Turnover
≈ €120,000 estimated
The micro format states no turnover.
Desmet-Gelaude
Lifetime
3 annual accounts with figures on one time axisGross marginpeak €40,702 (2025)
€40,702▲ 86.8%
Resultpeak €12,133 (2025)
€12,133▲ 162%
Equitypeak €25,523 (2025)
€25,523▲ 90.6%
Debts
€115,355▲ 29.0%
Board2 names since 2022
2 directorsDesmet Frederik and 1 other
Documentsfilings and deeds
25-03-202636 days before the deadline
2025micro format
Gross margin from €21,787 to €40,702Result from €4,625 to €12,133Equity from €13,389 to €25,523Debts from €89,396 to €115,355Investments €38,128Cash from €2,429 to €15,890
Key points
from the 2025 annual accountsDebts
€115,355 82% of the balance sheet
Financial debts 76%Suppliers 12%Taxes and wages 1%Other 12%
Of this, €28,065 falls due within a year.
Investments
€38,128 4.1 × depreciation
Green is investment, beige is depreciation.
Checked score
67
Healthy
Financially stronger than 65% of micro companies in personal services (NACE 96)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 7,627 companies (NACE 96, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.8%
01-2025: 1.9%▲ +0.1 percentage points vs 12-2024
02-2025: 1.9%● unchanged vs 01-2025
03-2025: 1.9%● unchanged vs 02-2025
04-2025: 1.9%● unchanged vs 03-2025
05-2025: 2.1%▲ +0.2 percentage points vs 04-2025highest value
06-2025: 2.1%● unchanged vs 05-2025
07-2025: 1.9%▼ -0.2 percentage points vs 06-2025
08-2025: 1.9%● unchanged vs 07-2025
09-2025: 1.9%● unchanged vs 08-2025
10-2025: 1.9%● unchanged vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 2.0%▲ +0.1 percentage points vs 12-2025
02-2026: 2.0%● unchanged vs 01-2026
03-2026: 2.0%● unchanged vs 02-2026
04-2026: 1.6%▼ -0.4 percentage points vs 03-2026
05-2026: 1.6%● unchanged vs 04-2026
06-2026: 1.3%▼ -0.3 percentage points vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.3%● unchanged vs 07-2026
09-2026: 1.3%● unchanged vs 08-2026
10-2026: 1.2%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: 1.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2022
Size: total assets €140,877
Equity €25,523 (18.1% of total assets)
lowers risk
Figures for financial year 2025 (filed on 25-03-2026)
Calculation
The band follows from the bankruptcy probability. 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 96, micro). It does better than 43% of them on solvency, 62% on liquidity, 66% on profitability and 89% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as Desmet-Gelaude has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Desmet-Gelaude itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for Desmet-Gelaude. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.86 (0.51 in 2024), below 1. Short-term debt is 19.9% and cash 11.3% of total assets. 81.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-03-2026, 36 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
36 days early
2024
16 days early
2023
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 18 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 14 April (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end05-11-2026 today30-04-2027 deadline
Board and ownership
DF
Desmet Frederik
Director
GA
Gelaude Annelies
Director
- DESMET,Frederik Albert André founderdeed of 10-10-2022
- GELAUDE,Annelies Margriet founderdeed of 10-10-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0792141986
Incorporation
Founding capital of €1,000, 100 shares · Founders: DESMET, Frederik Albert André; GELAUDE, Annelies Margriet · Founder: DESMET, Frederik Albert André · published on 10-10-2022 · Gazette deed
First establishment
Groendreef 3, Deinze
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Desmet-Gelaude Deinze | €140,877 | €40,702 | 18.1% | - |
| DRESSAGE HORSE SOURCE Saint-Vith | €85,788 | €23,868 | 79.0% | - |
| URBAN DOGS CLUB Ixelles | €124,150 | €84,339 | 9.0% | - |
| Pot'O Pattes Attert | €255,719 | €18,125 | -9.6% | - |
| SW Horses Hasselt | €87,825 | €38,004 | 10.9% | - |
| SARAIKA Zulte | €93,622 | €86,616 | 44.7% | - |
| Sea Valley Trading Bocholt | €163,231 | €43,844 | 57.8% | - |
These companies have the same main activity as Desmet-Gelaude: pet training (NACE 96994). They are comparable in size and age: total assets between €85,800 and €256,000, founded between 2019 and 2024.
Official details
Source: KBO- Status
- Active since 06-10-2022Normal situation
- Activity
- Pet trainingNACE 96994
- Establishment unit
- 2.337.008.6279800 Deinze, since 06-10-2022
- Financial year end
- 30 September
- Peppol
- Reachable since 06-10-2025
Annual accounts to 30-09-2025
- Total assets
- €140,877▲ 37.1%
- Filing
- Filed on 25-03-2026, 36 days before the end of the filing period
Insights on Desmet-Gelaude
Desmet-Gelaude files the micro format. That format states no turnover. The gross margin rose from €15,927 in 2023 to €40,702 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Desmet-Gelaude
- What is the company number of Desmet-Gelaude?
- The company number of Desmet-Gelaude is 0792.141.986. The VAT number is the same number with BE in front: BE 0792.141.986.
- Where is Desmet-Gelaude based?
- The registered office is at Groendreef 3, 9800 Deinze.Company details
- What does Desmet-Gelaude do?
- According to the KBO register, the main activity is pet training (NACE 96994).
- What is the legal form of Desmet-Gelaude?
- Desmet-Gelaude is a private limited company (BV).
- When was Desmet-Gelaude founded?
- Desmet-Gelaude was founded on 06-10-2022.
- Is Desmet-Gelaude still active?
- Yes, Desmet-Gelaude is an active enterprise in the KBO register.
- What is the turnover of Desmet-Gelaude?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €40,702 and 51 comparable companies (NACE 96). It probably lies between €89,000 and €170,000.Financials
- Is Desmet-Gelaude profitable?
- In financial year 2025, Desmet-Gelaude made a profit of €12,133.
- Where can I find the annual accounts of Desmet-Gelaude?
- Desmet-Gelaude filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Desmet-Gelaude due?
- Desmet-Gelaude must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.