Financials
Financial year 2025
DECOSPAN from Menen, company number BE0889710328, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year DECOSPAN recorded revenue of € 164.1 million and equity of € 54.4 million. Compared with financial year 2024, the result moved from € 6.5 million to € 1.1 million. 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 July 14, 2026.
€ 54.4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 83% vs 2024
Profit after tax over the fiscal year.
€ 3.6 million
▲ 23% 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 € 54.2 million.
People and assets in 2025
259.1
▲ 22.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 19 million
▲ 18% vs 2024
€ 73,400 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.
€ 595,849
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 32.6 million
▲ 12% vs 2024
€ 4.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 14.3 million
▲ 106% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.
€ 3.6 million
▲ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 143,376,018 | € 130,076,123 | € 145,175,362 | € 164,074,396 | ▲ 13% |
| Profit after taxes | € 5,176,456 | € 4,813,364 | € 6,475,217 | € 1,093,436 | ▼ 83% |
| Equity | € 42,285,744 | € 46,849,108 | € 53,324,325 | € 54,417,761 | ▲ 2% |
| Total debts | € 48,802,126 | € 48,166,585 | € 39,134,180 | € 50,480,511 | ▲ 29% |
| Cash | € 8,758,425 | € 6,067,599 | € 2,915,865 | € 3,595,787 | ▲ 23% |
| Retained profit | € 42,033,332 | € 46,596,696 | € 53,071,913 | € 54,165,349 | ▲ 2% |
| Dividend | € 0 | € 250,000 | € 0 | € 0 | |
| Bank debt | € 38,150,945 | € 30,811,266 | € 29,069,471 | € 32,571,183 | ▲ 12% |
| Balance sheet total | € 91,820,494 | € 96,380,843 | € 93,752,565 | € 106,072,843 | ▲ 13% |
| Employees (FTE) | 219.1 | 234 | 237 | 259.1 | ▲ 22.1 |
Key figures of DECOSPAN, 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 DECOSPAN?
What happened at DECOSPAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Malexis BV stepped down as director. NBB
- The Veneer NV stepped down as director. NBB
- Lurinvest BV stepped down as director. NBB
- Todecom BV stepped down as director. NBB
- DEMA Invest BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▼ 83% vs 2024). Source: NBB ↗
- Malexis BV became a director. NBB
- The Veneer NV became a director. NBB
In short
From € 5.2 million profit in 2022 to € 1.1 million profit in 2025.
Paid € 5.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 6.5 million profit.
Paid out € 250,000 in dividends to the owners in total.
Management
The stake of DECOSPAN HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DECOSPANThe shares are held by DECOSPAN HOLDING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Silke Desmet
Also active at: DECOSPAN HOLDING, D-Warehouse, The Veneer, D-ESTATE
since 2023 · until 2029
Managing director · represented by Pieterjan Desmet
Also active at: DECOSPAN HOLDING, D-Warehouse, HEXAGON INVEST II, D-ESTATE
since 2023 · until 2029
Director · represented by Pieter Desmet
Also active at: DECOSPAN HOLDING, D-Warehouse, The Veneer, D-ESTATE
since 2023 · until 2029
Director · represented by Tom Desmet
Also active at: DECOSPAN HOLDING, D-Warehouse, The Veneer, D-ESTATE
since 2023 · until 2029
Director · represented by Marieke Desmet
Also active at: DECOSPAN HOLDING, D-Warehouse, The Veneer, D-ESTATE
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lageweg 33
8930 Menen
Ringlaan 3
8930 Menen
Active since 3 January 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →DECOSPAN HOLDING same network
€ 6.6 million revenue · 2025
D-Warehouse same network
€ -3,925 gross margin · 2025
The Veneer same network
€ 1.7 million revenue · 2025
D-ESTATE same network
€ 2.6 million revenue · 2025
decospan groep belgie
+1 more
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
Microsoft 365
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Domain
Domain
decospan.com
Registered
2004-10-19
Registrar
NameWeb BVBA
Expires
2026-10-19
Website info
Features
Security
Details
- Company number
- 0889.710.328
- VAT number
- BE 0889.710.328
- Registered office
- Lageweg 33, 8930 Menen
- Names & denominations
- DECOSPAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 May 2007
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- decospan.com +32 56 52 88 00
- Activities · NACE
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