ACTIVE

D.S.R.T.

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Financial year 2025 · Closed on 31/12/2025

Net result2,5 M €-61,6 %over 1 year
Gross margin231,9 k €+161,2 %over 1 year
Equity43,4 M €+6,1 %over 1 year
Workforce1,8 ETP-10,0 %over 1 year

Identity

Source · BCE/KBO

D.S.R.T. is a Public limited company incorporated in 2005. Its registered office is in Harelbeke. It employs on average 1,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0878.313.818
Incorporation
30/12/2005
Legal form
Public limited company
Registered office
Kanaalstraat 1
8530 Harelbeke · FlandreSee on map
Contributed capital
645 112,00 €
Latest accounts
31/12/2025
Average workforce
1,8 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 24 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin231,9 k €88,8 k €166,7 k €250,7 k €607,1 k €
EBITDA21,7 k €-38,9 k €25,6 k €216,2 k €-36,6 k €
Operating result-92,9 k €-97,5 k €-62,3 k €110,2 k €-153,7 k €
Net result2,5 M €6,5 M €1,2 M €4,6 M €3 M €
Balance sheet
Equity43,4 M €40,9 M €34,4 M €33,2 M €37,6 M €
Total assets44,1 M €49,1 M €42,1 M €40,7 M €40,2 M €
Cash297,4 k €692,3 k €8,1 M €13,4 M €2,4 M €
Debts653,6 k €8,2 M €7,6 M €7,5 M €2,6 M €
Other
Workforce1,8 ETP2,0 ETP2,0 ETP1,3 ETP6,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 15 ended

Active mandates

Rita Tanghe

Director · since 14 octobre 2022 · until 02 juin 2028

Active

Ended mandates

Désiré Stadsbader

Managing director · since 14 octobre 2022 · until 02 juin 2028

Ended
Stephanie Valcke

Director · since 30 juin 2018 · until 30 juin 2021

Ended
Désiré Stadsbader

Managing director · since 02 juin 2017 · until 02 juin 2023

Ended
Rita Tanghe

Director · since 02 juin 2017 · until 02 juin 2023

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date01/07/202617/07/202524/06/202405/07/202322/06/202207/07/2021
General meeting12/06/202617/07/202507/06/202430/06/202310/06/202230/06/2021
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, 24 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202601/07/2026DutchPDF
Abridged model31/12/202417/07/202517/07/2025DutchPDF
Abridged model31/12/202307/06/202424/06/2024DutchPDF
Abridged model31/12/202230/06/202305/07/2023DutchPDF
Abridged model31/12/202110/06/202222/06/2022DutchPDF
Abridged model31/12/202030/06/202107/07/2021DutchPDF
Full model31/12/201919/06/202002/07/2020DutchPDF
Full model31/12/201828/06/201909/07/2019DutchPDF
Full model31/12/201730/06/201810/07/2018DutchPDF
Full model31/12/201630/06/201713/07/2017DutchPDF
Full model31/12/201503/06/201614/07/2016DutchPDF
Full model31/12/201405/06/201514/07/2015DutchPDF
Full model31/12/201330/06/201415/07/2014DutchPDF
Full model31/12/201207/06/201309/07/2013DutchPDF
Full model31/12/201101/06/201215/06/2012DutchPDF
Full model31/12/201006/06/201128/06/2011DutchPDF
Full model31/12/200917/05/201012/07/2010DutchPDF
Full modelCorrection31/12/200805/06/200903/09/2009DutchPDF
Full model31/12/200805/06/200905/06/2009DutchPDF
Consolidated accounts31/12/200830/06/200909/07/2009DutchPDF
Full model31/12/200706/06/200807/07/2008DutchPDF
Consolidated accounts31/12/200730/06/200805/09/2008DutchPDF
Full model31/12/200622/06/200712/07/2007DutchPDF
Consolidated accounts31/12/200613/07/200720/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

1 active · 15 ended

Active mandates

Rita Tanghe

Director · since 14 octobre 2022 · until 02 juin 2028

Active

Ended mandates

Désiré Stadsbader

Managing director · since 14 octobre 2022 · until 02 juin 2028

Ended
Stephanie Valcke

Director · since 30 juin 2018 · until 30 juin 2021

Ended
Désiré Stadsbader

Managing director · since 02 juin 2017 · until 02 juin 2023

Ended
Rita Tanghe

Director · since 02 juin 2017 · until 02 juin 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring31/08/2026
    PARTIËLE SPLITSING — BUITENGEWONE ALGEMENE VERGADERING VAN!
    PDF
  • Mandates21/08/2026
    ZETEL, ONTSLAGEN, BENOEMINGEN
    PDF
  • Restructuring11/05/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/11/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates21/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2019
    ONTSLAGEN - BENOEMINGEN
    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 20252,5 M €↓
  2. 2024
    Annual accounts 20246,5 M €↑
  3. 2023
    Annual accounts 20231,2 M €↓
  4. 2022
    Annual accounts 20224,6 M €↑
  5. 2021
    Annual accounts 20213 M €↑
  6. 2020
    Annual accounts 2020326,9 k €↓
  7. 2019
    Annual accounts 20191,1 M €↑
  8. 2018
    Annual accounts 2018175,5 k €↓
  9. 2017
    Annual accounts 20171,5 M €↑
  10. 2016
    Annual accounts 2016674 k €↑
  11. 2015
    Annual accounts 2015-359,8 k €↓
  12. 2014
    Annual accounts 2014519 k €↓
  13. 2013
    Annual accounts 201319,6 M €↑
  14. 2012
    Annual accounts 2012341,3 k €↓
  15. 2011
    Annual accounts 2011456,9 k €↓
  16. 2010
    Annual accounts 20109,3 M €↑
  17. 2009
    Annual accounts 2009305,6 k €↓
  18. 2008
    Annual accounts 2008308,3 k €↑
  19. 2007
    Annual accounts 2007304,8 k €↑
  20. 2006
    Annual accounts 2006291,5 k €
  21. 30/12/2005
    IncorporationPublic limited company