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JAN DECORTE

Active
Private limited companyfounded 200026 yrs activeAvenue Marie Jean 20, 1330 Rixensart, BelgiumKBO/BCE: BE 0472.273.501
Summary

JAN DECORTE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €191k and a net result of €23k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability80▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.59 against 5.31 in 2023; short-term debt: 24.2% and cash: 0.1% of total assets), and 25.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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 26 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-07-2025, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
26 d early
2023
1 d late
2022
31 d late
2021
18 d late
2020
38 d early
2019
on the day
← 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

History

JAN DECORTE was incorporated on 4 July 2000.1 Total assets rose from EUR 190,970 in 2018 to EUR 255,768 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€191k▼ 1.9%
2023 · €194k
Total assets
€256k▲ 10.1%
2023 · €232k
Net result
€23k▲ 20.6%
2023 · €19k
Working capital
€160k▼ 2.5%
2023 · €164k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€22k▼ 58.4%€15k▼ 32.2%€21k▲ 36.4%€41k▲ 99.2%€35k▼ 15.7%
Net result€11k▼ 59.5%€7k▼ 36.9%€13k▲ 82.0%€19k▲ 48.9%€23k▲ 20.6%
Equity€155k▲ 7.9%€162k▲ 4.6%€175k▲ 8.1%€194k▲ 11.1%€191k▼ 1.9%
Total assets€209k▲ 8.9%€195k▼ 7.1%€214k▲ 9.8%€232k▲ 8.8%€256k▲ 10.1%
Debt€55k▲ 11.7%€33k▼ 40.1%€39k▲ 18.4%€38k▼ 1.7%€65k▲ 70.7%
Working capital€128k▲ 5.7%€136k▲ 5.8%€148k▲ 8.6%€164k▲ 11.4%€160k▼ 2.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2020: €22k€22kNet result 2020: €11k€11kOperating result 2021: €15k€15kNet result 2021: €7k€7kOperating result 2022: €21k€21kNet result 2022: €13k€13kOperating result 2023: €41k€41kNet result 2023: €19k€19kOperating result 2024: €35k€35kNet result 2024: €23k€23k20202021202220232024€0€20k€40kOperating result 2022: €21k€21kNet result 2022: €13k€13kOperating result 2023: €41k€41kNet result 2023: €19k€19kOperating result 2024: €35k€35kNet result 2024: €23k€23k202220232024
The operating result falls in 2024; 2024 is 16% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €256k
Fixed assets €34k ▲ 12.9%
Current assets €222k ▲ 9.7%
Equity and liabilities €256k
Equity €191k ▼ 1.9%
Debt €65k ▲ 70.7%
Debt's share of the balance-sheet total rises from 16.4% to 25.5%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€37k▼
2023 · €42k
Cash flow
€26k▲
2023 · €21k
Current ratio
3.59▼
2023 · 5.31
Debt to equity
0.34▲
2023 · 0.20
ROE
12.3%▲
2023 · 10.0%
ROA
9.2%▲
2023 · 8.4%
Interest coverage
27.45▲
2023 · 9.16
Debt ≤ 1 year
€62k▲
2023 · €38k
Income taxes
€11k▼
2023 · €17k
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 · 2024 against 2023 · 56 lines
Balance sheet Code20232024
Assets
Total assets20/58€232k€256k▲
Fixed assets21/28€30k€34k▲
Tangible fixed assets22/27€5k€9k▲
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€1k€6k▲
Financial fixed assets28€25k€25k=
Current assets29/58€203k€222k▲
Amounts receivable after more than one year29€181k€198k▲
Trade receivables290-€4k
Other amounts receivable291€181k€194k▲
Amounts receivable within one year40/41€3k€5k▲
Other amounts receivable41€3k€5k▲
Current investments50/53€11k€17k▲
Cash at bank and in hand54/58€8k€327▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€232k€256k▲
Equity10/15€194k€191k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Share premium1100/10-€6k
Other1109/19€6k-
Reserves13€188k€184k▼
Distributable reserves133€188k€184k▼
Profit (loss) carried forward14€39€46▲
Amounts payable17/49€38k€65k▲
Amounts payable within one year42/48€38k€62k▲
Financial debts43€21k€22k▲
Credit institutions430/8€21k€17k▼
Other loans439-€4k
Trade debts44€13k€10k▼
Suppliers440/4€13k€10k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48-€28k
Accrued charges and deferred income492/3-€3k
Income statement Code20232024
Non-recurring operating income76A-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€2k€980▼
Non-recurring operating charges66A€34k-
Gross operating margin9900€79k€38k▼
Operating profit (loss)9901€41k€35k▼
Financial income75/76B€141€1k▲
Recurring financial income75€141€1k▲
Financial charges65/66B€5k€1k▼
Recurring financial charges65€5k€1k▼
Profit (loss) for the period before taxes9903€37k€35k▼
Income taxes67/77€17k€11k▼
Profit (loss) for the period9904€19k€23k▲
Profit (loss) for the period to be appropriated9905€19k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€23k▲
Profit (loss) brought forward from the previous period14P€30€39▲
Transfer from equity791/2-€27k
Transfer to equity691/2€19k€23k▲
To other reserves6921€19k€23k▲
Profit to be distributed694/7-€27k
Return on contributions (dividend)694-€27k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A----€6k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47€289€668€1k€2k▲ 77.4%
Other operating charges640/8-€3k€548€2k€980▼ 60.4%
Non-recurring operating charges66A---€34k--
Gross operating margin9900€24k€18k€22k€79k€38k▼ 51.7%
Operating profit (loss)9901€22k€15k€21k€41k€35k▼ 15.7%
Financial income75/76B-€2€3k€141€1k▲ 682%
Recurring financial income75-€2€3k€141€1k▲ 682%
Financial charges65/66B-€1k€4k€5k€1k▼ 71.0%
Recurring financial charges65€1k€1k€4k€5k€1k▼ 71.0%
Profit (loss) for the period before taxes9903€21k€14k€20k€37k€35k▼ 6.1%
Income taxes67/77€10k€7k€7k€17k€11k▼ 35.9%
Profit (loss) for the period9904€11k€7k€13k€19k€23k▲ 20.6%
Profit (loss) for the period to be appropriated9905€11k€7k€13k€19k€23k▲ 20.6%
Line20202021202220232024Change
Assets
Total assets20/58€209k€195k€214k€232k€256k▲ 10.1%
Fixed assets21/28€26k€26k€27k€30k€34k▲ 12.9%
Tangible fixed assets22/27€1k€1k€2k€5k€9k▲ 76.4%
Furniture and vehicles24-€1k€2k€4k€2k▼ 38.2%
Other tangible fixed assets26---€1k€6k▲ 459%
Financial fixed assets28€25k€25k€25k€25k€25k=
Current assets29/58€183k€169k€186k€203k€222k▲ 9.7%
Amounts receivable after more than one year29-€159k€168k€181k€198k▲ 9.5%
Trade receivables290----€4k-
Other amounts receivable291-€159k€168k€181k€194k▲ 7.2%
Amounts receivable within one year40/41-€3k€6k€3k€5k▲ 106%
Trade receivables40--€250---
Other amounts receivable41-€3k€5k€3k€5k▲ 106%
Current investments50/53€2k€5k€8k€11k€17k▲ 57.5%
Cash at bank and in hand54/58€22k€1k€615€8k€327▼ 95.9%
Deferred charges and accrued income490/1-€135€4k-€1k-
Equity and liabilities
Total equity and liabilities10/49€209k€195k€214k€232k€256k▲ 10.1%
Equity10/15€155k€162k€175k€194k€191k▼ 1.9%
Contributions10/11-€6k€6k€6k€6k=
Outside capital11---€6k€6k=
Share premium1100/10----€6k-
Other1109/19---€6k--
Reserves13€147k€155k€169k€188k€184k▼ 1.9%
Non-distributable reserves130/1-€2k€2k---
Reserves not available under the articles1311-€2k€2k---
Distributable reserves133-€153k€167k€188k€184k▼ 1.9%
Profit (loss) carried forward14€1k€341€30€39€46▲ 18.1%
Amounts payable17/49€55k€33k€39k€38k€65k▲ 70.7%
Amounts payable within one year42/48€55k€33k€39k€38k€62k▲ 62.0%
Current portion of amounts payable after more than one year42-€3k€0---
Financial debts43-€5k€25k€21k€22k▲ 1.1%
Credit institutions430/8-€5k€25k€21k€17k▼ 19.5%
Other loans439----€4k-
Trade debts44€225€5k€6k€13k€10k▼ 23.4%
Suppliers440/4-€5k€6k€13k€10k▼ 23.4%
Taxes, remuneration and social security45-€19k€8k€4k€2k▼ 42.9%
Taxes450/3-€19k€8k€4k€2k▼ 42.9%
Other amounts payable47/48----€28k-
Accrued charges and deferred income492/3----€3k-
Line20202021202220232024Change
Profit (loss) for the period9904€11k€7k€13k€19k€23k▲ 20.6%
+ Depreciation and write-downs630€47€289€668€1k€2k▲ 77.4%
Operating cash flow (approximation)€11k€7k€14k€21k€26k▲ 24.0%
Investment in fixed assets (approximation)-€0€-2k€-4k€-6k▼ 59.7%
Change in cash-€-21k€-615€7k€-8k▼ 204%

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

2025
05-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
01-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
18-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial Weakest financial yearnet €7k ▼36.9%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
23-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €150kEq €155k ▲7.9%
3 profitable years in a row build equity to €155k.
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €28k ▲120%
Operating result €54k, net result €28k, both a record.
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
27-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Rixensart · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
1,102 m²
Building footprint
95 m²
Volume, LiDAR
548 m³
Parcel 25091F0422/00A000, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue Marie Jean 20, 1330 Rixensart
Design of textile patterns, clothing, jewellery, furniture and decorative items
since 20002.214.193.165
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25091F0422/00A000 Wallonia 1,102 m² 1 · 95 m² 7.6 m · 2 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.

Similar companies · same sector, comparable size

Of 22,069 companies in sector 69101 we hold annual accounts for 9,055. 7,329 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
Founded04-07-2000
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers

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