ORNAMENTO
ActiveORNAMENTO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €27k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 58% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+59
Solvency79▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.91 against 2.75 in 2024; short-term debt: 24.1% and cash: 2.8% of total assets), and 45.8% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.2%
Return on assets
12.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
10 d late
2023
6 d late
2022
on the day
2021
8 d late
2020
2 d early
2019
35 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€112k▲ 31.2%
2024 · €85k
2019: €69k
2020: €75k
2021: €94k
2022: €130k
2023: €90k
2024: €85k
2019 → 2025
Total assets
€206k▲ 11.7%
2024 · €185k
2019: €107k
2020: €133k
2021: €199k
2022: €224k
2023: €187k
2024: €185k
2019 → 2025
Net result
€27k
2024 · €-5k
2019: €14k
2020: €7k
2021: €30k
2022: €36k
2023: €-40k
2024: €-5k
2019 → 2025
Working capital
€95k▲ 28.2%
2024 · €74k
2019: €66k
2020: €66k
2021: €91k
2022: €116k
2023: €68k
2024: €74k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€94k-€130k▲ 38.1%€90k▼ 30.7%€85k▼ 5.1%€112k▲ 31.2%
Operating result€38k-€56k▲ 47.1%€-34k€-117▲ 99.7%€34k
Net result€30k-€36k▲ 17.6%€-40k€-5k▲ 88.4%€27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €34k after a loss of €117 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206k
Fixed assets
€61k▼ 9.9%
Current assets
€145k▲ 24.3%
Equity and liabilities €206k
Equity
€112k▲ 31.2%
Debt
€94k▼ 5.0%
The debt ratio falls from 53.9% to 45.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▲
2024 · €8k
Cash flow
€34k▲
2024 · €4k
Solvency
54.2%▲
2024 · 46.1%
Current ratio
2.91▲
2024 · 2.75
Quick ratio
2.87▲
2024 · 2.70
Debt / equity
0.85▼
2024 · 1.17
ROE
23.8%▲
2024 · -5.4%
ROA
12.9%▲
2024 · -2.5%
Interest coverage
6.58▲
2024 · 1.29
Debt
€94k▼
2024 · €99k
Debt ≤ 1 year
€50k▲
2024 · €42k
Debt > 1 year
€45k▼
2024 · €57k
Income taxes
€3k▲
2024 · €504
Staff costs
€79k▲
2024 · €74k
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€185k€206k▲
Fixed assets21/28€68k€61k▼
Tangible fixed assets22/27€66k€61k▼
Land and buildings22€52k€50k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€9k€8k▼
Financial fixed assets28€2k-
Current assets29/58€116k€145k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€110k€137k▲
Trade receivables40€63k€134k▲
Other amounts receivable41€47k€3k▼
Cash at bank and in hand54/58€4k€6k▲
Deferred charges and accrued income490/1€666-
Equity and liabilities
Total equity and liabilities10/49€185k€206k▲
Equity10/15€85k€112k▲
Contributions10/11€12k€12k=
Reserves13€56k€83k▲
Distributable reserves133€56k€83k▲
Profit (loss) carried forward14€17k€17k=
Amounts payable17/49€99k€94k▼
Amounts payable after more than one year17€57k€45k▼
Financial debts170/4€57k€45k▼
Amounts payable within one year42/48€42k€50k▲
Current portion of amounts payable after more than one year42€15k€12k▼
Trade debts44€12k€26k▲
Suppliers440/4€12k€26k▲
Taxes, remuneration and social security45€16k€7k▼
Taxes450/3€11k€3k▼
Remuneration and social security454/9€5k€4k▼
Other amounts payable47/48-€5k
Income statement
Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€74k€79k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€44k€4k▼
Gross operating margin9900€130k€126k▼
Operating profit (loss)9901€-117€34k▲
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€-4k€29k▲
Income taxes67/77€504€3k▲
Profit (loss) for the period9904€-5k€27k▲
Profit (loss) for the period to be appropriated9905€-5k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€43k▲
Profit (loss) brought forward from the previous period14P€21k€17k▼
Transfer to equity691/2-€27k
To other reserves6921-€27k
The notes to these accounts (9 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
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €27k
Net result €27k after 2 loss-making years.
30-06
Financial
Equity above €100kEq €112k ▲31.2%
Equity rises from €85k to €112k.
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 10 days late
2024
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
30-06
Financial
Weakest financial yearnet €-40k ▼211%
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €36k ▲17.6%
Operating result €56k, net result €36k, both a record.
30-06
Financial
Equity above €100kEq €130k ▲38.1%
4 profitable years in a row build equity to €130k.
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 190 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Zandhoven · 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.
Vierselbaan 312240 ZandhovenGround area
637 m²
Building footprint
143 m²
Volume, LiDAR
764 m³
Parcel 11054C0563/00V002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ORNAMENTO
since 20042.143.195.303
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11054C0563/00V002 | Flanders | 637 m² | 1 · 143 m² | 8.9 m · 2 fl. |
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.
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Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 2,240 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2004
Fiscal year end30-06
Activities, NACEBEL
43331Floor and wall tiling
43341Painting of buildings
45441
43333Wallpapering and laying of floor and wall coverings in other materials
45433
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.