ACTIVE

DECOSPAN

Financial year 2025 · closed on 31/12/2025
Net result
1,1 M €
-83.1% YoY
Revenue
164,1 M €
+13.0% YoY
Equity
54,4 M €
+2.1% YoY
Workforce
259,1 ETP
+9.3% YoY

What does DECOSPAN do?

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
Joint committees (2)
  • 126
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Revenue164,1 M €145,2 M €130,1 M €143,4 M €113,2 M €79,9 M €80,3 M €78 M €
EBITDA9 M €13,5 M €11,2 M €10,5 M €10,5 M €8,1 M €8,2 M €9,1 M €
Operating result2,4 M €7 M €5,4 M €5 M €5 M €1,1 M €2,1 M €6,5 M €
Net result1,1 M €6,5 M €4,8 M €5,2 M €4,6 M €910,9 k €2,6 M €4,9 M €
Balance sheet
Equity54,4 M €53,3 M €46,8 M €42,3 M €37,1 M €46,3 M €45,3 M €42,7 M €
Total assets106,1 M €93,8 M €96,4 M €91,8 M €74,5 M €76,7 M €79,4 M €78,9 M €
Cash3,6 M €2,9 M €6,1 M €8,8 M €4,5 M €6,8 M €7,7 M €17,3 M €
Debts50,5 M €38,9 M €48 M €48,8 M €36,6 M €29,2 M €32,7 M €34,7 M €
Other
Workforce259,1 ETP237,0 ETP234,0 ETP219,1 ETP186,3 ETP169,3 ETP160,1 ETP149,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 45 ended

Active mandates

DEMA Invest

Director · since 27 juin 2023 · until 21 juin 2029 · 0700.189.154

Represented by Marieke Desmet

Active
Lurinvest

Director · since 27 juin 2023 · until 21 juin 2029 · 0688.692.278

Represented by Pieter Desmet

Active
Malexis

Director · since 27 juin 2023 · until 21 juin 2029 · 0687.848.675

Represented by Silke Desmet

Active
The Veneer

Managing director · since 27 juin 2023 · until 21 juin 2029 · 0679.599.519

Represented by Pieterjan Desmet

Active
Todecom

Director · since 27 juin 2023 · until 21 juin 2029 · 0688.587.459

Represented by Tom Desmet

Active

Ended mandates

DEMA Invest

Director · since 27 juin 2023 · until 26 juin 2029 · 0700.189.154

Represented by Marieke Desmet

Ended
Lurinvest

Director · since 27 juin 2023 · until 26 juin 2029 · 0688.692.278

Represented by Pieter Desmet

Ended
Malexis

Director · since 27 juin 2023 · until 26 juin 2029 · 0687.848.675

Represented by Silke Desmet

Ended
The Veneer

Managing director · since 27 juin 2023 · until 26 juin 2029 · 0679.599.519

Represented by Pieterjan Desmet

Ended
At this address

Other companies at this address

CompanyCBE no.
0892.786.614
0418.850.156
D-ESTATEActive
0828.631.408
D-ServicesActive
1030.022.808
D-WarehouseActive
0441.768.781
The VeneerActive
0679.599.519
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date14/07/202618/07/202511/07/202412/07/202315/07/202213/07/2021
General meeting02/07/202619/06/202503/07/202427/06/202316/06/202217/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202502/07/202614/07/2026DutchPDF
Full model31/12/202419/06/202518/07/2025DutchPDF
Full model31/12/202303/07/202411/07/2024DutchPDF
Full model31/12/202227/06/202312/07/2023DutchPDF
Full model31/12/202116/06/202215/07/2022DutchPDF
Full model31/12/202017/06/202113/07/2021DutchPDF
Full model31/12/201922/06/202007/07/2020DutchPDF
Full model31/12/201824/06/201923/07/2019DutchPDF
Full model31/12/201727/06/201820/07/2018DutchPDF
Full model31/12/201621/06/201713/07/2017DutchPDF
Full model31/12/201508/06/201628/06/2016DutchPDF
Full model31/12/201417/06/201526/06/2015DutchPDF
Full model31/12/201325/06/201403/07/2014DutchPDF
Full model31/12/201203/07/201305/07/2013DutchPDF
Full model31/12/201104/07/201219/07/2012DutchPDF
Full model31/12/201008/06/201105/07/2011DutchPDF
Full model31/12/200902/06/201021/06/2010DutchPDF
Full model31/12/200803/06/200923/06/2009DutchPDF
Full model31/12/200702/07/200822/07/2008DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 45 ended

Active mandates

DEMA Invest

Director · since 27 juin 2023 · until 21 juin 2029 · 0700.189.154

Represented by Marieke Desmet

Active
Lurinvest

Director · since 27 juin 2023 · until 21 juin 2029 · 0688.692.278

Represented by Pieter Desmet

Active
Malexis

Director · since 27 juin 2023 · until 21 juin 2029 · 0687.848.675

Represented by Silke Desmet

Active
The Veneer

Managing director · since 27 juin 2023 · until 21 juin 2029 · 0679.599.519

Represented by Pieterjan Desmet

Active
Todecom

Director · since 27 juin 2023 · until 21 juin 2029 · 0688.587.459

Represented by Tom Desmet

Active

Ended mandates

DEMA Invest

Director · since 27 juin 2023 · until 26 juin 2029 · 0700.189.154

Represented by Marieke Desmet

Ended
Lurinvest

Director · since 27 juin 2023 · until 26 juin 2029 · 0688.692.278

Represented by Pieter Desmet

Ended
Malexis

Director · since 27 juin 2023 · until 26 juin 2029 · 0687.848.675

Represented by Silke Desmet

Ended
The Veneer

Managing director · since 27 juin 2023 · until 26 juin 2029 · 0679.599.519

Represented by Pieterjan Desmet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

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 20251,1 M €
  2. 2024
    Annual accounts 20246,5 M €
  3. 03/07/2024
    reconductionNV CALLENS VANDELANOTTE — commissaris
  4. 2023
    Annual accounts 20234,8 M €
  5. 29/06/2023
    nominationBV DEMA Invest — bestuurder
  6. 27/06/2023
    reconductionNV THE VENEER — bestuurder
  7. 27/06/2023
    reconductionBV MALEXIS — bestuurder
  8. 27/06/2023
    reconductionBV LURINVEST — bestuurder
  9. 27/06/2023
    reconductionBV TODECOM — bestuurder
  10. 2022
    Annual accounts 20225,2 M €
  11. 2021
    Annual accounts 20214,6 M €
  12. 2020
    Annual accounts 2020910,9 k €
  13. 2019
    Annual accounts 20192,6 M €
  14. 2018
    Annual accounts 20184,9 M €
  15. 30/05/2007
    IncorporationPublic limited company