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DEMAN Smart Overhead Cranes

Active
Public limited companyfounded 1953active for 73 yearsRollegem-Kapelsestraat 56, 8880 Ledegem, BelgiumKBO/BCE: BE 0405.553.337
Summary

DEMAN Smart Overhead Cranes has been active since 1953 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €371,527. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 76% of 381 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28220
#1 oldest company in Ledegem, Manufacturing sector1 site
Size
€4.6mtotal assets 2025
Staff
32.6 FTE
Equity
€2.9m
Profit
€371,527
Net result -61%: 18-month year
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 38 days early1 of 8 deeds read
Why 97lowers riskLiquidity: current ratio 2.39, cash €959,339Founded in 1953Size: 32.6 FTE, total assets €4.6mEquity €2.9m (62.0% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 74% of its sector peers (NACE 28, small)
Financial strength · tick = 2024
Strong
Solvency 87+15
equity 62.0% of total assets
Liquidity 59+19
short-term debt 36.6% · cash 20.8%
Profitability 79-12
return on assets 8.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (291 companies, NACE 28, small)
Last 24 months 11-2024: < 0.1% 12-2024: 0.1%▲ +0.1 percentage points vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 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: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026highest value 07-2026: < 0.1%▼ -0.6 percentage points vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €270,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.39, compared with 1.75 in 2024; short-term debt: 36.6% and cash: 20.8% of total assets), and 38% 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 28, small): better than 75% on solvency, 74% on liquidity and 73% on profitability.

The bankruptcy probability was computed on 09-10-2026 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○neutral
lowers risk · Liquidity: current ratio 2.39, cash €959,339
NBB · annual accounts
lowers risk · Founded in 1953
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: 32.6 FTE, total assets €4.6m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €2.9m (62.0% of total assets)
NBB · annual accounts
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
29 days early
2023
48 days early
2022
67 days early
2021
4 days early
2020
65 days early
2019
49 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 43 days before the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: NV 4CRANES (director) and Frédérique…Permanent representative: Kurt Deman ·…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Oldest company in Ledegem, Manufacturing sectorin the Checked rankings #1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Result fell in 202518-month financial year ▼ 60.9% View
  • Positive: 7 profitable years in a rowprofit 2025: €371,527 7 years View
  • Active since 1953founded 13-02-1953 73 years View
  • New directorslatest change 12-06-2026 · 3 in office 2 joined View

By topic

Financials

Financial year
2025
Total assets
€4.6m
Profit
€371,527
Solvency
62.0%
Total assets▼ 13.2%
Net result
20192025
Go to Financials

Timeline

Events
53
Since
1979
  1. 30-06-2024Equity above €2m
  2. 14-12-2023Annual accounts filed
  3. 30-06-2023Highest result from 2019 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28220
Founded
13-02-1953
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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