Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Decontex Benelux is 1.2% (low). The 2024 annual accounts show equity of €418k and a net result of €-61k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 58% of 90 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 5 annual accounts.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2024How 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 | 36.7% | 28.7% | |
| Net result | €-61k | €10k | |
| Equity | €418k | €46k | |
| Gross operating margin | €772k | €112k | |
| Staff costs | €678k | €172k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €89k |
| Net profit | €-61k |
| Cash flow | €66k |
| Staff costs | €678k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €1.14M |
| Equity | €418k |
| Debt | €720k |
| of which ≤ 1y | €517k |
| of which > 1y | €196k |
| Working capital | €-135k |
| Employees (FTE) | 12.2 |
| 2024 | |
|---|---|
| Current ratio | 0.74 |
| Quick ratio | 0.69 |
| Working capital ratio | -11.9% |
| Solvency | 36.7% |
| Debt / equity | 1.72 |
| Long-term debt ratio | 0.47 |
| Interest coverage | 4.12 |
| Gross margin | - |
| Net margin | - |
| ROA | -5.3% |
| ROE | -14.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.14M |
| Fixed assets | 21/28 | €756k |
| Intangible fixed assets | 21 | €116k |
| Tangible fixed assets | 22/27 | €598k |
| Financial fixed assets | 28 | €42k |
| Current assets | 29/58 | €381k |
| Stocks & contracts in progress | 3 | €25k |
| Amounts receivable within one year | 40/41 | €233k |
| Cash & bank | 54/58 | €96k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.14M |
| Equity | 10/15 | €418k |
| Contributions / capital | 10/11 | €721k |
| Accumulated profits (losses) | 14 | €-303k |
| Amounts payable | 17/49 | €720k |
| Amounts payable after one year | 17 | €196k |
| Amounts payable within one year | 42/48 | €517k |
| Trade debts payable within one year | 44 | €184k |
| Income statement | ||
| Gross operating margin | 9900 | €772k |
| Operating result | 9901 | €-38k |
| Financial income | 75 | €634 |
| Financial charges | 65 | €21k |
| Result before taxes | 9903 | €-59k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-61k |
| Result to be appropriated | 9905 | €-61k |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Structure & network
Locations & real estate
Establishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37303I0824/00N002 | Flanders | 2,574 m² | 1 · 1,089 m² | 12.4 m · 2 fl. |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
1 acts17-03-2023 Capital increase of €1,187,438.75 to €2,670,000
- €1.482.561,25 → €2.670.000
- Inbreng in natura · Apport en nature
- 3 kapitaalbewegingen in deze akte
Analysis
Snowflake analysis
financial profile on 5 axesMixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
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AI due-diligence brief
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameNL | Decontex Benelux |