Equity
€11.1m ▲ 1.5%
DECO - IM has made a profit without a break since 2021.
DECO - IM
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1995peak €2.8m (2022)
-not published
lowest -€434,714 (2011)
€783,517▼ 7.4%
peak €11.1m (2025)
€11.1m▲ 1.5%
€24.6m▼ 6.4%
Board7 names since 2021
4 directorsDe Cock Norma and 3 others
Owners
consolidatesREMITRANS
Documentsfilings and deeds
03-07-202628 days before the deadline
2025financial year
1 establishment registeredInvestments €4.0m
Key points
from the 2025 annual accountsInvestments
€4.0m 2.2 × depreciation
Green is investment, beige is depreciation. Machinery stands 107.3% higher than in 2024.
Liquidity
0.61 was 1.51 in 2024
Short-term debts fell from €3.7m to €3.2m.
Checked score
91
Excellent
Financially stronger than 62% of medium-sized companies in warehousing and transport support (NACE 52)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 176 companies (NACE 52, medium-sized).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.2%▼ -0.2 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.61, cash €385,988
Sector: Warehousing and support activities for transportation (NACE 52)
lowers risk
Size: turnover €4.0m, total assets €36.0m
Founded in 1994
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 52, medium-sized). It does better than 52% of them on solvency, 75% on liquidity, 69% on profitability and 54% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 513 companies had the same profile as DECO - IM has now. Each dot stands for 2 companies, two years later.
96.1%
were still trading
3.1%
stopped another way
0.8%
went bankrupt
That fits the bankruptcy probability of DECO - IM itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 513 companies, not a prediction for DECO - IM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €390,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.61 (1.51 in 2024), below 1. Short-term debt is 8.9% and cash 1.1% of total assets. 69.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 days early
2024
9 days early
2023
40 days early
2022
31 days early
2021
16 days early
2020
31 days late
2019
22 days early
← 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 16 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% 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 3 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- REMITRANS NV consolidatesscore 96equity €12.8m (2025) · annual accounts 2025
Shares in 1 company, RT Logistics
Board & ownershipRecent changes
Environmental permit granted
Slopen of verwijderen, Slopen van niet vrijstaande gebouwen of constructies · Ninove
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0454235360
New establishment in Ath
Deco-Im, Rue des Nerviens 10
Appointment: All About Autit BV (statutory auditor)
General meeting of 26-11-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DECO - IM Pajottegem | €4.0m | 36.3% | 30.8% | - |
| STOREX Wevelgem | €4.0m | 16.4% | 32.6% | 0.8 |
| NORTHLANDT Lokeren | €5.8m | -8.3% | 75.0% | 18.3 |
| TOTAL SAFETY SUPPLY Diepenbeek | €6.1m | 26.0% | 32.5% | 6.4 |
| VALADIS Ath | €5.6m | 1.6% | 47.4% | 39.5 |
| CONSTELLATION COLD LOGISTICS GEL Mouscron | €4.0m | 30.1% | 40.2% | 20.5 |
| OPSLAG, MANIPULATIE EN DISTRIBUTIE G.M.B. Stekene | €6.5m | 14.7% | 19.8% | 50.5 |
Grey: the largest companies of the sector (warehousing and transport support (NACE 52)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as DECO - IM: warehousing and storage (NACE 52100). They are comparable in size and age: total assets between €13m and €47m, founded between 1985 and 2002.
Official details
Source: KBO- Status
- Active since 30-12-1994Normal situation
- Activity
- Warehousing and storageNACE 52100and 2 others
- Establishment units
- 2.134.144.8079400 Ninove, since 30-12-1994
- 2.070.258.5281755 Pajottegem, since 10-02-1995and 5 others
- Financial year end
- 31 December
- Peppol
- Reachable since 16-06-2025
Annual accounts 2025
- €36.0m▼ 4.1%
- Filing
- Filed on 03-07-2026, 28 days before the end of the filing period
Insights on DECO - IM
DECO - IM has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.1m and a net result of €783,517.
Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 42% of 864 sector peers (NACE 52, financial year 2025).
The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DECO - IM
- What is the company number of DECO - IM?
- The company number of DECO - IM is 0454.235.360. The VAT number is the same number with BE in front: BE 0454.235.360.
- Where is DECO - IM based?
- The registered office is at Oude Molenstraat 14, 1755 Pajottegem.Company details
- What does DECO - IM do?
- According to the KBO register, the main activity is warehousing and storage (NACE 52100).
- What is the legal form of DECO - IM?
- DECO - IM is a public limited company (NV).
- When was DECO - IM founded?
- DECO - IM was founded on 30-12-1994.
- Is DECO - IM still active?
- Yes, DECO - IM is an active enterprise in the KBO register.
- What is the turnover of DECO - IM?
- The turnover of DECO - IM was €4.0m in financial year 2025, according to the filed annual accounts.Financials
- Is DECO - IM profitable?
- In financial year 2025, DECO - IM made a profit of €783,517.
- Where can I find the annual accounts of DECO - IM?
- DECO - IM filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DECO - IM due?
- DECO - IM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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