DECOMETA

Open bankruptcy

Public limited companyfounded 1990Slingerweg 39, 3600 Genk, BelgiumKBO/BCE: BE 0440.792.546

A bankruptcy procedure is open for DECOMETA according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €1.85M and a net result of €-115k.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 03-11-2021, 3 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

not filed

2024

not filed

2023

not filed

2022

not filed

2021

3 d late

2020

1 d early

2019

2 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2021, abbreviated schema

Turnover

€5.93M▼ 17.9%

2020 · €7.22M

2019: €4.30M 2020: €7.22M

2019 → 2021

EBIT margin

-1.2%▼ 1.6pp

2020 · 0.4%

2019: 1.8% 2020: 0.4%

2019 → 2021

Net result

€-115k

2020 · €3k

2019: €28k 2020: €3k

2019 → 2021

Working capital

€1.24M▼ 4.6%

2020 · €1.30M

2019: €1.38M 2020: €1.30M

2019 → 2021

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line201920202021Trend

Turnover€4.30M-€7.22M▲ 67.9%€5.93M▼ 17.9%

Equity€1.96M-€1.96M▲ 0.2%€1.85M▼ 5.9%

Operating result€79k-€28k▼ 64.7%€-70k

Net result€28k-€3k▼ 88.5%€-115k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2021: a loss of €70k after €28k in 2020, the lowest result in the available series.

Balance-sheet composition

2021 in colour, 2020 as the grey bar beneath

Assets €4.50M

15.2%

84.8%

Fixed assets €684k▼ 16.0%

Current assets €3.82M▼ 20.6%

Equity and liabilities €4.50M

41.1%

58.9%

Equity €1.85M▼ 5.9%

Provisions €0▼ 100%

Debt €2.65M▼ 26.5%

The debt ratio falls from 64.2% to 58.9%. Equity and debt are lower.

Key figures and ratios

2021 value · change against 2020

EBITDA

€83k▼

2020 · €156k

Cash flow

€38k▼

2020 · €132k

Solvency

41.1%▲

2020 · 34.9%

Current ratio

1.48▲

2020 · 1.37

Quick ratio

1.32▲

2020 · 1.25

Debt / equity

0.04▼

2020 · 0.05

ROE

-6.2%▼

2020 · 0.2%

ROA

-2.6%▼

2020 · 0.1%

Debt

€2.65M▼

2020 · €3.61M

Debt ≤ 1 year

€2.58M▼

2020 · €3.51M

Debt > 1 year

€67k▼

2020 · €98k

Income taxes

€-1k▲

2020 · €-3k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2021 against 2020

Balance sheet Code20202021

Assets

Total assets20/58€5.62M€4.50M▼

Fixed assets21/28€814k€684k▼

Intangible fixed assets21€17k€9k▼

Tangible fixed assets22/27€792k€672k▼

Financial fixed assets28€5k€3k▼

Current assets29/58€4.81M€3.82M▼

Stocks and contracts in progress3€410k€405k▼

Amounts receivable within one year40/41€2.04M€1.08M▼

Cash at bank and in hand54/58€334k€1.17M▲

Equity and liabilities

Total equity and liabilities10/49€5.62M€4.50M▼

Equity10/15€1.96M€1.85M▼

Contributions10/11€1.10M€1.10M=

Reserves13€74k€74k=

Profit (loss) carried forward14€794k€679k▼

Provisions and deferred taxes16€50k-

Amounts payable17/49€3.61M€2.65M▼

Amounts payable after more than one year17€98k€67k▼

Amounts payable within one year42/48€3.51M€2.58M▼

Trade debts44€922k€659k▼

Income statement Code20202021

Turnover70€7.22M€5.93M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€129k€153k▲

Gross operating margin9900€2.18M€1.83M▼

Operating profit (loss)9901€28k€-70k▼

Recurring financial income75€1k€25▼

Recurring financial charges65€28k€47k▲

Profit (loss) for the period before taxes9903€732€-116k▼

Income taxes67/77€-3k€-1k▲

Profit (loss) for the period9904€3k€-115k▼

Profit (loss) for the period to be appropriated9905€3k€-115k▼

Download as CSV

Timeline · acts, filings and financial milestones

All 12Signals 1Financial 1Filings 10

2022

22-02

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Tongeren · DECOMETA NV SLIN- GERWEG 39, 3600 GENK · event 15-02-2022

2021

03-11

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 3 days late

31-03

Financial Weakest financial yearnet €-115k ▼3618%

Net result drops to €-115k, the lowest in the series.

2020

30-10

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2019

29-10

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2018

29-10

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2017

30-10

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2016

28-10

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2015

29-09

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

2014

24-10

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema

2013

29-10

NBB filing Annual accounts filed

fiscal year 2013 · abbreviated schema

2012

30-11

NBB filing Annual accounts filed

fiscal year 2012 · full schema · 30 days late

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

7 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, Genk · 1 establishment unit since 1990

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Slingerweg 393600 Genk

Ground area

2.5 ha

Building footprint

375 m²

Volume, LiDAR

2,110 m³

Parcel 71304E0727/00X009, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

DECOMETA

Slingerweg 39, 3600 GenkRaising of dairy cattle

since 19902.048.660.784

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71304E0727/00X009	Flanders	2.5 ha	1 · 375 m²	8.3 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates

Role	Name	Tenure
Curator	TOM ARTS JAARBEURSLAAN 19, 3600 GENK-	15-02-2022 → present
Curator	GEERT RENIERS JAARBEURSLAAN 19, 3600 GENK ↔ Also on 133 other cases	15-02-2022 → present