DESOTEX (0427.246.792): financials and annual accounts

DESOTEX

Wielsbeke ·KBO/BCE: BE 0427.246.792

Line	2025	2024	2023	2022	2021	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	1.6m	1.6m	1.5m	1.5m	1.4m	1.2m	1.1m	1.2m	1.2m	1.1m	1.1m	1.0m	950,399	919,377	798,111	769,190	746,807	781,192	784,390
Fixed assets`21/28`	633,985	639,579	645,174	650,768	356,568	90,895	261,493	383,315	272,114	229,949	144,146	146,339	154,950	131,459	110,858	144,693	184,393	180,971	211,751
Tangible fixed assets`22/27`	633,985	639,579	645,174	650,768	356,568	90,895	261,493	383,315	272,114	229,949	144,146	146,339	154,950	131,459	110,858	144,693	184,393	180,971	211,751
Land and buildings`22`	633,985	639,579	645,174	650,768	356,567	36,021	37,762	41,902	48,964	56,533	64,304	72,126	80,091	88,832	92,315	103,920	116,222	129,057	138,149
Plant, machinery and equipment`23`	-	-	-	-	-	1,100	2,200	3,300	6,613	4,426	6,639	8,943	207	1,096	1,910	3,070	4,595	2,506	1,368
Furniture and vehicles`24`	-	-	-	-	1	53,774	221,531	338,113	216,537	168,990	73,203	65,270	74,652	41,531	16,633	37,703	63,576	49,408	72,234
Current assets`29/58`	990,133	948,284	879,168	838,602	1.1m	1.1m	875,922	825,761	947,289	919,083	930,810	899,196	795,449	787,918	687,253	624,497	562,414	600,221	572,639
Stocks and contracts in progress`3`	-	0	9,900	-	3,165	461,180	446,180	478,500	545,510	519,650	540,400	564,250	582,300	599,750	597,140	530,040	445,260	446,280	411,340
Stocks`30/36`	-	0	9,900	-	3,165	461,180	446,180	478,500	545,510	519,650	540,400	564,250	582,300	599,750	597,140	530,040	445,260	446,280	411,340
Amounts receivable within one year`40/41`	911,552	846,304	734,638	339,517	48,889	16,446	35,477	65,499	61,774	129,375	44,676	68,608	29,811	3,546	13,786	40,192	23,167	45,063	79,251
Trade receivables`40`	31,763	31,763	31,763	89,347	46,597	1,316	31,491	40,183	46,823	128,163	41,305	61,638	25,945	3,457	9,293	40,192	22,110	44,714	68,708
Other amounts receivable`41`	879,790	814,542	702,875	250,170	2,292	15,130	3,986	25,316	14,951	1,212	3,371	6,970	3,866	89	4,493	-	1,057	349	10,543
Cash at bank and in hand`54/58`	58,410	86,805	122,964	496,210	1.0m	647,193	393,164	281,762	340,005	270,058	345,734	266,338	183,338	184,622	76,212	39,096	86,422	108,768	81,942
Deferred charges and accrued income`490/1`	20,170	15,174	11,667	2,875	-	674	1,101	-	-	-	-	-	-	-	115	15,169	7,565	110	106
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	1.6m	1.6m	1.5m	1.5m	1.4m	1.2m	1.1m	1.2m	1.2m	1.1m	1.1m	1.0m	950,399	919,377	798,111	769,190	746,807	781,192	784,390
Equity`10/15`	1.0m	1.5m	1.4m	1.3m	1.3m	1.2m	1.1m	1.1m	1.1m	1.1m	1.0m	954,682	908,042	850,865	757,802	747,974	708,439	696,371	651,235
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Issued capital`100`	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Reserves`13`	996,419	845,297	858,570	862,502	866,434	802,289	802,717	803,212	808,569	816,812	825,055	819,131	829,456	57,076	26,727	33,829	40,931	48,033	55,135
Legal reserve`130`	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Tax-exempt reserves`132`	55,930	58,570	71,844	75,776	79,708	15,562	15,990	16,485	21,842	30,085	38,328	32,404	42,729	45,349	15,000	22,102	29,204	36,306	43,408
Distributable reserves`133`	940,489	786,727	786,727	786,727	786,727	784,867	784,867	784,867	784,867	784,867	784,867	784,867	784,867	9,867	9,867	9,867	9,867	9,867	9,867
Profit (loss) carried forward`14`	0	593,349	506,639	456,631	380,688	391,416	308,783	289,953	257,314	216,942	173,573	116,951	59,986	775,189	712,475	695,545	648,908	629,738	577,500
Provisions and deferred taxes`16`	13,534	14,414	18,838	20,149	21,460	141	416	624	3,370	7,430	11,490	8,572	13,657	14,948	-	3,498	6,996	10,494	13,992
Deferred taxes`168`	13,534	14,414	18,838	20,149	21,460	141	416	624	3,370	7,430	11,490	8,572	13,657	14,948	-	3,498	6,996	10,494	13,992
Amounts payable`17/49`	595,565	116,203	121,694	131,488	143,366	3,942	6,899	96,687	131,550	89,248	46,238	82,281	28,700	53,564	40,309	17,718	31,372	74,327	119,163
Amounts payable after more than one year`17`	63,571	77,577	91,444	105,170	118,761	-	-	-	-	-	-	-	-	-	-	-	-	-	9,375
Financial debts`170/4`	63,571	77,577	91,444	105,170	118,761	-	-	-	-	-	-	-	-	-	-	-	-	-	9,375
Amounts payable within one year`42/48`	531,148	38,626	30,249	26,318	24,605	3,942	6,899	96,687	131,550	89,248	46,238	82,281	28,700	53,564	40,309	17,718	31,372	74,327	109,788
Current portion of amounts payable after more than one year`42`	14,007	13,867	13,726	13,591	13,456	-	-	-	-	-	-	-	-	-	-	-	-	9,375	19,888
Financial debts`43`	-	0	5,066	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit institutions`430/8`	-	0	5,066	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	7,241	3,966	5,665	3,657	10,918	470	3,345	93,293	128,471	86,669	43,659	79,703	22,912	46,474	36,696	13,420	27,051	27,199	51,714
Suppliers`440/4`	7,241	3,966	5,665	3,657	10,918	470	3,345	93,293	128,471	86,669	43,659	79,703	22,912	46,474	36,696	13,420	27,051	27,199	51,714
Taxes, remuneration and social security`45`	9,900	20,793	5,793	9,070	231	3,472	3,554	2,500	2,500	2,000	2,000	2,000	4,000	5,245	1,700	2,385	1,800	2,100	1,800
Taxes`450/3`	9,900	20,793	5,793	9,070	231	3,472	3,554	2,500	2,500	2,000	2,000	2,000	2,000	5,245	1,500	2,385	1,800	2,100	1,800
Remuneration and social security`454/9`	-	-	-	-	-	-	-	-	-	-	-	-	2,000	-	200	-	-	-	-
Other amounts payable`47/48`	500,000	-	-	-	-	-	-	894	579	579	579	578	1,788	1,845	1,913	1,913	2,521	35,653	36,386
Accrued charges and deferred income`492/3`	846	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income statement
Turnover`70`	-	-	-	-	-	238,276	335,393	538,775	426,349	570,282	397,138	371,099	362,633	212,323	136,502	133,506	253,782	350,035	212,896
Gross operating margin`9900`	79,833	104,990	68,231	124,024	155,587	156,210	160,902	189,887	161,946	174,226	143,666	105,230	146,716	172,267	47,601	82,499	52,867	94,285	158,213
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	82,066	174,491	348,888	264,403	396,056	253,472	265,869	215,917	40,056	88,901	51,007	200,915	255,750	54,683
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	5,594	5,594	5,595	44,612	67,328	50,998	123,549	135,888	111,040	126,855	67,307	58,899	67,309	42,625	33,835	39,700	40,510	40,286	89,321
Other operating charges`640/8`	12,232	12,275	11,025	7,448	16,064	9,422	8,937	9,157	9,929	9,346	8,668	8,939	7,730	6,744	7,450	7,172	9,007	6,354	6,276
Operating profit (loss)`9901`	62,007	87,121	51,611	71,964	72,195	95,790	28,416	44,842	40,977	38,025	67,691	37,392	71,677	122,898	6,316	35,627	3,350	47,645	62,616
Financial income`75/76B`	17,018	15,174	11,667	4,936	84	90	120	282	278	570	4,355	1,686	1,646	587	111	770	1,006	1,522	305
Recurring financial income`75`	17,018	15,174	11,667	4,936	84	90	120	282	278	570	4,355	1,686	1,646	587	111	770	1,006	1,522	305
Financial charges`65/66B`	1,977	2,225	2,420	4,264	1,184	40	246	24	24	-	29	102	110	424	324	264	424	1,108	3,355
Recurring financial charges`65`	1,977	2,225	2,420	4,264	1,184	40	246	24	24	-	29	102	110	424	324	264	424	1,108	3,355
Profit (loss) for the period before taxes`9903`	77,048	100,071	60,858	72,636	71,095	95,840	28,290	45,100	41,231	38,595	72,017	38,976	73,213	123,061	6,103	36,133	3,932	48,059	59,566
Transfer from deferred taxes`780`	880	4,424	1,311	1,311	1,281	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to deferred taxes`680`	-	-	-	-	22,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes`67/77`	20,155	31,059	16,093	1,935	-3,641	13,910	10,163	20,564	13,162	7,529	6,552	-2,578	15,327	15,050	-227	96	-4,638	6,421	-773
Profit (loss) for the period`9904`	57,773	73,436	46,076	72,011	53,417	82,205	18,335	27,282	32,129	35,126	62,546	46,640	59,177	93,063	9,828	39,535	12,068	45,136	46,347
Transfer from tax-exempt reserves`789`	2,640	13,273	3,932	3,932	3,655	562	495	5,429	8,243	8,243	17,526	21,045	26,271	15,211	7,102	7,102	7,102	7,102	7,102
Transfer to tax-exempt reserves`689`	-	-	-	-	67,800	134	-	72	-	-	23,450	10,720	23,651	45,560	-	-	-	-	35,510
Profit (loss) for the period to be appropriated`9905`	60,413	86,710	50,008	75,943	-10,728	82,633	18,830	32,639	40,372	43,369	56,622	56,965	61,797	62,714	16,930	46,637	19,170	52,238	17,939
Appropriation of the result
Profit (loss) to be appropriated`9906`	653,762	593,349	506,639	456,631	380,688	391,416	308,783	289,953	257,314	216,942	173,573	116,951	836,986	775,189	712,475	695,545	648,908	629,738	577,500
Profit (loss) brought forward from the previous period`14P`	593,349	506,639	456,631	380,688	391,416	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	153,762	-	-	-	-	-	-	-	-	-	-	-	775,000	-	-	-	-	-	-
To other reserves`6921`	153,762	-	-	-	-	-	-	-	-	-	-	-	775,000	-	-	-	-	-	-
Profit to be distributed`694/7`	500,000	-	-	-	-	-	-	-	-	-	-	-	2,000	-	-	-	-	-	-
Return on contributions (dividend)`694`	500,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	-	-	-	-	-	-	2,000	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
30-12-2025	abbreviated format	02-07-2026	2026-00252378	PDF
30-12-2024	abbreviated format	01-07-2025	2025-00212002	PDF
30-12-2023	abbreviated format	24-06-2024	2024-00155872	PDF
30-12-2022	abbreviated format	13-06-2023	2023-00125968	PDF
30-12-2021	abbreviated format	15-07-2022	2022-20195890	PDF
31-12-2019	micro format	29-06-2020	2020-22100229	PDF
31-12-2018	micro format	22-08-2019	2019-49000040	PDF
31-12-2017	micro format	07-08-2018	2018-43900015	PDF
31-12-2016	abbreviated format	02-08-2017	2017-41200456	PDF
31-12-2015	abbreviated format	12-08-2016	2016-43300288	PDF
31-12-2014	abbreviated format	27-08-2015	2015-49700537	PDF
31-12-2013	abbreviated format	29-08-2014	2014-54200293	PDF
31-12-2012	abbreviated format	16-07-2013	2013-32100019	PDF
31-12-2011	abbreviated format	27-08-2012	2012-46000580	PDF
31-12-2010	abbreviated format	29-08-2011	2011-46700437	PDF
31-12-2009	abbreviated format	30-08-2010	2010-51500379	PDF
31-12-2008	abbreviated format	26-08-2009	2009-64500070	PDF
31-12-2007	abbreviated format	23-07-2008	2008-46700250	PDF
31-12-2006	abbreviated format	27-08-2007	2007-62100268	PDF
31-12-2005	abbreviated format	30-08-2006	2006-73705251	PDF
31-12-2004	abbreviated format	28-07-2005	2005-59202017	PDF
31-12-2003	abbreviated format	28-09-2004	2004-67404543	PDF
31-12-2002	abbreviated format	27-10-2003	2003-76300314	PDF
31-12-2001	abbreviated format	04-12-2002	2002-75102593	PDF
31-12-2000	abbreviated format	17-09-2001	2001-56601932	PDF
31-12-1999	abbreviated format	19-10-2000	2000-66601039	PDF
31-12-1998	abbreviated format	21-10-1999	1999-54303046	PDF
31-12-1997	abbreviated format	24-09-1998	1998-48702413	PDF
31-12-1996	abbreviated format	24-07-1997	1997-33202895	PDF
31-12-1995	abbreviated format	01-10-1996	1996-46003500	PDF
31-12-1994	abbreviated format	19-10-1995	1995-54401908	PDF
31-12-1993	abbreviated format	08-11-1994	1994-46205234	PDF
31-12-1992	abbreviated format	08-12-1993	1993-45105105	PDF
31-12-1991	abbreviated format	26-06-1992	1992-15801346	PDF
31-12-1990	abbreviated format	30-07-1991	1991-20603463	PDF
31-12-1989	abbreviated format	27-11-1990	1990-28402313	PDF
31-12-1988	abbreviated format	05-12-1989	1989-26600781	PDF
31-12-1987	abbreviated format	14-12-1988	1988-24503963	PDF
31-12-1986	abbreviated format	01-02-1988	1988-00801117	PDF

Line	2025	2024	2023	2022	2021	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	67,602	92,715	57,206	116,576	139,523	146,788	151,965	180,730	152,017	164,880	134,998	96,291	138,986	165,523	40,151	75,327	43,860	87,931	151,937
Cash flow	63,367	79,031	51,671	116,623	120,745	133,203	141,884	163,170	143,169	161,981	129,853	105,539	126,486	135,688	43,663	79,235	52,578	85,422	135,668
Investment in fixed assets (approximation)	0	0	0	338,813	360,836	-119,600	1,727	257,209	153,205	212,658	73,913	50,288	90,800	63,226	0	0	43,932	9,506	63,918
Change in cash	-28,395	-36,159	-373,246	-525,716	-	254,029	111,402	-58,243	69,947	-75,676	79,396	83,000	-1,284	108,410	37,116	-47,326	-22,346	26,826	-
Working capital	458,984	909,658	848,918	812,284	1.0m	1.1m	869,023	729,074	815,739	829,835	884,572	816,915	766,749	734,354	646,944	606,779	531,042	525,894	462,851
EBIT margin	-	-	-	-	-	40.2%	8.5%	8.3%	9.6%	6.7%	17.0%	10.1%	19.8%	57.9%	4.6%	26.7%	1.3%	13.6%	29.4%
Solvency	62.5%	91.8%	90.8%	89.8%	88.5%	99.7%	99.4%	92.0%	88.9%	91.6%	94.6%	91.3%	95.5%	92.5%	94.9%	97.2%	94.9%	89.1%	83.0%
Current ratio	1.86	24.55	29.06	31.86	43.65	-	-	8.54	7.20	10.30	20.13	10.93	27.72	14.71	17.05	35.25	17.93	8.08	5.22
Quick ratio	1.86	24.55	28.74	31.86	43.52	-	62.29	3.59	3.05	4.48	8.44	4.07	7.43	3.51	2.24	5.33	3.73	2.07	1.47
Debt to equity	0.59	0.08	0.09	0.10	0.11	0.00	0.01	0.09	0.12	0.08	0.05	0.09	0.03	0.06	0.05	0.02	0.04	0.11	0.18
ROE	5.7%	5.0%	3.3%	5.4%	4.2%	6.8%	1.6%	2.5%	3.0%	3.3%	6.1%	4.9%	6.5%	10.9%	1.3%	5.3%	1.7%	6.5%	7.1%
ROA	3.6%	4.6%	3.0%	4.8%	3.7%	6.8%	1.6%	2.3%	2.6%	3.1%	5.8%	4.5%	6.2%	10.1%	1.2%	5.1%	1.6%	5.8%	5.9%
Interest coverage	34.19	41.68	23.64	27.34	over 100	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	2 days	34 days	27 days	40 days	82 days	38 days	61 days	26 days	6 days	25 days	110 days	32 days	47 days	118 days
Supplier credit	-	-	-	-	-	2 days	7 days	98 days	177 days	80 days	63 days	109 days	39 days	423 days	151 days	96 days	49 days	39 days	345 days

Item	30-12-2025	30-12-2024	30-12-2023	30-12-2022	30-12-2021
Tangible fixed assets	-	-	-	€338,813	€360,836
Depreciation and write-downs of the year	€5,594	€5,594	€5,595	€44,612	€67,328

DESOTEX

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency62.5%

Current ratio1.86

Return on assets3.6%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on DESOTEX

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