RK DECOLUX
ActiveThe computed 12-month bankruptcy probability of RK DECOLUX is 1.9% (moderate). The 2024 annual accounts show equity of €67k and a net result of €37k. Equity is shrinking by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 16% of 36373 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+10
Solvency38▲+3
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.15 in 2023; short-term debt: 67.8% and cash: 2.1% of total assets), and 87.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 · 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
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 2024Solvency, return and age of the figures
Solvency
12.9%
Return on assets
7.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 36373 sector peers (2024).
NBB · sector comparisonPosition among 36373 sector peers
Solvency
better than 16%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €67k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 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 filingsDeviation from the deadline
2025
not confirmed
2024
59 d late
2023
70 d late
2022
49 d late
2021
78 d late
2020
87 d late
2019
104 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€67k▲ 123%
2023 · €30k
2018: €41k
2019: €39k
2020: €42k
2021: €33k
2022: €32k
2023: €30k
2018 → 2024
Total assets
€521k▲ 67.1%
2023 · €312k
2018: €272k
2019: €200k
2020: €230k
2021: €228k
2022: €350k
2023: €312k
2018 → 2024
Net result
€37k
2023 · €-2k
2018: €15k
2019: €-2k
2020: €3k
2021: €-9k
2022: €-569
2023: €-2k
2018 → 2024
Working capital
€68k▲ 90.1%
2023 · €36k
2018: €-18k
2019: €-26k
2020: €-23k
2021: €-20k
2022: €-14k
2023: €36k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€42k-€33k▼ 21.5%€32k▼ 1.7%€30k▼ 6.8%€67k▲ 123%
Operating result€8k-€-8k€3k€-747€54k
Net result€3k-€-9k€-569▲ 93.7%€-2k▼ 286%€37k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €54k after a loss of €747 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €521k
Fixed assets
€100k▲ 180%
Current assets
€421k▲ 52.6%
Equity and liabilities €521k
Equity
€67k▲ 123%
Debt
€454k▲ 61.1%
The debt ratio falls from 90.4% to 87.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€81k▲
2023 · €15k
Cash flow
€63k▲
2023 · €14k
Solvency
12.9%▲
2023 · 9.6%
Current ratio
1.19▲
2023 · 1.15
Quick ratio
1.19▲
2023 · 1.15
Debt / equity
6.77▼
2023 · 9.38
ROE
55.2%▲
2023 · -7.3%
ROA
7.1%▲
2023 · -0.7%
Interest coverage
40.48▲
2023 · 27.37
Debt
€454k▲
2023 · €282k
Debt ≤ 1 year
€353k▲
2023 · €240k
Debt > 1 year
€23k▼
2023 · €41k
Income taxes
€15k▲
2023 · €886
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€312k€521k▲
Fixed assets21/28€36k€100k▲
Tangible fixed assets22/27€36k€100k▲
Plant, machinery and equipment23-€30k
Furniture and vehicles24€16k€60k▲
Leasing and similar rights25€20k€10k▼
Current assets29/58€276k€421k▲
Amounts receivable within one year40/41€247k€409k▲
Trade receivables40€115k€216k▲
Other amounts receivable41€132k€193k▲
Cash at bank and in hand54/58€28k€11k▼
Deferred charges and accrued income490/1€864€674▼
Equity and liabilities
Total equity and liabilities10/49€312k€521k▲
Equity10/15€30k€67k▲
Contributions10/11€7k€7k=
Outside capital11€7k€7k=
Other1109/19€7k€7k=
Reserves13€2k€2k=
Tax-exempt reserves132€2k€2k=
Profit (loss) carried forward14€22k€59k▲
Amounts payable17/49€282k€454k▲
Amounts payable after more than one year17€41k€23k▼
Financial debts170/4€41k€23k▼
Amounts payable within one year42/48€240k€353k▲
Current portion of amounts payable after more than one year42-€9k
Trade debts44€229k€321k▲
Suppliers440/4€229k€321k▲
Taxes, remuneration and social security45€11k€23k▲
Taxes450/3€11k€8k▼
Remuneration and social security454/9-€15k
Accrued charges and deferred income492/3-€78k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€26k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€17k€84k▲
Operating profit (loss)9901€-747€54k▲
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€563€2k▲
Recurring financial charges65€563€2k▲
Profit (loss) for the period before taxes9903€-1k€52k▲
Income taxes67/77€886€15k▲
Profit (loss) for the period9904€-2k€37k▲
Profit (loss) for the period to be appropriated9905€-2k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€59k▲
Profit (loss) brought forward from the previous period14P€24k€22k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
31-12
Financial
Back to profitnet €37k
Net result €37k after 3 loss-making years.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Weakest financial yearnet €-9k ▼433%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 56 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 51 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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 2012
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.
Waaglaan 221050 ElseneGround area
581 m²
Building footprint
264 m²
Volume, LiDAR
4,345 m³
2 parcels, Brussels · tallest building 23.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
RK DECOLUX
since 20122.215.810.095
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0118/00E005 | Brussels | 403 m² | 1 · 163 m² | 23.1 m · 7 fl. |
| 21446D0181/00K003 | Brussels | 178 m² | 1 · 101 m² | 20.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
MAISON DE DECORATION D.L.
BE 0440.073.162
Genappe · Eq €68k
PERFECT RESINES
BE 0841.062.353
Blégny · Eq €66k
Decoratie Eyskens
BE 0454.211.903
Zoersel · Eq €65k
ALL PAVAGE
BE 0795.504.621
Beerse · Eq €69k
TEAM 3D RENOVATION
BE 0462.055.243
Mons · Eq €69k
Of 914 companies in sector 43333 we hold annual accounts for 400. 329 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2012
Fiscal year end31-12
Activities, NACEBEL
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
43342Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.