COUVY - DECOR
ActiveCOUVY - DECOR has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €340k and a net result of €-21k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 62% of 27446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency88▼-3
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.65 in 2024), and 42.3% 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 43
Relative position
BE, all sectors
reference
Sector 43
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€21k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
61 d late
2023
86 d late
2022
70 d late
2021
30 d late
2020
88 d late
2019
90 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€340k▼ 5.9%
2024 · €362k
2018: €345k
2019: €345k
2020: €383k
2021: €369k
2022: €370k
2023: €363k
2024: €362k
2018 → 2025
Total assets
€590k▼ 1.5%
2024 · €599k
2018: €605k
2019: €617k
2020: €670k
2021: €623k
2022: €658k
2023: €609k
2024: €599k
2018 → 2025
Net result
€-21k▼ 1,410%
2024 · €-1k
2018: €10k
2019: €12k
2020: €38k
2021: €-7k
2022: €672
2023: €-7k
2024: €-1k
2018 → 2025
Working capital
€140k▼ 7.7%
2024 · €152k
2018: €109k
2019: €100k
2020: €149k
2021: €134k
2022: €129k
2023: €132k
2024: €152k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€369k-€370k▲ 0.2%€363k▼ 1.9%€362k▼ 0.4%€340k▼ 5.9%
Operating result€-2k-€13k€3k▼ 79.2%€9k▲ 218%€-18k
Net result€-7k-€672€-7k€-1k▲ 79.5%€-21k▼ 1,410%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €9k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €590k
Fixed assets
€200k▼ 6.1%
Current assets
€390k▲ 1.0%
Equity and liabilities €590k
Equity
€340k▼ 5.9%
Debt
€249k▲ 5.1%
The debt ratio rises from 39.6% to 42.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-663▼
2024 · €37k
Cash flow
€-4k▼
2024 · €27k
Solvency
57.7%▼
2024 · 60.4%
Current ratio
1.56▼
2024 · 1.65
Quick ratio
0.90▼
2024 · 0.92
Debt / equity
0.73▲
2024 · 0.66
ROE
-6.3%▼
2024 · -0.4%
ROA
-3.6%▼
2024 · -0.2%
Interest coverage
-0.06▼
2024 · 2.66
Debt
€249k▲
2024 · €237k
Debt ≤ 1 year
€249k▲
2024 · €234k
Income taxes
€165▼
2024 · €400
Staff costs
€102k▼
2024 · €172k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€599k€590k▼
Fixed assets21/28€213k€200k▼
Tangible fixed assets22/27€203k€190k▼
Land and buildings22€159k€159k=
Plant, machinery and equipment23€37k€28k▼
Furniture and vehicles24€7k€3k▼
Financial fixed assets28€10k€10k=
Current assets29/58€386k€390k▲
Stocks and contracts in progress3€171k€165k▼
Stocks30/36€171k€165k▼
Amounts receivable within one year40/41€55k€57k▲
Trade receivables40€40k€41k▲
Other amounts receivable41€15k€16k▲
Current investments50/53€7k€7k=
Cash at bank and in hand54/58€146k€155k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€599k€590k▼
Equity10/15€362k€340k▼
Contributions10/11€82k€82k=
Reserves13€280k€280k=
Tax-exempt reserves132€16k€16k=
Distributable reserves133€264k€264k=
Profit (loss) carried forward14-€-21k
Amounts payable17/49€237k€249k▲
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€234k€249k▲
Current portion of amounts payable after more than one year42€3k€4k▲
Financial debts43€175k€175k=
Credit institutions430/8€175k€175k=
Trade debts44€38k€47k▲
Suppliers440/4€38k€47k▲
Taxes, remuneration and social security45€17k€19k▲
Taxes450/3€4k€5k▲
Remuneration and social security454/9€13k€15k▲
Other amounts payable47/48€764€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€172k€102k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€17k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€212k€103k▼
Operating profit (loss)9901€9k€-18k▼
Financial income75/76B€4k€7k▲
Recurring financial income75€4k€7k▲
Financial charges65/66B€14k€10k▼
Recurring financial charges65€14k€10k▼
Profit (loss) for the period before taxes9903€-1k€-21k▼
Income taxes67/77€400€165▼
Profit (loss) for the period9904€-1k€-21k▼
Profit (loss) for the period to be appropriated9905€-1k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-21k▼
Transfer from equity791/2€1k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 86 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Back to profitnet €672
Net result €672 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Highest result since 2018net €38k ▲208%
Operating result €56k, net result €38k, both a record.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Couvin · 1 establishment unit since 1979
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.
Rue de la Marcelle 1445660 CouvinGround area
545 m²
Building footprint
69 m²
Parcel 93014C0418/00Z002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de la Marcelle 144, 5660 Couvin
since 19792.038.773.912
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93014C0418/00Z002 | Wallonia | 545 m² | 1 · 69 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
2 categoriesCOUVY - DECOR SRL21063
Similar companies · same sector, comparable size
SCHILDERWERKEN - VAN DEN ABBEELE
BE 0477.021.551
Merelbeke-Melle · Eq €340k
AG SCHOLL SA
BE 0424.813.973
Eupen · Eq €340k
J-L GOFFINET DECORATION D'INTERIEUR
BE 0894.765.315
Arlon · Eq €341k
ALPEINT
BE 0892.856.492
Koekelberg · Eq €341k
DARTEVELLE JACQUES
BE 0437.493.853
Binche · Eq €339k
Of 7,817 companies in sector 43341 we hold annual accounts for 2,639. 1,734 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-02-1979
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
47521Retail sale of hardware, building materials, paint and glass (general range)
47783Retail trade
47784Retail trade
52461
52488
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.