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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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DSM-DECORATIE from Gent, company number BE0477946615, closed financial year 2025 with a result of € 2,441 after tax. For that financial year DSM-DECORATIE recorded a gross margin of € 22,413 and equity of € 12,084. Compared with financial year 2024, the result moved from € 1,486 to € 2,441. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2026.
€ 12,084
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,441
▲ 64% vs 2024
Profit after tax over the fiscal year.
€ 1,569
▲ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -1,616.
People and assets in 2025
€ 5,024
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 49,830
▼ 22% vs 2024
€ 18,212 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 16,877
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,888
▲ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 46,699 | € 14,087 | € 23,112 | € 22,413 | ▼ 3% |
| Profit after taxes | € -19,537 | € -15,117 | € 1,486 | € 2,441 | ▲ 64% |
| Equity | € 30,805 | € 15,688 | € 9,643 | € 12,084 | ▲ 25% |
| Total debts | € 122,251 | € 112,880 | € 107,888 | € 98,059 | ▼ 9% |
| Cash | € 2,769 | € 1,853 | € 891 | € 1,569 | ▲ 76% |
| Land & buildings | € 89,752 | € 82,099 | € 74,445 | € 66,792 | ▼ 10% |
| Retained profit | € 17,105 | € 1,988 | € -4,057 | € -1,616 | ▲ € 2,441 |
| Dividend | € 0 | € 0 | € 7,531 | € 0 | ▼ 100% |
| Bank debt | € 95,519 | € 83,408 | € 63,812 | € 49,830 | ▼ 22% |
| Balance sheet total | € 153,057 | € 128,568 | € 117,532 | € 110,143 | ▼ 6% |
Key figures of DSM-DECORATIE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to DSM-DECORATIE?
What happened at DSM-DECORATIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,441 (▲ 64% vs 2024). Source: NBB ↗
- Nancy Maebe became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,537 loss in 2022 to € 2,441 profit in 2025.
Paid € 1,465 in corporate taxes since 2022.
Best year ever: 2025, with € 2,441 profit.
Paid out € 7,531 in dividends to the owners in total.
Management
Behind DSM-DECORATIE are Nancy Maebe and Christophe De Sloover.
Directors
According to the 2025 annual accounts
Nancy Maebe
Director
since 2011
Christophe De Sloover
Director
Establishments
Establishment units
Physical locations of this company
Zandvoordestraat 75 box A
9052 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0477.946.615
- VAT number
- BE 0477.946.615
- Registered office
- Zandvoordestraat 75 bus A, 9052 Gent
- Names & denominations
- DSM-DECORATIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2002
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Detailhandel in verlichtingsartikelen
Detailhandel in artikelen voor verlichting en woninginrichting
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Schilderen van gebouwen
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Schilderen
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