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 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DECOBU from Aalter, company number BE0456956409, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year DECOBU recorded revenue of € 1.7 million and equity of € 13.9 million. Compared with financial year 2024, the result moved from € 5.2 million to € 1.7 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 13.9 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▼ 67% vs 2024
Profit after tax over the fiscal year.
€ 200,273
▲ 194% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
9.2
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 763,556
€ 83,000 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.
€ 276,265
▲ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 421,667
▼ 15% vs 2024
€ 73,333 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 190,941
▲ € 145,200 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 181 days on average.
€ 310,368
▲ 161% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,551,285 | € 1,548,535 | € 1,517,091 | € 1,678,147 | ▲ 11% |
| Profit after taxes | € 1,682,288 | € 1,337,861 | € 5,158,396 | € 1,691,770 | ▼ 67% |
| Equity | € 7,733,686 | € 9,071,547 | € 14,229,944 | € 13,921,714 | ▼ 2% |
| Total debts | € 8,180,615 | € 6,350,864 | € 1,648,407 | € 2,925,207 | ▲ 77% |
| Cash | € 83,924 | € 13,139 | € 68,208 | € 200,273 | ▲ 194% |
| Retained profit | € 6,733,686 | € 8,071,547 | € 13,229,944 | € 12,921,714 | ▼ 2% |
| Dividend | € 0 | € 0 | € 0 | € 2,000,000 | |
| Bank debt | € 641,667 | € 568,334 | € 495,000 | € 421,667 | ▼ 15% |
| Balance sheet total | € 16,203,617 | € 15,711,727 | € 15,878,351 | € 16,846,921 | ▲ 6% |
| Employees (FTE) | 7.8 | 9.9 | 10.5 | 9.2 | ▼ 1.3 |
Key figures of DECOBU, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to DECOBU?
What happened at DECOBU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.7 million (▼ 67% vs 2024). Source: NBB ↗
- Buyse COEN stepped down as director. NBB
- Buyse PHILIPPE stepped down as director. NBB
- Haesaert HILDE stepped down as director. NBB
- Claeys NATHALIE stepped down as director. NBB
- Buyse COEN became a director. NBB
- Buyse PHILIPPE became a director. NBB
- Haesaert HILDE became a director. NBB
In short
From € 1.7 million profit in 2022 to € 1.7 million profit in 2025.
Paid € 106,431 in corporate taxes since 2022.
Best year ever: 2024, with € 5.2 million profit.
Paid out € 2 million in dividends to the owners in total.
Management
It owns 100% of Decobu Immo NV, 100% of Desart Industries NV and 100% of Buyse Decolletage NV itself.
Directors
According to the 2025 annual accounts
Buyse COEN
Managing director
since 2019 · until 2025
since 2019 · until 2025
Haesaert HILDE
Director
since 2019 · until 2025
Claeys NATHALIE
Director
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Venecolaan 9
9880 Aalter
Venecolaan 11
9880 Aalter
Active since 8 February 1996
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
- 0456.956.409
- VAT number
- BE 0456.956.409
- Registered office
- Venecolaan 9, 9880 Aalter
- Names & denominations
- DECOBU
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1995
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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