Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DECO from Lochristi, company number BE0446084489, closed financial year 2025 with a result of € 3,455 after tax. For that financial year DECO recorded a gross margin of € 207,218 and equity of € 585,332. Compared with financial year 2024, the result moved from € -20,389 to € 3,455. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 585,332
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,455
▲ still € 20,389 loss in 2024
Profit after tax over the fiscal year.
€ 416,684
▲ € 388,392 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 € 418,712.
People and assets in 2025
€ 7,021
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▲ 170% vs 2024
€ 100,000 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 929
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,984
▲ 22% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 178,287 | € 175,183 | € 192,089 | € 207,218 | ▲ 8% |
| Profit after taxes | € 60,271 | € 61,007 | € -20,389 | € 3,455 | ▲ € 23,844 |
| Equity | € 541,476 | € 602,265 | € 581,876 | € 585,332 | ▲ 1% |
| Total debts | € 668,188 | € 434,107 | € 1,569,142 | € 2,380,932 | ▲ 52% |
| Cash | € 417,652 | € 236,261 | € 28,292 | € 416,684 | ▲ € 388,392 |
| Land & buildings | € 769,902 | € 782,981 | € 2,086,018 | € 2,538,589 | ▲ 22% |
| Retained profit | € 374,638 | € 435,646 | € 415,257 | € 418,712 | ▲ 1% |
| Bank debt | € 0 | € 0 | € 519,549 | € 1,400,856 | ▲ 170% |
| Balance sheet total | € 1,209,738 | € 1,036,372 | € 2,151,018 | € 2,966,264 | ▲ 38% |
Key figures of DECO, 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 DECO?
What happened at DECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,455. Source: NBB ↗
- New establishment in Lochristi. KBO
- Linda Coolsaet became a director. NBB
- Etienne De Stercke became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 60,271 profit in 2022 to € 3,455 profit in 2025.
Paid € 67,988 in corporate taxes since 2022.
Best year ever: 2023, with € 61,007 profit.
Management
Behind DECO are Linda Coolsaet and Etienne De Stercke.
Directors
According to the 2025 annual accounts
Linda Coolsaet
Director
since 1991
Etienne De Stercke
Director
since 1991
Establishments
Establishment units
Physical locations of this company
Kasseitje 103
9080 Lochristi
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.084.489
- VAT number
- BE 0446.084.489
- Registered office
- Kasseitje 103, 9080 Lochristi
- Names & denominations
- DECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1991
- Peppol
- Active · Active since 11 Aug 2025