ACTIVE

Desco

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Financial year 2025 · closed on 31/12/2025

Net result

41,2 M €

-9.8% YoY

Revenue

370,7 M €

+2.3% YoY

Equity

462,6 M €

+9.8% YoY

Workforce

528,4 ETP

+0.8% YoY

What does Desco do?

Desco is a Public limited company incorporated in 1947. Its registered office is in Wijnegem. It employs on average 528,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0404.105.166

Incorporation

30/12/1947

Legal form

Public limited company

Registered office

Bijkhoevelaan 2
2110 Wijnegem · FlandreSee on map

Contributed capital

3 204 358,56 €

Latest accounts

31/12/2025

Average workforce

528,4 ETP

Joint committees (3)

14904
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	370,7 M €	+2.3%	362,4 M €	-0.6%	364,6 M €	+3.9%	350,9 M €	+7.0%	328 M €	+18.3%	277,1 M €	+24.2%	223,2 M €	+8.3%	206 M €	+3.5%	199 M €	+8.5%	183,4 M €	+6.6%	171,9 M €	+4.9%	163,9 M €	+2.0%	160,6 M €	+17.0%	137,3 M €	+2.1%	134,5 M €	+7.2%	125,5 M €	+9.0%	115,2 M €	+2.8%	112 M €	+5.5%	106,2 M €	+11.3%	95,4 M €
EBITDA	43,4 M €	-10.3%	48,4 M €	-7.5%	52,3 M €	-3.5%	54,2 M €	+11.1%	48,8 M €	+95.8%	24,9 M €	-0.1%	24,9 M €	+26.9%	19,6 M €	+0.3%	19,6 M €	+1.0%	19,4 M €	+38.8%	14 M €	-8.6%	15,3 M €	+33.9%	11,4 M €	-12.6%	13,1 M €	+2.2%	12,8 M €	-2.7%	13,1 M €	-0.5%	13,2 M €	+18.3%	11,2 M €	+18.5%	9,4 M €	+39.0%	6,8 M €
Operating result	40,3 M €	-13.0%	46,3 M €	-6.6%	49,6 M €	-6.1%	52,8 M €	+16.3%	45,4 M €	+96.3%	23,1 M €	-2.7%	23,8 M €	+28.7%	18,5 M €	-0.9%	18,6 M €	+5.1%	17,7 M €	+41.3%	12,5 M €	+13.9%	11 M €	+18.0%	9,3 M €	-16.6%	11,2 M €	+7.5%	10,4 M €	-17.4%	12,6 M €	+7.5%	11,7 M €	+19.8%	9,8 M €	+15.6%	8,5 M €	+46.1%	5,8 M €
Net result	41,2 M €	-9.8%	45,6 M €	+3.5%	44,1 M €	-1.0%	44,6 M €	+15.2%	38,7 M €	+79.5%	21,6 M €	+7.6%	20 M €	+29.8%	15,4 M €	+9.4%	14,1 M €	-5.8%	15 M €	+10.3%	13,6 M €	+59.6%	8,5 M €	+4.3%	8,2 M €	-22.0%	10,5 M €	+16.4%	9 M €	-22.4%	11,6 M €	+21.2%	9,6 M €	+8.0%	8,8 M €	+14.2%	7,7 M €	+34.3%	5,8 M €
Balance sheet
Equity	462,6 M €	+9.8%	421,5 M €	+12.1%	375,9 M €	+13.3%	331,8 M €	+15.5%	287,3 M €	+47.7%	194,5 M €	+12.5%	173 M €	+12.9%	153,2 M €	+11.2%	137,7 M €	+9.6%	125,6 M €	+9.9%	114,3 M €	+11.9%	102,1 M €	+7.5%	95 M €	+7.7%	88,3 M €	+11.4%	79,2 M €	+12.8%	70,2 M €	+17.0%	60 M €	+16.0%	51,7 M €	+17.1%	44,2 M €	+17.8%	37,5 M €
Total assets	497 M €	+8.5%	458,3 M €	+11.2%	412,2 M €	+9.6%	376 M €	+19.2%	315,4 M €	+42.4%	221,5 M €	+17.0%	189,4 M €	+11.3%	170,2 M €	+5.0%	162 M €	+8.9%	148,8 M €	+11.3%	133,7 M €	+11.7%	119,7 M €	+5.0%	114,1 M €	+14.7%	99,4 M €	+9.4%	90,9 M €	+11.7%	81,4 M €	+11.6%	72,9 M €	+13.6%	64,2 M €	+20.1%	53,4 M €	+14.3%	46,8 M €
Cash	59,5 M €	-47.6%	113,5 M €	+61.2%	70,4 M €	-45.4%	128,9 M €	+1.6%	126,8 M €	+172%	46,6 M €	-5.5%	49,3 M €	-35.4%	76,5 M €	+62.7%	47 M €	+30.2%	36,1 M €	+44.1%	25,1 M €	+44.7%	17,3 M €	-45.2%	31,6 M €	+228%	9,6 M €	+10.9%	8,7 M €	+13.7%	7,6 M €	+17.2%	6,5 M €	+138%	2,7 M €	-23.6%	3,6 M €	+25.2%	2,9 M €
Debts	31,9 M €	-7.4%	34,4 M €	+1.6%	33,9 M €	-18.1%	41,4 M €	+62.9%	25,4 M €	-0.4%	25,5 M €	+68.2%	15,2 M €	-4.3%	15,8 M €	-27.1%	21,7 M €	+6.7%	20,4 M €	+20.9%	16,8 M €	+8.8%	15,5 M €	-9.7%	17,1 M €	+80.7%	9,5 M €	-6.5%	10,1 M €	+3.7%	9,8 M €	-16.1%	11,6 M €	+7.7%	10,8 M €	+39.6%	7,7 M €	-1.4%	7,9 M €
Other
Workforce	528,4 ETP	+0.8%	524,4 ETP	+2.4%	512,1 ETP	+0.2%	510,9 ETP	+2.1%	500,4 ETP	+63.5%	306,0 ETP	+4.8%	292,1 ETP	+4.3%	280,0 ETP	+3.9%	269,5 ETP	+2.3%	263,5 ETP	-0.5%	264,7 ETP	-7.0%	284,5 ETP	+7.6%	264,3 ETP	+8.1%	244,5 ETP	+6.8%	229,0 ETP	+9.2%	209,7 ETP	+3.6%	202,4 ETP	-1.2%	204,8 ETP	-6.7%	219,5 ETP	+5.0%	209,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 27 ended

Active mandates

NIJASU

Director · since 31 mai 2019 · until 29 mai 2026 · 0501.759.224

Represented by Sébastien Lincé

Active

Eva Dedecker

Director · since 30 mai 2014 · until 29 mai 2026

Active

Frank Dedecker

Managing director · since 30 mai 2014 · until 29 mai 2026

Active

Karen Dedecker

Director · since 30 mai 2014 · until 29 mai 2026

Active

Kris Dedecker

Director · since 30 mai 2014 · until 29 mai 2026

Active

Ended mandates

NIJASU

Director · since 31 mai 2019 · until 28 août 2020 · 0501.759.224

Represented by Sébastien Lincé

Ended

NIJASU

Director · since 31 mai 2019 · until 29 mai 2026 · 0501.759.224

Represented by Sébastien Lincé

Ended

Karen Dedecker

Director · since 30 mai 2015 · until 29 mai 2020

Ended

Karen DEDECKER

Director · since 30 mai 2015 · until 30 mai 2020

Ended

At this address

Other companies at this address

Company	CBE no.
BIJKHOEVE TRANSPORT● Active	0598.852.165
Continea● Active	0754.977.922
Desco - BE● Active	0685.933.619
StaPal● Active	0835.219.092

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/06/2026	24/06/2025	25/06/2024	22/06/2023	27/06/2022	24/06/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/05/2026	18/06/2026	Dutch	PDF
Full model	31/12/2024	30/05/2025	24/06/2025	Dutch	PDF
Full model	31/12/2023	31/05/2024	25/06/2024	Dutch	PDF
Full model	31/12/2022	26/05/2023	22/06/2023	Dutch	PDF
Full model	31/12/2021	27/05/2022	27/06/2022	Dutch	PDF
Full model	31/12/2020	28/05/2021	24/06/2021	Dutch	PDF
Full model	31/12/2019	28/08/2020	10/09/2020	Dutch	PDF
Full model	31/12/2018	31/05/2019	25/06/2019	Dutch	PDF
Full model	31/12/2017	25/05/2018	18/06/2018	Dutch	PDF
Full model	31/12/2016	26/05/2017	22/06/2017	Dutch	PDF
Full model	31/12/2015	27/05/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	29/05/2015	16/06/2015	Dutch	PDF
Full model	31/12/2013	30/05/2014	11/06/2014	Dutch	PDF
Full model	31/12/2012	31/05/2013	25/06/2013	Dutch	PDF
Full model	31/12/2011	25/05/2012	21/06/2012	Dutch	PDF
Full modelCorrection	31/12/2010	27/05/2011	24/11/2011	Dutch	PDF
Full model	31/12/2010	27/05/2011	08/06/2011	Dutch	PDF
Full model	31/12/2009	28/05/2010	09/06/2010	Dutch	PDF
Full model	31/12/2008	29/05/2009	22/06/2009	Dutch	PDF
Full model	31/12/2007	30/05/2008	11/06/2008	Dutch	PDF
Full model	31/12/2006	25/05/2007	11/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 27 ended

Active mandates

NIJASU

Director · since 31 mai 2019 · until 29 mai 2026 · 0501.759.224

Represented by Sébastien Lincé

Active

Eva Dedecker

Director · since 30 mai 2014 · until 29 mai 2026

Active

Frank Dedecker

Managing director · since 30 mai 2014 · until 29 mai 2026

Active

Karen Dedecker

Director · since 30 mai 2014 · until 29 mai 2026

Active

Kris Dedecker

Director · since 30 mai 2014 · until 29 mai 2026

Active

Ended mandates

NIJASU

Director · since 31 mai 2019 · until 28 août 2020 · 0501.759.224

Represented by Sébastien Lincé

Ended

NIJASU

Director · since 31 mai 2019 · until 29 mai 2026 · 0501.759.224

Represented by Sébastien Lincé

Ended

Karen Dedecker

Director · since 30 mai 2015 · until 29 mai 2020

Ended

Karen DEDECKER

Director · since 30 mai 2015 · until 30 mai 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring10/08/2021
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/05/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates19/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring09/01/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202541,2 M €↓
30/05/2025
nominationAudit Van Goolen BV — commissaris
30/05/2025
nominationBert Van Goolen — vaste vertegerwoordiger
2024
Annual accounts 202445,6 M €↑
2023
Annual accounts 202344,1 M €↓
2022
Annual accounts 202244,6 M €↑
27/05/2022
reconductionGeert van Goolen — commissaris
2021
Annual accounts 202138,7 M €↑
2020
Annual accounts 202021,6 M €↑
2019
Annual accounts 201920 M €↑
2018
Annual accounts 201815,4 M €↑
2017
Annual accounts 201714,1 M €↓
2016
Annual accounts 201615 M €↑
2015
Annual accounts 201513,6 M €↑
2014
Annual accounts 20148,5 M €↑
2013
Annual accounts 20138,2 M €↓
2012
Annual accounts 201210,5 M €↑
2011
Annual accounts 20119 M €↓
2011
Name changeDesco NV
2010
Annual accounts 201011,6 M €↑
2009
Annual accounts 20099,6 M €↑
2008
Annual accounts 20088,8 M €↑
2007
Annual accounts 20077,7 M €↑
2006
Annual accounts 20065,8 M €
2006
Name changeSchotmans en Dedecker - Desco
30/12/1947
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Desco

Overview

What does Desco do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline