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Complete company report
Generated 05-09-2026
Active BE 0785.568.158Private limited company

ODB Decor

Roggestraat 5 ·3140 Keerbergen, Belgium· 4 yrs active
Sector: Painting of buildings (43341)
Conclusion Checked

The KBO register records legal situation 050 for ODB Decor (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €4k and a net result of €-577.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €4k
Net result €-577
Better than sector 62%
Active 4 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health10Profitability0Solvency87Growth32Stability0
26 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 10
Profitability 0
Solvency 87
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
0 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Trust signals 1 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2023 · computed
10 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
open bankruptcy
Score history
93 2022
70 2023
purely financial, excl. current insolvency signals
Score components
Liquidity Current ratio 1.53 (≥ 1.5) +10
Quick ratio Quick ratio 1.53 (≥ 1.0) +5
Leverage Debt/equity 0.79 (< 1.0) +10
Profitability Negatieve ROE -16% -10
Interest coverage Interest coverage 7.5× (≥ 3×) +8
Profit trend Net profit down YoY -3
Bankruptcy Open bankruptcy in the KBO legal situation -60
Computed by Checked from the NBB filing for FY 2023 and the legal situation the KBO register itself records. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 28-06-2024 with the NBB · fiscal year 2023 · micro schema
€-1k€0€1k€2k€3kOperating result 2022: €3k€3kNet result 2022: €2k€2kOperating result 2023: €-288€-288Net result 2023: €-577€-57720222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 43, Specialised construction activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 56.0% 45.2%
better than 62% of 33702 sector peers
Net result €-577 €10k
better than 23% of 33682 sector peers
Equity €4k €56k
better than 11% of 33721 sector peers
Gross operating margin €2k €39k
better than 11% of 33657 sector peers
Total assets €7k €142k
better than 5% of 33708 sector peers
EBITDA
€582
-80.3% 22-23
Net profit
€-577
- 22-23
Cash flow
€294
-86.7% 22-23
Total assets
€7k
-3.7% 22-23
Equity
€4k
-13.4% 22-23
Working capital
€2k
-29.5% 22-23
Income taxes
€217
-68.8% 22-23
Debt
€3k
+12.4% 22-23
Debt ≤ 1y
€3k
+12.4% 22-23
Current ratio
1.53
-17.2% 22-23
Quick ratio
1.53
-17.2% 22-23
Solvency
56.0%
-10.1% 22-23
Debt / equity
0.79
+29.9% 22-23
ROE
-15.5%
- 22-23
ROA
-8.7%
- 22-23
Interest coverage
7.46
-86.4% 22-23
Figures by fiscal year and ratios
Fiscal year20232022
Depositmicro schemamicro schema
Revenue--
EBITDA€582€3k
Net profit€-577€2k
Cash flow€294€2k
Staff costs--
Income taxes€217€694
Dividends--
Total assets€7k€7k
Equity€4k€4k
Debt€3k€3k
of which ≤ 1y€3k€3k
of which > 1y--
Working capital€2k€2k
Employees (FTE)--
Ratios (computed)
20232022
Current ratio1.531.85
Quick ratio1.531.85
Working capital ratio23.5%32.1%
Solvency56.0%62.3%
Debt / equity0.790.60
Long-term debt ratio--
Interest coverage7.4654.82
Gross margin--
Net margin--
ROA-8.7%26.1%
ROE-15.5%41.8%
EBITDA margin--
Days sales outstanding--
Days payable outstanding--
Inventory turnover--
Days inventory (DSI)--
Balance-sheet composition 2023
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code20232022
Balance sheet, Assets
TOTAL ASSETS 20/58€7k€7k
Fixed assets 21/28€2k€2k
Tangible fixed assets 22/27€2k€2k
Current assets 29/58€4k€5k
Amounts receivable within one year 40/41€268€4k
Cash & bank 54/58€4k€563
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€7k€7k
Equity 10/15€4k€4k
Contributions / capital 10/11€3k€3k
Reserves 13€1k€2k
Accumulated profits (losses) 14-€48
Amounts payable 17/49€3k€3k
Amounts payable within one year 42/48€3k€3k
Trade debts payable within one year 44€1k€1k
Income statement
Gross operating margin 9900€2k€3k
Operating result 9901€-288€3k
Financial income 75€6€1
Financial charges 65€78€54
Result before taxes 9903€-360€2k
Income taxes 67/77€217€694
Net result for the period 9904€-577€2k
Result to be appropriated 9905€-577€2k
Directors & mandates 1 directors
Former directors (1)
  • Ceulemans Christiane
    Director
    State Gazette act 25110909 (02-09-2025)
    Former
    - → 25-08-2025
Legal Structure
NACE primary Painting of buildings(43341)
Legal form Private limited company(610)
Incorporation29-04-2022
StatusActive
Postal code3140
Establishment units 1 location
ODB Decor
Roggestraat 5, 3140 KeerbergenManufacture of other builders' carpentry and joinery
since 20222.331.376.291
Real-estate footprint Source: CBE × cadastre
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24048B0315/00M000 Flanders 234 m² 1 · 75 m² 9.6 m · 2 fl.
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.
Updates 3 events
2025
02-09
State Gazette act Director changes
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
State Gazette actNBB filing
Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2025
02-09-2025 Ceulemans Christiane resigns as director Director changes
  • Ceulemans Christiane, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Ceulemans Christiane",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-08-25",
      "evidence_quote": "De algemene vergadering besluit, met ingang van heden, de hiernavolgende bestuurder ontslag te geven uit diens functie: - Ceulemans Christiane",
      "decharge_status": "provisional",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2025-08-25",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2025-04-24",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0785.568.158",
    "name_full": "ODB Decor",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Op De Beeck Omaar",
    "org_rep_person_name": null,
    "person_role_at_subject": "Voorzitter en bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

No credit: a bankruptcy procedure is open.

Company registry (CBE) Crossroads Bank
Activities
Painting of buildings43341Joinery installation43320
Names & trade names
Legal nameNL ODB Decor
Similar companies Comparable size · 2,590 of 7,810 companies in this sector with filed accounts
Tt Concept BE 0778.544.170 · Alken
LUDO LAUWERS BE 0476.273.364 · Sint-Niklaas
P.G. PAINTING BE 0780.733.501 · Herent
GCL Pro Decor BE 1030.051.215 · Antwerpen
SCHILDERWERKEN DEPREITERE BE 0656.741.369 · Middelkerke
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative