DEMA & ARBER CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of DEMA & ARBER CONSTRUCT is 1.6% (moderate). The 2025 annual accounts show equity of €212,680 and a net result of €15,032. Equity is growing by ~45.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 2213 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-18
Solvency53▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 1.95 against 1.67 in 2024; short-term debt: 37.1% and cash: 1.9% of total assets), but 72.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.8%
Return on assets
2%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-05-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
13 d late
2024
8 d late
2023
on the day
2022
2 d late
2021
18 d late
2020
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average on the deadline day; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Equity
€212,680▲ 7.6%
2024 · €197,648
Total assets
€764,649▲ 55.3%
2024 · €492,229
Net result
€15,032▼ 85.2%
2024 · €101,476
Working capital
€269,259▲ 37.1%
2024 · €196,448
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€4,381▲ 22.4%€76,902€1,389▼ 98.2%€138,260▲ 9,851%€26,435▼ 80.9%
Net result-€6,415▼ 13.7%€58,849-€617€101,476€15,032▼ 85.2%
Equity€37,941▼ 14.5%€96,790▲ 155%€96,173▼ 0.6%€197,648▲ 106%€212,680▲ 7.6%
Total assets€631,825▲ 113%€174,429▼ 72.4%€101,667▼ 41.7%€492,229▲ 384%€764,649▲ 55.3%
Debt€593,885▲ 135%€77,640▼ 86.9%€5,495▼ 92.9%€294,581▲ 5,261%€551,969▲ 87.4%
Working capital€37,733▼ 12.6%€95,590▲ 153%€94,973▼ 0.6%€196,448▲ 107%€269,259▲ 37.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 81% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €764,649
Fixed assets
€211,521 ▲ 17,527%
Current assets
€553,128 ▲ 12.6%
Equity and liabilities €764,649
Equity
€212,680 ▲ 7.6%
Debt
€551,969 ▲ 87.4%
Debt's share of the balance-sheet total rises from 59.8% to 72.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39,452
Cash flow
€28,049
Current ratio
1.95▲
2024 · 1.67
Quick ratio
0.35▼
2024 · 0.53
Debt to equity
2.60▲
2024 · 1.49
ROE
7.1%▼
2024 · 51.3%
ROA
2.0%▼
2024 · 20.6%
Interest coverage
6.17
Debt ≤ 1 year
€283,868▼
2024 · €294,581
Debt > 1 year
€268,100
Income taxes
€5,012▼
2024 · €36,715
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,365 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.7%
went bankrupt
1.4%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% 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 2,365 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €13,017 | - |
| Other operating charges640/8 | €348 | €371 | €705 | €7,197 | €1,004 | ▼ 86.1% |
| Gross operating margin9900 | -€4,034 | €77,273 | €2,095 | €145,457 | €40,456 | ▼ 72.2% |
| Operating profit (loss)9901 | -€4,381 | €76,902 | €1,389 | €138,260 | €26,435 | ▼ 80.9% |
| Financial income75/76B | €0 | - | - | - | - | - |
| Recurring financial income75 | €0 | - | - | - | - | - |
| Financial charges65/66B | €2,034 | €2,465 | €2,006 | €69 | €6,391 | ▲ 9,160% |
| Recurring financial charges65 | €2,034 | €2,465 | €2,006 | €69 | €6,391 | ▲ 9,160% |
| Profit (loss) for the period before taxes9903 | -€6,415 | €74,437 | -€617 | €138,191 | €20,044 | ▼ 85.5% |
| Income taxes67/77 | - | €15,588 | €0 | €36,715 | €5,012 | ▼ 86.3% |
| Profit (loss) for the period9904 | -€6,415 | €58,849 | -€617 | €101,476 | €15,032 | ▼ 85.2% |
| Profit (loss) for the period to be appropriated9905 | -€6,415 | €58,849 | -€617 | €101,476 | €15,032 | ▼ 85.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €631,825 | €174,429 | €101,667 | €492,229 | €764,649 | ▲ 55.3% |
| Fixed assets21/28 | €1,200 | €1,200 | €1,200 | €1,200 | €211,521 | ▲ 17,527% |
| Tangible fixed assets22/27 | - | - | - | - | €211,521 | - |
| Land and buildings22 | - | - | - | - | €211,521 | - |
| Financial fixed assets28 | €1,200 | €1,200 | €1,200 | €1,200 | €0 | ▼ 100% |
| Current assets29/58 | €630,625 | €173,229 | €100,467 | €491,029 | €553,128 | ▲ 12.6% |
| Stocks and contracts in progress3 | €612,285 | €20,836 | €0 | €335,504 | €454,173 | ▲ 35.4% |
| Stocks30/36 | €612,285 | €20,836 | €0 | €335,504 | €454,173 | ▲ 35.4% |
| Amounts receivable within one year40/41 | €1,692 | €489 | €3,734 | €124,436 | €83,878 | ▼ 32.6% |
| Trade receivables40 | €150 | €0 | - | €59,000 | €51,694 | ▼ 12.4% |
| Other amounts receivable41 | €1,542 | €489 | €3,734 | €65,436 | €32,183 | ▼ 50.8% |
| Cash at bank and in hand54/58 | €11,063 | €151,100 | €96,733 | €31,089 | €14,849 | ▼ 52.2% |
| Deferred charges and accrued income490/1 | €5,585 | €805 | €0 | - | €228 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €631,825 | €174,429 | €101,667 | €492,229 | €764,649 | ▲ 55.3% |
| Equity10/15 | €37,941 | €96,790 | €96,173 | €197,648 | €212,680 | ▲ 7.6% |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | - | €46,790 | €46,173 | €147,648 | €162,680 | ▲ 10.2% |
| Distributable reserves133 | - | €46,790 | €46,173 | €147,648 | €162,680 | ▲ 10.2% |
| Profit (loss) carried forward14 | -€12,059 | €0 | - | - | - | - |
| Amounts payable17/49 | €593,885 | €77,640 | €5,495 | €294,581 | €551,969 | ▲ 87.4% |
| Amounts payable after more than one year17 | - | - | - | - | €268,100 | - |
| Financial debts170/4 | - | - | - | - | €268,100 | - |
| Amounts payable within one year42/48 | €592,892 | €77,640 | €5,495 | €294,581 | €283,868 | ▼ 3.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €15,151 | - |
| Financial debts43 | - | - | - | - | €17,618 | - |
| Credit institutions430/8 | - | - | - | - | €17,618 | - |
| Trade debts44 | €457,995 | €10 | €124 | €126,516 | €23 | ▼ 100.0% |
| Suppliers440/4 | €457,995 | €10 | €124 | €126,516 | €23 | ▼ 100.0% |
| Taxes, remuneration and social security45 | - | €15,588 | €0 | €36,720 | €3,785 | ▼ 89.7% |
| Taxes450/3 | - | €15,588 | €0 | €36,720 | €3,785 | ▼ 89.7% |
| Other amounts payable47/48 | €134,898 | €62,042 | €5,370 | €131,345 | €247,291 | ▲ 88.3% |
| Accrued charges and deferred income492/3 | €993 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,415 | €58,849 | -€617 | €101,476 | €15,032 | ▼ 85.2% |
| + Depreciation and write-downs630 | - | - | - | - | €13,017 | - |
| Operating cash flow (approximation) | -€6,415 | €58,849 | -€617 | €101,476 | €28,049 | ▼ 72.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€223,338 | - |
| Change in cash | - | €140,037 | -€54,366 | -€65,645 | -€16,239 | ▲ 75.3% |
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
Next filing, fiscal year 2026, expected by
2026
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
30-09
Financial
Equity above €200,000Eq €212,680 ▲7.6%
2 profitable years in a row build equity to €212,680.
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 8 days late
2024
30-09
Financial
Back to profitnet €101,476
Net result €101,476 after one loss-making year.
30-09
Financial
Equity above €150,000Eq €197,648 ▲106%
Equity rises from €96,173 to €197,648.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Liquidity times 8current ratio 18.28
Current ratio from 2.23 to 18.28; short-term debt falls from €77,640 to €5,495.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
30-09
Financial
Back to profitnet €58,849
Net result €58,849 after 2 loss-making years.
30-09
Financial
Liquidity doublescurrent ratio 2.23
Current ratio from 1.06 to 2.23; short-term debt falls from €592,892 to €77,640.
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
30-09
Financial
Weakest financial yearnet -€6,415
Net result drops to -€6,415, the lowest in the series; recovery starts the following year.
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Roeselare · 1 establishment unit since 2019
Ground area
534 m²
Building footprint
177 m²
Parcel 36015A0986/00C007, Flanders. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
DEMA & ARBER CONSTRUCT
since 20192.286.033.840
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A0986/00C007 | Flanders | 534 m² | 1 · 177 m² | - |
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.
Structure & network
Owners and holdings
1 ownerChain of control
- MARIGONE
- DEMA & ARBER CONSTRUCT
Highest known parent: MARIGONE. The sources do not say who stands above it.
Owners 1
- MARIGONEparentSourceaccounts MARIGONE 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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
No current directors or connected companies found in the register.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,042. 11,942 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
Founded07-02-2019
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Contact
Phone
0498/75.09.19Roeselare
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719924496
Also
9925:BE0719924496
Registered
08-08-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.