Skip to content

DECORUM

Active Public limited companyfounded 1990active for 35 yearsMarie Van Brusselstraat 8, 9140 TemseKBO/BCE: BE 0442.558.936
DECORUM
Follow ReportCompare

Overview

Lifetime

20 annual accounts with figures on one time axis, 35 filings since 1991
peak €212,406 (2023)
€80,031▼ 59.9%
lowest -€32,505 (2013)
-€3,842▼ €57,754
peak €408,128 (2024)
€404,286▼ 0.9%
€169,850▼ 26.6%
peak 0.2 FTE (2012)
-not published
Board3 names since 2015
1 directorLuc Stuer
Documentsfilings and deeds
08-06-202653 days before the deadline
2025micro format
Gross margin from €199,605 to €80,031Loss of €3,842Debts from €231,538 to €169,850

Key points

from the 2025 annual accounts

Result

-€3,842 -€3,842
€53,9002024-€3,8402025

From profit to loss in 2025, after a profit of €53,912 in 2024.

Filings

35 annual accounts since 1991
AprilJune31 JulyOctober200020102020

Six of the last ten came late. The 2019 accounts came latest: 158 days after the end of the period.

Position in the sector

-€3,842

Lower net result than 85% of companies in architecture and engineering. Sector median €16,690 · 11,795 companies.

Checked score

92
Excellent
Financially stronger than 39% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

92+6equity 67.1% of total assets
47+3short-term debt 15.8% · cash 0.9%
68-11return on assets -0.6%

Score breakdown

raises risk
Liquidity: current ratio 1.08, cash €5,175
lowers risk
Size: total assets €602,172
Figures for financial year 2025 (filed on 08-06-2026)
Founded in 1990
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 71, micro). It does better than 66% of them on solvency, 27% on liquidity, 29% on profitability and 37% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 8,617 companies had the same profile as DECORUM has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DECORUM itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 8,617 companies, not a prediction for DECORUM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €35,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.08 (1.12 in 2024), below the usual 1.5. Short-term debt is 15.8% and cash 0.9% of total assets. 32.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €602,172
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.08, cash €5,175
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 08-06-2026)
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
31 days early
2023
30 days late
2022
28 days late
2021
5 days early
2020
102 days early
2019
158 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LS
Luc Stuer
Director, since 27-07-2021
  • Luc Stuer all the sharesdeed of 13-08-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0442558936
Merger: DECORUM takes over STUER DECORATIE Capital from €130,144.10 to €136,961.17, 11 new shares · Capital from €136,961.17 to €507,968.73 · Permanent representative: Luc Stuer · General meeting of 27-07-2021 · Gazette deed
Merger proposal: DECORUM takes over STUER DECORATIE Permanent representative: Luc Stuer · Reappointment: Luc Stuer (managing director) · Capital contribution of €301,473.42 · Gazette deed
Registered office moved within Temse New registered office: Marie Van Brusselstraat 8, 9140 Temse · Previous registered office: Guido Gezelleplaats 8, 9140 Temse · Board meeting of 15-12-2020 · Gazette deed
All 50 events

Comparable companies

same main activity, similar in size and age
Company
DECORUM Temse €602,172 €80,031 67.1% -
P.A.S. Sint-Lievens-Houtem €608,810 €82,860 36.0% -
TRANSFORMATION, DECORATION, TECHNIQUES SPECIALES ET NOUVELLES Linkebeek €557,940 €103,848 35.8% -
CO.TWEE Antwerp €703,879 €92,146 37.0% -
DEMEULEMEESTER Wevelgem €480,732 €92,713 60.3% -
GO - 4 - IT Leuven €551,124 €93,273 79.4% -
A.D.M. Interieur & Design Roeselare €532,726 €115,131 30.1% -

These companies have the same main activity as DECORUM: activities of interior architects (NACE 71112). They are comparable in size and age: total assets between €481,000 and €704,000, founded between 1993 and 1999.

Official details

Source: KBO
Status
Active since 27-12-1990Normal situation
Activity
Activities of interior architectsNACE 71112
Establishment unit
2.051.243.8559140 Temse, since 29-01-1991
Financial year end
31 December
Peppol
Reachable since 04-12-2025
Company details

Annual accounts 2025

€80,031▼ 59.9%
≈ €170,000estimated
€3,842
€404,286▼ 0.9%
€602,172▼ 10.0%
Filing
Filed on 08-06-2026, 53 days before the end of the filing period
Financials

Insights on DECORUM

DECORUM files the micro format. That format states no turnover. The gross margin rose from €55,435 in 2006 to €80,031 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 08-06-2026, 53 days before the deadline
€80,031
▼ 59.9%
€2,592
▼ 96.8%
-€3,842
▼ €57,754
€7,504
▼ 59.1%
67.1%
▲ 6.2 percentage points
1.08
▼ 0.05

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €170,000. Estimated: probably between €130,000 and €240,000.

Balance sheet

balance sheet total €602,172 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

67.1%

Higher than 64% of 11,794 companies in 2025.

1.08

Higher than 23% of 11,521 companies in 2025.

-0.6%

Higher than 19% of 11,605 companies in 2025.

DECORUM Middle half of the sector 80% of the sector Micro accounts in architecture and engineering (NACE 71)

Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 602,172669,306581,784502,477553,581493,548587,188652,237695,811693,130665,426732,747699,634685,429717,475751,528674,024705,414724,196676,937
21/28 499,246502,843300,236302,388307,992359,772391,631424,119456,607489,095540,063582,756625,449629,951664,558646,056633,888668,782695,448626,464
22/27 499,246502,843300,236302,388307,992359,772391,631424,119456,607489,095539,397582,089624,782629,284663,891645,390633,888668,782695,448626,464
22 286,424305,678176,755187,234180,657228,061249,112265,464281,815298,167314,519331,320348,122364,923381,725355,554368,059634,561649,820626,464
23 8,8281,5902,108849----------------
24 106,26989,5573,5571,2602,5943,927----16,11724,17632,2342,1024,20411,40722,81434,22145,628-
26 97,725106,017117,816113,046124,742127,784142,519158,655174,792190,928208,761226,593244,426262,259277,962278,428243,016---
28 ----------667667667667667667----
29/58 102,926166,463281,547200,089245,589133,775195,557228,118239,204204,035125,363149,99174,18555,47852,917105,47240,13636,63228,74850,473
29 10,12414,194------------------
291 10,12414,194------------------
40/41 29,53181,98982,55958,27145,77684,924190,443226,288238,674198,603123,432141,72071,79253,15939,36345,40235,61726,57524,86345,656
40 16,36172,71379,69157,58345,76467,393162,666197,548222,713182,664110,199126,48747,27435,68324,26126,80121,1267,72124,52235,157
41 13,1709,2762,8686881217,53127,77728,74015,96215,93913,23315,23324,51817,47615,10218,60114,49118,85434110,499
50/53 55,00060,000------------------
54/58 5,1756,694195,638138,672198,16046,7263,8741,2245305,4321,7618,2712,3932,31913,55460,0694,51910,0573,8854,294
490/1 3,0963,5853,3503,1451,6532,1261,240607--170--------524
Balance sheet: equity and liabilities
10/49 602,172669,306581,784502,477553,581493,548587,188652,237695,811693,130665,426732,747699,634685,429717,475751,528674,024705,414724,196676,937
10/15 404,286408,128354,216206,135207,14883,83998,627122,063139,058127,27498,237117,619111,519144,024148,657177,050176,854173,938167,026163,412
10/11 507,969507,969507,969507,969507,969130,144130,144130,144130,144130,144130,144130,144130,144130,144130,144130,144130,144130,144130,144130,144
10 507,969507,969507,969507,969507,969---------------
100 507,969507,969507,969507,969507,969130,144130,144130,144130,144130,144130,144130,144130,144130,144130,144130,144130,144130,144130,144130,144
13 100,228105,041109,855111,969112,994109,88913,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,014
130/1 16,12016,12016,12016,12016,12013,014--------------
130 13,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,01413,014
1311 3,1053,1053,1053,1053,105---------------
132 84,10888,92293,73595,84996,87596,875--------------
14 -203,910-204,882-263,608-413,803-413,815-156,194-44,532-21,095-4,101-15,885-44,922-25,540-31,6408665,49833,89133,69530,78023,86820,254
16 28,03629,64031,24531,95032,29232,292--------------
168 28,03629,64031,24531,95032,29232,292--------------
17/49 169,850231,538196,323264,393314,141377,417488,561530,174556,753565,856567,190615,128588,115541,404568,818574,478497,170531,475557,170513,525
17 66,02883,43506,600268,736250,144250,144250,144250,144250,144250,144250,144250,144250,144250,144250,144132,842143,358159,276141,795
170/4 66,02883,435-018,592-0250,144250,144250,144250,144250,144250,144250,144250,144250,144132,842143,358159,276141,795
178/9 --06,600250,144250,144250,144-------------
42/48 95,422148,103194,275248,97842,93376,750187,289232,551255,904271,793278,208333,315300,933264,491303,572316,208356,107378,927388,385361,910
42 17,40716,754-------------2,69716,34227,56921,33728,318
43 --------137-----------
430/8 --------137-----------
44 7023,1498,5821,2501,8571,0828,61635,96735,96735,96737,10852,2768,4475,14816,0971,93573830618,4835,624
440/4 7023,1498,5821,2501,8571,0828,61635,96735,96735,96737,10852,2768,4475,14816,0971,93573830618,4835,624
45 65115,6749,6576,0774,70702,1497,8597,85912,1781,4394,9953892,8254,5942,0595,5066,1733,6676,100
450/3 65115,6749,6576,0774,70702,1497,8597,85912,1781,4394,9953891,9504,5942,0595,5066,1733,6676,100
454/9 -------------875------
47/48 76,662112,525176,036241,65136,36975,668176,524188,726211,941223,648239,662276,044292,097256,519282,881309,517333,520344,878344,898321,868
492/3 8,40002,0488,8152,47250,52351,12847,47850,70643,91938,83731,66937,03726,76915,1028,1268,2229,1909,5099,819
Income statement
76A ---0189,041133,143--1,048-----------
9900 80,031199,605212,40646,985190,238146,9839,75716,79163,14459,67943,69569,12648,98555,53636,95463,94854,53061,88757,63855,435
62 ------------4724,773------
630 44,71441,13326,48724,90926,49831,77732,48832,48832,48834,18442,69342,69344,79536,73647,71739,62436,21636,12835,69721,113
631/4 -02,4722,472----------------
640/8 12,86950,72993911,8842,8783483481,003-3,9773,4863,8388,1382,2932,3922,2072,0032,2734,5396,230
66A 19,85627,000---97,301------12,068-------
9901 2,59280,743182,5087,721160,863114,859-23,079-16,70030,65621,517-2,48322,595-4,42011,733-13,15522,11716,31223,48717,40228,092
75/76B 9151,44966400393--18023,30432114863113754532
75 9151,44966400393--180-32114863113754532
76B ---------23,304----------
65/66B 4,5984,7525119,07643,72097,74835729511,19311,24516,90016,49816,01816,11815,30118,5898,84410,33010,80711,050
65 4,5984,7525119,07667744635729511,19310,94016,90016,49816,01816,11815,30118,5898,84410,33010,80711,050
66B ---043,04397,301---305----------
9903 -1,09077,440182,661-1,355117,14417,504-23,436-16,99519,64333,576-19,3816,100-32,505-4,237-28,3933,6417,47513,1616,64017,073
780 1,6041,604705342----------------
680 ----0---------------
67/77 4,35625,13235,28502,119---7,8594,5391--395-3,4454,5606,2493,0266,119
9904 -3,84253,912148,081-1,013115,024-14,788-23,436-16,99511,78429,037-19,3826,100-32,505-4,633-28,3931962,9166,9123,61410,954
789 4,8134,8132,1141,02513,236---------------
689 ----096,875--------------
9905 97258,726150,19512128,261-111,662-23,436-16,99511,78429,037-19,3826,100-32,505-4,633-28,3931962,9166,9123,61410,954
Appropriation of the result
9906 -203,910-204,882-263,608-413,803-413,815-156,194-44,532-21,095-4,101-15,885-44,922-25,540-31,6408665,49833,89133,69530,78023,86820,254
14P -204,882-263,608-413,803-413,815-542,076---------------
Social balance sheet
9087 -------------0.2------
Hours worked1013 -------------301------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 08-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 08-06-2026 2026-00143486 PDF
31-12-2024 micro format 30-06-2025 2025-00198720 PDF
31-12-2023 micro format 30-08-2024 2024-00425404 PDF
31-12-2022 micro format 28-08-2023 2023-00376373 PDF
31-12-2021 micro format 26-07-2022 2022-20230427 PDF
31-12-2020 abbreviated format 20-04-2021 2021-10800042 PDF
31-12-2019 micro format 05-01-2021 2021-00200309 PDF
31-12-2018 micro format 03-09-2019 2019-62600182 PDF
31-12-2017 micro format 27-08-2018 2018-53500091 PDF
31-12-2016 micro format 21-08-2017 2017-45600148 PDF
31-12-2015 abbreviated format 30-09-2016 2016-64200162 PDF
31-12-2014 abbreviated format 27-08-2015 2015-49600194 PDF
31-12-2013 abbreviated format 14-07-2014 2014-30200467 PDF
31-12-2012 abbreviated format 20-08-2013 2013-43900203 PDF
31-12-2011 abbreviated format 30-08-2012 2012-51000141 PDF
31-12-2010 abbreviated format 30-05-2011 2011-13100506 PDF
31-12-2009 abbreviated format 31-05-2010 2010-13500157 PDF
31-12-2008 abbreviated format 08-06-2009 2009-19800050 PDF
31-12-2007 abbreviated format 03-06-2008 2008-17900222 PDF
31-12-2006 abbreviated format 11-06-2007 2007-20600159 PDF
31-12-2005 abbreviated format 31-08-2006 2006-76604864 PDF
31-12-2004 abbreviated format 28-06-2005 2005-35704787 PDF
31-12-2003 abbreviated format 17-06-2004 2004-26701362 PDF
31-12-2002 abbreviated format 30-07-2003 2003-55804252 PDF
31-12-2001 abbreviated format 12-11-2002 2002-71303432 PDF
31-12-2000 abbreviated format 07-09-2001 2001-55001458 PDF
31-12-1999 abbreviated format 27-07-2000 2000-46803148 PDF
31-12-1998 abbreviated format 17-06-1999 1999-18904388 PDF
31-12-1997 abbreviated format 06-07-1998 1998-28302475 PDF
31-12-1996 abbreviated format 01-08-1997 1997-35603325 PDF
31-12-1995 abbreviated format 19-06-1996 1996-18300022 PDF
31-12-1994 abbreviated format 22-09-1995 1995-50303841 PDF
31-12-1993 abbreviated format 04-04-1995 1995-04904204 PDF
31-12-1992 abbreviated format 09-08-1993 1993-31302770 PDF
31-12-1991 abbreviated format 21-08-1992 1992-29005437 PDF

Subsidies and aid

Flemish government 2025, 1 entry, €122 awarded, €122 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€122

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
47,306121,876208,99532,629187,361146,6359,40915,78863,14455,70240,20965,28840,37548,46934,56261,74152,52759,61553,09949,205
40,87295,045174,56823,896141,52216,9899,05215,49344,27263,22123,31148,79212,28932,10419,32439,82039,13143,04039,31132,067
67,973270,74024,33519,30567716,775000-16,7840040,2932,13066,21951,7921,3229,461104,68123,551
-1,519-188,94456,966-59,488151,43442,8522,650694-4,9023,671-6,5105,87874-11,235-46,51555,550-5,5386,172-409-
7,50418,36087,272-48,889202,65657,0258,268-4,434-16,699-67,759-152,845-183,325-226,749-209,013-250,655-210,736-315,971-342,295-359,637-311,437
67.1%61.0%60.9%41.0%37.4%17.0%16.8%18.7%20.0%18.4%14.8%16.1%15.9%21.0%20.7%23.6%26.2%24.7%23.1%24.1%
1.081.121.450.805.721.741.040.980.930.750.450.450.250.210.170.330.110.100.070.14
0.420.570.551.281.524.504.954.344.004.455.775.235.273.763.833.242.813.063.343.14
-1.0%13.2%41.8%-0.5%55.5%-17.6%-23.8%-13.9%8.5%22.8%-19.7%5.2%-29.1%-3.2%-19.1%0.1%1.6%4.0%2.2%6.7%
-0.6%8.1%25.5%-0.2%20.8%-3.0%-4.0%-2.6%1.7%4.2%-2.9%0.8%-4.6%-0.7%-4.0%0.0%0.4%1.0%0.5%1.6%
10.2925.65over 1003.60over 100---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€67,973€270,740€24,335€19,305€677
Financial fixed assets€0----
€44,714€41,133€26,487€24,909€26,498

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on DECORUM

The operating result for 2025 is 97% lower than in 2024 and the lowest since 2019. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 34.6% to 28.2%. Equity and debt are lower.

Large changes and their cause
  • 2021 Equity +147% on 2020. Merger absorbing STUER DECORATIE, Official Gazette 13-08-2021. Capital increase of €371,008 (Official Gazette 13-08-2021).

Board & ownership

Board

1 director, last change in 2021
Luc Stuer
Sole director
since 27-07-2021 term until 26-07-2027
earlier director, until 13-08-2021
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 08-06-2026

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
Luc Stuer
Sole director
Stuer Decoratie
Director
Stuer Sam
Director
BoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • Luc Stuer
    • Director, from before 27-05-2017 to 13-08-2021
    • Managing director, from before 27-05-2017, ended, last mentioned on 11-06-2021
    • Sole director, appointed by deed of 13-08-2021, still in office
  • Stuer Decoratie
    • Director, appointed by deed of 18-04-2019, until 13-08-2021
    • Managing director, from before 01-04-2019, ended, last mentioned on 18-04-2019
  • Stuer Sam
    • Director, from before 01-07-2015 to 18-04-2019

See the board, name and registered office on a given date →

Control

Shareholder
Luc Stuer
This company
DECORUM
Equity €404,286
Loss €3,842 in 2025

Capital

Capital
€507,968.73
Shares
232 in the deed of 13-08-2021 and 1 later capital increase
Contribution per share
€2,190
Equity per share
€1,743 in 2025
Source
2025 annual accounts

Articles of association

deed of 13-08-2021 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Collegiaal raad van bestuur met minimum wettelijk aantal leden of enige bestuurder, 6 jaar”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of May at 10:00

Shareholders

Stated in the deed deed of 13-08-2021 ↗
Stated in the deed deed of 11-06-2021 ↗

Capital transactions

Capital over time
  1. 13-08-2021 Capital increase of €6,817.07 · to €136,961.17 · 11 new shares
  2. 13-08-2021 Capital increase of €371,007.56 · to €507,968.73 · no new shares · from reserves
  3. 11-06-2021 Capital stated in the deed · €130,144.10 · 210 shares

Network & group

No group

DECORUM has no parent and no holdings in its annual accounts. Luc Stuer is the only director.

Acquisitions and mergers

1 transaction
Took over:STUER DECORATIE
BE 0464.317.917merger by absorption · Gazette deed of 13-08-2021 (4 deeds)

Connections & network

1 current director
Depth

The network lets you explore the ties of DECORUM.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

50 events since 1990

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 53 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0442558936
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 30 days late
2023
Back to profit net €148,081 The net result is €148,081, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 28 days late
2022
Annual accounts 2021 filed PDFmicro format · 5 days before the deadline
2021
Back to profit net €115,024 The net result is €115,024, after 3 loss-making years.
Liquidity more than triples current ratio 5.72 The current ratio rises from 1.74 to 5.72. Short-term debt falls from €76,750 to €42,933.
Equity above €200,000 equity €207,148 ▲147% Equity rises from €83,839 to €207,148.
Merger: DECORUM takes over STUER DECORATIECapital from €130,144.10 to €136,961.17, 11 new shares · Capital from €136,961.17 to €507,968.73 · Permanent representative: Luc Stuer · General meeting of 27-07-202115 points ▸
  • General meeting, 27-07-2021, mentioned twice in the deed
  • Board composition, Luc Stuer (director)
  • Board composition, STUER DECORATIE (director)
  • Permanent representative, Luc Stuer, mentioned twice in the deed
  • Luc Stuer holds all the shares
  • Power of attorney, Moore Finance & Tax
  • Accounting effect, 01-04-2021
  • Capital increase, €6,817.07
  • Capital increase, €371,007.56
  • Purpose change, “Het verlenen van diensten en adviezen in de meest ruime zin van het woord aan bedrijven en ondernemingen van alle aard,onder meer op het vlak van…” (deed in Dutch)
  • Director resignation, Luc Stuer, mentioned twice in the deed
  • Capital, €507,968.73, 221 shares
  • Director resignation, STUER DECORATIE
  • Director appointment, Luc Stuer (sole director)
  • Registered office clause, Marie Van Brusselstraat 8, 9140 Temse
  • The deed holds 9 more points.

Open the deed in the Belgian Official Gazette

Merger proposal: DECORUM takes over STUER DECORATIEPermanent representative: Luc Stuer · Reappointment: Luc Stuer (managing director) · Capital contribution of €301,473.4212 points ▸
  • Capital, €79,456.55, 3,080 shares
  • Capital contribution, €301,473.42
  • Capital, €380,929.97, 3,080 shares
  • Luc Stuer holds 3,080 shares (100%)
  • Board composition, Luc Stuer (director), mentioned twice in the deed
  • Capital, €130,144.10, 210 shares
  • Luc Stuer holds 210 shares (100%)
  • Board composition, STUER DECORATIE (director)
  • Permanent representative, Luc Stuer
  • Director reappointment, Luc Stuer (managing director)
  • Luc Stuer holds 221 shares (100%)
  • Real estate, STUER DECORATIE
  • The deed holds 22 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFabbreviated format · 102 days before the deadline
Annual accounts 2019 filed PDFmicro format · 158 days late
2020
Registered office moved within TemseNew registered office: Marie Van Brusselstraat 8, 9140 Temse · Previous registered office: Guido Gezelleplaats 8, 9140 Temse · Board meeting of 15-12-20202 points ▸
  • Board meeting, 15-12-2020
  • Registered-office move, Marie Van Brusselstraat 8, 9140 Temse

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2018 filed PDFmicro format · 34 days late
1 director appointed, 1 resignation, 1 reappointmentAppointment: Stuer Decoratie BVBA · Permanent representative: Stuer Luc · Reappointment: Stuer Decoratie BVBA (managing director) · General meeting of 27-03-20196 points ▸

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2017 filed PDFmicro format · 27 days late
2017
Reappointments: Stuer Sam (director) and Stuer Luc (managing director)General meeting of 26-05-20176 points ▸
  • General meeting, 29-06-2015
  • Director reappointment, Stuer Sam
  • General meeting, 26-05-2017
  • Board meeting, 26-05-2017
  • Director reappointment, Stuer Luc
  • Director reappointment, Stuer Luc (managing director)

Open the deed in the Belgian Official Gazette

Annual accounts 2016 filed PDFmicro format · 21 days late
2016
Back to profit net €29,037 The net result is €29,037, after one loss-making year.
Annual accounts 2015 filed PDFabbreviated format · 61 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 27 days late
2014
Back to profit net €6,100 The net result is €6,100, after 3 loss-making years.
Annual accounts 2013 filed PDFabbreviated format · 17 days before the deadline
2013
Weakest financial year net -€32,505 The net result drops to -€32,505, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2012 filed PDFabbreviated format · 20 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 30 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 62 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 61 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 53 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 58 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 50 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1991
First establishment Marie Van Brusselstraat 8, Temse
1990
Incorporation published on 23-01-1991

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 27 December 1990, DECORUM was incorporated.1 In 2020 the registered office moved to Temse.2 A capital increase in 2021 brought the capital to €507,969.3 STUER DECORATIE was merged into the company in 2021.3 Total assets went from €553,581 in 2021 to €602,172 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 30-12-2020
  3. 3Belgian Official Gazette, 13-08-2021
  4. 4National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0442.558.936
VAT number
BE 0442.558.936
Peppol ID
0208:0442558936
Other Peppol ID
9925:BE0442558936
Legal form
Public limited company
Status
Active, normal situation
Founded
27-12-1990
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of May at 10:00
deed of 13-08-2021 (in Dutch)
Peppol
Reachable since 04-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DECORUM in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 13-08-2021 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 13-08-2021 (in Dutch)

Activities

NACEBEL 2025
71112 Activities of interior architects main activity
Codes under NACEBEL 2008
71112 Architectural and engineering activities; technical testing and analysis main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het verlenen van diensten en adviezen in de meest ruime zin van het woord aan bedrijven en ondernemingen van alle aard,onder meer op het…”
10 activities
  1. Het verlenen van diensten en adviezen in de meest ruime zin van het woord aan bedrijven en ondernemingen van alle aard,onder meer op het vlak van administratie,management,bedrijfsorganisatie,promotie en informatica.
  2. Het waarnemen van de functie van bestuurder,manager of gemandateerde in ondernemingen en vennootschappen.
  3. Het nemen en beheren van belangen en participaties in ondernemingen en vennootschappen.
  4. Het verwerven,vervreemden en beheren van beleggingsgoederen allerhande,zowel roerende en onroerende.
  5. Import,export en handel van alle consumptiegoederen halffabrikaten en grondstoffen.
  6. Schilder-,behang-,vloerbekleding-,restauratie-,stelling-,glas- en allerhande decoratiewerken,plaatsen van wanden en plafonds.
  7. Industriële,schilder- en opfrissingswerken allerhande,evenals wegmarkering en reclamewerken.
  8. Groot- en kleinhandel in import en export van levering van onderhouds-,verf en drogisterij-artikelen evenals behang,tapijten,stoffen,vloerbekleding,kleinmeubelen,geschenkartikelen en alle aanverwante producten.
  9. Het verhuren van stellingen en materieel voor het uitvoeren van bovenvermelde werken.
  10. Het opmaken van EPC-attesten.
deed of 13-08-2021 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Marie Van Brusselstraat 8 registered office 9140 Temse 70200 Business and other management consultancy 29-01-1991 2.051.243.855

Buildings and parcels at the address

Ground area
1,138 m²
Buildings
260 m²
Volume, LiDAR
1,018 m³
Tallest building
5.4 m
Buildings to scale, each on its own parcel
260 m², 5.4 m 260 m², 5.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
46025B1075/00F0031,138 m² 1 · 260 m² 5.4 m · 1

We would like to set cookies. That happens only with your consent. What we measure