IMO-DECORS

Active

Private limited companyfounded 198442 yrs activeSint-Pieterskerkstraat 54, 1090 Jette, BelgiumKBO/BCE: BE 0425.479.018

IMO-DECORS has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.20M and a net result of €25k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 84% of 7684 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

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Checked score

Score 2025

86 / 100

Excellent▼ -8 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability10▼-30

Solvency100=

Growth52=

Stability100

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €100k at 30 days acceptable

Liquidity ample (current ratio 3.93 against 5.56 in 2024), and 24.7% of the assets are financed with debt.

How do we compute the score and the probability?

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

75.3%

Return on assets

1.6%

Age of the figures

8 mo

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €1.2M

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 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 filings

Deviation from the deadline

2025

39 d late

2024

23 d late

2023

22 d early

2022

94 d early

2021

54 d late

2020

44 d early

2019

30 d early

← before the deadline after the deadline →

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 months

Position in the running window

13-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€1.20M▲ 1.7%

2024 · €1.18M

2018: €932k 2019: €1.12M 2020: €1.06M 2021: €1.10M 2022: €1.12M 2023: €1.08M 2024: €1.18M

2018 → 2025

Total assets

€1.59M▲ 0.1%

2024 · €1.59M

2018: €1.47M 2019: €1.48M 2020: €1.65M 2021: €1.70M 2022: €1.67M 2023: €1.56M 2024: €1.59M

2018 → 2025

Net result

€25k▼ 73.2%

2024 · €93k

2018: €336k 2019: €187k 2020: €-57k 2021: €53k 2022: €56k 2023: €-31k 2024: €93k

2018 → 2025

Working capital

€277k▼ 3.5%

2024 · €287k

2018: €454k 2019: €463k 2020: €286k 2021: €295k 2022: €281k 2023: €210k 2024: €287k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€1.10M-€1.12M▲ 1.4%€1.08M▼ 3.2%€1.18M▲ 8.6%€1.20M▲ 1.7%

Operating result€78k-€90k▲ 15.9%€-19k€123k€39k▼ 67.9%

Net result€53k-€56k▲ 5.0%€-31k€93k€25k▼ 73.2%

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 68% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.59M

76.6%

23.4%

Fixed assets €1.21M▼ 1.6%

Current assets €372k▲ 6.2%

Equity and liabilities €1.59M

75.3%

17.9%

Equity €1.20M▲ 1.7%

Provisions €107k▼ 2.3%

Debt €284k▼ 5.3%

The debt ratio falls from 18.9% to 17.9%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€117k▼

2024 · €178k

Cash flow

€102k▼

2024 · €148k

Solvency

75.3%▲

2024 · 74.2%

Current ratio

3.93▼

2024 · 5.56

Quick ratio

3.87▼

2024 · 5.45

Debt / equity

0.24▼

2024 · 0.26

ROE

2.1%▼

2024 · 7.9%

ROA

1.6%▼

2024 · 5.9%

Interest coverage

19.15▼

2024 · 24.52

Debt

€284k▼

2024 · €300k

Debt ≤ 1 year

€95k▲

2024 · €63k

Debt > 1 year

€189k▼

2024 · €237k

Income taxes

€16k▼

2024 · €25k

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€1.59M€1.59M▲

Fixed assets21/28€1.24M€1.21M▼

Tangible fixed assets22/27€860k€1.21M▲

Land and buildings22€809k€1.17M▲

Plant, machinery and equipment23€26k€22k▼

Furniture and vehicles24€26k€26k▲

Financial fixed assets28€375k-

Current assets29/58€350k€372k▲

Stocks and contracts in progress3€7k€5k▼

Stocks30/36€7k€5k▼

Amounts receivable within one year40/41€154k€102k▼

Trade receivables40€89k€70k▼

Other amounts receivable41€65k€32k▼

Cash at bank and in hand54/58€182k€229k▲

Deferred charges and accrued income490/1€7k€36k▲

Equity and liabilities

Total equity and liabilities10/49€1.59M€1.59M▲

Equity10/15€1.18M€1.20M▲

Contributions10/11€20k€20k=

Outside capital11€20k€20k=

Other1109/19€20k€20k=

Reserves13€1.14M€1.16M▲

Tax-exempt reserves132€379k€372k▼

Distributable reserves133€763k€788k▲

Profit (loss) carried forward14€13k€15k▲

Provisions and deferred taxes16€110k€107k▼

Deferred taxes168€110k€107k▼

Amounts payable17/49€300k€284k▼

Amounts payable after more than one year17€237k€189k▼

Financial debts170/4€237k€189k▼

Amounts payable within one year42/48€63k€95k▲

Current portion of amounts payable after more than one year42€47k€48k▲

Trade debts44€685€4k▲

Suppliers440/4€685€4k▲

Taxes, remuneration and social security45€15k€31k▲

Taxes450/3€14k€24k▲

Remuneration and social security454/9€934€6k▲

Other amounts payable47/48€698€12k▲

Accrued charges and deferred income492/3-€515

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€77k▲

Other operating charges640/8€13k€14k▲

Gross operating margin9900€191k€130k▼

Operating profit (loss)9901€123k€39k▼

Financial income75/76B-€131

Recurring financial income75-€131

Financial charges65/66B€7k€6k▼

Recurring financial charges65€7k€6k▼

Profit (loss) for the period before taxes9903€116k€34k▼

Transfer from deferred taxes780€3k€8k▲

Income taxes67/77€25k€16k▼

Profit (loss) for the period9904€93k€25k▼

Transfer from tax-exempt reserves789€8k€3k▼

Profit (loss) for the period to be appropriated9905€101k€28k▼

Appropriation of the result

Profit (loss) to be appropriated9906€98k€40k▼

Profit (loss) brought forward from the previous period14P€-3k€13k▲

Transfer to equity691/2€85k€25k▼

To other reserves6921€85k€25k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

08-09

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 39 days late

2025

23-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 23 days late

2024

31-12

Financial Back to profitnet €93k

Net result €93k after one loss-making year.

09-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

28-04

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

23-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 54 days late

2021

31-12

Financial Back to profitnet €53k

Net result €53k after one loss-making year.

17-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Weakest financial yearnet €-57k ▼131%

Net result drops to €-57k, the lowest in the series; recovery starts the following year.

01-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Equity above €1MEq €1.12M ▲20.1%

2 profitable years in a row build equity to €1.12M.

14-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 14 days late

2018

16-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 16 days late

2017

20-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

under verification, no change since 2023

This board is reconstructed from a single act (23458585). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

GEMENICK Fabian

Director · since 14-12-2023

Current

GEMENICK Joffrey

Director · since 14-12-2023

Current

GEMENICK Philippe

Director · since 14-12-2023

Current

14-12-2023 GEMENICK Fabian: Appointed as Director

14-12-2023 GEMENICK Joffrey: Appointed as Director

14-12-2023 GEMENICK Philippe: Appointed as Director