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DECOSTER BOUWWERKEN

Active
Private limited companyfounded 20179 yrs activeGrijspeerdstraat 57, 8830 Hooglede, BelgiumKBO/BCE: BE 0669.494.493

DECOSTER BOUWWERKEN has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €153k and a net result of €27k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 42% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2024
57 / 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
Profitability76▲+3
Solvency60▼-5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 5.2 in 2023; short-term debt: 60% and cash: 17.8% of total assets), and 65% 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.
+raises riskneutral
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
Sector 41
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
28 d early
2022
34 d early
2021
46 d early
2020
29 d early
2019
25 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€153k▲ 21.5%
2023 · €126k
2018: €39k 2019: €63k 2020: €122k 2021: €108k 2022: €122k 2023: €126k
2018 → 2024
Total assets
€437k▲ 37.8%
2023 · €317k
2018: €62k 2019: €104k 2020: €174k 2021: €186k 2022: €226k 2023: €317k
2018 → 2024
Net result
€27k▲ 171%
2023 · €10k
2018: €20k 2019: €24k 2020: €70k 2021: €9k 2022: €16k 2023: €10k
2018 → 2024
Working capital
€100k▼ 45.4%
2023 · €184k
2018: €33k 2019: €56k 2020: €111k 2021: €87k 2022: €87k 2023: €184k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€122k-€108k▼ 11.7%€122k▲ 13.2%€126k▲ 3.3%€153k▲ 21.5%
Operating result€86k-€12k▼ 86.4%€18k▲ 57.9%€15k▼ 17.5%€39k▲ 159%
Net result€70k-€9k▼ 87.6%€16k▲ 88.3%€10k▼ 39.3%€27k▲ 171%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2020: €86k€86kNet result 2020: €70k€70kOperating result 2021: €12k€12kNet result 2021: €9k€9kOperating result 2022: €18k€18kNet result 2022: €16k€16kOperating result 2023: €15k€15kNet result 2023: €10k€10kOperating result 2024: €39k€39kNet result 2024: €27k€27k20202021202220232024
The operating result recovers in 2024; 2024 is 159% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €437k
Fixed assets €75k▼ 16.8%
Current assets €363k▲ 59.4%
Equity and liabilities €437k
Equity €153k▲ 21.5%
Debt €284k▲ 48.6%
The debt ratio rises from 60.3% to 65.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€57k
2023 · €31k
Cash flow
€44k
2023 · €26k
Solvency
35.0%
2023 · 39.7%
Current ratio
1.38
2023 · 5.20
Quick ratio
0.41
2023 · 1.42
Debt / equity
1.86
2023 · 1.52
ROE
17.7%
2023 · 7.9%
ROA
6.2%
2023 · 3.1%
Interest coverage
10.20
2023 · 11.12
Debt
€284k
2023 · €191k
Debt ≤ 1 year
€262k
2023 · €44k
Debt > 1 year
€22k
2023 · €148k
Income taxes
€7k
2023 · €3k
Staff costs
€28
2023 · €270
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€317k€437k
Fixed assets21/28€90k€75k
Tangible fixed assets22/27€90k€75k
Plant, machinery and equipment23€12k€11k
Furniture and vehicles24€26k€15k
Leasing and similar rights25€51k€49k
Current assets29/58€228k€363k
Stocks and contracts in progress3€165k€255k
Stocks30/36€165k€255k
Amounts receivable within one year40/41€28k€28k
Trade receivables40€12k€23k
Other amounts receivable41€16k€5k
Current investments50/53€15k€0
Cash at bank and in hand54/58€18k€78k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€317k€437k
Equity10/15€126k€153k
Contributions10/11€19k€19k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€87k€114k
Amounts payable17/49€191k€284k
Amounts payable after more than one year17€148k€22k
Financial debts170/4€148k€22k
Amounts payable within one year42/48€44k€262k
Current portion of amounts payable after more than one year42€22k€244k
Trade debts44€19k€14k
Suppliers440/4€19k€14k
Taxes, remuneration and social security45€3k€3k
Taxes450/3€927€1k
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€59€537
Income statement Code20232024
Remuneration, social security and pensions62€270€28
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k
Other operating charges640/8€859€2k
Gross operating margin9900€32k€59k
Operating profit (loss)9901€15k€39k
Financial income75/76B€157€315
Recurring financial income75€157€315
Financial charges65/66B€3k€6k
Recurring financial charges65€3k€6k
Profit (loss) for the period before taxes9903€13k€34k
Income taxes67/77€3k€7k
Profit (loss) for the period9904€10k€27k
Profit (loss) for the period to be appropriated9905€10k€27k
Appropriation of the result
Profit (loss) to be appropriated9906€93k€114k
Profit (loss) brought forward from the previous period14P€83k€87k
Profit to be distributed694/7€6k€0
Return on contributions (dividend)694€6k€0

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €150kEq €153k ▲21.5%
7 profitable years in a row build equity to €153k.
03-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €9k ▼87.6%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
02-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €70k ▲193%
Operating result €86k, net result €70k, both a record.
31-12
Financial Liquidity doublescurrent ratio 4.86
Current ratio from 2.39 to 4.86; short-term debt falls from €41k to €29k.
31-12
Financial Equity above €100kEq €122k ▲92.6%
3 profitable years in a row build equity to €122k.
06-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
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
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, Hooglede · 2 establishment units since 2017
establishment approximate All 2 establishment units on the map
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.

Grijspeerdstraat 578830 Hooglede
Ground area
1.0 ha
Building footprint
1,477 m²
Volume, LiDAR
10,594 m³
2 parcels, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Decoster Bouwwerken
Grijspeerdstraat 57, 8830 HoogledeReal estate development
since 20172.260.882.037
Gitsbergstraat 7, 8800 Roeselare
Floor and wall tiling
since 20262.390.749.496
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36505A0671/00E000 Flanders 9,026 m² 1 · 1,228 m² 8.6 m · 2 fl.
36005D0345/00N003 Flanders 1,220 m² 1 · 248 m² 11.0 m · 2 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 340 EUR awarded · 340 EUR paid
Year Entries awardedpaid
2025 1 156 EUR156 EUR
2024 1 77 EUR77 EUR
2023 1 59 EUR59 EUR
2022 1 48 EUR48 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 340 EUR · 340 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 12,596 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-01-2017
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:maddens.ingeborg@gmail.com
Establishment Hooglede 2.260.882.037
Phone:051724556
Establishment Hooglede 2.260.882.037