ACTIVE

DESMET BELGIUM

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Financial year 2024 · Closed on 31/12/2024

Net result16,5 M €-10,2 %over 1 year
Revenue126,8 M €-22,6 %over 1 year
Equity53,5 M €-4,3 %over 1 year
Workforce129,0 ETP+2,5 %over 1 year

Identity

Source · BCE/KBO

DESMET BELGIUM is a Public limited company incorporated in 1946. Its registered office is in Machelen (Brab.). It employs on average 129,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0403.642.140
Incorporation
25/07/1946
Legal form
Public limited company
Registered office
De Kleetlaan 7 B
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/12/2024
Average workforce
129,0 ETP
Joint committees (1)
  • 209
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20242023202220212020
Income statement
Revenue126,8 M €163,8 M €145 M €81,8 M €65,4 M €
EBITDA16,9 M €13,4 M €4,2 M €4,1 M €2,3 M €
Operating result11,6 M €14,5 M €12,4 M €4,4 M €3,1 M €
Net result16,5 M €18,3 M €136,9 M €36,4 M €10,4 M €
Balance sheet
Equity53,5 M €55,9 M €167 M €161,4 M €145 M €
Total assets183,5 M €168,1 M €288,2 M €274 M €240,4 M €
Cash21 M €7,4 M €9,4 M €23 M €5,9 M €
Debts122,7 M €109,5 M €118,9 M €112,4 M €95,1 M €
Other
Workforce129,0 ETP125,8 ETP122,5 ETP96,3 ETP81,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

6 active · 31 ended

Active mandates

OLIVIER HANNE

Director · since 01 janvier 2025 · until 23 mai 2030 · 0873.395.621

Active
Sammy Hulpiau-Ongenaert

Director · since 01 janvier 2025 · until 23 mai 2030

Active
Fredrik Ekström

Director · since 01 novembre 2022 · until 25 mai 2028

Active
Emma Adlerton

Director · since 01 août 2022 · until 25 mai 2028

Active
Nainesh Patel

Director · since 01 août 2022 · until 01 janvier 2025

Active
Timothy Kemper

Director · since 01 août 2022 · until 01 janvier 2025

Active

Ended mandates

Fredrik Ekström

Director · since 01 novembre 2022 · until 01 novembre 2028

Ended
Emma Adlerton

Director · since 01 août 2022 · until 01 août 2028

Ended
Nainesh Patel

Director · since 01 août 2022 · until 01 août 2028

Ended
Timothy Kemper

Director · since 01 août 2022 · until 01 août 2028

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/06/202617/06/202502/07/202429/06/202323/06/202208/06/2021
General meeting28/05/202622/05/202518/06/202422/06/202327/05/202227/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/05/202601/06/2026DutchPDF
Full model31/12/202422/05/202517/06/2025DutchPDF
Full model31/12/202318/06/202402/07/2024DutchPDF
Full model31/12/202222/06/202329/06/2023DutchPDF
Full model31/12/202127/05/202223/06/2022DutchPDF
Full model31/12/202027/05/202108/06/2021DutchPDF
Full model31/12/201928/05/202008/06/2020DutchPDF
Full model31/12/201820/06/201901/07/2019DutchPDF
Full model31/12/201729/06/201826/07/2018DutchPDF
Full model31/12/201623/06/201731/07/2017DutchPDF
Full model31/12/201523/06/201611/07/2016DutchPDF
Full model31/12/201423/06/201517/07/2015DutchPDF
Full model31/12/201318/06/201426/06/2014DutchPDF
Full model31/12/201223/05/201324/06/2013DutchPDF
Full model31/12/201114/06/201210/07/2012DutchPDF
Full model31/12/201029/06/201105/08/2011DutchPDF
Full model31/12/200927/05/201015/06/2010DutchPDF
Full model31/12/200818/06/200922/07/2009DutchPDF
Full model31/12/200712/06/200809/07/2008DutchPDF
Full model31/12/200624/05/200721/06/2007DutchPDF
Consolidated accounts31/12/200624/05/200710/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

6 active · 31 ended

Active mandates

OLIVIER HANNE

Director · since 01 janvier 2025 · until 23 mai 2030 · 0873.395.621

Active
Sammy Hulpiau-Ongenaert

Director · since 01 janvier 2025 · until 23 mai 2030

Active
Fredrik Ekström

Director · since 01 novembre 2022 · until 25 mai 2028

Active
Emma Adlerton

Director · since 01 août 2022 · until 25 mai 2028

Active
Nainesh Patel

Director · since 01 août 2022 · until 01 janvier 2025

Active
Timothy Kemper

Director · since 01 août 2022 · until 01 janvier 2025

Active

Ended mandates

Fredrik Ekström

Director · since 01 novembre 2022 · until 01 novembre 2028

Ended
Emma Adlerton

Director · since 01 août 2022 · until 01 août 2028

Ended
Nainesh Patel

Director · since 01 août 2022 · until 01 août 2028

Ended
Timothy Kemper

Director · since 01 août 2022 · until 01 août 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/10/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring30/04/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring28/09/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates07/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/02/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 15/06/2026
    nominationWim De Greyt — gedelegeerden voor het dagelijks bestuur
  2. 15/06/2026
    nominationSylvain Boissière — gedelegeerden voor het dagelijks bestuur
  3. 15/06/2026
    nominationAnna Petrichenko — gedelegeerden voor het dagelijks bestuur
  4. 01/01/2025
    nominationOlivier Hanne — bestuurder
  5. 01/01/2025
    nominationSammy Hulpiau — bestuurder
  6. 2024
    Annual accounts 202416,5 M €↓
  7. 08/07/2024
    nominationMaxime de Ville — gedelegeerde voor het dagelijks bestuur
  8. 08/07/2024
    nominationAléxis Capelle — gedelegeerde voor het dagelijks bestuur
  9. 08/07/2024
    nominationFrederic Heymans — gedelegeerde voor het dagelijks bestuur
  10. 08/07/2024
    nominationMarco Maraz — gedelegeerde voor het dagelijks bestuur
  11. 2023
    Annual accounts 202318,3 M €↓
  12. 22/06/2023
    reconductionErnst & Young Bedrijfsrevisoren BV — commissaris
  13. 02/02/2023
    nominationTimothy Kemper — voorzitter van Stolz Sequipag
  14. 2022
    Annual accounts 2022136,9 M €↑
  15. 01/11/2022
    nominationFredrik Ekström — bestuurder
  16. 2022
    Name changeDESMET BELGIUM
  17. 2021
    Annual accounts 202136,4 M €↑
  18. 2020
    Annual accounts 202010,4 M €↓
  19. 2019
    Annual accounts 201912,8 M €↓
  20. 2018
    Annual accounts 201849,5 M €↑
  21. 2017
    Annual accounts 201721,9 M €↓
  22. 2016
    Annual accounts 201624,7 M €↑
  23. 2015
    Annual accounts 20152,2 M €↑
  24. 2014
    Annual accounts 2014-13 M €↑
  25. 2013
    Annual accounts 2013-50,6 M €↓
  26. 2012
    Annual accounts 2012-13,6 M €↑
  27. 2011
    Annual accounts 2011-30,3 M €↓
  28. 2010
    Annual accounts 2010-1,9 M €↑
  29. 2009
    Annual accounts 2009-3,5 M €↑
  30. 2008
    Annual accounts 2008-11,9 M €↓
  31. 2007
    Annual accounts 2007151,7 M €↑
  32. 2006
    Annual accounts 20062,8 M €
  33. 2006
    Name changeDESMET BALLESTRA GROUP
  34. 25/07/1946
    IncorporationPublic limited company