Equity
€16.2m from €102.4m in 2016
Equity fell by 84% in 9 years.
DECATHLON BELGIUM
Lifetime
17 annual accounts with figures on one time axis, 33 filings since 1993Turnoverpeak €651.6m (2025)
€651.6m▲ 4.9%
Resultpeak €33.5m (2025)
€33.5m▲ 127%
Equitypeak €102.4m (2016)
€16.2m▼ 28.6%
Debts
€158.8m▼ 3.3%
Staffpeak 2,220 FTE (2022)
1,733.8 FTE▼ 6.2%
Board7 names since 2016
2 directorsCHEKROUN Louise Rachel Sabrina and 1 other
Owners
Documentsfilings and deeds
30-09-202661 days late
2025financial year
Result from €14.8m to €33.5mDividend €40.0mEquity from €22.7m to €16.2m1 establishment registeredCash from €10.1m to €2.8m
Key points
from the 2025 annual accountsResult
€33.5m ▲ 127%
The result rose in 2025 from €14.8m to €33.5m.
Debts
€158.8m 90% of the balance sheet
Suppliers 54%Taxes and wages 14%Other 31%
Of this, €158.5m falls due within a year.
Filings
33 annual accounts 39 filings, 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
9.2%
Lower solvency than 87% of companies in wholesale trade. Sector median 45.2% · 6,182 companies.
Public support
€262,555 awarded from 2022 to 2025
Flemish support, mostly Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel).
Checked score
68
Healthy
Financially stronger than 39% of large companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 132 companies (NACE 46, large).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025lowest value
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.5 percentage points vs 07-2026
09-2026: 1.3%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 0.8%▼ -0.5 percentage points vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.89, cash €2.8m, halved
Equity €16.2m (9.2% of total assets)
Last filed accounts filed 61 days late; 1 of the last 3 accounts late
lowers risk
Founded in 1993
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, large). It does better than 15% of them on solvency, 8% on liquidity, 91% on profitability and 40% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,522 companies had the same profile as DECATHLON BELGIUM has now. Each dot stands for 4 companies, two years later.
94.3%
were still trading
3.8%
stopped another way
1.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DECATHLON BELGIUM itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,522 companies, not a prediction for DECATHLON BELGIUM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,100,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.89 (0.94 in 2024), below 1. Short-term debt is 90.3% and cash 1.6% of total assets. 90.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 6182 sector peers (2025).
NBB · sector comparisonPosition among 6182 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
61 days late
2024
13 days early
2023
16 days early
2022
112 days late
2021
9 days late
2020
82 days late
2019
62 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 42 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 August (4 of the last 5 accounts filed within 52 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
FM
FORVIS MAZARS REVISEURS D'ENTREPRISES SCRL
Auditor, Thomas Verhamme
- DECATHLON consolidatedLEI register
- Decathlon S.A. consolidatesannual accounts 2024
Recent changes
New establishment in Mechelen
Circular Hub Mechelen, Oude Baan 12
1 statutory auditor appointed, 2 directors reappointed
Reappointments: Louise Chekroun and Matthieu Soetewey · Appointment: Forvis Mazars Réviseurs d'entreprises SCRL (statutory auditor) · Director discharge: administrateurs · General meeting of 24-09-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0449296278
New establishment in Ixelles
Decathlon City Porte de Namur, Elsense Steenweg 13
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| DECATHLON BELGIUM Evere | €651.6m | 7.2% | 9.2% | 1,733.8 |
| THULE Menen | €158.6m | 19.7% | 52.0% | 363.2 |
| Sportsdirect.com Belgium Tubize | €103.6m | 2.8% | 64.2% | 358.1 |
| BROWNING International Herstal | €96.0m | 3.5% | 67.8% | 118 |
| FOOT LOCKER BELGIUM Etterbeek | €45.7m | 4.6% | 86.2% | 132.6 |
| CULTUREL - LUDIQUE - DIVERTISSEMENT DISTRIBUTION Fernelmont | €40.1m | -2.8% | 4.8% | 41.1 |
| SSA SPORTING GOODS Ostend | €41.1m | 8.5% | 45.6% | 33.1 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as DECATHLON BELGIUM: wholesale trade (NACE 46496). They are comparable in size and age: total assets between €21m and €96m, founded between 1968 and 1998.
Official details
Source: KBO- Status
- Active since 29-01-1993Normal situation
- Registered office
- 11 active companies are registered at this addressSource: KBO register, as of 5 November 2026.
- Activity
- Wholesale tradeNACE 46496and 11 others
- Joint committee
- 311Large retail businesses · annual accounts 2024
- Establishment units
- 2.060.898.7212030 Antwerp, since 09-07-1997
- 2.060.899.0184430 Ans, since 19-11-1997and 36 others
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Insights on DECATHLON BELGIUM
DECATHLON BELGIUM has existed since 1993. Turnover grew from €156.7m in 2007 to €651.6m in 2025 and staff from 763.5 to 1,733.8 full-time equivalents.
Turnover has grown every year since 2022.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DECATHLON BELGIUM
- What is the company number of DECATHLON BELGIUM?
- The company number of DECATHLON BELGIUM is 0449.296.278. The VAT number is the same number with BE in front: BE 0449.296.278.
- Where is DECATHLON BELGIUM based?
- The registered office is at Jules Bordetlaan 1, 1140 Evere.Company details
- What does DECATHLON BELGIUM do?
- According to the KBO register, the main activity is wholesale trade (NACE 46496).
- What is the legal form of DECATHLON BELGIUM?
- DECATHLON BELGIUM is a public limited company (NV).
- When was DECATHLON BELGIUM founded?
- DECATHLON BELGIUM was founded on 29-01-1993.
- Is DECATHLON BELGIUM still active?
- Yes, DECATHLON BELGIUM is an active enterprise in the KBO register.
- How many employees does DECATHLON BELGIUM have?
- DECATHLON BELGIUM had an average of 1,733.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DECATHLON BELGIUM fall under?
- In its 2024 annual accounts, DECATHLON BELGIUM states joint committee 311 (Large retail businesses).
- What is the turnover of DECATHLON BELGIUM?
- The turnover of DECATHLON BELGIUM was €651.6m in financial year 2025, according to the filed annual accounts.
- Is DECATHLON BELGIUM profitable?
- In financial year 2025, DECATHLON BELGIUM made a profit of €33.5m.
- Where can I find the annual accounts of DECATHLON BELGIUM?
- DECATHLON BELGIUM filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DECATHLON BELGIUM due?
- DECATHLON BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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