20 annual accounts with figures on one time axis, 32 filings since 1994
peak €273,975 (2006)
€242,916▲ €275,798
lowest -€40,597 (2016)
€117,482▼ 65.3%
peak €654,732 (2025)
€654,732▲ 2.3%
€96,901▲ 9.7%
Board4 names since 2019
3 directorsHidden nameVisible after signing in and 2 others
Owners
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Gross margin from -€32,881 to €242,916Result from €338,110 to €117,482Reappointments: Name after signing inVisible after signing in (managing director) and Name after signing inVisible after signing in (managing director)07-07Dividend €102,857Cash from €17,482 to €41,970
Higher net result than 95% of companies in wholesale trade. Sector median €5,606 · 13,813 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as DECOTIM has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Small
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more
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 20,137 companies, not a prediction for DECOTIM. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Hidden signalVisible after signing in
Signal visible after signing inVisible after signing in
Signal hidden, visible after signing inVisible after signing in
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Board and ownership
Name hiddenVisible after signing in
Managing director
Hidden nameVisible after signing in
Managing director
Name after signing inVisible after signing in
Daily manager
Name hiddenVisible after signing in 50%score XXVisible after signing inequity €341,374 (2025) · 2024 annual accounts of Name after signing inVisible after signing in
Reappointments: Name hiddenVisible after signing in (managing director) and Hidden nameVisible after signing in (managing director)
General meeting of 30-05-2025 · Gazette deed
2 directors appointed, 2 resignations
Resignations: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director) · Appointments: Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (director) · Name hiddenVisible after signing in holds 125 shares · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Brugge
Environmental permit refused
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Brugge
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as DECOTIM: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €545,000 and €835,000, founded between 1991 and 1996.
The company number of DECOTIM is 0452.133.628. The VAT number is the same number with BE in front: BE 0452.133.628.
Where is DECOTIM based?
The registered office is at Galgeveld 37, 8730 Beernem.Company details
What does DECOTIM do?
According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
What is the legal form of DECOTIM?
DECOTIM is a public limited company (NV).
When was DECOTIM founded?
DECOTIM was founded on 07-02-1994.
Is DECOTIM still active?
Yes, DECOTIM is an active enterprise in the KBO register.
What is the turnover of DECOTIM?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €242,916 and 59 comparable companies (NACE 46). It probably lies between €580,000 and €2.2m.Financials
Is DECOTIM profitable?
In financial year 2025, DECOTIM made a profit of €117,482.
Where can I find the annual accounts of DECOTIM?
DECOTIM filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DECOTIM due?
DECOTIM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline