Financials
Financial year 2025
Decovast from Schilde, company number BE0424607602, closed financial year 2025 with a result of € 7,609 after tax. For that financial year Decovast recorded a gross margin of € 85,131 and equity of € 190,202. Compared with financial year 2024, the result moved from € 2,048 to € 7,609. Profitable, and profit is growing. 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 May 5, 2026.
€ 190,202
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,609
▲ 272% vs 2024
Profit after tax over the fiscal year.
€ 42,804
▲ 163% 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 € -117,238.
People and assets in 2025
€ 54,588
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,798
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 142,182
€ 22,149 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 63
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,502
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,098 | € 78,792 | € 74,408 | € 85,131 | ▲ 14% |
| Profit after taxes | € 3,303 | € 4,416 | € 2,048 | € 7,609 | ▲ 272% |
| Equity | € 176,130 | € 180,545 | € 182,593 | € 190,202 | ▲ 4% |
| Total debts | € 213,344 | € 190,978 | € 166,679 | € 180,298 | ▲ 8% |
| Cash | € 10,249 | € 11,817 | € 16,276 | € 42,804 | ▲ 163% |
| Land & buildings | € 295,638 | € 284,997 | € 274,356 | € 263,715 | ▼ 4% |
| Retained profit | € -131,311 | € -126,895 | € -124,848 | € -117,238 | ▲ € 7,609 |
| Bank debt | € 175,783 | € 158,958 | € 141,770 | € 142,182 | |
| Balance sheet total | € 389,474 | € 371,524 | € 349,272 | € 370,500 | ▲ 6% |
Key figures of Decovast, 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 Decovast?
What happened at Decovast in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,609 (▲ 272% vs 2024). Source: NBB ↗
- New establishment in Schilde. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,303 profit in 2022 to € 7,609 profit in 2025.
Paid € 23 in corporate taxes since 2022.
Best year ever: 2025, with € 7,609 profit.
Management
Behind Decovast are Patrick De Coninck and David De Coninck.
Directors
According to the 2025 annual accounts
Patrick De Coninck
Director
David De Coninck
Director
Establishments
Establishment units
Physical locations of this company
Bergendreef 7
2970 Schilde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.607.602
- VAT number
- BE 0424.607.602
- Registered office
- Bergendreef 7, 2970 Schilde
- Names & denominations
- Decovast
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 1983
- Peppol
- Active · Active since 12 Feb 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Overige werkzaamheden in verband met de afwerking van gebouwen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Stukadoorswerk
Algemene bouw van residentiële gebouwen
Plaatsen van vloer- en wandtegels