Skip to content

DECSYS

Active Public limited companyfounded 1989active for 37 yearsWoestijnstraat 31, 2880 BornemKBO/BCE: BE 0437.688.546 subsidiary of
Part of the group 8 companies

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989
peak €1.6m (2012)
€1.4m▼ 6.6%
lowest -€158,049 (2016)
€50,823▼ 54.1%
peak €1.0m (2025)
€1.0m▲ 4.2%
€1.1m▼ 50.3%
peak 27.8 FTE (2008)
14.2 FTEunchanged
Board3 names since 2017
3 directors and 2 others
Owners2 names in the annual accounts
99.36%
Documentsfilings and deeds
15-10-202676 days late
2025abbreviated format
Result from €110,638 to €50,823Debts from €2.2m to €1.1mCash from €308,078 to €170,236

Key points

from the 2025 annual accounts

Equity

€1.0m ▲ 4.2%

DECSYS has made a profit without a break since 2018.

Result

€50,823 ▼ 54.1%
€111,0002024€50,8002025

The result fell in 2025 from €110,638 to €50,823.

Turnover

≈ €2.3m estimated

The abbreviated format states no turnover.

Investments

€58,377 0.4 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 42.1% higher than in 2024.

Staff

14.2 FTE from 27.8 in 2008

Between 2008 and 2025, 49% of the full-time equivalents disappeared.

Filings

37 annual accounts 76 days
AprilJune31 JulyOctober1990200020102020

Latest accounts filed late: after the legal deadline.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,769 companies had the same profile as DECSYS has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 14,769 companies, not a prediction for DECSYS. 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 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

Board and ownership

Director, since 27-10-2017
Director, since 27-10-2017
Director, , since 27-10-2017
  • 99.36%equity €856,289 (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0437688546
3 directors resigning, 3 reappointments Resignations: ; and · Reappointments: ; and · Permanent representative: · Gazette deed
3 directors appointed (chair of the board), (managing director) and (managing director) · Permanent representative: · General meeting of 27-10-2017 · Gazette deed
First establishment Quadralis, Woestijnstraat 31, Bornem
All 47 events

Comparable companies

same main activity, similar in size and age
Company
DECSYS Bornem €2.1m €1.4m 48.2% 14.2
V.R.I. Couvin €3.1m €1.2m 47.7% 11.5
RAEMDONCK PVC RAMEN Zele €1.6m €1.6m 22.1% 17.7
MENUISOL Namur €3.7m €1.2m 19.1% 11.7
CHASSIS 2000 Blegny €1.9m €0.6m 31.2% 13.6
CO-JOINT Liège €1.9m €0.8m 37.7% 9
MG POSE Sambreville €3.9m €1.7m 84.2% 12.8

These companies have the same main activity as DECSYS: manufacture of rubber and plastic products (NACE 22240). They are comparable in size and age: total assets between €1.6m and €3.9m, founded between 1986 and 1999.

Official details

Source: KBO
Status
Active since 09-06-1989Normal situation
Activity
Manufacture of rubber and plastic productsNACE 22240and 2 others
Joint committees
111Metal, mechanical and electrical engineering
209White-collar workers in metal manufacturing · annual accounts 2025
Establishment unit
2.044.377.8392880 Bornem, since 08-08-1989
Financial year end
31 December
Peppol
Reachable since 15-12-2025
Company details

Annual accounts 2025

€2.1m▼ 33.6%
Employeeson 31-12-2025
15=
Filing
Filed on 15-10-2026
Financials

Companies linked to DECSYS

Parent and group

Insights on DECSYS

DECSYS files the abbreviated format. That format states no turnover. The gross margin rose from €944,269 in 2006 to €1.4m in 2025.

holds 99.36% of the shares.

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 DECSYS

What is the company number of DECSYS?
The company number of DECSYS is 0437.688.546. The VAT number is the same number with BE in front: BE 0437.688.546.
Where is DECSYS based?
The registered office is at Woestijnstraat 31, 2880 Bornem.Company details
What does DECSYS do?
According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22240).
What is the legal form of DECSYS?
DECSYS is a public limited company (NV).
When was DECSYS founded?
DECSYS was founded on 09-06-1989.
Is DECSYS still active?
Yes, DECSYS is an active enterprise in the KBO register.
How many employees does DECSYS have?
DECSYS had an average of 14.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DECSYS fall under?
In its 2025 annual accounts, DECSYS states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
What is the turnover of DECSYS?
The turnover in financial year 2025 is ≈ €2.3m. This figure is estimated from the gross margin of €1.4m and 1,585 comparable companies of the same size. It probably lies between €1.6m and €3.8m. It is a rough estimate.
Is DECSYS profitable?
In financial year 2025, DECSYS made a profit of €50,823.
Where can I find the annual accounts of DECSYS?
DECSYS filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DECSYS due?
DECSYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.