LESSINES DECOR
ActiveSummary
LESSINES DECOR has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €19k. Equity is shrinking by ~18.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 75% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+25
Solvency88▲+19
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.69 against 1.75 in 2024; short-term debt: 36.6% and cash: 93.4% of total assets), and 36.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
63.4%
Return on assets
16.1%
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 31-08-2026, 31 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
31 d late
2024
29 d late
2023
7 d early
2022
6 d early
2021
29 d late
2020
5 d early
2019
8 d early
← 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
€74k▲ 34.0%
2024 · €55k
2018: €183khighest in 8 years
2019: €160k▼ -12.3% vs 2018
2020: €148k▼ -7.5% vs 2019
2021: €125k▼ -15.5% vs 2020
2022: €100k▼ -20.1% vs 2021
2023: €76k▼ -24.0% vs 2022
2024: €55k▼ -27.7% vs 2023lowest in 8 years
2025: €74k▲ +34.0% vs 2024
2018 → 2025
Total assets
€116k▼ 7.6%
2024 · €126k
2018: €195k
2019: €205k▲ +5.2% vs 2018
2020: €214k▲ +4.1% vs 2019highest in 8 years
2021: €186k▼ -12.9% vs 2020
2022: €182k▼ -2.4% vs 2021
2023: €150k▼ -17.5% vs 2022
2024: €126k▼ -16.2% vs 2023
2025: €116k▼ -7.6% vs 2024lowest in 8 years
2018 → 2025
Net result
€19k▲ 140%
2024 · €8k
2018: €2klowest in 8 years
2019: €6k▲ +256% vs 2018
2020: €17k▲ +176% vs 2019
2021: €6k▼ -66.0% vs 2020
2022: €3k▼ -40.4% vs 2021
2023: €5k▲ +35.1% vs 2022
2024: €8k▲ +71.2% vs 2023
2025: €19k▲ +140% vs 2024highest in 8 years
2018 → 2025
Working capital
€72k▲ 35.1%
2024 · €53k
2018: €181khighest in 8 years
2019: €158k▼ -12.5% vs 2018
2020: €146k▼ -7.5% vs 2019
2021: €123k▼ -15.7% vs 2020
2022: €98k▼ -20.4% vs 2021
2023: €74k▼ -24.5% vs 2022
2024: €53k▼ -28.3% vs 2023lowest in 8 years
2025: €72k▲ +35.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€125k-€100k▼ 20.1%€76k▼ 24.0%€55k▼ 27.7%€74k▲ 34.0%
2021: €125khighest in 5 years
2022: €100k▼ -20.1% vs 2021
2023: €76k▼ -24.0% vs 2022
2024: €55k▼ -27.7% vs 2023lowest in 5 years
2025: €74k▲ +34.0% vs 2024
Operating result€10k-€6k▼ 46.2%€8k▲ 49.2%€12k▲ 43.4%€30k▲ 150%
2021: €10k
2022: €6k▼ -46.2% vs 2021lowest in 5 years
2023: €8k▲ +49.2% vs 2022
2024: €12k▲ +43.4% vs 2023
2025: €30k▲ +150% vs 2024highest in 5 years
Net result€6k-€3k▼ 40.4%€5k▲ 35.1%€8k▲ 71.2%€19k▲ 140%
2021: €6k
2022: €3k▼ -40.4% vs 2021lowest in 5 years
2023: €5k▲ +35.1% vs 2022
2024: €8k▲ +71.2% vs 2023
2025: €19k▲ +140% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 150% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€2k =
Current assets
€114k ▼ 7.7%
Equity and liabilities €116k
Equity
€74k ▲ 34.0%
Debt
€42k ▼ 39.9%
Debt's share of the balance-sheet total falls from 56.3% to 36.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.69▲
2024 · 1.75
Quick ratio
2.59▲
2024 · 1.49
Debt to equity
0.58▼
2024 · 1.29
ROE
25.4%▲
2024 · 14.2%
ROA
16.1%▲
2024 · 6.2%
Debt ≤ 1 year
€42k▼
2024 · €71k
Income taxes
€9k▲
2024 · €3k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€126k€116k▼
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€124k€114k▼
Stocks and contracts in progress3€19k€4k▼
Stocks30/36€19k€4k▼
Amounts receivable within one year40/41€285€861▲
Trade receivables40€285€861▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€105k€108k▲
Deferred charges and accrued income490/1-€868
Equity and liabilities
Total equity and liabilities10/49€126k€116k▼
Equity10/15€55k€74k▲
Contributions10/11€19k€19k=
Reserves13€36k€55k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€34k€53k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€71k€42k▼
Amounts payable within one year42/48€71k€42k▼
Financial debts43€877€872▼
Credit institutions430/8€877€872▼
Trade debts44€22k€11k▼
Suppliers440/4€22k€11k▼
Taxes, remuneration and social security45€13k€10k▼
Taxes450/3€13k€10k▼
Other amounts payable47/48€36k€20k▼
Income statement
Code20242025
Non-recurring operating income76A€0€11k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€13k€31k▲
Operating profit (loss)9901€12k€30k▲
Financial income75/76B€46€509▲
Recurring financial income75€46€509▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€10k€28k▲
Income taxes67/77€3k€9k▲
Profit (loss) for the period9904€8k€19k▲
Profit (loss) for the period to be appropriated9905€8k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€19k▲
Transfer from equity791/2€21k€0▼
Transfer to equity691/2-€19k
To other reserves6921-€19k
Profit to be distributed694/7€29k€0▼
Return on contributions (dividend)694€29k€0▼
The notes to these accounts (7 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 | €54 | €817 | €6 | €0 | €11k | - |
| Other operating charges640/8 | €432 | €2k | €1k | €1k | €1k | ▲ 7.0% |
| Non-recurring operating charges66A | - | €447 | - | - | - | - |
| Gross operating margin9900 | €11k | €8k | €9k | €13k | €31k | ▲ 139% |
| Operating profit (loss)9901 | €10k | €6k | €8k | €12k | €30k | ▲ 150% |
| Financial income75/76B | €12 | €1k | €5 | €46 | €509 | ▲ 1,000% |
| Recurring financial income75 | €12 | €1k | €5 | €46 | €509 | ▲ 1,000% |
| Financial charges65/66B | €1k | €1k | €1k | €2k | €3k | ▲ 74.0% |
| Recurring financial charges65 | €1k | €1k | €1k | €2k | €3k | ▲ 74.0% |
| Profit (loss) for the period before taxes9903 | €9k | €6k | €7k | €10k | €28k | ▲ 166% |
| Income taxes67/77 | €3k | €2k | €2k | €3k | €9k | ▲ 243% |
| Profit (loss) for the period9904 | €6k | €3k | €5k | €8k | €19k | ▲ 140% |
| Profit (loss) for the period to be appropriated9905 | €6k | €3k | €5k | €8k | €19k | ▲ 140% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €186k | €182k | €150k | €126k | €116k | ▼ 7.6% |
| Fixed assets21/28 | €2k | €2k | €2k | €2k | €2k | = |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €185k | €180k | €148k | €124k | €114k | ▼ 7.7% |
| Stocks and contracts in progress3 | €73k | €60k | €42k | €19k | €4k | ▼ 77.5% |
| Stocks30/36 | €73k | €60k | €42k | €19k | €4k | ▼ 77.5% |
| Amounts receivable within one year40/41 | €7k | €404 | €412 | €285 | €861 | ▲ 202% |
| Trade receivables40 | €7k | €78 | - | €285 | €861 | ▲ 202% |
| Other amounts receivable41 | - | €326 | €412 | €0 | - | - |
| Cash at bank and in hand54/58 | €105k | €119k | €106k | €105k | €108k | ▲ 3.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €868 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €186k | €182k | €150k | €126k | €116k | ▼ 7.6% |
| Equity10/15 | €125k | €100k | €76k | €55k | €74k | ▲ 34.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | €19k | €19k | - | - | - |
| Other1109/19 | €19k | €19k | €19k | - | - | - |
| Reserves13 | €107k | €81k | €57k | €36k | €55k | ▲ 51.5% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €105k | €79k | €55k | €34k | €53k | ▲ 54.2% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €61k | €82k | €74k | €71k | €42k | ▼ 39.9% |
| Amounts payable within one year42/48 | €61k | €82k | €74k | €71k | €42k | ▼ 39.9% |
| Financial debts43 | €860 | €860 | €876 | €877 | €872 | ▼ 0.6% |
| Credit institutions430/8 | €860 | €860 | €876 | €877 | €872 | ▼ 0.6% |
| Trade debts44 | €18k | €35k | €26k | €22k | €11k | ▼ 50.5% |
| Suppliers440/4 | €18k | €35k | €26k | €22k | €11k | ▼ 50.5% |
| Taxes, remuneration and social security45 | €17k | €18k | €13k | €13k | €10k | ▼ 17.3% |
| Taxes450/3 | €17k | €18k | €13k | €13k | €10k | ▼ 17.3% |
| Other amounts payable47/48 | €25k | €29k | €35k | €36k | €20k | ▼ 42.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €3k | €5k | €8k | €19k | ▲ 140% |
| Operating cash flow (approximation) | €6k | €3k | €5k | €8k | €19k | ▲ 140% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €14k | €-13k | €-1k | €4k | ▲ 369% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €19k ▲140%
Operating result €30k, net result €19k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
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.
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, Lessines · 1 establishment unit since 1988
Ground area
473 m²
Building footprint
251 m²
Volume, LiDAR
1,283 m³
Parcel 55023B1020/00C003, Wallonia · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
S.P.R.L. LESSINES DECOR
since 19882.035.628.043
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55023B1020/00C003 | Wallonia | 473 m² | 1 · 251 m² | 11.4 m · 2 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 531 companies in sector 47530 we hold annual accounts for 323. 267 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
Founded10-02-1988
Fiscal year end31-12
Activities, NACEBEL 2025
47530Retail trade
Scores and ratios are computed by Checked and are not a credit decision.