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 37 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 1.9 to 1.2.
Financials
Financial year 2025
Deconinck from Zwevegem, company number BE0729612422, closed financial year 2025 with a result of € 15,854 after tax. For that financial year Deconinck recorded a gross margin of € 222,273 and equity of € 287,845. Compared with financial year 2024, the result moved from € 11,885 to € 15,854. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 287,845
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,854
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 53,624
▼ 45% 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 € 282,845.
People and assets in 2025
1.2
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 84,625
▼ 23% vs 2024
€ 70,500 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.
€ 12,949
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 409,646
▼ 49% vs 2024
Loans from banks and other lenders, long and short.
€ 33,739
▲ 216% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,527
▼ 68% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 244,900 | € 257,988 | € 218,429 | € 222,273 | ▲ 2% |
| Profit after taxes | € 65,699 | € 19,452 | € 11,885 | € 15,854 | ▲ 33% |
| Equity | € 240,685 | € 260,107 | € 271,992 | € 287,845 | ▲ 6% |
| Total debts | € 1,086,430 | € 1,745,309 | € 1,633,507 | € 1,576,553 | ▼ 3% |
| Cash | € 5,422 | € 34,758 | € 97,342 | € 53,624 | ▼ 45% |
| Land & buildings | - | - | € 21,536 | € 18,838 | ▼ 13% |
| Retained profit | € 235,685 | € 255,107 | € 266,992 | € 282,845 | ▲ 6% |
| Bank debt | € 313,122 | € 824,779 | € 800,000 | € 409,646 | ▼ 49% |
| Balance sheet total | € 1,327,115 | € 2,005,416 | € 1,905,499 | € 1,864,398 | ▼ 2% |
| Employees (FTE) | 1.9 | 1.9 | 1.6 | 1.2 | ▼ 0.4 |
Key figures of Deconinck, 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 Deconinck?
What happened at Deconinck in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,854 (▲ 33% vs 2024). Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,699 profit in 2022 to € 15,854 profit in 2025.
Paid € 30,660 in corporate taxes since 2022.
Best year ever: 2022, with € 65,699 profit.
On average € 185,200 of value added per employee in 2025.
Management
Behind Deconinck are Marc Deconinck and Neal Deconinck. The same people are also behind Deconinck Invest.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Avelgemstraat(Z) 190
8550 Zwevegem
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
HETZNER-AS, DE
Domain
Domain
garage-deconinck.be
Registered
2010-11-15
Website info
Features
Security
Details
- Company number
- 0729.612.422
- VAT number
- BE 0729.612.422
- Registered office
- Avelgemstraat(Z) 190, 8550 Zwevegem
- Names & denominations
- Deconinck
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2019
- Peppol
- Active · Active since 6 Mar 2025
- Contact
- garage-deconinck.be [email protected]
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