DESAN
ActiveDESAN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €38k and a net result of €71k. Equity is growing by ~40.9% per year across the filed fiscal years. Its solvency ranks better than 36% of 26051 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
81
/ 100
Excellent▲ +26 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency44▼-23
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 12.91 against 2.72 in 2023), but 83.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
16.5%
Return on assets
30.4%
Age of the figures
30 mo
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 320 days later.
NBB · 10 filingsPosition against the passed deadline
31-03-2025 close31-10-2025 deadline16-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 26-09-2024, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
35 d early
2023
on the day
2022
28 d late
2021
4 d late
2020
28 d late
2019
295 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€38k
2023 · €-32k
2019: €-47k
2020: €-45k
2021: €-7k
2022: €-17k
2023: €-32k
2019 → 2024
Total assets
€232k▼ 12.7%
2023 · €266k
2019: €197k
2020: €135k
2021: €258k
2022: €231k
2023: €266k
2019 → 2024
Net result
€71k
2023 · €-16k
2019: €36k
2020: €2k
2021: €38k
2022: €-9k
2023: €-16k
2019 → 2024
Working capital
€195k▲ 34.0%
2023 · €145k
2019: €-88k
2020: €7k
2021: €130k
2022: €143k
2023: €145k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-45k-€-7k▲ 84.1%€-17k▼ 129%€-32k▼ 94.2%€38k
Operating result€4k-€27k▲ 557%€-8k€-9k▼ 5.4%€72k
Net result€2k-€38k▲ 2,183%€-9k€-16k▼ 67.2%€71k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €72k after a loss of €9k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €232k
Fixed assets
€21k▼ 42.1%
Current assets
€211k▼ 8.1%
Equity and liabilities €232k
Equity
€38k
Debt
€194k
Debt finances 83.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€87k▲
2023 · €9k
Cash flow
€86k▲
2023 · €2k
Solvency
16.5%▲
2023 · -12.1%
Current ratio
12.91▲
2023 · 2.72
Quick ratio
5.03▲
2023 · 1.25
Debt / equity
5.04▲
2023 · -9.27
ROE
183.8%▲
2023 · 48.5%
ROA
30.4%▲
2023 · -5.9%
Interest coverage
73.23▲
2023 · 13.34
Debt
€194k▼
2023 · €298k
Debt ≤ 1 year
€16k▼
2023 · €84k
Debt > 1 year
€177k▼
2023 · €214k
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€266k€232k▼
Fixed assets21/28€36k€21k▼
Tangible fixed assets22/27€36k€21k▼
Land and buildings22€11k€5k▼
Plant, machinery and equipment23€25k€16k▼
Current assets29/58€230k€211k▼
Stocks and contracts in progress3€124k€129k▲
Stocks30/36€124k€129k▲
Amounts receivable within one year40/41€102k€64k▼
Trade receivables40€59k€37k▼
Other amounts receivable41€43k€27k▼
Cash at bank and in hand54/58€4k€19k▲
Equity and liabilities
Total equity and liabilities10/49€266k€232k▼
Equity10/15€-32k€38k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-51k€20k▲
Amounts payable17/49€298k€194k▼
Amounts payable after more than one year17€214k€177k▼
Other amounts payable178/9€214k€177k▼
Amounts payable within one year42/48€84k€16k▼
Trade debts44€20k€5k▼
Suppliers440/4€20k€5k▼
Advances received on contracts in progress46€4k€4k▲
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€4k€8k▲
Other amounts payable47/48€57k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€15k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€12k€90k▲
Operating profit (loss)9901€-9k€72k▲
Financial income75/76B€210€48▼
Recurring financial income75€210€48▼
Financial charges65/66B€675€1k▲
Recurring financial charges65€675€1k▲
Profit (loss) for the period before taxes9903€-9k€71k▲
Income taxes67/77€6k-
Profit (loss) for the period9904€-16k€71k▲
Profit (loss) for the period to be appropriated9905€-16k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€20k▲
Profit (loss) brought forward from the previous period14P€-35k€-51k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €71k
Net result €71k after 2 loss-making years.
31-03
Financial
Liquidity times 5current ratio 12.91
Current ratio from 2.72 to 12.91; short-term debt falls from €84k to €16k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
31-03
Financial
Liquidity triplescurrent ratio 3.55
Current ratio from 1.23 to 3.55.
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 295 days late
31-03
Financial
Liquidity doublescurrent ratio 1.23
Current ratio from 0.52 to 1.23; short-term debt falls from €184k to €30k.
2019
14-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 134 days late
2017
26-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Gistel · 1 establishment unit since 2020
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.
Haelinckstraat 38470 GistelGround area
1.6 ha
Building footprint
1,274 m²
Parcel 35027B0380/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
Haelinckstraat 3, 8470 Gistel
since 20202.310.175.457
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35027B0380/00H000 | Flanders | 1.6 ha | 1 · 1,273 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGistel2.310.175.457
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BE 0746.539.318
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LA CHARCUTERIE
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Of 3,024 companies in sector 47221 we hold annual accounts for 1,549. 1,245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-06-2004
Fiscal year end31-03
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
52220
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.