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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DESA CONSTRUCTION BELGIUM from Zaventem, company number BE0763948343, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year DESA CONSTRUCTION BELGIUM recorded a gross margin of € -626,907 and equity of € -1.6 million. Compared with financial year 2024, the result moved from € 73,456 to € -1.4 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2026.
€ -1.6 million
▼ € 1.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▼ still € 73,456 profit in 2024
Profit after tax over the fiscal year.
€ 42,300
▼ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.7 million.
People and assets in 2025
6.6
▲ 3.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 652,197
▲ 104% vs 2024
€ 98,800 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.
€ 11,763
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.1 million
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 110,837
▲ 193% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 86,417 | € -218,640 | € 402,526 | € -626,907 | ▼ € 1 million |
| Profit after taxes | € 6,657 | € -391,848 | € 73,456 | € -1,370,249 | ▼ € 1.4 million |
| Equity | € 66,297 | € -325,551 | € -252,095 | € -1,622,344 | ▼ € 1.4 million |
| Total debts | € 817,878 | € 1,808,853 | € 2,604,097 | € 2,711,157 | ▲ 4% |
| Cash | € 100,721 | € 67,276 | € 253,339 | € 42,300 | ▼ 83% |
| Retained profit | € 16,297 | € -375,551 | € -302,095 | € -1,672,344 | ▼ € 1.4 million |
| Balance sheet total | € 884,175 | € 1,483,302 | € 2,352,003 | € 1,088,813 | ▼ 54% |
| Employees (FTE) | 1 | 2 | 3.2 | 6.6 | ▲ 3.4 |
Key figures of DESA CONSTRUCTION BELGIUM, 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 DESA CONSTRUCTION BELGIUM?
What happened at DESA CONSTRUCTION BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.4 million (▼ € 1.4 million vs 2024). filed late Source: NBB ↗
- New establishment in Zaventem. KBO
- BEARMC BV became a director. NBB
- TOKAY INVESTMENT BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,657 profit in 2022 to € 1.4 million loss in 2025.
Paid € 83,208 in corporate taxes since 2022.
Best year ever: 2024, with € 73,456 profit.
On average € 125,800 of value added per employee in 2024.
Management
Behind DESA CONSTRUCTION BELGIUM are BEARMC BV and TOKAY INVESTMENT BV.
Directors
According to the 2025 annual accounts
Director · represented by Fikret TOKUCIN
since 2021
TOKAY INVESTMENT BV
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Excelsiorlaan 3
1930 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0763.948.343
- VAT number
- BE 0763.948.343
- Registered office
- Excelsiorlaan 3, 1930 Zaventem
- Names & denominations
- DESA CONSTRUCTION BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 2021
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Overige werkzaamheden in verband met de afwerking van gebouwen
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.
Restaureren van bouwwerken