D & V DECOR
ActiveD & V DECOR has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119k and a net result of €163k. Equity is shrinking by ~9% per year across the filed fiscal years. Its solvency ranks better than 28% of 7931 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency48▼-17
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.57 in 2024; short-term debt: 56.9% and cash: 56% of total assets), and 77% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
23%
Return on assets
31.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €119k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 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
4 d late
2024
31 d early
2023
27 d late
2022
23 d late
2021
29 d late
2020
31 d late
2019
101 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€119k▲ 7.0%
2024 · €112k
2018: €168k
2019: €203k
2020: €238k
2021: €193k
2022: €138k
2023: €100k
2024: €112k
2018 → 2025
Total assets
€520k▲ 85.0%
2024 · €281k
2018: €565k
2019: €420k
2020: €456k
2021: €490k
2022: €369k
2023: €203k
2024: €281k
2018 → 2025
Net result
€163k▲ 137%
2024 · €69k
2018: €-22k
2019: €36k
2020: €35k
2021: €45k
2022: €209
2023: €-2k
2024: €69k
2018 → 2025
Working capital
€91k▼ 3.2%
2024 · €94k
2018: €165k
2019: €124k
2020: €188k
2021: €55k
2022: €54k
2023: €67k
2024: €94k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€193k-€138k▼ 28.6%€100k▼ 27.0%€112k▲ 11.2%€119k▲ 7.0%
Operating result€49k-€4k▼ 91.8%€2k▼ 44.1%€69k▲ 2,959%€170k▲ 147%
Net result€45k-€209▼ 99.5%€-2k€69k€163k▲ 137%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 147% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €520k
Fixed assets
€133k▲ 587%
Current assets
€387k▲ 50.1%
Equity and liabilities €520k
Equity
€119k▲ 7.0%
Debt
€400k▲ 137%
The debt ratio rises from 60.2% to 77.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€188k▲
2024 · €93k
Cash flow
€181k▲
2024 · €93k
Solvency
23.0%▼
2024 · 39.8%
Current ratio
1.31▼
2024 · 1.57
Quick ratio
1.19▼
2024 · 1.39
Debt / equity
3.35▲
2024 · 1.52
ROE
136.3%▲
2024 · 61.6%
ROA
31.3%▲
2024 · 24.5%
Interest coverage
47.01▼
2024 · 233.63
Debt
€400k▲
2024 · €169k
Debt ≤ 1 year
€296k▲
2024 · €164k
Debt > 1 year
€104k▲
2024 · €5k
Income taxes
€4k▲
2024 · €108
Staff costs
€102k▲
2024 · €100k
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€281k€520k▲
Formation expenses20€4k-
Fixed assets21/28€19k€133k▲
Tangible fixed assets22/27€19k€133k▲
Land and buildings22€2k€5▼
Plant, machinery and equipment23€2k€704▼
Furniture and vehicles24€4k€5k▲
Other tangible fixed assets26€12k€127k▲
Financial fixed assets28€232€232=
Current assets29/58€258k€387k▲
Amounts receivable after more than one year29€57k-
Other amounts receivable291€57k-
Stocks and contracts in progress3€30k€34k▲
Stocks30/36€30k€34k▲
Amounts receivable within one year40/41€36k€60k▲
Trade receivables40€35k€59k▲
Other amounts receivable41€275€1k▲
Cash at bank and in hand54/58€134k€291k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€281k€520k▲
Equity10/15€112k€119k▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€49k€57k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€217€217=
Distributable reserves133€43k€50k▲
Amounts payable17/49€169k€400k▲
Amounts payable after more than one year17€5k€104k▲
Financial debts170/4€5k€104k▲
Amounts payable within one year42/48€164k€296k▲
Current portion of amounts payable after more than one year42€4k€20k▲
Financial debts43€4k-
Credit institutions430/8€4k-
Trade debts44€76k€95k▲
Suppliers440/4€76k€95k▲
Taxes, remuneration and social security45€22k€29k▲
Taxes450/3€10k€17k▲
Remuneration and social security454/9€12k€12k▲
Other amounts payable47/48€58k€152k▲
Accrued charges and deferred income492/3€290€211▼
Income statement
Code20242025
Remuneration, social security and pensions62€100k€102k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€18k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-510
Other operating charges640/8€4k€4k▲
Gross operating margin9900€196k€293k▲
Operating profit (loss)9901€69k€170k▲
Financial income75/76B€589€1k▲
Recurring financial income75€589€1k▲
Financial charges65/66B€397€4k▲
Recurring financial charges65€397€4k▲
Profit (loss) for the period before taxes9903€69k€167k▲
Income taxes67/77€108€4k▲
Profit (loss) for the period9904€69k€163k▲
Profit (loss) for the period to be appropriated9905€69k€163k▲
Appropriation of the result
Profit (loss) to be appropriated9906€67k€163k▲
Profit (loss) brought forward from the previous period14P€-2k-
Transfer to equity691/2€9k€8k▼
To other reserves6921€9k€8k▼
Profit to be distributed694/7€58k€155k▲
Directors or managers695€58k€150k▲
Employees696-€5k
The notes to these accounts (8 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
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
31-12
Financial
Highest result since 2018net €163k ▲137%
Operating result €170k, net result €163k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €69k
Net result €69k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 101 days late
2019
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
31-12
Financial
Equity above €200kEq €203k ▲21.3%
Equity rises from €168k to €203k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Oostende · 1 establishment unit since 1993
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.
Torhoutsesteenweg 6388400 OostendeGround area
661 m²
Building footprint
811 m²
Volume, LiDAR
5,479 m³
Parcel 35020A0297/00F002, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HEYTENS
since 19932.034.207.091
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020A0297/00F002 | Flanders | 660 m² | 1 · 811 m² | 7.4 m · 2 fl. |
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.
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PAMA
BE 0422.102.626
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SAPO
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Of 470 companies in sector 46442 we hold annual accounts for 333. 220 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-12-1986
Fiscal year end31-12
Activities, NACEBEL
46442Wholesale trade
47530Retail trade
51442
52486
73120Media representation
82990Other business support services
85592Vocational training
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 38 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.