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Decomo

Active
Public limited companyfounded 197748 yrs activeIndustriëlaan 96, 7700 Mouscron, BelgiumKBO/BCE: BE 0417.879.562
Summary

Decomo has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.6m and a net result of €364,646. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 70% of 316 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability58▼-2
Solvency88▲+19
Growth68▲+1
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550,000 at 30 days acceptable
Liquidity ample (current ratio 2.32 against 1.95 in 2023; short-term debt: 26.4% and cash: 5.6% of total assets), and 37.3% of the assets are financed with debt.
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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 48 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
62.7%
Return on assets
3%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
55 d early
2022
46 d early
2021
60 d early
2020
50 d early
2019
42 d early
← 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 48 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% 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

Decomo was incorporated on 30 December 1977.1 The board currently has 3 members; AVW Consult has served longest, since 2020.2 Revenue grew from EUR 19 million in 2018 to EUR 24 million in 2024 and headcount from 148 to 172 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 06-11-2025
  3. 3National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€24.1m▲ 6.9%
2023 · €22.5m
EBIT margin
-0.5%▼ 1.0pp
2023 · 0.5%
Net result
€364,646
2023 · -€10,113
Working capital
€4.2m▼ 24.9%
2023 · €5.6m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€22.6m▲ 37.4%€20.3m▼ 10.0%€29.8m▲ 46.7%€22.5m▼ 24.5%€24.1m▲ 6.9%
Operating result€2.1m▲ 58.6%€1.4m▼ 32.0%-€320,944€109,770-€118,210
Net result€1.8m▲ 105%€1.1m▼ 38.2%-€82,602-€10,113▲ 87.8%€364,646
EBIT margin9.2%▲ 1.2pp6.9%▼ 2.2pp-1.1%▼ 8.0pp0.5%▲ 1.6pp-0.5%▼ 1.0pp
Equity€6.3m▲ 43.2%€7.8m▲ 23.3%€7.6m▼ 2.5%€7.7m▲ 1.4%€7.6m▼ 1.4%
Total assets€14.7m▼ 8.1%€15.7m▲ 7.2%€16.8m▲ 6.8%€17.5m▲ 4.1%€12.0m▼ 31.2%
Debt€8.1m▼ 28.3%€7.7m▼ 4.9%€8.5m▲ 11.6%€9.3m▲ 8.6%€4.3m▼ 53.8%
Working capital€3.2m▲ 85.1%€4.4m▲ 36.2%€4.6m▲ 5.2%€5.6m▲ 20.4%€4.2m▼ 24.9%
Staff (FTE)163.5▲ 6.2%165.9▲ 1.5%161.2▼ 2.8%169.6▲ 5.2%171.9▲ 1.4%
Why a figure moved sharply
  • 2020 Net result +105% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€1.0m€0€1.0m€2.0mOperating result 2020: €2.1m€2.1mNet result 2020: €1.8m€1.8mOperating result 2021: €1.4m€1.4mNet result 2021: €1.1m€1.1mOperating result 2022: -€320,944-€320,944Net result 2022: -€82,602-€82,602Operating result 2023: €109,770€109,770Net result 2023: -€10,113-€10,113Operating result 2024: -€118,210-€118,210Net result 2024: €364,646€364,64620202021202220232024-€400,000-€200,000€0€200,000€400,000Operating result 2022: -€320,944-€321,000Net result 2022: -€82,602-€82,600Operating result 2023: €109,770€110,000Net result 2023: -€10,113-€10,100Operating result 2024: -€118,210-€118,000Net result 2024: €364,646€365,000202220232024
The operating result turns negative in 2024: a loss of €118,210 after €109,770 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12.0m
Fixed assets €4.7m ▼ 22.5%
Current assets €7.4m ▼ 35.7%
Equity and liabilities €12.0m
Equity €7.6m ▼ 1.4%
Provisions €203,425 ▼ 63.8%
Debt €4.3m ▼ 53.8%
Debt's share of the balance-sheet total falls from 53.0% to 35.6%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€1.1m▼
2023 · €1.3m
Cash flow
€1.6m▲
2023 · €1.1m
Current ratio
2.32▲
2023 · 1.95
Quick ratio
0.98▲
2023 · 0.79
Debt to equity
0.57▼
2023 · 1.21
ROE
4.8%▲
2023 · -0.1%
ROA
3.0%▲
2023 · -0.1%
Interest coverage
5.43▼
2023 · 6.89
Debt ≤ 1 year
€3.2m▼
2023 · €5.9m
Debt > 1 year
€1.1m▼
2023 · €3.4m
Income taxes
€10,232▼
2023 · €44,054
Staff costs
€10.1m▲
2023 · €10.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,832 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.1% went bankrupt
2.0% stopped otherwise
98% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 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% 1.6%
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 74% 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 1,832 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 · 104 lines
Balance sheet Code20232024
Assets
Total assets20/58€17.5m€12.0m▼
Fixed assets21/28€6.0m€4.7m▼
Intangible fixed assets21€1.3m€832,623▼
Tangible fixed assets22/27€2.8m€2.3m▼
Land and buildings22€1.5m€1.2m▼
Plant, machinery and equipment23€727,178€555,967▼
Furniture and vehicles24€276,685€253,288▼
Other tangible fixed assets26€290,250€262,315▼
Financial fixed assets28€2.0m€1.5m▼
Affiliated companies280/1€2.0m€1.5m▼
Participating interests280€2.0m€1.5m▼
Other financial fixed assets284/8€55,397€55,397=
Shares284€2,600€2,600=
Amounts receivable and cash guarantees285/8€52,797€52,797=
Current assets29/58€11.5m€7.4m▼
Stocks and contracts in progress3€6.8m€4.2m▼
Stocks30/36€2.1m€1.7m▼
Raw materials and consumables30/31€1.4m€1.4m▲
Goods purchased for resale34€733,707€280,585▼
Contracts in progress37€4.7m€2.6m▼
Amounts receivable within one year40/41€3.6m€2.1m▼
Trade receivables40€3.6m€2.0m▼
Other amounts receivable41€11,165€154,377▲
Current investments50/53€3€3=
Other investments51/53€3€3=
Cash at bank and in hand54/58€935,374€669,100▼
Deferred charges and accrued income490/1€122,106€303,130▲
Equity and liabilities
Total equity and liabilities10/49€17.5m€12.0m▼
Equity10/15€7.7m€7.6m▼
Contributions10/11€1.7m€1.7m=
Capital10€1.7m€1.7m=
Issued capital100€1.7m€1.7m=
Revaluation surpluses12€2.1m€1.6m▼
Reserves13€3.7m€4.1m▲
Non-distributable reserves130/1€180,361€180,361=
Legal reserve130€175,920€175,920=
Reserves not available under the articles1311€4,441€4,441=
Tax-exempt reserves132€246,992€238,424▼
Distributable reserves133€3.3m€3.7m▲
Investment grants15€110,849€107,418▼
Provisions and deferred taxes16€562,425€203,425▼
Provisions for liabilities and charges160/5€520,000€165,000▼
Pensions and similar obligations160€60,000€0▼
Other liabilities and charges164/5€460,000€165,000▼
Deferred taxes168€42,425€38,425▼
Amounts payable17/49€9.3m€4.3m▼
Amounts payable after more than one year17€3.4m€1.1m▼
Financial debts170/4€170,710€0▼
Credit institutions173€170,710€0▼
Other amounts payable178/9€3.2m€1.1m▼
Amounts payable within one year42/48€5.9m€3.2m▼
Current portion of amounts payable after more than one year42€200,711€170,710▼
Financial debts43€1.0m€0▼
Credit institutions430/8€1.0m€0▼
Trade debts44€2.4m€1.6m▼
Suppliers440/4€2.4m€1.6m▼
Advances received on contracts in progress46€102,010€0▼
Taxes, remuneration and social security45€1.8m€1.4m▼
Taxes450/3€434,685€265,079▼
Remuneration and social security454/9€1.4m€1.1m▼
Other amounts payable47/48€322,625€0▼
Accrued charges and deferred income492/3€14,450€35,208▲
Income statement Code20232024
Operating income70/76A€26.2m€22.7m▼
Turnover70€22.5m€24.1m▲
Change in stocks of work in progress, finished goods and contracts in progress71€3.4m-€4.4m▼
Other operating income74€286,728€294,412▲
Non-recurring operating income76A€4,525€2.7m▲
Operating charges60/66A€26.1m€22.8m▼
Goods for resale, raw materials and consumables60€8.3m€6.8m▼
Purchases600/8€8.5m€6.3m▼
Change in stocks: decrease (increase)609-€170,692€450,505▲
Services and other goods61€6.4m€4.8m▼
Remuneration, social security and pensions62€10.1m€10.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.2m€1.3m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€140,000-€355,000▼
Other operating charges640/8€220,974€240,477▲
Non-recurring operating charges66A€1,076€539▼
Operating profit (loss)9901€109,770-€118,210▼
Financial income75/76B€201,820€1.0m▲
Recurring financial income75€201,820€944,269▲
Income from financial fixed assets750€340€581,495▲
Income from current assets751€0-
Other financial income752/9€201,480€362,773▲
Non-recurring financial income76B-€76,543
Financial charges65/66B€284,590€531,723▲
Recurring financial charges65€282,374€531,723▲
Debt charges650€184,011€209,382▲
Other financial charges652/9€98,364€322,341▲
Non-recurring financial charges66B€2,216€0▼
Profit (loss) for the period before taxes9903€27,000€370,879▲
Transfer from deferred taxes780€6,941€4,000▼
Income taxes67/77€44,054€10,232▼
Taxes670/3€53,102€10,232▼
Tax adjustments and reversals of tax provisions77€9,048€0▼
Profit (loss) for the period9904-€10,113€364,646▲
Transfer from tax-exempt reserves789€10,996€8,568▼
Profit (loss) for the period to be appropriated9905€883€373,214▲
Appropriation of the result
Profit (loss) to be appropriated9906€883€373,214▲
Transfer from equity791/2€0-
From reserves792€0-
Transfer to equity691/2€883€373,214▲
To other reserves6921€883€373,214▲
Social balance
Average headcount (FTE)9087169.6171.9▲

The notes to these accounts (122 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€23.8m€24.9m€26.2m€22.7m▼ 13.3%
Turnover70€22.6m€20.3m€29.8m€22.5m€24.1m▲ 6.9%
Change in stocks of work in progress, finished goods and contracts in progress71-€3.2m-€5.2m€3.4m-€4.4m▼ 229%
Other operating income74-€201,260€245,449€286,728€294,412▲ 2.7%
Non-recurring operating income76A-€10,500€900€4,525€2.7m▲ 59,742%
Operating charges60/66A-€22.3m€25.2m€26.1m€22.8m▼ 12.5%
Goods for resale, raw materials and consumables60-€8.6m€9.1m€8.3m€6.8m▼ 18.9%
Purchases600/8-€8.9m€9.0m€8.5m€6.3m▼ 25.9%
Change in stocks: decrease (increase)609--€296,183€139,839-€170,692€450,505▲ 364%
Services and other goods61-€4.3m€5.5m€6.4m€4.8m▼ 25.0%
Remuneration, social security and pensions62-€8.4m€9.1m€10.1m€10.1m▲ 0.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€823,225€808,555€890,239€1.2m€1.3m▲ 8.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€10,000-€2,234€0--
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0€377,040-€140,000-€355,000▼ 154%
Other operating charges640/8-€228,140€224,617€220,974€240,477▲ 8.8%
Operating charges capitalised as restructuring costs649-€0----
Non-recurring operating charges66A-€8,525€5,605€1,076€539▼ 49.9%
Operating profit (loss)9901€2.1m€1.4m-€320,944€109,770-€118,210▼ 208%
Financial income75/76B-€542,941€692,846€201,820€1.0m▲ 406%
Recurring financial income75€330,440€542,941€692,846€201,820€944,269▲ 368%
Income from financial fixed assets750-€445€465€340€581,495▲ 171,094%
Income from current assets751-€0€661€0--
Other financial income752/9-€542,496€691,720€201,480€362,773▲ 80.1%
Non-recurring financial income76B----€76,543-
Financial charges65/66B-€639,632€400,662€284,590€531,723▲ 86.8%
Recurring financial charges65€506,713€639,632€320,722€282,374€531,723▲ 88.3%
Debt charges650€72,251€46,519€70,977€184,011€209,382▲ 13.8%
Other financial charges652/9-€593,113€249,745€98,364€322,341▲ 228%
Non-recurring financial charges66B--€79,940€2,216€0▼ 100%
Profit (loss) for the period before taxes9903€1.9m€1.3m-€28,760€27,000€370,879▲ 1,274%
Transfer from deferred taxes780-€6,949€6,941€6,941€4,000▼ 42.4%
Income taxes67/77€89,075€198,001€60,784€44,054€10,232▼ 76.8%
Taxes670/3-€201,033€60,784€53,102€10,232▼ 80.7%
Tax adjustments and reversals of tax provisions77-€3,032€0€9,048€0▼ 100%
Profit (loss) for the period9904€1.8m€1.1m-€82,602-€10,113€364,646▲ 3,706%
Transfer from tax-exempt reserves789-€10,996€10,996€10,996€8,568▼ 22.1%
Profit (loss) for the period to be appropriated9905€1.8m€1.1m-€71,606€883€373,214▲ 42,169%
Line20202021202220232024Change
Assets
Total assets20/58€14.7m€15.7m€16.8m€17.5m€12.0m▼ 31.2%
Fixed assets21/28€5.7m€5.7m€5.7m€6.0m€4.7m▼ 22.5%
Intangible fixed assets21€141,667€88,189€743,107€1.3m€832,623▼ 34.1%
Tangible fixed assets22/27€3.9m€3.6m€3.1m€2.8m€2.3m▼ 16.7%
Land and buildings22-€2.1m€1.8m€1.5m€1.2m▼ 16.3%
Plant, machinery and equipment23-€1.0m€887,370€727,178€555,967▼ 23.5%
Furniture and vehicles24-€166,479€205,882€276,685€253,288▼ 8.5%
Other tangible fixed assets26-€256,624€234,679€290,250€262,315▼ 9.6%
Financial fixed assets28€1.7m€2.0m€1.9m€2.0m€1.5m▼ 23.3%
Affiliated companies280/1-€1.9m€1.8m€2.0m€1.5m▼ 23.9%
Participating interests280-€1.9m€1.8m€2.0m€1.5m▼ 23.9%
Other financial fixed assets284/8-€119,772€55,397€55,397€55,397=
Shares284-€8,525€2,600€2,600€2,600=
Amounts receivable and cash guarantees285/8-€111,247€52,797€52,797€52,797=
Current assets29/58€9.0m€10.0m€11.1m€11.5m€7.4m▼ 35.7%
Stocks and contracts in progress3€1.8m€7.0m€4.7m€6.8m€4.2m▼ 37.6%
Stocks30/36-€2.1m€2.0m€2.1m€1.7m▼ 21.0%
Raw materials and consumables30/31-€1.1m€1.2m€1.4m€1.4m▲ 0.2%
Goods purchased for resale34-€1.0m€739,729€733,707€280,585▼ 61.8%
Contracts in progress37-€4.9m€2.7m€4.7m€2.6m▼ 45.1%
Amounts receivable within one year40/41€2.6m€2.6m€5.1m€3.6m€2.1m▼ 40.4%
Trade receivables40-€2.4m€4.9m€3.6m€2.0m▼ 44.5%
Other amounts receivable41-€190,037€185,567€11,165€154,377▲ 1,283%
Current investments50/53€3€3€3€3€3=
Other investments51/53-€3€3€3€3=
Cash at bank and in hand54/58€465,140€154,355€928,653€935,374€669,100▼ 28.5%
Deferred charges and accrued income490/1-€276,541€371,305€122,106€303,130▲ 148%
Equity and liabilities
Total equity and liabilities10/49€14.7m€15.7m€16.8m€17.5m€12.0m▼ 31.2%
Equity10/15€6.3m€7.8m€7.6m€7.7m€7.6m▼ 1.4%
Contributions10/11€1.7m€1.7m€1.7m€1.7m€1.7m=
Capital10-€1.7m€1.7m€1.7m€1.7m=
Issued capital100-€1.7m€1.7m€1.7m€1.7m=
Revaluation surpluses12-€2.1m€2.0m€2.1m€1.6m▼ 22.5%
Reserves13€2.7m€3.8m€3.7m€3.7m€4.1m▲ 10.0%
Non-distributable reserves130/1-€180,361€180,361€180,361€180,361=
Legal reserve130-€175,920€175,920€175,920€175,920=
Reserves not available under the articles1311-€4,441€4,441€4,441€4,441=
Tax-exempt reserves132-€268,983€257,988€246,992€238,424▼ 3.5%
Distributable reserves133-€3.3m€3.3m€3.3m€3.7m▲ 11.6%
Investment grants15-€130,505€120,677€110,849€107,418▼ 3.1%
Provisions and deferred taxes16€346,217€339,268€709,366€562,425€203,425▼ 63.8%
Provisions for liabilities and charges160/5-€282,960€660,000€520,000€165,000▼ 68.3%
Pensions and similar obligations160-€50,000€60,000€60,000€0▼ 100%
Other liabilities and charges164/5-€232,960€600,000€460,000€165,000▼ 64.1%
Deferred taxes168-€56,308€49,366€42,425€38,425▼ 9.4%
Amounts payable17/49€8.1m€7.7m€8.5m€9.3m€4.3m▼ 53.8%
Amounts payable after more than one year17€2.2m€1.5m€1.9m€3.4m€1.1m▼ 68.3%
Financial debts170/4-€33,409€371,421€170,710€0▼ 100%
Credit institutions173-€0€371,421€170,710€0▼ 100%
Other loans174-€33,409€0---
Other amounts payable178/9-€1.5m€1.5m€3.2m€1.1m▼ 66.6%
Amounts payable within one year42/48€5.8m€5.6m€6.4m€5.9m€3.2m▼ 46.0%
Current portion of amounts payable after more than one year42-€149,197€229,696€200,711€170,710▼ 14.9%
Financial debts43-€1.1m€150,497€1.0m€0▼ 100%
Credit institutions430/8-€1.1m€150,497€1.0m€0▼ 100%
Trade debts44€2.6m€2.2m€2.8m€2.4m€1.6m▼ 33.2%
Suppliers440/4-€2.2m€2.8m€2.4m€1.6m▼ 33.2%
Advances received on contracts in progress46-€35,919€21,263€102,010€0▼ 100%
Taxes, remuneration and social security45-€1.4m€1.6m€1.8m€1.4m▼ 24.4%
Taxes450/3-€268,017€370,946€434,685€265,079▼ 39.0%
Remuneration and social security454/9-€1.2m€1.2m€1.4m€1.1m▼ 19.8%
Other amounts payable47/48-€616,095€1.7m€322,625€0▼ 100%
Accrued charges and deferred income492/3-€510,912€225,888€14,450€35,208▲ 144%
Line20202021202220232024Change
Profit (loss) for the period9904€1.8m€1.1m-€82,602-€10,113€364,646▲ 3,706%
+ Depreciation and write-downs630€823,225€808,555€890,239€1.2m€1.3m▲ 8.4%
Operating cash flow (approximation)€2.6m€1.9m€807,637€1.1m€1.6m▲ 41.1%
Investment in fixed assets (approximation)--€847,425-€893,255-€1.5m€106,737▲ 107%
Change in cash--€310,785€774,298€6,721-€266,274▼ 4,062%

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

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Timeline · acts, filings and financial milestones

2025
06-11
State Gazette act Reappointment: Moore Audit BV (statutory auditor)
Appointments: AVW Consult SRL (director) and Lievair SA (director) · Permanent representatives: Angélique Van Welden and Lieven Tsjoen8 facts ▸
  • General meeting, 26-06-2025
  • Auditor reappointment, Moore Audit BV
  • Director appointment, AVW Consult SRL (director)
  • Permanent representative, Angélique Van Welden
  • Director appointment, Lievair SA (director)
  • Permanent representative, Lieven Tsjoen
  • Board meeting, 26-06-2025
  • Director appointment, Lievair SA (chair)
27-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €364,646
Net result €364,646 after 2 loss-making years.
06-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
15-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
27-04
State Gazette act Resignation: DE CARNIN CONSULTING SRL (director)
Appointment: DECOMO HOLDING SRL (director) · Permanent representative: Dominique Zyde · Mandate compensation12 facts ▸
  • General meeting, 24-03-2023
  • Director resignation, DE CARNIN CONSULTING SRL (director)
  • Director resignation, DE CARNIN CONSULTING SRL (managing director)
  • Director appointment, DECOMO HOLDING SRL (director)
  • Mandate compensation, DECOMO HOLDING SRL
  • Board meeting, 24-03-2023
  • Director appointment, DECOMO HOLDING SRL (managing director)
  • Permanent representative, Dominique Zyde
  • Mandate compensation, Dominique Zyde
  • Board composition, DECOMO HOLDING SRL (director and managing director)
  • Board composition, LIEVAIR SA (director and chair of the board)
  • Board composition, AVW CONSULT SRL (director)
2022
17-11
State Gazette act Reappointment: Moore Audit SRL (statutory auditor)
Permanent representative: Wendy Van der Biest3 facts ▸
  • General meeting, 18-05-2022
  • Auditor reappointment, Moore Audit SRL
  • Permanent representative, Wendy Van der Biest
05-10
State Gazette act Resignation: JOHAN VERWEE SRL (director)
Appointments: JOHAN VERWEE SRL (personne chargée de la gestion journalière) and DE CARNIN CONSULTING SRL (director) · Permanent representatives: Dominique Zyde and Johan Verwee · Mandate compensation17 facts ▸
  • General meeting, 08-08-2022
  • Board meeting, 08-08-2022
  • Director resignation, JOHAN VERWEE SRL (director)
  • Director appointment, JOHAN VERWEE SRL (personne chargée de la gestion journalière)
  • Director appointment, DE CARNIN CONSULTING SRL (director)
  • Mandate compensation, DE CARNIN CONSULTING SRL
  • Director appointment, DE CARNIN CONSULTING SRL (managing director)
  • Board composition, Lievair SA (director and chair of the board)
  • Board composition, AVW CONSULT SRL (director)
  • Board composition, Lievair SA (director and chair of the board)
  • Board composition, AVW CONSULT SRL (director)
  • Board composition, DE CARNIN CONSULTING SRL (director)
  • +5 further facts in this act
01-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
11-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Highest result since 2018net €1.8m ▲105%
Operating result €2.1m, net result €1.8m, both a record.
31-12
Financial Equity above €5mEq €6.3m ▲43.2%
2 profitable years in a row build equity to €6.3m.
Show earlier events
25-11
State Gazette act Resignations: Angélique Van Welden (director) and SRL COMPAGNIE DU BLANC BALLOT (director)
Appointment: AVW CONSULT SRL (director) · Permanent representatives: Angélique Van Welden and Patrick Declerck · Mandate compensation11 facts ▸
  • General meeting, 26-06-2020
  • Director resignation, Angélique Van Welden (director)
  • Director resignation, SRL COMPAGNIE DU BLANC BALLOT (director)
  • Director appointment, AVW CONSULT SRL (director)
  • Board meeting, 26-06-2020
  • Permanent representative, Angélique Van Welden
  • Mandate compensation, Angélique Van Welden
  • Board composition, JOHAN VERWEE SRL (managing director and director)
  • Board composition, Lievair SA (director and chair of the board)
  • Board composition, AVW CONSULT SRL (director)
  • Permanent representative, Patrick Declerck
19-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Back to profitnet €888,542
Net result €888,542 after one loss-making year.
20-12
State Gazette act Appointments: Lievair SA, Johan Verwee Sprl and SCRL Moore Stephens Audit
Permanent representatives: Lieven Tsjoen, Johan Verwee and Wendy Van der Biest8 facts ▸
  • General meeting, 17-05-2019
  • Director appointment, Lievair SA (director)
  • Director appointment, Lievair SA (chair of the board)
  • Director appointment, Johan Verwee Sprl (managing director)
  • Permanent representative, Lieven Tsjoen
  • Permanent representative, Johan Verwee
  • Auditor appointment, SCRL Moore Stephens Audit
  • Permanent representative, Wendy Van der Biest
28-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
30-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
12-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
03-06
State Gazette act Reappointment: SCRL Civile Moore Stephens Audit, Réviseurs d'entreprises (statutory auditor)
Permanent representatives: Peter Verschelden and Wendy Van der Biest4 facts ▸
  • General meeting, 18-05-2016
  • Auditor reappointment, SCRL Civile Moore Stephens Audit, Réviseurs d'entreprises
  • Permanent representative, Peter Verschelden
  • Permanent representative, Wendy Van der Biest
30-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema
04-03
State Gazette act Appointment: Airkan SA (director)
Resignation: Sogepa SA (director) · Mandate compensation4 facts ▸
  • General meeting, 14-01-2016
  • Director appointment, Airkan SA (director)
  • Mandate compensation, Airkan SA
  • Director resignation, Sogepa SA (director)
2015
01-07
State Gazette act Resignation: Angélique VAN WELDEN (director)
Appointment: DECOMO INVEST (director) · Permanent representative: Angélique VAN WELDEN9 facts ▸
  • Director resignation, Angélique VAN WELDEN (director)
  • Director appointment, DECOMO INVEST (director)
  • Permanent representative, Angélique VAN WELDEN
  • Board composition, LIEVAIR (président du conseil)
  • Board composition, JOHAN VERWEE (managing director)
  • Board composition, Luc TSJOEN (director)
  • Board composition, DECOMO INVEST (director)
  • Board composition, SOPEGA (director)
  • Board composition, COMPAGNIE DU BLANC BALLOT (managing director)
17-03
State Gazette act Resignation: Patrick DECLERCK (director)
Appointment: SPRL COMPAGNIE DU BLANC BALLOT (director) · Permanent representative: Patrick DECLERCK10 facts ▸
  • Director resignation, Patrick DECLERCK (director)
  • Director appointment, SPRL COMPAGNIE DU BLANC BALLOT (director)
  • Permanent representative, Patrick DECLERCK
  • Director appointment, SPRL COMPAGNIE DU BLANC BALLOT (managing director)
  • Board composition, S.A. LIEVAIR (président du conseil)
  • Board composition, S.P.R.L JOHAN VERWEE (managing director)
  • Board composition, Luc TSJOEN (director)
  • Board composition, Angelique VAN WELDEN (director)
  • Board composition, S.A. SOPEGA (director)
  • Board composition, SPRL COMPAGNIE DU BLANC BALLOT (managing director)
06-01
State Gazette act Restructuring
Appointment: MOORE STEPHENS AUDIT (réviseur d'entreprises) · Demerger · Real estate13 facts ▸
  • General meeting, 22-12-2014
  • Demerger, 22-12-2014
  • Real estate, Un bâtiment industriel sur et avec terrain, sise Boulevard Industriel 96 en +96, cadastré selon les titres section B numéros 402/L, 402/N, 402/M, 402/R et 402/P…
  • Capital decrease, €1.725.000
  • Capital, €1.725.000
  • Share issue, nominatives, 127906
  • Share issue, 127905
  • Share issue, 1
  • Auditor appointment, MOORE STEPHENS AUDIT (réviseur d'entreprises)
  • Accounting effect, 01-07-2014
  • Interim balance sheet, 30-06-2014
  • Debt exclusion, Le crédit qui a été contracté par Decomo SA pour l'achat du bien immobilier ne sera pas transféré
  • +1 further facts in this act
2014
19-11
State Gazette act Restructuring
Demerger · Capital · Share issue8 facts ▸
  • Demerger, Transfert de la nue-propriété des biens immobiliers (usufruit de 30 ans conservé par Decomo) et de la dette liée aux subsides en capital.
  • Capital, €2.000.000
  • Capital, €275.000
  • Share issue, 127906
  • Accounting effect, 01-07-2014
  • Real estate, Nue-propriété des biens immobiliers (usufruit de 30 ans conservé par Decomo) et la dette liée aux subsides en capital.
  • Drafting, 22-10-2014
  • Approval deadline, 15-12-2014
28-01
State Gazette act Appointment: Sogepa SA (director)
Resignation: Dorothée Vergalle (director)3 facts ▸
  • General meeting, 16-12-2013
  • Director appointment, Sogepa SA (director)
  • Director resignation, Dorothée Vergalle (director)
2013
13-11
State Gazette act Appointments: Lievair SA, Luc Tsjoen and 2 others
Resignations: Algemene Ondernemingen Roeland Vanmaercke SA, Van Maercke Annemie and 2 others12 facts ▸
  • General meeting, 14-10-2013
  • Director appointment, Lievair SA (director)
  • Director appointment, Luc Tsjoen (director)
  • Director appointment, Dorothée Vergalle (director)
  • Director appointment, Angelique Van Welden (director)
  • Director resignation, Algemene Ondernemingen Roeland Vanmaercke SA (director)
  • Director resignation, Van Maercke Annemie (director)
  • Director resignation, PST Invest SA (director)
  • Director resignation, Betonco SA (director)
  • Board meeting, 14-10-2013
  • Director resignation, PST Invest SA (chair of the board)
  • Director appointment, Lievair SA (chair of the board)
24-10
State Gazette act Reappointments: PST Invest SA, Betonco SA and 2 others
Permanent representatives: Peter Verschelden and Wendy Van der Biest10 facts ▸
  • General meeting, 12-07-2013
  • Director reappointment, PST Invest SA (director)
  • Director reappointment, Betonco SA (director)
  • Director reappointment, Johan Verwee SPRL (director)
  • Auditor reappointment, SCRL Civile Moore Stephens Verschelden, Réviseurs d'entreprises (statutory auditor)
  • Permanent representative, Peter Verschelden
  • Permanent representative, Wendy Van der Biest
  • Board meeting, 12-07-2013
  • Director reappointment, PST Invest SA (président du conseil)
  • Director reappointment, Johan Verwee SPRL (managing director)
2010
13-09
State Gazette act Reappointments: Moore Stephens Verschelden bedrijfsrevisoren CVBA (statutory auditor) and PST Invest sa (statutory auditor)
3 facts ▸
  • General meeting, 21/05/2010
  • Auditor reappointment, Moore Stephens Verschelden bedrijfsrevisoren CVBA
  • Auditor reappointment, PST Invest sa
26-03
State Gazette act Reappointments: Patrick Declerck, Algemene Ondernemingen Roeland Vanmaercke SA and Annemie Vanmaercke
4 facts ▸
  • General meeting, 20-05-2009
  • Director reappointment, Patrick Declerck (managing director)
  • Director reappointment, Algemene Ondernemingen Roeland Vanmaercke SA (director)
  • Director reappointment, Annemie Vanmaercke (director)
2003
24-06
State Gazette act Resignations: S.A. De Speyebeek, S.A. DML Composites and 4 others
Appointments: Steven Vergalle, Annemie Van Maercke and 4 others · Permanent representative: Steven Vergalle · Mandate compensation21 facts ▸
  • General meeting, 16-05-2003
  • Director resignation, S.A. De Speyebeek (director)
  • Director resignation, S.A. DML Composites (director)
  • Director resignation, Patrick Declerck (director)
  • Director resignation, Jean Vanderstuyft (director)
  • Director resignation, Johan Verwee (director)
  • Director resignation, Jacques Holvoet (director)
  • Director appointment, Steven Vergalle (director)
  • Director appointment, Annemie Van Maercke (director)
  • Director appointment, Johan Verwee (director)
  • Director appointment, S.A. Algemene Ondernemingen Roeland Van Maercke (director)
  • Director appointment, Jacques Holvoet (director)
  • +9 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
18 of 18 acts read

Directors · office · real estate

Directors
3 directors, 1 in day-to-day management, no change since 2025

Board 3

LIEVAIR
Chair · since 26-06-2025 · Director · since 26-06-2025 · Public limited company · perm. rep.: Lieven Tsjoen
Current
AVW Consult
Director · since 22-01-2020 · Private limited company · perm. rep.: Angélique Van Welden
Current
DECOMO HOLDING
Director · since 02-03-2023 · Private limited company · perm. rep.: Dominique Zyde
Current
13 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Steven Vergalle
Chair of the board · since 16-05-2003 · Director · since 16-05-2003
Not recently confirmed
Lievair SA
Chair of the board · since 14-10-2013 · Director · since 14-10-2013 · Legal entity · perm. rep.: Lieven Tsjoen
Not recently confirmed
Jacques Holvoet
Director · since 16-05-2003
Not recently confirmed
Johan Verwee
Director · since 16-05-2003
Not recently confirmed
S.A. Algemene Ondernemingen Roeland Van Maercke
Director · since 16-05-2003 · Legal entity
Not recently confirmed
Luc Tsjoen
Director · since 14-10-2013
Not recently confirmed
SPRL COMPAGNIE DU BLANC BALLOT
Director · since 30-01-2015 · Legal entity · perm. rep.: Patrick DECLERCK
Not recently confirmed
DECOMO INVEST
Director · since 27-05-2015 · Legal entity · perm. rep.: Angélique VAN WELDEN
Not recently confirmed
AIRKAN
Director · since 08-01-2016 · Public limited company
Not recently confirmed
Not recently confirmed
Betonco SA
Director · Legal entity
Not recently confirmed
Johan Verwee Sprl
Director · Legal entity · perm. rep.: Johan Verwee
Not recently confirmed
PST Invest SA
Director · Legal entity
Not recently confirmed

Day-to-day management 1

DECOMO HOLDING
Managing director · since 02-03-2023 · Private limited company · perm. rep.: Dominique Zyde
Current
3 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Steven Vergalle
Managing director · since 16-05-2003
Not recently confirmed
Johan Verwee Sprl
Managing director · since 12-07-2013 · Legal entity · perm. rep.: Johan Verwee
Not recently confirmed
SPRL COMPAGNIE DU BLANC BALLOT
Managing director · since 30-01-2015 · Legal entity · perm. rep.: Patrick DECLERCK
Not recently confirmed

Permanent representatives 3

Angélique Van Welden
Permanent representative · since 22-01-2020 · for AVW Consult
Current
Dominique Zyde
Permanent representative · since 02-03-2023 · for DECOMO HOLDING
Current
Lieven Tsjoen
Permanent representative · since 26-06-2025 · for LIEVAIR
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Patrick DECLERCK
Permanent representative · since 30-01-2015 · for SPRL COMPAGNIE DU BLANC BALLOT
Not recently confirmed
Johan Verwee
Permanent representative · for Johan Verwee Sprl
Not recently confirmed

Statutory auditor 1

Moore Audit
Auditor · since 18-05-2022
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 →
Location & real-estate footprint
Registered office, Mouscron · 1 establishment unit since 1978
seat establishment The establishment unit on the map
Ground area
2,976 m²
Building footprint
696 m²
Parcel 54007B1264/00A000, Wallonia. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Industriëlaan 96, 7700 Mouscron
NACE 26610
since 19782.014.416.420
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54007B1264/00A000 Wallonia 2,976 m² 1 · 696 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

31 people since 2003, 17 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
AVW Consult
  • Director, from 22-01-2020 to date
DECOMO HOLDING
  • Director, from 02-03-2023 to date
  • Managing director, from 02-03-2023 to date
LIEVAIR
  • Chair, from 26-06-2025 to date
  • Director, from 26-06-2025 to date
Moore Audit
  • Auditor, from 18-05-2022 to date
Jacques Holvoet
  • Director, already before 16-05-2003 not ended, last confirmed 24-06-2003
Johan Verwee
  • Director, already before 16-05-2003 not ended, last confirmed 24-06-2003
S.A. Algemene Ondernemingen Roeland Van Maercke
  • Director, from 16-05-2003 not ended, last confirmed 24-06-2003
Steven Vergalle
  • Chair of the board, from 16-05-2003 not ended, last confirmed 24-06-2003
  • Director, from 16-05-2003 not ended, last confirmed 24-06-2003
  • Managing director, from 16-05-2003 not ended, last confirmed 24-06-2003
Annemie Vanmaercke
  • Director, already before 26-03-2010 not ended, last confirmed 26-03-2010
Johan Verwee Sprl
  • Managing director, already before 12-07-2013 not ended, last confirmed 20-12-2019
  • Director, already before 24-10-2013 not ended, last confirmed 24-10-2013
PST Invest SA
  • Président du conseil, already before 12-07-2013 to 14-10-2013
  • Director, until 14-10-2013
  • Director, already before 24-10-2013 not ended, last confirmed 24-10-2013
Betonco SA
  • Director, until 14-10-2013
  • Director, already before 24-10-2013 not ended, last confirmed 24-10-2013
Lievair SA
  • Chair of the board, from 14-10-2013 not ended, last confirmed 20-12-2019
  • Director, from 14-10-2013 not ended, last confirmed 20-12-2019
Luc Tsjoen
  • Director, from 14-10-2013 not ended, last confirmed 13-11-2013
SPRL COMPAGNIE DU BLANC BALLOT
  • Director, from 30-01-2015 not ended, last confirmed 17-03-2015
  • Managing director, from 30-01-2015 not ended, last confirmed 17-03-2015
DECOMO INVEST
  • Director, from 27-05-2015 not ended, last confirmed 01-07-2015
AIRKAN
  • Director, from 08-01-2016 not ended, last confirmed 04-03-2016
DE CARNIN CONSULTING
  • Director, from 01-09-2022 to 02-03-2023
  • Managing director, from 01-09-2022 to 02-03-2023
JOHAN VERWEE
  • Director, until 27-07-2022
  • Personne chargée de la gestion journalière, from 27-07-2022 to 31-08-2022
SCRL Moore Stephens Audit
  • Auditor, from 22-12-2014 to 18-05-2022
Angélique Van Welden
  • Director, from 14-10-2013 to 27-05-2015
  • Director, until 22-01-2020
SOGEPA SA
  • Director, from 16-12-2013 to 08-01-2016
Patrick Declerck
  • Director, already before 16-05-2003 to 30-01-2015
  • Managing director, until 16-05-2003
  • Managing director, already before 26-03-2010 ended, last mentioned 26-03-2010
SCRL Civile Moore Stephens Verschelden, Réviseurs d'entreprises
  • Statutory auditor, from 13-09-2010 to 22-12-2014
Dorothée Vergalle
  • Director, from 14-10-2013 to 16-12-2013
Algemene Ondernemingen Roeland Vanmaercke SA
  • Director, already before 26-03-2010 to 14-10-2013
Van Maercke Annemie
  • Director, from 16-05-2003 to 14-10-2013
PST Invest SA
  • Auditor, from 13-09-2010 to 13-09-2010
Jean Vanderstuyft
  • Director, until 16-05-2003
  • Managing director, until 16-05-2003
S.A. De Speyebeek
  • Director, until 16-05-2003
S.A. DML Composites
  • Director, until 16-05-2003
  • Managing director, until 16-05-2003
See the board, name and seat on a given date →

Articles of association

Purpose
Toutes les opérations qui ont trait directement ou indirectement: 1.à l'activité immobilière... 2.à l'achat, à la vente et à la fabrication de matériaux... 3.au montage et…
Full purpose

Toutes les opérations qui ont trait directement ou indirectement: 1.à l'activité immobilière... 2.à l'achat, à la vente et à la fabrication de matériaux... 3.au montage et transport... 4.à l'achat et la vente de licences... 5.à la location de matériel; 6.aux activités d'engineering... 7.à la restauration de monuments... 8.à l'entreprise d'installation d'échafaudages...

Structure & network

Part of the group Lievair 7 companies Group, risk and exposure

Owners and holdings

1 owner · 1 holding

Chain of control

  1. LIEVAIR ultimately, LEI
  2. Lievair 100%
  3. DECOMO HOLDING 100%
  4. Decomo

Highest known parent: LIEVAIR. The sources do not say who stands above it.

Owners 1

Holdings 1

  • Decomo UK LimitedGBsubsidiary
    Equity GBP 1.2mResult GBP 34,532
    100%

According to the 2024 annual accounts of Decomo and those 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

6 connected companies

Acquisitions and mergers

1 transaction
Split off to:DECOMO INVEST
partial demerger · State Gazette act of 06-01-2015 (2 acts) · effective 22-12-2014

Capital and shareholders

Capital over the years
  1. 06-01-2015 Capital reduction · to 1,725,000 EUR
  2. 19-11-2014 Capital stated in the act · 2,000,000 EUR · 127,906 shares

Recognitions · licences · registrations

Food safety, FASFC

1 site
Mouscron/Moeskroen2.014.416.420
1 permission
Toelating · Handelsinrichting hout ISPM 15 · since 27-06-2023

Legal Entity Identifier

549300ED2PWVJKER1624
live in the LEI register

Similar companies · same sector, comparable size

Of 401 companies in sector 23610 we hold annual accounts for 315. 176 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
Founded30-12-1977
Fiscal year end31-12
Activities, NACEBEL 2025
23610Manufacture of other non-metallic mineral products
Contact
E-mail info@decomo.be
Phone +32(0)56 850711
E-invoicing
Reachable via Peppol
Peppol ID 0208:0417879562
Registered 03-06-2025

Register as of 27 September 2026 · Peppol Directory

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