Financials
- Financial year
- 2024
- Total assets
- €1.5m
- Profit
- €48,983
- Solvency
- 37.2%
Total assets▲ 0.6%
Net result
20182024
DECORIT
ActiveSummary
DECORIT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For DECORIT, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €565,085 and a net result of €48,983. Equity is shrinking by about 2.6% per year across the filed financial years. Its solvency ranks better than 37% of 6,072 sector peers (NACE 64, financial year 2024). The company has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210Joinery installation NACE 43320
1 site
Size
€1.5mtotal assets 2024
- Staff
- 2.7 FTE
- Equity
- €565,085
- Profit
- €48,983
Turnover not published (abbreviated format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
- Parent
- S.AIR · 100%
- MAPASIDirector · permanent representative Steven Van der Elst
- S. Air InvestDirector · permanent representative Liselore Dermaut
- S.AIRDaily manager · permanent representative Nick Vandenbulcke
2025 accounts not filed, 86 days past the deadline2 of 8 deeds summarised
Signalsraises riskAnnual accounts not filed2024 accounts filed 12 days latelowers riskGrowing equityShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: One filing cycle is missing
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
Three signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €565,085
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 12 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
12 days late
2023
293 days late
2022
92 days late
2021
31 days late
2020
31 days late
2019
87 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 91 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (1)
- Purpose · Amendment of the articlesPurpose change · Capital
- Resignations: Marie-Christine Schepens (director) and Jan…Appointments: S. Air Invest BV…
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
By topic
Board & ownership
- Board
- 3 members
- Parent
- S.AIR · 100%
- MAPASIDirector
- S. Air InvestDirector
- S.AIRDaily manager
Network & group
- Group
- S. Air Invest
- Connected companies
- 3
Timeline
- Events
- 31
- Since
- 2000
- 20-05-2025Annual accounts filed
- 31-12-2024Highest result from 2018 to 2024
- 31-10-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Activities of holding companiesNACE 64210
- Founded
- 17-12-1998
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 18
- Annual meeting
- Second Saturday of June at 10:00
- Purpose
- “De fabricatie, de bewerking, de levering, de aankoop, de verkoop, de plaatsing, het…” (deed in Dutch)
Key facts about DECORIT
- What is the company number of DECORIT?
- 0464.773.025. In Belgium the VAT number is the company number with BE in front: BE 0464.773.025.
- Where is DECORIT based?
- The registered office is at Roombaardstraat 34, 9810 Nazareth-De Pinte.Company details
- What does DECORIT do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of DECORIT?
- Public limited company (NV).
- When was DECORIT founded?
- On 17-12-1998.
- Is DECORIT still active?
- Yes, DECORIT is an active enterprise in the KBO register.
- How many employees does DECORIT have?
- On average 2.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of DECORIT?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is DECORIT profitable?
- In financial year 2024, DECORIT made a profit of €48,983.
- Where can I find the annual accounts of DECORIT?
- DECORIT filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to DECORIT
Parent and group
- S.AIR100%
- S. Air Invest100%
Comparable companies
- HIRUNDO HORIZONSint-Gillis-Waas
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- JP MANAGEMENTWuustwezel
- FARKONA-INVESTAntwerpen
- L.O.F.Wevelgem
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