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 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Daldecor from Vorst, company number BE0421426891, closed financial year 2025 with a result of € 116,028 after tax. For that financial year Daldecor recorded a gross margin of € 1.7 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 357,496 to € 116,028. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 1.1 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 116,028
▼ 68% vs 2024
Profit after tax over the fiscal year.
€ 589,316
▲ 59% 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 € 737,405.
People and assets in 2025
18.9
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▼ 3% vs 2024
€ 76,900 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.
€ 256,858
Of which on lease € 103,758.
Debts at end 2025
€ 1.5 million
▼ 13% vs 2024
€ 144,972 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 1.5 million
▲ 108% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 508,445
▲ 89% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,274,908 | € 2,533,451 | € 2,314,032 | € 1,741,107 | ▼ 25% |
| Profit after taxes | € 366,310 | € 560,238 | € 357,496 | € 116,028 | ▼ 68% |
| Equity | € 1,989,563 | € 2,349,801 | € 1,007,297 | € 1,123,325 | ▲ 12% |
| Total debts | € 1,865,744 | € 1,985,954 | € 2,946,232 | € 3,504,954 | ▲ 19% |
| Cash | € 31,522 | € 956,209 | € 369,495 | € 589,316 | ▲ 59% |
| Land & buildings | € 355,031 | € 309,596 | € 254,199 | € 198,051 | ▼ 22% |
| Retained profit | € 1,603,643 | € 1,963,881 | € 621,377 | € 737,405 | ▲ 19% |
| Dividend | € 0 | € 200,000 | € 1,700,000 | € 0 | ▼ 100% |
| Bank debt | € 301,112 | € 292,132 | € 1,750,735 | € 1,528,470 | ▼ 13% |
| Balance sheet total | € 3,855,307 | € 4,335,755 | € 3,953,530 | € 4,628,279 | ▲ 17% |
| Employees (FTE) | 23.2 | 20.7 | 20.1 | 18.9 | ▼ 1.2 |
Key figures of Daldecor, 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 Daldecor?
What happened at Daldecor in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- COVALGO BV stepped down as director. NBB
- Kaname Consulting Comm.V stepped down as director. NBB
- UNITED TILES BELGIUM BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 116,028 (▼ 68% vs 2024). Source: NBB ↗
- New establishment in Herent. KBO
- New establishment in Gent. KBO
- New establishment in Aalst. KBO
- COVALGO BV became a director. NBB
In short
From € 366,310 profit in 2022 to € 116,028 profit in 2025.
Paid € 393,476 in corporate taxes since 2022.
Best year ever: 2023, with € 560,238 profit.
On average € 92,100 of value added per employee in 2025.
Management
The stake of UNITED TILES BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DaldecorThe shares are held by UNITED TILES BELGIUM (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jacques Donners
Also active at: R.G. Rosseau G. Tegelfabriek, CARRO INVEST WAREHOUSING, Tegelfabriek van Massenhoven, KERAMOS, ARGILE & KERAMIEK, CARRO WAVRE, KERAVISIE, TRANSPORT-RENTING COMPANY +4 more
since 2025 · until 2031
bestuurder · represented by Nick D'Joos
Also active at: R.G. Rosseau G. Tegelfabriek, Tegelfabriek van Massenhoven, KERAMOS, CARRO WAVRE, KERAVISIE, TRANSPORT-RENTING COMPANY, PAKERA, RAVENNA +2 more
since 2025 · until 2031
Managing director · represented by Jef Huet
Also active at: R.G. Rosseau G. Tegelfabriek, SEDCO, Tegelfabriek van Massenhoven, SCHELFHOUT, KERAMOS, KERALINE, CARRO WAVRE, KERAVISIE +6 more
since 2025 · until 2031
Cedric Thimmesch
Director
Also active at: R.G. Rosseau G. Tegelfabriek, CARRO INVEST WAREHOUSING, SEDCO, Tegelfabriek van Massenhoven, SCHELFHOUT, KERAMOS, ARGILE & KERAMIEK, KERALINE +10 more
· until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ruisbroekse Steenweg 125
1190 Vorst
Mechelsesteenweg 680
3020 Herent
Active since 1 January 2026
Schouwingstraat 45
9032 Gent
Active since 1 January 2026
Moutstraat 12
9300 Aalst
Active since 1 January 2026
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
- 0421.426.891
- VAT number
- BE 0421.426.891
- Registered office
- Ruisbroekse Steenweg 125, 1190 Vorst
- Names & denominations
- Daldecor
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 1981
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Groothandel in vloer- en wandtegels
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
Groothandel in gereedschapswerktuigen