DESMET TECHNOLOGY
ActiveDESMET TECHNOLOGY is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €17k and a net result of €29k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 7962 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
14 d late
2021
2 d late
2020
27 d late
2019
17 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k
2024 · €-12k
2019: €17k
2020: €17k
2021: €2k
2022: €2k
2023: €-1k
2024: €-12k
2019 → 2025
Net result
€29k
2024 · €-10k
2019: €116
2020: €263
2021: €-14k
2022: €-201
2023: €-4k
2024: €-10k
2019 → 2025
Total assets
€57k▲ 90.8%
2024 · €30k
2019: €37k
2020: €34k
2021: €13k
2022: €24k
2023: €41k
2024: €30k
2019 → 2025
Solvency
30.0%▲ 70.2pp
2024 · -40.3%
2019: 44.3%
2020: 49.0%
2021: 18.4%
2022: 9.3%
2023: -3.6%
2024: -40.3%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€2k▼ 8.2%€-1k€-12k▼ 710%€17k
Operating result€-14k-€80€-3k€-10k▼ 196%€31k
Net result€-14k-€-201▲ 98.6%€-4k▼ 1,749%€-10k▼ 182%€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €31k after a loss of €10k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57k
Fixed assets
€6k▼ 14.5%
Current assets
€50k▲ 126%
Equity and liabilities €57k
Equity
€17k
Debt
€40k
Debt finances 70.0% of the balance-sheet total.
Key figures and ratios
Solvency
30.0%▲
2024 · -40.3%
ROE
170.4%▲
2024 · 87.7%
ROA
51.1%▲
2024 · -35.3%
Debt
€40k▼
2024 · €42k
Debt ≤ 1 year
€40k▼
2024 · €41k
Debt > 1 year
€0▼
2024 · €870
Income taxes
€2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€30k€57k▲
Fixed assets21/28€7k€6k▼
Tangible fixed assets22/27€7k€6k▼
Other tangible fixed assets26€7k€6k▼
Current assets29/58€22k€50k▲
Stocks and contracts in progress3€13k€18k▲
Stocks30/36€13k€18k▲
Amounts receivable within one year40/41€7k€32k▲
Trade receivables40€7k€32k▲
Cash at bank and in hand54/58€3k€65▼
Equity and liabilities
Total equity and liabilities10/49€30k€57k▲
Equity10/15€-12k€17k▲
Contributions10/11€6k€6k=
Reserves13€689€11k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€689€11k▲
Profit (loss) carried forward14€-19k€0▲
Amounts payable17/49€42k€40k▼
Amounts payable after more than one year17€870€0▼
Financial debts170/4€870€0▼
Amounts payable within one year42/48€41k€40k▼
Current portion of amounts payable after more than one year42€1k€0▼
Trade debts44€14k€8k▼
Suppliers440/4€14k€8k▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48€24k€29k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€499€126▼
Gross operating margin9900€-8k€32k▲
Operating profit (loss)9901€-10k€31k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€354€313▼
Recurring financial charges65€354€313▼
Profit (loss) for the period before taxes9903€-10k€31k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-10k€29k▲
Profit (loss) for the period to be appropriated9905€-10k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€10k▲
Profit (loss) brought forward from the previous period14P€-8k€-19k▼
Transfer to equity691/2-€10k
To other reserves6921-€10k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €29k
Net result €29k after 4 loss-making years.
31-03
Financial
Liquidity doublescurrent ratio 1.27
Current ratio from 0.55 to 1.27; short-term debt falls from €41k to €40k.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
31-03
Financial
Weakest financial yearnet €-14k ▼5562%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
12-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2017
13-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2016
07-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
Desmet Mathieu
CurrentManager · since 15-02-2023
Volcke Charlotte
CurrentManager · since 15-02-2023
15-02-2023
Desmet Mathieu: Appointed as Manager
15-02-2023
Volcke Charlotte: Appointed as Manager
Location & real-estate footprint
Registered office, Zwevegem · 1 establishment unit since 2012
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.
Avelgemstraat(Z) 100E8550 ZwevegemGround area
985 m²
Building footprint
318 m²
Volume, LiDAR
1,097 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Desmet Technology
since 20122.214.140.212
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34028A0009/00Y003 | Flanders | 553 m² | 1 · 174 m² | - |
| 34042D0363/00C002 | Flanders | 432 m² | 1 · 144 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 6,810 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-2012
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.