DECOTORA
ActiveDECOTORA has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €167k and a net result of €-2k. Equity is growing by ~30.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 9582 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-87
Solvency42▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 1.83 against 1.7 in 2023), but 81.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
18.8%
Return on assets
-0.2%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
30 d late
2022
29 d late
2021
31 d late
2020
31 d late
2019
22 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€167k▼ 1.1%
2023 · €169k
2018: €65k
2019: €13k
2020: €52k
2021: €96k
2022: €139k
2023: €169k
2018 → 2024
Total assets
€888k▼ 13.7%
2023 · €1.03M
2018: €1.09M
2019: €974k
2020: €1.05M
2021: €1.15M
2022: €1.07M
2023: €1.03M
2018 → 2024
Net result
€-2k
2023 · €29k
2018: €-217k
2019: €-52k
2020: €39k
2021: €43k
2022: €44k
2023: €29k
2018 → 2024
Working capital
€273k▼ 7.0%
2023 · €294k
2018: €160k
2019: €158k
2020: €208k
2021: €254k
2022: €293k
2023: €294k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€52k-€96k▲ 82.8%€139k▲ 45.8%€169k▲ 21.1%€167k▼ 1.1%
Operating result€70k-€86k▲ 21.9%€76k▼ 11.5%€65k▼ 14.8%€30k▼ 54.0%
Net result€39k-€43k▲ 10.4%€44k▲ 1.2%€29k▼ 32.7%€-2k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 54% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €888k
Fixed assets
€285k▼ 10.4%
Current assets
€604k▼ 15.2%
Equity and liabilities €888k
Equity
€167k▼ 1.1%
Debt
€721k▼ 16.2%
The debt ratio falls from 83.6% to 81.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€77k▼
2023 · €109k
Cash flow
€46k▼
2023 · €74k
Solvency
18.8%▲
2023 · 16.4%
Current ratio
1.83▲
2023 · 1.70
Quick ratio
0.30▼
2023 · 0.32
Debt / equity
4.31▼
2023 · 5.09
ROE
-1.1%▼
2023 · 17.5%
ROA
-0.2%▼
2023 · 2.9%
Interest coverage
2.44▲
2023 · 2.35
Debt
€721k▼
2023 · €861k
Debt ≤ 1 year
€331k▼
2023 · €418k
Debt > 1 year
€391k▼
2023 · €439k
Income taxes
€491▲
2023 · €473
Staff costs
€219k▼
2023 · €228k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.03M€888k▼
Fixed assets21/28€318k€285k▼
Tangible fixed assets22/27€316k€283k▼
Land and buildings22€298k€256k▼
Plant, machinery and equipment23€4k€16k▲
Furniture and vehicles24€13k€11k▼
Financial fixed assets28€2k€2k=
Current assets29/58€712k€604k▼
Stocks and contracts in progress3€578k€503k▼
Stocks30/36€578k€503k▼
Amounts receivable within one year40/41€119k€95k▼
Trade receivables40€118k€94k▼
Other amounts receivable41€1k€522▼
Cash at bank and in hand54/58€2k€2k▼
Deferred charges and accrued income490/1€13k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.03M€888k▼
Equity10/15€169k€167k▼
Contributions10/11€20k€20k=
Reserves13€43k€43k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€41k€41k=
Profit (loss) carried forward14€106k€105k▼
Amounts payable17/49€861k€721k▼
Amounts payable after more than one year17€439k€391k▼
Financial debts170/4€439k€391k▼
Amounts payable within one year42/48€418k€331k▼
Current portion of amounts payable after more than one year42€46k€48k▲
Financial debts43€142k€27k▼
Credit institutions430/8€142k€27k▼
Trade debts44€57k€59k▲
Suppliers440/4€57k€59k▲
Taxes, remuneration and social security45€41k€59k▲
Taxes450/3€23k€28k▲
Remuneration and social security454/9€18k€31k▲
Other amounts payable47/48€133k€137k▲
Accrued charges and deferred income492/3€4k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€228k€219k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€48k▲
Other operating charges640/8€11k€3k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€348k€300k▼
Operating profit (loss)9901€65k€30k▼
Financial income75/76B€12k€628▼
Recurring financial income75€453€628▲
Non-recurring financial income76B€11k€0▼
Financial charges65/66B€46k€32k▼
Recurring financial charges65€46k€32k▼
Profit (loss) for the period before taxes9903€30k€-1k▼
Income taxes67/77€473€491▲
Profit (loss) for the period9904€29k€-2k▼
Profit (loss) for the period to be appropriated9905€29k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€106k€105k▼
Profit (loss) brought forward from the previous period14P€77k€106k▲
Social balance
Average headcount (FTE)90877.47.4=
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Equity above €150kEq €169k ▲21.1%
4 profitable years in a row build equity to €169k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Highest result since 2018net €44k ▲1.2%
Net result €44k, the highest in the series.
31-12
Financial
Equity above €100kEq €139k ▲45.8%
3 profitable years in a row build equity to €139k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €39k
Net result €39k after 2 loss-making years.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Deinze · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ommegangstraat 339800 DeinzeGround area
1,326 m²
Building footprint
486 m²
Volume, LiDAR
3,813 m³
2 parcels, Flanders · tallest building 16.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kortrijkstraat 32, 9800 Deinze
since 20012.095.445.171
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011B0476/00R000 | Flanders | 687 m² | 1 · 150 m² | 13.8 m · 3 fl. |
| 44011B0471/00N000 | Flanders | 639 m² | 1 · 336 m² | 16.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AUTOMOTIVE NEW TECHNOLOGIES SYSTEMS
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GISA
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AK DECOR & CERAMIC
BE 0886.487.255
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ARTISAN - ANDERLECHT SERRURERIE VANHOVE
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Anderlecht · Eq €166k
Of 1,708 companies in sector 47521 we hold annual accounts for 1,275. 945 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-2001
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
47552Retail sale of lighting equipment
47592Retail trade
52442
52462
43341Painting of buildings
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.