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 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEGO from Middelkerke, company number BE0424822584, closed financial year 2025 with a result of € 98,755 after tax. For that financial year DEGO recorded a gross margin of € 797,758 and equity of € 163,097. Compared with financial year 2024, the result moved from € 264,022 to € 98,755. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2026.
€ 163,097
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 98,755
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 134,293
▲ € 102,934 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 95,000 paid out
96 % of the profit went to the shareholders, mostly to GROEP DESMET (99 % of the shares). That is where the money ends up.
People and assets in 2025
2.2
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 117,068
▼ 12% vs 2024
€ 53,200 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.
€ 25,437
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.6 million
▼ 10% vs 2024
€ 554,167 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 335,304
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 57,427
▼ 62% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 707,718 | € 860,973 | € 1,167,574 | € 797,758 | ▼ 32% |
| Profit after taxes | € 162,009 | € 287,343 | € 264,022 | € 98,755 | ▼ 63% |
| Equity | € 137,977 | € 145,319 | € 159,341 | € 163,097 | ▲ 2% |
| Total debts | € 10,156,232 | € 9,499,423 | € 10,467,681 | € 10,141,622 | ▼ 3% |
| Cash | € 133,499 | € 4,598 | € 31,359 | € 134,293 | ▲ € 102,934 |
| Land & buildings | € 9,050,562 | € 8,563,517 | € 9,541,417 | € 9,326,697 | ▼ 2% |
| Retained profit | € 75,977 | € 83,319 | € 97,341 | € 101,097 | ▲ 4% |
| Dividend | € 160,000 | € 280,000 | € 250,000 | € 95,000 | ▼ 62% |
| Bank debt | € 8,328,004 | € 7,154,255 | € 7,387,771 | € 6,646,667 | ▼ 10% |
| Balance sheet total | € 10,359,209 | € 9,644,743 | € 10,627,022 | € 10,304,718 | ▼ 3% |
| Employees (FTE) | 1.7 | 1.6 | 2.3 | 2.2 | ▼ 0.1 |
Key figures of DEGO, 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 DEGO?
What happened at DEGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 98,755 (▼ 63% vs 2024). filed late Source: NBB ↗
- New establishment in Bredene. KBO
- Yannic Desmet became a director. NBB
- Groep Desmet BV became a director. NBB
- Jannick Vannieuwenhuyse became a director. NBB
- New establishment in Middelkerke. KBO
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 162,009 profit in 2022 to € 98,755 profit in 2025.
Paid € 290,520 in corporate taxes since 2022.
Best year ever: 2023, with € 287,343 profit.
On average € 362,600 of value added per employee in 2025.
A new publication or filing at DEGO? We notify you, reason included.
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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
The stake of GROEP DESMET comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DEGOBehind DEGO are Yannic Desmet, Groep Desmet BV and Jannick Vannieuwenhuyse. The shares are held by GROEP DESMET (99.1%).
Directors
According to the 2025 annual accounts
since 2023
Director · represented by Anthony Desmet
Also active at: OASIS, DESMET, DESMET YANNIC
since 2023
since 2023
Shareholders
99.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Cleyemeereweg 4
8432 Middelkerke
Oostendelaan 292
8430 Middelkerke
Active since 1 January 2019
Kinderlaan 19
8620 Nieuwpoort
Active since 1 January 2019
Koningin Astridlaan 15
8450 Bredene
Active since 15 February 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →OASIS same network
€ 422,189 gross margin · 2025
DESMET same network
€ 944,469 gross margin · 2024
DESMET YANNIC same network
€ 901,796 gross margin · 2025
GROEP DESMET same network
€ 44,432 gross margin · 2024
BTW-EENHEID DESMET
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.822.584
- VAT number
- BE 0424.822.584
- Registered office
- Cleyemeereweg 4, 8432 Middelkerke
- Names & denominations
- DEGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 1983
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Eetgelegenheden met beperkte bediening
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden