Summary
Demanaging is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €114k and a net result of €18k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 60% of 8023 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 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 · 6 filingsDeviation from the deadline
2025
22 d late
2024
25 d late
2023
13 d late
2022
30 d late
2021
61 d late
2020
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€114k▲ 18.7%
2024 · €96k
2020: €12k
2021: €32k
2022: €57k
2023: €83k
2024: €96k
2020 → 2025
Net result
€18k▲ 36.4%
2024 · €13k
2020: €10k
2021: €21k
2022: €25k
2023: €26k
2024: €13k
2020 → 2025
Total assets
€180k▲ 12.3%
2024 · €161k
2020: €47k
2021: €82k
2022: €86k
2023: €114k
2024: €161k
2020 → 2025
Solvency
63.3%▲ 3.4pp
2024 · 59.9%
2020: 24.7%
2021: 39.4%
2022: 66.4%
2023: 73.0%
2024: 59.9%
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32k-€57k▲ 78.4%€83k▲ 44.6%€96k▲ 15.9%€114k▲ 18.7%
Operating result€29k-€35k▲ 20.6%€36k▲ 1.7%€24k▼ 34.2%€32k▲ 34.3%
Net result€21k-€25k▲ 22.8%€26k▲ 1.5%€13k▼ 48.4%€18k▲ 36.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 34% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €180k
Fixed assets
€72k ▲ 225%
Current assets
€108k ▼ 21.8%
Equity and liabilities €180k
Equity
€114k ▲ 18.7%
Debt
€66k ▲ 2.8%
Debt's share of the balance-sheet total falls from 40.1% to 36.7%. Equity and debt are higher.
Key figures and ratios
ROE
15.8%▲
2024 · 13.7%
ROA
10.0%▲
2024 · 8.2%
Debt ≤ 1 year
€66k▲
2024 · €64k
Income taxes
€10k▲
2024 · €6k
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 · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€161k€180k▲
Fixed assets21/28€22k€72k▲
Tangible fixed assets22/27€22k€22k=
Other tangible fixed assets26€22k€22k=
Financial fixed assets28-€50k
Current assets29/58€138k€108k▼
Amounts receivable after more than one year29€3k€3k=
Other amounts receivable291€3k€3k=
Amounts receivable within one year40/41€134k€104k▼
Trade receivables40€5k€13k▲
Other amounts receivable41€129k€91k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€161k€180k▲
Equity10/15€96k€114k▲
Contributions10/11€2k€2k=
Reserves13€95k€113k▲
Distributable reserves133€95k€113k▲
Amounts payable17/49€64k€66k▲
Amounts payable within one year42/48€64k€66k▲
Financial debts43€40k€36k▼
Credit institutions430/8€40k€36k▼
Trade debts44€10k€5k▼
Suppliers440/4€10k€5k▼
Advances received on contracts in progress46-€4k
Taxes, remuneration and social security45€52€5k▲
Taxes450/3€52€5k▲
Other amounts payable47/48€14k€16k▲
Income statement
Code20242025
Other operating charges640/8€1k€780▼
Gross operating margin9900€25k€33k▲
Operating profit (loss)9901€24k€32k▲
Financial income75/76B€977€2k▲
Recurring financial income75€977€2k▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€20k€28k▲
Income taxes67/77€6k€10k▲
Profit (loss) for the period9904€13k€18k▲
Profit (loss) for the period to be appropriated9905€13k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€18k▲
Transfer to equity691/2€13k€18k▲
To other reserves6921€13k€18k▲
The notes to these accounts (4 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
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
31-12
Financial
Equity above €100kEq €114k ▲18.7%
6 profitable years in a row build equity to €114k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Highest result since 2020net €26k ▲1.5%
Operating result €36k, net result €26k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
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, De Haan · 1 establishment unit since 2019
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.
Watergangstraat 38420 De HaanGround area
2,958 m²
Building footprint
187 m²
Volume, LiDAR
825 m³
Parcel 35007C0580/00H000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Demanaging
since 20192.296.639.997
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35007C0580/00H000 | Flanders | 2,958 m² | 1 · 187 m² | 8.2 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
EMRE ERDOGAN HOLDING
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BE 1010.677.444
Langemark-Poelkapelle · Eq €114,189
Henderickx Management
BE 0768.975.121
Kalmthout · Eq €114,208
DALI
BE 0793.639.647
Buggenhout · Eq €114,209
WID
BE 0707.774.851
Hoogstraten · Eq €114,073
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 12,648 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
Founded06-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.