Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DESART INDUSTRIES from Lier, company number BE0421080166, closed financial year 2025 with a result of € -652,034 after tax. For that financial year DESART INDUSTRIES recorded a gross margin of € 3.3 million and equity of € 4.7 million. Compared with financial year 2024, the result moved from € 220,560 to € -652,034. 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 July 9, 2026.
€ 4.7 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -652,034
▼ still € 220,560 profit in 2024
Profit after tax over the fiscal year.
€ 422,836
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.5 million.
People and assets in 2025
40.9
▲ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.9 million
▲ 8% vs 2024
€ 71,200 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.
€ 80,799
▲ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▼ 19% vs 2024
€ 621,111 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 434,549
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 446,220
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,045,635 | € 4,221,951 | € 4,036,816 | € 3,273,743 | ▼ 19% |
| Profit after taxes | € -12,786 | € 595,429 | € 220,560 | € -652,034 | ▼ € 872,594 |
| Equity | € 4,990,391 | € 5,085,820 | € 5,306,380 | € 4,654,346 | ▼ 12% |
| Total debts | € 2,337,764 | € 3,457,571 | € 2,907,850 | € 2,732,578 | ▼ 6% |
| Cash | € 291,182 | € 630,703 | € 508,588 | € 422,836 | ▼ 17% |
| Land & buildings | € 1,422,722 | € 1,295,868 | € 1,250,305 | € 1,119,329 | ▼ 10% |
| Retained profit | € 4,865,391 | € 4,960,820 | € 5,181,380 | € 4,529,346 | ▼ 13% |
| Dividend | € 0 | € 500,000 | € 0 | € 0 | |
| Bank debt | € 865,891 | € 1,964,112 | € 1,933,333 | € 1,566,800 | ▼ 19% |
| Balance sheet total | € 7,420,411 | € 8,686,737 | € 8,346,652 | € 7,504,845 | ▼ 10% |
| Employees (FTE) | 37.4 | 37.6 | 38.4 | 40.9 | ▲ 2.5 |
Key figures of DESART INDUSTRIES, 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 DESART INDUSTRIES?
What happened at DESART INDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Decobu NV stepped down as director. NBB
- Philippe Buyse stepped down as director. NBB
- Mynos Commv stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 652,035 (▼ € 872,594 vs 2024). Source: NBB ↗
- Mynos Commv became a director. NBB
- Decobu NV became a director. NBB
- Philippe Buyse became a director. NBB
- New establishment in Lier. KBO
In short
From € 12,786 loss in 2022 to € 652,035 loss in 2025.
Paid € 280,270 in corporate taxes since 2022.
Best year ever: 2023, with € 595,429 profit.
On average € 80,000 of value added per employee in 2025.
Management
The stake of DECOBU comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DESART INDUSTRIESThe shares are held by DECOBU (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Coen Buyse
Also active at: BUYSE DECOLLETAGE, Decobu Immo
since 2023 · until 2029
since 2023 · until 2029
Director · represented by Stijn Van Damme
since 2024 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kelderveld 11
2500 Lier
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0421.080.166
- VAT number
- BE 0421.080.166
- Registered office
- Kelderveld 11, 2500 Lier
- Names & denominations
- DESART INDUSTRIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 1980
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- buysemetalworksgroup.be
- Activities · NACE
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