K.A. Decor
ActiveSummary
The computed 12-month bankruptcy probability of K.A. Decor is 1.9% (moderate). The 2025 annual accounts show equity of €85,483 and a net result of €6,673. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 66% of 28374 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability55▼-37
Solvency86▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.44 against 2.83 in 2024; short-term debt: 28.4% and cash: 20.5% of total assets), and 38.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
61.2%
Return on assets
4.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
54 d late
2023
2 d late
2022
67 d late
2021
74 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 39 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 23 September (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
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Financials · fiscal year 2025, micro schema
Equity
€85,483▲ 8.5%
2024 · €78,810
Total assets
€139,598▲ 6.9%
2024 · €130,575
Net result
€6,673▼ 72.8%
2024 · €24,504
Working capital
€57,080▼ 10.6%
2024 · €63,854
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€41,793-€13,194▼ 68.4%€15,997▲ 21.3%€41,418▲ 159%€16,703▼ 59.7%
Net result€29,852above the sector's middle half-€7,603within the sector's middle half▼ 74.5%€6,851within the sector's middle half▼ 9.9%€24,504within the sector's middle half▲ 258%€6,673within the sector's middle half▼ 72.8%
Equity€39,852within the sector's middle half-€47,455within the sector's middle half▲ 19.1%€54,306within the sector's middle half▲ 14.4%€78,810within the sector's middle half▲ 45.1%€85,483within the sector's middle half▲ 8.5%
Total assets€95,841within the sector's middle half-€84,946within the sector's middle half▼ 11.4%€86,785within the sector's middle half▲ 2.2%€130,575within the sector's middle half▲ 50.5%€139,598within the sector's middle half▲ 6.9%
Debt€55,989-€37,491▼ 33.0%€32,479▼ 13.4%€51,765▲ 59.4%€54,115▲ 4.5%
Working capital€33,931within the sector's middle half-€40,667within the sector's middle half▲ 19.8%€43,704within the sector's middle half▲ 7.5%€63,854within the sector's middle half▲ 46.1%€57,080within the sector's middle half▼ 10.6%
Solvency41.6%within the sector's middle half-55.9%within the sector's middle half▲ 14.3pp62.6%within the sector's middle half▲ 6.7pp60.4%within the sector's middle half▼ 2.2pp61.2%within the sector's middle half▲ 0.9pp
Current ratio1.83within the sector's middle half-2.37within the sector's middle half▲ 0.542.39within the sector's middle half▲ 0.022.83within the sector's middle half▲ 0.442.44within the sector's middle half▼ 0.39
Return on assets (ROA)31.1%above the sector's middle half-9.0%within the sector's middle half▼ 22.2pp7.9%within the sector's middle half▼ 1.1pp18.8%above the sector's middle half▲ 10.9pp4.8%within the sector's middle half▼ 14.0pp
Staff (FTE)1.2-2.6▲ 117%2.7▲ 3.8%3.3▲ 22.2%5▲ 51.5%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 60% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €139,598
Fixed assets
€42,831 ▲ 35.7%
Current assets
€96,767 ▼ 2.1%
Equity and liabilities €139,598
Equity
€85,483 ▲ 8.5%
Debt
€54,115 ▲ 4.5%
Debt's share of the balance-sheet total falls from 39.6% to 38.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23,743▼
2024 · €49,177
Cash flow
€13,713▼
2024 · €32,263
Debt to equity
0.63▼
2024 · 0.66
ROE
7.8%▼
2024 · 31.1%
Interest coverage
3.66▼
2024 · 11.75
Debt ≤ 1 year
€39,687▲
2024 · €34,955
Debt > 1 year
€14,428▼
2024 · €16,810
Income taxes
€4,199▼
2024 · €13,070
Staff costs
€254,544▲
2024 · €145,699
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €96,622 | €113,487 | €126,915 | €145,699 | €254,544 | ▲ 74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,460 | €7,613 | €8,317 | €7,759 | €7,041 | ▼ 9.3% |
| Other operating charges640/8 | €1,416 | €200 | €119 | €588 | €564 | ▼ 4.0% |
| Gross operating margin9900 | €143,292 | €134,493 | €151,348 | €195,464 | €278,851 | ▲ 42.7% |
| Operating profit (loss)9901 | €41,793 | €13,194 | €15,997 | €41,418 | €16,703 | ▼ 59.7% |
| Financial income75/76B | €384 | €422 | €354 | €341 | €647 | ▲ 89.9% |
| Recurring financial income75 | €384 | €422 | €354 | €341 | €647 | ▲ 89.9% |
| Financial charges65/66B | €1,327 | €2,458 | €4,491 | €4,185 | €6,479 | ▲ 54.8% |
| Recurring financial charges65 | €1,327 | €2,458 | €4,491 | €4,185 | €6,479 | ▲ 54.8% |
| Profit (loss) for the period before taxes9903 | €40,850 | €11,157 | €11,860 | €37,574 | €10,872 | ▼ 71.1% |
| Income taxes67/77 | €10,997 | €3,554 | €5,009 | €13,070 | €4,199 | ▼ 67.9% |
| Profit (loss) for the period9904 | €29,852 | €7,603 | €6,851 | €24,504 | €6,673 | ▼ 72.8% |
| Profit (loss) for the period to be appropriated9905 | €29,852 | €7,603 | €6,851 | €24,504 | €6,673 | ▼ 72.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €95,841 | €84,946 | €86,785 | €130,575 | €139,598 | ▲ 6.9% |
| Formation expenses20 | €788 | €591 | €394 | €197 | €0 | ▼ 100% |
| Fixed assets21/28 | €20,220 | €14,013 | €11,283 | €31,570 | €42,831 | ▲ 35.7% |
| Tangible fixed assets22/27 | €20,220 | €14,013 | €11,283 | €31,570 | €42,831 | ▲ 35.7% |
| Land and buildings22 | - | - | €1,030 | €20,204 | €24,508 | ▲ 21.3% |
| Plant, machinery and equipment23 | €2,892 | €3,450 | €3,806 | €3,206 | €6,673 | ▲ 108% |
| Furniture and vehicles24 | €17,328 | €10,563 | €6,447 | €8,159 | €11,650 | ▲ 42.8% |
| Current assets29/58 | €74,834 | €70,342 | €75,108 | €98,808 | €96,767 | ▼ 2.1% |
| Amounts receivable within one year40/41 | €33,613 | €32,532 | €34,825 | €46,668 | €61,424 | ▲ 31.6% |
| Trade receivables40 | €6,560 | €8,684 | €7,806 | €18,320 | €24,892 | ▲ 35.9% |
| Other amounts receivable41 | €27,053 | €23,848 | €27,019 | €28,347 | €36,532 | ▲ 28.9% |
| Cash at bank and in hand54/58 | €38,387 | €34,858 | €37,851 | €46,754 | €28,556 | ▼ 38.9% |
| Deferred charges and accrued income490/1 | €2,834 | €2,952 | €2,433 | €5,386 | €6,787 | ▲ 26.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €95,841 | €84,946 | €86,785 | €130,575 | €139,598 | ▲ 6.9% |
| Equity10/15 | €39,852 | €47,455 | €54,306 | €78,810 | €85,483 | ▲ 8.5% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €29,852 | €37,455 | €44,306 | €68,810 | €75,483 | ▲ 9.7% |
| Distributable reserves133 | €29,852 | €37,455 | €44,306 | €68,810 | €75,483 | ▲ 9.7% |
| Amounts payable17/49 | €55,989 | €37,491 | €32,479 | €51,765 | €54,115 | ▲ 4.5% |
| Amounts payable after more than one year17 | €15,087 | €6,937 | €1,074 | €16,810 | €14,428 | ▼ 14.2% |
| Financial debts170/4 | €15,087 | €6,937 | €1,074 | €16,810 | €14,428 | ▼ 14.2% |
| Amounts payable within one year42/48 | €40,902 | €29,675 | €31,405 | €34,955 | €39,687 | ▲ 13.5% |
| Current portion of amounts payable after more than one year42 | €7,711 | €8,149 | €5,864 | €7,212 | €7,920 | ▲ 9.8% |
| Trade debts44 | €16,927 | €1,609 | €10,171 | €5,819 | €15,966 | ▲ 174% |
| Suppliers440/4 | €16,927 | €1,609 | €10,171 | €5,819 | €15,966 | ▲ 174% |
| Taxes, remuneration and social security45 | €16,264 | €19,917 | €15,370 | €21,924 | €15,800 | ▼ 27.9% |
| Taxes450/3 | €10,997 | €16,927 | €12,405 | €17,134 | €15,800 | ▼ 7.8% |
| Remuneration and social security454/9 | €5,267 | €2,990 | €2,965 | €4,791 | - | - |
| Accrued charges and deferred income492/3 | - | €878 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,852 | €7,603 | €6,851 | €24,504 | €6,673 | ▼ 72.8% |
| + Depreciation and write-downs630 | €3,460 | €7,613 | €8,317 | €7,759 | €7,041 | ▼ 9.3% |
| Operating cash flow (approximation) | €33,313 | €15,216 | €15,168 | €32,263 | €13,713 | ▼ 57.5% |
| Investment in fixed assets (approximation) | - | -€1,406 | -€5,586 | -€28,046 | -€18,302 | ▲ 34.7% |
| Change in cash | - | -€3,529 | €2,993 | €8,904 | -€18,199 | ▼ 304% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €6,673 ▼72.8%
Net result drops to €6,673, the lowest in the series.
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oudsbergen · 1 establishment unit since 2020
Ground area
1,344 m²
Building footprint
227 m²
Volume, LiDAR
1,296 m³
Parcel 72011C0958/00T018, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
K.A. Decor
since 20202.301.755.461
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72011C0958/00T018 | Flanders | 1,344 m² | 1 · 227 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
Recognitions · licences · registrations
Dual-learning approval
5 live approvalsDecoratie en schilderwerken duaal (so)
Fijnschilder (vwo)
Fijnschilder duaal (so)
Medewerker schilder- en behangwerken duaal (so)
Schilder-decorateur (vwo)
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INSIDE DECORATIONS
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Of 7,862 companies in this sector we hold annual accounts for 2,666. 2,304 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded29-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0746577029
Registered
10-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.