ACTIVE

HR-Decor

Financial year 2025 · Closed on 31/12/2025

Net result25,8 k €-62,1 %over 1 year

Gross margin174,6 k €-19,9 %over 1 year

Equity111,4 k €+30,1 %over 1 year

Identity

Source · BCE/KBO

HR-Decor is a Private limited company incorporated in 1998. Its main activity is: Painting and glazing. Its registered office is in Sankt Vith.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0462.652.584
Incorporation: 18/02/1998
Legal form: Private limited company
Registered office: Andler 11 B
4782 Sankt Vith · WallonieSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025

Activities (NACE)

43341Painting and glazing· main 43341Painting and glazing 43333Floor and wall covering 43333Floor and wall covering 43342Painting and glazing 43342Painting and glazing+4

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	174,6 k €	-19.9%	218 k €	+10020%	-2,2 k €	-282%	-575,9 €	-102%	26,1 k €
EBITDA	55,6 k €	-42.9%	97,4 k €	+3801%	-2,6 k €	-185%	-923,4 €	-104%	24,5 k €
Operating result	32,8 k €	-58.2%	78,5 k €	+3081%	-2,6 k €	-185%	-923,4 €	-104%	24,5 k €
Net result	25,8 k €	-62.1%	68 k €	+2872%	-2,5 k €	-142%	-1 k €	-102%	46,8 k €
Balance sheet
Equity	111,4 k €	+30.1%	85,6 k €	+387%	17,6 k €	-12.2%	20 k €	-89.1%	183 k €
Total assets	184,4 k €	+11.1%	166 k €	+747%	19,6 k €	-2.1%	20 k €	-89.4%	188,4 k €
Cash	18,4 k €	+167%	6,9 k €	-64.9%	19,6 k €	+3.0%	19 k €	-89.9%	188 k €
Debts	73 k €	-9.2%	80,4 k €	+3875%	2 k €		–		5,4 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Raphael HOFFMANN	Directorsince 27/12/2023

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alwin Lenges	Chairman of the board of directors10/02/1998 → 2016 accounts
Alwin Lenges-Hensius	Director10/02/1998 → 27/12/2023
Guido Lenges	Administrator - manager10/02/1998 → 2016 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Abridged 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	19/08/2026	30/08/2025	29/08/2024	31/08/2023	30/08/2022	29/09/2021
General meeting	24/06/2026	25/06/2025	26/06/2024	23/06/2023	24/06/2022	25/06/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	24/06/2026	19/08/2026	German	PDF
Micro model	31/12/2024	25/06/2025	30/08/2025	German	PDF
Micro model	31/12/2023	26/06/2024	29/08/2024	German	PDF
Abridged model	31/12/2022	23/06/2023	31/08/2023	German	PDF
Abridged model	31/12/2021	24/06/2022	30/08/2022	German	PDF
Abridged model	31/12/2020	25/06/2021	29/09/2021	German	PDF
Abridged model	31/12/2019	26/06/2020	31/08/2020	German	PDF
Abridged model	31/12/2018	28/06/2019	23/10/2019	German	PDF
Abridged model	31/12/2017	29/06/2018	31/08/2018	German	PDF
Abridged model	31/12/2016	30/06/2017	29/09/2017	German	PDF
Abridged model	31/12/2015	30/06/2016	17/08/2016	German	PDF
Abridged model	31/12/2014	30/06/2015	17/08/2015	German	PDF
Abridged model	31/12/2013	30/06/2014	10/07/2014	German	PDF
Abridged model	31/12/2012	26/08/2013	31/08/2013	German	PDF
Abridged model	31/12/2011	15/06/2012	29/08/2012	German	PDF
Abridged model	31/12/2010	15/06/2011	21/06/2011	German	PDF
Abridged model	31/12/2009	16/06/2010	06/08/2010	German	PDF
Abridged model	31/12/2008	29/05/2009	31/08/2009	German	PDF
Abridged model	31/12/2007	09/05/2008	27/05/2008	German	PDF
Abridged model	31/12/2006	29/06/2007	29/08/2007	German	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Raphael HOFFMANN	Directorsince 27/12/2023

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alwin Lenges	Chairman of the board of directors10/02/1998 → 2016 accounts
Alwin Lenges-Hensius	Director10/02/1998 → 27/12/2023
Guido Lenges	Administrator - manager10/02/1998 → 2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/01/2024
SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, ) - AENDERUNG RECHTSFORM - GESELLSCHAFTSNAME - GESELLSCHAFTSSITZ - GEGENSTAND - ENTLASSUNG - ERNENNUNG - GENERALVERSAMMLUNG
PDF
Registered office25/02/2016
Sitzverlegung
PDF
Registered office05/02/2016
GESELLSCHAFTSSITZ
PDF
Capital / shares12/08/2005
KAPITAL - AKTIEN - GENERALVERSAMMLUNG - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Raphael HOFFMANN

Rudi Lenges

Alwin Lenges

Rudolf Lenges-Hensius

Alwin Lenges-Hensius

Guido Lenges-Hensius

Guido Lenges

19981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

HR-DecorRAG

Andler 11 bte B, 4780 Saint-VithZur Ochsenbaracke, Recht 59, 4780 Saint-Vith

Director

DirectorAdministrator - manager

Chairman of the board of directors

DirectorManaging director

Director

Administrator - manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Andler 11 B, 4782 SchönbergCurrent		CBE
Andler 11 bte B, 4780 Saint-Vith	accounts 2023 → 2025	Accounts 2025 · 2026-00413703
Zur Ochsenbaracke, Recht 59, 4780 Saint-Vith	accounts 2021 → 2022	Accounts 2022 · 2023-00427846

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
HR-DecorCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00413703
RAG	accounts 2021 → 2022	Accounts 2022 · 2023-00427846

Events

2025
Annual accounts 202525,8 k €↓
2024
Annual accounts 202468 k €↑
2023
Annual accounts 2023-2,5 k €↓
2023
Name changeHR-Decor
2022
Annual accounts 2022-1 k €↓
2021
Annual accounts 202146,8 k €↑
2020
Annual accounts 2020-74 k €↓
2019
Annual accounts 201934,3 k €↑
2018
Annual accounts 2018132 €↓
2017
Annual accounts 201717,8 k €↑
2016
Annual accounts 201611,3 k €↑
2015
Annual accounts 20151,4 k €↓
2014
Annual accounts 201449,2 k €↑
2013
Annual accounts 20139,3 k €↑
2012
Annual accounts 20121,2 k €↓
2011
Annual accounts 201122,3 k €↑
2010
Annual accounts 2010-11,6 k €↓
2009
Annual accounts 200945,9 k €↑
2008
Annual accounts 2008-24 k €↓
2007
Annual accounts 20072,8 k €↓
2006
Annual accounts 20065,5 k €
18/02/1998
IncorporationPrivate limited company

HR-Decor

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

Registered offices

Company names

Events