UPDATE INTERIOR DESIGN
ActiveSummary
UPDATE INTERIOR DESIGN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €36k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 21% of 3480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency37▼-1
Growth68=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.1 in 2024; short-term debt: 88.4% and cash: 51.2% of total assets), and 88.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.6%
Return on assets
45.3%
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 21% of 3480 sector peers (2025).
NBB · sector comparisonPosition among 3480 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
35 d early
2022
23 d late
2021
4 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k=
2024 · €9k
2021: €9k
2022: €9k
2023: €9k
2024: €9k
2021 → 2025
Total assets
€80k▲ 15.2%
2024 · €69k
2021: €16k
2022: €28k
2023: €67k
2024: €69k
2021 → 2025
Net result
€36k▲ 54.9%
2024 · €23k
2021: €7k
2022: €-117
2023: €27k
2024: €23k
2021 → 2025
Working capital
€2k▼ 71.6%
2024 · €6k
2021: €7k
2022: €6k
2023: €3k
2024: €6k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€9k▼ 1.3%€9k▲ 1.3%€9k=€9k=
Operating result€14k-€3k▼ 80.2%€38k▲ 1,281%€37k▼ 1.3%€49k▲ 32.0%
Net result€7k-€-117€27k€23k▼ 13.8%€36k▲ 54.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 32% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80k
Fixed assets
€8k ▼ 9.6%
Current assets
€72k ▲ 18.6%
Equity and liabilities €80k
Equity
€9k =
Debt
€71k ▲ 17.5%
Debt's share of the balance-sheet total rises from 86.7% to 88.4%. Debt is higher.
Key figures and ratios
EBITDA
€55k▲
2024 · €43k
Cash flow
€42k▲
2024 · €29k
Current ratio
1.02▼
2024 · 1.10
Debt to equity
7.65▲
2024 · 6.51
ROE
391.9%▲
2024 · 253.0%
ROA
45.3%▲
2024 · 33.7%
Interest coverage
37.87▲
2024 · 36.70
Debt ≤ 1 year
€71k▲
2024 · €55k
Income taxes
€12k▼
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€69k€80k▲
Fixed assets21/28€8k€8k▼
Tangible fixed assets22/27€8k€8k▼
Plant, machinery and equipment23€268€54▼
Furniture and vehicles24€6k€1k▼
Other tangible fixed assets26€2k€6k▲
Current assets29/58€61k€72k▲
Amounts receivable within one year40/41€16k€29k▲
Trade receivables40€16k€20k▲
Other amounts receivable41€6€9k▲
Cash at bank and in hand54/58€43k€41k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€69k€80k▲
Equity10/15€9k€9k=
Contributions10/11€3k€3k=
Reserves13€7k€7k=
Distributable reserves133€7k€7k=
Amounts payable17/49€60k€71k▲
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€55k€71k▲
Current portion of amounts payable after more than one year42€3k-
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€15k€27k▲
Taxes450/3€15k€27k▲
Other amounts payable47/48€31k€36k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€44k€57k▲
Operating profit (loss)9901€37k€49k▲
Financial income75/76B€59€369▲
Recurring financial income75€59€369▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€36k€48k▲
Income taxes67/77€13k€12k▼
Profit (loss) for the period9904€23k€36k▲
Profit (loss) for the period to be appropriated9905€23k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€36k▲
Profit (loss) brought forward from the previous period14P€0-
Profit to be distributed694/7€23k€36k▲
Return on contributions (dividend)694€23k€36k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2021net €36k ▲54.9%
Operating result €49k, net result €36k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Weakest financial yearnet €-117 ▼102%
Net result drops to €-117, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wemmel · 1 establishment unit since 2021
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.
Fr. Robbrechtsstraat 551780 WemmelGround area
469 m²
Building footprint
83 m²
Volume, LiDAR
693 m³
Parcel 22005A0530/00C003, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
UPDATE INTERIOR DESIGN
since 20212.311.865.831
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22005A0530/00C003 | Flanders | 469 m² | 1 · 83 m² | 11.8 m · 3 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.
Similar companies · same sector, comparable size
SBS DIGITAL
BE 0754.675.242
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A BRAND COLLECTIVE
BE 0727.723.001
Zele · Eq €9,313
ALBASIGN
BE 0758.913.944
Beveren-Kruibeke-Zwijndrecht · Eq €9,353
ECAA
BE 0541.722.630
Evere · Eq €9,048
Studio DrieDay
BE 1011.065.246
Westerlo · Eq €9,390
Of 6,295 companies in sector 74120 we hold annual accounts for 1,011. 716 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
74120Graphic design and visual communication
47400Retail sale of information and communication equipment
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.