DECOTER
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 29-08-2024 was due by 29-03-2025 and was filed on 12-03-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
17 d early
2023
on the day
2022
25 d early
2021
8 d early
2020
on the day
2019
2 d early
2018
9 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 6 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€9.6m▲ 0.7%
2023 · €9.5m
Total assets
€9.6m▼ 1.6%
2023 · €9.8m
Net result
€318,429▼ 78.4%
2023 · €1.5m
Working capital
€9.3m▲ 15.6%
2022 · €8.0m
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
Line20202021202220232024
Operating result€143,919▼ 16.9%€148,583▲ 3.2%€34,278▼ 76.9%-€40,104€179,738
Net result€298,721▲ 17.9%€330,276▲ 10.6%€7.7m▲ 2,232%€1.5m▼ 80.8%€318,429▼ 78.4%
Equity€708,154▲ 6.8%€854,680▲ 20.7%€8.3m▲ 872%€9.5m▲ 14.8%€9.6m▲ 0.7%
Total assets€838,485▼ 2.9%€921,341▲ 9.9%€9.1m▲ 887%€9.8m▲ 7.3%€9.6m▼ 1.6%
Debt€96,872▼ 41.3%€34,932▼ 63.9%€762,219▲ 2,082%€196,801▼ 74.2%
Working capital-€3,059€122,615€8.0m▲ 6,444%€9.3m▲ 15.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result -78% on 2023. This fiscal year ran 11 months, the previous one 12.
- 2022 Net result +2,232% on 2021. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €179,738 after a loss of €40,104 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.6m
Fixed assets
€495,000 ▲ 67.9%
Current assets
€9.1m ▼ 3.8%
Key figures and ratios
Solvency
100.0%▲
2023 · 97.7%
ROE
3.3%▼
2023 · 15.5%
ROA
3.3%▼
2023 · 15.1%
Income taxes
€126,042▼
2023 · €189,958
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,571 | €19,338 | €16,323 | €16,323 | - | - |
| Other operating charges640/8 | - | €2,533 | €1,771 | €3,151 | €4,121 | ▲ 30.8% |
| Gross operating margin9900 | €172,020 | €170,454 | €52,373 | -€20,630 | €183,859 | ▲ 991% |
| Operating profit (loss)9901 | €143,919 | €148,583 | €34,278 | -€40,104 | €179,738 | ▲ 548% |
| Financial income75/76B | - | €220,767 | €8.7m | €1.8m | €239,286 | ▼ 86.6% |
| Recurring financial income75 | €201,033 | €220,767 | €1,082 | €231,952 | €239,286 | ▲ 3.2% |
| Non-recurring financial income76B | - | - | €8.7m | €1.6m | - | - |
| Financial charges65/66B | - | €3,181 | €249,227 | €86,237 | €2,821 | ▼ 96.7% |
| Recurring financial charges65 | €5,276 | €3,181 | €1,567 | €25,613 | €2,821 | ▼ 89.0% |
| Non-recurring financial charges66B | - | - | €247,660 | €60,625 | - | - |
| Profit (loss) for the period before taxes9903 | €339,677 | €366,168 | €8.5m | €1.7m | €416,204 | ▼ 75.0% |
| Transfer from deferred taxes780 | - | €1,731 | €1,731 | €1,731 | €28,267 | ▲ 1,533% |
| Income taxes67/77 | €42,687 | €37,623 | €782,191 | €189,958 | €126,042 | ▼ 33.6% |
| Profit (loss) for the period9904 | €298,721 | €330,276 | €7.7m | €1.5m | €318,429 | ▼ 78.4% |
| Transfer from tax-exempt reserves789 | - | €3,361 | €3,361 | €3,361 | €54,897 | ▲ 1,533% |
| Profit (loss) for the period to be appropriated9905 | €302,082 | €333,637 | €7.7m | €1.5m | €373,326 | ▼ 74.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €838,485 | €921,341 | €9.1m | €9.8m | €9.6m | ▼ 1.6% |
| Fixed assets21/28 | €778,637 | €763,793 | €311,145 | €294,822 | €495,000 | ▲ 67.9% |
| Tangible fixed assets22/27 | €342,312 | €327,468 | €311,145 | €294,822 | €495,000 | ▲ 67.9% |
| Land and buildings22 | - | €327,468 | €311,145 | €294,822 | €495,000 | ▲ 67.9% |
| Financial fixed assets28 | €436,325 | €436,325 | - | - | - | - |
| Current assets29/58 | €59,848 | €157,548 | €8.8m | €9.5m | €9.1m | ▼ 3.8% |
| Amounts receivable after more than one year29 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Other amounts receivable291 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Amounts receivable within one year40/41 | €9,777 | €14,281 | €27,367 | €2.1m | €566,864 | ▼ 73.5% |
| Other amounts receivable41 | - | €14,281 | €27,367 | €2.1m | €566,864 | ▼ 73.5% |
| Current investments50/53 | - | - | €1.2m | €6.3m | €6.5m | ▲ 2.6% |
| Cash at bank and in hand54/58 | €50,071 | €138,267 | €7.5m | €814,096 | €2.1m | ▲ 154% |
| Deferred charges and accrued income490/1 | - | - | - | €202,435 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €838,485 | €921,341 | €9.1m | €9.8m | €9.6m | ▼ 1.6% |
| Equity10/15 | €708,154 | €854,680 | €8.3m | €9.5m | €9.6m | ▲ 0.7% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €689,562 | €836,088 | €8.3m | €9.5m | €9.2m | ▼ 3.2% |
| Non-distributable reserves130/1 | - | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | - | - | - | - |
| Tax-exempt reserves132 | - | €61,619 | €58,258 | €54,897 | - | - |
| Distributable reserves133 | - | €772,610 | €8.2m | €9.5m | €9.2m | ▼ 2.6% |
| Profit (loss) carried forward14 | - | - | - | - | €373,326 | - |
| Provisions and deferred taxes16 | €33,459 | €31,729 | €29,998 | €28,267 | - | - |
| Deferred taxes168 | - | €31,729 | €29,998 | €28,267 | - | - |
| Amounts payable17/49 | €96,872 | €34,932 | €762,219 | €196,801 | - | - |
| Amounts payable after more than one year17 | €33,964 | - | - | - | - | - |
| Amounts payable within one year42/48 | €62,907 | €34,932 | €762,219 | €187,523 | - | - |
| Current portion of amounts payable after more than one year42 | - | €33,964 | - | - | - | - |
| Trade debts44 | €2,530 | €73 | €27 | €61,926 | - | - |
| Suppliers440/4 | - | €73 | €27 | €61,926 | - | - |
| Taxes, remuneration and social security45 | - | - | €762,191 | €125,598 | - | - |
| Taxes450/3 | - | - | €762,191 | €125,598 | - | - |
| Other amounts payable47/48 | - | €895 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €9,278 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €298,721 | €330,276 | €7.7m | €1.5m | €318,429 | ▼ 78.4% |
| + Depreciation and write-downs630 | €25,571 | €19,338 | €16,323 | €16,323 | - | - |
| Operating cash flow (approximation) | €324,291 | €349,614 | €7.7m | €1.5m | €318,429 | ▼ 78.7% |
| Investment in fixed assets (approximation) | - | -€4,495 | €436,325 | €0 | -€200,178 | - |
| Change in cash | - | €88,196 | €7.4m | -€6.7m | €1.3m | ▲ 119% |
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
2025
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity quadruplescurrent ratio 50.46
Current ratio from 11.53 to 50.46; short-term debt falls from €762,219 to €187,523.
05-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €7.7m ▲2,232%
Net result €7.7m, the highest in the series.
30-09
Financial
Liquidity triplescurrent ratio 11.53
Current ratio from 4.51 to 11.53.
30-09
Financial
Equity above €5mEq €8.3m ▲872%
5 profitable years in a row build equity to €8.3m.
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Liquidity times 5current ratio 4.51
Current ratio from 0.95 to 4.51; short-term debt falls from €62,907 to €34,932.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Liquidity times 5current ratio 1.37
Current ratio from 0.26 to 1.37; short-term debt falls from €126,117 to €76,921.
Show earlier events
09-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
2016
22-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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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Structure & network
Owners and holdings
Owners 0
The accounts to 30-09-2021 list no shareholders, and no other source names one.
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
98.67%
According to the annual accounts to 30-09-2021 of DECOTER and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
894500FJUCVP5LC6LW47