VANDENBROUCKE-DECORTE
VANDENBROUCKE-DECORTE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €265k and a net result of €27k. Equity is shrinking by ~26% per year across the filed fiscal years. Its solvency ranks better than 55% of 2211 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €265k |
| Net result | €27k |
| Better than sector | 55% |
| Active | 20 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 47.4% | 41.3% | |
| Net result | €27k | €21k | |
| Equity | €265k | €214k | |
| Gross operating margin | €42k | €84k | |
| Employees (FTE) | 0.0 | 1.2 |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €41k | €-58k | €-53k | €79k | €195k |
| Net profit | €27k | €-45k | €-50k | €49k | €126k |
| Cash flow | €46k | €-28k | €-24k | €72k | €150k |
| Staff costs | - | €0 | €828 | €239k | €257k |
| Income taxes | - | €0 | €88 | €18k | €49k |
| Dividends | €110k | €123k | €170k | - | €0 |
| Total assets | €560k | €568k | €719k | €1.00M | €847k |
| Equity | €265k | €348k | €515k | €735k | €686k |
| Debt | €294k | €220k | €204k | €267k | €160k |
| of which ≤ 1y | €236k | €161k | €151k | €208k | €94k |
| of which > 1y | €43k | €48k | €53k | €58k | €63k |
| Working capital | €-42k | €334k | €409k | €604k | €549k |
| Employees (FTE) | 0.0 | 0.0 | 0.0 | 7.0 | 9.1 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.82 | 3.07 | 3.72 | 3.90 | 6.85 |
| Quick ratio | 0.82 | 3.07 | 3.72 | 3.90 | 6.28 |
| Working capital ratio | -7.6% | 58.8% | 56.9% | 60.3% | 64.8% |
| Solvency | 47.4% | 61.3% | 71.6% | 73.3% | 81.1% |
| Debt / equity | 1.11 | 0.63 | 0.40 | 0.36 | 0.23 |
| Long-term debt ratio | 0.16 | 0.14 | 0.10 | 0.08 | 0.09 |
| Interest coverage | 3.00 | -7.07 | -20.68 | 6.92 | 16.94 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 4.9% | -7.8% | -7.0% | 4.8% | 14.9% |
| ROE | 10.3% | -12.8% | -9.7% | 6.6% | 18.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €560k | €568k | €719k | €1.00M | €847k |
| Fixed assets | 21/28 | €366k | €73k | €159k | €190k | €204k |
| Tangible fixed assets | 22/27 | €366k | €73k | €159k | €185k | €199k |
| Financial fixed assets | 28 | €326 | €326 | €326 | €5k | €5k |
| Current assets | 29/58 | €194k | €495k | €560k | €812k | €643k |
| Stocks & contracts in progress | 3 | - | - | - | €0 | €53k |
| Amounts receivable within one year | 40/41 | €178k | €439k | €524k | €692k | €476k |
| Cash & bank | 54/58 | €15k | €55k | €36k | €114k | €107k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €560k | €568k | €719k | €1.00M | €847k |
| Equity | 10/15 | €265k | €348k | €515k | €735k | €686k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €312k | €422k | €545k | €717k | €668k |
| Accumulated profits (losses) | 14 | €-65k | €-93k | €-48k | - | €0 |
| Amounts payable | 17/49 | €294k | €220k | €204k | €267k | €160k |
| Amounts payable after one year | 17 | €43k | €48k | €53k | €58k | €63k |
| Amounts payable within one year | 42/48 | €236k | €161k | €151k | €208k | €94k |
| Trade debts payable within one year | 44 | €19k | €5k | €111k | €182k | €69k |
| Income statement | ||||||
| Gross operating margin | 9900 | €42k | €11k | €-48k | €332k | €456k |
| Operating result | 9901 | €22k | €-74k | €-79k | €55k | €171k |
| Financial income | 75 | €18k | €38k | €32k | €23k | €16k |
| Financial charges | 65 | €14k | €8k | €3k | €11k | €11k |
| Result before taxes | 9903 | €27k | €-45k | €-50k | €67k | €176k |
| Income taxes | 67/77 | - | €0 | €88 | €18k | €49k |
| Net result for the period | 9904 | €27k | €-45k | €-50k | €49k | €126k |
| Result to be appropriated | 9905 | €27k | €-45k | €-50k | €49k | €126k |
-
DECORTE Elke Denise EstherNon-statutory directorState Gazette act 23456235 (13-12-2023)Current13-12-2023 → present
Permanent representatives (1)
-
Vandenbroucke-Decorte BVLegal entityPermanent representative· perm. rep.: Eddy VandenbrouckeState Gazette act 23026556 (23-02-2023)Permanent representative01-12-2022 → present
Former directors (1)
-
VANDENBROUCKE EddyManagerState Gazette act 23456235 (13-12-2023)Former- → 01-01-2020
| NACE primary | Other business support services(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 27-03-2006 |
| Status | Active |
| Postal code | 8620 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402D0472/00S009indicative | Flanders | 1,641 m² | 1 · 240 m² | 9.2 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-12-2023 1 director appointed, 1 resigning
- DECORTE Elke Denise Esther, Niet-statutair bestuurder
- VANDENBROUCKE Eddy, Zaakvoerder
Technical details
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"name": "ERNST \u0026 YOUNG Fiduciaire",
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}23-02-2023 Eddy Vandenbroucke appointed as permanent representative
- Eddy Vandenbroucke, Vaste vertegenwoordiger
Technical details
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}| Legal nameNL | VANDENBROUCKE-DECORTE |