Financials
Financial year 2025
DES-ELEC from Wielsbeke, company number BE0840132143, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year DES-ELEC recorded revenue of € 14.8 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 1.5 million to € 1.2 million. 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 April 30, 2026.
€ 2.8 million
▲ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 21% vs 2024
Profit after tax over the fiscal year.
€ 405,486
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 340,000 paid out
29 % of the profit went to the shareholders, mostly to BSD INVEST (99 % of the shares). That is where the money ends up.
People and assets in 2025
9
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 710,820
▼ 1% vs 2024
€ 79,000 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.
€ 260,920
▲ 66% vs 2024
Of which on lease € 109,808.
Debts at end 2025
€ 115,626
▲ 142% vs 2024
€ 37,140 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.5 million
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.
€ 140,558
▼ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 12,401,248 | € 14,820,293 | ▲ 20% |
| Gross margin | € 1,052,116 | € 1,768,168 | - | - | |
| Profit after taxes | € 473,043 | € 711,260 | € 1,510,579 | € 1,186,100 | ▼ 21% |
| Equity | € 599,987 | € 911,247 | € 1,921,825 | € 2,767,925 | ▲ 44% |
| Total debts | € 3,858,482 | € 3,686,895 | € 2,792,875 | € 2,721,631 | ▼ 3% |
| Cash | € 87,447 | € 922,043 | € 1,135,258 | € 405,486 | ▼ 64% |
| Land & buildings | € 55,122 | € 55,852 | € 49,176 | € 39,877 | ▼ 19% |
| Retained profit | € 569,987 | € 881,247 | € 1,891,825 | € 2,737,925 | ▲ 45% |
| Dividend | € 240,000 | € 400,000 | € 500,000 | € 340,000 | ▼ 32% |
| Bank debt | € 823,824 | € 866,971 | € 47,785 | € 115,626 | ▲ 142% |
| Balance sheet total | € 4,470,247 | € 4,609,920 | € 4,726,479 | € 5,501,335 | ▲ 16% |
| Employees (FTE) | 6.6 | 10.1 | 8.8 | 9 | ▲ 0.2 |
Key figures of DES-ELEC, 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 DES-ELEC?
What happened at DES-ELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.2 million (▼ 21% vs 2024). Source: NBB ↗
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 473,043 profit in 2022 to € 1.2 million profit in 2025.
Paid € 807,096 in corporate taxes since 2022.
Best year ever: 2024, with € 1.5 million profit.
On average € 175,100 of value added per employee in 2023.
Management
The stake of BSD INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DES-ELECBehind DES-ELEC are BSD INVEST BV and Stijn Desmet. The shares are held by BSD INVEST (99.3%).
Directors
According to the 2025 annual accounts
Shareholders
99.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Spoorstraat 7
8710 Wielsbeke
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
EFFIX-, BE
Website info
Features
Security
Details
- Company number
- 0840.132.143
- VAT number
- BE 0840.132.143
- Registered office
- Spoorstraat 7, 8710 Wielsbeke
- Names & denominations
- DES-ELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 October 2011
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- des-elec.be
- Activities · NACE
Algemene elektrotechnische installatiewerken