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DECOTIM

Active Public limited companyfounded 1994active for 32 yearsGalgeveld 37, 8730 BeernemKBO/BCE: BE 0452.133.628

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €273,975 (2006)
€242,916▲ €275,798
lowest -€40,597 (2016)
€117,482▼ 65.3%
peak €654,732 (2025)
€654,732▲ 2.3%
€96,901▲ 9.7%
Board4 names since 2019
3 directors and 2 others
Owners
  
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Gross margin from -€32,881 to €242,916Result from €338,110 to €117,482Reappointments: (managing director) and (managing director) 07-07Dividend €102,857Cash from €17,482 to €41,970

Key points

from the 2025 annual accounts

Equity

€654,732 ▲ 2.3%
640,1072024+117,482Profit-102,857Dividend654,7322025

DECOTIM paid out €102,857 in dividends. That is 88% of the 2025 profit.

Result

€117,482 ▼ 65.3%
€338,0002024€117,0002025

The result fell in 2025: the 2024 profit included a one-off income of €588,100.

Position in the sector

€117,482

Higher net result than 95% of companies in wholesale trade. Sector median €5,606 · 13,813 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as DECOTIM has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 20,137 companies, not a prediction for DECOTIM. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Managing director
Daily manager
  • 50%score equity €341,374 (2025) · 2024 annual accounts of
Board & ownership

Recent changes

Reappointments: (managing director) and (managing director) General meeting of 30-05-2025 · Gazette deed
2 directors appointed, 2 resignations Resignations: (director) and (director) · Appointments: (director) and (director) · holds 125 shares · Gazette deed
Environmental permit granted Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Brugge
Environmental permit refused Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Brugge
All 46 events

Comparable companies

same main activity, similar in size and age
Company
DECOTIM Beernem €751,633 €242,916 87.1% -
KRYPTON INFORMATION SYSTEMS Bruges €719,106 €250,910 51.3% -
STEAMLOC INTERNATIONAL Merksplas €835,018 €237,982 59.5% -
M.K.D. BELTING Lebbeke €669,942 €203,702 79.4% -
MATOSS, NEUF ET OCCASION Seraing €660,248 €221,849 57.8% -
ABYDOS Ichtegem €725,089 €154,349 36.2% 1
Jackstack International Knokke-Heist €544,536 €337,255 68.1% 0.9

These companies have the same main activity as DECOTIM: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €545,000 and €835,000, founded between 1991 and 1996.

Official details

Source: KBO
Status
Active since 07-02-1994Normal situation
Activity
Wholesale of other machinery and equipmentNACE 46649and 2 others
Establishment unit
2.066.271.9278730 Beernem, since 07-04-1994
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

≈ €1.2mestimated
€751,633▲ 3.2%
Filing
Filed on 02-06-2026, 59 days before the end of the filing period
Financials

Insights on DECOTIM

DECOTIM files the micro format. That format states no turnover. The gross margin fell from €273,975 in 2006 to €242,916 in 2025.

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 DECOTIM

What is the company number of DECOTIM?
The company number of DECOTIM is 0452.133.628. The VAT number is the same number with BE in front: BE 0452.133.628.
Where is DECOTIM based?
The registered office is at Galgeveld 37, 8730 Beernem.Company details
What does DECOTIM do?
According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
What is the legal form of DECOTIM?
DECOTIM is a public limited company (NV).
When was DECOTIM founded?
DECOTIM was founded on 07-02-1994.
Is DECOTIM still active?
Yes, DECOTIM is an active enterprise in the KBO register.
What is the turnover of DECOTIM?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €242,916 and 59 comparable companies (NACE 46). It probably lies between €580,000 and €2.2m.Financials
Is DECOTIM profitable?
In financial year 2025, DECOTIM made a profit of €117,482.
Where can I find the annual accounts of DECOTIM?
DECOTIM filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DECOTIM due?
DECOTIM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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