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JDA Decor

Active
Private limited companyfounded 2024active for 1 yearBrunicolaan 28, 8700 Tielt, BelgiumKBO/BCE: BE 1017.442.502

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of JDA Decor is 2.6% (moderate). The 2025 annual accounts show equity of €83,775 and a net result of €82,941. Its solvency ranks better than 51% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed 27 days after the deadline Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00435188.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
27-08-2026
Format
micro format
Reference
2026-00435188
Turnover
≈ €380,000
Estimated: probably between €260,000 and €560,000
Total assets
€174,794
Net result
€82,941
Working capital
€48,214

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €174,794
Fixed assets €69,158
Current assets €105,636
Equity and liabilities €174,794
Equity €83,775
Debt €91,019
Debt's share of the balance-sheet total is 52.1%.
Key figures and ratios
2025 value
EBITDA
€111,342
Cash flow
€89,002
Current ratio
1.84
Quick ratio
1.83
Debt to equity
1.09
ROE
99.0%
ROA
47.5%
Interest coverage
over 100
Debt ≤ 1 year
€57,423
Debt > 1 year
€33,597
Income taxes
€21,592

Companies with the same profile, two years later

Historical observation

In July 2024, 11,279 companies had the same profile as JDA Decor has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% was still going

The bankruptcy probability of JDA Decor itself is higher: 2.6% within 12 months. It rests on far more data about JDA Decor than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 11,279 companies, not a prediction for JDA Decor. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 45 lines

Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.

Balance sheet Code2025
Assets
Total assets20/58€174,794
Fixed assets21/28€69,158
Tangible fixed assets22/27€69,158
Plant, machinery and equipment23€5,296
Furniture and vehicles24€63,862
Current assets29/58€105,636
Stocks and contracts in progress3€500
Stocks30/36€500
Amounts receivable within one year40/41€54,265
Trade receivables40€50,777
Other amounts receivable41€3,488
Current investments50/53€48,900
Cash at bank and in hand54/58€1,972
Equity and liabilities
Total equity and liabilities10/49€174,794
Equity10/15€83,775
Contributions10/11€2,500
Reserves13€81,275
Distributable reserves133€81,275
Amounts payable17/49€91,019
Amounts payable after more than one year17€33,597
Financial debts170/4€33,597
Amounts payable within one year42/48€57,423
Current portion of amounts payable after more than one year42€8,592
Trade debts44€32,851
Suppliers440/4€32,851
Taxes, remuneration and social security45€11,597
Taxes450/3€11,597
Other amounts payable47/48€4,383
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,061
Other operating charges640/8€1,644
Gross operating margin9900€112,986
Operating profit (loss)9901€105,281
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€767
Recurring financial charges65€767
Profit (loss) for the period before taxes9903€104,533
Income taxes67/77€21,592
Profit (loss) for the period9904€82,941
Profit (loss) for the period to be appropriated9905€82,941
Appropriation of the result
Profit (loss) to be appropriated9906€82,941
Transfer to equity691/2€81,275
To other reserves6921€81,275
Profit to be distributed694/7€1,666
Return on contributions (dividend)694€1,666

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,061
Other operating charges640/8€1,644
Gross operating margin9900€112,986
Operating profit (loss)9901€105,281
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€767
Recurring financial charges65€767
Profit (loss) for the period before taxes9903€104,533
Income taxes67/77€21,592
Profit (loss) for the period9904€82,941
Profit (loss) for the period to be appropriated9905€82,941
Line2025
Assets
Total assets20/58€174,794
Fixed assets21/28€69,158
Tangible fixed assets22/27€69,158
Plant, machinery and equipment23€5,296
Furniture and vehicles24€63,862
Current assets29/58€105,636
Stocks and contracts in progress3€500
Stocks30/36€500
Amounts receivable within one year40/41€54,265
Trade receivables40€50,777
Other amounts receivable41€3,488
Current investments50/53€48,900
Cash at bank and in hand54/58€1,972
Equity and liabilities
Total equity and liabilities10/49€174,794
Equity10/15€83,775
Contributions10/11€2,500
Reserves13€81,275
Distributable reserves133€81,275
Amounts payable17/49€91,019
Amounts payable after more than one year17€33,597
Financial debts170/4€33,597
Amounts payable within one year42/48€57,423
Current portion of amounts payable after more than one year42€8,592
Trade debts44€32,851
Suppliers440/4€32,851
Taxes, remuneration and social security45€11,597
Taxes450/3€11,597
Other amounts payable47/48€4,383
Line2025
Profit (loss) for the period9904€82,941
+ Depreciation and write-downs630€6,061
Operating cash flow (approximation)€89,002

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 27-08-2026 2026-00435188 NBB

Comparable companies

These companies have the same main activity as JDA Decor: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €128,000 and €171,000, founded between 2023 and 2025.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
JDA Decor Tielt2024€174,794€83,775€112,986-€82,9412025
Gaemento Roeselare2024€160,193€79,576€116,909-€79,4092025
Nart Decor Tielt2023€163,059€60,115€115,806-€59,3332025
JGDesign Beernem2024€170,812€96,648€149,083-€93,3142025
TASSA DECO Oostende2024€154,861€57,209€151,434-€44,0022025
Schilderwerken CVA Anzegem2025€127,745€80,226€110,139-€76,0592025
DINAST Meerhout2025€170,110€116,960€153,412€161,751€111,9602025

They were chosen from the 2,628 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.