DESUTTER MARC KOELTECHNIEK
ActiveDESUTTER MARC KOELTECHNIEK has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.03M and a net result of €456k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 87% of 992 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
94
/ 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability45▲+15
Solvency100▲+7
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €470k at 30 days acceptable
Liquidity ample (current ratio 7.92 against 1.67 in 2023), and 16.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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 2024Solvency, return and age of the figures
Solvency
83.8%
Return on assets
7.6%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
30 d early
2022
35 d early
2021
34 d early
2020
32 d early
2019
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€5.03M▲ 10.0%
2023 · €4.57M
2018: €3.63M
2019: €3.75M
2020: €4.13M
2021: €3.97M
2022: €4.30M
2023: €4.57M
2018 → 2024
Total assets
€6.00M▼ 6.7%
2023 · €6.43M
2018: €6.24M
2019: €6.06M
2020: €6.24M
2021: €5.96M
2022: €6.40M
2023: €6.43M
2018 → 2024
Net result
€456k▲ 65.8%
2023 · €275k
2018: €40k
2019: €117k
2020: €384k
2021: €363k
2022: €327k
2023: €275k
2018 → 2024
Working capital
€977k▲ 85.0%
2023 · €528k
2018: €2.64M
2019: €2.83M
2020: €1.97M
2021: €1.08M
2022: €749k
2023: €528k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4.13M-€3.97M▼ 3.9%€4.30M▲ 8.2%€4.57M▲ 6.4%€5.03M▲ 10.0%
Operating result€476k-€471k▼ 1.1%€416k▼ 11.7%€396k▼ 4.6%€624k▲ 57.5%
Net result€384k-€363k▼ 5.4%€327k▼ 9.8%€275k▼ 16.0%€456k▲ 65.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 58% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.00M
Fixed assets
€4.88M▼ 4.5%
Current assets
€1.12M▼ 15.2%
Equity and liabilities €6.00M
Equity
€5.03M▲ 10.0%
Debt
€974k▼ 47.7%
The debt ratio falls from 28.9% to 16.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€997k▲
2023 · €755k
Cash flow
€828k▲
2023 · €633k
Solvency
83.8%▲
2023 · 71.1%
Current ratio
7.92▲
2023 · 1.67
Quick ratio
7.92▲
2023 · 1.67
Debt / equity
0.19▼
2023 · 0.41
ROE
9.1%▲
2023 · 6.0%
ROA
7.6%▲
2023 · 4.3%
Interest coverage
2497.16▲
2023 · 675.64
Debt
€974k▼
2023 · €1.86M
Debt ≤ 1 year
€141k▼
2023 · €791k
Income taxes
€179k▲
2023 · €132k
Staff costs
€32k▲
2023 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€6.43M€6.00M▼
Fixed assets21/28€5.11M€4.88M▼
Tangible fixed assets22/27€4.39M€4.15M▼
Land and buildings22€2.19M€2.09M▼
Plant, machinery and equipment23€2.11M€1.96M▼
Furniture and vehicles24€86k€100k▲
Assets under construction and advance payments27€0-
Financial fixed assets28€728k€728k=
Current assets29/58€1.32M€1.12M▼
Amounts receivable after more than one year29€902k€811k▼
Other amounts receivable291€902k€811k▼
Amounts receivable within one year40/41€220k€160k▼
Trade receivables40€101k€64k▼
Other amounts receivable41€119k€96k▼
Cash at bank and in hand54/58€179k€145k▼
Deferred charges and accrued income490/1€19k€4k▼
Equity and liabilities
Total equity and liabilities10/49€6.43M€6.00M▼
Equity10/15€4.57M€5.03M▲
Contributions10/11€2.10M€2.10M=
Reserves13€2.47M€2.93M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€3k€213k▲
Distributable reserves133€2.47M€2.71M▲
Amounts payable17/49€1.86M€974k▼
Amounts payable within one year42/48€791k€141k▼
Trade debts44€713k€21k▼
Suppliers440/4€713k€21k▼
Taxes, remuneration and social security45€78k€70k▼
Taxes450/3€69k€61k▼
Remuneration and social security454/9€9k€9k▲
Other amounts payable47/48-€50k
Accrued charges and deferred income492/3€1.07M€833k▼
Income statement
Code20232024
Non-recurring operating income76A€0€250▲
Remuneration, social security and pensions62€31k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€358k€373k▲
Other operating charges640/8€46k€45k▼
Gross operating margin9900€832k€1.07M▲
Operating profit (loss)9901€396k€624k▲
Financial income75/76B€11k€10k▼
Recurring financial income75€11k€10k▼
Financial charges65/66B€1k€399▼
Recurring financial charges65€1k€399▼
Profit (loss) for the period before taxes9903€407k€635k▲
Income taxes67/77€132k€179k▲
Profit (loss) for the period9904€275k€456k▲
Transfer to tax-exempt reserves689-€211k
Profit (loss) for the period to be appropriated9905€275k€245k▼
Appropriation of the result
Profit (loss) to be appropriated9906€275k€245k▼
Transfer to equity691/2€275k€245k▼
To other reserves6921€275k€245k▼
Social balance
Average headcount (FTE)90870.50.5=
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
24-07
State Gazette act
Incorporation · Founder
Founding capital · Bank account · Alexandra Ghekiere
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €456k ▲65.8%
Operating result €624k, net result €456k, both a record.
31-12
Financial
Liquidity times 5current ratio 7.92
Current ratio from 1.67 to 7.92; short-term debt falls from €791k to €141k.
31-12
Financial
Equity above €5MEq €5.03M ▲10%
7 profitable years in a row build equity to €5.03M.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 50.58
Current ratio from 22.24 to 50.58; short-term debt falls from €124k to €57k.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ardooie · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wezestraat 518850 ArdooieGround area
1,029 m²
Building footprint
1,029 m²
Volume, LiDAR
6,459 m³
Parcel 36001C1469/00C000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wezestraat 51, 8850 Ardooie
since 19962.019.912.063
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001C1469/00C000 | Flanders | 1,029 m² | 1 · 1,029 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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DECAM KOELTECHNIEK
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Spiromatic
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COMPAGNIE BELGE DE VENTILATEURS
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Of 462 companies in sector 28250 we hold annual accounts for 284. 111 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-1981
Fiscal year end31-12
Activities, NACEBEL
28250Manufacture of machinery and equipment not elsewhere classified
71100
77110Renting and leasing of cars and light motor vehicles
68110Buying and selling of own real estate
70120
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.