Equity
€52.3m ▲ 14.2%
DESOTEC has made a profit in every financial year since 2007.
DESOTEC
Part of the group
8 companies in 6 countries
Lifetime
19 annual accounts with figures on one time axis, 34 filings since 1991peak €160.5m (2025)
€160.5m▲ 7.8%
peak €27.0m (2022)
€6.6m▼ 30.1%
peak €66.8m (2022)
€52.3m▲ 14.2%
€274.1m▲ 17.6%
peak 228 FTE (2025)
228 FTE▲ 7.0%
Board10 names since 2015
2 directors and 1 other
Owners6 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
09-07-202622 days before the deadline
2025financial year
Result from €9.5m to €6.6mPowers of attorney: , and 05-11New day-to-day manager 05-11Equity from €45.8m to €52.3mDebts from €233.1m to €274.1m1 establishment registered
Key points
from the 2025 annual accountsGrowth
13 years
13 years of growth in a row. Turnover 2025: €160.5m.
Debts
€274.1m 84% of the balance sheet
Financial debts 77%Suppliers 11%Taxes and wages 2%Other 10%
Of this, €39.4m falls due within a year.
Liquidity
2.71 was 1.16 in 2024
Short-term debts fell from €59.3m to €39.4m.
Filings
34 annual accounts since 1991
The last five annual accounts were filed 17 to 69 days before the end of the period.
Position in the sector
16.0%
Lower solvency than 85% of companies in chemicals. Sector median 49.5% · 249 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 733 companies had the same profile as DESOTEC has now. Each dot stands for 2 companies, two years later.
97.4%
were still trading
1.4%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 733 companies, not a prediction for DESOTEC. 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
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Signals
Board and ownership
Daily manager,
Daily manager,
Director
Auditor,
- 100%equity €429.4m (2025) · 2025 annual accounts of
- consolidatesannual accounts 2025
- 1%annual accounts 2018
Shares in 5 companies, including and
Board & ownershipRecent changes
Environmental permit granted
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Provincie West-Vlaanderen
Reappointment: (statutory auditor)
Permanent representative: · Gazette deed
Environmental permit granted
Nieuwbouw of aanleggen · Provincie West-Vlaanderen
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0441856180
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DESOTEC Roeselare | €160.5m | 15.5% | 16.0% | 228 |
| TotalEnergies Olefins Antwerp Antwerp | €369.2m | 2.3% | 21.7% | 315.1 |
| Signode Belgium Virton | €121.4m | 8.8% | 88.0% | 124.4 |
| BOREALIS ANTWERPEN Beringen | €77.1m | 13.0% | 16.2% | 243.3 |
| INEOS Aromatics Belgium Geel | €142.2m | 0.4% | 82.3% | 277.9 |
| Monument Chemical Beveren-Kruibeke-Zwijndrecht | €157.5m | 1.6% | 75.8% | 128.6 |
| LONZA VERVIERS Verviers | €96.4m | 7.4% | 78.4% | 180.4 |
Grey: the largest companies of the sector (chemicals (NACE 20)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as DESOTEC: manufacture of chemicals and chemical products (NACE 20140). They are comparable in size and age: total assets between €80m and €346m, founded between 1967 and 2000.
Official details
Source: KBO- Status
- Active since 07-11-1990Normal situation
- Activity
- Manufacture of chemicals and chemical productsNACE 20140and 5 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 100Auxiliary committee for blue-collar workers · annual accounts 2025
- Establishment units
- 2.050.369.5688800 Roeselare, since 23-11-1990
- 2.216.703.5848800 Roeselare, since 01-07-2006and 6 others
- Financial year end
- 31 December
- Peppol
- Reachable since 20-05-2026
Annual accounts 2025
- €326.4m▲ 17.0%
- Employeeson 31-12-2025
- 236▲ 3.1%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on DESOTEC
DESOTEC has existed since 1990. Turnover grew from €11.1m in 2007 to €160.5m in 2025 and staff from 25 to 228 full-time equivalents.
Turnover has grown every year since 2012.
holds all the shares.
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 DESOTEC
- What is the company number of DESOTEC?
- The company number of DESOTEC is 0441.856.180. The VAT number is the same number with BE in front: BE 0441.856.180.
- Where is DESOTEC based?
- The registered office is at Regenbeekstraat 44, 8800 Roeselare.Company details
- What does DESOTEC do?
- According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20140).
- What is the legal form of DESOTEC?
- DESOTEC is a public limited company (NV).
- When was DESOTEC founded?
- DESOTEC was founded on 07-11-1990.
- Is DESOTEC still active?
- Yes, DESOTEC is an active enterprise in the KBO register.
- How many employees does DESOTEC have?
- DESOTEC had an average of 228 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DESOTEC fall under?
- In its 2025 annual accounts, DESOTEC states joint committees 200 (Auxiliary committee for white-collar workers) and 100 (Auxiliary committee for blue-collar workers).
- What is the turnover of DESOTEC?
- The turnover of DESOTEC was €160.5m in financial year 2025, according to the filed annual accounts.
- Is DESOTEC profitable?
- In financial year 2025, DESOTEC made a profit of €6.6m.
- Where can I find the annual accounts of DESOTEC?
- DESOTEC filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DESOTEC due?
- DESOTEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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