DECOSTRUCT
ActiveSummary
DECOSTRUCT has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €183,647 and a net result of €43,863. Equity is growing by about 3.8% per year across the filed financial years. Its solvency ranks better than 38% of 11,192 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Development of residential building projects
NACE 68121General construction of residential buildings NACE 41001
1 site
Size
€976,338total assets 2025
- Staff
- 4.1 FTE
- Equity
- €183,647
- Profit
- €43,863
Turnover not published (abbreviated format)
Structure
- MH PROJECTSDirector · permanent representative HIEL Marc Roger Emerentia
- PI-PROJECTBEHEERDirector · permanent representative VAN DEN BRANDE Paul
- IAGO-PROJECTBEHEERDirector · permanent representative GOOSSENS Ian
2025 accounts 30 days early2 of 6 deeds summarised
Why 86raises riskEquity €183,647 (18.8% of total assets)lowers riskFigures for financial year 2025 (filed 31-03-2026)Founded in 2008Size: 4.1 FTE, total assets €976,338Show the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Weak
Solvency
44=
equity 18.8% of total assets
Liquidity
20+5
short-term debt 77.9% · cash 10.2%
Profitability
65-15
return on assets 4.5%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.3%▲ +0.1 percentage points vs 02-2025highest value
04-2025: 0.2%▼ -0.1 percentage points vs 03-2025lowest value
05-2025: 0.2%● unchanged vs 04-2025lowest value
06-2025: 0.2%● unchanged vs 05-2025lowest value
07-2025: 0.2%● unchanged vs 06-2025lowest value
08-2025: 0.2%● unchanged vs 07-2025lowest value
09-2025: 0.2%● unchanged vs 08-2025lowest value
10-2025: 0.2%● unchanged vs 09-2025lowest value
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.16, compared with 1.19 in 2024, below the usual 1.5; short-term debt: 77.9% and cash: 10.2% of total assets), and 81.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 39% on solvency, 16% on liquidity, 52% on profitability and 47% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 days early
2024
32 days early
2023
28 days early
2022
27 days early
2021
32 days early
2020
4 days early
2019
33 days 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 27 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 31 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end27-10-2026 today30-04-2027 deadline
- Appointment: IAGO-PROJECTBEHEER (extra niet statutair bestuurder)Permanent representative: GOOSSENS Ian ·…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
Equity
€183,647▲ 0.5%
2024 · €182,785
Total assets
€976,338▲ 2.6%
2024 · €951,714
Net result
€43,863▼ 46.8%
2024 · €82,412
Working capital
€123,996▼ 8.3%
2024 · €135,212
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result has fallen two years in a row; 2025 is 35% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.06m
2025
Net result€0.04m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.0m
2025
Equity€0.2m
2025
Debt€0.8m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.1m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)4.5%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency18.8%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.16
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)4.1
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.01m-€0.03m▲ 131%-€0.01m€0.05m€0.1m▲ 145%€0.1m▼ 25.1%€0.06m▼ 35.0%
Net result€0.004m-€0.03mwithin the sector's middle half▲ 664%€0.001mwithin the sector's middle half▼ 96.6%€0.04mwithin the sector's middle half▲ 42×€0.1mabove the sector's middle half▲ 160%€0.08mwithin the sector's middle half▼ 28.1%€0.04mwithin the sector's middle half▼ 46.8%
Equity€0.2m-€0.2mwithin the sector's middle half▲ 0.3%€0.2mwithin the sector's middle half▲ 0.7%€0.2mwithin the sector's middle half▲ 6.0%€0.2mwithin the sector's middle half▲ 12.1%€0.2mwithin the sector's middle half▲ 0.2%€0.2mwithin the sector's middle half▲ 0.5%
Total assets€1.0m-€0.8mwithin the sector's middle half▼ 24.3%€0.8mwithin the sector's middle half▼ 0.2%€0.8mwithin the sector's middle half▲ 6.1%€1.0mwithin the sector's middle half▲ 18.1%€1.0mwithin the sector's middle half▼ 4.1%€1.0mwithin the sector's middle half▲ 2.6%
Debt€0.9m-€0.6m▼ 28.4%€0.6m▼ 0.4%€0.7m▲ 6.1%€0.8m▲ 19.5%€0.8m▼ 5.0%€0.8m▲ 3.1%
Working capital€0.1m-€0.1mwithin the sector's middle half▼ 21.7%€0.1mwithin the sector's middle half▲ 18.8%€0.1mwithin the sector's middle half▲ 20.7%€0.2mwithin the sector's middle half▲ 7.8%€0.1mwithin the sector's middle half▼ 10.6%€0.1mwithin the sector's middle half▼ 8.3%
Solvency14.5%-19.2%within the sector's middle half▲ 4.7pp19.4%within the sector's middle half▲ 0.2pp19.4%within the sector's middle half=18.4%within the sector's middle half▼ 1.0pp19.2%within the sector's middle half▲ 0.8pp18.8%within the sector's middle half▼ 0.4pp
Current ratio1.15-1.16within the sector's middle half▲ 0.011.18within the sector's middle half▲ 0.031.21within the sector's middle half▲ 0.021.19within the sector's middle half▼ 0.011.19within the sector's middle half=1.16within the sector's middle half▼ 0.03
Return on assets (ROA)0.4%-3.8%within the sector's middle half▲ 3.5pp0.1%within the sector's middle half▼ 3.7pp5.3%within the sector's middle half▲ 5.1pp11.6%above the sector's middle half▲ 6.3pp8.7%above the sector's middle half▼ 2.9pp4.5%within the sector's middle half▼ 4.2pp
Staff (FTE)6.6-5.7above the sector's middle half▼ 13.6%3.5within the sector's middle half▼ 38.6%3within the sector's middle half▼ 14.3%3above the sector's middle half=3above the sector's middle half=4.1above the sector's middle half▲ 36.7%
above
within
below
the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €976,338
Fixed assets
€91,385 ▼ 11.6%
Current assets
€884,954 ▲ 4.3%
Equity and liabilities €976,338
Equity
€183,647 ▲ 0.5%
Debt
€792,691 ▲ 3.1%
Debt's share of the balance-sheet total rises from 80.8% to 81.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€81,335▼
2024 · €109,860
Cash flow
€61,623▼
2024 · €94,452
Quick ratio
1.13▼
2024 · 1.15
Debt to equity
4.32▲
2024 · 4.21
ROE
23.9%▼
2024 · 45.1%
Interest coverage
4.91▼
2024 · 6.71
Debt ≤ 1 year
€760,958▲
2024 · €713,074
Debt > 1 year
€28,489▼
2024 · €51,604
Income taxes
€8,932▲
2024 · €2,422
Staff costs
€284,614▲
2024 · €214,008
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96.9% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.4%
went bankrupt
1.7%
stopped otherwise
96.9%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,508 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €196,907 | €213,630 | €214,008 | €284,614 | ▲ 33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,378 | €34,470 | €24,179 | €20,962 | €10,847 | €12,040 | €17,760 | ▲ 47.5% |
| Other operating charges640/8 | - | - | - | €7,806 | €5,492 | €13,681 | €14,633 | ▲ 7.0% |
| Gross operating margin9900 | €357,161 | €369,880 | €243,672 | €279,045 | €360,518 | €337,550 | €380,583 | ▲ 12.7% |
| Operating profit (loss)9901 | €14,363 | €33,205 | -€11,003 | €53,371 | €130,548 | €97,820 | €63,575 | ▼ 35.0% |
| Financial income75/76B | - | - | - | €7,356 | €4,214 | €3,389 | €5,768 | ▲ 70.2% |
| Recurring financial income75 | €5,888 | €5,012 | €4,123 | €7,356 | €4,214 | €3,389 | €5,768 | ▲ 70.2% |
| Financial charges65/66B | - | - | - | €11,770 | €13,004 | €16,376 | €16,549 | ▲ 1.1% |
| Recurring financial charges65 | €10,381 | €7,785 | €13,275 | €11,770 | €13,004 | €16,376 | €16,549 | ▲ 1.1% |
| Profit (loss) for the period before taxes9903 | €9,871 | €30,432 | €2,480 | €48,957 | €121,758 | €84,834 | €52,794 | ▼ 37.8% |
| Income taxes67/77 | €5,887 | - | €1,438 | €4,809 | €7,059 | €2,422 | €8,932 | ▲ 269% |
| Profit (loss) for the period9904 | €3,984 | €30,432 | €1,042 | €44,148 | €114,700 | €82,412 | €43,863 | ▼ 46.8% |
| Profit (loss) for the period to be appropriated9905 | €3,984 | €30,432 | €1,042 | €44,148 | €114,700 | €82,412 | €43,863 | ▼ 46.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.0m | €0.8m | €0.8m | €0.8m | €1.0m | €1.0m | €1.0m | ▲ 2.6% |
| Fixed assets21/28 | €0.08m | €0.07m | €0.05m | €0.03m | €0.06m | €0.1m | €0.09m | ▼ 11.6% |
| Tangible fixed assets22/27 | €0.07m | €0.07m | €0.04m | €0.02m | €0.05m | €0.1m | €0.08m | ▼ 12.6% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.05m | €0.05m | €0.04m | ▼ 9.1% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.006m | €0.05m | €0.04m | ▼ 15.8% |
| Financial fixed assets28 | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Current assets29/58 | €1.0m | €0.7m | €0.7m | €0.8m | €0.9m | €0.8m | €0.9m | ▲ 4.3% |
| Stocks and contracts in progress3 | €0.03m | €0.03m | €0.03m | €0.03m | €0.02m | €0.03m | €0.03m | ▲ 0.5% |
| Stocks30/36 | - | - | - | €0.03m | €0.02m | €0.03m | €0.03m | ▲ 0.5% |
| Amounts receivable within one year40/41 | €0.9m | €0.6m | €0.7m | €0.7m | €0.9m | €0.8m | €0.8m | ▼ 2.6% |
| Trade receivables40 | - | - | - | €0.7m | €0.8m | €0.7m | €0.7m | ▼ 1.7% |
| Other amounts receivable41 | - | - | - | - | €0.01m | €0.03m | €0.02m | ▼ 25.5% |
| Cash at bank and in hand54/58 | €0.02m | €0.06m | €0.05m | €0.1m | €0.06m | €0.04m | €0.1m | ▲ 129% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.003m | €0.006m | €0.007m | ▲ 8.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.0m | €0.8m | €0.8m | €0.8m | €1.0m | €1.0m | €1.0m | ▲ 2.6% |
| Equity10/15 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 0.5% |
| Contributions10/11 | €0.006m | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €0.002m | - | - | - |
| Other1319 | - | - | - | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Profit (loss) carried forward14 | €0.05m | €0.05m | €0.06m | €0.06m | €0.08m | €0.08m | €0.09m | ▲ 1.0% |
| Amounts payable17/49 | €0.9m | €0.6m | €0.6m | €0.7m | €0.8m | €0.8m | €0.8m | ▲ 3.1% |
| Amounts payable after more than one year17 | €0.04m | €0.02m | €0.007m | €0.001m | €0.03m | €0.05m | €0.03m | ▼ 44.8% |
| Financial debts170/4 | - | - | - | €0.001m | €0.03m | €0.05m | €0.03m | ▼ 44.8% |
| Amounts payable within one year42/48 | €0.8m | €0.6m | €0.6m | €0.7m | €0.8m | €0.7m | €0.8m | ▲ 6.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.006m | €0.01m | €0.02m | €0.02m | ▲ 4.5% |
| Financial debts43 | - | - | - | €0.2m | €0.1m | €0.2m | €0.1m | ▼ 45.0% |
| Credit institutions430/8 | - | - | - | €0.2m | €0.1m | €0.2m | €0.1m | ▼ 45.0% |
| Trade debts44 | €0.5m | €0.3m | €0.3m | €0.5m | €0.5m | €0.4m | €0.6m | ▲ 43.1% |
| Suppliers440/4 | - | - | - | €0.5m | €0.5m | €0.4m | €0.6m | ▲ 43.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.01m | €0.009m | €0.01m | ▲ 50.3% |
| Taxes450/3 | - | - | - | €0.01m | €0.007m | €0.002m | €0.004m | ▲ 85.6% |
| Remuneration and social security454/9 | - | - | - | €0.006m | €0.005m | €0.007m | €0.01m | ▲ 38.0% |
| Other amounts payable47/48 | - | - | - | €0.04m | €0.1m | €0.09m | €0.05m | ▼ 45.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0.002m | €0.004m | €0.003m | ▼ 23.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,984 | €30,432 | €1,042 | €44,148 | €114,700 | €82,412 | €43,863 | ▼ 46.8% |
| + Depreciation and write-downs630 | €30,378 | €34,470 | €24,179 | €20,962 | €10,847 | €12,040 | €17,760 | ▲ 47.5% |
| Operating cash flow (approximation) | €34,362 | €64,902 | €25,221 | €65,110 | €125,547 | €94,452 | €61,623 | ▼ 34.8% |
| Investment in fixed assets (approximation) | - | -€28,905 | €3,747 | €0 | -€47,250 | -€53,121 | -€5,717 | ▲ 89.2% |
| Change in cash | - | €41,040 | -€12,467 | €55,230 | -€45,825 | -€12,302 | €56,225 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | abbreviated format | 31-03-2026 | 2026-00067238 |
| 30-09-2024 | abbreviated format | 29-03-2025 | 2025-00057412 |
| 30-09-2023 | abbreviated format | 02-04-2024 | 2024-00054006 |
| 30-09-2022 | abbreviated format | 03-04-2023 | 2023-00051700 |
| 30-09-2021 | abbreviated format | 29-03-2022 | 2022-08900470 |
| 30-09-2020 | abbreviated format | 26-04-2021 | 2021-11200392 |
| 30-09-2019 | abbreviated format | 28-03-2020 | 2020-08000494 |
| 30-09-2018 | abbreviated format | 31-03-2019 | 2019-08700488 |
| 30-09-2017 | abbreviated format | 24-04-2018 | 2018-10500485 |
| 30-09-2016 | abbreviated format | 05-04-2017 | 2017-09000498 |
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Of the 9,531 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,448. 5,370 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · €484 awarded · €484 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €0 | €242 |
| 2024 | 1 | €242 | €0 |
| 2023 | 1 | €242 | €242 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
3 directors, last change in 2026
Board 3
MH PROJECTS
CurrentDirector (not named in the articles) · since 12-12-2023 · Private limited company · permanent representative: HIEL Marc Roger Emerentia
PI-PROJECTBEHEER
CurrentDirector (not named in the articles) · since 12-12-2023 · Private limited company · permanent representative: VAN DEN BRANDE Paul
IAGO-PROJECTBEHEER
CurrentExtra niet statutair bestuurder · since 01-10-2026 · Private limited company · permanent representative: GOOSSENS Ian
Permanent representatives 3
HIEL Marc Roger Emerentia
CurrentPermanent representative · since 12-12-2023 · for MH PROJECTS
VAN DEN BRANDE Paul
CurrentPermanent representative · since 12-12-2023 · for PI-PROJECTBEHEER
GOOSSENS Ian
CurrentPermanent representative · since 01-10-2026 · for IAGO-PROJECTBEHEER
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 6 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
3 people since 2023, 3 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MH PROJECTS |
|
| PI-PROJECTBEHEER |
|
| IAGO-PROJECTBEHEER |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 01-10-2026 ↗
- HIEL Marc 50%
- VAN DEN BRANDE Paul 50%
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 01-10-2026 Capital stated in the deed · 1,200 shares
- 12-12-2023 Capital stated in the deed · 1,200 shares
Group and network
Connections & network
4 connected companiesThis company
Company
Director
Shareholding
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Linked via shared directors
DECO-INVEST
Shared corporate director
→
HELDER
Shared corporate director
→
KMO-Park Krekelenberg II
Shared corporate director
→
S.M.H.
Shared corporate director
→
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
01-10
Gazette deed
Appointment: IAGO-PROJECTBEHEER (extra niet statutair bestuurder)Permanent representative: GOOSSENS Ian · Kind of shares · Shareholding9 facts ▸
Gazette deed
Appointment: IAGO-PROJECTBEHEER (extra niet statutair bestuurder)
Permanent representative: GOOSSENS Ian · Kind of shares · Shareholding9 facts ▸
- General meeting, 28-09-2026
- Kind of shares, “creatie, geen financiële en boekhoudkundige gegevens ten grondslag” (deed in Dutch)
- Shareholding, 28-09-2026, “A” (deed in Dutch) (2 times)
- Shareholding, 28-09-2026, “B” (deed in Dutch) (2 times)
- Capital
- Director appointment, IAGO-PROJECTBEHEER (extra niet statutair bestuurder)
- Permanent representative, GOOSSENS Ian
- Power of attorney
- Amendment of the articles
31-03
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
2025
29-03
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format
2024
02-04
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
2023
12-12
Gazette deed
Resignations: MH PROJECTS (manager) and PI-PROJECTBEHEER (manager)Permanent representatives: HIEL Marc Roger Emerentia and VAN DEN BRANDE Paul · Appointments: MH PROJECTS (director) and PI-PROJECTBEHEER (director) · Amendment of the articles15 facts ▸
Gazette deed
Resignations: MH PROJECTS (manager) and PI-PROJECTBEHEER (manager)
Permanent representatives: HIEL Marc Roger Emerentia and VAN DEN BRANDE Paul · Appointments: MH PROJECTS (director) and PI-PROJECTBEHEER (director) · Amendment of the articles15 facts ▸
- General meeting, 07-12-2023
- Amendment of the articles (2 times)
- Capital conversion, EUR, “van rechtswege omgezet” (deed in Dutch)
- Reserve release, “middelen beschikbaar voor uitkering, vormen en meerderheden statutenwijziging” (deed in Dutch)
- Capital
- Director resignation, MH PROJECTS (manager)
- Director resignation, PI-PROJECTBEHEER (manager)
- Permanent representative, HIEL Marc Roger Emerentia
- Permanent representative, VAN DEN BRANDE Paul
- Director discharge, MH PROJECTS
- Director discharge, PI-PROJECTBEHEER
- Director appointment, MH PROJECTS (director (not named in the articles))
- +3 further facts in this act
30-09
Financial
Highest result from 2019 to 2025net €114,700 ▲160%
Operating result €130,548, net result €114,700, both a record.
03-04
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
2022
29-03
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
2021
30-09
Financial
Weakest financial yearnet €1,042 ▼96.6%
Net result drops to €1,042, the lowest in the series; recovery starts the following year.
26-04
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
28-03
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2019
31-03
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2018
24-04
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
05-04
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
2 of 6 deeds read
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded30-05-2008
Financial year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0898333133
Also
9925:BE0898333133
Registered
05-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0898.333.133
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Boom · 1 establishment unit since 2008
Ground area
1,716 m²
Building footprint
595 m²
Building volume
3,151 m³
Parcel 11005A0039/00A003, Flanders · tallest building 6.8 m. Linked by address, not a title deed.
1 establishment unit
Decostruct
since 2008unit no. 2.172.278.376
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11005A0039/00A003 | Flanders | 1,716 m² | 1 · 595 m² | 6.8 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De coördinatie van werken aan roerende en onroerende goederen; Algemene aanneming,het uitgeven van werken in onderaanneming aan roerende en…” (deed in Dutch)
22 activities (deed in Dutch)
- De coördinatie van werken aan roerende en onroerende goederen.
- Algemene aanneming,het uitgeven van werken in onderaanneming aan roerende en onroerende goederen.Bouwpromotie.
- Werken in onroerende staat,zoals maar niet beperkend tot:-het leggen van parketvloeren en andere houten vloerbedekking,het vervaardigen van meubels;-algehele binnenhuisinrichting en decoratie;-ruwbouwwerken.
- De vervaardiging,de herstelling en de afwerking van meubels van ongeacht welk materiaal voor keuken,eetkamer,zitkamer,slaapkamer,tuin,kantoor,en zomeer.Groot-en kleinhandel in meubels en woninginrichtingen.Maken,leveren en plaatsen van alle binnenhuisinrichtingen.Groot-en kleinhandel in kunstvoorwerpen en archeologische objecten.
- De vervaardiging en montage van buiten-en binnenschrijnwerk van hout of kunststof en in metaal,deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,inbouwbadkamermeubelen,winkelinrichtingen,trappen,leuningen en dergelijke.
- De installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden,plafonds in hout of kunststof.
- De vervaardiging van deuren.
- Het plaatsen van tussenwanden van gipsplaten.
- De installatie van geblindeerde deuren en brandwerende deuren in hout en kunststof en metaal.
- De montage van serres,veranda’s en zo meer,in hout en kunststof en metaal.
- De installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,en dergelijke in hout,kunststof en metaal.
- Overige werkzaamheden in verband met de het oprichten en de afwerking van gebouwen.
- De aan-en verkoop van alle materialen met betrekking tot deze.
- De renovatie van gebouwen en het plaatsen van plafonds,ramen,deuren en wanden.
- De aan-en verkoop,in-en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in het kort tussenpersoon in de handel.
- Studie-,organisatie-en raadgevend bureau inzake het bouwen,verbouwen,inrichten van onroerende goederen.
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe technologieën en hun toepassingen.
- Het deelnemen in,het voeren van beheer over en het financieren van andere ondernemingen van welke aard ook,het instaan voor schulden van derden,het beleggen van vermogen voor eigen rekening en het verlenen van managementdiensten,zomede al hetgeen met het vorenstaande verband houdt of daartoe bevorderlijk kan zijn.
- Alle activiteiten van landmeter.
- Alle activiteiten als beëdigd schatter.
- Het verlenen van bijstand,advies en leiding aan bedrijven,privé-personen en instellingen,voornamelijk doch niet uitsluitend in de bouwsector,het optreden als werfcoördinator,onder meer op het vlak van kwaliteitsbewaking van uitgevoerde werken,het formuleren van opmerkingen zomede controle en administratieve afhandeling van een bouwproject,dit alles in de meest ruime betekenis.
- Alle handelingen als tussenpersoon of makelaar,het beheer van gebouwen of groepen van gebouwen,het mandaat van syndicus en in het algemeen elke handeling in onroerende goederen.Het optreden als expert voor rekening van verzekeringsmaatschappijen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DECOSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, exploitatiezetels,administratieve zetels,filialen,agentschappen,depots in België of buitenland bij beslissing bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, één of meer bestuurders” (deed in Dutch)“Algemene kosten,los van representatie-,reis- en verplaatsingskosten, algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “A, 600” (deed in Dutch)“B, 600” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht onder levenden aan derden, eventuele andersluidende afspraken in een aandeelhoudersovereenkomst” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie, bevoegdheden en vergoeding” (deed in Dutch)