Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.8 to 3.
Financials
Financial year 2025
DECOVAN from Oudenaarde, company number BE0444491810, closed financial year 2025 with a result of € 82,868 after tax. For that financial year DECOVAN recorded a gross margin of € 360,177 and equity of € 1 million. Compared with financial year 2024, the result moved from € 80,170 to € 82,868. 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 October 14, 2026.
€ 1 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 82,868
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 53,309
▼ 57% 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 € 951,543.
People and assets in 2025
3
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 208,380
▼ 10% vs 2024
€ 69,500 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.
€ 51,372
▲ 129% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 159,989
▲ 21% vs 2024
€ 11,873 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 151,221
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 53,035
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 449,772 | € 415,965 | € 385,781 | € 360,177 | ▼ 7% |
| Profit after taxes | € 98,970 | € 86,556 | € 80,170 | € 82,868 | ▲ 3% |
| Equity | € 764,133 | € 850,688 | € 930,858 | € 1,013,543 | ▲ 9% |
| Total debts | € 818,254 | € 768,301 | € 571,560 | € 548,474 | ▼ 4% |
| Cash | € 40,744 | € 98,856 | € 123,314 | € 53,309 | ▼ 57% |
| Land & buildings | € 7,119 | € 6,032 | € 4,946 | € 3,859 | ▼ 22% |
| Retained profit | € 702,133 | € 788,688 | € 868,858 | € 951,543 | ▲ 10% |
| Bank debt | € 186,410 | € 172,620 | € 132,474 | € 159,989 | ▲ 21% |
| Balance sheet total | € 1,582,386 | € 1,618,990 | € 1,502,418 | € 1,562,018 | ▲ 4% |
| Employees (FTE) | 4.9 | 4.8 | 3.6 | 3 | ▼ 0.6 |
Key figures of DECOVAN, 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 DECOVAN?
What happened at DECOVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 82,868 (▲ 3% vs 2024). filed late Source: NBB ↗
- Henk Vandriessche became a director. NBB
- Wout Vandriessche became a director. NBB
- Brecht Vandriessche became a director. NBB
- Marc Vandriessche became a director. NBB
- Stan Vandriessche became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 98,970 profit in 2022 to € 82,868 profit in 2025.
Paid € 138,092 in corporate taxes since 2022.
Best year ever: 2022, with € 98,970 profit.
On average € 120,100 of value added per employee in 2025.
Management
Behind DECOVAN are Henk Vandriessche, Wout Vandriessche, Brecht Vandriessche, Marc Vandriessche and Stan Vandriessche. Henk Vandriessche is also behind VIERHOOG. Wout Vandriessche is also behind Vandriessche Architecten and VIERHOOG. Brecht Vandriessche is also behind VIERHOOG.
Directors
According to the 2025 annual accounts
since 2011
since 2011
since 2011
Marc Vandriessche
Director
since 2011
since 2011
Establishments
Establishment units
Physical locations of this company
Berchemweg 236
9700 Oudenaarde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0444.491.810
- VAT number
- BE 0444.491.810
- Registered office
- Berchemweg 236, 9700 Oudenaarde
- Names & denominations
- DECOVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 1991
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
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