Summary
DESATO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €522,369 and a net result of €23,806. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 8091 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
10 d early
2023
20 d early
2022
4 d late
2021
15 d late
2020
31 d late
2019
22 d 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 on the deadline day; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 31 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€522,369▲ 4.8%
2024 · €498,563
Net result
€23,806▼ 76.6%
2024 · €101,560
Total assets
€530,325▼ 11.2%
2024 · €597,087
Solvency
98.5%▲ 15.0pp
2024 · 83.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€54,461▲ 2.8%€28,304▼ 48.0%€64,060▲ 126%€148,608▲ 132%€33,269▼ 77.6%
Net result€39,198within the sector's middle half▲ 3.7%€20,277within the sector's middle half▼ 48.3%€46,102within the sector's middle half▲ 127%€101,560above the sector's middle half▲ 120%€23,806within the sector's middle half▼ 76.6%
Equity€330,624within the sector's middle half▲ 13.5%€350,902within the sector's middle half▲ 6.1%€397,004within the sector's middle half▲ 13.1%€498,563above the sector's middle half▲ 25.6%€522,369above the sector's middle half▲ 4.8%
Total assets€345,595within the sector's middle half▲ 12.4%€367,561within the sector's middle half▲ 6.4%€423,140within the sector's middle half▲ 15.1%€597,087within the sector's middle half▲ 41.1%€530,325within the sector's middle half▼ 11.2%
Debt€14,971▼ 7.2%€16,660▲ 11.3%€26,137▲ 56.9%€98,524▲ 277%€7,955▼ 91.9%
Working capital€328,067above the sector's middle half▲ 12.8%€320,697above the sector's middle half▼ 2.2%€372,582above the sector's middle half▲ 16.2%€482,478above the sector's middle half▲ 29.5%€514,320above the sector's middle half▲ 6.6%
Solvency95.7%above the sector's middle half▲ 0.9pp95.5%above the sector's middle half▼ 0.2pp93.8%above the sector's middle half▼ 1.6pp83.5%above the sector's middle half▼ 10.3pp98.5%above the sector's middle half▲ 15.0pp
Current ratio22.91above the sector's middle half▲ 3.8920.25above the sector's middle half▼ 2.6615.26above the sector's middle half▼ 4.995.90above the sector's middle half▼ 9.3665.65above the sector's middle half▲ 59.75
Return on assets (ROA)11.3%within the sector's middle half▼ 0.9pp5.5%within the sector's middle half▼ 5.8pp10.9%within the sector's middle half▲ 5.4pp17.0%within the sector's middle half▲ 6.1pp4.5%within the sector's middle half▼ 12.5pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 78% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €530,325
Fixed assets
€8,049 ▼ 50.0%
Current assets
€522,275 ▼ 10.1%
Equity and liabilities €530,325
Equity
€522,369 ▲ 4.8%
Debt
€7,955 ▼ 91.9%
Debt's share of the balance-sheet total falls from 16.5% to 1.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
4.6%▼
2024 · 20.4%
Debt ≤ 1 year
€7,955▼
2024 · €98,524
Income taxes
€12,207▼
2024 · €47,725
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €826 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €687 | €7,587 | €8,115 | €8,336 | €8,036 | ▼ 3.6% |
| Other operating charges640/8 | - | €640 | €597 | €655 | €675 | ▲ 3.1% |
| Gross operating margin9900 | €56,234 | €36,531 | €72,772 | €157,599 | €41,981 | ▼ 73.4% |
| Operating profit (loss)9901 | €54,461 | €28,304 | €64,060 | €148,608 | €33,269 | ▼ 77.6% |
| Financial income75/76B | - | - | - | €915 | €3,045 | ▲ 233% |
| Recurring financial income75 | €67 | - | - | €915 | €3,045 | ▲ 233% |
| Financial charges65/66B | - | €194 | €183 | €239 | €301 | ▲ 26.2% |
| Recurring financial charges65 | €136 | €194 | €183 | €239 | €301 | ▲ 26.2% |
| Profit (loss) for the period before taxes9903 | €54,392 | €28,110 | €63,877 | €149,284 | €36,013 | ▼ 75.9% |
| Income taxes67/77 | €15,194 | €7,833 | €17,775 | €47,725 | €12,207 | ▼ 74.4% |
| Profit (loss) for the period9904 | €39,198 | €20,277 | €46,102 | €101,560 | €23,806 | ▼ 76.6% |
| Profit (loss) for the period to be appropriated9905 | €39,198 | €20,277 | €46,102 | €101,560 | €23,806 | ▼ 76.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €345,595 | €367,561 | €423,140 | €597,087 | €530,325 | ▼ 11.2% |
| Fixed assets21/28 | €2,557 | €30,205 | €24,421 | €16,086 | €8,049 | ▼ 50.0% |
| Intangible fixed assets21 | €1,071 | €833 | €595 | €357 | €119 | ▼ 66.7% |
| Tangible fixed assets22/27 | €1,486 | €29,372 | €23,826 | €15,729 | €7,930 | ▼ 49.6% |
| Plant, machinery and equipment23 | - | €1,140 | €2,556 | €1,420 | €583 | ▼ 58.9% |
| Furniture and vehicles24 | - | €28,232 | €21,271 | €14,309 | €7,347 | ▼ 48.7% |
| Current assets29/58 | €343,038 | €337,356 | €398,719 | €581,001 | €522,275 | ▼ 10.1% |
| Amounts receivable within one year40/41 | €29,502 | €51,119 | €71,513 | €202,293 | €5,438 | ▼ 97.3% |
| Trade receivables40 | - | €42,952 | €71,513 | €189,706 | €3,645 | ▼ 98.1% |
| Other amounts receivable41 | - | €8,167 | - | €12,587 | €1,793 | ▼ 85.8% |
| Cash at bank and in hand54/58 | €312,602 | €283,638 | €324,106 | €376,553 | €514,437 | ▲ 36.6% |
| Deferred charges and accrued income490/1 | - | €2,599 | €3,100 | €2,155 | €2,401 | ▲ 11.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €345,595 | €367,561 | €423,140 | €597,087 | €530,325 | ▼ 11.2% |
| Equity10/15 | €330,624 | €350,902 | €397,004 | €498,563 | €522,369 | ▲ 4.8% |
| Contributions10/11 | - | €95,300 | €95,300 | €95,300 | €95,300 | = |
| Reserves13 | €235,324 | €255,602 | €301,704 | €403,263 | €427,069 | ▲ 5.9% |
| Non-distributable reserves130/1 | - | €10,140 | €10,140 | €10,140 | €10,140 | = |
| Reserves not available under the articles1311 | - | €10,140 | €10,140 | €10,140 | €10,140 | = |
| Distributable reserves133 | - | €245,462 | €291,564 | €393,123 | €416,929 | ▲ 6.1% |
| Amounts payable17/49 | €14,971 | €16,660 | €26,137 | €98,524 | €7,955 | ▼ 91.9% |
| Amounts payable within one year42/48 | €14,971 | €16,660 | €26,137 | €98,524 | €7,955 | ▼ 91.9% |
| Trade debts44 | - | €1,478 | €696 | €90,194 | €895 | ▼ 99.0% |
| Suppliers440/4 | - | €1,478 | €696 | €90,194 | €895 | ▼ 99.0% |
| Advances received on contracts in progress46 | - | - | €455 | - | - | - |
| Taxes, remuneration and social security45 | - | €11,690 | €21,534 | - | €603 | - |
| Taxes450/3 | - | €5,290 | €15,549 | - | €603 | - |
| Remuneration and social security454/9 | - | €6,400 | €5,985 | - | - | - |
| Other amounts payable47/48 | - | €3,492 | €3,451 | €8,330 | €6,457 | ▼ 22.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,198 | €20,277 | €46,102 | €101,560 | €23,806 | ▼ 76.6% |
| + Depreciation and write-downs630 | €687 | €7,587 | €8,115 | €8,336 | €8,036 | ▼ 3.6% |
| Operating cash flow (approximation) | €39,885 | €27,864 | €54,217 | €109,895 | €31,842 | ▼ 71.0% |
| Investment in fixed assets (approximation) | - | -€35,234 | -€2,331 | €0 | €0 | - |
| Change in cash | - | -€28,964 | €40,468 | €52,447 | €137,883 | ▲ 163% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity times 11current ratio 65.65
Current ratio from 5.90 to 65.65; short-term debt falls from €98,524 to €7,955.
31-03
Financial
Equity above €500,000Eq €522,369 ▲4.8%
7 profitable years in a row build equity to €522,369.
2024
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €101,560 ▲120%
Operating result €148,608, net result €101,560, both a record.
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
31-03
Financial
Weakest financial yearnet €20,277 ▼48.3%
Net result drops to €20,277, the lowest in the series; recovery starts the following year.
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2020
01-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
15-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 15 days late
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
07-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Wommelgem · 1 establishment unit since 2006
Ground area
564 m²
Building footprint
139 m²
Volume, LiDAR
555 m³
Parcel 11052C0437/00P004, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Desato
since 20062.161.669.249
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0437/00P004 | Flanders | 564 m² | 1 · 139 m² | 8.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
HELIO
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SKVB
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Balen · Eq €522,142
CVIMCO
BE 0758.581.174
Gent · Eq €522,611
BITAX
BE 0427.646.076
Boechout · Eq €522,035
DEELSTRA BEHEER
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Wuustwezel · Eq €523,007
Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 13,600 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-12-2006
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0885918024
Also
9925:BE0885918024
Registered
03-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.