Financials
Financial year 2025
S. Desmet from Oostende, company number BE0801999859, closed financial year 2025 with a result of € 326 after tax. For that financial year S. Desmet recorded a gross margin of € 127,429 and equity of € 100,416. Compared with financial year 2024, the result moved from € 79,118 to € 326. 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 August 31, 2026.
€ 100,416
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 326
▼ € 78,792 vs 2024
Profit after tax over the fiscal year.
€ 31,874
▲ 39% 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 € 97,916.
People and assets in 2025
€ 109,440
▲ € 102,726 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,458
▼ 24% vs 2024
Of which on lease € 17,458.
Debts at end 2025
€ 15,282
▼ 30% vs 2024
€ 6,872 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 25,224
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,203
▼ 45% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 25,677 | € 113,940 | € 127,429 | ▲ 12% |
| Profit after taxes | € 19,804 | € 79,118 | € 326 | ▼ € 78,792 |
| Equity | € 21,804 | € 100,089 | € 100,416 | |
| Total debts | € 19,264 | € 101,251 | € 56,441 | ▼ 44% |
| Cash | € 23,945 | € 22,973 | € 31,874 | ▲ 39% |
| Retained profit | € 19,304 | € 97,589 | € 97,916 | |
| Dividend | € 500 | € 833 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 21,858 | € 15,282 | ▼ 30% |
| Balance sheet total | € 41,068 | € 201,341 | € 156,857 | ▼ 22% |
Key figures of S. Desmet, fiscal years 2023 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 S. Desmet?
What happened at S. 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 € 326 (▼ € 78,792 vs 2024). filed late Source: NBB ↗
- Desmet Victoire BV became a director. NBB
- Desmet Invest CommV became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,804 profit in 2023 to € 326 profit in 2025.
Paid € 30,820 in corporate taxes since 2023.
Best year ever: 2024, with € 79,118 profit.
Paid out € 1,333 in dividends to the owners in total.
Management
Behind S. Desmet are Desmet Victoire BV and Desmet Invest CommV.
Directors
According to the 2025 annual accounts
Director · represented by Victoire Desmet
since 2025
Director · represented by Sébastien Desmet
since 2025
Establishments
Establishment units
Physical locations of this company
Kuipweg 13
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →GENIUS DEL NOLO
€ 201,536 gross margin · 2023
BEDRIJVENCENTRUM REGIO OOSTENDE
€ -2,309 gross margin · 2025
INSEC
€ 155,844 gross margin · 2025
NORTH SEA_OFFSHORE RENEWABLES
€ -6 million gross margin · 2025
A.A.R.S. WEST ALL ASBESTOS REMOVAL SERVICES WEST
€ 1 million gross margin · 2026
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0801.999.859
- VAT number
- BE 0801.999.859
- Registered office
- Kuipweg 13, 8400 Oostende
- Names & denominations
- S. Desmet
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2023
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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