Equity
€328,906 ▲ 47.1%
Dema Company has made a profit in every financial year since 2020.
Dema Company
Lifetime
6 annual accounts with figures on one time axispeak €443,547 (2025)
€443,547▲ 24.9%
peak €119,199 (2023)
€105,275▲ 338%
peak €328,906 (2025)
€328,906▲ 47.1%
€1.0m▲ 100%
peak 3.5 FTE (2024)
2.8 FTE▼ 20.0%
Board3 names since 2019
1 directorDEMA Gurian
Documentsfilings and deeds
28-07-20263 days before the deadline
2025abbreviated format
Gross margin from €355,007 to €443,547Result from €24,016 to €105,275Staff from 3.5 FTE to 2.8 FTERegistered office moved to Perk 16-04Registered office moved from Waterloo to Perk 09-04Equity from €223,631 to €328,906
Key points
from the 2025 annual accountsResult
€105,275 ▲ 338%
The result rose in 2025 from €24,016 to €105,275.
Debts
€1.0m ▲ 100%
Debts rose by €521,981 in 2025.
Investments
€302,468 5.5 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 65.0% higher than in 2024.
Staff
4 employees on 31-12-2025
In 2025, nobody joined and 3 people left.
Filings
6 annual accounts 2 late
The 2024 accounts came latest: 28 days after the end of the period.
Checked score
65
Healthy
Financially stronger than 56% of micro companies in waste collection and treatment (NACE 38)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 520 companies (NACE 38, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025lowest value
04-2025: 1.2%▲ +0.2 percentage points vs 03-2025
05-2025: 4.3%▲ +3.1 percentage points vs 04-2025
06-2025: 4.4%▲ +0.1 percentage points vs 05-2025
07-2025: 4.6%▲ +0.2 percentage points vs 06-2025
08-2025: 5.5%▲ +0.9 percentage points vs 07-2025
09-2025: 5.6%▲ +0.1 percentage points vs 08-2025highest value
10-2025: 5.6%● unchanged vs 09-2025highest value
11-2025: 5.5%▼ -0.1 percentage points vs 10-2025
12-2025: 5.5%● unchanged vs 11-2025
01-2026: 5.5%● unchanged vs 12-2025
02-2026: 5.5%● unchanged vs 01-2026
03-2026: 4.9%▼ -0.6 percentage points vs 02-2026
04-2026: 5.2%▲ +0.3 percentage points vs 03-2026
05-2026: 5.2%● unchanged vs 04-2026
06-2026: 5.0%▼ -0.2 percentage points vs 05-2026
07-2026: 5.5%▲ +0.5 percentage points vs 06-2026
08-2026: 5.0%▼ -0.5 percentage points vs 07-2026
09-2026: 1.3%▼ -3.7 percentage points vs 08-2026
10-2026: 1.3%● unchanged vs 09-2026
11-2026: 1.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
Liquidity: current ratio 1.48, cash €12,357
Founded in 2019
lowers risk
Figures for financial year 2025 (filed on 28-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 38, micro). It does better than 35% of them on solvency, 34% on liquidity, 67% on profitability and 87% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as Dema Company has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Dema Company itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for Dema Company. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.48 (1.39 in 2024), below the usual 1.5. Short-term debt is 31.5% and cash 0.9% of total assets. 76% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 days early
2024
28 days late
2023
131 days early
2022
133 days early
2021
11 days late
2020
60 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 48 days before the deadline. In the sector (NACE 38), the median for financial year 2024 was 8 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 accounts filed within 127 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0738574628
Registered office moved to Perk
New registered office: Tervuursesteenweg 54, 1820 Perk · Gazette deed
Registered office moved from Waterloo to Perk
New registered office: Tervuursesteenweg 54, 1820 Perk · Previous registered office: Avenue Reine Astrid 209, 1410 Waterloo · General meeting of 03-04-2025 · Gazette deed
Registered office moved within Waterloo
New registered office: Avenue Reine Astrid, 209 à 1410 Waterloo · Previous registered office: 25 Avenue Valentin Tondeur à 1410 Waterloo · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Dema Company Steenokkerzeel | €1.4m | €443,547 | 24.0% | 2.8 |
| C4WASTE Charleroi | €3.1m | €837,618 | 33.1% | 1.5 |
| RECUPBAT Antwerp | €2.7m | €565,567 | -7.7% | 3.8 |
| BREETON Maldegem | €1.8m | €469,293 | 9.4% | 4.1 |
| Watt4ever Tienen | €1.6m | -€394,728 | -64.7% | 7.6 |
| Metaalhandel Schmitz Bonheiden | €0.4m | €84,739 | 61.0% | - |
| SOLI-TER Liège | €0.3m | €196,634 | 17.9% | - |
These companies have the same main activity as Dema Company: waste collection, recovery and disposal activities (NACE 38120). They are comparable in size and age: total assets between €294,000 and €3.1m, founded between 1999 and 2023.
Official details
Source: KBO- Status
- Active since 29-11-2019Normal situation
- Activity
- Waste collection, recovery and disposal activitiesNACE 38120and 6 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.312.449.9101410 Waterloo, since 29-11-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 17-10-2025
Annual accounts 2025
- ≈ €1.0mestimated
- €1.4m▲ 84.3%
- Employeeson 31-12-2025
- 4▼ 33.3%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on Dema Company
Dema Company files the abbreviated format. That format states no turnover. The gross margin rose from €18,575 in 2020 to €443,547 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Dema Company
- What is the company number of Dema Company?
- The company number of Dema Company is 0738.574.628. The VAT number is the same number with BE in front: BE 0738.574.628.
- Where is Dema Company based?
- The registered office is at Tervuursesteenweg 54, 1820 Steenokkerzeel.Company details
- What does Dema Company do?
- According to the KBO register, the main activity is waste collection, recovery and disposal activities (NACE 38120).
- What is the legal form of Dema Company?
- Dema Company is a private limited company (BV).
- When was Dema Company founded?
- Dema Company was founded on 29-11-2019.
- Is Dema Company still active?
- Yes, Dema Company is an active enterprise in the KBO register.
- How many employees does Dema Company have?
- Dema Company had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Dema Company fall under?
- In its 2025 annual accounts, Dema Company states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Dema Company?
- The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €443,547 and 2,275 comparable companies of the same size. It probably lies between €630,000 and €1.8m. It is a rough estimate.
- Is Dema Company profitable?
- In financial year 2025, Dema Company made a profit of €105,275.
- Where can I find the annual accounts of Dema Company?
- Dema Company filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Dema Company due?
- Dema Company must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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