ELYSEE DECOR
ActiveELYSEE DECOR has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €295k and a net result of €4k. Equity is shrinking by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 7931 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+1
Solvency88▲+6
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 2.28 in 2024; short-term debt: 8.8% and cash: 12.3% of total assets), and 36.8% 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
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
63.2%
Return on assets
0.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
71 d early
2023
78 d early
2022
97 d early
2021
90 d early
2020
67 d early
2019
18 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€295k▲ 1.3%
2024 · €291k
2018: €482k
2019: €401k
2020: €366k
2021: €302k
2022: €299k
2023: €289k
2024: €291k
2018 → 2025
Total assets
€468k▼ 8.3%
2024 · €510k
2018: €1.20M
2019: €903k
2020: €861k
2021: €666k
2022: €611k
2023: €555k
2024: €510k
2018 → 2025
Net result
€4k▲ 31.7%
2024 · €3k
2018: €-81k
2019: €-81k
2020: €-55k
2021: €-9k
2022: €-3k
2023: €-10k
2024: €3k
2018 → 2025
Working capital
€16k▼ 66.3%
2024 · €49k
2018: €959k
2019: €321k
2020: €195k
2021: €167k
2022: €128k
2023: €83k
2024: €49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€302k-€299k▼ 1.1%€289k▼ 3.4%€291k▲ 1.0%€295k▲ 1.3%
Operating result€-6k-€-3k▲ 41.9%€-10k▼ 207%€3k€4k▲ 28.0%
Net result€-9k-€-3k▲ 60.7%€-10k▼ 196%€3k€4k▲ 31.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 28% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €468k
Fixed assets
€410k▼ 3.0%
Current assets
€57k▼ 33.8%
Equity and liabilities €468k
Equity
€295k▲ 1.3%
Debt
€172k▼ 21.1%
The debt ratio falls from 42.8% to 36.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▲
2024 · €16k
Cash flow
€17k▲
2024 · €16k
Solvency
63.2%▲
2024 · 57.2%
Current ratio
1.40▼
2024 · 2.28
Quick ratio
1.40▼
2024 · 2.28
Debt / equity
0.58▼
2024 · 0.75
ROE
1.3%▲
2024 · 1.0%
ROA
0.8%▲
2024 · 0.6%
Interest coverage
119.66▲
2024 · 82.71
Debt
€172k▼
2024 · €218k
Debt ≤ 1 year
€41k▲
2024 · €38k
Debt > 1 year
€121k▼
2024 · €160k
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€510k€468k▼
Fixed assets21/28€423k€410k▼
Tangible fixed assets22/27€423k€410k▼
Land and buildings22€423k€410k▼
Current assets29/58€87k€57k▼
Cash at bank and in hand54/58€87k€57k▼
Equity and liabilities
Total equity and liabilities10/49€510k€468k▼
Equity10/15€291k€295k▲
Contributions10/11€228k€228k=
Capital10€228k€228k=
Issued capital100€228k€228k=
Reserves13€253k€253k=
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Distributable reserves133€242k€242k=
Profit (loss) carried forward14€-189k€-186k▲
Amounts payable17/49€218k€172k▼
Amounts payable after more than one year17€160k€121k▼
Financial debts170/4€160k€121k▼
Amounts payable within one year42/48€38k€41k▲
Current portion of amounts payable after more than one year42€38k€40k▲
Trade debts44-€462
Suppliers440/4-€462
Other amounts payable47/48€24€24=
Accrued charges and deferred income492/3€20k€11k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k=
Other operating charges640/8€2k€3k▲
Gross operating margin9900€17k€19k▲
Operating profit (loss)9901€3k€4k▲
Financial charges65/66B€193€140▼
Recurring financial charges65€193€140▼
Profit (loss) for the period before taxes9903€3k€4k▲
Profit (loss) for the period9904€3k€4k▲
Profit (loss) for the period to be appropriated9905€3k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-189k€-186k▲
Profit (loss) brought forward from the previous period14P€-192k€-189k▲
The notes to these accounts (5 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
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
31-12
Financial
Highest result since 2018net €4k ▲31.7%
Operating result €4k, net result €4k, both a record.
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after 6 loss-making years.
14-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 141 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Genk · 1 establishment unit since 1981
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.
Henry Fordlaan 473600 GenkGround area
2,756 m²
Building footprint
425 m²
Volume, LiDAR
75 m³
Parcel 71304E0724/00H011, Flanders · tallest building 6.3 m. Linked by address, not a title deed.
1 establishment unit
Henry Fordlaan 47, 3600 Genk
since 19812.024.037.236
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71304E0724/00H011 | Flanders | 2,756 m² | 1 · 425 m² | 6.3 m |
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.
Similar companies · same sector, comparable size
NIPAU
BE 0432.333.948
Hasselt · Eq €295k
DE KOETSGANG
BE 0454.871.602
Antwerpen · Eq €292k
MOVETHERM
BE 0433.561.690
Ieper · Eq €289k
TRILUX
BE 0448.238.780
Antwerpen · Eq €302k
Grocon
BE 0890.491.474
Hemiksem · Eq €302k
Of 679 companies in sector 46494 we hold annual accounts for 530. 403 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-12-1978
Fiscal year end31-12
Activities, NACEBEL
46494Wholesale of non-electrical household articles
51471
47551Retail sale of household furniture
47591Retail trade
52441
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.