ACTIVE

D-Warehouse

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Financial year 2025 · closed on 31/12/2025

Net result

1,7 k €

-71.7% YoY

Gross margin

-3,9 k €

-47.1% YoY

Equity

680,9 k €

+0.2% YoY

What does D-Warehouse do?

D-Warehouse is a Public limited company incorporated in 1990. Its main activity is: Freight transport by road. Its registered office is in Menen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.768.781

Incorporation

12/10/1990

Legal form

Public limited company

Registered office

Lageweg 33
8930 Menen · FlandreSee on map

Contributed capital

99 120,00 €

Latest accounts

31/12/2025

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road

Joint committees (3)

140
14003
226

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	-3,9 k €	-47.1%	-2,7 k €	+21.6%	-3,4 k €	-102%	139,1 k €	-35.4%	215,5 k €	-85.5%	1,5 M €	+48.4%	1 M €	+12.4%	890,9 k €	-3.6%	924,4 k €	-4.9%	971,9 k €	+7.8%	901,4 k €	+21.7%	740,6 k €	-8.0%	804,7 k €	-16.4%	962,4 k €
EBITDA	-8,4 k €	-17.9%	-7,1 k €	+4.8%	-7,5 k €	-106%	132,1 k €	-24.5%	174,9 k €	-72.7%	641,9 k €	+139%	268 k €	+6.1%	252,6 k €	+43.6%	175,8 k €	-13.4%	203,2 k €	+37.6%	147,6 k €	-4.1%	153,9 k €	-4.5%	161,1 k €	-26.7%	219,6 k €
Operating result	-11 k €	-11.5%	-9,9 k €	+4.1%	-10,3 k €	-108%	128,5 k €	+364%	27,7 k €	-92.4%	362,4 k €	+1394%	24,3 k €	+2924%	-859 €	+95.9%	-21,1 k €	-638%	3,9 k €	-58.9%	9,6 k €	+1198%	-870 €	+93.2%	-12,7 k €	-165%	19,5 k €
Net result	1,7 k €	-71.7%	5,9 k €	+5.0%	5,6 k €	-93.9%	92,2 k €	+1285%	6,7 k €	-98.1%	351,1 k €	+572%	52,3 k €	+783%	5,9 k €	-63.8%	16,4 k €	+82.4%	9 k €	-7.5%	9,7 k €	+88.2%	5,2 k €	+240%	-3,7 k €	-116%	23,4 k €
Balance sheet
Equity	680,9 k €	+0.2%	679,3 k €	+0.9%	673,4 k €	+0.8%	667,8 k €	+18.0%	566,2 k €	+1.2%	559,5 k €	+41.5%	395,4 k €	+15.2%	343,2 k €	+1.8%	337,2 k €	+5.2%	320,4 k €	+3.4%	310 k €	-1.5%	314,8 k €	+1.7%	309,7 k €	-14.0%	360 k €
Total assets	685,1 k €	-1.6%	696,1 k €	-2.1%	711,2 k €	+0.9%	704,6 k €	-26.7%	961,5 k €	+14.6%	838,7 k €	-8.5%	916,3 k €	+3.7%	883,6 k €	-0.7%	889,6 k €	-9.5%	982,8 k €	+4.8%	937,9 k €	+31.1%	715,2 k €	-9.6%	790,8 k €	-12.5%	903,5 k €
Cash	11,2 k €	-28.4%	15,7 k €	-90.8%	170,4 k €	+1.4%	168,1 k €	-30.5%	241,8 k €	+120%	109,9 k €	+81.3%	60,6 k €	-47.3%	115,1 k €	+25.9%	91,5 k €	-14.7%	107,2 k €	+72.3%	62,2 k €	+115%	29 k €	-57.1%	67,6 k €	-55.3%	151,5 k €
Debts	4,2 k €	-75.3%	16,8 k €	-55.5%	37,8 k €	+2.9%	36,8 k €	-85.4%	251 k €	-10.1%	279,2 k €	-45.0%	507,2 k €	-4.2%	529,5 k €	+6.4%	497,8 k €	-17.4%	602,8 k €	+4.4%	577,6 k €	+54.8%	373,2 k €	-20.3%	468,6 k €	-10.3%	522,6 k €
Other
Workforce	–		–		–		–		–		8,2 ETP	-35.9%	12,8 ETP	0.0%	12,8 ETP	-3.0%	13,2 ETP	-2.9%	13,6 ETP	-5.6%	14,4 ETP	+16.1%	12,4 ETP	-13.3%	14,3 ETP	-17.3%	17,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 19 ended

Active mandates

DEMA Invest

Director · since 01 janvier 2025 · until 17 juin 2027 · 0700.189.154

Represented by Marieke Desmet

Active

The Veneer

Managing director · since 28 juin 2022 · until 17 juin 2027 · 0679.599.519

Represented by Pieterjan Desmet

Active

Lurinvest

Director · since 11 février 2022 · until 17 juin 2027 · 0688.692.278

Represented by Pieter Desmet

Active

Malexis

Director · since 11 février 2022 · until 17 juin 2027 · 0687.848.675

Represented by Silke Desmet

Active

Todecom

Director · since 11 février 2022 · until 17 juin 2027 · 0688.587.459

Represented by Tom Desmet

Active

Ended mandates

The Veneer

Director · since 11 février 2022 · until 27 juin 2022 · 0679.599.519

Represented by Pieterjan Desmet

Ended

Barbara CASIER

Director · since 16 avril 2018

Ended

Arlette VERSCHOORE

Director · since 01 juillet 2017

Ended

TRANSCOT

Managing director · since 01 juillet 2017 · 0666.593.205

Represented by Stefaan COTTYN

Ended

At this address

Other companies at this address

Company	CBE no.
DECOSPAN● Active	0889.710.328
decospan groep belgie● Active	0892.786.614
DECOSPAN HOLDING● Active	0418.850.156
D-ESTATE● Active	0828.631.408
D-Services● Active	1030.022.808
The Veneer● Active	0679.599.519

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	15 months	12 months	12 months
Filing date	14/07/2026	18/07/2025	11/07/2024	12/07/2023	18/01/2022	30/04/2021
General meeting	02/07/2026	09/07/2025	03/07/2024	27/06/2023	20/11/2021	18/12/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/07/2026	14/07/2026	Dutch	PDF
Abridged model	31/12/2024	09/07/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	03/07/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	27/06/2023	12/07/2023	Dutch	PDF
Micro model	30/09/2021	20/11/2021	18/01/2022	Dutch	PDF
Micro model	30/09/2020	18/12/2020	30/04/2021	Dutch	PDF
Micro model	30/09/2019	20/12/2019	15/05/2020	Dutch	PDF
Micro model	30/09/2018	31/03/2019	30/04/2019	Dutch	PDF
Abridged model	30/09/2017	20/03/2018	23/04/2018	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	27/05/2013	25/07/2013	Dutch	PDF
Abridged model	31/12/2011	28/05/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	11/06/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	12/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 5 active · 19 ended

Active mandates

DEMA Invest

Director · since 01 janvier 2025 · until 17 juin 2027 · 0700.189.154

Represented by Marieke Desmet

Active

The Veneer

Managing director · since 28 juin 2022 · until 17 juin 2027 · 0679.599.519

Represented by Pieterjan Desmet

Active

Lurinvest

Director · since 11 février 2022 · until 17 juin 2027 · 0688.692.278

Represented by Pieter Desmet

Active

Malexis

Director · since 11 février 2022 · until 17 juin 2027 · 0687.848.675

Represented by Silke Desmet

Active

Todecom

Director · since 11 février 2022 · until 17 juin 2027 · 0688.587.459

Represented by Tom Desmet

Active

Ended mandates

The Veneer

Director · since 11 février 2022 · until 27 juin 2022 · 0679.599.519

Represented by Pieterjan Desmet

Ended

Barbara CASIER

Director · since 16 avril 2018

Ended

Arlette VERSCHOORE

Director · since 01 juillet 2017

Ended

TRANSCOT

Managing director · since 01 juillet 2017 · 0666.593.205

Represented by Stefaan COTTYN

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring05/05/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates30/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/06/2022
BENAMING - MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates24/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/03/2018
ONTSLAGEN - BENOEMINGEN
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 20251,7 k €↓
2024
Annual accounts 20245,9 k €↑
2023
Annual accounts 20235,6 k €↓
2022
Annual accounts 202292,2 k €↑
2022
Name changeD-Warehouse
2018
Annual accounts 20186,7 k €↓
2017
Annual accounts 2017351,1 k €↑
2015
Annual accounts 201552,3 k €↑
2014
Annual accounts 20145,9 k €↓
2013
Annual accounts 201316,4 k €↑
2012
Annual accounts 20129 k €↓
2011
Annual accounts 20119,7 k €↑
2010
Annual accounts 20105,2 k €↑
2009
Annual accounts 2009-3,7 k €↓
2008
Annual accounts 200823,4 k €
2008
Name changeTRANSCOT LAUWE
12/10/1990
IncorporationPublic limited company

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

D-Warehouse

Overview

What does D-Warehouse do?

Trend over 14 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