DECAPAC
ActiveSummary
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).
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Signals
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.
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History
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Financials · fiscal year 2024, full schema
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.
Peer companies
Historical observationOf 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
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%.
| 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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.
Timeline · acts, filings and financial milestones
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
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.
Directors · office · real estate
Board 2
Day-to-day management 1
Permanent representatives 2
Not every act has been read: a resignation may be missing here
2 establishment units
2 parcels
| 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
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Cat Capital Partners |
|
| DECA PACKAGING GROUP |
|
Articles of association
Structure & network
Owners and holdings
1 ownerChain of control
Highest known parent: Cat Capital Partners. The sources do not say who stands above it.
Owners 1
-
100%
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 directorsThe group is listed under Ownership & control below; here you explore it as a network.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 32,924 EUR awarded · 32,924 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,064 EUR | 1,186 EUR |
| 2024 | 2 | 6,827 EUR | 12,873 EUR |
| 2023 | 2 | 7,533 EUR | 1,365 EUR |
| 2022 | 2 | 17,500 EUR | 17,500 EUR |
Recognitions · licences · registrations
Food safety, FASFC
2 sitesLegal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
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.