INSIDE DECORATIONS
ActiveINSIDE DECORATIONS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85k and a net result of €43k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 16% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+7
Solvency40▲+7
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.05 in 2024; short-term debt: 62.2% and cash: 7.3% of total assets), and 84.8% 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
raises risk · 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 →
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
15.2%
Return on assets
7.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 7760 sector peers (2025).
NBB · sector comparisonPosition among 7760 sector peers
Solvency
better than 16%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €85k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
46 d late
2023
26 d late
2022
30 d late
2021
39 d early
2020
22 d early
2019
7 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€85k▲ 101%
2024 · €43k
2018: €74k
2019: €78k
2020: €72k
2021: €83k
2022: €118k
2023: €33k
2024: €43k
2018 → 2025
Total assets
€561k▲ 10.5%
2024 · €508k
2018: €575k
2019: €563k
2020: €406k
2021: €656k
2022: €584k
2023: €477k
2024: €508k
2018 → 2025
Net result
€43k▲ 333%
2024 · €10k
2018: €13k
2019: €4k
2020: €-5k
2021: €10k
2022: €35k
2023: €-85k
2024: €10k
2018 → 2025
Working capital
€57k▲ 216%
2024 · €18k
2018: €-35k
2019: €-48k
2020: €-43k
2021: €-18k
2022: €-33k
2023: €-41k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€118k▲ 42.3%€33k▼ 72.2%€43k▲ 30.2%€85k▲ 101%
Operating result€29k-€46k▲ 55.5%€-74k€20k€49k▲ 144%
Net result€10k-€35k▲ 243%€-85k€10k€43k▲ 333%
Turnover and EBIT margin not published: the abbreviated 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 144% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €561k
Fixed assets
€155k▲ 24.2%
Current assets
€406k▲ 6.0%
Equity and liabilities €561k
Equity
€85k▲ 101%
Debt
€476k▲ 2.3%
The debt ratio falls from 91.6% to 84.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€154k▲
2024 · €95k
Cash flow
€148k▲
2024 · €84k
Solvency
15.2%▲
2024 · 8.4%
Current ratio
1.16▲
2024 · 1.05
Quick ratio
0.78▲
2024 · 0.69
Debt / equity
5.58▼
2024 · 10.94
ROE
50.2%▲
2024 · 23.2%
ROA
7.6%▲
2024 · 1.9%
Interest coverage
30.93▲
2024 · 8.97
Debt
€476k▲
2024 · €465k
Debt ≤ 1 year
€349k▼
2024 · €365k
Debt > 1 year
€72k▲
2024 · €66k
Income taxes
€3k▲
2024 · €519
Staff costs
€317k▲
2024 · €252k
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€508k€561k▲
Fixed assets21/28€125k€155k▲
Intangible fixed assets21€651€2k▲
Tangible fixed assets22/27€124k€153k▲
Land and buildings22€27k€19k▼
Plant, machinery and equipment23€62k€31k▼
Furniture and vehicles24€35k€75k▲
Leasing and similar rights25-€28k
Current assets29/58€383k€406k▲
Stocks and contracts in progress3€133k€133k=
Stocks30/36€133k€133k=
Amounts receivable within one year40/41€225k€226k▲
Trade receivables40€225k€207k▼
Other amounts receivable41€237€19k▲
Cash at bank and in hand54/58€19k€41k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€508k€561k▲
Equity10/15€43k€85k▲
Contributions10/11€20k€20k=
Reserves13€22k€65k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€9k€9k=
Distributable reserves133€13k€56k▲
Amounts payable17/49€465k€476k▲
Amounts payable after more than one year17€66k€72k▲
Financial debts170/4€24k€48k▲
Other amounts payable178/9€42k€24k▼
Amounts payable within one year42/48€365k€349k▼
Current portion of amounts payable after more than one year42€26k€29k▲
Financial debts43€100k€75k▼
Credit institutions430/8€100k€75k▼
Trade debts44€205k€209k▲
Suppliers440/4€205k€209k▲
Advances received on contracts in progress46€8k€0▼
Taxes, remuneration and social security45€25k€35k▲
Taxes450/3€8k€760▼
Remuneration and social security454/9€17k€34k▲
Accrued charges and deferred income492/3€34k€55k▲
Income statement
Code20242025
Non-recurring operating income76A€413€5k▲
Remuneration, social security and pensions62€252k€317k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€105k▲
Other operating charges640/8€3k€5k▲
Non-recurring operating charges66A€847€2k▲
Gross operating margin9900€351k€478k▲
Operating profit (loss)9901€20k€49k▲
Financial income75/76B€785€1k▲
Recurring financial income75€785€1k▲
Financial charges65/66B€11k€5k▼
Recurring financial charges65€11k€5k▼
Profit (loss) for the period before taxes9903€10k€45k▲
Income taxes67/77€519€3k▲
Profit (loss) for the period9904€10k€43k▲
Profit (loss) for the period to be appropriated9905€10k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€43k▲
Transfer from equity791/2€0-
Transfer to equity691/2€10k€43k▲
To the legal reserve6920€10k€0▼
To other reserves6921-€43k
Social balance
Average headcount (FTE)90874.15.7▲
The notes to these accounts (26 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €43k ▲333%
Operating result €49k, net result €43k, both a record.
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 46 days late
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €-85k ▼343%
Net result drops to €-85k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Equity above €100kEq €118k ▲42.3%
2 profitable years in a row build equity to €118k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zwevegem · 1 establishment unit since 2007
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.
Ellestraat(Z) 79c8550 ZwevegemGround area
1,992 m²
Building footprint
1,116 m²
Volume, LiDAR
6,773 m³
Parcel 34042B0299/00Y000, Flanders · tallest building 49.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INSIDE DECORATIONS
since 20072.159.376.881
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042B0299/00Y000 | Flanders | 1,992 m² | 1 · 1,115 m² | 49.4 m · 2 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 to 2025 · 4 entries · 6,333 EUR awarded · 6,333 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 144 EUR | 144 EUR |
| 2023 | 1 | 2,980 EUR | 2,980 EUR |
| 2022 | 2 | 3,209 EUR | 3,209 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
3 live approvalsBinnenschrijnwerk en interieur duaal (so)
Interieurbouwer duaal (so)
Medewerker hout duaal (so)
Similar companies · same sector, comparable size
Alphine Renovatie
BE 0630.921.058
Antwerpen · Eq €85k
VERSTRAETE-JONCKHEERE & ZOON
BE 0542.770.923
Middelkerke · Eq €85k
DECORATIE WATTEYN
BE 0436.325.301
Menen · Eq €85k
ADRIAENS INTERIEUR
BE 0880.294.301
Haaltert · Eq €85k
ARTIFEX
BE 0599.879.375
Bonheiden · Eq €85k
Of 7,861 companies in sector 43341 we hold annual accounts for 2,664. 2,306 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2007
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
13929Manufacture of textiles
17402
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 · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.