ACTIVE

DESMET & ENGELS

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Financial year 2024 · closed on 31/12/2024
Net result
269,9 k €
+185.8% YoY
Gross margin
598,1 k €
+114.1% YoY
Equity
1,1 M €
+28.5% YoY
Workforce
2,0 ETP
+100.0% YoY

What does DESMET & ENGELS do?

DESMET & ENGELS is a Private limited company incorporated in 2007. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Kortrijk. It employs on average 2,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0889.280.657
Incorporation
08/05/2007
Legal form
Private limited company
Registered office
Schepen Duyckstraat(kor) 9
8500 Kortrijk · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2024
Average workforce
2,0 ETP
Activities (NACE)
45112Sale of cars and light motor vehicles· main45204Maintenance and repair of motor vehicles46180Agents specialised in the sale of other particular products95314Repair of computers and personal and household goods50102Sea and coastal passenger water transport77120Rental and leasing of trucks+3
Joint committees (5)
  • 112
  • 14902
  • 200
  • 20000
  • 218
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 15 financial years

202420232022202120182017201620152014201320122011201020092008
Income statement
Gross margin598,1 k €279,3 k €137,7 k €129,1 k €101 k €274,4 k €116,3 k €228 k €417,7 k €231,6 k €253,5 k €172,4 k €173,2 k €41,2 k €80 k €
EBITDA464,1 k €202,8 k €69,7 k €106,5 k €97,6 k €307,1 k €71,2 k €207,8 k €310,8 k €133,2 k €130 k €98 k €74,5 k €12,7 k €76,4 k €
Operating result409,4 k €161,2 k €64,9 k €167,4 k €62,6 k €205,6 k €30 k €163,3 k €259,8 k €69,4 k €64,6 k €49,1 k €25 k €11 k €75,7 k €
Net result269,9 k €94,4 k €35,4 k €126,2 k €33,4 k €115,8 k €7,3 k €104,2 k €164,3 k €31,5 k €37,9 k €20,4 k €7,2 k €4,1 k €55,8 k €
Balance sheet
Equity1,1 M €871,7 k €797,4 k €767,1 k €537,9 k €504,5 k €388,7 k €381,3 k €287,2 k €137,9 k €116,4 k €88,5 k €78 k €70,8 k €66,8 k €
Total assets3,6 M €2,9 M €3,2 M €3 M €3,4 M €2,5 M €2,4 M €2,3 M €2 M €1,9 M €1,4 M €1,5 M €1,3 M €610,5 k €124,6 k €
Cash244,6 k €5,6 k €29,7 k €212,5 k €22,8 k €52,7 k €123,6 k €498,5 k €263,2 k €62,7 k €74,4 k €73,5 k €207,7 k €6,2 k €6,5 k €
Debts2,4 M €1,9 M €2,2 M €2 M €2,5 M €1,6 M €1,6 M €1,5 M €1,3 M €1,4 M €1 M €1,2 M €1,1 M €523,1 k €55,1 k €
Other
Workforce2,0 ETP1,0 ETP1,0 ETP0,2 ETP––0,8 ETP0,5 ETP0,5 ETP0,5 ETP1,0 ETP0,8 ETP1,1 ETP0,7 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 31/12/2024 · 2 active · 3 ended

Active mandates

Wouter Desmet

Director · since 14 décembre 2020

Active
Charlotte Engels

Director · since 14 août 2019

Active

Ended mandates

Wouter Pierre Desmet

Director · since 14 décembre 2020

Ended
Wouter Desmet

Director · since 02 mai 2007 · until 14 août 2019

Ended
WOUTER DESMET

Manager

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/07/202510/07/202427/07/202319/10/202231/08/202128/08/2020
General meeting30/06/202530/06/202430/06/202314/10/202230/06/202130/06/2020
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202528/07/2025DutchPDF
Abridged model31/12/202330/06/202410/07/2024DutchPDF
Abridged model31/12/202230/06/202327/07/2023DutchPDF
Abridged model31/12/202114/10/202219/10/2022DutchPDF
Abridged model31/12/202030/06/202131/08/2021DutchPDF
Abridged model31/12/201930/06/202028/08/2020DutchPDF
Abridged model31/12/201801/06/201931/08/2019DutchPDF
Abridged model31/12/201730/06/201831/08/2018DutchPDF
Abridged model31/12/201630/06/201725/09/2017DutchPDF
Abridged model31/12/201530/06/201629/08/2016DutchPDF
Abridged model31/12/201406/06/201518/08/2015DutchPDF
Abridged model31/12/201307/06/201429/08/2014DutchPDF
Abridged model31/12/201201/06/201330/08/2013DutchPDF
Abridged model31/12/201102/06/201231/08/2012DutchPDF
Abridged model31/12/201025/06/201130/09/2011DutchPDF
Abridged model31/12/200905/06/201029/09/2010DutchPDF
Abridged model31/12/200806/06/200931/07/2009DutchPDF
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 31/12/2024 · 2 active · 3 ended

Active mandates

Wouter Desmet

Director · since 14 décembre 2020

Active
Charlotte Engels

Director · since 14 août 2019

Active

Ended mandates

Wouter Pierre Desmet

Director · since 14 décembre 2020

Ended
Wouter Desmet

Director · since 02 mai 2007 · until 14 août 2019

Ended
WOUTER DESMET

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/01/2021
    WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/05/2007
    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

Timeline

  1. 2024
    Annual accounts 2024269,9 k €↑
  2. 2023
    Annual accounts 202394,4 k €↑
  3. 2022
    Annual accounts 202235,4 k €↓
  4. 2021
    Annual accounts 2021126,2 k €↑
  5. 2018
    Annual accounts 201833,4 k €↓
  6. 2017
    Annual accounts 2017115,8 k €↑
  7. 2016
    Annual accounts 20167,3 k €↓
  8. 2015
    Annual accounts 2015104,2 k €↓
  9. 2014
    Annual accounts 2014164,3 k €↑
  10. 2013
    Annual accounts 201331,5 k €↓
  11. 2012
    Annual accounts 201237,9 k €↑
  12. 2011
    Annual accounts 201120,4 k €↑
  13. 2010
    Annual accounts 20107,2 k €↑
  14. 2009
    Annual accounts 20094,1 k €↓
  15. 2008
    Annual accounts 200855,8 k €
  16. 08/05/2007
    IncorporationPrivate limited company