ACTIVE

VLEESGROOTHANDEL DECORTE

Financial year 2025 · closed on 31/12/2025
Net result
342,3 k €
+63.1% YoY
Gross margin
959,7 k €
+36.4% YoY
Equity
458,7 k €
+72.2% YoY
Workforce
6,7 ETP
-1.5% YoY

What does VLEESGROOTHANDEL DECORTE do?

VLEESGROOTHANDEL DECORTE is a Public limited company incorporated in 2002. Its registered office is in Ichtegem. It employs on average 6,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0479.101.905
Incorporation
20/12/2002
Legal form
Public limited company
Registered office
Fabriekweg(EER) 11
8480 Ichtegem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
6,7 ETP
Joint committees (7)
  • 119
  • 1190
  • 11900
  • 200
  • 2000
  • 20000
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin959,7 k €703,7 k €485,8 k €335,3 k €529 k €514,2 k €462,7 k €299,4 k €121,4 k €113,6 k €131,2 k €132,3 k €133,3 k €128,8 k €173,9 k €191,2 k €113 k €138,9 k €
EBITDA594,2 k €423,3 k €305,8 k €203,8 k €418 k €228,6 k €74,6 k €145,2 k €47,1 k €31,4 k €62,1 k €41,5 k €41,6 k €21,9 k €58,2 k €83,4 k €38,5 k €49,5 k €
Operating result472,8 k €299,6 k €196,1 k €180,3 k €378,7 k €107,3 k €-49,1 k €22,1 k €24,3 k €24,4 k €57,6 k €17,4 k €18,4 k €-6,2 k €20,2 k €38,5 k €3,7 k €4,3 k €
Net result342,3 k €209,8 k €135,3 k €166,9 k €274,5 k €92,8 k €-51,6 k €8,6 k €22,4 k €27,2 k €57,2 k €-113,2 k €12,3 k €-11,1 k €10 k €27,3 k €2,5 k €2,1 k €
Balance sheet
Equity458,7 k €266,3 k €506,5 k €816,2 k €649,3 k €153,3 k €66,5 k €118,1 k €109,6 k €87,2 k €60 k €2,8 k €116 k €103,6 k €114,7 k €104,7 k €77,4 k €74,9 k €
Total assets1,6 M €1,7 M €2 M €1,8 M €903,4 k €752,3 k €934,3 k €828,6 k €1 M €377,1 k €353,2 k €281,3 k €400,5 k €298,1 k €371,4 k €443,9 k €518,6 k €600,8 k €
Cash288,7 k €417,9 k €170,3 k €217,9 k €480,1 k €13,9 k €39,6 k €15 k €115 k €22,2 k €32,4 k €3,5 k €6 k €10,9 k €36 k €34,8 k €11,1 k €109,8 k €
Debts1,1 M €1,4 M €1,4 M €947 k €254,1 k €598,9 k €867,8 k €710,5 k €919,5 k €271,4 k €274,8 k €259,6 k €269,7 k €141,6 k €224,6 k €321,8 k €435,9 k €520,7 k €
Other
Workforce6,7 ETP6,8 ETP5,5 ETP3,9 ETP5,4 ETP9,4 ETP12,0 ETP6,5 ETP3,0 ETP2,5 ETP2,4 ETP2,7 ETP3,0 ETP3,0 ETP3,1 ETP3,1 ETP2,1 ETP2,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

Valerie Jonckheere

Director · since 01 janvier 2023 · until 07 juin 2031

Active
VLEESWAREN DECORTE

Managing director · since 01 janvier 2023 · until 07 juin 2031 · 0845.989.161

Represented by Cederik Decorte

Active

Ended mandates

Valerie Jonckheere

Managing director · since 01 janvier 2023 · until 03 juin 2028

Ended
VLEESWAREN DECORTE

Managing director · since 01 janvier 2023 · until 03 juin 2028 · 0845.989.161

Represented by Cederik Decorte

Ended
Cederik Decorte

Director · since 01 octobre 2021 · until 30 septembre 2027

Ended
Cedric Decorte

Director · since 01 octobre 2021 · until 30 septembre 2027

Ended
At this address

Other companies at this address

CompanyCBE no.
0845.989.161
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 date08/06/202607/07/202510/06/202425/08/202327/10/202224/11/2021
General meeting30/05/202607/06/202501/06/202431/07/202327/10/202222/11/2021
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 model31/12/202530/05/202608/06/2026DutchPDF
Abridged model31/12/202407/06/202507/07/2025DutchPDF
Abridged model31/12/202301/06/202410/06/2024DutchPDF
Abridged model31/12/202231/07/202325/08/2023DutchPDF
Abridged model31/12/202127/10/202227/10/2022DutchPDF
Abridged model31/12/202022/11/202124/11/2021DutchPDF
Abridged model31/12/201920/11/202020/11/2020DutchPDF
Abridged model31/12/201812/10/201916/10/2019DutchPDF
Abridged model31/12/201725/09/201825/09/2018DutchPDF
Abridged model31/12/201615/09/201715/09/2017DutchPDF
Abridged model31/12/201507/07/201622/08/2016DutchPDF
Abridged model31/12/201428/08/201531/08/2015DutchPDF
Abridged model31/12/201327/08/201427/08/2014DutchPDF
Abridged model31/12/201221/08/201322/08/2013DutchPDF
Abridged model31/12/201103/04/201213/04/2012DutchPDF
Abridged model31/12/201023/02/201125/02/2011DutchPDF
Abridged model31/12/200924/08/201027/08/2010DutchPDF
Abridged model31/12/200806/05/200918/05/2009DutchPDF
Abridged model31/12/200720/08/200825/08/2008DutchPDF
Abridged model31/12/200625/09/200727/09/2007DutchPDF
Estimate

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.

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 · 15 ended

Active mandates

Valerie Jonckheere

Director · since 01 janvier 2023 · until 07 juin 2031

Active
VLEESWAREN DECORTE

Managing director · since 01 janvier 2023 · until 07 juin 2031 · 0845.989.161

Represented by Cederik Decorte

Active

Ended mandates

Valerie Jonckheere

Managing director · since 01 janvier 2023 · until 03 juin 2028

Ended
VLEESWAREN DECORTE

Managing director · since 01 janvier 2023 · until 03 juin 2028 · 0845.989.161

Represented by Cederik Decorte

Ended
Cederik Decorte

Director · since 01 octobre 2021 · until 30 septembre 2027

Ended
Cedric Decorte

Director · since 01 octobre 2021 · until 30 septembre 2027

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/04/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/03/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2003
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/12/2002
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

Timeline

  1. 2025
    Annual accounts 2025342,3 k €
  2. 2024
    Annual accounts 2024209,8 k €
  3. 2023
    Annual accounts 2023135,3 k €
  4. 2022
    Annual accounts 2022166,9 k €
  5. 2022
    Name changeVleesgroothandel Decorte
  6. 2021
    Annual accounts 2021274,5 k €
  7. 2021
    Name changeDecorte Vleesgroothandel
  8. 2018
    Annual accounts 201892,8 k €
  9. 2017
    Annual accounts 2017-51,6 k €
  10. 2016
    Annual accounts 20168,6 k €
  11. 2015
    Annual accounts 201522,4 k €
  12. 2014
    Annual accounts 201427,2 k €
  13. 2013
    Annual accounts 201357,2 k €
  14. 2012
    Annual accounts 2012-113,2 k €
  15. 2011
    Annual accounts 201112,3 k €
  16. 2010
    Annual accounts 2010-11,1 k €
  17. 2009
    Annual accounts 200910 k €
  18. 2008
    Annual accounts 200827,3 k €
  19. 2007
    Annual accounts 20072,5 k €
  20. 2006
    Annual accounts 20062,1 k €
  21. 20/12/2002
    IncorporationPublic limited company