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Gebroeders Decaesstecker

Active
Private limited companyfounded 1970active for 56 yearsProcessiestraat 2, 8610 Kortemark, BelgiumKBO/BCE: BE 0407.603.205
Summary

The computed 12-month bankruptcy probability of Gebroeders Decaesstecker is 2.1% (moderate). The 2025 annual accounts show negative equity (-€8,021) and a net result of -€16,226. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 8% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 04-05-1970 Normal situation
Activity
Joinery installation NACE 43320and 1 other
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2024
Establishment unit
2.004.589.330 8610 Kortemark, since 17-09-1970
Financial year end
31 December
Peppol
Reachable since 27-03-2026

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts 2025
Gross margin
-€8,783
Loss
€16,226
Equity
-€8,021
Total assets
€77,516
▼ 24.2%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 61 days after the deadline
Turnover not published (abbreviated or micro format)
Filed on 30-09-2026
Score breakdownraises riskNegative equity -€8,021Loss of €16,226 (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €77,516Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 8% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 15-18
equity -10.3% of total assets
Liquidity 32+2
short-term debt 110.3% · cash 25.3%
Profitability 0-44
return on assets -20.9%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.1% 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.3 percentage points vs 07-2025 09-2025: 1.6%▲ +0.1 percentage points vs 08-2025 10-2025: 1.9%▲ +0.3 percentage points vs 09-2025 11-2025: 0.7%▼ -1.2 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026lowest value 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.2 percentage points vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026 10-2026: 2.1%▲ +1.0 percentage point vs 09-2026highest value 11-2026: 2.1%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.74 (0.93 in 2024), below 1. Short-term debt is 110.3% and cash 25.3% of total assets. Equity is negative.
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 43, micro). It does better than 7% of them on solvency, 20% on liquidity, 4% on profitability and 2% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €77,516
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€8,021
NBB · annual accounts
raises risk · Loss of €16,226 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€8,021
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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
61 days late
2024
67 days late
2023
7 days late
2022
44 days late
2021
17 days late
2020
5 days late
2019
14 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 31 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 13 September (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
02-11-2026 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: Negative equitydebts exceed assets in financial year 2025 -€8,021 View
  • Caution: Less equity than 93% of companies in specialised constructionsector median €57,811 · 34,914 companies -€8,021 View

Recent changes

  1. · Gazette deed Changes of role: Decaesstecker Geert, Decaesstecker Filip and 2 others
All 13 events

Comparable companies

These companies have the same main activity as Gebroeders Decaesstecker: joinery installation (NACE 43320). They are comparable in size and age: total assets between €52,700 and €100,000, founded between 1968 and 1981.

CompanyTotal assetsGross margin
Gebroeders Decaesstecker Kortemark€77,516-€8,783
Jules Mortreu et fils Comines-Warneton€70,616-€3,282
E.G.E.C.O. Oreye€79,260€159
SCHRIJNWERKERIJ DEWULF Kortemark€52,728-€8,719
EBANISTA GEVELBEKLEDING Geel€100,210-€62,591
PROMI - ART Drogenbos€68,871-€7,821
SUMA INTERIEUR Heist-op-den-Berg€68,738-€1,859
Full comparison

Key facts about Gebroeders Decaesstecker

What is the company number of Gebroeders Decaesstecker?
The company number of Gebroeders Decaesstecker is 0407.603.205. The VAT number is the same number with BE in front: BE 0407.603.205.
Where is Gebroeders Decaesstecker based?
The registered office is at Processiestraat 2, 8610 Kortemark.Company details
What does Gebroeders Decaesstecker do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of Gebroeders Decaesstecker?
The legal form of Gebroeders Decaesstecker is Private limited company (BV).
When was Gebroeders Decaesstecker founded?
Gebroeders Decaesstecker was founded on 04-05-1970.
Is Gebroeders Decaesstecker still active?
Yes, Gebroeders Decaesstecker is an active enterprise in the KBO register.
How many employees does Gebroeders Decaesstecker have?
Gebroeders Decaesstecker had an average of 0.8 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does Gebroeders Decaesstecker fall under?
In its 2024 annual accounts, Gebroeders Decaesstecker states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of Gebroeders Decaesstecker?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
Is Gebroeders Decaesstecker profitable?
In financial year 2025, Gebroeders Decaesstecker made a loss of €16,226.
Where can I find the annual accounts of Gebroeders Decaesstecker?
Gebroeders Decaesstecker filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Gebroeders Decaesstecker due?
Gebroeders Decaesstecker must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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