Equity
€112,726 =
ADECOR-TECHNICS paid out €12,000 in dividends. That is 100% of the 2025 profit.
ADECOR-TECHNICS
Lifetime
18 annual accounts with figures on one time axispeak €228,943 (2021)
€207,320▲ 18.6%
lowest -€4,630 (2022)
€11,984▲ 2.3%
peak €117,082 (2021)
€112,726unchanged
€56,825▼ 49.3%
peak 3.9 FTE (2015)
3 FTE▲ 7.1%
Board4 names since 2021
1 directorSP INTERIEUR DESIGN
Owners
Documentsfilings and deeds
19-06-202642 days before the deadline
2025abbreviated format
Gross margin from €174,757 to €207,320Dividend €12,000Debts from €112,081 to €56,825Cash from €105,059 to €47,613
Key points
from the 2025 annual accountsChecked score
94
Excellent
Financially stronger than 52% of micro companies in wood and cork (NACE 16)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 1,032 companies (NACE 16, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
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%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged 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: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026highest value
10-2026: 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
lowers risk
Liquidity: current ratio 2.24, cash €47,613, halved
Founded in 2007
Equity €112,726 (66.5% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 16, micro). It does better than 73% of them on solvency, 71% on liquidity, 31% on profitability and 35% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as ADECOR-TECHNICS has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of ADECOR-TECHNICS itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,693 companies, not a prediction for ADECOR-TECHNICS. 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
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.24 (1.63 in 2024), above the usual 1.5. Short-term debt is 33.5% and cash 28.1% of total assets. 33.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 days early
2024
49 days early
2023
48 days early
2022
25 days early
2021
31 days early
2020
25 days early
2019
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% 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 19 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- SP INTERIEUR DESIGN 100%equity €386,553 (2025) · 2025 annual accounts of SP INTERIEUR DESIGN
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0893835501
Permanent representative: POLIMENI Stéphanie
Resignation: POLIMENI Vincenzo (statutory director) · SP INTERIEUR DESIGN holds all the shares · Director discharge: POLIMENI Vincenzo · General meeting of 23-06-2023 · Gazette deed
1 director appointed, 1 resignation
Appointment: SRL SP INTERIEUR DESIGN · Resignation: POLIMENI Vincenzo · Permanent representative: Stéphanie POLIMENI · General meeting of 27-04-2023 · Gazette deed
3 directors appointed
POLIMENI Vincenzo, GUIOT Thérèse Odette Andrée Marie Ghislaine and POLIMENI Stéphanie · POLIMENI – GUIOT holds 182 shares · POLIMENI Stéphanie holds 2 shares · General meeting of 02-06-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADECOR-TECHNICS Fleurus | €169,551 | €207,320 | 66.5% | 3 |
| HSBT Kruisem | €113,928 | €148,216 | 47.3% | 3 |
| Patrick Kreins Bullange | €346,060 | €281,297 | -7.7% | 3 |
| MODULE Lessines | €268,292 | €159,947 | 72.3% | 2 |
| HOUSE CREATIONS GROUP LTD DONCASTER | €420,984 | €239,823 | 49.7% | 2 |
| CONSTRUCTIONS COUPE FEU Assesse | €397,156 | €154,955 | 23.6% | 3.6 |
| Taes Tuinhuisjes Kortenberg | €483,400 | €246,498 | 22.0% | 4 |
These companies have the same main activity as ADECOR-TECHNICS: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €114,000 and €483,000, founded between 1990 and 2012.
Official details
Source: KBO- Status
- Active since 29-11-2007Normal situation
- Activity
- Manufacture of other builders' carpentry and joineryNACE 16230and 2 others
- Joint committee
- 124Construction · annual accounts 2023
- Establishment unit
- 2.166.909.7246220 Fleurus, since 01-01-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Annual accounts 2025
- €169,551▼ 24.6%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
Insights on ADECOR-TECHNICS
ADECOR-TECHNICS files the abbreviated format. That format states no turnover. The gross margin rose from €135,209 in 2008 to €207,320 in 2025.
SP INTERIEUR DESIGN holds all the shares.
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 ADECOR-TECHNICS
- What is the company number of ADECOR-TECHNICS?
- The company number of ADECOR-TECHNICS is 0893.835.501. The VAT number is the same number with BE in front: BE 0893.835.501.
- Where is ADECOR-TECHNICS based?
- The registered office is at Chaussée de Gilly 227, 6220 Fleurus.Company details
- What does ADECOR-TECHNICS do?
- According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
- What is the legal form of ADECOR-TECHNICS?
- ADECOR-TECHNICS is a private limited company (BV).
- When was ADECOR-TECHNICS founded?
- ADECOR-TECHNICS was founded on 29-11-2007.
- Is ADECOR-TECHNICS still active?
- Yes, ADECOR-TECHNICS is an active enterprise in the KBO register.
- How many employees does ADECOR-TECHNICS have?
- ADECOR-TECHNICS had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ADECOR-TECHNICS fall under?
- In its 2023 annual accounts, ADECOR-TECHNICS states joint committee 124 (Construction).
- What is the turnover of ADECOR-TECHNICS?
- The turnover in financial year 2025 is ≈ €530,000. This figure is estimated from the gross margin of €207,320 and 1,649 comparable companies of the same size. It probably lies between €320,000 and €990,000. It is a rough estimate.
- Is ADECOR-TECHNICS profitable?
- In financial year 2025, ADECOR-TECHNICS made a profit of €11,984.
- Where can I find the annual accounts of ADECOR-TECHNICS?
- ADECOR-TECHNICS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADECOR-TECHNICS due?
- ADECOR-TECHNICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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