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OVS DECORATIE

Active
Private limited companyfounded 2021active for 5 yearsZoutelaan 58, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0767.643.746
Summary

OVS DECORATIE has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of €407,224. Equity has been growing by about 22% per year since 2021. Its solvency ranks better than 90% of 9,909 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-04-2021 Normal situation
Activity
Painting of buildings NACE 43341and 2 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
Establishment unit
2.316.999.507 8300 Knokke-Heist, since 29-04-2021
Financial year end
31 December
Peppol
Reachable since 30-09-2025

Board and ownership

Board
  • Van Speybroeck OlivierDirector
Shareholders

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€1.4m
▼ 19.1%
Turnover
≈ €4.0m
estimated
Profit
€407,224
▼ 27.7%
Equity
€2.7m
▲ 13.8%
Total assets
€3.2m
▲ 11.2%
Employees on 31-12-2025
14
=
Score breakdownraises riskFounded in 2021lowers riskFigures for financial year 2025 (filed on 31-07-2026)Profit of €407,224 (financial year 2025)Equity €2.7m (84.1% of total assets)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 79% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 84.1% of total assets
Liquidity 58-9
short-term debt 15.4% · cash 9.1%
Profitability 84-2
return on assets 12.6%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,651 companies, NACE 43, small)
Last 24 months 12-2024: 0.3% 01-2025: 0.2%▼ -0.1 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026highest value 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €240,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.3 (4.45 in 2024), above the usual 1.5. Short-term debt is 15.4% and cash 9.1% of total assets. 15.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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, small). It does better than 95% of them on solvency, 73% on liquidity, 81% on profitability and 67% on growth.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2025 (filed on 31-07-2026)
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €407,224 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €2.7m (84.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
on the day
2024
7 days early
2023
5 days early
2022
4 days early
2021
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 3 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in specialised constructionsector median €26,848 · 9,901 companies €407,224 View
  • Caution: A director leftlatest change 03-11-2026 · 1 in office 1 left View
  • Caution: Result fell in 2025from €563,206 to €407,224 ▼ 27.7% View
  • Positive: 5 profitable years in a rowprofit 2025: €407,224 5 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Resignation: Vanessa Schip (director)Director discharge: Vanessa Schip
  2. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as OVS DECORATIE: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €1.4m and €3.6m, founded between 2013 and 2020.

CompanyTotal assetsGross margin
OVS DECORATIE Knokke-Heist€3.2m€1.4m
IPC SERVICES Dendermonde€2.8m€1.7m
@VERHO Ardooie€1.4m€1.1m
Colinex Waregem€2.1m€1.3m
Buijsse Projects Lokeren€1.7m€1.9m
SARACI Sint-Truiden€3.2m€1.0m
Huis van de Afwerking Brugge€3.6m€1.0m
Full comparison

Key facts about OVS DECORATIE

What is the company number of OVS DECORATIE?
The company number of OVS DECORATIE is 0767.643.746. The VAT number is the same number with BE in front: BE 0767.643.746.
Where is OVS DECORATIE based?
The registered office is at Zoutelaan 58, 8300 Knokke-Heist.Company details
What does OVS DECORATIE do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of OVS DECORATIE?
The legal form of OVS DECORATIE is Private limited company (BV).
When was OVS DECORATIE founded?
OVS DECORATIE was founded on 29-04-2021.
Is OVS DECORATIE still active?
Yes, OVS DECORATIE is an active enterprise in the KBO register.
How many employees does OVS DECORATIE have?
OVS DECORATIE had an average of 13.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does OVS DECORATIE fall under?
In its 2025 annual accounts, OVS DECORATIE states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of OVS DECORATIE?
The turnover in financial year 2025 is ≈ €4.0m. This figure is estimated from the gross margin of €1.4m and 68 comparable companies (NACE 43). It probably lies between €3.0m and €5.3m.
Is OVS DECORATIE profitable?
In financial year 2025, OVS DECORATIE made a profit of €407,224.
Where can I find the annual accounts of OVS DECORATIE?
OVS DECORATIE filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of OVS DECORATIE due?
OVS DECORATIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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