ACTIVE

DERCA

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Financial year 2025 · closed on 31/12/2025

Net result

25,8 k €

-4.0% YoY

Gross margin

163 k €

-2.3% YoY

Equity

771,4 k €

+3.5% YoY

What does DERCA do?

DERCA is a Public limited company incorporated in 1996. Its registered office is in Zuienkerke.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.676.772

Incorporation

21/08/1996

Legal form

Public limited company

Registered office

Nieuwe Steenweg 140
8377 Zuienkerke · FlandreSee on map

Contributed capital

121 250,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	163 k €	-2.3%	166,9 k €	+4.5%	159,7 k €	+13.6%	140,7 k €	-5.0%	148 k €	+8.3%	136,6 k €	-2.8%	140,6 k €	+441%	26 k €	-55.0%	57,8 k €	+12.7%	51,3 k €	+46.4%	35 k €	+4.9%	33,4 k €	-37.1%	53 k €	-11.2%	59,8 k €	-0.3%	60 k €	+8.3%	55,3 k €
EBITDA	144,7 k €	-3.0%	149,2 k €	+5.0%	142,1 k €	+14.1%	124,5 k €	-6.2%	132,7 k €	+6.1%	125,1 k €	-2.5%	128,3 k €	+559%	19,5 k €	-60.9%	49,8 k €	+8.1%	46 k €	+60.9%	28,6 k €	+5.2%	27,2 k €	-42.2%	47 k €	-12.4%	53,7 k €	-1.9%	54,7 k €	+9.2%	50,1 k €
Operating result	84,4 k €	-5.0%	88,8 k €	+8.7%	81,7 k €	+27.5%	64,1 k €	+27.2%	50,4 k €	+74.6%	28,9 k €	-12.8%	33,1 k €	+194%	-35,2 k €	-219%	29,5 k €	+14.5%	25,8 k €	+219%	-21,6 k €	-263%	13,3 k €	-59.9%	33,1 k €	-16.7%	39,8 k €	-2.5%	40,8 k €	+12.8%	36,2 k €
Net result	25,8 k €	-4.0%	26,9 k €	+2.0%	26,3 k €	+13.3%	23,2 k €	+21.2%	19,2 k €	+2.3%	18,7 k €	-10.2%	20,9 k €	+158%	-36,3 k €	-215%	31,4 k €	+22.4%	25,7 k €	-93.0%	368,9 k €	+2685%	13,2 k €	-59.9%	33 k €	-16.8%	39,7 k €	-2.9%	40,9 k €	+13.1%	36,1 k €
Balance sheet
Equity	771,4 k €	+3.5%	745,6 k €	+3.7%	718,7 k €	+3.8%	692,4 k €	+3.5%	669,1 k €	+22.3%	547 k €	+3.5%	528,2 k €	+4.1%	507,3 k €	-6.7%	543,6 k €	+6.1%	512,2 k €	+5.3%	486,5 k €	-37.3%	775,6 k €	+1.7%	762,3 k €	+4.5%	729,3 k €	+5.8%	689,6 k €	+6.3%	648,8 k €
Total assets	2 M €	-2.9%	2 M €	-8.4%	2,2 M €	-0.2%	2,2 M €	-1.9%	2,3 M €	-8.6%	2,5 M €	-2.8%	2,5 M €	-2.1%	2,6 M €	+138%	1,1 M €	-4.5%	1,1 M €	-46.9%	2,2 M €	+132%	928,4 k €	-2.1%	947,9 k €	-3.5%	982,8 k €	-2.0%	1 M €	+2.0%	982,9 k €
Cash	71,5 k €	+8.3%	66 k €	-14.8%	77,5 k €	+62.2%	47,8 k €	+97.1%	24,3 k €	-52.4%	50,9 k €	-3.9%	53 k €	+39.5%	38 k €	+163%	14,4 k €	-68.6%	46 k €	+205%	15,1 k €	+171%	5,6 k €	-50.1%	11,1 k €	+24.8%	8,9 k €	-76.7%	38,4 k €	+750%	4,5 k €
Debts	1,1 M €	-6.4%	1,2 M €	-15.6%	1,4 M €	-2.1%	1,4 M €	-4.1%	1,5 M €	-16.0%	1,7 M €	-4.4%	1,8 M €	-2.8%	1,9 M €	+439%	349 k €	-19.7%	434,8 k €	-70.4%	1,5 M €	+862%	152,8 k €	-17.6%	185,6 k €	-26.8%	253,5 k €	-19.1%	313,2 k €	-6.3%	334,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 28 ended

Active mandates

Nathalie Verhelst

Managing director

Active

Stefan Pittery

Director

Active

Ended mandates

Nathalie Verhelst

Managing director · since 18 mai 2021 · until 18 mai 2027

Ended

Stefan Pittery

Director · since 18 mai 2021 · until 18 mai 2027

Ended

Nathalie Verhelst

Managing director · since 30 juin 2016 · until 18 mai 2021

Ended

Verhelst Nathalie

Managing director · since 30 juin 2016

Ended

At this address

Other companies at this address

Company	CBE no.
EURIMPRO● Active	0479.025.095
PITTERY-VERHELST● Active	0454.566.051
PITTERY ZUIENKERKE● Active	0442.901.208

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	01/01/2025	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	29/06/2026	30/06/2025	22/04/2024	15/03/2023	19/04/2022	18/05/2021
General meeting	27/06/2026	28/06/2025	29/03/2024	15/03/2023	31/03/2022	18/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	28/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	29/03/2024	22/04/2024	Dutch	PDF
Abridged model	31/12/2022	15/03/2023	15/03/2023	Dutch	PDF
Abridged model	31/12/2021	31/03/2022	19/04/2022	Dutch	PDF
Abridged model	31/12/2020	18/05/2021	18/05/2021	Dutch	PDF
Abridged model	31/12/2019	19/05/2020	20/05/2020	Dutch	PDF
Abridged model	31/12/2018	21/05/2019	17/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/05/2018	22/05/2018	Dutch	PDF
Abridged model	31/12/2016	16/05/2017	15/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	18/07/2016	Dutch	PDF
Abridged model	31/12/2014	19/05/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	20/05/2014	31/10/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	05/06/2013	Dutch	PDF
Abridged model	31/12/2011	15/05/2012	21/06/2012	Dutch	PDF
Abridged model	31/12/2010	17/05/2011	18/08/2011	Dutch	PDF
Abridged model	31/12/2009	18/05/2010	16/06/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	20/02/2008	25/02/2008	Dutch	PDF
Abridged model	31/12/2006	15/05/2007	23/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 2 active · 28 ended

Active mandates

Nathalie Verhelst

Managing director

Active

Stefan Pittery

Director

Active

Ended mandates

Nathalie Verhelst

Managing director · since 18 mai 2021 · until 18 mai 2027

Ended

Stefan Pittery

Director · since 18 mai 2021 · until 18 mai 2027

Ended

Nathalie Verhelst

Managing director · since 30 juin 2016 · until 18 mai 2021

Ended

Verhelst Nathalie

Managing director · since 30 juin 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares13/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
PDF
Mandates11/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/12/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates01/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/10/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/10/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares18/06/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/06/2013
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 202525,8 k €↓
2024
Annual accounts 202426,9 k €↑
2023
Annual accounts 202326,3 k €↑
2022
Annual accounts 202223,2 k €↑
2021
Annual accounts 202119,2 k €↑
2018
Annual accounts 201818,7 k €↓
2017
Annual accounts 201720,9 k €↑
2016
Annual accounts 2016-36,3 k €↓
2015
Annual accounts 201531,4 k €↑
2014
Annual accounts 201425,7 k €↓
2013
Annual accounts 2013368,9 k €↑
2012
Annual accounts 201213,2 k €↓
2011
Annual accounts 201133 k €↓
2010
Annual accounts 201039,7 k €↓
2009
Annual accounts 200940,9 k €↑
2008
Annual accounts 200836,1 k €
21/08/1996
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

DERCA

Overview

What does DERCA do?

Trend over 16 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