P.T.K. DECOR
ActiveP.T.K. DECOR has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €297k and a net result of €17k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 52% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+69
Solvency74▲+6
Growth69▲+30
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.42 in 2024; short-term debt: 32.4% and cash: 6.1% of total assets), and 51% 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
49%
Return on assets
2.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
47 d late
2024
27 d late
2023
29 d late
2022
31 d late
2021
21 d late
2020
24 d early
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€553k▲ 4.7%
2021 · €528k
2018: €448k
2019: €511k
2020: €453k
2021: €528k
2018 → 2022
EBIT margin
1.4%▼ 4.4pp
2021 · 5.7%
2018: -2.4%
2019: 3.6%
2020: 3.6%
2021: 5.7%
2018 → 2022
Net result
€17k
2024 · €-82k
2018: €-24k
2019: €7k
2020: €11k
2021: €14k
2022: €-440
2023: €35k
2024: €-82k
2018 → 2025
Working capital
€-95k▲ 28.2%
2024 · €-133k
2018: €-37k
2019: €-18k
2020: €-7k
2021: €4k
2022: €-12k
2023: €-22k
2024: €-133k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€528k-€553k▲ 4.7%
Equity€328k-€327k▼ 0.1%€362k▲ 10.7%€280k▼ 22.6%€297k▲ 6.0%
Operating result€30k-€8k▼ 74.8%€57k▲ 650%€-72k€35k
Net result€14k-€-440€35k€-82k€17k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €35k after a loss of €72k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €607k
Fixed assets
€506k▼ 10.2%
Current assets
€101k▲ 6.6%
Equity and liabilities €607k
Equity
€297k▲ 6.0%
Debt
€310k▼ 18.0%
The debt ratio falls from 57.4% to 51.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89k▲
2024 · €-13k
Cash flow
€71k▲
2024 · €-23k
Solvency
49.0%▲
2024 · 42.6%
Current ratio
0.52▲
2024 · 0.42
Quick ratio
0.46▲
2024 · 0.33
Debt / equity
1.04▼
2024 · 1.35
ROE
5.7%▲
2024 · -29.2%
ROA
2.8%▲
2024 · -12.5%
Interest coverage
8.98▲
2024 · -1.15
Debt
€310k▼
2024 · €378k
Debt ≤ 1 year
€196k▼
2024 · €228k
Debt > 1 year
€113k▼
2024 · €150k
Income taxes
€10k▲
2024 · €314
Staff costs
€96k▲
2024 · €71k
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€658k€607k▼
Fixed assets21/28€563k€506k▼
Tangible fixed assets22/27€563k€506k▼
Land and buildings22€422k€412k▼
Plant, machinery and equipment23€11k€5k▼
Furniture and vehicles24€130k€89k▼
Other tangible fixed assets26€539-
Current assets29/58€95k€101k▲
Stocks and contracts in progress3€20k€11k▼
Stocks30/36€20k€11k▼
Amounts receivable within one year40/41€44k€49k▲
Trade receivables40€29k€29k▲
Other amounts receivable41€15k€19k▲
Cash at bank and in hand54/58€26k€37k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€658k€607k▼
Equity10/15€280k€297k▲
Contributions10/11€25k€25k=
Revaluation surpluses12€321k€321k=
Profit (loss) carried forward14€-65k€-48k▲
Amounts payable17/49€378k€310k▼
Amounts payable after more than one year17€150k€113k▼
Financial debts170/4€150k€113k▼
Amounts payable within one year42/48€228k€196k▼
Current portion of amounts payable after more than one year42€47k€37k▼
Financial debts43€8k€8k▲
Credit institutions430/8€8k€8k▲
Trade debts44€13k€7k▼
Suppliers440/4€13k€7k▼
Taxes, remuneration and social security45€16k-
Taxes450/3€7k-
Remuneration and social security454/9€9k-
Other amounts payable47/48€145k€145k▲
Income statement
Code20242025
Remuneration, social security and pensions62€71k€96k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€54k▼
Other operating charges640/8€24k€11k▼
Gross operating margin9900€82k€195k▲
Operating profit (loss)9901€-72k€35k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€12k€10k▼
Recurring financial charges65€12k€10k▼
Profit (loss) for the period before taxes9903€-82k€27k▲
Income taxes67/77€314€10k▲
Profit (loss) for the period9904€-82k€17k▲
Profit (loss) for the period to be appropriated9905€-82k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-65k€-48k▲
Profit (loss) brought forward from the previous period14P€17k€-65k▼
The notes to these accounts (7 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
16-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 47 days late
2025
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-82k ▼334%
Net result drops to €-82k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
21-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 21 days late
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Balen · 1 establishment unit since 2002
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.
Nagelsberg 362490 BalenGround area
3,146 m²
Building footprint
746 m²
Volume, LiDAR
4,441 m³
2 parcels, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
P.T.K. DECOR
since 20022.101.709.292
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71023A0351/00Y000 | Flanders | 2,270 m² | 1 · 224 m² | 5.8 m · 1 fl. |
| 13003E0610/00N003 | Flanders | 877 m² | 1 · 522 m² | 7.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 1,457 EUR awarded · 944 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 164 EUR | 164 EUR |
| 2024 | 1 | 0 EUR | 267 EUR |
| 2023 | 1 | 1,293 EUR | 513 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
SCHILDER EN DECORATIEBEDRIJF LAHEY
BE 0892.438.701
Leuven · Eq €297k
Wuva
BE 0403.636.497
Heist-op-den-Berg · Eq €297k
Schilderwerken Vansteelandt
BE 0766.479.548
Gistel · Eq €297k
LDH RENOVATIONS
BE 0772.739.018
Stoumont · Eq €296k
BOUS - LUXEN
BE 0447.238.591
Sankt Vith · Eq €299k
Of 7,861 companies in sector 43341 we hold annual accounts for 2,664. 1,830 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2002
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
43332Laying of wooden floor and wall coverings
43333Wallpapering and laying of floor and wall coverings in other materials
45432
45433
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.