ACTIVE

DESWAEF

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Financial year 2025 · closed on 31/12/2025

Net result

201,7 k €

-42.8% YoY

Gross margin

911,7 k €

-15.2% YoY

Equity

891,7 k €

-23.2% YoY

Workforce

6,4 ETP

+1.6% YoY

What does DESWAEF do?

DESWAEF is a Private limited company incorporated in 2015. Its main activity is: Joinery installation. Its registered office is in Torhout. It employs on average 6,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0637.718.778

Incorporation

09/09/2015

Legal form

Private limited company

Registered office

Ringaertstraat 2
8820 Torhout · FlandreSee on map

Contributed capital

60 000,00 €

Latest accounts

31/12/2025

Average workforce

6,4 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 25510Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25610Treatment and coating of metals 47512Retail sale of textiles in specialised stores 47512Retail sale of textiles in specialised stores+6

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	911,7 k €	-15.2%	1,1 M €	+12.2%	958,4 k €	+2.7%	933 k €	+27.3%	733 k €	+32.2%	554,3 k €	-9.5%	612,2 k €	+60.6%	381,3 k €	+8.4%	351,8 k €
EBITDA	479,9 k €	-27.5%	661,5 k €	+14.0%	580,3 k €	+5.3%	550,9 k €	+25.3%	439,6 k €	+39.6%	314,9 k €	-22.9%	408,7 k €	+98.2%	206,3 k €	+17.3%	175,9 k €
Operating result	287,1 k €	-43.3%	506 k €	+17.7%	430 k €	+11.2%	386,7 k €	+31.5%	294 k €	+58.4%	185,6 k €	+4.5%	177,5 k €	+54.5%	114,9 k €	+49.5%	76,9 k €
Net result	201,7 k €	-42.8%	352,9 k €	+6.0%	332,9 k €	+7.6%	309,5 k €	+17.9%	262,6 k €	+56.5%	167,8 k €	+7.5%	156,1 k €	+74.3%	89,6 k €	+72.7%	51,9 k €
Balance sheet
Equity	891,7 k €	-23.2%	1,2 M €	+43.7%	807,6 k €	+40.5%	574,7 k €	+117%	265,1 k €	-56.1%	604,1 k €	+38.5%	436,3 k €	+54.8%	281,8 k €	+46.6%	192,3 k €
Total assets	2,8 M €	-6.0%	2,9 M €	+1.0%	2,9 M €	+5.2%	2,8 M €	+3.9%	2,7 M €	+41.8%	1,9 M €	+23.2%	1,5 M €	+82.4%	832,1 k €	-5.8%	883,1 k €
Cash	247,3 k €	-40.6%	416,1 k €	+422%	79,7 k €	-49.9%	158,8 k €	-12.5%	181,6 k €	-47.5%	345,7 k €	-3.9%	359,7 k €	+79.2%	200,7 k €	-28.0%	278,6 k €
Debts	1,9 M €	+5.1%	1,8 M €	-15.5%	2,1 M €	-4.1%	2,2 M €	-8.6%	2,4 M €	+88.6%	1,3 M €	+17.0%	1,1 M €	+96.6%	550,3 k €	-12.8%	630,8 k €
Other
Workforce	6,4 ETP	+1.6%	6,3 ETP	-4.5%	6,6 ETP	-9.6%	7,3 ETP	+28.1%	5,7 ETP	+9.6%	5,2 ETP	+30.0%	4,0 ETP	+21.2%	3,3 ETP	-5.7%	3,5 ETP

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 · 6 ended

Active mandates

Juroo

Director · 0778.395.207

Represented by Cindy BALLIERE

Active

Thomas Deswaef

Director

Active

Ended mandates

Juroo

Director · since 03 octobre 2023 · 0778.395.207

Represented by Cindy BALLIERE

Ended

Thomas Deswaef

Director · since 03 octobre 2023

Ended

Juroo

Director · since 01 juillet 2022 · 0778.395.207

Represented by Cindy BALLIERE

Ended

Cindy Balliere

Director

Ended

At this address

Other companies at this address

Company	CBE no.
GROEP DESWAEF● Active	0791.894.934

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	01/01/2025	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	01/06/2026	11/07/2025	11/07/2024	18/07/2023	15/07/2022	02/07/2021
General meeting	23/05/2026	28/06/2025	29/06/2024	24/06/2023	25/06/2022	05/06/2021
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

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/05/2026	01/06/2026	Dutch	PDF
Abridged model	31/12/2024	28/06/2025	11/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	18/07/2023	Dutch	PDF
Abridged model	31/12/2021	25/06/2022	15/07/2022	Dutch	PDF
Abridged model	31/12/2020	05/06/2021	02/07/2021	Dutch	PDF
Abridged model	31/12/2019	27/06/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	01/07/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	03/06/2017	20/06/2017	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 · 6 ended

Active mandates

Juroo

Director · 0778.395.207

Represented by Cindy BALLIERE

Active

Thomas Deswaef

Director

Active

Ended mandates

Juroo

Director · since 03 octobre 2023 · 0778.395.207

Represented by Cindy BALLIERE

Ended

Thomas Deswaef

Director · since 03 octobre 2023

Ended

Juroo

Director · since 01 juillet 2022 · 0778.395.207

Represented by Cindy BALLIERE

Ended

Cindy Balliere

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/02/2022
MAATSCHAPPELIJKE ZETEL
PDF
Other09/03/2017
DIVERSEN
PDF
Capital / shares08/03/2017
KAPITAAL - AANDELEN
PDF
Other23/09/2015
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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 2025201,7 k €↓
2024
Annual accounts 2024352,9 k €↑
2023
Annual accounts 2023332,9 k €↑
2022
Annual accounts 2022309,5 k €↑
2021
Annual accounts 2021262,6 k €↑
2020
Annual accounts 2020167,8 k €↑
2019
Annual accounts 2019156,1 k €↑
2018
Annual accounts 201889,6 k €↑
2017
Annual accounts 201751,9 k €
09/09/2015
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

DESWAEF

Overview

What does DESWAEF do?

Trend over 9 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