DECORTE
ActiveSummary
DECORTE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €933k and a net result of €18k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-4
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 6.67 against 14.74 in 2024; short-term debt: 8.8% and cash: 3.3% of total assets), and 15% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
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
85%
Return on assets
1.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
38 d early
2023
40 d early
2022
40 d early
2021
38 d early
2020
3 d early
2019
72 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€933k▲ 2.0%
2024 · €915k
2019: €764klowest in 7 years
2020: €816k▲ +6.9% vs 2019
2021: €868k▲ +6.3% vs 2020
2022: €899k▲ +3.6% vs 2021
2023: €902k▲ +0.4% vs 2022
2024: €915k▲ +1.4% vs 2023
2025: €933k▲ +2.0% vs 2024highest in 7 years
2019 → 2025
Total assets
€1.10M▲ 13.1%
2024 · €970k
2019: €1.42M
2020: €1.44M▲ +1.2% vs 2019highest in 7 years
2021: €1.41M▼ -1.8% vs 2020
2022: €1.39M▼ -1.6% vs 2021
2023: €1.06M▼ -24.1% vs 2022
2024: €970k▼ -8.2% vs 2023lowest in 7 years
2025: €1.10M▲ +13.1% vs 2024
2019 → 2025
Net result
€18k▼ 65.2%
2024 · €52k
2019: €29k
2020: €52k▲ +81.5% vs 2019highest in 7 years
2021: €52k▼ -1.7% vs 2020
2022: €31k▼ -39.8% vs 2021
2023: €4k▼ -88.2% vs 2022lowest in 7 years
2024: €52k▲ +1320% vs 2023
2025: €18k▼ -65.2% vs 2024
2019 → 2025
Working capital
€546k▼ 18.9%
2024 · €674k
2019: €-606klowest in 7 years
2020: €-543k▲ +10.4% vs 2019
2021: €-463k▲ +14.7% vs 2020
2022: €-419k▲ +9.4% vs 2021
2023: €605k▲ +244% vs 2022
2024: €674k▲ +11.3% vs 2023highest in 7 years
2025: €546k▼ -18.9% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€868k-€899k▲ 3.6%€902k▲ 0.4%€915k▲ 1.4%€933k▲ 2.0%
2021: €868klowest in 5 years
2022: €899k▲ +3.6% vs 2021
2023: €902k▲ +0.4% vs 2022
2024: €915k▲ +1.4% vs 2023
2025: €933k▲ +2.0% vs 2024highest in 5 years
Operating result€95k-€64k▼ 33.1%€6k▼ 91.3%€28k▲ 395%€35k▲ 25.7%
2021: €95khighest in 5 years
2022: €64k▼ -33.1% vs 2021
2023: €6k▼ -91.3% vs 2022lowest in 5 years
2024: €28k▲ +395% vs 2023
2025: €35k▲ +25.7% vs 2024
Net result€52k-€31k▼ 39.8%€4k▼ 88.2%€52k▲ 1,320%€18k▼ 65.2%
2021: €52k
2022: €31k▼ -39.8% vs 2021
2023: €4k▼ -88.2% vs 2022lowest in 5 years
2024: €52k▲ +1320% vs 2023highest in 5 years
2025: €18k▼ -65.2% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 26% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.10M
Fixed assets
€454k ▲ 83.7%
Current assets
€643k ▼ 11.1%
Equity and liabilities €1.10M
Equity
€933k ▲ 2.0%
Debt
€164k ▲ 197%
Debt's share of the balance-sheet total rises from 5.7% to 15.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€96k▲
2024 · €88k
Cash flow
€79k▼
2024 · €113k
Current ratio
6.67▼
2024 · 14.74
Debt to equity
0.18▲
2024 · 0.06
ROE
1.9%▼
2024 · 5.7%
ROA
1.7%▼
2024 · 5.4%
Interest coverage
20.99▲
2024 · 18.68
Debt ≤ 1 year
€96k▲
2024 · €49k
Debt > 1 year
€68k
Income taxes
€27k▼
2024 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€970k€1.10M▲
Fixed assets21/28€247k€454k▲
Intangible fixed assets21€184k€129k▼
Tangible fixed assets22/27€63k€325k▲
Land and buildings22€63k€315k▲
Plant, machinery and equipment23€315€964▲
Furniture and vehicles24-€9k
Current assets29/58€723k€643k▼
Amounts receivable within one year40/41€171k€150k▼
Trade receivables40€171k€143k▼
Other amounts receivable41€0€7k▲
Current investments50/53€435k€450k▲
Cash at bank and in hand54/58€109k€36k▼
Deferred charges and accrued income490/1€7k€7k▲
Equity and liabilities
Total equity and liabilities10/49€970k€1.10M▲
Equity10/15€915k€933k▲
Contributions10/11€23k€23k=
Reserves13€880k€898k▲
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€878k€896k▲
Profit (loss) carried forward14€12k€12k▲
Amounts payable17/49€55k€164k▲
Amounts payable after more than one year17-€68k
Financial debts170/4-€68k
Amounts payable within one year42/48€49k€96k▲
Current portion of amounts payable after more than one year42-€42k
Trade debts44€1k€8k▲
Suppliers440/4€1k€8k▲
Taxes, remuneration and social security45€10k€6k▼
Taxes450/3€9k€5k▼
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€38k€40k▲
Accrued charges and deferred income492/3€6k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€61k▲
Other operating charges640/8€8k€7k▼
Gross operating margin9900€96k€103k▲
Operating profit (loss)9901€28k€35k▲
Financial income75/76B€57k€15k▼
Recurring financial income75€57k€15k▼
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€80k€46k▼
Income taxes67/77€28k€27k▼
Profit (loss) for the period9904€52k€18k▼
Profit (loss) for the period to be appropriated9905€52k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€30k▼
Profit (loss) brought forward from the previous period14P€12k€12k▲
Transfer from equity791/2€40k€0▼
Transfer to equity691/2€52k€18k▼
To other reserves6921€52k€18k▼
Profit to be distributed694/7€40k€0▼
Return on contributions (dividend)694€40k€0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €1k | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31k | €20k | €36k | €61k | €61k | ▲ 1.0% |
| Other operating charges640/8 | - | €6k | €6k | €8k | €7k | ▼ 8.9% |
| Gross operating margin9900 | €131k | €89k | €49k | €96k | €103k | ▲ 7.4% |
| Operating profit (loss)9901 | €95k | €64k | €6k | €28k | €35k | ▲ 25.7% |
| Financial income75/76B | - | - | €17k | €57k | €15k | ▼ 72.8% |
| Recurring financial income75 | - | - | €17k | €57k | €15k | ▼ 72.8% |
| Financial charges65/66B | - | €16k | €13k | €5k | €5k | ▼ 3.2% |
| Recurring financial charges65 | €18k | €16k | €13k | €5k | €5k | ▼ 3.2% |
| Profit (loss) for the period before taxes9903 | €78k | €48k | €9k | €80k | €46k | ▼ 42.9% |
| Income taxes67/77 | €26k | €17k | €6k | €28k | €27k | ▼ 0.9% |
| Profit (loss) for the period9904 | €52k | €31k | €4k | €52k | €18k | ▼ 65.2% |
| Profit (loss) for the period to be appropriated9905 | €52k | €31k | €4k | €52k | €18k | ▼ 65.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.41M | €1.39M | €1.06M | €970k | €1.10M | ▲ 13.1% |
| Fixed assets21/28 | €1.34M | €1.32M | €305k | €247k | €454k | ▲ 83.7% |
| Intangible fixed assets21 | €24k | €17k | €243k | €184k | €129k | ▼ 29.9% |
| Tangible fixed assets22/27 | €77k | €65k | €62k | €63k | €325k | ▲ 415% |
| Land and buildings22 | - | €65k | €62k | €63k | €315k | ▲ 402% |
| Plant, machinery and equipment23 | - | €237 | €439 | €315 | €964 | ▲ 206% |
| Furniture and vehicles24 | - | - | - | - | €9k | - |
| Financial fixed assets28 | €1.24M | €1.24M | - | - | - | - |
| Current assets29/58 | €77k | €73k | €751k | €723k | €643k | ▼ 11.1% |
| Amounts receivable within one year40/41 | - | - | €185k | €171k | €150k | ▼ 12.7% |
| Trade receivables40 | - | - | €182k | €171k | €143k | ▼ 16.6% |
| Other amounts receivable41 | - | - | €2k | €0 | €7k | - |
| Current investments50/53 | - | - | €296k | €435k | €450k | ▲ 3.4% |
| Cash at bank and in hand54/58 | €58k | €60k | €239k | €109k | €36k | ▼ 67.2% |
| Deferred charges and accrued income490/1 | - | €13k | €31k | €7k | €7k | ▲ 3.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.41M | €1.39M | €1.06M | €970k | €1.10M | ▲ 13.1% |
| Equity10/15 | €868k | €899k | €902k | €915k | €933k | ▲ 2.0% |
| Contributions10/11 | - | €23k | €23k | €23k | €23k | = |
| Reserves13 | €834k | €864k | €868k | €880k | €898k | ▲ 2.0% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Other1319 | - | - | - | €2k | €2k | = |
| Distributable reserves133 | - | €862k | €866k | €878k | €896k | ▲ 2.1% |
| Profit (loss) carried forward14 | €11k | €12k | €12k | €12k | €12k | ▲ 0.9% |
| Amounts payable17/49 | €546k | €493k | €154k | €55k | €164k | ▲ 197% |
| Amounts payable after more than one year17 | - | - | - | - | €68k | - |
| Financial debts170/4 | - | - | - | - | €68k | - |
| Amounts payable within one year42/48 | €540k | €493k | €146k | €49k | €96k | ▲ 96.5% |
| Current portion of amounts payable after more than one year42 | - | €172k | - | - | €42k | - |
| Trade debts44 | €225 | €7k | €2k | €1k | €8k | ▲ 516% |
| Suppliers440/4 | - | €7k | €2k | €1k | €8k | ▲ 516% |
| Advances received on contracts in progress46 | - | €7k | - | - | - | - |
| Taxes, remuneration and social security45 | - | €17k | €9k | €10k | €6k | ▼ 42.2% |
| Taxes450/3 | - | €14k | €7k | €9k | €5k | ▼ 47.0% |
| Remuneration and social security454/9 | - | €3k | €2k | €1k | €1k | = |
| Other amounts payable47/48 | - | €290k | €135k | €38k | €40k | ▲ 5.9% |
| Accrued charges and deferred income492/3 | - | - | €8k | €6k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52k | €31k | €4k | €52k | €18k | ▼ 65.2% |
| + Depreciation and write-downs630 | €31k | €20k | €36k | €61k | €61k | ▲ 1.0% |
| Operating cash flow (approximation) | €82k | €51k | €40k | €113k | €79k | ▼ 29.5% |
| Investment in fixed assets (approximation) | - | €-1k | €977k | €-3k | €-268k | ▼ 9,035% |
| Change in cash | - | €2k | €179k | €-130k | €-73k | ▲ 43.9% |
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
24-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Liquidity triplescurrent ratio 14.74
Current ratio from 5.14 to 14.74; short-term debt falls from €146k to €49k.
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Weakest financial yearnet €4k ▼88.2%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 35current ratio 5.14
Current ratio from 0.15 to 5.14; short-term debt falls from €493k to €146k.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
24-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Highest result since 2019net €52k ▲81.5%
Operating result €105k, net result €52k, both a record.
2019
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
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, Gistel · 1 establishment unit since 2008
Ground area
2,982 m²
Building footprint
1,374 m²
Volume, LiDAR
7,169 m³
2 parcels, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Decorte
since 20082.171.323.521
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0073/00N000 | Flanders | 2,419 m² | 1 · 1,252 m² | 6.3 m · 2 fl. |
| 35019B0271/00S002 | Flanders | 564 m² | 1 · 122 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 28,598 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
Founded26-05-2008
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.