DEMACO MANAGEMENT
ActiveSummary
DEMACO MANAGEMENT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €20.63M and a net result of €2.18M. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 95% of 8093 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+38
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.7M at 30 days acceptable
Liquidity ample (current ratio 27.33 against 4.57 in 2023; short-term debt: 1% and cash: 2.1% of total assets), and 1.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
98.1%
Return on assets
10.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
112 d early
2022
123 d early
2021
54 d early
2020
85 d early
2019
49 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€20.63M▲ 7.6%
2023 · €19.17M
2018: €14.38M
2019: €15.42M
2020: €15.53M
2021: €16.82M
2022: €17.39M
2023: €19.17M
2018 → 2024
Total assets
€21.04M▲ 6.7%
2023 · €19.72M
2018: €15.40M
2019: €16.58M
2020: €16.60M
2021: €17.09M
2022: €18.14M
2023: €19.72M
2018 → 2024
Net result
€2.18M▲ 22.4%
2023 · €1.79M
2018: €4.04M
2019: €1.64M
2020: €2.31M
2021: €2.29M
2022: €1.26M
2023: €1.79M
2018 → 2024
Working capital
€5.29M▲ 171%
2023 · €1.95M
2018: €1.26M
2019: €1.98M
2020: €945k
2021: €2.42M
2022: €3.02M
2023: €1.95M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€15.53M-€16.82M▲ 8.3%€17.39M▲ 3.3%€19.17M▲ 10.3%€20.63M▲ 7.6%
Operating result€24k-€130k▲ 430%€34k▼ 74.1%€-380k€140k
Net result€2.31M-€2.29M▼ 0.7%€1.26M▼ 44.9%€1.79M▲ 41.3%€2.18M▲ 22.4%
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 returns to profit in 2024: €140k after a loss of €380k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €21.04M
Fixed assets
€15.55M ▼ 9.7%
Current assets
€5.49M ▲ 119%
Equity and liabilities €21.04M
Equity
€20.63M ▲ 7.6%
Provisions
€204k
Debt
€203k ▼ 63.0%
Debt's share of the balance-sheet total falls from 2.8% to 1.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€283k▲
2023 · €46k
Cash flow
€2.33M▲
2023 · €2.21M
Current ratio
27.33▲
2023 · 4.57
Debt to equity
0.01▼
2023 · 0.03
ROE
10.6%▲
2023 · 9.3%
ROA
10.4%▲
2023 · 9.1%
Interest coverage
5.90▲
2023 · 1.55
Debt ≤ 1 year
€201k▼
2023 · €547k
Income taxes
€505▼
2023 · €179k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 60 lines
Balance sheet
Code20232024
Assets
Total assets20/58€19.72M€21.04M▲
Fixed assets21/28€17.22M€15.55M▼
Tangible fixed assets22/27€3.70M€2.92M▼
Land and buildings22€3.61M€2.72M▼
Plant, machinery and equipment23€5k€151k▲
Furniture and vehicles24€83k€51k▼
Financial fixed assets28€13.52M€12.63M▼
Current assets29/58€2.50M€5.49M▲
Amounts receivable within one year40/41€0€54k▲
Other amounts receivable41€0€54k▲
Current investments50/53€2.28M€5.00M▲
Cash at bank and in hand54/58€213k€438k▲
Deferred charges and accrued income490/1€5k€1k▼
Equity and liabilities
Total equity and liabilities10/49€19.72M€21.04M▲
Equity10/15€19.17M€20.63M▲
Contributions10/11€9.00M€9.00M=
Reserves13€10.17M€11.63M▲
Non-distributable reserves130/1€310k€310k=
Reserves not available under the articles1311€310k€310k=
Tax-exempt reserves132-€612k
Distributable reserves133€9.86M€10.71M▲
Profit (loss) carried forward14€5k€0▼
Provisions and deferred taxes16-€204k
Deferred taxes168-€204k
Amounts payable17/49€548k€203k▼
Amounts payable within one year42/48€547k€201k▼
Financial debts43€340k€0▼
Credit institutions430/8€340k€0▼
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€163k€161k▼
Taxes450/3€163k€161k▼
Other amounts payable47/48€36k€37k▲
Accrued charges and deferred income492/3€181€2k▲
Income statement
Code20232024
Non-recurring operating income76A-€862k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€425k€143k▼
Other operating charges640/8€7k€4k▼
Non-recurring operating charges66A-€725k
Gross operating margin9900€52k€1.01M▲
Operating profit (loss)9901€-380k€140k▲
Financial income75/76B€2.37M€2.30M▼
Recurring financial income75€2.37M€2.30M▼
Financial charges65/66B€29k€48k▲
Recurring financial charges65€29k€48k▲
Profit (loss) for the period before taxes9903€1.96M€2.39M▲
Transfer from deferred taxes780-€9k
Transfer to deferred taxes680-€213k
Income taxes67/77€179k€505▼
Profit (loss) for the period9904€1.79M€2.18M▲
Transfer from tax-exempt reserves789-€26k
Transfer to tax-exempt reserves689-€638k
Profit (loss) for the period to be appropriated9905€1.79M€1.57M▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.79M€1.58M▼
Profit (loss) brought forward from the previous period14P€5k€5k▲
Transfer from equity791/2-€720k
Transfer to equity691/2€1.79M€1.58M▼
To other reserves6921€1.79M€1.58M▼
Profit to be distributed694/7€0€720k▲
Return on contributions (dividend)694€0€720k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 6current ratio 27.33
Current ratio from 4.57 to 27.33; short-term debt falls from €547k to €201k.
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €1.26M ▼44.9%
Net result drops to €1.26M, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity times 5current ratio 10.11
Current ratio from 1.92 to 10.11; short-term debt falls from €1.03M to €266k.
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-11
State Gazette act
Board meeting · Permanent representative
General meeting · Director appointment
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Antwerpen · 1 establishment unit since 2006
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.
Kattendijkdok-Oostkaai 502000 AntwerpenGround area
1.2 ha
Building footprint
3,038 m²
Volume, LiDAR
17,652 m³
Parcel 11807G0154/00S004, Flanders · tallest building 75.4 m. Linked by address, not a title deed.
1 establishment unit
DEMACO MANAGEMENT BVBA
since 20062.157.328.597
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0154/00S004 | Flanders | 1.2 ha | 1 · 3,038 m² | 75.4 m |
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
Legal Entity Identifier
984500900C5FD1ADA691
Similar companies · same sector, comparable size
B-Value Capital
BE 1003.367.406
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BE 0736.812.988
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BELCHIM MANAGEMENT
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GERCO
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LAVAERT INVEST
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 3,942 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-2005
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:03/640.38.50