DEGRO is an earthmoving contractor in Ieper. Private Limited, started on 26 April 1991, 1 establishment.

What is the address of DEGRO?

The registered office of DEGRO is located at Rozendaalstraat 111, 8900 Ieper.

Is DEGRO still active?

Yes. According to the CBE (29 October 2026) DEGRO is active, legal situation “Normale toestand”, started on 26 April 1991.

Is DEGRO registered on Peppol?

Yes, DEGRO is registered on the Peppol network with ID 0208:0444035910.

What is the enterprise number of DEGRO?

The enterprise number of DEGRO is BE0444035910.

When was DEGRO founded?

DEGRO was founded on 26 April 1991.

Who are the directors of DEGRO?

According to the 2026 annual accounts, the directors of DEGRO are: Gilles DESOT, Floris DESOT, Wilfried DESOT, FLAMGI BV.

Is DEGRO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 April 1991; 5 annual accounts filed, latest fiscal year 2026; 4 directors known from the annual account.

How much profit did DEGRO make in 2026?

DEGRO posted a profit after taxes of € 154,320 in financial year 2026.

What is the revenue of DEGRO?

In its most recent annual accounts (2026), DEGRO reported revenue of € 13,077,612.

How much does an employee at DEGRO earn?

The average wage cost per full-time employee at DEGRO was € 68,200 in 2026: staff costs of € 2.3 million for 33.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DEGRO have?

According to the 2026 annual accounts, DEGRO has 33.3 full-time equivalents (FTE).

DEGRO (Private Limited) - Ieper - BE0444035910

Dossier DEGRO, printed on 29 October 2026 from databakkes.be/en/0444035910/degro. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2026

DEGRO from Ieper, company number BE0444035910, closed financial year 2026 with a result of € 154,320 after tax. For that financial year DEGRO recorded revenue of € 13.1 million and equity of € 6.4 million. Compared with financial year 2025, the result moved from € 1.2 million to € 154,320. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.

What it is worth Healthy

€ 6.4 million

▼ 33% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 154,320

▼ 87% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 2.9 million

▲ 4% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2026

Full-time equivalents

33.3

▼ 2.9 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4.7 million in 2026, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.3 million

€ 68,200 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.

Vehicles and equipment

€ 1.3 million

▼ 71% vs 2025

Of which on lease € 1.2 million.

Debts at end 2026

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 5.1 million

▼ 38% vs 2025

€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 1.9 million

▼ 5% vs 2025

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 81 days on average.

Taxes and wages

€ 102,525

▼ 52% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Revenue	€ 13,072,065 Revenue 2023: € 13,072,065 First fiscal year in the series	€ 13,927,918 Revenue 2024: € 13,927,918 ▲ 7% vs 2023 (€ 13,072,065) Favourable step	€ 13,584,454 Revenue 2025: € 13,584,454 ▼ 2% vs 2024 (€ 13,927,918) Unfavourable step	€ 13,077,612 Revenue 2026: € 13,077,612 ▼ 4% vs 2025 (€ 13,584,454) Unfavourable step	▼ 4%
Profit after taxes	€ 531,842 Profit after taxes 2023: € 531,842 First fiscal year in the series	€ 824,546 Profit after taxes 2024: € 824,546 ▲ 55% vs 2023 (€ 531,842) Favourable step	€ 1,157,156 Profit after taxes 2025: € 1,157,156 ▲ 40% vs 2024 (€ 824,546) Favourable step	€ 154,320 Profit after taxes 2026: € 154,320 ▼ 87% vs 2025 (€ 1,157,156) Unfavourable step	▼ 87%
Equity	€ 8,460,608 Equity 2023: € 8,460,608 First fiscal year in the series	€ 9,285,154 Equity 2024: € 9,285,154 ▲ 10% vs 2023 (€ 8,460,608) Favourable step	€ 9,442,309 Equity 2025: € 9,442,309 ▲ 2% vs 2024 (€ 9,285,154) Favourable step	€ 6,355,260 Equity 2026: € 6,355,260 ▼ 33% vs 2025 (€ 9,442,309) Unfavourable step	▼ 33%
Total debts	€ 8,055,386 Total debts 2023: € 8,055,386 First fiscal year in the series	€ 9,163,574 Total debts 2024: € 9,163,574 ▲ 14% vs 2023 (€ 8,055,386) Unfavourable step	€ 10,612,339 Total debts 2025: € 10,612,339 ▲ 16% vs 2024 (€ 9,163,574) Unfavourable step	€ 8,303,911 Total debts 2026: € 8,303,911 ▼ 22% vs 2025 (€ 10,612,339) Favourable step	▼ 22%
Cash	€ 2,819,103 Cash 2023: € 2,819,103 First fiscal year in the series	€ 3,803,479 Cash 2024: € 3,803,479 ▲ 35% vs 2023 (€ 2,819,103) Favourable step	€ 2,782,397 Cash 2025: € 2,782,397 ▼ 27% vs 2024 (€ 3,803,479) Unfavourable step	€ 2,883,551 Cash 2026: € 2,883,551 ▲ 4% vs 2025 (€ 2,782,397) Favourable step	▲ 4%
Land & buildings	€ 529,091 Land & buildings 2023: € 529,091 First fiscal year in the series	€ 1,652,223 Land & buildings 2024: € 1,652,223 ▲ 212% vs 2023 (€ 529,091) Unchanged	€ 3,154,799 Land & buildings 2025: € 3,154,799 ▲ 91% vs 2024 (€ 1,652,223) Unchanged	€ 2,705,057 Land & buildings 2026: € 2,705,057 ▼ 14% vs 2025 (€ 3,154,799) Unchanged	▼ 14%
Retained profit	€ 8,415,908 Retained profit 2023: € 8,415,908 First fiscal year in the series	€ 9,240,454 Retained profit 2024: € 9,240,454 ▲ 10% vs 2023 (€ 8,415,908) Favourable step	€ 9,397,609 Retained profit 2025: € 9,397,609 ▲ 2% vs 2024 (€ 9,240,454) Favourable step	€ 6,321,171 Retained profit 2026: € 6,321,171 ▼ 33% vs 2025 (€ 9,397,609) Unfavourable step	▼ 33%
Dividend	€ 0 Dividend 2023: € 0 First fiscal year in the series	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 1,000,000 Dividend 2025: € 1,000,000 Unchanged (€ 0) Unchanged	€ 1,000,000 Dividend 2026: € 1,000,000 Unchanged (€ 1,000,000) Unchanged
Bank debt	€ 6,216,627 Bank debt 2023: € 6,216,627 First fiscal year in the series	€ 7,536,540 Bank debt 2024: € 7,536,540 ▲ 21% vs 2023 (€ 6,216,627) Unfavourable step	€ 8,221,533 Bank debt 2025: € 8,221,533 ▲ 9% vs 2024 (€ 7,536,540) Unfavourable step	€ 5,122,243 Bank debt 2026: € 5,122,243 ▼ 38% vs 2025 (€ 8,221,533) Favourable step	▼ 38%
Balance sheet total	€ 16,515,994 Balance sheet total 2023: € 16,515,994 First fiscal year in the series	€ 18,448,728 Balance sheet total 2024: € 18,448,728 ▲ 12% vs 2023 (€ 16,515,994) Unchanged	€ 20,054,648 Balance sheet total 2025: € 20,054,648 ▲ 9% vs 2024 (€ 18,448,728) Unchanged	€ 14,659,171 Balance sheet total 2026: € 14,659,171 ▼ 27% vs 2025 (€ 20,054,648) Unchanged	▼ 27%
Employees (FTE)	41 Employees (FTE) 2023: 41 First fiscal year in the series	31.9 Employees (FTE) 2024: 31.9 ▼ 9.1 vs 2023 (41) Unchanged	36.2 Employees (FTE) 2025: 36.2 ▲ 4.3 vs 2024 (31.9) Unchanged	33.3 Employees (FTE) 2026: 33.3 ▼ 2.9 vs 2025 (36.2) Unchanged	▼ 2.9

Key figures of DEGRO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to DEGRO?

What happened at DEGRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 28, 2026 New annual accounts for financial year 2026: profit of € 154,320 (▼ 87% vs 2025). Source: NBB ↗
May 15, 1991 New establishment in Ieper. KBO
Apr 26, 1991 Start of the company according to the CBE. KBO

In short

From € 531,842 profit in 2023 to € 154,320 profit in 2026.

Paid € 659,571 in corporate taxes since 2023.

Best year ever: 2025, with € 1.2 million profit.

Paid out € 2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

DEGRO GROEP 100%

The stake of DEGRO GROEP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

DEGRO

Behind DEGRO are Gilles DESOT, Floris DESOT, Wilfried DESOT and FLAMGI BV. The shares are held by DEGRO GROEP (100%).

Directors

According to the 2026 annual accounts

Gilles DESOT

Director

Also active at: FORTAN MANAGEMENT

Floris DESOT

Director

Also active at: FORTAN MANAGEMENT, Degrocon, Infrassist, DEGRO GROEP

Wilfried DESOT

Director

FLAMGI BV

Director · represented by Lode DESOT

Also active at: FORTAN MANAGEMENT, ARCTURO, Degrocon, Infrassist, DEGRO GROEP

Shareholders

DEGRO GROEP

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rozendaalstraat 111

8900 Ieper

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 →

FORTAN MANAGEMENT same network

€ 456,528 gross margin · 2025

Groep Degro

Infrassist same network

€ 1.5 million gross margin · 2025

DEGRO GROEP same network

€ 455,000 revenue · 2025

Tijdelijke Maatschap Degro - Martens

+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

0444.035.910

VAT number

BE 0444.035.910

Registered office

Rozendaalstraat 111, 8900 Ieper

Names & denominations

DEGRO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

26 April 1991

Peppol

Active · Active since 29 Aug 2023

Activities · NACE

Bouwrijp maken van terreinen

Grondverzet

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde werkzaamheden in de bouw

Overige gespecialiseerde bouwwerkzaamheden

Landschapsverzorging

Bouw van autowegen en andere wegen

Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

DEGRO

Financials

What happened to DEGRO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions