Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 2.8 to 2.3.
Financials
Financial year 2025
DECO HOLDING from Ternat, company number BE0898357283, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year DECO HOLDING recorded revenue of € 654,827 and equity of € 9.9 million. Compared with financial year 2024, the result moved from € 283,673 to € 1.4 million. Profitable, and profit is growing. 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 March 2, 2026.
€ 9.9 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ € 1.1 million vs 2024
Profit after tax over the fiscal year.
€ 111,321
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
77 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.3
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 246,858
▼ 18% vs 2024
€ 107,300 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.
€ 606,375
▼ 16% vs 2024
Of which on lease € 606,375.
Debts at end 2025
€ 52,902
▼ 80% vs 2024
Loans from banks and other lenders, long and short.
€ 11,527
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 11 days on average.
€ 49,114
▲ 10% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 835,605 | € 773,702 | € 653,825 | € 654,827 | |
| Profit after taxes | € 778,783 | € 408,889 | € 283,673 | € 1,355,271 | ▲ € 1.1 million |
| Equity | € 9,707,625 | € 10,116,514 | € 9,566,787 | € 9,880,308 | ▲ 3% |
| Total debts | € 1,246,641 | € 996,055 | € 1,153,049 | € 1,155,293 | |
| Cash | € 236,025 | € 123,666 | € 113,948 | € 111,321 | ▼ 2% |
| Land & buildings | - | € 44,178 | € 44,178 | € 44,178 | |
| Retained profit | € 7,004,987 | € 7,413,876 | € 6,864,150 | € 7,177,670 | ▲ 5% |
| Dividend | € 0 | € 0 | € 833,400 | € 1,041,750 | ▲ 25% |
| Bank debt | € 642,714 | € 455,031 | € 258,564 | € 52,902 | ▼ 80% |
| Balance sheet total | € 11,017,588 | € 11,168,215 | € 10,767,807 | € 11,075,897 | ▲ 3% |
| Employees (FTE) | 2.8 | 2.8 | 2.6 | 2.3 | ▼ 0.3 |
Key figures of DECO HOLDING, 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 DECO HOLDING?
What happened at DECO HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Umsuka BV stepped down as director. NBB
- Thermador Groupe SA BO stepped down as director. NBB
- Patricia Le Strat - Mavigner stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million (▲ € 1.1 million vs 2024). Source: NBB ↗
- Umsuka BV became a director. NBB
- Thermador Groupe SA BO became a director. NBB
- Patricia Le Strat - Mavigner became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 778,783 profit in 2022 to € 1.4 million profit in 2025.
Paid € 316,385 in corporate taxes since 2022.
Best year ever: 2025, with € 1.4 million profit.
Paid out € 1.9 million in dividends to the owners in total.
Management
It owns 100% of Sodeco Valves AG, 100% of Sodeco Valves, 100% of Sodeco Armaturen, 100% of Sodalis Investment and 100% of Sodeco Valves BV itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Peter Jan Wartel
since 2021 · until 2027
Director · represented by Lionel Monroe
since 2021 · until 2027
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Morettestraat 5
1740 Ternat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0898.357.283
- VAT number
- BE 0898.357.283
- Registered office
- Morettestraat 5, 1740 Ternat
- Names & denominations
- DECO HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 2008
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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