TRENDY DECOR
ActiveSummary
TRENDY DECOR has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,798 and a net result of -€11,787. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 8061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
What they do
Painting of buildings
NACE 43341Retail trade NACE 47526
1 site
How big
€669,711total assets 2025
- Staff
- 4.6 FTE
- Equity
- €48,798
- Loss
- -€11,787
Turnover not published (abridged schema)
Who decides
- Parent
- TSV · 100%
Accounts filed 25 d late0 of 6 deeds read
Why 39- Higher-failure-rate sector- Annual accounts: weaker financial profile- Weak solvency vs sector+ Long track recordA punctual record breaksShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability32▼-8
Solvency32▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity short (current ratio 0.94 against 0.97 in 2024; short-term debt: 86.8% and cash: 7.5% of total assets), and 92.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
7.3%
Return on assets
-1.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 8061 sector peers (2025).
NBB · sector comparisonPosition among 8061 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
69 d early
2023
on the day
2022
95 d early
2021
82 d early
2020
52 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 May (4 of the last 5 filed years within 70 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Weakest financial yearnet -€11,787
- Annual accounts filedfiscal year 2024 · abbreviated…
Financials
Fiscal year 2025Total assets €669,711Loss -€11,787Solvency 7.3%Liquidity 0.94
Total assets
€669,711▲ 1.0%
2018 - 2025
Net result
-€11,787
2018 - 2025
Equity
€48,798▼ 19.5%
2018 - 2025
Staff (FTE)
4.6=
2018 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€103,405▼ 4.7%€58,403▼ 43.5%€22,610▼ 61.3%€38,495▲ 70.3%€1,413▼ 96.3%
Net result€87,438above the sector's middle half▼ 14.0%€37,303within the sector's middle half▼ 57.3%€1,439below the sector's middle half▼ 96.1%€867below the sector's middle half▼ 39.8%-€11,787below the sector's middle half
Equity€20,976within the sector's middle half€58,279below the sector's middle half▲ 178%€59,719below the sector's middle half▲ 2.5%€60,586below the sector's middle half▲ 1.5%€48,798below the sector's middle half▼ 19.5%
Total assets€488,441above the sector's middle half▲ 13.5%€652,448within the sector's middle half▲ 33.6%€599,969within the sector's middle half▼ 8.0%€663,333within the sector's middle half▲ 10.6%€669,711within the sector's middle half▲ 1.0%
Debt€467,465▼ 5.9%€594,169▲ 27.1%€540,251▼ 9.1%€602,747▲ 11.6%€620,912▲ 3.0%
Working capital-€43,716below the sector's middle half▲ 57.5%€54,779within the sector's middle half€27,274below the sector's middle half▼ 50.2%-€17,311below the sector's middle half-€32,367below the sector's middle half▼ 87.0%
Solvency4.3%below the sector's middle half▲ 19.7pp8.9%below the sector's middle half▲ 4.6pp10.0%below the sector's middle half▲ 1.0pp9.1%below the sector's middle half▼ 0.8pp7.3%below the sector's middle half▼ 1.8pp
Current ratio0.90below the sector's middle half▲ 0.121.10below the sector's middle half▲ 0.211.06below the sector's middle half▼ 0.040.97below the sector's middle half▼ 0.100.94below the sector's middle half▼ 0.02
Return on assets (ROA)17.9%above the sector's middle half▼ 5.7pp5.7%within the sector's middle half▼ 12.2pp0.2%below the sector's middle half▼ 5.5pp0.1%below the sector's middle half▼ 0.1pp-1.8%below the sector's middle half▼ 1.9pp
Staff (FTE)5.1▲ 24.4%5.1within the sector's middle half=3.9within the sector's middle half▼ 23.5%4.6within the sector's middle half▲ 17.9%4.6within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 96% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €669,711
Fixed assets
€120,980 ▼ 16.0%
Current assets
€548,731 ▲ 5.7%
Equity and liabilities €669,711
Equity
€48,798 ▼ 19.5%
Debt
€620,912 ▲ 3.0%
Debt's share of the balance-sheet total rises from 90.9% to 92.7%. Equity is lower and debt is higher.
Key figures and ratios
Key figures and ratios
EBITDA
€41,495▼
2024 · €78,152
Cash flow
€28,295▼
2024 · €40,524
Quick ratio
0.63▲
2024 · 0.63
Debt to equity
12.72▲
2024 · 9.95
ROE
-24.2%▼
2024 · 1.4%
Interest coverage
1.86▼
2024 · 2.52
Debt ≤ 1 year
€581,098▲
2024 · €536,656
Debt > 1 year
€39,814▼
2024 · €63,886
Income taxes
€759▼
2024 · €6,588
Staff costs
€183,012▼
2024 · €293,018
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,037 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a small loss
2.9%
went bankrupt
2.9%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,037 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €108 | - | - |
| Remuneration, social security and pensions62 | €201,575 | €226,641 | €219,310 | €293,018 | €183,012 | ▼ 37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,564 | €32,793 | €45,771 | €39,657 | €40,082 | ▲ 1.1% |
| Other operating charges640/8 | €7,989 | €8,269 | €10,743 | €11,764 | €16,989 | ▲ 44.4% |
| Gross operating margin9900 | €336,532 | €326,106 | €298,434 | €382,935 | €241,496 | ▼ 36.9% |
| Operating profit (loss)9901 | €103,405 | €58,403 | €22,610 | €38,495 | €1,413 | ▼ 96.3% |
| Financial income75/76B | €468 | €1,008 | €213 | €41 | €9,818 | ▲ 23,799% |
| Recurring financial income75 | €40 | €440 | €213 | €41 | €9,818 | ▲ 23,799% |
| Non-recurring financial income76B | €428 | €568 | - | - | - | - |
| Financial charges65/66B | €6,530 | €6,432 | €20,535 | €31,081 | €22,259 | ▼ 28.4% |
| Recurring financial charges65 | €6,530 | €6,432 | €20,535 | €31,016 | €22,259 | ▼ 28.2% |
| Non-recurring financial charges66B | - | - | - | €66 | - | - |
| Profit (loss) for the period before taxes9903 | €97,342 | €52,979 | €2,289 | €7,455 | -€11,029 | ▼ 248% |
| Income taxes67/77 | €9,904 | €15,676 | €849 | €6,588 | €759 | ▼ 88.5% |
| Profit (loss) for the period9904 | €87,438 | €37,303 | €1,439 | €867 | -€11,787 | ▼ 1,460% |
| Profit (loss) for the period to be appropriated9905 | €87,438 | €37,303 | €1,439 | €867 | -€11,787 | ▼ 1,460% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €488,441 | €652,448 | €599,969 | €663,333 | €669,711 | ▲ 1.0% |
| Fixed assets21/28 | €96,425 | €75,672 | €150,872 | €143,988 | €120,980 | ▼ 16.0% |
| Intangible fixed assets21 | €32,585 | €22,275 | €7,516 | €2,008 | €1,124 | ▼ 44.0% |
| Tangible fixed assets22/27 | €63,715 | €53,272 | €142,592 | €141,217 | €119,766 | ▼ 15.2% |
| Plant, machinery and equipment23 | €40,399 | €35,628 | €101,236 | €109,027 | €59,007 | ▼ 45.9% |
| Furniture and vehicles24 | €23,316 | €17,643 | €41,356 | €32,190 | €19,351 | ▼ 39.9% |
| Other tangible fixed assets26 | - | - | - | - | €41,408 | - |
| Financial fixed assets28 | €125 | €125 | €763 | €763 | €89 | ▼ 88.3% |
| Current assets29/58 | €392,016 | €576,776 | €449,097 | €519,345 | €548,731 | ▲ 5.7% |
| Stocks and contracts in progress3 | €116,895 | €158,431 | €157,517 | €183,878 | €180,250 | ▼ 2.0% |
| Stocks30/36 | €116,895 | €158,431 | €157,517 | €183,878 | €180,250 | ▼ 2.0% |
| Amounts receivable within one year40/41 | €203,609 | €304,796 | €202,341 | €237,839 | €300,215 | ▲ 26.2% |
| Trade receivables40 | €111,903 | €146,051 | €105,202 | €50,367 | €91,114 | ▲ 80.9% |
| Other amounts receivable41 | €91,706 | €158,745 | €97,140 | €187,472 | €209,101 | ▲ 11.5% |
| Cash at bank and in hand54/58 | €71,512 | €113,550 | €76,739 | €60,731 | €50,483 | ▼ 16.9% |
| Deferred charges and accrued income490/1 | - | - | €12,500 | €36,896 | €17,783 | ▼ 51.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €488,441 | €652,448 | €599,969 | €663,333 | €669,711 | ▲ 1.0% |
| Equity10/15 | €20,976 | €58,279 | €59,719 | €60,586 | €48,798 | ▼ 19.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €2,376 | €39,679 | €41,119 | €41,986 | €41,986 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | €516 | €37,819 | €39,259 | €40,126 | €41,986 | ▲ 4.6% |
| Profit (loss) carried forward14 | - | - | - | - | -€11,787 | - |
| Amounts payable17/49 | €467,465 | €594,169 | €540,251 | €602,747 | €620,912 | ▲ 3.0% |
| Amounts payable after more than one year17 | €31,733 | €11,293 | €89,166 | €63,886 | €39,814 | ▼ 37.7% |
| Financial debts170/4 | €31,733 | €11,293 | €89,166 | €63,886 | €39,814 | ▼ 37.7% |
| Amounts payable within one year42/48 | €435,732 | €521,998 | €421,824 | €536,656 | €581,098 | ▲ 8.3% |
| Current portion of amounts payable after more than one year42 | €4,363 | €4,419 | €24,229 | €25,280 | €24,081 | ▼ 4.7% |
| Financial debts43 | €100,000 | €100,000 | €100,000 | €175,000 | €175,000 | = |
| Credit institutions430/8 | €100,000 | €100,000 | €100,000 | €175,000 | €175,000 | = |
| Trade debts44 | €239,536 | €350,537 | €224,638 | €262,964 | €217,419 | ▼ 17.3% |
| Suppliers440/4 | €239,536 | €350,537 | €224,638 | €262,964 | €217,419 | ▼ 17.3% |
| Advances received on contracts in progress46 | - | - | €175 | €4,099 | €63,487 | ▲ 1,449% |
| Taxes, remuneration and social security45 | €64,856 | €62,821 | €64,602 | €46,939 | €85,897 | ▲ 83.0% |
| Taxes450/3 | €48,513 | €46,660 | €49,808 | €27,703 | €69,383 | ▲ 150% |
| Remuneration and social security454/9 | €16,343 | €16,161 | €14,795 | €19,235 | €16,514 | ▼ 14.1% |
| Other amounts payable47/48 | €26,977 | €4,221 | €8,180 | €22,374 | €15,214 | ▼ 32.0% |
| Accrued charges and deferred income492/3 | - | €60,878 | €29,261 | €2,206 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €87,438 | €37,303 | €1,439 | €867 | -€11,787 | ▼ 1,460% |
| + Depreciation and write-downs630 | €23,564 | €32,793 | €45,771 | €39,657 | €40,082 | ▲ 1.1% |
| Operating cash flow (approximation) | €111,002 | €70,096 | €47,210 | €40,524 | €28,295 | ▼ 30.2% |
| Investment in fixed assets (approximation) | - | -€12,040 | -€120,971 | -€32,773 | -€17,074 | ▲ 47.9% |
| Change in cash | - | €42,038 | -€36,811 | -€16,008 | -€10,249 | ▲ 36.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
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Braine-l'Alleud · Eq €48,827
ROSALINDA CONSTRUCT
BE 0744.784.806
Gent · Eq €48,679
INNOVA Works
BE 1014.751.147
Watermaal-Bosvoorde · Eq €48,667
BELDECORO
BE 1001.799.568
Rotselaar · Eq €48,544
Of 7,862 companies in this sector we hold annual accounts for 2,666. 2,312 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
Parent TSV · 100%
Directors
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 ownerChain of control
- TSV
- TRENDY DECOR
Highest known parent: TSV. The sources do not say who stands above it.
Owners 1
- TSVparentSourceaccounts TSV 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 6 Gazette acts processed.
Timeline
12 eventsLatest 25-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
31-12
Financial
Weakest financial yearnet -€11,787
Net result drops to -€11,787, the lowest in the series.
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €101,730 ▲183%
Operating result €108,475, net result €101,730, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 funding sourceFlanders €8,000
Flemish government
€8,000
awarded · 2022 - 2023
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €8,000 awarded · €8,000 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | €7,500 | €7,500 |
| 2022 | 1 | €500 | €500 |
Company details
Private limited company · founded 01-04-2010Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded01-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
47526Retail trade
43333Wallpapering and laying of floor and wall coverings in other materials
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0824964610
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Ranst · 1 establishment unit since 2010
Ground area
1.1 ha
Building footprint
5,823 m²
Volume, LiDAR
39,590 m³
Parcel 11015B0003/00D000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Trendy Decor
since 2010unit no. 2.187.117.101
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11015B0003/00D000 | Flanders | 1.1 ha | 1 · 5,823 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
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