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 53 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 6.6 to 4.9.
Financials
Financial year 2025
DECXAN PLASTICS from Oudenaarde, company number BE0649801218, closed financial year 2025 with a result of € -6,962 after tax. For that financial year DECXAN PLASTICS recorded a gross margin of € 452,705 and equity of € 163,640. Compared with financial year 2024, the result moved from € 10,944 to € -6,962. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 163,640
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,962
▼ still € 10,944 profit in 2024
Profit after tax over the fiscal year.
€ 2,740
▲ 107% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 145,090.
People and assets in 2025
4.9
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 366,133
▼ 3% vs 2024
€ 74,700 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.
€ 68,019
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 437,457
▼ 11% vs 2024
€ 47,573 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 353,963
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,683
▼ 25% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 489,923 | € 481,390 | € 491,873 | € 452,705 | ▼ 8% |
| Profit after taxes | € 57,392 | € 2,480 | € 10,944 | € -6,962 | ▼ € 17,906 |
| Equity | € 157,178 | € 159,658 | € 170,602 | € 163,640 | ▼ 4% |
| Total debts | € 809,009 | € 744,122 | € 773,396 | € 847,317 | ▲ 10% |
| Cash | € 55,142 | € 19,185 | € 1,325 | € 2,740 | ▲ 107% |
| Land & buildings | € 384,155 | € 369,835 | € 426,888 | € 407,583 | ▼ 5% |
| Retained profit | € 138,628 | € 141,108 | € 152,052 | € 145,090 | ▼ 5% |
| Bank debt | € 461,673 | € 379,296 | € 492,238 | € 437,457 | ▼ 11% |
| Balance sheet total | € 966,187 | € 903,780 | € 943,997 | € 1,010,957 | ▲ 7% |
| Employees (FTE) | 6.3 | 6.6 | 5.5 | 4.9 | ▼ 0.6 |
Key figures of DECXAN PLASTICS, 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 DECXAN PLASTICS?
What happened at DECXAN PLASTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,962 (▼ € 17,906 vs 2024). Source: NBB ↗
- Immo Q & L BV became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 57,392 profit in 2022 to € 6,962 loss in 2025.
Paid € 67,529 in corporate taxes since 2022.
Best year ever: 2022, with € 57,392 profit.
On average € 92,400 of value added per employee in 2025.
Management
The stake of Immo Q & L comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DECXAN PLASTICSBehind DECXAN PLASTICS is Immo Q & L BV. The shares are held by Immo Q & L (25.1%).
Directors
According to the 2025 annual accounts
Director · represented by Andrew DE CLERCQ
since 2023
Shareholders
25.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bekemolen 1
9700 Oudenaarde
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0649.801.218
- VAT number
- BE 0649.801.218
- Registered office
- Bekemolen 1, 9700 Oudenaarde
- Names & denominations
- DECXAN PLASTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 2016
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- decxan.be
- Activities · NACE
Schrijnwerk
Glaszetten
Groothandel in vlakglas