DESCARIMMO
ActiveSummary
DESCARIMMO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €14.6m and a net result of €664,700. Equity is growing by ~4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability60▼-16
Solvency89▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,050,000 at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.1 in 2023; short-term debt: 22.8% and cash: 3.1% of total assets), and 35.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
64.1%
Return on assets
2.9%
Age of the figures
21 mo
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
6 d early
2023
1 d early
2022
13 d early
2021
11 d late
2020
1 d early
2019
31 d late
← 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 2 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema, 2025 accounts filed, figures not processed yet
In the rankings
#6 company by equity in Tournai, Real estate sector#8 company by total assets in Tournai, Real estate sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€664,700▼ 45.7%
2023 · €1.2m
Working capital
€428,119▼ 14.2%
2023 · €498,856
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€735,639▲ 44.3%€717,495▼ 2.5%€922,145▲ 28.5%€1.6m▲ 78.2%€1.4m▼ 16.0%
Net result€395,762above the sector's middle half▼ 23.2%€400,572above the sector's middle half▲ 1.2%€357,647above the sector's middle half▼ 10.7%€1.2mabove the sector's middle half▲ 242%€664,700above the sector's middle half▼ 45.7%
Equity€12.5mabove the sector's middle half▲ 3.3%€12.9mabove the sector's middle half▲ 3.2%€13.3mabove the sector's middle half▲ 3.8%€14.2mabove the sector's middle half▲ 6.2%€14.6mabove the sector's middle half▲ 3.3%
Total assets€19.6mabove the sector's middle half▲ 0.5%€19.8mabove the sector's middle half▲ 0.6%€20.8mabove the sector's middle half▲ 5.3%€22.6mabove the sector's middle half▲ 8.4%€22.8mabove the sector's middle half▲ 1.2%
Debt€7.1m▼ 4.4%€6.8m▼ 3.9%€7.3m▲ 8.1%€8.1m▲ 10.9%€7.9m▼ 2.9%
Working capital€548,130within the sector's middle half▲ 44.4%€348,770within the sector's middle half▼ 36.4%-€1.3mbelow the sector's middle half€498,856within the sector's middle half€428,119within the sector's middle half▼ 14.2%
Solvency63.5%above the sector's middle half▲ 1.7pp65.1%above the sector's middle half▲ 1.6pp64.1%above the sector's middle half▼ 1.0pp62.8%above the sector's middle half▼ 1.3pp64.1%within the sector's middle half▲ 1.3pp
Current ratio1.16within the sector's middle half▲ 0.051.10within the sector's middle half▼ 0.060.71within the sector's middle half▼ 0.381.10within the sector's middle half▲ 0.391.08within the sector's middle half▼ 0.02
Return on assets (ROA)2.0%within the sector's middle half▼ 0.6pp2.0%within the sector's middle half=1.7%within the sector's middle half▼ 0.3pp5.4%above the sector's middle half▲ 3.7pp2.9%within the sector's middle half▼ 2.5pp
Staff (FTE)0.5below the sector's middle half=0.7below the sector's middle half0.7within the sector's middle half=0.8within the sector's middle half▲ 14.3%
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 16% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22.8m
Fixed assets
€17.2m ▲ 1.2%
Current assets
€5.6m ▲ 1.1%
Equity and liabilities €22.8m
Equity
€14.6m ▲ 3.3%
Provisions
€297,420 ▲ 11.9%
Debt
€7.9m ▼ 2.9%
Debt's share of the balance-sheet total falls from 36.0% to 34.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.5m▼
2023 · €2.7m
Cash flow
€1.8m▼
2023 · €2.3m
Debt to equity
0.54▼
2023 · 0.57
ROE
4.5%▼
2023 · 8.6%
Interest coverage
4.57▼
2023 · 7.20
Debt ≤ 1 year
€5.2m▲
2023 · €5.1m
Debt > 1 year
€2.4m▼
2023 · €2.9m
Income taxes
€330,395▲
2023 · €268,652
Staff costs
€36,010▲
2023 · €32,453
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,040 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €19,774 | €25,748 | €32,453 | €36,010 | ▲ 11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €883,552 | €914,811 | €965,183 | €1.1m | €1.1m | ▲ 4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€36,829 | -€27,804 | €14,626 | -€40,492 | ▼ 377% |
| Other operating charges640/8 | - | €275,485 | €305,483 | €317,704 | €345,739 | ▲ 8.8% |
| Non-recurring operating charges66A | - | €61,701 | €0 | - | - | - |
| Gross operating margin9900 | €2.0m | €2.0m | €2.2m | €3.1m | €2.8m | ▼ 7.9% |
| Operating profit (loss)9901 | €735,639 | €717,495 | €922,145 | €1.6m | €1.4m | ▼ 16.0% |
| Financial income75/76B | - | €68,621 | €13,935 | €354,107 | €189,747 | ▼ 46.4% |
| Recurring financial income75 | €18,120 | €68,621 | €13,935 | €354,107 | €189,747 | ▼ 46.4% |
| Financial charges65/66B | - | €233,976 | €474,741 | €375,601 | €543,968 | ▲ 44.8% |
| Recurring financial charges65 | €234,319 | €233,976 | €474,741 | €375,601 | €543,968 | ▲ 44.8% |
| Profit (loss) for the period before taxes9903 | €519,439 | €552,140 | €461,339 | €1.6m | €1.0m | ▼ 36.7% |
| Transfer from deferred taxes780 | - | €10,306 | €4,850 | €7,574 | €11,088 | ▲ 46.4% |
| Transfer to deferred taxes680 | - | €11,293 | €27,179 | €136,732 | €42,661 | ▼ 68.8% |
| Income taxes67/77 | €100,965 | €150,580 | €81,362 | €268,652 | €330,395 | ▲ 23.0% |
| Profit (loss) for the period9904 | €395,762 | €400,572 | €357,647 | €1.2m | €664,700 | ▼ 45.7% |
| Transfer from tax-exempt reserves789 | - | €3,435 | €14,549 | €22,721 | €33,265 | ▲ 46.4% |
| Transfer to tax-exempt reserves689 | - | €33,880 | €81,538 | €410,196 | €127,983 | ▼ 68.8% |
| Profit (loss) for the period to be appropriated9905 | €327,627 | €370,128 | €290,658 | €836,594 | €569,982 | ▼ 31.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19.6m | €19.8m | €20.8m | €22.6m | €22.8m | ▲ 1.2% |
| Fixed assets21/28 | €15.7m | €15.8m | €17.6m | €17.0m | €17.2m | ▲ 1.2% |
| Tangible fixed assets22/27 | €15.7m | €15.8m | €17.6m | €17.0m | €17.2m | ▲ 1.2% |
| Land and buildings22 | - | €15.8m | €17.5m | €17.0m | €17.1m | ▲ 0.9% |
| Furniture and vehicles24 | - | €46,230 | €52,274 | €33,915 | €83,780 | ▲ 147% |
| Financial fixed assets28 | €398 | €398 | €398 | €398 | €398 | = |
| Current assets29/58 | €4.0m | €3.9m | €3.2m | €5.6m | €5.6m | ▲ 1.1% |
| Amounts receivable within one year40/41 | €145,724 | €173,449 | €218,417 | €165,868 | €178,360 | ▲ 7.5% |
| Trade receivables40 | - | €78,528 | €79,949 | €67,259 | €66,917 | ▼ 0.5% |
| Other amounts receivable41 | - | €94,921 | €138,468 | €98,609 | €111,442 | ▲ 13.0% |
| Current investments50/53 | €3.0m | €3.0m | €2.7m | €3.8m | €4.8m | ▲ 26.4% |
| Cash at bank and in hand54/58 | €828,217 | €690,167 | €271,123 | €1.6m | €696,928 | ▼ 57.2% |
| Deferred charges and accrued income490/1 | - | €64,381 | €2,434 | €17,535 | €4,196 | ▼ 76.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19.6m | €19.8m | €20.8m | €22.6m | €22.8m | ▲ 1.2% |
| Equity10/15 | €12.5m | €12.9m | €13.3m | €14.2m | €14.6m | ▲ 3.3% |
| Contributions10/11 | - | €8.5m | €8.7m | €8.7m | €8.7m | = |
| Reserves13 | €2.2m | €2.5m | €4.6m | €5.0m | €5.4m | ▲ 7.9% |
| Tax-exempt reserves132 | - | €343,078 | €410,067 | €797,542 | €892,260 | ▲ 11.9% |
| Distributable reserves133 | - | €2.2m | €4.2m | €4.2m | €4.5m | ▲ 7.2% |
| Profit (loss) carried forward14 | €1.8m | €1.8m | €95,355 | €531,949 | €601,931 | ▲ 13.2% |
| Provisions and deferred taxes16 | €106,501 | €114,359 | €136,689 | €265,847 | €297,420 | ▲ 11.9% |
| Deferred taxes168 | - | €114,359 | €136,689 | €265,847 | €297,420 | ▲ 11.9% |
| Amounts payable17/49 | €7.1m | €6.8m | €7.3m | €8.1m | €7.9m | ▼ 2.9% |
| Amounts payable after more than one year17 | €3.5m | €3.1m | €2.7m | €2.9m | €2.4m | ▼ 17.1% |
| Financial debts170/4 | - | €637,916 | €507,523 | €1.0m | €824,867 | ▼ 18.8% |
| Other amounts payable178/9 | - | €2.5m | €2.2m | €1.9m | €1.6m | ▼ 16.2% |
| Amounts payable within one year42/48 | €3.4m | €3.6m | €4.5m | €5.1m | €5.2m | ▲ 2.7% |
| Current portion of amounts payable after more than one year42 | - | €433,656 | €430,394 | €487,114 | €490,636 | ▲ 0.7% |
| Trade debts44 | €130,603 | €128,057 | €235,888 | €101,910 | €227,100 | ▲ 123% |
| Suppliers440/4 | - | €128,057 | €235,888 | €101,910 | €227,100 | ▲ 123% |
| Taxes, remuneration and social security45 | - | €79,217 | €35,064 | €209,670 | €244,067 | ▲ 16.4% |
| Taxes450/3 | - | €75,770 | €28,528 | €200,938 | €232,847 | ▲ 15.9% |
| Remuneration and social security454/9 | - | €3,447 | €6,536 | €8,732 | €11,221 | ▲ 28.5% |
| Other amounts payable47/48 | - | €2.9m | €3.8m | €4.3m | €4.2m | ▼ 0.7% |
| Accrued charges and deferred income492/3 | - | €114,252 | €130,505 | €195,697 | €315,500 | ▲ 61.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €395,762 | €400,572 | €357,647 | €1.2m | €664,700 | ▼ 45.7% |
| + Depreciation and write-downs630 | €883,552 | €914,811 | €965,183 | €1.1m | €1.1m | ▲ 4.1% |
| Operating cash flow (approximation) | €1.3m | €1.3m | €1.3m | €2.3m | €1.8m | ▼ 22.5% |
| Investment in fixed assets (approximation) | - | -€1.1m | -€2.7m | -€483,591 | -€1.3m | ▼ 169% |
| Change in cash | - | -€138,050 | -€419,044 | €1.4m | -€929,658 | ▼ 169% |
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
2026
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €1.2m ▲242%
Operating result €1.6m, net result €1.2m, both a record.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
No directors read yet: 0 of 10 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 1992
1 establishment unit
DESCARIMMO
since 19922.254.077.684
Recognitions · licences · registrations
Legal Entity Identifier
6488BX8JMY12427UD513
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Of 11,749 companies in this sector we hold annual accounts for 6,910. 752 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded06-02-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Contact
E-mail
olivier.desmet@descarimmo.beTournai
Phone
0497/407.547Tournai
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446582852
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.