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Nart Decor

Active
Private limited companyfounded 2023active for 2 yearsLuxemburglaan 20, 8700 Tielt, BelgiumKBO/BCE: BE 1003.491.427
Summary

The computed 12-month bankruptcy probability of Nart Decor is 1.9% (moderate). The 2025 annual accounts show equity of €60,115 and a net result of €59,333. Its solvency ranks better than 39% of 34,072 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Painting of buildings
NACE 43341
1 site
Size
€163,059total assets 2025
Equity
€60,115
Profit
€59,333
Turnover not published (micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Accounts filed 5 days late0 of 1 deed read
Why 55raises riskFounded in 2023Size: total assets €163,059Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed 05-05-2026)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 54% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 62
equity 36.9% of total assets
Liquidity 41
short-term debt 41.1% · cash 8.4%
Profitability 100
return on assets 36.4%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,546 companies, NACE 43, micro)
Last 24 months 01-2025: 1.9% 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 2.0%▲ +0.1 percentage points vs 02-2025 04-2025: 2.3%▲ +0.3 percentage points vs 03-2025 05-2025: 2.4%▲ +0.1 percentage points vs 04-2025 06-2025: 2.7%▲ +0.3 percentage points vs 05-2025 07-2025: 3.0%▲ +0.3 percentage points vs 06-2025 08-2025: 3.0%● unchanged vs 07-2025 09-2025: 2.9%▼ -0.1 percentage points vs 08-2025 10-2025: 2.9%● unchanged vs 09-2025 11-2025: 3.2%▲ +0.3 percentage points vs 10-2025 12-2025: 3.3%▲ +0.1 percentage points vs 11-2025 01-2026: 3.3%● unchanged vs 12-2025highest value 02-2026: 3.3%● unchanged vs 01-2026highest value 03-2026: 3.3%● unchanged vs 02-2026highest value 04-2026: 3.3%● unchanged vs 03-2026highest value 05-2026: 3.3%● unchanged vs 04-2026highest value 06-2026: 2.2%▼ -1.1 percentage points vs 05-2026 07-2026: 2.1%▼ -0.1 percentage points vs 06-2026 08-2026: 2.0%▼ -0.1 percentage points vs 07-2026 09-2026: 1.9%▼ -0.1 percentage points vs 08-2026 10-2026: 1.9%● unchanged vs 09-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.46, below the usual 1.5; short-term debt: 41.1% and cash: 8.4% of total assets), and 63.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 39% on solvency, 30% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €163,059
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed 05-05-2026)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-05-2026, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
5 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…

Key points

  • Positive: Among the best 11% on net resultsector median €10,256 · 34,058 companies €59,333 View
  • Total assets 2025first financial year filed €163,059 View
  • Active since 2023founded 17-12-2023 2 years View

By topic

Financials

Financial year
2025
Total assets
€163,059
Profit
€59,333
Solvency
36.9%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Painting of buildingsNACE 43341
Founded
17-12-2023
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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