ACTIVE

BELRO-DECOR

Financial year 2025 · closed on 30/04/2025
Net result
20,6 k €
-36.8% YoY
Gross margin
30,3 k €
-36.4% YoY
Equity
206,8 k €
+11.0% YoY

What does BELRO-DECOR do?

BELRO-DECOR is a Private limited company incorporated in 2013. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0542.548.021
Incorporation
28/11/2013
Legal form
Private limited company
Registered office
Rue des Palais outre-Ponts 460A box 7
1020 Bruxelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
30/04/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin30,3 k €47,7 k €17,9 k €27,3 k €14,2 k €36,9 k €26,8 k €34,7 k €28,6 k €26,5 k €15,9 k €
EBITDA30,1 k €46,1 k €17,8 k €27,2 k €14 k €36,4 k €26,2 k €33,2 k €28,3 k €26,2 k €15,9 k €
Operating result30,1 k €46,1 k €17,8 k €27,2 k €14 k €36,4 k €20,7 k €30,1 k €25,2 k €21,4 k €11,9 k €
Net result20,6 k €32,5 k €12 k €14,1 k €9,7 k €24,1 k €15,8 k €21,6 k €18,6 k €10,6 k €8,8 k €
Balance sheet
Equity206,8 k €186,2 k €153,7 k €141,7 k €127,7 k €118 k €93,9 k €69,8 k €44,2 k €25,6 k €15 k €
Total assets479,9 k €444,1 k €304,2 k €218,6 k €200,2 k €369,2 k €266,6 k €220,8 k €158,7 k €151,7 k €59,1 k €
Cash36,6 k €49,5 k €15,8 k €4,4 k €10,3 k €3,7 k €621,9 €67,5 €858,9 €5,5 k €35,3 €
Debts266,2 k €250,9 k €143,5 k €69,9 k €65,5 k €244,2 k €165,7 k €144,1 k €107,5 k €119,1 k €44,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/04/2025 · 1 active

Active mandates

CEZAR APARASCHIVEI

Mandate

Active
At this address

Other companies at this address

CompanyCBE no.
0418.837.090
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/05/202401/05/202301/05/202201/05/202101/05/202001/05/2019
Closing of the financial year30/04/202530/04/202430/04/202330/04/202230/04/202130/04/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/12/202529/11/202415/12/202325/11/202203/12/202105/02/2021
General meeting01/10/202502/10/202405/10/202305/10/202206/10/202107/10/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/04/202501/10/202501/12/2025FrenchPDF
Abridged model30/04/202402/10/202429/11/2024FrenchPDF
Abridged model30/04/202305/10/202315/12/2023FrenchPDF
Abridged model30/04/202205/10/202225/11/2022FrenchPDF
Abridged model30/04/202106/10/202103/12/2021FrenchPDF
Abridged model30/04/202007/10/202005/02/2021FrenchPDF
Abridged model30/04/201902/10/201913/12/2019FrenchPDF
Abridged model30/04/201804/10/201814/12/2018FrenchPDF
Abridged model30/04/201704/10/201705/12/2017FrenchPDF
Abridged model30/04/201605/10/201612/02/2018FrenchPDF
Abridged model30/04/201507/10/201503/11/2015FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 30/04/2025 · 1 active

Active mandates

CEZAR APARASCHIVEI

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office25/06/2018
    SIEGE SOCIAL - CAPITAL, ACTIONS
    PDF
  • Capital / shares04/12/2017
    CAPITAL, ACTIONS
    PDF
  • Capital / shares07/12/2016
    CAPITAL, ACTIONS
    PDF
  • Mandates06/08/2015
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other02/12/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202520,6 k €
  2. 2024
    Annual accounts 202432,5 k €
  3. 2023
    Annual accounts 202312 k €
  4. 2022
    Annual accounts 202214,1 k €
  5. 2021
    Annual accounts 20219,7 k €
  6. 2020
    Annual accounts 202024,1 k €
  7. 2019
    Annual accounts 201915,8 k €
  8. 2018
    Annual accounts 201821,6 k €
  9. 2017
    Annual accounts 201718,6 k €
  10. 2016
    Annual accounts 201610,6 k €
  11. 2015
    Annual accounts 20158,8 k €
  12. 28/11/2013
    IncorporationPrivate limited company