DESMANAGEMENT
ActiveSummary
DESMANAGEMENT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €49k and a net result of €-7k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 13% of 612 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability52▲+23
Solvency35▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.31 against 0.08 in 2023; short-term debt: 22.1% and cash: 0.3% of total assets), and 89.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 94
Relative position
BE, all sectors
reference
Sector 94
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
10.3%
Return on assets
-1.5%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-7k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 612 sector peers (2024).
NBB · sector comparisonPosition among 612 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
20 d late
2022
9 d late
2021
1 d late
2020
16 d late
2019
7 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-7k▲ 66.1%
2023 · €-21k
2018: €-6k
2019: €343
2020: €9k
2021: €9k
2022: €-2k
2023: €-21k
2018 → 2024
Working capital
€-72k▼ 1.6%
2023 · €-71k
2018: €-39k
2019: €-48k
2020: €-70k
2021: €-52k
2022: €-46k
2023: €-71k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€69k-€78k▲ 13.6%€76k▼ 2.3%€56k▼ 27.3%€49k▼ 12.7%
Operating result€20k-€23k▲ 15.4%€8k▼ 62.7%€-12k€1k
Net result€9k-€9k▲ 6.7%€-2k€-21k▼ 1,061%€-7k▲ 66.1%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1k after a loss of €12k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €471k
Fixed assets
€439k ▼ 6.8%
Current assets
€32k ▲ 409%
Equity and liabilities €471k
Equity
€49k ▼ 12.7%
Debt
€423k ▲ 0.1%
Debt's share of the balance-sheet total rises from 88.4% to 89.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€34k▲
2023 · €17k
Cash flow
€26k▲
2023 · €8k
Current ratio
0.31▲
2023 · 0.08
Debt to equity
8.71▲
2023 · 7.59
ROE
-14.6%▲
2023 · -37.5%
ROA
-1.5%▲
2023 · -4.4%
Interest coverage
4.27▲
2023 · 1.91
Debt ≤ 1 year
€104k▲
2023 · €77k
Debt > 1 year
€278k▼
2023 · €307k
Income taxes
€267▲
2023 · €233
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€478k€471k▼
Fixed assets21/28€471k€439k▼
Tangible fixed assets22/27€471k€439k▼
Land and buildings22€412k€393k▼
Furniture and vehicles24€59k€46k▼
Current assets29/58€6k€32k▲
Amounts receivable within one year40/41€1k€28k▲
Trade receivables40€846€28k▲
Other amounts receivable41€334-
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€478k€471k▼
Equity10/15€56k€49k▼
Contributions10/11€20k€20k=
Reserves13€34k€34k=
Non-distributable reserves130/1€34k€34k=
Reserves not available under the articles1311€34k€34k=
Profit (loss) carried forward14€2k€-5k▼
Amounts payable17/49€422k€423k▲
Amounts payable after more than one year17€307k€278k▼
Financial debts170/4€110k€76k▼
Other amounts payable178/9€197k€202k▲
Amounts payable within one year42/48€77k€104k▲
Current portion of amounts payable after more than one year42€33k€34k▲
Trade debts44€7k€48k▲
Suppliers440/4€7k€48k▲
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3€3k€1k▼
Other amounts payable47/48€34k€20k▼
Accrued charges and deferred income492/3€38k€41k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€33k▲
Other operating charges640/8€5k€5k▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€25k€39k▲
Operating profit (loss)9901€-12k€1k▲
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€-21k€-7k▲
Income taxes67/77€233€267▲
Profit (loss) for the period9904€-21k€-7k▲
Profit (loss) for the period to be appropriated9905€-21k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€-5k▼
Profit (loss) brought forward from the previous period14P€56k€2k▼
Transfer from equity791/2€25k-
Transfer to equity691/2€59k-
To other reserves6921€59k-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 20 days late
2023
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 9 days late
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 1 day late
2021
31-12
Financial
Highest result since 2018net €9k ▲6.7%
Operating result €23k, net result €9k, both a record.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 16 days late
2020
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 7 days late
2019
31-12
Financial
Back to profitnet €343
Net result €343 after one loss-making year.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 7 days late
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
15-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Jurbise
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Gernante(H) 157050 JurbiseGround area
1,831 m²
Building footprint
350 m²
Parcel 53040D0258/00F000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53040D0258/00F000 | Wallonia | 1,831 m² | 1 · 349 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Fédération des Associations européennes et internationales établies en Belgique (F.A.I.B.)
BE 0408.370.889
Elsene · Eq €48k
AGROECOLOGY EUROPE
BE 0668.428.681
Elsene · Eq €46k
MAD'IN EUROPE
BE 0535.594.111
Sint-Gillis (bij-Brussel) · Eq €51k
CONFERENCE PERMANENTE DES INTERCOMMUNALES WALONNES DE GESTION DES DECHETS
BE 0541.505.963
Floreffe · Eq €52k
NEXOS
BE 0860.169.769
Fernelmont · Eq €45k
Of 1,256 companies in sector 94110 we hold annual accounts for 579. 192 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
94110Activities of business and employers' organisations
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.