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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
37 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DECOTA from Wortegem-Petegem, company number BE0434059261, closed financial year 2025 with a result of € -417,223 after tax. For that financial year DECOTA recorded revenue of € 1 million and equity of € -1.8 million. Compared with financial year 2024, the result moved from € -1.5 million to € -417,223. 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 June 12, 2026.
€ -1.8 million
▼ € 417,223 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -417,223
▲ 72 % less loss than in 2024
Profit after tax over the fiscal year.
€ 119,794
▲ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
People and assets in 2025
2.8
▼ 5.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 123,258
▼ 83% vs 2024
€ 44,000 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.
€ 43,566
▲ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 400,000
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 110,773
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.
€ 10,277
▼ 94% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 1,609,743 | € 2,477,099 | € 1,020,895 | ▼ 59% |
| Gross margin | € 435,579 | - | - | - | |
| Profit after taxes | € 16,388 | € -416,449 | € -1,475,926 | € -417,223 | ▲ € 1.1 million |
| Equity | € 559,501 | € 143,052 | € -1,332,873 | € -1,750,097 | ▼ € 417,223 |
| Total debts | € 783,843 | € 1,219,671 | € 2,419,892 | € 1,999,334 | ▼ 17% |
| Cash | € 115,279 | € 110,735 | € 60,983 | € 119,794 | ▲ 96% |
| Land & buildings | € 13,609 | € 11,720 | € 0 | - | |
| Retained profit | € 410,765 | € -5,684 | € -1,481,609 | € -1,898,833 | ▼ € 417,223 |
| Bank debt | € 425,860 | € 430,725 | € 410,313 | € 400,000 | ▼ 3% |
| Balance sheet total | € 1,343,344 | € 1,362,723 | € 1,087,019 | € 249,237 | ▼ 77% |
| Employees (FTE) | 6 | 6.2 | 8.2 | 2.8 | ▼ 5.4 |
Key figures of DECOTA, 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 DECOTA?
What happened at DECOTA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SEM NAESSENS stepped down as director. NBB
- ISABELLE VAN CAUWENBERGHE stepped down as director. NBB
- IMMO WINA NV stepped down as director. NBB
- DEROOSE PROJECTS NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 417,223. Source: NBB ↗
- SEM NAESSENS became a director. NBB
- ISABELLE VAN CAUWENBERGHE became a director. NBB
- IMMO WINA NV became a director. NBB
In short
From € 16,388 profit in 2022 to € 417,223 loss in 2025.
Paid € 14,876 in corporate taxes since 2022.
Best year ever: 2022, with € 16,388 profit.
On average € 72,600 of value added per employee in 2022.
Management
The stake of Bilkhage comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DECOTAThe shares are held by Bilkhage (100%).
Directors
According to the 2025 annual accounts
SEM NAESSENS
Director
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, OLYMPIC FIRE +43 more
since 2025 · until 2030
ISABELLE VAN CAUWENBERGHE
Director
Also active at: LCV INVEST, LCV Development, ANFIBE TRADING, DEROOSE PROJECTS
since 2025 · until 2030
Director · represented by VEERLE NAESSENS
Also active at: LCV INVEST, LCV Development, MIK, ANFIBE TRADING, Bilkhage
since 2025 · until 2030
Managing director · represented by DIRK DEROOSE
Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, FRANKY, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW +61 more
since 2025 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kouter (E.) 3
9790 Wortegem-Petegem
Aalterbaan 183
9990 Maldegem
Active since 20 May 1988
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 37 companies are registered at this address.
All companies at this address →Bekaert Depla same network
URTEX same network
GOSSEYE same network
€ 2.4 million gross margin · 2025
WILLY NAESSENS INDUSTRIEBOUW same network
€ 334.3 million revenue · 2025
LCV INVEST same network
€ 13.6 million revenue · 2025
+32 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.059.261
- VAT number
- BE 0434.059.261
- Registered office
- Kouter (E.) 3, 9790 Wortegem-Petegem
- Names & denominations
- DECOTA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 April 1988
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Ontwikkeling van niet-residentiële bouwprojecten
Overige zakelijke dienstverlening, neg
Overige zakelijke dienstverlening, n.e.g.