Financials
Financial year 2025
Decover from Waregem, company number BE0422429060, closed financial year 2025 with a result of € 39,951 after tax. For that financial year Decover recorded a gross margin of € 89,409 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 118,016 to € 39,951. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 2.6 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,951
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 546,239
▲ 108% 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 € 2 million.
People and assets in 2025
€ 32,765
▲ € 30,153 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 14,902
▲ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,001
▼ 81% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 506,872 | € 334,073 | € 198,723 | € 89,409 | ▼ 55% |
| Profit after taxes | € 287,551 | € 193,977 | € 118,016 | € 39,951 | ▼ 66% |
| Equity | € 2,274,885 | € 2,468,862 | € 2,586,878 | € 2,626,829 | ▲ 2% |
| Total debts | € 101,663 | € 46,415 | € 21,847 | € 23,692 | ▲ 8% |
| Cash | € 1,296,826 | € 186,102 | € 262,037 | € 546,239 | ▲ 108% |
| Land & buildings | € 47,111 | € 31,974 | € 16,838 | € 6,477 | ▼ 62% |
| Retained profit | € 1,680,885 | € 1,874,862 | € 1,992,878 | € 2,032,829 | ▲ 2% |
| Balance sheet total | € 2,376,548 | € 2,515,277 | € 2,608,724 | € 2,650,521 | ▲ 2% |
Key figures of Decover, 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 Decover?
What happened at Decover in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,951 (▼ 66% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 287,551 profit in 2022 to € 39,951 profit in 2025.
Paid € 277,840 in corporate taxes since 2022.
Best year ever: 2022, with € 287,551 profit.
Management
Behind Decover is Lode VERMEERSCH.
Directors
According to the 2025 annual accounts
Lode VERMEERSCH
Director
Establishments
Establishment units
Physical locations of this company
Stationsstraat 135
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.429.060
- VAT number
- BE 0422.429.060
- Registered office
- Stationsstraat 135, 8790 Waregem
- Names & denominations
- Decover
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 1982
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
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