DEKO
Open bankruptcyA 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 €130k and a net result of €21k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2017, micro schema
Equity
€130k▲ 19.3%
2016 · €109k
2013: €6klowest in 5 years
2014: €27k▲ +346% vs 2013
2015: €68k▲ +154% vs 2014
2016: €109k▲ +60.7% vs 2015
2017: €130k▲ +19.3% vs 2016highest in 5 years
2013 → 2017
Total assets
€204k▲ 24.3%
2016 · €164k
2013: €101k
2014: €95k▼ -5.2% vs 2013lowest in 5 years
2015: €130k▲ +36.6% vs 2014
2016: €164k▲ +25.9% vs 2015
2017: €204k▲ +24.3% vs 2016highest in 5 years
2013 → 2017
Net result
€21k▼ 48.8%
2016 · €41k
2013: €3klowest in 5 years
2014: €21k▲ +547% vs 2013
2015: €41k▲ +99.1% vs 2014
2016: €41k● +0.0% vs 2015highest in 5 years
2017: €21k▼ -48.8% vs 2016
2013 → 2017
Working capital
€128k▲ 17.6%
2016 · €109k
2013: €10klowest in 5 years
2014: €38k▲ +284% vs 2013
2015: €73k▲ +92.1% vs 2014
2016: €109k▲ +48.8% vs 2015
2017: €128k▲ +17.6% vs 2016highest in 5 years
2013 → 2017
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Equity€6k-€27k▲ 346%€68k▲ 154%€109k▲ 60.7%€130k▲ 19.3%
2013: €6klowest in 5 years
2014: €27k▲ +346% vs 2013
2015: €68k▲ +154% vs 2014
2016: €109k▲ +60.7% vs 2015
2017: €130k▲ +19.3% vs 2016highest in 5 years
Operating result€8k-€38k▲ 357%€52k▲ 39.8%€59k▲ 12.2%€27k▼ 53.6%
2013: €8klowest in 5 years
2014: €38k▲ +357% vs 2013
2015: €52k▲ +39.8% vs 2014
2016: €59k▲ +12.2% vs 2015highest in 5 years
2017: €27k▼ -53.6% vs 2016
Net result€3k-€21k▲ 547%€41k▲ 99.1%€41k=€21k▼ 48.8%
2013: €3klowest in 5 years
2014: €21k▲ +547% vs 2013
2015: €41k▲ +99.1% vs 2014
2016: €41k● +0.0% vs 2015highest in 5 years
2017: €21k▼ -48.8% vs 2016
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2017; 2017 is 54% below 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €204k
Fixed assets
€3k ▲ 22.2%
Current assets
€201k ▲ 24.3%
Equity and liabilities €204k
Equity
€130k ▲ 19.3%
Debt
€74k ▲ 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
EBITDA
€29k▼
2016 · €60k
Cash flow
€22k▼
2016 · €42k
Current ratio
2.73▼
2016 · 3.03
ROE
16.2%▼
2016 · 37.8%
ROA
10.3%▼
2016 · 25.1%
Debt ≤ 1 year
€74k▲
2016 · €53k
Income taxes
€12k▼
2016 · €23k
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 · 2017 against 2016 · 24 lines
Balance sheet
Code20162017
Assets
Total assets20/58€164k€204k▲
Fixed assets21/28€2k€3k▲
Tangible fixed assets22/27€2k€3k▲
Current assets29/58€162k€201k▲
Amounts receivable within one year40/41€160k€197k▲
Cash at bank and in hand54/58€151€3k▲
Equity and liabilities
Total equity and liabilities10/49€164k€204k▲
Equity10/15€109k€130k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€89k€110k▲
Amounts payable17/49€55k€74k▲
Amounts payable after more than one year17€1k-
Amounts payable within one year42/48€53k€74k▲
Trade debts44€6k€23k▲
Income statement
Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€693€1k▲
Gross operating margin9900€61k€30k▼
Operating profit (loss)9901€59k€27k▼
Recurring financial income75€9k€12k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€65k€34k▼
Income taxes67/77€23k€12k▼
Profit (loss) for the period9904€41k€21k▼
Profit (loss) for the period to be appropriated9905€41k€21k▼
Accounts by statement
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €413 | €512 | €932 | €693 | €1k | ▲ 84.1% |
| Gross operating margin9900 | €9k | €53k | €68k | €61k | €30k | ▼ 51.1% |
| Operating profit (loss)9901 | €8k | €38k | €52k | €59k | €27k | ▼ 53.6% |
| Recurring financial income75 | €3k | €3k | €4k | €9k | €12k | ▲ 31.1% |
| Recurring financial charges65 | €6k | €8k | €4k | €3k | €6k | ▲ 67.7% |
| Profit (loss) for the period before taxes9903 | €3k | €33k | €62k | €65k | €34k | ▼ 48.0% |
| Income taxes67/77 | - | €13k | €21k | €23k | €12k | ▼ 46.6% |
| Profit (loss) for the period9904 | €3k | €21k | €41k | €41k | €21k | ▼ 48.8% |
| Profit (loss) for the period to be appropriated9905 | €3k | €21k | €41k | €41k | €21k | ▼ 48.8% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €101k | €95k | €130k | €164k | €204k | ▲ 24.3% |
| Fixed assets21/28 | €672 | €907 | €2k | €2k | €3k | ▲ 22.2% |
| Tangible fixed assets22/27 | €672 | €907 | €2k | €2k | €3k | ▲ 22.2% |
| Current assets29/58 | €100k | €95k | €128k | €162k | €201k | ▲ 24.3% |
| Amounts receivable within one year40/41 | €98k | €93k | €119k | €160k | €197k | ▲ 23.1% |
| Cash at bank and in hand54/58 | €1k | €277 | €8k | €151 | €3k | ▲ 1,924% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €101k | €95k | €130k | €164k | €204k | ▲ 24.3% |
| Equity10/15 | €6k | €27k | €68k | €109k | €130k | ▲ 19.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-14k | €6k | €47k | €89k | €110k | ▲ 23.8% |
| Amounts payable17/49 | €95k | €69k | €62k | €55k | €74k | ▲ 34.2% |
| Amounts payable after more than one year17 | €5k | €12k | €7k | €1k | - | - |
| Amounts payable within one year42/48 | €90k | €57k | €55k | €53k | €74k | ▲ 37.9% |
| Trade debts44 | €26k | €29k | €11k | €6k | €23k | ▲ 268% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €21k | €41k | €41k | €21k | ▼ 48.8% |
| + Depreciation and write-downs630 | €413 | €512 | €932 | €693 | €1k | ▲ 84.1% |
| Operating cash flow (approximation) | €4k | €21k | €42k | €42k | €22k | ▼ 46.6% |
| Investment in fixed assets (approximation) | - | €-748 | €-2k | €-754 | €-2k | ▼ 132% |
| Change in cash | - | €-925 | €7k | €-7k | €3k | ▲ 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.
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 €41k ▲0%
Operating result €59k, net result €41k, both a record.
31-12
Financial
Equity above €100kEq €109k ▲60.7%
4 profitable years in a row build equity to €109k.
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.
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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
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
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 |
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Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 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
Scores and ratios are computed by Checked and are not a credit decision.