Equity
€1.9m ▲ 2.4%
Jansen Decoration has made a profit without a break since 2011.
Jansen Decoration
Lifetime
17 annual accounts with figures on one time axis, 22 filings since 2003peak €1.7m (2015)
€1.2m▼ 8.5%
lowest -€92 (2010)
€45,044▼ 25.7%
peak €1.9m (2024)
€1.9m▲ 2.4%
€609,939▲ 36.1%
peak 37.6 FTE (2015)
19.9 FTE▼ 13.9%
Board7 names since 2020
2 directorsJANSEN THE BUILDING COMPANY and 1 other
Owners2 names in the annual accounts
100%JANSEN INTERNAL SERVICES and 1 other
Documentsfilings and deeds
23-07-20258 days before the deadline
2024abbreviated format
Result from €60,628 to €45,044Staff from 23.1 FTE to 19.9 FTEDebts from €448,316 to €609,939Investments €41,244Cash from €222,042 to €86,511
Key points
from the 2024 annual accountsInvestments
€41,244 2.2 × depreciation
Green is investment, beige is depreciation.
Staff
19.9 FTE from 37.6 in 2015
Between 2015 and 2024, 47% of the full-time equivalents disappeared.
Filings
22 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Board
1 left
A director left. Latest change 06-01-2026 · 1 in office.
Position in the sector
€1.9m
More equity than 93% of companies in specialised construction. Sector median €343,920 · 7,412 companies.
Checked score
56
Fair
Financially stronger than 58% of small companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.3%▲ +0.1 percentage points vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.3 percentage points vs 07-2026
09-2026: 0.8%▲ +0.2 percentage points vs 08-2026
10-2026: 1.2%▲ +0.4 percentage points vs 09-2026highest value
11-2026: 1.2%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 24-07-2025)
Size: 19.9 FTE, total assets €2.6m
lowers risk
Founded in 2002
Equity €1.9m (76.1% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 95% of them on solvency, 52% on liquidity, 44% on profitability and 40% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as Jansen Decoration has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Jansen Decoration itself is higher: 1.2% within 12 months. It rests on far more data about Jansen Decoration than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for Jansen Decoration. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €100,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 4.35 (5.59 in 2023), above the usual 1.5. Short-term debt is 22.4% and cash 3.4% of total assets. 23.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
8 days early
2023
on the day
2022
18 days early
2021
1 day early
2020
8 days early
2019
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 12 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- JANSEN INTERNAL SERVICES 100%equity €3.0m (2024) · annual accounts 2024
- Panach Invest BV consolidatesequity €589,620 (2024) · annual accounts 2024
Recent changes
1 director resigning, 1 statutory auditor reappointed
Permanent representative: JANSEN Nadia · Resignation: JANSEN THE BUILDING COMPANY (managing director) · Reappointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor) · General meeting of 28-04-2026 · Gazette deed
New managing director
JANSEN THE BUILDING COMPANY BV appointed, JANSEN INTERNAL SERVICES NV resigned · Permanent representatives: André-Philippe Moriau, Jan Heynickx and Nadia Jansen · Deenigeaandeelhouder holds all the shares · General meeting of 02-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0478954524
1 statutory auditor appointed
EY Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Nadia Jansen and André-Philippe Moriau · General meeting of 10-07-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Jansen Decoration Balen | €2.6m | €1.2m | 76.1% | 19.9 |
| SCHILDER VERTRIEST Ghent | €2.2m | €1.6m | 25.6% | 19.5 |
| DECALUWE Tournai | €2.6m | €1.7m | 79.7% | 23.7 |
| SCHILDERWERKEN VENNEMAN Opwijk | €2.3m | €1.7m | 33.1% | 23.3 |
| KREAPAINT Beringen | €3.7m | €1.4m | 38.2% | 19.5 |
| BRONKART Liège | €2.5m | €1.7m | 38.5% | 23.1 |
| COLOR BY CHERCHYE Ypres | €1.8m | €1.3m | 15.2% | 16.9 |
These companies have the same main activity as Jansen Decoration: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €1.8m and €3.7m, founded between 1996 and 2007.
Official details
Source: KBO- Status
- Active since 06-12-2002Normal situation
- Activity
- Painting of buildingsNACE 43341and 2 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 124Construction · annual accounts 2023
- Establishment unit
- 2.115.463.0032490 Balen, since 03-01-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 25-09-2025
Annual accounts 2024
- ≈ €3.5mestimated
- €2.6m▲ 8.9%
- Employeeson 31-12-2024
- 21▼ 8.7%
- Filing
- Filed on 23-07-2025
Insights on Jansen Decoration
Jansen Decoration files the abbreviated format. That format states no turnover. The gross margin fell from €1.4m in 2008 to €1.2m in 2024.
JANSEN INTERNAL SERVICES holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Jansen Decoration
- What is the company number of Jansen Decoration?
- The company number of Jansen Decoration is 0478.954.524. The VAT number is the same number with BE in front: BE 0478.954.524.
- Where is Jansen Decoration based?
- The registered office is at Metaalstraat 9, 2490 Balen.Company details
- What does Jansen Decoration do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of Jansen Decoration?
- Jansen Decoration is a public limited company (NV).
- When was Jansen Decoration founded?
- Jansen Decoration was founded on 06-12-2002.
- Is Jansen Decoration still active?
- Yes, Jansen Decoration is an active enterprise in the KBO register.
- How many employees does Jansen Decoration have?
- Jansen Decoration had an average of 19.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does Jansen Decoration fall under?
- In its 2023 annual accounts, Jansen Decoration states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
- What is the turnover of Jansen Decoration?
- The turnover in financial year 2024 is ≈ €3.5m. This figure is estimated from the gross margin of €1.2m and 67 comparable companies (NACE 43). It probably lies between €2.7m and €4.7m.
- Is Jansen Decoration profitable?
- In financial year 2024, Jansen Decoration made a profit of €45,044.
- Where can I find the annual accounts of Jansen Decoration?
- Jansen Decoration filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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