Active BE 0843.987.003Private limited company (pre-2019)

DECOSTAND EXPO

de Moranvillestraat 74 ·1090 Jette, Belgium· 14 yrs active

Conclusion Checked

The computed 12-month bankruptcy probability of DECOSTAND EXPO is 2.6% (moderate). The 2023 annual accounts show equity of €91k and a net result of €37k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€91k
Net result	€37k
Active	14 yrs
Locations	1

Snowflake analysis 5 of 5 axes measured · computed by Checked

86 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 97

Growth 32

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

2.6% Moderate

0%0,5%1,5%4%10%≥25%

No NACE activity registered +Higher-failure-rate region +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2012, 14 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 26-08-2024 with the NBB · fiscal year 2023 · volledig

RevenueOperating resultNet result

Revenue

€128k

- 18-23

EBITDA

€51k

+74.2% 18-23

Net profit

€37k

+33.7% 18-23

Cash flow

€38k

+31.9% 18-23

Total assets

€162k

+46.9% 18-23

Equity

€91k

+67.4% 18-23

Working capital

€86k

+79.5% 18-23

Income taxes

€12k

+150.3% 18-23

Debt

€71k

+26.9% 18-23

Debt ≤ 1y

€71k

+26.9% 18-23

Current ratio

2.22

+19.2% 18-23

Quick ratio

2.22

+19.2% 18-23

Solvency

56.2%

+14.0% 18-23

Debt / equity

0.78

-24.2% 18-23

ROE

40.3%

-20.1% 18-23

ROA

22.6%

-8.9% 18-23

Net margin

-25.8%

- 18-23

Interest coverage

186.92

-57.1% 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	volledig
Revenue	-
EBITDA	€51k
Net profit	€37k
Cash flow	€38k
Staff costs	-
Income taxes	€12k
Dividends	-
Total assets	€162k
Equity	€91k
Debt	€71k
of which ≤ 1y	€71k
of which > 1y	-
Working capital	€86k
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	2.22
Quick ratio	2.22
Working capital ratio	53.3%
Solvency	56.2%
Debt / equity	0.78
Long-term debt ratio	-
Interest coverage	186.92
Gross margin	-
Net margin	-
ROA	22.6%
ROE	40.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €5k · 3.0% Current assets €157k · 97.1%

Equity & liabilities

Equity €91k · 56.2% Debt €71k · 43.8%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€162k
Fixed assets	21/28	€5k
Tangible fixed assets	22/27	€3k
Financial fixed assets	28	€2k
Current assets	29/58	€157k
Amounts receivable within one year	40/41	€125k
Cash & bank	54/58	€32k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€162k
Equity	10/15	€91k
Contributions / capital	10/11	€6k
Accumulated profits (losses)	14	€85k
Amounts payable	17/49	€71k
Amounts payable within one year	42/48	€71k
Trade debts payable within one year	44	€71k
Income statement
Gross operating margin	9900	€55k
Operating result	9901	€49k
Financial income	75	€1
Financial charges	65	€271
Result before taxes	9903	€49k
Income taxes	67/77	€12k
Net result for the period	9904	€37k
Result to be appropriated	9905	€37k

You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	-
Legal form	Private limited company (pre-2019)(015)
Incorporation	27-02-2012
Status	Active
Postal code	1090

Establishment units 1 location

de Moranvillestraat 74, 1090 Jette

Overige bouwinstallatie, n.e.g.

since 20142.302.659.244

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21464D0097/00V000	Brussels	87 m²	1 · 155 m²	16.2 m · 4 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 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024

26-08-2024