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DESMET PASCAL

Active Private limited companyfounded 2005active for 21 yearsEsdoornstraat 43, 8560 WevelgemKBO/BCE: BE 0871.270.529
DESMET PASCAL
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Overview

Lifetime

20 annual accounts with figures on one time axis, 21 filings since 2005
peak €286,271 (2014)
€123,792▼ 38.4%
peak €147,313 (2014)
€97,840▼ 28.3%
peak €814,136 (2017)
€776,659▲ 4.6%
€53,529▼ 40.7%
peak 1.3 FTE (2014)
-not published
Board2 names since 2005
2 directorsDeleu Caroll and 1 other
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
Gross margin from €200,842 to €123,792Result from €136,440 to €97,840Dividend €63,523Debts from €90,218 to €53,529Cash from €9,479 to €17,992

Key points

from the 2025 annual accounts

Equity

€776,659 ▲ 4.6%
742,3422024+97,840Profit-63,523Dividend776,6592025

DESMET PASCAL paid out €63,523 in dividends. That is 65% of the 2025 profit.

Turnover

≈ €390,000 estimated

The micro format states no turnover.

Position in the sector

93.6%

Higher solvency than 95% of companies in specialised construction. Sector median 46.7% · 35,119 companies.

Checked score

94
Excellent
Financially stronger than 63% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

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

Last 24 months 12-2024: 0.1% 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: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.2 percentage points 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 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 93.6% of total assets
53+2short-term debt 6.3% · cash 2.2%
83-6return on assets 11.8%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 15.21, cash €17,992
lowers risk
Founded in 2005
Equity €776,659 (93.6% of total assets)
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 43, micro). It does better than 90% of them on solvency, 48% on liquidity, 66% on profitability and 46% on growth.

The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 20,137 companies had the same profile as DESMET PASCAL has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of DESMET PASCAL itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 20,137 companies, not a prediction for DESMET PASCAL. 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 €70,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 15.21 (11.41 in 2024), above the usual 1.5. Short-term debt is 6.3% and cash 2.2% of total assets. 6.4% 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
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 15.21, cash €17,992
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €776,659 (93.6% of total assets)
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
17 days early
2023
36 days early
2022
41 days early
2021
24 days early
2020
23 days late
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 26 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DC
Deleu Caroll
Director, since 18-01-2005
DP
Desmet Pascal
Director, since 18-01-2005
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0871270529
Amendment of the articles · Legal-form change “De installatie in gebouwen en andere bouwwerken van: waterleidingen,artikelen en apparaten voor sanitair…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Incorporation published on 26-01-2005 · Gazette deed
First establishment Esdoornstraat 43, Wevelgem
All 32 events

Comparable companies

same main activity, similar in size and age
Company
DESMET PASCAL Wevelgem €830,188 €123,792 93.6% -
ALL CHAUF Blankenberge €824,929 €125,049 61.0% -
ANSEEUW KURT Blankenberge €750,085 €131,556 39.8% -
PASYBO Houthulst €710,739 €109,490 79.7% -
SOCIETE YVOIRIENNE DE SERVICE TECHNIQUE MARC DEWEZ Yvoir €816,174 €120,718 44.3% -
BEDICOM Beerse €901,837 €129,339 8.6% 3.1
ALGEMEEN BOUWBEDRIJF CONSTRUMAX Kontich €820,575 €135,508 47.6% 1.6

These companies have the same main activity as DESMET PASCAL: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €711,000 and €902,000, founded between 2001 and 2007.

Official details

Source: KBO
Status
Active since 18-01-2005Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 4 others
Joint committee
124Construction · annual accounts 2021
Establishment unit
2.145.480.0488560 Wevelgem, since 18-01-2005
Financial year end
31 December
Peppol
Reachable since 09-10-2025
Company details

Annual accounts 2025

€123,792▼ 38.4%
€97,840▼ 28.3%
€776,659▲ 4.6%
€830,188▼ 0.3%
Filing
Filed on 26-06-2026, 35 days before the end of the filing period
Financials

Insights on DESMET PASCAL

DESMET PASCAL files the micro format. That format states no turnover. The gross margin rose from €106,436 in 2006 to €123,792 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 26-06-2026, 35 days before the deadline
€123,792
▼ 38.4%
€111,730
▼ 41.3%
€121,605
▼ 38.7%
€107,715
▼ 25.4%
93.6%
▲ 4.4 percentage points
15.21
▲ 3.80

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €390,000. Estimated: probably between €310,000 and €470,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €830,188 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

93.6%

Higher than 95% of 35,119 companies in 2025.

15.21

Higher than 95% of 34,493 companies in 2025.

11.8%

Higher than 62% of 34,694 companies in 2025.

DESMET PASCAL Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 830,188832,560715,107621,797611,991681,880601,206555,726879,8701.1m774,072769,275709,908582,140591,598455,705317,755235,937146,46994,910
20 -------0---------150300450
21/28 31,07640,95111,6591,6311,5961,4511,7439,98619,30530,01246,72031,20744,77252,68049,03756,82569,66279,52128,93118,014
21 -------0------------
22/27 31,07640,95111,6591,6311,5961,4511,7439,98619,30530,01246,72031,20742,77952,46948,82656,61469,45279,16028,42017,353
22 -000005571,1132,5248,16214,65721,15127,64634,14040,63441,56447,50144,9007,704-
23 0695881,6311,5961,4511,1872,0373,1091,2385221,5882,6531,3551,6401,4852,1061,768500750
24 31,07640,88211,07100006,83613,67320,61131,5418,46812,48016,9756,55213,56619,84432,49320,21616,603
26 -------0------------
27 -------0------------
28 -------0----1,993211211211211211211211
29/58 799,112791,609703,447620,166610,395680,429599,463545,740860,5641.1m727,352738,068665,137529,460542,561398,880248,093156,417117,53876,896
29 -------0------------
290 -------0------------
291 -------0------------
3 30,77130,19235,21627,9827,0708,3678,2908,2818,3928,39210,21910,785--------
30/36 30,77130,19235,21627,9827,0708,3678,2908,2818,3928,39210,21910,785--------
37 -------0------------
40/41 47,70737,69763,30827,99139,86355,708114,04881,32760,85673,38746,98753,169204,141197,222196,94965,39913,03030,92638,99828,105
40 36,84736,24954,51322,73633,00045,90363,16638,13335,55668,32329,54349,18329,38822,55618,29662,5498,97621,39529,62514,763
41 10,8601,4488,7945,2556,8639,80550,88243,19425,2995,06317,4443,986174,754174,666178,6542,8504,0549,5319,37313,342
50/53 701,893709,703590,092558,592557,592612,592472,592452,592601,644525,141449,052340,605--------
54/58 17,9929,47913,9075,1405,3953,1323,1843,137184,202205,731213,957327,757460,995327,497345,611333,481235,063125,33377,12346,745
490/1 7484,5389254624766301,3494035,471240,3007,1375,752-4,741---1571,4162,046
Balance sheet: equity and liabilities
10/49 830,188832,560715,107621,797611,991681,880601,206555,726879,8701.1m774,072769,275709,908582,140591,598455,705317,755235,937146,46994,910
10/15 776,659742,342605,902532,889493,318657,394562,619499,096814,136778,378700,859636,278244,818534,345422,667363,504228,801155,96385,42955,482
10/11 6,2006,2006,2006,2006,2006,2006,2006,200370,346370,346370,346370,3466,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,600382,746382,746382,746382,74618,60018,60018,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
11 -------0------------
1100/10 -------0------------
12 -------0------------
13 770,459736,142599,702526,689487,118651,194556,419492,896443,789408,032330,513265,932238,618528,145416,467357,304222,601149,76379,22949,282
130/1 ---01,8601,860-0------------
130 ------1,8601,86022,74120,95320,8523,2261,8601,8601,8601,8601,8601,8601,8601,860
1311 ---01,8601,860--------------
1312 -------0------------
1319 -------0------------
132 10,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,000
133 760,459726,142589,702516,689475,258639,334544,559481,036411,048377,078299,661252,706226,758516,285404,607345,444210,741137,90367,36937,422
14 00000--0------------
15 -------0------------
19 -------0------------
16 -------0------------
160/5 -------0------------
160 -------0------------
161 -------0------------
162 -------0------------
163 -------0------------
164/5 -------0------------
168 -------0------------
17/49 53,52990,218109,20488,908118,67324,48638,58756,63065,734304,58573,213132,997465,09047,795168,93192,20188,95479,97561,04039,428
17 ------06,46112,78318,96626,2304,0596,8049,453-4,29510,74420,31314,31713,219
170/4 ------06,46112,78318,96626,2304,0596,8049,453-4,29510,74420,31314,31713,219
175 -------0------------
176 -------0------------
178/9 -------0------------
42/48 52,52969,373108,20470,908118,67324,48638,58750,16952,690285,61946,983127,292458,28638,34267,21587,90665,44659,66236,48026,209
42 -----06,4616,3216,1847,2648,7612,7452,6492,5574,3256,4509,56818,65415,0635,875
43 -------0-------1,6521,068---
430/8 -------0-------1,6521,068---
439 -------0------------
44 15,44731,93929,43219,48026,20410,59421,27434,95038,495268,48520,39416,68343,08326,68438,36346,02736,23030,10319,29317,787
440/4 15,44731,93929,43219,48026,20410,59421,27434,95038,495268,48520,39416,68343,08326,68438,36346,02736,23030,10319,29317,787
441 -------0------------
46 -------0------------
45 20,48320,36223,2428,63012,1877,4652,4981,8302,1151,4838,85575,9327,9489,10124,52733,77818,58010,9052,1242,547
450/3 20,48320,36220,4625,8509,4077,4652,4981,6271,9131,2808,85575,4207,9487,00124,52733,77818,0558,8051,2802,547
454/9 -02,7802,7802,780-0203203203-512-2,100--5252,100844-
47/48 16,59917,07355,53042,79880,2836,4288,3537,0685,8968,3878,97331,932404,607-------
492/3 1,00020,8441,00018,000---0261--1,646--101,716-12,763-10,242-
Income statement
70 ------------651,803624,527588,227631,127544,160522,360423,636278,899
76A 06,729-----0-----3,581---3,306--
9900 123,792200,842170,797107,160138,148138,614102,018142,47393,301153,513164,408286,271231,855220,696141,719269,805235,801222,806154,141106,436
60/61 ------------419,948403,831446,508361,322308,360299,554269,495172,463
62 -0-35-478,4933,7733,90043,50822,45020,07133,50649,60155,70553,49951,98053,593113,138110,032103,65466,045
630 9,8758,0041,7051,0171,1081,2468,2439,31913,83018,19318,66811,98212,53316,70315,33514,28819,60818,7759,4706,249
631/4 -------0------------
635/8 -------0------------
640/8 2,1872,4303,5241,8423,7061,7382,1112,1691,8111,9721,6331,0353,9384563,0239217701,521355438
649 -------0------------
66A -------0183200-120--------
9901 111,730190,409165,602104,347124,840131,85787,76487,47655,027113,077110,601223,653159,678150,03871,382201,003102,28492,47840,66133,704
75/76B 30,8758,7458,6653,6423,2393,0253,9038872,7656,76713,3255,4986,9887,2078,9881,1743,9115,4565,1613,850
75 30,8758,7458,6653,6423,2393,0253,9038872,7656,76713,3255,4986,9887,2078,9881,1743,9115,4565,1613,850
76B -------0------------
65/66B 3,3895,1361,5532,0131,2561,6812,56917,4092,1902,7238,6046,5094,3923,0011,4893,5033,6834,6322,2941,848
65 3,3895,1361,5532,0131,2561,6812,56917,4092,1902,7238,6046,5094,3923,0011,4893,5033,6834,6322,2941,848
66B -------0------------
9903 139,216194,018172,714105,977126,823133,20189,09870,95455,602117,121115,322222,522162,274157,82678,880198,674102,51196,60843,52835,706
67/77 41,37757,57850,59430,64836,10838,42625,57521,84819,84440,61750,74175,20947,19446,14819,71763,97129,67326,07413,5819,804
9904 97,840136,440122,12075,32990,71594,77563,52349,10635,75876,50464,581147,313115,080111,67859,163134,70372,83870,53429,94825,902
789 -------0------------
689 -------0------------
9905 97,840136,440122,12075,32990,71594,77563,52349,10635,75876,50464,581147,313115,080111,67859,163134,70372,83870,53429,94825,902
Appropriation of the result
9906 97,840136,440122,12075,32989,70294,77563,52349,10635,75876,50464,581147,313115,080111,67859,163134,70372,83870,53429,94825,902
14P ---0-1,013---------------
791/2 63,523049,10635,758253,778--0--11,168---------
691/2 97,840136,440122,12075,32989,70294,77563,52349,10635,75876,50475,74927,313115,080111,67859,163134,70372,83870,53429,94825,902
691 -------0------------
6920 -------01,788-7,5751,365--------
6921 97,840136,440122,12075,32989,70294,77563,52349,10633,97076,50468,17425,948115,080111,67859,163134,70372,83870,53429,94825,902
694/7 63,523049,10635,758253,778--0---120,000404,607-------
694 63,523049,10635,758253,778--0---120,000404,607-------
695 -------0------------
696 -------0------------
Social balance sheet
9087 ----0.6----0.30.51.31111111-
Hours worked1013 ----972----6069991,6151,7281,8321,7451,7841,6701,7201,464-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for financial year 2005 were filed as a document without figures as data, a scan for example.

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 26-06-2026 2026-00202138 PDF
31-12-2024 micro format 14-07-2025 2025-00263615 PDF
31-12-2023 micro format 25-06-2024 2024-00157121 PDF
31-12-2022 micro format 20-06-2023 2023-00142213 PDF
31-12-2021 micro format 07-07-2022 2022-20155004 PDF
31-12-2020 micro format 23-08-2021 2021-51000473 PDF
31-12-2019 micro format 25-06-2020 2020-20200208 PDF
31-12-2018 micro format 31-08-2019 2019-61600392 PDF
31-12-2017 micro format 26-09-2018 2018-64400408 PDF
31-12-2016 micro format 07-09-2017 2017-60000481 PDF
31-12-2015 abbreviated format 21-06-2016 2016-19300404 PDF
31-12-2014 abbreviated format 31-08-2015 2015-50300477 PDF
31-12-2013 abbreviated format 31-10-2014 2014-66300061 PDF
31-12-2012 abbreviated format 28-08-2013 2013-51100163 PDF
31-12-2011 abbreviated format 20-06-2012 2012-20700064 PDF
31-12-2010 abbreviated format 04-07-2011 2011-25900052 PDF
31-12-2009 abbreviated format 01-07-2010 2010-25700158 PDF
31-12-2008 abbreviated format 03-07-2009 2009-36200321 PDF
31-12-2007 abbreviated format 23-06-2008 2008-27700002 PDF
31-12-2006 abbreviated format 26-06-2007 2007-30700232 PDF
31-12-2005 abbreviated format 22-06-2006 2006-29801344 PDF

Subsidies and aid

Flemish government 2022 to 2024, 2 entries, €132 awarded, €211 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€132
Year Entries AwardedPaid
2024 1 €0€79
2022 1 €132€132

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
121,605198,413167,307105,364125,948133,10396,00796,79568,857131,270129,269235,635172,212166,74186,717215,291121,892111,25350,13239,953
107,715144,444123,82576,34691,82396,02171,76658,42649,58894,69783,249159,295127,614128,38174,498148,99092,44689,30939,41832,151
037,29611,7341,0521,253954003,1241,48534,1814104,62520,7657,5471,4509,75069,36520,388789
8,513-4,4288,767-2542,262-5247-181,065-21,530-8,226-113,800-133,238133,498-18,11412,13098,418109,72948,21030,379-
746,583722,236595,243549,258491,722655,943560,876495,571807,874767,332680,369610,776206,850491,118475,346310,974182,64696,75581,05750,687
------------24.5%24.0%12.1%31.8%18.8%17.7%9.6%12.1%
93.6%89.2%84.7%85.7%80.6%96.4%93.6%89.8%92.5%71.9%90.5%82.7%34.5%91.8%71.4%79.8%72.0%66.1%58.3%58.5%
15.2111.416.508.755.1427.7915.5410.8816.333.6915.485.801.4513.818.074.543.792.623.222.93
14.6310.986.188.355.0827.4515.3210.7116.173.6615.265.711.4513.818.074.543.792.623.222.93
0.070.120.180.170.240.040.070.110.080.390.100.211.900.090.400.250.390.510.710.71
12.6%18.4%20.2%14.1%18.4%14.4%11.3%9.8%4.4%9.8%9.2%23.2%47.0%20.9%14.0%37.1%31.8%45.2%35.1%46.7%
11.8%16.4%17.1%12.1%14.8%13.9%10.6%8.8%4.1%7.1%8.3%19.1%16.2%19.2%10.0%29.6%22.9%29.9%20.4%27.3%
35.8838.63over 10052.35over 100---------------
------------16 days13 days11 days36 days6 days15 days26 days19 days
------------37 days24 days31 days46 days43 days37 days26 days38 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-2021
Employees at the balance-sheet date1
full-time0
part-time1
in full-time equivalents0.6
0.6
Joined0
Left1

Source: social balance sheet in the 2021 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€37,296€11,734€1,052€1,253
Financial fixed assets€0----
€9,875€8,004€1,705€1,017€1,108

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on DESMET PASCAL

The operating result for 2025 is 41% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total falls from 10.8% to 6.4%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors
Deleu Caroll
Director
since 18-01-2005
listed in the 2025 annual accounts, filed on 26-06-2026
Desmet Pascal
Director
since 18-01-2005
listed in the 2025 annual accounts, filed on 26-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“ARTIKEL 13. VERTEGENWOORDIGINGSBEVOEGDHEID Iedere bestuurder, afzonderlijk optredend, is bevoegd om de vennootschap te vertegenwoordigen in…”
deed of 27-04-2022

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Deleu Caroll
Director
Desmet Pascal
Director
Board
Mandates as a list
  • Deleu Caroll
    • Director, from 18-01-2005 to date
  • Desmet Pascal
    • Director, from 18-01-2005 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€6,200
Shares
186
Contribution per share
€33.33
Equity per share
€4,176 in 2025
Source
2025 annual accounts

Articles of association

deed of 27-04-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Gewone meerderheid, bezoldiging toekennen aan bepaalde bestuurders”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 16:00

Network & group

No group

DESMET PASCAL has no parent and no holdings in its annual accounts. DESMET PASCAL shares no director with another company.

The LEI register names no parent.

Timeline

Timeline

32 events since 2005

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 35 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0871270529
Annual accounts 2024 filed PDFmicro format · 17 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 36 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 41 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 24 days before the deadline
Amendment of the articles · Legal-form change“De installatie in gebouwen en andere bouwwerken van: waterleidingen,artikelen en apparaten voor sanitair…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company3 points ▸
  • Registered office clause, Esdoornstraat 43, 8560 Wevelgem
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • 186 shares
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2020 filed PDFmicro format · 23 days late
2020
Annual accounts 2019 filed PDFmicro format · 36 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 31 days late
2018
Annual accounts 2017 filed PDFmicro format · 57 days late
2017
Liquidity more than quadruples current ratio 16.33 The current ratio rises from 3.69 to 16.33. Short-term debt falls from €285,619 to €52,690.
Annual accounts 2016 filed PDFmicro format · 38 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 40 days before the deadline
2015
Liquidity more than doubled current ratio 15.48 The current ratio rises from 5.80 to 15.48. Short-term debt falls from €127,292 to €46,983.
Annual accounts 2014 filed PDFabbreviated format · 31 days late
2014
Highest result from 2006 to 2025 net €147,313 ▲28% The operating result of €223,653 and the net result of €147,313 are both a record.
Liquidity more than triples current ratio 5.80 The current ratio rises from 1.45 to 5.80. Short-term debt falls from €458,286 to €127,292.
Annual accounts 2013 filed PDFabbreviated format · 92 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 28 days late
2012
Equity above €500,000 equity €534,345 ▲26.4% With a profit in every financial year since 2006, equity grows to €534,345.
Annual accounts 2011 filed PDFabbreviated format · 41 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 27 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 30 days before the deadline
2009
Equity above €200,000 equity €228,801 ▲46.7% With a profit in every financial year since 2006, equity grows to €228,801.
Annual accounts 2008 filed PDFabbreviated format · 28 days before the deadline
2008
Equity above €150,000 equity €155,963 ▲82.6% With a profit in every financial year since 2006, equity grows to €155,963.
Annual accounts 2007 filed PDFabbreviated format · 38 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 35 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Incorporation PDFpublished on 26-01-2005
First establishment Esdoornstraat 43, Wevelgem

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

DESMET PASCAL was incorporated on 18 January 2005.1 Total assets rose from €555,726 in 2018 to €830,188 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0871.270.529
VAT number
BE 0871.270.529
Peppol ID
0208:0871270529
Other Peppol ID
9925:BE0871270529
LEI code
875500AFLYXR8TWNKK58 live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
18-01-2005
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 16:00
deed of 27-04-2022 (in Dutch)
Peppol
Reachable since 09-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DESMET PASCAL in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 27-04-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 27-04-2022 (in Dutch)

Activities

NACEBEL 2025
43222 Installation of electric heating, air conditioning, cooling and ventilation main activity
43221 Plumbing work
43320 Joinery installation
43331 Floor and wall tiling
95290 Repair and maintenance of other personal and household goods
Joint committees annual accounts 2021
JC 124 Construction
Codes under NACEBEL 2008
43222 Specialised construction activities main activity
43221 Plumbing
43320 Joinery installation
43331 Floor and wall tiling
95290 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Codes under NACEBEL 2003
45331 main activity
45332
45422
45431
52740
PurposeThe purpose describes the activities the company may carry out under its articles.
“De installatie in gebouwen en andere bouwwerken van: waterleidingen,artikelen en apparaten voor sanitair…”
16 activities
  1. De installatie in gebouwen en andere bouwwerken van: waterleidingen,artikelen en apparaten voor sanitair gebruik,sprinklerinstallaties,gasaansluitingen,leidingen voor diverse gassen;
  2. Het aankopen,verkopen,importeren,exporteren,het inrichten en herstellen van allerlei sanitaire voorwerpen en installaties evenals het uitvoeren en herstellen van alle lood- en zinkwerken.
  3. Totaalrenovaties van sanitaire ruimtes zoals badkamers,toiletten,poolhouses,etc.
  4. Onderneming voor het uitvoeren in gebouwen en andere bouwwerken van installatie van gasleidingen voor verwarmingssystemen,brandblusinstallaties,enz.
  5. Onderneming voor het installeren van waterverzachters;
  6. Onderneming voor het installeren in gebouwen en andere bouwwerken van verwarmingssystemen op elektriciteit,gas,stookolie – verwarmingsketels,apparatuur en leidingen voor ventilatie,koeling en klimaatregeling.
  7. Onderneming voor het installeren van centrale verwarming met warm water,stoom en gas.
  8. De import en export,groot- en kleinhandel en de handelsbemiddeling van en in elektrische en niet-elektrische panelen voor het opvangen van zonne-energie,zonneboilers,windmolens,door windkracht aangedreven motoren en turbines en alle andere materialen en onderdelen voor energieopwekking.
  9. De import en export,groot- en kleinhandel en de handelsbemiddeling van en in : zon-,wind- en andere energiesystemen.
  10. De aankoop,verkoop,installatie,uitbating,onderhoud van elektriciteitsproductiemiddelen ten behoeve van betreffende productie.
  11. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer van haar roerend patrimonium.
  12. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer van het eigen onroerend patrimonium,en het valoriseren van dit patrimonium door het stellen van alle daden van beheer en bestuur,waaronder de aankoop,verkoop,verhuring,zelf in huur nemen,vruchtgebruik,recht van opstal,erfpacht,ruilen van alle onroerende goederen,de oprichting van gebouwen en onroerende goederen,de renovatie,de verbouwing,de herinrichting van alle gebouwen in de ruimste zin.
  13. De vennootschap mag onder meer alle burgerlijke,industriële,commerciële,financiële,roerende of onroerende verrichtingen uitvoeren die kunnen bijdragen tot de verwezenlijking van het maatschappelijk voorwerp en daartoe noodzakelijk,nuttig of op enige wijze bevorderend kunnen zijn.
  14. De vennootschap mag op welke wijze ook betrokken zijn en deelnemen in andere ondernemingen,vennootschappen,samenwerkingsverbanden,beroepsverenigingen of groeperingen,zowel in binnen- als buitenland,mits een en ander minstens onrechtstreeks verband houdt met het maatschappelijk voorwerp.
  15. De vennootschap kan optreden als bestuurder,directielid,zaakvoerder,beheerder of vereffenaar van andere vennootschappen;zij mag zich borg stellen voor derden,zowel aandeelhouders als zaakvoerders of andere derden (natuurlijke personen of rechtspersonen),en aan dezelfde personen leningen,voorschotten en kredieten toestaan,het alles mits dit niet in strijd is met wettelijke beperkingen die hierop zouden gesteld worden.
  16. De algemene vergadering kan,overeenkomstig het Wetboek van Vennootschappen en Verenigingen,het maatschappelijk voorwerp wijzigen of uitbreiden.
deed of 27-04-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Esdoornstraat 43 registered office 8560 Wevelgem 18-01-2005 2.145.480.048

Buildings and parcels at the address

Ground area
441 m²
Buildings
112 m²
Volume, LiDAR
641 m³
Tallest building
9.0 m
Buildings to scale, each on its own parcel
112 m², 9.0 m 112 m², 9.0 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
34302B0539/00W003441 m² 1 · 112 m² 9.0 m · 2

Recognitions

Dual-learning approval

4 ended
Monteur centrale verwarming (so)
discontinued · 2020 to 2025
Monteur sanitaire en verwarmingsinstallaties duaal (so)
ended · 2020 to 2025
Sanitaire en verwarmingsinstallaties duaal (so)
ended · 2020 to 2025
Vakman installatietechnieken (vwo)
ended · 2020 to 2025

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0871.270.529

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