ACTIVE

KRANEN DESUTTER

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Financial year 2025 · closed on 30/06/2025

Net result

1,7 M €

+50.6% YoY

Gross margin

8,2 M €

+18.2% YoY

Equity

4,7 M €

+21.1% YoY

Workforce

44,1 ETP

+2.1% YoY

What does KRANEN DESUTTER do?

KRANEN DESUTTER is a Public limited company incorporated in 1985. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Harelbeke. It employs on average 44,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0427.218.682

Incorporation

09/04/1985

Legal form

Public limited company

Registered office

Blokkestraat 12
8530 Harelbeke · FlandreSee on map

Contributed capital

74 368,06 €

Latest accounts

30/06/2025

Average workforce

44,1 ETP

Activities (NACE)

43990Other specialised construction activities n.e.c.· main 43999Other specialised construction activities n.e.c.45500Wholesale and retail trade and repair of motor vehicles and motorcycles 71320Architectural and engineering activities; technical testing and analysis 77320Rental and leasing of construction and civil engineering machinery and equipment 77320Rental and leasing of construction and civil engineering machinery and equipment+5

Joint committees (3)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	8,2 M €	+18.2%	6,9 M €	-0.6%	7 M €	+10.7%	6,3 M €	+19.6%	5,3 M €	+4.3%	5 M €	+1.2%	5 M €	+30.5%	3,8 M €	+0.6%	3,8 M €	+19.3%	3,2 M €	+20.9%	2,6 M €	-18.8%	3,2 M €	+44.8%	2,2 M €	+1.6%	2,2 M €	+26.4%	1,7 M €	+19.7%	1,5 M €	+2.6%	1,4 M €	+6.2%	1,3 M €	+50.7%	884,8 k €
EBITDA	4,6 M €	+29.1%	3,6 M €	-6.4%	3,8 M €	+9.3%	3,5 M €	+29.6%	2,7 M €	-5.1%	2,8 M €	-4.5%	3 M €	+44.3%	2,1 M €	-9.7%	2,3 M €	+24.4%	1,8 M €	+29.5%	1,4 M €	-7.9%	1,5 M €	+36.5%	1,1 M €	-2.7%	1,2 M €	+32.6%	870,2 k €	+22.1%	712,5 k €	+4.1%	684,5 k €	-7.2%	738 k €	+54.5%	477,6 k €
Operating result	2,3 M €	+52.7%	1,5 M €	-11.2%	1,7 M €	+24.3%	1,3 M €	+156%	523,6 k €	-7.0%	563,3 k €	-22.6%	728,1 k €	+173%	266,5 k €	-59.5%	657,9 k €	+85.5%	354,6 k €	+113%	166,6 k €	-21.4%	212,1 k €	+15.0%	184,4 k €	+43.4%	128,6 k €	+339%	-53,7 k €	-249%	36 k €	-85.9%	255,1 k €	+876%	-32,9 k €	+69.8%	-108,7 k €
Net result	1,7 M €	+50.6%	1,1 M €	-12.7%	1,3 M €	+21.1%	1 M €	+193%	357,7 k €	-1.9%	364,7 k €	-25.4%	488,8 k €	+385%	100,8 k €	-81.1%	534 k €	+79.4%	297,7 k €	+63.3%	182,3 k €	-29.6%	258,8 k €	+15.5%	224,2 k €	+52.9%	146,6 k €	+1357%	-11,7 k €	+11.3%	-13,1 k €	-104%	305 k €	+27.6%	238,9 k €	+802%	26,5 k €
Balance sheet
Equity	4,7 M €	+21.1%	3,9 M €	+5.6%	3,7 M €	+22.2%	3 M €	+22.3%	2,5 M €	+4.6%	2,3 M €	+8.5%	2,2 M €	+18.6%	1,8 M €	+1.7%	1,8 M €	+20.8%	1,5 M €	+0.4%	1,5 M €	+2.8%	1,4 M €	+37.4%	1 M €	+5.8%	989,9 k €	-2.0%	1 M €	+46.7%	688,3 k €	-1.9%	701,5 k €	+28.4%	546,5 k €	+77.7%	307,6 k €
Total assets	19,8 M €	+14.3%	17,3 M €	-9.3%	19,1 M €	+12.1%	17 M €	+8.4%	15,7 M €	-5.6%	16,6 M €	+7.2%	15,5 M €	+27.6%	12,2 M €	+8.1%	11,2 M €	+15.4%	9,7 M €	+13.9%	8,6 M €	+8.1%	7,9 M €	+11.1%	7,1 M €	-10.8%	8 M €	+30.4%	6,1 M €	+23.9%	4,9 M €	+51.4%	3,3 M €	+3.0%	3,2 M €	+51.8%	2,1 M €
Cash	1,2 M €	-38.0%	2 M €	-47.3%	3,8 M €	+44.1%	2,6 M €	+2.1%	2,6 M €	+37.0%	1,9 M €	+56.9%	1,2 M €	-51.7%	2,5 M €	+37.5%	1,8 M €	+66.8%	1,1 M €	-10.9%	1,2 M €	+9.8%	1,1 M €	+35.5%	815,1 k €	+6.8%	762,9 k €	-26.3%	1 M €	+114%	482,8 k €	+27.2%	379,5 k €	+55.5%	244,1 k €	-31.3%	355,5 k €
Debts	14,7 M €	+12.1%	13,1 M €	-12.9%	15 M €	+9.7%	13,7 M €	+5.4%	13 M €	-7.2%	14 M €	+6.5%	13,2 M €	+28.6%	10,2 M €	+9.2%	9,4 M €	+14.5%	8,2 M €	+17.2%	7 M €	+9.6%	6,4 M €	+5.4%	6 M €	-13.5%	7 M €	+37.0%	5,1 M €	+20.6%	4,2 M €	+69.4%	2,5 M €	-3.4%	2,6 M €	+46.0%	1,8 M €
Other
Workforce	44,1 ETP	+2.1%	43,2 ETP	-1.1%	43,7 ETP	+11.5%	39,2 ETP	+4.0%	37,7 ETP	+5.3%	35,8 ETP	+6.2%	33,7 ETP	+15.4%	29,2 ETP	+13.6%	25,7 ETP	+8.4%	23,7 ETP	+10.2%	21,5 ETP	+4.9%	20,5 ETP	+3.5%	19,8 ETP	+3.1%	19,2 ETP	+18.5%	16,2 ETP	+9.5%	14,8 ETP	+4.2%	14,2 ETP	+11.8%	12,7 ETP	+8.5%	11,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 4 active · 12 ended

Active mandates

MARDES

Managing director · since 17 mars 2025 · 0451.033.073

Represented by Frederik Desutter

Active

2B INVEST

Managing director · until 17 mars 2025 · 0808.801.044

Represented by Martine Despriet

Active

FDS CONSULT

Managing director · until 17 mars 2025 · 0560.691.177

Represented by Frederik Desutter

Active

J.DESUTTER

Managing director · until 17 mars 2025 · 0649.772.811

Represented by Jan Desutter

Active

Ended mandates

MARDES

Director · since 30 juin 2007 · 0451.033.073

Represented by Martine DESPRIET

Ended

Jan DESUTTER

Managing director · since 15 février 2006 · until 15 juin 2010

Ended

Frederik DESUTTER

Managing director · since 24 décembre 2004 · until 15 juin 2010

Ended

Martine DESPRIET

Director · since 24 décembre 2004 · until 15 juin 2010

Ended

At this address

Other companies at this address

Company	CBE no.
2B INVEST● Active	0808.801.044
DESTRANS● Active	0457.669.457
MARDES● Active	0451.033.073
VILLE DE COURTRAI● Active	0441.083.249

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/01/2026	03/02/2025	05/02/2024	07/02/2023	02/02/2022	08/02/2021
General meeting	29/12/2025	29/12/2024	29/12/2023	15/12/2022	12/12/2021	11/12/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	29/12/2025	21/01/2026	Dutch	PDF
Abridged model	30/06/2024	29/12/2024	03/02/2025	Dutch	PDF
Abridged model	30/06/2023	29/12/2023	05/02/2024	Dutch	PDF
Abridged model	30/06/2022	15/12/2022	07/02/2023	Dutch	PDF
Abridged model	30/06/2021	12/12/2021	02/02/2022	Dutch	PDF
Abridged model	30/06/2020	11/12/2020	08/02/2021	Dutch	PDF
Abridged model	30/06/2019	13/12/2019	07/02/2020	Dutch	PDF
Abridged model	30/06/2018	14/12/2018	28/01/2019	Dutch	PDF
Abridged model	30/06/2017	15/12/2017	09/02/2018	Dutch	PDF
Abridged model	30/06/2016	19/12/2016	09/02/2017	Dutch	PDF
Abridged model	30/06/2015	21/12/2015	23/02/2016	Dutch	PDF
Abridged model	30/06/2014	15/12/2014	19/02/2015	Dutch	PDF
Abridged model	31/12/2012	28/08/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	27/08/2012	Dutch	PDF
Abridged modelCorrection	31/12/2010	14/06/2011	18/10/2011	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	15/06/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	17/08/2009	Dutch	PDF
Abridged model	31/12/2007	15/06/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/06/2025 · 4 active · 12 ended

Active mandates

MARDES

Managing director · since 17 mars 2025 · 0451.033.073

Represented by Frederik Desutter

Active

2B INVEST

Managing director · until 17 mars 2025 · 0808.801.044

Represented by Martine Despriet

Active

FDS CONSULT

Managing director · until 17 mars 2025 · 0560.691.177

Represented by Frederik Desutter

Active

J.DESUTTER

Managing director · until 17 mars 2025 · 0649.772.811

Represented by Jan Desutter

Active

Ended mandates

MARDES

Director · since 30 juin 2007 · 0451.033.073

Represented by Martine DESPRIET

Ended

Jan DESUTTER

Managing director · since 15 février 2006 · until 15 juin 2010

Ended

Frederik DESUTTER

Managing director · since 24 décembre 2004 · until 15 juin 2010

Ended

Martine DESPRIET

Director · since 24 décembre 2004 · until 15 juin 2010

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2014
ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office04/05/2011
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/05/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/09/2008
ONTSLAGEN - BENOEMINGEN
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 20251,7 M €↑
2024
Annual accounts 20241,1 M €↓
2023
Annual accounts 20231,3 M €↑
2022
Annual accounts 20221 M €↑
2021
Annual accounts 2021357,7 k €↓
2020
Annual accounts 2020364,7 k €↓
2019
Annual accounts 2019488,8 k €↑
2018
Annual accounts 2018100,8 k €↓
2017
Annual accounts 2017534 k €↑
2016
Annual accounts 2016297,7 k €↑
2015
Annual accounts 2015182,3 k €↓
2014
Annual accounts 2014258,8 k €↑
2012
Annual accounts 2012224,2 k €↑
2011
Annual accounts 2011146,6 k €↑
2010
Annual accounts 2010-11,7 k €↑
2009
Annual accounts 2009-13,1 k €↓
2008
Annual accounts 2008305 k €↑
2007
Annual accounts 2007238,9 k €↑
2006
Annual accounts 200626,5 k €
09/04/1985
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

KRANEN DESUTTER

Overview

What does KRANEN DESUTTER do?

Trend over 19 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