Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 36.1 to 32.4.
Financials
Financial year 2024
HOUTBUIGERIJ G. DESMET from Menen, company number BE0429715443, closed financial year 2024 with a result of € 430,780 after tax. For that financial year HOUTBUIGERIJ G. DESMET recorded a gross margin of € 2.5 million and equity of € 1.7 million. Compared with financial year 2023, the result moved from € -157,419 to € 430,780. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2025.
€ 1.7 million
▲ 34% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 430,780
▲ still € 157,419 loss in 2023
Profit after tax over the fiscal year.
€ 16,737
▼ 78% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 699,804.
People and assets in 2024
32.4
▼ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2 million
▼ 7% vs 2023
€ 61,400 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.
€ 27,400
▼ 53% vs 2023
Of which on lease € 13,777.
Debts at end 2024
€ 2.9 million
▲ 4% vs 2023
€ 197,018 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 833,119
▼ 19% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 272,096
▼ 34% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 14,988,623 | - | - | - | |
| Gross margin | - | € 2,419,591 | € 2,532,339 | € 2,526,573 | |
| Profit after taxes | € 103,125 | € -140,615 | € -157,419 | € 430,780 | ▲ € 588,200 |
| Equity | € 1,570,307 | € 1,429,692 | € 1,272,273 | € 1,703,053 | ▲ 34% |
| Total debts | € 2,256,295 | € 3,869,362 | € 4,609,627 | € 4,479,840 | ▼ 3% |
| Cash | € 1,041,611 | € 662,558 | € 77,032 | € 16,737 | ▼ 78% |
| Land & buildings | € 199,496 | € 1,367,987 | € 1,492,485 | € 1,428,632 | ▼ 4% |
| Retained profit | € 567,058 | € 426,443 | € 269,023 | € 699,804 | ▲ 160% |
| Dividend | € 55,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 292,553 | € 2,152,716 | € 2,754,768 | € 2,865,640 | ▲ 4% |
| Balance sheet total | € 3,841,736 | € 5,310,946 | € 5,890,229 | € 6,297,256 | ▲ 7% |
| Employees (FTE) | 40.4 | 36.1 | 32.5 | 32.4 | ▼ 0.1 |
Key figures of HOUTBUIGERIJ G. DESMET, 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 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 2024: profit of € 430,780. 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 € 103,125 profit in 2021 to € 430,780 profit in 2024.
Paid € 95,855 in corporate taxes since 2021.
Best year ever: 2024, with € 430,780 profit.
On average € 78,000 of value added per employee in 2024.
A new publication or filing at HOUTBUIGERIJ G. DESMET? 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 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 2024 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
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Zagen en schaven van hout