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DECROOS GROEP

Active
Private limited companyfounded 1993active for 32 yearsLeemputstraat 130, 8792 Waregem, BelgiumKBO/BCE: BE 0451.266.764
Summary

DECROOS GROEP has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,861 and a net result of -€1,864. Equity has been shrinking by about 11% per year since 2018. Its solvency ranks better than 60% of 255 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-11-1993 Normal situation
Activity
Manufacture of textiles NACE 13930
Establishment unit
2.064.536.320 8540 Deerlijk, since 06-12-1993
Financial year end
31 December
Peppol
Reachable since 01-03-2026

Board and ownership

Board
  • Decroos KoenDirector · since 29-11-2023
  • DECROOS NikolayDirector · since 29-11-2023

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
-€5,291
▼ 19.8%
Loss
€1,864
▼ 50.7%
Equity
€116,861
▼ 9.7%
Total assets
€226,950
▼ 3.6%
  • 2025 accounts filed 29 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskLast filed accounts filed 29 days late; 1 of the last 3 accounts latelowers riskFounded in 1993Liquidity: current ratio 16.48, cash €25,563Sector: Manufacture of textiles (NACE 13)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 42% of micro companies in textiles (NACE 13)
Financial strength · tick: 2024
Average
Solvency 76-4
equity 51.5% of total assets
Liquidity 64-4
short-term debt 6.0% · cash 11.3%
Profitability 18+1
return on assets -0.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (496 companies, NACE 13, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 16.48 (24.63 in 2024), above the usual 1.5. Short-term debt is 6% and cash 11.3% of total assets. 48.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 13, micro). It does better than 56% of them on solvency, 64% on liquidity, 22% on profitability and 25% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 29 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1993
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 16.48, cash €25,563
NBB · annual accounts
lowers risk · Sector: Manufacture of textiles (NACE 13)
KBO
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
29 days late
2024
5 days early
2023
31 days late
2022
27 days late
2021
21 days late
2020
27 days early
2019
59 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 13), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 6 loss-making years in a rowloss in financial year 2025 -€1,864 View

Recent changes

  1. · Gazette deed Company renamed from KOEN DECROOS to DECROOS GROEPResignations: Decroos Koenraad (director) and DECROOS Nikolay (director) · Appointments: Decroos Koenraad (director) and DECROOS Nikolay (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as DECROOS GROEP: manufacture of textiles (NACE 13930). They are comparable in size and age: total assets between €57,600 and €1.5m, founded between 1980 and 2002.

CompanyTotal assetsGross margin
DECROOS GROEP Waregem€0.2m-€0.005m
ELLAX GOLF Kortrijk€0.2m-€0.03m
BEST ORIENTAL CARPETS Houthalen-Helchteren€1.5m-€0.03m
BARTEX Ronse€0.4m-
BELTAP Oudenaarde€0.4m-
ARDOBEL Anzegem€0.06m€0.01m
BELLINE Deinze€1.0m€0.02m
Full comparison

Key facts about DECROOS GROEP

What is the company number of DECROOS GROEP?
The company number of DECROOS GROEP is 0451.266.764. The VAT number is the same number with BE in front: BE 0451.266.764.
Where is DECROOS GROEP based?
The registered office is at Leemputstraat 130, 8792 Waregem.Company details
What does DECROOS GROEP do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13930).
What is the legal form of DECROOS GROEP?
The legal form of DECROOS GROEP is Private limited company (BV).
When was DECROOS GROEP founded?
DECROOS GROEP was founded on 19-11-1993.
Is DECROOS GROEP still active?
Yes, DECROOS GROEP is an active enterprise in the KBO register.
What is the turnover of DECROOS GROEP?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is DECROOS GROEP profitable?
In financial year 2025, DECROOS GROEP made a loss of €1,864.
Where can I find the annual accounts of DECROOS GROEP?
DECROOS GROEP filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DECROOS GROEP due?
DECROOS GROEP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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