DECOMAC
ActiveSummary
DECOMAC has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €281,518 and a net result of €12,724. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 14284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-1
Solvency100▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity short (current ratio 0.8 against 10.57 in 2024; short-term debt: 9.5% and cash: 5.6% of total assets), and 21.1% 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 dateAge against the risk zone
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 · 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
78.9%
Return on assets
3.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
8 d early
2023
1 d early
2022
6 d early
2021
on the day
2020
5 d early
2018
90 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 10 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€281,518▲ 4.7%
2024 · €268,794
Total assets
€356,838▼ 4.1%
2024 · €372,016
Net result
€12,724▼ 25.2%
2024 · €17,007
Working capital
-€6,859
2024 · €31,428
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€7,680▲ 90.5%€210,667€23,081▼ 89.0%€29,859▲ 29.4%€22,871▼ 23.4%
Net result-€17,954below the sector's middle half▲ 82.0%€178,545above the sector's middle half€14,047within the sector's middle half▼ 92.1%€17,007within the sector's middle half▲ 21.1%€12,724within the sector's middle half▼ 25.2%
Equity€59,195below the sector's middle half▼ 23.3%€237,740within the sector's middle half▲ 302%€251,787within the sector's middle half▲ 5.9%€268,794within the sector's middle half▲ 6.8%€281,518within the sector's middle half▲ 4.7%
Total assets€1.6mwithin the sector's middle half▲ 3.1%€879,760within the sector's middle half▼ 43.6%€412,991below the sector's middle half▼ 53.1%€372,016within the sector's middle half▼ 9.9%€356,838within the sector's middle half▼ 4.1%
Debt€1.5m▲ 4.5%€642,020▼ 57.2%€161,204▼ 74.9%€103,222▼ 36.0%€75,319▼ 27.0%
Working capital€111,588within the sector's middle half▼ 49.6%€109,786within the sector's middle half▼ 1.6%€52,651within the sector's middle half▼ 52.0%€31,428within the sector's middle half▼ 40.3%-€6,859within the sector's middle half
Solvency3.8%below the sector's middle half▼ 1.3pp27.0%within the sector's middle half▲ 23.2pp61.0%within the sector's middle half▲ 33.9pp72.3%above the sector's middle half▲ 11.3pp78.9%above the sector's middle half▲ 6.6pp
Current ratio1.11within the sector's middle half▼ 0.151.27within the sector's middle half▲ 0.165.01above the sector's middle half▲ 3.7410.57above the sector's middle half▲ 5.560.80within the sector's middle half▼ 9.78
Return on assets (ROA)-1.2%below the sector's middle half▲ 5.4pp20.3%above the sector's middle half▲ 21.4pp3.4%within the sector's middle half▼ 16.9pp4.6%within the sector's middle half▲ 1.2pp3.6%within the sector's middle half▼ 1.0pp
Staff (FTE)6.2above the sector's middle half▲ 6.9%6.8above the sector's middle half▲ 9.7%0within the sector's middle half▼ 100%
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €356,838
Fixed assets
€329,950 ▼ 2.2%
Current assets
€26,888 ▼ 22.5%
Equity and liabilities €356,838
Equity
€281,518 ▲ 4.7%
Debt
€75,319 ▼ 27.0%
Debt's share of the balance-sheet total falls from 27.7% to 21.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30,227▼
2024 · €41,512
Cash flow
€20,080▼
2024 · €28,660
Debt to equity
0.27▼
2024 · 0.38
ROE
4.5%▼
2024 · 6.3%
Interest coverage
7.54▼
2024 · 7.84
Debt ≤ 1 year
€33,746▲
2024 · €3,283
Debt > 1 year
€37,823▼
2024 · €92,093
Income taxes
€6,140▼
2024 · €7,573
Staff costs
€0▼
2024 · €391
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
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 0.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 17,040 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 | - | €7,893 | €6,577 | €8,484 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €472,189 | -€34,212 | €391 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,140 | €22,692 | €21,881 | €11,653 | €7,355 | ▼ 36.9% |
| Other operating charges640/8 | - | €20,065 | €8,692 | €2,817 | €1,297 | ▼ 54.0% |
| Non-recurring operating charges66A | - | €1,717 | €281 | €0 | - | - |
| Gross operating margin9900 | €403,435 | €727,330 | €19,723 | €44,720 | €31,523 | ▼ 29.5% |
| Operating profit (loss)9901 | -€7,680 | €210,667 | €23,081 | €29,859 | €22,871 | ▼ 23.4% |
| Financial income75/76B | - | €5,407 | €279 | €17 | €0 | ▼ 100% |
| Recurring financial income75 | €465 | €5,407 | €279 | €17 | €0 | ▼ 100% |
| Financial charges65/66B | - | €13,878 | €3,082 | €5,296 | €4,007 | ▼ 24.3% |
| Recurring financial charges65 | €10,739 | €13,878 | €3,082 | €5,296 | €4,007 | ▼ 24.3% |
| Profit (loss) for the period before taxes9903 | -€17,954 | €202,196 | €20,279 | €24,580 | €18,864 | ▼ 23.3% |
| Income taxes67/77 | €0 | €23,651 | €6,232 | €7,573 | €6,140 | ▼ 18.9% |
| Profit (loss) for the period9904 | -€17,954 | €178,545 | €14,047 | €17,007 | €12,724 | ▼ 25.2% |
| Profit (loss) for the period to be appropriated9905 | -€17,954 | €178,545 | €14,047 | €17,007 | €12,724 | ▼ 25.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €879,760 | €412,991 | €372,016 | €356,838 | ▼ 4.1% |
| Fixed assets21/28 | €426,819 | €358,840 | €347,212 | €337,305 | €329,950 | ▼ 2.2% |
| Intangible fixed assets21 | €6,208 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €420,424 | €358,840 | €347,212 | €337,305 | €329,950 | ▼ 2.2% |
| Land and buildings22 | - | €357,136 | €335,932 | €325,656 | €320,194 | ▼ 1.7% |
| Plant, machinery and equipment23 | - | €0 | €10,340 | €11,649 | €9,756 | ▼ 16.3% |
| Furniture and vehicles24 | - | €1,704 | €940 | €0 | - | - |
| Financial fixed assets28 | €187 | €0 | - | - | - | - |
| Current assets29/58 | €1.1m | €520,920 | €65,779 | €34,711 | €26,888 | ▼ 22.5% |
| Stocks and contracts in progress3 | €587,914 | €0 | - | - | - | - |
| Stocks30/36 | - | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €480,880 | €353,351 | €26,731 | €990 | €1,423 | ▲ 43.8% |
| Trade receivables40 | - | €352,931 | €4,083 | €0 | - | - |
| Other amounts receivable41 | - | €419 | €22,648 | €990 | €1,423 | ▲ 43.8% |
| Cash at bank and in hand54/58 | €58,981 | €163,706 | €39,048 | €32,591 | €19,839 | ▼ 39.1% |
| Deferred charges and accrued income490/1 | - | €3,863 | €0 | €1,130 | €5,626 | ▲ 398% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €879,760 | €412,991 | €372,016 | €356,838 | ▼ 4.1% |
| Equity10/15 | €59,195 | €237,740 | €251,787 | €268,794 | €281,518 | ▲ 4.7% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Revaluation surpluses12 | - | €224,867 | €219,423 | €213,979 | €208,535 | ▼ 2.5% |
| Reserves13 | €111,350 | €122,371 | €127,815 | €133,259 | €138,703 | ▲ 4.1% |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | €17,723 | €17,723 | €17,723 | €17,723 | = |
| Distributable reserves133 | - | €98,448 | €103,892 | €109,336 | €114,780 | ▲ 5.0% |
| Profit (loss) carried forward14 | -€350,043 | -€171,498 | -€157,451 | -€140,444 | -€127,720 | ▲ 9.1% |
| Amounts payable17/49 | €1.5m | €642,020 | €161,204 | €103,222 | €75,319 | ▼ 27.0% |
| Amounts payable after more than one year17 | €478,815 | €230,887 | €138,967 | €92,093 | €37,823 | ▼ 58.9% |
| Financial debts170/4 | - | - | - | €92,093 | €37,823 | ▼ 58.9% |
| Other amounts payable178/9 | - | €230,887 | €138,967 | - | - | - |
| Amounts payable within one year42/48 | €1.0m | €411,133 | €13,128 | €3,283 | €33,746 | ▲ 928% |
| Current portion of amounts payable after more than one year42 | - | €2,439 | €0 | - | €22,867 | - |
| Financial debts43 | - | €10,128 | €0 | - | - | - |
| Credit institutions430/8 | - | €10,128 | €0 | - | - | - |
| Other loans439 | - | €0 | - | - | - | - |
| Trade debts44 | €317,224 | €196,321 | €5,181 | €1,171 | €10,879 | ▲ 829% |
| Suppliers440/4 | - | €196,321 | €5,181 | €1,171 | €10,879 | ▲ 829% |
| Advances received on contracts in progress46 | - | €94,911 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €107,335 | €7,947 | €2,111 | €0 | ▼ 100% |
| Taxes450/3 | - | €56,256 | €7,947 | €2,111 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | €51,080 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | €0 | €9,110 | €7,846 | €3,750 | ▼ 52.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,954 | €178,545 | €14,047 | €17,007 | €12,724 | ▼ 25.2% |
| + Depreciation and write-downs630 | €32,140 | €22,692 | €21,881 | €11,653 | €7,355 | ▼ 36.9% |
| Operating cash flow (approximation) | €14,187 | €201,238 | €35,928 | €28,660 | €20,080 | ▼ 29.9% |
| Investment in fixed assets (approximation) | - | €45,286 | -€10,253 | -€1,746 | €0 | ▲ 100% |
| Change in cash | - | €104,725 | -€124,657 | -€6,457 | -€12,752 | ▼ 97.5% |
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity doublescurrent ratio 10.57
Current ratio from 5.01 to 10.57; short-term debt falls from €13,128 to €3,283.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Liquidity quadruplescurrent ratio 5.01
Current ratio from 1.27 to 5.01; short-term debt falls from €411,133 to €13,128.
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Back to profitnet €178,545
Net result €178,545 after 3 loss-making years.
30-06
Financial
Equity above €200,000Eq €237,740 ▲302%
Equity rises from €59,195 to €237,740.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet -€99,591
Net result drops to -€99,591, the lowest in the series; recovery starts the following year.
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 90 days late
Show earlier events
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Brugge · 1 establishment unit since 1975
Ground area
3,588 m²
Building footprint
1,230 m²
Volume, LiDAR
6,760 m³
Parcel 31810N0571/00H000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DECOMAC
since 19752.010.893.637
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31810N0571/00H000 | Flanders | 3,588 m² | 1 · 1,230 m² | 7.9 m · 2 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.
Structure & network
Owners and holdings
5 ownersOwners 5
-
40%
- Sourceaccounts GALURIS 202320%
-
20%
- Sourceaccounts IRND 202520%
- Sourceaccounts SDV 202520%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 240 EUR awarded · 240 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 240 EUR | 240 EUR |
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Of 12,041 companies in sector 68203 we hold annual accounts for 6,007. 4,402 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
Founded12-02-1974
Fiscal year end30-06
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0413912757
Registered
19-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.