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Desco

Active
Public limited companyfounded 1947active for 78 yearsBijkhoevelaan 2, 2110 Wijnegem, BelgiumKBO/BCE: BE 0404.105.166
Summary

Desco has been active since 1947 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €462.6m and a net result of €41.2m. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 95% of 6,081 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Wholesale of construction materials, general range
NACE 46831Wholesale trade NACE 46836
#1 company by total assets in Wijnegem31 sites
Size
€370.7mturnover 2025
Staff
528.4 FTE
Equity
€462.6m
Profit
€41.2m
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
StaPal · 100%
Board
5 members
Accounts 43 days early1 of 20 deeds read
Why 98lowers riskFounded in 1947Liquidity: current ratio 15.25, cash €59.5mEquity €462.6m (93.1% of total assets)Size: turnover €370.7m, 528.4 FTE, total assets €497.0mShow the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 84% of its sector peers (NACE 46, large)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 93.1% of total assets
Liquidity 65-16
short-term debt 6.4% · cash 12.0%
Profitability 75-4
return on assets 8.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (132 companies, NACE 46, large)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 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: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €37,050,000 on 30-day terms is acceptable
Liquidity ample (current ratio 15.25, compared with 13.12 in 2024; short-term debt: 6.4% and cash: 12% of total assets), and 6.9% of the assets are financed with debt.
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 46, large): better than 95% on solvency, 95% on liquidity, 86% on profitability and 59% on growth.

The bankruptcy probability was computed on 10-10-2026 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 riskneutral
lowers risk · Founded in 1947
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 15.25, cash €59.5m
NBB · annual accounts
lowers risk · Equity €462.6m (93.1% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €370.7m, 528.4 FTE, total assets €497.0m
The company's size counts in the probability; how much depends on the rest of its profile.
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
37 days early
2023
36 days early
2022
39 days early
2021
34 days early
2020
37 days early
2019
41 days 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 26 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 24 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Dedecker Frank, Dedecker Eva and…Permanent representative: Sébastien Lincé SPRL
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Company by total assets in Wijnegemin the Checked rankings #1 View
  • New directorslatest change 29-05-2026 · 5 in office 5 joined View
  • Positive: 8 profitable years in a rowprofit 2025: €41.2m 8 years View
  • Controlled by StaPal 100% View
  • Active since 1947founded 30-12-1947 78 years View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

By topic

Financials

Financial year
2025
Turnover
€370.7m
Profit
€41.2m
Solvency
93.1%
Turnover▲ 2.3%
Net result
20182025
Go to Financials

Board & ownership

Board
5 members
Parent
StaPal · 100%
  • Dedecker EvaDirector
  • Dedecker FrankManaging director
  • Dedecker KarenDirector
  • Dedecker KrisDirector
  • Nijasu SRLDirector
Go to Board & ownership

Timeline

Events
52
Since
1978
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2018 to 2025
  2. 25-06-2024Annual accounts filed
  3. 22-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
31
Legal form
Public limited company
Activity
Wholesale of construction materials, general rangeNACE 46831
Founded
30-12-1947
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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