DEMANA
Open bankruptcyA bankruptcy procedure is open for DEMANA according to publications in the Belgian State Gazette; curator: PIERRE SCHMITS.
Summary
The 2020 annual accounts show equity of €66k and a net result of €11k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€11k▲ 17.5%
2019 · €9k
2018: €823
2019: €9k
2018 → 2020
Working capital
€95k▲ 73.5%
2019 · €55k
2018: €13k
2019: €55k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€46k-€55k▲ 19.5%€66k▲ 19.2%
Operating result€5k-€20k▲ 279%€21k▲ 3.7%
Net result€823-€9k▲ 996%€11k▲ 17.5%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 4% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €452k
Fixed assets
€79k ▼ 1.1%
Current assets
€374k ▲ 10.9%
Equity and liabilities €452k
Equity
€66k ▲ 19.2%
Debt
€386k ▲ 7.0%
Debt's share of the balance-sheet total falls from 86.7% to 85.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▲
2019 · €21k
Cash flow
€11k▲
2019 · €10k
Current ratio
1.34▲
2019 · 1.19
Quick ratio
1.33▲
2019 · 1.18
ROE
16.1%▼
2019 · 16.3%
ROA
2.3%▲
2019 · 2.2%
Debt ≤ 1 year
€279k▼
2019 · €282k
Income taxes
€4k▲
2019 · €2k
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 · 2020 against 2019 · 23 lines
Balance sheet
Code20192020
Assets
Total assets20/58€416k€452k▲
Fixed assets21/28€79k€79k▼
Tangible fixed assets22/27€79k€79k▼
Current assets29/58€337k€374k▲
Stocks and contracts in progress3€5k€4k▼
Amounts receivable within one year40/41€310k€338k▲
Cash at bank and in hand54/58€22k€29k▲
Equity and liabilities
Total equity and liabilities10/49€416k€452k▲
Equity10/15€55k€66k▲
Contributions10/11€21k-
Profit (loss) carried forward14€-39k€-28k▲
Amounts payable17/49€361k€386k▲
Amounts payable within one year42/48€282k€279k▼
Trade debts44€170k€163k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€953€870▼
Gross operating margin9900€133k€138k▲
Operating profit (loss)9901€20k€21k▲
Recurring financial income75€1k€7▼
Recurring financial charges65€10k€6k▼
Profit (loss) for the period before taxes9903€12k€15k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€9k€11k▲
Profit (loss) for the period to be appropriated9905€9k€11k▲
Timeline · acts, filings and financial milestones
2022
04-08
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · DEMANA SRL RUE MARIE- HENRIETTE 68, 4800 VERVIERS · event 29-07-2022
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €11k ▲17.5%
Operating result €21k, net result €11k, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
28-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 89 days late
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 126 days late
2017
14-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 106 days late
2016
14-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 106 days late
2015
13-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 74 days late
2014
31-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 92 days late
2013
04-11
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 96 days late
2012
30-11
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 122 days late
SignalFinancial 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, Verviers · 2 establishment units since 2004
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.
Rue Marie-Henriette 684800 VerviersGround area
529 m²
Building footprint
163 m²
Volume, LiDAR
1,682 m³
2 parcels, Wallonia · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
DETHIOUX FRERES
since 20042.159.301.261
DETHIOUX FRERES
since 20062.177.204.689
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63074B0864/00S011 | Wallonia | 317 m² | 1 · 94 m² | 12.2 m · 3 fl. |
| 63572B0034/00B009 | Wallonia | 212 m² | 1 · 69 m² | 11.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PIERRE SCHMITS RUE LAOUREUX 42, 4800 VERVIERS- |
29-07-2022 → present |
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Of 4,226 companies in sector 10712 we hold annual accounts for 1,870. 1,580 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 (pre-2019)
Founded08-11-1993
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.