BEST DECOR
ActiveThe computed 12-month bankruptcy probability of BEST DECOR is 1.8% (moderate). The 2024 annual accounts show equity of €789k and a net result of €136k. Equity is growing by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 3569 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
91
/ 100
Excellent▲ +10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+14
Solvency80▲+3
Growth77=
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.36 in 2023), and 48.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 41
Relative position
BE, all sectors
reference
Sector 41
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 2024Solvency, return and age of the figures
Solvency
51.8%
Return on assets
9%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
54 d late
2022
113 d late
2021
59 d late
2020
89 d late
2019
82 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€2.83M▲ 21.5%
2021 · €2.33M
2018: €1.73M
2019: €2.24M
2020: €2.51M
2021: €2.33M
2018 → 2022
EBIT margin
10.7%▲ 5.0pp
2021 · 5.7%
2018: 5.2%
2019: 3.1%
2020: 2.4%
2021: 5.7%
2018 → 2022
Net result
€136k▲ 45.1%
2023 · €94k
2018: €63k
2019: €45k
2020: €36k
2021: €83k
2022: €219k
2023: €94k
2018 → 2024
Working capital
€56k▼ 30.6%
2023 · €80k
2018: €-21k
2019: €6k
2020: €3k
2021: €174k
2022: €448k
2023: €80k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.51M-€2.33M▼ 7.2%€2.83M▲ 21.5%
Equity€257k-€339k▲ 32.3%€559k▲ 64.6%€653k▲ 16.8%€789k▲ 20.9%
Operating result€61k-€132k▲ 116%€303k▲ 129%€146k▼ 51.7%€213k▲ 45.6%
Net result€36k-€83k▲ 133%€219k▲ 164%€94k▼ 57.1%€136k▲ 45.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 46% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.52M
Fixed assets
€1.25M▲ 11.9%
Current assets
€270k▼ 10.3%
Equity and liabilities €1.52M
Equity
€789k▲ 20.9%
Debt
€735k▼ 4.4%
The debt ratio falls from 54.1% to 48.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€339k▲
2023 · €226k
Cash flow
€262k▲
2023 · €174k
Solvency
51.8%▲
2023 · 45.9%
Current ratio
1.26▼
2023 · 1.36
Quick ratio
0.98▼
2023 · 1.01
Debt / equity
0.93▼
2023 · 1.18
ROE
17.3%▲
2023 · 14.4%
ROA
9.0%▲
2023 · 6.6%
Interest coverage
13.40▲
2023 · 10.85
Debt
€735k▼
2023 · €768k
Debt ≤ 1 year
€215k▼
2023 · €221k
Debt > 1 year
€520k▼
2023 · €547k
Income taxes
€42k▲
2023 · €29k
Staff costs
€177k▲
2023 · €164k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.42M€1.52M▲
Fixed assets21/28€1.12M€1.25M▲
Intangible fixed assets21€118k€106k▼
Tangible fixed assets22/27€1.00M€1.15M▲
Land and buildings22€682k€644k▼
Plant, machinery and equipment23€42k€28k▼
Furniture and vehicles24€107k€250k▲
Other tangible fixed assets26-€227k
Assets under construction and advance payments27€171k-
Financial fixed assets28€75€75=
Current assets29/58€301k€270k▼
Stocks and contracts in progress3€78k€61k▼
Stocks30/36€78k€61k▼
Amounts receivable within one year40/41€183k€156k▼
Trade receivables40€73k€118k▲
Other amounts receivable41€110k€38k▼
Cash at bank and in hand54/58€31k€44k▲
Deferred charges and accrued income490/1€9k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.42M€1.52M▲
Equity10/15€653k€789k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€632k€769k▲
Amounts payable17/49€768k€735k▼
Amounts payable after more than one year17€547k€520k▼
Financial debts170/4€547k€520k▼
Amounts payable within one year42/48€221k€215k▼
Current portion of amounts payable after more than one year42€39k€40k▲
Trade debts44€92k€140k▲
Suppliers440/4€92k€140k▲
Taxes, remuneration and social security45€90k€33k▼
Taxes450/3€90k€24k▼
Remuneration and social security454/9-€9k
Other amounts payable47/48-€1k
Income statement
Code20232024
Remuneration, social security and pensions62€164k€177k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€125k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12k-
Other operating charges640/8€102k€16k▼
Gross operating margin9900€505k€532k▲
Operating profit (loss)9901€146k€213k▲
Financial income75/76B€18€3▼
Recurring financial income75€18€3▼
Financial charges65/66B€24k€35k▲
Recurring financial charges65€21k€25k▲
Non-recurring financial charges66B€3k€10k▲
Profit (loss) for the period before taxes9903€123k€178k▲
Income taxes67/77€29k€42k▲
Profit (loss) for the period9904€94k€136k▲
Profit (loss) for the period to be appropriated9905€94k€136k▲
Appropriation of the result
Profit (loss) to be appropriated9906€632k€769k▲
Profit (loss) brought forward from the previous period14P€538k€632k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 68 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 54 days late
2023
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 113 days late
2022
31-12
Financial
Highest result since 2018net €219k ▲164%
Operating result €303k, net result €219k, both a record.
31-12
Financial
Equity above €500kEq €559k ▲64.6%
5 profitable years in a row build equity to €559k.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 59 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €36k ▼21%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 82 days late
2019
31-12
Financial
Equity above €200kEq €221k ▲25.6%
2 profitable years in a row build equity to €221k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brussel · 2 establishment units since 2009
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.
John Waterloo Wilsonstraat 541000 BrusselGround area
4,068 m²
Building footprint
1,050 m²
Volume, LiDAR
7,709 m³
2 parcels, Brussels, Wallonia · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
-
since 20092.177.151.934
Rue Pré du Pont(Jod.) 3, 1370 Jodoigne
since 20242.355.236.313
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25048F0072/00B002 | Wallonia | 3,951 m² | 1 · 966 m² | 8.5 m · 2 fl. |
| 21806F0099/00G005 | Brussels | 117 m² | 1 · 84 m² | 17.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
REGA BOUW
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P.D.R. CONSTRUCT
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GriKrisCo
BE 0876.202.978
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Bouwonderneming Hollevoet Martin
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LECOBOUW
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 7,321 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-2009
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43341Painting of buildings
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.