Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
HOUTHANDEL DESMET from Tielt, company number BE0418979523, closed financial year 2025 with a result of € -37,131 after tax. For that financial year HOUTHANDEL DESMET recorded a gross margin of € 290,658 and equity of € 210,712. Compared with financial year 2024, the result moved from € -41,787 to € -37,131. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 210,712
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,131
▲ 11 % less loss than in 2024
Profit after tax over the fiscal year.
€ 48,254
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10,712.
People and assets in 2025
5
Average over the fiscal year, from the social balance sheet.
€ 258,660
▲ 5% vs 2024
€ 51,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 79,753
▼ 26% vs 2024
Of which on lease € 48,073.
Debts at end 2025
€ 71,505
▼ 38% vs 2024
€ 37,471 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 99,634
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,584
▲ 101% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 392,714 | € 288,099 | € 275,074 | € 290,658 | ▲ 6% |
| Profit after taxes | € 49,335 | € -78,993 | € -41,787 | € -37,131 | ▲ € 4,656 |
| Equity | € 368,623 | € 289,630 | € 247,843 | € 210,712 | ▼ 15% |
| Total debts | € 368,621 | € 356,579 | € 345,526 | € 311,798 | ▼ 10% |
| Cash | € 118,381 | € 108,069 | € 98,189 | € 48,254 | ▼ 51% |
| Retained profit | € 168,623 | € 89,630 | € 47,843 | € 10,712 | ▼ 78% |
| Bank debt | € 177,687 | € 128,050 | € 114,653 | € 71,505 | ▼ 38% |
| Balance sheet total | € 737,244 | € 646,209 | € 593,369 | € 522,510 | ▼ 12% |
| Employees (FTE) | 6 | 6 | 5 | 5 |
Key figures of HOUTHANDEL DESMET, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HOUTHANDEL DESMET?
What happened at HOUTHANDEL DESMET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,131. Source: NBB ↗
- Flor Vanstaen became a director. NBB
- New establishment in Tielt. KBO
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,335 profit in 2022 to € 37,131 loss in 2025.
Paid € 13,227 in corporate taxes since 2022.
Best year ever: 2022, with € 49,335 profit.
On average € 58,100 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind HOUTHANDEL DESMET is Flor Vanstaen.
Directors
According to the 2025 annual accounts
Flor Vanstaen
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Kasteeldreef 10
8760 Tielt
Kasteeldreef 16
8760 Tielt
Active since 1 February 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.979.523
- VAT number
- BE 0418.979.523
- Registered office
- Kasteeldreef 10, 8760 Tielt
- Names & denominations
- HOUTHANDEL DESMET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1978
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Groothandel in hout
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Groothandel in bouwmaterialen, algemeen assortiment