Decolux Projects
ActiveSummary
The computed 12-month bankruptcy probability of Decolux Projects is 3.3% (moderate). The 2024 annual accounts show equity of €11k and a net result of €11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 36375 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+86
Solvency38▲+16
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.15 against 0.94 in 2023; short-term debt: 87.2% and cash: 0% of total assets), and 87.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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
12.8%
Return on assets
13.4%
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 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
70 d late
2022
55 d late
2021
54 d early
2020
24 d late
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€11k
2023 · €-546
2019: €8k
2020: €-5k
2021: €6k
2022: €6k
2023: €-546
2019 → 2024
Total assets
€83k▲ 414%
2023 · €16k
2019: €8k
2020: €10k
2021: €9k
2022: €17k
2023: €16k
2019 → 2024
Net result
€11k
2023 · €-7k
2019: €-2k
2020: €-13k
2021: €12k
2022: €-391
2023: €-7k
2019 → 2024
Working capital
€11k
2023 · €-1k
2019: €2k
2020: €-12k
2021: €2k
2022: €4k
2023: €-1k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-5k-€6k€6k▼ 6.1%€-546€11k
Operating result€-13k-€12k€2k▼ 87.3%€-4k€13k
Net result€-13k-€12k€-391€-7k▼ 1,569%€11k
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: €13k after a loss of €4k in 2023, the highest result in the available series.
Balance-sheet composition
Equity and liabilities €83k
Equity
€11k
Debt
€73k
Debt finances 87.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€13k▲
2023 · €-3k
Cash flow
€12k▲
2023 · €-5k
Current ratio
1.15▲
2023 · 0.94
Debt to equity
6.82
ROE
105.1%
ROA
13.4%▲
2023 · -40.3%
Interest coverage
38.50▲
2023 · -1.63
Debt ≤ 1 year
€73k▲
2023 · €17k
Income taxes
€2k▲
2023 · €447
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€16k€83k▲
Fixed assets21/28€467-
Tangible fixed assets22/27€467-
Furniture and vehicles24€467-
Current assets29/58€16k€83k▲
Amounts receivable within one year40/41€11k€83k▲
Trade receivables40€11k€68k▲
Other amounts receivable41-€15k
Cash at bank and in hand54/58€6€5▼
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€16k€83k▲
Equity10/15€-546€11k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-11k€652▲
Amounts payable17/49€17k€73k▲
Amounts payable within one year42/48€17k€73k▲
Trade debts44€11k€33k▲
Suppliers440/4€11k€33k▲
Advances received on contracts in progress46-€35k
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Other amounts payable47/48€4k-
Income statement
Code20232024
Non-recurring operating income76A-€925
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€467▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€284
Gross operating margin9900€-347€15k▲
Operating profit (loss)9901€-4k€13k▲
Financial income75/76B€4€449▲
Recurring financial income75€4€449▲
Financial charges65/66B€2k€346▼
Recurring financial charges65€2k€346▼
Profit (loss) for the period before taxes9903€-6k€13k▲
Income taxes67/77€447€2k▲
Profit (loss) for the period9904€-7k€11k▲
Profit (loss) for the period to be appropriated9905€-7k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€652▲
Profit (loss) brought forward from the previous period14P€-4k€-11k▼
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
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
2023
24-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 55 days late
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
31-12
Financial
Liquidity times 9current ratio 1.71
Current ratio from 0.19 to 1.71; short-term debt falls from €15k to €2k.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Mortsel · 2 establishment units since 2019
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.
Van Peborghlei 522640 MortselGround area
254 m²
Building footprint
195 m²
Volume, LiDAR
2,448 m³
2 parcels, Brussels, Flanders · tallest building 19.0 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Decolux Projects
since 20192.292.592.228
Cafe Nostalgie
since 20252.373.611.774
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0055/00K006 | Flanders | 139 m² | 1 · 80 m² | 8.2 m · 2 fl. |
| 21813A0315/00Y000 | Brussels | 115 m² | 1 · 114 m² | 19.0 m · 6 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
HVS
BE 0739.837.014
Izegem · Eq €10,634
Barex
BE 0742.675.550
Heusden-Zolder · Eq €10,581
HDS WORKS
BE 0476.682.942
Maasmechelen · Eq €10,581
HERTZ
BE 0523.916.004
Brasschaat · Eq €10,577
@ Pro-mi
BE 0822.210.206
Brussel · Eq €10,734
Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 923 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
Founded16-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.