DECOR STYLE SRL
ActiveDECOR STYLE SRL has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €7k. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 69% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+61
Solvency89▲+15
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 0.81 in 2024; short-term debt: 26.3% and cash: 0.2% of total assets), and 35.8% 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
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
64.2%
Return on assets
5.9%
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
1 d early
2023
26 d early
2022
31 d early
2021
40 d early
2020
50 d early
2019
4 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€80k▲ 10.1%
2024 · €72k
2018: €100k
2019: €82k
2020: €108k
2021: €57k
2022: €82k
2023: €88k
2024: €72k
2018 → 2025
Total assets
€124k▼ 16.4%
2024 · €148k
2018: €169k
2019: €147k
2020: €135k
2021: €153k
2022: €131k
2023: €147k
2024: €148k
2018 → 2025
Net result
€7k
2024 · €-16k
2018: €-1k
2019: €-18k
2020: €27k
2021: €-26k
2022: €25k
2023: €6k
2024: €-16k
2018 → 2025
Working capital
€9k
2024 · €-11k
2018: €-18k
2019: €-17k
2020: €18k
2021: €-36k
2022: €-6k
2023: €-5k
2024: €-11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€82k▲ 43.2%€88k▲ 7.8%€72k▼ 17.8%€80k▲ 10.1%
Operating result€-24k-€32k€9k▼ 70.8%€-13k€12k
Net result€-26k-€25k€6k▼ 74.0%€-16k€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €12k after a loss of €13k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124k
Fixed assets
€82k▼ 18.3%
Current assets
€42k▼ 12.3%
Equity and liabilities €124k
Equity
€80k▲ 10.1%
Provisions
€1k=
Debt
€43k▼ 42.2%
The debt ratio falls from 50.6% to 35.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▲
2024 · €4k
Cash flow
€23k▲
2024 · €868
Solvency
64.2%▲
2024 · 48.8%
Current ratio
1.29▲
2024 · 0.81
Quick ratio
0.62▲
2024 · 0.42
Debt / equity
0.54▼
2024 · 1.04
ROE
9.2%▲
2024 · -21.6%
ROA
5.9%▲
2024 · -10.5%
Interest coverage
7.50▲
2024 · 1.07
Debt
€43k▼
2024 · €75k
Debt ≤ 1 year
€33k▼
2024 · €59k
Debt > 1 year
€11k▼
2024 · €16k
Income taxes
€734▲
2024 · €-594
Staff costs
€103k▼
2024 · €112k
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€148k€124k▼
Fixed assets21/28€101k€82k▼
Tangible fixed assets22/27€98k€81k▼
Land and buildings22€61k€54k▼
Plant, machinery and equipment23€26k€22k▼
Furniture and vehicles24€11k€5k▼
Financial fixed assets28€3k€687▼
Current assets29/58€48k€42k▼
Stocks and contracts in progress3€23k€22k▼
Stocks30/36€23k€22k▼
Amounts receivable within one year40/41€21k€16k▼
Trade receivables40€17k€14k▼
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€303€304▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€148k€124k▼
Equity10/15€72k€80k▲
Contributions10/11€19k€19k=
Reserves13€33k€40k▲
Distributable reserves133€33k€40k▲
Profit (loss) carried forward14€21k€21k=
Provisions and deferred taxes16€1k€1k=
Provisions for liabilities and charges160/5€1k€1k=
Other liabilities and charges164/5€1k€1k=
Amounts payable17/49€75k€43k▼
Amounts payable after more than one year17€16k€11k▼
Financial debts170/4€16k€11k▼
Amounts payable within one year42/48€59k€33k▼
Current portion of amounts payable after more than one year42€6k€6k▼
Financial debts43€14k€7k▼
Credit institutions430/8€14k€7k▼
Trade debts44€30k€10k▼
Suppliers440/4€30k€10k▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€0€973▲
Remuneration and social security454/9€5k€3k▼
Other amounts payable47/48€5k€6k▲
Income statement
Code20242025
Non-recurring operating income76A€5k€0▼
Remuneration, social security and pensions62€112k€103k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€16k▼
Other operating charges640/8€5k€4k▼
Non-recurring operating charges66A-€400
Gross operating margin9900€121k€136k▲
Operating profit (loss)9901€-13k€12k▲
Financial income75/76B€22€1▼
Recurring financial income75€22€1▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€-16k€8k▲
Income taxes67/77€-594€734▲
Profit (loss) for the period9904€-16k€7k▲
Profit (loss) for the period to be appropriated9905€-16k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€28k▲
Profit (loss) brought forward from the previous period14P€37k€21k▼
Transfer to equity691/2€0€7k▲
To other reserves6921€0€7k▲
The notes to these accounts (15 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-26k ▼199%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €27k
Net result €27k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.93
Current ratio from 0.66 to 1.93; short-term debt falls from €50k to €19k.
31-12
Financial
Equity above €100kEq €108k ▲32.4%
Equity rises from €82k to €108k.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-06-2022
ETIENNE HOLDING: Resigned as Director
01-09-2014
ETIENNE Miguel: Resigned as Managing director
Location & real-estate footprint
Registered office, Saint-Hubert · 1 establishment unit since 1998
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 des Bois 206870 Saint-HubertGround area
1,449 m²
Building footprint
251 m²
Volume, LiDAR
1,628 m³
Parcel 84059A1920/00B005, Wallonia · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Bois 20, 6870 Saint-Hubert
since 19982.088.975.865
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84059A1920/00B005 | Wallonia | 1,449 m² | 1 · 251 m² | 10.4 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.
Recognitions · licences · registrations
Recognised contractor
2 categoriesDECOR STYLE SRL SRL26772
Similar companies · same sector, comparable size
Transformation Lejeune
BE 0500.875.138
Chapelle-lez-Herlaimont · Eq €80k
CK DECOR
BE 0701.951.485
Gent · Eq €80k
Gaemento
BE 1017.825.453
Roeselare · Eq €80k
PEINTURE MATHIEU FRERES
BE 0882.418.304
Beyne-Heusay · Eq €80k
BAELDE FRANZ
BE 0800.505.861
Kortrijk · Eq €80k
Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 2,312 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-07-1998
Fiscal year end31-12
Abbreviation FR
D.S. SRL
Activities, NACEBEL
43341Painting of buildings
45441
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
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 · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.