DECOWOOD DESIGN
The computed 12-month bankruptcy probability of DECOWOOD DESIGN is 2.2% (moderate). The 2024 annual accounts show equity of €10k and a net result of €-51k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 10% of 11087 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €10k |
| Net result | €-51k |
| Better than sector | 10% |
| Active | 15 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 3.1% | 40.9% | |
| Net result | €-51k | €11k | |
| Equity | €10k | €34k | |
| Gross operating margin | €-24k | €35k | |
| Total assets | €335k | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-27k |
| Net profit | €-51k |
| Cash flow | €-35k |
| Staff costs | - |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €335k |
| Equity | €10k |
| Debt | €325k |
| of which ≤ 1y | €224k |
| of which > 1y | €101k |
| Working capital | €-131k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.42 |
| Quick ratio | 0.27 |
| Working capital ratio | -39.0% |
| Solvency | 3.1% |
| Debt / equity | 31.17 |
| Long-term debt ratio | 9.68 |
| Interest coverage | -3.88 |
| Gross margin | - |
| Net margin | - |
| ROA | -15.2% |
| ROE | -490.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €335k |
| Fixed assets | 21/28 | €242k |
| Tangible fixed assets | 22/27 | €241k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €93k |
| Stocks & contracts in progress | 3 | €34k |
| Amounts receivable within one year | 40/41 | €59k |
| Cash & bank | 54/58 | €17 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €335k |
| Equity | 10/15 | €10k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €48k |
| Accumulated profits (losses) | 14 | €-57k |
| Amounts payable | 17/49 | €325k |
| Amounts payable after one year | 17 | €101k |
| Amounts payable within one year | 42/48 | €224k |
| Trade debts payable within one year | 44 | €32k |
| Income statement | ||
| Gross operating margin | 9900 | €-24k |
| Operating result | 9901 | €-43k |
| Financial income | 75 | €85 |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €-50k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €-51k |
| Result to be appropriated | 9905 | €-51k |
| NACE primary | Joinery(43320) |
| Legal form | Private limited company(610) |
| Incorporation | 14-10-2010 |
| Status | Active |
| Postal code | 1070 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078C0039/00G002 | Flanders | 513 m² | 1 · 470 m² | 5.8 m · 1 fl. |
| 21308H0678/00E006 | Brussels | 309 m² | 1 · 140 m² | 12.9 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-02-2024 DEFRENNE Jean-Louis appointed as director
- DEFRENNE Jean-Louis, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "DEFRENNE Jean-Louis",
"address": "1932 Zaventem, Jean Monnetwijk, 6",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Patrick GUSTIN",
"firm_city": null,
"firm_name": null,
"office_city": "Auderghem",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-02-09",
"filing_date": "2024-02-07",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-01-15",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2024-01-15",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2024-01-15",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2024-01-15",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2024-01-15",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0830.275.062",
"name_full": "DECOWOOD DESIGN",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Patrick GUSTIN",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"exp\u00E9dition de l\u2019acte",
"mandat",
"coordination des statuts"
],
"corrected_publication_numac": null
}06-04-2022 1 director appointed, 1 resigning
- DEFRENNE Jean-Louis, Bestuurder
- DEFRENNE Laurent, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "DEFRENNE Laurent",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 12 janvier 2022, acte la d\u00E9mission en sa qualit\u00E9 d\u0027administrateur de Monsieur DEFRENNE Laurent.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "DEFRENNE Jean-Louis",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "successor_conditional",
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "Monsieur DEFRENNE Jean-Louis restera le seul administrateur de la soci\u00E9t\u00E9.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2022-04-06",
"filing_date": "2022-03-30",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-01-12",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0830.275.062",
"name_full": "DECOWOOD DESIGN",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "DEFRENNE Jean-Louis",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | DECOWOOD DESIGN |