ACTIVE

DEKORATIEF

Financial year 2025 · Closed on 31/12/2025

Net result80,2 k €-7,8 %over 1 year
Gross margin525,8 k €-5,9 %over 1 year
Equity1,7 M €-6,1 %over 1 year
Workforce5,6 ETP-12,5 %over 1 year

Identity

Source · BCE/KBO

DEKORATIEF is a Private limited company incorporated in 1987. Its main activity is: Wholesale of other household goods. Its registered office is in Waregem. It employs on average 5,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0431.965.546
Incorporation
17/09/1987
Legal form
Private limited company
Registered office
Windhoek 21
8790 Waregem · FlandreSee on map
Contributed capital
37 184,04 €
Latest accounts
31/12/2025
Average workforce
5,6 ETP
Joint committees (2)
  • 100
  • 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 21 financial years

20252024202320222021
Income statement
Gross margin525,8 k €558,8 k €701,3 k €532,4 k €767,5 k €
EBITDA233,5 k €234 k €442,9 k €251,8 k €527,8 k €
Operating result151,2 k €157,3 k €362,2 k €166,4 k €441 k €
Net result80,2 k €86,9 k €232,4 k €124,7 k €328,4 k €
Balance sheet
Equity1,7 M €1,8 M €1,8 M €1,7 M €1,6 M €
Total assets2,7 M €2,5 M €2,4 M €2,5 M €2,6 M €
Cash1,2 M €945,4 k €988,6 k €731,8 k €1,3 M €
Debts955 k €642,4 k €549,1 k €755,9 k €914,4 k €
Other
Workforce5,6 ETP6,4 ETP6,8 ETP5,9 ETP6,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriod
ANN VANDEZANDE
Managersince 13/02/2006
DANNY VERHELST
Manager

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/06/202603/06/202520/06/202406/06/202325/08/202225/06/2021
General meeting29/05/202630/05/202531/05/202426/05/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202616/06/2026DutchPDF
Abridged model31/12/202430/05/202503/06/2025DutchPDF
Abridged model31/12/202331/05/202420/06/2024DutchPDF
Abridged model31/12/202226/05/202306/06/2023DutchPDF
Abridged model31/12/202127/05/202225/08/2022DutchPDF
Abridged model31/12/202028/05/202125/06/2021DutchPDF
Abridged model31/12/201929/05/202021/08/2020DutchPDF
Abridged model31/12/201831/05/201903/07/2019DutchPDF
Abridged model31/12/201725/05/201802/07/2018DutchPDF
Abridged model31/12/201626/05/201731/08/2017DutchPDF
Abridged model31/12/201527/05/201631/08/2016DutchPDF
Abridged model31/12/201429/05/201518/02/2016DutchPDF
Abridged model31/12/201330/05/201430/09/2014DutchPDF
Abridged model31/12/201231/05/201330/08/2013DutchPDF
Abridged model31/12/201125/05/201220/12/2012DutchPDF
Abridged model31/12/201027/05/201126/08/2011DutchPDF
Abridged model31/12/200927/05/201026/08/2010DutchPDF
Abridged model31/12/200828/05/200928/08/2009DutchPDF
Abridged model31/12/200729/05/200829/08/2008DutchPDF
Abridged model31/12/200631/05/200730/08/2007DutchPDF
Abridged modelCorrection31/12/200530/04/200610/10/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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

2 active

Active mandates

DirectorMandates in this companyPeriod
ANN VANDEZANDE
Managersince 13/02/2006
DANNY VERHELST
Manager

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/08/2013
    VERPLAATSING VAN DE MAATSCHAPPELIJKE ZETEL.
    PDF
  • Mandates08/03/2006
    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
Filings21 filings
Mandates
DANNY VERHELST
ANN VANDEZANDE
1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
DEKORATIEF
Windhoek 21, 8790 Waregem
Manager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Windhoek 21, 8790 WaregemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00169982

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
DEKORATIEFCurrent
accounts 2005 → 2025
Accounts 2025 · 2026-00169982

Events

  1. 2025
    Annual accounts 202580,2 k €↓
  2. 2024
    Annual accounts 202486,9 k €↓
  3. 2023
    Annual accounts 2023232,4 k €↑
  4. 2022
    Annual accounts 2022124,7 k €↓
  5. 2021
    Annual accounts 2021328,4 k €↑
  6. 2020
    Annual accounts 2020181 k €↑
  7. 2019
    Annual accounts 2019108,9 k €↑
  8. 2018
    Annual accounts 201876,5 k €↑
  9. 2017
    Annual accounts 201748 k €↓
  10. 2016
    Annual accounts 2016126,5 k €↑
  11. 2015
    Annual accounts 201577,6 k €↓
  12. 2014
    Annual accounts 201480,8 k €↓
  13. 2013
    Annual accounts 2013253,7 k €↑
  14. 2012
    Annual accounts 201270,3 k €↓
  15. 2011
    Annual accounts 201182,8 k €↑
  16. 2010
    Annual accounts 201047,8 k €↓
  17. 2009
    Annual accounts 2009108,2 k €↑
  18. 2008
    Annual accounts 2008-10,8 k €↓
  19. 2007
    Annual accounts 200791,4 k €↑
  20. 2006
    Annual accounts 200629,6 k €↓
  21. 2005
    Annual accounts 200579,4 k €
  22. 17/09/1987
    IncorporationPrivate limited company