Decontex Benelux
ActiveSummary
Decontex Benelux has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. 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 46% of 749 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability46▲+46
Solvency62▲+23
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.6 in 2023; short-term debt: 45.4% and cash: 8.4% of total assets), and 63.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 · 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
36.7%
Return on assets
-5.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
112 d early
2022
25 d early
2021
31 d late
2020
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€418k▲ 126%
2023 · €184k
2020: €12k
2021: €-380k
2022: €-964k
2023: €184k
2020 → 2024
Total assets
€1.14M▼ 13.6%
2023 · €1.32M
2020: €1.36M
2021: €1.28M
2022: €1.18M
2023: €1.32M
2020 → 2024
Net result
€-61k▲ 74.9%
2023 · €-242k
2020: €-608k
2021: €-442k
2022: €-584k
2023: €-242k
2020 → 2024
Working capital
€-135k▲ 62.8%
2023 · €-364k
2020: €-558k
2021: €-624k
2022: €-1.49M
2023: €-364k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€12k-€-380k€-964k▼ 154%€184k€418k▲ 126%
Operating result€-579k-€-428k▲ 26.1%€-560k▼ 30.9%€-229k▲ 59.2%€-38k▲ 83.4%
Net result€-608k-€-442k▲ 27.3%€-584k▼ 32.1%€-242k▲ 58.5%€-61k▲ 74.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €38k in 2024 against €229k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.14M
Fixed assets
€756k ▼ 1.6%
Current assets
€381k ▼ 30.4%
Equity and liabilities €1.14M
Equity
€418k ▲ 126%
Debt
€720k ▼ 36.4%
Debt's share of the balance-sheet total falls from 86.0% to 63.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89k▲
2023 · €-108k
Cash flow
€66k▲
2023 · €-122k
Current ratio
0.74▲
2023 · 0.60
Quick ratio
0.69▲
2023 · 0.57
Debt to equity
1.72▼
2023 · 6.13
ROE
-14.5%▲
2023 · -131.3%
ROA
-5.3%▲
2023 · -18.4%
Interest coverage
4.12▲
2023 · -5.34
Debt ≤ 1 year
€517k▼
2023 · €911k
Debt > 1 year
€196k▼
2023 · €220k
Income taxes
€2k▲
2023 · €678
Staff costs
€678k▲
2023 · €540k
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 · 61 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.32M€1.14M▼
Fixed assets21/28€768k€756k▼
Intangible fixed assets21€142k€116k▼
Tangible fixed assets22/27€585k€598k▲
Plant, machinery and equipment23€383k€334k▼
Furniture and vehicles24€919€19k▲
Leasing and similar rights25-€79k
Other tangible fixed assets26€199k€166k▼
Assets under construction and advance payments27€2k-
Financial fixed assets28€42k€42k▼
Current assets29/58€547k€381k▼
Stocks and contracts in progress3€27k€25k▼
Stocks30/36€27k€25k▼
Amounts receivable within one year40/41€351k€233k▼
Trade receivables40€350k€231k▼
Other amounts receivable41€64€2k▲
Cash at bank and in hand54/58€170k€96k▼
Deferred charges and accrued income490/1€25€27k▲
Equity and liabilities
Total equity and liabilities10/49€1.32M€1.14M▼
Equity10/15€184k€418k▲
Contributions10/11€427k€721k▲
Capital10€427k€721k▲
Issued capital100€1.04M€1.04M=
Uncalled capital101€609k€315k▼
Profit (loss) carried forward14€-242k€-303k▼
Amounts payable17/49€1.13M€720k▼
Amounts payable after more than one year17€220k€196k▼
Financial debts170/4€220k€196k▼
Amounts payable within one year42/48€911k€517k▼
Current portion of amounts payable after more than one year42€81k€235k▲
Financial debts43€140k€444▼
Credit institutions430/8€140k€444▼
Trade debts44€569k€184k▼
Suppliers440/4€569k€184k▼
Taxes, remuneration and social security45€121k€96k▼
Taxes450/3€9k€9k▼
Remuneration and social security454/9€112k€87k▼
Other amounts payable47/48-€798
Accrued charges and deferred income492/3€402€7k▲
Income statement
Code20232024
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€540k€678k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120k€127k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-3k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-1k-
Other operating charges640/8€3k€9k▲
Gross operating margin9900€433k€772k▲
Operating profit (loss)9901€-229k€-38k▲
Financial income75/76B€10k€634▼
Recurring financial income75€5€634▲
Non-recurring financial income76B€10k-
Financial charges65/66B€23k€21k▼
Recurring financial charges65€20k€21k▲
Non-recurring financial charges66B€3k-
Profit (loss) for the period before taxes9903€-242k€-59k▲
Income taxes67/77€678€2k▲
Profit (loss) for the period9904€-242k€-61k▲
Profit (loss) for the period to be appropriated9905€-242k€-61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.88M€-303k▲
Profit (loss) brought forward from the previous period14P€-1.63M€-242k▲
Transfer from equity791/2€1.63M-
Social balance
Average headcount (FTE)908710.312.2▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 70 days late
2024
31-12
Financial
Equity above €200kEq €418k ▲126%
Equity rises from €184k to €418k.
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €184k
Equity rises from €-964k to €184k.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Tielt · 1 establishment unit 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.
Maerlestraat 18700 TieltGround area
2,574 m²
Building footprint
1,089 m²
Volume, LiDAR
6,369 m³
Parcel 37303I0824/00N002, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Decontex Benelux
since 20192.292.255.696
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37303I0824/00N002 | Flanders | 2,574 m² | 1 · 1,089 m² | 12.4 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 31,461 EUR awarded · 31,461 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 7,543 EUR | 7,543 EUR |
| 2024 | 2 | 8,010 EUR | 8,010 EUR |
| 2023 | 1 | 6,705 EUR | 6,705 EUR |
| 2022 | 1 | 9,203 EUR | 9,203 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
Subsidies voor internationaal ondernemen
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Of 429 companies in sector 96101 we hold annual accounts for 254. 170 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 formPublic limited company
Founded29-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
96101Personal service activities
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.