DECOVAN
0441.108.983 · rovalta.com · 21/09/2026
ACTIVE
DECOVAN
Financial year 2025 · closed on 31/03/2025
Net result
126,7 k €
+99.5% YoY
Gross margin
2 M €
+14.8% YoY
Equity
1,3 M €
+10.8% YoY
Workforce
16,4 ETP
+7.2% YoY
Overview
What does DECOVAN do?
DECOVAN is a Private limited company incorporated in 1990. Its registered office is in Kortemark. It employs on average 16,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0441.108.983
Incorporation
14/06/1990
Legal form
Private limited company
Registered office
Edewallestraat 70
8610 Kortemark · FlandreSee on map
8610 Kortemark · FlandreSee on map
Contributed capital
31 000,00 €
Latest accounts
31/03/2025
Average workforce
16,4 ETP
Joint committees (2)
- 140
- 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 2 M € | +14.8% | 1,8 M € | -1.8% | 1,8 M € | +81.2% | 1 M € | -28.6% | 1,4 M € | +12.4% | 1,2 M € | -23.8% | 1,6 M € | -0.6% | 1,6 M € | +2.6% | 1,6 M € | +6.0% | 1,5 M € | +3.4% | 1,5 M € | +6.7% | 1,4 M € | +18.5% | 1,2 M € | -9.0% | 1,3 M € | +31.8% | 965,9 k € | +13.9% | 847,7 k € | +30.1% | 651,7 k € | +16.4% | 560 k € |
| EBITDA | 640,6 k € | +31.9% | 485,8 k € | -18.2% | 594,2 k € | +450% | -169,7 k € | -143% | 397,6 k € | +2.1% | 389,5 k € | -35.7% | 605,7 k € | +3.0% | 588 k € | +10.4% | 532,8 k € | +0.5% | 530 k € | +4.6% | 506,8 k € | -27.2% | 695,8 k € | +21.2% | 574,1 k € | +22.0% | 470,6 k € | +18.2% | 398,2 k € | +6.7% | 373,2 k € | +46.7% | 254,3 k € | +7.9% | 235,7 k € |
| Operating result | 161,2 k € | +79.0% | 90,1 k € | -61.6% | 234,5 k € | +144% | -527,1 k € | -1676% | 33,4 k € | -59.3% | 82,1 k € | -54.7% | 181,2 k € | +71.1% | 105,9 k € | +246% | 30,6 k € | -62.5% | 81,6 k € | +281% | 21,4 k € | -92.9% | 301,4 k € | +104% | 147,9 k € | +113% | 69,4 k € | +56.2% | 44,5 k € | -46.4% | 83 k € | +132% | 35,8 k € | +11.0% | 32,2 k € |
| Net result | 126,7 k € | +99.5% | 63,5 k € | -71.1% | 219,5 k € | +140% | -555,6 k € | -1138% | 53,5 k € | -33.0% | 79,9 k € | -65.3% | 230 k € | +62.2% | 141,8 k € | +1193% | 11 k € | -86.3% | 80 k € | +47.0% | 54,4 k € | -72.0% | 194 k € | +43.8% | 135 k € | +95.2% | 69,2 k € | +18.8% | 58,2 k € | +13.5% | 51,3 k € | +92.8% | 26,6 k € | -53.6% | 57,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 1,3 M € | +10.8% | 1,2 M € | +5.7% | 1,1 M € | +24.8% | 886,6 k € | -38.5% | 1,4 M € | +3.9% | 1,4 M € | +6.1% | 1,3 M € | +21.3% | 1,1 M € | +15.1% | 937,1 k € | +1.2% | 926,1 k € | +9.4% | 846,1 k € | +6.9% | 791,7 k € | +32.5% | 597,7 k € | +21.3% | 492,7 k € | +16.3% | 423,6 k € | +15.9% | 365,3 k € | +16.3% | 314,1 k € | +9.3% | 287,5 k € |
| Total assets | 2,9 M € | +24.8% | 2,3 M € | +6.4% | 2,2 M € | -4.0% | 2,3 M € | -11.0% | 2,6 M € | -6.6% | 2,8 M € | +1.2% | 2,7 M € | +14.1% | 2,4 M € | +5.7% | 2,3 M € | +14.3% | 2 M € | -9.3% | 2,2 M € | +5.9% | 2,1 M € | +19.6% | 1,7 M € | +4.1% | 1,7 M € | +32.4% | 1,3 M € | +15.8% | 1,1 M € | +1.9% | 1,1 M € | +16.1% | 912,9 k € |
| Cash | 606,6 k € | +62.6% | 373 k € | +7.5% | 347,2 k € | +45.1% | 239,2 k € | +4.2% | 229,6 k € | -34.3% | 349,6 k € | -29.6% | 496,6 k € | +142% | 205,1 k € | -22.7% | 265,3 k € | -16.1% | 316,1 k € | -39.7% | 524,5 k € | -5.2% | 553,3 k € | +30.8% | 423 k € | – | 208,3 k € | +141% | 86,5 k € | +88.9% | 45,8 k € | -2.0% | 46,7 k € | ||
| Debts | 1,6 M € | +39.2% | 1,2 M € | +6.6% | 1,1 M € | -22.1% | 1,4 M € | +28.7% | 1,1 M € | -17.8% | 1,3 M € | -3.6% | 1,4 M € | +19.7% | 1,1 M € | -1.2% | 1,2 M € | +31.1% | 885,3 k € | -24.3% | 1,2 M € | +5.8% | 1,1 M € | +21.1% | 912,4 k € | -2.9% | 939,7 k € | +20.9% | 777,1 k € | +12.7% | 689,5 k € | -2.0% | 703,8 k € | +14.8% | 612,9 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 16,4 ETP | +7.2% | 15,3 ETP | +4.1% | 14,7 ETP | -12.0% | 16,7 ETP | +24.6% | 13,4 ETP | -1.5% | 13,6 ETP | -12.8% | 15,6 ETP | +4.7% | 14,9 ETP | 0.0% | 14,9 ETP | 0.0% | 14,9 ETP | +5.7% | 14,1 ETP | +22.6% | 11,5 ETP | +18.6% | 9,7 ETP | -10.2% | 10,8 ETP | +12.5% | 9,6 ETP | +9.1% | 8,8 ETP | +18.9% | 7,4 ETP | +10.4% | 6,7 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2025 · 2 active · 2 ended
Active mandates
Chris Vandamme
ActiveNancy Vandemoortel
ActiveEnded mandates
Chris Vandamme
EndedNancy Vandemoortel
EndedFinancials
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 | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 01/10/2025 | 21/10/2024 | 12/10/2023 | 27/10/2022 | 27/09/2021 | 30/09/2020 |
| General meeting | 27/09/2025 | 28/09/2024 | 30/09/2023 | 24/09/2022 | 25/09/2021 | 26/09/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/03/2025 | 27/09/2025 | 01/10/2025 | Dutch | |
| Abridged model | 31/03/2024 | 28/09/2024 | 21/10/2024 | Dutch | |
| Abridged model | 31/03/2023 | 30/09/2023 | 12/10/2023 | Dutch | |
| Abridged model | 31/03/2022 | 24/09/2022 | 27/10/2022 | Dutch | |
| Abridged model | 31/03/2021 | 25/09/2021 | 27/09/2021 | Dutch | |
| Abridged model | 31/03/2020 | 26/09/2020 | 30/09/2020 | Dutch | |
| Abridged model | 31/03/2019 | 28/09/2019 | 30/09/2019 | Dutch | |
| Abridged model | 31/03/2018 | 29/09/2018 | 01/10/2018 | Dutch | |
| Abridged model | 31/03/2017 | 30/09/2017 | 02/10/2017 | Dutch | |
| Abridged model | 31/03/2016 | 24/09/2016 | 26/09/2016 | Dutch | |
| Abridged model | 31/03/2015 | 26/09/2015 | 29/10/2015 | Dutch | |
| Abridged model | 31/03/2014 | 27/09/2014 | 27/10/2014 | Dutch | |
| Abridged model | 31/03/2013 | 28/09/2013 | 09/12/2013 | Dutch | |
| Abridged model | 31/03/2012 | 29/09/2012 | 29/11/2012 | Dutch | |
| Abridged model | 31/03/2011 | 19/11/2011 | 30/11/2011 | Dutch | |
| Abridged model | 31/03/2010 | 25/09/2010 | 30/10/2010 | Dutch | |
| Abridged model | 31/03/2009 | 26/09/2009 | 09/12/2009 | Dutch | |
| Abridged model | 31/03/2008 | 27/12/2008 | 11/05/2009 | Dutch | |
| Abridged model | 31/03/2007 | 29/12/2007 | 09/04/2008 | Dutch | |
| Abridged model | 31/03/2006 | 23/09/2006 | 05/10/2007 | Dutch |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/03/2025 · 2 active · 2 ended
Active mandates
Chris Vandamme
ActiveNancy Vandemoortel
ActiveEnded mandates
Chris Vandamme
EndedNancy Vandemoortel
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025126,7 k €↑
- 2024Annual accounts 202463,5 k €↓
- 2023Annual accounts 2023219,5 k €↑
- 2022Annual accounts 2022-555,6 k €↓
- 2021Annual accounts 202153,5 k €↓
- 2020Annual accounts 202079,9 k €↓
- 2019Annual accounts 2019230 k €↑
- 2018Annual accounts 2018141,8 k €↑
- 2017Annual accounts 201711 k €↓
- 2016Annual accounts 201680 k €↑
- 2015Annual accounts 201554,4 k €↓
- 2014Annual accounts 2014194 k €↑
- 2013Annual accounts 2013135 k €↑
- 2012Annual accounts 201269,2 k €↑
- 2011Annual accounts 201158,2 k €↑
- 2010Annual accounts 201051,3 k €↑
- 2009Annual accounts 200926,6 k €↓
- 2008Annual accounts 200857,4 k €
- 14/06/1990IncorporationPrivate limited company