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ID DECO

Active
Private limited companyfounded 201412 yrs activeLouizalaan 231, 1050 Elsene, BelgiumKBO/BCE: BE 0552.613.156
Summary

The computed 12-month bankruptcy probability of ID DECO is 1.5% (moderate). The 2024 annual accounts show equity of €72k and a net result of €13k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 26043 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
62 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-3
Solvency66▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.61 in 2023; short-term debt: 42.4% and cash: 7% of total assets), but 59.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
40.7%
Return on assets
7.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
18 d late
2023
29 d late
2022
on the day
2021
90 d late
2020
19 d late
2019
117 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13k▼ 27.5%
2023 · €18k
2018: €997 2019: €-6k 2020: €21k 2021: €17k 2022: €796 2023: €18k
2018 → 2024
Working capital
€64k▲ 32.0%
2023 · €49k
2018: €28k 2019: €15k 2020: €35k 2021: €51k 2022: €39k 2023: €49k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€41k-€58k▲ 40.9%€59k▲ 1.4%€60k▲ 2.1%€72k▲ 21.2%
Operating result€21k-€24k▲ 10.6%€7k▼ 71.3%€31k▲ 361%€24k▼ 22.0%
Net result€21k-€17k▼ 18.7%€796▼ 95.3%€18k▲ 2,100%€13k▼ 27.5%
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2020: €21k€21kNet result 2020: €21k€21kOperating result 2021: €24k€24kNet result 2021: €17k€17kOperating result 2022: €7k€7kNet result 2022: €796€796Operating result 2023: €31k€31kNet result 2023: €18k€18kOperating result 2024: €24k€24kNet result 2024: €13k€13k20202021202220232024€0€10k€20k€30kOperating result 2022: €7k€6.8kNet result 2022: €796€796Operating result 2023: €31k€31kNet result 2023: €18k€18kOperating result 2024: €24k€24kNet result 2024: €13k€13k202220232024
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €178k
Fixed assets €38k ▼ 24.8%
Current assets €140k ▲ 8.8%
Equity and liabilities €178k
Equity €72k ▲ 21.2%
Debt €106k ▼ 11.7%
Debt's share of the balance-sheet total falls from 66.7% to 59.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€37k
2023 · €41k
Cash flow
€25k
2023 · €27k
Current ratio
1.85
2023 · 1.61
Quick ratio
1.84
2023 · 1.61
Debt to equity
1.46
2023 · 2.00
ROE
17.5%
2023 · 29.3%
ROA
7.1%
2023 · 9.8%
Interest coverage
9.84
2023 · 37.38
Debt ≤ 1 year
€75k
2023 · €80k
Debt > 1 year
€23k
2023 · €31k
Income taxes
€8k
2023 · €14k
Staff costs
€25k
2023 · €26k
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 · 57 lines
Balance sheet Code20232024
Assets
Total assets20/58€179k€178k
Fixed assets21/28€51k€38k
Intangible fixed assets21€9k€6k
Tangible fixed assets22/27€42k€33k
Plant, machinery and equipment23€55€0
Furniture and vehicles24€42k€33k
Current assets29/58€128k€140k
Amounts receivable after more than one year29€125k€125k=
Other amounts receivable291€125k€125k=
Stocks and contracts in progress3€320€630
Stocks30/36€320€630
Amounts receivable within one year40/41€1k€1k=
Other amounts receivable41€1k€1k=
Cash at bank and in hand54/58€2k€13k
Deferred charges and accrued income490/1-€356
Equity and liabilities
Total equity and liabilities10/49€179k€178k
Equity10/15€60k€72k
Contributions10/11€6k€6k=
Reserves13€37k€50k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€35k€48k
Profit (loss) carried forward14€17k€17k=
Amounts payable17/49€120k€106k
Amounts payable after more than one year17€31k€23k
Financial debts170/4€31k€23k
Amounts payable within one year42/48€80k€75k
Current portion of amounts payable after more than one year42€9k€8k
Financial debts43€2k€1k
Credit institutions430/8€2k€1k
Trade debts44€27k€39k
Suppliers440/4€27k€39k
Taxes, remuneration and social security45€23k€25k
Taxes450/3€23k€21k
Remuneration and social security454/9-€4k
Other amounts payable47/48€18k€2k
Accrued charges and deferred income492/3€9k€7k
Income statement Code20232024
Remuneration, social security and pensions62€26k€25k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€13k
Other operating charges640/8€2k€2k
Gross operating margin9900€69k€64k
Operating profit (loss)9901€31k€24k
Financial income75/76B€868€504
Recurring financial income75€868€504
Financial charges65/66B€1k€4k
Recurring financial charges65€1k€4k
Profit (loss) for the period before taxes9903€31k€21k
Income taxes67/77€14k€8k
Profit (loss) for the period9904€18k€13k
Profit (loss) for the period to be appropriated9905€18k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€34k€29k
Profit (loss) brought forward from the previous period14P€17k€17k=
Transfer from equity791/2€16k-
Transfer to equity691/2€18k€13k
To other reserves6921€18k€13k
Profit to be distributed694/7€16k-
Return on contributions (dividend)694€16k-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
18-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 90 days late
2021
19-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
31-12
Financial Back to profitnet €21k
Net result €21k after one loss-making year.
25-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
2019
31-12
Financial Weakest financial yearnet €-6k ▼683%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
26-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
26-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Elsene · 1 establishment unit since 2014
establishment The establishment unit on the map
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.

Louizalaan 2311050 Elsene
Ground area
5,672 m²
Building footprint
3,878 m²
Volume, LiDAR
86,391 m³
Parcel 21807G0131/00T000, Brussels · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
ID DECO
Louizalaan 231, 1050 ElseneManufacture of textiles
since 20142.230.491.739
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0131/00T000 Brussels 5,672 m² 1 · 3,878 m² 45.8 m · 8 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

Of 277 companies in sector 47519 we hold annual accounts for 130. 101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-05-2014
Fiscal year end31-12
Activities, NACEBEL 2025
47519Retail trade
70200Business and other management consultancy
71112Activities of interior architects
74112Other professional, scientific and technical activities
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

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