DECOLORIS
ActiveSummary
The computed 12-month bankruptcy probability of DECOLORIS is 2.1% (moderate). The annual accounts of DECOLORIS for fiscal year 2025 show a net loss of 79% of total assets and of 65% of the equity at the start of that year. The 2025 annual accounts show equity of €7,005 and a net result of -€12,888. Equity is shrinking by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 28254 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-94
Solvency68▼-15
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.22 against 1.62 in 2024; short-term debt: 57.3% and cash: 28.2% of total assets), and 57.3% 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+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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.7%
Return on assets
-78.6%
Age of the figures
9 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
26 d late
2023
6 d late
2022
32 d early
2021
31 d late
2020
30 d late
2019
32 d late
← 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 17 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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. Usually files around 26 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€7,005▼ 64.8%
2024 · €19,893
Total assets
€16,401▼ 52.3%
2024 · €34,412
Net result
-€12,888
2024 · €6,832
Working capital
€2,060▼ 77.2%
2024 · €9,029
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€4,662€3,853-€5,465€8,864-€11,304
Net result-€5,095below the sector's middle half€2,908within the sector's middle half-€6,535below the sector's middle half€6,832within the sector's middle half-€12,888below the sector's middle half
Equity€16,688below the sector's middle half▼ 23.4%€19,596below the sector's middle half▲ 17.4%€13,061below the sector's middle half▼ 33.3%€19,893below the sector's middle half▲ 52.3%€7,005below the sector's middle half▼ 64.8%
Total assets€73,443within the sector's middle half▲ 133%€44,145below the sector's middle half▼ 39.9%€30,785below the sector's middle half▼ 30.3%€34,412below the sector's middle half▲ 11.8%€16,401below the sector's middle half▼ 52.3%
Debt€56,755▲ 482%€24,549▼ 56.7%€17,724▼ 27.8%€14,519▼ 18.1%€9,396▼ 35.3%
Working capital€4,180below the sector's middle half▼ 77.2%€6,643within the sector's middle half▲ 58.9%€1,277below the sector's middle half▼ 80.8%€9,029within the sector's middle half▲ 607%€2,060below the sector's middle half▼ 77.2%
Solvency22.7%within the sector's middle half▼ 46.4pp44.4%within the sector's middle half▲ 21.7pp42.4%within the sector's middle half▼ 2.0pp57.8%within the sector's middle half▲ 15.4pp42.7%within the sector's middle half▼ 15.1pp
Current ratio1.10below the sector's middle half▼ 1.781.46within the sector's middle half▲ 0.361.10within the sector's middle half▼ 0.361.62within the sector's middle half▲ 0.521.22within the sector's middle half▼ 0.40
Return on assets (ROA)-6.9%below the sector's middle half▼ 21.2pp6.6%within the sector's middle half▲ 13.5pp-21.2%below the sector's middle half▼ 27.8pp19.9%above the sector's middle half▲ 41.1pp-78.6%below the sector's middle half▼ 98.4pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11,304 after €8,864 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16,401
Fixed assets
€4,945 ▼ 54.5%
Current assets
€11,456 ▼ 51.4%
Equity and liabilities €16,401
Equity
€7,005 ▼ 64.8%
Debt
€9,396 ▼ 35.3%
Debt's share of the balance-sheet total rises from 42.2% to 57.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€5,385▼
2024 · €15,016
Cash flow
-€6,969▼
2024 · €12,984
Debt to equity
1.34▲
2024 · 0.73
ROE
-184.0%▼
2024 · 34.3%
Interest coverage
-3.74▼
2024 · 7.99
Debt ≤ 1 year
€9,396▼
2024 · €14,519
Income taxes
€143▼
2024 · €152
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.9%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 4,815 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €50 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €897 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,853 | €5,845 | €6,152 | €6,152 | €5,919 | ▼ 3.8% |
| Other operating charges640/8 | €912 | €991 | €1,039 | €789 | €3,291 | ▲ 317% |
| Gross operating margin9900 | -€897 | €10,689 | €1,726 | €15,805 | -€2,094 | ▼ 113% |
| Operating profit (loss)9901 | -€4,662 | €3,853 | -€5,465 | €8,864 | -€11,304 | ▼ 228% |
| Financial charges65/66B | €273 | €536 | €884 | €1,880 | €1,441 | ▼ 23.4% |
| Recurring financial charges65 | €273 | €536 | €884 | €1,880 | €1,441 | ▼ 23.4% |
| Profit (loss) for the period before taxes9903 | -€4,935 | €3,317 | -€6,349 | €6,984 | -€12,745 | ▼ 282% |
| Income taxes67/77 | €160 | €409 | €186 | €152 | €143 | ▼ 5.9% |
| Profit (loss) for the period9904 | -€5,095 | €2,908 | -€6,535 | €6,832 | -€12,888 | ▼ 289% |
| Profit (loss) for the period to be appropriated9905 | -€5,095 | €2,908 | -€6,535 | €6,832 | -€12,888 | ▼ 289% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €73,443 | €44,145 | €30,785 | €34,412 | €16,401 | ▼ 52.3% |
| Fixed assets21/28 | €27,683 | €23,168 | €17,016 | €10,864 | €4,945 | ▼ 54.5% |
| Tangible fixed assets22/27 | €27,683 | €23,168 | €17,016 | €10,864 | €4,945 | ▼ 54.5% |
| Furniture and vehicles24 | €27,683 | €23,168 | €17,016 | €10,864 | €4,945 | ▼ 54.5% |
| Current assets29/58 | €45,760 | €20,977 | €13,769 | €23,548 | €11,456 | ▼ 51.4% |
| Amounts receivable within one year40/41 | €39,907 | €17,465 | €12,386 | €7,114 | €6,839 | ▼ 3.9% |
| Trade receivables40 | €33,729 | €17,208 | €11,534 | €5,452 | €4,314 | ▼ 20.9% |
| Other amounts receivable41 | €6,178 | €257 | €852 | €1,662 | €2,525 | ▲ 51.9% |
| Cash at bank and in hand54/58 | €5,829 | €3,512 | €1,259 | €16,251 | €4,617 | ▼ 71.6% |
| Deferred charges and accrued income490/1 | €24 | - | €124 | €183 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €73,443 | €44,145 | €30,785 | €34,412 | €16,401 | ▼ 52.3% |
| Equity10/15 | €16,688 | €19,596 | €13,061 | €19,893 | €7,005 | ▼ 64.8% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €4,828 | €7,736 | €1,201 | €8,033 | -€4,855 | ▼ 160% |
| Amounts payable17/49 | €56,755 | €24,549 | €17,724 | €14,519 | €9,396 | ▼ 35.3% |
| Amounts payable after more than one year17 | €15,175 | €10,190 | €5,143 | - | - | - |
| Financial debts170/4 | €15,175 | €10,190 | €5,143 | - | - | - |
| Amounts payable within one year42/48 | €41,580 | €14,334 | €12,492 | €14,519 | €9,396 | ▼ 35.3% |
| Current portion of amounts payable after more than one year42 | €4,825 | €4,952 | €5,047 | €5,144 | - | - |
| Trade debts44 | €27,859 | €1,936 | €1,033 | €2,248 | €3,047 | ▲ 35.5% |
| Suppliers440/4 | €27,859 | €1,936 | €1,033 | €2,248 | €3,047 | ▲ 35.5% |
| Taxes, remuneration and social security45 | €2,104 | €1,378 | €300 | €1,138 | €600 | ▼ 47.3% |
| Taxes450/3 | €1,104 | €1,378 | €300 | €1,138 | €600 | ▼ 47.3% |
| Remuneration and social security454/9 | €1,000 | - | - | - | - | - |
| Other amounts payable47/48 | €6,792 | €6,068 | €6,112 | €5,989 | €5,749 | ▼ 4.0% |
| Accrued charges and deferred income492/3 | - | €25 | €89 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,095 | €2,908 | -€6,535 | €6,832 | -€12,888 | ▼ 289% |
| + Depreciation and write-downs630 | €2,853 | €5,845 | €6,152 | €6,152 | €5,919 | ▼ 3.8% |
| Operating cash flow (approximation) | -€2,242 | €8,753 | -€383 | €12,984 | -€6,969 | ▼ 154% |
| Investment in fixed assets (approximation) | - | -€1,330 | €0 | €0 | €0 | - |
| Change in cash | - | -€2,317 | -€2,253 | €14,992 | -€11,634 | ▼ 178% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet -€12,888
Net result drops to -€12,888, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €6,832
Net result €6,832 after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €2,908
Net result €2,908 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €4,501
Net result €4,501 after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Brussel · 1 establishment unit since 2007
Ground area
316 m²
Building footprint
120 m²
Volume, LiDAR
861 m³
Parcel 21821A0137/00G000, Brussels · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DECOLORIS
since 20072.158.701.346
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821A0137/00G000 | Brussels | 316 m² | 1 · 120 m² | 11.1 m · 3 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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Of 7,868 companies in sector 43341 we hold annual accounts for 2,666. 1,391 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
Founded26-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43350Other building finishing work
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0885919311
Also
9925:BE0885919311
Registered
13-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.