Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.5 to 2.9.
Financials
Financial year 2025
DESMET ELEKTRO from Ledegem, company number BE0452305654, closed financial year 2025 with a result of € -182,431 after tax. For that financial year DESMET ELEKTRO recorded a gross margin of € -11,642 and equity of € 246,725. Compared with financial year 2024, the result moved from € 149,382 to € -182,431. The company made a loss. The buffer shrank hard: equity is 63 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 246,725
▼ 63% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -182,431
▼ still € 149,382 profit in 2024
Profit after tax over the fiscal year.
€ 88,852
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 234,870.
People and assets in 2025
2.9
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 150,148
▼ 46% vs 2024
€ 51,800 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.
€ 52,715
▲ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 203,762
▼ 23% vs 2024
€ 49,542 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 124,166
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,140
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 732,183 | € 591,163 | € 583,818 | € -11,642 | ▼ € 595,460 |
| Profit after taxes | € 127,591 | € 54,052 | € 149,382 | € -182,431 | ▼ € 331,813 |
| Equity | € 494,938 | € 548,990 | € 673,372 | € 246,725 | ▼ 63% |
| Total debts | € 487,689 | € 630,377 | € 486,880 | € 425,219 | ▼ 13% |
| Cash | € 137,930 | € 150,549 | € 97,929 | € 88,852 | ▼ 9% |
| Retained profit | € 476,338 | € 530,390 | € 654,772 | € 234,870 | ▼ 64% |
| Dividend | € 0 | € 0 | € 25,000 | € 0 | ▼ 100% |
| Bank debt | € 240,136 | € 325,762 | € 264,201 | € 203,762 | ▼ 23% |
| Balance sheet total | € 982,627 | € 1,179,367 | € 1,160,252 | € 671,944 | ▼ 42% |
| Employees (FTE) | 7.1 | 5.5 | 4.2 | 2.9 | ▼ 1.3 |
Key figures of DESMET ELEKTRO, 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 DESMET ELEKTRO?
What happened at DESMET ELEKTRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 182,431 (▼ € 331,813 vs 2024). Source: NBB ↗
- New establishment in Ledegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 127,591 profit in 2022 to € 182,431 loss in 2025.
Paid € 125,108 in corporate taxes since 2022.
Best year ever: 2024, with € 149,382 profit.
On average € 139,000 of value added per employee in 2024.
Management
Behind DESMET ELEKTRO are CRUYDT MAXIM BV and MALEMPA BV. CRUYDT MAXIM BV is also behind Malempa.
Directors
According to the 2025 annual accounts
Director · represented by PATRICK DESMET
Establishments
Establishment units
Physical locations of this company
Nijverheidslaan 8 box B
8880 Ledegem
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
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0452.305.654
- VAT number
- BE 0452.305.654
- Registered office
- Nijverheidslaan 8 bus B, 8880 Ledegem
- Names & denominations
- DESMET ELEKTRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 March 1994
- Peppol
- Active · Active since 4 Dec 2025
- Contact
- desmet-elektro.be
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie