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DESMET BELGIUM

Active
Public limited companyfounded 1946active for 80 yearsDe Kleetlaan 7 B, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 0403.642.140
Summary

DESMET BELGIUM has been active since 1946 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €53.5m and a net result of €16.5m. Equity is shrinking by about 2.8% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
Oldest company in Machelen, Professional and technical services sector2 sites
Size
€126.8mturnover 2024
Staff
129 FTE
Equity
€53.5m
Profit
€16.5m
Financial health
88 Excellent Checked score 2024
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Alfa Laval AB
Holdings
10
Auditor: Ernst et Young Reviseurs d'Entreprises2025 accounts 60 days early7 of 56 deeds summarised
Why 88raises riskFigures for financial year 2024 (filed 18-06-2025)lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Size: turnover €126.8m, 129 FTE, total assets €183.5mFounded in 1946Show the evidence

Checked score

Score 2024
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 39% of its sector peers (NACE 71, medium-sized)
Financial strength · tick = 2023
Average
Solvency 54-4
equity 29.2% of total assets
Liquidity 29+8
short-term debt 66.9% · cash 11.4%
Profitability 73-1
return on assets 9.0%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (165 companies, NACE 71, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.1 percentage points 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 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €4,700,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.7, compared with 0.66 in 2023, below 1; short-term debt: 66.9% and cash: 11.4% of total assets), and 70.8% 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 71, medium-sized): better than 40% on solvency, 26% on liquidity, 73% on profitability and 18% 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 · Figures for financial year 2024 (filed 18-06-2025)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Size: turnover €126.8m, 129 FTE, total assets €183.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1946
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 days early
2024
44 days early
2023
29 days early
2022
32 days early
2021
38 days early
2020
53 days early
2019
53 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 44 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% 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 23 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
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. Resignation: Frederic Heymans (gedelegeerde tot het…Appointments: Wim De Greyt, Sylvain…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Oldest company in Machelen, Professional and technical services sectorin the Checked rankings No. 1 View
  • Board changedlatest change 01-07-2026 · 2 in office 3 joined · 1 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Alfa Laval ABthe company in turn controls 8 companies parent View
  • Active since 1946founded 25-07-1946 80 years View
  • Positive: 7 profitable years in a rowprofit 2024: €16.5m 7 years View

By topic

Financials

Financial year
2024
Turnover
€126.8m
Profit
€16.5m
Solvency
29.2%
Turnover▼ 22.6%
Net result
20182024
Go to Financials

Board & ownership

Board
2 members
Parent
Alfa Laval AB
Auditor
Ernst et Young Reviseurs…
  • Olivier Hanne BVDirector
  • Sammy HulpiauDirector
Go to Board & ownership

Network & group

Subsidiaries
8
Direct holdings
10
Mergers and asset contributions
1

10 holdings

Go to Network & group

Timeline

Events
62
Since
1978
Next accounts
by 31-07-2027
  1. 07-04-2025Resignations: Timothy Kemper (director) and Nainesh Patel…
  2. 21-10-2024Registered office
  3. 05-08-2024Resignations: Giuseppe di Carpegna (gedelegeerde voor het…
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
25-07-1946
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
4
Who signs
Two directors jointly
Purpose
“Alle activiteiten van welke aard ook op het gebied van 'onderzoek en…” (deed in Dutch)
Go to Articles of association

Key facts about DESMET BELGIUM

What is the company number of DESMET BELGIUM?
0403.642.140. In Belgium the VAT number is the company number with BE in front: BE 0403.642.140.
Where is DESMET BELGIUM based?
The registered office is at De Kleetlaan 7 B, 1831 Machelen (Brab.).Company details
What does DESMET BELGIUM do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of DESMET BELGIUM?
Public limited company (NV).
When was DESMET BELGIUM founded?
On 25-07-1946.
Is DESMET BELGIUM still active?
Yes, DESMET BELGIUM is an active enterprise in the KBO register.
How many employees does DESMET BELGIUM have?
On average 129 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of DESMET BELGIUM?
€126.8m in financial year 2024, according to the filed annual accounts.
Is DESMET BELGIUM profitable?
In financial year 2024, DESMET BELGIUM made a profit of €16.5m.
Where can I find the annual accounts of DESMET BELGIUM?
DESMET BELGIUM filed 53 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DESMET BELGIUM due?
By 31-07-2027, for financial year 2026.Timeline

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