ACTIVE

DESCO

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Financial year 2025 · closed on 31/12/2025

Net result

59,6 k €

-18.3% YoY

Gross margin

319,2 k €

-8.4% YoY

Equity

3,2 M €

+1.9% YoY

What does DESCO do?

DESCO is a Public limited company incorporated in 1985. Its registered office is in Nazareth-De Pinte.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0427.668.446

Incorporation

02/08/1985

Legal form

Public limited company

Registered office

Salviapark 3
9840 Nazareth-De Pinte · FlandreSee on map

Contributed capital

640 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	319,2 k €	-8.4%	348,6 k €	+8.3%	321,8 k €	-4.9%	338,5 k €	-25.7%	455,7 k €	+46.9%	310,2 k €	-12.1%	352,8 k €	+3.7%	340,2 k €	-1.5%	345,3 k €	+6.6%	324 k €	+12.2%	288,8 k €	-2.2%	295,4 k €	+9.9%	268,8 k €	+7.9%	249,3 k €	-10.9%	279,8 k €	+8.3%	258,4 k €	-1.5%	262,3 k €	+22.4%	214,3 k €
EBITDA	242,6 k €	-18.3%	297 k €	+8.9%	272,8 k €	-7.9%	296,1 k €	-28.9%	416,4 k €	+56.3%	266,4 k €	-15.0%	313,3 k €	+3.3%	303,4 k €	-1.4%	307,6 k €	+6.9%	287,8 k €	+13.5%	253,7 k €	-1.8%	258,4 k €	+9.5%	236,1 k €	-5.5%	249,9 k €	+0.4%	249 k €	+9.1%	228,3 k €	-7.6%	247 k €	+48.2%	166,6 k €
Operating result	139,6 k €	-12.9%	160,4 k €	+22.2%	131,3 k €	-17.4%	159 k €	-45.1%	289,5 k €	+115%	134,5 k €	+0.2%	134,2 k €	-24.0%	176,5 k €	-3.4%	182,7 k €	+16.9%	156,3 k €	+17.3%	133,3 k €	-0.0%	133,3 k €	+13.2%	117,8 k €	-21.6%	150,3 k €	+2.0%	147,3 k €	+14.5%	128,7 k €	-11.8%	145,9 k €	+86.9%	78,1 k €
Net result	59,6 k €	-18.3%	72,9 k €	+31.1%	55,6 k €	-32.3%	82,1 k €	-58.1%	195,7 k €	+200%	65,1 k €	+3.8%	62,8 k €	-29.0%	88,4 k €	-8.1%	96,2 k €	+15.9%	83 k €	+47.1%	56,4 k €	-10.9%	63,3 k €	+3.6%	61,2 k €	-27.1%	83,9 k €	+4.1%	80,7 k €	-2.1%	82,4 k €	-20.6%	103,7 k €	+203%	-100,6 k €
Balance sheet
Equity	3,2 M €	+1.9%	3,1 M €	+2.4%	3 M €	+1.9%	3 M €	+2.8%	2,9 M €	+7.2%	2,7 M €	+2.5%	2,6 M €	+2.4%	2,6 M €	+3.6%	2,5 M €	+4.0%	2,4 M €	+3.6%	2,3 M €	+2.5%	2,3 M €	+2.9%	2,2 M €	+2.9%	2,1 M €	+4.1%	2 M €	+4.1%	2 M €	+4.4%	1,9 M €	+5.8%	1,8 M €
Total assets	4,1 M €	+1.0%	4,1 M €	+0.2%	4,1 M €	+0.4%	4,1 M €	+1.1%	4 M €	+5.0%	3,8 M €	+1.7%	3,8 M €	+0.0%	3,8 M €	+0.9%	3,7 M €	+2.5%	3,6 M €	+2.3%	3,5 M €	-1.6%	3,6 M €	-1.3%	3,7 M €	+11.5%	3,3 M €	+1.5%	3,2 M €	-5.3%	3,4 M €	+1.7%	3,4 M €	+5.5%	3,2 M €
Cash	722,1 k €	+26.7%	569,8 k €	+37.8%	413,7 k €	+52.6%	271,1 k €	-65.1%	776 k €	+141%	322,1 k €	+150%	128,7 k €	-68.6%	409,5 k €	+49.9%	273,1 k €	+353%	60,3 k €	+106%	29,2 k €	+6427%	447,9 €	-80.4%	2,3 k €	-99.2%	273,8 k €	+130%	119,3 k €	-39.3%	196,7 k €	+222%	61,1 k €	-71.0%	210,6 k €
Debts	948 k €	-2.0%	967,5 k €	-6.2%	1 M €	-3.8%	1,1 M €	-3.6%	1,1 M €	-0.4%	1,1 M €	-0.2%	1,1 M €	-5.2%	1,2 M €	-4.5%	1,2 M €	-0.3%	1,2 M €	-0.1%	1,2 M €	-7.6%	1,3 M €	-6.7%	1,4 M €	+31.2%	1,1 M €	+1.9%	1,1 M €	-18.0%	1,3 M €	+0.0%	1,3 M €	+9.3%	1,2 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

JULIETTE MEERSCHAUT

Director · since 28 juin 2023 · until 28 juin 2029

Active

PAUL DESNERCK

Managing director · since 28 juin 2023 · until 28 juin 2029

Active

Ended mandates

PAUL DESNERCK

Managing director · since 28 juin 2017 · until 28 juin 2023

Ended

JULIETTE MEERSCHAUT

Director · since 15 avril 2017 · until 15 avril 2023

Ended

PAUL DESNERCK

Managing director · since 15 avril 2017 · until 15 avril 2023

Ended

JULIETTE MEERSCHAUT

Director · since 28 juin 2011 · until 28 juin 2017

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	25/06/2026	31/08/2025	08/07/2024	28/08/2023	26/07/2022	30/08/2021
General meeting	18/06/2026	19/06/2025	10/06/2024	15/04/2023	20/06/2022	30/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	18/06/2026	25/06/2026	Dutch	PDF
Micro model	31/12/2024	19/06/2025	31/08/2025	Dutch	PDF
Micro model	31/12/2023	10/06/2024	08/07/2024	Dutch	PDF
Micro model	31/12/2022	15/04/2023	28/08/2023	Dutch	PDF
Micro model	31/12/2021	20/06/2022	26/07/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	18/06/2020	15/10/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	21/04/2018	26/09/2018	Dutch	PDF
Abridged model	31/12/2016	15/04/2017	25/07/2017	Dutch	PDF
Abridged model	31/12/2015	16/04/2016	22/08/2016	Dutch	PDF
Abridged model	31/12/2014	18/04/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	19/04/2014	21/07/2014	Dutch	PDF
Abridged model	31/12/2012	20/04/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	21/04/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	28/06/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	17/04/2010	22/07/2010	Dutch	PDF
Abridged model	31/12/2008	18/04/2009	10/06/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	27/04/2007	29/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 9 ended

Active mandates

JULIETTE MEERSCHAUT

Director · since 28 juin 2023 · until 28 juin 2029

Active

PAUL DESNERCK

Managing director · since 28 juin 2023 · until 28 juin 2029

Active

Ended mandates

PAUL DESNERCK

Managing director · since 28 juin 2017 · until 28 juin 2023

Ended

JULIETTE MEERSCHAUT

Director · since 15 avril 2017 · until 15 avril 2023

Ended

PAUL DESNERCK

Managing director · since 15 avril 2017 · until 15 avril 2023

Ended

JULIETTE MEERSCHAUT

Director · since 28 juin 2011 · until 28 juin 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2011
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/01/2008
MAATSCHAPPELIJKE ZETEL
PDF
Mandates07/03/2005
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202559,6 k €↓
2024
Annual accounts 202472,9 k €↑
2023
Annual accounts 202355,6 k €↓
2022
Annual accounts 202282,1 k €↓
2021
Annual accounts 2021195,7 k €↑
2020
Annual accounts 202065,1 k €↑
2019
Annual accounts 201962,8 k €↓
2018
Annual accounts 201888,4 k €↓
2017
Annual accounts 201796,2 k €↑
2016
Annual accounts 201683 k €↑
2015
Annual accounts 201556,4 k €↓
2014
Annual accounts 201463,3 k €↑
2013
Annual accounts 201361,2 k €↓
2012
Annual accounts 201283,9 k €↑
2011
Annual accounts 201180,7 k €↓
2010
Annual accounts 201082,4 k €↓
2009
Annual accounts 2009103,7 k €↑
2008
Annual accounts 2008-100,6 k €
02/08/1985
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

DESCO

Overview

What does DESCO do?

Trend over 18 financial years

Indicative valuation

Board of directors

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