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DEKO

Open bankruptcy
Private limited company (pre-2019)founded 2007Assesteenweg 65, 1740 Ternat, BelgiumKBO/BCE: BE 0893.401.177

A bankruptcy procedure is open for DEKO according to publications in the Belgian State Gazette; curator: WIM HEETHEM.

Summary

The 2017 annual accounts show equity of €130,259 and a net result of €21,101.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Brussels
Declared bankrupt
3 March 2020
Supervising judge
Rene Blockx
Official Gazette
09-03-2020 (pdf) ↗search the document for 2020/110624

Deadlines

Provisional date payments stopped
3 March 2020A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 24 March 2020Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 2 April 2020art. XX.104 and XX.155 CEL
First verification report
passed on 8 April 2020Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 3 March 2021Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Wim HeethemWaterloosesteenweg 412/F, 1050 Brussel 5wheethem@praxislaw.eu

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 12 November 2007, DEKO was incorporated.1 Total assets went from EUR 100,715 in 2013 to EUR 203,890 in 2017.2 The company was declared bankrupt on 3 March 2020.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2013 and 2017
  3. 3Belgian State Gazette, 09-03-2020

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2017, micro schema

Equity
€130,259▲ 19.3%
2016 · €109,159
Total assets
€203,890▲ 24.3%
2016 · €164,042
Net result
€21,101▼ 48.8%
2016 · €41,244
Working capital
€127,651▲ 17.6%
2016 · €108,508
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20132014201520162017
Operating result€8,212-€37,544▲ 357%€52,496▲ 39.8%€58,919▲ 12.2%€27,343▼ 53.6%
Net result€3,201-€20,706▲ 547%€41,228▲ 99.1%€41,244=€21,101▼ 48.8%
Equity€5,981-€26,687▲ 346%€67,914▲ 154%€109,159▲ 60.7%€130,259▲ 19.3%
Total assets€100,715-€95,427▼ 5.2%€130,314▲ 36.6%€164,042▲ 25.9%€203,890▲ 24.3%
Debt€94,733-€68,741▼ 27.4%€62,400▼ 9.2%€54,883▼ 12.0%€73,630▲ 34.2%
Working capital€9,894-€37,951▲ 284%€72,920▲ 92.1%€108,508▲ 48.8%€127,651▲ 17.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2013: €8,212€8,212Net result 2013: €3,201€3,201Operating result 2014: €37,544€37,544Net result 2014: €20,706€20,706Operating result 2015: €52,496€52,496Net result 2015: €41,228€41,228Operating result 2016: €58,919€58,919Net result 2016: €41,244€41,244Operating result 2017: €27,343€27,343Net result 2017: €21,101€21,10120132014201520162017€0€20,000€40,000€60,000Operating result 2015: €52,496€52,500Net result 2015: €41,228€41,200Operating result 2016: €58,919€58,900Net result 2016: €41,244€41,200Operating result 2017: €27,343€27,300Net result 2017: €21,101€21,100201520162017
The operating result falls in 2017; 2017 is 54% below 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €203,890
Fixed assets €2,608 ▲ 22.2%
Current assets €201,281 ▲ 24.3%
Equity and liabilities €203,890
Equity €130,259 ▲ 19.3%
Debt €73,630 ▲ 34.2%
Debt's share of the balance-sheet total rises from 33.5% to 36.1%. Equity and debt are higher.
Key figures and ratios
2017 value · change against 2016
EBITDA
€28,619▼
2016 · €59,612
Cash flow
€22,377▼
2016 · €41,938
Current ratio
2.73▼
2016 · 3.03
ROE
16.2%▼
2016 · 37.8%
ROA
10.3%▼
2016 · 25.1%
Debt ≤ 1 year
€73,630▲
2016 · €53,399
Income taxes
€12,494▼
2016 · €23,419
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2017 against 2016 · 24 lines
Balance sheet Code20162017
Assets
Total assets20/58€164,042€203,890▲
Fixed assets21/28€2,135€2,608▲
Tangible fixed assets22/27€2,135€2,608▲
Current assets29/58€161,907€201,281▲
Amounts receivable within one year40/41€160,010€197,015▲
Cash at bank and in hand54/58€151€3,064▲
Equity and liabilities
Total equity and liabilities10/49€164,042€203,890▲
Equity10/15€109,159€130,259▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Profit (loss) carried forward14€88,699€109,799▲
Amounts payable17/49€54,883€73,630▲
Amounts payable after more than one year17€1,484-
Amounts payable within one year42/48€53,399€73,630▲
Trade debts44€6,346€23,323▲
Income statement Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€693€1,277▲
Gross operating margin9900€60,647€29,638▼
Operating profit (loss)9901€58,919€27,343▼
Recurring financial income75€9,243€12,119▲
Recurring financial charges65€3,499€5,866▲
Profit (loss) for the period before taxes9903€64,663€33,595▼
Income taxes67/77€23,419€12,494▼
Profit (loss) for the period9904€41,244€21,101▼
Profit (loss) for the period to be appropriated9905€41,244€21,101▼
Line20132014201520162017Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€413€512€932€693€1,277▲ 84.1%
Gross operating margin9900€9,226€52,784€68,164€60,647€29,638▼ 51.1%
Operating profit (loss)9901€8,212€37,544€52,496€58,919€27,343▼ 53.6%
Recurring financial income75€2,939€3,425€4,473€9,243€12,119▲ 31.1%
Recurring financial charges65€6,149€7,688€3,976€3,499€5,866▲ 67.7%
Profit (loss) for the period before taxes9903€3,201€33,281€62,112€64,663€33,595▼ 48.0%
Income taxes67/77-€12,575€20,884€23,419€12,494▼ 46.6%
Profit (loss) for the period9904€3,201€20,706€41,228€41,244€21,101▼ 48.8%
Profit (loss) for the period to be appropriated9905€3,201€20,706€41,228€41,244€21,101▼ 48.8%
Line20132014201520162017Change
Assets
Total assets20/58€100,715€95,427€130,314€164,042€203,890▲ 24.3%
Fixed assets21/28€672€907€2,075€2,135€2,608▲ 22.2%
Tangible fixed assets22/27€672€907€2,075€2,135€2,608▲ 22.2%
Current assets29/58€100,043€94,520€128,240€161,907€201,281▲ 24.3%
Amounts receivable within one year40/41€97,952€92,816€119,411€160,010€197,015▲ 23.1%
Cash at bank and in hand54/58€1,203€277€7,609€151€3,064▲ 1,924%
Equity and liabilities
Total equity and liabilities10/49€100,715€95,427€130,314€164,042€203,890▲ 24.3%
Equity10/15€5,981€26,687€67,914€109,159€130,259▲ 19.3%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€14,479€6,227€47,454€88,699€109,799▲ 23.8%
Amounts payable17/49€94,733€68,741€62,400€54,883€73,630▲ 34.2%
Amounts payable after more than one year17€4,550€12,172€7,081€1,484--
Amounts payable within one year42/48€90,148€56,569€55,319€53,399€73,630▲ 37.9%
Trade debts44€26,063€28,968€11,406€6,346€23,323▲ 268%
Line20132014201520162017Change
Profit (loss) for the period9904€3,201€20,706€41,228€41,244€21,101▼ 48.8%
+ Depreciation and write-downs630€413€512€932€693€1,277▲ 84.1%
Operating cash flow (approximation)€3,614€21,218€42,160€41,938€22,377▼ 46.6%
Investment in fixed assets (approximation)--€748-€2,100-€754-€1,750▼ 132%
Change in cash--€925€7,332-€7,458€2,913▲ 139%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2020
09-03
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 03-03-2020
2019
07-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 219 days late
2017
13-10
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 74 days late
2016
31-12
Financial Highest result since 2013net €41,244 ▲0%
Operating result €58,919, net result €41,244, both a record.
31-12
Financial Equity above €100,000Eq €109,159 ▲60.7%
4 profitable years in a row build equity to €109,159.
02-11
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 94 days late
2015
08-10
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 69 days late
2014
22-10
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 83 days late
21-02
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 205 days late
2012
09-11
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 101 days late
2011
06-07
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
15-07
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
23-07
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Ternat · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
4,916 m²
Building footprint
451 m²
Volume, LiDAR
3,312 m³
Parcel 23086B0225/00N000, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
31 companies at this address See who is registered here
1 establishment unit
Deko
Assesteenweg 65, 1740 TernatRaising of dairy cattle
since 20072.166.551.022
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23086B0225/00N000 Flanders 4,916 m² 1 · 451 m² 10.5 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator WIM HEETHEM
WATERLOOSESTEENWEG 412/F, 1050 BRUSSEL 5
03-03-2020 → present

Similar companies · same sector, comparable size

Of 2,325 companies in sector 42110 we hold annual accounts for 1,096. 758 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 (pre-2019)
Founded12-11-2007
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
Contact
Phone 0473/17 82 10Ternat
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.