VdS DECOR
ActiveVdS DECOR has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €21k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 10242 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
66
/ 100
Healthy▲ +49 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency33▲+12
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.11 in 2024), and 79.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
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
20.8%
Return on assets
9.3%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-03-2026, 137 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
137 d early
2024
31 d early
2023
43 d early
2022
33 d early
2021
31 d early
2020
37 d early
2019
31 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€47k▲ 80.7%
2024 · €26k
2018: €62k
2019: €65k
2020: €43k
2021: €50k
2022: €51k
2023: €58k
2024: €26k
2018 → 2025
Total assets
€227k▼ 5.8%
2024 · €241k
2018: €282k
2019: €276k
2020: €278k
2021: €269k
2022: €268k
2023: €293k
2024: €241k
2018 → 2025
Net result
€21k
2024 · €-32k
2018: €791
2019: €3k
2020: €-22k
2021: €7k
2022: €2k
2023: €6k
2024: €-32k
2018 → 2025
Working capital
€47k▲ 95.8%
2024 · €24k
2018: €52k
2019: €55k
2020: €35k
2021: €65k
2022: €47k
2023: €53k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€51k▲ 3.0%€58k▲ 12.3%€26k▼ 54.7%€47k▲ 80.7%
Operating result€13k-€7k▼ 40.6%€17k▲ 130%€-24k€26k
Net result€7k-€2k▼ 79.3%€6k▲ 317%€-32k€21k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €26k after a loss of €24k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €227k
Fixed assets
€168▼ 92.0%
Current assets
€227k▼ 5.0%
Equity and liabilities €227k
Equity
€47k▲ 80.7%
Debt
€180k▼ 16.3%
The debt ratio falls from 89.2% to 79.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€27k▲
2024 · €-22k
Cash flow
€22k▲
2024 · €-30k
Solvency
20.8%▲
2024 · 10.8%
Current ratio
1.26▲
2024 · 1.11
Quick ratio
0.46▲
2024 · 0.42
Debt / equity
3.81▼
2024 · 8.23
ROE
44.7%▲
2024 · -121.0%
ROA
9.3%▲
2024 · -13.1%
Interest coverage
5.31▲
2024 · -3.19
Debt
€180k▼
2024 · €215k
Debt ≤ 1 year
€180k▼
2024 · €215k
Income taxes
€241▼
2024 · €507
Staff costs
€53k▼
2024 · €58k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€241k€227k▼
Fixed assets21/28€2k€168▼
Tangible fixed assets22/27-€168
Furniture and vehicles24-€168
Financial fixed assets28€2k-
Current assets29/58€239k€227k▼
Stocks and contracts in progress3€149k€144k▼
Stocks30/36€149k€144k▼
Amounts receivable within one year40/41€67k€65k▼
Trade receivables40€43k€32k▼
Other amounts receivable41€24k€33k▲
Cash at bank and in hand54/58€20k€17k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€241k€227k▼
Equity10/15€26k€47k▲
Contributions10/11€19k€19k=
Reserves13€46k€46k=
Distributable reserves133€46k€46k=
Profit (loss) carried forward14€-39k€-17k▲
Amounts payable17/49€215k€180k▼
Amounts payable within one year42/48€215k€180k▼
Current portion of amounts payable after more than one year42€100k€100k=
Trade debts44€80k€31k▼
Suppliers440/4€80k€31k▼
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€4k€3k▼
Remuneration and social security454/9€4k€4k▼
Other amounts payable47/48€27k€42k▲
Income statement
Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€58k€53k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€789▼
Other operating charges640/8€1k€734▼
Gross operating margin9900€37k€81k▲
Operating profit (loss)9901€-24k€26k▲
Financial income75/76B€163€103▼
Recurring financial income75€163€103▼
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€-31k€21k▲
Income taxes67/77€507€241▼
Profit (loss) for the period9904€-32k€21k▲
Profit (loss) for the period to be appropriated9905€-32k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-17k▲
Profit (loss) brought forward from the previous period14P€-7k€-39k▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (9 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
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-32k ▼598%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Malle · 1 establishment unit since 2005
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.
Antwerpsesteenweg 182390 MalleGround area
365 m²
Building footprint
169 m²
Volume, LiDAR
1,513 m³
Parcel 11032A0521/02X003, Flanders · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vds Decor
since 20052.148.929.090
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11032A0521/02X003 | Flanders | 365 m² | 1 · 169 m² | 14.1 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
ROBEN DECOR
BE 0652.858.401
Oudenaarde · Eq €47k
NAVARRO DECOR
BE 0637.783.413
Liège · Eq €47k
NORDAL
BE 0466.271.476
Bree · Eq €47k
Jolien Home Decor & Advice
BE 0778.756.382
Pittem · Eq €46k
DECO WEELDE
BE 0737.960.756
Ravels · Eq €49k
Of 528 companies in sector 47530 we hold annual accounts for 320. 238 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2005
Fiscal year end31-12
Activities, NACEBEL
47530Retail trade
47552Retail sale of lighting equipment
47592Retail trade
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.