Demaco
ActiveDemaco has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €382k and a net result of €34k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 2503 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▼-33
Solvency66▲+5
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity short (current ratio 0.63 against 0.66 in 2024), and 47.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
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
52.7%
Return on assets
4.7%
Age of the figures
11 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
5 d early
2022
18 d early
2021
2 d early
2020
8 d early
2019
37 d early
← before the deadline
after the deadline →
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
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€382k▲ 9.7%
2024 · €348k
2018: €128k
2019: €168k
2020: €199k
2021: €231k
2022: €275k
2023: €310k
2024: €348k
2018 → 2025
Total assets
€726k▼ 7.0%
2024 · €781k
2018: €944k
2019: €927k
2020: €909k
2021: €901k
2022: €840k
2023: €858k
2024: €781k
2018 → 2025
Net result
€34k▼ 36.8%
2024 · €54k
2018: €31k
2019: €40k
2020: €31k
2021: €31k
2022: €44k
2023: €83k
2024: €54k
2018 → 2025
Working capital
€-80k▼ 11.1%
2024 · €-72k
2018: €-152k
2019: €-133k
2020: €-113k
2021: €-101k
2022: €-90k
2023: €-82k
2024: €-72k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€231k-€275k▲ 19.3%€310k▲ 12.8%€348k▲ 12.3%€382k▲ 9.7%
Operating result€54k-€69k▲ 28.1%€121k▲ 75.3%€94k▼ 21.8%€64k▼ 32.2%
Net result€31k-€44k▲ 41.6%€83k▲ 87.1%€54k▼ 35.6%€34k▼ 36.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €726k
Fixed assets
€591k▼ 7.3%
Current assets
€134k▼ 6.1%
Equity and liabilities €726k
Equity
€382k▲ 9.7%
Provisions
€491▼ 98.6%
Debt
€343k▼ 13.7%
The debt ratio falls from 50.9% to 47.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€113k▼
2024 · €144k
Cash flow
€83k▼
2024 · €103k
Solvency
52.7%▲
2024 · 44.6%
Current ratio
0.63▼
2024 · 0.66
Quick ratio
0.34▲
2024 · 0.31
Debt / equity
0.90▼
2024 · 1.14
ROE
8.9%▼
2024 · 15.4%
ROA
4.7%▼
2024 · 6.9%
Interest coverage
8.01▲
2024 · 7.20
Debt
€343k▼
2024 · €397k
Debt ≤ 1 year
€214k▼
2024 · €215k
Debt > 1 year
€118k▼
2024 · €174k
Income taxes
€17k▼
2024 · €22k
Staff costs
€53k▼
2024 · €90k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€781k€726k▼
Fixed assets21/28€638k€591k▼
Tangible fixed assets22/27€638k€591k▼
Land and buildings22€597k€561k▼
Plant, machinery and equipment23€8k€4k▼
Furniture and vehicles24€33k€27k▼
Current assets29/58€143k€134k▼
Stocks and contracts in progress3€76k€62k▼
Stocks30/36€76k€62k▼
Amounts receivable within one year40/41€31k€48k▲
Trade receivables40€27k€41k▲
Other amounts receivable41€4k€7k▲
Current investments50/53€12k€10k▼
Cash at bank and in hand54/58€11k€1k▼
Deferred charges and accrued income490/1€12k€13k▲
Equity and liabilities
Total equity and liabilities10/49€781k€726k▼
Equity10/15€348k€382k▲
Contributions10/11€19k€19k=
Reserves13€307k€341k▲
Tax-exempt reserves132€54k€53k▼
Distributable reserves133€253k€288k▲
Profit (loss) carried forward14€23k€23k=
Provisions and deferred taxes16€35k€491▼
Provisions for liabilities and charges160/5€34k-
Pensions and similar obligations160€34k-
Deferred taxes168€859€491▼
Amounts payable17/49€397k€343k▼
Amounts payable after more than one year17€174k€118k▼
Financial debts170/4€174k€118k▼
Amounts payable within one year42/48€215k€214k▼
Current portion of amounts payable after more than one year42€71k€46k▼
Financial debts43€12k€26k▲
Credit institutions430/8€12k€26k▲
Trade debts44€74k€60k▼
Suppliers440/4€74k€60k▼
Taxes, remuneration and social security45€20k€27k▲
Taxes450/3€10k€20k▲
Remuneration and social security454/9€11k€7k▼
Other amounts payable47/48€38k€56k▲
Accrued charges and deferred income492/3€8k€11k▲
Income statement
Code20242025
Non-recurring operating income76A-€25k
Remuneration, social security and pensions62€90k€53k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€49k=
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-34k
Other operating charges640/8€10k€10k▲
Gross operating margin9900€243k€143k▼
Operating profit (loss)9901€94k€64k▼
Financial income75/76B€45€119▲
Recurring financial income75€45€119▲
Financial charges65/66B€20k€14k▼
Recurring financial charges65€20k€14k▼
Profit (loss) for the period before taxes9903€75k€50k▼
Transfer from deferred taxes780€588€369▼
Income taxes67/77€22k€17k▼
Profit (loss) for the period9904€54k€34k▼
Transfer from tax-exempt reserves789€2k€1k▼
Profit (loss) for the period to be appropriated9905€55k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€78k€58k▼
Profit (loss) brought forward from the previous period14P€23k€23k=
Transfer from equity791/2€16k-
Transfer to equity691/2€55k€35k▼
To other reserves6921€55k€35k▼
Profit to be distributed694/7€16k-
Return on contributions (dividend)694€16k-
Social balance
Average headcount (FTE)90872.4-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €83k ▲87.1%
Operating result €121k, net result €83k, both a record.
12-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €200kEq €231k ▲15.8%
4 profitable years in a row build equity to €231k.
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €150kEq €168k ▲31%
2 profitable years in a row build equity to €168k.
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
Bettina DE ZUTTER
CurrentDirector · since 01-01-2025
01-01-2025
Bettina DE ZUTTER: Appointed as Director
01-01-2025
Danny MAES: Resigned as Director
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gentseweg 6128793 WaregemGround area
1,775 m²
Building footprint
1,037 m²
Volume, LiDAR
5,583 m³
Parcel 34035B0020/00W003, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AUTO 5
since 20012.100.177.781
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34035B0020/00W003 | Flanders | 1,775 m² | 1 · 1,037 m² | 12.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaregem2.100.177.781
Similar companies · same sector, comparable size
GARAGE LOX PIETER
BE 0846.620.255
Kortenaken · Eq €382k
Etablissements Denutte
BE 0402.607.705
Sint-Pieters-Woluwe · Eq €382k
CARTRONIC MAASEIK
BE 0462.826.986
Maaseik · Eq €382k
GARAGE JEAN-CLAUDE SIMON
BE 0411.975.925
Profondeville · Eq €383k
GARAGE STIJN REBRY
BE 0668.695.828
Roeselare · Eq €383k
Of 7,341 companies in sector 95311 we hold annual accounts for 2,939. 2,175 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2001
Fiscal year end30-09
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
47820Retail sale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.