ACTIVE

DEGRO

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Financial year 2026 · closed on 31/03/2026

Net result

154,3 k €

-86.7% YoY

Revenue

13,1 M €

-3.7% YoY

Equity

6,4 M €

-32.7% YoY

Workforce

33,3 ETP

-8.0% YoY

What does DEGRO do?

DEGRO is a Private limited company incorporated in 1991. Its registered office is in Ieper. It employs on average 33,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.035.910

Incorporation

26/04/1991

Legal form

Private limited company

Registered office

Rozendaalstraat 111
8900 Ieper · FlandreSee on map

Contributed capital

34 089,33 €

Latest accounts

31/03/2026

Average workforce

33,3 ETP

Joint committees (3)

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 19 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2016		2015		2014		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	13,1 M €	-3.7%	13,6 M €	-2.5%	13,9 M €	+6.5%	13,1 M €	+6.0%	12,3 M €	+14.8%	10,7 M €	-21.1%	13,6 M €		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	2,3 M €	-48.6%	4,5 M €	+19.8%	3,7 M €	+24.2%	3 M €	+1.4%	3 M €	+24.7%	2,4 M €	-16.1%	2,8 M €	-0.9%	2,9 M €	-44.7%	5,2 M €	+275%	1,4 M €	+28.9%	1,1 M €	-29.5%	1,5 M €	+7.7%	1,4 M €	+13.0%	1,2 M €	+0.4%	1,2 M €	+9.4%	1,1 M €	+14.8%	987,9 k €	+1.3%	975,1 k €	+89.8%	513,7 k €
Operating result	394,6 k €	-76.2%	1,7 M €	+33.1%	1,2 M €	+71.0%	728,1 k €	-41.9%	1,3 M €	+25.6%	997,4 k €	-35.8%	1,6 M €	-9.8%	1,7 M €	-51.3%	3,5 M €	+521%	569,3 k €	+112%	268,8 k €	+12.8%	238,4 k €	-18.8%	293,7 k €	+54.2%	190,5 k €	-5.6%	201,8 k €	-6.9%	216,8 k €	+31.3%	165,1 k €	-47.1%	312,4 k €	+320%	74,4 k €
Net result	154,3 k €	-86.7%	1,2 M €	+40.3%	824,5 k €	+55.0%	531,8 k €	-45.9%	983,4 k €	+40.1%	702 k €	-35.0%	1,1 M €	-18.7%	1,3 M €	-62.7%	3,6 M €	+898%	356,8 k €	+137%	150,6 k €	+4.7%	143,9 k €	-4.7%	150,9 k €	+48.5%	101,6 k €	-17.9%	123,7 k €	-6.9%	132,8 k €	+212%	-118,2 k €	-189%	132,6 k €	-72.7%	485,8 k €
Balance sheet
Equity	6,4 M €	-32.7%	9,4 M €	+1.7%	9,3 M €	+9.7%	8,5 M €	+6.7%	7,9 M €	+14.2%	6,9 M €	+11.2%	6,2 M €	+11.2%	5,6 M €	+30.6%	4,3 M €	+132%	1,9 M €	+21.0%	1,5 M €	-5.5%	1,6 M €	-11.3%	1,8 M €	+9.0%	1,7 M €	-2.3%	1,7 M €	-1.0%	1,7 M €	+15.5%	1,5 M €	+8.9%	1,4 M €	-1.2%	1,4 M €
Total assets	14,7 M €	-26.9%	20,1 M €	+8.7%	18,4 M €	+11.7%	16,5 M €	+14.4%	14,4 M €	+15.5%	12,5 M €	+6.0%	11,8 M €	+5.8%	11,1 M €	+38.6%	8 M €	+38.8%	5,8 M €	+2.4%	5,7 M €	-11.9%	6,4 M €	-5.3%	6,8 M €	+1.9%	6,7 M €	+0.2%	6,6 M €	+1.2%	6,6 M €	+12.6%	5,8 M €	+5.6%	5,5 M €	+26.9%	4,4 M €
Cash	2,9 M €	+3.6%	2,8 M €	-26.8%	3,8 M €	+34.9%	2,8 M €	-12.3%	3,2 M €	-12.0%	3,7 M €	+10.4%	3,3 M €	+55.8%	2,1 M €	+67.5%	1,3 M €	+132%	547,1 k €	+39.1%	393,3 k €	-42.5%	683,5 k €	+2.5%	666,9 k €	-8.7%	730,7 k €	-1.5%	741,6 k €	+6.6%	695,3 k €	+493%	117,3 k €	-62.6%	313,9 k €	-23.9%	412,3 k €
Debts	8,3 M €	-21.8%	10,6 M €	+15.9%	9,1 M €	+13.6%	8 M €	+24.4%	6,5 M €	+17.1%	5,5 M €	-0.0%	5,5 M €	+0.2%	5,5 M €	+48.3%	3,7 M €	-4.3%	3,9 M €	-5.0%	4,1 M €	-14.3%	4,8 M €	-3.0%	4,9 M €	-0.4%	4,9 M €	+1.1%	4,9 M €	+2.3%	4,8 M €	+11.6%	4,3 M €	+4.8%	4,1 M €	+42.0%	2,9 M €
Other
Workforce	33,3 ETP	-8.0%	36,2 ETP	+13.5%	31,9 ETP	-22.2%	41,0 ETP	+7.9%	38,0 ETP	+0.5%	37,8 ETP	0.0%	37,8 ETP	+4.4%	36,2 ETP	+0.6%	36,0 ETP	-1.6%	36,6 ETP	+17.3%	31,2 ETP	+6.5%	29,3 ETP	-1.3%	29,7 ETP	+3.5%	28,7 ETP	+13.9%	25,2 ETP	+12.5%	22,4 ETP	-5.1%	23,6 ETP	+3.5%	22,8 ETP	+15.2%	19,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2026 · 4 active · 13 ended

Active mandates

FLAMGI

Director · 0740.523.140

Represented by Lode DESOT

Active

Floris DESOT

Director

Active

Gilles DESOT

Director

Active

Wilfried DESOT

Director

Active

Ended mandates

DENO

Mandate · 0740.470.482

Represented by Leslie DESOT

Ended

DENO

Director · 0740.470.482

Represented by Leslie DESOT

Ended

DENO

Managing director · 0740.470.482

Represented by Leslie DESOT

Ended

FLAMGI

Director · 0740.523.140

Ended

At this address

Other companies at this address

Company	CBE no.
DEGRO GROEP● Active	1016.280.975
FORTAN MANAGEMENT● Active	0441.909.135
Groep Degro● Active	0771.865.127
Infrassist● Active	0834.552.168
Tijdelijke Maatschap Degro - Martens● Active	1023.544.691
TM Degro - Persyn● Active	1034.222.116

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2026	25/08/2025	03/12/2024	18/09/2023	13/07/2022	01/07/2021
General meeting	22/08/2026	05/07/2025	22/11/2024	01/07/2023	27/06/2022	19/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2026	22/08/2026	28/08/2026	Dutch	PDF
Full model	31/03/2025	05/07/2025	25/08/2025	Dutch	PDF
Full model	31/03/2024	22/11/2024	03/12/2024	Dutch	PDF
Full model	31/03/2023	01/07/2023	18/09/2023	Dutch	PDF
Full model	31/03/2022	27/06/2022	13/07/2022	Dutch	PDF
Full model	31/03/2021	19/06/2021	01/07/2021	Dutch	PDF
Full model	31/03/2020	04/07/2020	25/08/2020	Dutch	PDF
Abridged model	28/02/2019	13/06/2019	24/06/2019	Dutch	PDF
Abridged model	28/02/2018	16/05/2018	17/05/2018	Dutch	PDF
Abridged model	31/03/2016	15/06/2016	16/06/2016	Dutch	PDF
Abridged model	31/03/2015	25/09/2015	29/09/2015	Dutch	PDF
Abridged model	31/03/2014	26/09/2014	09/10/2014	Dutch	PDF
Abridged model	31/12/2012	26/06/2013	09/07/2013	Dutch	PDF
Abridged model	31/12/2011	23/05/2012	19/06/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	13/07/2011	Dutch	PDF
Abridged model	31/12/2009	20/05/2010	25/05/2010	Dutch	PDF
Abridged model	31/12/2008	08/07/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	25/06/2008	03/07/2008	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	09/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/03/2026 · 4 active · 13 ended

Active mandates

FLAMGI

Director · 0740.523.140

Represented by Lode DESOT

Active

Floris DESOT

Director

Active

Gilles DESOT

Director

Active

Wilfried DESOT

Director

Active

Ended mandates

DENO

Mandate · 0740.470.482

Represented by Leslie DESOT

Ended

DENO

Director · 0740.470.482

Represented by Leslie DESOT

Ended

DENO

Managing director · 0740.470.482

Represented by Leslie DESOT

Ended

FLAMGI

Director · 0740.523.140

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring23/02/2026
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring23/02/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring14/10/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring14/10/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates10/12/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring26/10/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Restructuring05/11/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates12/03/2020
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
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

2026
Annual accounts 2026154,3 k €↓
2025
Annual accounts 20251,2 M €↑
2024
Annual accounts 2024824,5 k €↑
2023
Annual accounts 2023531,8 k €↓
2022
Annual accounts 2022983,4 k €↑
2021
Annual accounts 2021702 k €↓
2020
Annual accounts 20201,1 M €↓
2019
Annual accounts 20191,3 M €↓
2018
Annual accounts 20183,6 M €↑
2016
Annual accounts 2016356,8 k €↑
2015
Annual accounts 2015150,6 k €↑
2014
Annual accounts 2014143,9 k €↓
2012
Annual accounts 2012150,9 k €↑
2011
Annual accounts 2011101,6 k €↓
2010
Annual accounts 2010123,7 k €↓
2009
Annual accounts 2009132,8 k €↑
2008
Annual accounts 2008-118,2 k €↓
2007
Annual accounts 2007132,6 k €↓
2006
Annual accounts 2006485,8 k €
26/04/1991
IncorporationPrivate 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

DEGRO

Overview

What does DEGRO 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