DELMI - DECOR
ActiveDELMI - DECOR has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €331k and a net result of €-2k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 85% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 5.76 against 2.96 in 2024), and 23.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · 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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 10 filingsDeviation from the deadline
2025
13 d late
2024
58 d early
2023
20 d late
2022
94 d early
2021
11 d early
2020
31 d late
2019
60 d late
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€331k▼ 0.6%
2024 · €333k
2018: €313k
2019: €314k
2020: €305k
2021: €310k
2022: €341k
2023: €335k
2024: €333k
2018 → 2025
Total assets
€431k▼ 10.8%
2024 · €483k
2018: €881k
2019: €848k
2020: €640k
2021: €687k
2022: €555k
2023: €580k
2024: €483k
2018 → 2025
Net result
€-2k▲ 1.5%
2024 · €-2k
2018: €-2k
2019: €1k
2020: €-10k
2021: €5k
2022: €31k
2023: €-6k
2024: €-2k
2018 → 2025
Working capital
€339k▲ 15.6%
2024 · €293k
2018: €280k
2019: €289k
2020: €283k
2021: €304k
2022: €291k
2023: €299k
2024: €293k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€310k-€341k▲ 9.9%€335k▼ 1.7%€333k▼ 0.6%€331k▼ 0.6%
Operating result€24k-€43k▲ 79.2%€2k▼ 94.3%€7k▲ 168%€2k▼ 76.8%
Net result€5k-€31k▲ 535%€-6k€-2k▲ 65.8%€-2k▲ 1.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 77% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €431k
Fixed assets
€21k▼ 48.3%
Current assets
€410k▼ 7.3%
Equity and liabilities €431k
Equity
€331k▼ 0.6%
Debt
€100k▼ 33.4%
The debt ratio falls from 31.1% to 23.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€16k▼
2024 · €28k
Cash flow
€13k▼
2024 · €20k
Solvency
76.8%▲
2024 · 68.9%
Current ratio
5.76▲
2024 · 2.96
Quick ratio
0.21▼
2024 · 0.34
Debt / equity
0.30▼
2024 · 0.45
ROE
-0.6%▲
2024 · -0.6%
ROA
-0.4%▼
2024 · -0.4%
Interest coverage
2.95▼
2024 · 2.96
Debt
€100k▼
2024 · €150k
Debt ≤ 1 year
€71k▼
2024 · €149k
Debt > 1 year
€0▼
2024 · €747
Income taxes
€1k▲
2024 · €481
Staff costs
€109k▲
2024 · €104k
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€483k€431k▼
Fixed assets21/28€41k€21k▼
Intangible fixed assets21€220€0▼
Tangible fixed assets22/27€40k€21k▼
Land and buildings22€3k€3k▼
Plant, machinery and equipment23€454€232▼
Furniture and vehicles24€6k€0▼
Other tangible fixed assets26€30k€18k▼
Financial fixed assets28€191€191=
Current assets29/58€442k€410k▼
Stocks and contracts in progress3€391k€394k▲
Stocks30/36€391k€394k▲
Amounts receivable within one year40/41€10k€3k▼
Trade receivables40€852€2k▲
Other amounts receivable41€10k€519▼
Cash at bank and in hand54/58€40k€8k▼
Deferred charges and accrued income490/1€735€5k▲
Equity and liabilities
Total equity and liabilities10/49€483k€431k▼
Equity10/15€333k€331k▼
Contributions10/11€277k€277k=
Reserves13€56k€54k▼
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Distributable reserves133€49k€47k▼
Amounts payable17/49€150k€100k▼
Amounts payable after more than one year17€747€0▼
Financial debts170/4€747€0▼
Amounts payable within one year42/48€149k€71k▼
Current portion of amounts payable after more than one year42€4k€747▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€937€15k▲
Suppliers440/4€937€15k▲
Taxes, remuneration and social security45€25k€34k▲
Taxes450/3€11k€20k▲
Remuneration and social security454/9€14k€14k▲
Other amounts payable47/48€119k€22k▼
Accrued charges and deferred income492/3€0€29k▲
Income statement
Code20242025
Remuneration, social security and pensions62€104k€109k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€15k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€134k€128k▼
Operating profit (loss)9901€7k€2k▼
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€10k€5k▼
Recurring financial charges65€10k€5k▼
Profit (loss) for the period before taxes9903€-1k€-863▲
Income taxes67/77€481€1k▲
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-2k▲
Transfer from equity791/2€2k€2k▼
The notes to these accounts (13 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €31k ▲535%
Operating result €43k, net result €31k, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-10k ▼949%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Kortrijk · 1 establishment unit since 1974
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.
Oudenaardsesteenweg(Kor) 248500 KortrijkGround area
834 m²
Building footprint
754 m²
Volume, LiDAR
3,543 m³
Parcel 34354C0266/00H013, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Oudenaardsesteenweg(Kor) 24, 8500 Kortrijk
since 19742.010.626.985
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0266/00H013 | Flanders | 834 m² | 1 · 754 m² | 10.4 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 0 EUR | 0 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 2,589 companies in sector 47551 we hold annual accounts for 1,702. 1,274 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-10-1974
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
52441
16230Manufacture of other builders' carpentry and joinery
20300
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 · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.