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SA CARTISANE DECOR

Active
Public limited companyfounded 2004active for 22 yearsDe Brouckereplein 31, 1000 Brussel, BelgiumKBO/BCE: BE 0864.218.332
Summary

The annual accounts of SA CARTISANE DECOR for financial year 2025 show a net loss of 54% of total assets. The 2025 annual accounts show equity of €14,856 and a net result of -€9,204. Equity is shrinking by about 27% per year across the filed financial years. The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisFollow ReportCompare
SA CARTISANE DECORActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Activity
Activity not known1 site
Size
€17,155total assets 2025
Equity
€14,856
Loss
-€9,204
Turnover not published (abbreviated or micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
2025 accounts filed 74 days late4 deeds in the Belgian Official Gazette
Why 55raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLast filed accounts filed 74 days late; 1 of the last 3 lateNo main activity registeredlowers riskSize: total assets €17,155Liquidity: current ratio 7.46, cash €17,155Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 46% of its sector peers (no NACE code, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 86.6% of total assets
Liquidity 98-2
short-term debt 13.4% · cash 100.0%
Profitability 0=
return on assets -53.6%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.5%▼ -0.1 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%▼ -0.3 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026lowest value 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.6%▲ +0.1 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.5%▼ -0.2 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 7.46, compared with 11.12 in 2024, above the usual 1.5; short-term debt: 13.4% and cash: 100% of total assets), and 13.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 81% on solvency, 89% on liquidity, 4% on profitability and 11% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €17,155
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Last filed accounts filed 74 days late; 1 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 7.46, cash €17,155
NBB · annual accounts
raises risk · No main activity registered
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€9,204
raises risk · 2025 accounts filed 74 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-10-2026, 74 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
74 days late
2024
30 days late
2023
30 days late
2022
77 days late
2021
31 days late
2020
31 days late
2019
56 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 47 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 31 August (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: 8 loss-making years in a rowloss financial year 2025 -€9,204 View
  • Caution: Latest accounts filed lateafter the legal deadline 74 days View
  • Total assets 20256 financial years filed €17,155 View

By topic

Financials

Financial year
2025
Total assets
€17,155
Loss
-€9,204
Solvency
86.6%
Turnover
Net result
20182020
Go to Financials

Timeline

Events
24
Since
2006
Next accounts
by 31-07-2027
  1. 16-10-2023Annual accounts filed
  2. 22-11-2022General meeting · Net-asset statement
  3. 31-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
22-03-2004
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about SA CARTISANE DECOR

What is the company number of SA CARTISANE DECOR?
0864.218.332. In Belgium the VAT number is the company number with BE in front: BE 0864.218.332.
Where is SA CARTISANE DECOR based?
The registered office is at De Brouckereplein 31, 1000 Brussel.Company details
What is the legal form of SA CARTISANE DECOR?
Public limited company (NV).
When was SA CARTISANE DECOR founded?
On 22-03-2004.
Is SA CARTISANE DECOR still active?
Yes, SA CARTISANE DECOR is an active enterprise in the KBO register.
How many employees does SA CARTISANE DECOR have?
On average 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of SA CARTISANE DECOR?
€0 in financial year 2020, according to the filed annual accounts.
Is SA CARTISANE DECOR profitable?
In financial year 2025, SA CARTISANE DECOR made a loss of €9,204.
Where can I find the annual accounts of SA CARTISANE DECOR?
SA CARTISANE DECOR filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SA CARTISANE DECOR due?
By 31-07-2027, for financial year 2026.Timeline

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