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 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DECAVO from Ledegem, company number BE0744404922, closed financial year 2025 with a result of € 46,243 after tax. For that financial year DECAVO recorded a gross margin of € 138,321 and equity of € 209,236. Compared with financial year 2024, the result moved from € 63,362 to € 46,243. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 28, 2026.
€ 209,236
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,243
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 2,263
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,718 paid out
4 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 34,143
▲ 151% 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.
€ 78,136
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 116,608
▼ 17% vs 2024
€ 81,892 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 417
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,791
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 55,555 | € 95,398 | € 126,780 | € 138,321 | ▲ 9% |
| Profit after taxes | € 32,294 | € 54,438 | € 63,362 | € 46,243 | ▼ 27% |
| Equity | € 50,111 | € 102,949 | € 164,711 | € 209,236 | ▲ 27% |
| Total debts | € 335,661 | € 304,092 | € 323,509 | € 244,321 | ▼ 24% |
| Cash | € 37,256 | € 6,833 | € 21,990 | € 2,263 | ▼ 90% |
| Retained profit | € 45,111 | € 97,949 | € 159,711 | € 204,236 | ▲ 28% |
| Dividend | € 1,600 | € 1,600 | € 1,600 | € 1,718 | ▲ 7% |
| Bank debt | € 78,620 | € 100,953 | € 140,470 | € 116,608 | ▼ 17% |
| Balance sheet total | € 385,772 | € 407,041 | € 488,220 | € 453,557 | ▼ 7% |
Key figures of DECAVO, 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 DECAVO?
What happened at DECAVO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,243 (▼ 27% vs 2024). Source: NBB ↗
- New establishment in Ledegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,294 profit in 2022 to € 46,243 profit in 2025.
Paid € 71,889 in corporate taxes since 2022.
Best year ever: 2024, with € 63,362 profit.
Paid out € 6,518 in dividends to the owners in total.
Management
Behind DECAVO are Niels DECAPMAKER and Stefanie DEVOLDER. It owns 50% of Steniema itself.
Directors
According to the 2025 annual accounts
Niels DECAPMAKER
Director
Stefanie DEVOLDER
Director
Establishments
Establishment units
Physical locations of this company
Rollegemstraat 191
8880 Ledegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0744.404.922
- VAT number
- BE 0744.404.922
- Registered office
- Rollegemstraat 191, 8880 Ledegem
- Names & denominations
- DECAVO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2020
- Peppol
- Active · Active since 2 Jul 2025
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