
Transfer to equity691/2€66k€13k▼
To other reserves6921€66k€13k▼
Profit to be distributed694/7€0€50k▲
Directors or managers695€0€50k▲
Social balance
Average headcount (FTE)90877.48.1▲
The notes to these accounts (23 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €33k | €129k | €417k | €467k | €525k | ▲ 12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €30k | €43k | €51k | €53k | ▲ 5.1% |
| Other operating charges640/8 | €931 | €3k | €2k | €4k | €22k | ▲ 480% |
| Non-recurring operating charges66A | - | - | - | €871 | €0 | ▼ 100% |
| Gross operating margin9900 | €72k | €259k | €587k | €629k | €693k | ▲ 10.1% |
| Operating profit (loss)9901 | €16k | €98k | €124k | €107k | €93k | ▼ 13.3% |
| Financial income75/76B | €2k | €3k | €7k | €6k | €5k | ▼ 22.4% |
| Recurring financial income75 | €2k | €3k | €7k | €6k | €5k | ▼ 22.4% |
| Financial charges65/66B | €9k | €8k | €21k | €22k | €23k | ▲ 4.4% |
| Recurring financial charges65 | €9k | €8k | €21k | €22k | €23k | ▲ 4.4% |
| Profit (loss) for the period before taxes9903 | €9k | €94k | €110k | €92k | €75k | ▼ 18.1% |
| Income taxes67/77 | €2k | €11k | €14k | €26k | €12k | ▼ 52.2% |
| Profit (loss) for the period9904 | €7k | €83k | €95k | €66k | €63k | ▼ 4.8% |
| Profit (loss) for the period to be appropriated9905 | €7k | €83k | €95k | €66k | €63k | ▼ 4.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €407k | €555k | €889k | €1.06M | €1.40M | ▲ 31.3% |
| Formation expenses20 | €5k | €1k | €0 | - | - | - |
| Fixed assets21/28 | €67k | €154k | €195k | €216k | €197k | ▼ 8.7% |
| Intangible fixed assets21 | €35k | €31k | €27k | €23k | €25k | ▲ 8.8% |
| Tangible fixed assets22/27 | €33k | €123k | €168k | €193k | €172k | ▼ 10.8% |
| Plant, machinery and equipment23 | €22k | €17k | €32k | €52k | €63k | ▲ 22.0% |
| Furniture and vehicles24 | €10k | €56k | €91k | €90k | €64k | ▼ 29.0% |
| Other tangible fixed assets26 | - | €50k | €45k | €51k | €45k | ▼ 12.1% |
| Current assets29/58 | €334k | €400k | €694k | €849k | €1.20M | ▲ 41.5% |
| Stocks and contracts in progress3 | €43k | €33k | €63k | €78k | €103k | ▲ 31.8% |
| Stocks30/36 | €24k | €33k | €63k | €78k | €103k | ▲ 31.8% |
| Contracts in progress37 | €19k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €228k | €307k | €574k | €600k | €943k | ▲ 57.2% |
| Trade receivables40 | €209k | €262k | €522k | €530k | €825k | ▲ 55.8% |
| Other amounts receivable41 | €19k | €44k | €52k | €70k | €118k | ▲ 67.7% |
| Current investments50/53 | - | - | - | €3k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €60k | €58k | €54k | €155k | €133k | ▼ 14.1% |
| Deferred charges and accrued income490/1 | €3k | €2k | €4k | €13k | €22k | ▲ 71.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €407k | €555k | €889k | €1.06M | €1.40M | ▲ 31.3% |
| Equity10/15 | €27k | €49k | €85k | €151k | €164k | ▲ 8.6% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €7k | €29k | €65k | €131k | €144k | ▲ 9.9% |
| Distributable reserves133 | €7k | €29k | €65k | €131k | €144k | ▲ 9.9% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €380k | €505k | €804k | €914k | €1.23M | ▲ 35.1% |
| Amounts payable after more than one year17 | €11k | €233k | €283k | €420k | €378k | ▼ 9.8% |
| Financial debts170/4 | €11k | €233k | €283k | €420k | €378k | ▼ 9.8% |
| Amounts payable within one year42/48 | €369k | €273k | €521k | €494k | €838k | ▲ 69.5% |
| Current portion of amounts payable after more than one year42 | €11k | €30k | €33k | €46k | €41k | ▼ 11.2% |
| Financial debts43 | €125k | - | €104k | €6k | €8k | ▲ 32.6% |
| Credit institutions430/8 | €125k | - | €104k | €6k | €8k | ▲ 32.6% |
| Trade debts44 | €228k | €148k | €264k | €393k | €682k | ▲ 73.8% |
| Suppliers440/4 | €228k | €148k | €264k | €393k | €682k | ▲ 73.8% |
| Taxes, remuneration and social security45 | €5k | €34k | €57k | €45k | €56k | ▲ 24.0% |
| Taxes450/3 | €2k | €21k | €27k | €14k | €9k | ▼ 35.2% |
| Remuneration and social security454/9 | €3k | €13k | €31k | €31k | €47k | ▲ 51.8% |
| Other amounts payable47/48 | - | €60k | €64k | €4k | €50k | ▲ 1,229% |
| Accrued charges and deferred income492/3 | - | - | - | - | €18k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €83k | €95k | €66k | €63k | ▼ 4.8% |
| + Depreciation and write-downs630 | €23k | €30k | €43k | €51k | €53k | ▲ 5.1% |
| Operating cash flow (approximation) | €30k | €112k | €139k | €117k | €116k | ▼ 0.5% |
| Investment in fixed assets (approximation) | - | €-116k | €-84k | €-72k | €-34k | ▲ 52.2% |
| Change in cash | - | €-3k | €-4k | €101k | €-22k | ▼ 122% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €150kEq €151k ▲78.2%
4 profitable years in a row build equity to €151k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2021net €95k ▲15.4%
Operating result €124k, net result €95k, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
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, Kruisem · 1 establishment unit since 2020
Ground area
2.0 ha
Building footprint
2,967 m²
Volume, LiDAR
1,626 m³
Parcel 45017C0880/00F000, Flanders · tallest building 12.8 m. Linked by address, not a title deed.
1 establishment unit
DECOLO
since 20202.298.385.702
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017C0880/00F000 | Flanders | 2.0 ha | 1 · 2,967 m² | 12.8 m |
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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 3,554 EUR awarded · 1,340 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,214 EUR | 0 EUR |
| 2024 | 1 | 1,340 EUR | 1,340 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 751 companies in sector 43422 we hold annual accounts for 424. 350 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
Founded22-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43422Screed work
71111Activities of building architects
42990Civil engineering
43333Wallpapering and laying of floor and wall coverings in other materials
Scores and ratios are computed by Checked and are not a credit decision.