S DECOO
ActiveSummary
The computed 12-month bankruptcy probability of S DECOO is 1.6% (moderate). The 2025 annual accounts show equity of €134k and a net result of €55k. Equity is growing by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 7777 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+49
Solvency66▲+4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.45 against 2.84 in 2024; short-term debt: 20.9% and cash: 34.2% of total assets), but 59.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
40.8%
Return on assets
16.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 9 filingsDeviation from the deadline
2025
28 d late
2024
22 d late
2023
36 d early
2022
48 d early
2021
12 d early
2020
44 d late
2019
84 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€134k▲ 68.7%
2024 · €80k
2018: €14k
2019: €17k
2020: €52k
2021: €61k
2022: €68k
2023: €84k
2024: €80k
2018 → 2025
Total assets
€329k▲ 52.1%
2024 · €216k
2018: €182k
2019: €201k
2020: €200k
2021: €267k
2022: €239k
2023: €247k
2024: €216k
2018 → 2025
Net result
€55k
2024 · €-4k
2018: €-1k
2019: €2k
2020: €35k
2021: €10k
2022: €7k
2023: €16k
2024: €-4k
2018 → 2025
Working capital
€100k▲ 170%
2024 · €37k
2018: €12k
2019: €5k
2020: €42k
2021: €29k
2022: €27k
2023: €42k
2024: €37k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€68k▲ 11.3%€84k▲ 23.2%€80k▼ 5.3%€134k▲ 68.7%
Operating result€34k-€22k▼ 34.1%€28k▲ 23.8%€9k▼ 67.9%€86k▲ 869%
Net result€10k-€7k▼ 29.1%€16k▲ 129%€-4k€55k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 869% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €329k
Fixed assets
€161k ▲ 0.9%
Current assets
€168k ▲ 195%
Equity and liabilities €329k
Equity
€134k ▲ 68.7%
Debt
€195k ▲ 42.4%
Debt's share of the balance-sheet total falls from 63.2% to 59.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€96k▲
2024 · €24k
Cash flow
€65k▲
2024 · €11k
Current ratio
2.45▼
2024 · 2.84
Debt to equity
1.45▼
2024 · 1.72
ROE
40.7%▲
2024 · -5.6%
ROA
16.6%▲
2024 · -2.1%
Interest coverage
12.72▲
2024 · 2.81
Debt ≤ 1 year
€69k▲
2024 · €20k
Debt > 1 year
€105k▼
2024 · €117k
Income taxes
€24k▲
2024 · €5k
Staff costs
€50k
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 · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€216k€329k▲
Fixed assets21/28€159k€161k▲
Tangible fixed assets22/27€159k€161k▲
Land and buildings22€153k€149k▼
Furniture and vehicles24€6k€11k▲
Financial fixed assets28-€250
Current assets29/58€57k€168k▲
Amounts receivable within one year40/41€32k€56k▲
Trade receivables40€23k€46k▲
Other amounts receivable41€9k€10k▲
Cash at bank and in hand54/58€25k€112k▲
Equity and liabilities
Total equity and liabilities10/49€216k€329k▲
Equity10/15€80k€134k▲
Contributions10/11€6k€6k=
Capital10-€6k
Issued capital100-€6k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€71k€126k▲
Amounts payable17/49€137k€195k▲
Amounts payable after more than one year17€117k€105k▼
Financial debts170/4€117k€105k▼
Amounts payable within one year42/48€20k€69k▲
Current portion of amounts payable after more than one year42€14k€11k▼
Trade debts44€5k€23k▲
Suppliers440/4€5k€23k▲
Taxes, remuneration and social security45-€32k
Taxes450/3-€25k
Remuneration and social security454/9-€7k
Other amounts payable47/48€1k€2k▲
Accrued charges and deferred income492/3-€21k
Income statement
Code20242025
Remuneration, social security and pensions62-€50k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€10k▼
Other operating charges640/8€2k€5k▲
Gross operating margin9900€26k€151k▲
Operating profit (loss)9901€9k€86k▲
Financial income75/76B-€84
Recurring financial income75-€84
Non-recurring financial income76B-€84
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Non-recurring financial charges66B€9k€8k▼
Profit (loss) for the period before taxes9903€226€78k▲
Income taxes67/77€5k€24k▲
Profit (loss) for the period9904€-4k€55k▲
Profit (loss) for the period to be appropriated9905€-4k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€126k▲
Profit (loss) brought forward from the previous period14P€76k€71k▼
The notes to these accounts (7 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Back to profitnet €55k
Net result €55k after one loss-making year.
31-12
Financial
Equity above €100kEq €134k ▲68.7%
Equity rises from €80k to €134k.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet €-4k ▼128%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 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, Oudergem · 1 establishment unit since 2016
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.
Tervuurse steenweg 1131160 Oudergem1 establishment unit
S DECOO
since 20162.258.640.842
Similar companies · same sector, comparable size
MD Schrijnwerkerij-Renovatie
BE 0897.477.454
Bertem · Eq €134,165
HOUTBOUW DE RUDDER
BE 0838.905.290
Merchtem · Eq €134,141
DB WOOD CONSTRUCT
BE 0840.903.787
Kruisem · Eq €134,182
JDChâssis
BE 0848.834.528
Pont-à-Celles · Eq €134,213
La vie en bois
BE 0644.849.664
Beerse · Eq €134,089
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,670 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 (pre-2019)
Founded19-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43910Bricklaying and masonry work
43332Laying of wooden floor and wall coverings
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filings
Scores and ratios are computed by Checked and are not a credit decision.