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 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NDM PEINTURE & DECORATION from Marche-en-Famenne, company number BE0761577682, closed financial year 2025 with a result of € 33,933 after tax. For that financial year NDM PEINTURE & DECORATION recorded a gross margin of € 314,317 and equity of € 45,549. Compared with financial year 2024, the result moved from € 26,311 to € 33,933. 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 May 29, 2026.
€ 45,549
▲ 292% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,933
▲ 29% vs 2024
Profit after tax over the fiscal year.
€ 7,828
▲ 63% 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 € 42,549.
People and assets in 2025
€ 232,384
▲ 15% 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.
€ 60,638
▼ 29% vs 2024
Of which on lease € 38,958.
Debts at end 2025
€ 205,657
▼ 12% vs 2024
€ 23,234 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 34,851
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,137
▲ 220% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 21,963 | € 138,248 | € 255,756 | € 314,317 | ▲ 23% |
| Profit after taxes | € -27,240 | € 11,945 | € 26,311 | € 33,933 | ▲ 29% |
| Equity | € -26,641 | € -14,695 | € 11,616 | € 45,549 | ▲ 292% |
| Total debts | € 98,394 | € 122,825 | € 308,771 | € 264,213 | ▼ 14% |
| Cash | € 7,544 | € 11,559 | € 4,803 | € 7,828 | ▲ 63% |
| Land & buildings | - | - | € 171,936 | € 173,478 | ▲ 1% |
| Retained profit | € -29,641 | € -17,695 | € 8,616 | € 42,549 | ▲ € 33,933 |
| Bank debt | € 48,407 | € 57,158 | € 233,864 | € 205,657 | ▼ 12% |
| Balance sheet total | € 71,753 | € 108,129 | € 320,387 | € 309,762 | ▼ 3% |
Key figures of NDM PEINTURE & DECORATION, 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 NDM PEINTURE & DECORATION?
What happened at NDM PEINTURE & DECORATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,933 (▲ 29% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Marche-en-Famenne. KBO
In short
From € 27,240 loss in 2022 to € 33,933 profit in 2025.
Paid € 10,949 in corporate taxes since 2022.
Best year ever: 2025, with € 33,933 profit.
Management
Behind NDM PEINTURE & DECORATION are Burim MUSTAFAJ and Nderim MUSTAFAJ.
Directors
According to the 2025 annual accounts
Burim MUSTAFAJ
Associate
Nderim MUSTAFAJ
Director
Establishments
Establishment units
Physical locations of this company
Harg., Rue de la Wamme 5
6900 Marche-en-Famenne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- MUSTAFAJ Nderim(fondateur) 90%
- MUSTAFAJ Burim(fondateur) 10%
Details
- Company number
- 0761.577.682
- VAT number
- BE 0761.577.682
- Registered office
- Harg., Rue de la Wamme 5, 6900 Marche-en-Famenne
- Names & denominations
- NDM PEINTURE & DECORATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 2021
- Peppol
- Active · Active since 15 Apr 2026
- Activities · NACE
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