ACTIVE

DECORECY

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Financial year 2025 · Closed on 31/12/2025

Net result703,4 k €+1 161,1 %over 1 year
Gross margin226,8 k €+49,7 %over 1 year
Equity2 M €+53,2 %over 1 year

Identity

Source · BCE/KBO

DECORECY is a Public limited company incorporated in 2007. Its registered office is in Dison.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0891.059.915
Incorporation
25/07/2007
Legal form
Public limited company
Registered office
Chemin de Xhénorie 11
4821 Dison · WallonieSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 18 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin226,8 k €151,5 k €863,2 k €610,9 k €664 k €
EBITDA177,1 k €131,7 k €840,4 k €593,5 k €647,8 k €
Operating result83,4 k €38,2 k €742,1 k €278,3 k €387,1 k €
Net result703,4 k €-66,3 k €560,2 k €129,3 k €213,1 k €
Balance sheet
Equity2 M €1,3 M €1,4 M €828,4 k €699,2 k €
Total assets4,2 M €4,3 M €5,6 M €8,9 M €9,3 M €
Cash898,1 k €30,1 k €6,9 k €12,3 k €61,2 k €
Debts2,2 M €2,9 M €4,1 M €8 M €8,5 M €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 16 ended

Active mandates

ARDENNE RAILS

Administrateur · since 13 octobre 2021 · until 13 octobre 2027 · 0460.122.765

Represented by Eddy JOENEN

Active
GEHLEN MANAGEMENT

Administrateur · since 13 octobre 2021 · until 13 octobre 2027 · 0899.433.290

Represented by Roger GEHLEN

Active

Ended mandates

ARDENNE RAILS

Director · since 13 octobre 2021 · until 13 octobre 2027 · 0460.122.765

Represented by Eddy JOENEN

Ended
GEHLEN MANAGEMENT

Director · since 13 octobre 2021 · until 13 octobre 2027 · 0899.433.290

Represented by Roger GEHLEN

Ended
ARDENNE RAILS

Director · since 07 juin 2019 · until 06 juin 2025 · 0460.122.765

Represented by Eddy JOENEN

Ended
GEHLEN MANAGEMENT

Mandate · since 07 juin 2019 · until 06 juin 2025 · 0899.433.290

Represented by Roger GEHLEN

Ended

Other companies at this address

Chemin de Xhénorie 11 4821 Dison
CompanyCBE no.
ARDENNE RAILS● Active
0460.122.765
BARCHON TRAILER SERVICES● Active
1035.028.404
CORELIA INVEST● Active
0862.140.255
PIPE CONSULT● Active
0693.737.268
SM ROGER GEHLEN SA - ARDENNES RAILS SA● Active
1041.509.982
SUSTAINABLE RAILWAY● Active
1010.907.076

Full financial information

Source · NBB
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 date30/06/202609/07/202525/06/202414/06/202330/06/202223/06/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202630/06/2026FrenchPDF
Abridged model31/12/202406/06/202509/07/2025FrenchPDF
Abridged model31/12/202307/06/202425/06/2024FrenchPDF
Abridged model31/12/202202/06/202314/06/2023FrenchPDF
Abridged model31/12/202103/06/202230/06/2022FrenchPDF
Abridged model31/12/202004/06/202123/06/2021FrenchPDF
Abridged model31/12/201905/06/202030/06/2020FrenchPDF
Abridged model31/12/201807/06/201921/06/2019FrenchPDF
Abridged model31/12/201701/06/201829/06/2018FrenchPDF
Abridged model31/12/201602/06/201723/06/2017FrenchPDF
Abridged model31/12/201503/06/201628/06/2016FrenchPDF
Abridged model31/12/201405/06/201522/06/2015FrenchPDF
Abridged model31/12/201306/06/201426/06/2014FrenchPDF
Abridged model31/12/201207/06/201312/06/2013FrenchPDF
Abridged model31/12/201101/06/201204/06/2012FrenchPDF
Abridged model31/12/201003/06/201120/06/2011FrenchPDF
Abridged model31/12/200904/06/201004/06/2010FrenchPDF
Abridged model31/12/200805/06/200908/06/2009FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 16 ended

Active mandates

ARDENNE RAILS

Administrateur · since 13 octobre 2021 · until 13 octobre 2027 · 0460.122.765

Represented by Eddy JOENEN

Active
GEHLEN MANAGEMENT

Administrateur · since 13 octobre 2021 · until 13 octobre 2027 · 0899.433.290

Represented by Roger GEHLEN

Active

Ended mandates

ARDENNE RAILS

Director · since 13 octobre 2021 · until 13 octobre 2027 · 0460.122.765

Represented by Eddy JOENEN

Ended
GEHLEN MANAGEMENT

Director · since 13 octobre 2021 · until 13 octobre 2027 · 0899.433.290

Represented by Roger GEHLEN

Ended
ARDENNE RAILS

Director · since 07 juin 2019 · until 06 juin 2025 · 0460.122.765

Represented by Eddy JOENEN

Ended
GEHLEN MANAGEMENT

Mandate · since 07 juin 2019 · until 06 juin 2025 · 0899.433.290

Represented by Roger GEHLEN

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/10/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/07/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office09/05/2018
    SIEGE SOCIAL
    PDF
  • Mandates24/07/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office27/02/2015
    SIEGE SOCIAL
    PDF
  • Mandates14/06/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/08/2009
    DEMISSIONS, NOMINATIONS
    PDF
  • Other02/08/2007
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 2025703,4 k €↑
  2. 2024
    Annual accounts 2024-66,3 k €↓
  3. 2023
    Annual accounts 2023560,2 k €↑
  4. 2022
    Annual accounts 2022129,3 k €↓
  5. 2021
    Annual accounts 2021213,1 k €↑
  6. 2020
    Annual accounts 202055,2 k €↓
  7. 2019
    Annual accounts 201969,7 k €↑
  8. 2018
    Annual accounts 201814,4 k €↑
  9. 2017
    Annual accounts 20177,4 k €↓
  10. 2016
    Annual accounts 201638,2 k €↓
  11. 2015
    Annual accounts 2015224,9 k €↑
  12. 2014
    Annual accounts 2014-6,1 k €↓
  13. 2013
    Annual accounts 20134,5 k €↓
  14. 2012
    Annual accounts 201289 k €↑
  15. 2011
    Annual accounts 201114 k €↑
  16. 2010
    Annual accounts 20102,6 k €↓
  17. 2009
    Annual accounts 20096,2 k €↑
  18. 2008
    Annual accounts 2008-81 k €
  19. 25/07/2007
    IncorporationPublic limited company