ACTIVE

DECOREX

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Financial year 2025 · closed on 31/12/2025

Net result

125,5 k €

+6494.9% YoY

Gross margin

159,8 k €

+73.2% YoY

Equity

322,4 k €

+1.7% YoY

Workforce

0,7 ETP

What does DECOREX do?

DECOREX is a Private company with limited liability incorporated in 1976. Its registered office is in Forest. It employs on average 0,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0416.145.935

Incorporation

03/08/1976

Legal form

Private company with limited liability

Registered office

Rue des Anciens Etangs 55
1190 Forest · BruxellesSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2025

Average workforce

0,7 ETP

Joint committees (3)

100
2000
201

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	159,8 k €	+73.2%	92,2 k €	-52.7%	194,8 k €	+216%	61,6 k €	+153%	24,4 k €	-47.1%	46,1 k €	+4.7%	44 k €	-75.7%	181,5 k €	-0.4%	182,2 k €	+18.6%	153,6 k €	-36.1%	240,2 k €	-27.1%	329,5 k €	-23.5%	430,7 k €	+23.7%	348,3 k €	+87.0%	186,2 k €	-4.3%	194,5 k €	-4.4%	203,4 k €	+196%	68,7 k €
EBITDA	132,7 k €	+50.5%	88,2 k €	-50.2%	177,1 k €	+198%	59,4 k €	+162%	22,6 k €	-51.7%	46,9 k €	+259%	-29,5 k €	-244%	20,5 k €	-64.7%	58 k €	+30.4%	44,5 k €	-65.1%	127,4 k €	-25.7%	171,4 k €	-46.3%	319,2 k €	+2.4%	311,6 k €	+98.5%	156,9 k €	-2.7%	161,3 k €	-16.6%	193,3 k €	+184%	68,1 k €
Operating result	132,3 k €	+50.6%	87,9 k €	-49.7%	174,6 k €	+207%	56,9 k €	+182%	20,2 k €	-54.5%	44,4 k €	+208%	-41,1 k €	-394%	14 k €	-71.2%	48,4 k €	+19.0%	40,7 k €	-64.6%	114,8 k €	-29.8%	163,5 k €	-46.6%	306,2 k €	+0.9%	303,4 k €	+109%	145 k €	-4.7%	152,2 k €	-17.4%	184,3 k €	+199%	61,6 k €
Net result	125,5 k €	+6495%	1,9 k €	-98.7%	148,5 k €	+192%	-161,1 k €	-9883%	1,6 k €	+162%	629,7 €	-89.8%	6,2 k €	+185%	2,2 k €	+77.5%	1,2 k €	-86.2%	8,8 k €	-85.9%	62,7 k €	-37.2%	99,7 k €	-60.6%	253,1 k €	-1.2%	256,1 k €	+73.1%	148 k €	+16.2%	127,3 k €	-22.9%	165,1 k €	+1830%	8,6 k €
Balance sheet
Equity	322,4 k €	+1.7%	316,9 k €	+0.6%	315 k €	+89.2%	166,4 k €	-49.2%	327,6 k €	+3.8%	315,5 k €	+0.2%	314,8 k €	+0.0%	314,7 k €	+0.7%	312,5 k €	+0.4%	311,3 k €	+0.4%	310 k €	+3.2%	300,3 k €	+0.2%	299,6 k €	+7.2%	279,6 k €	+11.2%	251,5 k €	+4.1%	241,5 k €	+0.1%	241,2 k €	+6.7%	226,1 k €
Total assets	732,2 k €	-3.3%	757,1 k €	-35.9%	1,2 M €	+19.4%	988,3 k €	-18.9%	1,2 M €	+7.8%	1,1 M €	+50.3%	752,5 k €	-31.4%	1,1 M €	-0.5%	1,1 M €	-8.4%	1,2 M €	+26.1%	954,7 k €	-48.3%	1,8 M €	+19.6%	1,5 M €	+26.7%	1,2 M €	+22.5%	995,3 k €	+17.4%	847,8 k €	+32.5%	640 k €	+31.8%	485,7 k €
Cash	431,1 k €	-12.6%	493,5 k €	-48.4%	956,7 k €	+38.4%	691 k €	-35.0%	1,1 M €	+30.5%	815,1 k €	+81.7%	448,5 k €	-41.8%	771,2 k €	+6.8%	722,2 k €	+12.9%	639,5 k €	+57.7%	405,6 k €	-64.0%	1,1 M €	+67.6%	671,9 k €	+44.6%	464,5 k €	-31.9%	682,2 k €	+84.9%	369 k €	-19.7%	459,3 k €	+100%	229,3 k €
Debts	261,5 k €	-40.6%	440,2 k €	-47.2%	833,4 k €	+3.8%	803 k €	-9.2%	884,7 k €	+9.8%	805,5 k €	+94.9%	413,3 k €	-44.4%	743,6 k €	+2.6%	725,1 k €	-6.0%	771,5 k €	+37.7%	560,4 k €	-57.3%	1,3 M €	+9.0%	1,2 M €	+37.4%	876,7 k €	+32.8%	660 k €	+12.4%	587,4 k €	+53.9%	381,8 k €	+53.8%	248,2 k €
Other
Workforce	0,7 ETP		0,0 ETP	-100%	0,4 ETP		0,0 ETP		–		1,0 ETP	-9.1%	1,1 ETP	-60.7%	2,8 ETP	+7.7%	2,6 ETP	+13.0%	2,3 ETP	-20.7%	2,9 ETP	-6.5%	3,1 ETP	+29.2%	2,4 ETP	+100%	1,2 ETP	+20.0%	1,0 ETP	-9.1%	1,1 ETP	+175%	0,4 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

SOLSTIS

Director · 0462.836.488

Represented by François Van Coppenolle

Active

Ended mandates

SOLSTIS

Manager · 0462.836.488

Represented by François Van Coppenolle

Ended

SOLSTIS

Manager · 0462.836.488

Ended

SOLSTIS

Manager · 0462.836.488

Represented by François Van Coppenolle

Ended

SRL SOLSTIS

Director

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	26/08/2026	27/08/2025	30/07/2024	30/08/2023	19/07/2022	31/08/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	26/08/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	27/08/2025	French	PDF
Abridged model	31/12/2023	30/06/2024	30/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	30/08/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	19/07/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	31/08/2020	14/09/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	30/07/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	31/07/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	17/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	11/07/2014	French	PDF
Abridged model	31/12/2012	29/08/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	21/08/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	10/08/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

SOLSTIS

Director · 0462.836.488

Represented by François Van Coppenolle

Active

Ended mandates

SOLSTIS

Manager · 0462.836.488

Represented by François Van Coppenolle

Ended

SOLSTIS

Manager · 0462.836.488

Ended

SOLSTIS

Manager · 0462.836.488

Represented by François Van Coppenolle

Ended

SRL SOLSTIS

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office20/10/2003
SIEGE SOCIAL
PDF
Mandates20/06/2003
DEMISSIONS, NOMINATIONS
PDF
Mandates22/11/2002
DEMISSIONS, NOMINATIONS
PDF
Registered office30/10/2002
SIEGE SOCIAL
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

2025
Annual accounts 2025125,5 k €↑
2024
Annual accounts 20241,9 k €↓
2023
Annual accounts 2023148,5 k €↑
2022
Annual accounts 2022-161,1 k €↓
2021
Annual accounts 20211,6 k €↑
2018
Annual accounts 2018629,7 €↓
2017
Annual accounts 20176,2 k €↑
2016
Annual accounts 20162,2 k €↑
2015
Annual accounts 20151,2 k €↓
2014
Annual accounts 20148,8 k €↓
2013
Annual accounts 201362,7 k €↓
2012
Annual accounts 201299,7 k €↓
2011
Annual accounts 2011253,1 k €↓
2010
Annual accounts 2010256,1 k €↑
2009
Annual accounts 2009148 k €↑
2008
Annual accounts 2008127,3 k €↓
2007
Annual accounts 2007165,1 k €↑
2006
Annual accounts 20068,6 k €
03/08/1976
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DECOREX

Overview

What does DECOREX do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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