Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DECAT@WORK from Wevelgem, company number BE0685651329, closed financial year 2025 with a result of € 49,161 after tax. For that financial year DECAT@WORK recorded a gross margin of € 188,389 and equity of € -28,539. Compared with financial year 2024, the result moved from € 4,197 to € 49,161. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ -28,539
▲ € 49,161 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,161
▲ € 44,964 vs 2024
Profit after tax over the fiscal year.
€ 9,170
▲ 102% 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 € -34,739.
People and assets in 2025
€ 108,845
▲ 2% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,609
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 68,681
▼ 24% vs 2024
€ 13,259 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 38,598
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 809
▼ 72% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 200,210 | € 193,082 | € 136,452 | € 188,389 | ▲ 38% |
| Profit after taxes | € -30,737 | € 58,014 | € 4,197 | € 49,161 | ▲ € 44,964 |
| Equity | € -139,910 | € -81,896 | € -77,699 | € -28,539 | ▲ € 49,161 |
| Total debts | € 299,083 | € 180,684 | € 167,030 | € 108,399 | ▼ 35% |
| Cash | € 8,372 | € 6,343 | € 4,543 | € 9,170 | ▲ 102% |
| Retained profit | € -146,110 | € -88,096 | € -83,899 | € -34,739 | ▲ € 49,161 |
| Bank debt | € 120,546 | € 90,017 | € 89,803 | € 68,681 | ▼ 24% |
| Balance sheet total | € 159,173 | € 98,788 | € 89,331 | € 79,861 | ▼ 11% |
Key figures of DECAT@WORK, 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 DECAT@WORK?
What happened at DECAT@WORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 49,161 (▲ € 44,964 vs 2024). Source: NBB ↗
- New establishment in Wevelgem. KBO
- Jade Decat became a director. NBB
- Lieve Coghe became a director. NBB
- Claus Decat became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 30,737 loss in 2022 to € 49,161 profit in 2025.
Paid € 1,205 in corporate taxes since 2022.
Best year ever: 2023, with € 58,014 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind DECAT@WORK are Lieve Coghe, Jade Decat and Claus Decat.
Directors
According to the 2025 annual accounts
Lieve Coghe
Director
since 2018
Jade Decat
Director
since 2026
Claus Decat
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Menenstraat 506 box A7
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0685.651.329
- VAT number
- BE 0685.651.329
- Registered office
- Menenstraat 506 bus A7, 8560 Wevelgem
- Names & denominations
- DECAT@WORK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2017
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Landschapsverzorging
Overige werkzaamheden in verband met de afwerking van gebouwen
Schilderen van gebouwen
Schrijnwerk
Algemene reiniging van gebouwen
Sanitaire werkzaamheden