Skip to content

DECAPAC

Active
Public limited companyfounded 198936 yrs activeToekomstlaan(HRT) 28, 2200 Herentals, BelgiumKBO/BCE: BE 0439.248.860
Summary

DECAPAC has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12.7m and a net result of €1.6m. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 58% of 6133 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability70▼-7
Solvency75▼-1
Growth63▲+1
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €900,000 at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.6 in 2023; short-term debt: 46.5% and cash: 23.5% of total assets), but 50.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
49.7%
Return on assets
6.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
15 d early
2023
9 d early
2022
29 d late
2021
32 d late
2020
30 d late
2019
46 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 December 1989, DECAPAC was incorporated.1 Of the 2 current board members, Cat Capital Partners has served longest, since 2026.2 Revenue went from EUR 34 million in 2018 to EUR 33 million in 2024 and headcount from 25.3 to 27 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 10-07-2026
  3. 3National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, full schema

Turnover
€33.3m▲ 1.9%
2023 · €32.7m
EBIT margin
5.2%▼ 2.2pp
2023 · 7.3%
Net result
€1.6m▼ 19.8%
2023 · €2.0m
Working capital
€7.2m▲ 14.5%
2023 · €6.3m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€26.9m▼ 5.3%€31.2m▲ 15.9%€35.0m▲ 12.0%€32.7m▼ 6.5%€33.3m▲ 1.9%
Operating result€769,438▲ 25.4%€791,360▲ 2.8%€1.7m▲ 121%€2.4m▲ 37.4%€1.7m▼ 28.1%
Net result€522,449above the sector's middle half▲ 5.6%€710,517above the sector's middle half▲ 36.0%€1.0mabove the sector's middle half▲ 41.8%€2.0mabove the sector's middle half▲ 94.0%€1.6mabove the sector's middle half▼ 19.8%
EBIT margin2.9%▲ 0.7pp2.5%▼ 0.3pp5.0%▲ 2.5pp7.3%▲ 2.3pp5.2%▼ 2.2pp
Equity€8.3mabove the sector's middle half▲ 1.2%€9.4mabove the sector's middle half▲ 13.5%€10.4mabove the sector's middle half▲ 10.5%€12.3mabove the sector's middle half▲ 18.6%€12.7mabove the sector's middle half▲ 2.8%
Total assets€20.8mabove the sector's middle half▲ 7.0%€22.2mabove the sector's middle half▲ 6.7%€23.1mabove the sector's middle half▲ 4.0%€24.0mabove the sector's middle half▲ 4.1%€25.5mabove the sector's middle half▲ 6.2%
Debt€12.4m▲ 11.4%€12.7m▲ 2.3%€12.6m▼ 0.8%€11.6m▼ 7.8%€12.8m▲ 9.8%
Working capital€2.7mwithin the sector's middle half▼ 10.1%€3.3mabove the sector's middle half▲ 21.1%€4.8mabove the sector's middle half▲ 45.9%€6.3mabove the sector's middle half▲ 30.3%€7.2mabove the sector's middle half▲ 14.5%
Solvency39.8%within the sector's middle half▼ 2.3pp42.4%within the sector's middle half▲ 2.5pp45.0%within the sector's middle half▲ 2.7pp51.3%within the sector's middle half▲ 6.3pp49.7%within the sector's middle half▼ 1.6pp
Current ratio1.30within the sector's middle half▼ 0.101.31within the sector's middle half▲ 0.021.44within the sector's middle half▲ 0.131.60within the sector's middle half▲ 0.161.61within the sector's middle half=
Return on assets (ROA)2.5%within the sector's middle half=3.2%within the sector's middle half▲ 0.7pp4.4%within the sector's middle half▲ 1.2pp8.1%within the sector's middle half▲ 3.8pp6.1%within the sector's middle half▼ 2.0pp
Staff (FTE)27.9above the sector's middle half▼ 10.6%26within the sector's middle half▼ 6.8%26.5within the sector's middle half▲ 1.9%26.8within the sector's middle half▲ 1.1%27within the sector's middle half▲ 0.7%
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€1.0m€2.0mOperating result 2020: €769,438€769,438Net result 2020: €522,449€522,449Operating result 2021: €791,360€791,360Net result 2021: €710,517€710,517Operating result 2022: €1.7m€1.7mNet result 2022: €1.0m€1.0mOperating result 2023: €2.4m€2.4mNet result 2023: €2.0m€2.0mOperating result 2024: €1.7m€1.7mNet result 2024: €1.6m€1.6m20202021202220232024€0€1m€2mOperating result 2022: €1.7m€1.7mNet result 2022: €1.0m€1mOperating result 2023: €2.4m€2.4mNet result 2023: €2.0m€2mOperating result 2024: €1.7m€1.7mNet result 2024: €1.6m€1.6m202220232024
The operating result falls in 2024; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €25.5m
Fixed assets €6.5m ▼ 11.7%
Current assets €19.1m ▲ 14.0%
Equity and liabilities €25.5m
Equity €12.7m ▲ 2.8%
Provisions €51,065 ▼ 9.6%
Debt €12.8m ▲ 9.8%
Debt's share of the balance-sheet total rises from 48.4% to 50.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€3.2m▼
2023 · €4.3m
Cash flow
€3.1m▼
2023 · €3.8m
Quick ratio
1.24▲
2023 · 1.13
Debt to equity
1.01▲
2023 · 0.94
ROE
12.4%▼
2023 · 15.9%
Interest coverage
24.88▼
2023 · 27.00
Debt ≤ 1 year
€11.9m▲
2023 · €10.4m
Debt > 1 year
€622,190▼
2023 · €1.0m
Income taxes
€576,168▼
2023 · €650,262
Staff costs
€2.0m▼
2023 · €2.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,129 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 94 lines
Balance sheet Code20232024
Assets
Total assets20/58€24.0m€25.5m▲
Fixed assets21/28€7.3m€6.5m▼
Intangible fixed assets21€283,929€219,643▼
Tangible fixed assets22/27€5.6m€5.2m▼
Land and buildings22€2.3m€2.1m▼
Plant, machinery and equipment23€2.9m€2.5m▼
Furniture and vehicles24€312,774€375,863▲
Leasing and similar rights25€35,033€12,622▼
Assets under construction and advance payments27-€217,000
Financial fixed assets28€1.4m€995,885▼
Affiliated companies280/1€1.4m€988,647▼
Participating interests280€25,125€25,000▼
Amounts receivable281€1.4m€963,647▼
Other financial fixed assets284/8€7,237€7,237=
Amounts receivable and cash guarantees285/8€7,237€7,237=
Current assets29/58€16.7m€19.1m▲
Stocks and contracts in progress3€4.9m€4.3m▼
Stocks30/36€4.9m€4.3m▼
Goods purchased for resale34€4.9m€4.3m▼
Amounts receivable within one year40/41€4.3m€3.9m▼
Trade receivables40€4.1m€3.7m▼
Other amounts receivable41€190,322€205,106▲
Current investments50/53-€4.8m
Other investments51/53-€4.8m
Cash at bank and in hand54/58€7.4m€6.0m▼
Deferred charges and accrued income490/1€88,848€74,072▼
Equity and liabilities
Total equity and liabilities10/49€24.0m€25.5m▲
Equity10/15€12.3m€12.7m▲
Contributions10/11€185,947€185,947=
Capital10€185,947€185,947=
Issued capital100€185,947€185,947=
Reserves13€3.9m€3.9m▼
Non-distributable reserves130/1€21,031€21,031=
Legal reserve130€18,595€18,595=
Reserves not available under the articles1311€2,437€2,437=
Tax-exempt reserves132€169,408€153,183▼
Distributable reserves133€3.7m€3.7m=
Profit (loss) carried forward14€8.0m€8.4m▲
Investment grants15€200,749€179,034▼
Provisions and deferred taxes16€56,473€51,065▼
Deferred taxes168€56,473€51,065▼
Amounts payable17/49€11.6m€12.8m▲
Amounts payable after more than one year17€1.0m€622,190▼
Financial debts170/4€1.0m€622,190▼
Credit institutions173€1.0m€622,190▼
Amounts payable within one year42/48€10.4m€11.9m▲
Current portion of amounts payable after more than one year42€806,460€415,235▼
Financial debts43€122,938€190,400▲
Credit institutions430/8€122,938€190,400▲
Trade debts44€8.1m€8.9m▲
Suppliers440/4€8.1m€8.9m▲
Advances received on contracts in progress46-€97,335
Taxes, remuneration and social security45€1.4m€1.1m▼
Taxes450/3€1.2m€860,967▼
Remuneration and social security454/9€199,404€201,022▲
Other amounts payable47/48-€1.2m
Accrued charges and deferred income492/3€173,835€300,853▲
Income statement Code20232024
Operating income70/76A€33.7m€34.2m▲
Turnover70€32.7m€33.3m▲
Other operating income74€932,436€845,665▼
Non-recurring operating income76A€10,250€15,511▲
Operating charges60/66A€31.3m€32.5m▲
Goods for resale, raw materials and consumables60€21.1m€23.0m▲
Purchases600/8€22.4m€22.3m▼
Change in stocks: decrease (increase)609-€1.3m€760,483▲
Services and other goods61€6.0m€6.0m▼
Remuneration, social security and pensions62€2.0m€2.0m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.9m€1.5m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€145,873-€175,601▼
Other operating charges640/8€107,577€153,391▲
Operating profit (loss)9901€2.4m€1.7m▼
Financial income75/76B€438,498€611,870▲
Recurring financial income75€317,677€611,870▲
Income from financial fixed assets750€119,508€147,219▲
Income from current assets751-€319
Other financial income752/9€198,169€464,331▲
Non-recurring financial income76B€120,821-
Financial charges65/66B€238,532€197,234▼
Recurring financial charges65€238,532€197,109▼
Debt charges650€158,029€129,315▼
Other financial charges652/9€80,503€67,795▼
Non-recurring financial charges66B-€125
Profit (loss) for the period before taxes9903€2.6m€2.1m▼
Transfer from deferred taxes780€5,408€5,408=
Income taxes67/77€650,262€576,168▼
Taxes670/3€650,262€576,168▼
Profit (loss) for the period9904€2.0m€1.6m▼
Transfer from tax-exempt reserves789€16,225€16,225=
Profit (loss) for the period to be appropriated9905€2.0m€1.6m▼
Appropriation of the result
Profit (loss) to be appropriated9906€8.0m€9.6m▲
Profit (loss) brought forward from the previous period14P€6.0m€8.0m▲
Profit to be distributed694/7-€1.2m
Return on contributions (dividend)694-€1.2m
Social balance
Average headcount (FTE)908726.827.0▲

The notes to these accounts (95 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€32.0m€35.7m€33.7m€34.2m▲ 1.6%
Turnover70€26.9m€31.2m€35.0m€32.7m€33.3m▲ 1.9%
Other operating income74-€655,581€692,226€932,436€845,665▼ 9.3%
Non-recurring operating income76A-€159,692€41,000€10,250€15,511▲ 51.3%
Operating charges60/66A-€31.2m€34.0m€31.3m€32.5m▲ 3.8%
Goods for resale, raw materials and consumables60-€22.7m€25.1m€21.1m€23.0m▲ 9.2%
Purchases600/8--€25.3m€22.4m€22.3m▼ 0.7%
Change in stocks: decrease (increase)609-€156,254-€212,951-€1.3m€760,483▲ 157%
Services and other goods61-€4.6m€4.9m€6.0m€6.0m▼ 1.1%
Remuneration, social security and pensions62-€1.7m€1.9m€2.0m€2.0m▼ 1.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.9m€2.1m€1.9m€1.9m€1.5m▼ 20.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€65,377€149,843€145,873-€175,601▼ 220%
Other operating charges640/8-€98,386€107,385€107,577€153,391▲ 42.6%
Non-recurring operating charges66A--€1,032---
Operating profit (loss)9901€769,438€791,360€1.7m€2.4m€1.7m▼ 28.1%
Financial income75/76B--€221,226€438,498€611,870▲ 39.5%
Recurring financial income75€180,429€373,449€221,226€317,677€611,870▲ 92.6%
Income from financial fixed assets750-€74,059€68,227€119,508€147,219▲ 23.2%
Income from current assets751----€319-
Other financial income752/9-€299,390€153,000€198,169€464,331▲ 134%
Non-recurring financial income76B---€120,821--
Financial charges65/66B-€156,237€455,554€238,532€197,234▼ 17.3%
Recurring financial charges65€167,998€156,237€334,733€238,532€197,109▼ 17.4%
Debt charges650€75,705€84,637€78,141€158,029€129,315▼ 18.2%
Other financial charges652/9-€71,600€256,592€80,503€67,795▼ 15.8%
Non-recurring financial charges66B--€120,821-€125-
Profit (loss) for the period before taxes9903€781,869€1.0m€1.5m€2.6m€2.1m▼ 17.7%
Transfer from deferred taxes780-€5,408€5,408€5,408€5,408=
Income taxes67/77€264,828€303,463€510,272€650,262€576,168▼ 11.4%
Taxes670/3-€303,463€510,296€650,262€576,168▼ 11.4%
Tax adjustments and reversals of tax provisions77--€24---
Profit (loss) for the period9904€522,449€710,517€1.0m€2.0m€1.6m▼ 19.8%
Transfer from tax-exempt reserves789-€270,425€407,825€16,225€16,225=
Profit (loss) for the period to be appropriated9905€833,173€980,942€1.4m€2.0m€1.6m▼ 19.6%
Line20202021202220232024Change
Assets
Total assets20/58€20.8m€22.2m€23.1m€24.0m€25.5m▲ 6.2%
Fixed assets21/28€8.9m€8.3m€7.3m€7.3m€6.5m▼ 11.7%
Intangible fixed assets21-€412,500€348,214€283,929€219,643▼ 22.6%
Tangible fixed assets22/27€6.8m€6.4m€5.7m€5.6m€5.2m▼ 6.8%
Land and buildings22-€2.9m€2.6m€2.3m€2.1m▼ 11.0%
Plant, machinery and equipment23-€3.0m€2.1m€2.9m€2.5m▼ 13.1%
Furniture and vehicles24-€362,073€387,164€312,774€375,863▲ 20.2%
Leasing and similar rights25-€69,304€52,169€35,033€12,622▼ 64.0%
Assets under construction and advance payments27--€492,728-€217,000-
Financial fixed assets28€2.1m€1.5m€1.3m€1.4m€995,885▼ 29.1%
Affiliated companies280/1-€1.5m€1.3m€1.4m€988,647▼ 29.2%
Participating interests280-€25,125€25,125€25,125€25,000▼ 0.5%
Amounts receivable281-€1.5m€1.3m€1.4m€963,647▼ 29.8%
Other financial fixed assets284/8-€397€7,237€7,237€7,237=
Amounts receivable and cash guarantees285/8-€397€7,237€7,237€7,237=
Current assets29/58€11.9m€13.9m€15.8m€16.7m€19.1m▲ 14.0%
Stocks and contracts in progress3€4.0m€3.6m€4.8m€4.9m€4.3m▼ 11.9%
Stocks30/36-€3.6m€4.8m€4.9m€4.3m▼ 11.9%
Goods purchased for resale34-€3.6m€3.7m€4.9m€4.3m▼ 11.9%
Advance payments36--€1.1m---
Amounts receivable within one year40/41€3.5m€5.7m€5.0m€4.3m€3.9m▼ 10.7%
Trade receivables40-€4.7m€4.8m€4.1m€3.7m▼ 11.6%
Other amounts receivable41-€911,015€162,418€190,322€205,106▲ 7.8%
Current investments50/53----€4.8m-
Other investments51/53----€4.8m-
Cash at bank and in hand54/58€4.4m€4.5m€6.0m€7.4m€6.0m▼ 19.2%
Deferred charges and accrued income490/1-€91,056€72,880€88,848€74,072▼ 16.6%
Equity and liabilities
Total equity and liabilities10/49€20.8m€22.2m€23.1m€24.0m€25.5m▲ 6.2%
Equity10/15€8.3m€9.4m€10.4m€12.3m€12.7m▲ 2.8%
Contributions10/11€123,947€185,947€185,947€185,947€185,947=
Capital10-€185,947€185,947€185,947€185,947=
Issued capital100-€185,947€185,947€185,947€185,947=
Reserves13€3.5m€4.4m€3.9m€3.9m€3.9m▼ 0.4%
Non-distributable reserves130/1-€21,031€21,031€21,031€21,031=
Legal reserve130-€18,595€18,595€18,595€18,595=
Reserves not available under the articles1311-€2,436€2,437€2,437€2,437=
Tax-exempt reserves132-€593,457€185,632€169,408€153,183▼ 9.6%
Distributable reserves133-€3.7m€3.7m€3.7m€3.7m=
Profit (loss) carried forward14€4.4m€4.6m€6.0m€8.0m€8.4m▲ 4.8%
Investment grants15-€244,180€222,465€200,749€179,034▼ 10.8%
Provisions and deferred taxes16€72,697€67,289€61,881€56,473€51,065▼ 9.6%
Deferred taxes168-€67,289€61,881€56,473€51,065▼ 9.6%
Amounts payable17/49€12.4m€12.7m€12.6m€11.6m€12.8m▲ 9.8%
Amounts payable after more than one year17€3.1m€1.9m€1.4m€1.0m€622,190▼ 40.0%
Financial debts170/4-€1.9m€1.4m€1.0m€622,190▼ 40.0%
Leasing and similar obligations172-€36,989€15,543---
Credit institutions173-€1.9m€1.4m€1.0m€622,190▼ 40.0%
Amounts payable within one year42/48€9.2m€10.6m€11.0m€10.4m€11.9m▲ 13.7%
Current portion of amounts payable after more than one year42-€1.3m€1.2m€806,460€415,235▼ 48.5%
Financial debts43-€1.3m€1.3m€122,938€190,400▲ 54.9%
Credit institutions430/8-€1.3m€1.3m€122,938€190,400▲ 54.9%
Trade debts44€5.3m€6.6m€7.4m€8.1m€8.9m▲ 9.3%
Suppliers440/4-€6.6m€7.4m€8.1m€8.9m▲ 9.3%
Advances received on contracts in progress46-€25,484--€97,335-
Taxes, remuneration and social security45-€587,506€990,041€1.4m€1.1m▼ 21.9%
Taxes450/3-€416,496€812,920€1.2m€860,967▼ 25.8%
Remuneration and social security454/9-€171,010€177,122€199,404€201,022▲ 0.8%
Other amounts payable47/48-€800,000--€1.2m-
Accrued charges and deferred income492/3-€183,360€272,804€173,835€300,853▲ 73.1%
Line20202021202220232024Change
Profit (loss) for the period9904€522,449€710,517€1.0m€2.0m€1.6m▼ 19.8%
+ Depreciation and write-downs630€1.9m€2.1m€1.9m€1.9m€1.5m▼ 20.0%
Operating cash flow (approximation)€2.4m€2.8m€2.9m€3.8m€3.1m▼ 19.9%
Investment in fixed assets (approximation)--€1.5m-€883,692-€1.9m-€635,427▲ 66.2%
Change in cash-€156,830€1.4m€1.4m-€1.4m▼ 200%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
10-07
State Gazette act Reappointments: CAT CAPITAL PARTNERS BV (director) and DECA PACKAGING GROUP NV (director)
Permanent representatives: Patrik DE CAT and Maria SMEYERS9 facts ▸
  • General meeting, 22-06-2026
  • Director reappointment, CAT CAPITAL PARTNERS BV (director)
  • Director reappointment, DECA PACKAGING GROUP NV (director)
  • Board meeting, 22-06-2026
  • Director reappointment, CAT CAPITAL PARTNERS BV (managing director)
  • Permanent representative, Patrik DE CAT (permanent representative)
  • Permanent representative, Maria SMEYERS (permanent representative)
  • Permanent representative, Patrik DE CAT (vaste vertegenwoordiger in de uitoefening van voormeld mandaat als gedelegeerd bestuurder)
  • Other statement, 15-06-2026
2025
16-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
22-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €2.0m ▲94%
Operating result €2.4m, net result €2.0m, both a record.
29-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial Equity above €10mEq €10.4m ▲10.5%
5 profitable years in a row build equity to €10.4m.
01-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 32 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
15-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 46 days late
2019
18-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
10-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
28-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 16 acts read
About the unread acts

Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 directors, 1 in day-to-day management, last change in 2026

Board 2

Cat Capital Partners
Director · since 15-06-2026 · Private limited company · perm. rep.: Patrik DE CAT
Current
DECA PACKAGING GROUP
Director · since 15-06-2026 · Public limited company · perm. rep.: Maria SMEYERS
Current

Day-to-day management 1

Cat Capital Partners
Managing director · Private limited company · perm. rep.: Patrik DE CAT
Current

Permanent representatives 2

Maria SMEYERS
Permanent representative · since 15-06-2026 · for DECA PACKAGING GROUP
Current
Patrik DE CAT
Permanent representative · since 15-06-2026 · for Cat Capital Partners
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
15 of this company's 16 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Herentals · 2 establishment units since 1990
seat establishment All 2 establishment units on the map
Ground area
3.0 ha
Building footprint
1.8 ha
Volume, LiDAR
18,917 m³
2 parcels, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
DECAPAC NV
Toekomstlaan(HRT) 28, 2200 HerentalsNACE 52498
since 19902.046.369.507
Decapac
Toekomstlaan(HRT) 14, 2200 HerentalsAgents specialised in the wholesale of other particular products
since 20232.349.000.696
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13302D0268/00C000 Flanders 2.7 ha 1 · 1.5 ha -
13302D0922/00F000 Flanders 2,878 m² 1 · 3,325 m² 11.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

2 people since 2026, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Cat Capital Partners
  • Director, already before 15-06-2026 to date
  • Managing director, already before 10-07-2026 to date
DECA PACKAGING GROUP
  • Director, already before 15-06-2026 to date
See the board, name and seat on a given date →

Articles of association

Other statement
One provision in the deed

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Cat Capital Partners 100%
  2. DECA PACKAGING GROUP 100%
  3. DECAPAC

Highest known parent: Cat Capital Partners. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 current directors
Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 7 entries · 32,924 EUR awarded · 32,924 EUR paid
Year Entries awardedpaid
2025 1 1,064 EUR1,186 EUR
2024 2 6,827 EUR12,873 EUR
2023 2 7,533 EUR1,365 EUR
2022 2 17,500 EUR17,500 EUR
Schemes
4 entries · 18,674 EUR · 18,674 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 10,000 EUR · 10,000 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen
2 entries · 4,250 EUR · 4,250 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Herentals2.046.369.507
1 permission
Groothandelaar verpakkingsmateriaal · since 25-02-2009
Herentals2.349.000.696
1 permission
Groothandelaar verpakkingsmateriaal · since 06-09-2023

Legal Entity Identifier

549300MCFB4X09EONO70
live in the LEI register

Similar companies · same sector, comparable size

Of 432 companies in sector 46869 we hold annual accounts for 244. 91 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded27-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
46869Wholesale trade
46180Agents specialised in the wholesale of other particular products
46610Wholesale trade
46900Non-specialised wholesale trade
47789Other retail sale of new goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0439248860
Registered 27-05-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.