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ADE - ART DECOR ELEC

Active
Public limited companyfounded 1988active for 37 yearsWaverse steenweg 1611, 1160 Oudergem, BelgiumKBO/BCE: BE 0436.085.472
Summary

ADE - ART DECOR ELEC has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €270,228 and a net result of €39,258. Equity is growing by about 4.7% per year across the filed financial years. Its solvency ranks better than 95% of 9,802 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€290,537total assets 2025
Equity
€270,228
Profit
€39,258
Turnover not published (abbreviated or micro format)
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 27 days late3 deeds in the Belgian Official Gazette
Why 98raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 10.04, cash €193,189Equity €270,228 (93.0% of total assets)Founded in 1988Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 81% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 93.0% of total assets
Liquidity 100=
short-term debt 7.0% · cash 66.5%
Profitability 86+6
return on assets 13.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025highest value 10-2025: < 0.1%▼ -0.2 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity ample (current ratio 10.04, compared with 6.84 in 2024, above the usual 1.5; short-term debt: 7% and cash: 66.5% of total assets), and 7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 90% on solvency, 98% on liquidity, 70% on profitability and 64% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 10.04, cash €193,189
NBB · annual accounts
lowers risk · Equity €270,228 (93.0% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
27 days late
2023
2 days early
2022
24 days late
2021
30 days late
2020
23 days late
2019
74 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €23,527

Key points

  • Positive: Among the best 5% on solvencysector median 44.0% · 9,802 companies 93.0% View
  • Active since 1988founded 19-12-1988 37 years View
  • Total assets 20256 financial years filed €290,537 View

By topic

Financials

Financial year
2025
Total assets
€290,537
Profit
€39,258
Solvency
93.0%
Total assets▲ 14.5%
Net result
20182025
Go to Financials

Timeline

Events
37
Since
1995
Next accounts
by 31-07-2027
  1. 29-07-2024Annual accounts filed
  2. 24-08-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General electrical installation workNACE 43211
Founded
19-12-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about ADE - ART DECOR ELEC

What is the company number of ADE - ART DECOR ELEC?
0436.085.472. In Belgium the VAT number is the company number with BE in front: BE 0436.085.472.
Where is ADE - ART DECOR ELEC based?
The registered office is at Waverse steenweg 1611, 1160 Oudergem.Company details
What does ADE - ART DECOR ELEC do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ADE - ART DECOR ELEC?
Public limited company (NV).
When was ADE - ART DECOR ELEC founded?
On 19-12-1988.
Is ADE - ART DECOR ELEC still active?
Yes, ADE - ART DECOR ELEC is an active enterprise in the KBO register.
What is the turnover of ADE - ART DECOR ELEC?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is ADE - ART DECOR ELEC profitable?
In financial year 2025, ADE - ART DECOR ELEC made a profit of €39,258.
Where can I find the annual accounts of ADE - ART DECOR ELEC?
ADE - ART DECOR ELEC filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ADE - ART DECOR ELEC due?
By 31-07-2027, for financial year 2026.Timeline

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