DEHOLI
ActiveSummary
DEHOLI has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €380,304. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 32% of 2062 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
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Signals
This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
History
On 18 December 1986, DEHOLI was incorporated.1 A capital increase in 2011 brought the capital to EUR 744,000.2 Of the 8 current board members, MANPO has served longest, since 2018.3 Revenue went from EUR 11 million in 2019 to EUR 15 million in 2025 and headcount from 35.1 to 28.1 full-time equivalents.4
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Financials · fiscal year 2025, full schema
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- 2025 Turnover +52%, Net result +7,785%, Total assets +52% on 2024. Cause not known from the registers.
- 2024 Net result -97% on 2023. Cause not known from the registers.
- 2022 Turnover +60%, Net result +68% on 2021. Cause not known from the registers.
- 2021 Turnover -52% on 2020. Cause not known from the registers.
Peer companies
Historical observationOf the 2,600 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,600 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €6.1m | €10.3m | €12.1m | €9.7m | €15.5m | ▲ 60.9% |
| Turnover70 | €6.1m | €9.7m | €11.8m | €9.6m | €14.7m | ▲ 52.3% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | -€121,250 | €374,311 | €1,522 | -€144,357 | €758,386 | ▲ 625% |
| Own construction capitalised72 | €44,425 | €22,274 | - | - | - | - |
| Other operating income74 | €94,449 | €131,612 | €235,450 | €175,734 | €113,012 | ▼ 35.7% |
| Non-recurring operating income76A | €7,120 | €9,341 | €42,505 | - | €3,306 | - |
| Operating charges60/66A | €6.5m | €10.4m | €11.9m | €9.6m | €15.0m | ▲ 56.4% |
| Goods for resale, raw materials and consumables60 | €2.9m | €6.5m | €7.6m | €5.6m | €10.4m | ▲ 84.9% |
| Purchases600/8 | €2.9m | €6.5m | €7.6m | €5.7m | €10.4m | ▲ 82.7% |
| Change in stocks: decrease (increase)609 | -€18,417 | €9,695 | -€3,599 | -€57,853 | €17,842 | ▲ 131% |
| Services and other goods61 | €1.6m | €1.7m | €1.7m | €1.7m | €2.2m | ▲ 27.0% |
| Remuneration, social security and pensions62 | €2.0m | €2.1m | €2.5m | €2.1m | €2.3m | ▲ 8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,082 | €71,098 | €72,566 | €85,514 | €76,284 | ▼ 10.8% |
| Other operating charges640/8 | €36,975 | €37,022 | €45,223 | €51,135 | €47,030 | ▼ 8.0% |
| Operating profit (loss)9901 | -€437,987 | -€106,527 | €202,900 | €83,135 | €558,564 | ▲ 572% |
| Financial income75/76B | €56,933 | €1,733 | €6,898 | €383 | €629 | ▲ 64.1% |
| Recurring financial income75 | €1,916 | €1,733 | €6,898 | €383 | €629 | ▲ 64.1% |
| Other financial income752/9 | €1,916 | €1,733 | €6,898 | €383 | €629 | ▲ 64.1% |
| Non-recurring financial income76B | €55,017 | - | - | - | - | - |
| Financial charges65/66B | €17,935 | €20,182 | €42,664 | €75,974 | €83,004 | ▲ 9.3% |
| Recurring financial charges65 | €17,935 | €20,182 | €42,664 | €75,974 | €83,004 | ▲ 9.3% |
| Debt charges650 | - | €5,918 | €17,317 | €35,070 | €57,857 | ▲ 65.0% |
| Other financial charges652/9 | €17,935 | €14,264 | €25,347 | €40,904 | €25,147 | ▼ 38.5% |
| Profit (loss) for the period before taxes9903 | -€398,988 | -€124,976 | €167,133 | €7,544 | €476,188 | ▲ 6,212% |
| Income taxes67/77 | €128 | €2,283 | €2,721 | €2,721 | €95,884 | ▲ 3,424% |
| Taxes670/3 | €1,543 | €2,283 | €2,721 | €2,721 | €95,884 | ▲ 3,424% |
| Tax adjustments and reversals of tax provisions77 | €1,416 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€399,116 | -€127,258 | €164,413 | €4,823 | €380,304 | ▲ 7,785% |
| Profit (loss) for the period to be appropriated9905 | -€399,116 | -€127,258 | €164,413 | €4,823 | €380,304 | ▲ 7,785% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.2m | €4.0m | €4.3m | €3.3m | €5.1m | ▲ 51.6% |
| Formation expenses20 | - | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | €448,541 | €458,264 | €463,821 | €436,740 | €368,702 | ▼ 15.6% |
| Intangible fixed assets21 | - | - | €8,847 | €35,892 | €25,567 | ▼ 28.8% |
| Tangible fixed assets22/27 | €448,041 | €457,764 | €454,474 | €400,349 | €342,635 | ▼ 14.4% |
| Land and buildings22 | - | - | €50,307 | €55,453 | €39,801 | ▼ 28.2% |
| Plant, machinery and equipment23 | €29,845 | €47,906 | €38,527 | €14,913 | €1,352 | ▼ 90.9% |
| Furniture and vehicles24 | €71,809 | €61,024 | €38,116 | €23,770 | €16,580 | ▼ 30.2% |
| Leasing and similar rights25 | - | - | €0 | €0 | €0 | - |
| Other tangible fixed assets26 | €346,387 | €348,833 | €327,523 | €306,213 | €284,902 | ▼ 7.0% |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Other financial fixed assets284/8 | €500 | €500 | €500 | €500 | €500 | = |
| Amounts receivable and cash guarantees285/8 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €2.8m | €3.6m | €3.8m | €2.9m | €4.7m | ▲ 61.7% |
| Stocks and contracts in progress3 | €439,722 | €804,338 | €809,458 | €722,953 | €1.5m | ▲ 102% |
| Stocks30/36 | €181,361 | €171,666 | €175,264 | €233,117 | €215,275 | ▼ 7.7% |
| Raw materials and consumables30/31 | €181,361 | €171,666 | €175,264 | €233,117 | €215,275 | ▼ 7.7% |
| Contracts in progress37 | €258,361 | €632,672 | €634,194 | €489,836 | €1.2m | ▲ 155% |
| Amounts receivable within one year40/41 | €1.8m | €1.9m | €2.4m | €1.3m | €3.1m | ▲ 144% |
| Trade receivables40 | €1.8m | €1.9m | €2.3m | €1.2m | €1.9m | ▲ 64.0% |
| Other amounts receivable41 | €735 | €50,552 | €86,120 | €104,659 | €1.2m | ▲ 1,036% |
| Cash at bank and in hand54/58 | €519,773 | €798,316 | €530,441 | €875,648 | €111,118 | ▼ 87.3% |
| Deferred charges and accrued income490/1 | €11,537 | €19,055 | €35,860 | €34,846 | €19,046 | ▼ 45.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.2m | €4.0m | €4.3m | €3.3m | €5.1m | ▲ 51.6% |
| Equity10/15 | €1.2m | €1.1m | €1.1m | €1.1m | €1.5m | ▲ 33.9% |
| Contributions10/11 | €697,671 | €697,671 | €697,671 | €697,671 | €697,671 | = |
| Capital10 | €697,671 | €697,671 | €697,671 | €697,671 | €697,671 | = |
| Issued capital100 | €697,671 | €697,671 | €697,671 | €697,671 | €697,671 | = |
| Reserves13 | €250,486 | €250,486 | €250,486 | €250,486 | €250,486 | = |
| Non-distributable reserves130/1 | €69,767 | €69,767 | €69,767 | €69,767 | €69,767 | = |
| Legal reserve130 | €69,767 | €69,767 | €69,767 | €69,767 | €69,767 | = |
| Tax-exempt reserves132 | - | - | €0 | - | - | - |
| Distributable reserves133 | €180,719 | €180,719 | €180,719 | €180,719 | €180,719 | = |
| Profit (loss) carried forward14 | €294,642 | €167,384 | €167,384 | €172,207 | €552,511 | ▲ 221% |
| Amounts payable17/49 | €2.0m | €2.9m | €3.2m | €2.2m | €3.6m | ▲ 60.5% |
| Amounts payable within one year42/48 | €2.0m | €2.9m | €3.2m | €2.2m | €3.5m | ▲ 57.0% |
| Financial debts43 | €50,878 | - | - | - | - | - |
| Credit institutions430/8 | €50,878 | - | - | - | - | - |
| Trade debts44 | €855,830 | €2.2m | €1.8m | €1.6m | €1.1m | ▼ 27.5% |
| Suppliers440/4 | €855,830 | €2.2m | €1.8m | €1.6m | €1.1m | ▼ 27.5% |
| Advances received on contracts in progress46 | €672,506 | €326,562 | €380,618 | €41,199 | €794,032 | ▲ 1,827% |
| Taxes, remuneration and social security45 | €299,846 | €327,231 | €264,238 | €217,815 | €405,906 | ▲ 86.4% |
| Taxes450/3 | €116,966 | €43,277 | €30,695 | €36,228 | €132,640 | ▲ 266% |
| Remuneration and social security454/9 | €182,880 | €283,954 | €233,542 | €181,586 | €273,266 | ▲ 50.5% |
| Other amounts payable47/48 | €79,242 | €50,000 | €715,913 | €400,000 | €1.2m | ▲ 188% |
| Accrued charges and deferred income492/3 | €12,000 | €7,104 | €3,840 | €12,717 | €96,543 | ▲ 659% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€399,116 | -€127,258 | €164,413 | €4,823 | €380,304 | ▲ 7,785% |
| + Depreciation and write-downs630 | €60,082 | €71,098 | €72,566 | €85,514 | €76,284 | ▼ 10.8% |
| Operating cash flow (approximation) | -€339,034 | -€56,160 | €236,978 | €90,337 | €456,589 | ▲ 405% |
| Investment in fixed assets (approximation) | - | -€80,821 | -€78,122 | -€58,434 | -€8,246 | ▲ 85.9% |
| Change in cash | - | €278,543 | -€267,874 | €345,207 | -€764,530 | ▼ 321% |
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
03-09
State Gazette act
Reappointment: Democo Group NV (director)Permanent representatives: Philip Demot, Antal Potocan and 3 others12 facts ▸
- General meeting, 12-06-2026
- Director reappointment, Democo Group NV (director)
- Permanent representative, Philip Demot (permanent representative)
- Board composition, Manpo BV (director)
- Permanent representative, Antal Potocan (permanent representative)
- Board composition, Sarkri NV (director)
- Permanent representative, Kristof Houben (permanent representative)
- Board composition, TDevelopment BV (director)
- Permanent representative, Thibaud Demot (permanent representative)
- Board composition, Democo Group NV (director)
- Board composition, Rafine BV (director)
- Permanent representative, Raf Houben (permanent representative)
04-03
State Gazette act
Resignation: MaLiBe BV (director)Permanent representatives: Antal Potocan, Kristof Houben and 3 others12 facts ▸
- General meeting, 07-01-2026
- Director resignation, MaLiBe BV (director)
- Board composition, Manpo BV (director)
- Permanent representative, Antal Potocan
- Board composition, Sarkri NV (director)
- Permanent representative, Kristof Houben
- Board composition, TDevelopment BV (director)
- Permanent representative, Thibaud Demot
- Board composition, Democo Group NV (director)
- Permanent representative, Philip Demot
- Board composition, Rafine BV (director)
- Permanent representative, Raf Houben
14-07
State Gazette act
Appointment: BDO Bedrijfsrevisoren (statutory auditor)Mandate compensation · Power of attorney · Shareholder7 facts ▸
- General meeting, 24-06-2025
- Auditor appointment, BDO Bedrijfsrevisoren (statutory auditor)
- Mandate compensation, BDO Bedrijfsrevisoren
- Power of attorney, Thibaud Demot
- Power of attorney, Johan Van den Broeck
- Shareholder, TDevelopment BV
- Shareholder, MaLiBe BV
09-09
State Gazette act
Resignation: Tiga-R (director)Appointments: Rafine BV (director) and Manpo BV (managing director) · Permanent representatives: Raf Houben, Antal Potocan and 4 others · Reappointment: Manpo BV (director)18 facts ▸
- General meeting, 11-07-2024
- Director resignation, Tiga-R (director)
- Director appointment, Rafine BV (director)
- Permanent representative, Raf Houben
- Director reappointment, Manpo BV (director)
- Permanent representative, Antal Potocan
- Board composition, Democo Group NV (director)
- Permanent representative, Philip Demot
- Board composition, Rafine BV (director)
- Board composition, Sarkri BV (director)
- Permanent representative, Kristof Houben
- Board composition, Tdeveiopment BV (director)
- +6 further facts in this act
26-06
State Gazette act
Resignation: FBConstruct BV (director)Permanent representatives: Frederik Bijnens, Thibaud Demot and 5 others · Appointment: TDevelopment BV (director)16 facts ▸
- General meeting, 05-03-2024
- Director resignation, FBConstruct BV (director)
- Permanent representative, Frederik Bijnens
- Director appointment, TDevelopment BV (director)
- Permanent representative, Thibaud Demot
- Board composition, Manpo NV (director)
- Permanent representative, Potocan Antal
- Board composition, Democo Group NV (director)
- Permanent representative, Philip Demot
- Board composition, Tiga-R NV (director)
- Permanent representative, Rudy Houben
- Board composition, Sarkri BV (director)
- +4 further facts in this act
13-03
State Gazette act
Statutes amendmentCapital · Power of attorney5 facts ▸
- General meeting, 27-12-2023
- Statutes amendment
- Statutes amendment
- Capital, €697.671,31
- Power of attorney, BAPTIST Annelies
12-01
State Gazette act
Permanent representatives: Kristof Houben, Rudy Houben and 2 others5 facts ▸
- General meeting, 03/08/2023
- Permanent representative, Kristof Houben
- Permanent representative, Rudy Houben
- Permanent representative, Johan Van den Broeck
- Permanent representative, Ronny Houben
Show earlier events
05-01
State Gazette act
Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Philip Demot and Houben Rudy4 facts ▸
- General meeting, 03-06-2022
- Auditor reappointment, BDO Bedrijfsrevisoren BV
- Permanent representative, Philip Demot
- Permanent representative, Houben Rudy
12-04
State Gazette act
Resignations: Rudy Houben, Ronny Houben and Democo Group NVAppointments: Tiga-R NV, Sarkri NV and 4 others · Permanent representatives: Rudy Houben, Ronny Houben and 4 others23 facts ▸
- General meeting, 21-02-2022
- Director resignation, Rudy Houben (director)
- Director resignation, Ronny Houben (director)
- Director appointment, Tiga-R NV (director)
- Permanent representative, Rudy Houben
- Director appointment, Sarkri NV (director)
- Permanent representative, Ronny Houben
- Director appointment, FB Construct BV (director)
- Permanent representative, Frederik Bijnens
- Director appointment, MaLiBe BV (director)
- Permanent representative, Johannes Van Den Broeck
- Board composition, Democo Group NV (managing director)
- +11 further facts in this act
19-07
State Gazette act
Reappointment: Democo Group nv (managing director)Permanent representatives: Philip Demot and Altan Potocan · Resignation: Michel Demot (director) · Director discharge13 facts ▸
- Board meeting, 26-04-2021
- Director reappointment, Democo Group nv (managing director)
- Permanent representative, Philip Demot
- Director resignation, Michel Demot (director)
- General meeting, 26-05-2021
- Director reappointment, Democo Group nv (director)
- Director resignation, Michel Demot (director)
- Director discharge, Michel Demot
- Board composition, Democo Group nv (managing director)
- Board composition, Ronny Houben (director)
- Board composition, Rudy Houben (director)
- Board composition, Manpo bv (director)
- +1 further facts in this act
15-01
State Gazette act
Resignation: Philip Demot (director)Permanent representative: Philip Demot · Power of attorney6 facts ▸
- General meeting, 16-12-2019
- Director resignation, Philip Demot (director)
- Power of attorney, Eubelius CVBA
- Board meeting, 16-12-2019
- Permanent representative, Philip Demot (permanent representative)
- Power of attorney, Eubelius CVBA
05-12
State Gazette act
Reappointments: Democo Group NV, Philip Demot and BDO Bedrijfsrevisoren CVBAPermanent representatives: Philip Demot, Antal Potocan and 2 others · Appointment: Democo Group NV (managing director)17 facts ▸
- General meeting, 27-05-2015
- Director reappointment, Democo Group NV (director)
- Permanent representative, Philip Demot
- Board meeting, 27-05-2015
- Director appointment, Democo Group NV (managing director)
- General meeting, 29-05-2019
- Director reappointment, Philip Demot (director)
- Board composition, Michel Demot (director)
- Board composition, Rudy Houben (director)
- Board composition, Ronny Houben (director)
- Board composition, Democo Group NV (director)
- Board composition, BVBA Manpo (director)
- +5 further facts in this act
12-10
State Gazette act
RestructuringDemerger · Accounting effect · Capital decrease8 facts ▸
- General meeting, 10-07-2018
- Demerger, Partiële splitsing van DEHOLI en DMI VASTGOED met inbreng in DECONSTRUCT, partielle splitsing
- Accounting effect, 01-01-2018
- Capital decrease, €46.328,69
- Capital, €697.671,31
- Share issue, Nieuwe aandelen uitgegeven als vergoeding voor de inbreng, 25160
- Power of attorney, K law burgerlijke CVBA
- Share allocation, Toegekend aan de aandeelhouders van DEHOLI, de eerste partieel te splitsen vennootschap, a rato van hun aandelenbezit in de partieel gesplitste vennootschap, 34…
04-10
State Gazette act
Reappointments: Rudy Houben, Ronny Houben and Michel DemotAppointment: Manpo BVBA (director) · Permanent representative: Potocan Antal7 facts ▸
- General meeting, 30-05-2018
- Director reappointment, Rudy Houben (director)
- Director reappointment, Ronny Houben (director)
- Director reappointment, Michel Demot (director)
- General meeting, 13-07-2018
- Director appointment, Manpo BVBA (director)
- Permanent representative, Potocan Antal
05-06
State Gazette act
RestructuringPermanent representatives: Philip Demot and Pieter Vanhout · Demerger · Capital69 facts ▸
- Board meeting, 25-05-2018
- Demerger, partielle splitsing door overneming
- Demerger, partielle splitsing door overneming
- Capital, €744.000
- Capital, €5.214.000
- Capital, €1.487.400
- Board composition, Rudy Houben (director)
- Board composition, Ronny Houben (director)
- Board composition, Philip Demot (director)
- Board composition, Michel Demot (director)
- Board composition, Democo Group NV (managing director)
- Permanent representative, Philip Demot
- +57 further facts in this act
13-02
State Gazette act
Resignation: KPMG Bedrijfsrevisoren (statutory auditor)Appointment: BDO Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Gert Maris and Michel Demot · Director discharge6 facts ▸
- General meeting, 28-04-2017
- Director resignation, KPMG Bedrijfsrevisoren (statutory auditor)
- Director discharge, KPMG Bedrijfsrevisoren
- Director appointment, BDO Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Gert Maris
- Permanent representative, Michel Demot
25-09
State Gazette act
Appointment: NV Democo Group (gedelegeerd bestuurder)Permanent representative: Philip Demot3 facts ▸
- General meeting, 27-05-2015
- Director appointment, NV Democo Group (gedelegeerd bestuurder)
- Permanent representative, Philip Demot
28-07
State Gazette act
Appointment: KPMG & Partners BVBA (statutory auditor)Permanent representative: Wim Heyndrickx3 facts ▸
- General meeting, 28-05-2014
- Auditor appointment, KPMG & Partners BVBA (statutory auditor)
- Permanent representative, Wim Heyndrickx
02-08
State Gazette act
Appointments: Philip Demot (director) and NV DEMOCO GROUP (gedelegeerd bestuurder)Permanent representative: Philip Demot4 facts ▸
- General meeting, 29-05-2013
- Director appointment, Philip Demot (director)
- Director appointment, NV DEMOCO GROUP (gedelegeerd bestuurder)
- Permanent representative, Philip Demot
03-08
State Gazette act
Appointments: Michel Demot, Rudy Houben and Ronny Houben4 facts ▸
- General meeting, 30-05-2012
- Director appointment, Michel Demot (director)
- Director appointment, Rudy Houben (director)
- Director appointment, Ronny Houben (director)
02-08
State Gazette act
Appointment: KPMG & Partners (statutory auditor)Permanent representative: Wim Heyndrickx3 facts ▸
- General meeting, 25-05-2011
- Auditor appointment, KPMG & Partners (statutory auditor)
- Permanent representative, Wim Heyndrickx
26-07
State Gazette act
Capital & shares · Statutes amendment · Resignations & appointmentsCapital · Capital increase7 facts ▸
- General meeting, 20-05-2011
- Capital, €743.680,57
- Capital increase, €319,43
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Capital, €744.000
30-11
State Gazette act
Appointment: DEMOCO GROUP (gedelegeerd bestuurder)Permanent representative: Philip Demot3 facts ▸
- General meeting, 29-05-2009
- Director appointment, DEMOCO GROUP (gedelegeerd bestuurder)
- Permanent representative, Philip Demot
12-10
State Gazette act
Reappointment: DEMOCO GROUP (director)Permanent representative: Philip Demot3 facts ▸
- General meeting, 29-05-2009
- Director reappointment, DEMOCO GROUP (director)
- Permanent representative, Philip Demot
26-11
State Gazette act
Appointment: Salustro, Triest, Vleck (statutory auditor)Permanent representative: Wim Heyndrickx3 facts ▸
- General meeting, 27-05-2005
- Auditor appointment, Salustro, Triest, Vleck (statutory auditor)
- Permanent representative, Wim Heyndrickx
30-05
State Gazette act
Resignations & appointmentsPower of attorney1 fact ▸
- Power of attorney, Wim Heyndrickx
06-06
State Gazette act
Resignation: Frans Houben (director)1 fact ▸
- Director resignation, Frans Houben (director)
Directors · office · real estate
Board 8
2 not recently confirmed
Day-to-day management 1
2 not recently confirmed
Permanent representatives 8
Statutory auditor 1
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015C0784/00M000 | Flanders | 5,358 m² | 1 · 4,132 m² | - |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| MANPO |
|
| DEMOCO GROUP |
|
| FBConstruct |
|
| MaLiBe |
|
| SARKRI |
|
| TIGA-R |
|
| TDEVELOPMENT |
|
| Rafine |
|
| BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES |
|
| DEMOCO GROUP |
|
| Democo Group NV |
|
| MaLiBe BV |
|
| Tiga-R |
|
| FBConstruct BV |
|
| Ronny Houben |
|
| Rudy Houben |
|
| Michel Demot |
|
| Philip DEMOT |
|
| KPMG Réviseurs d'Entreprises |
|
| KPMG & Partners BVBA |
|
| Salustro Triest Vleck |
|
| FRANS HOUBEN |
|
Articles of association
Full purpose
De studie, het construeren, het leveren, vervoeren en plaatsen van alle schrijnwerkerij in hout, kunststof, aluminium, staal, enzovoort, zowel voor binnen- als buitenwerk. De studie en uitvoering van alle algemene aannemingen... Alle algemene bouwondernemingen... De vervaardiging, de groot- en kleinhandel... De studie en de uitvoering van alle interieurinrichtingen... Alle brevetten, uitvindingen, tekeningen, plannen en merken in verband met voorgaand voorwerp kopen, verkopen, huren, verhuren en exploiteren.
Structure & network
Owners and holdings
2 ownersChain of control
- CYGA
- DEMOCO GROUP
- DEHOLI
Highest known parent: CYGA. The sources do not say who stands above it.
Owners 2
-
80%
-
20%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of DEHOLI and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
16 connected companiesShow 12 more companies with a shared director
Acquisitions and mergers
1 transactionCapital and shareholders
- 13-03-2024 Capital stated in the act · 697,671.31 EUR · 4,181 shares
- 12-10-2018 Capital reduction of 46,328.69 EUR · to 697,671.31 EUR
- 05-06-2018 Capital reduction of 46,328.69 EUR · to 697,671.31 EUR
- 26-07-2011 Capital increase of 319.43 EUR · to 744,000 EUR
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 59,329 EUR awarded · 59,329 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,215 EUR | 2,215 EUR |
| 2024 | 2 | 7,226 EUR | 7,226 EUR |
| 2023 | 2 | 25,545 EUR | 25,545 EUR |
| 2022 | 2 | 24,343 EUR | 24,343 EUR |
Recognitions · licences · registrations
Recognised contractor
8 categoriesDual-learning approval
1 endedSimilar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.