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Generated 23-08-2026
Active BE 0795.669.323Private limited company

Demant Belgium

Technologielaan 3 ·3001 Leuven, Belgium· 3 yrs active
Sector: Vervaardiging van bestralingsapparatuur en van elektromedische en elektrotherapeutische apparatuur (26600)
Conclusion Checked

The computed 12-month bankruptcy probability of Demant Belgium is 0.4% (very low). The 2024 annual accounts show equity of €543k and a net result of €435k. Its solvency ranks better than 24% of 99 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €543k
Net result €435k
Staff (FTE) 7.3
Better than sector 24%
Financial profile 5 of 5 axes measured · computed by Checked
Health68Profitability55Solvency23Growth78Stability94
64 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 68
Profitability 55
Solvency 23
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
0.4% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
68 / 100 Healthy
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 18-07-2025 with the NBB · fiscal year 2024 · volledig
€0€5.00M€10.00M€15.00MOperating result 2023: €168k€168kNet result 2023: €97k€97kRevenue 2024: €14.56M€14.56MOperating result 2024: €718k€718kNet result 2024: €435k€435k20232024
RevenueOperating resultNet result
Sector comparison
Fiscal year 2024 · NACE 26 · compared across all schema types (micro, abbreviated and full combined)
Metric This company Sector median Position in the sector
Solvency 7.3% 39.2%
better than 24% of 99 sector peers
Net result €435k €10k
better than 95% of 99 sector peers
Equity €543k €43k
better than 87% of 99 sector peers
Staff costs €706k €93k
higher than 83% of 50 sector peers
Total assets €7.43M €136k
better than 95% of 99 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€14.56M
- 23-24
EBITDA
€735k
+319.6% 23-24
Net profit
€435k
+347.0% 23-24
Cash flow
€453k
+333.8% 23-24
Total assets
€7.43M
+44.1% 23-24
Equity
€543k
+405.4% 23-24
Working capital
€1.65M
+58.7% 23-24
Employees (FTE)
7
+160.7% 23-24
Show 13 other metrics
Staff costs
€706k
+241.7% 23-24
Income taxes
€158k
+312.0% 23-24
Debt
€6.73M
+39.7% 23-24
Debt ≤ 1y
€5.68M
+40.7% 23-24
Current ratio
1.29
+2.6% 23-24
Quick ratio
0.50
+37.6% 23-24
Solvency
7.3%
+250.8% 23-24
Debt / equity
12.40
-72.4% 23-24
ROE
80.2%
-11.6% 23-24
ROA
5.9%
+210.2% 23-24
Net margin
3.0%
- 23-24
EBITDA margin
5.0%
- 23-24
Interest coverage
6.12
+13.0% 23-24
Figures by fiscal year
Fiscal year2024
Depositvolledig
Revenue€14.56M
EBITDA€735k
Net profit€435k
Cash flow€453k
Staff costs€706k
Income taxes€158k
Dividends-
Total assets€7.43M
Equity€543k
Debt€6.73M
of which ≤ 1y€5.68M
of which > 1y-
Working capital€1.65M
Employees (FTE)7.3
Ratios (computed)
2024
Current ratio1.29
Quick ratio0.50
Working capital ratio22.1%
Solvency7.3%
Debt / equity12.40
Long-term debt ratio-
Interest coverage6.12
Gross margin13.4%
Net margin3.0%
ROA5.9%
ROE80.2%
EBITDA margin5.0%
Days sales outstanding71d
Days payable outstanding48d
Inventory turnover2.81
Days inventory (DSI)130d
Balance-sheet composition 2024
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€7.43M
Fixed assets 21/28€103k
Tangible fixed assets 22/27€103k
Financial fixed assets 28€0
Current assets 29/58€7.33M
Stocks & contracts in progress 3€4.48M
Amounts receivable within one year 40/41€2.83M
Cash & bank 54/58€0
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€7.43M
Equity 10/15€543k
Contributions / capital 10/11€10k
Reserves 13€533k
Provisions & deferred taxes 16€157k
Amounts payable 17/49€6.73M
Amounts payable within one year 42/48€5.68M
Trade debts payable within one year 44€1.66M
Income statement
Turnover 70€14.56M
Operating result 9901€718k
Financial charges 65€124k
Result before taxes 9903€594k
Income taxes 67/77€158k
Net result for the period 9904€435k
Result to be appropriated 9905€435k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Current directors & mandates
  • Søren Nielsen
    Director
    State Gazette act 23056928 (27-04-2023)
    Current
    03-01-2023 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Vervaardiging van bestralingsapparatuur en van elektromedische en elektrotherapeutische apparatuur(26600)
Legal form Private limited company(610)
Incorporation03-01-2023
StatusActive
Postal code3001
Establishment units 1 location
Technologielaan 3, 3001 Leuven
Vervaardiging van bestralingsapparatuur en van elektromedische en elektrotherapeutische apparatuur
since 20232.340.462.916
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24514C0032/00H000 Flanders 5,740 m² 1 · 1,562 m² 11.8 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
18-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
30-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
27-02-2024
State Gazette act Director changes
v3.2
2023
27-04-2023
State Gazette act Director changes
v3.2
20-02-2023
State Gazette act Director changes
v3.2
05-01-2023
State Gazette act Incorporation
oprichting
Belgian State Gazette reading coverage 0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 4 acts
All acts · 4 updated 2 years ago
2024
27-02-2024 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0795.669.323",
    "name_full": "DEMANT BELGIUM",
    "legal_form": "BV"
  }
}
2023
27-04-2023 Søren Nielsen reappointed as director Director changes
  • Søren Nielsen, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "S\u00F8ren Nielsen",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2023-01-03",
      "evidence_quote": "BEVESTIGT de benoeming van S\u00F8ren Nielsen als voorzitter van de raad van bestuur vanaf de oprichting van de Vennootschap op 3 januari 2023, voor de duur van zijn bestuurdersmandaat."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0795.669.323",
    "name_full": "DEMANT BELGIUM",
    "legal_form": "BV"
  }
}
20-02-2023 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0795.669.323",
    "name_full": "DEMANT BELGIUM",
    "legal_form": "BV"
  }
}
05-01-2023 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "Technologielaan 3, 3001 Leuven",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": {
        "kbo": null,
        "name": "DEMANT A/S"
      },
      "kind": "rechtspersoon",
      "person": null,
      "share_class": "naam",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": "DEMANT A/S",
      "contribution_type": "cash",
      "amount_paid_in_eur": 10000,
      "holder_person_name": null,
      "is_subscriber_only": true,
      "n_shares_subscribed": 10000,
      "amount_subscribed_eur": 10000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 10000,
  "subject_company": {
    "kbo": "0795.669.323",
    "name_full": "Demant Belgium",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2023-01-03",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Vervaardiging van bestralingsapparatuur en van elektromedische en elektrotherapeutische apparatuur26600Groothandel in farmaceutische en medische artikelen46460Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden32500Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels47740Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen47741
Primary activity highlighted.
Names & trade names
Legal nameNL Demant Belgium
Registered office
Technologielaan 3
3001 Leuven, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Comparable size · 7 of 49 companies in this sector with filed accounts
Devyser BE 0783.330.626 · Brussel
Pulsify Medical BE 0727.875.726 · Leuven
Collor BE 0801.581.076 · Beringen
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative