DESMET MANAGEMENT
ActiveDESMET MANAGEMENT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.78M and a net result of €458k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 95% of 8091 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability28▼-53
Solvency100=
Growth66=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €430k at 30 days acceptable
Liquidity ample (current ratio 13.71 against 5.1 in 2023; short-term debt: 2% and cash: 13.4% of total assets), and 2.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
97.8%
Return on assets
7.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
32 d early
2023
37 d early
2022
35 d early
2021
34 d early
2020
25 d early
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€668k▼ 19.1%
2021 · €825k
2018: €591k
2019: €550k
2020: €767k
2021: €825k
2018 → 2022
EBIT margin
56.4%▲ 37.2pp
2021 · 19.2%
2018: -4.2%
2019: 5.5%
2020: 20.3%
2021: 19.2%
2018 → 2022
Net result
€458k▼ 17.7%
2023 · €556k
2018: €63k
2019: €110k
2020: €202k
2021: €204k
2022: €699k
2023: €556k
2018 → 2024
Working capital
€1.54M▲ 35.8%
2023 · €1.13M
2018: €-93k
2019: €-210k
2020: €-116k
2021: €-22k
2022: €764k
2023: €1.13M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€767k-€825k▲ 7.5%€668k▼ 19.1%
Equity€4.31M-€4.41M▲ 2.4%€4.96M▲ 12.4%€5.32M▲ 7.2%€5.78M▲ 8.6%
Operating result€155k-€159k▲ 2.2%€377k▲ 137%€-15k€-25k▼ 66.3%
Net result€202k-€204k▲ 0.7%€699k▲ 243%€556k▼ 20.4%€458k▼ 17.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2024 against €15k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.90M
Fixed assets
€4.25M▲ 0.6%
Current assets
€1.66M▲ 17.8%
Equity and liabilities €5.90M
Equity
€5.78M▲ 8.6%
Debt
€128k▼ 58.7%
The debt ratio falls from 5.5% to 2.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-5k▼
2023 · €7k
Cash flow
€478k▼
2023 · €578k
Solvency
97.8%▲
2023 · 94.5%
Current ratio
13.71▲
2023 · 5.10
Quick ratio
13.71▲
2023 · 5.10
Debt / equity
0.02▼
2023 · 0.06
ROE
7.9%▼
2023 · 10.5%
ROA
7.8%▼
2023 · 9.9%
Interest coverage
-9.18▼
2023 · 6.28
Debt
€128k▼
2023 · €311k
Debt ≤ 1 year
€121k▼
2023 · €276k
Debt > 1 year
€7k▼
2023 · €34k
Income taxes
€49k▲
2023 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5.63M€5.90M▲
Fixed assets21/28€4.22M€4.25M▲
Tangible fixed assets22/27€534k€514k▼
Land and buildings22€467k€467k=
Furniture and vehicles24€64k€44k▼
Other tangible fixed assets26€3k€3k=
Financial fixed assets28€3.69M€3.73M▲
Current assets29/58€1.41M€1.66M▲
Amounts receivable within one year40/41€537k€24k▼
Trade receivables40-€10k
Other amounts receivable41€537k€14k▼
Current investments50/53€844k€835k▼
Cash at bank and in hand54/58€21k€794k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€5.63M€5.90M▲
Equity10/15€5.32M€5.78M▲
Contributions10/11€325k€325k=
Reserves13€4.36M€4.81M▲
Distributable reserves133€4.36M€4.81M▲
Profit (loss) carried forward14€636k€636k=
Amounts payable17/49€311k€128k▼
Amounts payable after more than one year17€34k€7k▼
Financial debts170/4€34k€7k▼
Amounts payable within one year42/48€276k€121k▼
Current portion of amounts payable after more than one year42€26k€27k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€36k€81k▲
Taxes450/3€36k€81k▲
Other amounts payable47/48€211k€10k▼
Accrued charges and deferred income492/3€815€172▼
Income statement
Code20232024
Non-recurring operating income76A€10k-
Remuneration, social security and pensions62€-16-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€20k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€10k€-2k▼
Operating profit (loss)9901€-15k€-25k▼
Financial income75/76B€608k€533k▼
Recurring financial income75€608k€533k▼
Financial charges65/66B€1k€599▼
Recurring financial charges65€1k€599▼
Profit (loss) for the period before taxes9903€592k€507k▼
Income taxes67/77€36k€49k▲
Profit (loss) for the period9904€556k€458k▼
Profit (loss) for the period to be appropriated9905€556k€458k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.19M€1.09M▼
Profit (loss) brought forward from the previous period14P€636k€636k=
Transfer to equity691/2€356k€458k▲
To other reserves6921€356k€458k▲
Profit to be distributed694/7€200k-
Return on contributions (dividend)694€200k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity triplescurrent ratio 13.71
Current ratio from 5.10 to 13.71; short-term debt falls from €276k to €121k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €5MEq €5.32M ▲7.2%
6 profitable years in a row build equity to €5.32M.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €699k ▲243%
Operating result €377k, net result €699k, both a record.
31-12
Financial
Liquidity times 5current ratio 4.42
Current ratio from 0.91 to 4.42; short-term debt falls from €253k to €223k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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
Registered office, Ninove · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Neuringen(Den) 439400 NinoveGround area
1,168 m²
Building footprint
187 m²
Volume, LiDAR
2 m³
Parcel 41012C0306/00G000, Flanders · tallest building 1.1 m. Linked by address, not a title deed.
1 establishment unit
DESMET MANAGEMENT
since 19902.047.128.382
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41012C0306/00G000 | Flanders | 1,167 m² | 1 · 187 m² | 1.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 111 EUR awarded · 111 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 111 EUR | 111 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500IW73UCQR3JGL52
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 10,178 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-01-1990
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.