ACTIVE

DECOLINE

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Financial year 2025 · closed on 31/12/2025

Net result

344,6 k €

+1335.8% YoY

Gross margin

3,1 M €

+7.3% YoY

Equity

2,2 M €

+18.9% YoY

Workforce

39,1 ETP

-8.6% YoY

What does DECOLINE do?

DECOLINE is a Private limited company incorporated in 1999. Its main activity is: Manufacture of made-up textile articles, except apparel. Its registered office is in Pelt. It employs on average 39,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.573.760

Incorporation

19/07/1999

Legal form

Private limited company

Registered office

Lieven Gevaertlaan 10
3900 Pelt · FlandreSee on map

Contributed capital

1 508 085,36 €

Latest accounts

31/12/2025

Average workforce

39,1 ETP

Activities (NACE)

13921Manufacture of made-up textile articles, except apparel· main 13921Manufacture of made-up textile articles, except apparel 17401Manufacture of paper and paper products 46733Wholesale of wood, construction materials and sanitary equipment 46833Wholesale trade, except of motor vehicles and motorcycles 16281Manufacture of products of wood, cork, straw and plaiting materials+12

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	3,1 M €	+7.3%	2,9 M €	+1.6%	2,8 M €	-6.2%	3 M €	+1.3%	3 M €	+21.9%	2,4 M €	-7.2%	2,6 M €	+7.8%	2,4 M €	-15.5%	2,9 M €		–		–		3,2 M €	+148%	1,3 M €	-5.5%	1,4 M €	-11.8%	1,5 M €	+340%	349,8 k €	+42.5%	245,4 k €	-39.0%	402,5 k €	+160%	154,8 k €
EBITDA	602,1 k €	+113%	283,3 k €	+35.5%	209,1 k €	-66.8%	629,5 k €	-18.2%	769,7 k €	-6.6%	824,5 k €	-14.5%	964,2 k €	+26.0%	765,3 k €	-28.2%	1,1 M €	+13.5%	939,7 k €	+39.9%	671,9 k €	-28.7%	941,9 k €	+1263%	69,1 k €	-69.4%	225,7 k €	-46.1%	418,9 k €	+884%	42,6 k €	+33.6%	31,9 k €	-78.5%	148,1 k €	+656%	-26,6 k €
Operating result	451,3 k €	+1066%	38,7 k €	-45.5%	71 k €	-83.2%	423,8 k €	-35.7%	659,4 k €	-8.1%	717,8 k €	-15.0%	844,9 k €	+28.1%	659,3 k €	-33.5%	991 k €	+66.6%	594,7 k €	+18.9%	500 k €	-33.3%	749,1 k €	+1625%	-49,1 k €	-139%	127,6 k €	-56.1%	290,9 k €	+1044%	25,4 k €	+125%	11,3 k €	-90.0%	112,3 k €	+303%	-55,2 k €
Net result	344,6 k €	+1336%	-27,9 k €	-170%	39,9 k €	-86.1%	288,1 k €	-44.4%	518,5 k €	-5.8%	550,2 k €	-11.2%	619,4 k €	+39.1%	445,2 k €	-30.8%	643,2 k €	+72.1%	373,6 k €	+27.6%	292,8 k €	-38.1%	472,7 k €	+21715%	2,2 k €	-98.7%	170,5 k €	-24.4%	225,5 k €	+1424%	14,8 k €	+392%	3 k €	-96.6%	88,8 k €	+248%	-59,9 k €
Balance sheet
Equity	2,2 M €	+18.9%	1,8 M €	-1.5%	1,9 M €	+2.2%	1,8 M €	+18.9%	1,5 M €	+1.2%	1,5 M €	-0.3%	1,5 M €	-48.9%	3 M €	+17.7%	2,5 M €	+34.3%	1,9 M €	-20.3%	2,4 M €	+14.2%	2,1 M €	+63.3%	1,3 M €	-38.8%	2,1 M €	+1025%	182,9 k €	+41.3%	129,4 k €	+12.9%	114,6 k €	+2.7%	111,6 k €	+388%	22,9 k €
Total assets	4,5 M €	-7.6%	4,8 M €	+2.7%	4,7 M €	-3.3%	4,9 M €	+2.3%	4,8 M €	-41.4%	8,1 M €	+91.2%	4,2 M €	+18.2%	3,6 M €	-9.0%	3,9 M €	+7.4%	3,7 M €	+1.1%	3,6 M €	-11.8%	4,1 M €	+48.1%	2,8 M €	+0.7%	2,8 M €	-9.6%	3,1 M €	+616%	427 k €	+12.3%	380,3 k €	+4.5%	364 k €	+20.9%	301,1 k €
Cash	286,5 k €	-36.0%	447,9 k €	+438%	83,3 k €	-38.9%	136,2 k €	+33.5%	102,1 k €	-78.4%	472,4 k €	-70.5%	1,6 M €	+58.0%	1 M €	-18.5%	1,2 M €	+52.8%	815,2 k €	+188%	282,6 k €	-13.0%	324,9 k €	+1617%	18,9 k €	-90.4%	196,1 k €	+216%	62,1 k €	+85.1%	33,6 k €	-40.7%	56,6 k €	+118%	25,9 k €	-18.6%	31,8 k €
Debts	2,2 M €	-18.7%	2,7 M €	-1.2%	2,7 M €	-6.3%	2,9 M €	-8.5%	3,1 M €	-52.0%	6,5 M €	+145%	2,7 M €	+396%	537,5 k €	-59.3%	1,3 M €	-21.7%	1,7 M €	+35.2%	1,2 M €	-38.8%	2 M €	+35.2%	1,5 M €	+117%	697,2 k €	-75.7%	2,9 M €	+866%	297,5 k €	+12.1%	265,5 k €	+5.2%	252,3 k €	-9.3%	278,2 k €
Other
Workforce	39,1 ETP	-8.6%	42,8 ETP	-4.0%	44,6 ETP	+1.1%	44,1 ETP	+10.3%	40,0 ETP	+14.6%	34,9 ETP	+4.5%	33,4 ETP	-4.6%	35,0 ETP	-4.9%	36,8 ETP	-9.1%	40,5 ETP	-1.2%	41,0 ETP	-19.3%	50,8 ETP	+36.9%	37,1 ETP	+4.5%	35,5 ETP	-1.7%	36,1 ETP	+247%	10,4 ETP	+10.6%	9,4 ETP	-8.7%	10,3 ETP	+18.4%	8,7 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 · 2 active · 27 ended

Active mandates

Decolux Invest

Mandate · 1031.226.497

Represented by Daniëlle Smitsmans

Active

VertoMan

Mandate · 0534.464.258

Represented by Tom Vermeulen

Active

Ended mandates

Decoline Invest

Director · since 28 septembre 2020 · 0739.577.884

Represented by MAARTEN BYNENS

Ended

Decoline Invest

Director · since 19 mai 2020 · 0739.577.884

Represented by MAARTEN BYNENS

Ended

MELOUMAR

Director · since 19 mai 2020 · 0744.453.026

Represented by MARC WAGEMANS

Ended

MELOUMAR

Director · since 12 mars 2020 · 0744.453.026

Represented by MARC WAGEMANS

Ended

At this address

Other companies at this address

Company	CBE no.
DECO GROUP● Active	0437.379.037

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	18/06/2026	25/06/2025	25/06/2024	05/07/2023	29/06/2022	30/06/2021
General meeting	11/06/2026	11/06/2025	03/06/2024	08/06/2023	06/06/2022	14/05/2021
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	11/06/2026	18/06/2026	Dutch	PDF
Abridged model	31/12/2024	11/06/2025	25/06/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	25/06/2024	Dutch	PDF
Abridged model	31/12/2022	08/06/2023	05/07/2023	Dutch	PDF
Abridged model	31/12/2021	06/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	14/05/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	01/06/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	24/06/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	29/06/2018	Dutch	PDF
Full model	31/12/2016	16/06/2017	30/06/2017	Dutch	PDF
Full model	31/12/2015	06/06/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	11/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	10/07/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	25/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	18/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	30/07/2007	Dutch	PDF

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 · 2 active · 27 ended

Active mandates

Decolux Invest

Mandate · 1031.226.497

Represented by Daniëlle Smitsmans

Active

VertoMan

Mandate · 0534.464.258

Represented by Tom Vermeulen

Active

Ended mandates

Decoline Invest

Director · since 28 septembre 2020 · 0739.577.884

Represented by MAARTEN BYNENS

Ended

Decoline Invest

Director · since 19 mai 2020 · 0739.577.884

Represented by MAARTEN BYNENS

Ended

MELOUMAR

Director · since 19 mai 2020 · 0744.453.026

Represented by MARC WAGEMANS

Ended

MELOUMAR

Director · since 12 mars 2020 · 0744.453.026

Represented by MARC WAGEMANS

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other28/05/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN
PDF
Mandates10/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring17/01/2014
BENAMING - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring30/10/2013
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 2025344,6 k €↑
2024
Annual accounts 2024-27,9 k €↓
2023
Annual accounts 202339,9 k €↓
2022
Annual accounts 2022288,1 k €↓
2021
Annual accounts 2021518,5 k €↓
2020
Annual accounts 2020550,2 k €↓
2019
Annual accounts 2019619,4 k €↑
2018
Annual accounts 2018445,2 k €↓
2017
Annual accounts 2017643,2 k €↑
2016
Annual accounts 2016373,6 k €↑
2015
Annual accounts 2015292,8 k €↓
2014
Annual accounts 2014472,7 k €↑
2014
Name changeDecoline BV
2012
Annual accounts 20122,2 k €↓
2011
Annual accounts 2011170,5 k €↓
2010
Annual accounts 2010225,5 k €↑
2009
Annual accounts 200914,8 k €↑
2009
Name changePRODECO
2008
Annual accounts 20083 k €↓
2007
Annual accounts 200788,8 k €↑
2006
Annual accounts 2006-59,9 k €
2006
Name changeDECOSYS
19/07/1999
IncorporationPrivate 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

DECOLINE

Overview

What does DECOLINE do?

Trend over 19 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