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 47 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 302.6 to 235.6.
Financials
Financial year 2025
DECAT Energy Technics from Veurne, company number BE0416245806, closed financial year 2025 with a result of € 2.9 million after tax. For that financial year DECAT Energy Technics recorded revenue of € 41.9 million and equity of € 994,221. Compared with financial year 2024, the result moved from € -4.9 million to € 2.9 million. Profitable, and profit is growing. The buffer shrank hard: equity is 74 % 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 30, 2026.
€ 994,221
▼ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.9 million
▲ still € 4.9 million loss in 2024
Profit after tax over the fiscal year.
€ 719,361
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -26.2 million.
People and assets in 2025
235.6
▼ 58.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 16.2 million
▼ 14% vs 2024
€ 68,600 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.
€ 1.5 million
▼ 33% vs 2024
Of which on lease € 742,126.
Debts at end 2025
€ 10 million
▼ 36% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 8.8 million
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 93 days on average.
€ 2.1 million
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 57,089,756 | € 76,027,714 | € 68,641,752 | € 41,941,424 | ▼ 39% |
| Profit after taxes | € 73,405 | € -5,141,126 | € -4,921,445 | € 2,919,522 | ▲ € 7.8 million |
| Equity | € 5,844,021 | € 702,895 | € 3,781,451 | € 994,221 | ▼ 74% |
| Total debts | € 23,589,752 | € 34,532,807 | € 27,757,515 | € 20,975,895 | ▼ 24% |
| Cash | € 2,446,847 | € 1,932,011 | € 3,806,256 | € 719,361 | ▼ 81% |
| Retained profit | € 5,703,303 | € 562,177 | € -4,359,268 | € -26,246,536 | ▼ € 21.9 million |
| Bank debt | € 6,637,480 | € 12,649,125 | € 15,668,980 | € 9,991,403 | ▼ 36% |
| Balance sheet total | € 29,433,773 | € 35,235,703 | € 31,940,782 | € 22,547,050 | ▼ 29% |
| Employees (FTE) | 274.4 | 302.6 | 293.9 | 235.6 | ▼ 58.3 |
Key figures of DECAT Energy Technics, 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 DECAT Energy Technics?
What happened at DECAT Energy Technics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pentacon BV stepped down as director. NBB
- The White Monkey BV stepped down as director. NBB
- Enercon BV stepped down as director. NBB
- Feryn Consultancy BV stepped down as director. NBB
- Sokrifin BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.9 million. Source: NBB ↗
- Bowfort BV stepped down as director. NBB
- Bowfort BV became a director. NBB
In short
From € 73,405 profit in 2022 to € 2.9 million profit in 2025.
Paid € 441,723 in corporate taxes since 2022.
Best year ever: 2025, with € 2.9 million profit.
Pays suppliers within 93 days on average.
Management
The stake of DC & PARTNERS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DECAT Energy TechnicsThe shares are held by TC & Partners NV (100%) and DC & PARTNERS (100%). It owns 100% of Virginis itself.
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Paul Thiers
Also active at: VERHULST-DYNAMIC, J.D.A., IRISTICK, DC & PARTNERS, Virginis, ALBALI, LOPACO, AMAVI Capital +2 more
since 2022 · until 2028
Director · represented by Davy Demuynck
Also active at: DC & PARTNERS, Virginis, ALBALI, AMAVI Capital, TC & Partners, Nodge, Nodge Land, Nodge Construct +1 more
since 2022 · until 2028
Director · represented by Paul Junior Thiers
Also active at: VERHULST-DYNAMIC, DC & PARTNERS, Virginis, ALBALI, LOPACO, TC & Partners, Maxus Capital, Powerbee
since 2022 · until 2028
since 2025 · until 2026
Director · represented by Paul Feryn
Also active at: BOUWBEDRIJF FURNIBO, DC & PARTNERS, Virginis, ALBALI
since 2022 · until 2028
Director · represented by Kristof Vanfleteren
Also active at: DC & PARTNERS, Virginis, ALBALI, PHLOX, TC & Partners, Nodge, Nodge Land, Nodge Construct +1 more
since 2022 · until 2028
Shareholders
100%
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Handelsstraat 15
8630 Veurne
Venecolaan 54 box C
9880 Aalter
Active since 16 May 2017
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.
Website
Technologies
Hosting & Email
Email provider
Barracuda
Hosting
COMBELL-AS, BE
Domain
Domain
decat.be
Registered
2000-10-18
Website info
Features
Security
Details
- Company number
- 0416.245.806
- VAT number
- BE 0416.245.806
- Registered office
- Handelsstraat 15, 8630 Veurne
- Names & denominations
- DECAT Energy Technics
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 1976
- Peppol
- Active · Active since 27 Nov 2023
- Contact
- decat.be
- Activities · NACE
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