Financials
Financial year 2025
HOUTBUIGERIJ G. DESMET from Menen, company number BE0429715443, closed financial year 2025 with a result of € -14,365 after tax. For that financial year HOUTBUIGERIJ G. DESMET recorded a gross margin of € 2 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 430,780 to € -14,365. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 1.7 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,365
▼ still € 430,780 profit in 2024
Profit after tax over the fiscal year.
€ 101,614
▲ € 84,878 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 685,438.
People and assets in 2025
32.4
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 17% vs 2024
€ 51,200 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.
€ 22,792
▼ 17% vs 2024
Of which on lease € 5,047.
Debts at end 2025
€ 2.7 million
▼ 7% vs 2024
€ 196,806 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 830,114
Supplier invoices still open on the last day of the fiscal year.
€ 198,025
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,419,591 | € 2,532,339 | € 2,526,573 | € 2,024,084 | ▼ 20% |
| Profit after taxes | € -140,615 | € -157,419 | € 430,780 | € -14,365 | ▼ € 445,146 |
| Equity | € 1,429,692 | € 1,272,273 | € 1,703,053 | € 1,688,688 | ▼ 1% |
| Total debts | € 3,869,362 | € 4,609,627 | € 4,479,840 | € 4,256,402 | ▼ 5% |
| Cash | € 662,558 | € 77,032 | € 16,737 | € 101,614 | ▲ € 84,878 |
| Land & buildings | € 1,367,987 | € 1,492,485 | € 1,428,632 | € 1,422,640 | |
| Retained profit | € 426,443 | € 269,023 | € 699,804 | € 685,438 | ▼ 2% |
| Bank debt | € 2,152,716 | € 2,754,768 | € 2,865,640 | € 2,654,893 | ▼ 7% |
| Balance sheet total | € 5,310,946 | € 5,890,229 | € 6,297,256 | € 6,050,922 | ▼ 4% |
| Employees (FTE) | 36.1 | 32.5 | 32.4 | 32.4 |
Key figures of HOUTBUIGERIJ G. 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 HOUTBUIGERIJ G. DESMET?
What happened at HOUTBUIGERIJ G. DESMET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DETAFORM NV stepped down as director. NBB
- David Desmet stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 14,365 (▼ € 445,146 vs 2024). filed late Source: NBB ↗
- DETAFORM NV became a director. NBB
- David Desmet became a director. NBB
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 140,615 loss in 2022 to € 14,365 loss in 2025.
Paid € 57,327 in corporate taxes since 2022.
Best year ever: 2024, with € 430,780 profit.
On average € 62,500 of value added per employee in 2025.
Management
The stake of DETAFORM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HOUTBUIGERIJ G. DESMETThe shares are held by DETAFORM (99.9%).
Directors
According to the 2025 annual accounts
since 2021 · until 2027
since 2021 · until 2027
Shareholders
99.9%
Participations
No participations in other companies reported.
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
Cloudflare DNS
Website info
Features
Security
Details
- Company number
- 0429.715.443
- VAT number
- BE 0429.715.443
- Registered office
- Veldstraat 7, 8930 Menen
- Names & denominations
- HOUTBUIGERIJ G. DESMET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 1986
- Peppol
- Active · Active since 28 Nov 2024
- Contact
- g-desmet.be
- Activities · NACE
Vervaardiging van stoelen en zitmeubelen voor woningen en kantoren
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