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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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2026; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 22.1 to 16.
Financials
Financial year 2026
DEKOCANDLE from Mouscron, company number BE0461966161, closed financial year 2026 with a result of € -526,820 after tax. For that financial year DEKOCANDLE recorded a gross margin of € 424,086 and equity of € 437,116. Compared with financial year 2025, the result moved from € -578,021 to € -526,820. The company made a loss. The buffer shrank hard: equity is 55 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 26, 2026.
€ 437,116
▼ 55% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -526,820
▲ 9 % less loss than in 2025
Profit after tax over the fiscal year.
€ 115,889
▼ 23% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 12,326.
People and assets in 2026
16
▼ 3.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 767,765
▼ 13% vs 2025
€ 48,000 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.
€ 18,634
▼ 68% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 670,104
▲ 8% vs 2025
€ 28,385 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 513,695
▼ 20% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 144,663
▼ 25% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,250,729 | € 1,035,596 | € 423,534 | € 424,086 | |
| Profit after taxes | € 99,336 | € -8,953 | € -578,021 | € -526,820 | ▲ € 51,201 |
| Equity | € 1,550,999 | € 1,541,956 | € 963,935 | € 437,116 | ▼ 55% |
| Total debts | € 1,575,067 | € 1,579,642 | € 1,674,201 | € 1,559,695 | ▼ 7% |
| Cash | € 249,767 | € 179,371 | € 150,470 | € 115,889 | ▼ 23% |
| Land & buildings | € 280,045 | € 255,754 | € 234,656 | € 215,927 | ▼ 8% |
| Retained profit | € 1,126,120 | € 1,117,166 | € 539,146 | € 12,326 | ▼ 98% |
| Bank debt | € 590,612 | € 666,697 | € 622,641 | € 670,104 | ▲ 8% |
| Balance sheet total | € 3,126,066 | € 3,121,597 | € 2,638,136 | € 1,996,811 | ▼ 24% |
| Employees (FTE) | 19.9 | 22.1 | 19.1 | 16 | ▼ 3.1 |
Key figures of DEKOCANDLE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to DEKOCANDLE?
What happened at DEKOCANDLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 526,820. Source: NBB ↗
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 99,336 profit in 2023 to € 526,820 loss in 2026.
Paid € 55,295 in corporate taxes since 2023.
Best year ever: 2023, with € 99,336 profit.
On average € 26,500 of value added per employee in 2026.
Management
The stake of HOLDAST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DEKOCANDLEBehind DEKOCANDLE are David Soens and Steve Soens. The shares are held by HOLDAST (100%).
Establishments
Establishment units
Physical locations of this company
Jacquetboslaan(D) 5
7711 Mouscron
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.966.161
- VAT number
- BE 0461.966.161
- Registered office
- Jacquetboslaan(D) 5, 7711 Mouscron
- Names & denominations
- DEKOCANDLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 1997
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
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