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VANRAES DECORATIE

Active
Private limited companyfounded 1975active for 51 yearsK. Deswertlaan 4, 8370 Blankenberge, BelgiumKBO/BCE: BE 0415.062.208
Summary

VANRAES DECORATIE has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82,924 and a net result of €5,694. Equity has been growing by about 15% per year since 2019. Its solvency ranks better than 52% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-04-1975 Normal situation
Activity
Wholesale trade NACE 46442and 3 others
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 30-09-2025
Establishment unit
2.010.984.895 8370 Blankenberge, since 01-05-1975
Financial year end
30 September
Peppol
Reachable since 22-10-2025

Board and ownership

Board

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Gross margin
€45,661
▼ 12.3%
Turnover
≈ €240,000
estimated
Profit
€5,694
▼ 44.4%
Equity
€82,924
▼ 47.1%
Total assets
€194,203
▼ 13.1%
Employees on 30-09-2025
1
Score breakdownraises riskSector: Wholesale trade (NACE 46)lowers riskLiquidity: current ratio 1.63, cash €148,486Founded in 1975Size: total assets €194,203Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 68-27
equity 42.7% of total assets
Liquidity 70-18
short-term debt 57.3% · cash 76.5%
Profitability 72-2
return on assets 2.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.63 (2.94 in 2024), above the usual 1.5. Short-term debt is 57.3% and cash 76.5% of total assets. However, 57.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 51% of them on solvency, 75% on liquidity, 58% on profitability and 10% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.63, cash €148,486
NBB · annual accounts
lowers risk · Founded in 1975
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €194,203
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Wholesale trade (NACE 46)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
30 days early
2023
28 days early
2022
30 days early
2021
63 days early
2020
10 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 31 March (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 3rd oldest company in Blankenberge, Wholesale and retail trade sectorin the Checked rankings No. 3 View
  • Caution: Equity fell in 2025from €156,898 to €82,924 ▼ 47.1% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €5,694 7 years View

Recent changes

  1. · Gazette deed Appointments: DE RAEVE Danny (director) and BILLIET Cathy (director)
All 14 events

Comparable companies

These companies have the same main activity as VANRAES DECORATIE: wholesale trade (NACE 46442). They are comparable in size and age: total assets between €119,000 and €310,000, founded between 1968 and 1988.

CompanyTotal assetsGross margin
VANRAES DECORATIE Blankenberge€194,203€45,661
Paul Mistler en Zoon De Haan€242,619€26,630
ETABLISSEMENTS VAN MALDEREN Sint-Jans-Molenbeek€234,339€58,080
Polydecor et Chimie Sint-Lambrechts-Woluwe€119,070€54,145
ETABLISSEMENTS BAYOT Mons€304,889€89,367
VERPA Laakdal€309,954€21,698
LEBENS Liège€249,756€52,274
Full comparison

Key facts about VANRAES DECORATIE

What is the company number of VANRAES DECORATIE?
The company number of VANRAES DECORATIE is 0415.062.208. The VAT number is the same number with BE in front: BE 0415.062.208.
Where is VANRAES DECORATIE based?
The registered office is at K. Deswertlaan 4, 8370 Blankenberge.Company details
What does VANRAES DECORATIE do?
According to the KBO register, the main activity is wholesale trade (NACE 46442).
What is the legal form of VANRAES DECORATIE?
The legal form of VANRAES DECORATIE is Private limited company (BV).
When was VANRAES DECORATIE founded?
VANRAES DECORATIE was founded on 23-04-1975.
Is VANRAES DECORATIE still active?
Yes, VANRAES DECORATIE is an active enterprise in the KBO register.
How many employees does VANRAES DECORATIE have?
VANRAES DECORATIE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VANRAES DECORATIE fall under?
In its 30-09-2025 annual accounts, VANRAES DECORATIE states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of VANRAES DECORATIE?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €45,661 and 33 comparable companies (NACE 464). It probably lies between €140,000 and €480,000.
Is VANRAES DECORATIE profitable?
In financial year 2025, VANRAES DECORATIE made a profit of €5,694.
Where can I find the annual accounts of VANRAES DECORATIE?
VANRAES DECORATIE filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANRAES DECORATIE due?
VANRAES DECORATIE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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