Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MA DECOR from Schaarbeek, company number BE0670866747, closed financial year 2025 with a result of € 1,021 after tax. For that financial year MA DECOR recorded a gross margin of € 1,679 and equity of € -6,427. Compared with financial year 2024, the result moved from € -12,761 to € 1,021. Profitable, and profit is growing. 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 August 7, 2026.
€ -6,427
▲ € 1,021 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,021
▲ still € 12,761 loss in 2024
Profit after tax over the fiscal year.
€ 1,311
▲ 21% 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 € -18,727.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 38,112
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,083
▲ 128% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 46,074 | - | - | - | |
| Gross margin | € 8,582 | € -8,552 | € -10,912 | € 1,679 | ▲ € 12,590 |
| Profit after taxes | € 8,304 | € -8,796 | € -12,761 | € 1,021 | ▲ € 13,782 |
| Equity | € 14,111 | € 5,314 | € -7,447 | € -6,427 | ▲ € 1,021 |
| Total debts | € 56,099 | € 31,125 | € 64,300 | € 59,195 | ▼ 8% |
| Cash | € 2,815 | € 4,574 | € 1,082 | € 1,311 | ▲ 21% |
| Retained profit | € 1,811 | € -6,986 | € -19,747 | € -18,727 | ▲ € 1,021 |
| Balance sheet total | € 70,209 | € 36,440 | € 56,853 | € 52,768 | ▼ 7% |
Key figures of MA 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 MA DECOR?
What happened at MA DECOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,021. filed late Source: NBB ↗
- New establishment in Schaarbeek. KBO
- Abdelaziz El Kharraz became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,304 profit in 2022 to € 1,021 profit in 2025.
Best year ever: 2022, with € 8,304 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MA DECOR is Abdelaziz El Kharraz.
Directors
According to the 2025 annual accounts
Abdelaziz El Kharraz
Gérant
since 2017
Establishments
Establishment units
Physical locations of this company
Paleizenstraat 114
1030 Schaarbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Website info
Features
Details
- Company number
- 0670.866.747
- VAT number
- BE 0670.866.747
- Registered office
- Paleizenstraat 114, 1030 Schaarbeek
- Names & denominations
- MA DECOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 2017
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- rideaux-madecor.be +32483007042
- Activities · NACE
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