More equity than 92% of companies in wood and cork. Sector median €351,517 · 337 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, 6,049 companies had the same profile as DECOTRAP has now. Each dot stands for 16 companies, two years later.
95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
Small
10 to 20 years old
solvency 30% or more
a profit under 5% of the balance sheet
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 6,049 companies, not a prediction for DECOTRAP. 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
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0887522977
Legal-form change
General meeting of 08-03-2023 · Gazette deed
Appointment: Hidden nameVisible after signing in (director)
Permanent representative: Name after signing inVisible after signing in · General meeting of 31-08-2022 · Gazette deed
2 directors appointed, 1 resignation
Resignation: Name hiddenVisible after signing in · Appointments: Hidden nameVisible after signing in and Name after signing inVisible after signing in · Permanent representatives: Name hiddenVisible after signing in and Hidden nameVisible after signing in · Gazette deed
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 DECOTRAP: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €2.5m and €10m, founded between 1988 and 2012.
The company number of DECOTRAP is 0887.522.977. The VAT number is the same number with BE in front: BE 0887.522.977.
Where is DECOTRAP based?
The registered office is at Mijnwerkerslaan 42, 3550 Heusden-Zolder.Company details
What does DECOTRAP do?
According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
What is the legal form of DECOTRAP?
DECOTRAP is a private limited company (BV).
When was DECOTRAP founded?
DECOTRAP was founded on 26-02-2007.
Is DECOTRAP still active?
Yes, DECOTRAP is an active enterprise in the KBO register.
How many employees does DECOTRAP have?
DECOTRAP had an average of 46.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DECOTRAP fall under?
In its 2024 annual accounts, DECOTRAP states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of DECOTRAP?
The turnover in financial year 2025 is ≈ €6.0m. This figure is estimated from the gross margin of €3.5m and 1,585 comparable companies of the same size. It probably lies between €4.0m and €9.8m. It is a rough estimate.
Is DECOTRAP profitable?
In financial year 2025, DECOTRAP made a profit of €138,612.
Where can I find the annual accounts of DECOTRAP?
DECOTRAP filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DECOTRAP due?
DECOTRAP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline