DECOVAN

Active Private limited companyfounded 1990active for 36 yearsEdewallestraat 70, 8610 KortemarkKBO/BCE: BE 0441.108.983 #6 company by total assets in Kortemark, Transport and storage sector

DECOVAN

Financial year 2026

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Annual accounts 2026

abbreviated format, filed on 27-10-2026, 4 days before the deadline

€2.6m

▲ 26.0%

€626,076

▲ 288%

€1.1m

▲ 81.2%

€947,196

▲ 59.8%

48.1%

▲ 3.8 percentage points

1.58

▲ 0.35

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €4.9m. Estimated: probably between €4.2m and €5.7m.

In the rankings #6 company by total assets in Kortemark, Transport and storage sector #6 company by equity in Kortemark, Transport and storage sector #8 oldest company in Kortemark, Transport and storage sector

Money flows

no detail for 2026

Balance sheet

balance sheet total €3.6m on 31-03-2026

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

48.1%

Higher than 56% of 2,418 companies in 2025.

1.58

Higher than 43% of 2,369 companies in 2025.

12.1%

Higher than 48% of 2,377 companies in 2025.

DECOVAN Middle half of the sector 80% of the sector Abbreviated accounts in land transport (NACE 49)

Staff

€79,463

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2026, 2 people joined and 1 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Balance sheet: assets
`20/58`	3.6m	2.9m	2.3m	2.2m	2.3m	2.6m	2.8m	2.7m	2.4m	2.3m	2.0m	2.2m	2.1m	1.7m	1.7m	1.3m	1.1m	1.1m	912,861
`21/28`	1.9m	1.8m	1.5m	1.4m	1.5m	1.6m	1.8m	1.6m	1.6m	1.5m	1.3m	1.1m	910,581	756,650	646,539	548,498	582,569	601,248	406,764
`22/27`	1.9m	1.8m	1.5m	1.4m	1.5m	1.6m	1.8m	1.6m	1.6m	1.5m	1.3m	1.1m	910,086	756,155	645,894	548,003	582,569	601,248	406,764
`22`	388,719	436,692	484,665	532,638	582,123	631,608	681,093	730,579	782,428	227,544	212,108	233,860	262,978	280,174	113,858	136,368	-	-	-
`23`	33,620	48,539	69,431	83,071	102,214	119,246	84,433	97,207	112,219	128,674	107,200	282	447	969	482	5,197	158,367	180,254	23,167
`24`	1.4m	1.3m	971,008	762,667	826,913	843,800	1.0m	792,862	685,708	532,845	413,059	508,749	646,661	475,012	531,554	406,438	424,202	420,994	383,597
`27`	7,494	-	-	-	-	-	-	-	-	624,534	585,674	321,472	-	-	-	-	-	-	-
`28`	495	495	495	495	495	495	495	495	495	495	495	495	495	495	645	495	-	-	-
`29/58`	1.7m	1.1m	816,543	822,548	780,977	982,351	966,909	1.1m	810,302	748,756	660,422	1.1m	1.1m	965,425	1.0m	701,624	497,075	458,155	506,097
`29`	-	-	-	-	-	-	-	-	-	-	-	6,120	-	-	-	-	-	-	-
`291`	-	-	-	-	-	-	-	-	-	-	-	6,120	-	-	-	-	-	-	-
`3`	27,000	27,000	27,000	27,000	27,000	36,200	38,600	35,300	24,300	12,800	12,800	33,264	33,264	30,737	43,839	66,267	54,766	33,198	20,657
`30/36`	27,000	27,000	27,000	27,000	27,000	36,200	38,600	35,300	24,300	12,800	12,800	33,264	33,264	30,737	43,839	66,267	54,766	33,198	20,657
`40/41`	903,819	430,153	368,630	413,490	471,873	692,984	548,966	574,800	580,900	470,651	316,173	505,521	516,128	499,733	396,077	423,624	248,854	372,577	429,899
`40`	601,732	361,189	301,572	369,490	367,326	619,283	459,026	495,993	491,861	431,329	282,043	449,656	394,914	366,930	367,015	354,563	165,452	316,384	296,026
`41`	302,087	68,964	67,058	44,000	104,547	73,701	89,940	78,807	89,039	39,322	34,130	55,865	121,214	132,803	29,063	69,061	83,402	56,193	133,873
`50/53`	-	-	-	-	-	-	-	-	-	-	15,300	9,180	-	-	553,467	-	-	-	-
`54/58`	792,157	606,638	373,035	347,150	239,167	229,601	349,600	496,617	205,102	265,306	316,149	524,498	553,321	422,955	-	208,343	86,519	45,790	46,741
`490/1`	20,630	46,156	47,878	34,908	42,936	23,565	29,743	-	-	-	-	38,054	46,486	12,000	15,000	3,390	106,936	6,590	8,800
Balance sheet: equity and liabilities
`10/49`	3.6m	2.9m	2.3m	2.2m	2.3m	2.6m	2.8m	2.7m	2.4m	2.3m	2.0m	2.2m	2.1m	1.7m	1.7m	1.3m	1.1m	1.1m	912,861
`10/15`	1.7m	1.3m	1.2m	1.1m	886,649	1.4m	1.4m	1.3m	1.1m	937,071	926,105	846,149	791,746	597,701	492,720	423,562	365,349	314,064	287,458
`10/11`	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000
`100`	-	-	-	-	-	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000	31,000
`13`	1.4m	1.0m	965,592	973,347	893,747	1.4m	1.4m	1.3m	1.0m	905,694	835,694	810,194	757,099	561,099	461,099	392,099	334,349	283,064	256,458
`130/1`	-	-	-	0	3,100	3,100	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100
`1311`	-	-	-	0	3,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`132`	983,577	929,133	884,992	892,747	890,647	885,647	779,129	699,476	516,226	412,594	457,594	432,094	393,999	257,999	208,999	168,999	151,036	128,536	108,536
`133`	462,720	80,600	80,600	80,600	0	522,000	575,000	575,000	525,000	490,000	375,000	375,000	360,000	300,000	249,000	220,000	180,213	151,428	144,822
`14`	255,518	255,518	173,009	101,771	-38,098	503	510	289	3,535	376	59,410	4,955	3,647	5,602	621	463	-	-	-
`16`	21,250	-	-	-	0	40,000	40,000	40,000	160,000	160,000	160,000	160,000	160,000	210,000	210,000	40,000	-	-	-
`160/5`	-	-	-	-	0	40,000	40,000	40,000	160,000	160,000	160,000	160,000	160,000	210,000	210,000	40,000	-	-	-
`160`	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`162`	-	-	-	-	0	40,000	40,000	40,000	160,000	160,000	-	-	-	-	-	-	-	-	-
`168`	21,250	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`17/49`	1.8m	1.6m	1.2m	1.1m	1.4m	1.1m	1.3m	1.4m	1.2m	1.2m	892,852	1.2m	1.1m	914,374	952,202	786,560	714,295	745,339	625,403
`17`	734,114	713,967	366,474	361,806	426,206	412,895	593,117	544,424	465,158	385,725	333,437	339,312	384,101	223,188	244,913	283,375	339,750	309,167	256,146
`170/4`	734,114	713,967	366,474	361,806	426,206	412,895	593,117	544,424	465,158	385,725	333,437	339,312	384,101	223,188	244,913	283,375	339,750	309,167	256,146
`42/48`	1.1m	905,586	796,939	729,373	975,063	675,488	730,406	828,012	681,418	774,847	551,872	829,645	721,088	689,186	694,789	493,685	349,724	394,584	356,757
`42`	338,258	345,786	266,777	234,181	284,290	263,266	332,734	288,200	221,500	250,587	215,025	250,789	227,524	199,850	219,467	218,042	205,750	178,750	168,508
`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	68,797	22,961	23,213	-	-	-
`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	68,797	22,961	23,213	-	-	-
`44`	399,736	320,374	238,237	291,075	389,753	237,444	158,230	256,916	194,739	273,954	102,527	260,409	349,289	330,218	334,443	199,297	117,427	191,117	164,119
`440/4`	399,736	320,374	238,237	291,075	389,753	237,444	158,230	256,916	194,739	273,954	102,527	260,409	349,289	330,218	334,443	199,297	117,427	191,117	164,119
`45`	362,615	155,652	113,166	108,864	113,934	69,087	116,209	172,249	157,217	167,763	143,370	157,888	91,862	59,853	96,734	28,342	26,547	24,717	24,130
`450/3`	193,587	31,651	6,702	5,822	5,623	2,990	7,735	8,720	9,554	21,851	20,628	16,096	563	450	24,836	1,021	23,337	21,436	9,717
`454/9`	169,028	124,001	106,464	103,041	108,311	66,097	108,474	163,529	147,663	145,912	122,743	141,793	91,299	59,403	71,897	27,321	3,210	3,281	14,413
`47/48`	6,383	83,773	178,760	95,253	187,085	105,691	123,233	110,648	107,961	82,543	90,949	160,560	52,414	30,468	21,185	24,791	-	-	-
`492/3`	4,344	7,190	9,129	4,122	4,804	6,868	7,016	6,558	5,715	5,205	7,544	6,389	2,844	2,000	12,500	9,500	24,821	41,588	12,500
Income statement
`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.5m	2.0m	1.9m
`76A`	243,679	53,937	55,000	126,500	45,200	66,278	44,500	81,750	65,500	15,000	59,505	36,920	-	54,000	40,000	52,353	22,500	20,000	55,161
`9900`	2.6m	2.0m	1.8m	1.8m	1.0m	1.4m	1.2m	1.6m	1.6m	1.6m	1.5m	1.5m	1.4m	1.2m	1.3m	965,894	847,660	651,736	559,973
`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.7m	1.3m	1.3m
`62`	1.4m	1.3m	1.2m	1.1m	1.1m	909,472	769,516	1.0m	984,712	945,101	925,927	898,340	675,320	547,121	585,772	495,997	425,259	359,726	301,188
`630`	510,633	466,000	395,741	359,715	397,417	364,151	307,309	424,457	482,121	502,204	448,452	485,427	394,258	426,169	398,753	351,654	290,222	218,546	203,423
`631/4`	0	13,356	-	-	-	-	-	-	-	-	-	-	99	-	2,370	2,052	-	-	-
`635/8`	-	-	-	0	-40,000	-	-	-120,000	-	-	-	-	-50,000	-	170,000	40,000	-	-	-
`640/8`	79,620	85,009	58,639	114,557	63,520	93,919	87,930	126,600	73,130	126,389	57,516	58,778	51,537	37,171	46,887	31,733	49,225	37,683	23,115
`66A`	-	0	20,100	19,966	0	2,885	21,200	-	4,000	8,250	36,150	4,000	-	990	-	-	-	-	5,010
`9901`	626,076	161,205	90,067	234,490	-527,091	33,444	82,142	181,194	105,882	30,588	81,567	21,395	301,402	147,950	69,429	44,458	82,954	35,781	32,247
`75/76B`	967	7	2	0	41	66,278	44,501	83,447	66,495	22,684	466	652	731	1,352	2,575	3,240	175	162	149
`75`	967	7	2	0	41	-	1	1,697	995	7,684	466	652	731	1,352	2,575	3,240	175	162	149
`76B`	-	-	-	-	-	66,278	44,500	81,750	65,500	15,000	-	-	-	-	-	-	-	-	-
`65/66B`	41,439	34,560	26,586	14,822	28,552	21,092	39,000	15,947	20,515	25,196	20,306	21,605	19,191	18,419	18,935	20,784	22,516	21,770	16,729
`65`	41,439	34,560	26,586	14,822	28,552	18,207	17,800	15,947	16,515	16,946	20,306	21,605	19,191	18,419	18,935	20,784	22,516	21,770	16,729
`66B`	-	-	-	-	-	2,885	21,200	-	4,000	8,250	-	-	-	-	-	-	-	-	-
`9903`	585,603	126,652	63,483	219,667	-555,602	78,630	87,642	248,694	151,862	28,076	85,084	33,362	282,941	183,893	93,069	79,267	83,113	34,173	65,818
`680`	21,250	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`67/77`	127,790	2	0	198	0	25,119	7,768	18,690	10,072	17,110	5,128	-21,041	88,896	48,912	23,912	21,054	31,828	7,567	8,442
`9904`	436,564	126,650	63,483	219,469	-555,602	53,511	79,874	230,004	141,790	10,966	79,956	54,403	194,045	134,981	69,158	58,213	51,285	26,606	57,376
`789`	9,306	9,306	7,755	46,900	-	-	-	-	-	45,000	-	-	-	-	-	-	-	-	-
`689`	63,750	53,447	0	126,500	5,000	106,518	79,653	183,250	103,631	-	25,500	38,095	136,000	49,000	40,000	17,963	22,500	20,000	40,000
`9905`	382,120	82,509	71,238	139,869	-560,602	-53,007	221	46,754	38,159	55,966	54,456	16,308	58,045	85,981	29,158	40,250	28,785	6,606	17,376
Appropriation of the result
`9906`	637,638	255,518	173,009	101,771	-560,098	-52,497	510	50,289	38,535	115,376	59,410	19,955	63,647	86,602	29,621	40,250	28,785	6,606	17,376
`14P`	255,518	173,009	101,771	-38,098	503	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	-	-	0	522,000	53,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	382,120	-	-	-	-	-	-	50,000	35,000	115,000	-	15,000	60,000	51,000	29,000	39,787	28,785	6,606	17,376
`6921`	382,120	-	-	-	-	-	-	50,000	35,000	115,000	-	15,000	60,000	51,000	29,000	39,787	28,785	6,606	17,376
`694/7`	-	-	-	-	-	-	-	-	-	-	-	-	-	30,000	-	-	-	-	-
`695`	-	-	-	-	-	-	-	-	-	-	-	-	-	30,000	-	-	-	-	-
Social balance sheet
`9087`	17.1	16.4	15.3	14.7	16.7	13.4	13.6	15.6	14.9	14.9	14.9	14.1	11.5	9.7	10.8	9.6	8.8	7.4	6.7
Hours worked`1013`	39,699	39,424	36,756	35,433	38,295	29,827	30,996	39,933	34,800	34,800	34,807	34,601	26,629	21,808	23,185	20,899	19,458	16,966	14,635
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 17 older financial years (1991-2007) were filed as documents without figures as data, scans for example.

The notes to these accounts have 23 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 27-10-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-03-2026	abbreviated format	27-10-2026	2026-00598998	PDF
31-03-2025	abbreviated format	01-10-2025	2025-00532670	PDF
31-03-2024	abbreviated format	21-10-2024	2024-00510348	PDF
31-03-2023	abbreviated format	12-10-2023	2023-00488919	PDF
31-03-2022	abbreviated format	27-10-2022	2022-20481891	PDF
31-03-2021	abbreviated format	27-09-2021	2021-68600227	PDF
31-03-2020	abbreviated format	30-09-2020	2020-57400519	PDF
31-03-2019	abbreviated format	30-09-2019	2019-67200174	PDF
31-03-2018	abbreviated format	01-10-2018	2018-67300308	PDF
31-03-2017	abbreviated format	02-10-2017	2017-65500501	PDF
31-03-2016	abbreviated format	26-09-2016	2016-61100237	PDF
31-03-2015	abbreviated format	29-10-2015	2015-65900128	PDF
31-03-2014	abbreviated format	27-10-2014	2014-65600538	PDF
31-03-2013	abbreviated format	09-12-2013	2013-68100236	PDF
31-03-2012	abbreviated format	29-11-2012	2012-65600039	PDF
31-03-2011	abbreviated format	30-11-2011	2011-62500475	PDF
31-03-2010	abbreviated format	30-10-2010	2010-59800089	PDF
31-03-2009	abbreviated format	09-12-2009	2009-88200055	PDF
31-03-2008	abbreviated format	11-05-2009	2009-14300197	PDF
31-03-2007	abbreviated format	09-04-2008	2008-09900125	PDF
31-03-2006	abbreviated format	05-10-2007	2007-76600058	PDF
31-03-2005	abbreviated format	30-09-2005	2005-74200110	PDF
31-03-2004	abbreviated format	30-09-2004	2004-67700184	PDF
31-03-2003	abbreviated format	31-10-2003	2003-76900064	PDF
31-03-2002	abbreviated format	23-04-2003	2003-11400011	PDF
31-03-2001	abbreviated format	24-12-2001	2001-77100235	PDF
31-03-2000	abbreviated format	08-12-2000	2000-74800019	PDF
31-03-1999	abbreviated format	07-12-1999	1999-61902958	PDF
31-03-1998	abbreviated format	13-11-1998	1998-56605373	PDF
31-03-1997	abbreviated format	18-11-1997	1997-53203474	PDF
31-03-1996	abbreviated format	16-12-1996	1996-53404046	PDF
31-03-1995	abbreviated format	29-12-1995	1995-61803306	PDF
31-03-1994	abbreviated format	09-01-1995	1995-00601087	PDF
31-03-1993	abbreviated format	05-07-1994	1994-25705140	PDF
31-03-1992	abbreviated format	05-07-1994	1994-25705127	PDF
31-03-1991	abbreviated format	05-07-1994	1994-25705116	PDF

Subsidies and aid

Flemish government 2022 to 2025, 3 entries, €9,561 awarded, €9,561 paid

Subsidies ecologisch en veilig transport (discontinued)

€9,000

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€561

Year	Entries	Awarded	Paid
2025	1	€432	€432
2023	1	€9,000	€9,000
2022	1	€129	€129

Key figures and ratios

per financial year, computed from the annual accounts

2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
1.1m	627,205	485,808	594,205	-129,674	397,595	389,451	605,652	588,003	532,791	530,019	506,822	695,660	574,119	468,182	396,112	373,176	254,327	235,670
947,196	592,650	459,224	579,184	-158,185	417,662	387,183	654,461	623,911	513,170	528,408	539,830	588,304	561,150	467,911	409,867	341,507	245,152	260,799
553,494	805,000	577,570	260,840	325,812	195,300	616,236	479,000	566,880	697,759	749,329	691,772	548,189	558,170	496,794	346,692	271,543	413,030	285,538
185,519	233,603	25,885	107,983	9,566	-119,999	-147,017	291,516	-60,204	-50,843	-208,349	-28,823	130,366	-	-	121,824	40,729	-951	-
636,614	204,361	19,604	93,175	-194,086	306,863	236,503	278,705	128,884	-26,091	108,550	286,992	428,110	276,239	313,594	207,939	147,351	63,571	149,340
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.3%	1.8%	1.7%
48.1%	44.3%	49.9%	50.2%	38.7%	56.0%	50.3%	48.0%	45.1%	41.4%	46.8%	38.8%	38.4%	34.7%	29.8%	33.9%	33.8%	29.6%	31.5%
1.58	1.23	1.02	1.13	0.80	1.45	1.32	1.34	1.19	0.97	1.20	1.35	1.59	1.40	1.45	1.42	1.42	1.16	1.42
1.55	1.20	0.99	1.09	0.77	1.40	1.27	1.29	1.15	0.95	1.17	1.31	1.55	1.36	1.39	1.29	1.26	1.08	1.36
1.07	1.25	1.00	0.99	1.59	0.76	0.96	1.05	1.07	1.24	0.96	1.39	1.40	1.53	1.93	1.86	1.96	2.37	2.18
25.2%	9.8%	5.4%	19.8%	-62.7%	3.7%	5.8%	17.6%	13.1%	1.2%	8.6%	6.4%	24.5%	22.6%	14.0%	13.7%	14.0%	8.5%	20.0%
12.1%	4.3%	2.7%	10.0%	-24.2%	2.1%	2.9%	8.4%	5.9%	0.5%	4.0%	2.5%	9.4%	7.8%	4.2%	4.7%	4.8%	2.5%	6.3%
27.43	18.15	18.27	40.09	-4.54	-	-	-	-	-	-	-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24 days	58 days	58 days
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26 days	53 days	46 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-03-2026	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Employees at the balance-sheet date	18	17	15	14	18
full-time	17	15	13	13	17
part-time	1	2	2	1	1
in full-time equivalents	17.8	16.6	14.6	13.8	17.8
	17.1	16.4	15.3	14.7	16.7
On a permanent contract	16	14	13	12	15
Joined	2	6	10	5	5
Left	1	4	9	8	3
Training hours	-	-	0	-	-

Source: social balance sheet in the 2022 to 2026 annual accounts

Investments

fixed assets acquired

Item	31-03-2026	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Tangible fixed assets	€553,494	€805,000	€577,570	€260,840	€325,812
Financial fixed assets	€0	-	-	-	-
	€510,633	€466,000	€395,741	€359,715	€397,417

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on DECOVAN

The operating result for 2026 is 3.9 times that of 2025 and the highest since 2008. It is the second rise in a row, after the fall in 2024.

Debt's share of the balance-sheet total falls from 55.7% to 51.3%. Equity and debt are higher.

Large changes and their cause

2026 Net result +245% on 2025. The 2026 profit included a one-off income of €243,679.
2024 Net result -71% on 2023. The 2023 profit included a one-off income of €126,500.

Next steps

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Annual accounts 2026

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency48.1%

Current ratio1.58

Return on assets12.1%

Staff

Staff cost per FTE€79,463

Joined and left+1 person

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 3 entries, €9,561 awarded, €9,561 paid

Key figures and ratios

Social balance sheet

Investments

Insights on DECOVAN

Next steps

in €m

in euro

48.1%

1.58

12.1%

€79,463

+1 person