DECOR - ELEC
ActiveDECOR - ELEC has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €17k and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability61▼-14
Solvency63▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.46 in 2023; short-term debt: 62.3% and cash: 82.8% of total assets), and 62.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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 2024Solvency, return and age of the figures
Solvency
37.7%
Return on assets
-6.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 5 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
not confirmed
2024
5 d late
2023
15 d late
2022
18 d late
2021
3 d late
2020
13 d late
2019
13 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€17k▼ 14.8%
2023 · €20k
2018: €-11k
2019: €-166
2020: €12k
2021: €20k
2022: €21k
2023: €20k
2018 → 2024
Total assets
€45k▼ 7.6%
2023 · €48k
2018: €15k
2019: €7k
2020: €25k
2021: €34k
2022: €46k
2023: €48k
2018 → 2024
Net result
€-3k
2023 · €3k
2018: €-5k
2019: €11k
2020: €12k
2021: €8k
2022: €5k
2023: €3k
2018 → 2024
Working capital
€12k▼ 9.1%
2023 · €13k
2018: €-12k
2019: €-505
2020: €5k
2021: €14k
2022: €12k
2023: €13k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€12k-€20k▲ 64.5%€21k▲ 6.2%€20k▼ 6.6%€17k▼ 14.8%
Operating result€17k-€15k▼ 13.2%€10k▼ 33.9%€7k▼ 33.2%€3k▼ 53.5%
Net result€12k-€8k▼ 36.3%€5k▼ 33.0%€3k▼ 50.3%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 54% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45k
Fixed assets
€5k▼ 26.0%
Current assets
€40k▼ 4.6%
Equity and liabilities €45k
Equity
€17k▼ 14.8%
Debt
€28k▼ 2.6%
The debt ratio rises from 59.1% to 62.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▼
2023 · €11k
Cash flow
€-1k▼
2023 · €7k
Solvency
37.7%▼
2023 · 40.9%
Current ratio
1.43▼
2023 · 1.46
Quick ratio
1.43▼
2023 · 1.46
Debt / equity
1.65▲
2023 · 1.45
ROE
-17.4%▼
2023 · 13.2%
ROA
-6.5%▼
2023 · 5.4%
Interest coverage
15.98▼
2023 · 40.69
Debt
€28k▼
2023 · €28k
Debt ≤ 1 year
€28k▼
2023 · €28k
Income taxes
€6k▲
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€48k€45k▼
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€6k€5k▼
Furniture and vehicles24€6k€5k▼
Financial fixed assets28€223€223=
Current assets29/58€42k€40k▼
Amounts receivable within one year40/41€3k€3k▲
Trade receivables40€1k€67▼
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€39k€37k▼
Equity and liabilities
Total equity and liabilities10/49€48k€45k▼
Equity10/15€20k€17k▼
Contributions10/11€9k€9k=
Capital10€9k€9k=
Issued capital100€19k€19k=
Uncalled capital101€10k€10k=
Reserves13€22k€22k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€-11k€-14k▼
Amounts payable17/49€28k€28k▼
Amounts payable within one year42/48€28k€28k▼
Current portion of amounts payable after more than one year42€5k€3k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€6k€11k▲
Taxes450/3€6k€11k▲
Other amounts payable47/48€14k€10k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€12k€6k▼
Operating profit (loss)9901€7k€3k▼
Financial charges65/66B€274€301▲
Recurring financial charges65€274€301▲
Profit (loss) for the period before taxes9903€6k€3k▼
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€3k€-3k▼
Profit (loss) for the period to be appropriated9905€3k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-14k▼
Profit (loss) brought forward from the previous period14P€-9k€-11k▼
Profit to be distributed694/7€4k-
Directors or managers695€4k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
15-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Highest result since 2018net €12k ▲10.1%
Operating result €17k, net result €12k, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Steenokkerzeel · 1 establishment unit since 1991
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.
Achter de Hovenstraat 71820 SteenokkerzeelGround area
1,224 m²
Building footprint
204 m²
Volume, LiDAR
1,250 m³
2 parcels, Flanders, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DECOR-ELEC SC
since 19912.030.118.542
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23081B0184/00L000 | Flanders | 865 m² | 1 · 115 m² | 9.2 m · 2 fl. |
| 25076G0063/00E000 | Wallonia | 359 m² | 1 · 89 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
EGS Antwerpen
BE 0805.529.669
Schoten · Eq €17k
XP Security
BE 1018.011.040
Genappe · Eq €17k
NR ELECTRICITE
BE 0803.128.623
Anderlues · Eq €17k
WDS Connect
BE 0779.742.715
Heist-op-den-Berg · Eq €17k
TH TECHNICS SERVICES
BE 0801.816.153
Antwerpen · Eq €17k
Of 22,821 companies in sector 43211 we hold annual accounts for 10,324. 6,810 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded14-09-1987
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
52720
33120Repair and maintenance of machinery
43221Plumbing work
43320Joinery installation
45332
45421
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.