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DEMAN

Active
Public limited companyfounded 1989active for 37 years's Graventafelstraat 27, 8980 Zonnebeke, BelgiumKBO/BCE: BE 0437.409.919
Summary

DEMAN has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €218,024. Equity is growing by about 6.7% per year across the filed financial years. Its solvency ranks better than 46% of 9,679 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Wholesale trade
NACE 46610
#6 employer in Zonnebeke, Wholesale and retail trade sector1 site
Size
€4.3mtotal assets 2025
Staff
10.2 FTE
Equity
€1.7m
Profit
€218,024
Turnover not published (abbreviated format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Largest shareholder
IGNIS · 49.85%
  • BV IgnisDirector · permanent representative Pieter-Jan Deman
  • BV RerecDirector · permanent representative Mieke Deman
Accounts 13 days early1 of 11 deeds read
Why 93raises riskLiquidity: current ratio 1.59, cash €202,006lowers riskFounded in 1989Profit of €218,024 (financial year 2025)Figures for financial year 2025 (filed 18-03-2026)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Average
Solvency 64-3
equity 39.5% of total assets
Liquidity 35-3
short-term debt 43.4% · cash 4.7%
Profitability 75+1
return on assets 5.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (4,380 companies, NACE 46, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025highest value 04-2025: 0.1%▼ -0.3 percentage points vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged 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 of up to €150,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.59, compared with 1.7 in 2024; short-term debt: 43.4% and cash: 4.7% of total assets), but 60.5% 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 46, small): better than 46% on solvency, 37% on liquidity, 72% on profitability and 49% 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).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1989
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.59, cash €202,006
NBB · annual accounts
lowers risk · Profit of €218,024 (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 18-03-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 18-03-2026, 13 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
13 days early
2024
5 days early
2023
33 days early
2022
15 days early
2021
3 days early
2020
5 days early
2019
15 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 13 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today. The company usually files around 18 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-08-2026 year end09-10-2026 today31-03-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: BV Rerec (director) and BV…Permanent representatives: Mieke Deman and…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Among the best 14% on equitysector median €366,907 · 9,674 companies €1.7m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €218,024 7 years View

By topic

Financials

Financial year
2025
Total assets
€4.3m
Profit
€218,024
Solvency
39.5%
Total assets▲ 10.2%
Net result
20192025
Go to Financials

Board & ownership

Board
2 members
Largest shareholder
IGNIS · 49.85%
  • BV IgnisDirector
  • BV RerecDirector
Go to Board & ownership

Timeline

Events
38
Since
1990
Next accounts
by 31-03-2027
  1. 27-02-2024Annual accounts filed
  2. 16-03-2023Annual accounts filed
  3. 28-03-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46610
Founded
05-05-1989
Year ends
31-08
Peppol
Reachable for e-invoices
Go to Company details

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