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DESOTEC

Active
Public limited companyfounded 199035 yrs activeRegenbeekstraat 44, 8800 Roeselare, BelgiumKBO/BCE: BE 0441.856.180
Summary

DESOTEC has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52.3m and a net result of €6.6m. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 14% of 269 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability62▼-2
Solvency41=
Growth62▼-18
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 2.71 against 1.16 in 2024; short-term debt: 12.1% and cash: 3.2% of total assets), but 84% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Manufacture of chemicals and chemical products (NACE 20)
about 43% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
16%
Return on assets
2%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 269 sector peers (2025).
NBB · sector comparison
Position among 269 sector peers
Solvency
better than 14%
← weakest strongest →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 d early
2024
17 d early
2023
44 d early
2022
47 d early
2021
69 d early
2020
65 d early
2019
45 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DESOTEC was incorporated on 7 November 1990.1 Revenue grew from EUR 62 million in 2018 to EUR 161 million in 2025 and headcount from 107 to 228 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€160.5m▲ 7.8%
2024 · €149.0m
EBIT margin
15.5%▼ 1.8pp
2024 · 17.4%
Net result
€6.6m▼ 30.1%
2024 · €9.5m
Working capital
€67.3m▲ 598%
2024 · €9.6m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€91.1m▲ 12.0%€130.5m▲ 43.3%€140.1m▲ 7.4%€149.0m▲ 6.3%€160.5m▲ 7.8%
Operating result€20.5m▲ 8.5%€35.8m▲ 74.4%€30.4m▼ 15.0%€25.8m▼ 15.1%€24.9m▼ 3.7%
Net result€13.7mabove the sector's middle half▼ 1.5%€27.0mabove the sector's middle half▲ 97.7%€14.5mabove the sector's middle half▼ 46.6%€9.5mabove the sector's middle half▼ 34.3%€6.6mabove the sector's middle half▼ 30.1%
EBIT margin22.6%▼ 0.7pp27.5%▲ 4.9pp21.7%▼ 5.7pp17.4%▼ 4.4pp15.5%▼ 1.8pp
Equity€46.1mabove the sector's middle half▲ 41.2%€66.8mabove the sector's middle half▲ 44.9%€53.7mabove the sector's middle half▼ 19.7%€45.8mabove the sector's middle half▼ 14.7%€52.3mabove the sector's middle half▲ 14.2%
Total assets€88.0mabove the sector's middle half▲ 18.8%€113.5mabove the sector's middle half▲ 28.9%€233.3mabove the sector's middle half▲ 106%€278.9mabove the sector's middle half▲ 19.5%€326.4mabove the sector's middle half▲ 17.0%
Debt€41.9m▲ 1.1%€46.7m▲ 11.4%€179.6m▲ 285%€233.1m▲ 29.8%€274.1m▲ 17.6%
Working capital€24.5m▲ 14.4%€36.1m▲ 47.6%€18.7m▼ 48.2%€9.6m▼ 48.4%€67.3m▲ 598%
Solvency52.4%within the sector's middle half▲ 8.3pp58.9%within the sector's middle half▲ 6.5pp23.0%below the sector's middle half▼ 35.9pp16.4%below the sector's middle half▼ 6.6pp16.0%below the sector's middle half▼ 0.4pp
Staff (FTE)156.6above the sector's middle half▲ 10.7%169.6above the sector's middle half▲ 8.3%187.9above the sector's middle half▲ 10.8%213above the sector's middle half▲ 13.4%228above the sector's middle half▲ 7.0%
above within below the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€10.0m€20.0m€30.0m€40.0mOperating result 2021: €20.5m€20.5mNet result 2021: €13.7m€13.7mOperating result 2022: €35.8m€35.8mNet result 2022: €27.0m€27.0mOperating result 2023: €30.4m€30.4mNet result 2023: €14.5m€14.5mOperating result 2024: €25.8m€25.8mNet result 2024: €9.5m€9.5mOperating result 2025: €24.9m€24.9mNet result 2025: €6.6m€6.6m20212022202320242025€0€10m€20m€30mOperating result 2023: €30.4m€30mNet result 2023: €14.5m€14mOperating result 2024: €25.8m€26mNet result 2024: €9.5m€9.5mOperating result 2025: €24.9m€25mNet result 2025: €6.6m€6.6m202320242025
The operating result has fallen three years in a row; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €326.4m
Fixed assets €219.6m ▲ 4.6%
Current assets €106.8m ▲ 54.8%
Equity and liabilities €326.4m
Equity €52.3m ▲ 14.2%
Provisions €14,674 ▲ 17.5%
Debt €274.1m ▲ 17.6%
Debt's share of the balance-sheet total rises from 83.6% to 84.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€42.2m▲
2024 · €40.8m
Cash flow
€23.9m▼
2024 · €24.5m
Current ratio
2.71▲
2024 · 1.16
Quick ratio
2.22▲
2024 · 0.83
Debt to equity
5.24▲
2024 · 5.09
ROE
12.7%▼
2024 · 20.7%
ROA
2.0%▼
2024 · 3.4%
Interest coverage
2.66▼
2024 · 2.73
Debt ≤ 1 year
€39.4m▼
2024 · €59.3m
Debt > 1 year
€230.8m▲
2024 · €169.8m
Income taxes
€3.4m▲
2024 · €1.1m
Staff costs
€18.8m▲
2024 · €17.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 719 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
0.8% went bankrupt
1.4% stopped otherwise
97% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 719 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 89 lines
Balance sheet Code20242025
Assets
Total assets20/58€278.9m€326.4m▲
Fixed assets21/28€209.9m€219.6m▲
Intangible fixed assets21€6.4m€11.8m▲
Tangible fixed assets22/27€89.6m€93.9m▲
Land and buildings22€12.0m€11.7m▼
Plant, machinery and equipment23€33.1m€33.7m▲
Furniture and vehicles24€1.8m€1.9m▲
Assets under construction and advance payments27€42.7m€46.6m▲
Financial fixed assets28€114.0m€114.0m=
Affiliated companies280/1€113.9m€113.9m=
Participating interests280€113.9m€113.9m=
Other financial fixed assets284/8€100,282€105,766▲
Amounts receivable and cash guarantees285/8€100,282€105,766▲
Current assets29/58€68.9m€106.8m▲
Stocks and contracts in progress3€20.0m€19.1m▼
Stocks30/36€20.0m€19.1m▼
Raw materials and consumables30/31€50,846€129,980▲
Goods purchased for resale34€20.0m€19.0m▼
Amounts receivable within one year40/41€40.9m€76.1m▲
Trade receivables40€27.0m€27.0m▼
Other amounts receivable41€13.9m€49.2m▲
Cash at bank and in hand54/58€7.0m€10.6m▲
Deferred charges and accrued income490/1€1.0m€965,043▼
Equity and liabilities
Total equity and liabilities10/49€278.9m€326.4m▲
Equity10/15€45.8m€52.3m▲
Contributions10/11€32.1m€32.1m=
Capital10€149,864€149,864=
Issued capital100€149,864€149,864=
Outside capital11€32.0m€32.0m=
Other1109/19€32.0m€32.0m=
Reserves13€1.1m€1.1m=
Non-distributable reserves130/1€14,986€14,986=
Legal reserve130€14,986€14,986=
Tax-exempt reserves132€37,500€37,500=
Distributable reserves133€1.0m€1.0m=
Profit (loss) carried forward14€10.5m€17.2m▲
Investment grants15€2.0m€1.9m▼
Provisions and deferred taxes16€12,488€14,674▲
Provisions for liabilities and charges160/5€12,488€14,674▲
Pensions and similar obligations160€12,488€14,674▲
Amounts payable17/49€233.1m€274.1m▲
Amounts payable after more than one year17€169.8m€230.8m▲
Financial debts170/4€149.0m€210.0m▲
Credit institutions173€149.0m€210.0m▲
Other amounts payable178/9€20.8m€20.8m=
Amounts payable within one year42/48€59.3m€39.4m▼
Current portion of amounts payable after more than one year42€19.9m-
Trade debts44€32.9m€31.1m▼
Suppliers440/4€32.9m€31.1m▼
Advances received on contracts in progress46€562,594€272,154▼
Taxes, remuneration and social security45€3.2m€4.5m▲
Taxes450/3€380,596€1.8m▲
Remuneration and social security454/9€2.9m€2.7m▼
Other amounts payable47/48€2.7m€3.5m▲
Accrued charges and deferred income492/3€4.0m€3.9m▼
Income statement Code20242025
Operating income70/76A€166.8m€174.9m▲
Turnover70€149.0m€160.5m▲
Own construction capitalised72€16.2m€12.9m▼
Other operating income74€1.6m€1.5m▼
Operating charges60/66A€140.9m€150.0m▲
Goods for resale, raw materials and consumables60€57.2m€57.6m▲
Purchases600/8€57.8m€56.4m▼
Change in stocks: decrease (increase)609-€647,665€1.2m▲
Services and other goods61€51.0m€55.9m▲
Remuneration, social security and pensions62€17.4m€18.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15.0m€17.3m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€73,497-€105,083▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€2,925€2,186▼
Other operating charges640/8€338,149€556,936▲
Operating profit (loss)9901€25.8m€24.9m▼
Financial income75/76B€891,984€2.6m▲
Recurring financial income75€891,984€2.6m▲
Income from current assets751-€54,768
Other financial income752/9€891,984€2.6m▲
Financial charges65/66B€16.1m€17.5m▲
Recurring financial charges65€16.1m€17.5m▲
Debt charges650€15.0m€15.9m▲
Other financial charges652/9€1.2m€1.6m▲
Profit (loss) for the period before taxes9903€10.6m€10.0m▼
Income taxes67/77€1.1m€3.4m▲
Taxes670/3€1.3m€3.4m▲
Tax adjustments and reversals of tax provisions77€215,705-
Profit (loss) for the period9904€9.5m€6.6m▼
Profit (loss) for the period to be appropriated9905€9.5m€6.6m▼
Appropriation of the result
Profit (loss) to be appropriated9906€27.8m€17.2m▼
Profit (loss) brought forward from the previous period14P€18.3m€10.5m▼
Profit to be distributed694/7€17.3m-
Return on contributions (dividend)694€17.3m-
Social balance
Average headcount (FTE)9087213.0228.0▲

The notes to these accounts (85 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€99.3m€141.4m€150.4m€166.8m€174.9m▲ 4.9%
Turnover70€91.1m€130.5m€140.1m€149.0m€160.5m▲ 7.8%
Own construction capitalised72€7.3m€9.8m€8.3m€16.2m€12.9m▼ 20.2%
Other operating income74€954,144€1.0m€2.0m€1.6m€1.5m▼ 7.5%
Operating charges60/66A€78.8m€105.5m€120.0m€140.9m€150.0m▲ 6.5%
Goods for resale, raw materials and consumables60€44.8m€55.2m€48.7m€57.2m€57.6m▲ 0.7%
Purchases600/8€44.6m€67.7m€47.4m€57.8m€56.4m▼ 2.5%
Change in stocks: decrease (increase)609€221,689-€12.6m€1.3m-€647,665€1.2m▲ 283%
Services and other goods61€11.7m€25.1m€42.8m€51.0m€55.9m▲ 9.6%
Remuneration, social security and pensions62€10.7m€12.7m€15.1m€17.4m€18.8m▲ 8.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11.2m€12.0m€13.1m€15.0m€17.3m▲ 15.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10,363€2,342-€5,521€73,497-€105,083▼ 243%
Provisions for liabilities and charges: additions (uses and reversals)635/8€3,788-€1,304€3,510€2,925€2,186▼ 25.3%
Other operating charges640/8€313,614€456,591€230,411€338,149€556,936▲ 64.7%
Operating profit (loss)9901€20.5m€35.8m€30.4m€25.8m€24.9m▼ 3.7%
Financial income75/76B€419,574€432,512€946,438€891,984€2.6m▲ 194%
Recurring financial income75€404,611€432,512€946,438€891,984€2.6m▲ 194%
Income from current assets751--€16,508-€54,768-
Other financial income752/9€404,611€432,512€929,930€891,984€2.6m▲ 187%
Non-recurring financial income76B€14,963-----
Financial charges65/66B€3.6m€1.7m€12.9m€16.1m€17.5m▲ 8.6%
Recurring financial charges65€3.6m€1.7m€12.9m€16.1m€17.5m▲ 8.6%
Debt charges650€1.2m€1.2m€8.3m€15.0m€15.9m▲ 6.2%
Other financial charges652/9€2.4m€577,095€4.6m€1.2m€1.6m▲ 39.4%
Profit (loss) for the period before taxes9903€17.3m€34.5m€18.5m€10.6m€10.0m▼ 5.7%
Income taxes67/77€3.7m€7.5m€4.0m€1.1m€3.4m▲ 203%
Taxes670/3€3.7m€7.5m€4.0m€1.3m€3.4m▲ 153%
Tax adjustments and reversals of tax provisions77-€73€0€215,705--
Profit (loss) for the period9904€13.7m€27.0m€14.5m€9.5m€6.6m▼ 30.1%
Transfer from tax-exempt reserves789-€3.4m----
Transfer to tax-exempt reserves689€1.5m€334,601----
Profit (loss) for the period to be appropriated9905€12.2m€30.1m€14.5m€9.5m€6.6m▼ 30.1%
Line20212022202320242025Change
Assets
Total assets20/58€88.0m€113.5m€233.3m€278.9m€326.4m▲ 17.0%
Fixed assets21/28€44.4m€54.3m€178.5m€209.9m€219.6m▲ 4.6%
Intangible fixed assets21€2.0m€2.5m€4.5m€6.4m€11.8m▲ 84.7%
Tangible fixed assets22/27€42.3m€46.5m€60.5m€89.6m€93.9m▲ 4.8%
Land and buildings22€12.4m€12.4m€12.3m€12.0m€11.7m▼ 2.2%
Plant, machinery and equipment23€23.0m€25.7m€25.8m€33.1m€33.7m▲ 1.9%
Furniture and vehicles24€1.3m€1.6m€1.6m€1.8m€1.9m▲ 5.7%
Other tangible fixed assets26€933€533€134---
Assets under construction and advance payments27€5.7m€6.8m€20.9m€42.7m€46.6m▲ 9.1%
Financial fixed assets28€51,443€5.4m€113.5m€114.0m€114.0m=
Affiliated companies280/1-€5.3m€113.4m€113.9m€113.9m=
Participating interests280-€5.3m€113.4m€113.9m€113.9m=
Other financial fixed assets284/8€51,443€79,320€81,038€100,282€105,766▲ 5.5%
Amounts receivable and cash guarantees285/8€51,443€79,320€81,038€100,282€105,766▲ 5.5%
Current assets29/58€43.7m€59.2m€54.8m€68.9m€106.8m▲ 54.8%
Stocks and contracts in progress3€8.1m€21.1m€19.8m€20.0m€19.1m▼ 4.6%
Stocks30/36€8.1m€21.1m€19.8m€20.0m€19.1m▼ 4.6%
Raw materials and consumables30/31€23,642€318,041€33,475€50,846€129,980▲ 156%
Goods purchased for resale34€8.1m€20.8m€19.8m€20.0m€19.0m▼ 5.0%
Amounts receivable within one year40/41€25.8m€31.9m€29.3m€40.9m€76.1m▲ 86.1%
Trade receivables40€20.5m€26.5m€26.6m€27.0m€27.0m▼ 0.3%
Other amounts receivable41€5.2m€5.5m€2.8m€13.9m€49.2m▲ 255%
Cash at bank and in hand54/58€9.1m€5.3m€4.6m€7.0m€10.6m▲ 51.1%
Deferred charges and accrued income490/1€740,898€863,034€1.0m€1.0m€965,043▼ 7.0%
Equity and liabilities
Total equity and liabilities10/49€88.0m€113.5m€233.3m€278.9m€326.4m▲ 17.0%
Equity10/15€46.1m€66.8m€53.7m€45.8m€52.3m▲ 14.2%
Contributions10/11€32.1m€32.1m€32.1m€32.1m€32.1m=
Capital10€149,864€149,864€149,864€149,864€149,864=
Issued capital100€149,864€149,864€149,864€149,864€149,864=
Outside capital11€32.0m€32.0m€32.0m€32.0m€32.0m=
Other1109/19€32.0m€32.0m€32.0m€32.0m€32.0m=
Reserves13€4.1m€1.1m€1.1m€1.1m€1.1m=
Non-distributable reserves130/1€14,986€14,986€14,986€14,986€14,986=
Legal reserve130€14,986€14,986€14,986€14,986€14,986=
Tax-exempt reserves132€3.9m€858,044€858,044€37,500€37,500=
Distributable reserves133€221,765€221,765€221,765€1.0m€1.0m=
Profit (loss) carried forward14€8.4m€32.3m€18.3m€10.5m€17.2m▲ 63.1%
Investment grants15€1.4m€1.3m€2.1m€2.0m€1.9m▼ 6.6%
Provisions and deferred taxes16€7,357€6,052€9,562€12,488€14,674▲ 17.5%
Provisions for liabilities and charges160/5€7,357€6,052€9,562€12,488€14,674▲ 17.5%
Pensions and similar obligations160€7,357€6,052€9,562€12,488€14,674▲ 17.5%
Amounts payable17/49€41.9m€46.7m€179.6m€233.1m€274.1m▲ 17.6%
Amounts payable after more than one year17€20.8m€20.8m€140.8m€169.8m€230.8m▲ 35.9%
Financial debts170/4--€120.0m€149.0m€210.0m▲ 40.9%
Credit institutions173--€120.0m€149.0m€210.0m▲ 40.9%
Other amounts payable178/9€20.8m€20.8m€20.8m€20.8m€20.8m=
Amounts payable within one year42/48€19.2m€23.1m€36.1m€59.3m€39.4m▼ 33.6%
Current portion of amounts payable after more than one year42---€19.9m--
Trade debts44€12.0m€15.9m€25.9m€32.9m€31.1m▼ 5.6%
Suppliers440/4€12.0m€15.9m€25.9m€32.9m€31.1m▼ 5.6%
Advances received on contracts in progress46€397,065€659,113€584,518€562,594€272,154▼ 51.6%
Taxes, remuneration and social security45€2.9m€6.2m€5.8m€3.2m€4.5m▲ 40.1%
Taxes450/3€1.2m€4.3m€3.5m€380,596€1.8m▲ 376%
Remuneration and social security454/9€1.7m€1.9m€2.3m€2.9m€2.7m▼ 4.5%
Other amounts payable47/48€3.9m€372,526€3.8m€2.7m€3.5m▲ 29.4%
Accrued charges and deferred income492/3€1.9m€2.8m€2.7m€4.0m€3.9m▼ 2.6%
Line20212022202320242025Change
Profit (loss) for the period9904€13.7m€27.0m€14.5m€9.5m€6.6m▼ 30.1%
+ Depreciation and write-downs630€11.2m€12.0m€13.1m€15.0m€17.3m▲ 15.5%
Operating cash flow (approximation)€24.9m€39.1m€27.6m€24.5m€23.9m▼ 2.2%
Investment in fixed assets (approximation)--€22.0m-€137.3m-€46.4m-€27.0m▲ 41.9%
Change in cash--€3.8m-€727,841€2.4m€3.6m▲ 46.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-09
State Gazette act Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Evelyne De Neve · Power of attorney3 facts ▸
  • Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
  • Permanent representative, Evelyne De Neve (permanent representative)
  • Power of attorney, Astrid Van de Maele
09-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet €6.6m ▼30.1%
Net result drops to €6.6m, the lowest in the series.
31-12
Financial Liquidity doublescurrent ratio 2.71
Current ratio from 1.16 to 2.71; short-term debt falls from €59.3m to €39.4m.
31-12
Financial Equity above €50mEq €52.3m ▲14.2%
8 profitable years in a row build equity to €52.3m.
14-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
17-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
14-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €27.0m ▲97.7%
Operating result €35.8m, net result €27.0m, both a record.
31-12
Financial Equity above €50mEq €66.8m ▲44.9%
5 profitable years in a row build equity to €66.8m.
23-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
27-05
NBB filing Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
31-12
Financial Equity above €25mEq €32.7m ▲72.1%
3 profitable years in a row build equity to €32.7m.
16-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
13-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
13-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
19-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 35 acts read
About the unread acts

Of the 35 Belgian State Gazette acts we know for this company, 1 has been read. The other 34 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

Statutory auditor 1

EY Bedrijfsrevisoren BV
Statutory auditor · since 24-09-2026 · perm. rep.: Evelyne De Neve
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Roeselare · 8 establishment units since 1990
seat establishment All 8 establishment units on the map
Ground area
7.2 ha
Building footprint
2.7 ha
Volume, LiDAR
104,834 m³
7 parcels, Flanders · tallest building 16.9 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
8 establishment units
DESOTEC NV
Regenbeekstraat 44, 8800 RoeselareNACE 4100001
since 19902.050.369.568
DESOTEC NV
Regenbeekstraat 21, 8800 RoeselareWholesale trade
since 20062.216.703.584
DESOTEC NV
Schardouwstraat 3, 8870 IzegemWholesale trade
since 20082.216.700.913
DESOTEC NV
Mandelstraat 28, 8800 RoeselareWarehousing and storage
since 20152.256.571.079
DESOTEC NV
Regenbeekstraat 46, 8800 RoeselareManufacture of chemicals and chemical products
since 20162.302.265.801
Schardouwstraat 5, 8870 Izegem
Repair and maintenance of machinery
since 20162.259.642.912
Show 2 more locations
DESOTEC NV
Regenbeekstraat 62, 8800 RoeselareManufacture of chemicals and chemical products
since 20202.302.265.997
DESOTEC NV
Schardouwstraat 7, 8870 IzegemWarehousing and storage
since 20252.378.464.645
7 parcels
Flanders 7 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36017A0084/00H000 Flanders 2.2 ha 1 · 3,361 m² 2.9 m
36017A0196/00W000 Flanders 1.7 ha 1 · 8,021 m² 12.0 m · 3 fl.
36017A0189/00S000 Flanders 8,528 m² 1 · 4,332 m² 5.2 m
36494D0376/00K000 Flanders 7,362 m² 2 · 3,862 m² 8.7 m · 2 fl.
36017A0395/00E000 Flanders 6,845 m² 1 · 3,015 m² 16.9 m · 3 fl.
36494D0377/00M000 Flanders 5,278 m² 1 · 2,958 m² 9.8 m
36017A0377/00L000 Flanders 4,535 m² 1 · 1,116 m² 9.2 m
Linked by address, not proof of ownership
Good to know
7 of 7 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 1 in office
Show
  • Statutory auditor
Mandates per person, with start and end dates
Name Functions and periods
EY Bedrijfsrevisoren BV
  • Statutory auditor, from 24-09-2026 to date
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 owner · 5 holdings

Chain of control

  1. David Bidco 100%
  2. DESOTEC

Highest known parent: David Bidco. The sources do not say who stands above it.

Owners 1

Holdings 5

  • D.E.S.O.T.E.C. FRANSE SASUFRsubsidiary
    Equity €204,178Result €3,685
    100%
  • Desotec Deutschland GmbHDEsubsidiary
    Equity €687,848Result €375,662
    100%
  • Desotec France SASUFRsubsidiary
    Equity €1.1mResult €621,591
    100%
  • Desotec UK LtdGBsubsidiary
    Equity GBP 876,063Result GBP 174,107
    100%
  • Desotec US LLCUSsubsidiary
    Equity USD 118.2mResult USD 1.9m
    100%

According to the 2025 annual accounts of DESOTEC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 9 entries · 411,789 EUR awarded · 371,827 EUR paid
Year Entries awardedpaid
2025 3 194,814 EUR195,322 EUR
2024 2 3,855 EUR82,855 EUR
2023 2 205,099 EUR85,629 EUR
2022 2 8,021 EUR8,021 EUR
Schemes
4 entries · 392,432 EUR · 352,470 EUR paid · Fonds voor Innoveren en Ondernemen
4 entries · 13,653 EUR · 13,653 EUR paid · Departement Werk en Sociale Economie
1 entry · 5,704 EUR · 5,704 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site
Roeselare2.050.369.568
1 permission
Fabrikant contactmateriaal · since 30-11-2011

Dual-learning approval

2 live approvals
Lasser-monteerder (vwo)
Goedgekeurd · 2026 to 2031
Lasser-monteerder duaal (so)
Goedgekeurd · 2026 to 2031

Legal Entity Identifier

549300D20Z6183257429
live in the LEI register

Similar companies · same sector, comparable size

Of 106 companies in sector 20140 we hold annual accounts for 92. 51 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded07-11-1990
Fiscal year end31-12
Activities, NACEBEL 2025
20140Manufacture of chemicals and chemical products
46869Wholesale trade
38210Materials recovery from waste
46851Wholesale of industrial chemicals
47789Other retail sale of new goods
77399Renting and leasing of other machinery, equipment and tangible goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0441856180
Registered 20-05-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.