DECOWALL
InactiveInactive since 30-04-2026; last annual accounts for fiscal year 2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-02-2026, 170 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
170 d early
2024
111 d early
2023
96 d early
2022
80 d early
2021
13 d early
2020
40 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 78 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€19,341
2024 · €13,945
Working capital
€18,271▼ 32.7%
2024 · €27,162
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
Line20212022202320242025
Operating result€11,875▼ 14.6%-€11,807€23,834€13,999▼ 41.3%-€19,288
Net result€10,594▼ 14.3%-€13,969€22,795€13,945▼ 38.8%-€19,341
Equity€14,841▲ 249%€872▼ 94.1%€23,667▲ 2,614%€37,612▲ 58.9%€18,271▼ 51.4%
Total assets€185,064▲ 109%€187,472▲ 1.3%€112,835▼ 39.8%€116,285▲ 3.1%€18,271▼ 84.3%
Debt€170,223▲ 102%€186,600▲ 9.6%€89,167▼ 52.2%€78,673▼ 11.8%€0▼ 100%
Working capital€14,841▲ 249%€2,984▼ 79.9%€16,189▲ 443%€27,162▲ 67.8%€18,271▼ 32.7%
Staff (FTE)5.8▼ 20.5%6▲ 3.4%6=5.6▼ 6.7%5.6=
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €19,288 after €13,999 in 2024, the lowest result in the available series.
Key figures and ratios
Solvency
100.0%▲
2024 · 32.3%
Debt to equity
0.00▼
2024 · 2.09
ROE
-105.9%▼
2024 · 37.1%
ROA
-105.9%▼
2024 · 12.0%
Debt ≤ 1 year
€0▼
2024 · €78,345
Staff costs
€240▼
2024 · €373,026
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €125,000 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €246,004 | €211,416 | €228,759 | €373,026 | €240 | ▼ 99.9% |
| Other operating charges640/8 | €10,622 | €4,670 | €1,428 | €7,418 | €327 | ▼ 95.6% |
| Gross operating margin9900 | €268,502 | €204,278 | €254,021 | €394,443 | -€18,721 | ▼ 105% |
| Operating profit (loss)9901 | €11,875 | -€11,807 | €23,834 | €13,999 | -€19,288 | ▼ 238% |
| Financial income75/76B | - | €1 | €0 | €0 | €1 | ▲ 9,700% |
| Recurring financial income75 | - | €1 | €0 | €0 | €1 | ▲ 9,700% |
| Financial charges65/66B | €1,281 | €2,163 | €1,039 | €54 | €54 | ▼ 0.6% |
| Recurring financial charges65 | €1,281 | €2,163 | €1,039 | €54 | €54 | ▼ 0.6% |
| Profit (loss) for the period before taxes9903 | €10,594 | -€13,969 | €22,795 | €13,945 | -€19,341 | ▼ 239% |
| Profit (loss) for the period9904 | €10,594 | -€13,969 | €22,795 | €13,945 | -€19,341 | ▼ 239% |
| Profit (loss) for the period to be appropriated9905 | €10,594 | -€13,969 | €22,795 | €13,945 | -€19,341 | ▼ 239% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €185,064 | €187,472 | €112,835 | €116,285 | €18,271 | ▼ 84.3% |
| Fixed assets21/28 | - | - | €8,411 | €10,777 | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | €8,411 | €10,777 | €0 | ▼ 100% |
| Current assets29/58 | €185,064 | €187,472 | €104,424 | €105,507 | €18,271 | ▼ 82.7% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Stocks30/36 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €151,608 | €91,521 | €94,789 | €51,849 | €1,496 | ▼ 97.1% |
| Trade receivables40 | €150,448 | €91,521 | €94,789 | €51,849 | €0 | ▼ 100% |
| Other amounts receivable41 | €1,159 | €0 | - | - | €1,496 | - |
| Cash at bank and in hand54/58 | €31,602 | €91,609 | €6,660 | €50,629 | €16,775 | ▼ 66.9% |
| Deferred charges and accrued income490/1 | €1,855 | €4,343 | €2,975 | €3,030 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €185,064 | €187,472 | €112,835 | €116,285 | €18,271 | ▼ 84.3% |
| Equity10/15 | €14,841 | €872 | €23,667 | €37,612 | €18,271 | ▼ 51.4% |
| Contributions10/11 | €260,000 | €260,000 | €260,000 | €260,000 | €260,000 | = |
| Capital10 | €260,000 | €260,000 | €260,000 | €260,000 | €260,000 | = |
| Issued capital100 | €260,000 | €260,000 | €260,000 | €260,000 | €260,000 | = |
| Reserves13 | €86,000 | €26,000 | €26,000 | €26,000 | €26,000 | = |
| Non-distributable reserves130/1 | €26,000 | €26,000 | €26,000 | €26,000 | €26,000 | = |
| Legal reserve130 | €26,000 | €26,000 | €26,000 | €26,000 | €26,000 | = |
| Distributable reserves133 | €60,000 | €0 | - | - | - | - |
| Profit (loss) carried forward14 | -€331,159 | -€285,128 | -€262,333 | -€248,388 | -€267,729 | ▼ 7.8% |
| Amounts payable17/49 | €170,223 | €186,600 | €89,167 | €78,673 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €170,223 | €184,489 | €88,235 | €78,345 | €0 | ▼ 100% |
| Trade debts44 | €38,930 | €52,222 | €19,937 | €10,392 | €0 | ▼ 100% |
| Suppliers440/4 | €38,930 | €52,222 | €19,937 | €10,392 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €25,707 | €26,680 | €42,711 | €67,953 | €0 | ▼ 100% |
| Taxes450/3 | €1,502 | €7,179 | €14,037 | €40,561 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €24,206 | €19,502 | €28,674 | €27,392 | €0 | ▼ 100% |
| Other amounts payable47/48 | €105,586 | €105,586 | €25,586 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | €2,112 | €933 | €327 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,594 | -€13,969 | €22,795 | €13,945 | -€19,341 | ▼ 239% |
| Operating cash flow (approximation) | €10,594 | -€13,969 | €22,795 | €13,945 | -€19,341 | ▼ 239% |
| Investment in fixed assets (approximation) | - | - | - | -€2,366 | €10,777 | ▲ 555% |
| Change in cash | - | €60,007 | -€84,950 | €43,970 | -€33,854 | ▼ 177% |
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
Next filing, fiscal year 2026, expected by
2026
11-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €22,795
Net result €22,795 after one loss-making year.
12-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €16,185
Net result €16,185 after one loss-making year.
13-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai
Ground area
984 m²
Building footprint
34 m²
Volume, LiDAR
67 m³
Parcel 57078D0063/00A002, Wallonia · tallest building 2.3 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57078D0063/00A002 | Wallonia | 984 m² | 1 · 34 m² | 2.3 m · 1 fl. |
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.
Structure & network
Owners and holdings
1 ownerChain of control
- ELCOFIN
- DECOWALL
Highest known parent: ELCOFIN. The sources do not say who stands above it.
Owners 1
- ELCOFINparentSourceaccounts ELCOFIN 2025100%
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
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPublic limited company
Founded28-10-1994
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.