MEUBELDECOR
ActiveMEUBELDECOR has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €152k and a net result of €-5k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 95% of 15866 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
70
/ 100
Healthy▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency100▲+1
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
balance sheet total too small for a liquidity verdict, and 0.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
99.7%
Return on assets
-3%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€5k
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 14-06-2025, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
47 d early
2023
54 d early
2022
15 d early
2021
8 d early
2020
33 d early
2019
18 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€152k▼ 2.9%
2023 · €156k
2018: €156k
2019: €154k
2020: €156k
2021: €164k
2022: €164k
2023: €156k
2018 → 2024
Total assets
€152k▼ 38.2%
2023 · €246k
2018: €298k
2019: €286k
2020: €260k
2021: €244k
2022: €229k
2023: €246k
2018 → 2024
Net result
€-5k▲ 43.0%
2023 · €-8k
2018: €1k
2019: €-4k
2020: €2k
2021: €8k
2022: €709
2023: €-8k
2018 → 2024
Working capital
€152k▼ 2.9%
2023 · €156k
2018: €168k
2019: €156k
2020: €155k
2021: €164k
2022: €167k
2023: €156k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€156k-€164k▲ 4.8%€164k▲ 0.4%€156k▼ 4.9%€152k▼ 2.9%
Operating result€2k-€9k▲ 277%€5k▼ 46.6%€-6k€-4k▲ 35.0%
Net result€2k-€8k▲ 258%€709▼ 90.6%€-8k€-5k▲ 43.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €6k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €152k
Equity
€152k▼ 2.9%
Debt
€431▼ 99.5%
The debt ratio falls from 36.5% to 0.3%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
99.7%▲
2023 · 63.5%
Debt / equity
0.00▼
2023 · 0.58
ROE
-3.0%▲
2023 · -5.2%
ROA
-3.0%▲
2023 · -3.3%
Debt
€431▼
2023 · €90k
Debt ≤ 1 year
€431▼
2023 · €90k
Income taxes
€966
Staff costs
€387▲
2023 · €384
A ratio outside any meaningful range has been withheld (balance sheet total €152k, equity €152k).
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€246k€152k▼
Current assets29/58€246k€152k▼
Amounts receivable after more than one year29€2k€2k=
Trade receivables290€2k€2k=
Amounts receivable within one year40/41€5k€2k▼
Trade receivables40€4k-
Other amounts receivable41€984€2k▲
Cash at bank and in hand54/58€22k€74k▲
Deferred charges and accrued income490/1€218k€76k▼
Equity and liabilities
Total equity and liabilities10/49€246k€152k▼
Equity10/15€156k€152k▼
Contributions10/11€50k€50k=
Capital10€50k€50k=
Issued capital100€50k€50k=
Reserves13€107k€102k▼
Non-distributable reserves130/1€5k€5k=
Legal reserve130€5k€5k=
Tax-exempt reserves132€1k€1k=
Distributable reserves133€101k€96k▼
Amounts payable17/49€90k€431▼
Amounts payable within one year42/48€90k€431▼
Trade debts44-€431
Suppliers440/4-€431
Taxes, remuneration and social security45€76-
Taxes450/3€76-
Other amounts payable47/48€90k-
Income statement
Code20232024
Remuneration, social security and pensions62€384€387▲
Other operating charges640/8€150€158▲
Gross operating margin9900€-5k€-3k▲
Operating profit (loss)9901€-6k€-4k▲
Financial income75/76B-€33
Recurring financial income75-€33
Financial charges65/66B€2k€24▼
Recurring financial charges65€2k€24▼
Profit (loss) for the period before taxes9903€-8k€-4k▲
Income taxes67/77-€966
Profit (loss) for the period9904€-8k€-5k▲
Profit (loss) for the period to be appropriated9905€-8k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-5k▲
Transfer from equity791/2€8k€5k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 129current ratio 353.04
Current ratio from 2.74 to 353.04; short-term debt falls from €90k to €431.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-8k ▼1237%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €8k ▲258%
Operating result €9k, net result €8k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zoutleeuw · 1 establishment unit since 1983
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.
Vijfwilgenstraat 13440 ZoutleeuwGround area
1,192 m²
Parcel 24036B0250/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
Vijfwilgenstraat 1, 3440 Zoutleeuw
since 19832.023.011.511
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24036B0250/00L000 | Flanders | 1,192 m² | - | - |
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.
Similar companies · same sector, comparable size
GHEERAERT SLAAPCOMFORT
BE 0883.396.123
Torhout · Eq €152k
VANIMCO
BE 0480.291.837
Malle · Eq €152k
Alcoline
BE 0699.832.333
Essen · Eq €155k
CLASSE I
BE 0460.603.708
Mol · Eq €157k
VERBEELEN
BE 0632.682.795
Antwerpen · Eq €159k
Of 675 companies in sector 46494 we hold annual accounts for 528. 389 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-11-1979
Fiscal year end31-12
Activities, NACEBEL
46494Wholesale of non-electrical household articles
51471
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.