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BE 0831.695.420Private limited company (pre-2019)Open bankruptcy
DECOSOL
Weg naar Opoeteren 1 ·3660 Oudsbergen, Belgium· 15 yrs active
Sector: Wholesale trade
(46643)
Conclusion
A bankruptcy procedure is open for DECOSOL according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €137k and a net result of €21k.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €137k |
| Net result | €21k |
| Better than sector | 72% |
| Active | 15 yrs |
Snowflake analysis
50
/ 100
Mixed profile: strong on profitability, weaker on stability.
Health
31
Profitability
78
Solvency
63
Growth
78
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
31
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 11-07-2022 with the NBB · fiscal year 2020 · verkort
Sector comparison
Fiscal year 2020 · NACE 46 — Wholesale trade · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 26.8% | 18.3% | |
| Net result | €21k | €-459 | |
| Equity | €137k | €83k | |
| Gross operating margin | €60k | €73k | |
| Total assets | €511k | €858k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€58k
+16.2%
19–20
€21k
+9.8%
19–20
€31k
+6.7%
19–20
€511k
-6.8%
19–20
€137k
+18.6%
19–20
€190k
+9.5%
19–20
0
—
19–20
€12k
+133.7%
19–20
€374k
-13.6%
19–20
€117k
-27.6%
19–20
€257k
-5.2%
19–20
2.62
+26.5%
19–20
2.37
+50.6%
19–20
26.8%
+27.3%
19–20
2.73
+16.4%
19–20
15.7%
-7.4%
19–20
4.2%
+17.8%
19–20
3.17
—
19–20
Figures by fiscal year
| Fiscal year | 2020 |
|---|---|
| Revenue | — |
| EBITDA | €58k |
| Net profit | €21k |
| Cash flow | €31k |
| Staff costs | — |
| Income taxes | €12k |
| Dividends | — |
| Total assets | €511k |
| Equity | €137k |
| Debt | €374k |
| of which ≤ 1y | €117k |
| of which > 1y | €257k |
| Working capital | €190k |
| Employees (FTE) | — |
Ratios (computed)
| 2020 | |
|---|---|
| Current ratio | 2.62 |
| Quick ratio | 2.37 |
| Working capital ratio | 37.1% |
| Solvency | 26.8% |
| Debt / equity | 2.73 |
| Long-term debt ratio | 1.88 |
| Interest coverage | 3.17 |
| Gross margin | — |
| Net margin | — |
| ROA | 4.2% |
| ROE | 15.7% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €511k |
| Fixed assets | 21/28 | €204k |
| Tangible fixed assets | 22/27 | €203k |
| Financial fixed assets | 28 | €575 |
| Current assets | 29/58 | €307k |
| Stocks & contracts in progress | 3 | €29k |
| Amounts receivable within one year | 40/41 | €246k |
| Cash & bank | 54/58 | €31k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €511k |
| Equity | 10/15 | €137k |
| Contributions / capital | 10/11 | €17k |
| Reserves | 13 | €120k |
| Amounts payable | 17/49 | €374k |
| Amounts payable after one year | 17 | €257k |
| Amounts payable within one year | 42/48 | €117k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €60k |
| Operating result | 9901 | €49k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €18k |
| Result before taxes | 9903 | €33k |
| Income taxes | 67/77 | €12k |
| Net result for the period | 9904 | €21k |
| Result to be appropriated | 9905 | €21k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | KATHLEEN VELKENEERS KASTEELSTRAAT 23B,
3840 BORGLOON |
07-08-2023 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Wholesale trade(46643) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 07-12-2010 |
| Status | Active |
| Postal code | 3660 |
| First BS signal | 01-07-2019 |
| Latest BS signal | 14-08-2023 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
DECOSOL
since 20102.203.902.653
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71047A1004/00M004 | Flanders | 121 m² | 1 · 68 m² | 4.8 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2023
14-08-2023
Bankruptcy
Opening
2022
11-07-2022
NBB filing
Annual accounts filed
2021
10-02-2021
NBB filing
Annual accounts filed
2019
29-08-2019
NBB filing
Annual accounts filed
06-08-2019
Bankruptcy
Bankruptcy reversal
01-07-2019
Bankruptcy
Opening
2018
28-09-2018
NBB filing
Annual accounts filed
2017
20-11-2017
NBB filing
Annual accounts filed
2016
02-12-2016
NBB filing
Annual accounts filed
2015
28-09-2015
NBB filing
Annual accounts filed
2014
13-10-2014
NBB filing
Annual accounts filed
2013
16-10-2013
NBB filing
Annual accounts filed
2012
26-09-2012
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
14-08-2023
Bankruptcy
Opening
06-08-2019
Bankruptcy
Bankruptcy reversal
01-07-2019
Bankruptcy
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Groothandel in elektrisch materiaal, inclusief installatiemateriaal46643Groothandel in elektrisch materiaal, inclusief installatiemateriaal46693Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Detailhandel in sanitaire artikelen en sanitair installatiemateriaal in gespecialiseerde winkels47527Detailhandel in sanitaire artikelen en sanitair installatiemateriaal47527Detailhandel in elektrische huishoudapparaten in gespecialiseerde winkels47540Detailhandel in elektrische huishoudapparaten47540
Primary activity highlighted.
Names & trade names
| Legal nameNL | DECOSOL |
Registered office
Weg naar Opoeteren 1
3660 Oudsbergen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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