What does DECORATION VINCENT do?

DECORATION VINCENT is a painting contractor in Ciney. Public Limited, started on 10 January 1978, 1 establishment.

What is the address of DECORATION VINCENT?

The registered office of DECORATION VINCENT is located at Saint Gilles 49, 5590 Ciney.

Is DECORATION VINCENT still active?

Yes. According to the CBE (30 October 2026) DECORATION VINCENT is active, legal situation “Normale toestand”, started on 10 January 1978.

Is DECORATION VINCENT registered on Peppol?

Yes, DECORATION VINCENT is registered on the Peppol network with ID 0208:0417879661.

What is the enterprise number of DECORATION VINCENT?

The enterprise number of DECORATION VINCENT is BE0417879661.

When was DECORATION VINCENT founded?

DECORATION VINCENT was founded on 10 January 1978.

Who are the directors of DECORATION VINCENT?

According to the 2024 annual accounts, the directors of DECORATION VINCENT are: TSV HOLDING, Thierry VINCENT.

Is DECORATION VINCENT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 January 1978; 4 annual accounts filed, latest fiscal year 2024; 2 directors known from the annual account.

How much profit did DECORATION VINCENT make in 2024?

DECORATION VINCENT posted a profit after taxes of € 406,516 in financial year 2024.

What is the revenue of DECORATION VINCENT?

As a small company, DECORATION VINCENT is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 1,218,262.

How much does an employee at DECORATION VINCENT earn?

The average wage cost per full-time employee at DECORATION VINCENT was € 48,000 in 2024: staff costs of € 460,386 for 9.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DECORATION VINCENT have?

According to the 2024 annual accounts, DECORATION VINCENT has 9.6 full-time equivalents (FTE).

Does DECORATION VINCENT have a website?

Yes, DECORATION VINCENT has a website at vincentdecoration.be.

DECORATION VINCENT (Public Limited) - Ciney

Dossier DECORATION VINCENT, printed on 30 October 2026 from databakkes.be/en/0417879661/decoration-vincent. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

DECORATION VINCENT from Ciney, company number BE0417879661, closed financial year 2024 with a result of € 406,516 after tax. For that financial year DECORATION VINCENT recorded a gross margin of € 1.2 million and equity of € 1.8 million. Compared with financial year 2023, the result moved from € 144,289 to € 406,516. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2025.

What it is worth Growing

€ 1.8 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 406,516

▲ 182% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 329,646

▲ 58% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 405,000 paid out

100 % of the profit went to the shareholders, mostly to TSV CONCEPT (100 % of the shares). That is where the money ends up.

People and assets in 2024

Full-time equivalents

9.6

▲ 0.8 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 460,386

▼ 1% vs 2023

€ 48,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 36,679

▲ 202% vs 2023

Of which on lease € 26,720.

Debts at end 2024

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.8 million

▲ 24% vs 2023

€ 205,006 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 447,535

▲ 264% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 17,553

▼ 79% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 1,026,637 Gross margin 2021: € 1,026,637 First fiscal year in the series	€ 930,864 Gross margin 2022: € 930,864 ▼ 9% vs 2021 (€ 1,026,637) Unfavourable step	€ 1,000,681 Gross margin 2023: € 1,000,681 ▲ 8% vs 2022 (€ 930,864) Favourable step	€ 1,218,262 Gross margin 2024: € 1,218,262 ▲ 22% vs 2023 (€ 1,000,681) Favourable step	▲ 22%
Profit after taxes	€ 363,779 Profit after taxes 2021: € 363,779 First fiscal year in the series	€ 288,477 Profit after taxes 2022: € 288,477 ▼ 21% vs 2021 (€ 363,779) Unfavourable step	€ 144,289 Profit after taxes 2023: € 144,289 ▼ 50% vs 2022 (€ 288,477) Unfavourable step	€ 406,516 Profit after taxes 2024: € 406,516 ▲ 182% vs 2023 (€ 144,289) Favourable step	▲ 182%
Equity	€ 1,759,835 Equity 2021: € 1,759,835 First fiscal year in the series	€ 1,758,313 Equity 2022: € 1,758,313 Unchanged (€ 1,759,835) Unfavourable step	€ 1,757,602 Equity 2023: € 1,757,602 Unchanged (€ 1,758,313) Unfavourable step	€ 1,759,118 Equity 2024: € 1,759,118 Unchanged (€ 1,757,602) Favourable step
Total debts	€ 1,173,123 Total debts 2021: € 1,173,123 First fiscal year in the series	€ 1,404,382 Total debts 2022: € 1,404,382 ▲ 20% vs 2021 (€ 1,173,123) Unfavourable step	€ 2,127,688 Total debts 2023: € 2,127,688 ▲ 52% vs 2022 (€ 1,404,382) Unfavourable step	€ 2,719,760 Total debts 2024: € 2,719,760 ▲ 28% vs 2023 (€ 2,127,688) Unfavourable step	▲ 28%
Cash	€ 522,653 Cash 2021: € 522,653 First fiscal year in the series	€ 520,221 Cash 2022: € 520,221 Unchanged (€ 522,653) Unfavourable step	€ 208,171 Cash 2023: € 208,171 ▼ 60% vs 2022 (€ 520,221) Unfavourable step	€ 329,646 Cash 2024: € 329,646 ▲ 58% vs 2023 (€ 208,171) Favourable step	▲ 58%
Land & buildings	€ 948,330 Land & buildings 2021: € 948,330 First fiscal year in the series	€ 1,164,332 Land & buildings 2022: € 1,164,332 ▲ 23% vs 2021 (€ 948,330) Unchanged	€ 2,129,406 Land & buildings 2023: € 2,129,406 ▲ 83% vs 2022 (€ 1,164,332) Unchanged	€ 2,615,925 Land & buildings 2024: € 2,615,925 ▲ 23% vs 2023 (€ 2,129,406) Unchanged	▲ 23%
Retained profit	€ 1,697,835 Retained profit 2021: € 1,697,835 First fiscal year in the series	€ 1,696,313 Retained profit 2022: € 1,696,313 Unchanged (€ 1,697,835) Unfavourable step	€ 1,695,602 Retained profit 2023: € 1,695,602 Unchanged (€ 1,696,313) Unfavourable step	€ 1,697,118 Retained profit 2024: € 1,697,118 Unchanged (€ 1,695,602) Favourable step
Dividend	€ 310,000 Dividend 2021: € 310,000 First fiscal year in the series	€ 290,000 Dividend 2022: € 290,000 ▼ 6% vs 2021 (€ 310,000) Unchanged	€ 145,000 Dividend 2023: € 145,000 ▼ 50% vs 2022 (€ 290,000) Unchanged	€ 405,000 Dividend 2024: € 405,000 ▲ 179% vs 2023 (€ 145,000) Unchanged	▲ 179%
Bank debt	€ 637,105 Bank debt 2021: € 637,105 First fiscal year in the series	€ 647,787 Bank debt 2022: € 647,787 ▲ 2% vs 2021 (€ 637,105) Unfavourable step	€ 1,482,585 Bank debt 2023: € 1,482,585 ▲ 129% vs 2022 (€ 647,787) Unfavourable step	€ 1,844,183 Bank debt 2024: € 1,844,183 ▲ 24% vs 2023 (€ 1,482,585) Unfavourable step	▲ 24%
Balance sheet total	€ 2,950,343 Balance sheet total 2021: € 2,950,343 First fiscal year in the series	€ 3,179,180 Balance sheet total 2022: € 3,179,180 ▲ 8% vs 2021 (€ 2,950,343) Unchanged	€ 3,901,198 Balance sheet total 2023: € 3,901,198 ▲ 23% vs 2022 (€ 3,179,180) Unchanged	€ 4,493,917 Balance sheet total 2024: € 4,493,917 ▲ 15% vs 2023 (€ 3,901,198) Unchanged	▲ 15%
Employees (FTE)	287,110 Employees (FTE) 2021: 287,110 First fiscal year in the series	9.2 Employees (FTE) 2022: 9.2 ▼ 287,100.8 vs 2021 (287,110) Unchanged	8.8 Employees (FTE) 2023: 8.8 ▼ 0.4 vs 2022 (9.2) Unchanged	9.6 Employees (FTE) 2024: 9.6 ▲ 0.8 vs 2023 (8.8) Unchanged	▲ 0.8

Key figures of DECORATION VINCENT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to DECORATION VINCENT?

What happened at DECORATION VINCENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 16, 2025 New annual accounts for financial year 2024: profit of € 406,516 (▲ 182% vs 2023). filed late Source: NBB ↗
2023 TSV HOLDING stepped down as director. NBB
2023 Thierry VINCENT stepped down as director. NBB
2017 TSV HOLDING became a director. NBB
2017 Thierry VINCENT became a director. NBB
Jan 10, 1978 Start of the company according to the CBE. KBO
Jan 1, 1978 New establishment in Ciney. KBO

In short

From € 363,779 profit in 2021 to € 406,516 profit in 2024.

Paid € 148,296 in corporate taxes since 2021.

Best year ever: 2024, with € 406,516 profit.

On average € 126,900 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

TSV CONCEPT

TSV CONCEPT 100%

The stake of TSV CONCEPT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

DECORATION VINCENT

The shares are held by TSV CONCEPT and TSV CONCEPT (100%).

Directors

According to the 2024 annual accounts

TSV HOLDING

Director

since 2017 · until 2023

Thierry VINCENT

Managing director

since 2017 · until 2023

Shareholders

TSV CONCEPT

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Saint Gilles 49

5590 Ciney

2.014.416.618

Avenue de Namur 14

5590 Ciney

Active since 1 January 1978

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

VINCENT INVEST

€ 73,269 gross margin · 2024

VINCENT Rénovation

€ 149,872 gross margin · 2024

TSV CONCEPT same network

€ 252,590 gross margin · 2024

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS vincentdecoration.be

Canonical: https://www.vincentdecoration.be/

Technologies

Adobe FontsAll in One SEOCloudflare CDNJSFont AwesomeGoogle FontsIsotopeLightboxPHPSwiperWordPressjQuerylazysizes

Hosting & Email

Email provider

Microsoft 365

Hosting

OVH, FR

DNS

OVH DNS

Website info

HTTPS Ja

Indexable pages 5

Languages FR

Features

Webshop

Security

✓ HTTPS

✓ SPF

✗ DMARC

Network

✓ IPv6

Details

Company number

0417.879.661

VAT number

BE 0417.879.661

Registered office

Saint Gilles 49, 5590 Ciney

Names & denominations

DECORATION VINCENT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 January 1978

Peppol

Active · Active since 19 Dec 2025

Contact

vincentdecoration.be [email protected] 083/21.14.32

Activities · NACE

Schilderen van gebouwen

Schilderen

Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen

Plaatsen van behang

Overige werkzaamheden in verband met de afwerking van gebouwen

Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw

Overige gespecialiseerde bouwactiviteiten, neg

Bemiddeling in verband met exploitatie van en handel in onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

DECORATION VINCENT

Financials

What happened to DECORATION VINCENT?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions