DEMAJO
The computed 12-month bankruptcy probability of DEMAJO is 3.7% (moderate). The 2023 annual accounts show negative equity (€-91k) and a net result of €-284k. Equity is shrinking by ~93.7% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-91k |
| Net result | €-284k |
| Staff (FTE) | 2.4 |
| Active | 5 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Show 11 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-124k |
| Net profit | €-284k |
| Cash flow | €-145k |
| Staff costs | €118k |
| Income taxes | €0 |
| Dividends | - |
| Total assets | €982k |
| Equity | €-91k |
| Debt | €1.07M |
| of which ≤ 1y | €735k |
| of which > 1y | €326k |
| Working capital | €-469k |
| Employees (FTE) | 2.4 |
| 2023 | |
|---|---|
| Current ratio | 0.36 |
| Quick ratio | 0.33 |
| Working capital ratio | -47.8% |
| Solvency | -9.3% |
| Debt / equity | -11.75 |
| Long-term debt ratio | -3.57 |
| Interest coverage | -5.14 |
| Gross margin | - |
| Net margin | - |
| ROA | -29.0% |
| ROE | 311.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €982k |
| Fixed assets | 21/28 | €716k |
| Intangible fixed assets | 21 | €140k |
| Tangible fixed assets | 22/27 | €575k |
| Financial fixed assets | 28 | €205 |
| Current assets | 29/58 | €266k |
| Stocks & contracts in progress | 3 | €25k |
| Amounts receivable within one year | 40/41 | €220k |
| Cash & bank | 54/58 | €18k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €982k |
| Equity | 10/15 | €-91k |
| Contributions / capital | 10/11 | €30k |
| Accumulated profits (losses) | 14 | €-121k |
| Amounts payable | 17/49 | €1.07M |
| Amounts payable after one year | 17 | €326k |
| Amounts payable within one year | 42/48 | €735k |
| Trade debts payable within one year | 44 | €245k |
| Income statement | ||
| Gross operating margin | 9900 | €-3k |
| Operating result | 9901 | €-263k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €24k |
| Result before taxes | 9903 | €-284k |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €-284k |
| Result to be appropriated | 9905 | €-284k |
| NACE primary | Coating van metalen(25510) |
| Legal form | Private limited company(610) |
| Incorporation | 25-08-2020 |
| Status | Active |
| Postal code | 8900 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33305B0993/00S000 | Flanders | 2.1 ha | 1 · 3,666 m² | 9.9 m · 3 fl. |
| 33305B0966/00K000 | Flanders | 1.1 ha | 1 · 7,172 m² | 8.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | DEMAJO |