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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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DECOSA from Knokke-Heist, company number BE0446085677, closed financial year 2025 with a result of € 2,398 after tax. For that financial year DECOSA recorded a gross margin of € 32,799 and equity of € 439,972. Compared with financial year 2024, the result moved from € 15,253 to € 2,398. The company is profitable. The buffer shrank hard: equity is 56 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.
€ 439,972
▼ 56% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,398
▼ 84% vs 2024
Profit after tax over the fiscal year.
€ 12,342
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 571,604 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 1,152
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 331
Supplier invoices still open on the last day of the fiscal year.
€ 2,000
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,772 | € 36,164 | € 36,677 | € 32,799 | ▼ 11% |
| Profit after taxes | € -45,222 | € 12,680 | € 15,253 | € 2,398 | ▼ 84% |
| Equity | € 981,245 | € 993,925 | € 1,009,178 | € 439,972 | ▼ 56% |
| Total debts | € 141,307 | € 125,596 | € 106,422 | € 647,413 | ▲ € 540,990 |
| Cash | € 25,551 | € 20,377 | € 22,797 | € 12,342 | ▼ 46% |
| Land & buildings | € 427,622 | € 505,832 | € 482,573 | € 465,656 | ▼ 4% |
| Retained profit | € 919,745 | € 932,425 | € 947,678 | € 378,472 | ▼ 60% |
| Dividend | € 0 | € 0 | € 0 | € 571,604 | |
| Balance sheet total | € 1,122,552 | € 1,119,521 | € 1,115,601 | € 1,087,385 | ▼ 3% |
Key figures of DECOSA, 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 DECOSA?
What happened at DECOSA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,398 (▼ 84% vs 2024). Source: NBB ↗
- Annie Decoene became a director. NBB
- Pieter Cosaert became a director. NBB
- Katrien Cosaert became a director. NBB
- Bart Cosaert became a director. NBB
- Jan Cosaert became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,222 loss in 2022 to € 2,398 profit in 2025.
Best year ever: 2024, with € 15,253 profit.
Paid out € 571,604 in dividends to the owners in total.
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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 DECOSA are Annie Decoene, Pieter Cosaert, Katrien Cosaert, Bart Cosaert and Jan Cosaert. Pieter Cosaert is also behind TECHNIFLOOR, HAPOC and Cosame. Bart Cosaert is also behind Cosaert & Co and COSAERT BART.
Directors
According to the 2025 annual accounts
Annie Decoene
Director
since 2022
since 2022
Katrien Cosaert
Director
since 2022
since 2022
since 2022
Establishments
Establishment units
Physical locations of this company
Zoutelaan 221
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.085.677
- VAT number
- BE 0446.085.677
- Registered office
- Zoutelaan 221, 8300 Knokke-Heist
- Names & denominations
- DECOSA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 1991
- Peppol
- Active · Active since 15 Apr 2026