What does DECO Subsea do?

DECO Subsea is a civil engineering contractor in Brugge. Public Limited, started on 6 March 1996, 1 establishment.

What is the address of DECO Subsea?

The registered office of DECO Subsea is located at Peraltastraat 5, 8000 Brugge.

Is DECO Subsea still active?

Yes. According to the CBE (29 October 2026) DECO Subsea is active, legal situation “Normale toestand”, started on 6 March 1996.

Is DECO Subsea registered on Peppol?

Yes, DECO Subsea is registered on the Peppol network with ID 0208:0457421514.

What is the enterprise number of DECO Subsea?

The enterprise number of DECO Subsea is BE0457421514.

When was DECO Subsea founded?

DECO Subsea was founded on 6 March 1996.

Who are the directors of DECO Subsea?

According to the 2025 annual accounts, the directors of DECO Subsea are: CLH BV, KVS Consulting, Willem de Schipper.

Is DECO Subsea a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 March 1996; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did DECO Subsea make in 2025?

DECO Subsea recorded a loss after taxes of € 1,052,759 in financial year 2025.

What is the revenue of DECO Subsea?

In its most recent annual accounts (2025), DECO Subsea reported revenue of € 7,362,963.

How much does an employee at DECO Subsea earn?

The average wage cost per full-time employee at DECO Subsea was € 85,300 in 2025: staff costs of € 588,246 for 6.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DECO Subsea have?

According to the 2025 annual accounts, DECO Subsea has 6.9 full-time equivalents (FTE).

Does DECO Subsea have a website?

Yes, DECO Subsea has a website at deco-subsea.be.

DECO Subsea (Public Limited) - Brugge - BE0457421514

Dossier DECO Subsea, printed on 29 October 2026 from databakkes.be/en/0457421514/deco-subsea. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

DECO Subsea from Brugge, company number BE0457421514, closed financial year 2025 with a result of € -1.1 million after tax. For that financial year DECO Subsea recorded revenue of € 7.4 million and equity of € 3.5 million. Compared with financial year 2024, the result moved from € 851,276 to € -1.1 million. The company made a loss. 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 July 6, 2026.

What it is worth Healthy

€ 3.5 million

▼ 23% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.1 million

▼ still € 851,276 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 442,408

▼ 74% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 2.7 million.

People and assets in 2025

Full-time equivalents

6.9

▼ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.5 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 588,246

▼ 7% vs 2024

€ 85,300 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.

Vehicles and equipment

€ 90,488

▼ 40% vs 2024

Of which on lease € 44,241.

Debts at end 2025

Bank debt ≈ 1 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 454,400

▼ 48% vs 2024

€ 344,895 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 1.4 million

▲ 33% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 70 days on average.

Taxes and wages

€ 80,884

▲ 64% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 10,834,121 Revenue 2022: € 10,834,121 First fiscal year in the series	€ 11,386,546 Revenue 2023: € 11,386,546 ▲ 5% vs 2022 (€ 10,834,121) Favourable step	€ 10,535,257 Revenue 2024: € 10,535,257 ▼ 7% vs 2023 (€ 11,386,546) Unfavourable step	€ 7,362,963 Revenue 2025: € 7,362,963 ▼ 30% vs 2024 (€ 10,535,257) Unfavourable step	▼ 30%
Profit after taxes	€ 543,510 Profit after taxes 2022: € 543,510 First fiscal year in the series	€ 811,169 Profit after taxes 2023: € 811,169 ▲ 49% vs 2022 (€ 543,510) Favourable step	€ 851,276 Profit after taxes 2024: € 851,276 ▲ 5% vs 2023 (€ 811,169) Favourable step	€ -1,052,759 Profit after taxes 2025: € -1,052,759 ▼ € 1.9 million vs 2024 (€ 851,276) Unfavourable step	▼ € 1.9 million
Equity	€ 3,183,160 Equity 2022: € 3,183,160 First fiscal year in the series	€ 3,844,330 Equity 2023: € 3,844,330 ▲ 21% vs 2022 (€ 3,183,160) Favourable step	€ 4,545,605 Equity 2024: € 4,545,605 ▲ 18% vs 2023 (€ 3,844,330) Favourable step	€ 3,492,846 Equity 2025: € 3,492,846 ▼ 23% vs 2024 (€ 4,545,605) Unfavourable step	▼ 23%
Total debts	€ 2,472,145 Total debts 2022: € 2,472,145 First fiscal year in the series	€ 3,624,275 Total debts 2023: € 3,624,275 ▲ 47% vs 2022 (€ 2,472,145) Unfavourable step	€ 2,124,232 Total debts 2024: € 2,124,232 ▼ 41% vs 2023 (€ 3,624,275) Favourable step	€ 2,171,090 Total debts 2025: € 2,171,090 ▲ 2% vs 2024 (€ 2,124,232) Unfavourable step	▲ 2%
Cash	€ 730,492 Cash 2022: € 730,492 First fiscal year in the series	€ 1,479,383 Cash 2023: € 1,479,383 ▲ 103% vs 2022 (€ 730,492) Favourable step	€ 1,702,627 Cash 2024: € 1,702,627 ▲ 15% vs 2023 (€ 1,479,383) Favourable step	€ 442,408 Cash 2025: € 442,408 ▼ 74% vs 2024 (€ 1,702,627) Unfavourable step	▼ 74%
Land & buildings	€ 1,353,035 Land & buildings 2022: € 1,353,035 First fiscal year in the series	€ 1,286,277 Land & buildings 2023: € 1,286,277 ▼ 5% vs 2022 (€ 1,353,035) Unchanged	€ 1,224,697 Land & buildings 2024: € 1,224,697 ▼ 5% vs 2023 (€ 1,286,277) Unchanged	€ 1,163,118 Land & buildings 2025: € 1,163,118 ▼ 5% vs 2024 (€ 1,224,697) Unchanged	▼ 5%
Retained profit	€ 2,396,229 Retained profit 2022: € 2,396,229 First fiscal year in the series	€ 3,057,399 Retained profit 2023: € 3,057,399 ▲ 28% vs 2022 (€ 2,396,229) Favourable step	€ 3,758,674 Retained profit 2024: € 3,758,674 ▲ 23% vs 2023 (€ 3,057,399) Favourable step	€ 2,705,915 Retained profit 2025: € 2,705,915 ▼ 28% vs 2024 (€ 3,758,674) Unfavourable step	▼ 28%
Dividend	€ 150,000 Dividend 2022: € 150,000 First fiscal year in the series	€ 150,000 Dividend 2023: € 150,000 Unchanged (€ 150,000) Unchanged	€ 150,000 Dividend 2024: € 150,000 Unchanged (€ 150,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 150,000) Unchanged	▼ 100%
Bank debt	€ 862,776 Bank debt 2022: € 862,776 First fiscal year in the series	€ 1,370,334 Bank debt 2023: € 1,370,334 ▲ 59% vs 2022 (€ 862,776) Unfavourable step	€ 877,029 Bank debt 2024: € 877,029 ▼ 36% vs 2023 (€ 1,370,334) Favourable step	€ 454,400 Bank debt 2025: € 454,400 ▼ 48% vs 2024 (€ 877,029) Favourable step	▼ 48%
Balance sheet total	€ 5,852,187 Balance sheet total 2022: € 5,852,187 First fiscal year in the series	€ 7,622,913 Balance sheet total 2023: € 7,622,913 ▲ 30% vs 2022 (€ 5,852,187) Unchanged	€ 6,802,576 Balance sheet total 2024: € 6,802,576 ▼ 11% vs 2023 (€ 7,622,913) Unchanged	€ 5,785,007 Balance sheet total 2025: € 5,785,007 ▼ 15% vs 2024 (€ 6,802,576) Unchanged	▼ 15%
Employees (FTE)	5 Employees (FTE) 2022: 5 First fiscal year in the series	6.6 Employees (FTE) 2023: 6.6 ▲ 1.6 vs 2022 (5) Unchanged	7.2 Employees (FTE) 2024: 7.2 ▲ 0.6 vs 2023 (6.6) Unchanged	6.9 Employees (FTE) 2025: 6.9 ▼ 0.3 vs 2024 (7.2) Unchanged	▼ 0.3

Key figures of DECO Subsea, 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 Subsea?

What happened at DECO Subsea in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 6, 2026 New annual accounts for financial year 2025: loss of € 1.1 million (▼ € 1.9 million vs 2024). Source: NBB ↗
2026 CLH BV stepped down as director. NBB
2026 KVS Consulting stepped down as director. NBB
2026 Willem de Schipper stepped down as director. NBB
2023 CLH BV became a director. NBB
2023 KVS Consulting became a director. NBB
2023 Willem de Schipper became a director. NBB
Apr 4, 1996 New establishment in Brugge. KBO

In short

From € 543,510 profit in 2022 to € 1.1 million loss in 2025.

Paid € 244,421 in corporate taxes since 2022.

Best year ever: 2024, with € 851,276 profit.

Paid out € 450,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

GHENT DREDGING 90%

The stake of GHENT DREDGING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

DECO Subsea

Maraqua 100%

The shares are held by GHENT DREDGING (90%). It owns 100% of Maraqua itself.

Directors

According to the 2025 annual accounts

CLH BV

Managing director · represented by Christian Lechouck

since 2023 · until 2026

KVS Consulting

Director · represented by Koen Van Steendam

since 2023 · until 2026

Willem de Schipper

Director

Also active at: GHENT DREDGING, NAUTA, MARAQUA

since 2023 · until 2026

Shareholders

GHENT DREDGING

90%

Participations

Maraqua

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Peraltastraat 5

8000 Brugge

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 →

MARAQUA same network

€ 1 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS deco-subsea.be

Canonical: https://www.deco-subsea.be/

About

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ISO 9001

Hosting & Email

Email provider

Microsoft 365

Hosting

AMAZON-AES - Amazon.com, Inc., US

Website info

HTTPS Ja

Indexable pages 16

Languages EN

Features

Contact page

Security

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Network

✓ Load balancing

Details

Company number

0457.421.514

VAT number

BE 0457.421.514

Registered office

Peraltastraat 5, 8000 Brugge

Names & denominations

DECO Subsea

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

6 March 1996

Peppol

Active · Active since 3 Jul 2025

Contact

deco-subsea.be [email protected] +32 50 31 10 92

Activities · NACE

Waterbouw, muv baggerwerken

Overige waterbouw

View on CBE Public ↗ Annual accounts (NBB) ↗

DECO Subsea

Financials

What happened to DECO Subsea?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Certifications & Partners

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions