Financials
Financial year 2025
TEMSED from Ninove, company number BE0439585687, closed financial year 2025 with a result of € 415,698 after tax. For that financial year TEMSED recorded a gross margin of € 1.9 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 800,678 to € 415,698. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 3.4 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 415,698
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 942,491
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
36 % of the profit went to the shareholders, mostly to DESMET MANAGEMENT (100 % of the shares). That is where the money ends up.
People and assets in 2025
€ 580,706
▼ 20% vs 2024
Of which on lease € 580,706.
Debts at end 2025
€ 13.4 million
▲ 105% vs 2024
€ 838,825 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 199,894
▲ € 158,646 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,285
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,489,652 | € 1,715,473 | € 1,759,443 | € 1,864,743 | ▲ 6% |
| Profit after taxes | € 349,731 | € 672,268 | € 800,678 | € 415,698 | ▼ 48% |
| Equity | € 3,162,569 | € 2,834,837 | € 3,135,515 | € 3,401,213 | ▲ 8% |
| Total debts | € 7,209,931 | € 9,158,607 | € 7,096,032 | € 13,870,452 | ▲ 95% |
| Cash | € 346,621 | € 102,451 | € 2,291,758 | € 942,491 | ▼ 59% |
| Land & buildings | € 8,025,420 | € 9,256,562 | € 6,593,888 | € 13,957,847 | ▲ 112% |
| Retained profit | € 2,475,278 | € 2,147,546 | € 2,448,224 | € 2,713,922 | ▲ 11% |
| Dividend | € 100,000 | € 1,000,000 | € 500,000 | € 150,000 | ▼ 70% |
| Bank debt | € 7,084,838 | € 7,274,229 | € 6,543,827 | € 13,447,356 | ▲ 105% |
| Balance sheet total | € 10,372,500 | € 11,993,445 | € 10,231,547 | € 17,271,665 | ▲ 69% |
Key figures of TEMSED, 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 TEMSED?
What happened at TEMSED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ELISE DESMET stepped down as director. NBB
- STIJN DESMET stepped down as director. NBB
- DESMET MANAGEMENT BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 415,698 (▼ 48% vs 2024). Source: NBB ↗
- ELISE DESMET became a director. NBB
- STIJN DESMET became a director. NBB
- DESMET MANAGEMENT BV became a director. NBB
- New establishment in Ninove. KBO
In short
From € 349,731 profit in 2022 to € 415,698 profit in 2025.
Paid € 762,041 in corporate taxes since 2022.
Best year ever: 2024, with € 800,678 profit.
Paid out € 1.8 million in dividends to the owners in total.
Management
The stake of DESMET MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TEMSEDThe shares are held by DESMET MANAGEMENT (100%).
Directors
According to the 2025 annual accounts
ELISE DESMET
Director
since 2021 · until 2027
since 2021 · until 2027
Managing director · represented by IGNAAS DESMET
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nederwijk-Oost 271
9400 Ninove
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
Barracuda
Hosting
UPCLOUD, FI
Website info
Features
Security
Network
Details
- Company number
- 0439.585.687
- VAT number
- BE 0439.585.687
- Registered office
- Nederwijk-Oost 271, 9400 Ninove
- Names & denominations
- TEMSED
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 1980
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- zelfbouwmarkt.be
- Activities · NACE
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