K-DECO
ActiveK-DECO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €286k and a net result of €35k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 27319 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-28
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 5.41 against 5.42 in 2024), and 19.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.1%
Return on assets
9.8%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
24 d early
2023
47 d early
2022
26 d early
2021
23 d early
2020
37 d early
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€286k▲ 1.8%
2024 · €281k
2018: €138k
2019: €169k
2020: €189k
2021: €228k
2022: €234k
2023: €255k
2024: €281k
2018 → 2025
Total assets
€358k▲ 5.3%
2024 · €340k
2018: €191k
2019: €208k
2020: €225k
2021: €258k
2022: €287k
2023: €302k
2024: €340k
2018 → 2025
Net result
€35k▼ 30.0%
2024 · €50k
2018: €30k
2019: €31k
2020: €20k
2021: €39k
2022: €6k
2023: €21k
2024: €50k
2018 → 2025
Working capital
€267k▲ 4.6%
2024 · €255k
2018: €102k
2019: €128k
2020: €156k
2021: €177k
2022: €189k
2023: €221k
2024: €255k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€228k-€234k▲ 2.5%€255k▲ 8.8%€281k▲ 10.4%€286k▲ 1.8%
Operating result€56k-€11k▼ 79.7%€32k▲ 181%€76k▲ 138%€53k▼ 30.4%
Net result€39k-€6k▼ 85.2%€21k▲ 256%€50k▲ 141%€35k▼ 30.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €358k
Fixed assets
€30k▲ 13.8%
Current assets
€328k▲ 4.6%
Equity and liabilities €358k
Equity
€286k▲ 1.8%
Debt
€71k▲ 22.4%
The debt ratio rises from 17.1% to 19.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€71k▼
2024 · €90k
Cash flow
€53k▼
2024 · €64k
Solvency
80.1%▼
2024 · 82.9%
Current ratio
5.41▼
2024 · 5.42
Quick ratio
5.41▼
2024 · 5.42
Debt / equity
0.25▲
2024 · 0.21
ROE
12.2%▼
2024 · 17.8%
ROA
9.8%▼
2024 · 14.7%
Interest coverage
12.13▼
2024 · 15.36
Debt
€71k▲
2024 · €58k
Debt ≤ 1 year
€61k▲
2024 · €58k
Debt > 1 year
€11k
Income taxes
€14k▼
2024 · €21k
Staff costs
€64k▲
2024 · €61k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€340k€358k▲
Fixed assets21/28€26k€30k▲
Tangible fixed assets22/27€26k€30k▲
Plant, machinery and equipment23€12k€23k▲
Furniture and vehicles24€15k€7k▼
Current assets29/58€313k€328k▲
Amounts receivable within one year40/41€26k€31k▲
Trade receivables40€4k€19k▲
Other amounts receivable41€22k€11k▼
Cash at bank and in hand54/58€286k€295k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€340k€358k▲
Equity10/15€281k€286k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€263k€268k▲
Non-distributable reserves130/1€156k€0▼
Legal reserve130€2k-
Reserves not available under the articles1311€154k€0▼
Tax-exempt reserves132€51k€51k=
Distributable reserves133€56k€217k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€58k€71k▲
Amounts payable after more than one year17-€11k
Financial debts170/4-€11k
Amounts payable within one year42/48€58k€61k▲
Current portion of amounts payable after more than one year42-€5k
Trade debts44€20k€21k▲
Suppliers440/4€20k€21k▲
Taxes, remuneration and social security45€8k€2k▼
Taxes450/3€8k€2k▼
Remuneration and social security454/9€50€0▼
Other amounts payable47/48€30k€32k▲
Accrued charges and deferred income492/3€388€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€61k€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€18k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€153k€136k▼
Operating profit (loss)9901€76k€53k▼
Financial income75/76B€942€2k▲
Recurring financial income75€942€2k▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€71k€49k▼
Income taxes67/77€21k€14k▼
Profit (loss) for the period9904€50k€35k▼
Profit (loss) for the period to be appropriated9905€50k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€35k▼
Transfer from equity791/2€24k€30k▲
Transfer to equity691/2€50k€35k▼
To other reserves6921€50k€35k▼
Profit to be distributed694/7€24k€30k▲
Return on contributions (dividend)694€24k€30k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €50k ▲141%
Operating result €76k, net result €50k, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €6k ▼85.2%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €228k ▲20.7%
4 profitable years in a row build equity to €228k.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €169k ▲22.3%
2 profitable years in a row build equity to €169k.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
20-12-2023
Resigned as Director
Location & real-estate footprint
Registered office, Herzele · 1 establishment unit since 2013
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.
Kloosterberg 269550 HerzeleGround area
643 m²
Building footprint
145 m²
Volume, LiDAR
882 m³
Parcel 41067B0294/00D000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
K-DECO
since 20132.216.829.882
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41067B0294/00D000 | Flanders | 643 m² | 1 · 145 m² | 8.8 m · 2 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
BEN & ART Construct
BE 0666.738.606
Vorst · Eq €286k
CHASSIS CONFORT AMA
BE 0887.140.818
Beersel · Eq €286k
ROMAN-DUFOURNY
BE 0471.636.764
Saint-Ghislain · Eq €286k
STABILITEITSWERKEN VLAEMINCK
BE 0831.652.363
Assenede · Eq €287k
J. und H. MAUEL
BE 0420.265.168
Raeren · Eq €287k
Of 19,950 companies in sector 43320 we hold annual accounts for 9,081. 6,920 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2013
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.