ACTIVE

DESMET

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

6,7 k €

-83.6% YoY

Gross margin

182,2 k €

-9.2% YoY

Equity

458,8 k €

+1.5% YoY

What does DESMET do?

DESMET is a Public limited company incorporated in 1993. Its main activity is: Joinery installation. Its registered office is in Pajottegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.647.161

Incorporation

05/04/1993

Legal form

Public limited company

Registered office

Bloemendaelstraat(HN) 10
1540 Pajottegem · FlandreSee on map

Contributed capital

241 180,00 €

Latest accounts

31/12/2025

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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
Gross margin	182,2 k €	-9.2%	200,7 k €	-12.6%	229,7 k €	-4.9%	241,6 k €	+29.8%	186,2 k €	+1.6%	183,3 k €	+3.7%	176,7 k €	-0.5%	177,6 k €	+30.2%	136,4 k €	-5.5%	144,3 k €	-21.8%	184,5 k €	-26.5%	251 k €	+19.8%	209,5 k €	-21.3%	266,3 k €	+17.6%	226,4 k €	-2.0%	230,9 k €	-40.8%	390 k €	+28.7%	303,1 k €	-1.4%	307,2 k €	-1.4%	311,6 k €
EBITDA	53,9 k €	-47.1%	101,8 k €	-11.6%	115,2 k €	+6.4%	108,3 k €	+75.5%	61,7 k €	+13.7%	54,3 k €	+4.6%	51,9 k €	-36.6%	81,8 k €	+369%	17,5 k €	-34.4%	26,6 k €	-64.6%	75,2 k €	-27.6%	103,8 k €	+15.9%	89,5 k €	-2.8%	92,1 k €	+54.2%	59,7 k €	-11.2%	67,2 k €	-69.3%	218,9 k €	+99.4%	109,8 k €	-8.0%	119,3 k €	-17.4%	144,5 k €
Operating result	18,9 k €	-74.3%	73,7 k €	-12.2%	84 k €	+16.1%	72,4 k €	+175%	26,3 k €	+35.6%	19,4 k €	+111%	9,2 k €	-75.6%	37,6 k €	+230%	-29 k €	-97.9%	-14,7 k €	-213%	12,9 k €	-10.5%	14,5 k €	+59.3%	9,1 k €	-27.5%	12,5 k €	+229%	-9,7 k €	-170%	13,9 k €	-91.3%	159,1 k €	+1461%	10,2 k €	-31.9%	15 k €	+24.7%	12 k €
Net result	6,7 k €	-83.6%	40,8 k €	-19.2%	50,5 k €	-1.4%	51,2 k €	+136%	21,7 k €	+44.4%	15 k €	+284%	3,9 k €	-86.4%	28,9 k €	+201%	-28,7 k €	-135%	-12,2 k €	-441%	3,6 k €	+7.4%	3,3 k €	-71.5%	11,7 k €	+10.9%	10,5 k €	-0.2%	10,6 k €	-57.2%	24,7 k €	+116%	11,4 k €	+7.0%	10,7 k €	-5.7%	11,3 k €	-48.9%	22,1 k €
Balance sheet
Equity	458,8 k €	+1.5%	452,1 k €	+9.9%	411,3 k €	+14.0%	360,8 k €	+16.6%	309,5 k €	+7.5%	287,8 k €	+5.5%	272,8 k €	+1.5%	268,9 k €	+12.0%	240 k €	-10.7%	268,7 k €	-4.3%	280,9 k €	+1.3%	277,3 k €	+192%	94,9 k €	-66.4%	282,2 k €	+3.9%	271,7 k €	+4.0%	261,1 k €	+10.4%	236,5 k €	+5.1%	225 k €	+5.0%	214,4 k €	+5.6%	203,1 k €
Total assets	740,7 k €	+1.4%	730,3 k €	+6.8%	683,6 k €	+8.4%	630,4 k €	+8.2%	582,6 k €	+4.6%	557 k €	+5.3%	529 k €	-1.4%	536,8 k €	+12.5%	477,2 k €	-2.3%	488,4 k €	-3.5%	506,1 k €	-2.8%	520,9 k €	+1.9%	511,4 k €	-6.0%	543,9 k €	-0.0%	543,9 k €	+13.2%	480,5 k €	-9.7%	532,3 k €	-6.0%	566,2 k €	+5.9%	534,7 k €	-8.2%	582,5 k €
Cash	317 k €	-11.6%	358,8 k €	+35.1%	265,6 k €	-4.7%	278,7 k €	+45.2%	191,9 k €	-17.5%	232,7 k €	+80.4%	129 k €	+21.0%	106,6 k €	+36.8%	77,9 k €	+32.9%	58,6 k €	-7.5%	63,3 k €	-40.0%	105,6 k €	+64.1%	64,3 k €	+41.5%	45,5 k €	-51.6%	94 k €	-29.7%	133,7 k €	+55.2%	86,2 k €	-9.4%	95,1 k €	-5.7%	100,8 k €	+37.5%	73,3 k €
Debts	278,3 k €	+4.9%	265,3 k €	+0.5%	264 k €	-2.1%	269,6 k €	-1.3%	273,1 k €	+1.4%	269,2 k €	+7.7%	249,8 k €	-4.4%	261,4 k €	+10.2%	237,2 k €	+12.0%	211,7 k €	-2.7%	217,7 k €	-7.9%	236,2 k €	-43.3%	416,5 k €	+59.2%	261,6 k €	-3.9%	272,2 k €	+24.1%	219,3 k €	-25.9%	295,9 k €	-13.3%	341,2 k €	+6.5%	320,3 k €	-15.6%	379,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		4,0 ETP	0.0%	4,0 ETP	+21.2%	3,3 ETP	-13.2%	3,8 ETP	+18.7%	3,2 ETP	-25.6%	4,3 ETP	-6.5%	4,6 ETP	+2.2%	4,5 ETP	-10.0%	5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	+4.2%	4,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

GUNTHER DESMET

Director

Active

Ended mandates

Gunther Desmet

Managing director

Ended

Madi Lambrechts

Director

Ended

MICHEL DESMET

Director

Ended

MICHEL DESMET

Managing director

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	29/06/2026	30/06/2025	29/06/2024	27/06/2023	27/06/2022	26/06/2021
General meeting	27/05/2026	28/05/2025	29/05/2024	31/05/2023	25/05/2022	26/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	27/05/2026	29/06/2026	Dutch	PDF
Micro model	31/12/2024	28/05/2025	30/06/2025	Dutch	PDF
Micro model	31/12/2023	29/05/2024	29/06/2024	Dutch	PDF
Micro model	31/12/2022	31/05/2023	27/06/2023	Dutch	PDF
Micro model	31/12/2021	25/05/2022	27/06/2022	Dutch	PDF
Micro model	31/12/2020	26/05/2021	26/06/2021	Dutch	PDF
Micro model	31/12/2019	27/05/2020	24/06/2020	Dutch	PDF
Micro model	31/12/2018	29/05/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/05/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	25/05/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	27/05/2015	09/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/07/2014	06/08/2014	Dutch	PDF
Abridged model	31/12/2012	29/05/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	19/09/2012	25/09/2012	Dutch	PDF
Abridged model	31/12/2010	17/08/2011	19/08/2011	Dutch	PDF
Abridged model	31/12/2009	01/09/2010	06/09/2010	Dutch	PDF
Abridged model	31/12/2008	05/08/2009	10/08/2009	Dutch	PDF
Abridged model	31/12/2007	13/08/2008	14/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/05/2007	26/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 4 ended

Active mandates

GUNTHER DESMET

Director

Active

Ended mandates

Gunther Desmet

Managing director

Ended

Madi Lambrechts

Director

Ended

MICHEL DESMET

Director

Ended

MICHEL DESMET

Managing director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/07/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other18/11/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares29/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/12/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/01/2012
KAPITAAL - AANDELEN
PDF
Mandates20/08/2007
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 20256,7 k €↓
2024
Annual accounts 202440,8 k €↓
2023
Annual accounts 202350,5 k €↓
2022
Annual accounts 202251,2 k €↑
2021
Annual accounts 202121,7 k €↑
2020
Annual accounts 202015 k €↑
2019
Annual accounts 20193,9 k €↓
2018
Annual accounts 201828,9 k €↑
2017
Annual accounts 2017-28,7 k €↓
2016
Annual accounts 2016-12,2 k €↓
2015
Annual accounts 20153,6 k €↑
2014
Annual accounts 20143,3 k €↓
2013
Annual accounts 201311,7 k €↑
2012
Annual accounts 201210,5 k €↓
2011
Annual accounts 201110,6 k €↓
2010
Annual accounts 201024,7 k €↑
2009
Annual accounts 200911,4 k €↑
2008
Annual accounts 200810,7 k €↓
2007
Annual accounts 200711,3 k €↓
2006
Annual accounts 200622,1 k €
05/04/1993
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

DESMET

Overview

What does DESMET do?

Trend over 20 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