ACTIVE

LE DECORATEUR MICHEL

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Financial year 2025 · Closed on 31/12/2025

Net result276,3 k €-28,7 %over 1 year

Revenue2,1 M €-1,5 %over 1 year

Equity172,2 k €+0,2 %over 1 year

Workforce26,8 ETP+0,4 %over 1 year

Identity

Source · BCE/KBO

LE DECORATEUR MICHEL is a Public limited company incorporated in 1977. Its main activity is: Floor and wall covering. Its registered office is in Rebecq. It employs on average 26,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0417.152.755
Incorporation: 01/04/1977
Legal form: Public limited company
Registered office: Route de Quenast 37
1430 Rebecq · WallonieSee on map
Contributed capital: 74 368,06 €
Latest accounts: 31/12/2025
Average workforce: 26,8 ETP

Activities (NACE)

43333Floor and wall covering· main 43333Floor and wall covering 43341Painting and glazing 43341Painting and glazing 45433Sale, maintenance and repair of motorcycles and related parts and accessories

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	2,1 M €	-1.5%	2,1 M €	+29.0%	1,7 M €	+6.4%	1,6 M €	+7.6%	1,4 M €
EBITDA	369,2 k €	-28.8%	518,4 k €	+84.5%	280,9 k €	-44.6%	506,7 k €	+6.0%	477,9 k €
Operating result	367,1 k €	-28.8%	515,6 k €	+85.3%	278,2 k €	-44.8%	504 k €	+6.0%	475,3 k €
Net result	276,3 k €	-28.7%	387,4 k €	+87.6%	206,5 k €	-45.0%	375,7 k €	+6.1%	354,1 k €
Balance sheet
Equity	172,2 k €	+0.2%	171,9 k €	+3.5%	166,1 k €	+0.1%	166 k €	+3.8%	159,9 k €
Total assets	1,2 M €	+20.1%	990,1 k €	+32.4%	747,8 k €	-2.6%	768,1 k €	-1.2%	777,5 k €
Cash	1,1 k €	-42.1%	2 k €	-97.8%	87,2 k €	-61.2%	224,9 k €	+21.0%	185,9 k €
Debts	998 k €	+24.5%	801,7 k €	+41.2%	568 k €	-3.9%	591,1 k €	-3.0%	609,4 k €
Other
Workforce	26,8 ETP	+0.4%	26,7 ETP	+19.2%	22,4 ETP	+9.3%	20,5 ETP	+17.1%	17,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 16 ended

Active mandates

Patrick RINALDI

Managing director · since 30 juin 2023 · until 16 juin 2029

Active

Ended mandates

Patrick RINALDI

Managing director · since 11 septembre 2020 · until 17 mai 2023

Ended

Patrick RINALDI

Managing director · since 11 septembre 2020 · until 30 juin 2023

Ended

Michèle RUTKOWSKI

Director · since 17 mai 2017 · until 17 mai 2023

Ended

Michèle RUTKOWSKI

Director · since 17 mai 2017 · until 30 juin 2023

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/07/2026	11/07/2025	12/07/2024	07/07/2023	05/07/2022	30/08/2021
General meeting	09/07/2026	10/07/2025	10/07/2024	30/06/2023	25/06/2022	17/08/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	09/07/2026	10/07/2026	French	PDF
Full model	31/12/2024	10/07/2025	11/07/2025	French	PDF
Full model	31/12/2023	10/07/2024	12/07/2024	French	PDF
Full model	31/12/2022	30/06/2023	07/07/2023	French	PDF
Full model	31/12/2021	25/06/2022	05/07/2022	French	PDF
Full model	31/12/2020	17/08/2021	30/08/2021	French	PDF
Full model	31/12/2019	11/09/2020	22/09/2020	French	PDF
Full model	31/12/2018	30/06/2019	02/07/2019	French	PDF
Full model	31/12/2017	30/06/2018	04/07/2018	French	PDF
Full model	31/12/2016	17/05/2017	31/08/2017	French	PDF
Full model	31/12/2015	18/05/2016	07/07/2016	Dutch	PDF
Full model	31/12/2014	20/05/2015	09/07/2015	Dutch	PDF
Full model	31/12/2013	16/09/2014	29/09/2014	Dutch	PDF
Full model	31/12/2012	15/05/2013	04/07/2013	Dutch	PDF
Full model	31/12/2011	16/05/2012	04/07/2012	Dutch	PDF
Full model	31/12/2010	18/05/2011	08/07/2011	Dutch	PDF
Full model	31/12/2009	19/05/2010	08/07/2010	Dutch	PDF
Full model	31/12/2008	20/05/2009	08/07/2009	Dutch	PDF
Full model	31/12/2007	21/05/2008	16/12/2008	Dutch	PDF
Full model	31/12/2007	21/05/2008	08/08/2008	French	PDF
Full model	31/12/2006	16/05/2007	05/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 16 ended

Active mandates

Patrick RINALDI

Managing director · since 30 juin 2023 · until 16 juin 2029

Active

Ended mandates

Patrick RINALDI

Managing director · since 11 septembre 2020 · until 17 mai 2023

Ended

Patrick RINALDI

Managing director · since 11 septembre 2020 · until 30 juin 2023

Ended

Michèle RUTKOWSKI

Director · since 17 mai 2017 · until 17 mai 2023

Ended

Michèle RUTKOWSKI

Director · since 17 mai 2017 · until 30 juin 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/09/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2023
OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates09/12/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates25/10/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates06/02/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office23/02/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates30/12/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/05/2013
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025276,3 k €↓
2024
Annual accounts 2024387,4 k €↑
2023
Annual accounts 2023206,5 k €↓
2022
Annual accounts 2022375,7 k €↑
2021
Annual accounts 2021354,1 k €↓
2020
Annual accounts 2020542,4 k €↑
2019
Annual accounts 2019481,3 k €↑
2018
Annual accounts 2018187,6 k €↑
2017
Annual accounts 2017107,6 k €↓
2016
Annual accounts 2016111,2 k €↓
2015
Annual accounts 2015176,9 k €↑
2014
Annual accounts 2014121,8 k €↓
2013
Annual accounts 2013166,9 k €↑
2012
Annual accounts 2012152,9 k €↓
2011
Annual accounts 2011238,8 k €↑
2010
Annual accounts 2010233,3 k €↓
2009
Annual accounts 2009315,8 k €↑
2008
Annual accounts 2008306,3 k €↑
2007
Annual accounts 2007232,7 k €↑
2006
Annual accounts 2006174,6 k €
01/04/1977
IncorporationPublic limited company

LE DECORATEUR MICHEL

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline