DECOSCENT
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 24-07-2023, 7 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
7 d early
2021
90 d early
2020
66 d early
2019
73 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, full schema
Turnover
€244k▼ 57.7%
2021 · €576k
2018: €491k
2019: €600k▲ +22.1% vs 2018highest in 5 years
2020: €552k▼ -7.9% vs 2019
2021: €576k▲ +4.2% vs 2020
2022: €244k▼ -57.7% vs 2021lowest in 5 years
2018 → 2022
EBIT margin
14.6%▲ 0.3pp
2021 · 14.3%
2018: -6.4%lowest in 5 years
2019: 12.5%▲ +296% vs 2018
2020: 12.0%▼ -4.2% vs 2019
2021: 14.3%▲ +19.5% vs 2020
2022: 14.6%▲ +2.2% vs 2021highest in 5 years
2018 → 2022
Net result
€5.54M▼ 41.8%
2021 · €9.52M
2018: €1.15Mlowest in 5 years
2019: €1.23M▲ +6.7% vs 2018
2020: €1.16M▼ -5.8% vs 2019
2021: €9.52M▲ +721% vs 2020highest in 5 years
2022: €5.54M▼ -41.8% vs 2021
2018 → 2022
Working capital
€-5.32M
2020 · €488k
2018: €-561k
2019: €-401k▲ +28.6% vs 2018
2020: €488k▲ +222% vs 2019highest in 4 years
2021: €-5.32M▼ -1192% vs 2020lowest in 4 years
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€491k-€600k▲ 22.1%€552k▼ 7.9%€576k▲ 4.2%€244k▼ 57.7%
2018: €491k
2019: €600k▲ +22.1% vs 2018highest in 5 years
2020: €552k▼ -7.9% vs 2019
2021: €576k▲ +4.2% vs 2020
2022: €244k▼ -57.7% vs 2021lowest in 5 years
Equity€14.81M-€16.04M▲ 8.3%€17.20M▲ 7.2%€11.91M▼ 30.7%€17.45M▲ 46.5%
2018: €14.81M
2019: €16.04M▲ +8.3% vs 2018
2020: €17.20M▲ +7.2% vs 2019
2021: €11.91M▼ -30.7% vs 2020lowest in 5 years
2022: €17.45M▲ +46.5% vs 2021highest in 5 years
Operating result€-31k-€75k€66k▼ 11.8%€83k▲ 24.6%€36k▼ 56.7%
2018: €-31klowest in 5 years
2019: €75k▲ +339% vs 2018
2020: €66k▼ -11.8% vs 2019
2021: €83k▲ +24.6% vs 2020highest in 5 years
2022: €36k▼ -56.7% vs 2021
Net result€1.15M-€1.23M▲ 6.7%€1.16M▼ 5.8%€9.52M▲ 721%€5.54M▼ 41.8%
2018: €1.15Mlowest in 5 years
2019: €1.23M▲ +6.7% vs 2018
2020: €1.16M▼ -5.8% vs 2019
2021: €9.52M▲ +721% vs 2020highest in 5 years
2022: €5.54M▼ -41.8% vs 2021
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 57% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €17.45M
Fixed assets
€17.25M =
Current assets
€204k ▼ 79.0%
Key figures and ratios
Solvency
100.0%▲
2021 · 65.4%
ROE
31.7%▼
2021 · 79.9%
ROA
31.7%▼
2021 · 52.2%
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 · 2022 against 2021 · 55 lines
Balance sheet
Code20212022
Assets
Total assets20/58€18.22M€17.45M▼
Fixed assets21/28€17.25M€17.25M=
Financial fixed assets28€17.25M€17.25M=
Affiliated companies280/1€17.25M€17.25M=
Participating interests280€17.25M€17.25M=
Current assets29/58€969k€204k▼
Amounts receivable within one year40/41€238k€301▼
Trade receivables40€238k-
Other amounts receivable41-€301
Cash at bank and in hand54/58€731k€204k▼
Deferred charges and accrued income490/1€882-
Equity and liabilities
Total equity and liabilities10/49€18.22M€17.45M▼
Equity10/15€11.91M€17.45M▲
Contributions10/11€11.13M€11.13M=
Capital10€11.13M€11.13M=
Issued capital100€11.13M€11.13M=
Reserves13€780k€1.06M▲
Non-distributable reserves130/1€780k€1.06M▲
Legal reserve130€780k€1.06M▲
Profit (loss) carried forward14€2k€5.27M▲
Amounts payable17/49€6.31M-
Amounts payable within one year42/48€6.29M-
Trade debts44€22k-
Suppliers440/4€22k-
Taxes, remuneration and social security45€22k-
Taxes450/3€22k-
Other amounts payable47/48€6.25M-
Accrued charges and deferred income492/3€13k-
Income statement
Code20212022
Operating income70/76A€576k€249k▼
Turnover70€576k€244k▼
Other operating income74-€336
Non-recurring operating income76A-€5k
Operating charges60/66A€493k€214k▼
Services and other goods61€375k€213k▼
Other operating charges640/8€868€1k▲
Non-recurring operating charges66A€117k-
Operating profit (loss)9901€83k€36k▼
Financial income75/76B€9.45M€5.51M▼
Recurring financial income75€9.45M€5.50M▼
Income from financial fixed assets750€9.45M€5.50M▼
Other financial income752/9€1-
Non-recurring financial income76B-€6k
Financial charges65/66B€9k€1k▼
Recurring financial charges65€9k€1k▼
Debt charges650€8k€96▼
Other financial charges652/9€474€1k▲
Profit (loss) for the period before taxes9903€9.52M€5.54M▼
Profit (loss) for the period9904€9.52M€5.54M▼
Profit (loss) for the period to be appropriated9905€9.52M€5.54M▼
Appropriation of the result
Profit (loss) to be appropriated9906€15.29M€5.54M▼
Profit (loss) brought forward from the previous period14P€5.77M€2k▼
Transfer to equity691/2€476k€277k▼
To the legal reserve6920€476k€277k▼
Profit to be distributed694/7€14.81M-
Return on contributions (dividend)694€14.81M-
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €576k | €249k | ▼ 56.7% |
| Turnover70 | €491k | €600k | €552k | €576k | €244k | ▼ 57.7% |
| Other operating income74 | - | - | - | - | €336 | - |
| Non-recurring operating income76A | - | - | - | - | €5k | - |
| Operating charges60/66A | - | - | - | €493k | €214k | ▼ 56.7% |
| Services and other goods61 | - | - | - | €375k | €213k | ▼ 43.3% |
| Other operating charges640/8 | - | - | - | €868 | €1k | ▲ 22.0% |
| Non-recurring operating charges66A | - | - | - | €117k | - | - |
| Operating profit (loss)9901 | €-31k | €75k | €66k | €83k | €36k | ▼ 56.7% |
| Financial income75/76B | - | - | - | €9.45M | €5.51M | ▼ 41.7% |
| Recurring financial income75 | €1.25M | €1.20M | €1.12M | €9.45M | €5.50M | ▼ 41.8% |
| Income from financial fixed assets750 | - | - | - | €9.45M | €5.50M | ▼ 41.8% |
| Other financial income752/9 | - | - | - | €1 | - | - |
| Non-recurring financial income76B | - | - | - | - | €6k | - |
| Financial charges65/66B | - | - | - | €9k | €1k | ▼ 84.2% |
| Recurring financial charges65 | €70k | €44k | €26k | €9k | €1k | ▼ 84.2% |
| Debt charges650 | €69k | €43k | €25k | €8k | €96 | ▼ 98.8% |
| Other financial charges652/9 | - | - | - | €474 | €1k | ▲ 169% |
| Profit (loss) for the period before taxes9903 | €1.15M | €1.23M | €1.16M | €9.52M | €5.54M | ▼ 41.8% |
| Profit (loss) for the period9904 | €1.15M | €1.23M | €1.16M | €9.52M | €5.54M | ▼ 41.8% |
| Profit (loss) for the period to be appropriated9905 | €1.15M | €1.23M | €1.16M | €9.52M | €5.54M | ▼ 41.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17.78M | €17.93M | €18.86M | €18.22M | €17.45M | ▼ 4.2% |
| Fixed assets21/28 | €17.25M | €17.25M | €17.25M | €17.25M | €17.25M | = |
| Financial fixed assets28 | €17.25M | €17.25M | €17.25M | €17.25M | €17.25M | = |
| Affiliated companies280/1 | - | - | - | €17.25M | €17.25M | = |
| Participating interests280 | - | - | - | €17.25M | €17.25M | = |
| Current assets29/58 | €528k | €683k | €1.61M | €969k | €204k | ▼ 79.0% |
| Amounts receivable within one year40/41 | €498k | €632k | €1.56M | €238k | €301 | ▼ 99.9% |
| Trade receivables40 | - | - | - | €238k | - | - |
| Other amounts receivable41 | - | - | - | - | €301 | - |
| Cash at bank and in hand54/58 | €30k | €51k | €52k | €731k | €204k | ▼ 72.1% |
| Deferred charges and accrued income490/1 | - | - | - | €882 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17.78M | €17.93M | €18.86M | €18.22M | €17.45M | ▼ 4.2% |
| Equity10/15 | €14.81M | €16.04M | €17.20M | €11.91M | €17.45M | ▲ 46.5% |
| Contributions10/11 | €11.13M | €11.13M | €11.13M | €11.13M | €11.13M | = |
| Capital10 | - | - | - | €11.13M | €11.13M | = |
| Issued capital100 | - | - | - | €11.13M | €11.13M | = |
| Reserves13 | €184k | €246k | €304k | €780k | €1.06M | ▲ 35.5% |
| Non-distributable reserves130/1 | - | - | - | €780k | €1.06M | ▲ 35.5% |
| Legal reserve130 | - | - | - | €780k | €1.06M | ▲ 35.5% |
| Profit (loss) carried forward14 | €3.50M | €4.67M | €5.77M | €2k | €5.27M | ▲ 217,069% |
| Amounts payable17/49 | €2.97M | €1.89M | €1.66M | €6.31M | - | - |
| Amounts payable after more than one year17 | €1.87M | €800k | €533k | - | - | - |
| Amounts payable within one year42/48 | €1.09M | €1.08M | €1.12M | €6.29M | - | - |
| Trade debts44 | €7k | €18k | €44k | €22k | - | - |
| Suppliers440/4 | - | - | - | €22k | - | - |
| Taxes, remuneration and social security45 | - | - | - | €22k | - | - |
| Taxes450/3 | - | - | - | €22k | - | - |
| Other amounts payable47/48 | - | - | - | €6.25M | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €13k | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.15M | €1.23M | €1.16M | €9.52M | €5.54M | ▼ 41.8% |
| Operating cash flow (approximation) | €1.15M | €1.23M | €1.16M | €9.52M | €5.54M | ▼ 41.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-524 | €1 | ▲ 100% |
| Change in cash | - | €21k | €1k | €679k | €-527k | ▼ 178% |
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
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €9.52M ▲721%
Operating result €83k, net result €9.52M, both a record.
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity doublescurrent ratio 1.43
Current ratio from 0.63 to 1.43.
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
02-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
15-05
State Gazette act
General meeting · Approval
Capital increase · Purpose change
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 18 acts read
About the unread acts
We know of 18 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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Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Recognitions · licences · registrations
Legal Entity Identifier
529900AYFRV3JM4VL974