Financials
Financial year 2025
Loonwerken DESMET from Ieper, company number BE0477395002, closed financial year 2025 with a result of € 1,444 after tax. For that financial year Loonwerken DESMET recorded a gross margin of € 79,392 and equity of € 303,801. Compared with financial year 2024, the result moved from € 57,441 to € 1,444. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 24, 2025.
€ 303,801
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,444
▼ 97% vs 2024
Profit after tax over the fiscal year.
€ 88,610
▲ 28% 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 € 285,201.
People and assets in 2025
€ 18,230
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,944
▼ 71% vs 2024
Loans from banks and other lenders, long and short.
€ 4,411
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,660
▲ 30% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,185 | € 142,010 | € 138,068 | € 79,392 | ▼ 42% |
| Profit after taxes | € 24,322 | € 87,484 | € 57,441 | € 1,444 | ▼ 97% |
| Equity | € 157,431 | € 244,915 | € 302,356 | € 303,801 | |
| Total debts | € 5,861 | € 49,570 | € 28,469 | € 13,071 | ▼ 54% |
| Cash | € 77,493 | € 100,406 | € 69,247 | € 88,610 | ▲ 28% |
| Retained profit | € 138,831 | € 226,315 | € 283,756 | € 285,201 | ▲ 1% |
| Bank debt | € 0 | € 40,278 | € 23,611 | € 6,944 | ▼ 71% |
| Balance sheet total | € 163,292 | € 308,548 | € 358,102 | € 337,299 | ▼ 6% |
Key figures of Loonwerken DESMET, 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 October 2026.
What happened to Loonwerken DESMET?
What happened at Loonwerken DESMET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,444 (▼ 97% vs 2024). Source: NBB ↗
- Geert Desmet became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
- Frederik Desmet became a director. NBB
In short
From € 24,322 profit in 2022 to € 1,444 profit in 2025.
Paid € 22,170 in corporate taxes since 2022.
Best year ever: 2023, with € 87,484 profit.
A new publication or filing at Loonwerken DESMET? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Loonwerken DESMET are Geert Desmet and Frederik Desmet.
Directors
According to the 2025 annual accounts
Geert Desmet
Director
since 2006
Frederik Desmet
Director
since 2002
Establishments
Establishment units
Physical locations of this company
Elzenwallestraat 1
8902 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.395.002
- VAT number
- BE 0477.395.002
- Registered office
- Elzenwallestraat 1, 8902 Ieper
- Names & denominations
- Loonwerken DESMET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2002
- Peppol
- Active · Active since 15 May 2025
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken