Equity
€14.4m ▼ 0.4%
DECOSPAN HOLDING paid out €1.5m in dividends. That is 104% of the 2025 profit.
DECOSPAN HOLDING
Lifetime
20 annual accounts with figures on one time axis, 46 filings since 1979peak €47.0m (2006)
€6.6m▲ 32.7%
peak €19.0m (2018)
€1.4m▲ 28.2%
peak €28.0m (2008)
€14.4m▼ 0.4%
€24.6m▲ 541%
peak 88.7 FTE (2006)
7.9 FTE▲ 19.7%
Board11 names since 2018
8 directorsLurinvest and 7 others
Owners2 names in the annual accounts
100%The Veneer
Documentsfilings and deeds
14-07-202617 days before the deadline
2025financial year
Turnover from €5.0m to €6.6mResult from €1.1m to €1.4mStaff from 6.6 FTE to 7.9 FTE1 director appointed 24-094 directors appointed, 3 resignations 30-05Dividend €1.5m
Key points
from the 2025 annual accountsDebts
€24.6m ▲ 541%
Debts rose by €20.7m in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€2.9m 5.3 × depreciation
Green is investment, beige is depreciation.
Staff
7.9 FTE from 88.7 in 2006
Between 2006 and 2025, 91% of the full-time equivalents disappeared.
Payment terms
145 days to suppliers
DECOSPAN HOLDING pays its suppliers 60 days later than in 2024. Customers pay 22 days later.
Liquidity
0.18 was 1.29 in 2024
Short-term debts rose from €3.8m to €19.1m.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal, which does not raise the risk
1 signal.
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 days early
2024
13 days early
2023
20 days early
2022
19 days early
2021
20 days early
2020
18 days early
2019
24 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 19 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 12 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
and 3 others
- The Veneer 100%equity €42.9m (2025) · 2025 annual accounts of The Veneer
Shares in 14 companies, including Decofib, Unipessoal LDA and Decospan China CO., LTD.
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 9925:BE0418850156
1 director appointed
GRIET VANDENHEEDE · Permanent representatives: Griet Vandenheede and Pieterjan Desmet · General meeting of 10-07-2025 · Gazette deed
4 directors appointed, 3 resignations
Resignations: NV THE VENEER, BV DEMA Invest and CommV Cedmat · Permanent representatives: Pieterjan Desmet, Marieke Desmet, Christophe Degrez, Geert Roelens, Luc Truyens, Jan Desmet and 3 others · Appointments: BV MAPIDE (managing director), BV CNVision (chair of the board), BV ELEMGA and CommV Cedmat · General meeting of 14-04-2025 · Gazette deed
1 statutory auditor reappointed
CALLENS VANDELANOTTE (statutory auditor) · Permanent representatives: Filip Remmery and Pieterjan Desmet · General meeting of 03-07-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DECOSPAN HOLDING Menen | €6.6m | 0.6% | 36.9% | 7.9 |
| GROUP Depré Beernem | €4.1m | 5.5% | 88.8% | 6 |
| BC OUDE KASSEI Waregem | €3.6m | 6.8% | 76.9% | 9.8 |
| DE WITTE-DE BLICK Brussels | €6.5m | 40.8% | 5.0% | 8.7 |
| PUR NATUR INVEST Kruisem | €3.9m | 24.6% | 60.3% | 9.4 |
| DRS BELGIUM Brussels | €4.9m | -62.4% | -4.6% | 6.2 |
| VEE- EN VLEES INVESTERINGSMAATSCHAPPIJ Olen | €4.8m | 13.0% | 64.8% | 11.3 |
Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as DECOSPAN HOLDING: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €26m and €87m, founded between 1982 and 1994.
Official details
Source: KBO- Status
- Active since 22-11-1978Normal situation
- Activity
- Activities of holding companiesNACE 64210and 3 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 100Auxiliary committee for blue-collar workers · annual accounts 2024
- Establishment unit
- 2.015.503.6128930 Menen, since 22-06-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 01-01-2026
Annual accounts 2025
- €39.0m▲ 112%
- Employeeson 31-12-2025
- 8▲ 14.3%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Companies linked to DECOSPAN HOLDING
Subsidiaries and holdings
- DECOSPAN99.98%
- WOODCOUSTICS50%
- GRENSLAND POWER24%
Insights on DECOSPAN HOLDING
DECOSPAN HOLDING has existed since 1978. Turnover fell from €47.0m in 2006 to €2.1m in 2007.
Solvency fell in 2025 from 78.6% to 36.9% because of the dividend.
The Veneer holds all the shares. In May 2025, the Official Gazette published the appointment of MAPIDE as managing director.
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 DECOSPAN HOLDING
- What is the company number of DECOSPAN HOLDING?
- The company number of DECOSPAN HOLDING is 0418.850.156. The VAT number is the same number with BE in front: BE 0418.850.156.
- Where is DECOSPAN HOLDING based?
- The registered office is at Lageweg 33, 8930 Menen.Company details
- What does DECOSPAN HOLDING do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of DECOSPAN HOLDING?
- DECOSPAN HOLDING is a public limited company (NV).
- When was DECOSPAN HOLDING founded?
- DECOSPAN HOLDING was founded on 22-11-1978.
- Is DECOSPAN HOLDING still active?
- Yes, DECOSPAN HOLDING is an active enterprise in the KBO register.
- How many employees does DECOSPAN HOLDING have?
- DECOSPAN HOLDING had an average of 7.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DECOSPAN HOLDING fall under?
- In its 2024 annual accounts, DECOSPAN HOLDING states joint committees 200 (Auxiliary committee for white-collar workers) and 100 (Auxiliary committee for blue-collar workers).
- What is the turnover of DECOSPAN HOLDING?
- The turnover of DECOSPAN HOLDING was €6.6m in financial year 2025, according to the filed annual accounts.
- Is DECOSPAN HOLDING profitable?
- In financial year 2025, DECOSPAN HOLDING made a profit of €1.4m.
- Where can I find the annual accounts of DECOSPAN HOLDING?
- DECOSPAN HOLDING filed 61 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DECOSPAN HOLDING due?
- DECOSPAN HOLDING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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