DECO-MIND
ActiveSummary
DECO-MIND has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €190,985 and a net result of €74,899. Equity has been growing by about 22% per year since 2018. Its solvency ranks better than 79% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 13-01-2006 Normal situation
- Activity
- Painting of buildings NACE 43341and 2 others
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
- Establishment unit
- 2.151.235.118 8850 Ardooie, since 25-01-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €214,925
- ▼ 6.3%
- Turnover
- ≈ €710,000
- estimated
- Profit
- €74,899
- ▲ 3.2%
- Equity
- €190,985
- ▲ 23.5%
- Total assets
- €259,689
- ▲ 29.1%
- Employees on 31-12-2025
- 2
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.71, cash €216,179Equity €190,985 (73.5% of total assets)Founded in 2006Show the evidence
Checked score
Fewer than 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 43, micro). It does better than 79% of them on solvency, 87% on liquidity, 92% on profitability and 70% 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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Signals
The company filed its last 7 accounts on average 39 days before 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.
Searched, nothing found (2)
Key points
- Positive: Higher net result than 92% of companies in specialised constructionsector median €10,221 · 34,933 companies €74,899 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 5 profitable years in a rowprofit 2025: €74,899 5 years View
Recent changes
- · Gazette deed Change of role: Davy VAN ACKER, from statutory director to director
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as DECO-MIND: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €244,000 and €287,000, founded between 2004 and 2009.
| Company | Total assets | Gross margin |
|---|---|---|
| DECO-MIND Ardooie | €259,689 | €214,925 |
| BALTENS Brugge | €286,817 | €211,261 |
| DEKORATIE VANLERBERGHE WOUTER Anzegem | €244,243 | €204,932 |
| ATELIER 40 Nieuwpoort | €244,646 | €232,525 |
| BO-PAINT Deinze | €276,389 | €225,984 |
| ZAMETEIRE Overijse | €255,981 | €182,477 |
| G&V DECOR Gent | €279,826 | €225,988 |
Key facts about DECO-MIND
- What is the company number of DECO-MIND?
- The company number of DECO-MIND is 0878.626.295. The VAT number is the same number with BE in front: BE 0878.626.295.
- Where is DECO-MIND based?
- The registered office is at Bessenstraat 5, 8850 Ardooie.Company details
- What does DECO-MIND do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of DECO-MIND?
- The legal form of DECO-MIND is Private limited company (BV).
- When was DECO-MIND founded?
- DECO-MIND was founded on 13-01-2006.
- Is DECO-MIND still active?
- Yes, DECO-MIND is an active enterprise in the KBO register.
- How many employees does DECO-MIND have?
- DECO-MIND had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DECO-MIND fall under?
- In its 2025 annual accounts, DECO-MIND states joint committee 124 (Paritair Comité voor het bouwbedrijf).
- What is the turnover of DECO-MIND?
- The turnover in financial year 2025 is ≈ €710,000. This figure is estimated from the gross margin of €214,925 and 62 comparable companies (NACE 433). It probably lies between €500,000 and €1.1m.
- Is DECO-MIND profitable?
- In financial year 2025, DECO-MIND made a profit of €74,899.
- Where can I find the annual accounts of DECO-MIND?
- DECO-MIND filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DECO-MIND due?
- DECO-MIND must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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