DECROUBELE
ActiveSummary
DECROUBELE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €83k and a net result of €10k. Equity is growing by ~30.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+10
Solvency100▲+8
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 5.45 against 2.64 in 2023; short-term debt: 15.1% and cash: 10.2% of total assets), and 15.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
27 d late
2022
5 d early
2021
30 d late
2020
31 d early
2019
34 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€83k▲ 13.8%
2023 · €73k
2018: €22klowest in 7 years
2019: €22k▲ +0.6% vs 2018
2020: €22k▲ +0.8% vs 2019
2021: €32k▲ +46.5% vs 2020
2022: €70k▲ +119% vs 2021
2023: €73k▲ +3.8% vs 2022
2024: €83k▲ +13.8% vs 2023highest in 7 years
2018 → 2024
Total assets
€98k▼ 9.1%
2023 · €108k
2018: €62klowest in 7 years
2019: €80k▲ +28.1% vs 2018
2020: €63k▼ -20.8% vs 2019
2021: €82k▲ +30.5% vs 2020
2022: €103k▲ +24.3% vs 2021
2023: €108k▲ +5.4% vs 2022highest in 7 years
2024: €98k▼ -9.1% vs 2023
2018 → 2024
Net result
€10k▲ 278%
2023 · €3k
2018: €12k
2019: €17k▲ +43.7% vs 2018
2020: €17k▲ +0.3% vs 2019
2021: €20k▲ +17.4% vs 2020
2022: €38k▲ +89.3% vs 2021highest in 7 years
2023: €3k▼ -93.0% vs 2022lowest in 7 years
2024: €10k▲ +278% vs 2023
2018 → 2024
Working capital
€66k▲ 15.3%
2023 · €57k
2018: €16k
2019: €12k▼ -25.9% vs 2018lowest in 7 years
2020: €12k▲ +0.4% vs 2019
2021: €21k▲ +75.5% vs 2020
2022: €57k▲ +178% vs 2021
2023: €57k▲ +0.1% vs 2022
2024: €66k▲ +15.3% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€22k-€32k▲ 46.5%€70k▲ 119%€73k▲ 3.8%€83k▲ 13.8%
2020: €22klowest in 5 years
2021: €32k▲ +46.5% vs 2020
2022: €70k▲ +119% vs 2021
2023: €73k▲ +3.8% vs 2022
2024: €83k▲ +13.8% vs 2023highest in 5 years
Operating result€25k-€29k▲ 14.9%€55k▲ 91.3%€6k▼ 88.5%€17k▲ 171%
2020: €25k
2021: €29k▲ +14.9% vs 2020
2022: €55k▲ +91.3% vs 2021highest in 5 years
2023: €6k▼ -88.5% vs 2022lowest in 5 years
2024: €17k▲ +171% vs 2023
Net result€17k-€20k▲ 17.4%€38k▲ 89.3%€3k▼ 93.0%€10k▲ 278%
2020: €17k
2021: €20k▲ +17.4% vs 2020
2022: €38k▲ +89.3% vs 2021highest in 5 years
2023: €3k▼ -93.0% vs 2022lowest in 5 years
2024: €10k▲ +278% vs 2023
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 171% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €98k
Fixed assets
€17k ▲ 9.4%
Current assets
€81k ▼ 12.3%
Equity and liabilities €98k
Equity
€83k ▲ 13.8%
Debt
€15k ▼ 56.5%
Debt's share of the balance-sheet total falls from 32.5% to 15.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▲
2023 · €13k
Cash flow
€18k▲
2023 · €10k
Current ratio
5.45▲
2023 · 2.64
Debt to equity
0.18▼
2023 · 0.48
ROE
12.1%▲
2023 · 3.7%
ROA
10.2%▲
2023 · 2.5%
Interest coverage
21.89▼
2023 · 23.01
Debt ≤ 1 year
€15k▼
2023 · €35k
Income taxes
€6k▲
2023 · €3k
Staff costs
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€108k€98k▼
Fixed assets21/28€16k€17k▲
Tangible fixed assets22/27€16k€17k▲
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€14k€14k▼
Current assets29/58€92k€81k▼
Amounts receivable within one year40/41€83k€68k▼
Trade receivables40€47k€53k▲
Other amounts receivable41€37k€15k▼
Cash at bank and in hand54/58€8k€10k▲
Deferred charges and accrued income490/1€849€2k▲
Equity and liabilities
Total equity and liabilities10/49€108k€98k▼
Equity10/15€73k€83k▲
Contributions10/11€2k€2k=
Reserves13€71k€81k▲
Non-distributable reserves130/1€17k€17k=
Reserves not available under the articles1311€17k€17k=
Distributable reserves133€54k€64k▲
Profit (loss) carried forward14€45€50▲
Amounts payable17/49€35k€15k▼
Amounts payable within one year42/48€35k€15k▼
Trade debts44€28k€10k▼
Suppliers440/4€28k€10k▼
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€6k€5k▼
Other amounts payable47/48€619€340▼
Accrued charges and deferred income492/3€300€486▲
Income statement
Code20232024
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k€0▼
Other operating charges640/8€2k€866▼
Gross operating margin9900€24k€26k▲
Operating profit (loss)9901€6k€17k▲
Financial income75/76B€29€371▲
Recurring financial income75€29€371▲
Financial charges65/66B€574€1k▲
Recurring financial charges65€574€1k▲
Profit (loss) for the period before taxes9903€6k€16k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€3k€10k▲
Profit (loss) for the period to be appropriated9905€3k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€10k▲
Profit (loss) brought forward from the previous period14P€42€45▲
Transfer to equity691/2€3k€10k▲
To other reserves6921€3k€10k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €0 | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €6k | €6k | €7k | €8k | ▲ 10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €1k | €9k | €0 | ▼ 100% |
| Other operating charges640/8 | - | €1k | €1k | €2k | €866 | ▼ 50.9% |
| Gross operating margin9900 | €33k | €35k | €64k | €24k | €26k | ▲ 5.8% |
| Operating profit (loss)9901 | €25k | €29k | €55k | €6k | €17k | ▲ 171% |
| Financial income75/76B | - | €75 | €51 | €29 | €371 | ▲ 1,183% |
| Recurring financial income75 | €30 | €75 | €51 | €29 | €371 | ▲ 1,183% |
| Financial charges65/66B | - | €706 | €522 | €574 | €1k | ▲ 96.4% |
| Recurring financial charges65 | €2k | €706 | €522 | €574 | €1k | ▲ 96.4% |
| Profit (loss) for the period before taxes9903 | €23k | €28k | €54k | €6k | €16k | ▲ 183% |
| Income taxes67/77 | €6k | €8k | €16k | €3k | €6k | ▲ 101% |
| Profit (loss) for the period9904 | €17k | €20k | €38k | €3k | €10k | ▲ 278% |
| Profit (loss) for the period to be appropriated9905 | €17k | €20k | €38k | €3k | €10k | ▲ 278% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63k | €82k | €103k | €108k | €98k | ▼ 9.1% |
| Fixed assets21/28 | €10k | €12k | €13k | €16k | €17k | ▲ 9.4% |
| Tangible fixed assets22/27 | €10k | €12k | €13k | €16k | €17k | ▲ 9.4% |
| Plant, machinery and equipment23 | - | €6k | €4k | €2k | €4k | ▲ 79.6% |
| Furniture and vehicles24 | - | €6k | €9k | €14k | €14k | ▼ 1.2% |
| Current assets29/58 | €53k | €71k | €89k | €92k | €81k | ▼ 12.3% |
| Stocks and contracts in progress3 | €4k | €4k | €0 | - | - | - |
| Stocks30/36 | - | €4k | €0 | - | - | - |
| Amounts receivable within one year40/41 | €40k | €50k | €77k | €83k | €68k | ▼ 18.0% |
| Trade receivables40 | - | €27k | €61k | €47k | €53k | ▲ 14.3% |
| Other amounts receivable41 | - | €23k | €16k | €37k | €15k | ▼ 58.8% |
| Cash at bank and in hand54/58 | €6k | €15k | €12k | €8k | €10k | ▲ 28.9% |
| Deferred charges and accrued income490/1 | - | €2k | €401 | €849 | €2k | ▲ 176% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63k | €82k | €103k | €108k | €98k | ▼ 9.1% |
| Equity10/15 | €22k | €32k | €70k | €73k | €83k | ▲ 13.8% |
| Contributions10/11 | - | €2k | €2k | €2k | €2k | = |
| Reserves13 | €19k | €30k | €68k | €71k | €81k | ▲ 14.2% |
| Non-distributable reserves130/1 | - | €17k | €17k | €17k | €17k | = |
| Reserves not available under the articles1311 | - | €17k | €17k | €17k | €17k | = |
| Distributable reserves133 | - | €13k | €52k | €54k | €64k | ▲ 18.5% |
| Profit (loss) carried forward14 | €828 | €41 | €42 | €45 | €50 | ▲ 11.7% |
| Amounts payable17/49 | €41k | €50k | €32k | €35k | €15k | ▼ 56.5% |
| Amounts payable within one year42/48 | €41k | €50k | €32k | €35k | €15k | ▼ 57.5% |
| Trade debts44 | €15k | €18k | €1k | €28k | €10k | ▼ 64.8% |
| Suppliers440/4 | - | €18k | €1k | €28k | €10k | ▼ 64.8% |
| Taxes, remuneration and social security45 | - | €13k | €27k | €6k | €5k | ▼ 27.1% |
| Taxes450/3 | - | €13k | €27k | €6k | €5k | ▼ 27.1% |
| Other amounts payable47/48 | - | €19k | €4k | €619 | €340 | ▼ 45.1% |
| Accrued charges and deferred income492/3 | - | - | - | €300 | €486 | ▲ 62.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €20k | €38k | €3k | €10k | ▲ 278% |
| + Depreciation and write-downs630 | €5k | €6k | €6k | €7k | €8k | ▲ 10.9% |
| Operating cash flow (approximation) | €22k | €26k | €44k | €10k | €18k | ▲ 84.8% |
| Investment in fixed assets (approximation) | - | €-7k | €-8k | €-10k | €-9k | ▲ 6.4% |
| Change in cash | - | €10k | €-3k | €-4k | €2k | ▲ 153% |
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
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 5.45
Current ratio from 2.64 to 5.45; short-term debt falls from €35k to €15k.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet €3k ▼93%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €38k ▲89.3%
Operating result €55k, net result €38k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
15-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Deerlijk · 1 establishment unit since 2012
Ground area
750 m²
Building footprint
313 m²
Volume, LiDAR
1,227 m³
2 parcels, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DECROUBELE
since 20122.214.366.082
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34014B1467/00F000 | Flanders | 511 m² | 1 · 196 m² | 7.5 m · 1 fl. |
| 34392E0810/00H002 | Flanders | 239 m² | 1 · 117 m² | 8.5 m · 2 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.
Similar companies · same sector, comparable size
BAVICO
BE 0841.807.372
Ranst · Eq €82,886
Sani Versa
BE 0677.777.206
Lichtervelde · Eq €82,834
LEMIRE STEVEN
BE 0479.093.787
Tournai · Eq €83,117
VANDER HOEVEN
BE 0432.578.527
Dendermonde · Eq €82,691
SANIRENS
BE 0724.842.792
Kortemark · Eq €82,652
Of 7,044 companies in sector 43221 we hold annual accounts for 3,472. 3,067 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
Founded29-10-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
46180Agents specialised in the wholesale of other particular products
Contact
Phone
0468 10 13 66
Scores and ratios are computed by Checked and are not a credit decision.