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ART & DECO MAISON

Active
Private limited company (pre-2019)founded 2012active for 14 yearsRue du Ténimont 42, 6940 Durbuy, BelgiumKBO/BCE: BE 0847.927.577
Summary

The computed 12-month bankruptcy probability of ART & DECO MAISON is 4.2% (elevated). The 2024 annual accounts show negative equity (-€56,916) and a net result of -€6,419. Equity has been shrinking by about 26% per year since 2018. Its solvency ranks better than 5% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Official details

Source: KBO
Status
Active since 08-08-2012 Normal situation
Activity
Painting of buildings NACE 43341and 2 others
Establishment unit
2.244.751.927 6940 Durbuy, since 08-08-2012
Financial year end
31 December
Peppol
Reachable since 19-12-2025

Financial position

46 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.2%
Annual accounts 2024
Gross margin
€74,395
▼ 26.1%
Turnover
≈ €280,000
estimated
Loss
€6,419
▼ 73.6%
Equity
-€56,916
▼ 12.7%
Total assets
€214,572
▲ 17.2%
Staff
≈ 1.4 FTE
estimated
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 94 days past the deadline
Filed on 02-10-2025
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 63 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 08-10-2025)Liquidity: current ratio 0.54, cash €1,036lowers riskSize: total assets €214,572Show the evidence

Checked score

Score 2024
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 11% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Weak
Solvency 0=
equity -26.5% of total assets
Liquidity 1=
short-term debt 126.5% · cash 0.5%
Profitability 30+28
return on assets -3.0%
Bankruptcy probability within 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 12.3%highest value 01-2025: 12.3%● unchanged vs 12-2024highest value 02-2025: 9.0%▼ -3.3 percentage points vs 01-2025 03-2025: 8.9%▼ -0.1 percentage points vs 02-2025 04-2025: 8.9%● unchanged vs 03-2025 05-2025: 8.4%▼ -0.5 percentage points vs 04-2025 06-2025: 8.1%▼ -0.3 percentage points vs 05-2025 07-2025: 8.0%▼ -0.1 percentage points vs 06-2025 08-2025: 7.9%▼ -0.1 percentage points vs 07-2025 09-2025: 7.8%▼ -0.1 percentage points vs 08-2025 10-2025: 8.3%▲ +0.5 percentage points vs 09-2025 11-2025: 2.9%▼ -5.4 percentage points vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.8%▼ -0.1 percentage points vs 02-2026 04-2026: 2.8%● unchanged vs 03-2026 05-2026: 2.8%● unchanged vs 04-2026 06-2026: 2.7%▼ -0.1 percentage points vs 05-2026 07-2026: 2.6%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 3.3%▲ +0.7 percentage points vs 07-2026 09-2026: 3.7%▲ +0.4 percentage points vs 08-2026 10-2026: 4.2%▲ +0.5 percentage points vs 09-2026 11-2026: 4.2%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.54 (0.5 in 2023), below 1. Short-term debt is 126.5% and cash 0.5% of total assets. Equity is negative.
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 43, micro). It does better than 3% of them on solvency, 2% on liquidity, 16% on profitability and 22% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Eight signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 63 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 08-10-2025)
NBB · annual accounts
lowers risk · Size: total assets €214,572
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.54, cash €1,036
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
1821222324
2018 to 2024 · latest year -€56,916
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 9 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 63 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 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 · 9 filings
Deviation from the deadline
2025
not filed
2024
63 days late
2023
173 days late
2022
539 days late
2021
232 days late
2018
30 days late
2017
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 177 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawal

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€56,916 View
  • Risk: 4 loss-making years in a rowloss in financial year 2024 -€6,419 View
  • Caution: Less equity than 95% of companies in specialised constructionsector median €58,292 · 35,986 companies -€56,916 View

Recent changes

  1. · KBO administration Strikeout withdrawalevent 24-08-2018
  2. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as ART & DECO MAISON: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €191,000 and €261,000, founded between 2008 and 2016.

CompanyTotal assetsGross margin
ART & DECO MAISON Durbuy€214,572€74,395
ALEX POL-GROUPE SPRL Etterbeek€208,476€63,924
Peter Lippens Brecht€217,372€79,535
REALNOV Vilvoorde€191,122€72,270
AG DECORATION Aubange€224,806€76,474
SCHILDERWERKEN & INTERIEURAFWERKING VOET Ieper€208,718€68,519
SCHILDER- EN DECORATIEWERKEN THIERRY VANSTEENKISTE Izegem€261,473€89,613
Full comparison

Key facts about ART & DECO MAISON

What is the company number of ART & DECO MAISON?
The company number of ART & DECO MAISON is 0847.927.577. The VAT number is the same number with BE in front: BE 0847.927.577.
Where is ART & DECO MAISON based?
The registered office is at Rue du Ténimont 42, 6940 Durbuy.Company details
What does ART & DECO MAISON do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of ART & DECO MAISON?
The legal form of ART & DECO MAISON is Private limited company (pre-2019) (BVBA).
When was ART & DECO MAISON founded?
ART & DECO MAISON was founded on 08-08-2012.
Is ART & DECO MAISON still active?
Yes, ART & DECO MAISON is an active enterprise in the KBO register.
What is the turnover of ART & DECO MAISON?
The turnover in financial year 2024 is ≈ €280,000. This figure is estimated from the gross margin of €74,395 and 89 comparable companies (NACE 433). It probably lies between €190,000 and €470,000.Financials
Is ART & DECO MAISON profitable?
In financial year 2024, ART & DECO MAISON made a loss of €6,419.
Where can I find the annual accounts of ART & DECO MAISON?
ART & DECO MAISON filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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