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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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DECO - LUST from Wevelgem, company number BE0415874137, closed financial year 2025 with a result of € -168,076 after tax. For that financial year DECO - LUST recorded a gross margin of € 1.2 million and equity of € 105,529. Compared with financial year 2024, the result moved from € 119,897 to € -168,076. The company made a loss. The buffer shrank hard: equity is 66 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 105,529
▼ 66% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -168,076
▼ still € 119,897 profit in 2024
Profit after tax over the fiscal year.
€ 167,981
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 43,529.
People and assets in 2025
19.1
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 2% vs 2024
€ 62,300 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.
€ 33,298
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 447,767
▼ 13% vs 2024
€ 72,969 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 85,463
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 172,799
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,290,588 | € 1,145,938 | € 1,408,105 | € 1,156,248 | ▼ 18% |
| Profit after taxes | € 65,214 | € -180,501 | € 119,897 | € -168,076 | ▼ € 287,973 |
| Equity | € 374,209 | € 193,708 | € 313,605 | € 105,529 | ▼ 66% |
| Total debts | € 986,026 | € 909,347 | € 773,877 | € 753,113 | ▼ 3% |
| Cash | € 271,525 | € 250,447 | € 321,789 | € 167,981 | ▼ 48% |
| Retained profit | € 312,209 | € 131,708 | € 251,605 | € 43,529 | ▼ 83% |
| Dividend | € 0 | € 0 | € 0 | € 40,000 | |
| Bank debt | € 637,071 | € 642,780 | € 515,162 | € 447,767 | ▼ 13% |
| Balance sheet total | € 1,360,235 | € 1,103,056 | € 1,087,482 | € 858,642 | ▼ 21% |
| Employees (FTE) | 20.1 | 20.6 | 19.8 | 19.1 | ▼ 0.7 |
Key figures of DECO - LUST, 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 DECO - LUST?
What happened at DECO - LUST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Yves DECONINCK stepped down as director. NBB
- Nathalie DE BOCK stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 168,076 (▼ € 287,973 vs 2024). Source: NBB ↗
- Yves DECONINCK became a director. NBB
- Nathalie DE BOCK became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,214 profit in 2022 to € 168,076 loss in 2025.
Paid € 20,319 in corporate taxes since 2022.
Best year ever: 2024, with € 119,897 profit.
On average € 60,500 of value added per employee in 2025.
Management
The stake of DECECE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DECO - LUSTThe shares are held by DECECE (99.9%).
Establishments
Establishment units
Physical locations of this company
Ambachtenlaan 3
8560 Wevelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0415.874.137
- VAT number
- BE 0415.874.137
- Registered office
- Ambachtenlaan 3, 8560 Wevelgem
- Names & denominations
- DECO - LUST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 1975
- Peppol
- Active · Active since 6 Oct 2025
- Contact
- deco-lust.be
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