What does Decolvenaere do?

Decolvenaere is a wholesaler in Gent. Private Limited, started on 1 July 1959, 1 establishment.

What is the address of Decolvenaere?

The registered office of Decolvenaere is located at Singel 140, 9000 Gent.

Is Decolvenaere still active?

Yes. According to the CBE (29 October 2026) Decolvenaere is active, legal situation “Normale toestand”, started on 1 July 1959.

Is Decolvenaere registered on Peppol?

Yes, Decolvenaere is registered on the Peppol network with ID 0208:0400079171.

What is the enterprise number of Decolvenaere?

The enterprise number of Decolvenaere is BE0400079171.

When was Decolvenaere founded?

Decolvenaere was founded on 1 July 1959.

Who are the directors of Decolvenaere?

According to the 2025 annual accounts, the directors of Decolvenaere are: TANGUY DC BV, Daphné DECOLVENAERE.

Is Decolvenaere a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 July 1959; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Decolvenaere make in 2025?

Decolvenaere posted a profit after taxes of € 2,238,474 in financial year 2025.

What is the revenue of Decolvenaere?

In its most recent annual accounts (2025), Decolvenaere reported revenue of € 19,289,409.

How much does an employee at Decolvenaere earn?

The average wage cost per full-time employee at Decolvenaere was € 81,400 in 2025: staff costs of € 756,919 for 9.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Decolvenaere have?

According to the 2025 annual accounts, Decolvenaere has 9.3 full-time equivalents (FTE).

Decolvenaere (Private Limited) - Gent - BE0400079171

Dossier Decolvenaere, printed on 29 October 2026 from databakkes.be/en/0400079171/decolvenaere. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Decolvenaere from Gent, company number BE0400079171, closed financial year 2025 with a result of € 2.2 million after tax. For that financial year Decolvenaere recorded revenue of € 19.3 million and equity of € 12 million. Compared with financial year 2024, the result moved from € 170,242 to € 2.2 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 30, 2025.

What it is worth Healthy

€ 12 million

▼ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 2.2 million

▲ € 2.1 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.5 million

▼ 25% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 2.4 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

9.3

▲ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 756,919

▼ 26% vs 2024

€ 81,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 273,135

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 67

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1.4 million

▼ 1% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 32 days on average.

Taxes and wages

€ 221,121

▼ 95% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2024	2025	Change 2024 → 2025
Revenue	€ 33,884,456 Revenue 2021: € 33,884,456 First fiscal year in the series	€ 30,752,495 Revenue 2022: € 30,752,495 ▼ 9% vs 2021 (€ 33,884,456) Unfavourable step	€ 38,585,038 Revenue 2024: € 38,585,038 ▲ 25% vs 2022 (€ 30,752,495) Favourable step	€ 19,289,409 Revenue 2025: € 19,289,409 ▼ 50% vs 2024 (€ 38,585,038) Unfavourable step	▼ 50%
Profit after taxes	€ 4,007,289 Profit after taxes 2021: € 4,007,289 First fiscal year in the series	€ 4,411,096 Profit after taxes 2022: € 4,411,096 ▲ 10% vs 2021 (€ 4,007,289) Favourable step	€ 170,242 Profit after taxes 2024: € 170,242 ▼ 96% vs 2022 (€ 4,411,096) Unfavourable step	€ 2,238,474 Profit after taxes 2025: € 2,238,474 ▲ € 2.1 million vs 2024 (€ 170,242) Favourable step	▲ € 2.1 million
Equity	€ 13,180,053 Equity 2021: € 13,180,053 First fiscal year in the series	€ 15,191,149 Equity 2022: € 15,191,149 ▲ 15% vs 2021 (€ 13,180,053) Favourable step	€ 12,161,390 Equity 2024: € 12,161,390 ▼ 20% vs 2022 (€ 15,191,149) Unfavourable step	€ 11,999,865 Equity 2025: € 11,999,865 ▼ 1% vs 2024 (€ 12,161,390) Unfavourable step	▼ 1%
Total debts	€ 7,644,938 Total debts 2021: € 7,644,938 First fiscal year in the series	€ 8,823,505 Total debts 2022: € 8,823,505 ▲ 15% vs 2021 (€ 7,644,938) Unfavourable step	€ 10,145,094 Total debts 2024: € 10,145,094 ▲ 15% vs 2022 (€ 8,823,505) Unfavourable step	€ 5,083,270 Total debts 2025: € 5,083,270 ▼ 50% vs 2024 (€ 10,145,094) Favourable step	▼ 50%
Cash	€ 711,567 Cash 2021: € 711,567 First fiscal year in the series	€ 847,977 Cash 2022: € 847,977 ▲ 19% vs 2021 (€ 711,567) Favourable step	€ 2,021,446 Cash 2024: € 2,021,446 ▲ 138% vs 2022 (€ 847,977) Favourable step	€ 1,511,090 Cash 2025: € 1,511,090 ▼ 25% vs 2024 (€ 2,021,446) Unfavourable step	▼ 25%
Land & buildings	€ 1,025,784 Land & buildings 2021: € 1,025,784 First fiscal year in the series	€ 908,772 Land & buildings 2022: € 908,772 ▼ 11% vs 2021 (€ 1,025,784) Unchanged	€ 731,779 Land & buildings 2024: € 731,779 ▼ 19% vs 2022 (€ 908,772) Unchanged	€ 673,645 Land & buildings 2025: € 673,645 ▼ 8% vs 2024 (€ 731,779) Unchanged	▼ 8%
Retained profit	€ 9,980,053 Retained profit 2021: € 9,980,053 First fiscal year in the series	€ 11,991,149 Retained profit 2022: € 11,991,149 ▲ 20% vs 2021 (€ 9,980,053) Favourable step	€ 8,961,390 Retained profit 2024: € 8,961,390 ▼ 25% vs 2022 (€ 11,991,149) Unfavourable step	€ 8,799,865 Retained profit 2025: € 8,799,865 ▼ 2% vs 2024 (€ 8,961,390) Unfavourable step	▼ 2%
Dividend	€ 3,200,000 Dividend 2021: € 3,200,000 First fiscal year in the series	€ 2,400,000 Dividend 2022: € 2,400,000 ▼ 25% vs 2021 (€ 3,200,000) Unchanged	€ 3,200,000 Dividend 2024: € 3,200,000 ▲ 33% vs 2022 (€ 2,400,000) Unchanged	€ 2,400,000 Dividend 2025: € 2,400,000 ▼ 25% vs 2024 (€ 3,200,000) Unchanged	▼ 25%
Bank debt	€ 1,833,417 Bank debt 2021: € 1,833,417 First fiscal year in the series	€ 1,233,645 Bank debt 2022: € 1,233,645 ▼ 33% vs 2021 (€ 1,833,417) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2022 (€ 1,233,645) Favourable step	€ 67 Bank debt 2025: € 67 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 20,838,272 Balance sheet total 2021: € 20,838,272 First fiscal year in the series	€ 24,025,153 Balance sheet total 2022: € 24,025,153 ▲ 15% vs 2021 (€ 20,838,272) Unchanged	€ 22,313,984 Balance sheet total 2024: € 22,313,984 ▼ 7% vs 2022 (€ 24,025,153) Unchanged	€ 17,088,635 Balance sheet total 2025: € 17,088,635 ▼ 23% vs 2024 (€ 22,313,984) Unchanged	▼ 23%
Employees (FTE)	9.8 Employees (FTE) 2021: 9.8 First fiscal year in the series	7.9 Employees (FTE) 2022: 7.9 ▼ 1.9 vs 2021 (9.8) Unchanged	9 Employees (FTE) 2024: 9 ▲ 1.1 vs 2022 (7.9) Unchanged	9.3 Employees (FTE) 2025: 9.3 ▲ 0.3 vs 2024 (9) Unchanged	▲ 0.3

Key figures of Decolvenaere, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to Decolvenaere?

What happened at Decolvenaere in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Dec 30, 2025 New annual accounts for financial year 2025: profit of € 2.2 million (▲ € 2.1 million vs 2024). Source: NBB ↗
Jul 1, 1959 Start of the company according to the CBE. KBO
May 1, 1959 New establishment in Gent. KBO

In short

From € 4 million profit in 2021 to € 2.2 million profit in 2025.

Paid € 6.4 million in corporate taxes since 2021.

Best year ever: 2022, with € 4.4 million profit.

Paid out € 11.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

DDC INVESTMENT 99%

The stake of DDC INVESTMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Decolvenaere

Behind Decolvenaere are TANGUY DC BV and Daphné DECOLVENAERE. The shares are held by DDC INVESTMENT (99%).

Directors

According to the 2025 annual accounts

TANGUY DC BV

Director · represented by Tanguy Decolvenaere

Also active at: 4 INVEST

Daphné DECOLVENAERE

Director

Also active at: DDC INVESTMENT

Shareholders

DDC INVESTMENT

99%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Singel 140

9000 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

QUATROPACK

€ 119,326 gross margin · 2025

TANGUY DC same network

€ 403,044 gross margin · 2025

DDC INVESTMENT same network

€ 1.1 million revenue · 2025

4 INVEST same network

€ 66,495 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0400.079.171

VAT number

BE 0400.079.171

Registered office

Singel 140, 9000 Gent

Names & denominations

Decolvenaere

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 July 1959

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Groothandel in hout

Zagen en schaven van hout

View on CBE Public ↗ Annual accounts (NBB) ↗

Decolvenaere

Financials

What happened to Decolvenaere?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions