Skip to content

DEMAINVEST

Active
Public limited companyfounded 20187 years activeRue Bonne-Femme 64, 4030 Liège, BelgiumKBO/BCE: BE 0715.855.545
Summary

DEMAINVEST has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.7m and a net result of €334,654. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 342 sector peers (NACE 35, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Electricity, gas, steam and air conditioning supply
NACE 35120
#4 company by total assets in Liège, Energy sector1 site
Size
€3.3mturnover 2025
Equity
€6.7m
Profit
€334,654
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Luminus · 51%
Auditor: KPMG Réviseurs d'Entreprises SRLAccounts 53 days early3 of 13 deeds read
Why 94raises riskEquity €6.7m (8.2% of total assets)lowers riskSize: turnover €3.3m, total assets €81.4mLiquidity: current ratio 1.49, cash €18.8mSector Electricity, gas, steam and air conditioning supply (NACE 35)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 35, large)
Financial strength · tick = 2024
Average
Solvency 33-16
equity 8.2% of total assets
Liquidity 75+21
short-term debt 16.9% · cash 23.1%
Profitability 59-8
return on assets 0.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (54 companies, NACE 35, large)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit up to €330,000 at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.37 in 2024; short-term debt: 16.9% and cash: 23.1% of total assets), and 91.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 35, large): better than 24% on solvency, 98% on liquidity, 30% on profitability and 56% on growth.

The bankruptcy probability was computed on 08-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €3.3m, total assets €81.4m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €6.7m (8.2% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.49, cash €18.8m
NBB · annual accounts
lowers risk · Sector Electricity, gas, steam and air conditioning supply (NACE 35)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 342 sector peers (2025).
NBB · sector comparison
Position among 342 sector peers
Solvency
better than 23%
← weakest strongest →
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 08-06-2026, 53 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
53 days early
2024
49 days early
2023
44 days early
2022
53 days early
2021
45 days early
2020
15 days early
2019
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 43 days before the deadline; the sector median (NACE 35) for financial year 2024 is 22 days before the deadline, and 27% of those companies filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
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 12 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignation: Ingrid Renson (director)Appointment: Olivier Fortin (director) ·…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Resignation: Ingrid Renson (director)Appointment: Olivier Fortin (director) ·…

Key points

  • Caution: Result fell in 2025from €845,429 to €334,654 ▼ 60.4% View
  • Caution: Board changedlatest change 19-02-2026 · 1 in office 1 joined · 1 left View
  • Positive: Company by total assets in Liège, Energy sectorin the Checked rankings #4 View
  • Positive: 4 years of growth in a rowturnover 2025: €3.3m 4 years View
  • Controlled by Luminusultimately: EDF SA 51% View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View

By topic

Financials

Fiscal year
2025
Turnover
€3.3m
Profit
€334,654
Solvency
8.2%
Turnover▲ 6.3%
Net result
20212025
Go to Financials

Board & ownership

Board
1 member
Parent
Luminus · 51%
Auditor
KPMG Réviseurs d'Entreprises SRL
  • Olivier FortinDirector
Go to Board & ownership

Timeline

Events
18
Since
2020
Next accounts
by 31-07-2027
  1. 02-10-2025Reappointment: KPMG Réviseurs d'Entreprises SRL (statutory auditor)
  2. 12-06-2025Annual accounts filed
  3. 31-12-2024Highest result from 2019 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Electricity, gas, steam and air conditioning supplyNACE 35120
Founded
14-12-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.