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 2022 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Decruy from Houthulst, company number BE0407172049, closed financial year 2024 with a result of € -467,067 after tax. For that financial year Decruy recorded revenue of € 10.2 million and equity of € 1.9 million. Compared with financial year 2022, the result moved from € -99,207 to € -467,067. The company made a loss. The buffer shrank hard: equity is 58 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 14, 2025.
€ 1.9 million
▼ 58% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -467,067
▼ 371 % more loss than in 2022
Profit after tax over the fiscal year.
€ 16,068
▼ 84% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.6 million.
People and assets in 2024
71
▼ 0.2 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 3.5 million
▲ 21% vs 2022
€ 49,400 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.
€ 158,387
▲ 91% vs 2022
Of which on lease € 156,344.
Debts at end 2024
€ 3.5 million
▼ 1% vs 2022
€ 341,698 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1.5 million
▼ 2% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.
€ 610,291
▲ 30% vs 2022
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2024 | Change 2022 → 2024 | |
|---|---|---|---|---|
| Revenue | € 14,186,742 | € 10,270,999 | € 10,210,264 | ▼ 1% |
| Profit after taxes | € 1,998,807 | € -99,207 | € -467,067 | ▼ € 367,860 |
| Equity | € 4,616,865 | € 4,517,657 | € 1,907,333 | ▼ 58% |
| Total debts | € 5,046,264 | € 5,740,934 | € 7,294,625 | ▲ 27% |
| Cash | € 346,311 | € 103,239 | € 16,068 | ▼ 84% |
| Land & buildings | € 1,186,431 | € 1,144,018 | € 1,017,110 | ▼ 11% |
| Retained profit | € 4,338,765 | € 4,239,557 | € 1,629,233 | ▼ 62% |
| Dividend | € 0 | € 0 | € 1,484,423 | |
| Bank debt | € 2,832,717 | € 3,531,448 | € 3,482,294 | ▼ 1% |
| Balance sheet total | € 9,678,129 | € 10,273,591 | € 9,216,958 | ▼ 10% |
| Employees (FTE) | 76.2 | 71.2 | 71 | ▼ 0.2 |
Key figures of Decruy, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Decruy?
What happened at Decruy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- AAF-INVEST BV stepped down as director. NBB
- DALEXA BV stepped down as director. NBB
- NF-INVEST BV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 467,067. filed late Source: NBB ↗
- AAF-INVEST BV became a director. NBB
- DALEXA BV became a director. NBB
- NF-INVEST BV became a director. NBB
- New establishment in Houthulst. KBO
In short
From € 2 million profit in 2021 to € 467,067 loss in 2024.
Paid € 87,238 in corporate taxes since 2021.
Best year ever: 2021, with € 2 million profit.
Paid out € 1.5 million in dividends to the owners in total.
A new publication or filing at Decruy? We notify you, reason included.
Follow DecruyDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of A.A.F. - INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DecruyThe shares are held by A.A.F. - INVEST (95.1%).
Directors
According to the 2024 annual accounts
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Shareholders
95.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Poelkapellestraat 40
8650 Houthulst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0407.172.049
- VAT number
- BE 0407.172.049
- Registered office
- Poelkapellestraat 40, 8650 Houthulst
- Names & denominations
- Decruy
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1970
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen
Schrijnwerk
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Schrijnwerk van hout of van kunststof
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2