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 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DECLAR from Modave, company number BE0683630957, closed financial year 2025 with a result of € 19,608 after tax. For that financial year DECLAR recorded a gross margin of € 32,941 and equity of € 122,913. Compared with financial year 2024, the result moved from € 21,383 to € 19,608. 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 July 6, 2026.
€ 122,913
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,608
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 4,080
▼ 58% 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 € 116,713.
People and assets in 2025
€ 1,015
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 175,438
▼ 14% vs 2024
€ 31,090 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 24,846
▲ € 21,416 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,631
▼ 6% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 52,945 | € 55,570 | € 48,705 | € 32,941 | ▼ 32% |
| Profit after taxes | € 20,216 | € 10,545 | € 21,383 | € 19,608 | ▼ 8% |
| Equity | € 71,377 | € 81,922 | € 103,305 | € 122,913 | ▲ 19% |
| Total debts | € 299,231 | € 286,596 | € 248,971 | € 243,196 | ▼ 2% |
| Cash | € 4,868 | € 6,102 | € 9,730 | € 4,080 | ▼ 58% |
| Retained profit | € 65,177 | € 75,722 | € 97,105 | € 116,713 | ▲ 20% |
| Bank debt | € 257,506 | € 230,385 | € 203,034 | € 175,438 | ▼ 14% |
| Balance sheet total | € 370,609 | € 368,519 | € 352,276 | € 366,109 | ▲ 4% |
| Employees (FTE) | 1.3 | 2.7 | 0.8 | - |
Key figures of DECLAR, 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 DECLAR?
What happened at DECLAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,608 (▼ 8% vs 2024). Source: NBB ↗
- New establishment in Liège. KBO
- New establishment in Modave. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,216 profit in 2022 to € 19,608 profit in 2025.
Paid € 30,912 in corporate taxes since 2022.
Best year ever: 2024, with € 21,383 profit.
On average € 20,600 of value added per employee in 2023.
Management
Behind DECLAR are Sébastien Clair and Pierre Clair. It owns 100% of JETELO itself.
Establishments
Establishment units
Physical locations of this company
Rue Ferrée 5
4577 Modave
Rue Auguste-Buisseret 46
4000 Liège
Active since 1 September 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0683.630.957
- VAT number
- BE 0683.630.957
- Registered office
- Rue Ferrée 5, 4577 Modave
- Names & denominations
- DECLAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2017
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Activiteiten van slachthuizen
Verwerking en conservering van vlees, exclusief vlees van gevogelte
Metselwerk
Vervaardiging van producten van vlees of van vlees van gevogelte
Verwerking en conservering van vlees van gevogelte
Overige zakelijke dienstverlening, neg
Slopen
Uitvoeren van metsel- en voegwerken