Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2024; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 9.6 to 2.2.
Financials
Financial year 2024
DETAFORM from Menen, company number BE0423328190, closed financial year 2024 with a result of € -315,714 after tax. For that financial year DETAFORM recorded revenue of € 5,550 and equity of € 5.6 million. Compared with financial year 2023, the result moved from € 2.8 million to € -315,714. 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 October 10, 2025.
€ 5.6 million
▼ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -315,714
▼ still € 2.8 million profit in 2023
Profit after tax over the fiscal year.
€ 194,984
▼ 34% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5.5 million.
People and assets in 2024
2.2
▼ 7.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 237,810
▼ 58% vs 2023
€ 108,100 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.
€ 19,110
▼ 53% vs 2023
Of which on lease € 11,947.
Debts at end 2024
€ 1.8 million
€ 11,869 is repaid this year. At this pace the long-term loan is gone in ≈ 152 years.
€ 884,546
▲ 66% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1059 days on average.
€ 23,807
▼ 74% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 1,112,937 | € 671,756 | € 403,002 | € 5,550 | ▼ 99% |
| Profit after taxes | € 163,236 | € -138,282 | € 2,796,820 | € -315,714 | ▼ € 3.1 million |
| Equity | € 3,264,205 | € 3,125,922 | € 5,896,443 | € 5,580,729 | ▼ 5% |
| Total debts | € 4,986,832 | € 4,963,008 | € 5,666,659 | € 5,878,712 | ▲ 4% |
| Cash | € 58,652 | € 8,640 | € 293,398 | € 194,984 | ▼ 34% |
| Land & buildings | € 361,247 | € 354,844 | € 520,806 | € 518,507 | |
| Retained profit | € 3,127,905 | € 2,989,623 | € 5,786,443 | € 5,470,729 | ▼ 5% |
| Bank debt | € 1,869,622 | € 1,863,050 | € 1,825,496 | € 1,818,604 | |
| Balance sheet total | € 8,251,036 | € 8,088,930 | € 12,655,797 | € 12,542,880 | ▼ 1% |
| Employees (FTE) | 9.7 | 9.6 | 9.4 | 2.2 | ▼ 7.2 |
Key figures of DETAFORM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to DETAFORM?
What happened at DETAFORM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 315,714 (▼ € 3.1 million vs 2023). filed late Source: NBB ↗
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 163,236 profit in 2021 to € 315,714 loss in 2024.
Paid € 4,420 in corporate taxes since 2021.
Best year ever: 2023, with € 2.8 million profit.
Management
Behind DETAFORM are WAUDES CommV and David Desmet. It owns 100% of SC Rombel SRL, 100% of Hardwoods Maertens and 99.9% of Houtbuigerij G. Desmet itself.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Veldstraat 7
8930 Menen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0423.328.190
- VAT number
- BE 0423.328.190
- Registered office
- Veldstraat 7, 8930 Menen
- Names & denominations
- DETAFORM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1982
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
Vervaardiging van fineer en van panelen op basis van hout
Vervaardiging van panelen en platen van hout
Groothandel in hout
Detailhandel in andere huishoudelijke artikelen, neg
Vervaardiging van andere artikelen van hout
Detailhandel in andere huishoudelijke artikelen in gespecialiseerde winkels, n.e.g.