Liquidity
7.18 was 4.49 in 2024
Short-term debts fell from €58,298 to €33,789.
ABACA DECO
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €210,041 (2021)
€10,297▲ €40,597
lowest -€39,814 (2024)
€6,094▲ €45,908
peak €262,482 (2021)
€225,109▲ 2.8%
€34,282▼ 41.5%
peak 3.1 FTE (2017)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€30,300 to €10,297Back to profit: €6,094Debts from €58,642 to €34,282Cash from €41 to €3
Key points
from the 2025 annual accountsFilings
22 annual accounts since 2004
Ten of the last ten came late. The 2019 accounts came latest: 82 days after the end of the period.
Position in the sector
86.8%
Higher solvency than 90% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,035 companies had the same profile as ABACA DECO has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,035 companies, not a prediction for ABACA DECO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0861350694
Appointments: (director) and (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 20-11-2023 · Gazette deed
Resignations & appointments
General meeting of 30-10-2015 · Gazette deed
Incorporation
published on 04-11-2003 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ABACA DECO Liège | €259,391 | €10,297 | 86.8% | - |
| AVANTI DECORATIE Lendelede | €290,867 | €13,660 | 57.7% | - |
| VAN SPEYBROECK CPF Ghent | €205,856 | €9,086 | 96.6% | - |
| TWIN PAINT Geel | €215,310 | €12,881 | 98.8% | - |
| DONCKERS H. - CARAVELLA D. Antwerp | €271,359 | €12,376 | 59.7% | - |
| SCHILDERWERKEN COURTENS Harelbeke | €340,652 | €8,648 | 97.6% | - |
| De Winter Waregem | €203,302 | €8,481 | 57.8% | - |
These companies have the same main activity as ABACA DECO: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €203,000 and €341,000, founded between 1998 and 2008.
Official details
Source: KBO- Status
- Active since 28-10-2003Normal situation
- Activity
- Painting of buildingsNACE 43341
- Joint committee
- 124Construction · annual accounts 2022
- Establishment unit
- 2.135.262.2854030 Liège, since 28-10-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 28-04-2025
Annual accounts 2025
- ≈ €100,000estimated
- €259,391▼ 6.6%
- ≈ 0 FTEestimated
- Filing
- Filed on 31-08-2026
Insights on ABACA DECO
ABACA DECO files the micro format. That format states no turnover. The gross margin fell from €52,076 in 2006 to €10,297 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ABACA DECO
- What is the company number of ABACA DECO?
- The company number of ABACA DECO is 0861.350.694. The VAT number is the same number with BE in front: BE 0861.350.694.
- Where is ABACA DECO based?
- The registered office is at Rue des Oblats 4, 4030 Liège.Company details
- What does ABACA DECO do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of ABACA DECO?
- ABACA DECO is a private limited company (BV).
- When was ABACA DECO founded?
- ABACA DECO was founded on 28-10-2003.
- Is ABACA DECO still active?
- Yes, ABACA DECO is an active enterprise in the KBO register.
- How many employees does ABACA DECO have?
- ABACA DECO had an average of 0.7 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does ABACA DECO fall under?
- In its 2022 annual accounts, ABACA DECO states joint committee 124 (Construction).
- What is the turnover of ABACA DECO?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €10,297 and 159 comparable companies (NACE 433). It probably lies between €60,000 and €220,000. It is a rough estimate.
- Is ABACA DECO profitable?
- In financial year 2025, ABACA DECO made a profit of €6,094.
- Where can I find the annual accounts of ABACA DECO?
- ABACA DECO filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ABACA DECO due?
- ABACA DECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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