Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 16.1 to 11.8.
Financials
Financial year 2025
GROUP DESMET from Harelbeke, company number BE0479854149, closed financial year 2025 with a result of € 665 after tax. For that financial year GROUP DESMET recorded a gross margin of € 771,534 and equity of € 53,150. Compared with financial year 2024, the result moved from € -134,871 to € 665. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 53,150
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 665
▲ still € 134,871 loss in 2024
Profit after tax over the fiscal year.
€ 137,450
▲ 227% 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 € 46,950.
People and assets in 2025
11.8
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 704,190
▼ 14% vs 2024
€ 59,700 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.
€ 23,184
▼ 59% vs 2024
Of which on lease € 15,275.
Debts at end 2025
€ 266,755
▲ 16% vs 2024
€ 6,771 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 64,827
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 110,453
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,094,890 | € 1,154,447 | € 789,779 | € 771,534 | ▼ 2% |
| Profit after taxes | € 76,784 | € 63,371 | € -134,871 | € 665 | ▲ € 135,536 |
| Equity | € 96,985 | € 117,356 | € 52,485 | € 53,150 | ▲ 1% |
| Total debts | € 905,129 | € 798,885 | € 593,633 | € 478,287 | ▼ 19% |
| Cash | € 176,455 | € 249,463 | € 41,994 | € 137,450 | ▲ 227% |
| Retained profit | € 90,785 | € 111,156 | € 46,285 | € 46,950 | ▲ 1% |
| Dividend | € 65,000 | € 43,000 | € 0 | € 0 | |
| Bank debt | € 366,277 | € 313,721 | € 229,035 | € 266,755 | ▲ 16% |
| Balance sheet total | € 1,002,114 | € 916,241 | € 646,118 | € 531,436 | ▼ 18% |
| Employees (FTE) | 15.8 | 16.1 | 13.1 | 11.8 | ▼ 1.3 |
Key figures of GROUP 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 July 2027.
What happened to GROUP DESMET?
What happened at GROUP 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 € 665. Source: NBB ↗
- Boom Invest BV became a director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,784 profit in 2022 to € 665 profit in 2025.
Paid € 21,501 in corporate taxes since 2022.
Best year ever: 2022, with € 76,784 profit.
On average € 65,400 of value added per employee in 2025.
Management
The stake of INVESTGROUP D comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GROUP DESMETBehind GROUP DESMET is Boom Invest BV. The shares are held by INVESTGROUP D (99%).
Directors
According to the 2025 annual accounts
Bestuurder · represented by Kristof Talboom
Also active at: INVESTGROUP D, LEIEPOORT INVEST
since 2021
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 372
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0479.854.149
- VAT number
- BE 0479.854.149
- Registered office
- Kortrijksesteenweg 372, 8530 Harelbeke
- Names & denominations
- GROUP DESMET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 2003
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- groupdesmet.be
- Activities · NACE
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