DEMALAS
ActiveSummary
DEMALAS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42k and a net result of €35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+11
Solvency48▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.05 in 2024; short-term debt: 57.1% and cash: 30.8% of total assets), and 77.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
22.5%
Return on assets
19.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 24%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €42k
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 20-07-2026, 11 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
11 d early
2024
21 d early
2023
12 d early
2022
23 d late
2021
11 d early
2020
5 d early
2019
7 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€42k▲ 0.6%
2024 · €41k
2018: €-3k
2019: €-8k
2020: €-3k
2021: €-9k
2022: €5k
2023: €24k
2024: €41k
2018 → 2025
Total assets
€185k▲ 5.4%
2024 · €175k
2018: €200k
2019: €177k
2020: €175k
2021: €190k
2022: €172k
2023: €201k
2024: €175k
2018 → 2025
Net result
€35k▲ 86.9%
2024 · €19k
2018: €-9k
2019: €-5k
2020: €5k
2021: €-7k
2022: €2k
2023: €21k
2024: €19k
2018 → 2025
Working capital
€10k▲ 177%
2024 · €4k
2018: €-91k
2019: €-87k
2020: €-76k
2021: €-84k
2022: €-27k
2023: €-6k
2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-9k-€5k€24k▲ 366%€41k▲ 70.9%€42k▲ 0.6%
Operating result€-2k-€8k€29k▲ 269%€30k▲ 1.2%€50k▲ 66.4%
Net result€-7k-€2k€21k▲ 841%€19k▼ 8.9%€35k▲ 86.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 66% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €185k
Fixed assets
€69k ▼ 25.4%
Current assets
€116k ▲ 39.9%
Equity and liabilities €185k
Equity
€42k ▲ 0.6%
Debt
€143k ▲ 6.8%
Debt's share of the balance-sheet total rises from 76.4% to 77.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75k▲
2024 · €54k
Cash flow
€61k▲
2024 · €43k
Current ratio
1.10▲
2024 · 1.05
Quick ratio
1.00▲
2024 · 0.92
Debt to equity
3.44▲
2024 · 3.23
ROE
84.6%▲
2024 · 45.5%
ROA
19.1%▲
2024 · 10.8%
Interest coverage
14.97▲
2024 · 8.96
Debt ≤ 1 year
€106k▲
2024 · €79k
Debt > 1 year
€35k▼
2024 · €51k
Income taxes
€10k▲
2024 · €5k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€175k€185k▲
Fixed assets21/28€93k€69k▼
Intangible fixed assets21€20k€12k▼
Tangible fixed assets22/27€73k€57k▼
Land and buildings22€47k€43k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€8k€6k▼
Leasing and similar rights25€9k€1k▼
Other tangible fixed assets26€1k€819▼
Current assets29/58€83k€116k▲
Stocks and contracts in progress3€10k€10k▼
Stocks30/36€10k€10k▼
Amounts receivable within one year40/41€37k€46k▲
Trade receivables40€32k€46k▲
Other amounts receivable41€5k€395▼
Cash at bank and in hand54/58€33k€57k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€175k€185k▲
Equity10/15€41k€42k▲
Contributions10/11€19k€19k=
Reserves13€23k€23k▲
Distributable reserves133€23k€23k▲
Amounts payable17/49€134k€143k▲
Amounts payable after more than one year17€51k€35k▼
Financial debts170/4€51k€35k▼
Amounts payable within one year42/48€79k€106k▲
Current portion of amounts payable after more than one year42€26k€16k▼
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Taxes, remuneration and social security45€9k€19k▲
Taxes450/3€9k€16k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€38k€64k▲
Accrued charges and deferred income492/3€4k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€26k▲
Other operating charges640/8€653€640▼
Gross operating margin9900€55k€76k▲
Operating profit (loss)9901€30k€50k▲
Financial income75/76B€118€300▲
Recurring financial income75€118€300▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€24k€45k▲
Income taxes67/77€5k€10k▲
Profit (loss) for the period9904€19k€35k▲
Profit (loss) for the period to be appropriated9905€19k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€35k▲
Transfer from equity791/2-€15k
Transfer to equity691/2€17k€15k▼
To other reserves6921€17k€15k▼
Profit to be distributed694/7€2k€35k▲
Return on contributions (dividend)694€2k€35k▲
The notes to these accounts (11 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €35k ▲86.9%
Operating result €50k, net result €35k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Poperinge · 1 establishment unit since 2017
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.
Apolloniadreef 48978 PoperingeGround area
1.0 ha
Building footprint
186 m²
Volume, LiDAR
1,101 m³
Parcel 33028E0331/00E000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEMALAS
since 20172.266.168.042
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33028E0331/00E000 | Flanders | 1.0 ha | 1 · 186 m² | 9.2 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.
Similar companies · same sector, comparable size
PROATOM
BE 0718.634.792
Gent · Eq €41,628
Aditech Solutions
BE 1004.650.279
Niel · Eq €41,636
Solutions, building and maintenance
BE 0892.759.393
Heusden-Zolder · Eq €41,636
ETL Green Energy
BE 0808.334.454
Bocholt · Eq €41,645
MONDIAL FOOD
BE 0799.968.995
Sint-Jans-Molenbeek · Eq €41,649
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,373 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
Founded10-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
25530Machining of metals
33120Repair and maintenance of machinery
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:demalasbvba@hotmail.com