Summary
DECA PACKAGING GROUP has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €2.41M and a net result of €666k. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 28% of 4604 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit check for your own amount and term
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 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
7 d early
2022
29 d late
2021
31 d late
2020
30 d late
2019
46 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€2.52M▼ 1.0%
2023 · €2.55M
2018: €1.68Mlowest value
2019: €1.92M▲ +14.1% vs 2018
2020: €1.90M▼ -1.2% vs 2019
2022: €2.23M
2023: €2.55M▲ +14.2% vs 2022highest value
2024: €2.52M▼ -1.0% vs 2023
2018 → 2024
EBIT margin
22.8%▲ 11.3pp
2023 · 11.4%
2018: 9.7%lowest value
2019: 15.4%▲ +58.7% vs 2018
2020: 15.4%▲ +0.4% vs 2019
2022: 21.8%
2023: 11.4%▼ -47.6% vs 2022
2024: 22.8%▲ +99.4% vs 2023highest value
2018 → 2024
Net result
€666k▲ 302%
2023 · €166k
2018: €294k
2019: €1.53M▲ +419% vs 2018
2020: €-147k▼ -110% vs 2019lowest value
2022: €1.57Mhighest value
2023: €166k▼ -89.5% vs 2022
2024: €666k▲ +302% vs 2023
2018 → 2024
Working capital
€501k
2023 · €-412k
2018: €643k
2019: €1.35M▲ +110% vs 2018
2020: €1.47M▲ +8.7% vs 2019
2022: €2.74Mhighest value
2023: €-412k▼ -115% vs 2022lowest value
2024: €501k▲ +221% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202220232024Trend
Turnover€1.92M-€1.90M▼ 1.2%€2.23M▲ 17.5%€2.55M▲ 14.2%€2.52M▼ 1.0%
2019: €1.92M
2020: €1.90M▼ -1.2% vs 2019lowest value
2022: €2.23M
2023: €2.55M▲ +14.2% vs 2022highest value
2024: €2.52M▼ -1.0% vs 2023
Equity€6.65M-€6.51M▼ 2.2%€9.98M▲ 53.4%€2.95M▼ 70.5%€2.41M▼ 18.1%
2019: €6.65M
2020: €6.51M▼ -2.2% vs 2019
2022: €9.98Mhighest value
2023: €2.95M▼ -70.5% vs 2022
2024: €2.41M▼ -18.1% vs 2023lowest value
Operating result€295k-€293k▼ 0.7%€486k▲ 66.1%€291k▼ 40.2%€574k▲ 97.4%
2019: €295k
2020: €293k▼ -0.7% vs 2019
2022: €486k
2023: €291k▼ -40.2% vs 2022lowest value
2024: €574k▲ +97.4% vs 2023highest value
Net result€1.53M-€-147k€1.57M€166k▼ 89.5%€666k▲ 302%
2019: €1.53M
2020: €-147k▼ -110% vs 2019lowest value
2022: €1.57Mhighest value
2023: €166k▼ -89.5% vs 2022
2024: €666k▲ +302% vs 2023
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 97% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10.18M
Fixed assets
€7.05M ▼ 1.8%
Current assets
€3.13M ▼ 21.0%
Equity and liabilities €10.18M
Equity
€2.41M ▼ 18.1%
Provisions
€28k ▼ 49.2%
Debt
€7.74M ▼ 4.9%
Debt's share of the balance-sheet total rises from 73.0% to 76.0%. Equity and debt are lower.
Key figures and ratios
ROE
27.6%▲
2023 · 5.6%
ROA
6.5%▲
2023 · 1.5%
Debt ≤ 1 year
€2.63M▼
2023 · €4.38M
Debt > 1 year
€5.11M▲
2023 · €3.76M
Income taxes
€149k▲
2023 · €125k
Staff costs
€707k▼
2023 · €765k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 88 lines
Balance sheet
Code20232024
Assets
Total assets20/58€11.14M€10.18M▼
Fixed assets21/28€7.18M€7.05M▼
Tangible fixed assets22/27€1.14M€1.01M▼
Plant, machinery and equipment23€791€2k▲
Furniture and vehicles24€145k€209k▲
Leasing and similar rights25€8k-
Other tangible fixed assets26€989k€798k▼
Financial fixed assets28€6.03M€6.04M▲
Affiliated companies280/1€6.03M€6.04M▲
Participating interests280€5.63M€5.63M=
Amounts receivable281€402k€409k▲
Companies linked by participating interests282/3€3k€3k=
Participating interests282€3k€3k=
Other financial fixed assets284/8-€500
Amounts receivable and cash guarantees285/8-€500
Current assets29/58€3.96M€3.13M▼
Amounts receivable within one year40/41€3.15M€1.33M▼
Trade receivables40€2.60M€1.11M▼
Other amounts receivable41€552k€226k▼
Current investments50/53€313k€321k▲
Other investments51/53€313k€321k▲
Cash at bank and in hand54/58€473k€1.45M▲
Deferred charges and accrued income490/1€27k€31k▲
Equity and liabilities
Total equity and liabilities10/49€11.14M€10.18M▼
Equity10/15€2.95M€2.41M▼
Contributions10/11€1.22M€1.22M=
Capital10€1.22M€1.22M=
Issued capital100€1.22M€1.22M=
Reserves13€1.56M€1.19M▼
Non-distributable reserves130/1€122k€122k=
Legal reserve130€122k€122k=
Tax-exempt reserves132€126k€126k=
Distributable reserves133€1.31M€944k▼
Profit (loss) carried forward14€166k-
Provisions and deferred taxes16€56k€28k▼
Deferred taxes168€56k€28k▼
Amounts payable17/49€8.14M€7.74M▼
Amounts payable after more than one year17€3.76M€5.11M▲
Financial debts170/4€3.76M€5.11M▲
Subordinated loans170-€182k
Credit institutions173€3.76M€4.92M▲
Amounts payable within one year42/48€4.38M€2.63M▼
Current portion of amounts payable after more than one year42€377k€548k▲
Financial debts43€105k€101k▼
Credit institutions430/8€105k€101k▼
Trade debts44€328k€297k▼
Suppliers440/4€328k€297k▼
Taxes, remuneration and social security45€315k€372k▲
Taxes450/3€238k€290k▲
Remuneration and social security454/9€77k€82k▲
Other amounts payable47/48€3.25M€1.31M▼
Accrued charges and deferred income492/3€367€4k▲
Income statement
Code20232024
Operating income70/76A€2.81M€2.89M▲
Turnover70€2.55M€2.52M▼
Other operating income74€233k€367k▲
Non-recurring operating income76A€26k€2k▼
Operating charges60/66A€2.52M€2.32M▼
Goods for resale, raw materials and consumables60€41k-
Purchases600/8€41k-
Services and other goods61€1.37M€1.32M▼
Remuneration, social security and pensions62€765k€707k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€335k€287k▼
Other operating charges640/8€4k€4k▲
Operating profit (loss)9901€291k€574k▲
Financial income75/76B€20k€498k▲
Recurring financial income75€20k€38k▲
Income from financial fixed assets750€17k€38k▲
Income from current assets751€3k-
Other financial income752/9€59€34▼
Non-recurring financial income76B-€460k
Financial charges65/66B€59k€285k▲
Recurring financial charges65€59k€216k▲
Debt charges650€53k€213k▲
Other financial charges652/9€6k€3k▼
Non-recurring financial charges66B-€69k
Profit (loss) for the period before taxes9903€252k€787k▲
Transfer from deferred taxes780€38k€27k▼
Income taxes67/77€125k€149k▲
Taxes670/3€125k€149k▲
Profit (loss) for the period9904€166k€666k▲
Profit (loss) for the period to be appropriated9905€166k€666k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.86M€832k▼
Profit (loss) brought forward from the previous period14P€4.69M€166k▼
Transfer from equity791/2€2.51M€368k▼
From reserves792€2.51M€368k▼
Profit to be distributed694/7€7.20M€1.20M▼
Return on contributions (dividend)694€7.20M€1.20M▼
Social balance
Average headcount (FTE)908710.69.7▼
The notes to these accounts (89 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €2.47M | €2.81M | €2.89M | ▲ 3.0% |
| Turnover70 | €1.92M | €1.90M | €2.23M | €2.55M | €2.52M | ▼ 1.0% |
| Other operating income74 | - | - | €238k | €233k | €367k | ▲ 57.6% |
| Non-recurring operating income76A | - | - | - | €26k | €2k | ▼ 93.7% |
| Operating charges60/66A | - | - | €1.98M | €2.52M | €2.32M | ▼ 7.9% |
| Goods for resale, raw materials and consumables60 | - | - | - | €41k | - | - |
| Purchases600/8 | - | - | - | €41k | - | - |
| Services and other goods61 | - | - | €826k | €1.37M | €1.32M | ▼ 3.8% |
| Remuneration, social security and pensions62 | - | - | €814k | €765k | €707k | ▼ 7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €119k | €106k | €336k | €335k | €287k | ▼ 14.3% |
| Other operating charges640/8 | - | - | €5k | €4k | €4k | ▲ 10.1% |
| Non-recurring operating charges66A | - | - | €1k | - | - | - |
| Operating profit (loss)9901 | €295k | €293k | €486k | €291k | €574k | ▲ 97.4% |
| Financial income75/76B | - | - | €1.27M | €20k | €498k | ▲ 2,358% |
| Recurring financial income75 | €29k | €16k | €817k | €20k | €38k | ▲ 89.8% |
| Income from financial fixed assets750 | - | - | €817k | €17k | €38k | ▲ 125% |
| Income from current assets751 | - | - | - | €3k | - | - |
| Other financial income752/9 | - | - | €0 | €59 | €34 | ▼ 42.7% |
| Non-recurring financial income76B | - | - | €450k | - | €460k | - |
| Financial charges65/66B | - | - | €15k | €59k | €285k | ▲ 387% |
| Recurring financial charges65 | €19k | €17k | €15k | €59k | €216k | ▲ 269% |
| Debt charges650 | €16k | €15k | €12k | €53k | €213k | ▲ 304% |
| Other financial charges652/9 | - | - | €3k | €6k | €3k | ▼ 42.5% |
| Non-recurring financial charges66B | - | - | - | - | €69k | - |
| Profit (loss) for the period before taxes9903 | €1.62M | €-58k | €1.74M | €252k | €787k | ▲ 212% |
| Transfer from deferred taxes780 | - | - | €38k | €38k | €27k | ▼ 27.6% |
| Income taxes67/77 | €96k | €89k | €203k | €125k | €149k | ▲ 19.2% |
| Taxes670/3 | - | - | €203k | €125k | €149k | ▲ 19.2% |
| Tax adjustments and reversals of tax provisions77 | - | - | €40 | - | - | - |
| Profit (loss) for the period9904 | €1.53M | €-147k | €1.57M | €166k | €666k | ▲ 302% |
| Profit (loss) for the period to be appropriated9905 | €1.42M | €-167k | €1.57M | €166k | €666k | ▲ 302% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.22M | €7.82M | €10.96M | €11.14M | €10.18M | ▼ 8.6% |
| Fixed assets21/28 | €5.94M | €5.56M | €7.36M | €7.18M | €7.05M | ▼ 1.8% |
| Tangible fixed assets22/27 | €944k | €914k | €1.38M | €1.14M | €1.01M | ▼ 11.7% |
| Plant, machinery and equipment23 | - | - | €2k | €791 | €2k | ▲ 114% |
| Furniture and vehicles24 | - | - | €101k | €145k | €209k | ▲ 44.4% |
| Leasing and similar rights25 | - | - | €13k | €8k | - | - |
| Other tangible fixed assets26 | - | - | €1.26M | €989k | €798k | ▼ 19.3% |
| Financial fixed assets28 | €4.99M | €4.64M | €5.98M | €6.03M | €6.04M | ▲ 0.1% |
| Affiliated companies280/1 | - | - | €5.98M | €6.03M | €6.04M | ▲ 0.1% |
| Participating interests280 | - | - | €5.59M | €5.63M | €5.63M | = |
| Amounts receivable281 | - | - | €394k | €402k | €409k | ▲ 1.9% |
| Companies linked by participating interests282/3 | - | - | €3k | €3k | €3k | = |
| Participating interests282 | - | - | €3k | €3k | €3k | = |
| Other financial fixed assets284/8 | - | - | - | - | €500 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | €500 | - |
| Current assets29/58 | €2.29M | €2.26M | €3.60M | €3.96M | €3.13M | ▼ 21.0% |
| Amounts receivable within one year40/41 | €1.25M | €1.80M | €2.90M | €3.15M | €1.33M | ▼ 57.7% |
| Trade receivables40 | - | - | €2.65M | €2.60M | €1.11M | ▼ 57.4% |
| Other amounts receivable41 | - | - | €258k | €552k | €226k | ▼ 59.0% |
| Current investments50/53 | - | - | - | €313k | €321k | ▲ 2.5% |
| Other investments51/53 | - | - | - | €313k | €321k | ▲ 2.5% |
| Cash at bank and in hand54/58 | €981k | €449k | €671k | €473k | €1.45M | ▲ 206% |
| Deferred charges and accrued income490/1 | - | - | €23k | €27k | €31k | ▲ 18.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.22M | €7.82M | €10.96M | €11.14M | €10.18M | ▼ 8.6% |
| Equity10/15 | €6.65M | €6.51M | €9.98M | €2.95M | €2.41M | ▼ 18.1% |
| Contributions10/11 | €1.22M | €1.22M | €1.22M | €1.22M | €1.22M | = |
| Capital10 | - | - | €1.22M | €1.22M | €1.22M | = |
| Issued capital100 | - | - | €1.22M | €1.22M | €1.22M | = |
| Reserves13 | €4.05M | €4.07M | €4.07M | €1.56M | €1.19M | ▼ 23.6% |
| Non-distributable reserves130/1 | - | - | €122k | €122k | €122k | = |
| Legal reserve130 | - | - | €122k | €122k | €122k | = |
| Tax-exempt reserves132 | - | - | €126k | €126k | €126k | = |
| Distributable reserves133 | - | - | €3.82M | €1.31M | €944k | ▼ 28.1% |
| Profit (loss) carried forward14 | €1.39M | €1.22M | €4.69M | €166k | - | - |
| Provisions and deferred taxes16 | - | - | €94k | €56k | €28k | ▼ 49.2% |
| Deferred taxes168 | - | - | €94k | €56k | €28k | ▼ 49.2% |
| Amounts payable17/49 | €1.57M | €1.31M | €883k | €8.14M | €7.74M | ▼ 4.9% |
| Amounts payable after more than one year17 | €636k | €520k | €24k | €3.76M | €5.11M | ▲ 35.8% |
| Financial debts170/4 | - | - | €24k | €3.76M | €5.11M | ▲ 35.8% |
| Subordinated loans170 | - | - | - | - | €182k | - |
| Leasing and similar obligations172 | - | - | €3k | - | - | - |
| Credit institutions173 | - | - | €21k | €3.76M | €4.92M | ▲ 30.9% |
| Amounts payable within one year42/48 | €935k | €792k | €859k | €4.38M | €2.63M | ▼ 39.9% |
| Current portion of amounts payable after more than one year42 | - | - | €34k | €377k | €548k | ▲ 45.3% |
| Financial debts43 | - | - | €77k | €105k | €101k | ▼ 4.0% |
| Credit institutions430/8 | - | - | €77k | €105k | €101k | ▼ 4.0% |
| Trade debts44 | €131k | €212k | €185k | €328k | €297k | ▼ 9.6% |
| Suppliers440/4 | - | - | €185k | €328k | €297k | ▼ 9.6% |
| Taxes, remuneration and social security45 | - | - | €329k | €315k | €372k | ▲ 18.3% |
| Taxes450/3 | - | - | €210k | €238k | €290k | ▲ 22.2% |
| Remuneration and social security454/9 | - | - | €118k | €77k | €82k | ▲ 6.3% |
| Other amounts payable47/48 | - | - | €235k | €3.25M | €1.31M | ▼ 59.6% |
| Accrued charges and deferred income492/3 | - | - | €100 | €367 | €4k | ▲ 1,066% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.53M | €-147k | €1.57M | €166k | €666k | ▲ 302% |
| + Depreciation and write-downs630 | €119k | €106k | €336k | €335k | €287k | ▼ 14.3% |
| Operating cash flow (approximation) | €1.65M | €-41k | €1.91M | €501k | €953k | ▲ 90.3% |
| Investment in fixed assets (approximation) | - | €274k | - | €-152k | €-161k | ▼ 6.4% |
| Change in cash | - | €-532k | - | €-198k | €974k | ▲ 592% |
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
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial
Back to profitnet €1.57M
Net result €1.57M after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-147k
Net result drops to €-147k, the lowest in the series; recovery starts the following year.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 46 days late
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 14 days late
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
10-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 18 acts read
About the unread acts
We know of 18 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
18 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, Herentals · 1 establishment unit since 2000
Ground area
2.7 ha
Building footprint
1.5 ha
Parcel 13302D0268/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
DECA PACKAGING GROUP
since 20002.099.490.170
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0268/00C000 | Flanders | 2.7 ha | 1 · 1.5 ha | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,772 EUR awarded · 1,607 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,185 EUR | 1,081 EUR |
| 2024 | 1 | 254 EUR | 193 EUR |
| 2023 | 1 | 100 EUR | 100 EUR |
| 2022 | 1 | 233 EUR | 233 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Identification & contact
Identification
Legal formPublic limited company
Founded21-02-2000
Fiscal year end31-12
Abbreviation NL
DECA
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.