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DECOSTER KRIS

Active Private limited companyfounded 2024active for 2 yearsNieuwstraat 128, 8792 WaregemKBO/BCE: BE 1010.615.977

Lifetime

1 annual account with figures
peak €12,557 (2025)
€12,557 
peak €9,230 (2025)
€9,230 
peak €13,230 (2025)
€13,230 
€5,792 
Board1 name since 2024
Documentsfilings and deeds
19-01-202612 days before the deadline
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €150,000 estimated

The micro format states no turnover.

Checked score

67
Healthy
Financially stronger than 86% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 07-2025: 3.6% 08-2025: 3.6%● unchanged vs 07-2025 09-2025: 3.8%▲ +0.2 percentage points vs 08-2025 10-2025: 4.1%▲ +0.3 percentage points vs 09-2025 11-2025: 4.2%▲ +0.1 percentage points vs 10-2025 12-2025: 4.6%▲ +0.4 percentage points vs 11-2025 01-2026: 4.6%● unchanged vs 12-2025 02-2026: 5.0%▲ +0.4 percentage points vs 01-2026 03-2026: 4.8%▼ -0.2 percentage points vs 02-2026 04-2026: 4.8%● unchanged vs 03-2026 05-2026: 5.1%▲ +0.3 percentage points vs 04-2026 06-2026: 5.3%▲ +0.2 percentage points vs 05-2026 07-2026: 5.3%● unchanged vs 06-2026highest value 08-2026: 5.3%● unchanged vs 07-2026highest value 09-2026: 5.3%● unchanged vs 08-2026highest value 10-2026: 1.3%▼ -4.0 percentage points vs 09-2026 11-2026: 1.3%● unchanged vs 10-2026lowest value

Financial strength
Strong

95equity 69.6% of total assets
87short-term debt 30.4% · cash 39.4%
100return on assets 48.5%

Score breakdown

raises risk
Size: total assets €19,022
Founded in 2024
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 3.28, cash €7,504
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 79% of them on solvency, 88% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as DECOSTER KRIS has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DECOSTER KRIS itself: 1.3% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for DECOSTER KRIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.28, above the usual 1.5. Short-term debt is 30.4% and cash 39.4% of total assets. 30.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: total assets €19,022
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 3.28, cash €7,504
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-01-2026, 12 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
12 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

DK
Director, since 21-06-2024
  • DECOSTER Kris Raphaël Esther founderdeed of 25-06-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1010615977
Incorporation Founding capital of €4,000, 100 shares · Founder: DECOSTER Kris Raphaël Esther · Appointment: DECOSTER Kris Raphaël Esther (director) · published on 25-06-2024 · Gazette deed
First establishment Nieuwstraat 128, Waregem
All 4 events

Comparable companies

same main activity, similar in size and age
Company
DECOSTER KRIS Waregem €19,022 €12,557 69.6% -
THODEC BOUW Diksmuide €23,109 €10,531 46.4% -
KDK CONSTRUCT Dilbeek €17,801 €12,710 57.5% -
Mim Tech Houthalen-Helchteren €20,843 €10,529 43.8% -
Konert Zedelgem €23,421 €17,287 86.9% -
GP Création Drogenbos €20,571 €12,036 54.5% -
RCE CONSTRUCT Sint-Pieters-Leeuw €23,800 €18,249 80.3% -

These companies have the same main activity as DECOSTER KRIS: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €17,800 and €23,800, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 21-06-2024Normal situation
Activity
General construction of other non-residential buildingsNACE 41003and 5 others
Establishment unit
2.361.495.2868792 Waregem, since 21-06-2024
Financial year end
30 June
Peppol
Reachable since 19-08-2024
Company details

Annual accounts to 30-06-2025

€19,022
Filing
Filed on 19-01-2026, 12 days before the end of the filing period
Financials

Insights on DECOSTER KRIS

DECOSTER KRIS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,230 and a net result of €9,230.

Its solvency ranks better than 78% of 9,471 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DECOSTER KRIS

What is the company number of DECOSTER KRIS?
The company number of DECOSTER KRIS is 1010.615.977. The VAT number is the same number with BE in front: BE 1010.615.977.
Where is DECOSTER KRIS based?
The registered office is at Nieuwstraat 128, 8792 Waregem.Company details
What does DECOSTER KRIS do?
According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
What is the legal form of DECOSTER KRIS?
DECOSTER KRIS is a private limited company (BV).
When was DECOSTER KRIS founded?
DECOSTER KRIS was founded on 21-06-2024.
Is DECOSTER KRIS still active?
Yes, DECOSTER KRIS is an active enterprise in the KBO register.
What is the turnover of DECOSTER KRIS?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €12,557 and 277 comparable companies (NACE 410). It probably lies between €80,000 and €280,000. It is a rough estimate.Financials
Is DECOSTER KRIS profitable?
In financial year 2025, DECOSTER KRIS made a profit of €9,230.
Where can I find the annual accounts of DECOSTER KRIS?
DECOSTER KRIS filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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