ACTIVE

DECOFORM

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Financial year 2025 · closed on 30/09/2025

Net result

73,2 k €

+61623.5% YoY

Gross margin

159,7 k €

+147.3% YoY

Equity

602,4 k €

+13.8% YoY

What does DECOFORM do?

DECOFORM is a Public limited company incorporated in 1992. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Mechelen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.534.433

Incorporation

30/10/1992

Legal form

Public limited company

Registered office

Hombeeksesteenweg 271
2800 Mechelen · FlandreSee on map

Contributed capital

391 994,02 €

Latest accounts

30/09/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate 68204Rental and operating of own or leased real estate 68204Rental and operating of own or leased real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	159,7 k €	+147%	64,6 k €	-0.3%	64,8 k €	-4.5%	67,8 k €	+0.1%	67,8 k €	+19.1%	56,9 k €	-27.4%	78,3 k €	+38.8%	56,4 k €	-23.0%	73,3 k €	-18.1%	89,5 k €	+28.0%	69,9 k €	-11.8%	79,3 k €	-3.8%	82,4 k €	+18.4%	69,6 k €	-0.1%	69,7 k €	-25.6%	93,7 k €	+393%	19 k €	+5.9%	17,9 k €	+4.4%	17,2 k €	-11.5%	19,4 k €
EBITDA	132,7 k €	+217%	41,8 k €	-2.1%	42,7 k €	-12.2%	48,7 k €	+0.5%	48,4 k €	+27.3%	38 k €	-37.2%	60,6 k €	+50.4%	40,3 k €	-30.9%	58,2 k €	-3.0%	60,1 k €	+9.8%	54,7 k €	+7.9%	50,7 k €	-25.6%	68,1 k €	-0.8%	68,7 k €	-0.2%	68,8 k €	-23.3%	89,7 k €	+398%	18 k €	+6.0%	17 k €	+4.6%	16,2 k €	-13.7%	18,8 k €
Operating result	112,2 k €	+428%	21,2 k €	+10.1%	19,3 k €	-23.6%	25,2 k €	+1.0%	25 k €	+74.1%	14,4 k €	-60.6%	36,4 k €	+92.0%	19 k €	-48.7%	37 k €	-5.8%	39,3 k €	+15.1%	34,1 k €	+13.3%	30,1 k €	-36.7%	47,6 k €	-1.2%	48,1 k €	-0.2%	48,3 k €	+57.6%	30,6 k €	+110%	14,6 k €	+12.8%	12,9 k €	+20.1%	10,8 k €	-19.3%	13,4 k €
Net result	73,2 k €	+61624%	-118,9 €	+91.9%	-1,5 k €	-124%	6,2 k €	-8.2%	6,7 k €	+128%	-23,7 k €	-482%	-4,1 k €	-149%	8,2 k €	-61.9%	21,6 k €	+1.5%	21,3 k €	+3.6%	20,5 k €	+27.4%	16,1 k €	-72.3%	58,2 k €	+21.6%	47,9 k €	+243%	14 k €	+141%	-34,3 k €	-39.8%	-24,5 k €	-956%	2,9 k €	+55.9%	1,8 k €	-60.9%	4,7 k €
Balance sheet
Equity	602,4 k €	+13.8%	529,3 k €	-0.0%	529,4 k €	-0.3%	530,9 k €	+1.2%	524,7 k €	+1.3%	518 k €	-4.4%	541,7 k €	-1.0%	547,4 k €	+1.5%	539,1 k €	+4.2%	517,6 k €	+4.3%	496,3 k €	+4.3%	475,8 k €	+3.5%	459,7 k €	+14.5%	401,5 k €	+11.7%	359,4 k €	+4.0%	345,5 k €	+1742%	18,8 k €	-56.7%	43,3 k €	+7.1%	40,4 k €	+4.8%	38,6 k €
Total assets	1,1 M €	+9.0%	1 M €	-3.9%	1,1 M €	-0.4%	1,1 M €	-1.8%	1,1 M €	-2.3%	1,1 M €	-3.9%	1,1 M €	-9.1%	1,3 M €	-3.6%	1,3 M €	-8.2%	1,4 M €	-3.8%	1,5 M €	-6.5%	1,6 M €	-6.5%	1,7 M €	-1.6%	1,7 M €	-3.9%	1,8 M €	-4.4%	1,9 M €	+110%	892,2 k €	+540%	139,4 k €	+0.8%	138,2 k €	-7.2%	149 k €
Cash	395,4 k €	+57.3%	251,5 k €	-9.7%	278,6 k €	+3.7%	268,7 k €	+109%	128,5 k €	+136%	54,4 k €	+29.2%	42,1 k €	-38.9%	68,9 k €	+239%	20,4 k €	-37.9%	32,8 k €	+88.7%	17,4 k €	-52.4%	36,5 k €	-44.3%	65,5 k €	+346%	14,7 k €	+51.0%	9,7 k €	-50.3%	19,5 k €	+480%	3,4 k €	-59.4%	8,3 k €	+168%	3,1 k €	-63.2%	8,4 k €
Debts	500,1 k €	+3.5%	483 k €	-7.8%	523,9 k €	-0.5%	526,4 k €	-4.6%	551,7 k €	-5.4%	583,5 k €	-3.5%	604,8 k €	-15.3%	714,3 k €	-7.2%	769,8 k €	-14.5%	899,9 k €	-7.6%	973,6 k €	-11.9%	1,1 M €	-10.6%	1,2 M €	-6.4%	1,3 M €	-7.8%	1,4 M €	-6.3%	1,5 M €	+75.0%	873,5 k €	+809%	96,1 k €	-1.7%	97,8 k €	-11.4%	110,4 k €

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 30/09/2025 · 4 active · 15 ended

Active mandates

Ellen Veef

Director · since 08 août 2024

Active

Guy Veef

Director · since 08 août 2024

Active

Jens Veef

Director · since 08 août 2024

Active

Luc Veef

Director · since 08 août 2024

Active

Ended mandates

Andrea De Coeyer

Managing director · since 18 mars 2016

Ended

Guy Veef

Director · since 18 mars 2016

Ended

Luc Veef

Director · since 18 mars 2016

Ended

Victor Veef

Managing director · since 18 mars 2016

Ended

At this address

Other companies at this address

Company	CBE no.
DE COEYER GEBR.● Active	0400.833.692

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/04/2026	26/03/2025	27/03/2024	23/03/2023	29/04/2022	23/04/2021
General meeting	05/04/2026	18/03/2025	18/03/2024	18/03/2023	18/03/2022	18/03/2021
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
Micro model	30/09/2025	05/04/2026	07/04/2026	Dutch	PDF
Micro model	30/09/2024	18/03/2025	26/03/2025	Dutch	PDF
Micro model	30/09/2023	18/03/2024	27/03/2024	Dutch	PDF
Micro model	30/09/2022	18/03/2023	23/03/2023	Dutch	PDF
Micro model	30/09/2021	18/03/2022	29/04/2022	Dutch	PDF
Micro model	30/09/2020	18/03/2021	23/04/2021	Dutch	PDF
Micro model	30/09/2019	19/03/2020	26/03/2020	Dutch	PDF
Micro model	30/09/2018	18/03/2019	28/03/2019	Dutch	PDF
Micro model	30/09/2017	18/03/2018	05/04/2018	Dutch	PDF
Abridged model	30/09/2016	18/03/2017	21/03/2017	Dutch	PDF
Abridged model	30/09/2015	18/03/2016	11/04/2016	Dutch	PDF
Abridged model	30/09/2014	18/03/2015	20/04/2015	Dutch	PDF
Abridged model	30/09/2013	18/03/2014	28/04/2014	Dutch	PDF
Abridged model	30/09/2012	18/03/2013	26/04/2013	Dutch	PDF
Abridged model	30/09/2011	18/03/2012	18/04/2012	Dutch	PDF
Abridged model	30/09/2010	18/03/2011	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	18/03/2010	29/04/2010	Dutch	PDF
Abridged model	30/09/2008	18/03/2009	30/04/2009	Dutch	PDF
Abridged model	30/09/2007	18/03/2008	30/04/2008	Dutch	PDF
Abridged model	30/09/2006	18/03/2007	16/04/2007	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 30/09/2025 · 4 active · 15 ended

Active mandates

Ellen Veef

Director · since 08 août 2024

Active

Guy Veef

Director · since 08 août 2024

Active

Jens Veef

Director · since 08 août 2024

Active

Luc Veef

Director · since 08 août 2024

Active

Ended mandates

Andrea De Coeyer

Managing director · since 18 mars 2016

Ended

Guy Veef

Director · since 18 mars 2016

Ended

Luc Veef

Director · since 18 mars 2016

Ended

Victor Veef

Managing director · since 18 mars 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/01/2021
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/12/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/04/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/06/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/05/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2010
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/06/2007
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 202573,2 k €↑
2024
Annual accounts 2024-118,9 €↑
2023
Annual accounts 2023-1,5 k €↓
2022
Annual accounts 20226,2 k €↓
2021
Annual accounts 20216,7 k €↑
2020
Annual accounts 2020-23,7 k €↓
2019
Annual accounts 2019-4,1 k €↓
2018
Annual accounts 20188,2 k €↓
2017
Annual accounts 201721,6 k €↑
2016
Annual accounts 201621,3 k €↑
2015
Annual accounts 201520,5 k €↑
2014
Annual accounts 201416,1 k €↓
2013
Annual accounts 201358,2 k €↑
2012
Annual accounts 201247,9 k €↑
2011
Annual accounts 201114 k €↑
2010
Annual accounts 2010-34,3 k €↓
2009
Annual accounts 2009-24,5 k €↓
2008
Annual accounts 20082,9 k €↑
2007
Annual accounts 20071,8 k €↓
2006
Annual accounts 20064,7 k €
30/10/1992
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

DECOFORM

Overview

What does DECOFORM do?

Trend over 20 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