LUXURY DECOR
ActiveSummary
LUXURY DECOR has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €124k and a net result of €4k. Equity is growing by ~41.6% per year across the filed fiscal years. Its solvency ranks better than 93% of 2056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability61▼-23
Solvency100▲+9
Growth57▼-22
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 7.2 against 2.8 in 2024; short-term debt: 13.4% and cash: 12.7% of total assets), and 13.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
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
86.6%
Return on assets
2.7%
Age of the figures
16 mo
neutral · Filed after the deadline
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 05-01-2026, 5 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 · 9 filingsDeviation from the deadline
2025
5 d late
2024
7 d early
2023
30 d late
2022
10 d late
2021
11 d late
2020
18 d late
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close25-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
€192k▼ 8.9%
2024 · €211k
2019: €107k
2020: €49k▼ -54.4% vs 2019lowest in 7 years
2021: €191k▲ +291% vs 2020
2022: €339k▲ +77.0% vs 2021
2023: €599k▲ +76.7% vs 2022highest in 7 years
2024: €211k▼ -64.8% vs 2023
2025: €192k▼ -8.9% vs 2024
2019 → 2025
EBIT margin
3.1%▼ 12.8pp
2024 · 15.9%
2019: 8.8%
2020: 16.0%▲ +81.9% vs 2019highest in 7 years
2021: 10.1%▼ -36.7% vs 2020
2022: 3.1%▼ -68.9% vs 2021
2023: 13.2%▲ +319% vs 2022
2024: 15.9%▲ +20.6% vs 2023
2025: 3.1%▼ -80.4% vs 2024lowest in 7 years
2019 → 2025
Net result
€4k▼ 81.9%
2024 · €21k
2019: €7k
2020: €6k▼ -18.0% vs 2019
2021: €15k▲ +157% vs 2020
2022: €5k▼ -68.5% vs 2021
2023: €55k▲ +1030% vs 2022highest in 7 years
2024: €21k▼ -61.0% vs 2023
2025: €4k▼ -81.9% vs 2024lowest in 7 years
2019 → 2025
Working capital
€119k▲ 6.3%
2024 · €112k
2019: €17klowest in 7 years
2020: €23k▲ +34.4% vs 2019
2021: €39k▲ +65.8% vs 2020
2022: €44k▲ +12.5% vs 2021
2023: €97k▲ +123% vs 2022
2024: €112k▲ +14.6% vs 2023
2025: €119k▲ +6.3% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€191k-€339k▲ 77.0%€599k▲ 76.7%€211k▼ 64.8%€192k▼ 8.9%
2021: €191klowest in 5 years
2022: €339k▲ +77.0% vs 2021
2023: €599k▲ +76.7% vs 2022highest in 5 years
2024: €211k▼ -64.8% vs 2023
2025: €192k▼ -8.9% vs 2024
Equity€39k-€44k▲ 12.5%€98k▲ 126%€120k▲ 21.7%€124k▲ 3.2%
2021: €39klowest in 5 years
2022: €44k▲ +12.5% vs 2021
2023: €98k▲ +126% vs 2022
2024: €120k▲ +21.7% vs 2023
2025: €124k▲ +3.2% vs 2024highest in 5 years
Operating result€19k-€11k▼ 44.9%€79k▲ 640%€33k▼ 57.5%€6k▼ 82.1%
2021: €19k
2022: €11k▼ -44.9% vs 2021
2023: €79k▲ +640% vs 2022highest in 5 years
2024: €33k▼ -57.5% vs 2023
2025: €6k▼ -82.1% vs 2024lowest in 5 years
Net result€15k-€5k▼ 68.5%€55k▲ 1,030%€21k▼ 61.0%€4k▼ 81.9%
2021: €15k
2022: €5k▼ -68.5% vs 2021
2023: €55k▲ +1030% vs 2022highest in 5 years
2024: €21k▼ -61.0% vs 2023
2025: €4k▼ -81.9% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 82% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €143k
Fixed assets
€5k ▼ 37.8%
Current assets
€138k ▼ 20.7%
Equity and liabilities €143k
Equity
€124k ▲ 3.2%
Debt
€19k ▼ 69.2%
Debt's share of the balance-sheet total falls from 34.1% to 13.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▼
2024 · €35k
Cash flow
€7k▼
2024 · €22k
Current ratio
7.20▲
2024 · 2.80
Debt to equity
0.15▼
2024 · 0.52
ROE
3.1%▼
2024 · 17.9%
ROA
2.7%▼
2024 · 11.8%
Interest coverage
27.37▼
2024 · 77.37
Debt ≤ 1 year
€19k▼
2024 · €62k
Income taxes
€2k▼
2024 · €12k
Staff costs
€176▼
2024 · €716
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€182k€143k▼
Fixed assets21/28€8k€5k▼
Tangible fixed assets22/27€8k€5k▼
Plant, machinery and equipment23€7k€4k▼
Furniture and vehicles24€2k€924▼
Current assets29/58€174k€138k▼
Amounts receivable within one year40/41€105k€111k▲
Trade receivables40€40k€5k▼
Other amounts receivable41€65k€105k▲
Cash at bank and in hand54/58€66k€18k▼
Deferred charges and accrued income490/1€3k€9k▲
Equity and liabilities
Total equity and liabilities10/49€182k€143k▼
Equity10/15€120k€124k▲
Contributions10/11€6k€6k=
Capital10€6k-
Issued capital100€6k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€112k€116k▲
Amounts payable17/49€62k€19k▼
Amounts payable within one year42/48€62k€19k▼
Trade debts44€18k€12k▼
Suppliers440/4€9k€3k▼
Bills of exchange payable441€9k€9k▼
Taxes, remuneration and social security45€44k€7k▼
Taxes450/3€44k€7k▼
Income statement
Code20242025
Turnover70€211k€192k▼
Goods, raw materials, services and sundry goods60/61€173k€180k▲
Remuneration, social security and pensions62€716€176▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€38k€12k▼
Operating profit (loss)9901€33k€6k▼
Financial charges65/66B€446€333▼
Recurring financial charges65€446€333▼
Profit (loss) for the period before taxes9903€33k€6k▼
Income taxes67/77€12k€2k▼
Profit (loss) for the period9904€21k€4k▼
Profit (loss) for the period to be appropriated9905€21k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€112k€116k▲
Profit (loss) brought forward from the previous period14P€90k€112k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €191k | €339k | €599k | €211k | €192k | ▼ 8.9% |
| Goods, raw materials, services and sundry goods60/61 | - | €323k | €517k | €173k | €180k | ▲ 4.3% |
| Remuneration, social security and pensions62 | - | €209 | €104 | €716 | €176 | ▼ 75.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €75 | €1k | €3k | ▲ 203% |
| Other operating charges640/8 | - | €5k | €3k | €3k | €2k | ▼ 6.5% |
| Gross operating margin9900 | €21k | €16k | €82k | €38k | €12k | ▼ 69.0% |
| Operating profit (loss)9901 | €19k | €11k | €79k | €33k | €6k | ▼ 82.1% |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | €0 | - | €0 | - | - | - |
| Financial charges65/66B | - | €844 | €2k | €446 | €333 | ▼ 25.4% |
| Recurring financial charges65 | €664 | €844 | €2k | €446 | €333 | ▼ 25.4% |
| Profit (loss) for the period before taxes9903 | €19k | €10k | €77k | €33k | €6k | ▼ 82.9% |
| Income taxes67/77 | €3k | €5k | €22k | €12k | €2k | ▼ 84.7% |
| Profit (loss) for the period9904 | €15k | €5k | €55k | €21k | €4k | ▼ 81.9% |
| Profit (loss) for the period to be appropriated9905 | €15k | €5k | €55k | €21k | €4k | ▼ 81.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €127k | €236k | €270k | €182k | €143k | ▼ 21.5% |
| Fixed assets21/28 | - | - | €1k | €8k | €5k | ▼ 37.8% |
| Tangible fixed assets22/27 | - | - | €1k | €8k | €5k | ▼ 37.8% |
| Plant, machinery and equipment23 | - | - | - | €7k | €4k | ▼ 35.7% |
| Furniture and vehicles24 | - | - | €1k | €2k | €924 | ▼ 45.7% |
| Current assets29/58 | €127k | €236k | €269k | €174k | €138k | ▼ 20.7% |
| Amounts receivable within one year40/41 | €94k | €89k | €126k | €105k | €111k | ▲ 5.7% |
| Trade receivables40 | - | €45k | €49k | €40k | €5k | ▼ 86.4% |
| Other amounts receivable41 | - | €43k | €77k | €65k | €105k | ▲ 62.8% |
| Cash at bank and in hand54/58 | €33k | €18k | €108k | €66k | €18k | ▼ 72.7% |
| Deferred charges and accrued income490/1 | - | €129k | €35k | €3k | €9k | ▲ 229% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €127k | €236k | €270k | €182k | €143k | ▼ 21.5% |
| Equity10/15 | €39k | €44k | €98k | €120k | €124k | ▲ 3.2% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | €6k | €6k | - | - |
| Issued capital100 | - | €19k | €6k | €6k | - | - |
| Uncalled capital101 | - | €12k | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €31k | €36k | €90k | €112k | €116k | ▲ 3.5% |
| Amounts payable17/49 | €88k | €192k | €172k | €62k | €19k | ▼ 69.2% |
| Amounts payable within one year42/48 | €88k | €192k | €172k | €62k | €19k | ▼ 69.2% |
| Trade debts44 | €84k | €187k | €137k | €18k | €12k | ▼ 35.7% |
| Suppliers440/4 | - | €792 | €21k | €9k | €3k | ▼ 69.4% |
| Bills of exchange payable441 | - | €186k | €116k | €9k | €9k | ▼ 1.2% |
| Taxes, remuneration and social security45 | - | €5k | €35k | €44k | €7k | ▼ 83.3% |
| Taxes450/3 | - | €5k | €35k | €44k | €7k | ▼ 83.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €5k | €55k | €21k | €4k | ▼ 81.9% |
| + Depreciation and write-downs630 | - | - | €75 | €1k | €3k | ▲ 203% |
| Operating cash flow (approximation) | €15k | €5k | €55k | €22k | €7k | ▼ 68.8% |
| Investment in fixed assets (approximation) | - | - | - | €-8k | €0 | ▲ 100% |
| Change in cash | - | €-15k | €90k | €-42k | €-48k | ▼ 15.5% |
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
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 5 days late
2025
31-05
Financial
Weakest financial yearnet €4k ▼81.9%
Net result drops to €4k, the lowest in the series.
31-05
Financial
Liquidity triplescurrent ratio 7.20
Current ratio from 2.80 to 7.20; short-term debt falls from €62k to €19k.
2024
24-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-05
Financial
Equity above €100kEq €120k ▲21.7%
6 profitable years in a row build equity to €120k.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-05
Financial
Highest result since 2019net €55k ▲1,030%
Operating result €79k, net result €55k, both a record.
10-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 10 days late
2022
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
18-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2019
06-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
01-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Dilbeek · 1 establishment unit since 2016
Ground area
208 m²
Building footprint
61 m²
Volume, LiDAR
491 m³
Parcel 23016A0047/00R000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LUXURY DECOR
since 20162.249.515.023
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016A0047/00R000 | Flanders | 208 m² | 1 · 61 m² | 11.8 m · 3 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.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,171 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-01-2016
Fiscal year end31-05
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.