Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
DESTCO from Izegem, company number BE0677840849, closed financial year 2025 with a result of € -80,195 after tax. For that financial year DESTCO recorded a gross margin of € -77,552 and equity of € 13,668. Compared with financial year 2024, the result moved from € -66,015 to € -80,195. The company made a loss. The buffer shrank hard: equity is 85 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 13,668
▼ 85% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -80,195
▼ 21 % more loss than in 2024
Profit after tax over the fiscal year.
€ 340
▼ € 97,429 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4,932.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 34,967 | € -37,156 | € -65,589 | € -77,552 | ▼ € 11,963 |
| Profit after taxes | € 26,904 | € -40,292 | € -66,015 | € -80,195 | ▼ € 14,179 |
| Equity | € 200,171 | € 159,878 | € 93,863 | € 13,668 | ▼ 85% |
| Total debts | € 120,625 | € 4,269 | € 23,235 | € 208,955 | ▲ € 185,719 |
| Cash | € 254,081 | € 58,065 | € 97,768 | € 340 | ▼ € 97,429 |
| Retained profit | € 181,571 | € 141,278 | € 75,263 | € -4,932 | ▼ € 80,195 |
| Dividend | € 115,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 320,796 | € 164,147 | € 117,098 | € 222,623 | ▲ 90% |
Key figures of DESTCO, 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 DESTCO?
What happened at DESTCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 80,195. Source: NBB ↗
- New establishment in Izegem. KBO
- Hans Demey became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 26,904 profit in 2022 to € 80,195 loss in 2025.
Paid € 3,888 in corporate taxes since 2022.
Best year ever: 2022, with € 26,904 profit.
Paid out € 115,000 in dividends to the owners in total.
Management
Behind DESTCO is Hans Demey.
Directors
According to the 2025 annual accounts
Hans Demey
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Burgemeester Vandenbogaerdelaan 57
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0677.840.849
- VAT number
- BE 0677.840.849
- Registered office
- Burgemeester Vandenbogaerdelaan 57, 8870 Izegem
- Names & denominations
- DESTCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2017
- Peppol
- Active · Active since 20 Nov 2025
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