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STYLING DECOR

Active Private limited companyfounded 1989active for 37 yearsMeersstraat 9, 8880 LedegemKBO/BCE: BE 0437.385.272 #9 oldest company in Ledegem, Construction sector

Lifetime

20 annual accounts with figures on one time axis, 35 filings since 1989
peak €785,840 (2010)
€311,998▼ 0.7%
lowest -€35,640 (2013)
€68,183▲ 24.9%
peak €828,500 (2025)
€828,500▲ 9.0%
€126,250▼ 41.7%
peak 10 FTE (2008)
-not published
Board1 name since 2022
1 director
Documentsfilings and deeds
23-01-20268 days before the deadline
2025micro format
Debts from €216,390 to €126,250Investments €80,681Cash from €204,135 to €41,575

Key points

from the 2025 annual accounts

Equity

€828,500 ▲ 9.0%

STYLING DECOR has made a profit without a break since 2014.

Investments

€80,681 3.7 × depreciation
202320242025

Green is investment, beige is depreciation. Land and buildings stand 19.9% higher than in 2024.

Staff

3.5 FTE from 10 in 2008

Between 2008 and 2025, 65% of the full-time equivalents disappeared.

Liquidity

6.31 was 4.03 in 2024

Short-term debts fell from €199,371 to €114,427.

Filings

35 annual accounts since 1989
deadline1990200020102020

Three of the last ten came late. The 2016 accounts came latest: 6 days after the end of the period.

Position in the sector

€828,500

More equity than 95% of companies in specialised construction. Sector median €57,818 · 37,225 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as STYLING DECOR has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,386 companies, not a prediction for STYLING DECOR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Environmental permit granted Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Ledegem
Environmental permit granted Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen, Slopen van niet vrijstaande gebouwen of constructies, Verbouwen en/of uitbreiden van bijgebouwen, niet-overdekte lage constructies of wijzigen van andere beperkte handelingen and 2 more · Wevelgem
Registered in the Peppol Directory Reachable for e-invoices through 0208:0437385272
Appointment: (sole director) Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · General meeting of 15-05-2024 · Gazette deed
All 45 events

Comparable companies

same main activity, similar in size and age
Company
STYLING DECOR Ledegem €1.1m €311,998 75.2% -
Van Hollebeke - Sanders Decoratiewerken Zedelgem €1.1m €277,126 71.4% 4.8
HOLLEVOET SCHILDER- EN DECORATIEBEDRIJF Veurne €1.0m €329,692 67.1% 3.8
Peintures SCHOLLAERT Pont-à-Celles €1.1m €387,367 80.8% 7
CLAERHOUT PIETER Kortrijk €0.9m €303,217 49.5% -
SCHILDERSBEDRIJF LEPOUTRE & C° Wingene €0.8m €219,401 52.7% 3.5
TECHNORESINE Waremme €1.2m €401,142 11.3% 5.5

These companies have the same main activity as STYLING DECOR: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €805,000 and €1.2m, founded between 1984 and 1997.

Official details

Source: KBO
Status
Active since 01-02-1989Normal situation
Activity
Painting of buildingsNACE 43341and 1 other
Establishment unit
2.043.399.5258880 Ledegem, since 19-05-1989
Financial year end
30 June
Peppol
Reachable since 30-06-2025
Company details

Annual accounts to 30-06-2025

≈ €880,000estimated
€1.1m▼ 2.0%
Employeeson 30-06-2025
3▼ 25.0%
Filing
Filed on 23-01-2026, 8 days before the end of the filing period
Financials

Insights on STYLING DECOR

STYLING DECOR files the micro format. That format states no turnover. The gross margin fell from €326,878 in 2005 to €311,998 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about STYLING DECOR

What is the company number of STYLING DECOR?
The company number of STYLING DECOR is 0437.385.272. The VAT number is the same number with BE in front: BE 0437.385.272.
Where is STYLING DECOR based?
The registered office is at Meersstraat 9, 8880 Ledegem.Company details
What does STYLING DECOR do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of STYLING DECOR?
STYLING DECOR is a private limited company (BV).
When was STYLING DECOR founded?
STYLING DECOR was founded on 01-02-1989.
Is STYLING DECOR still active?
Yes, STYLING DECOR is an active enterprise in the KBO register.
How many employees does STYLING DECOR have?
STYLING DECOR had an average of 3.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of STYLING DECOR?
The turnover in financial year 2025 is ≈ €880,000. This figure is estimated from the gross margin of €311,998 and 61 comparable companies (NACE 433). It probably lies between €660,000 and €1.2m.
Is STYLING DECOR profitable?
In financial year 2025, STYLING DECOR made a profit of €68,183.
Where can I find the annual accounts of STYLING DECOR?
STYLING DECOR filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of STYLING DECOR due?
STYLING DECOR must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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