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 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DES from Schilde, company number BE0440873710, closed financial year 2025 with a result of € 663,657 after tax. For that financial year DES recorded a gross margin of € 6.5 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € -542,331 to € 663,657. 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 July 31, 2026.
€ 4.6 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 663,657
▲ still € 542,331 loss in 2024
Profit after tax over the fiscal year.
€ 142,295
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.8 million.
People and assets in 2025
€ 81,258
▲ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14.2 million
▼ 10% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1.5 million
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,309
▲ 8% vs 2024
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 | € 2,738,201 | € 4,945,057 | € 5,718,598 | € 6,458,907 | ▲ 13% |
| Profit after taxes | € -1,523,546 | € -1,121,532 | € -542,331 | € 663,657 | ▲ € 1.2 million |
| Equity | € 6,080,980 | € 4,697,502 | € 4,081,963 | € 4,630,162 | ▲ 13% |
| Total debts | € 20,992,182 | € 20,617,302 | € 20,550,764 | € 18,480,635 | ▼ 10% |
| Cash | € 47,846 | € 64,060 | € 193,144 | € 142,295 | ▼ 26% |
| Land & buildings | € 21,929,019 | € 20,872,380 | € 19,949,319 | € 17,498,420 | ▼ 12% |
| Retained profit | € 3,817,268 | € 2,695,736 | € 2,153,405 | € 2,817,061 | ▲ 31% |
| Bank debt | € 17,503,732 | € 16,429,638 | € 15,825,712 | € 14,212,403 | ▼ 10% |
| Balance sheet total | € 30,385,426 | € 28,429,083 | € 27,655,511 | € 26,158,738 | ▼ 5% |
Key figures of DES, 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 DES?
What happened at DES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Luca DRIJVERS stepped down as director. NBB
- Serge DRIJVERS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 663,657. Source: NBB ↗
- New establishment in Schilde. KBO
- New establishment in Anderlecht. KBO
- New establishment in Anderlecht. KBO
- Luca DRIJVERS became a director. NBB
- Serge DRIJVERS became a director. NBB
In short
From € 1.5 million loss in 2022 to € 663,657 profit in 2025.
Paid € 528,019 in corporate taxes since 2022.
Best year ever: 2025, with € 663,657 profit.
Management
It owns 50% of TOF Belgium Real Estate itself.
Directors
According to the 2025 annual accounts
Luca DRIJVERS
Director
Also active at: EGLANTIER, DE WEER, GRANY, ALBINO, IMMOVAP, IMMOBILIERE DES CINQ VALLEES, NORTH TRADE BUILDING, GROND NTB +1 more
since 2020 · until 2026
Serge DRIJVERS
Managing director
Also active at: EGLANTIER, DE WEER, DE AFSLUITER, GRANY, ALBINO, TOF Belgium Real Estate, I.NA - IMMOBILIERE NAMUROISE, IMMOVAP +9 more
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Begonialaan 17
2970 Schilde
Lennikse Baan 451
1070 Anderlecht
Active since 10 February 2022
Researchdreef 63
1070 Anderlecht
Active since 10 February 2022
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 →DE AFSLUITER same network
€ -5,922 gross margin · 2025
GRANY same network
€ 13,545 gross margin · 2025
ALBINO same network
€ 1.1 million gross margin · 2025
IMMOVAP same network
€ 44,701 gross margin · 2025
IMMOBILIERE DES CINQ VALLEES same network
€ 44,577 gross margin · 2025
+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
- 0440.873.710
- VAT number
- BE 0440.873.710
- Registered office
- Begonialaan 17, 2970 Schilde
- Names & denominations
- DES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 1990
- Peppol
- Active · Active since 7 Nov 2025
- Activities · NACE
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