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 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DECORATIE JTC from Harelbeke, company number BE0809553882, closed financial year 2025 with a result of € -136 after tax. For that financial year DECORATIE JTC recorded a gross margin of € 13,896 and equity of € 71,001. Compared with financial year 2024, the result moved from € 4,016 to € -136. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 71,001
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -136
▼ still € 4,016 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 49,001.
Debts at end 2025
€ 26,447
▲ 21% vs 2024
Loans from banks and other lenders, long and short.
€ 12,181
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,286
▼ 42% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 21,553 | € 13,657 | € 20,049 | € 13,896 | ▼ 31% |
| Profit after taxes | € 5,234 | € 288 | € 4,016 | € -136 | ▼ € 4,152 |
| Equity | € 105,333 | € 105,621 | € 85,422 | € 71,001 | ▼ 17% |
| Total debts | € 53,291 | € 50,962 | € 51,822 | € 53,073 | ▲ 2% |
| Land & buildings | € 98,952 | € 106,713 | € 98,759 | € 90,355 | ▼ 9% |
| Retained profit | € 85,333 | € 83,621 | € 63,422 | € 49,001 | ▼ 23% |
| Bank debt | € 21,252 | € 18,734 | € 21,801 | € 26,447 | ▲ 21% |
| Balance sheet total | € 158,624 | € 156,583 | € 137,244 | € 124,074 | ▼ 10% |
Key figures of DECORATIE JTC, 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 DECORATIE JTC?
What happened at DECORATIE JTC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 136 (▼ € 4,152 vs 2024). Source: NBB ↗
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,234 profit in 2022 to € 136 loss in 2025.
Paid € 3,852 in corporate taxes since 2022.
Best year ever: 2022, with € 5,234 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 DECORATIE JTC are Jan COUDENYS and Tom COUDENYS.
Directors
According to the 2025 annual accounts
Jan COUDENYS
Director
Tom COUDENYS
Director
Establishments
Establishment units
Physical locations of this company
Ter Elstweg 1 box A
8531 Harelbeke
Ter Elstweg 1A
8531 Harelbeke
Active since 3 February 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0809.553.882
- VAT number
- BE 0809.553.882
- Registered office
- Ter Elstweg 1 bus A, 8531 Harelbeke
- Names & denominations
- DECORATIE JTC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 2009
- Peppol
- Active · Active since 2 Jun 2025
- Activities · NACE
Schilderen van gebouwen
Activiteiten van kuuroorden, sauna’s en stoombaden
Sauna's, solaria, baden enz.