PSG DECORATION
ActivePSG DECORATION has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €17k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 79% of 27446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +42 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency100▲+38
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.25 against 1.25 in 2024), and 25.4% 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
74.6%
Return on assets
27.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-04-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
99 d early
2023
53 d early
2022
17 d early
2021
31 d early
2020
55 d early
2018
57 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▲ 57.4%
2024 · €30k
2018: €20k
2020: €9k
2021: €13k
2022: €31k
2023: €34k
2024: €30k
2018 → 2025
Total assets
€63k▼ 24.4%
2024 · €84k
2018: €61k
2020: €41k
2021: €19k
2022: €46k
2023: €74k
2024: €84k
2018 → 2025
Net result
€17k
2024 · €-4k
2018: €-27k
2020: €-11k
2021: €4k
2022: €17k
2023: €3k
2024: €-4k
2018 → 2025
Working capital
€36k▲ 174%
2024 · €13k
2018: €17k
2020: €8k
2021: €13k
2022: €19k
2023: €24k
2024: €13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€31k▲ 130%€34k▲ 9.7%€30k▼ 11.8%€47k▲ 57.4%
Operating result€4k-€18k▲ 309%€3k▼ 83.0%€-4k€17k
Net result€4k-€17k▲ 327%€3k▼ 82.8%€-4k€17k
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: €17k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63k
Fixed assets
€11k▼ 36.2%
Current assets
€52k▼ 21.4%
Equity and liabilities €63k
Equity
€47k▲ 57.4%
Debt
€16k▼ 70.1%
The debt ratio falls from 64.2% to 25.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€23k▲
2024 · €1k
Cash flow
€23k▲
2024 · €2k
Solvency
74.6%▲
2024 · 35.8%
Current ratio
3.25▲
2024 · 1.25
Quick ratio
3.25▲
2024 · 1.25
Debt / equity
0.34▼
2024 · 1.79
ROE
36.5%▲
2024 · -13.4%
ROA
27.2%▲
2024 · -4.8%
Interest coverage
436.61▲
2024 · 10.85
Debt
€16k▼
2024 · €54k
Debt ≤ 1 year
€16k▼
2024 · €53k
Staff costs
€20k▲
2024 · €20k
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€84k€63k▼
Fixed assets21/28€17k€11k▼
Tangible fixed assets22/27€17k€11k▼
Furniture and vehicles24€17k€11k▼
Financial fixed assets28€575€0▼
Current assets29/58€66k€52k▼
Amounts receivable within one year40/41€58k€22k▼
Trade receivables40€55k€14k▼
Other amounts receivable41€3k€7k▲
Cash at bank and in hand54/58€7k€30k▲
Deferred charges and accrued income490/1€821€1k▲
Equity and liabilities
Total equity and liabilities10/49€84k€63k▼
Equity10/15€30k€47k▲
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-20k€-3k▲
Amounts payable17/49€54k€16k▼
Amounts payable within one year42/48€53k€16k▼
Trade debts44€14k€5k▼
Suppliers440/4€14k€5k▼
Advances received on contracts in progress46€26k€0▼
Taxes, remuneration and social security45€12k€10k▼
Taxes450/3€765€0▼
Remuneration and social security454/9€12k€10k▼
Other amounts payable47/48€268€2k▲
Accrued charges and deferred income492/3€479€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€20k€20k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€945€603▼
Gross operating margin9900€22k€44k▲
Operating profit (loss)9901€-4k€17k▲
Financial income75/76B€338€54▼
Recurring financial income75€338€54▼
Financial charges65/66B€129€52▼
Recurring financial charges65€129€52▼
Profit (loss) for the period before taxes9903€-4k€17k▲
Profit (loss) for the period9904€-4k€17k▲
Profit (loss) for the period to be appropriated9905€-4k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-3k▲
Profit (loss) brought forward from the previous period14P€-16k€-20k▼
The notes to these accounts (7 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
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
30-09
Financial
Liquidity triplescurrent ratio 3.25
Current ratio from 1.25 to 3.25; short-term debt falls from €53k to €16k.
21-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €17k ▲327%
Operating result €18k, net result €17k, both a record.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
30-09
Financial
Liquidity triplescurrent ratio 3.31
Current ratio from 1.24 to 3.31; short-term debt falls from €31k to €5k.
06-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
04-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
07-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Pepingen · 1 establishment unit since 1984
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.
Terheugenstraat(BO) 171670 PepingenGround area
694 m²
Building footprint
148 m²
Volume, LiDAR
866 m³
Parcel 23010A0240/00H000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PSG DECORATION
since 19842.023.841.949
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23010A0240/00H000 | Flanders | 694 m² | 1 · 148 m² | 8.4 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.
Similar companies · same sector, comparable size
DRESSED ROOM
BE 0561.833.304
Oostkamp · Eq €47k
SCHILDER- EN DECORATIEWERKEN AUGUSTYNS
BE 0473.040.888
Wuustwezel · Eq €47k
SIMSEK
BE 0553.675.604
Antwerpen · Eq €47k
PEINTURE DECORATION BRANTS ET FILS
BE 0808.696.324
Dalhem · Eq €47k
ARNOULD CARRELAGES
BE 0877.731.818
Hannut · Eq €47k
Of 7,817 companies in sector 43341 we hold annual accounts for 2,639. 2,281 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-12-1983
Fiscal year end30-09
Activities, NACEBEL
43341Painting of buildings
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:053 832574