DEMALI
ActiveThe computed 12-month bankruptcy probability of DEMALI is 1.8% (moderate). The 2025 annual accounts show negative equity (€-2k) and a net result of €-6k. Equity is shrinking by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 8% of 27619 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency17▼-83
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.91 against 30.14 in 2024; short-term debt: 107.5% and cash: 28.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-7.5%
Return on assets
-20.8%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-2k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
12 d late
2024
31 d early
2023
27 d early
2022
11 d early
2021
108 d late
2020
27 d late
2019
41 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-2k
2024 · €15k
2019: €16k
2020: €24k
2021: €10k
2022: €3k
2023: €5k
2024: €15k
2019 → 2025
Total assets
€27k▲ 80.0%
2024 · €15k
2019: €44k
2020: €48k
2021: €42k
2022: €26k
2023: €26k
2024: €15k
2019 → 2025
Net result
€-6k
2024 · €10k
2019: €4k
2020: €10k
2021: €-14k
2022: €-8k
2023: €2k
2024: €10k
2019 → 2025
Working capital
€-3k
2024 · €13k
2019: €9k
2020: €19k
2021: €7k
2022: €-2k
2023: €1k
2024: €13k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€3k▼ 73.4%€5k▲ 63.4%€15k▲ 224%€-2k
Operating result€-14k-€-5k▲ 63.8%€3k€11k▲ 269%€-5k
Net result€-14k-€-8k▲ 44.1%€2k€10k▲ 477%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27k
Fixed assets
€567▼ 70.3%
Current assets
€27k▲ 102%
Key figures and ratios
EBITDA
€-4k▼
2024 · €13k
Cash flow
€-4k▼
2024 · €11k
Solvency
-7.5%▼
2024 · 97.1%
Current ratio
0.91▼
2024 · 30.14
Quick ratio
0.91▼
2024 · 30.14
Debt / equity
-14.25▼
2024 · 0.03
ROA
-20.8%▼
2024 · 67.1%
Interest coverage
-6.09▼
2024 · 11.34
Debt
€29k▲
2024 · €438
Debt ≤ 1 year
€29k▲
2024 · €438
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€15k€27k▲
Fixed assets21/28€2k€567▼
Tangible fixed assets22/27€2k€567▼
Furniture and vehicles24€2k€567▼
Current assets29/58€13k€27k▲
Amounts receivable within one year40/41€7k€17k▲
Trade receivables40€6k€15k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€4k€8k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€15k€27k▲
Equity10/15€15k€-2k▼
Contributions10/11€13k€13k=
Reserves13€11k€0▼
Distributable reserves133€11k€0▼
Profit (loss) carried forward14€-9k€-15k▼
Amounts payable17/49€438€29k▲
Amounts payable within one year42/48€438€29k▲
Trade debts44€96€17k▲
Suppliers440/4€96€17k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€342€1k▲
Taxes450/3-€526
Remuneration and social security454/9€342€728▲
Other amounts payable47/48€0€11k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€6-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€1k€2k▲
Gross operating margin9900€14k€-2k▼
Operating profit (loss)9901€11k€-5k▼
Financial income75/76B€5€36▲
Recurring financial income75€5€36▲
Financial charges65/66B€1k€613▼
Recurring financial charges65€1k€613▼
Profit (loss) for the period before taxes9903€10k€-6k▼
Profit (loss) for the period9904€10k€-6k▼
Profit (loss) for the period to be appropriated9905€10k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-15k▼
Profit (loss) brought forward from the previous period14P€-20k€-9k▲
Transfer from equity791/2-€11k
Profit to be distributed694/7-€11k
Return on contributions (dividend)694-€11k
The notes to these accounts (8 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €10k ▲477%
Net result €10k, the highest in the series.
31-12
Financial
Liquidity times 28current ratio 30.14
Current ratio from 1.06 to 30.14; short-term debt falls from €21k to €438.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 108 days late
2021
31-12
Financial
Weakest financial yearnet €-14k ▼237%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
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, Kapellen · 1 establishment unit since 2018
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.
Akkerstraat 632950 KapellenGround area
440 m²
Building footprint
84 m²
Volume, LiDAR
431 m³
Parcel 11902F0173/00T000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEMALI
since 20182.272.507.189
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11902F0173/00T000 | Flanders | 440 m² | 1 · 84 m² | 8.4 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
CEBO
BE 0836.417.142
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Full-Kitching
BE 0777.383.536
Oostende · Eq €15k
KAMSTRA DESIGN
BE 0800.153.493
Tielt-Winge · Eq €15k
INDURO
BE 0776.335.837
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A.I.D. Outdoor
BE 0633.693.773
Genk · Eq €15k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 5,497 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2018
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:dds.projects@telenet.be
Phone:0495 90 59 86