ACTIVE

Despiegelaere Projects

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Financial year 2025 · Closed on 31/12/2025

Net result4 M €+230,5 %over 1 year
Gross margin-448,2 k €-41,4 %over 1 year
Equity29,9 M €+5,7 %over 1 year

Identity

Source · BCE/KBO

Despiegelaere Projects is a Public limited company incorporated in 2004. Its main activity is: Activities of holding companies. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0865.360.853
Incorporation
18/05/2004
Legal form
Public limited company
Registered office
Beneluxpark(Kor) 26 box .0002
8500 Kortrijk · FlandreSee on map
Contributed capital
3 758 161,39 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin-448,2 k €-317,1 k €-187,2 k €-142,7 k €5,2 M €
EBITDA-586,5 k €-319,2 k €-188,5 k €-155,9 k €5,2 M €
Operating result-589,1 k €-322,3 k €-189,8 k €-155,9 k €5,2 M €
Net result4 M €1,2 M €1,8 M €1,2 M €6,2 M €
Balance sheet
Equity29,9 M €28,3 M €29,7 M €28 M €26,7 M €
Total assets41,6 M €36,3 M €35,9 M €35,4 M €34,4 M €
Cash34,6 k €57,2 k €196 k €769 k €340,9 k €
Debts11,6 M €8 M €6,1 M €7,4 M €7,6 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Siska Dedeyne
Managing directorsince 17/04/2015Director16/04/2004 → 2021 accountsended
Spinvest Group0795.571.036Represented by Despiegelaere ARTHUR LUC T
Directorsince 31/10/2024
Staere1005.912.962Represented by Despiegelaere AXELLE
Directorsince 31/10/2024

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DSProjects0702.760.743Represented by Despiegelaere Arthur Luc T
Director03/12/2020 → 2024 accounts
Arthur Despiegelaere
Directorlisted until the 2019 accounts
Axelle Despiegelaere
Director01/01/2020 → 31/10/2024

Other companies at this address

Beneluxpark(Kor) 26 8500 Kortrijk
CompanyCBE no.
9altitudes BV● Active
0802.069.244
9altitudes Engineering Solutions● Active
0802.069.442
9altitudes Enterprise Solutions● Active
0731.679.017
Adu Groep● Active
0830.783.026
AD ULTIMA● Active
0472.713.068
AD ULTIMA INVEST● Active
0879.143.662
AROES● Active
0644.569.057
ARTELCO● Active
0810.655.229
AVABEKE● Active
0687.573.117
AVARONNE● Active
0844.936.316
BTW-eenheid DESPIEGELAERE GROEP● Active
1029.290.952
CAPRICE● Bankrupt
0423.235.447
CARE TALENTS● Active
0820.126.090
Crecimiento● Active
1039.649.760
DEMSAR● Active
0734.960.585
Den Bosse● Active
1022.617.748
DENNEDUIN● Active
0451.225.687
Despiegelaere Promotions● Active
0878.167.130
doQmind● Bankrupt
0788.491.521
DP-Technics● Active
1021.323.787

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/11/202301/11/202201/11/202101/11/202001/11/2019
Closing of the financial year31/12/202531/12/202431/10/202331/10/202231/10/202131/10/2020
Length of the financial year12 months14 months12 months12 months12 months12 months
Filing date15/07/202625/09/202504/07/202416/05/202331/05/202220/05/2021
General meeting19/06/202620/06/202519/04/202421/04/202315/04/202207/05/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202615/07/2026DutchPDF
Abridged model31/12/202420/06/202525/09/2025DutchPDF
Abridged model31/10/202319/04/202404/07/2024DutchPDF
Abridged model31/10/202221/04/202316/05/2023DutchPDF
Abridged model31/10/202115/04/202231/05/2022DutchPDF
Abridged model31/10/202007/05/202120/05/2021DutchPDF
Abridged model31/10/201917/04/202029/04/2020DutchPDF
Abridged model31/10/201819/04/201916/05/2019DutchPDF
Abridged model31/10/201720/04/201807/05/2018DutchPDF
Abridged model31/10/201621/04/201731/05/2017DutchPDF
Abridged model31/10/201515/04/201602/05/2016DutchPDF
Abridged model31/10/201411/05/201529/05/2015DutchPDF
Abridged model31/10/201318/04/201430/04/2014DutchPDF
Abridged modelCorrection31/10/201219/04/201304/07/2013DutchPDF
Abridged model31/10/201219/04/201315/05/2013DutchPDF
Abridged model31/10/201111/05/201230/05/2012DutchPDF
Abridged model31/10/201006/05/201118/05/2011DutchPDF
Abridged model31/10/200914/05/201025/05/2010DutchPDF
Abridged model31/10/200819/06/200917/07/2009DutchPDF
Abridged model31/10/200718/04/200804/06/2008DutchPDF
Abridged model31/01/200719/08/200706/09/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Siska Dedeyne
Managing directorsince 17/04/2015Director16/04/2004 → 2021 accountsended
Spinvest Group0795.571.036Represented by Despiegelaere ARTHUR LUC T
Directorsince 31/10/2024
Staere1005.912.962Represented by Despiegelaere AXELLE
Directorsince 31/10/2024

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DSProjects0702.760.743Represented by Despiegelaere Arthur Luc T
Director03/12/2020 → 2024 accounts
Arthur Despiegelaere
Directorlisted until the 2019 accounts
Axelle Despiegelaere
Director01/01/2020 → 31/10/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/11/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office11/02/2022
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/01/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates31/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/05/2016
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Spinvest Group
Staere
Siska Dedeyne
DSProjects
Axelle Despiegelaere
Arthur Despiegelaere
DENNEDUIN
Yves De Spiegelaere
Yves Despiegelaere
20042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Despiegelaere Projects
Beneluxpark(Kor) 26 bte .0002, 8500 KortrijkBeneluxpark 26 bte 2, 8500 Kortrijk
Director
Director
Managing directorDirector
Director
Director
Managing directorDirector
DirectorManaging director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Beneluxpark(Kor) 26 bte .0002, 8500 KortrijkCurrent
accounts 2025
Accounts 2025 · 2026-00296512
Beneluxpark 26/2, 8500 Kortrijk
accounts 2024
Accounts 2024 · 2025-00505543
Beneluxpark 26 bte 2, 8500 Kortrijk
accounts 2022 → 2023
Accounts 2023 · 2024-00216001
BOSLAAN 24, 8300 Knokke-Heist
accounts 2021
Accounts 2021 · 2022-20044305

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Despiegelaere ProjectsCurrent
accounts 2007 → 2025
Accounts 2025 · 2026-00296512

Events

  1. 2025
    Annual accounts 20254 M €↑
  2. 2024
    Annual accounts 20241,2 M €↓
  3. 2023
    Annual accounts 20231,8 M €↑
  4. 2022
    Annual accounts 20221,2 M €↓
  5. 2021
    Annual accounts 20216,2 M €↑
  6. 2020
    Annual accounts 2020611,6 k €↓
  7. 2019
    Annual accounts 2019817,6 k €↓
  8. 2018
    Annual accounts 20181,2 M €↑
  9. 2017
    Annual accounts 2017658,5 k €↑
  10. 2016
    Annual accounts 2016343,4 k €↑
  11. 2015
    Annual accounts 2015309,1 k €↓
  12. 2014
    Annual accounts 2014422,6 k €↓
  13. 2013
    Annual accounts 2013581,8 k €↓
  14. 2012
    Annual accounts 20121,1 M €↑
  15. 2011
    Annual accounts 2011927,3 k €↑
  16. 2010
    Annual accounts 2010194,6 k €↓
  17. 2009
    Annual accounts 2009571,7 k €↓
  18. 2008
    Annual accounts 2008723,6 k €↑
  19. 2007
    Annual accounts 2007281,3 k €↓
  20. 2007
    Annual accounts 20071,2 M €
  21. 18/05/2004
    IncorporationPublic limited company