ACTIVE

D-ESTATE

Financial year 2025 · Closed on 31/12/2025

Net result
136,5 k €
-32,2 %over 1 year
Revenue
2,6 M €
+3,4 %over 1 year
Equity
6,4 M €
+2,2 %over 1 year

Identity

Source · BCE/KBO

D-ESTATE is a Public limited company incorporated in 2010. Its main activity is: Production of electricity. Its registered office is in Menen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0828.631.408
Incorporation
20/08/2010
Legal form
Public limited company
Registered office
Lageweg 33
8930 Menen · FlandreSee on map
Contributed capital
690 963,96 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 16 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue2,6 M €2,5 M €2,5 M €2,8 M €2,6 M €
EBITDA1,8 M €1,7 M €2,1 M €2,6 M €2,1 M €
Operating result542,3 k €499,2 k €976,1 k €1,4 M €1,1 M €
Net result136,5 k €201,2 k €692,7 k €964,5 k €3,7 M €
Balance sheet
Equity6,4 M €6,2 M €6 M €12,1 M €12,2 M €
Total assets21,7 M €24,5 M €24 M €25,9 M €20,4 M €
Cash758,6 k €689,6 k €417 k €5 M €792,3 k €
Debts15,2 M €18 M €17,7 M €13,5 M €7,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 27 ended

Active mandates

DEMA Invest

Director · since 09 juillet 2025 · until 19 juin 2031 · 0700.189.154

Represented by Marieke Desmet

Active
Lurinvest

Director · since 09 juillet 2025 · until 19 juin 2031 · 0688.692.278

Represented by Pieter Desmet

Active
Malexis

Director · since 09 juillet 2025 · until 19 juin 2031 · 0687.848.675

Represented by Silke Desmet

Active
The Veneer

Managing director · since 09 juillet 2025 · until 19 juin 2031 · 0679.599.519

Represented by Pieterjan Desmet

Active
Todecom

Director · since 09 juillet 2025 · until 19 juin 2031 · 0688.587.459

Represented by Tom Desmet

Active

Ended mandates

DEMA Invest

Director · since 20 février 2024 · until 19 juin 2025 · 0700.189.154

Represented by Marieke Desmet

Ended
DEMA Invest

Director · since 20 février 2024 · until 09 juillet 2025 · 0700.189.154

Represented by Marieke Desmet

Ended
The Veneer

Managing director · since 20 février 2024 · until 09 juillet 2025 · 0679.599.519

Represented by Pieterjan Desmet

Ended
The Veneer

Managing director · since 20 février 2024 · until 21 juin 2029 · 0679.599.519

Represented by Pieterjan Desmet

Ended

Other companies at this address

Lageweg 33 8930 Menen
CompanyCBE no.
DECOSPAN● Active
0889.710.328
0892.786.614
0418.850.156
D-Services● Active
1030.022.808
D-Warehouse● Active
0441.768.781
The Veneer● Active
0679.599.519

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/07/202618/07/202511/07/202412/07/202311/07/202213/07/2021
General meeting02/07/202609/07/202503/07/202427/06/202316/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202502/07/202614/07/2026DutchPDF
Full model31/12/202409/07/202518/07/2025DutchPDF
Full model31/12/202303/07/202411/07/2024DutchPDF
Full model31/12/202227/06/202312/07/2023DutchPDF
Full model31/12/202116/06/202211/07/2022DutchPDF
Abridged model31/12/202017/06/202113/07/2021DutchPDF
Abridged model31/12/201904/05/202028/05/2020DutchPDF
Abridged model31/12/201819/03/201906/05/2019DutchPDF
Abridged model31/12/201713/06/201820/06/2018DutchPDF
Abridged model31/12/201610/05/201718/05/2017DutchPDF
Abridged model31/12/201524/05/201631/05/2016DutchPDF
Abridged model31/12/201423/04/201529/04/2015DutchPDF
Abridged model31/12/201328/05/201404/06/2014DutchPDF
Abridged model31/12/201215/04/201329/08/2013DutchPDF
Abridged model31/12/201116/04/201220/08/2012DutchPDF
Abridged model31/12/201006/05/201124/08/2011DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 27 ended

Active mandates

DEMA Invest

Director · since 09 juillet 2025 · until 19 juin 2031 · 0700.189.154

Represented by Marieke Desmet

Active
Lurinvest

Director · since 09 juillet 2025 · until 19 juin 2031 · 0688.692.278

Represented by Pieter Desmet

Active
Malexis

Director · since 09 juillet 2025 · until 19 juin 2031 · 0687.848.675

Represented by Silke Desmet

Active
The Veneer

Managing director · since 09 juillet 2025 · until 19 juin 2031 · 0679.599.519

Represented by Pieterjan Desmet

Active
Todecom

Director · since 09 juillet 2025 · until 19 juin 2031 · 0688.587.459

Represented by Tom Desmet

Active

Ended mandates

DEMA Invest

Director · since 20 février 2024 · until 19 juin 2025 · 0700.189.154

Represented by Marieke Desmet

Ended
DEMA Invest

Director · since 20 février 2024 · until 09 juillet 2025 · 0700.189.154

Represented by Marieke Desmet

Ended
The Veneer

Managing director · since 20 février 2024 · until 09 juillet 2025 · 0679.599.519

Represented by Pieterjan Desmet

Ended
The Veneer

Managing director · since 20 février 2024 · until 21 juin 2029 · 0679.599.519

Represented by Pieterjan Desmet

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring05/05/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring14/08/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates17/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring25/08/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates20/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring21/05/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other14/05/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025136,5 k €↓
  2. 2024
    Annual accounts 2024201,2 k €↓
  3. 2023
    Annual accounts 2023692,7 k €↓
  4. 2022
    Annual accounts 2022964,5 k €↓
  5. 2021
    Annual accounts 20213,7 M €↑
  6. 2021
    Name changeD-ESTATE
  7. 2020
    Annual accounts 202019 k €↓
  8. 2019
    Annual accounts 201993,5 k €↓
  9. 2018
    Annual accounts 2018155,1 k €↑
  10. 2017
    Annual accounts 201784,7 k €↑
  11. 2016
    Annual accounts 201683,8 k €↓
  12. 2015
    Annual accounts 2015114,5 k €↑
  13. 2014
    Annual accounts 201484,8 k €↑
  14. 2013
    Annual accounts 201375,6 k €↓
  15. 2012
    Annual accounts 201277,8 k €↓
  16. 2011
    Annual accounts 201181,7 k €↑
  17. 2010
    Annual accounts 2010-139,3 k €
  18. 20/08/2010
    IncorporationPublic limited company
  19. 2010
    Name changeSolarPulse IV