DECAPO
ActiveSummary
DECAPO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €287k and a net result of €73k. Equity is growing by ~46.5% per year across the filed fiscal years. Its solvency ranks better than 55% of 9038 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-6
Solvency73=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 1.91 against 1.88 in 2024; short-term debt: 45.7% and cash: 22.3% of total assets), but 51.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 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
54 d late
2024
60 d late
2023
77 d late
2022
34 d early
2021
37 d early
2020
33 d early
2019
32 d early
← 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
€287k▲ 34.3%
2024 · €214k
2018: €25k
2019: €26k
2020: €40k
2021: €46k
2022: €60k
2023: €137k
2024: €214k
2018 → 2025
Total assets
€598k▲ 34.7%
2024 · €444k
2018: €184k
2019: €189k
2020: €177k
2021: €132k
2022: €177k
2023: €309k
2024: €444k
2018 → 2025
Net result
€73k▼ 4.6%
2024 · €77k
2018: €4k
2019: €2k
2020: €15k
2021: €7k
2022: €13k
2023: €77k
2024: €77k
2018 → 2025
Working capital
€249k▲ 47.9%
2024 · €168k
2018: €-32k
2019: €-38k
2020: €-44k
2021: €-9k
2022: €10k
2023: €78k
2024: €168k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€46k-€60k▲ 29.1%€137k▲ 130%€214k▲ 56.2%€287k▲ 34.3%
Operating result€11k-€18k▲ 64.0%€99k▲ 443%€108k▲ 8.7%€102k▼ 5.6%
Net result€7k-€13k▲ 103%€77k▲ 478%€77k▼ 0.5%€73k▼ 4.6%
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 falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €598k
Fixed assets
€76k ▼ 10.5%
Current assets
€522k ▲ 45.3%
Equity and liabilities €598k
Equity
€287k ▲ 34.3%
Debt
€310k ▲ 34.9%
Debt's share of the balance-sheet total rises from 51.8% to 51.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€136k▼
2024 · €143k
Cash flow
€107k▼
2024 · €112k
Current ratio
1.91▲
2024 · 1.88
Quick ratio
1.89▲
2024 · 1.85
Debt to equity
1.08▲
2024 · 1.08
ROE
25.6%▼
2024 · 36.0%
ROA
12.3%▼
2024 · 17.3%
Interest coverage
39.34▼
2024 · 43.71
Debt ≤ 1 year
€273k▲
2024 · €191k
Debt > 1 year
€37k▼
2024 · €39k
Income taxes
€25k▼
2024 · €28k
Staff costs
€116k▼
2024 · €155k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€444k€598k▲
Fixed assets21/28€85k€76k▼
Tangible fixed assets22/27€85k€76k▼
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€35k€46k▲
Furniture and vehicles24€46k€26k▼
Current assets29/58€359k€522k▲
Stocks and contracts in progress3€7k€7k=
Stocks30/36€7k€7k=
Amounts receivable within one year40/41€286k€381k▲
Trade receivables40€90k€90k▲
Other amounts receivable41€196k€291k▲
Cash at bank and in hand54/58€65k€133k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€444k€598k▲
Equity10/15€214k€287k▲
Contributions10/11€20k€20k=
Reserves13€194k€267k▲
Distributable reserves133€194k€267k▲
Amounts payable17/49€230k€310k▲
Amounts payable after more than one year17€39k€37k▼
Financial debts170/4€39k€37k▼
Amounts payable within one year42/48€191k€273k▲
Current portion of amounts payable after more than one year42€45k€54k▲
Trade debts44€132k€210k▲
Suppliers440/4€132k€210k▲
Taxes, remuneration and social security45€13k€10k▼
Taxes450/3€4k€1k▼
Remuneration and social security454/9€9k€9k▼
Accrued charges and deferred income492/3€42€33▼
Income statement
Code20242025
Remuneration, social security and pensions62€155k€116k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€34k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€302k€256k▼
Operating profit (loss)9901€108k€102k▼
Financial income75/76B€324€228▼
Recurring financial income75€324€228▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€105k€99k▼
Income taxes67/77€28k€25k▼
Profit (loss) for the period9904€77k€73k▼
Profit (loss) for the period to be appropriated9905€77k€73k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€73k▼
Transfer to equity691/2€77k€73k▼
To other reserves6921€77k€73k▼
Social balance
Average headcount (FTE)90873.11.9▼
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
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 54 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Equity above €200kEq €214k ▲56.2%
7 profitable years in a row build equity to €214k.
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 77 days late
2023
31-12
Financial
Highest result since 2018net €77k ▲478%
Net result €77k, the highest in the series.
31-12
Financial
Equity above €100kEq €137k ▲130%
6 profitable years in a row build equity to €137k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €2k ▼43.3%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Avelgem · 1 establishment unit since 2017
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.
Nijverheidslaan 78580 AvelgemGround area
1,980 m²
Building footprint
376 m²
Volume, LiDAR
2,085 m³
Parcel 34003B1305/00E000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DECAPO
since 20172.262.122.647
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34003B1305/00E000 | Flanders | 1,980 m² | 1 · 376 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
FURNIMO
BE 0473.786.404
Berlare · Eq €214k
MASTER BOOT RECORD
BE 0401.937.019
Sint-Pieters-Woluwe · Eq €215k
MAC RAY
BE 0426.399.033
Wavre · Eq €216k
FEELING ECLAIRAGISTES
BE 0453.164.303
Mons · Eq €211k
INTEDE
BE 0405.008.256
Brussel · Eq €218k
Of 679 companies in sector 46494 we hold annual accounts for 530. 399 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
Founded02-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46494Wholesale of non-electrical household articles
95240Repair and maintenance of furniture and upholstery
47551Retail sale of household furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.