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DESAER

Active
Private limited companyfounded 201115 yrs activeZandrodestraat 23, 3470 Kortenaken, BelgiumKBO/BCE: BE 0836.905.013

DESAER has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21k and a net result of €3k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 82% of 705 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
86 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+70
Solvency100▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 4.09 against 3.3 in 2023; short-term debt: 23.6% and cash: 51% of total assets), and 23.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
76.4%
Return on assets
9.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
30 d early
2023
28 d early
2022
32 d early
2021
5 d early
2020
3 d late
2019
18 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€21k▲ 13.7%
2023 · €18k
2018: €14k 2019: €20k 2020: €14k 2021: €21k 2022: €20k 2023: €18k
2018 → 2024
Total assets
€27k▲ 7.5%
2023 · €26k
2018: €36k 2019: €36k 2020: €29k 2021: €32k 2022: €30k 2023: €26k
2018 → 2024
Net result
€3k
2023 · €-2k
2018: €220 2019: €6k 2020: €-7k 2021: €7k 2022: €-822 2023: €-2k
2018 → 2024
Working capital
€20k▲ 22.9%
2023 · €16k
2018: €2k 2019: €11k 2020: €6k 2021: €16k 2022: €17k 2023: €16k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€14k-€21k▲ 53.2%€20k▼ 3.9%€18k▼ 8.9%€21k▲ 13.7%
Operating result€-7k-€7k€-826€-2k▼ 99.0%€3k
Net result€-7k-€7k€-822€-2k▼ 119%€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5kOperating result 2020: €-7k€-7kNet result 2020: €-7k€-7kOperating result 2021: €7k€7kNet result 2021: €7k€7kOperating result 2022: €-826€-826Net result 2022: €-822€-822Operating result 2023: €-2k€-2kNet result 2023: €-2k€-2kOperating result 2024: €3k€3kNet result 2024: €3k€3k20202021202220232024
The operating result returns to profit in 2024: €3k after a loss of €2k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €27k
Fixed assets €965▼ 55.5%
Current assets €27k▲ 13.4%
Equity and liabilities €27k
Equity €21k▲ 13.7%
Debt €6k▼ 8.6%
The debt ratio falls from 27.8% to 23.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€4k
2023 · €-220
Cash flow
€4k
2023 · €-381
Solvency
76.4%
2023 · 72.2%
Current ratio
4.09
2023 · 3.30
Quick ratio
3.28
2023 · 2.46
Debt / equity
0.31
2023 · 0.38
ROE
12.0%
2023 · -9.8%
ROA
9.2%
2023 · -7.1%
Interest coverage
43.79
2023 · -1.15
Debt
€6k
2023 · €7k
Debt ≤ 1 year
€6k
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€26k€27k
Fixed assets21/28€2k€965
Tangible fixed assets22/27€2k€965
Plant, machinery and equipment23€1k€458
Furniture and vehicles24€805€507
Current assets29/58€23k€27k
Stocks and contracts in progress3€6k€5k
Stocks30/36€6k€5k
Amounts receivable within one year40/41€2k€5k
Trade receivables40€310€5k
Other amounts receivable41€2k€54
Cash at bank and in hand54/58€13k€14k
Deferred charges and accrued income490/1€3k€3k=
Equity and liabilities
Total equity and liabilities10/49€26k€27k
Equity10/15€18k€21k
Contributions10/11€7k€7k=
Reserves13€290€290=
Distributable reserves133€290€290=
Profit (loss) carried forward14€11k€13k
Amounts payable17/49€7k€6k
Amounts payable within one year42/48€7k€6k
Trade debts44€355€4k
Suppliers440/4€355€4k
Advances received on contracts in progress46€5k-
Taxes, remuneration and social security45€1k€2k
Taxes450/3€1k€2k
Other amounts payable47/48€420€260
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k
Other operating charges640/8€568€488
Gross operating margin9900€347€4k
Operating profit (loss)9901€-2k€3k
Financial income75/76B€31€61
Recurring financial income75€31€61
Financial charges65/66B€192€86
Recurring financial charges65€192€86
Profit (loss) for the period before taxes9903€-2k€3k
Profit (loss) for the period9904€-2k€3k
Profit (loss) for the period to be appropriated9905€-2k€3k
Appropriation of the result
Profit (loss) to be appropriated9906€11k€13k
Profit (loss) brought forward from the previous period14P€13k€11k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €3k
Net result €3k after 2 loss-making years.
03-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €7k
Net result €7k after one loss-making year.
03-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
31-12
Financial Weakest financial yearnet €-7k ▼205%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
18-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
26-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortenaken · 1 establishment unit since 2011
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Zandrodestraat 233470 Kortenaken
Ground area
2,556 m²
Building footprint
355 m²
Volume, LiDAR
1,895 m³
Parcel 24054B0394/00K002, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DESAER
Zandrodestraat 23, 3470 KortenakenManufacture of other builders' carpentry and joinery
since 20112.201.382.831
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24054B0394/00K002 Flanders 2,556 m² 1 · 355 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,599 companies in sector 16230 we hold annual accounts for 783. 475 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded31-05-2011
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.