DECRIBO
ActiveSummary
The computed 12-month bankruptcy probability of DECRIBO is 4.7% (elevated). The 2024 annual accounts show equity of €203,114 and a net result of €23,023. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 66% of 18932 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability52▲+49
Solvency73▲+19
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.51 against 1.17 in 2023; short-term debt: 40.5% and cash: 5% of total assets), but 52.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
51 d late
2022
60 d late
2021
75 d late
2020
4 d early
2019
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€203,114▲ 12.8%
2023 · €180,091
Total assets
€426,316▼ 32.4%
2023 · €631,010
Net result
€23,023
2023 · -€121,713
Working capital
€88,183▲ 40.5%
2023 · €62,761
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
Line20202021202220232024
Operating result€106,732▲ 283%€182,214▲ 70.7%€47,035▼ 74.2%€11,547▼ 75.4%€54,761▲ 374%
Net result€88,670▲ 309%€149,038▲ 68.1%€32,394▼ 78.3%-€121,713€23,023
Equity€120,372▲ 280%€269,411▲ 124%€301,805▲ 12.0%€180,091▼ 40.3%€203,114▲ 12.8%
Total assets€273,129▲ 72.5%€415,855▲ 52.3%€704,467▲ 69.4%€631,010▼ 10.4%€426,316▼ 32.4%
Debt€152,757▲ 20.7%€146,444▼ 4.1%€402,663▲ 175%€450,919▲ 12.0%€223,202▼ 50.5%
Working capital€6,463€145,299▲ 2,148%€257,933▲ 77.5%€62,761▼ 75.7%€88,183▲ 40.5%
Staff (FTE)3.4▲ 127%4.9▲ 44.1%6.8▲ 38.8%6.2▼ 8.8%4.5▼ 27.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 374% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €426,316
Fixed assets
€165,295 ▼ 14.6%
Current assets
€261,021 ▼ 40.3%
Equity and liabilities €426,316
Equity
€203,114 ▲ 12.8%
Debt
€223,202 ▼ 50.5%
Debt's share of the balance-sheet total falls from 71.5% to 52.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89,785▲
2023 · €43,417
Cash flow
€58,047▲
2023 · -€89,844
Current ratio
1.51▲
2023 · 1.17
Quick ratio
1.42▲
2023 · 1.13
Debt to equity
1.10▼
2023 · 2.50
ROE
11.3%▲
2023 · -67.6%
ROA
5.4%▲
2023 · -19.3%
Interest coverage
3.13▲
2023 · 0.33
Debt ≤ 1 year
€172,838▼
2023 · €374,615
Debt > 1 year
€38,913▼
2023 · €60,603
Income taxes
€10,753▲
2023 · €2,565
Staff costs
€179,403▼
2023 · €218,009
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €110,214 | €225,129 | €218,009 | €179,403 | ▼ 17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,638 | €18,416 | €22,396 | €31,870 | €35,024 | ▲ 9.9% |
| Other operating charges640/8 | - | €2,608 | €19,472 | €78,609 | €7,770 | ▼ 90.1% |
| Non-recurring operating charges66A | - | - | - | - | €1,338 | - |
| Gross operating margin9900 | €206,198 | €313,452 | €314,032 | €340,034 | €278,297 | ▼ 18.2% |
| Operating profit (loss)9901 | €106,732 | €182,214 | €47,035 | €11,547 | €54,761 | ▲ 374% |
| Financial income75/76B | - | €3,564 | €699 | €1,498 | €7,691 | ▲ 413% |
| Recurring financial income75 | €2,132 | €3,564 | €699 | €1,498 | €7,691 | ▲ 413% |
| Financial charges65/66B | - | €4,532 | €3,726 | €132,194 | €28,675 | ▼ 78.3% |
| Recurring financial charges65 | €2,650 | €4,532 | €3,726 | €132,194 | €28,675 | ▼ 78.3% |
| Profit (loss) for the period before taxes9903 | €106,214 | €181,246 | €44,008 | -€119,149 | €33,776 | ▲ 128% |
| Income taxes67/77 | €17,544 | €32,208 | €11,614 | €2,565 | €10,753 | ▲ 319% |
| Profit (loss) for the period9904 | €88,670 | €149,038 | €32,394 | -€121,713 | €23,023 | ▲ 119% |
| Profit (loss) for the period to be appropriated9905 | €88,670 | €149,038 | €32,394 | -€121,713 | €23,023 | ▲ 119% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €273,129 | €415,855 | €704,467 | €631,010 | €426,316 | ▼ 32.4% |
| Fixed assets21/28 | €113,909 | €143,580 | €150,789 | €193,634 | €165,295 | ▼ 14.6% |
| Intangible fixed assets21 | €59,500 | €52,500 | €45,500 | €38,500 | €31,500 | ▼ 18.2% |
| Tangible fixed assets22/27 | €47,293 | €79,164 | €93,373 | €143,218 | €121,879 | ▼ 14.9% |
| Plant, machinery and equipment23 | - | €21,794 | €41,018 | €33,471 | €26,081 | ▼ 22.1% |
| Furniture and vehicles24 | - | €2,608 | €1,521 | €46,560 | €35,401 | ▼ 24.0% |
| Other tangible fixed assets26 | - | €54,762 | €50,834 | €63,187 | €60,396 | ▼ 4.4% |
| Financial fixed assets28 | €7,116 | €11,916 | €11,916 | €11,916 | €11,916 | = |
| Current assets29/58 | €159,221 | €272,275 | €553,679 | €437,376 | €261,021 | ▼ 40.3% |
| Stocks and contracts in progress3 | €10,561 | €10,561 | €10,561 | €15,811 | €15,712 | ▼ 0.6% |
| Stocks30/36 | - | €10,561 | €10,561 | €15,811 | €15,712 | ▼ 0.6% |
| Amounts receivable within one year40/41 | €121,134 | €173,150 | €425,040 | €408,404 | €202,715 | ▼ 50.4% |
| Trade receivables40 | - | €11,817 | €208,755 | €273,001 | €75,396 | ▼ 72.4% |
| Other amounts receivable41 | - | €161,333 | €216,284 | €135,403 | €127,319 | ▼ 6.0% |
| Cash at bank and in hand54/58 | €26,502 | €85,923 | €118,078 | €11,667 | €21,412 | ▲ 83.5% |
| Deferred charges and accrued income490/1 | - | €2,641 | - | €1,495 | €21,182 | ▲ 1,317% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €273,129 | €415,855 | €704,467 | €631,010 | €426,316 | ▼ 32.4% |
| Equity10/15 | €120,372 | €269,411 | €301,805 | €180,091 | €203,114 | ▲ 12.8% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €110,372 | €259,411 | €291,805 | €170,091 | €193,114 | ▲ 13.5% |
| Distributable reserves133 | - | €259,411 | €291,805 | €170,091 | €193,114 | ▲ 13.5% |
| Amounts payable17/49 | €152,757 | €146,444 | €402,663 | €450,919 | €223,202 | ▼ 50.5% |
| Amounts payable after more than one year17 | - | €6,368 | €53,488 | €60,603 | €38,913 | ▼ 35.8% |
| Financial debts170/4 | - | €6,368 | €53,488 | €60,603 | €38,913 | ▼ 35.8% |
| Amounts payable within one year42/48 | €152,757 | €126,976 | €295,745 | €374,615 | €172,838 | ▼ 53.9% |
| Current portion of amounts payable after more than one year42 | - | €2,780 | €2,879 | €72,642 | €30,081 | ▼ 58.6% |
| Trade debts44 | €55,659 | €72,086 | €69,319 | €125,632 | €60,758 | ▼ 51.6% |
| Suppliers440/4 | - | €72,086 | €69,319 | €125,632 | €60,758 | ▼ 51.6% |
| Taxes, remuneration and social security45 | - | €52,110 | €219,547 | €172,342 | €76,215 | ▼ 55.8% |
| Taxes450/3 | - | €46,068 | €149,923 | €108,394 | €58,431 | ▼ 46.1% |
| Remuneration and social security454/9 | - | €6,042 | €69,624 | €63,948 | €17,784 | ▼ 72.2% |
| Other amounts payable47/48 | - | - | €4,000 | €4,000 | €5,784 | ▲ 44.6% |
| Accrued charges and deferred income492/3 | - | €13,100 | €53,429 | €15,700 | €11,450 | ▼ 27.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €88,670 | €149,038 | €32,394 | -€121,713 | €23,023 | ▲ 119% |
| + Depreciation and write-downs630 | €18,638 | €18,416 | €22,396 | €31,870 | €35,024 | ▲ 9.9% |
| Operating cash flow (approximation) | €107,308 | €167,454 | €54,790 | -€89,844 | €58,047 | ▲ 165% |
| Investment in fixed assets (approximation) | - | -€48,087 | -€29,605 | -€74,715 | -€6,685 | ▲ 91.1% |
| Change in cash | - | €59,421 | €32,155 | -€106,412 | €9,745 | ▲ 109% |
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Back to profitnet €23,023
Net result €23,023 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €203,114 ▲12.8%
Equity rises from €180,091 to €203,114.
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
31-12
Financial
Weakest financial yearnet -€121,713
Net result drops to -€121,713, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Highest result since 2019net €149,038 ▲68.1%
Operating result €182,214, net result €149,038, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.14
Current ratio from 1.04 to 2.14; short-term debt falls from €152,757 to €126,976.
31-12
Financial
Equity above €200,000Eq €269,411 ▲124%
3 profitable years in a row build equity to €269,411.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100,000Eq €120,372 ▲280%
2 profitable years in a row build equity to €120,372.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Oudenaarde · 2 establishment units since 2019
Ground area
241 m²
Building footprint
220 m²
Volume, LiDAR
2,237 m³
2 parcels, Flanders · tallest building 17.6 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Brasserie De Cridts
since 20192.291.028.449
Huisje van Toen
since 20262.392.474.316
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45035B0063/00B000 | Flanders | 166 m² | 1 · 163 m² | 17.6 m · 4 fl. |
| 45035B0698/00C000 | Flanders | 75 m² | 1 · 57 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteOudenaarde2.291.028.449
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Of 20,501 companies in sector 56111 we hold annual accounts for 11,453. 8,524 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
Founded04-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
43211General electrical installation work
43910Bricklaying and masonry work
Scores and ratios are computed by Checked and are not a credit decision.