What does Decruyenaere do?

Decruyenaere is a shoe shop in Avelgem. Public Limited, started on 1 January 1968, 3 establishments.

What is the address of Decruyenaere?

The registered office of Decruyenaere is located at Doorniksesteenweg 193, 8580 Avelgem.

Is Decruyenaere still active?

Yes. According to the CBE (29 October 2026) Decruyenaere is active, legal situation “Normale toestand”, started on 1 January 1968.

Is Decruyenaere registered on Peppol?

Yes, Decruyenaere is registered on the Peppol network with ID 0208:0405401701.

What is the enterprise number of Decruyenaere?

The enterprise number of Decruyenaere is BE0405401701.

When was Decruyenaere founded?

Decruyenaere was founded on 1 January 1968.

Who are the directors of Decruyenaere?

According to the 2025 annual accounts, the directors of Decruyenaere are: KEVIN HOLDING NV.

Is Decruyenaere a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 3 establishments in the CBE.

How much profit did Decruyenaere make in 2025?

Decruyenaere recorded a loss after taxes of € 361,873 in financial year 2025.

What is the revenue of Decruyenaere?

As a small company, Decruyenaere is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 707,512.

How much does an employee at Decruyenaere earn?

The average wage cost per full-time employee at Decruyenaere was € 45,000 in 2025: staff costs of € 616,303 for 13.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Decruyenaere have?

According to the 2025 annual accounts, Decruyenaere has 13.7 full-time equivalents (FTE).

Does Decruyenaere have a website?

Yes, Decruyenaere has a website at kevinshoes.be.

Decruyenaere (Public Limited) - Avelgem - BE0405401701

Dossier Decruyenaere, printed on 29 October 2026 from databakkes.be/en/0405401701/decruyenaere. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 15.7 to 13.7.

Financials

Financial year 2025

Decruyenaere from Avelgem, company number BE0405401701, closed financial year 2025 with a result of € -361,873 after tax. For that financial year Decruyenaere recorded a gross margin of € 707,512 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -366,125 to € -361,873. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.

What it is worth Healthy

€ 1.1 million

▼ 25% vs 2024

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

Loss Caution

€ -361,873

▲ 1 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 64,577

▼ 12% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 938,621.

People and assets in 2025

Full-time equivalents

13.7

▼ 0.9 vs 2024

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

Wage cost

€ 616,303

▲ 1% vs 2024

€ 45,000 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

€ 70,010

▲ € 58,227 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.9 million

▼ 8% vs 2024

€ 298,873 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 73,434

▼ 53% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 148,430

▲ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,007,191 Gross margin 2022: € 1,007,191 First fiscal year in the series	€ 889,916 Gross margin 2023: € 889,916 ▼ 12% vs 2022 (€ 1,007,191) Unfavourable step	€ 708,096 Gross margin 2024: € 708,096 ▼ 20% vs 2023 (€ 889,916) Unfavourable step	€ 707,512 Gross margin 2025: € 707,512 Unchanged (€ 708,096) Unfavourable step
Profit after taxes	€ -85,048 Profit after taxes 2022: € -85,048 First fiscal year in the series	€ -176,859 Profit after taxes 2023: € -176,859 ▼ € 91,811 vs 2022 (€ -85,048) Unfavourable step	€ -366,125 Profit after taxes 2024: € -366,125 ▼ € 189,265 vs 2023 (€ -176,859) Unfavourable step	€ -361,873 Profit after taxes 2025: € -361,873 ▲ € 4,251 vs 2024 (€ -366,125) Favourable step	▲ € 4,251
Equity	€ 1,968,478 Equity 2022: € 1,968,478 First fiscal year in the series	€ 1,791,619 Equity 2023: € 1,791,619 ▼ 9% vs 2022 (€ 1,968,478) Unfavourable step	€ 1,425,494 Equity 2024: € 1,425,494 ▼ 20% vs 2023 (€ 1,791,619) Unfavourable step	€ 1,063,621 Equity 2025: € 1,063,621 ▼ 25% vs 2024 (€ 1,425,494) Unfavourable step	▼ 25%
Total debts	€ 2,860,981 Total debts 2022: € 2,860,981 First fiscal year in the series	€ 2,630,952 Total debts 2023: € 2,630,952 ▼ 8% vs 2022 (€ 2,860,981) Favourable step	€ 2,477,828 Total debts 2024: € 2,477,828 ▼ 6% vs 2023 (€ 2,630,952) Favourable step	€ 2,482,771 Total debts 2025: € 2,482,771 Unchanged (€ 2,477,828) Unfavourable step
Cash	€ 260,866 Cash 2022: € 260,866 First fiscal year in the series	€ 109,877 Cash 2023: € 109,877 ▼ 58% vs 2022 (€ 260,866) Unfavourable step	€ 73,399 Cash 2024: € 73,399 ▼ 33% vs 2023 (€ 109,877) Unfavourable step	€ 64,577 Cash 2025: € 64,577 ▼ 12% vs 2024 (€ 73,399) Unfavourable step	▼ 12%
Land & buildings	€ 3,108,349 Land & buildings 2022: € 3,108,349 First fiscal year in the series	€ 2,834,808 Land & buildings 2023: € 2,834,808 ▼ 9% vs 2022 (€ 3,108,349) Unchanged	€ 2,561,267 Land & buildings 2024: € 2,561,267 ▼ 10% vs 2023 (€ 2,834,808) Unchanged	€ 2,287,726 Land & buildings 2025: € 2,287,726 ▼ 11% vs 2024 (€ 2,561,267) Unchanged	▼ 11%
Retained profit	€ 1,843,478 Retained profit 2022: € 1,843,478 First fiscal year in the series	€ 1,666,619 Retained profit 2023: € 1,666,619 ▼ 10% vs 2022 (€ 1,843,478) Unfavourable step	€ 1,300,494 Retained profit 2024: € 1,300,494 ▼ 22% vs 2023 (€ 1,666,619) Unfavourable step	€ 938,621 Retained profit 2025: € 938,621 ▼ 28% vs 2024 (€ 1,300,494) Unfavourable step	▼ 28%
Bank debt	€ 2,471,653 Bank debt 2022: € 2,471,653 First fiscal year in the series	€ 2,210,868 Bank debt 2023: € 2,210,868 ▼ 11% vs 2022 (€ 2,471,653) Favourable step	€ 2,013,799 Bank debt 2024: € 2,013,799 ▼ 9% vs 2023 (€ 2,210,868) Favourable step	€ 1,853,116 Bank debt 2025: € 1,853,116 ▼ 8% vs 2024 (€ 2,013,799) Favourable step	▼ 8%
Balance sheet total	€ 4,829,459 Balance sheet total 2022: € 4,829,459 First fiscal year in the series	€ 4,422,571 Balance sheet total 2023: € 4,422,571 ▼ 8% vs 2022 (€ 4,829,459) Unchanged	€ 3,903,323 Balance sheet total 2024: € 3,903,323 ▼ 12% vs 2023 (€ 4,422,571) Unchanged	€ 3,546,392 Balance sheet total 2025: € 3,546,392 ▼ 9% vs 2024 (€ 3,903,323) Unchanged	▼ 9%
Employees (FTE)	14.8 Employees (FTE) 2022: 14.8 First fiscal year in the series	15.7 Employees (FTE) 2023: 15.7 ▲ 0.9 vs 2022 (14.8) Unchanged	14.6 Employees (FTE) 2024: 14.6 ▼ 1.1 vs 2023 (15.7) Unchanged	13.7 Employees (FTE) 2025: 13.7 ▼ 0.9 vs 2024 (14.6) Unchanged	▼ 0.9

Key figures of Decruyenaere, 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 Decruyenaere?

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

Jun 24, 2026 New annual accounts for financial year 2025: loss of € 361,873. Source: NBB ↗
Jul 28, 2019 New establishment in Gavere. KBO
2013 KEVIN HOLDING NV became a director. NBB
Feb 15, 2013 New establishment in Avelgem. KBO
Jan 1, 1968 Start of the company according to the CBE. KBO
Mar 1, 1952 New establishment in Waregem. KBO

In short

From € 85,048 loss in 2022 to € 361,873 loss in 2025.

Paid € 2,554 in corporate taxes since 2022.

On average € 51,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

KEVIN HOLDING 99.9%

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

Decruyenaere

Behind Decruyenaere is KEVIN HOLDING NV. The shares are held by KEVIN HOLDING (99.9%).

Directors

According to the 2025 annual accounts

KEVIN HOLDING NV

Director · represented by HOLVOET Kevin

Also active at: HOLVER Invest

since 2013

Shareholders

KEVIN HOLDING

99.9%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Doorniksesteenweg 193

8580 Avelgem

2.002.772.757

Zuiderlaan 70

8790 Waregem

Active since 1 March 1952

2.291.641.430

Gentsebaan 28

9890 Gavere

Active since 28 July 2019

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

HOLVER Invest same network

€ 44,886 gross margin · 2025

KEVIN HOLDING same network

€ 80,441 gross margin · 2025

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

Website

HTTPS kevinshoes.be

Canonical: https://www.kevinshoes.be/

Technologies

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Hosting & Email

Email provider

Google Workspace

Hosting

UPCLOUD, FI

Website info

HTTPS Ja

Languages NL

Features

Webshop Newsletter Client portal Ads

Security

✓ HTTPS

✓ SPF

✓ DMARC

Network

✓ IPv6

Details

Company number

0405.401.701

VAT number

BE 0405.401.701

Registered office

Doorniksesteenweg 193, 8580 Avelgem

Names & denominations

Decruyenaere

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 1 Jan 2001

Contact

kevinshoes.be

Activities · NACE

Detailhandel in schoeisel

Reparatie en onderhoud van schoeisel en lederwaren

Reparatie van laarzen, schoenen en overige artikelen van leer

View on CBE Public ↗ Annual accounts (NBB) ↗

Decruyenaere

Warning lights

Financials

What happened to Decruyenaere?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions