DECOSIGN
Bankruptcy closedInactive since 14-08-2026; last annual accounts for fiscal year 2023.
Summary
DECOSIGN was declared bankrupt on 17-10-2024 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed by liquidation by judgment of 12-08-2026, published in the Belgian State Gazette on 18-08-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 22-08-2024, 22 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
not filed
2023
22 d late
2022
19 d early
2021
25 d late
2020
24 d late
2019
31 d late
← 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 17 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Retail trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€35,370▼ 26.8%
2022 · -€27,903
Total assets
€15,251▲ 7.1%
2022 · €14,244
Net result
-€7,467▲ 39.1%
2022 · -€12,263
Working capital
-€19,667▼ 40.3%
2022 · -€14,019
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20192020202120222023
Operating result€128€19,043▲ 14,735%-€10,589-€11,148▼ 5.3%-€7,249▲ 35.0%
Net result-€1,057€17,612within the sector's middle half-€11,185below the sector's middle half-€12,263below the sector's middle half▼ 9.6%-€7,467below the sector's middle half▲ 39.1%
Equity-€22,067▼ 5.0%-€4,455below the sector's middle half▲ 79.8%-€15,640below the sector's middle half▼ 251%-€27,903below the sector's middle half▼ 78.4%-€35,370below the sector's middle half▼ 26.8%
Total assets€25,775▼ 19.8%€33,833below the sector's middle half▲ 31.3%€32,413below the sector's middle half▼ 4.2%€14,244below the sector's middle half▼ 56.1%€15,251below the sector's middle half▲ 7.1%
Debt€47,842▼ 10.0%€38,289▼ 20.0%€48,053▲ 25.5%€42,147▼ 12.3%€50,621▲ 20.1%
Working capital-€11,817▼ 15.2%€3,438within the sector's middle half-€3,055within the sector's middle half-€14,019below the sector's middle half▼ 359%-€19,667below the sector's middle half▼ 40.3%
Solvency-85.6%▼ 20.2pp-13.2%below the sector's middle half▲ 72.4pp-48.3%below the sector's middle half▼ 35.1pp-195.9%below the sector's middle half▼ 147.6pp-231.9%below the sector's middle half▼ 36.0pp
Current ratio0.67▼ 0.061.12within the sector's middle half▲ 0.440.91within the sector's middle half▼ 0.210.49below the sector's middle half▼ 0.420.43below the sector's middle half▼ 0.05
Return on assets (ROA)-4.1%▼ 16.2pp52.1%above the sector's middle half▲ 56.2pp-34.5%below the sector's middle half▼ 86.6pp-86.1%below the sector's middle half▼ 51.6pp-49.0%below the sector's middle half▲ 37.1pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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
The operating result stays negative: a loss of €7,249 in 2023 against €11,148 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €15,251
Fixed assets
€257 ▼ 75.2%
Current assets
€14,994 ▲ 13.5%
Key figures and ratios
EBITDA
-€6,471▲
2022 · -€9,641
Cash flow
-€6,688▲
2022 · -€10,756
Quick ratio
0.23▲
2022 · 0.15
Debt to equity
-1.43▲
2022 · -1.51
Interest coverage
-3.82▲
2022 · -8.14
Debt ≤ 1 year
€34,662▲
2022 · €27,228
Debt > 1 year
€14,712▼
2022 · €14,920
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,667 | €258 | €987 | €1,508 | €778 | ▼ 48.4% |
| Other operating charges640/8 | - | - | €531 | €539 | €643 | ▲ 19.3% |
| Gross operating margin9900 | €4,785 | €19,840 | -€9,071 | -€9,102 | -€5,828 | ▲ 36.0% |
| Operating profit (loss)9901 | €128 | €19,043 | -€10,589 | -€11,148 | -€7,249 | ▲ 35.0% |
| Financial income75/76B | - | - | €7 | €69 | €1,479 | ▲ 2,031% |
| Recurring financial income75 | €1,171 | €122 | €7 | €69 | €1,479 | ▲ 2,031% |
| Financial charges65/66B | - | - | €603 | €1,184 | €1,696 | ▲ 43.2% |
| Recurring financial charges65 | €2,356 | €1,554 | €603 | €1,184 | €1,696 | ▲ 43.2% |
| Profit (loss) for the period before taxes9903 | -€1,057 | €17,612 | -€11,185 | -€12,263 | -€7,467 | ▲ 39.1% |
| Profit (loss) for the period9904 | -€1,057 | €17,612 | -€11,185 | -€12,263 | -€7,467 | ▲ 39.1% |
| Profit (loss) for the period to be appropriated9905 | -€1,057 | €17,612 | -€11,185 | -€12,263 | -€7,467 | ▲ 39.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25,775 | €33,833 | €32,413 | €14,244 | €15,251 | ▲ 7.1% |
| Fixed assets21/28 | €1,288 | €1,030 | €2,543 | €1,035 | €257 | ▼ 75.2% |
| Tangible fixed assets22/27 | €1,288 | €1,030 | €2,543 | €1,035 | €257 | ▼ 75.2% |
| Furniture and vehicles24 | - | - | €2,543 | €1,035 | €257 | ▼ 75.2% |
| Current assets29/58 | €24,488 | €32,804 | €29,870 | €13,209 | €14,994 | ▲ 13.5% |
| Stocks and contracts in progress3 | €5,696 | €7,498 | €9,057 | €9,049 | €6,936 | ▼ 23.3% |
| Stocks30/36 | - | - | €9,057 | €9,049 | €6,936 | ▼ 23.3% |
| Amounts receivable within one year40/41 | €18,791 | €15,280 | €17,489 | €4,160 | €8,058 | ▲ 93.7% |
| Trade receivables40 | - | - | €17,489 | €4,160 | €8,058 | ▲ 93.7% |
| Cash at bank and in hand54/58 | - | €9,286 | €2,581 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €742 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25,775 | €33,833 | €32,413 | €14,244 | €15,251 | ▲ 7.1% |
| Equity10/15 | -€22,067 | -€4,455 | -€15,640 | -€27,903 | -€35,370 | ▼ 26.8% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €46,761 | €46,761 | €46,761 | €46,761 | €46,761 | = |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | - | - |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | - | - |
| Distributable reserves133 | - | - | €44,902 | €44,902 | €46,761 | ▲ 4.1% |
| Profit (loss) carried forward14 | -€87,428 | -€69,816 | -€81,001 | -€93,264 | -€100,731 | ▼ 8.0% |
| Amounts payable17/49 | €47,842 | €38,289 | €48,053 | €42,147 | €50,621 | ▲ 20.1% |
| Amounts payable after more than one year17 | €11,183 | €8,923 | €15,128 | €14,920 | €14,712 | ▼ 1.4% |
| Other amounts payable178/9 | - | - | €15,128 | €14,920 | €14,712 | ▼ 1.4% |
| Amounts payable within one year42/48 | €36,304 | €29,365 | €32,925 | €27,228 | €34,662 | ▲ 27.3% |
| Financial debts43 | - | - | - | €1,637 | €15,820 | ▲ 866% |
| Credit institutions430/8 | - | - | - | €1,637 | €15,820 | ▲ 866% |
| Trade debts44 | €25,142 | €24,447 | €29,243 | €23,620 | €17,889 | ▼ 24.3% |
| Suppliers440/4 | - | - | €29,243 | €23,620 | €17,889 | ▼ 24.3% |
| Taxes, remuneration and social security45 | - | - | €1,769 | €932 | €953 | ▲ 2.2% |
| Taxes450/3 | - | - | €969 | €132 | €153 | ▲ 15.9% |
| Remuneration and social security454/9 | - | - | €800 | €800 | €800 | = |
| Other amounts payable47/48 | - | - | €1,913 | €1,039 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,248 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,057 | €17,612 | -€11,185 | -€12,263 | -€7,467 | ▲ 39.1% |
| + Depreciation and write-downs630 | €3,667 | €258 | €987 | €1,508 | €778 | ▼ 48.4% |
| Operating cash flow (approximation) | €2,611 | €17,869 | -€10,198 | -€10,756 | -€6,688 | ▲ 37.8% |
| Investment in fixed assets (approximation) | - | €0 | -€2,500 | €0 | €0 | - |
| Change in cash | - | - | -€6,705 | - | - | - |
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
2026
18-08
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 12-08-2026
2024
23-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 17-10-2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€12,263
Net result drops to -€12,263, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Back to profitnet €17,612
Net result €17,612 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
20-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 20 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Hasselt
Ground area
470 m²
Building footprint
318 m²
Volume, LiDAR
1,866 m³
Parcel 71324E0608/00V000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0608/00V000 | Flanders | 470 m² | 1 · 318 m² | 10.1 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CARL SCHREURS PASTOOR RAEYMAEKERS-
STRAAT 25, 3600 GENK |
17-10-2024 → 12-08-2026 |
Similar companies · same sector and region
GRUTMAN HOME DECOR
BE 0415.544.337
Hasselt
Hasselt Management en Beheer
BE 0415.507.913
Hasselt
VM DECO
BE 0788.507.258
Hasselt
'T GORDIJNTJE
BE 0424.105.774
Maasmechelen
AARSCHOT PAINT
BE 0881.846.202
Aarschot
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 531 companies in sector 47530 we hold annual accounts for 323. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-02-1988
Fiscal year end31-12
Activities, NACEBEL 2025
47530Retail trade
43333Wallpapering and laying of floor and wall coverings in other materials
46473Wholesale trade
46833Wholesale trade
47526Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0433362445
Also
9925:BE0433362445
Registered
02-03-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.