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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Colour & Decoration from Herzele, company number BE0818908642, closed financial year 2025 with a result of € -4,607 after tax. For that financial year Colour & Decoration recorded a gross margin of € 18,209 and equity of € 12,455. Compared with financial year 2024, the result moved from € -7,231 to € -4,607. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 12,455
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,607
▲ 36 % less loss than in 2024
Profit after tax over the fiscal year.
€ 17,325
▲ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 55.
Debts at end 2025
€ 113,433
▼ 5% vs 2024
€ 16,640 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 261,029
▲ € 239,863 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,212
▲ 29% 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 | € 26,440 | € 22,713 | € 1,166 | € 18,209 | ▲ € 17,043 |
| Profit after taxes | € 4,372 | € 4,502 | € -7,231 | € -4,607 | ▲ € 2,624 |
| Equity | € 19,791 | € 24,293 | € 17,062 | € 12,455 | ▼ 27% |
| Total debts | € 89,533 | € 99,032 | € 210,848 | € 441,797 | ▲ 110% |
| Cash | € 28,681 | € 16,478 | € 11,853 | € 17,325 | ▲ 46% |
| Land & buildings | - | - | € 112,012 | € 108,651 | ▼ 3% |
| Retained profit | € 7,391 | € 11,893 | € 4,662 | € 55 | ▼ 99% |
| Bank debt | € 0 | € 0 | € 119,815 | € 113,433 | ▼ 5% |
| Balance sheet total | € 109,324 | € 123,325 | € 227,910 | € 454,252 | ▲ 99% |
Key figures of Colour & 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 Colour & Decoration?
What happened at Colour & Decoration in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,607. filed late Source: NBB ↗
- New establishment in Herzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,372 profit in 2022 to € 4,607 loss in 2025.
Paid € 4,633 in corporate taxes since 2022.
Best year ever: 2023, with € 4,502 profit.
Management
Behind Colour & Decoration is Jourie Voorhaen. Jourie Voorhaen is also behind VOORHAEN and Soup'r.
Establishments
Establishment units
Physical locations of this company
Hoogstraat 179 box C
9550 Herzele
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0818.908.642
- VAT number
- BE 0818.908.642
- Registered office
- Hoogstraat 179 bus C, 9550 Herzele
- Names & denominations
- Colour & Decoration
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2009
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
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