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DECREM

Active Private limited companyfounded 2000active for 25 yearsGrotestraat 8, 1540 PajottegemKBO/BCE: BE 0473.420.574
DECREM
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Overview

Lifetime

20 annual accounts with figures on one time axis, 25 filings since 2001
peak €336,621 (2012)
€152,003▼ 7.7%
lowest -€5,156 (2021)
€284▼ 98.3%
peak €147,857 (2015)
€117,393▼ 15.9%
€119,767▲ 289%
peak 6.7 FTE (2007)
-not published
Board2 names since 2000
- 
Documentsfilings and deeds
08-04-2026114 days before the deadline
2025micro format
Result from €17,202 to €284Dividend €22,500Equity from €139,609 to €117,393Debts from €30,794 to €119,767Investments €113,555

Key points

from the 2025 annual accounts

Equity

€117,393 ▼ 15.9%
139,6092024+284Profit-22,500Dividend117,3932025

DECREM paid out €22,500 in dividends. That is 7,911% of the 2025 profit.

Turnover

≈ €570,000 estimated

The micro format states no turnover.

Debts

€119,767 ▲ 289%
Financial debts
+64,853
Taxes and wages
+3,160
The rest
+20,959

Debts rose by €88,973 in 2025.

Investments

€113,555 3.2 × depreciation
2021202220242025

Green is investment, beige is depreciation.

Staff

2 FTE from 6.7 in 2007

Between 2007 and 2025, 70% of the full-time equivalents disappeared.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

The last five annual accounts were filed 26 to 134 days before the end of the period.

Checked score

93
Excellent
Financially stronger than 47% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

74-26equity 49.5% of total assets
85-10short-term debt 23.0% · cash 34.4%
67-14return on assets 0.1%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.80, cash €81,496
Founded in 2000
Equity €117,393 (49.5% of total assets)
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 43, micro). It does better than 54% of them on solvency, 83% on liquidity, 33% on profitability and 20% on growth.

The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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, 17,041 companies had the same profile as DECREM has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DECREM itself: 0.1% within 12 months.

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 17,041 companies, not a prediction for DECREM. 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 €10,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.8 (3.53 in 2024), above the usual 1.5. Short-term debt is 23% and cash 34.4% of total assets. However, 50.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.80, cash €81,496
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €117,393 (49.5% of total assets)
NBB · annual accounts
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 08-04-2026, 114 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
114 days early
2024
86 days early
2023
134 days early
2022
32 days early
2021
26 days early
2020
25 days early
2019
23 days early
← 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 63 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 6 May (4 of the last 5 accounts filed within 54 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
DB
DECREM Bertrand
Director, until 2023
VG
VERVAELE Gina
Director, until 2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0473420574
2 directors appointed, 2 resignations Resignations: DECREM Bertrand and VERVAELE Gina · Appointments: DECREM Bertrand and VERVAELE Gina · Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Capital decrease of €63,540 to €19,200 Capital from €82,740 to €19,200 · General meeting of 16-01-2018 · Gazette deed
First establishment Grotestraat 8, Pajottegem
All 36 events

Comparable companies

same main activity, similar in size and age
Company
DECREM Pajottegem - - 49.5% -
ZARIN Leuven €738,244 8.3% 76.1% -
CHARLY DESIGN Vilvoorde - - -81.2% -
FRANK VAN HAM Antwerp - - 71.9% -
XAVIER VERVLOESEM Gedinne €563,575 5.5% 70.0% -
VANGOD Ramillies - - 35.0% -
MENUISERIE GUY CLAVIER Donceel - - 83.0% -

These companies have the same main activity as DECREM: joinery installation (NACE 43320). They are comparable in size and age: total assets between €211,000 and €251,000, founded between 2002 and 2004.

Official details

Source: KBO
Status
Active since 05-12-2000Normal situation
Activity
Joinery installationNACE 43320and 1 other
Joint committee
124Construction · annual accounts 2021
Establishment unit
2.097.718.6341540 Pajottegem, since 03-01-2001
Financial year end
31 December
Peppol
Reachable since 11-06-2025
Company details

Annual accounts 2025

€152,003▼ 7.7%
€284▼ 98.3%
€117,393▼ 15.9%
€237,160▲ 39.2%
Employeeson 31-12-2025
2=
Filing
Filed on 08-04-2026, 114 days before the end of the filing period
Financials

Insights on DECREM

DECREM files the micro format. That format states no turnover. The gross margin fell from €302,863 in 2006 to €152,003 in 2025.

The balance sheet grew most from 2023 to 2025 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 08-04-2026, 114 days before the deadline
€152,003
▼ 7.7%
-€11,628
▼ €29,064
€284
▼ 98.3%
€43,478
▼ 44.3%
49.5%
▼ 32.4 percentage points
1.80
▼ 1.73

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

Turnover ≈ €570,000. Estimated: probably between €400,000 and €780,000.

Balance sheet

balance sheet total €237,160 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

49.5%

Higher than 53% of 35,156 companies in 2025.

1.80

Higher than 50% of 34,529 companies in 2025.

0.1%

Higher than 24% of 34,730 companies in 2025.

DECREM Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

€63,161

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

level

people who joined people who left

In 2025, nobody joined and nobody left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 237,160170,403147,291124,754151,347163,861113,604117,415178,366212,097233,297180,844157,749159,502214,603209,956245,052230,124219,104258,230
21/28 139,19961,61126,00938,02748,05445,71915,77441,12165,46385,17897,67731,33631,32540,59481,60983,762112,464125,801112,367125,966
21 ----------------14,63429,26943,90358,538
22/27 139,05961,47125,86937,88747,91445,57915,63440,98165,32385,03897,53731,19631,18540,45481,46983,62297,83096,53268,46467,429
23 1,6602,0505509111,2721,632--1,1482,296--1,7606,47311,77813,5973,8366,4909,88113,902
24 131,92551,32614,60423,64134,95129,4792,91423,71442,36262,38281,53812,0806,57815,76948,17653,03382,86773,39936,42425,852
26 5,4748,09510,71513,33611,69214,46712,72017,26721,81420,36116,00019,11622,84718,21221,51616,99111,12716,64322,15927,675
28 140140140140140140140140140140140140140140140140----
29/58 97,961108,792121,28286,726103,293118,14297,83076,294112,903126,919135,620149,508126,424118,907132,994126,194132,587104,324106,737132,264
3 5,1657,4425,2611,3151,5681,3151,4981,9362,9863,3244,1184,0175,1085,6968,0507,6308,3359,20312,28115,503
30/36 5,1657,4425,2611,3151,5681,3151,4981,9362,9863,3244,1184,0175,1085,6968,0507,6308,3359,20312,28115,503
40/41 6,05614,38830,18019,85325,76812,12019,77430,18428,45513,82623,34914,20535,69230,95459,79248,77055,51547,46138,45512,107
40 4389,29121,0468,22710,0191,0269,06429,23427,3356,52815,08513,95535,44230,55057,63239,78739,55333,68537,48612,107
41 5,6175,0979,13411,62515,74911,09410,7119501,1197,2988,2642502504032,1608,98315,96313,776969-
54/58 81,49681,82880,23665,12063,88791,85464,97332,55773,296101,64298,236119,05772,27068,55051,90158,54157,77639,88247,294100,786
490/1 5,2455,1345,60543912,07012,85311,58511,6178,1668,1269,91712,22913,35413,70713,25111,25310,9617,7778,7083,869
Balance sheet: equity and liabilities
10/49 237,160170,403147,291124,754151,347163,861113,604117,415178,366212,097233,297180,844157,749159,502214,603209,956245,052230,124219,104258,230
10/15 117,393139,609122,407103,30893,99199,14796,73983,922144,131142,490147,857128,464105,691106,053103,773101,44394,35585,93876,30073,422
10/11 19,20019,20019,20019,20019,20019,20019,20019,20082,74082,74082,74082,74082,74019,20019,20019,20019,20019,20019,20019,200
100 ------19,20019,20082,74082,74082,74082,74082,74019,20019,20019,20019,20019,20019,20019,200
13 98,193120,409103,20784,10874,79179,94777,53970,08966,75865,11765,11745,72422,95186,85384,57382,24375,15566,73857,10054,222
130/1 --08,2748,2748,274--------------
130 ------8,2748,2748,2748,2748,2748,2748,2741,9211,9211,9211,9211,9211,9211,921
1311 --08,2748,2748,274--------------
132 -----12,13912,13911,97611,97611,97611,97611,97611,97611,97611,97611,97611,97611,97611,97611,976
133 98,193120,409103,20775,83466,51759,53357,12649,84046,50844,86744,86725,4742,70172,95670,67668,34661,25852,84143,20340,325
14 0-------5,368-5,368-5,368----------
17/49 119,76730,79424,88421,44557,35664,71416,86533,49334,23569,60785,44052,38052,05853,449110,830108,513150,696144,186142,804184,808
17 64,853---5,09313,737--5,47722,86039,9183,2779,63920,63641,53636,66260,85874,27577,00594,797
170/4 64,853---5,09313,737--5,47722,86039,9183,2779,63920,63641,53636,66260,85874,27577,00594,797
42/48 54,48430,79424,88421,44552,26450,97716,86533,49328,75846,74745,52249,10342,41932,81269,29471,85089,83869,91265,79990,011
42 28,53023,79405,0938,6458,538-5,47717,38317,05820,0156,36210,99820,89922,39124,19642,05242,730--
43 -0748---------------34,46932,224
430/8 -0748---------------34,46932,224
44 3,9584,92423,54214,12342,92141,12515,79223,26010,61022,58615,57121,01329,61210,76245,29546,72646,90926,07214,47238,434
440/4 3,9584,92423,54214,12342,92140,09915,79223,26010,61022,33615,57121,01329,61210,76245,29546,72646,90926,07214,47238,434
441 -----1,026---250----------
45 5,2372,0765942,2306981,3141,0734,7567657,1029,93621,6971,3034459032221714336,1819,548
450/3 5,2372,0765941,6306981,3141,0734,7567653,2279,93616,6411,3034459032221714336,1819,548
454/9 --0600-----3,876-5,056--------
47/48 16,760----------3150670670670670667710,6779,805
492/3 430-------------------
Income statement
76A --08,702-2,014----15,200-----50011,866500-
9900 152,003164,689148,662136,97099,474109,460190,111174,680176,167181,602191,032260,253308,788336,621331,623316,590301,878264,607313,611302,863
62 126,322128,236106,558102,80785,98094,960141,684137,924139,554143,244146,737231,682253,893276,198263,868238,582214,975208,422253,892231,548
630 35,96616,22912,01813,35012,7488,13926,00727,55526,91226,98324,61313,60417,68741,67654,85957,45458,69343,27141,54242,147
631/4 ------------23,77123,771-------
640/8 1,3422,7872,3191,9241,8691,9741,7411,9421,7891,8382,7431,8172,1032,7882,1241,8407,0942,2722,3601,357
66A --04,264---0-----7,275------
9901 -11,62817,43727,76614,625-1,1224,38820,6797,2597,9129,53716,93836,92111,33415,96010,77218,71321,11510,64315,81627,812
75/76B 16,5476,83019016--0--60023411460--169136141158
75 1821819016--0---23411460--169136141158
76B 16,5296,6120------600----------
65/66B 4,1932891298309907071,1163501,5901,5622,4682,0021,8073,3935,1626,5238,2649,60411,42314,333
65 4,1932891298309907071,1163501,5901,5622,4682,0021,8073,3935,1626,5238,2649,60411,42314,333
9903 72623,97727,82713,811-2,1123,68119,5636,9106,3228,57529,69334,9609,5415,3525,61112,19013,52013,0415,03413,636
67/77 4426,7758,7284,4933,0441,2736,7463,5784,6813,18710,30012,1882,8433,0723,2815,1025,1033,4032,1574,030
9904 28417,20219,0999,317-5,1562,40812,8173,3311,6415,38819,39422,7736,6982,2802,3307,0888,4179,6382,8779,607
789 ----12,139---------------
689 ------163-------------
9905 28417,20219,0999,3176,9832,40812,6543,3311,6415,38819,39422,7736,6982,2802,3307,0888,4179,6382,8779,607
Appropriation of the result
9906 28417,20219,0999,3176,9832,4087,286-2,036-3,7275,38819,39422,7736,6982,2802,3307,0888,4179,6382,8779,607
791/2 22,500-----------70,600-------
691/2 28417,20219,0999,3176,9832,4087,2863,3311,641-19,39422,7736,6982,2802,3307,0888,4179,6382,8779,607
6920 ------------6,353-------
6921 28417,20219,0999,3176,9832,4087,2863,3311,641-19,39422,7733452,2802,3307,0888,4179,6382,8779,607
694/7 22,500--------10,756--70,600-------
694 22,500--------10,756--70,600-------
Social balance sheet
9087 2222233.83.843.83.95.36.26.66.66.35.45.56.76
Hours worked1013 3,0083,0562,7122,7362,4322,8584,2325,0724,7044,7844,8327,0728,4409,3769,7889,1128,1287,6889,9139,197
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 08-04-2026.

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
31-12-2025 micro format 08-04-2026 2026-00074332 PDF
31-12-2024 micro format 06-05-2025 2025-00090244 PDF
31-12-2023 micro format 19-03-2024 2024-00046194 PDF
31-12-2022 micro format 29-06-2023 2023-00181169 PDF
31-12-2021 micro format 05-07-2022 2022-20145002 PDF
31-12-2020 micro format 06-07-2021 2021-31900469 PDF
31-12-2019 micro format 08-07-2020 2020-27200034 PDF
31-12-2018 micro format 05-06-2019 2019-16000329 PDF
31-12-2017 micro format 15-06-2018 2018-18800045 PDF
31-12-2016 micro format 05-07-2017 2017-28200130 PDF
31-12-2015 abbreviated format 06-06-2016 2016-15600258 PDF
31-12-2014 abbreviated format 24-06-2015 2015-21100078 PDF
31-12-2013 abbreviated format 31-07-2014 2014-38000208 PDF
31-12-2012 abbreviated format 10-06-2013 2013-16400465 PDF
31-12-2011 abbreviated format 07-06-2012 2012-15500320 PDF
31-12-2010 abbreviated format 15-06-2011 2011-16700327 PDF
31-12-2009 abbreviated format 09-06-2010 2010-16200324 PDF
31-12-2008 abbreviated format 15-06-2009 2009-23400048 PDF
31-12-2007 abbreviated format 10-06-2008 2008-21400027 PDF
31-12-2006 abbreviated format 10-07-2007 2007-37600379 PDF
31-12-2005 abbreviated format 22-06-2006 2006-29504657 PDF
31-12-2004 abbreviated format 29-06-2005 2005-36602921 PDF
31-12-2003 abbreviated format 07-07-2004 2004-42004753 PDF
31-12-2002 abbreviated format 04-07-2003 2003-39701708 PDF
31-12-2001 abbreviated format 05-06-2002 2002-17402219 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
24,33933,66539,78527,97511,62612,52646,68634,81434,82536,52041,55150,52529,02157,63665,63176,16779,80853,91357,35969,958
36,25133,43131,11722,6687,59210,54738,82430,88628,55332,37244,00736,37724,38543,95657,18864,54267,11052,90944,42051,753
113,55551,83107,58715,08338,6866603,2137,19814,48490,95413,6168,41766152,70628,75245,35645027,94310,313
-3331,59315,1161,233-27,96726,88232,415-40,739-28,3463,406-20,82146,7873,71916,649-6,64076517,894-7,412-53,492-
43,47877,99896,39865,28151,02967,16580,96542,80184,14580,17290,098100,40584,00586,09563,69954,34442,74934,41240,93842,253
49.5%81.9%83.1%82.8%62.1%60.5%85.2%71.5%80.8%67.2%63.4%71.0%67.0%66.5%48.4%48.3%38.5%37.3%34.8%28.4%
1.803.534.874.041.982.325.802.283.932.722.983.042.983.621.921.761.481.491.621.47
1.703.294.663.981.952.295.712.223.822.642.892.962.863.451.801.651.381.361.441.30
1.020.220.200.210.610.650.170.400.240.490.580.410.490.501.071.071.601.681.872.52
0.2%12.3%15.6%9.0%-5.5%2.4%13.2%4.0%1.1%3.8%13.1%17.7%6.3%2.1%2.2%7.0%8.9%11.2%3.8%13.1%
0.1%10.1%13.0%7.5%-3.4%1.5%11.3%2.8%0.9%2.5%8.3%12.6%4.2%1.4%1.1%3.4%3.4%4.2%1.3%3.7%
5.80over 100over 10033.6911.75---------------

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

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date22222
full-time22222
part-time000--
in full-time equivalents22222
22222
On a permanent contract22222
Joined0-0-0
Left0-0-1
Training hours-6255--

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€113,555€51,831-€7,587€15,083
Financial fixed assets€0----
€35,966€16,229€12,018€13,350€12,748

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on DECREM

The operating result for 2025 is a loss of €11,628, after a profit of €17,437 in 2024. It is the lowest result since 2006.

Debt's share of the balance-sheet total rises from 18.1% to 50.5%. Equity is lower and debt is higher.

Board & ownership

Board

Last change in 2023
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 03-11-2023

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
DECREM Bertrand
Director
VERVAELE Gina
Director
Earlier
Mandates as a list
  • DECREM Bertrand
    • Director, from 30-11-2000 to 03-11-2023
  • VERVAELE Gina
    • Director, from 27-06-2003 to 03-11-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€19,200
Source
2025 annual accounts

Articles of association

deed of 03-11-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Algemene vergadering kan niet-statutaire bestuurder te allen tijde zonder opgave redenen met onmiddellijke ingang beëindigen,kan…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 14:00

Timeline

Timeline

36 events since 2000

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 114 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0473420574
Annual accounts 2024 filed PDFmicro format · 86 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 134 days before the deadline
2023
2 directors appointed, 2 resignationsResignations: DECREM Bertrand and VERVAELE Gina · Appointments: DECREM Bertrand and VERVAELE Gina · Legal-form conversion: from private limited company (pre-2019) to private limited company5 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 32 days before the deadline
2022
Back to profit net €9,317 The net result is €9,317, after one loss-making year.
Liquidity doubles current ratio 4.04 The current ratio rises from 1.98 to 4.04. Short-term debt falls from €52,264 to €21,445.
Annual accounts 2021 filed PDFmicro format · 26 days before the deadline
2021
Weakest financial year net -€5,156 The net result drops to -€5,156, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFmicro format · 25 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 23 days before the deadline
2019
Liquidity more than doubled current ratio 5.80 The current ratio rises from 2.28 to 5.80. Short-term debt falls from €33,493 to €16,865.
Annual accounts 2018 filed PDFmicro format · 56 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 46 days before the deadline
Capital decrease of €63,540 to €19,200Capital from €82,740 to €19,200 · General meeting of 16-01-20184 points ▸
  • General meeting, 16-01-2018
  • Capital decrease, €63,540
  • Amendment of the articles, article 5
  • Power of attorney, Nathalie STADSBADER
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2017
Annual accounts 2016 filed PDFmicro format · 26 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 55 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 37 days before the deadline
2014
Highest result from 2006 to 2025 net €22,773 ▲240% The operating result of €36,921 and the net result of €22,773 are both a record.
Annual accounts 2013 filed PDFabbreviated format · on the deadline day
2013
Annual accounts 2012 filed PDFabbreviated format · 51 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 54 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 46 days before the deadline
2010
Equity above €100,000 equity €101,443 ▲7.5% With a profit in every financial year since 2006, equity grows to €101,443.
Annual accounts 2009 filed PDFabbreviated format · 52 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 46 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 51 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 21 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
First establishment Grotestraat 8, Pajottegem
2000
Incorporation published on 14-12-2000

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 5 December 2000, DECREM was incorporated.1 Total assets went from €117,415 in 2018 to €237,160 in 2025 and headcount from 3.8 to 2 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0473.420.574
VAT number
BE 0473.420.574
Peppol ID
0208:0473420574
Other Peppol ID
9925:BE0473420574
Legal form
Private limited company
Status
Active, normal situation
Founded
05-12-2000
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 14:00
deed of 03-11-2023 (in Dutch)
Peppol
Reachable since 11-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DECREM in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 03-11-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Grotestraat 8, 1540 Herne”
deed of 03-11-2023 (in Dutch)

Activities

NACEBEL 2025
VAT activities
43320 Joinery installation main activity
Social security (RSZ) activities
43410 Roofing work main activity
Joint committees annual accounts 2021
JC 124 Construction
Codes under NACEBEL 2008
VAT activities
43320 Joinery installation main activity
Social security (RSZ) activities
43910 Specialised construction activities main activity
Codes under NACEBEL 2003
VAT activities
45421 main activity
Social security (RSZ) activities
45220 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Grotestraat 8 registered office 1540 Pajottegem 4100302 General construction of other non-residential buildings 03-01-2001 2.097.718.634

Buildings and parcels at the address

Ground area
327 m²
Buildings
145 m²
Volume, LiDAR
1,136 m³
Tallest building
9.6 m
Buildings to scale, each on its own parcel
145 m², 9.6 m 145 m², 9.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
23032I0328/00K000327 m² 1 · 145 m² 9.6 m · 3

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0473.420.574

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