Desauw
ActiveSummary
Desauw has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €201k and a net result of €40k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 53% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81=
Solvency75▲+12
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.06 against 1.66 in 2024; short-term debt: 12% and cash: 23.7% of total assets), but 50.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.9%
Return on assets
10.1%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
on the day
2023
on the day
2022
1 d early
2021
3 d early
2020
20 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€201k▲ 25.2%
2024 · €160k
2019: €162k
2020: €116k
2021: €94k
2022: €102k
2023: €146k
2024: €160k
2019 → 2025
Total assets
€402k▼ 4.2%
2024 · €419k
2019: €200k
2020: €171k
2021: €160k
2022: €162k
2023: €217k
2024: €419k
2019 → 2025
Net result
€40k▼ 2.4%
2024 · €41k
2019: €27k
2020: €-18k
2021: €16k
2022: €35k
2023: €46k
2024: €41k
2019 → 2025
Working capital
€99k▲ 80.4%
2024 · €55k
2019: €162k
2020: €114k
2021: €75k
2022: €84k
2023: €92k
2024: €55k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€94k-€102k▲ 7.5%€146k▲ 43.5%€160k▲ 10.0%€201k▲ 25.2%
Operating result€16k-€48k▲ 193%€64k▲ 33.5%€52k▼ 17.9%€62k▲ 18.9%
Net result€16k-€35k▲ 123%€46k▲ 31.6%€41k▼ 10.3%€40k▼ 2.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 19% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €402k
Fixed assets
€254k ▼ 9.5%
Current assets
€148k ▲ 6.3%
Equity and liabilities €402k
Equity
€201k ▲ 25.2%
Debt
€201k ▼ 22.4%
Debt's share of the balance-sheet total falls from 61.8% to 50.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€91k▲
2024 · €76k
Cash flow
€69k▲
2024 · €65k
Current ratio
3.06▲
2024 · 1.66
Quick ratio
2.45▲
2024 · 1.39
Debt to equity
1.00▼
2024 · 1.62
ROE
20.1%▼
2024 · 25.8%
ROA
10.1%▲
2024 · 9.9%
Interest coverage
10.75▼
2024 · 11.82
Debt ≤ 1 year
€48k▼
2024 · €84k
Debt > 1 year
€153k▼
2024 · €175k
Income taxes
€16k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€419k€402k▼
Fixed assets21/28€281k€254k▼
Tangible fixed assets22/27€281k€254k▼
Land and buildings22€228k€218k▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€50k€33k▼
Current assets29/58€139k€148k▲
Stocks and contracts in progress3€23k€29k▲
Stocks30/36€23k€29k▲
Amounts receivable within one year40/41€23k€23k▲
Trade receivables40€15k€21k▲
Other amounts receivable41€8k€2k▼
Cash at bank and in hand54/58€94k€95k▲
Equity and liabilities
Total equity and liabilities10/49€419k€402k▼
Equity10/15€160k€201k▲
Contributions10/11€6k€6k=
Reserves13€154k€194k▲
Distributable reserves133€154k€194k▲
Amounts payable17/49€259k€201k▼
Amounts payable after more than one year17€175k€153k▼
Financial debts170/4€175k€153k▼
Amounts payable within one year42/48€84k€48k▼
Current portion of amounts payable after more than one year42€26k€23k▼
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Taxes, remuneration and social security45€1k€1k▼
Taxes450/3€1k€1k▼
Other amounts payable47/48€46k€17k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€28k▲
Other operating charges640/8€295€312▲
Gross operating margin9900€76k€91k▲
Operating profit (loss)9901€52k€62k▲
Financial income75/76B€8k€3k▼
Recurring financial income75€8k€3k▼
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€54k€57k▲
Income taxes67/77€12k€16k▲
Profit (loss) for the period9904€41k€40k▼
Profit (loss) for the period to be appropriated9905€41k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€40k▼
Transfer from equity791/2€27k-
Transfer to equity691/2€41k€40k▼
To other reserves6921€41k€40k▼
Profit to be distributed694/7€27k-
Return on contributions (dividend)694€27k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Equity above €200kEq €201k ▲25.2%
5 profitable years in a row build equity to €201k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €150kEq €160k ▲10%
4 profitable years in a row build equity to €160k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €46k ▲31.6%
Operating result €64k, net result €46k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €100kEq €102k ▲7.5%
2 profitable years in a row build equity to €102k.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €-18k ▼165%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
Show earlier events
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Menen · 1 establishment unit since 2010
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.
Menenstraat 798930 MenenGround area
2,049 m²
Building footprint
307 m²
Volume, LiDAR
1,233 m³
Parcel 34024C0214/00D002, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Laurent Desauw
since 20102.194.309.254
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024C0214/00D002 | Flanders | 2,049 m² | 1 · 307 m² | 6.9 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 99 EUR awarded · 99 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 99 EUR | 99 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
BOSSUYT SERVICE
BE 0872.073.550
Antwerpen · Eq €200,527
MTD BELGIË
BE 0681.461.424
Brussel · Eq €200,448
G & S technics
BE 0557.991.114
Beerse · Eq €200,279
JERY-REMY
BE 0425.958.078
Flémalle · Eq €199,853
ROBAIN
BE 0437.053.393
Charleroi · Eq €199,724
Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 2,888 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2010
Fiscal year end30-06
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@sanitair-desauw.be