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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
DEKARO from Brussel, company number BE0428889656, closed financial year 2023 with a result of € -70,859 after tax. For that financial year DEKARO recorded a gross margin of € 13,800 and equity of € -397,954. Compared with financial year 2022, the result moved from € -82,558 to € -70,859. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 18, 2024.
€ -397,954
▼ € 70,859 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -70,859
▲ 14 % less loss than in 2022
Profit after tax over the fiscal year.
€ 9,362
▼ 1% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -459,928.
Debts at end 2023
€ 704,400
Loans from banks and other lenders, long and short.
€ 2,432
▲ € 2,222 vs 2022
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 52 | € 1,552 | € 13,800 | ▲ € 12,248 |
| Profit after taxes | € -84,895 | € -82,558 | € -70,859 | ▲ € 11,699 |
| Equity | € -244,537 | € -327,095 | € -397,954 | ▼ € 70,859 |
| Total debts | € 710,793 | € 711,077 | € 713,699 | |
| Cash | € 9,334 | € 9,436 | € 9,362 | ▼ 1% |
| Retained profit | € -306,510 | € -389,069 | € -459,928 | ▼ € 70,859 |
| Bank debt | € 704,400 | € 704,400 | € 704,400 | |
| Balance sheet total | € 555,584 | € 443,533 | € 345,520 | ▼ 22% |
Key figures of DEKARO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to DEKARO?
What happened at DEKARO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 70,859. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- New establishment in Sint-Jans-Molenbeek. KBO
- Daron Garabedian became a director. NBB
- Vatche Garabedian became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 84,895 loss in 2021 to € 70,859 loss in 2023.
A new publication or filing at DEKARO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind DEKARO are Daron Garabedian and Vatche Garabedian. The same people are also behind GARCO and EURO PLAZA. Vatche Garabedian is also behind GALEX BELGE.
Directors
According to the 2023 annual accounts
since 1986
since 1986
Establishments
Establishment units
Physical locations of this company
Fransmanstraat 25
1020 Brussel
Gentsesteenweg 42 4
1080 Sint-Jans-Molenbeek
Active since 27 July 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0428.889.656
- VAT number
- BE 0428.889.656
- Registered office
- Fransmanstraat 25, 1020 Brussel
- Names & denominations
- DEKARO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 April 1986
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Groothandel in huishoudtextiel en beddengoed
Groothandel in textiel
Detailhandel in tweedehandskleding
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in huismeubilair
Detailhandel in tweedehandsgoederen
Detailhandel in meubels
Detailhandel in motorvoertuigen
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