Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DECO-CARS from Poperinge, company number BE0597830103, closed financial year 2025 with a result of € 347,798 after tax. For that financial year DECO-CARS recorded a gross margin of € 832,844 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 467,892 to € 347,798. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 1.4 million
▲ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 347,798
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 188,379
▲ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
0 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
3
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 153,498
▲ 154% vs 2024
€ 51,200 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.
€ 12,467
▲ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▲ 6% vs 2024
€ 123,331 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 116,276
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 176,187
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 160,853 | € 402,255 | € 796,262 | € 832,844 | ▲ 5% |
| Profit after taxes | € 69,893 | € 228,769 | € 467,892 | € 347,798 | ▼ 26% |
| Equity | € 323,043 | € 551,011 | € 1,018,103 | € 1,365,068 | ▲ 34% |
| Total debts | € 1,656,445 | € 1,706,223 | € 2,708,550 | € 2,630,685 | ▼ 3% |
| Cash | € 3,249 | € 34,434 | € 128,301 | € 188,379 | ▲ 47% |
| Land & buildings | € 1,008,264 | € 968,338 | € 955,818 | € 921,138 | ▼ 4% |
| Retained profit | € 304,443 | € 532,411 | € 999,503 | € 1,346,468 | ▲ 35% |
| Dividend | € 800 | € 800 | € 800 | € 833 | ▲ 4% |
| Bank debt | € 1,403,124 | € 1,338,483 | € 1,873,230 | € 1,985,752 | ▲ 6% |
| Balance sheet total | € 1,979,487 | € 2,257,235 | € 3,726,653 | € 3,995,753 | ▲ 7% |
| Employees (FTE) | - | - | 1.4 | 3 | ▲ 1.6 |
Key figures of DECO-CARS, 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-CARS?
What happened at DECO-CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 347,798 (▼ 26% vs 2024). Source: NBB ↗
- New establishment in Poperinge. KBO
- Frederic Deconinck became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 69,893 profit in 2022 to € 347,798 profit in 2025.
Paid € 351,881 in corporate taxes since 2022.
Best year ever: 2024, with € 467,892 profit.
On average € 277,600 of value added per employee in 2025.
Management
Behind DECO-CARS is Frederic Deconinck.
Directors
According to the 2025 annual accounts
Frederic Deconinck
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Zuidlaan 1
8970 Poperinge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0597.830.103
- VAT number
- BE 0597.830.103
- Registered office
- Zuidlaan 1, 8970 Poperinge
- Names & denominations
- DECO-CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 2015
- Peppol
- Active · Active since 15 May 2025
- Contact
- pqcp.be
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)