DEC Construct
BankruptcySummary
The KBO register records for DEC Construct the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €113k and a net result of €15k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
47 d late
2023
104 d late
2021
106 d late
2020
312 d late
2019
92 d late
2018
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€113k▲ 15.7%
2023 · €98k
2018: €26klowest value
2019: €29k▲ +12.9% vs 2018
2020: €42k▲ +43.6% vs 2019
2021: €73k▲ +76.3% vs 2020
2023: €98k
2024: €113k▲ +15.7% vs 2023highest value
2018 → 2024
Total assets
€298k▲ 7.2%
2023 · €278k
2018: €29klowest value
2019: €84k▲ +190% vs 2018
2020: €89k▲ +5.4% vs 2019
2021: €196k▲ +121% vs 2020
2023: €278k
2024: €298k▲ +7.2% vs 2023highest value
2018 → 2024
Net result
€15k▲ 76.5%
2023 · €9k
2018: €8k
2019: €3k▼ -60.0% vs 2018lowest value
2020: €13k▲ +282% vs 2019
2021: €32k▲ +151% vs 2020highest value
2023: €9k
2024: €15k▲ +76.5% vs 2023
2018 → 2024
Working capital
€113k▲ 15.7%
2023 · €98k
2018: €25klowest value
2019: €29k▲ +19.7% vs 2018
2020: €42k▲ +43.2% vs 2019
2021: €72k▲ +72.0% vs 2020
2023: €98k
2024: €113k▲ +15.7% vs 2023highest value
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120232024Trend
Equity€29k-€42k▲ 43.6%€73k▲ 76.3%€98k▲ 33.5%€113k▲ 15.7%
2019: €29klowest value
2020: €42k▲ +43.6% vs 2019
2021: €73k▲ +76.3% vs 2020
2023: €98k
2024: €113k▲ +15.7% vs 2023highest value
Operating result€5k-€14k▲ 175%€41k▲ 196%€12k▼ 70.7%€20k▲ 69.0%
2019: €5klowest value
2020: €14k▲ +175% vs 2019
2021: €41k▲ +196% vs 2020highest value
2023: €12k
2024: €20k▲ +69.0% vs 2023
Net result€3k-€13k▲ 282%€32k▲ 151%€9k▼ 72.6%€15k▲ 76.5%
2019: €3klowest value
2020: €13k▲ +282% vs 2019
2021: €32k▲ +151% vs 2020highest value
2023: €9k
2024: €15k▲ +76.5% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 69% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €298k
Equity
€113k ▲ 15.7%
Debt
€185k ▲ 2.6%
Debt's share of the balance-sheet total falls from 64.8% to 62.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.61▲
2023 · 1.54
Debt to equity
1.63▼
2023 · 1.84
ROE
13.6%▲
2023 · 8.9%
ROA
5.1%▲
2023 · 3.1%
Debt ≤ 1 year
€185k▲
2023 · €180k
Income taxes
€2k
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 · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€278k€298k▲
Current assets29/58€278k€298k▲
Amounts receivable after more than one year29€135k€135k=
Other amounts receivable291€135k€135k=
Amounts receivable within one year40/41€143k€163k▲
Trade receivables40€4k€40k▲
Other amounts receivable41€139k€122k▼
Equity and liabilities
Total equity and liabilities10/49€278k€298k▲
Equity10/15€98k€113k▲
Contributions10/11€1€1=
Reserves13€24k€24k=
Non-distributable reserves130/1€19k€19k=
Reserves not available under the articles1311€19k€19k=
Tax-exempt reserves132€5k€5k=
Profit (loss) carried forward14€74k€89k▲
Amounts payable17/49€180k€185k▲
Amounts payable within one year42/48€180k€185k▲
Current portion of amounts payable after more than one year42€822-
Financial debts43€17k€17k▲
Credit institutions430/8€17k€17k▲
Trade debts44€116k€139k▲
Suppliers440/4€116k€139k▲
Advances received on contracts in progress46€22k€22k=
Taxes, remuneration and social security45€25k€6k▼
Taxes450/3€25k€6k▼
Other amounts payable47/48-€42
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€474-
Other operating charges640/8€803-
Gross operating margin9900€13k€20k▲
Operating profit (loss)9901€12k€20k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€9k€18k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€9k€15k▲
Profit (loss) for the period to be appropriated9905€9k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€89k▲
Profit (loss) brought forward from the previous period14P€65k€74k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €5k | €474 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €584 | - | - | - | - |
| Other operating charges640/8 | - | - | €116 | €803 | - | - |
| Gross operating margin9900 | €43k | €20k | €46k | €13k | €20k | ▲ 52.7% |
| Operating profit (loss)9901 | €5k | €14k | €41k | €12k | €20k | ▲ 69.0% |
| Financial income75/76B | - | €5k | €5k | - | - | - |
| Recurring financial income75 | €3k | €5k | €5k | - | - | - |
| Financial charges65/66B | - | €3k | €4k | €3k | €2k | ▼ 25.9% |
| Recurring financial charges65 | €4k | €3k | €4k | €3k | €2k | ▼ 25.9% |
| Profit (loss) for the period before taxes9903 | €4k | €15k | €42k | €9k | €18k | ▲ 105% |
| Income taxes67/77 | €998 | €3k | €11k | - | €2k | - |
| Profit (loss) for the period9904 | €3k | €13k | €32k | €9k | €15k | ▲ 76.5% |
| Profit (loss) for the period to be appropriated9905 | €3k | €13k | €32k | €9k | €15k | ▲ 76.5% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €84k | €89k | €196k | €278k | €298k | ▲ 7.2% |
| Fixed assets21/28 | €10k | €5k | €782 | - | - | - |
| Tangible fixed assets22/27 | €10k | €5k | €782 | - | - | - |
| Plant, machinery and equipment23 | - | €152 | - | - | - | - |
| Furniture and vehicles24 | - | €5k | €782 | - | - | - |
| Current assets29/58 | €74k | €84k | €195k | €278k | €298k | ▲ 7.2% |
| Amounts receivable after more than one year29 | - | - | - | €135k | €135k | = |
| Other amounts receivable291 | - | - | - | €135k | €135k | = |
| Amounts receivable within one year40/41 | €74k | €73k | €168k | €143k | €163k | ▲ 14.0% |
| Trade receivables40 | - | €13k | €52k | €4k | €40k | ▲ 869% |
| Other amounts receivable41 | - | €60k | €116k | €139k | €122k | ▼ 11.7% |
| Current investments50/53 | - | €876 | - | - | - | - |
| Cash at bank and in hand54/58 | - | - | €28k | - | - | - |
| Deferred charges and accrued income490/1 | - | €10k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €84k | €89k | €196k | €278k | €298k | ▲ 7.2% |
| Equity10/15 | €29k | €42k | €73k | €98k | €113k | ▲ 15.7% |
| Contributions10/11 | €1 | €1 | €1 | €1 | €1 | = |
| Reserves13 | €24k | €24k | €24k | €24k | €24k | = |
| Non-distributable reserves130/1 | - | €19k | €19k | €19k | €19k | = |
| Reserves not available under the articles1311 | - | €19k | €19k | €19k | €19k | = |
| Tax-exempt reserves132 | - | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €5k | €18k | €50k | €74k | €89k | ▲ 20.7% |
| Amounts payable17/49 | €55k | €47k | €123k | €180k | €185k | ▲ 2.6% |
| Amounts payable after more than one year17 | €11k | €6k | - | - | - | - |
| Financial debts170/4 | - | €6k | - | - | - | - |
| Amounts payable within one year42/48 | €45k | €42k | €123k | €180k | €185k | ▲ 2.6% |
| Current portion of amounts payable after more than one year42 | - | - | €2k | €822 | - | - |
| Financial debts43 | - | €10k | - | €17k | €17k | ▲ 0.3% |
| Credit institutions430/8 | - | €10k | - | €17k | €17k | ▲ 0.3% |
| Trade debts44 | €26k | €11k | €83k | €116k | €139k | ▲ 20.5% |
| Suppliers440/4 | - | €11k | €83k | €116k | €139k | ▲ 20.5% |
| Advances received on contracts in progress46 | - | €14k | €22k | €22k | €22k | = |
| Taxes, remuneration and social security45 | - | €6k | €17k | €25k | €6k | ▼ 74.4% |
| Taxes450/3 | - | €6k | €17k | €25k | €6k | ▼ 74.4% |
| Remuneration and social security454/9 | - | - | €130 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €42 | - |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €13k | €32k | €9k | €15k | ▲ 76.5% |
| + Depreciation and write-downs630 | €5k | €5k | €5k | €474 | - | - |
| Operating cash flow (approximation) | €9k | €18k | €37k | €9k | €15k | ▲ 67.3% |
| Investment in fixed assets (approximation) | - | €0 | €-925 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
31-12
Financial
Equity above €100kEq €113k ▲15.7%
6 profitable years in a row build equity to €113k.
12-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 104 days late
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 106 days late
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 312 days late
2021
31-12
Financial
Highest result since 2018net €32k ▲151%
Operating result €41k, net result €32k, both a record.
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Weakest financial yearnet €3k ▼60%
Net result drops to €3k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 84 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
3 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, Ganshoren · 1 establishment unit since 2016
Ground area
140 m²
Building footprint
77 m²
Volume, LiDAR
651 m³
Parcel 21008A0114/00M008, Brussels · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
15062018
since 20162.277.250.984
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21008A0114/00M008 | Brussels | 140 m² | 1 · 77 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,211 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.