DESMET CONSTRUCT
InactiveDESMET CONSTRUCT was declared bankrupt on 03-09-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 03-06-2025, published in the Belgian State Gazette on 17-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-07-2024, 5 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
5 d early
2022
358 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-11k
2022 · €956
2022: €956
2023: €-11k▼ -1217% vs 2022
2022 → 2023
Total assets
€588▼ 95.9%
2022 · €15k
2022: €15k
2023: €588▼ -95.9% vs 2022
2022 → 2023
Net result
€-12k▼ 110%
2022 · €-6k
2022: €-6k
2023: €-12k▼ -110% vs 2022
2022 → 2023
Working capital
€-11k
2022 · €13k
2022: €13k
2023: €-11k▼ -185% vs 2022
2022 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Equity€956-€-11k
2022: €956
2023: €-11k▼ -1217% vs 2022
Operating result€-5k-€-11k▼ 112%
2022: €-5k
2023: €-11k▼ -112% vs 2022
Net result€-6k-€-12k▼ 110%
2022: €-6k
2023: €-12k▼ -110% vs 2022
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2023 against €5k in 2022; the loss grows.
Key figures and ratios
Debt
€11k▼
2022 · €14k
Debt ≤ 1 year
€11k▲
2022 · €2k
Ratios withheld: a balance sheet total of €588 is too small for a meaningful ratio.
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 · 2023 against 2022 · 33 lines
Balance sheet
Code20222023
Assets
Total assets20/58€15k€588▼
Current assets29/58€15k€588▼
Stocks and contracts in progress3€11k-
Contracts in progress37€11k-
Amounts receivable within one year40/41€3k€588▼
Trade receivables40€1k-
Other amounts receivable41€2k€588▼
Deferred charges and accrued income490/1€52-
Equity and liabilities
Total equity and liabilities10/49€15k€588▼
Equity10/15€956€-11k▼
Contributions10/11€12k€12k=
Profit (loss) carried forward14€-11k€-23k▼
Amounts payable17/49€14k€11k▼
Amounts payable within one year42/48€2k€11k▲
Financial debts43-€6
Other loans439-€6
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Other amounts payable47/48-€6k
Accrued charges and deferred income492/3€12k-
Income statement
Code20222023
Non-recurring operating income76A-€158
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€258-
Other operating charges640/8-€1k
Non-recurring operating charges66A-€133
Gross operating margin9900€-5k€-10k▼
Operating profit (loss)9901€-5k€-11k▼
Financial charges65/66B€127€158▲
Recurring financial charges65€127€158▲
Profit (loss) for the period before taxes9903€-6k€-12k▼
Profit (loss) for the period9904€-6k€-12k▼
Profit (loss) for the period to be appropriated9905€-6k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-23k▼
Profit (loss) brought forward from the previous period14P€-5k€-11k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Non-recurring operating income76A | - | €158 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €258 | - | - |
| Other operating charges640/8 | - | €1k | - |
| Non-recurring operating charges66A | - | €133 | - |
| Gross operating margin9900 | €-5k | €-10k | ▼ 91.5% |
| Operating profit (loss)9901 | €-5k | €-11k | ▼ 112% |
| Financial charges65/66B | €127 | €158 | ▲ 24.6% |
| Recurring financial charges65 | €127 | €158 | ▲ 24.6% |
| Profit (loss) for the period before taxes9903 | €-6k | €-12k | ▼ 110% |
| Profit (loss) for the period9904 | €-6k | €-12k | ▼ 110% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €-12k | ▼ 110% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €15k | €588 | ▼ 95.9% |
| Current assets29/58 | €15k | €588 | ▼ 95.9% |
| Stocks and contracts in progress3 | €11k | - | - |
| Contracts in progress37 | €11k | - | - |
| Amounts receivable within one year40/41 | €3k | €588 | ▼ 80.4% |
| Trade receivables40 | €1k | - | - |
| Other amounts receivable41 | €2k | €588 | ▼ 63.4% |
| Deferred charges and accrued income490/1 | €52 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €15k | €588 | ▼ 95.9% |
| Equity10/15 | €956 | €-11k | ▼ 1,217% |
| Contributions10/11 | €12k | €12k | = |
| Profit (loss) carried forward14 | €-11k | €-23k | ▼ 105% |
| Amounts payable17/49 | €14k | €11k | ▼ 16.9% |
| Amounts payable within one year42/48 | €2k | €11k | ▲ 475% |
| Financial debts43 | - | €6 | - |
| Other loans439 | - | €6 | - |
| Trade debts44 | €2k | €6k | ▲ 186% |
| Suppliers440/4 | €2k | €6k | ▲ 186% |
| Other amounts payable47/48 | - | €6k | - |
| Accrued charges and deferred income492/3 | €12k | - | - |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €-12k | ▼ 110% |
| + Depreciation and write-downs630 | €258 | - | - |
| Operating cash flow (approximation) | €-5k | €-12k | ▼ 120% |
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
2025
17-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 03-06-2025
2024
09-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 03-09-2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
23-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 358 days late
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Stijn VANSCHOUBROEK KEIZER KARELLAAN 586
BUS 9, 1082 SINT-AGATHA-BERCHEM |
03-09-2024 → 03-06-2025 |