DECORMAT LIEGE

Active

Public limited companyfounded 20197 yrs activeRue Saint-Léonard 282, 4000 Liège, BelgiumKBO/BCE: BE 0721.627.144

The computed 12-month bankruptcy probability of DECORMAT LIEGE is 1.6% (moderate). The 2024 annual accounts show equity of €59k and a net result of €6k. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 66% of 26046 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

65 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability51▼-27

Solvency77▲+6

Growth58=

Track record100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days acceptable

Liquidity ample (current ratio 2.07 against 1.86 in 2023; short-term debt: 48.4% and cash: 71.2% of total assets), and 48.4% of the assets are financed with debt.

How do we compute the score and the probability?

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

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

51.6%

Return on assets

5.3%

Age of the figures

21 mo

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 2024

Equity per financial year

192021222324

2019 to 2024 · latest year €59k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 6 filings

Deviation from the deadline

2025

not confirmed

2024

60 d late

2023

89 d late

2022

76 d late

2021

30 d late

2020

27 d late

2019

63 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€6k▼ 26.8%

2023 · €8k

2019: €-1k 2020: €24k 2021: €-29k 2022: €-11k 2023: €8k

2019 → 2024

Working capital

€59k▲ 11.5%

2023 · €53k

2019: €52k 2020: €88k 2021: €65k 2022: €43k 2023: €53k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€85k-€56k▼ 33.9%€45k▼ 19.7%€53k▲ 18.5%€59k▲ 11.5%

Operating result€26k-€-28k€-10k▲ 64.1%€9k€12k▲ 39.1%

Net result€24k-€-29k€-11k▲ 61.7%€8k€6k▼ 26.8%

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 39% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €115k

51.6%

48.4%

Equity €59k▲ 11.5%

Debt €56k▼ 10.6%

The debt ratio falls from 53.9% to 48.4%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

Solvency

51.6%▲

2023 · 46.1%

Current ratio

2.07▲

2023 · 1.86

Quick ratio

1.90▲

2023 · 1.18

Debt / equity

0.94▼

2023 · 1.17

ROE

10.3%▼

2023 · 15.6%

ROA

5.3%▼

2023 · 7.2%

Debt

€56k▼

2023 · €62k

Debt ≤ 1 year

€56k▼

2023 · €62k

Income taxes

€3k

Staff costs

€25k▼

2023 · €35k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€115k€115k▼

Current assets29/58€115k€115k▼

Stocks and contracts in progress3€42k€9k▼

Stocks30/36€42k€9k▼

Amounts receivable within one year40/41€6k€24k▲

Trade receivables40€6k€4k▼

Other amounts receivable41-€20k

Cash at bank and in hand54/58€67k€82k▲

Deferred charges and accrued income490/1€20€20=

Equity and liabilities

Total equity and liabilities10/49€115k€115k▼

Equity10/15€53k€59k▲

Contributions10/11€62k€62k=

Capital10€62k€62k=

Issued capital100€62k€62k=

Profit (loss) carried forward14€-9k€-3k▲

Amounts payable17/49€62k€56k▼

Amounts payable within one year42/48€62k€56k▼

Trade debts44€30k€37k▲

Suppliers440/4€30k€37k▲

Taxes, remuneration and social security45€17k€18k▲

Taxes450/3€9k€13k▲

Remuneration and social security454/9€8k€5k▼

Other amounts payable47/48€16k€1k▼

Income statement Code20232024

Remuneration, social security and pensions62€35k€25k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-

Other operating charges640/8€1k€3k▲

Gross operating margin9900€48k€40k▼

Operating profit (loss)9901€9k€12k▲

Financial income75/76B€10-

Recurring financial income75€10-

Financial charges65/66B€409€3k▲

Recurring financial charges65€409€3k▲

Profit (loss) for the period before taxes9903€8k€9k▲

Income taxes67/77-€3k

Profit (loss) for the period9904€8k€6k▼

Profit (loss) for the period to be appropriated9905€8k€6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-9k€-3k▲

Profit (loss) brought forward from the previous period14P€-17k€-9k▲

Social balance

Average headcount (FTE)90871.1-

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Timeline · acts, filings and financial milestones

All 10Financial 4Filings 6

2025

29-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 60 days late

2024

28-10

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 89 days late

2023

31-12

Financial Back to profitnet €8k

Net result €8k after 2 loss-making years.

15-10

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 76 days late

2022

30-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 30 days late

2021

31-12

Financial Weakest financial yearnet €-29k ▼221%

Net result drops to €-29k, the lowest in the series; recovery starts the following year.

27-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 27 days late

2020

31-12

Financial Back to profitnet €24k

Net result €24k after one loss-making year.

31-12

Financial Liquidity doublescurrent ratio 3.91

Current ratio from 1.69 to 3.91; short-term debt falls from €75k to €30k.

02-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 63 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Liège · 1 establishment unit since 2019

establishment The establishment unit on the map

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 Saint-Léonard 2824000 Liège

Ground area

3,670 m²

Building footprint

924 m²

Volume, LiDAR

6,688 m³

2 parcels, Wallonia · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

DECORMAT LIEGE

Rue Saint-Léonard 195, 4000 LiègeWholesale of non-electrical household articles

since 20192.292.297.763

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62810B0450/00M000	Wallonia	2,034 m²	1 · 599 m²	13.6 m · 2 fl.
62810B0584/00P003	Wallonia	1,636 m²	1 · 326 m²	11.8 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Ziloo Interior Concept

Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,233 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded27-02-2019

Fiscal year end31-12

Activities, NACEBEL

47551Retail sale of household furniture

47591Retail trade

47552Retail sale of lighting equipment

47553Retail trade

47592Retail trade

47593Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.