Equity
€1.9m ▼ 5.1%
DESOT paid out €425,000 in dividends. That is 107% of the 2025 profit.
DESOT
Lifetime
20 annual accounts with figures on one time axis, 48 filings since 1978peak €4.1m (2019)
€3.2m▲ 17.2%
peak €954,633 (2019)
€396,279▲ 80.0%
peak €3.5m (2009)
€1.9m▼ 5.1%
€2.4m▼ 3.1%
peak 34.9 FTE (2018)
31.5 FTE▲ 1.3%
Board7 names since 2018
3 directorsDesot John BV and 2 others
Owners2 names in the annual accounts
100%Desot John
Documentsfilings and deeds
30-06-202631 days before the deadline
2025financial year
Gross margin from €2.7m to €3.2mResult from €220,194 to €396,279New director 17-11Appointments: DESOT Walter Achiel Cornelis (director) and STE… 17-07Dividend €425,000Investments €904,907
Key points
from the 2025 annual accountsResult
€396,279 ▲ 80.0%
The result rose in 2025: different schema filed.
Turnover
≈ €5.5m estimated
The accounts state no turnover.
Investments
€904,907 2.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 88.7% higher than in 2024.
Staff
33 employees on 31-12-2025
In 2025, 17 people joined and 15 left.
Filings
48 annual accounts since 1978
Three of the last ten came late. The 2016 accounts came latest: 30 days after the end of the period.
Checked score
93
Excellent
Financially stronger than 46% of small companies in civil engineering (NACE 42)
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: 0.2% across 301 companies (NACE 42, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 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: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026highest value
08-2026: 0.1%● unchanged vs 07-2026highest value
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Civil engineering (NACE 42)
lowers risk
Founded in 1977
Profit of €396,279 (financial year 2025)
Size: 31.5 FTE, total assets €4.4m
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 42, small). It does better than 59% of them on solvency, 43% on liquidity, 67% on profitability and 16% 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 DESOT 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
That fits the bankruptcy probability of DESOT 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.
| 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 DESOT. 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 €180,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.02 (1.3 in 2024), below the usual 1.5. Short-term debt is 49.1% and cash 10.8% of total assets. 55.8% of the assets are financed with debt and provisions.
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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 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 days early
2024
27 days early
2023
114 days early
2022
17 days early
2021
26 days early
2020
17 days late
2019
8 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 29 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% 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 4 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Desot John 100%score 94equity €3.2m (2025) · 30-06-2025 annual accounts of Desot John
- BL Project 50%score 96equity €3.8m (2025) · 30-09-2024 annual accounts of BL Project
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0417783651
New director
Sofie Steen appointed, Walter Desot resigned · General meeting of 20-10-2025 · Gazette deed
Appointments: DESOT Walter Achiel Cornelis (director) and STEEN Sofie Elza Ivonna (successor director)
Gazette deed
Resignation: BL Project BV (managing director)
Permanent representative: Jan Barbez · General meeting of 20-11-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DESOT Ypres | €4.4m | €3.2m | 44.2% | 31.5 |
| QUINTELIER Dendermonde | €6.9m | €2.8m | 37.3% | 27.8 |
| HYDREX Antwerp | €4.5m | €1.9m | 32.9% | 24.9 |
| Willems Vorselaar | €13.1m | €2.9m | 48.3% | 29.6 |
| BACKX Brecht | €6.4m | €4.2m | 36.6% | 20.8 |
| ALGEMENE ONDERNEMING R. DE ROECK Beveren-Kruibeke-Zwijndrecht | €7.9m | €2.0m | 46.7% | 10.9 |
| Vandezande Diksmuide | €17.8m | €7.0m | 29.3% | 65 |
These companies have the same main activity as DESOT: civil engineering (NACE 42919). They are comparable in size and age: total assets between €4.5m and €18m, founded between 1957 and 1996.
Official details
Source: KBO- Status
- Active since 19-11-1977Normal situation
- Activity
- Civil engineeringNACE 42919and 3 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2023
- Establishment unit
- 2.014.296.6548904 Ypres, since 19-11-1977
- Financial year end
- 31 December
- Peppol
- Reachable since 27-11-2025
Annual accounts 2025
- €4.4m▼ 4.3%
- Employeeson 31-12-2025
- 33▲ 6.5%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on DESOT
DESOT has existed since 1977. The gross margin grew from €2.0m in 2006 to €3.2m in 2025 and staff from 19.6 to 31.5 full-time equivalents.
Desot John holds all the shares. In October 2023, the Official Gazette published the appointment of Desot John BV as managing director.
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 DESOT
- What is the company number of DESOT?
- The company number of DESOT is 0417.783.651. The VAT number is the same number with BE in front: BE 0417.783.651.
- Where is DESOT based?
- The registered office is at Langemarkseweg 12, 8904 Ypres.Company details
- What does DESOT do?
- According to the KBO register, the main activity is civil engineering (NACE 42919).
- What is the legal form of DESOT?
- DESOT is a public limited company (NV).
- When was DESOT founded?
- DESOT was founded on 19-11-1977.
- Is DESOT still active?
- Yes, DESOT is an active enterprise in the KBO register.
- How many employees does DESOT have?
- DESOT had an average of 31.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DESOT fall under?
- In its 2023 annual accounts, DESOT states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of DESOT?
- The turnover in financial year 2025 is ≈ €5.5m. This figure is estimated from the gross margin of €3.2m and 1,585 comparable companies of the same size. It probably lies between €3.7m and €9.1m. It is a rough estimate.
- Is DESOT profitable?
- In financial year 2025, DESOT made a profit of €396,279.
- Where can I find the annual accounts of DESOT?
- DESOT filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DESOT due?
- DESOT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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