DECORLY
ActiveSummary
The computed 12-month bankruptcy probability of DECORLY is 3.9% (moderate). The 2024 annual accounts show negative equity (€-15k) and a net result of €-3k. Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability50▼-3
Solvency0=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.04 in 2023; short-term debt: 149.4% and cash: 0.1% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
-93.9%
Return on assets
-19.1%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-15k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-12-2025, 146 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
146 d late
2023
153 d late
2022
28 d late
2021
29 d late
2020
31 d late
2019
140 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2024, micro schema
Equity
€-15k▼ 25.5%
2023 · €-12k
Total assets
€16k▼ 28.9%
2023 · €22k
Net result
€-3k▼ 9.9%
2023 · €-3k
Working capital
€-24k▲ 8.7%
2023 · €-26k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-235€4k€-3k€-3k▼ 8.8%
Net result€-261€4k€-3k€-3k▼ 9.9%
Equity€-13k▼ 2.1%€-9k▲ 28.1%€-9k=€-12k▼ 30.2%€-15k▼ 25.5%
Total assets€274▲ 3,325%€178▼ 35.0%€178=€22k▲ 12,489%€16k▼ 28.9%
Debt€13k▲ 4.2%€9k▼ 28.3%€9k=€34k▲ 268%€31k▼ 10.0%
Working capital€-6k▲ 54.8%€-2k▲ 63.4%€-2k=€-26k▼ 1,160%€-24k▲ 8.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €3k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16k
Fixed assets
€16k ▼ 25.0%
Current assets
€29 ▼ 97.6%
Key figures and ratios
EBITDA
€2k▼
2023 · €3k
Cash flow
€2k▼
2023 · €3k
Solvency
-93.9%▼
2023 · -53.2%
Current ratio
0.00▼
2023 · 0.04
Debt to equity
-2.06▲
2023 · -2.88
ROA
-19.1%▼
2023 · -12.3%
Interest coverage
25.87▼
2023 · 47.13
Debt ≤ 1 year
€24k▼
2023 · €27k
Debt > 1 year
€7k=
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €5k | €5k | = |
| Other operating charges640/8 | - | - | - | €714 | €231 | ▼ 67.6% |
| Gross operating margin9900 | €-235 | €4k | - | €3k | €3k | ▼ 21.8% |
| Operating profit (loss)9901 | €-235 | €4k | - | €-3k | €-3k | ▼ 8.8% |
| Financial charges65/66B | - | €111 | - | €55 | €91 | ▲ 65.5% |
| Recurring financial charges65 | - | €111 | - | €55 | €91 | ▲ 65.5% |
| Non-recurring financial charges66B | - | €111 | - | €55 | €91 | ▲ 65.5% |
| Profit (loss) for the period before taxes9903 | €-261 | €4k | - | €-3k | €-3k | ▼ 9.9% |
| Profit (loss) for the period9904 | €-261 | €4k | - | €-3k | €-3k | ▼ 9.9% |
| Profit (loss) for the period to be appropriated9905 | €-261 | €4k | - | €-3k | €-3k | ▼ 9.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €274 | €178 | €178 | €22k | €16k | ▼ 28.9% |
| Fixed assets21/28 | - | - | - | €21k | €16k | ▼ 25.0% |
| Tangible fixed assets22/27 | - | - | - | €21k | €16k | ▼ 25.0% |
| Furniture and vehicles24 | - | - | - | €21k | €16k | ▼ 25.0% |
| Current assets29/58 | €274 | €178 | €178 | €1k | €29 | ▼ 97.6% |
| Amounts receivable within one year40/41 | €8 | €8 | €8 | €8 | €8 | = |
| Other amounts receivable41 | - | €8 | €8 | €8 | €8 | = |
| Cash at bank and in hand54/58 | €266 | €170 | €170 | €1k | €21 | ▼ 98.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €274 | €178 | €178 | €22k | €16k | ▼ 28.9% |
| Equity10/15 | €-13k | €-9k | €-9k | €-12k | €-15k | ▼ 25.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | - | - | - | - |
| Issued capital100 | - | €19k | - | - | - | - |
| Profit (loss) carried forward14 | €-31k | €-28k | €-28k | €-31k | €-34k | ▼ 9.9% |
| Amounts payable17/49 | €13k | €9k | €9k | €34k | €31k | ▼ 10.0% |
| Amounts payable after more than one year17 | €7k | €7k | €7k | €7k | €7k | = |
| Financial debts170/4 | - | €7k | €7k | €7k | €7k | = |
| Amounts payable within one year42/48 | €6k | €2k | €2k | €27k | €24k | ▼ 12.6% |
| Trade debts44 | €5k | €844 | - | €12k | - | - |
| Suppliers440/4 | - | €844 | - | €12k | - | - |
| Other amounts payable47/48 | - | €1k | €2k | €15k | €24k | ▲ 55.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-261 | €4k | - | €-3k | €-3k | ▼ 9.9% |
| + Depreciation and write-downs630 | - | - | - | €5k | €5k | = |
| Operating cash flow (approximation) | €-261 | €4k | - | €3k | €2k | ▼ 10.8% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
| Change in cash | - | €-96 | €0 | €1k | €-1k | ▼ 214% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
24-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 146 days late
2024
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 140 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Elsene · 1 establishment unit since 2007
Ground area
279 m²
Building footprint
113 m²
Volume, LiDAR
1,690 m³
Parcel 21009A0340/00K005, Brussels · tallest building 19.7 m, ±6 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
LOUISE DESCAMPS ART CONSULTING SPRL
since 20072.160.358.561
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0340/00K005 | Brussels | 279 m² | 1 · 113 m² | 19.7 m · 6 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded24-01-2007
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.