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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2024.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 13.4 to 10.1.
Financials
Financial year 2024
DECORANDA from Maldegem, company number BE0453298519, closed financial year 2024 with a result of € -397,375 after tax. For that financial year DECORANDA recorded a gross margin of € 203,749 and equity of € -883,766. Compared with financial year 2024, the result moved from € -65,428 to € -397,375. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2025.
€ -883,766
▲ € 102,625 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -397,375
▼ 507 % more loss than in 2024
Profit after tax over the fiscal year.
€ 68,476
▲ € 54,459 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
People and assets in 2024
10.1
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 386,881
▼ 69% vs 2024
€ 38,300 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.
€ 53,764
▼ 24% vs 2024
Of which on lease € 46,490.
Debts at end 2024
€ 623,177
▼ 57% vs 2024
€ 87,384 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 447,314
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 380,924
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2024 | Change 2024 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,144,929 | € 1,043,357 | € 1,506,520 | € 203,749 | ▼ 86% |
| Profit after taxes | € 85,708 | € -40,446 | € -65,428 | € -397,375 | ▼ € 331,947 |
| Equity | € -880,516 | € -920,962 | € -986,390 | € -883,766 | ▲ € 102,625 |
| Total debts | € 2,955,825 | € 2,867,512 | € 2,796,882 | € 2,856,479 | ▲ 2% |
| Cash | € 56,060 | € 13,960 | € 14,017 | € 68,476 | ▲ € 54,459 |
| Retained profit | € -899,116 | € -939,562 | € -1,004,990 | € -1,402,366 | ▼ € 397,375 |
| Bank debt | € 1,686,872 | € 1,603,923 | € 1,434,399 | € 623,177 | ▼ 57% |
| Balance sheet total | € 2,075,309 | € 1,946,550 | € 1,810,492 | € 1,972,713 | ▲ 9% |
| Employees (FTE) | 13 | 13.4 | 12.5 | 10.1 | ▼ 2.4 |
Key figures of DECORANDA, 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 DECORANDA?
What happened at DECORANDA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 65,428. Source: NBB ↗
- New establishment in Maldegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,708 profit in 2021 to € 397,375 loss in 2024.
Paid € 6,901 in corporate taxes since 2021.
Best year ever: 2021, with € 85,708 profit.
On average € 20,200 of value added per employee in 2024.
Management
Behind DECORANDA is Cobo-Projects BV.
Directors
According to the 2024 annual accounts
Director · represented by Emmanuel Constandt
Establishments
Establishment units
Physical locations of this company
Krommewege 40 box B
9990 Maldegem
Krommewege 40B
9990 Maldegem
Active since 14 September 1994
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0453.298.519
- VAT number
- BE 0453.298.519
- Registered office
- Krommewege 40 bus B, 9990 Maldegem
- Names & denominations
- DECORANDA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 1994
- Peppol
- Active · Active since 17 Oct 2025
- Contact
- verandasdecoranda.be
- Activities · NACE
Vervaardiging van metalen deuren en vensters
Vervaardiging van metalen ramen, deuren, wanden en dergelijke
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Overige bouwinstallatie
Installatie van isolatie
Dakwerkzaamheden
Schrijnwerk
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