Decsteel
ActiveThe computed 12-month bankruptcy probability of Decsteel is 2.0% (moderate). The 2025 annual accounts show equity of €76k and a net result of €44k. Its solvency ranks better than 61% of 7321 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency97▼-1
Growth78
Stability82
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity ample (current ratio 2.54 against 2.41 in 2024), and 46.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
53.7%
Return on assets
30.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
13 d late
2024
20 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▲ 136%
2024 · €32k
2024: €32k
2024 → 2025
Total assets
€142k▲ 159%
2024 · €55k
2024: €55k
2024 → 2025
Net result
€44k▲ 54.8%
2024 · €28k
2024: €28k
2024 → 2025
Working capital
€52k▲ 70.8%
2024 · €30k
2024: €30k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€32k-€76k▲ 136%
Operating result€36k-€56k▲ 57.5%
Net result€28k-€44k▲ 54.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 57% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142k
Fixed assets
€56k▲ 1,923%
Current assets
€85k▲ 64.5%
Equity and liabilities €142k
Equity
€76k▲ 136%
Debt
€66k▲ 192%
The debt ratio rises from 41.0% to 46.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€63k▲
2024 · €36k
Cash flow
€51k▲
2024 · €29k
Solvency
53.7%▼
2024 · 59.0%
Current ratio
2.54▲
2024 · 2.41
Quick ratio
2.54▲
2024 · 2.41
Debt / equity
0.86▲
2024 · 0.70
ROE
57.6%▼
2024 · 87.6%
ROA
30.9%▼
2024 · 51.7%
Interest coverage
47.26▼
2024 · 246.27
Debt
€66k▲
2024 · €22k
Debt ≤ 1 year
€34k▲
2024 · €22k
Debt > 1 year
€32k
Income taxes
€11k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€55k€142k▲
Fixed assets21/28€3k€56k▲
Tangible fixed assets22/27€3k€56k▲
Plant, machinery and equipment23€3k€10k▲
Furniture and vehicles24-€46k
Current assets29/58€52k€85k▲
Amounts receivable within one year40/41€28k€9k▼
Trade receivables40€28k€9k▼
Other amounts receivable41€186€186=
Cash at bank and in hand54/58€11k€66k▲
Deferred charges and accrued income490/1€13k€10k▼
Equity and liabilities
Total equity and liabilities10/49€55k€142k▲
Equity10/15€32k€76k▲
Contributions10/11€4k€4k=
Reserves13€28k€72k▲
Distributable reserves133€28k€72k▲
Amounts payable17/49€22k€66k▲
Amounts payable after more than one year17-€32k
Financial debts170/4-€32k
Amounts payable within one year42/48€22k€34k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€117€5k▲
Suppliers440/4€117€5k▲
Taxes, remuneration and social security45€20k€15k▼
Taxes450/3€18k€13k▼
Remuneration and social security454/9€1k€2k▲
Other amounts payable47/48€2k€5k▲
Accrued charges and deferred income492/3€850€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€521€7k▲
Other operating charges640/8€157€463▲
Gross operating margin9900€36k€63k▲
Operating profit (loss)9901€36k€56k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€147€1k▲
Recurring financial charges65€147€1k▲
Profit (loss) for the period before taxes9903€36k€55k▲
Income taxes67/77€7k€11k▲
Profit (loss) for the period9904€28k€44k▲
Profit (loss) for the period to be appropriated9905€28k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€44k▲
Transfer to equity691/2€28k€44k▲
To other reserves6921€28k€44k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Harelbeke · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Platanenlaan 48530 HarelbekeGround area
462 m²
Building footprint
85 m²
Volume, LiDAR
687 m³
Parcel 34322B0439/00R004, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Decsteel
since 20242.355.836.822
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322B0439/00R004 | Flanders | 462 m² | 1 · 85 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
J MARTINS
BE 0825.255.016
Zaventem · Eq €76k
DARKO CONSTRUCT
BE 0880.867.292
Jette · Eq €76k
BOUWWERKEN DECONINCK
BE 1022.187.582
Ieper · Eq €76k
TDA CONSTRUCT
BE 0779.730.738
Grimbergen · Eq €76k
EXPERT FINITION
BE 1017.672.332
Bornem · Eq €76k
Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 13,076 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-02-2024
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
71121Engineering and related technical consultancy, excluding land surveyors
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.