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RITCH DECOR

Active
Private limited companyfounded 2021active for 5 yearsFrans Kusterslaan 19, 3621 Lanaken, BelgiumKBO/BCE: BE 0769.321.351

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

RITCH DECOR has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84,278 and a net result of €35,913. Equity has been growing by about 29% per year since 2021. Its solvency ranks better than 24% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 03-06-2021 Normal situation
Legal form
Private limited company
Registered office
Frans Kusterslaan 19, 3621 Lanaken
Activity
Painting of buildings NACE 43341and 2 others
Establishment unit
2.320.430.535 3621 Lanaken, since 03-06-2021
Financial year end
31 December
Peppol
Reachable since 19-12-2025

Board and ownership

Board
  • Bilal RecepDirector
  • Bilal StevenDirector

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€98,734
▼ 2.0%
Turnover
≈ €370,000
estimated
Profit
€35,913
▲ 3.1%
Equity
€84,278
▼ 40.9%
Total assets
€374,944
▲ 113%
Staff
1 FTE
=
2025 accounts filed 35 days before the deadline
Filed on 26-06-2026at the National Bank
Score breakdownraises riskFounded in 2021Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.38, cash €107,397Figures for financial year 2025 (filed on 26-06-2026)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 42% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 47-53
equity 22.5% of total assets
Liquidity 74-21
short-term debt 28.7% · cash 28.6%
Profitability 81-13
return on assets 9.6%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: 0.4%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.38 (5.31 in 2024), below the usual 1.5. Short-term debt is 28.7% and cash 28.6% of total assets. 77.5% 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, micro). It does better than 24% of them on solvency, 73% on liquidity, 61% on profitability and 11% on growth.

The bankruptcy probability was computed on 31-10-2026 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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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.38, cash €107,397
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
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed on 26-06-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 24%
← weakest strongest →
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 26-06-2026, 35 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
35 days early
2024
31 days early
2023
33 days early
2022
31 days early
2021
37 days early
← 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 33 days before 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 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

  • Caution: Equity fell in 2025from €142,483 to €84,278 ▼ 40.9% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €35,913 5 years View

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about RITCH DECOR

What is the company number of RITCH DECOR?
The company number of RITCH DECOR is 0769.321.351. The VAT number is the same number with BE in front: BE 0769.321.351.
Where is RITCH DECOR based?
The registered office is at Frans Kusterslaan 19, 3621 Lanaken.Company details
What does RITCH DECOR do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of RITCH DECOR?
The legal form of RITCH DECOR is Private limited company (BV).
When was RITCH DECOR founded?
RITCH DECOR was founded on 03-06-2021.
Is RITCH DECOR still active?
Yes, RITCH DECOR is an active enterprise in the KBO register.
How many employees does RITCH DECOR have?
RITCH DECOR had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RITCH DECOR?
The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €98,734 and 89 comparable companies (NACE 433). It probably lies between €250,000 and €630,000.
Is RITCH DECOR profitable?
In financial year 2025, RITCH DECOR made a profit of €35,913.
Where can I find the annual accounts of RITCH DECOR?
RITCH DECOR filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of RITCH DECOR due?
RITCH DECOR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as RITCH DECOR: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €313,000 and €488,000, founded in 2021.

CompanyTotal assetsGross margin
RITCH DECOR Lanaken€374,944€98,734
KOLLI Schildersbedrijf Beringen€347,369€103,763
DNAK Sint-Genesius-Rode€370,350€105,837
AB Projects Tielt€312,993€82,713
Royallpaint Wingene€319,138€122,111
Jucla Zoersel€421,774€72,881
ATELIER LEYDER Raeren€488,067€97,301
Full comparison

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