ACTIVE

Decover

Financial year 2025 · Closed on 31/12/2025

Net result40 k €-66,1 %over 1 year

Gross margin89,4 k €-55,0 %over 1 year

Equity2,6 M €+1,5 %over 1 year

Identity

Source · BCE/KBO

Decover is a Public limited company incorporated in 1982. Its main activity is: Retail sale of medical and orthopaedic goods in specialised stores. Its registered office is in Waregem.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0422.429.060
Incorporation: 14/01/1982
Legal form: Public limited company
Registered office: Stationsstraat 135
8790 Waregem · FlandreSee on map
Contributed capital: 594 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

47740Retail sale of medical and orthopaedic goods in specialised stores· main 47741Retail sale of medical and orthopaedic goods in specialised stores 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	89,4 k €	-55.0%	198,7 k €	-40.5%	334,1 k €	-34.1%	506,9 k €	-15.2%	597,5 k €
EBITDA	79,9 k €	-56.4%	183,3 k €	-40.0%	305,5 k €	-36.1%	478,3 k €	-13.2%	551 k €
Operating result	34 k €	-75.4%	138 k €	-48.2%	266,5 k €	-35.9%	415,9 k €	-19.2%	514,5 k €
Net result	40 k €	-66.1%	118 k €	-39.2%	194 k €	-32.5%	287,6 k €	-19.2%	356 k €
Balance sheet
Equity	2,6 M €	+1.5%	2,6 M €	+4.8%	2,5 M €	+8.5%	2,3 M €	+14.5%	2 M €
Total assets	2,7 M €	+1.6%	2,6 M €	+3.7%	2,5 M €	+5.8%	2,4 M €	+17.3%	2 M €
Cash	546,2 k €	+108%	262 k €	+40.8%	186,1 k €	-85.6%	1,3 M €	+41.4%	917 k €
Debts	23,7 k €	+8.4%	21,8 k €	-49.7%	43,4 k €	-57.3%	101,7 k €	+160%	39,1 k €
Other
Workforce	–		–		–		–		1,4 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 · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Lode VERMEERSCH	DirectorManaging director2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bruno VERMEERSCH	Director23/09/2009 → 2016 accounts
Gertrude VERMEERSCH	Directoruntil 23/09/2009

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	01/07/2026	08/07/2025	25/06/2024	27/07/2023	29/07/2022	29/06/2021
General meeting	01/06/2026	02/06/2025	01/06/2024	01/06/2023	01/06/2022	01/06/2021
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	01/06/2026	01/07/2026	Dutch	PDF
Micro model	31/12/2024	02/06/2025	08/07/2025	Dutch	PDF
Micro model	31/12/2023	01/06/2024	25/06/2024	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	14/09/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	03/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	27/07/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	01/06/2008	22/08/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	30/08/2007	Dutch	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 · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Lode VERMEERSCH	DirectorManaging director2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bruno VERMEERSCH	Director23/09/2009 → 2016 accounts
Gertrude VERMEERSCH	Directoruntil 23/09/2009

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Other21/01/2014
BUITENGEWONE ALGEMENE VERGADERING - REGIME ARTIKEL 537 WIB
PDF
Capital / shares19/10/2009
UITDRUKKEN KAPITAAL IN EURO — KAPITAALVERHOGING -
PDF
Mandates29/09/2008
Benoeming bestuurders - gedelegeerd bestuurder
PDF
Mandates12/12/2003
ONTSLAGEN - BENOEMINGEN
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

Lode VERMEERSCH

Bruno VERMEERSCH

Monica DECONINCK

Gertrude VERMEERSCH

198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Decover

Stationsstraat 135, 8790 Waregem

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Stationsstraat 135, 8790 WaregemCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00233656

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
DecoverCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00233656

Events

2025
Annual accounts 202540 k €↓
2024
Annual accounts 2024118 k €↓
2023
Annual accounts 2023194 k €↓
2022
Annual accounts 2022287,6 k €↓
2021
Annual accounts 2021356 k €↑
2020
Annual accounts 2020152,5 k €↑
2019
Annual accounts 2019139,2 k €↓
2018
Annual accounts 2018147,2 k €↑
2017
Annual accounts 2017102,8 k €↓
2016
Annual accounts 2016141,3 k €↑
2015
Annual accounts 201581,9 k €↓
2014
Annual accounts 2014108,9 k €↓
2013
Annual accounts 2013118,8 k €↑
2012
Annual accounts 2012107,6 k €↓
2011
Annual accounts 2011156,5 k €↑
2010
Annual accounts 201073,1 k €↑
2009
Annual accounts 200932,5 k €↑
2008
Annual accounts 200810,4 k €↑
2007
Annual accounts 20075,5 k €↑
2006
Annual accounts 20061,8 k €
14/01/1982
IncorporationPublic limited company

Decover

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