DEMALIS
ActiveDEMALIS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.70M and a net result of €450k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 9099 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▲+7
Solvency43▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.12 in 2024), and 65.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Sector 68
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 2025Solvency, return and age of the figures
Solvency
34.4%
Return on assets
2.7%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-04-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
27 d early
2023
8 d early
2022
19 d early
2021
5 d late
2020
1 d early
2019
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.70M▲ 8.5%
2024 · €5.25M
2018: €899k
2019: €3.86M
2020: €4.45M
2021: €4.40M
2022: €4.62M
2023: €4.92M
2024: €5.25M
2018 → 2025
Total assets
€16.57M▲ 0.5%
2024 · €16.49M
2018: €1.11M
2019: €7.88M
2020: €9.90M
2021: €10.36M
2022: €16.51M
2023: €16.86M
2024: €16.49M
2018 → 2025
Net result
€450k▲ 32.0%
2024 · €341k
2018: €-118k
2019: €-180k
2020: €315k
2021: €-46k
2022: €212k
2023: €251k
2024: €341k
2018 → 2025
Working capital
€-3.56M▼ 7.8%
2024 · €-3.31M
2018: €-86k
2019: €-1.06M
2020: €-1.88M
2021: €-974k
2022: €-1.05M
2023: €-2.72M
2024: €-3.31M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.40M-€4.62M▲ 4.8%€4.92M▲ 6.5%€5.25M▲ 6.8%€5.70M▲ 8.5%
Operating result€7k-€344k▲ 4,651%€379k▲ 10.0%€496k▲ 31.0%€671k▲ 35.3%
Net result€-46k-€212k€251k▲ 18.3%€341k▲ 35.9%€450k▲ 32.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 35% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.57M
Fixed assets
€15.87M▼ 1.1%
Current assets
€697k▲ 58.7%
Equity and liabilities €16.57M
Equity
€5.70M▲ 8.5%
Debt
€10.87M▼ 3.3%
The debt ratio falls from 68.1% to 65.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€1.58M▲
2024 · €1.34M
Cash flow
€1.36M▲
2024 · €1.18M
Solvency
34.4%▲
2024 · 31.9%
Current ratio
0.16▲
2024 · 0.12
Quick ratio
0.16▲
2024 · 0.12
Debt / equity
1.91▼
2024 · 2.14
ROE
7.9%▲
2024 · 6.5%
ROA
2.7%▲
2024 · 2.1%
Interest coverage
19.63▲
2024 · 14.16
Debt
€10.87M▼
2024 · €11.24M
Debt ≤ 1 year
€4.26M▲
2024 · €3.75M
Debt > 1 year
€6.57M▼
2024 · €7.48M
Income taxes
€145k▲
2024 · €69k
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€16.49M€16.57M▲
Fixed assets21/28€16.05M€15.87M▼
Tangible fixed assets22/27€16.05M€15.87M▼
Land and buildings22€15.54M€15.42M▼
Plant, machinery and equipment23€513k€446k▼
Assets under construction and advance payments27€0-
Current assets29/58€439k€697k▲
Amounts receivable within one year40/41€344k€622k▲
Trade receivables40€159k€213k▲
Other amounts receivable41€185k€409k▲
Cash at bank and in hand54/58€4k€26k▲
Deferred charges and accrued income490/1€91k€49k▼
Equity and liabilities
Total equity and liabilities10/49€16.49M€16.57M▲
Equity10/15€5.25M€5.70M▲
Contributions10/11€2.16M€2.16M=
Reserves13€3.05M€3.50M▲
Tax-exempt reserves132€225k€387k▲
Distributable reserves133€2.83M€3.11M▲
Investment grants15€46k€41k▼
Amounts payable17/49€11.24M€10.87M▼
Amounts payable after more than one year17€7.48M€6.57M▼
Financial debts170/4€7.48M€6.57M▼
Amounts payable within one year42/48€3.75M€4.26M▲
Current portion of amounts payable after more than one year42€913k€912k▼
Trade debts44€166k€148k▼
Suppliers440/4€166k€148k▼
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€2.67M€3.19M▲
Accrued charges and deferred income492/3€13k€44k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€843k€911k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€49k
Other operating charges640/8€102k€157k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€1.44M€1.79M▲
Operating profit (loss)9901€496k€671k▲
Financial income75/76B€8k€11k▲
Recurring financial income75€8k€11k▲
Financial charges65/66B€95k€88k▼
Recurring financial charges65€95k€81k▼
Non-recurring financial charges66B-€8k
Profit (loss) for the period before taxes9903€409k€594k▲
Income taxes67/77€69k€145k▲
Profit (loss) for the period9904€341k€450k▲
Transfer from tax-exempt reserves789-€112k
Transfer to tax-exempt reserves689€0€274k▲
Profit (loss) for the period to be appropriated9905€341k€287k▼
Appropriation of the result
Profit (loss) to be appropriated9906€341k€287k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€341k€287k▼
To other reserves6921€341k€287k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (18 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
10-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €450k ▲32%
Operating result €671k, net result €450k, both a record.
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €5MEq €5.25M ▲6.8%
3 profitable years in a row build equity to €5.25M.
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €212k
Net result €212k after one loss-making year.
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 5 days late
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €315k
Net result €315k after 2 loss-making years.
06-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €-180k
Net result drops to €-180k, the lowest in the series; recovery starts the following year.
30-09
Financial
Equity above €2MEq €3.86M ▲329%
Equity rises from €899k to €3.86M.
09-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
14-07-2020
Dewitte Geert: Resigned as Director
14-07-2020
Dewitte Tom: Resigned as Director
14-07-2020
Geena: Resigned as Director
31-10-2018
Nadia Debonné: Resigned as Director
10-07-2018
Devos Christiaene: Resigned as Director
10-07-2018
Devos Christiaene: Resigned as Managing director
10-07-2018
Maenhout Dominique: Resigned as Director
10-07-2018
Maenhout Guy: Resigned as Director
10-07-2018
Maenhout Yves: Resigned as Director
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 1988
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.
Oudenaardsesteenweg 469800 DeinzeGround area
1,668 m²
Building footprint
318 m²
Volume, LiDAR
1,687 m³
Parcel 44054B0954/00L002, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NV DEMALIS
since 19882.038.383.734
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44054B0954/00L002 | Flanders | 1,668 m² | 1 · 318 m² | 8.5 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.
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Of 9,093 companies in sector 68201 we hold annual accounts for 6,724. 2,939 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-1988
Fiscal year end30-09
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.