Financials
Financial year 2025
DESOTEC from Roeselare, company number BE0441856180, closed financial year 2025 with a result of € 6.6 million after tax. For that financial year DESOTEC recorded revenue of € 160.5 million and equity of € 52.3 million. Compared with financial year 2024, the result moved from € 9.5 million to € 6.6 million. 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 July 9, 2026.
€ 52.3 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.6 million
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 10.6 million
▲ 51% 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 € 18.3 million.
People and assets in 2025
228
▲ 15 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 18.8 million
▲ 8% vs 2024
€ 82,500 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.
€ 1.9 million
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 210 million
▲ 24% vs 2024
Loans from banks and other lenders, long and short.
€ 31.1 million
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 100 days on average.
€ 4.5 million
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 130,487,833 | € 140,110,695 | € 148,954,128 | € 160,509,443 | ▲ 8% |
| Profit after taxes | € 27,043,721 | € 14,450,116 | € 9,492,435 | € 6,636,119 | ▼ 30% |
| Equity | € 66,801,163 | € 53,663,594 | € 45,759,097 | € 52,263,810 | ▲ 14% |
| Total debts | € 46,682,480 | € 179,614,516 | € 233,111,125 | € 274,109,344 | ▲ 18% |
| Cash | € 5,294,390 | € 4,566,548 | € 7,001,499 | € 10,575,863 | ▲ 51% |
| Land & buildings | € 12,376,500 | € 12,258,417 | € 12,002,213 | € 11,734,899 | ▼ 2% |
| Retained profit | € 33,377,354 | € 19,384,958 | € 11,617,456 | € 18,253,575 | ▲ 57% |
| Dividend | € 6,200,000 | € 28,442,512 | € 17,259,938 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 120,000,000 | € 168,860,000 | € 210,000,000 | ▲ 24% |
| Balance sheet total | € 113,489,695 | € 233,287,673 | € 278,882,709 | € 326,387,828 | ▲ 17% |
| Employees (FTE) | 169.6 | 187.9 | 213 | 228 | ▲ 15 |
Key figures of DESOTEC, 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 DESOTEC?
What happened at DESOTEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- M&M and Partners stepped down as director. NBB
- Johan Craeye stepped down as director. NBB
- Sam.an.da Consulting BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6.6 million (▼ 30% vs 2024). Source: NBB ↗
- M&M and Partners became a director. NBB
- New establishment in Izegem. KBO
- Johan Craeye became a director. NBB
- Sam.an.da Consulting BV became a director. NBB
In short
From € 27 million profit in 2022 to € 6.6 million profit in 2025.
Paid € 16 million in corporate taxes since 2022.
Best year ever: 2022, with € 27 million profit.
Paid out € 51.9 million in dividends to the owners in total.
Management
The stake of David Bidco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DESOTECThe shares are held by David Bidco (100%). It owns 100% of Desotec UK Ltd, 100% of Desotec France SASU, 100% of Desotec US LLC, 100% of Desotec Deutschland GmbH and 100% of D.E.S.O.T.E.C. FRANSE SASU itself.
Directors
According to the 2025 annual accounts
Director, Managing director · represented by Pieterjan Goedertier
Also active at: D.E.S.O.T.E.C. INTERNATIONAL, David Bidco
since 2023 · until 2028
since 2024 · until 2030
Director, Managing director · represented by Mark Thys
Also active at: Renewi Wood Products, ECO-SMART, RENEWI BELGIUM, Renewi +, Renewi, RENEWI VALORISATION & QUARRY, Renewi Shared Services Center, Renewi Logistics +3 more
since 2025 · until 2031
Shareholders
100%
Participations
Desotec UK Ltd
100%
Desotec France SASU
100%
Desotec US LLC
100%
Desotec Deutschland GmbH
100%
D.E.S.O.T.E.C. FRANSE SASU
100%
Establishments
Establishment units
Physical locations of this company
Regenbeekstraat 44
8800 Roeselare
Schardouwstraat 3
8870 Izegem
Active since 1 July 2008
Regenbeekstraat 21
8800 Roeselare
Active since 1 July 2006
Mandelstraat 28
8800 Roeselare
Active since 1 July 2015
Schardouwstraat 5
8870 Izegem
Active since 1 July 2016
Regenbeekstraat 46
8800 Roeselare
Active since 1 January 2016
Regenbeekstraat 62
8800 Roeselare
Active since 28 January 2020
Schardouwstraat 7
8870 Izegem
Active since 1 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0441.856.180
- VAT number
- BE 0441.856.180
- Registered office
- Regenbeekstraat 44, 8800 Roeselare
- Names & denominations
- DESOTEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 November 1990
- Peppol
- Active · Active since 20 May 2026
- Activities · NACE
Groothandel in andere intermediaire producten, neg
Vervaardiging van andere organische chemische basisproducten
Groothandel in andere intermediaire producten, n.e.g.
Groothandel in chemische producten voor industrieel gebruik
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
Terugwinning van materialen uit afval
Overige detailhandel in nieuwe artikelen neg
Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval
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