PROJET DECOR

Active

Private limited companyfounded 200521 yrs activeMetrologielaan 6, 1130 Brussel, BelgiumKBO/BCE: BE 0872.273.884

PROJET DECOR has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €208k and a net result of €37k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 89% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

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Checked score

Score 2024

86 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability88▼-12

Solvency100▲+6

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

1.4% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €17k at 30 days acceptable

Liquidity ample (current ratio 5.73 against 2.85 in 2023; short-term debt: 16% and cash: 70.3% of total assets), and 16% of the assets are financed with debt.

How do we compute the score and the probability?

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

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 →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Growing equity

Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €208k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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 filings

Deviation from the deadline

2025

not confirmed

2024

68 d late

2023

58 d late

2022

57 d late

2021

61 d late

2020

65 d late

2019

111 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€208k▲ 19.7%

2023 · €174k

2018: €92k 2019: €78k 2020: €71k 2021: €65k 2022: €77k 2023: €174k

2018 → 2024

Total assets

€248k▼ 2.1%

2023 · €253k

2018: €154k 2019: €117k 2020: €133k 2021: €144k 2022: €146k 2023: €253k

2018 → 2024

Net result

€37k▼ 61.4%

2023 · €97k

2018: €73k 2019: €-14k 2020: €-7k 2021: €-6k 2022: €12k 2023: €97k

2018 → 2024

Working capital

€187k▲ 27.4%

2023 · €147k

2018: €92k 2019: €73k 2020: €62k 2021: €58k 2022: €73k 2023: €147k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€71k-€65k▼ 8.3%€77k▲ 19.2%€174k▲ 125%€208k▲ 19.7%

Operating result€-7k-€-742▲ 89.1%€14k€98k▲ 622%€52k▼ 47.2%

Net result€-7k-€-6k▲ 22.3%€12k€97k▲ 679%€37k▼ 61.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 47% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €248k

91.4%

Fixed assets €21k▼ 21.7%

Current assets €227k▲ 0.3%

Equity and liabilities €248k

84.0%

16.0%

Equity €208k▲ 19.7%

Debt €40k▼ 50.0%

The debt ratio falls from 31.3% to 16.0%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€59k▼

2023 · €105k

Cash flow

€45k▼

2023 · €104k

Solvency

84.0%▲

2023 · 68.7%

Current ratio

5.73▲

2023 · 2.85

Quick ratio

5.68▲

2023 · 2.83

Debt / equity

0.19▼

2023 · 0.45

ROE

18.0%▼

2023 · 55.6%

ROA

15.1%▼

2023 · 38.2%

Interest coverage

57.08▼

2023 · 113.80

Debt

€40k▼

2023 · €79k

Debt ≤ 1 year

€40k▼

2023 · €79k

Income taxes

€13k

Staff costs

€29k▲

2023 · €26k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€253k€248k▼

Fixed assets21/28€27k€21k▼

Tangible fixed assets22/27€27k€21k▼

Furniture and vehicles24€27k€21k▼

Other tangible fixed assets26€175€175=

Financial fixed assets28€425€425=

Current assets29/58€226k€227k▲

Stocks and contracts in progress3€2k€2k=

Stocks30/36€2k€2k=

Amounts receivable within one year40/41€130k€50k▼

Trade receivables40€51k€19k▼

Other amounts receivable41€79k€31k▼

Cash at bank and in hand54/58€95k€174k▲

Equity and liabilities

Total equity and liabilities10/49€253k€248k▼

Equity10/15€174k€208k▲

Contributions10/11€6k€6k=

Outside capital11€6k€6k=

Other1109/19€6k€6k=

Reserves13€58k€58k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Tax-exempt reserves132€4k€4k=

Distributable reserves133€52k€52k=

Profit (loss) carried forward14€110k€145k▲

Amounts payable17/49€79k€40k▼

Amounts payable within one year42/48€79k€40k▼

Current portion of amounts payable after more than one year42€21k€15k▼

Trade debts44€3k€3k▲

Suppliers440/4€3k€3k▲

Taxes, remuneration and social security45€54k€21k▼

Taxes450/3€47k€10k▼

Remuneration and social security454/9€8k€11k▲

Income statement Code20232024

Remuneration, social security and pensions62€26k€29k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲

Other operating charges640/8€378€63▼

Gross operating margin9900€131k€89k▼

Operating profit (loss)9901€98k€52k▼

Financial income75/76B€1-

Recurring financial income75€1-

Financial charges65/66B€921€1k▲

Recurring financial charges65€921€1k▲

Profit (loss) for the period before taxes9903€97k€51k▼

Income taxes67/77-€13k

Profit (loss) for the period9904€97k€37k▼

Profit (loss) for the period to be appropriated9905€97k€37k▼

Appropriation of the result

Profit (loss) to be appropriated9906€110k€145k▲

Profit (loss) brought forward from the previous period14P€13k€107k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 17Financial 6Gazette 1Filings 10

2026

02-09

State Gazette act Resignations & appointments

General meeting · Director appointment · Board composition4 facts ▸

General meeting, 2026-05-01
Director appointment, Halima Ahajjam (administrateur)
Board composition, Administrateur, 2026-05-01
Board composition, Administrateur, 2026-05-01

2025

07-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 68 days late

2024

31-12

Financial Liquidity doublescurrent ratio 5.73

Current ratio from 2.85 to 5.73; short-term debt falls from €79k to €40k.

31-12

Financial Equity above €200kEq €208k ▲19.7%

3 profitable years in a row build equity to €208k.

27-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 58 days late

2023

31-12

Financial Highest result since 2018net €97k ▲679%

Operating result €98k, net result €97k, both a record.

31-12

Financial Equity above €150kEq €174k ▲125%

2 profitable years in a row build equity to €174k.

26-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 57 days late

2022

31-12

Financial Back to profitnet €12k

Net result €12k after 3 loss-making years.

30-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 61 days late

2021

04-10

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 65 days late

2020

19-11

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 111 days late

2019

31-12

Financial Weakest financial yearnet €-14k ▼120%

Net result drops to €-14k, the lowest in the series; recovery starts the following year.

23-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 23 days late

2018

20-09

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 51 days late

2017

17-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 17 days late

2016

26-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 26 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 director, no change since 2026

Halima Ahajjam

Director · since 01-05-2026

Current

01-05-2026 Appointed as Director

Location & real-estate footprint

Registered office, Brussel · 1 establishment unit since 2005

establishment The establishment unit on the map

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.

Metrologielaan 61130 Brussel

Ground area

5,737 m²

Building footprint

2,315 m²

Volume, LiDAR

14,859 m³

2 parcels, Brussels · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

PROJET DECOR

Dobbelenbergstraat 90, 1130 BrusselNACE 45432

since 20052.146.249.021

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21821B0419/00C000	Brussels	3,750 m²	1 · 891 m²	15.4 m · 4 fl.
21821A0215/00T000	Brussels	1,987 m²	1 · 1,424 m²	6.8 m · 1 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.

Similar companies · same sector, comparable size

ESB COLOR

BE 0807.829.361

Charleroi · Eq €208k

VOLBRAGT SCHILDERWERKEN

Merelbeke-Melle · Eq €209k

J & M DECOENE

BE 0439.397.132

Koksijde · Eq €207k

Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 2,030 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded04-03-2005

Fiscal year end31-12

Activities, NACEBEL

43341Painting of buildings

45441

43310Plastering work

74700

81220Other building cleaning and industrial cleaning

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.