DECOSTER
ActiveSummary
DECOSTER has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91,604 and a net result of €8,348. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 28051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 36.09 against 5.79 in 2024; short-term debt: 2.5% and cash: 85.5% of total assets), and 2.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.3%
Return on assets
8.9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
60 d early
2023
85 d early
2022
3 d early
2021
6 d early
2020
54 d early
2019
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#5 oldest company in Herent, Construction sector
Equity
€91,604▼ 9.1%
2024 · €100,807
Total assets
€94,191▼ 21.8%
2024 · €120,453
Net result
€8,348▲ 53.0%
2024 · €5,457
Working capital
€82,429▼ 11.4%
2024 · €92,993
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5,605€22,419▲ 300%€10,803▼ 51.8%€5,900▼ 45.4%€11,254▲ 90.7%
Net result€3,578€15,622▲ 337%€9,440▼ 39.6%€5,457▼ 42.2%€8,348▲ 53.0%
Equity€70,288▲ 5.4%€85,910▲ 22.2%€95,350▲ 11.0%€100,807▲ 5.7%€91,604▼ 9.1%
Total assets€94,742▲ 0.3%€102,969▲ 8.7%€116,812▲ 13.4%€120,453▲ 3.1%€94,191▼ 21.8%
Debt€24,454▼ 11.9%€17,059▼ 30.2%€21,462▲ 25.8%€19,646▼ 8.5%€2,587▼ 86.8%
Working capital€68,041▲ 22.9%€77,843▲ 14.4%€88,645▲ 13.9%€92,993▲ 4.9%€82,429▼ 11.4%
Staff (FTE)1=1=1=
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 2025; 2025 is 91% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94,191
Fixed assets
€9,413 ▲ 16.7%
Current assets
€84,778 ▼ 24.6%
Equity and liabilities €94,191
Equity
€91,604 ▼ 9.1%
Debt
€2,587 ▼ 86.8%
Debt's share of the balance-sheet total falls from 16.3% to 2.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€13,498▲
2024 · €7,186
Cash flow
€10,592▲
2024 · €6,743
Current ratio
36.09▲
2024 · 5.79
Debt to equity
0.03▼
2024 · 0.19
ROE
9.1%▲
2024 · 5.4%
ROA
8.9%▲
2024 · 4.5%
Interest coverage
99.99▲
2024 · 46.06
Debt ≤ 1 year
€2,349▼
2024 · €19,396
Income taxes
€3,798▲
2024 · €1,431
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €13,331 | €44,143 | €48,804 | €5,362 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,120 | €1,368 | €1,362 | €1,286 | €2,244 | ▲ 74.5% |
| Other operating charges640/8 | €2,068 | €2,227 | €2,418 | €2,176 | €1,050 | ▼ 51.7% |
| Gross operating margin9900 | €30,124 | €70,157 | €63,387 | €14,724 | €14,548 | ▼ 1.2% |
| Operating profit (loss)9901 | €5,605 | €22,419 | €10,803 | €5,900 | €11,254 | ▲ 90.7% |
| Financial income75/76B | €1,838 | €1,816 | €1,720 | €1,144 | €1,027 | ▼ 10.2% |
| Recurring financial income75 | €1,838 | €1,816 | €1,720 | €1,144 | €1,027 | ▼ 10.2% |
| Financial charges65/66B | €104 | €113 | €112 | €156 | €135 | ▼ 13.5% |
| Recurring financial charges65 | €104 | €113 | €112 | €156 | €135 | ▼ 13.5% |
| Profit (loss) for the period before taxes9903 | €7,339 | €24,122 | €12,411 | €6,888 | €12,146 | ▲ 76.3% |
| Income taxes67/77 | €3,761 | €8,500 | €2,971 | €1,431 | €3,798 | ▲ 165% |
| Profit (loss) for the period9904 | €3,578 | €15,622 | €9,440 | €5,457 | €8,348 | ▲ 53.0% |
| Profit (loss) for the period to be appropriated9905 | €3,578 | €15,622 | €9,440 | €5,457 | €8,348 | ▲ 53.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €94,742 | €102,969 | €116,812 | €120,453 | €94,191 | ▼ 21.8% |
| Fixed assets21/28 | €2,485 | €8,305 | €6,943 | €8,064 | €9,413 | ▲ 16.7% |
| Tangible fixed assets22/27 | €2,485 | €8,305 | €6,943 | €8,064 | €9,413 | ▲ 16.7% |
| Land and buildings22 | €1,298 | €8,000 | €6,943 | €8,064 | €6,582 | ▼ 18.4% |
| Plant, machinery and equipment23 | €1,187 | €305 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | - | €2,831 | - |
| Current assets29/58 | €92,257 | €94,664 | €109,869 | €112,389 | €84,778 | ▼ 24.6% |
| Amounts receivable within one year40/41 | €3,736 | €4,145 | €5,828 | €1,742 | €2,832 | ▲ 62.6% |
| Trade receivables40 | - | - | €3,083 | - | - | - |
| Other amounts receivable41 | €3,736 | €4,145 | €2,745 | €1,742 | €2,832 | ▲ 62.6% |
| Cash at bank and in hand54/58 | €85,655 | €87,748 | €101,884 | €108,787 | €80,541 | ▼ 26.0% |
| Deferred charges and accrued income490/1 | €2,866 | €2,771 | €2,157 | €1,860 | €1,405 | ▼ 24.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €94,742 | €102,969 | €116,812 | €120,453 | €94,191 | ▼ 21.8% |
| Equity10/15 | €70,288 | €85,910 | €95,350 | €100,807 | €91,604 | ▼ 9.1% |
| Contributions10/11 | €30,987 | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Reserves13 | €39,301 | €54,923 | €64,363 | €69,820 | €60,617 | ▼ 13.2% |
| Non-distributable reserves130/1 | €3,099 | €3,099 | - | - | - | - |
| Reserves not available under the articles1311 | €3,099 | €3,099 | - | - | - | - |
| Tax-exempt reserves132 | €5,014 | €5,014 | €5,014 | €5,014 | €5,014 | = |
| Distributable reserves133 | €31,188 | €46,810 | €59,349 | €64,806 | €55,603 | ▼ 14.2% |
| Amounts payable17/49 | €24,454 | €17,059 | €21,462 | €19,646 | €2,587 | ▼ 86.8% |
| Amounts payable within one year42/48 | €24,216 | €16,821 | €21,224 | €19,396 | €2,349 | ▼ 87.9% |
| Financial debts43 | €836 | - | €922 | €1,025 | - | - |
| Credit institutions430/8 | €836 | - | €922 | €1,025 | - | - |
| Trade debts44 | €10,819 | €8,403 | €6,719 | €2,366 | €1,514 | ▼ 36.0% |
| Suppliers440/4 | €10,819 | €8,403 | €6,719 | €2,366 | €1,514 | ▼ 36.0% |
| Advances received on contracts in progress46 | - | - | - | €2,227 | - | - |
| Taxes, remuneration and social security45 | €10,969 | €6,806 | €9,054 | €10,214 | €835 | ▼ 91.8% |
| Taxes450/3 | €357 | €1,562 | €1,026 | €2,640 | €835 | ▼ 68.4% |
| Remuneration and social security454/9 | €10,612 | €5,244 | €8,028 | €7,574 | - | - |
| Other amounts payable47/48 | €1,592 | €1,612 | €4,529 | €3,564 | - | - |
| Accrued charges and deferred income492/3 | €238 | €238 | €238 | €250 | €238 | ▼ 4.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,578 | €15,622 | €9,440 | €5,457 | €8,348 | ▲ 53.0% |
| + Depreciation and write-downs630 | €9,120 | €1,368 | €1,362 | €1,286 | €2,244 | ▲ 74.5% |
| Operating cash flow (approximation) | €12,698 | €16,990 | €10,802 | €6,743 | €10,592 | ▲ 57.1% |
| Investment in fixed assets (approximation) | - | -€7,188 | €0 | -€2,407 | -€3,593 | ▼ 49.3% |
| Change in cash | - | €2,093 | €14,136 | €6,903 | -€28,246 | ▼ 509% |
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
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Liquidity times 6current ratio 36.09
Current ratio from 5.79 to 36.09; short-term debt falls from €19,396 to €2,349.
01-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100,000Eq €100,807 ▲5.7%
4 profitable years in a row build equity to €100,807.
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €15,622 ▲337%
Operating result €22,419, net result €15,622, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3,578
Net result €3,578 after one loss-making year.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€3,522
Net result drops to -€3,522, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
17-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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Directors · office · real estate
Directors
2 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, Herent · 1 establishment unit since 1986
Ground area
2,415 m²
Building footprint
220 m²
Volume, LiDAR
1,186 m³
2 parcels, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PIERRE DECOSTER EN ZOON
since 19862.031.877.113
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24422D0095/00Z004 | Flanders | 1,839 m² | 1 · 114 m² | 8.4 m · 2 fl. |
| 24422D0095/00K004 | Flanders | 576 m² | 1 · 106 m² | 10.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Debaled
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. 8,821 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-04-1986
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43240Other construction installation
Scores and ratios are computed by Checked and are not a credit decision.