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 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PPL-Decosil from Torhout, company number BE0871957150, closed financial year 2025 with a result of € 16,574 after tax. For that financial year PPL-Decosil recorded a gross margin of € 69,285 and equity of € 416,813. Compared with financial year 2024, the result moved from € 35,527 to € 16,574. 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 31, 2026.
€ 416,813
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,574
▼ 53% vs 2024
Profit after tax over the fiscal year.
€ 3,728
▲ 48% 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 € 316,813.
Debts at end 2025
€ 519,417
▼ 12% vs 2024
€ 58,667 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 7,184
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,760
▲ 38% 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 | € 86,721 | € 80,834 | € 84,332 | € 69,285 | ▼ 18% |
| Profit after taxes | € 39,869 | € 38,859 | € 35,527 | € 16,574 | ▼ 53% |
| Equity | € 325,853 | € 364,712 | € 400,238 | € 416,813 | ▲ 4% |
| Total debts | € 927,572 | € 871,311 | € 1,066,291 | € 1,042,277 | ▼ 2% |
| Cash | € 11,101 | € 16,309 | € 2,527 | € 3,728 | ▲ 48% |
| Land & buildings | € 563,624 | € 547,014 | € 597,531 | € 653,705 | ▲ 9% |
| Retained profit | € 225,853 | € 264,712 | € 300,238 | € 316,813 | ▲ 6% |
| Bank debt | € 491,294 | € 416,645 | € 587,829 | € 519,417 | ▼ 12% |
| Balance sheet total | € 1,253,425 | € 1,236,023 | € 1,466,530 | € 1,459,090 | ▼ 1% |
Key figures of PPL-Decosil, 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 PPL-Decosil?
What happened at PPL-Decosil in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,574 (▼ 53% vs 2024). filed late Source: NBB ↗
- Silobouw Decock P. BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Torhout. KBO
In short
From € 39,869 profit in 2022 to € 16,574 profit in 2025.
Paid € 45,222 in corporate taxes since 2022.
Best year ever: 2022, with € 39,869 profit.
Management
Behind PPL-Decosil is Silobouw Decock P. BV.
Directors
According to the 2025 annual accounts
Director · represented by Pieter Decock
since 2018
Establishments
Establishment units
Physical locations of this company
Oude Gentweg 39
8820 Torhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0871.957.150
- VAT number
- BE 0871.957.150
- Registered office
- Oude Gentweg 39, 8820 Torhout
- Names & denominations
- PPL-Decosil
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 February 2005
- Peppol
- Active · Active since 28 Jan 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen