DECOMAT CONSTRUCT
ActiveThe file of DECOMAT CONSTRUCT contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 2.1% (moderate). The 2025 annual accounts show equity of €223,650 and a net result of €5,702. Equity is shrinking by about 15% per year across the filed financial years. Its solvency ranks better than 66% of 9,327 sector peers (NACE 41, financial year 2025).
Overview
- Equity
- €223,650
- Profit
- €5,702
Why 54raises risk1 change of registered office in 24 monthsLiquidity: current ratio 2.15, cash €225Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 2013Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 67% on solvency, 25% on liquidity, 61% on profitability and 42% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Resignation: ARSLAN Julfukar (manager)Appointment: ARSLAN Julfukar (director) ·…
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result returns to profit in 2025: €6,615 after a loss of €9,706 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% | 0.9% |
| 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 74.5% 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 10,904 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | - | €10,795 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | €2,513 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €76,162 | €26,180 | €11,802 | €6,867 | €1,600 | €1,600 | €1,600 | = |
| Other operating charges640/8 | - | - | - | €1,471 | €1,750 | €364 | €67 | ▼ 81.7% |
| Non-recurring operating charges66A | - | - | - | - | €11,682 | - | - | - |
| Gross operating margin9900 | €589,633 | €22,889 | -€78,289 | -€34,627 | €27,926 | -€7,743 | €8,282 | - |
| Operating profit (loss)9901 | €388,962 | -€14,897 | -€133,310 | -€42,966 | €12,893 | -€9,706 | €6,615 | - |
| Financial income75/76B | - | - | - | - | €98 | €12,397 | - | - |
| Recurring financial income75 | €3,024 | €437 | €20 | - | €98 | €12,397 | - | - |
| Financial charges65/66B | - | - | - | -€172 | €8,416 | €573 | €913 | ▲ 59.5% |
| Recurring financial charges65 | €26,090 | €15,159 | €22,045 | -€172 | €8,416 | €573 | €913 | ▲ 59.5% |
| Profit (loss) for the period before taxes9903 | €365,895 | -€29,619 | -€138,119 | -€42,794 | €4,575 | €2,118 | €5,702 | ▲ 169% |
| Income taxes67/77 | €142,104 | €6,912 | - | €117 | - | - | - | - |
| Profit (loss) for the period9904 | €223,792 | -€36,531 | -€138,119 | -€42,910 | €4,575 | €2,118 | €5,702 | ▲ 169% |
| Profit (loss) for the period to be appropriated9905 | €223,792 | -€36,531 | -€138,119 | -€42,910 | €4,575 | €2,118 | €5,702 | ▲ 169% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.1m | €0.7m | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 3.6% |
| Fixed assets21/28 | €0.1m | €0.1m | €0.08m | €0.08m | €0.04m | €0.04m | €0.04m | ▼ 3.9% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.08m | €0.08m | €0.04m | €0.04m | €0.04m | ▼ 4.0% |
| Land and buildings22 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | ▼ 4.0% |
| Plant, machinery and equipment23 | - | - | - | €0.003m | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.03m | - | - | - | - |
| Financial fixed assets28 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Current assets29/58 | €1.0m | €0.6m | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 3.6% |
| Amounts receivable after more than one year29 | - | - | - | - | - | €0.2m | €0.2m | = |
| Other amounts receivable291 | - | - | - | - | - | €0.2m | €0.2m | = |
| Stocks and contracts in progress3 | - | - | - | €0.004m | - | - | - | - |
| Stocks30/36 | - | - | - | €0.004m | - | - | - | - |
| Amounts receivable within one year40/41 | €1.0m | €0.6m | €0.4m | €0.4m | €0.4m | €0.1m | €0.1m | ▼ 8.7% |
| Trade receivables40 | - | - | - | €0.1m | €0.2m | €0.1m | €0.1m | ▼ 8.7% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.3m | - | - | - |
| Cash at bank and in hand54/58 | €0.005m | €0.008m | - | €0.002m | €132 | €114 | €225 | ▲ 97.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.1m | €0.7m | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 3.6% |
| Equity10/15 | €0.4m | €0.4m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 2.6% |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €0.4m | €0.4m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 2.9% |
| Amounts payable17/49 | €0.6m | €0.3m | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 11.2% |
| Amounts payable after more than one year17 | €0.03m | €0.02m | €0.001m | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.6m | €0.3m | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 11.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.04m | - | - | - |
| Financial debts43 | - | - | - | €0.1m | €0.09m | €0.03m | €0.007m | ▼ 80.0% |
| Credit institutions430/8 | - | - | - | €0.1m | €0.09m | €0.03m | €0.007m | ▼ 80.0% |
| Trade debts44 | €0.3m | €0.1m | €0.07m | €0.07m | €0.07m | €0.06m | €0.06m | ▲ 10.0% |
| Suppliers440/4 | - | - | - | €0.07m | €0.07m | €0.06m | €0.06m | ▲ 10.0% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.03m | - | - |
| Taxes, remuneration and social security45 | - | - | - | €117 | €0.009m | €0.002m | €0.002m | ▲ 34.3% |
| Taxes450/3 | - | - | - | €117 | €0.009m | €0.002m | €0.002m | ▲ 34.3% |
| Other amounts payable47/48 | - | - | - | €0.05m | €0.06m | €0.06m | €0.09m | ▲ 42.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €223,792 | -€36,531 | -€138,119 | -€42,910 | €4,575 | €2,118 | €5,702 | ▲ 169% |
| + Depreciation and write-downs630 | €76,162 | €26,180 | €11,802 | €6,867 | €1,600 | €1,600 | €1,600 | = |
| Operating cash flow (approximation) | €299,953 | -€10,351 | -€126,317 | -€36,043 | €6,175 | €3,718 | €7,302 | ▲ 96.4% |
| Investment in fixed assets (approximation) | - | -€7,333 | €2,667 | €0 | €33,284 | €0 | €0 | - |
| Change in cash | - | €3,186 | - | - | -€1,923 | -€18 | €111 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 29-01-2026 | 2026-00032701 |
| 30-06-2024 | micro format | 19-02-2025 | 2025-00037053 |
| 30-06-2023 | micro format | 01-02-2024 | 2024-00022530 |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00011576 |
| 30-06-2021 | full format | 31-01-2022 | 2022-04100338 |
| 30-06-2020 | full format | 01-02-2021 | 2021-04500084 |
| 30-06-2019 | full format | 27-01-2020 | 2020-02400015 |
| 31-12-2017 | full format | 25-09-2018 | 2018-64400171 |
| 31-12-2016 | full format | 23-08-2017 | 2017-46200540 |
| 31-12-2015 | full format | 30-11-2016 | 2016-68800446 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ARSLAN Julfukar |
|
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Stephane Guchez Rue Du Parc 49, 6000 Char- Leroi |
22-03-2021 → 10-05-2021 |
Owners and capital
Capital and shareholders
- 18-03-2026 Converted to unavailable equity · €18,600
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-03
Gazette deed
Resignation: ARSLAN Julfukar (manager)Appointment: ARSLAN Julfukar (director) · Amendment of the articles · Capital conversion9 facts ▸
- General meeting, 13-03-2026
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “limitation, compte de capitaux propres statutairement indisponible créé en application de l’article 39, §2, deuxième alinéa” (deed in French)
- Capital
- Director resignation, ARSLAN Julfukar (manager)
- Director appointment, ARSLAN Julfukar (director (not named in the articles))
- Registered-office move, 6000 Charleroi, Place de l’Abattoir n°01
- Other provision, “adoption des décisions, unanimité des voix” (deed in French)
Show earlier events
About the unread acts
Of the 11 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0538.664.853
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52302A0711/00R004 | Wallonia | 2.3 ha | 1 · 861 m² | 14.8 m · 3 |
| 52011B0195/00C000 | Wallonia | 55 m² | 1 · 57 m² | 15.7 m · 4 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DECOMAT CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d’administration” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs, avec ou sans limitation” (deed in French)“Frais de représentation,voyages et déplacements, rémunération des administrateurs” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant et moitié acquéreurs proportionnellement si plusieurs, écrit par pli recommandé” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Émission entièrement souscrite ou plus aucun actionnaire ne se prévale, courrier électronique” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps, formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “En vertu des statuts, si aucun autre liquidateur désigné” (deed in French)