DECORUS
ActiveSummary
The computed 12-month bankruptcy probability of DECORUS is 1.9% (moderate). The 2025 annual accounts show equity of €52k and a net result of €-4k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 7500 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-27
Solvency56▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.17 in 2024; short-term debt: 68.9% and cash: 65.1% of total assets), and 68.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
31.1%
Return on assets
-2.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 d late
2024
23 d late
2023
61 d late
2022
4 d early
2021
117 d late
2020
2 d early
2019
31 d late
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€52k▼ 7.2%
2024 · €56k
2018: €4k
2019: €3k▼ -29.1% vs 2018lowest in 8 years
2020: €28k▲ +890% vs 2019
2021: €65k▲ +134% vs 2020
2022: €95k▲ +47.6% vs 2021highest in 8 years
2023: €22k▼ -77.3% vs 2022
2024: €56k▲ +158% vs 2023
2025: €52k▼ -7.2% vs 2024
2018 → 2025
Total assets
€167k▼ 9.2%
2024 · €184k
2018: €61klowest in 8 years
2019: €62k▲ +0.9% vs 2018
2020: €89k▲ +45.0% vs 2019
2021: €124k▲ +38.7% vs 2020
2022: €166k▲ +34.1% vs 2021
2023: €198k▲ +19.2% vs 2022highest in 8 years
2024: €184k▼ -7.3% vs 2023
2025: €167k▼ -9.2% vs 2024
2018 → 2025
Net result
€-4k
2024 · €36k
2018: €-5klowest in 8 years
2019: €-1k▲ +78.6% vs 2018
2020: €24k▲ +2192% vs 2019
2021: €38k▲ +57.9% vs 2020
2022: €31k▼ -16.6% vs 2021
2023: €52k▲ +65.3% vs 2022highest in 8 years
2024: €36k▼ -30.6% vs 2023
2025: €-4k▼ -111% vs 2024
2018 → 2025
Working capital
€25k▲ 12.9%
2024 · €22k
2018: €-16klowest in 8 years
2019: €-10k▲ +41.9% vs 2018
2020: €27k▲ +383% vs 2019
2021: €69k▲ +156% vs 2020
2022: €93k▲ +35.4% vs 2021highest in 8 years
2023: €-14k▼ -115% vs 2022
2024: €22k▲ +256% vs 2023
2025: €25k▲ +12.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€65k-€95k▲ 47.6%€22k▼ 77.3%€56k▲ 158%€52k▼ 7.2%
2021: €65k
2022: €95k▲ +47.6% vs 2021highest in 5 years
2023: €22k▼ -77.3% vs 2022lowest in 5 years
2024: €56k▲ +158% vs 2023
2025: €52k▼ -7.2% vs 2024
Operating result€50k-€45k▼ 10.9%€80k▲ 78.3%€47k▼ 40.7%€-4k
2021: €50k
2022: €45k▼ -10.9% vs 2021
2023: €80k▲ +78.3% vs 2022highest in 5 years
2024: €47k▼ -40.7% vs 2023
2025: €-4k▼ -109% vs 2024lowest in 5 years
Net result€38k-€31k▼ 16.6%€52k▲ 65.3%€36k▼ 30.6%€-4k
2021: €38k
2022: €31k▼ -16.6% vs 2021
2023: €52k▲ +65.3% vs 2022highest in 5 years
2024: €36k▼ -30.6% vs 2023
2025: €-4k▼ -111% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €47k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €167k
Fixed assets
€27k ▼ 20.2%
Current assets
€140k ▼ 6.8%
Equity and liabilities €167k
Equity
€52k ▼ 7.2%
Debt
€115k ▼ 10.1%
Debt's share of the balance-sheet total falls from 69.6% to 68.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2024 · €57k
Cash flow
€7k▼
2024 · €46k
Current ratio
1.22▲
2024 · 1.17
Debt to equity
2.21▼
2024 · 2.29
ROE
-7.8%▼
2024 · 64.5%
ROA
-2.4%▼
2024 · 19.6%
Interest coverage
8.99▼
2024 · 195.94
Debt ≤ 1 year
€115k▼
2024 · €128k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€184k€167k▼
Fixed assets21/28€34k€27k▼
Tangible fixed assets22/27€34k€27k▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€30k€23k▼
Financial fixed assets28€350€350=
Current assets29/58€150k€140k▼
Amounts receivable within one year40/41€19k€29k▲
Trade receivables40€13k€17k▲
Other amounts receivable41€6k€12k▲
Cash at bank and in hand54/58€129k€109k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€184k€167k▼
Equity10/15€56k€52k▼
Contributions10/11€19k€19k=
Reserves13€3k€3k=
Tax-exempt reserves132€1k€1k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€34k€30k▼
Amounts payable17/49€128k€115k▼
Amounts payable within one year42/48€128k€115k▼
Trade debts44€2k€10k▲
Suppliers440/4€2k€10k▲
Taxes, remuneration and social security45€8k-
Taxes450/3€4k-
Remuneration and social security454/9€4k-
Other amounts payable47/48€118k€105k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€424€898▲
Gross operating margin9900€57k€7k▼
Operating profit (loss)9901€47k€-4k▼
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€291€698▲
Recurring financial charges65€291€698▲
Profit (loss) for the period before taxes9903€48k€-4k▼
Income taxes67/77€12k-
Profit (loss) for the period9904€36k€-4k▼
Profit (loss) for the period to be appropriated9905€36k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€30k▼
Profit (loss) brought forward from the previous period14P€-2k€34k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €22k | - | €7k | - | - | - |
| Remuneration, social security and pensions62 | €47k | €51k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €1k | €5k | €10k | €11k | ▲ 9.6% |
| Other operating charges640/8 | €646 | €496 | €2k | €424 | €898 | ▲ 112% |
| Gross operating margin9900 | €104k | €98k | €86k | €57k | €7k | ▼ 87.5% |
| Operating profit (loss)9901 | €50k | €45k | €80k | €47k | €-4k | ▼ 109% |
| Financial income75/76B | €260 | €209 | €722 | €1k | €1k | ▼ 11.3% |
| Recurring financial income75 | €260 | €209 | €479 | €1k | €1k | ▼ 11.3% |
| Non-recurring financial income76B | - | - | €243 | - | - | - |
| Financial charges65/66B | €2k | €2k | €2k | €291 | €698 | ▲ 140% |
| Recurring financial charges65 | €2k | €2k | €2k | €291 | €698 | ▲ 140% |
| Non-recurring financial charges66B | - | - | €490 | - | - | - |
| Profit (loss) for the period before taxes9903 | €49k | €43k | €78k | €48k | €-4k | ▼ 108% |
| Income taxes67/77 | €11k | €11k | €26k | €12k | - | - |
| Profit (loss) for the period9904 | €38k | €31k | €52k | €36k | €-4k | ▼ 111% |
| Profit (loss) for the period to be appropriated9905 | €38k | €31k | €52k | €36k | €-4k | ▼ 111% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €124k | €166k | €198k | €184k | €167k | ▼ 9.2% |
| Fixed assets21/28 | €2k | €2k | €36k | €34k | €27k | ▼ 20.2% |
| Tangible fixed assets22/27 | €2k | €2k | €35k | €34k | €27k | ▼ 20.4% |
| Plant, machinery and equipment23 | €2k | €1k | €4k | €3k | €4k | ▲ 16.1% |
| Furniture and vehicles24 | - | €562 | €32k | €30k | €23k | ▼ 24.3% |
| Financial fixed assets28 | - | €350 | €350 | €350 | €350 | = |
| Current assets29/58 | €122k | €164k | €162k | €150k | €140k | ▼ 6.8% |
| Amounts receivable within one year40/41 | €9k | €24k | €20k | €19k | €29k | ▲ 55.3% |
| Trade receivables40 | €5k | €12k | €15k | €13k | €17k | ▲ 28.4% |
| Other amounts receivable41 | €4k | €12k | €5k | €6k | €12k | ▲ 119% |
| Cash at bank and in hand54/58 | €113k | €140k | €140k | €129k | €109k | ▼ 15.8% |
| Deferred charges and accrued income490/1 | €90 | €7 | €2k | €2k | €2k | ▼ 1.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €124k | €166k | €198k | €184k | €167k | ▼ 9.2% |
| Equity10/15 | €65k | €95k | €22k | €56k | €52k | ▼ 7.2% |
| Contributions10/11 | €6k | €6k | €19k | €19k | €19k | = |
| Reserves13 | €3k | €3k | €3k | €3k | €3k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Tax-exempt reserves132 | €1k | €1k | €1k | €1k | €1k | = |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €55k | €86k | - | €34k | €30k | ▼ 11.8% |
| Amounts payable17/49 | €60k | €71k | €177k | €128k | €115k | ▼ 10.1% |
| Amounts payable within one year42/48 | €53k | €71k | €177k | €128k | €115k | ▼ 10.1% |
| Trade debts44 | €3k | €18k | €6k | €2k | €10k | ▲ 401% |
| Suppliers440/4 | €3k | €18k | €5k | €2k | €10k | ▲ 401% |
| Bills of exchange payable441 | - | - | €250 | - | - | - |
| Taxes, remuneration and social security45 | €16k | €13k | €8k | €8k | - | - |
| Taxes450/3 | €10k | €8k | €3k | €4k | - | - |
| Remuneration and social security454/9 | €7k | €4k | €5k | €4k | - | - |
| Other amounts payable47/48 | €34k | €41k | €163k | €118k | €105k | ▼ 10.8% |
| Accrued charges and deferred income492/3 | €7k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €31k | €52k | €36k | €-4k | ▼ 111% |
| + Depreciation and write-downs630 | €6k | €1k | €5k | €10k | €11k | ▲ 9.6% |
| Operating cash flow (approximation) | €43k | €33k | €57k | €46k | €7k | ▼ 85.4% |
| Investment in fixed assets (approximation) | - | €-934 | €-38k | €-8k | €-4k | ▲ 51.8% |
| Change in cash | - | €28k | €315 | €-11k | €-20k | ▼ 80.5% |
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
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Highest result since 2018net €52k ▲65.3%
Operating result €80k, net result €52k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 117 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2015
Ground area
445 m²
Building footprint
214 m²
Volume, LiDAR
2,685 m³
Parcel 21673D0087/00Y050, Brussels · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
DECORUS
since 20152.247.675.486
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0087/00Y050 | Brussels | 445 m² | 1 · 214 m² | 16.1 m · 5 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 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,104 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
Founded30-09-2015
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.