Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
DEUS from Ieper, company number BE0879625989, closed financial year 2024 with a result of € -19.1 million after tax. For that financial year DEUS recorded revenue of € 2.9 million and equity of € -40.2 million. Compared with financial year 2023, the result moved from € -21.7 million to € -19.1 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 July 16, 2025.
€ -40.2 million
▼ € 19.1 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19.1 million
▲ 12 % less loss than in 2023
Profit after tax over the fiscal year.
€ 339,868
▲ 14% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -48.4 million.
People and assets in 2024
11.3
▼ 1.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▼ 4% vs 2023
€ 110,800 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.
€ 71,550
▼ 48% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.8 million
▼ 88% vs 2023
€ 350,000 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1.5 million
▲ 36% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 228 days on average.
€ 185,930
▼ 28% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 1,973,986 | € 2,180,476 | € 2,558,825 | € 2,938,715 | ▲ 15% |
| Profit after taxes | € -3,385,744 | € -3,401,630 | € -21,674,587 | € -19,133,425 | ▲ € 2.5 million |
| Equity | € 4,017,424 | € 615,794 | € -21,058,793 | € -40,192,218 | ▼ € 19.1 million |
| Total debts | € 189,142,993 | € 206,239,956 | € 222,190,828 | € 204,355,132 | ▼ 8% |
| Cash | € 176,202 | € 84,755 | € 298,671 | € 339,868 | ▲ 14% |
| Land & buildings | € 21,532,863 | € 23,222,891 | € 22,913,143 | € 1,820,231 | ▼ 92% |
| Retained profit | € -4,174,076 | € -7,575,706 | € -29,250,293 | € -48,383,718 | ▼ € 19.1 million |
| Bank debt | € 11,200,000 | € 12,025,000 | € 23,435,000 | € 2,765,500 | ▼ 88% |
| Balance sheet total | € 193,160,417 | € 206,855,751 | € 201,132,035 | € 164,162,915 | ▼ 18% |
| Employees (FTE) | 13 | 12.4 | 12.4 | 11.3 | ▼ 1.1 |
Key figures of DEUS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to DEUS?
What happened at DEUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 19.1 million. Source: NBB ↗
- Passionata BV became a director. NBB
- New establishment in Gent. KBO
- New establishment in Ieper. KBO
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.4 million loss in 2021 to € 19.1 million loss in 2024.
Paid € 300,510 in corporate taxes since 2021.
A new publication or filing at DEUS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PASSIONATA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DEUSBehind DEUS is Passionata BV. The shares are held by PASSIONATA (0.1%). It owns 100% of HYPERLINK INVESTMENT LTD, 100% of Immobilière North Sea Properties, 100% of LES TRAPPEURS SARL, 100% of PRODIP, 99.9% of ZEEWALLE and 99.9% of PROJECT BOUDEWIJNLAAN itself.
Directors
According to the 2024 annual accounts
Director · represented by Ria Vandoorne
Also active at: IMMOBILIERE NORTH SEA PROPERTIES, PRODIP, ELZENWALLE, ZOUTEWIND, ZEEWALLE, PROJECT BOUDEWIJNLAAN, ZOUTEKREKEN, PHORMIO +2 more
since 2023
Shareholders
0.1%
Participations
HYPERLINK INVESTMENT LTD
100%
100%
100%
99.9%
99.9%
99.9%
99.8%
99.6%
99.4%
99.2%
Open MRI Zen
33.3%
Estima Sp. z.o.o. BO
30%
Prima Bud Sp. z.o.o
30%
Ghelamco Towarowa sp. z. o. o.
30%
Ghelamco Plac Grzybowski sp. z. o. o.
30%
Groen Konstancin II sp.z. o. o.
30%
Pianissima Sp. z.o.o. BO
30%
PERIDOT SL
26%
Establishments
Establishment units
Physical locations of this company
Kemmelseweg 72
8902 Ieper
Ottergemsesteenweg-Zuid 808 box C31
9000 Gent
Active since 1 January 2017
Zwaanhofweg 10
8900 Ieper
Active since 27 February 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →ELZENWALLE same network
€ 137,167 gross margin · 2024
MEDICAL INTELLIGENCE HUB
GHLOBAL
€ 251,952 gross margin · 2025
ZOUTEWIND same network
€ 15,681 gross margin · 2024
ZEEWALLE same network
€ 72,967 gross margin · 2024
+1 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
- 0879.625.989
- VAT number
- BE 0879.625.989
- Registered office
- Kemmelseweg 72, 8902 Ieper
- Names & denominations
- DEUS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 February 2006
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering