Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
GORI-DECOR from Knokke-Heist, company number BE0452174903, closed financial year 2025 with a result of € -2,375 after tax. For that financial year GORI-DECOR recorded a gross margin of € 37,987 and equity of € 3,824. Compared with financial year 2024, the result moved from € -48,564 to € -2,375. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 3,824
▼ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,375
▲ 95 % less loss than in 2024
Profit after tax over the fiscal year.
€ 6,079
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -39,557.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 35,351
▼ 25% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 37
▼ 98% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,879
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,176
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,275 | € 70,538 | € 3,857 | € 37,987 | ▲ € 34,131 |
| Profit after taxes | € -36,872 | € 6,396 | € -48,564 | € -2,375 | ▲ € 46,189 |
| Equity | € 48,367 | € 54,764 | € 6,199 | € 3,824 | ▼ 38% |
| Total debts | € 18,680 | € 28,966 | € 27,073 | € 22,208 | ▼ 18% |
| Cash | € 20,548 | € 45,871 | € 18,481 | € 6,079 | ▼ 67% |
| Retained profit | € 4,986 | € 11,382 | € -37,182 | € -39,557 | ▼ € 2,375 |
| Bank debt | € 458 | € 1,033 | € 0 | € 0 | |
| Balance sheet total | € 67,048 | € 83,730 | € 33,272 | € 26,032 | ▼ 22% |
Key figures of GORI-DECOR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GORI-DECOR?
What happened at GORI-DECOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,375. Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,872 loss in 2022 to € 2,375 loss in 2025.
Best year ever: 2023, with € 6,396 profit.
Management
Behind GORI-DECOR is Bernard Migeon.
Directors
According to the 2025 annual accounts
Bernard Migeon
Director
Establishments
Establishment units
Physical locations of this company
Hugevliet 10
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.174.903
- VAT number
- BE 0452.174.903
- Registered office
- Hugevliet 10, 8300 Knokke-Heist
- Names & denominations
- GORI-DECOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 1994
- Peppol
- Active · Active since 25 Dec 2025
- Activities · NACE
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