NORMAL SITUATION

DESECO

Financial year 2024 · closed on 30/06/2024
Net result
-19,3 k €
-1696.6% YoY
Gross margin
-8,6 k €
-220.4% YoY
Equity
89,7 k €
-17.7% YoY

Company — Normal situation.

What does DESECO do?

DESECO is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0885.210.518
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
30/06/2024
Joint committees (1)
  • 218
Signals
Solid equityGood liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-8,6 k €7,2 k €4,6 k €47,8 k €25,7 k €-1,7 k €21,2 k €19,2 k €39,4 k €130,4 k €116 k €113,3 k €100,4 k €74,5 k €96,8 k €80,4 k €65,2 k €51,9 k €
EBITDA-9,8 k €1,7 k €1,6 k €47,2 k €23,3 k €-4,3 k €19,7 k €16,6 k €38 k €127,8 k €109,6 k €96,9 k €30,3 k €8,4 k €27,2 k €43,8 k €43,5 k €41 k €
Operating result-13,8 k €-3,4 k €-565,6 €32 k €5,9 k €-34,6 k €-12 k €-15,3 k €5,7 k €107,2 k €91,3 k €77,2 k €9,7 k €-11,7 k €4,9 k €17,4 k €10,3 k €20,3 k €
Net result-19,3 k €1,2 k €-1 k €27,9 k €4,2 k €-41,2 k €152 €-49,8 k €-10 k €59,9 k €70 k €57,2 k €-3,8 k €-18 k €-10,6 k €7,5 k €12 €5,8 k €
Balance sheet
Equity89,7 k €109 k €107,8 k €108,8 k €101,3 k €97,1 k €126,8 k €169,6 k €219,3 k €229,3 k €169,5 k €99,5 k €42,2 k €46,1 k €64,1 k €74,8 k €67,3 k €67,3 k €
Total assets282,2 k €374,6 k €396,3 k €337,5 k €390,3 k €366,3 k €405,9 k €438,8 k €476,5 k €416,6 k €375,2 k €299,2 k €345,8 k €342,6 k €355,8 k €340,4 k €248 k €292,8 k €
Cash1,4 k €2,2 k €18,2 k €74,2 k €18,5 k €3,9 k €12,6 k €2,9 k €15,7 k €11,7 k €491,4 €31,4 k €33,5 k €14,2 k €25,2 k €4,5 k €9,6 k €13,9 k €
Debts192,5 k €265,6 k €288,4 k €219,3 k €289,1 k €269,2 k €279 k €257,8 k €246 k €175,2 k €193,7 k €188,8 k €285,6 k €296,4 k €273,1 k €265,6 k €160 k €151,4 k €
Other
Workforce0,3 ETP1,5 ETP2,3 ETP2,0 ETP1,1 ETP0,7 ETP0,3 ETP
Governance

Board of directors

Seen on filing of 30/06/2024 · 2 active · 14 ended

Active mandates

Federico Thiers

Director · since 29 décembre 2017

Active
Florian Thiers

Director

Active

Ended mandates

Florian Thiers

Director · since 01 octobre 2021

Ended
Federico Thiers

Manager · since 29 décembre 2017

Ended
Lieve Lootens

Manager · since 29 décembre 2017

Ended
Federico Thiers

Managing director · since 01 juillet 2014 · until 29 décembre 2017

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year30/06/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year6 months12 months12 months12 months12 months12 months
Filing date13/01/202505/07/202408/05/202323/05/202210/05/202104/06/2020
General meeting16/12/202406/05/202402/05/202302/05/202203/05/202104/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202416/12/202413/01/2025DutchPDF
Micro model31/12/202306/05/202405/07/2024DutchPDF
Micro model31/12/202202/05/202308/05/2023DutchPDF
Micro model31/12/202102/05/202223/05/2022DutchPDF
Micro model31/12/202003/05/202110/05/2021DutchPDF
Micro model31/12/201904/05/202004/06/2020DutchPDF
Micro model31/12/201806/05/201928/06/2019DutchPDF
Micro model31/12/201707/05/201802/06/2018DutchPDF
Micro model31/12/201602/05/201731/08/2017DutchPDF
Abridged model31/12/201502/05/201611/05/2016DutchPDF
Abridged model31/12/201404/05/201505/05/2015DutchPDF
Abridged model31/12/201305/05/201406/06/2014DutchPDF
Abridged model31/12/201206/05/201313/05/2013DutchPDF
Abridged model31/12/201107/05/201222/05/2012DutchPDF
Abridged model31/12/201002/05/201106/05/2011DutchPDF
Abridged model31/12/200903/05/201007/05/2010DutchPDF
Abridged model31/12/200804/05/200926/06/2009DutchPDF
Abridged model31/12/200705/05/200809/06/2008DutchPDF
Estimate

Indicative valuation

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 30/06/2024 · 2 active · 14 ended

Active mandates

Federico Thiers

Director · since 29 décembre 2017

Active
Florian Thiers

Director

Active

Ended mandates

Florian Thiers

Director · since 01 octobre 2021

Ended
Federico Thiers

Manager · since 29 décembre 2017

Ended
Lieve Lootens

Manager · since 29 décembre 2017

Ended
Federico Thiers

Managing director · since 01 juillet 2014 · until 29 décembre 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution21/01/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring05/11/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates06/10/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates26/01/2018
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    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

Timeline

  1. 2024
    Annual accounts 2024-19,3 k €
  2. 2023
    Annual accounts 20231,2 k €
  3. 2022
    Annual accounts 2022-1 k €
  4. 2021
    Annual accounts 202127,9 k €
  5. 2020
    Annual accounts 20204,2 k €
  6. 2019
    Annual accounts 2019-41,2 k €
  7. 2018
    Annual accounts 2018152 €
  8. 2017
    Annual accounts 2017-49,8 k €
  9. 2016
    Annual accounts 2016-10 k €
  10. 2015
    Annual accounts 201559,9 k €
  11. 2014
    Annual accounts 201470 k €
  12. 2013
    Annual accounts 201357,2 k €
  13. 2012
    Annual accounts 2012-3,8 k €
  14. 2011
    Annual accounts 2011-18 k €
  15. 2010
    Annual accounts 2010-10,6 k €
  16. 2009
    Annual accounts 20097,5 k €
  17. 2008
    Annual accounts 200812 €
  18. 2007
    Annual accounts 20075,8 k €