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 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Decorte Guitars from Gent, company number BE0794464147, closed financial year 2025 with a result of € 2,293 after tax. For that financial year Decorte Guitars recorded a gross margin of € 8,389 and equity of € 15,037. Compared with financial year 2024, the result moved from € 10,244 to € 2,293. The company is profitable. 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 June 1, 2026.
€ 15,037
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,293
▼ 78% vs 2024
Profit after tax over the fiscal year.
€ 49,071
▲ € 37,000 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 € 12,537.
Debts at end 2025
€ 17,000
Loans from banks and other lenders, long and short.
€ 28,480
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,608
▼ 28% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 13,174 | € 8,389 | ▼ 36% |
| Profit after taxes | € 10,244 | € 2,293 | ▼ 78% |
| Equity | € 12,744 | € 15,037 | ▲ 18% |
| Total debts | € 127,578 | € 155,513 | ▲ 22% |
| Cash | € 12,071 | € 49,071 | ▲ € 37,000 |
| Land & buildings | - | € 4,446 | |
| Retained profit | € 10,244 | € 12,537 | ▲ 22% |
| Bank debt | € 0 | € 17,000 | |
| Balance sheet total | € 140,322 | € 170,550 | ▲ 22% |
Key figures of Decorte Guitars, fiscal years 2024 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 Decorte Guitars?
What happened at Decorte Guitars in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,293 (▼ 78% vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 10,244 profit in 2024 to € 2,293 profit in 2025.
Paid € 3,329 in corporate taxes since 2024.
Best year ever: 2024, with € 10,244 profit.
Establishments
Establishment units
Physical locations of this company
Reginald Warnefordstraat 120
9040 Gent
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 ↗- DECORTE, Kurt Maurice(oprichter) 100%
Details
- Company number
- 0794.464.147
- VAT number
- BE 0794.464.147
- Registered office
- Reginald Warnefordstraat 120, 9040 Gent
- Names & denominations
- Decorte Guitars
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2022
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- lutheriedecorte.be [email protected]
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