Financials
Financial year 2026
DECOVA from Gistel, company number BE0426716460, closed financial year 2026 with a result of € -192,643 after tax. For that financial year DECOVA recorded a gross margin of € -122,411 and equity of € 7.5 million. Compared with financial year 2025, the result moved from € 5 million to € -192,643. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2026.
€ 7.5 million
▼ 18% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -192,643
▼ still € 5 million profit in 2025
Profit after tax over the fiscal year.
€ 474,065
▲ € 381,276 vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6.8 million.
Debts at end 2026
€ 3 million
▲ 17% vs 2025
€ 85,207 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 72,833
▼ 42% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 36,785
▲ € 33,500 vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 441,619 | € 135,695 | € 6,948,748 | € -122,411 | ▼ € 7.1 million |
| Profit after taxes | € 172,250 | € -4,754 | € 4,959,461 | € -192,643 | ▼ € 5.2 million |
| Equity | € 4,104,719 | € 4,099,965 | € 9,059,426 | € 7,466,783 | ▼ 18% |
| Total debts | € 2,754,854 | € 2,660,255 | € 3,132,048 | € 4,897,491 | ▲ 56% |
| Cash | € 232,684 | € 1,527 | € 92,788 | € 474,065 | ▲ € 381,276 |
| Land & buildings | € 2,987,635 | € 3,169,736 | € 3,355,518 | € 4,021,315 | ▲ 20% |
| Retained profit | € 3,435,406 | € 3,430,652 | € 8,390,113 | € 6,797,470 | ▼ 19% |
| Dividend | € 0 | € 0 | € 0 | € 1,400,000 | |
| Bank debt | € 1,837,556 | € 1,761,267 | € 2,605,113 | € 3,042,989 | ▲ 17% |
| Balance sheet total | € 7,145,978 | € 7,046,625 | € 14,218,974 | € 14,192,057 |
Key figures of DECOVA, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 28 September 2027.
What happened to DECOVA?
What happened at DECOVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 192,643 (▼ € 5.2 million vs 2025). filed late Source: NBB ↗
- ANTHONY DEBAILLIE became a director. NBB
- JAN DEBAILLIE became a director. NBB
- DEBAILLIE HOLDING became a director. NBB
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 172,250 profit in 2023 to € 192,643 loss in 2026.
Paid € 111,908 in corporate taxes since 2023.
Best year ever: 2025, with € 5 million profit.
Paid out € 1.4 million in dividends to the owners in total.
Management
The stake of DEBAILLIE HOLDING, Algemene Bouwonderneming Debaillie E.J.J. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DECOVABehind DECOVA are ANTHONY DEBAILLIE, JAN DEBAILLIE and DEBAILLIE HOLDING. The shares are held by DEBAILLIE HOLDING (100%) and Algemene Bouwonderneming Debaillie E.J.J. (8.3%). It owns 100% of BOUWONDERNEMING DEBAILLIE E. EN ZOON and 50% of IMMODEL itself.
Directors
According to the 2026 annual accounts
since 2022
JAN DEBAILLIE
Managing director
Also active at: Nemrod, Fimo, Algemene Bouwonderneming Debaillie E.J.J., Prospérité, BOUWONDERNEMING DEBAILLIE E. EN ZOON, Debaillie Promotions, Bijenhof, LISMA +2 more
since 2022
Managing director · represented by John Debaillie
Also active at: Fimo, Prospérité, HET GROENEVELD, HEYS CONSTRUCT, HEYS BOUW, HEYS INVEST
since 2022
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Oostendse Baan 142
8470 Gistel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0426.716.460
- VAT number
- BE 0426.716.460
- Registered office
- Oostendse Baan 142, 8470 Gistel
- Names & denominations
- DECOVA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 November 1984
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis