K. DECOR
ActiveK. DECOR has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180k and a net result of €1k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 62% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +49 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▲+3
Solvency98▲+17
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 1.75 in 2024), and 42.1% 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.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.9%
Return on assets
0.3%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
70 d late
2023
121 d late
2022
29 d late
2021
30 d late
2020
25 d early
2019
43 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€180k▲ 0.6%
2024 · €179k
2018: €136k
2019: €165k
2020: €173k
2021: €217k
2022: €167k
2023: €197k
2024: €179k
2018 → 2025
Total assets
€311k▼ 25.8%
2024 · €419k
2018: €339k
2019: €575k
2020: €648k
2021: €605k
2022: €551k
2023: €423k
2024: €419k
2018 → 2025
Net result
€1k
2024 · €-18k
2018: €31k
2019: €29k
2020: €7k
2021: €49k
2022: €-50k
2023: €30k
2024: €-18k
2018 → 2025
Working capital
€149k▼ 9.0%
2024 · €164k
2018: €81k
2019: €220k
2020: €236k
2021: €385k
2022: €286k
2023: €201k
2024: €164k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€217k-€167k▼ 23.0%€197k▲ 18.3%€179k▼ 9.2%€180k▲ 0.6%
Operating result€75k-€-47k€33k€-11k€6k
Net result€49k-€-50k€30k€-18k€1k
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 2025: €6k after a loss of €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €311k
Fixed assets
€38k▲ 5.0%
Current assets
€273k▼ 28.7%
Equity and liabilities €311k
Equity
€180k▲ 0.6%
Debt
€131k▼ 45.4%
The debt ratio falls from 57.3% to 42.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€17k▲
2024 · €-1k
Cash flow
€12k▲
2024 · €-8k
Solvency
57.9%▲
2024 · 42.7%
Current ratio
2.20▲
2024 · 1.75
Quick ratio
1.49▲
2024 · 1.37
Debt / equity
0.73▼
2024 · 1.34
ROE
0.6%▲
2024 · -10.1%
ROA
0.3%▲
2024 · -4.3%
Interest coverage
3.53▲
2024 · -0.18
Debt
€131k▼
2024 · €240k
Debt ≤ 1 year
€124k▼
2024 · €219k
Debt > 1 year
€7k▼
2024 · €21k
Income taxes
€230▲
2024 · €98
Staff costs
€4k▼
2024 · €73k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€419k€311k▼
Fixed assets21/28€36k€38k▲
Tangible fixed assets22/27€26k€28k▲
Land and buildings22-€5k
Plant, machinery and equipment23€5k€5k▼
Furniture and vehicles24€5k€4k▼
Leasing and similar rights25€16k€10k▼
Other tangible fixed assets26-€4k
Assets under construction and advance payments27-€338
Financial fixed assets28€10k€10k=
Current assets29/58€383k€273k▼
Stocks and contracts in progress3€83k€88k▲
Contracts in progress37€83k€88k▲
Amounts receivable within one year40/41€278k€140k▼
Trade receivables40€273k€113k▼
Other amounts receivable41€5k€27k▲
Cash at bank and in hand54/58€19k€44k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€419k€311k▼
Equity10/15€179k€180k▲
Contributions10/11€39k€39k=
Reserves13€176k€176k=
Distributable reserves133€176k€176k=
Profit (loss) carried forward14€-36k€-35k▲
Amounts payable17/49€240k€131k▼
Amounts payable after more than one year17€21k€7k▼
Financial debts170/4€21k€7k▼
Amounts payable within one year42/48€219k€124k▼
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€13k€1k▼
Suppliers440/4€13k€1k▼
Advances received on contracts in progress46€100k€100k=
Taxes, remuneration and social security45€25k€9k▼
Taxes450/3€25k€9k▼
Other amounts payable47/48€68k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€23k
Remuneration, social security and pensions62€73k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€802€1k▲
Gross operating margin9900€73k€23k▼
Operating profit (loss)9901€-11k€6k▲
Financial income75/76B€257€92▼
Recurring financial income75€257€92▼
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€-18k€1k▲
Income taxes67/77€98€230▲
Profit (loss) for the period9904€-18k€1k▲
Profit (loss) for the period to be appropriated9905€-18k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€-35k▲
Profit (loss) brought forward from the previous period14P€-17k€-36k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 121 days late
2023
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-50k ▼202%
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €49k ▲556%
Operating result €75k, net result €49k, both a record.
31-12
Financial
Equity above €200kEq €217k ▲25.5%
4 profitable years in a row build equity to €217k.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €165k ▲21.5%
2 profitable years in a row build equity to €165k.
19-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 50 days late
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Hasselt · 1 establishment unit since 2006
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.
Luikersteenweg 7893501 HasseltGround area
4,128 m²
Building footprint
352 m²
Volume, LiDAR
933 m³
2 parcels, Flanders · tallest building 12.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
K.DECOR
since 20062.156.771.046
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73093A0019/00F000 | Flanders | 3,587 m² | 1 · 269 m² | 12.2 m · 1 fl. |
| 71062A0271/00B000 | Flanders | 541 m² | 1 · 82 m² | - |
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.
Recognitions · licences · registrations
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
DE LOOSE
BE 0464.657.417
Londerzeel · Eq €180k
Total Interior Project
BE 0842.981.270
Balen · Eq €181k
DE KIMPE MICHAEL INTERIEURS
BE 0839.013.673
Izegem · Eq €181k
JSKOLOR
BE 0765.434.819
Charleroi · Eq €181k
V-DECOR
BE 0464.771.045
Ieper · Eq €180k
Of 7,816 companies in sector 43341 we hold annual accounts for 2,640. 2,089 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-07-2006
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
43320Joinery installation
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
43350Other building finishing work
45422
45432
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.