SB-Decorations

Active

Private limited companyfounded 20224 yrs activeKamperbaan 156, 3940 Hechtel-Eksel, BelgiumKBO/BCE: BE 0786.361.479

The computed 12-month bankruptcy probability of SB-Decorations is 2.9% (moderate). The 2025 annual accounts show equity of €84k and a net result of €-36k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 60% of 27358 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

52 / 100

Fair▼ -41 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-100

Solvency92▼-8

Growth32▼-20

Stability94

Bankruptcy probability, 12 months

2.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 1.76 against 5.51 in 2024), and 43.9% 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.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

56.1%

Return on assets

-24.3%

Age of the figures

14 mo

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-12-2025, 52 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

52 d early

2024

23 d early

2023

29 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close13-09-2026 today31-01-2027 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 2025, micro schema

Equity

€84k▼ 30.2%

2024 · €120k

2023: €86k 2024: €120k

2023 → 2025

Total assets

€149k▼ 7.9%

2024 · €162k

2023: €129k 2024: €162k

2023 → 2025

Net result

€-36k

2024 · €34k

2023: €81k 2024: €34k

2023 → 2025

Working capital

€40k▼ 64.0%

2024 · €111k

2023: €79k 2024: €111k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€86k-€120k▲ 40.0%€84k▼ 30.2%

Operating result€112k-€52k▼ 53.8%€5k▼ 89.9%

Net result€81k-€34k▼ 57.6%€-36k

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

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2025 is 90% below 2024 and is the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €149k

38.0%

62.0%

Fixed assets €57k▲ 116%

Current assets €92k▼ 31.9%

Equity and liabilities €149k

56.1%

43.9%

Equity €84k▼ 30.2%

Debt €65k▲ 55.3%

The debt ratio rises from 26.0% to 43.9%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€14k▼

2024 · €57k

Cash flow

€-28k▼

2024 · €40k

Solvency

56.1%▼

2024 · 74.0%

Current ratio

1.76▼

2024 · 5.51

Quick ratio

1.60▼

2024 · 5.51

Debt / equity

0.78▲

2024 · 0.35

ROE

-43.2%▼

2024 · 28.5%

ROA

-24.3%▼

2024 · 21.1%

Interest coverage

0.33▼

2024 · 15.64

Debt

€65k▲

2024 · €42k

Debt ≤ 1 year

€52k▲

2024 · €25k

Debt > 1 year

€13k▼

2024 · €16k

Income taxes

€280▼

2024 · €14k

Staff costs

€3k▼

2024 · €6k

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€162k€149k▼

Fixed assets21/28€26k€57k▲

Tangible fixed assets22/27€26k€57k▲

Plant, machinery and equipment23€19k€17k▼

Furniture and vehicles24€6k€17k▲

Other tangible fixed assets26€2k€22k▲

Current assets29/58€136k€92k▼

Stocks and contracts in progress3-€8k

Contracts in progress37-€8k

Amounts receivable within one year40/41€51k€34k▼

Trade receivables40€15k€10k▼

Other amounts receivable41€36k€24k▼

Cash at bank and in hand54/58€84k€36k▼

Deferred charges and accrued income490/1€847€14k▲

Equity and liabilities

Total equity and liabilities10/49€162k€149k▼

Equity10/15€120k€84k▼

Contributions10/11€5k€5k=

Reserves13€115k€79k▼

Distributable reserves133€115k€79k▼

Amounts payable17/49€42k€65k▲

Amounts payable after more than one year17€16k€13k▼

Financial debts170/4€16k€13k▼

Amounts payable within one year42/48€25k€52k▲

Current portion of amounts payable after more than one year42€7k€4k▼

Trade debts44€9k€41k▲

Suppliers440/4€9k€41k▲

Taxes, remuneration and social security45€9k€8k▼

Taxes450/3€9k€8k▼

Accrued charges and deferred income492/3€1k€584▼

Income statement Code20242025

Non-recurring operating income76A-€3k

Remuneration, social security and pensions62€6k€3k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲

Other operating charges640/8€2k€6k▲

Gross operating margin9900€65k€23k▼

Operating profit (loss)9901€52k€5k▼

Financial charges65/66B€4k€41k▲

Recurring financial charges65€4k€41k▲

Profit (loss) for the period before taxes9903€48k€-36k▼

Income taxes67/77€14k€280▼

Profit (loss) for the period9904€34k€-36k▼

Profit (loss) for the period to be appropriated9905€34k€-36k▼

Appropriation of the result

Profit (loss) to be appropriated9906€34k€-36k▼

Transfer from equity791/2-€36k

Transfer to equity691/2€34k€0▼

To other reserves6921€34k€0▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

Next filing, fiscal year 2026, expected by 31-01-2027

2025

10-12

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

30-06

Financial Weakest financial yearnet €-36k ▼206%

Net result drops to €-36k, the lowest in the series.

08-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-06

Financial Equity above €100kEq €120k ▲40%

2 profitable years in a row build equity to €120k.

02-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Hechtel-Eksel · 1 establishment unit since 2022

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.

Kamperbaan 1563940 Hechtel-Eksel

Ground area

1.9 ha

Building footprint

135 m²

Volume, LiDAR

634 m³

Parcel 72013D0277/00G000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

SB-Decorations

Kamperbaan 156, 3940 Hechtel-EkselManufacture of furniture

since 20222.331.583.555

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
72013D0277/00G000	Flanders	1.9 ha	1 · 135 m²	6.7 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Hechtel-Eksel2.331.583.555

4 permissions

Boerderij - gezelschapsvarkens of max 3 vleesvarkens bestemd voor particuliere slachting · since 27-06-2023

Boerderij - lama's alpaca's · since 01-10-2022

Boerderij - runderen · since 01-10-2022

and 1 more

Legal Entity Identifier

25490064Q6VP11ZF2083

no longer live in the LEI register

Similar companies · same sector, comparable size

Of 7,814 companies in sector 43341 we hold annual accounts for 2,639. 2,282 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded19-05-2022

Fiscal year end30-06

Activities, NACEBEL

43341Painting of buildings

43332Laying of wooden floor and wall coverings

43333Wallpapering and laying of floor and wall coverings in other materials

74104Other professional, scientific and technical activities

74130Interior design

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.