Equity
€100 from €121,396 in 2023
Equity fell by 100% in 2 years.
MK DECOR
Lifetime
5 annual accounts with figures on one time axispeak €130,052 (2021)
€95,103▲ 9.6%
peak €46,765 (2021)
€29,355▲ 7.5%
peak €121,396 (2023)
€100▼ 99.9%
€111,955▲ 105%
Board1 name since 2020
1 director
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Dividend €101,371Equity from €72,116 to €100Debts from €54,515 to €111,955Cash from €59,774 to €82,464
Key points
from the 2025 annual accountsTurnover
≈ €360,000 estimated
The micro format states no turnover.
Debts
€111,955 100% of the balance sheet
Suppliers 4%Taxes and wages 4%Other 92%
Liquidity
0.89 was 2.08 in 2024
Short-term debts rose from €54,515 to €111,955.
Filings
5 annual accounts 2 late
The 2021 accounts came latest: 25 days after the end of the period.
Position in the sector
€100
Less equity than 90% of companies in specialised construction. Sector median €57,824 · 37,191 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as MK DECOR has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,153 companies, not a prediction for MK 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.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0749586405
Incorporation
Founding capital of €100, 100 shares · Founder: (enige aandeelhouder oprichter) · Appointment: (director) · published on 02-07-2020 · Gazette deed
First establishment
Prinsdaal 139, Erpe-Mere
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MK DECOR Erpe-Mere | €112,055 | €95,103 | 0.1% | - |
| LS SCHILDERWERKEN Hechtel-Eksel | €109,213 | €82,355 | 42.0% | - |
| Pirlet Peinture Kortrijk | €105,116 | €85,867 | 54.8% | - |
| ETS Castelluccio Fleurus | €110,634 | €108,936 | 53.1% | - |
| De Freyne Maarten Roeselare | €104,819 | €78,349 | 32.9% | - |
| PLL CONSTRUCT Asse | €106,913 | €105,978 | 66.2% | - |
| B20 Mechelen | €115,371 | €97,028 | 17.7% | - |
These companies have the same main activity as MK DECOR: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €105,000 and €115,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 30-06-2020Normal situation
- Activity
- Painting of buildingsNACE 43341and 1 other
- Establishment unit
- 2.304.143.6419420 Erpe-Mere, since 30-06-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Annual accounts 2025
- €112,055▼ 11.5%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on MK DECOR
MK DECOR files the micro format. That format states no turnover. The gross margin fell from €130,052 in 2021 to €95,103 in 2025.
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 MK DECOR
- What is the company number of MK DECOR?
- The company number of MK DECOR is 0749.586.405. The VAT number is the same number with BE in front: BE 0749.586.405.
- Where is MK DECOR based?
- The registered office is at Prinsdaal 139, 9420 Erpe-Mere.Company details
- What does MK DECOR do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of MK DECOR?
- MK DECOR is a private limited company (BV).
- When was MK DECOR founded?
- MK DECOR was founded on 30-06-2020.
- Is MK DECOR still active?
- Yes, MK DECOR is an active enterprise in the KBO register.
- How many employees does MK DECOR have?
- MK DECOR had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MK DECOR?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €95,103 and 89 comparable companies (NACE 433). It probably lies between €240,000 and €610,000.
- Is MK DECOR profitable?
- In financial year 2025, MK DECOR made a profit of €29,355.
- Where can I find the annual accounts of MK DECOR?
- MK DECOR filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MK DECOR due?
- MK DECOR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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