N & K DECORATIONS
ActiveN & K DECORATIONS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-201k) and a net result of €-35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 18035 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
15
/ 100
Critical▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-13
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.43 against 0.4 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-122.6%
Return on assets
-21.3%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€201k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
30 d early
2023
41 d late
2022
30 d late
2021
2 d early
2020
46 d early
2019
14 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-201k▼ 21.0%
2024 · €-166k
2019: €55k
2020: €49k
2021: €31k
2022: €-20k
2023: €-72k
2024: €-166k
2019 → 2025
Total assets
€164k▲ 34.4%
2024 · €122k
2019: €192k
2020: €133k
2021: €124k
2022: €75k
2023: €130k
2024: €122k
2019 → 2025
Net result
€-35k▲ 62.6%
2024 · €-93k
2019: €-1k
2020: €-6k
2021: €-18k
2022: €-52k
2023: €-52k
2024: €-93k
2019 → 2025
Working capital
€-206k▼ 18.6%
2024 · €-174k
2019: €113k
2020: €84k
2021: €59k
2022: €-5k
2023: €-71k
2024: €-174k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€-20k€-72k▼ 256%€-166k▼ 129%€-201k▼ 21.0%
Operating result€-14k-€-17k▼ 21.9%€-47k▼ 183%€-86k▼ 82.5%€-32k▲ 63.5%
Net result€-18k-€-52k▼ 191%€-52k▼ 0.8%€-93k▼ 79.0%€-35k▲ 62.6%
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 €32k in 2025 against €86k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164k
Fixed assets
€6k▼ 27.3%
Current assets
€158k▲ 38.9%
Key figures and ratios
EBITDA
€-29k▲
2024 · €-84k
Cash flow
€-33k▲
2024 · €-91k
Solvency
-122.6%▲
2024 · -136.1%
Current ratio
0.43▲
2024 · 0.40
Quick ratio
0.15▲
2024 · 0.06
Debt / equity
-1.82▼
2024 · -1.73
ROE
17.4%▼
2024 · 56.3%
ROA
-21.3%▲
2024 · -76.6%
Interest coverage
-10.72▲
2024 · -13.87
Debt
€364k▲
2024 · €288k
Debt ≤ 1 year
€364k▲
2024 · €288k
Income taxes
€629▼
2024 · €827
Staff costs
€29k▲
2024 · €29k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€122k€164k▲
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€8k€6k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€8k€6k▼
Current assets29/58€114k€158k▲
Stocks and contracts in progress3€97k€103k▲
Stocks30/36€97k€103k▲
Amounts receivable within one year40/41€11k€44k▲
Trade receivables40-€33k
Other amounts receivable41€11k€11k=
Cash at bank and in hand54/58€5k€10k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€122k€164k▲
Equity10/15€-166k€-201k▼
Contributions10/11€15k€15k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-182k€-217k▼
Amounts payable17/49€288k€364k▲
Amounts payable within one year42/48€288k€364k▲
Financial debts43€15k-
Credit institutions430/8€15k-
Trade debts44€32k€21k▼
Suppliers440/4€32k€21k▼
Taxes, remuneration and social security45€9k€30k▲
Taxes450/3€9k€30k▲
Other amounts payable47/48€233k€313k▲
Accrued charges and deferred income492/3-€400
Income statement
Code20242025
Remuneration, social security and pensions62€29k€29k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€2k€6k▲
Gross operating margin9900€-53k€6k▲
Operating profit (loss)9901€-86k€-32k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€6k€3k▼
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€-93k€-34k▲
Income taxes67/77€827€629▼
Profit (loss) for the period9904€-93k€-35k▲
Profit (loss) for the period to be appropriated9905€-93k€-35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-182k€-217k▼
Profit (loss) brought forward from the previous period14P€-89k€-182k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-93k
Net result drops to €-93k, the lowest in the series; recovery starts the following year.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
17-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
10-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Dendermonde · 1 establishment unit since 2004
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.
Grote Markt (DEN) 159200 DendermondeGround area
531 m²
Building footprint
420 m²
Volume, LiDAR
6,869 m³
2 parcels, Flanders · tallest building 19.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
N & K DECORATIONS
since 20042.143.974.073
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42006C0142/00E000 | Flanders | 310 m² | 1 · 239 m² | 19.6 m · 5 fl. |
| 31334B0149/00_000 | Flanders | 221 m² | 1 · 181 m² | 19.3 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
WALLEHUYS
BE 0687.461.764
Kortrijk · Eq €32k
FH Group
BE 0545.896.697
Gent · Eq €31k
FOR LIEF
BE 0502.332.316
Brussel · Eq €32k
ECOPOELEPELLET
BE 0539.896.258
Ath · Eq €32k
ZIYAT
BE 0871.175.113
Charleroi · Eq €32k
Of 1,043 companies in sector 47559 we hold annual accounts for 346. 262 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-11-2004
Fiscal year end31-03
Activities, NACEBEL
47559Retail sale of other household articles
47599Retail trade
46499Wholesale of other household goods
47551Retail sale of household furniture
47591Retail trade
47789Other retail sale of new goods
51478
52498
Sources
Crossroads Bank for EnterprisesNational Bank · 20 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.