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DESART INDUSTRIES

Active
Public limited companyfounded 1980active for 45 yearsKelderveld 11, 2500 Lier, BelgiumKBO/BCE: BE 0421.080.166
Summary

DESART INDUSTRIES has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.7m and a net result of -€652,035. Equity is shrinking by about 3.2% per year across the filed financial years. Its solvency ranks better than 70% of 826 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

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DESART INDUSTRIESActiveChecked score 69/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25999Machining of metals NACE 25530
8th oldest company in Lier, Manufacturing sector1 site
Size
€7.5mtotal assets 2025
Staff
40.9 FTE
Equity
€4.7m
Loss
-€652,035
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
DECOBU · 100%
  • MynosDirector · permanent representative Stijn Van Damme
  • DECOBUManaging director · permanent representative Coen Buyse
  • Philippe BuyseManaging director
Auditor: A&C - Bedrijfsrevisor2025 accounts 22 days early3 of 14 deeds summarised
Why 69raises riskLoss of €652,035 (financial year 2025)Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Liquidity: current ratio 1.43, cash €422,836lowers riskEquity €4.7m (62.0% of total assets)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 39% of its sector peers (NACE 25, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 87-2
equity 62.0% of total assets
Liquidity 48-4
short-term debt 23.8% · cash 5.6%
Profitability 25-44
return on assets -8.7%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (749 companies, NACE 25, small)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.6%● unchanged vs 08-2026highest value 10-2026: 0.6%● unchanged vs 09-2026highest value
Credit of up to €320,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.43, compared with 1.98 in 2024, below the usual 1.5; short-term debt: 23.8% and cash: 5.6% of total assets), and 38% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, small): better than 74% on solvency, 55% on liquidity, 12% on profitability and 15% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €652,035 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €4.7m (62.0% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Liquidity: current ratio 1.43, cash €422,836
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
23 days early
2023
16 days early
2022
on the day
2021
10 days late
2020
19 days late
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days before the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€652,035
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2025after €220,560 in 2024 -€652,035 View
  • Caution: Among the weakest 7% on net resultsector median €79,515 · 826 companies -€652,035 View
  • Controlled by DECOBU 100% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
  • Active since 1980founded 11-12-1980 45 years View

By topic

Financials

Financial year
2025
Total assets
€7.5m
Loss
-€652,035
Solvency
62.0%
Go to Financials

Board & ownership

Board
3 members
Parent
DECOBU · 100%
Auditor
A&C - Bedrijfsrevisor
  • MynosDirector
  • DECOBUManaging director
  • Philippe BuyseManaging director
Go to Board & ownership

Timeline

Events
52
Since
1982
Next accounts
by 31-07-2027
  1. 21-03-2025Appointment: A&C - Bedrijfsrevisor (statutory auditor)
  2. 22-07-2024Capital & shares
  3. 15-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25999
Founded
11-12-1980
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about DESART INDUSTRIES

What is the company number of DESART INDUSTRIES?
0421.080.166. In Belgium the VAT number is the company number with BE in front: BE 0421.080.166.
Where is DESART INDUSTRIES based?
The registered office is at Kelderveld 11, 2500 Lier.Company details
What does DESART INDUSTRIES do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999).
What is the legal form of DESART INDUSTRIES?
Public limited company (NV).
When was DESART INDUSTRIES founded?
On 11-12-1980.
Is DESART INDUSTRIES still active?
Yes, DESART INDUSTRIES is an active enterprise in the KBO register.
How many employees does DESART INDUSTRIES have?
On average 40.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DESART INDUSTRIES?
€7.4m in financial year 2018, according to the filed annual accounts.
Is DESART INDUSTRIES profitable?
In financial year 2025, DESART INDUSTRIES made a loss of €652,035.
Where can I find the annual accounts of DESART INDUSTRIES?
DESART INDUSTRIES filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DESART INDUSTRIES due?
By 31-07-2027, for financial year 2026.Timeline

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