ACTIVE

DECO

Financial year 2025 · closed on 31/12/2025
Net result
198,2 k €
+84.0% YoY
Gross margin
406,4 k €
+22.9% YoY
Equity
444,8 k €
+0.3% YoY
Workforce
1,7 ETP
-15.0% YoY

What does DECO do?

DECO is a Public limited company incorporated in 1994. Its main activity is: Collection of non-hazardous waste. Its registered office is in Brugge. It employs on average 1,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0453.218.444
Incorporation
23/08/1994
Legal form
Public limited company
Registered office
Zandstraat 450
8200 Brugge · FlandreSee on map
Contributed capital
63 000,00 €
Latest accounts
31/12/2025
Average workforce
1,7 ETP
Joint committees (4)
  • 121
  • 140
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin406,4 k €330,6 k €350,1 k €357,1 k €640,8 k €581,8 k €545,5 k €554,3 k €581,1 k €643,9 k €629,1 k €601,2 k €733,3 k €722,5 k €746,9 k €797,6 k €857,6 k €778,9 k €
EBITDA282,3 k €170,9 k €195,2 k €194 k €167,4 k €108,1 k €70,6 k €142,4 k €173,1 k €218,5 k €204,3 k €180,8 k €323,6 k €290,9 k €276 k €257,4 k €277,5 k €253,6 k €
Operating result230,4 k €118,2 k €142,5 k €147,2 k €148,5 k €108,1 k €70,6 k €142,4 k €173,1 k €218,5 k €204,3 k €180,8 k €323,6 k €280,1 k €252,9 k €234,2 k €254,3 k €230,5 k €
Net result198,2 k €107,7 k €120,7 k €111,9 k €110,6 k €108,2 k €79,1 k €136,2 k €169,9 k €205,1 k €215,7 k €225,1 k €320,2 k €281,5 k €274,6 k €272,6 k €269,2 k €278,4 k €
Balance sheet
Equity444,8 k €443,6 k €442,6 k €442,4 k €330,5 k €3,2 M €3,2 M €3,2 M €3,2 M €3,2 M €3,2 M €3,2 M €4,3 M €4 M €3,7 M €3,5 M €3,2 M €2,9 M €
Total assets748,5 k €800,4 k €709,5 k €637,3 k €758,5 k €3,4 M €3,4 M €3,4 M €3,5 M €3,5 M €3,5 M €3,3 M €4,4 M €4,1 M €3,8 M €3,6 M €3,3 M €3 M €
Cash436,5 k €136,8 k €332,8 k €209,2 k €452,2 k €599,7 k €653,1 k €839,2 k €892,5 k €788,9 k €524,9 k €303,1 k €1,6 M €1,3 M €1,1 M €202,7 k €298,3 k €86,8 k €
Debts303,7 k €355,2 k €266,5 k €194,9 k €427,9 k €219,9 k €216 k €224,6 k €248,8 k €313,4 k €311 k €126,7 k €90,9 k €98,5 k €74,3 k €94,9 k €97,7 k €59,9 k €
Other
Workforce1,7 ETP2,0 ETP2,0 ETP2,0 ETP10,0 ETP10,0 ETP10,1 ETP10,0 ETP9,3 ETP9,7 ETP10,0 ETP10,0 ETP9,8 ETP10,8 ETP12,3 ETP14,1 ETP16,4 ETP16,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

Nirodek

Director · since 01 mars 2024 · 0741.724.356

Represented by Dekeyser Niels

Active
Kadek

Director · since 21 septembre 2023 · 0741.830.462

Represented by Dekeyser Karel

Active
Machtig

Director · since 21 septembre 2023 · 0741.822.742

Represented by Dekeyser Wouter

Active

Ended mandates

Nirodek

Director · since 01 mars 2024 · until 01 mars 2030 · 0741.724.356

Represented by Niels Dekeyser

Ended
Nirodek

Director · since 01 mars 2024 · 0741.724.356

Represented by Niels Dekeyser

Ended
Kadek

Director · since 21 septembre 2023 · 0741.830.462

Represented by Dekeyser KAREL

Ended
Machtig

Director · since 21 septembre 2023 · 0741.822.742

Represented by Dekeyser WOUTER

Ended
At this address

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IMMODEKActive
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WEST-RECYCLAGEActive
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Annual accounts

Full financial information

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 date09/06/202631/07/202527/06/202407/06/202302/06/202203/06/2021
General meeting03/06/202630/06/202505/06/202407/06/202301/06/202202/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202503/06/202609/06/2026DutchPDF
Abridged model31/12/202430/06/202531/07/2025DutchPDF
Abridged model31/12/202305/06/202427/06/2024DutchPDF
Abridged model31/12/202207/06/202307/06/2023DutchPDF
Abridged model31/12/202101/06/202202/06/2022DutchPDF
Abridged model31/12/202002/06/202103/06/2021DutchPDF
Abridged model31/12/201903/06/202009/06/2020DutchPDF
Abridged model31/12/201805/06/201906/06/2019DutchPDF
Abridged model31/12/201706/06/201826/06/2018DutchPDF
Abridged model31/12/201607/06/201713/06/2017DutchPDF
Abridged model31/12/201501/06/201602/06/2016DutchPDF
Abridged model31/12/201403/06/201525/06/2015DutchPDF
Abridged model31/12/201304/06/201409/06/2014DutchPDF
Abridged model31/12/201205/06/201326/06/2013DutchPDF
Abridged model31/12/201106/06/201208/06/2012DutchPDF
Abridged model31/12/201001/06/201106/06/2011DutchPDF
Abridged model31/12/200902/06/201004/06/2010DutchPDF
Abridged model31/12/200803/06/200904/06/2009DutchPDF
Abridged model31/12/200704/06/200806/06/2008DutchPDF
Abridged model31/12/200606/06/200711/06/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

Nirodek

Director · since 01 mars 2024 · 0741.724.356

Represented by Dekeyser Niels

Active
Kadek

Director · since 21 septembre 2023 · 0741.830.462

Represented by Dekeyser Karel

Active
Machtig

Director · since 21 septembre 2023 · 0741.822.742

Represented by Dekeyser Wouter

Active

Ended mandates

Nirodek

Director · since 01 mars 2024 · until 01 mars 2030 · 0741.724.356

Represented by Niels Dekeyser

Ended
Nirodek

Director · since 01 mars 2024 · 0741.724.356

Represented by Niels Dekeyser

Ended
Kadek

Director · since 21 septembre 2023 · 0741.830.462

Represented by Dekeyser KAREL

Ended
Machtig

Director · since 21 septembre 2023 · 0741.822.742

Represented by Dekeyser WOUTER

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/06/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/06/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares31/03/2004
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2025
    Annual accounts 2025198,2 k €
  2. 2024
    Annual accounts 2024107,7 k €
  3. 2023
    Annual accounts 2023120,7 k €
  4. 2022
    Annual accounts 2022111,9 k €
  5. 2021
    Annual accounts 2021110,6 k €
  6. 2018
    Annual accounts 2018108,2 k €
  7. 2017
    Annual accounts 201779,1 k €
  8. 2016
    Annual accounts 2016136,2 k €
  9. 2015
    Annual accounts 2015169,9 k €
  10. 2014
    Annual accounts 2014205,1 k €
  11. 2013
    Annual accounts 2013215,7 k €
  12. 2012
    Annual accounts 2012225,1 k €
  13. 2011
    Annual accounts 2011320,2 k €
  14. 2010
    Annual accounts 2010281,5 k €
  15. 2009
    Annual accounts 2009274,6 k €
  16. 2008
    Annual accounts 2008272,6 k €
  17. 2007
    Annual accounts 2007269,2 k €
  18. 2006
    Annual accounts 2006278,4 k €
  19. 23/08/1994
    IncorporationPublic limited company