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Company record · Wijnegem
Belgian companySituation normaleSociété anonyme

Desco

Enterprise number
0404.105.166
VAT number
BE0404105166
Registered office
Bijkhoevelaan 2, 2110 Wijnegem
See the 5 companies at this address
Incorporated on
30 December 1947
Members only
Health score
Latest financial year
2025
m02-f model
Size
Large
528,4 FTE
Equity
€462.6M
Financial year 2025
Net result
€41.2M
Financial year 2025

Profile

Official information from the CBE (FPS Economy).

Desco is a Belgian company (Société anonyme) whose registered office is established at 2110 Wijnegem. Its main activity falls under “Commerce de gros de peintures, vernis et matériaux de construction, y compris les appareils sanitaires” (NACE 51532).

Legal form
Société anonyme
Legal situation
Situation normale
Date of incorporation
30 December 1947
Main activity (NACE)
51532Commerce de gros de peintures, vernis et matériaux de construction, y compris les appareils sanitaires

An activity that is, on the face of it, not covered by anti-money-laundering law. Learn more

Your risk analysis on this company

AML Company ran Desco through your due diligence questionnaire. Here are the first findings.

  • What is the geographic exposure of the client and of its transactions?

    Belgium only· Registered office published in the register

  • What is the company's solvency and lifecycle status?

    Trading, no proceedings· Legal situation published in the register

The rest of the analysis

Sanctions screening, politically exposed persons, ultimate beneficial owners, source of funds: AML Company runs them, documents them and keeps the proof in your file.

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This preview is not a due diligence measure: it pre-qualifies questions from public data. Identifying the client and its ultimate beneficial owners requires documents collected and verified.

Establishments

31 active establishment units declared with the CBE.

Implantation
Wijnegem

30 establishments · 30 municipalities

Registered office30 establishments
Registered office
Bijkhoevelaan 2
Map
Establishment2069.838.953
Bijkhoevelaan 2
Map
Establishment 22069.839.052
Bleekhofstraat 10 1
Map
Establishment 32069.839.151
Legeweg 178
8200 Brugge
Map
Establishment 42069.839.250
Ottergemsesteenweg 421-435
9000 Gent
Map
Establishment 52069.839.349
Turnhoutsebaan 55
3290 Diest
Map

30 shown out of 31 active establishments

Finances & financial health

Annual accounts filed with the Central Balance Sheet Office (CBSO, National Bank of Belgium) and an aggregate health score (Altman Z″ model, completed with qualitative factors).

Zone Altman
Grade
Computed on
Financial trend

Equity & result

EquityResult
Key figures by financial year
Financial yearEquityResult
2025€462,582,161€41,156,228
2024€421,461,216€45,642,843
2023––
2022€331,770,158€44,560,609

Financial ratios

Solvency, liquidity and profitability, computed year by year from the filed annual accounts.

Solvency
93,1%
1,1%
Financial year 2025

Equity / balance sheet total

Liquidity
15,25 x
2,13
Financial year 2025

Current assets / debts due within one year

Net margin
11,1%
1,5%
Financial year 2025

Result for the year / turnover

Operating margin
10,9%
1,9%
Financial year 2025

Operating result / turnover

Long-term debt
0%
flat
Financial year 2025

Debts due after one year / balance sheet total

Return on equity
8,9%
1,9%
Financial year 2025

Result for the year / equity

Over the most recent filed years

Balance sheet structure

SolvencyLong-term debt
Year-on-year comparison
Ratio202520242023Trend
Solvency
93,1%
1,1%
92%
-
Liquidity
15,25 x
2,13
13,12 x
-
Net margin
11,1%
1,5%
12,6%
-
Operating margin
10,9%
1,9%
12,8%
-
Long-term debt
0%
flat
0%
-
Return on equity
8,9%
1,9%
10,8%
-

Ratios computed by AML Company from the items filed in the balance sheet and the income statement. They are not filed figures as such: the underlying amounts appear in the key figures above.

Filing history (50)▾
Financial yearFilingFiling typeModelSource
01/01/2025 → 31/12/202518/06/2026Initialm02-fBNB
01/01/2024 → 31/12/202424/06/2025Initialm02-fBNB
01/01/2023 → 31/12/202325/06/2024Initialm02-fBNB
01/01/2022 → 31/12/202222/06/2023Initialm02-fBNB
01/01/2021 → 31/12/202127/06/2022Initialm02-fBNB
01/01/2020 → 31/12/202024/06/2021Initialm02-fBNB
01/01/2019 → 31/12/201910/09/2020Initialm02-fBNB
01/01/2018 → 31/12/201825/06/2019Initialm02-fBNB
01/01/2017 → 31/12/201718/06/2018Initialm02-fBNB
01/01/2016 → 31/12/201622/06/2017Initialm02-fBNB
01/01/2015 → 31/12/201528/06/2016Initialm02-fBNB
01/01/2014 → 31/12/201416/06/2015Initialm02-fBNB

Source: CBSO (NBB) filings, Belgian chart-of-accounts headings 9904 (result), 10/15 (equity), 9900 (gross margin), 9087 (workforce in FTE). Data available for filings from 2022 onwards.

Health score and detailed factors

The grade, the score out of 100, the Altman Z″ zone and the list of public alerts are for members only.

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Notices in the Belgian Official Gazette

Official acts and notices: incorporation, changes to the articles, appointments, dissolutions.

Source: Belgian Official Gazette (FPS Justice). The links open the official PDFs.

What the Desco record does not say

Two readings of the register the raw data does not give: anti-money-laundering scope, and whether the filing deadline was met.

Is Desco subject to anti-money-laundering obligations in Belgium?
In principle no. The activity declared in the register for Desco is not among the professions expressly covered by the act of 18 September 2017. This general information is not legal advice.
Did Desco file its annual accounts on time?
Yes. Desco filed its latest annual accounts with the Central Balance Sheet Office (CBSO, National Bank of Belgium) on 18 June 2026, ahead of 31 July 2026. Article 3:10 of the Code of Companies and Associations requires filing within thirty days of approval and at the latest seven months after the financial year closes.

Company timeline

Every dated event in the company's life, from filed accounts to notices published in the Belgian Official Gazette, in a single thread.

Timeline
74 events
Filter the timeline by event type

10 AI-analysed dimensions are not shown.

  1. 2026
    1. 13 July 2026Appointments · ResignationsView the notice26089995
    2. 18 June 2026Annual accounts filed·Financial year ended 31 December 2025 · Model m02-fFiled accounts2026-00191233
  2. 2025
    1. 22 July 2025Appointments · ResignationsView the notice25091340
    2. 24 June 2025Annual accounts filed·Financial year ended 31 December 2024 · Model m02-fFiled accounts2025-00177950
  3. 2024
    1. 25 June 2024Annual accounts filed·Financial year ended 31 December 2023 · Model m02-fFiled accounts2024-00180641
  4. 2023
    1. 22 June 2023Annual accounts filed·Financial year ended 31 December 2022 · Model m02-fFiled accounts2023-00157242
  5. 2022
    1. 29 June 2022Appointments · ResignationsView the notice22077165
    2. 27 June 2022Annual accounts filed·Financial year ended 31 December 2021 · Model m02-fFiled accounts2022-20103109
  6. 2021
    1. 10 August 2021Articles of association · Capital · Shares · RestructuringView the notice21096387
    2. 24 June 2021Annual accounts filed·Financial year ended 31 December 2020 · Model m02-fFiled accounts2021-24300088
    3. 26 May 2021RestructuringView the notice21062091
  7. 2020
    1. 19 October 2020Appointments · ResignationsView the notice20122461

Registry record since 7 September 2026

The KBO publishes its changes as a monthly delta and never restates the past: our record starts on that date, not at the company's incorporation. No change recorded since that date. A missing row says nothing about the company, only about how far back our record goes.

AI insights · Pro AI plan

AI extraction of strategic AML data

The official notices in the Belgian Official Gazette are analysed by our AI engine to extract automatically the information that matters for your due diligence and your AML duties.

  • Legal life
  • Restructuring
  • Capital
  • Legal form
  • Incorporation
  • Directors
  • Beneficial owners
  • Registered office
  • Company name
  • Notarial deeds
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