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 34 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
DESMET from Middelkerke, company number BE0439566386, closed financial year 2024 with a result of € 589,604 after tax. For that financial year DESMET recorded a gross margin of € 944,469 and equity of € 297,910. Compared with financial year 2023, the result moved from € -34,956 to € 589,604. Profitable, and profit is growing. 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 October 9, 2025.
€ 297,910
▲ € 239,604 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 589,604
▲ still € 34,956 loss in 2023
Profit after tax over the fiscal year.
€ 38,782
▼ 73% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 350,000 paid out
59 % of the profit went to the shareholders, mostly to GROEP DESMET (100 % of the shares). That is where the money ends up.
People and assets in 2024
2.3
Average over the fiscal year, from the social balance sheet.
€ 52,166
▼ 30% vs 2023
€ 22,700 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.
€ 51,806
▼ 21% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.5 million
▲ 247% vs 2023
€ 74,687 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 408,675
▲ 21% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 61,263
▲ 8% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 161,784 | € 219,298 | € 232,947 | € 944,469 | ▲ € 711,522 |
| Profit after taxes | € 26,512 | € 59,188 | € -34,956 | € 589,604 | ▲ € 624,560 |
| Equity | € 34,074 | € 93,262 | € 58,306 | € 297,910 | ▲ € 239,604 |
| Total debts | € 693,752 | € 2,291,749 | € 3,501,047 | € 5,396,730 | ▲ 54% |
| Cash | € 9,851 | € 89,920 | € 144,437 | € 38,782 | ▼ 73% |
| Land & buildings | € 546,796 | € 622,808 | € 718,728 | € 1,817,191 | ▲ 153% |
| Retained profit | € -213,819 | € -154,632 | € -189,588 | € 50,016 | ▲ € 239,604 |
| Dividend | € 0 | € 0 | € 0 | € 350,000 | |
| Bank debt | € 131,930 | € 475,000 | € 439,319 | € 1,526,275 | ▲ 247% |
| Balance sheet total | € 727,826 | € 2,385,011 | € 3,559,353 | € 5,694,640 | ▲ 60% |
| Employees (FTE) | 1.9 | - | - | 2.3 |
Key figures of 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 DESMET?
What happened at DESMET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 589,604. filed late Source: NBB ↗
- Groep Desmet BV became a director. NBB
- Jannick Vannieuwenhuyse became a director. NBB
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,512 profit in 2021 to € 589,604 profit in 2024.
Paid € 69,209 in corporate taxes since 2021.
Best year ever: 2024, with € 589,604 profit.
On average € 410,600 of value added per employee in 2024.
A new publication or filing at 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 GROEP DESMET comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DESMETBehind DESMET are Yannic Desmet, Groep Desmet BV and Jannick Vannieuwenhuyse. The shares are held by GROEP DESMET (99.8%).
Directors
According to the 2024 annual accounts
since 2023
since 2023
Shareholders
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Cleyemeereweg 4
8432 Middelkerke
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
DEGO same network
€ 797,758 gross margin · 2025
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
- 0439.566.386
- VAT number
- BE 0439.566.386
- Registered office
- Cleyemeereweg 4, 8432 Middelkerke
- Names & denominations
- DESMET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 1990
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Fokken en houden van paarden en andere paardachtigen
Fokken en houden van schapen en geiten
Schapen-, geiten-, paarden-, ezel-, muildieren- of muilezelhouderij
Groothandel in levend vee
Groothandel in levende dieren