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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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
BSD INVEST from Tielt, company number BE0842535070, closed financial year 2026 with a result of € 513,629 after tax. For that financial year BSD INVEST recorded revenue of € 988,471 and equity of € 1 million. Compared with financial year 2025, the result moved from € 12,477 to € 513,629. Profitable, and profit is growing. 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 May 7, 2026.
€ 1 million
▲ 27% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 513,629
▲ € 501,152 vs 2025
Profit after tax over the fiscal year.
€ 47,216
▼ 79% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 291,501 paid out
57 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
€ 174,164
▲ 24% vs 2025
Of which on lease € 77,185.
Debts at end 2026
€ 1.3 million
▼ 3% vs 2025
€ 135,983 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 6,229
▼ 75% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 14 days on average.
€ 55,245
▼ 20% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 772,641 | € 988,471 | ▲ 28% |
| Gross margin | € 345,948 | € 295,847 | - | - | |
| Profit after taxes | € 175,466 | € 327,390 | € 12,477 | € 513,629 | ▲ € 501,152 |
| Equity | € 892,619 | € 1,199,010 | € 820,653 | € 1,042,781 | ▲ 27% |
| Total debts | € 2,160,348 | € 1,932,442 | € 2,170,319 | € 1,899,510 | ▼ 12% |
| Cash | € 31,444 | € 28,663 | € 224,437 | € 47,216 | ▼ 79% |
| Land & buildings | € 1,676,111 | € 1,624,230 | € 1,563,849 | € 1,493,431 | ▼ 5% |
| Retained profit | € 562,619 | € 869,010 | € 820,651 | € 1,042,779 | ▲ 27% |
| Dividend | € 1,600 | € 21,000 | € 60,836 | € 291,501 | ▲ € 230,664 |
| Bank debt | € 1,629,667 | € 1,503,503 | € 1,370,989 | € 1,326,256 | ▼ 3% |
| Balance sheet total | € 3,052,968 | € 3,131,451 | € 2,990,971 | € 2,942,291 | ▼ 2% |
Key figures of BSD INVEST, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to BSD INVEST?
What happened at BSD INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 513,629 (▲ € 501,152 vs 2025). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 175,466 profit in 2023 to € 513,629 profit in 2026.
Paid € 434,184 in corporate taxes since 2023.
Best year ever: 2026, with € 513,629 profit.
Paid out € 374,937 in dividends to the owners in total.
Management
Behind BSD INVEST are Stijn Desmet and Bert Desmet. It owns 100% of IECH and 99.3% of Des-Elec itself.
Establishments
Establishment units
Physical locations of this company
Ooigemstraat 37
8760 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0842.535.070
- VAT number
- BE 0842.535.070
- Registered office
- Ooigemstraat 37, 8760 Tielt
- Names & denominations
- BSD INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2012
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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