BETER WONEN
ActiveSummary
BETER WONEN has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €389,508 and a net result of €30,585. Equity has been growing by about 1.7% per year since 2018. Its solvency ranks better than 84% of 6,178 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-09-2005 Normal situation
- Activity
- Wholesale trade NACE 46442and 2 others
- Joint committees
- 201 Independent retail
- 100 Auxiliary committee for blue-collar workers · annual accounts 2025
- Establishment unit
- 2.162.516.614 3090 Overijse, since 01-10-2005
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- MAISIN DECORManaging director · permanent representative Maisin Thomas
- MAISIN ArnaudDirector
- MAISIN DECOR50%· score 852025 annual accounts of MAISIN DECOR
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €196,379
- ▼ 9.8%
- Turnover
- ≈ €1.0m
- estimated
- Profit
- €30,585
- ▲ 16.0%
- Equity
- €389,508
- ▲ 8.5%
- Total assets
- €495,743
- ▲ 1.1%
- Employees on 31-12-2025
- 5
- ▲ 25.0%
- 2025 accounts filed 59 days after the deadline
Score breakdownraises riskLast filed accounts filed 59 days late; 1 of the last 3 accounts latelowers riskFounded in 2005Equity €389,508 (78.6% of total assets)Liquidity: current ratio 4.30, cash €54,900Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 90% of them on solvency, 64% on liquidity, 32% on profitability and 62% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 43 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
2025 annual accounts filed 59 days after the deadline Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00528405.
Annual accounts 2025 filed on 28-09-2026 at the NBB all 21 filings
Every figure per financial year
The operating result for 2025 is 37% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 5 | 5 | 4 | 4 | 5 |
| full-time | 3 | 3 | 3 | 3 | 2 |
| part-time | 2 | 2 | 1 | 1 | 3 |
| in full-time equivalents | 4.1 | 4.1 | 3.2 | 3.2 | 3 |
| Average over the year, in full-time equivalents | 4.9 | 4.1 | 4 | 3.1 | 3.1 |
| On a permanent contract | 5 | 5 | 4 | 3 | 3 |
| Joined | 8 | 6 | 3 | 6 | 6 |
| Left | 11 | 6 | 4 | 6 | 4 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,235 | €88,222 | €15,995 | €20,987 | - |
| Depreciation and write-downs of the year | €15,730 | €16,287 | €25,556 | €22,426 | €21,434 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €14,492 | - |
| Remuneration, social security and pensions62 | - | - | - | €275,051 | €172,685 | €179,068 | €172,698 | €157,231 | ▼ 9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,112 | €9,857 | €12,475 | €15,730 | €16,287 | €25,556 | €22,426 | €21,434 | ▼ 4.4% |
| Other operating charges640/8 | - | - | - | €1,551 | €1,471 | €1,019 | €1,143 | €392 | ▼ 65.7% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €3,895 | - |
| Gross operating margin9900 | €248,898 | €244,621 | €253,682 | €260,191 | €204,968 | €284,154 | €217,737 | €196,379 | ▼ 9.8% |
| Operating profit (loss)9901 | -€19,775 | -€45,762 | -€35,366 | -€32,141 | €14,525 | €78,511 | €21,471 | €13,426 | ▼ 37.5% |
| Financial income75/76B | - | - | - | €1,869 | €649 | €1,305 | €24,392 | €46,023 | ▲ 88.7% |
| Recurring financial income75 | - | - | - | €1,869 | €649 | €1,305 | €24,392 | €46,023 | ▲ 88.7% |
| Financial charges65/66B | - | - | - | €212 | €1,024 | €2,294 | €4,253 | €21,766 | ▲ 412% |
| Recurring financial charges65 | €517 | - | - | €212 | €1,024 | €2,294 | €4,253 | €21,766 | ▲ 412% |
| Profit (loss) for the period before taxes9903 | -€20,560 | -€44,381 | -€29,470 | -€30,485 | €14,150 | €77,522 | €41,610 | €37,684 | ▼ 9.4% |
| Income taxes67/77 | €777 | - | - | - | €164 | €214 | €15,253 | €7,099 | ▼ 53.5% |
| Profit (loss) for the period9904 | -€21,337 | -€44,381 | -€29,470 | -€30,485 | €13,986 | €77,308 | €26,357 | €30,585 | ▲ 16.0% |
| Profit (loss) for the period to be appropriated9905 | -€21,337 | -€44,381 | -€29,470 | -€30,485 | €13,986 | €77,308 | €26,357 | €30,585 | ▲ 16.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €493,146 | €436,228 | €388,105 | €327,440 | €407,295 | €461,853 | €490,519 | €495,743 | ▲ 1.1% |
| Fixed assets21/28 | €14,006 | €30,004 | €54,913 | €39,183 | €111,118 | €101,556 | €100,118 | €78,683 | ▼ 21.4% |
| Tangible fixed assets22/27 | €13,408 | €29,356 | €53,815 | €38,085 | €110,020 | €100,458 | €99,020 | €77,585 | ▼ 21.6% |
| Land and buildings22 | - | - | - | - | €82,316 | €72,830 | €63,344 | €53,858 | ▼ 15.0% |
| Plant, machinery and equipment23 | - | - | - | €14,902 | €12,187 | €19,731 | €13,025 | €8,864 | ▼ 31.9% |
| Furniture and vehicles24 | - | - | - | €23,183 | €15,517 | €7,897 | €22,650 | €14,863 | ▼ 34.4% |
| Financial fixed assets28 | €598 | €648 | €1,098 | €1,098 | €1,098 | €1,098 | €1,098 | €1,098 | = |
| Current assets29/58 | €479,140 | €406,224 | €333,191 | €288,257 | €296,177 | €360,297 | €390,402 | €417,060 | ▲ 6.8% |
| Stocks and contracts in progress3 | €250,504 | €261,793 | €155,376 | €161,918 | €185,969 | €216,856 | €253,849 | €262,185 | ▲ 3.3% |
| Stocks30/36 | - | - | - | €161,918 | €185,969 | €216,856 | €253,849 | €262,185 | ▲ 3.3% |
| Amounts receivable within one year40/41 | €88,388 | €107,084 | €69,084 | €77,767 | €69,026 | €69,297 | €78,818 | €90,227 | ▲ 14.5% |
| Trade receivables40 | - | - | - | €69,767 | €69,026 | €69,297 | €78,801 | €81,755 | ▲ 3.7% |
| Other amounts receivable41 | - | - | - | €8,000 | - | - | €17 | €8,472 | ▲ 503× |
| Cash at bank and in hand54/58 | €140,248 | €37,346 | €108,415 | €46,967 | €39,508 | €71,637 | €55,558 | €54,900 | ▼ 1.2% |
| Deferred charges and accrued income490/1 | - | - | - | €1,606 | €1,675 | €2,506 | €2,176 | €9,748 | ▲ 348% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €493,146 | €436,228 | €388,105 | €327,440 | €407,295 | €461,853 | €490,519 | €495,743 | ▲ 1.1% |
| Equity10/15 | €345,607 | €301,226 | €271,756 | €241,271 | €255,257 | €332,565 | €358,922 | €389,508 | ▲ 8.5% |
| Contributions10/11 | €286,500 | €286,500 | €286,500 | €286,500 | €286,500 | €286,500 | €286,500 | €286,500 | = |
| Capital10 | - | - | - | €286,500 | €286,500 | €286,500 | €286,500 | €286,500 | = |
| Issued capital100 | - | - | - | €286,500 | €286,500 | €286,500 | €286,500 | €286,500 | = |
| Reserves13 | €31,307 | €31,307 | €31,307 | €31,307 | €31,307 | €31,307 | €31,307 | €31,307 | = |
| Non-distributable reserves130/1 | - | - | - | €28,650 | €28,650 | €28,650 | €28,650 | €28,650 | = |
| Legal reserve130 | - | - | - | €28,650 | €28,650 | €28,650 | €28,650 | €28,650 | = |
| Tax-exempt reserves132 | - | - | - | €2,657 | €2,657 | €2,657 | €2,657 | €2,657 | = |
| Profit (loss) carried forward14 | €27,800 | -€16,581 | -€46,051 | -€76,536 | -€62,550 | €14,758 | €41,115 | €71,700 | ▲ 74.4% |
| Amounts payable17/49 | €147,539 | €135,002 | €116,349 | €86,168 | €152,038 | €129,288 | €131,597 | €106,235 | ▼ 19.3% |
| Amounts payable after more than one year17 | - | - | - | - | €40,123 | €30,276 | €20,000 | €9,283 | ▼ 53.6% |
| Financial debts170/4 | - | - | - | - | €40,123 | €30,276 | €20,000 | €9,283 | ▼ 53.6% |
| Amounts payable within one year42/48 | €147,539 | €135,002 | €115,874 | €86,168 | €111,915 | €99,012 | €104,349 | €96,953 | ▼ 7.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €9,446 | €9,847 | €10,276 | €10,718 | ▲ 4.3% |
| Trade debts44 | €81,696 | €65,492 | €88,719 | €61,317 | €72,517 | €48,873 | €62,738 | €49,778 | ▼ 20.7% |
| Suppliers440/4 | - | - | - | €61,317 | €72,517 | €48,873 | €62,738 | €49,778 | ▼ 20.7% |
| Taxes, remuneration and social security45 | - | - | - | €24,822 | €29,907 | €40,216 | €31,336 | €35,961 | ▲ 14.8% |
| Taxes450/3 | - | - | - | - | €9,350 | €19,575 | €11,743 | €20,208 | ▲ 72.1% |
| Remuneration and social security454/9 | - | - | - | €24,822 | €20,557 | €20,641 | €19,593 | €15,752 | ▼ 19.6% |
| Other amounts payable47/48 | - | - | - | €30 | €46 | €76 | - | €497 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €7,247 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,337 | -€44,381 | -€29,470 | -€30,485 | €13,986 | €77,308 | €26,357 | €30,585 | ▲ 16.0% |
| + Depreciation and write-downs630 | €7,112 | €9,857 | €12,475 | €15,730 | €16,287 | €25,556 | €22,426 | €21,434 | ▼ 4.4% |
| Operating cash flow (approximation) | -€14,225 | -€34,523 | -€16,995 | -€14,754 | €30,273 | €102,865 | €48,783 | €52,020 | ▲ 6.6% |
| Investment in fixed assets (approximation) | - | -€25,856 | -€37,384 | €0 | -€88,222 | -€15,995 | -€20,987 | €0 | - |
| Change in cash | - | -€102,902 | €71,069 | -€61,449 | -€7,459 | €32,129 | -€16,079 | -€659 | ▲ 95.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as BETER WONEN has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BETER WONEN itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 31,368 companies, not a prediction for BETER WONEN. 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.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 28-09-2026 | 2026-00528405 | |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00463173 | |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00418290 | |
| 31-12-2022 | abbreviated format | 09-08-2023 | 2023-00321239 | |
| 31-12-2021 | abbreviated format | 24-08-2022 | 2022-20319497 | |
| 31-12-2020 | abbreviated format | 28-08-2021 | 2021-57400447 | |
| 31-12-2019 | abbreviated format | 28-11-2020 | 2020-72900241 | |
| 31-12-2018 | abbreviated format | 31-08-2019 | 2019-60700273 | |
| 31-12-2017 | abbreviated format | 07-09-2018 | 2018-62400361 | |
| 31-12-2016 | abbreviated format | 18-08-2017 | 2017-44900380 |
Board & ownership
Directors
Board 2
Day-to-day management 1
Permanent representatives 1
Owners and capital
Shareholders
1 ownerOwners 1
- Equity €131,239 Profit of €43,532 in 2025 (profit of €37,170 in 2024) Checked score 8550%
Owners through the years 2021 to 2025
| Name | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| MAISIN DECOR | 50% | ||||
Source: lists of holdings in the owners' accounts
Mandate history
- Board
- Day-to-day management
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| MAISIN DECOR |
|
| MAISIN Arnaud |
|
| MAISIN Michel |
|
| MAISIN Luc |
|
Network & group
Companies at the same address
1 other companyConnections & network
2 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Deeds, filings and financial milestones
29-05
Gazette deed
Resignation: MAISIN Michel (director)Appointment: MAISIN Arnaud (director)3 points ▸
- General meeting, 12-02-2024
- Director resignation, MAISIN Michel
- Director appointment, MAISIN Arnaud (director (not named in the articles))
- The deed holds 1 more point.
07-11
Gazette deed
Resignation: MAISIN Michel (managing director)Appointment: MAISIN DECOR BV (managing director)3 points ▸
- Board meeting, 01-10-2022
- Director resignation, MAISIN Michel (managing director)
- Director appointment, MAISIN DECOR BV (managing director)
06-12
Gazette deed
Resignation: MAISIN Luc (director)Appointment: MAISIN DECOR BV (director) · Director discharge: MAISIN Luc4 points ▸
- General meeting, 16-11-2021
- Director resignation, MAISIN Luc
- Director discharge, MAISIN Luc
- Director appointment, MAISIN DECOR BV
- The deed holds 1 more point.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23546L0157/00L000 | Flanders | 629 m² | 1 · 672 m² | 15.2 m · 3 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.