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V Decor

Active Public limited companyfounded 1995active for 31 yearsDronckaertstraat 60, 8930 MenenKBO/BCE: BE 0454.851.113

Lifetime

19 annual accounts with figures on one time axis, 30 filings since 1996
peak €137,377 (2008)
€27,591▼ 46.5%
lowest -€28,256 (2011)
-€6,425▼ €6,209
peak €142,526 (2023)
€135,885▼ 4.5%
€8,540▼ 62.7%
peak 2.5 FTE (2007)
-not published
Board3 names since 2019
1 director
Documentsfilings and deeds
26-04-20264 days before the deadline
2025micro format
Gross margin from €51,556 to €27,591Loss of €6,4253 directors reappointed 23-06Debts from €22,901 to €8,540Cash from €21,097 to €94,946

Key points

from the 2025 annual accounts

Losses

-€6,641 in two years
-2162024-6,4252025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Liquidity

12.10 was 5.37 in 2024

Short-term debts fell from €22,901 to €8,540.

Filings

30 annual accounts since 1996
deadline200020102020

The last five annual accounts were filed 2 to 23 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 12,344 companies had the same profile as V Decor has now. Each dot stands for 31 companies, two years later.

90.1%
were still trading
8.7%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% 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 12,344 companies, not a prediction for V 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Managing director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0454851113
3 directors reappointed (managing director), (managing director) and · General meeting of 08-03-2025 · Gazette deed
3 directors reappointed , (managing director) and (managing director) · General meeting of 09-03-2019 · Gazette deed
First establishment Dronckaertstraat 60, Menen
All 41 events

Comparable companies

same main activity, similar in size and age
Company
V Decor Menen €144,424 €27,591 94.1% -
TEGELBEDRIJF VIANE Veurne €163,657 €41,844 25.7% -
DO IT YOURSELF CENTER Ostend €208,676 €20,050 92.6% -
STUDIE O Beerse €107,190 €26,855 61.8% -
GOKHAN EXPORT Sint-Gillis (bij-Brussel) €195,389 €31,752 -7.3% -
BONTEN Maasmechelen €119,328 €18,133 50.5% -
HOUTHANDEL GIROULLE Tienen €181,669 €19,593 77.9% -

These companies have the same main activity as V Decor: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €107,000 and €209,000, founded between 1991 and 1998.

Official details

Source: KBO
Status
Active since 03-04-1995Normal situation
Activity
Retail sale of hardware, building materials, paint and glass (general range)NACE 47521and 2 others
Joint committee
109Clothing and garment industry · annual accounts 30-09-2025
Establishment unit
2.072.192.6878930 Menen, since 04-07-1995
Financial year end
30 September
Peppol
Reachable since 27-11-2025
Company details

Annual accounts to 30-09-2025

≈ €170,000estimated
€144,424▼ 12.6%
Filing
Filed on 26-04-2026, 4 days before the end of the filing period
Financials

Insights on V Decor

V Decor files the micro format. That format states no turnover. The gross margin fell from €114,648 in 2007 to €27,591 in 2025.

The balance sheet grew most in 2011 through fixed assets.

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 V Decor

What is the company number of V Decor?
The company number of V Decor is 0454.851.113. The VAT number is the same number with BE in front: BE 0454.851.113.
Where is V Decor based?
The registered office is at Dronckaertstraat 60, 8930 Menen.Company details
What does V Decor do?
According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
What is the legal form of V Decor?
V Decor is a public limited company (NV).
When was V Decor founded?
V Decor was founded on 03-04-1995.
Is V Decor still active?
Yes, V Decor is an active enterprise in the KBO register.
How many employees does V Decor have?
V Decor had an average of 0.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does V Decor fall under?
In its 30-09-2025 annual accounts, V Decor states joint committee 109 (Clothing and garment industry).
What is the turnover of V Decor?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €27,591 and 41 comparable companies (NACE 475). It probably lies between €120,000 and €250,000.
Is V Decor profitable?
In financial year 2025, V Decor made a loss of €6,425.
Where can I find the annual accounts of V Decor?
V Decor filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of V Decor due?
V Decor must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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