DECREM
ActiveSummary
DECREM has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117,393 and a net result of €284. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 53% of 28051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-14
Solvency74▼-26
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 1.8 against 3.53 in 2024; short-term debt: 23% and cash: 34.4% of total assets), but 50.5% of the assets are financed with debt.
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Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.5%
Return on assets
0.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-04-2026, 114 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
114 d early
2024
86 d early
2023
134 d early
2022
32 d early
2021
26 d early
2020
25 d early
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 63 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€117,393▼ 15.9%
2024 · €139,609
Total assets
€237,160▲ 39.2%
2024 · €170,403
Net result
€284▼ 98.3%
2024 · €17,202
Working capital
€43,478▼ 44.3%
2024 · €77,998
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
Line20212022202320242025
Operating result-€1,122€14,625€27,766▲ 89.9%€17,437▼ 37.2%-€11,628
Net result-€5,156€9,317€19,099▲ 105%€17,202▼ 9.9%€284▼ 98.3%
Equity€93,991▼ 5.2%€103,308▲ 9.9%€122,407▲ 18.5%€139,609▲ 14.1%€117,393▼ 15.9%
Total assets€151,347▼ 7.6%€124,754▼ 17.6%€147,291▲ 18.1%€170,403▲ 15.7%€237,160▲ 39.2%
Debt€57,356▼ 11.4%€21,445▼ 62.6%€24,884▲ 16.0%€30,794▲ 23.8%€119,767▲ 289%
Working capital€51,029▼ 24.0%€65,281▲ 27.9%€96,398▲ 47.7%€77,998▼ 19.1%€43,478▼ 44.3%
Staff (FTE)2▼ 33.3%2=2=2=2=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11,628 after €17,437 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €237,160
Fixed assets
€139,199 ▲ 126%
Current assets
€97,961 ▼ 10.0%
Equity and liabilities €237,160
Equity
€117,393 ▼ 15.9%
Debt
€119,767 ▲ 289%
Debt's share of the balance-sheet total rises from 18.1% to 50.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€24,339▼
2024 · €33,665
Cash flow
€36,251▲
2024 · €33,431
Current ratio
1.80▼
2024 · 3.53
Quick ratio
1.70▼
2024 · 3.29
Debt to equity
1.02▲
2024 · 0.22
ROE
0.2%▼
2024 · 12.3%
ROA
0.1%▼
2024 · 10.1%
Interest coverage
5.80▼
2024 · 116.48
Debt ≤ 1 year
€54,484▲
2024 · €30,794
Debt > 1 year
€64,853
Income taxes
€442▼
2024 · €6,775
Staff costs
€126,322▼
2024 · €128,236
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €8,702 | €0 | - | - | - |
| Remuneration, social security and pensions62 | €85,980 | €102,807 | €106,558 | €128,236 | €126,322 | ▼ 1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,748 | €13,350 | €12,018 | €16,229 | €35,966 | ▲ 122% |
| Other operating charges640/8 | €1,869 | €1,924 | €2,319 | €2,787 | €1,342 | ▼ 51.8% |
| Non-recurring operating charges66A | - | €4,264 | €0 | - | - | - |
| Gross operating margin9900 | €99,474 | €136,970 | €148,662 | €164,689 | €152,003 | ▼ 7.7% |
| Operating profit (loss)9901 | -€1,122 | €14,625 | €27,766 | €17,437 | -€11,628 | ▼ 167% |
| Financial income75/76B | - | €16 | €190 | €6,830 | €16,547 | ▲ 142% |
| Recurring financial income75 | - | €16 | €190 | €218 | €18 | ▼ 91.9% |
| Non-recurring financial income76B | - | - | €0 | €6,612 | €16,529 | ▲ 150% |
| Financial charges65/66B | €990 | €830 | €129 | €289 | €4,193 | ▲ 1,351% |
| Recurring financial charges65 | €990 | €830 | €129 | €289 | €4,193 | ▲ 1,351% |
| Profit (loss) for the period before taxes9903 | -€2,112 | €13,811 | €27,827 | €23,977 | €726 | ▼ 97.0% |
| Income taxes67/77 | €3,044 | €4,493 | €8,728 | €6,775 | €442 | ▼ 93.5% |
| Profit (loss) for the period9904 | -€5,156 | €9,317 | €19,099 | €17,202 | €284 | ▼ 98.3% |
| Transfer from tax-exempt reserves789 | €12,139 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €6,983 | €9,317 | €19,099 | €17,202 | €284 | ▼ 98.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €151,347 | €124,754 | €147,291 | €170,403 | €237,160 | ▲ 39.2% |
| Fixed assets21/28 | €48,054 | €38,027 | €26,009 | €61,611 | €139,199 | ▲ 126% |
| Tangible fixed assets22/27 | €47,914 | €37,887 | €25,869 | €61,471 | €139,059 | ▲ 126% |
| Plant, machinery and equipment23 | €1,272 | €911 | €550 | €2,050 | €1,660 | ▼ 19.0% |
| Furniture and vehicles24 | €34,951 | €23,641 | €14,604 | €51,326 | €131,925 | ▲ 157% |
| Other tangible fixed assets26 | €11,692 | €13,336 | €10,715 | €8,095 | €5,474 | ▼ 32.4% |
| Financial fixed assets28 | €140 | €140 | €140 | €140 | €140 | = |
| Current assets29/58 | €103,293 | €86,726 | €121,282 | €108,792 | €97,961 | ▼ 10.0% |
| Stocks and contracts in progress3 | €1,568 | €1,315 | €5,261 | €7,442 | €5,165 | ▼ 30.6% |
| Stocks30/36 | €1,568 | €1,315 | €5,261 | €7,442 | €5,165 | ▼ 30.6% |
| Amounts receivable within one year40/41 | €25,768 | €19,853 | €30,180 | €14,388 | €6,056 | ▼ 57.9% |
| Trade receivables40 | €10,019 | €8,227 | €21,046 | €9,291 | €438 | ▼ 95.3% |
| Other amounts receivable41 | €15,749 | €11,625 | €9,134 | €5,097 | €5,617 | ▲ 10.2% |
| Cash at bank and in hand54/58 | €63,887 | €65,120 | €80,236 | €81,828 | €81,496 | ▼ 0.4% |
| Deferred charges and accrued income490/1 | €12,070 | €439 | €5,605 | €5,134 | €5,245 | ▲ 2.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €151,347 | €124,754 | €147,291 | €170,403 | €237,160 | ▲ 39.2% |
| Equity10/15 | €93,991 | €103,308 | €122,407 | €139,609 | €117,393 | ▼ 15.9% |
| Contributions10/11 | €19,200 | €19,200 | €19,200 | €19,200 | €19,200 | = |
| Reserves13 | €74,791 | €84,108 | €103,207 | €120,409 | €98,193 | ▼ 18.5% |
| Non-distributable reserves130/1 | €8,274 | €8,274 | €0 | - | - | - |
| Reserves not available under the articles1311 | €8,274 | €8,274 | €0 | - | - | - |
| Distributable reserves133 | €66,517 | €75,834 | €103,207 | €120,409 | €98,193 | ▼ 18.5% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €57,356 | €21,445 | €24,884 | €30,794 | €119,767 | ▲ 289% |
| Amounts payable after more than one year17 | €5,093 | - | - | - | €64,853 | - |
| Financial debts170/4 | €5,093 | - | - | - | €64,853 | - |
| Amounts payable within one year42/48 | €52,264 | €21,445 | €24,884 | €30,794 | €54,484 | ▲ 76.9% |
| Current portion of amounts payable after more than one year42 | €8,645 | €5,093 | €0 | €23,794 | €28,530 | ▲ 19.9% |
| Financial debts43 | - | - | €748 | €0 | - | - |
| Credit institutions430/8 | - | - | €748 | €0 | - | - |
| Trade debts44 | €42,921 | €14,123 | €23,542 | €4,924 | €3,958 | ▼ 19.6% |
| Suppliers440/4 | €42,921 | €14,123 | €23,542 | €4,924 | €3,958 | ▼ 19.6% |
| Taxes, remuneration and social security45 | €698 | €2,230 | €594 | €2,076 | €5,237 | ▲ 152% |
| Taxes450/3 | €698 | €1,630 | €594 | €2,076 | €5,237 | ▲ 152% |
| Remuneration and social security454/9 | - | €600 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €16,760 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €430 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,156 | €9,317 | €19,099 | €17,202 | €284 | ▼ 98.3% |
| + Depreciation and write-downs630 | €12,748 | €13,350 | €12,018 | €16,229 | €35,966 | ▲ 122% |
| Operating cash flow (approximation) | €7,592 | €22,668 | €31,117 | €33,431 | €36,251 | ▲ 8.4% |
| Investment in fixed assets (approximation) | - | -€3,323 | €0 | -€51,831 | -€113,555 | ▼ 119% |
| Change in cash | - | €1,233 | €15,116 | €1,593 | -€333 | ▼ 121% |
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
Next filing, fiscal year 2026, expected by
2026
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €19,099 ▲105%
Operating result €27,766, net result €19,099, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €9,317
Net result €9,317 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 4.04
Current ratio from 1.98 to 4.04; short-term debt falls from €52,264 to €21,445.
31-12
Financial
Equity above €100,000Eq €103,308 ▲9.9%
Equity rises from €93,991 to €103,308.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€5,156
Net result drops to -€5,156, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Liquidity triplescurrent ratio 5.80
Current ratio from 2.28 to 5.80; short-term debt falls from €33,493 to €16,865.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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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Directors · office · real estate
Directors
3 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, Pajottegem · 1 establishment unit since 2001
Ground area
327 m²
Building footprint
145 m²
Volume, LiDAR
1,136 m³
Parcel 23032I0328/00K000, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Grotestraat(HN) 8, 1540 Pajottegem
since 20012.097.718.634
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23032I0328/00K000 | Flanders | 327 m² | 1 · 145 m² | 9.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 7,708 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-12-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43410Roofing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473420574
Also
9925:BE0473420574
Registered
11-06-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.