DESPERT & CO
ActiveSummary
DESPERT & CO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €153,653. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 8161 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-9
Solvency91▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160,000 at 30 days acceptable
Liquidity ample (current ratio 3.47 against 2.67 in 2024; short-term debt: 27.5% and cash: 8.8% of total assets), and 34.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.6%
Return on assets
4.5%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
47 d early
2024
60 d early
2023
85 d early
2022
34 d early
2021
63 d early
2020
80 d early
2019
24 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 56 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 2 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€2.2m▲ 7.4%
2024 · €2.1m
Total assets
€3.4m▲ 3.6%
2024 · €3.3m
Net result
€153,653▼ 58.1%
2024 · €366,897
Working capital
€2.3m▲ 20.1%
2024 · €1.9m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Operating result€225,501▲ 50.1%€588,389▲ 161%€447,764▼ 23.9%€526,909▲ 17.7%€241,401▼ 54.2%
Net result€153,760within the sector's middle half▲ 65.1%€420,145above the sector's middle half▲ 173%€323,419above the sector's middle half▼ 23.0%€366,897above the sector's middle half▲ 13.4%€153,653above the sector's middle half▼ 58.1%
Equity€1.5mabove the sector's middle half▲ 3.8%€1.7mabove the sector's middle half▲ 15.1%€1.9mabove the sector's middle half▲ 10.3%€2.1mabove the sector's middle half▲ 11.7%€2.2mabove the sector's middle half▲ 7.4%
Total assets€2.4mwithin the sector's middle half▲ 0.7%€3.0mabove the sector's middle half▲ 25.8%€3.4mabove the sector's middle half▲ 15.0%€3.3mabove the sector's middle half▼ 5.2%€3.4mabove the sector's middle half▲ 3.6%
Debt€925,026▼ 3.9%€1.3m▲ 42.7%€1.6m▲ 20.9%€1.2m▼ 24.9%€1.2m▼ 2.9%
Working capital€1.4mabove the sector's middle half▼ 5.4%€1.6mabove the sector's middle half▲ 12.3%€1.8mabove the sector's middle half▲ 10.2%€1.9mabove the sector's middle half▲ 7.7%€2.3mabove the sector's middle half▲ 20.1%
Solvency61.2%within the sector's middle half▲ 1.9pp56.0%within the sector's middle half▼ 5.2pp53.7%within the sector's middle half▼ 2.3pp63.3%within the sector's middle half▲ 9.6pp65.6%within the sector's middle half▲ 2.3pp
Current ratio2.72within the sector's middle half▼ 0.442.26within the sector's middle half▼ 0.462.21within the sector's middle half▼ 0.052.67within the sector's middle half▲ 0.463.47above the sector's middle half▲ 0.80
Return on assets (ROA)6.4%within the sector's middle half▲ 2.5pp14.0%above the sector's middle half▲ 7.6pp9.4%within the sector's middle half▼ 4.6pp11.2%above the sector's middle half▲ 1.8pp4.5%within the sector's middle half▼ 6.7pp
Staff (FTE)5within the sector's middle half▲ 6.4%5within the sector's middle half=5within the sector's middle half=5within the sector's middle half=5within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 54% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.4m
Fixed assets
€151,428 ▼ 26.8%
Current assets
€3.2m ▲ 5.7%
Equity and liabilities €3.4m
Equity
€2.2m ▲ 7.4%
Debt
€1.2m ▼ 2.9%
Debt's share of the balance-sheet total falls from 36.7% to 34.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€296,728▼
2024 · €586,273
Cash flow
€208,980▼
2024 · €426,261
Quick ratio
0.85▲
2024 · 0.60
Debt to equity
0.52▼
2024 · 0.58
ROE
6.9%▼
2024 · 17.7%
Interest coverage
9.20▼
2024 · 17.32
Debt ≤ 1 year
€932,752▼
2024 · €1.1m
Debt > 1 year
€192,895▲
2024 · €34,317
Income taxes
€55,973▼
2024 · €128,166
Staff costs
€372,160▲
2024 · €363,730
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 17,039 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €323,746 | €320,652 | €363,730 | €372,160 | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,165 | €47,148 | €41,844 | €59,364 | €55,327 | ▼ 6.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €144 | €3,423 | €0 | - | - |
| Other operating charges640/8 | - | €6,365 | €30,704 | €31,455 | €34,255 | ▲ 8.9% |
| Non-recurring operating charges66A | - | €876 | €0 | - | - | - |
| Gross operating margin9900 | €454,049 | €966,668 | €844,387 | €981,459 | €703,143 | ▼ 28.4% |
| Operating profit (loss)9901 | €225,501 | €588,389 | €447,764 | €526,909 | €241,401 | ▼ 54.2% |
| Financial income75/76B | - | €2,357 | €15,455 | €2,000 | €484 | ▼ 75.8% |
| Recurring financial income75 | €3,065 | €2,357 | €3,058 | €2,000 | €484 | ▼ 75.8% |
| Non-recurring financial income76B | - | - | €12,397 | €0 | - | - |
| Financial charges65/66B | - | €18,618 | €29,072 | €33,846 | €32,259 | ▼ 4.7% |
| Recurring financial charges65 | €18,150 | €18,618 | €29,072 | €33,846 | €32,259 | ▼ 4.7% |
| Profit (loss) for the period before taxes9903 | €210,416 | €572,128 | €434,147 | €495,063 | €209,625 | ▼ 57.7% |
| Income taxes67/77 | €56,656 | €151,983 | €110,728 | €128,166 | €55,973 | ▼ 56.3% |
| Profit (loss) for the period9904 | €153,760 | €420,145 | €323,419 | €366,897 | €153,653 | ▼ 58.1% |
| Profit (loss) for the period to be appropriated9905 | €153,760 | €420,145 | €323,419 | €366,897 | €153,653 | ▼ 58.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.4m | €3.0m | €3.4m | €3.3m | €3.4m | ▲ 3.6% |
| Fixed assets21/28 | €109,452 | €102,110 | €197,130 | €206,755 | €151,428 | ▼ 26.8% |
| Tangible fixed assets22/27 | €109,452 | €102,110 | €197,130 | €206,755 | €151,428 | ▼ 26.8% |
| Plant, machinery and equipment23 | - | €3,268 | €9,542 | €6,237 | €4,233 | ▼ 32.1% |
| Furniture and vehicles24 | - | €44,161 | €124,254 | €141,562 | €100,780 | ▼ 28.8% |
| Other tangible fixed assets26 | - | - | €63,335 | €58,956 | €46,416 | ▼ 21.3% |
| Assets under construction and advance payments27 | - | €54,681 | - | - | - | - |
| Current assets29/58 | €2.3m | €2.9m | €3.3m | €3.1m | €3.2m | ▲ 5.7% |
| Stocks and contracts in progress3 | €1.5m | €2.0m | €2.3m | €2.4m | €2.4m | ▲ 3.1% |
| Stocks30/36 | - | €2.0m | €2.3m | €2.4m | €2.4m | ▲ 3.1% |
| Amounts receivable within one year40/41 | €494,195 | €645,238 | €601,310 | €498,947 | €468,625 | ▼ 6.1% |
| Trade receivables40 | - | €634,693 | €545,034 | €497,816 | €393,467 | ▼ 21.0% |
| Other amounts receivable41 | - | €10,545 | €56,277 | €1,130 | €75,158 | ▲ 6,548% |
| Cash at bank and in hand54/58 | €236,729 | €261,086 | €378,074 | €185,703 | €298,281 | ▲ 60.6% |
| Deferred charges and accrued income490/1 | - | €6,665 | €17,412 | €7,800 | €24,896 | ▲ 219% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.4m | €3.0m | €3.4m | €3.3m | €3.4m | ▲ 3.6% |
| Equity10/15 | €1.5m | €1.7m | €1.9m | €2.1m | €2.2m | ▲ 7.4% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €27,199 | €27,199 | €27,199 | €27,199 | €27,199 | = |
| Non-distributable reserves130/1 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Legal reserve130 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Tax-exempt reserves132 | - | €17,199 | €17,199 | €17,199 | €17,199 | = |
| Profit (loss) carried forward14 | €1.3m | €1.6m | €1.7m | €1.9m | €2.1m | ▲ 7.9% |
| Amounts payable17/49 | €925,026 | €1.3m | €1.6m | €1.2m | €1.2m | ▼ 2.9% |
| Amounts payable after more than one year17 | €55,558 | €21,389 | €124,721 | €34,317 | €192,895 | ▲ 462% |
| Financial debts170/4 | - | €21,389 | €124,721 | €34,317 | €192,895 | ▲ 462% |
| Amounts payable within one year42/48 | €836,776 | €1.3m | €1.5m | €1.1m | €932,752 | ▼ 18.5% |
| Current portion of amounts payable after more than one year42 | - | €8,632 | €87,666 | €90,850 | €67,820 | ▼ 25.3% |
| Financial debts43 | - | €66,763 | €87,762 | €16,925 | €73,731 | ▲ 336% |
| Credit institutions430/8 | - | €66,763 | €87,762 | €16,925 | €73,731 | ▲ 336% |
| Trade debts44 | €379,624 | €647,482 | €670,025 | €403,204 | €526,875 | ▲ 30.7% |
| Suppliers440/4 | - | €647,482 | €670,025 | €403,204 | €526,875 | ▲ 30.7% |
| Taxes, remuneration and social security45 | - | €146,236 | €115,652 | €138,350 | €101,069 | ▼ 26.9% |
| Taxes450/3 | - | €120,547 | €77,940 | €96,860 | €61,815 | ▼ 36.2% |
| Remuneration and social security454/9 | - | €25,689 | €37,712 | €41,491 | €39,254 | ▼ 5.4% |
| Other amounts payable47/48 | - | €412,648 | €510,501 | €495,765 | €163,256 | ▼ 67.1% |
| Accrued charges and deferred income492/3 | - | €16,694 | €0 | €19,702 | €38,389 | ▲ 94.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €153,760 | €420,145 | €323,419 | €366,897 | €153,653 | ▼ 58.1% |
| + Depreciation and write-downs630 | €44,165 | €47,148 | €41,844 | €59,364 | €55,327 | ▼ 6.8% |
| Operating cash flow (approximation) | €197,925 | €467,293 | €365,263 | €426,261 | €208,980 | ▼ 51.0% |
| Investment in fixed assets (approximation) | - | -€39,806 | -€136,864 | -€68,989 | €0 | ▲ 100% |
| Change in cash | - | €24,357 | €116,988 | -€192,371 | €112,579 | ▲ 159% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
State Gazette act
Permanent representative: Jo De CockPower of attorney3 facts ▸
State Gazette act
Permanent representative: Jo De Cock
Power of attorney3 facts ▸
- Board meeting, 18-08-2026
- Permanent representative, Jo De Cock (permanent representative)
- Power of attorney, Adriaan Dauwe
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Equity above €2mEq €2.1m ▲11.7%
6 profitable years in a row build equity to €2.1m.
2023
07-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €420,145 ▲173%
Operating result €588,389, net result €420,145, both a record.
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
17-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brecht · 2 establishment units since 2002
Ground area
9,515 m²
Building footprint
1,834 m²
Volume, LiDAR
11,769 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Zagerijstraat 25, 2960 Brecht
since 20022.095.662.531
Smederijstraat 32, 2960 Brecht
since 20162.256.830.506
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11042A0001/00C043 | Flanders | 6,736 m² | 1 · 657 m² | 7.9 m · 2 fl. |
| 11042A0001/00R044 | Flanders | 2,779 m² | 1 · 1,177 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2 sitesBrecht2.095.662.531
Brecht2.256.830.506
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Of 1,583 companies in sector 46349 we hold annual accounts for 991. 467 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
Founded15-11-2001
Fiscal year end30-06
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476082532
Registered
04-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.