DECO Subsea
0457.421.514 · rovalta.com · 25/09/2026
ACTIVE
DECO Subsea
Financial year 2025 · Closed on 31/12/2025
Net result-1,1 M €-223,7 %over 1 year
Revenue7,4 M €-30,1 %over 1 year
Equity3,5 M €-23,2 %over 1 year
Workforce6,9 ETP-4,2 %over 1 year
Overview
Identity
Source · BCE/KBODECO Subsea is a Public limited company incorporated in 1996. Its main activity is: Construction of water projects. Its registered office is in Brugge. It employs on average 6,9 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0457.421.514
- Incorporation
- 06/03/1996
- Legal form
- Public limited company
- Registered office
- Peraltastraat 5
8000 Brugge · FlandreSee on map - Contributed capital
- 786 931,25 €
- Latest accounts
- 31/12/2025
- Average workforce
- 6,9 ETP
Activities (NACE)
Joint committees (3)
- 124
- 200
- 218
Contacts
2 public details availableLog in to view
Signals
Solid equityLow riskGood liquidityHealthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 7,4 M € | -30.1% | 10,5 M € | -7.5% | 11,4 M € | +5.1% | 10,8 M € | +179% | 3,9 M € |
| EBITDA | -172,2 k € | -109% | 1,9 M € | +12.2% | 1,7 M € | +36.7% | 1,2 M € | +577% | -253,3 k € |
| Operating result | -1 M € | -212% | 920,9 k € | -1.3% | 933 k € | +50.7% | 619,1 k € | +212% | -551,9 k € |
| Net result | -1,1 M € | -224% | 851,3 k € | +4.9% | 811,2 k € | +49.2% | 543,5 k € | +266% | -327,4 k € |
| Balance sheet | |||||||||
| Equity | 3,5 M € | -23.2% | 4,5 M € | +18.2% | 3,8 M € | +20.8% | 3,2 M € | +14.1% | 2,8 M € |
| Total assets | 5,8 M € | -15.0% | 6,8 M € | -10.8% | 7,6 M € | +30.3% | 5,9 M € | +12.3% | 5,2 M € |
| Cash | 442,4 k € | -74.0% | 1,7 M € | +15.1% | 1,5 M € | +103% | 730,5 k € | -9.2% | 804,7 k € |
| Debts | 1,9 M € | -9.8% | 2,1 M € | -41.1% | 3,5 M € | +43.9% | 2,5 M € | +13.9% | 2,2 M € |
| Other | |||||||||
| Workforce | 6,9 ETP | -4.2% | 7,2 ETP | +9.1% | 6,6 ETP | +32.0% | 5,0 ETP | +22.0% | 4,1 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20253 active · 45 ended
Active mandates
Ended mandates
Other companies at this address
Peraltastraat 5 8000 Brugge| Company | CBE no. |
|---|---|
MARAQUA● Active | 0811.608.007 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 06/07/2026 | 11/06/2025 | 26/06/2024 | 27/06/2023 | 02/06/2022 | 25/05/2021 |
| General meeting | 02/05/2026 | 02/05/2025 | 02/05/2024 | 02/05/2023 | 02/05/2022 | 03/05/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 02/05/2026 | 06/07/2026 | Dutch | |
| Full model | 31/12/2024 | 02/05/2025 | 11/06/2025 | Dutch | |
| Full model | 31/12/2023 | 02/05/2024 | 26/06/2024 | Dutch | |
| Full model | 31/12/2022 | 02/05/2023 | 27/06/2023 | Dutch | |
| Full model | 31/12/2021 | 02/05/2022 | 02/06/2022 | Dutch | |
| Full model | 31/12/2020 | 03/05/2021 | 25/05/2021 | Dutch | |
| Abridged model | 31/12/2019 | 02/05/2020 | 09/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 02/05/2019 | 14/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 02/05/2018 | 04/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/08/2017 | 31/08/2017 | Dutch | |
| Full model | 31/12/2015 | 21/10/2016 | 07/11/2016 | Dutch | |
| Full model | 31/12/2014 | 22/06/2015 | 27/07/2015 | Dutch | |
| Full model | 31/12/2013 | 30/06/2014 | 22/07/2014 | Dutch | |
| Full model | 31/12/2012 | 03/05/2013 | 30/07/2013 | Dutch | |
| Full model | 31/12/2011 | 15/06/2012 | 11/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 30/06/2011 | 08/08/2011 | Dutch | |
| Full model | 31/12/2009 | 25/05/2010 | 25/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 01/09/2009 | 02/09/2009 | Dutch | |
| Abridged model | 31/12/2007 | 02/05/2008 | 25/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 08/08/2007 | 14/08/2007 | Dutch |
Valuation
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
Board of directors
Source · NBB, accounts to 31/12/20253 active · 45 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates14/09/2026Herbenoemingen
- Mandates03/08/2023ONTSLAGEN - BENOEMINGEN
- Mandates03/11/2020ONTSLAGEN - BENOEMINGEN
- Mandates01/10/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates26/06/2020ONTSLAGEN - BENOEMINGEN
- Mandates20/02/2020ONTSLAGEN - BENOEMINGEN
- Mandates10/09/2018ONTSLAGEN - BENOEMINGEN
- Mandates11/10/2017ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-1,1 M €↓
- 2024Annual accounts 2024851,3 k €↑
- 2023Annual accounts 2023811,2 k €↑
- 2022Annual accounts 2022543,5 k €↑
- 2021Annual accounts 2021-327,4 k €↓
- 2020Annual accounts 2020349,3 k €↑
- 2020Name changeDECO Subsea
- 2019Annual accounts 2019210,7 k €↑
- 2018Annual accounts 201874,3 k €↑
- 2017Annual accounts 2017-727,8 k €↓
- 2016Annual accounts 20161,1 M €↑
- 2015Annual accounts 2015390,4 k €↓
- 2014Annual accounts 2014562,3 k €↑
- 2013Annual accounts 2013287,6 k €↑
- 2012Annual accounts 201267,3 k €↓
- 2011Annual accounts 2011286 k €↓
- 2010Annual accounts 2010519,7 k €↑
- 2009Annual accounts 2009-737,5 k €↓
- 2008Annual accounts 20084,5 k €↓
- 2007Annual accounts 200711,9 k €↓
- 2006Annual accounts 200648,2 k €
- 2006Name changeDIVING ENGINEERING AND CONSULTANCY OFFICE
- 06/03/1996IncorporationPublic limited company