DESMET WIM
ActiveThe computed 12-month bankruptcy probability of DESMET WIM is 2.0% (moderate). The 2025 annual accounts show equity of €26k and a net result of €55k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 3644 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+2
Solvency28▲+6
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.3 against 0.21 in 2024; short-term debt: 97.2% and cash: 4.9% of total assets), and 97.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 3644 sector peers (2025).
NBB · sector comparisonPosition among 3644 sector peers
Solvency
better than 24%
← weakest
strongest →
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
6 d early
2023
on the day
2022
3 d late
2021
10 d late
2020
30 d late
2019
on the day
← 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 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€26k
2024 · €-29k
2019: €-4k
2020: €-39k
2021: €-8k
2022: €-8k
2023: €-68k
2024: €-29k
2019 → 2025
Total assets
€999k▲ 2.4%
2024 · €975k
2019: €1.16M
2020: €1.12M
2021: €1.10M
2022: €1.07M
2023: €970k
2024: €975k
2019 → 2025
Net result
€55k▲ 43.8%
2024 · €38k
2019: €-42k
2020: €-35k
2021: €31k
2022: €468
2023: €-60k
2024: €38k
2019 → 2025
Working capital
€-679k▲ 13.8%
2024 · €-787k
2019: €-852k
2020: €-857k
2021: €-796k
2022: €-791k
2023: €-834k
2024: €-787k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-8k-€-8k▲ 5.6%€-68k▼ 761%€-29k▲ 56.6%€26k
Operating result€32k-€2k▼ 92.4%€-58k€40k€57k▲ 42.0%
Net result€31k-€468▼ 98.5%€-60k€38k€55k▲ 43.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 42% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €999k
Fixed assets
€706k▼ 7.0%
Current assets
€292k▲ 35.7%
Equity and liabilities €999k
Equity
€26k
Debt
€973k
Debt finances 97.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€110k▲
2024 · €94k
Cash flow
€109k▲
2024 · €92k
Solvency
2.6%▲
2024 · -3.0%
Current ratio
0.30▲
2024 · 0.21
Quick ratio
0.30▲
2024 · 0.21
Debt / equity
37.71▲
2024 · -34.25
ROE
213.7%
ROA
5.5%▲
2024 · 3.9%
Interest coverage
82.63▲
2024 · 65.55
Debt
€973k▼
2024 · €1.00M
Debt ≤ 1 year
€971k▼
2024 · €1.00M
Income taxes
€175▲
2024 · €133
Staff costs
€79k▲
2024 · €73k
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€975k€999k▲
Fixed assets21/28€760k€706k▼
Tangible fixed assets22/27€760k€706k▼
Land and buildings22€721k€678k▼
Plant, machinery and equipment23€35k€25k▼
Furniture and vehicles24€4k€3k▼
Current assets29/58€216k€292k▲
Stocks and contracts in progress3€6k€5k▼
Stocks30/36€6k€5k▼
Amounts receivable within one year40/41€180k€234k▲
Trade receivables40€180k€233k▲
Other amounts receivable41€122€895▲
Cash at bank and in hand54/58€25k€49k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€975k€999k▲
Equity10/15€-29k€26k▲
Contributions10/11€29k€29k=
Reserves13€42k€42k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€42k€42k=
Profit (loss) carried forward14€-100k€-45k▲
Amounts payable17/49€1.00M€973k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€1.00M€971k▼
Current portion of amounts payable after more than one year42€30k€0▼
Trade debts44€21k€22k▲
Suppliers440/4€21k€22k▲
Taxes, remuneration and social security45€11k€11k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€6k€8k▲
Other amounts payable47/48€941k€939k▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€73k€79k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€54k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€170k€193k▲
Operating profit (loss)9901€40k€57k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€38k€55k▲
Income taxes67/77€133€175▲
Profit (loss) for the period9904€38k€55k▲
Profit (loss) for the period to be appropriated9905€38k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-100k€-45k▲
Profit (loss) brought forward from the previous period14P€-139k€-100k▲
Social balance
Average headcount (FTE)90871.31.8▲
The notes to these accounts (9 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 · abbreviated schema
31-03
Financial
Highest result since 2019net €55k ▲43.8%
Operating result €57k, net result €55k, both a record.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-60k ▼12882%
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
31-03
Financial
Back to profitnet €31k
Net result €31k after 2 loss-making years.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Pittem · 2 establishment units since 2011
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.
Posterijlaan 578740 PittemGround area
3,799 m²
Building footprint
1,199 m²
Volume, LiDAR
6,610 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
DESMET WIM
since 20112.198.621.202
Bon-Annette
since 20182.274.930.607
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31523F0808/00A000 | Flanders | 3,374 m² | 1 · 312 m² | 9.1 m · 2 fl. |
| 37011A1532/00G000 | Flanders | 426 m² | 1 · 887 m² | 7.7 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTorhout2.274.930.607
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,778. 8,304 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2011
Fiscal year end31-03
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.