DECOSTEP
Open bankruptcyA bankruptcy procedure is open for DECOSTEP according to publications in the Belgian State Gazette; curator: FREDERIK DE VULDER.
Summary
The 2020 annual accounts show equity of €67k and a net result of €28k.
Signals
Three 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 31-12-2020 was due by 31-07-2021 and was filed on 27-08-2021, 27 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
27 d late
2019
75 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€67k▲ 69.5%
2019 · €40k
2018: €37k
2019: €40k
2018 → 2020
Total assets
€154k▲ 8.7%
2019 · €142k
2018: €149k
2019: €142k
2018 → 2020
Net result
€28k▲ 864%
2019 · €3k
2018: €5k
2019: €3k
2018 → 2020
Working capital
€61k▲ 100%
2019 · €30k
2018: €171
2019: €30k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€37k-€40k▲ 7.8%€67k▲ 69.5%
Operating result€7k-€5k▼ 32.1%€36k▲ 606%
Net result€5k-€3k▼ 42.5%€28k▲ 864%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 606% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €154k
Fixed assets
€14k ▼ 44.8%
Current assets
€140k ▲ 20.3%
Equity and liabilities €154k
Equity
€67k ▲ 69.5%
Debt
€87k ▼ 14.8%
Debt's share of the balance-sheet total falls from 72.1% to 56.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47k▲
2019 · €16k
Cash flow
€39k▲
2019 · €14k
Current ratio
1.77▲
2019 · 1.35
Debt to equity
0.12▼
2019 · 0.28
ROE
41.0%▲
2019 · 7.2%
ROA
17.8%▲
2019 · 2.0%
Debt ≤ 1 year
€79k▼
2019 · €86k
Debt > 1 year
€8k▼
2019 · €11k
Income taxes
€8k▲
2019 · €1k
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 · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€142k€154k▲
Fixed assets21/28€25k€14k▼
Tangible fixed assets22/27€24k€12k▼
Financial fixed assets28€2k€2k=
Current assets29/58€117k€140k▲
Amounts receivable within one year40/41€115k€139k▲
Cash at bank and in hand54/58€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€142k€154k▲
Equity10/15€40k€67k▲
Contributions10/11€11k-
Reserves13€2k€2k=
Profit (loss) carried forward14€27k€54k▲
Amounts payable17/49€102k€87k▼
Amounts payable after more than one year17€11k€8k▼
Amounts payable within one year42/48€86k€79k▼
Trade debts44€69k€63k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k=
Gross operating margin9900€17k€47k▲
Operating profit (loss)9901€5k€36k▲
Recurring financial charges65€728€478▼
Profit (loss) for the period before taxes9903€4k€35k▲
Income taxes67/77€1k€8k▲
Profit (loss) for the period9904€3k€28k▲
Profit (loss) for the period to be appropriated9905€3k€28k▲
Timeline · acts, filings and financial milestones
2023
29-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · DECOSTEP SRL AVENUE JULES BORDET 160/, 1140 EVERE · event 20-03-2023
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €28k ▲864%
Operating result €36k, net result €28k, both a record.
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 75 days late
2019
31-12
Financial
Weakest financial yearnet €3k ▼42.5%
Net result drops to €3k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
2,497 m²
Building footprint
1,206 m²
Volume, LiDAR
22,071 m³
2 parcels, Brussels · tallest building 25.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
DECOSTEP
since 20162.255.841.502
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372B0069/00C000 | Brussels | 2,223 m² | 1 · 1,063 m² | 25.2 m · 7 fl. |
| 21364B0190/00D005 | Brussels | 274 m² | 1 · 143 m² | 20.4 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | FREDERIK DE VULDER 59 B, AVENUE REINE ASTRID
(BTE 3), 1780 WEMMEL |
20-03-2023 → present |
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Of 1,719 companies in sector 47521 we hold annual accounts for 1,288. 732 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.