DECOO CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of DECOO CONSTRUCT is 3.4% (moderate). The 2025 annual accounts show equity of €69,871 and a net result of €44,515. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 75% of 28254 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency96▲+2
Growth78=
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 3.41 against 3.23 in 2024; short-term debt: 29.3% and cash: 33.8% of total assets), and 29.3% of the assets are financed with debt.
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Signals
Six 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
70.7%
Return on assets
45%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €69,871
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 · 5 filingsDeviation from the deadline
2025
28 d late
2024
15 d late
2023
29 d early
2022
48 d early
2021
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 13 days before 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 3 July (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€69,871▲ 176%
2024 · €25,356
Total assets
€98,878▲ 170%
2024 · €36,595
Net result
€44,515▲ 161%
2024 · €17,073
Working capital
€69,871▲ 179%
2024 · €25,023
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€3,200--€1,166€2,785€21,821▲ 684%€59,328▲ 172%
Net result€2,651within the sector's middle half--€2,037below the sector's middle half€2,669within the sector's middle half€17,073within the sector's middle half▲ 540%€44,515above the sector's middle half▲ 161%
Equity€7,651below the sector's middle half-€5,614below the sector's middle half▼ 26.6%€8,283below the sector's middle half▲ 47.5%€25,356within the sector's middle half▲ 206%€69,871within the sector's middle half▲ 176%
Total assets€13,265below the sector's middle half-€12,127below the sector's middle half▼ 8.6%€11,195below the sector's middle half▼ 7.7%€36,595below the sector's middle half▲ 227%€98,878within the sector's middle half▲ 170%
Debt€5,614-€6,513▲ 16.0%€2,912▼ 55.3%€11,239▲ 286%€29,007▲ 158%
Working capital€1,318below the sector's middle half-€1,281below the sector's middle half▼ 2.8%€5,950within the sector's middle half▲ 364%€25,023within the sector's middle half▲ 321%€69,871within the sector's middle half▲ 179%
Solvency57.7%within the sector's middle half-46.3%within the sector's middle half▼ 11.4pp74.0%above the sector's middle half▲ 27.7pp69.3%above the sector's middle half▼ 4.7pp70.7%above the sector's middle half▲ 1.4pp
Current ratio1.23within the sector's middle half-1.20within the sector's middle half▼ 0.043.04within the sector's middle half▲ 1.853.23within the sector's middle half▲ 0.183.41within the sector's middle half▲ 0.18
Return on assets (ROA)20.0%above the sector's middle half--16.8%below the sector's middle half▼ 36.8pp23.8%above the sector's middle half▲ 40.6pp46.7%above the sector's middle half▲ 22.8pp45.0%above the sector's middle half▼ 1.6pp
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
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 172% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €98,878
Equity
€69,871 ▲ 176%
Debt
€29,007 ▲ 158%
Debt's share of the balance-sheet total falls from 30.7% to 29.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€59,661▲
2024 · €23,821
Cash flow
€44,848▲
2024 · €19,073
Debt to equity
0.42▼
2024 · 0.44
ROE
63.7%▼
2024 · 67.3%
Interest coverage
268.74▲
2024 · 92.69
Debt ≤ 1 year
€29,007▲
2024 · €11,239
Income taxes
€15,375▲
2024 · €4,732
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.4% 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 497,662 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 26,970 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,667 | €2,000 | €2,000 | €2,000 | €333 | ▼ 83.4% |
| Other operating charges640/8 | €318 | €211 | €253 | €149 | €1,666 | ▲ 1,018% |
| Gross operating margin9900 | €5,185 | €1,045 | €5,038 | €23,970 | €61,327 | ▲ 156% |
| Operating profit (loss)9901 | €3,200 | -€1,166 | €2,785 | €21,821 | €59,328 | ▲ 172% |
| Financial income75/76B | - | - | - | €241 | €784 | ▲ 225% |
| Recurring financial income75 | - | - | - | €241 | €784 | ▲ 225% |
| Non-recurring financial income76B | - | - | - | €241 | €784 | ▲ 225% |
| Financial charges65/66B | €549 | €286 | €116 | €257 | €222 | ▼ 13.6% |
| Recurring financial charges65 | €549 | €286 | €116 | €257 | €222 | ▼ 13.6% |
| Non-recurring financial charges66B | €549 | €286 | €116 | €257 | €222 | ▼ 13.6% |
| Profit (loss) for the period before taxes9903 | €2,651 | -€1,452 | €2,669 | €21,805 | €59,890 | ▲ 175% |
| Income taxes67/77 | - | €585 | - | €4,732 | €15,375 | ▲ 225% |
| Profit (loss) for the period9904 | €2,651 | -€2,037 | €2,669 | €17,073 | €44,515 | ▲ 161% |
| Profit (loss) for the period to be appropriated9905 | €2,651 | -€2,037 | €2,669 | €17,073 | €44,515 | ▲ 161% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,265 | €12,127 | €11,195 | €36,595 | €98,878 | ▲ 170% |
| Fixed assets21/28 | €6,333 | €4,333 | €2,333 | €333 | - | - |
| Tangible fixed assets22/27 | €6,333 | €4,333 | €2,333 | €333 | - | - |
| Furniture and vehicles24 | €6,333 | €4,333 | €2,333 | €333 | - | - |
| Current assets29/58 | €6,932 | €7,794 | €8,862 | €36,262 | €98,878 | ▲ 173% |
| Amounts receivable within one year40/41 | €1,050 | €609 | €1,231 | €19,650 | €65,442 | ▲ 233% |
| Trade receivables40 | €312 | €484 | €8 | €10,008 | €40,967 | ▲ 309% |
| Other amounts receivable41 | €738 | €125 | €1,223 | €9,642 | €24,475 | ▲ 154% |
| Cash at bank and in hand54/58 | €5,882 | €7,185 | €7,631 | €16,612 | €33,436 | ▲ 101% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,265 | €12,127 | €11,195 | €36,595 | €98,878 | ▲ 170% |
| Equity10/15 | €7,651 | €5,614 | €8,283 | €25,356 | €69,871 | ▲ 176% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €2,651 | €614 | €3,283 | €20,356 | €64,871 | ▲ 219% |
| Amounts payable17/49 | €5,614 | €6,513 | €2,912 | €11,239 | €29,007 | ▲ 158% |
| Amounts payable within one year42/48 | €5,614 | €6,513 | €2,912 | €11,239 | €29,007 | ▲ 158% |
| Trade debts44 | €57 | €5,592 | €2,456 | €4,715 | €14,007 | ▲ 197% |
| Suppliers440/4 | €57 | €5,592 | €2,456 | €4,715 | €14,007 | ▲ 197% |
| Taxes, remuneration and social security45 | - | - | - | €4,500 | €15,000 | ▲ 233% |
| Taxes450/3 | - | - | - | €4,500 | €15,000 | ▲ 233% |
| Other amounts payable47/48 | €5,557 | €921 | €456 | €2,024 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,651 | -€2,037 | €2,669 | €17,073 | €44,515 | ▲ 161% |
| + Depreciation and write-downs630 | €1,667 | €2,000 | €2,000 | €2,000 | €333 | ▼ 83.4% |
| Operating cash flow (approximation) | €4,318 | -€37 | €4,669 | €19,073 | €44,848 | ▲ 135% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €1,303 | €446 | €8,981 | €16,824 | ▲ 87.3% |
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
Highest result since 2021net €44,515 ▲161%
Operating result €59,328, net result €44,515, both a record.
15-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2,669
Net result €2,669 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.04
Current ratio from 1.20 to 3.04; short-term debt falls from €6,513 to €2,912.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€2,037
Net result drops to -€2,037, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
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, Oudergem · 1 establishment unit since 2021
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.
Tervuurse steenweg 1131160 Oudergem1 establishment unit
DECOO CONSTRUCT
since 20212.312.466.043
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Of 8,464 companies in sector 43120 we hold annual accounts for 3,233. 2,591 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
Founded11-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
43230Insulation installation
43320Joinery installation
43350Other building finishing work
43910Bricklaying and masonry work
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761424066
Also
9925:BE0761424066
Registered
27-11-2025
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.