Financials
Financial year 2024
DECOVAN BENELUX from Duffel, company number BE0828302497, closed financial year 2024 with a result of € 182,285 after tax. For that financial year DECOVAN BENELUX recorded a gross margin of € 1.2 million and equity of € 1.2 million. Compared with financial year 2023, the result moved from € 259,871 to € 182,285. 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 August 29, 2025.
€ 1.2 million
▲ 11% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 182,285
▼ 30% vs 2023
Profit after tax over the fiscal year.
€ 48,767
▲ € 40,385 vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 63,351 paid out
35 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
6.6
▲ 0.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 709,174
▲ 28% vs 2023
€ 107,500 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.
€ 129,554
▲ 49% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.4 million
▲ 240% vs 2023
€ 108,317 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 632,944
▼ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 47,776
▼ 38% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 779,363 | € 936,040 | € 1,068,818 | € 1,226,840 | ▲ 15% |
| Profit after taxes | € 240,714 | € 264,692 | € 259,871 | € 182,285 | ▼ 30% |
| Equity | € 618,360 | € 817,752 | € 1,077,623 | € 1,196,558 | ▲ 11% |
| Total debts | € 1,493,474 | € 1,282,840 | € 1,586,313 | € 3,414,819 | ▲ 115% |
| Cash | € 32,294 | € 80,375 | € 8,381 | € 48,767 | ▲ € 40,385 |
| Land & buildings | - | - | - | € 1,389,569 | |
| Retained profit | € 599,760 | € 797,292 | € 1,059,023 | € 1,177,958 | ▲ 11% |
| Dividend | € 62,514 | € 65,300 | € 0 | € 63,351 | |
| Bank debt | € 719,740 | € 722,630 | € 716,210 | € 2,432,578 | ▲ 240% |
| Balance sheet total | € 2,111,834 | € 2,100,592 | € 2,663,936 | € 4,611,377 | ▲ 73% |
| Employees (FTE) | 5 | 6 | 6 | 6.6 | ▲ 0.6 |
Key figures of DECOVAN BENELUX, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to DECOVAN BENELUX?
What happened at DECOVAN BENELUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 182,285 (▼ 30% vs 2023). filed late Source: NBB ↗
- New establishment in Duffel. KBO
- Meyvis & Partners Bvba BV became a director. NBB
- Zenit Services GCV Comm.V became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 240,714 profit in 2021 to € 182,285 profit in 2024.
Paid € 402,880 in corporate taxes since 2021.
Best year ever: 2022, with € 264,692 profit.
On average € 185,900 of value added per employee in 2024.
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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 DECOVAN BENELUX are Meyvis & Partners Bvba BV and Zenit Services GCV Comm.V. It owns 100% of Decovan Luxembourg sarl itself.
Directors
According to the 2024 annual accounts
Director · represented by Jan Meyvis
since 2010
Director · represented by Jurgen Wieselblad
since 2010
Establishments
Establishment units
Physical locations of this company
Walemstraat 88D
2570 Duffel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0828.302.497
- VAT number
- BE 0828.302.497
- Registered office
- Walemstraat 88D, 2570 Duffel
- Names & denominations
- DECOVAN BENELUX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 2010
- Peppol
- Active · Active since 5 Sept 2025
- Activities · NACE
Groothandel in gereedschapswerktuigen
Handelsbemiddeling in de niet-gespecialiseerde groothandel