Desmo
ActiveSummary
Desmo has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €130k and a net result of €33k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability79▲+20
Solvency62▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.58 in 2023; short-term debt: 20.2% and cash: 0.5% of total assets), and 63% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
16 d early
2022
34 d early
2021
34 d early
2020
39 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€130k▲ 23.5%
2023 · €105k
2018: €55klowest in 7 years
2019: €63k▲ +14.2% vs 2018
2020: €75k▲ +20.7% vs 2019
2021: €85k▲ +13.3% vs 2020
2022: €75k▼ -12.1% vs 2021
2023: €105k▲ +40.3% vs 2022
2024: €130k▲ +23.5% vs 2023highest in 7 years
2018 → 2024
Total assets
€352k▲ 1.6%
2023 · €347k
2018: €72klowest in 7 years
2019: €75k▲ +3.5% vs 2018
2020: €81k▲ +8.2% vs 2019
2021: €88k▲ +8.7% vs 2020
2022: €324k▲ +267% vs 2021
2023: €347k▲ +7.0% vs 2022
2024: €352k▲ +1.6% vs 2023highest in 7 years
2018 → 2024
Net result
€33k▲ 7.6%
2023 · €30k
2018: €11k
2019: €8k▼ -29.7% vs 2018
2020: €13k▲ +66.3% vs 2019
2021: €15k▲ +13.6% vs 2020
2022: €7k▼ -52.8% vs 2021lowest in 7 years
2023: €30k▲ +336% vs 2022
2024: €33k▲ +7.6% vs 2023highest in 7 years
2018 → 2024
Working capital
€-25k▼ 10.9%
2023 · €-23k
2018: €42k
2019: €44k▲ +5.7% vs 2018
2020: €61k▲ +39.6% vs 2019
2021: €68k▲ +11.0% vs 2020highest in 7 years
2022: €10k▼ -86.1% vs 2021
2023: €-23k▼ -337% vs 2022
2024: €-25k▼ -10.9% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€75k-€85k▲ 13.3%€75k▼ 12.1%€105k▲ 40.3%€130k▲ 23.5%
2020: €75k
2021: €85k▲ +13.3% vs 2020
2022: €75k▼ -12.1% vs 2021lowest in 5 years
2023: €105k▲ +40.3% vs 2022
2024: €130k▲ +23.5% vs 2023highest in 5 years
Operating result€19k-€21k▲ 10.5%€12k▼ 42.9%€15k▲ 22.7%€32k▲ 113%
2020: €19k
2021: €21k▲ +10.5% vs 2020
2022: €12k▼ -42.9% vs 2021lowest in 5 years
2023: €15k▲ +22.7% vs 2022
2024: €32k▲ +113% vs 2023highest in 5 years
Net result€13k-€15k▲ 13.6%€7k▼ 52.8%€30k▲ 336%€33k▲ 7.6%
2020: €13k
2021: €15k▲ +13.6% vs 2020
2022: €7k▼ -52.8% vs 2021lowest in 5 years
2023: €30k▲ +336% vs 2022
2024: €33k▲ +7.6% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 113% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €352k
Fixed assets
€306k ▼ 3.1%
Current assets
€46k ▲ 49.1%
Equity and liabilities €352k
Equity
€130k ▲ 23.5%
Debt
€222k ▼ 8.0%
Debt's share of the balance-sheet total falls from 69.6% to 63.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▲
2023 · €24k
Cash flow
€42k▲
2023 · €39k
Current ratio
0.65▲
2023 · 0.58
Debt to equity
1.70▼
2023 · 2.29
ROE
25.0%▼
2023 · 28.7%
ROA
9.2%▲
2023 · 8.7%
Interest coverage
5.80▲
2023 · 3.50
Debt ≤ 1 year
€71k▲
2023 · €54k
Debt > 1 year
€151k▼
2023 · €188k
Income taxes
€12k▲
2023 · €7k
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 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€347k€352k▲
Fixed assets21/28€316k€306k▼
Tangible fixed assets22/27€46k€36k▼
Land and buildings22€8k€7k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€6k€3k▼
Leasing and similar rights25€24k€19k▼
Other tangible fixed assets26€7k€5k▼
Financial fixed assets28€270k€270k=
Current assets29/58€31k€46k▲
Amounts receivable within one year40/41€10k€11k▲
Trade receivables40€9k€11k▲
Other amounts receivable41€18€19▲
Current investments50/53€18k€30k▲
Cash at bank and in hand54/58€2k€2k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€347k€352k▲
Equity10/15€105k€130k▲
Contributions10/11€6k€6k=
Reserves13€99k€124k▲
Distributable reserves133€99k€124k▲
Amounts payable17/49€241k€222k▼
Amounts payable after more than one year17€188k€151k▼
Financial debts170/4€188k€151k▼
Amounts payable within one year42/48€54k€71k▲
Current portion of amounts payable after more than one year42€36k€37k▲
Financial debts43-€2k
Other loans439-€2k
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€6k€13k▲
Taxes450/3€4k€12k▲
Remuneration and social security454/9€2k€528▼
Other amounts payable47/48€8k€18k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€26k€43k▲
Operating profit (loss)9901€15k€32k▲
Financial income75/76B€29k€20k▼
Recurring financial income75€29k€20k▼
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€37k€45k▲
Income taxes67/77€7k€12k▲
Profit (loss) for the period9904€30k€33k▲
Profit (loss) for the period to be appropriated9905€30k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€33k▲
Transfer from equity791/2-€2k
Transfer to equity691/2€30k€26k▼
To other reserves6921€30k€26k▼
Profit to be distributed694/7-€8k
Return on contributions (dividend)694-€8k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €4k | €5k | €9k | €10k | ▲ 6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €-2k | - | - | - |
| Other operating charges640/8 | - | €681 | €413 | €2k | €2k | ▼ 0.5% |
| Gross operating margin9900 | €25k | €26k | €16k | €26k | €43k | ▲ 67.2% |
| Operating profit (loss)9901 | €19k | €21k | €12k | €15k | €32k | ▲ 113% |
| Financial income75/76B | - | €396 | €922 | €29k | €20k | ▼ 30.3% |
| Recurring financial income75 | €140 | €396 | €922 | €29k | €20k | ▼ 30.3% |
| Financial charges65/66B | - | €172 | €902 | €7k | €7k | ▲ 3.6% |
| Recurring financial charges65 | €258 | €172 | €902 | €7k | €7k | ▲ 3.6% |
| Profit (loss) for the period before taxes9903 | €19k | €21k | €12k | €37k | €45k | ▲ 20.4% |
| Income taxes67/77 | €6k | €7k | €5k | €7k | €12k | ▲ 75.4% |
| Profit (loss) for the period9904 | €13k | €15k | €7k | €30k | €33k | ▲ 7.6% |
| Profit (loss) for the period to be appropriated9905 | €13k | €15k | €7k | €30k | €33k | ▲ 7.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €81k | €88k | €324k | €347k | €352k | ▲ 1.6% |
| Fixed assets21/28 | €14k | €17k | €296k | €316k | €306k | ▼ 3.1% |
| Intangible fixed assets21 | €480 | €240 | - | - | - | - |
| Tangible fixed assets22/27 | €14k | €17k | €26k | €46k | €36k | ▼ 21.4% |
| Land and buildings22 | - | - | €8k | €8k | €7k | ▼ 5.5% |
| Plant, machinery and equipment23 | - | €2k | €2k | €2k | €1k | ▼ 20.0% |
| Furniture and vehicles24 | - | €9k | €10k | €6k | €3k | ▼ 43.2% |
| Leasing and similar rights25 | - | - | - | €24k | €19k | ▼ 22.5% |
| Other tangible fixed assets26 | - | €6k | €5k | €7k | €5k | ▼ 18.2% |
| Financial fixed assets28 | - | - | €270k | €270k | €270k | = |
| Current assets29/58 | €67k | €71k | €28k | €31k | €46k | ▲ 49.1% |
| Amounts receivable within one year40/41 | €19k | €7k | €11k | €10k | €11k | ▲ 17.9% |
| Trade receivables40 | - | €319 | €11k | €9k | €11k | ▲ 18.0% |
| Other amounts receivable41 | - | €6k | €257 | €18 | €19 | ▲ 8.4% |
| Current investments50/53 | €43k | €55k | €13k | €18k | €30k | ▲ 71.1% |
| Cash at bank and in hand54/58 | €3k | €6k | €1k | €2k | €2k | ▲ 3.5% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €2k | €3k | ▲ 40.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €81k | €88k | €324k | €347k | €352k | ▲ 1.6% |
| Equity10/15 | €75k | €85k | €75k | €105k | €130k | ▲ 23.5% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €69k | €79k | €69k | €99k | €124k | ▲ 25.0% |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | €77k | €69k | €99k | €124k | ▲ 25.0% |
| Amounts payable17/49 | €6k | €3k | €249k | €241k | €222k | ▼ 8.0% |
| Amounts payable after more than one year17 | - | - | €230k | €188k | €151k | ▼ 19.7% |
| Financial debts170/4 | - | - | €230k | €188k | €151k | ▼ 19.7% |
| Amounts payable within one year42/48 | €6k | €3k | €19k | €54k | €71k | ▲ 33.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €36k | €37k | ▲ 2.9% |
| Financial debts43 | - | - | - | - | €2k | - |
| Other loans439 | - | - | - | - | €2k | - |
| Trade debts44 | €458 | €738 | €2k | €3k | €1k | ▼ 55.0% |
| Suppliers440/4 | - | €738 | €2k | €3k | €1k | ▼ 55.0% |
| Taxes, remuneration and social security45 | - | €2k | €5k | €6k | €13k | ▲ 103% |
| Taxes450/3 | - | €2k | €3k | €4k | €12k | ▲ 189% |
| Remuneration and social security454/9 | - | - | €2k | €2k | €528 | ▼ 74.9% |
| Other amounts payable47/48 | - | - | €12k | €8k | €18k | ▲ 117% |
| Accrued charges and deferred income492/3 | - | - | €160 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €15k | €7k | €30k | €33k | ▲ 7.6% |
| + Depreciation and write-downs630 | €5k | €4k | €5k | €9k | €10k | ▲ 6.2% |
| Operating cash flow (approximation) | €18k | €18k | €12k | €39k | €42k | ▲ 7.2% |
| Investment in fixed assets (approximation) | - | €-7k | €-284k | €-29k | €0 | ▲ 100% |
| Change in cash | - | €3k | €-5k | €306 | €56 | ▼ 81.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €33k ▲7.6%
Operating result €32k, net result €33k, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €105k ▲40.3%
6 profitable years in a row build equity to €105k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €7k ▼52.8%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 26.16
Current ratio from 11.91 to 26.16; short-term debt falls from €6k to €3k.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 11.91
Current ratio from 4.64 to 11.91; short-term debt falls from €12k to €6k.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2014
Ground area
3,459 m²
Building footprint
626 m²
Volume, LiDAR
35,451 m³
Parcel 11813N0721/00X003, Flanders · tallest building 75.8 m, ±23 floors. Linked by address, not a title deed.
28
companies at this address
See who is registered here
1 establishment unit
DESMO
since 20142.231.171.432
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11813N0721/00X003 | Flanders | 3,459 m² | 1 · 626 m² | 75.8 m · 23 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0742.517.083
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Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 7,155 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.