DECO-MIND
ActiveDECO-MIND has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191k and a net result of €75k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 78% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency99▼-1
Growth78=
Track record100
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 3.71 against 4.14 in 2024; short-term debt: 26.4% and cash: 83.2% of total assets), and 26.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
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
73.5%
Return on assets
28.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
45 d early
2023
43 d early
2022
38 d early
2021
39 d early
2020
33 d early
2019
31 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€191k▲ 23.5%
2024 · €155k
2018: €47k
2019: €47k
2020: €47k
2021: €63k
2022: €72k
2023: €82k
2024: €155k
2018 → 2025
Total assets
€260k▲ 29.1%
2024 · €201k
2018: €85k
2019: €103k
2020: €78k
2021: €146k
2022: €122k
2023: €140k
2024: €201k
2018 → 2025
Net result
€75k▲ 3.2%
2024 · €73k
2018: €6k
2019: €57
2020: €-302
2021: €28k
2022: €10k
2023: €16k
2024: €73k
2018 → 2025
Working capital
€186k▲ 28.2%
2024 · €145k
2018: €29k
2019: €11k
2020: €37k
2021: €35k
2022: €51k
2023: €67k
2024: €145k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€72k▲ 15.3%€82k▲ 13.3%€155k▲ 88.5%€191k▲ 23.5%
Operating result€39k-€18k▼ 55.2%€22k▲ 26.3%€101k▲ 355%€105k▲ 3.6%
Net result€28k-€10k▼ 62.6%€16k▲ 50.1%€73k▲ 361%€75k▲ 3.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €260k
Fixed assets
€5k▼ 48.6%
Current assets
€255k▲ 33.1%
Equity and liabilities €260k
Equity
€191k▲ 23.5%
Debt
€69k▲ 47.8%
The debt ratio rises from 23.1% to 26.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€110k▲
2024 · €107k
Cash flow
€80k▲
2024 · €78k
Solvency
73.5%▼
2024 · 76.9%
Current ratio
3.71▼
2024 · 4.14
Quick ratio
3.71▼
2024 · 4.14
Debt / equity
0.36▲
2024 · 0.30
ROE
39.2%▼
2024 · 46.9%
ROA
28.8%▼
2024 · 36.1%
Interest coverage
161.79▼
2024 · 165.73
Debt
€69k▲
2024 · €46k
Debt ≤ 1 year
€69k▲
2024 · €46k
Income taxes
€31k▼
2024 · €31k
Staff costs
€104k▼
2024 · €122k
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€201k€260k▲
Fixed assets21/28€10k€5k▼
Tangible fixed assets22/27€9k€4k▼
Plant, machinery and equipment23€3k€892▼
Furniture and vehicles24€6k€3k▼
Financial fixed assets28€1k€1k▲
Current assets29/58€191k€255k▲
Amounts receivable within one year40/41€80k€31k▼
Trade receivables40€67k€30k▼
Other amounts receivable41€13k€963▼
Cash at bank and in hand54/58€105k€216k▲
Deferred charges and accrued income490/1€6k€8k▲
Equity and liabilities
Total equity and liabilities10/49€201k€260k▲
Equity10/15€155k€191k▲
Contributions10/11€6k€6k=
Reserves13€129k€165k▲
Distributable reserves133€129k€165k▲
Profit (loss) carried forward14€20k€20k=
Amounts payable17/49€46k€69k▲
Amounts payable within one year42/48€46k€69k▲
Trade debts44€30k€8k▼
Suppliers440/4€30k€8k▼
Taxes, remuneration and social security45€16k€22k▲
Taxes450/3€16k€22k▲
Other amounts payable47/48-€39k
Accrued charges and deferred income492/3€265€42▼
Income statement
Code20242025
Remuneration, social security and pensions62€122k€104k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€809€1k▲
Gross operating margin9900€229k€215k▼
Operating profit (loss)9901€101k€105k▲
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€644€679▲
Recurring financial charges65€644€679▲
Profit (loss) for the period before taxes9903€104k€106k▲
Income taxes67/77€31k€31k▼
Profit (loss) for the period9904€73k€75k▲
Profit (loss) for the period to be appropriated9905€73k€75k▲
Appropriation of the result
Profit (loss) to be appropriated9906€92k€95k▲
Profit (loss) brought forward from the previous period14P€20k€20k=
Transfer from equity791/2-€39k
Transfer to equity691/2€73k€75k▲
To other reserves6921€73k€75k▲
Profit to be distributed694/7-€39k
Directors or managers695-€39k
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
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €75k ▲3.2%
Operating result €105k, net result €75k, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €155k ▲88.5%
4 profitable years in a row build equity to €155k.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-302 ▼629%
Net result drops to €-302, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 3.11
Current ratio from 1.21 to 3.11; short-term debt falls from €53k to €18k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ardooie · 1 establishment unit since 2006
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.
Bessenstraat 58850 ArdooieGround area
573 m²
Building footprint
208 m²
Volume, LiDAR
1,112 m³
Parcel 36001A0795/00F002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Deco-Mind
since 20062.151.235.118
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001A0795/00F002 | Flanders | 573 m² | 1 · 208 m² | 8.9 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.
Recognitions · licences · registrations
Recognised contractor
2 categoriesDECO-MIND BV30137
Similar companies · same sector, comparable size
Schilderwerken Bo
BE 0807.260.724
Gent · Eq €191k
S.V.K. Coating
BE 0750.552.643
Wommelgem · Eq €191k
WOONINRICHTING GRALLER
BE 0420.057.609
Houthalen-Helchteren · Eq €191k
LERUSTE
BE 0832.641.268
Oreye · Eq €191k
VAK EN DECO HEIST
BE 1003.407.887
Halen · Eq €191k
Of 7,864 companies in sector 43341 we hold annual accounts for 2,664. 2,079 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2006
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
43332Laying of wooden floor and wall coverings
43333Wallpapering and laying of floor and wall coverings in other materials
45432
45433
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.