Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 4.9 to 4.2.
Financials
Financial year 2025
General Stores from Oostende, company number BE0405260555, closed financial year 2025 with a result of € 144,029 after tax. For that financial year General Stores recorded a gross margin of € 500,032 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 133,901 to € 144,029. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 1.7 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 144,029
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 119,866
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
35 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.2
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 254,112
▼ 5% vs 2024
€ 60,500 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.
€ 29,461
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 138,054
▼ 24% vs 2024
€ 42,392 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 254,436
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,823
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 509,083 | € 515,226 | € 514,358 | € 500,032 | ▼ 3% |
| Profit after taxes | € 265,623 | € 130,147 | € 133,901 | € 144,029 | ▲ 8% |
| Equity | € 1,344,310 | € 1,474,457 | € 1,568,358 | € 1,662,387 | ▲ 6% |
| Total debts | € 1,073,565 | € 904,007 | € 849,738 | € 714,094 | ▼ 16% |
| Cash | € 72,070 | € 8,472 | € 109,766 | € 119,866 | ▲ 9% |
| Retained profit | € 1,269,310 | € 1,399,457 | € 1,493,358 | € 1,587,387 | ▲ 6% |
| Dividend | € 120,000 | € 0 | € 40,000 | € 50,000 | ▲ 25% |
| Bank debt | € 203,839 | € 244,225 | € 180,862 | € 138,054 | ▼ 24% |
| Balance sheet total | € 2,417,874 | € 2,378,464 | € 2,418,096 | € 2,376,481 | ▼ 2% |
| Employees (FTE) | 4.2 | 4.9 | 4.6 | 4.2 | ▼ 0.4 |
Key figures of General Stores, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to General Stores?
What happened at General Stores in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 144,029 (▲ 8% vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
- New establishment in Oostende. KBO
In short
From € 265,623 profit in 2022 to € 144,029 profit in 2025.
Paid € 145,922 in corporate taxes since 2022.
Best year ever: 2022, with € 265,623 profit.
On average € 119,100 of value added per employee in 2025.
Management
The stake of TOM DECORTE, DIETER DECORTE WIJNEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
General StoresBehind General Stores are DIETER DECORTE WIJNEN BV, TOM DECORTE BV, Beatrice DECLERCQ and Bernard DECORTE. The shares are held by TOM DECORTE (49.9%) and DIETER DECORTE WIJNEN (49.9%).
Directors
According to the 2025 annual accounts
Director · represented by Dieter DECORTE
Director · represented by Tom DECORTE
Beatrice DECLERCQ
Director
Bernard DECORTE
Director
Shareholders
49.9%
49.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zandvoordestraat 492
8400 Oostende
Graaf de Smet de Naeyerlaan 36
8400 Oostende
Active since 1 April 1947
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.260.555
- VAT number
- BE 0405.260.555
- Registered office
- Zandvoordestraat 492, 8400 Oostende
- Names & denominations
- General Stores
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in wijnen en geestrijke dranken
Groothandel in dranken
Groothandel in dranken, algemeen assortiment
Detailhandel in wijnen en geestrijke dranken
Detailhandel in dranken, algemeen assortiment