Checked.be · Company dossierhttps://checked.be/en/c/ideal-decor-0430648623 · as of 18-10-2026
IDEAL DECOR
Active
Coöperatieve vennootschap (oud statuut) · founded 1987 · active for 39 yearsRue Franc Bois(Y-G) 46, 5650 Walcourt, BelgiumKBO/BCE: BE 0430.648.623
Summary
The computed 12-month bankruptcy probability of IDEAL DECOR is 8.1% (elevated). For IDEAL DECOR, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€13,370) and a net result of -€21,900. Equity is shrinking by about 126% per year across the filed financial years. The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2021 (filed 31-08-2022)Loss of €21,900, the second in a row (financial year 2021)Two or more financial years not filedlowers riskFounded in 1987Size: total assets €3,405neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0-59
equity -392.6% of total assets
Liquidity50+19
short-term debt 492.6% · cash 56.6%
Profitability0-35
return on assets -643.1%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
8.1%Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 7.6%12-2024: 7.6%● unchanged vs 11-202401-2025: 7.6%● unchanged vs 12-202402-2025: 7.6%● unchanged vs 01-202503-2025: 7.6%● unchanged vs 02-202504-2025: 7.6%● unchanged vs 03-202505-2025: 7.6%● unchanged vs 04-202506-2025: 7.6%● unchanged vs 05-202507-2025: 7.6%● unchanged vs 06-202508-2025: 7.1%▼ -0.5 percentage points vs 07-2025lowest value09-2025: 7.1%● unchanged vs 08-2025lowest value10-2025: 7.1%● unchanged vs 09-2025lowest value11-2025: 7.1%● unchanged vs 10-2025lowest value12-2025: 7.1%● unchanged vs 11-2025lowest value01-2026: 7.1%● unchanged vs 12-2025lowest value02-2026: 8.1%▲ +1.0 percentage point vs 01-2026highest value03-2026: 8.1%● unchanged vs 02-2026highest value04-2026: 8.1%● unchanged vs 03-2026highest value05-2026: 8.1%● unchanged vs 04-2026highest value06-2026: 8.1%● unchanged vs 05-2026highest value07-2026: 8.1%● unchanged vs 06-2026highest value08-2026: 8.1%● unchanged vs 07-2026highest value09-2026: 8.1%● unchanged vs 08-2026highest value10-2026: 8.1%● unchanged vs 09-2026highest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2022 year end31-07-2023 deadline18-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
This company filed its last 3 accounts on average 215 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2021 · micro…
Weakest financial yearnet -€21,900
Annual accounts filedfinancial year 2020 · micro…
Key points
Risk: Accounts not fileddeadline was 31-07-20231175 days lateView
Risk: Negative equityfinancial year 2021: debts exceed assets-€13,370View