Général Décoration
ActiveGénéral Décoration has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €611k and a net result of €184k. Equity is growing by ~55.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▼-2
Solvency99▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 3.75 against 2.37 in 2024; short-term debt: 20.6% and cash: 38.9% of total assets), and 25.6% of the assets are financed with debt.
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
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← fewer bankruptcies
more bankruptcies →
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
74.4%
Return on assets
22.4%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
31 d early
2023
34 d early
2022
31 d early
2021
25 d late
2020
23 d late
2019
27 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
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€184k▲ 12.2%
2024 · €164k
2018: €39k
2019: €11k
2020: €59k
2021: €106k
2022: €22k
2023: €62k
2024: €164k
2018 → 2025
Working capital
€464k▲ 65.9%
2024 · €280k
2018: €19k
2019: €-946
2020: €64k
2021: €136k
2022: €140k
2023: €186k
2024: €280k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€178k-€200k▲ 12.5%€263k▲ 31.0%€427k▲ 62.5%€611k▲ 43.1%
Operating result€140k-€34k▼ 75.7%€78k▲ 129%€216k▲ 177%€244k▲ 13.2%
Net result€106k-€22k▼ 78.9%€62k▲ 179%€164k▲ 164%€184k▲ 12.2%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €821k
Fixed assets
€188k▼ 8.0%
Current assets
€633k▲ 30.9%
Equity and liabilities €821k
Equity
€611k▲ 43.1%
Debt
€210k▼ 19.6%
The debt ratio falls from 38.0% to 25.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€294k▼
2024 · €308k
Cash flow
€234k▼
2024 · €256k
Solvency
74.4%▲
2024 · 62.0%
Current ratio
3.75▲
2024 · 2.37
Quick ratio
2.88▲
2024 · 1.59
Debt / equity
0.34▼
2024 · 0.61
ROE
30.1%▼
2024 · 38.5%
ROA
22.4%▼
2024 · 23.9%
Interest coverage
58.92▼
2024 · 80.75
Debt
€210k▼
2024 · €261k
Debt ≤ 1 year
€169k▼
2024 · €204k
Debt > 1 year
€40k▼
2024 · €57k
Income taxes
€62k▲
2024 · €54k
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€688k€821k▲
Fixed assets21/28€204k€188k▼
Intangible fixed assets21€5k€4k▼
Tangible fixed assets22/27€199k€184k▼
Land and buildings22€34k€39k▲
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€81k€55k▼
Other tangible fixed assets26€82k€89k▲
Financial fixed assets28€422€422=
Current assets29/58€484k€633k▲
Stocks and contracts in progress3€159k€146k▼
Stocks30/36€159k€146k▼
Amounts receivable within one year40/41€126k€164k▲
Trade receivables40€5k€49k▲
Other amounts receivable41€120k€114k▼
Cash at bank and in hand54/58€193k€320k▲
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€688k€821k▲
Equity10/15€427k€611k▲
Contributions10/11€19k€19k=
Reserves13€24k€24k=
Tax-exempt reserves132€22€22=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€384k€568k▲
Amounts payable17/49€261k€210k▼
Amounts payable after more than one year17€57k€40k▼
Financial debts170/4€57k€40k▼
Amounts payable within one year42/48€204k€169k▼
Current portion of amounts payable after more than one year42€18k€18k▼
Trade debts44€68k€56k▼
Suppliers440/4€68k€56k▼
Advances received on contracts in progress46€89k€21k▼
Taxes, remuneration and social security45€29k€74k▲
Taxes450/3€29k€74k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€11€11=
Accrued charges and deferred income492/3€685€1k▲
Income statement
Code20242025
Non-recurring operating income76A€14k€0▼
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€50k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€310k€297k▼
Operating profit (loss)9901€216k€244k▲
Financial income75/76B€6k€6k▲
Recurring financial income75€6k€6k▲
Non-recurring financial income76B€351€0▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€218k€246k▲
Income taxes67/77€54k€62k▲
Profit (loss) for the period9904€164k€184k▲
Profit (loss) for the period to be appropriated9905€164k€184k▲
Appropriation of the result
Profit (loss) to be appropriated9906€384k€568k▲
Profit (loss) brought forward from the previous period14P€220k€384k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (18 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €184k ▲12.2%
Operating result €244k, net result €184k, both a record.
31-12
Financial
Equity above €500kEq €611k ▲43.1%
8 profitable years in a row build equity to €611k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €200k ▲12.5%
5 profitable years in a row build equity to €200k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Equity above €150kEq €178k ▲145%
4 profitable years in a row build equity to €178k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
31-12
Financial
Weakest financial yearnet €11k ▼71.1%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lasne · 2 establishment units since 1982
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.
Route de Beaumont 201380 LasneGround area
1,209 m²
Building footprint
201 m²
Volume, LiDAR
2,375 m³
2 parcels, Brussels, Wallonia · tallest building 20.7 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Général Décoration
since 19822.023.236.292
Georges Brugmannplein 5, 1050 Elsene
since 20222.357.412.378
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051F0158/00B000 | Wallonia | 1,071 m² | 1 · 114 m² | 10.4 m · 3 fl. |
| 21447B0313/00Z017 | Brussels | 138 m² | 1 · 87 m² | 20.7 m · 6 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.
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LORE VAN KEER
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VAN DE POPULIERE
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Of 1,528 companies in sector 32123 we hold annual accounts for 225. 116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-10-1969
Fiscal year end31-12
Activities, NACEBEL
32123Manufacture of jewellery
36223
32124Other manufacturing
Sources
Crossroads Bank for EnterprisesNational Bank · 49 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.