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 23 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
DECOCARS KUURNE from Kuurne, company number BE0479114672, closed financial year 2025 with a result of € 156,867 after tax. For that financial year DECOCARS KUURNE recorded a gross margin of € 1.6 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 482,881 to € 156,867. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 7, 2026.
€ 2.1 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 156,867
▼ 68% vs 2024
Profit after tax over the fiscal year.
€ 467,937
▼ 19% 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 € 1.8 million.
People and assets in 2025
17
▲ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 8% vs 2024
€ 60,800 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.
€ 325,295
▲ 73% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▼ 10% vs 2024
€ 151,207 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1.8 million
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 231,587
▼ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,181,341 | € 1,642,114 | € 1,891,983 | € 1,596,125 | ▼ 16% |
| Profit after taxes | € 256,748 | € 312,920 | € 482,881 | € 156,867 | ▼ 68% |
| Equity | € 1,338,575 | € 1,700,062 | € 1,928,731 | € 2,085,598 | ▲ 8% |
| Total debts | € 2,466,019 | € 3,382,163 | € 3,177,357 | € 3,769,026 | ▲ 19% |
| Cash | € 211,980 | € 372,371 | € 577,175 | € 467,937 | ▼ 19% |
| Land & buildings | € 1,067,449 | € 951,124 | € 1,394,650 | € 1,400,619 | |
| Retained profit | € 1,077,516 | € 1,390,436 | € 1,619,106 | € 1,775,973 | ▲ 10% |
| Dividend | € 0 | € 0 | € 254,211 | € 0 | ▼ 100% |
| Bank debt | € 921,670 | € 1,268,395 | € 1,309,493 | € 1,184,080 | ▼ 10% |
| Balance sheet total | € 3,804,594 | € 5,082,225 | € 5,106,088 | € 5,854,624 | ▲ 15% |
| Employees (FTE) | 12.2 | 13.4 | 14.9 | 17 | ▲ 2.1 |
Key figures of DECOCARS KUURNE, 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 DECOCARS KUURNE?
What happened at DECOCARS KUURNE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stefaan De Cock stepped down as director. NBB
- Car Planet BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 156,867 (▼ 68% vs 2024). Source: NBB ↗
- New establishment in Kuurne. KBO
- Stefaan De Cock became a director. NBB
- Car Planet BV became a director. NBB
- New establishment in Waregem. KBO
- New establishment in Kuurne. KBO
In short
From € 256,748 profit in 2022 to € 156,867 profit in 2025.
Paid € 538,297 in corporate taxes since 2022.
Best year ever: 2024, with € 482,881 profit.
On average € 93,900 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Director · represented by Dendauw Kelly
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 352
8520 Kuurne
Deerlijkseweg 57
8790 Waregem
Active since 1 December 2021
Brugsesteenweg 356
8520 Kuurne
Active since 1 January 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.114.672
- VAT number
- BE 0479.114.672
- Registered office
- Brugsesteenweg 352, 8520 Kuurne
- Names & denominations
- DECOCARS KUURNE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2002
- Peppol
- Active · Active since 3 Jul 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Detailhandel in motorvoertuigen
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