ACTIVE

DECOSPAN

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Financial year 2025 · Closed on 31/12/2025

Net result1,1 M €-83,1 %over 1 year

Revenue164,1 M €+13,0 %over 1 year

Equity54,4 M €+2,1 %over 1 year

Workforce259,1 ETP+9,3 %over 1 year

Identity

Source · BCE/KBO

DECOSPAN is a Public limited company incorporated in 2007. Its main activity is: Manufacture of veneer sheets and wood-based panels. Its registered office is in Menen. It employs on average 259,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0889.710.328
Incorporation: 30/05/2007
Legal form: Public limited company
Registered office: Lageweg 33
8930 Menen · FlandreSee on map
Contributed capital: 237 190,67 €
Latest accounts: 31/12/2025
Average workforce: 259,1 ETP

Activities (NACE)

16210Manufacture of veneer sheets and wood-based panels· main 16210Manufacture of veneer sheets and wood-based panels 16281Manufacture of products of wood, cork, straw and plaiting materials 16291Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials 20200Manufacture of pesticides and other agrochemical products 20510Manufacture of explosives+3

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 8 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	164,1 M €	+13.0%	145,2 M €	+11.6%	130,1 M €	-9.3%	143,4 M €	+26.7%	113,2 M €
EBITDA	9 M €	-33.2%	13,5 M €	+20.2%	11,2 M €	+6.5%	10,5 M €	+0.5%	10,5 M €
Operating result	2,4 M €	-65.5%	7 M €	+29.9%	5,4 M €	+7.7%	5 M €	+0.3%	5 M €
Net result	1,1 M €	-83.1%	6,5 M €	+34.5%	4,8 M €	-7.0%	5,2 M €	+11.9%	4,6 M €
Balance sheet
Equity	54,4 M €	+2.1%	53,3 M €	+13.8%	46,8 M €	+10.8%	42,3 M €	+13.9%	37,1 M €
Total assets	106,1 M €	+13.1%	93,8 M €	-2.7%	96,4 M €	+5.0%	91,8 M €	+23.3%	74,5 M €
Cash	3,6 M €	+23.3%	2,9 M €	-51.9%	6,1 M €	-30.7%	8,8 M €	+95.6%	4,5 M €
Debts	50,5 M €	+29.6%	38,9 M €	-18.9%	48 M €	-1.6%	48,8 M €	+33.3%	36,6 M €
Other
Workforce	259,1 ETP	+9.3%	237,0 ETP	+1.3%	234,0 ETP	+6.8%	219,1 ETP	+17.6%	186,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DEMA Invest0700.189.154Represented by Marieke Desmet	Director27/06/2023 → 26/06/2029
Lurinvest0688.692.278Represented by Pieter Desmet	Director27/06/2018 → 26/06/2029
Malexis0687.848.675Represented by Silke Desmet	Director27/06/2018 → 26/06/2029
The Veneer0679.599.519Represented by Pieterjan Desmet	Managing director27/06/2018 → 26/06/2029
Todecom0688.587.459Represented by Tom Desmet	Director27/06/2018 → 26/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Depide0694.894.736Represented by Pieterjan Desmet	Director27/06/2018 → 2019 accounts
Tom Desmet	Director01/10/2014 → 2016 accounts

Other companies at this address

Lageweg 33 8930 Menen

Company	CBE no.
decospan groep belgie● Active	0892.786.614
DECOSPAN HOLDING● Active	0418.850.156
D-ESTATE● Active	0828.631.408
D-Services● Active	1030.022.808
D-Warehouse● Active	0441.768.781
The Veneer● Active	0679.599.519

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	14/07/2026	18/07/2025	11/07/2024	12/07/2023	15/07/2022	13/07/2021
General meeting	02/07/2026	19/06/2025	03/07/2024	27/06/2023	16/06/2022	17/06/2021
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 · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	02/07/2026	14/07/2026	Dutch	PDF
Full model	31/12/2024	19/06/2025	18/07/2025	Dutch	PDF
Full model	31/12/2023	03/07/2024	11/07/2024	Dutch	PDF
Full model	31/12/2022	27/06/2023	12/07/2023	Dutch	PDF
Full model	31/12/2021	16/06/2022	15/07/2022	Dutch	PDF
Full model	31/12/2020	17/06/2021	13/07/2021	Dutch	PDF
Full model	31/12/2019	22/06/2020	07/07/2020	Dutch	PDF
Full model	31/12/2018	24/06/2019	23/07/2019	Dutch	PDF
Full model	31/12/2017	27/06/2018	20/07/2018	Dutch	PDF
Full model	31/12/2016	21/06/2017	13/07/2017	Dutch	PDF
Full model	31/12/2015	08/06/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	17/06/2015	26/06/2015	Dutch	PDF
Full model	31/12/2013	25/06/2014	03/07/2014	Dutch	PDF
Full model	31/12/2012	03/07/2013	05/07/2013	Dutch	PDF
Full model	31/12/2011	04/07/2012	19/07/2012	Dutch	PDF
Full model	31/12/2010	08/06/2011	05/07/2011	Dutch	PDF
Full model	31/12/2009	02/06/2010	21/06/2010	Dutch	PDF
Full model	31/12/2008	03/06/2009	23/06/2009	Dutch	PDF
Full model	31/12/2007	02/07/2008	22/07/2008	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DEMA Invest0700.189.154Represented by Marieke Desmet	Director27/06/2023 → 26/06/2029
Lurinvest0688.692.278Represented by Pieter Desmet	Director27/06/2018 → 26/06/2029
Malexis0687.848.675Represented by Silke Desmet	Director27/06/2018 → 26/06/2029
The Veneer0679.599.519Represented by Pieterjan Desmet	Managing director27/06/2018 → 26/06/2029
Todecom0688.587.459Represented by Tom Desmet	Director27/06/2018 → 26/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Depide0694.894.736Represented by Pieterjan Desmet	Director27/06/2018 → 2019 accounts
Tom Desmet	Director01/10/2014 → 2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates14/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring10/08/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates20/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring21/05/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates13/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/07/2018
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings8 filings

Mandates

The Veneer

Malexis

Todecom

Lurinvest

DEMA Invest

Depide

Tom Desmet

DECOSPAN HOLDING

JALINVEST

LENTEROM

MAPIDE

Pieter Desmet

20072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

DECOSPAN

Lageweg 33, 8930 Menen

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Lageweg 33, 8930 MenenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00297270

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
DECOSPANCurrent	accounts 2007 → 2025	Accounts 2025 · 2026-00297270

Events

2025
Annual accounts 20251,1 M €↓
2024
Annual accounts 20246,5 M €↑
03/07/2024
reconductionNV CALLENS VANDELANOTTE · commissaris
2023
Annual accounts 20234,8 M €↓
29/06/2023
nominationBV DEMA Invest · bestuurder
27/06/2023
reconductionNV THE VENEER · bestuurder
27/06/2023
reconductionBV MALEXIS · bestuurder
27/06/2023
reconductionBV LURINVEST · bestuurder
27/06/2023
reconductionBV TODECOM · bestuurder
2022
Annual accounts 20225,2 M €↑
2021
Annual accounts 20214,6 M €↑
2020
Annual accounts 2020910,9 k €↓
2019
Annual accounts 20192,6 M €↓
2018
Annual accounts 20184,9 M €
30/05/2007
IncorporationPublic limited company

DECOSPAN

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events