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 29 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
DESMET LOONWERKEN from Lichtervelde, company number BE1003786979, closed financial year 2026 with a result of € -326,058 after tax. For that financial year DESMET LOONWERKEN recorded a gross margin of € 2 million and equity of € 1.1 million. Compared with financial year 2025, the result moved from € 185,677 to € -326,058. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2026.
€ 1.1 million
▼ 24% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -326,058
▼ still € 185,677 profit in 2025
Profit after tax over the fiscal year.
€ 42,668
▲ 5% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -140,381.
People and assets in 2026
10.7
▲ 2.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 809,169
▲ 15% vs 2025
€ 75,600 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.
€ 2.9 million
▲ 2% vs 2025
Of which on lease € 508,129.
Debts at end 2026
€ 5.4 million
▲ 49% vs 2025
€ 913,485 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 747,659
▲ 182% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 205,921
▼ 3% vs 2025
Taxes, VAT and social contributions still to pay.
| 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|
| Gross margin | € 2,212,818 | € 1,950,479 | ▼ 12% |
| Profit after taxes | € 185,677 | € -326,058 | ▼ € 511,736 |
| Equity | € 1,385,677 | € 1,059,619 | ▼ 24% |
| Total debts | € 4,622,591 | € 7,092,846 | ▲ 53% |
| Cash | € 40,668 | € 42,668 | ▲ 5% |
| Land & buildings | - | € 2,261,760 | |
| Retained profit | € 185,677 | € -140,381 | ▼ € 326,058 |
| Bank debt | € 3,642,897 | € 5,422,612 | ▲ 49% |
| Balance sheet total | € 6,008,269 | € 8,152,465 | ▲ 36% |
| Employees (FTE) | 8.4 | 10.7 | ▲ 2.3 |
By gross margin, DESMET LOONWERKEN ranks 1st of 4 companies with main activity “Ondersteunende activiteiten in verband met de teelt van gewassen” in Lichtervelde that publish figures (fiscal year 2026).
Key figures of DESMET LOONWERKEN, fiscal years 2025 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
Ask about DESMET LOONWERKEN the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to DESMET LOONWERKEN?
What happened at DESMET LOONWERKEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 326,058 (▼ € 511,736 vs 2025). Source: NBB ↗
- Mirjam Vandoorne became a director. NBB
- Jaron Desmet became a director. NBB
- Capital increase of € 1.1 million, published in the Gazette. Source: Staatsblad ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lichtervelde. KBO
- Johan Desmet became a director. NBB
In short
From € 185,677 profit in 2025 to € 326,058 loss in 2026.
Paid € 53,738 in corporate taxes since 2025.
Best year ever: 2025, with € 185,677 profit.
On average € 182,300 of value added per employee in 2026.
Management
Behind DESMET LOONWERKEN are Jaron Desmet, Johan Desmet and Mirjam Vandoorne.
Directors
According to the 2026 annual accounts
Jaron Desmet
Director
since 2024
Johan Desmet
Director
since 2023
Mirjam Vandoorne
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Oude Heirweg 6
8810 Lichtervelde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Lichtervelde
Same main activity (Ondersteunende activiteiten in verband met de teelt van gewassen), 4 active companies in Lichtervelde, largest first.
Vansteelant Loon- en Transportwerken
€ 1.2 million gross margin · 2026
€ 628,565 gross margin · 2026
€ 199,881 gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DESMET Johan Luc Nico(oprichter) 50%
- VANDOORNE Mirjam Anna(oprichter) 50%
Details
- Company number
- 1003.786.979
- VAT number
- BE 1003.786.979
- Registered office
- Oude Heirweg 6, 8810 Lichtervelde
- Names & denominations
- DESMET LOONWERKEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2023
- Peppol
- Active · Active since 7 Feb 2025
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Ondersteunende activiteiten in verband met de veeteelt