DEMAP
ActiveSummary
DEMAP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (-€124,706) and a net result of -€5,272. Equity is shrinking by ~72.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 3320 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked 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.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 3320 sector peers (2024).
NBB · sector comparisonPosition among 3320 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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
70 d late
2023
68 d late
2022
91 d late
2021
61 d late
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 84 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
-€124,706▼ 4.4%
2023 · -€119,434
Net result
-€5,272
2023 · €1,594
Total assets
€51,330▼ 22.9%
2023 · €66,615
Solvency
-243.0%▼ 63.7pp
2023 · -179.3%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€4,818▼ 72.6%€8,722▲ 81.0%€2,267▼ 74.0%€14,045▲ 520%€9,219▼ 34.4%
Net result-€15,291-€59,806▼ 291%-€77,628▼ 29.8%€1,594-€5,272
Equity€16,407▼ 48.2%-€43,400-€121,028▼ 179%-€119,434▲ 1.3%-€124,706▼ 4.4%
Total assets€100,031▼ 12.4%€84,321▼ 15.7%€81,517▼ 3.3%€66,615▼ 18.3%€51,330▼ 22.9%
Debt€83,624▲ 1.3%€127,720▲ 52.7%€202,545▲ 58.6%€186,049▼ 8.1%€176,036▼ 5.4%
Working capital-€27,482▲ 10.4%-€61,310▼ 123%-€118,742▼ 93.7%-€125,595▼ 5.8%-€132,505▼ 5.5%
Solvency16.4%▼ 11.4pp-51.5%▼ 67.9pp-148.5%▼ 97.0pp-179.3%▼ 30.8pp-243.0%▼ 63.7pp
Staff (FTE)11=1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 34% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €51,330
Fixed assets
€29,549 ▼ 21.7%
Current assets
€21,781 ▼ 24.6%
Key figures and ratios
ROA
-10.3%▼
2023 · 2.4%
Debt ≤ 1 year
€154,286▼
2023 · €154,495
Income taxes
€13,634▲
2023 · €11,308
Staff costs
€46,413▲
2023 · €43,848
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €37,956 | €40,817 | €43,848 | €46,413 | ▲ 5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,398 | €9,447 | €7,783 | €8,899 | €9,963 | ▲ 12.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€97,054 | - | - | - | - |
| Other operating charges640/8 | - | €105,083 | €3,080 | €3,382 | €1,799 | ▼ 46.8% |
| Non-recurring operating charges66A | - | - | €3,670 | €600 | - | - |
| Gross operating margin9900 | €50,876 | €64,155 | €57,617 | €70,774 | €67,393 | ▼ 4.8% |
| Operating profit (loss)9901 | €4,818 | €8,722 | €2,267 | €14,045 | €9,219 | ▼ 34.4% |
| Financial income75/76B | - | €0 | €3 | €9 | €420 | ▲ 4,549% |
| Recurring financial income75 | €2,317 | €0 | €3 | €9 | €403 | ▲ 4,359% |
| Non-recurring financial income76B | - | - | - | - | €17 | - |
| Financial charges65/66B | - | €1,921 | €1,753 | €1,152 | €1,277 | ▲ 10.9% |
| Recurring financial charges65 | €785 | €1,921 | €1,753 | €1,152 | €1,277 | ▲ 10.9% |
| Profit (loss) for the period before taxes9903 | €6,350 | €6,801 | €518 | €12,903 | €8,362 | ▼ 35.2% |
| Income taxes67/77 | €21,641 | €66,607 | €78,146 | €11,308 | €13,634 | ▲ 20.6% |
| Profit (loss) for the period9904 | -€15,291 | -€59,806 | -€77,628 | €1,594 | -€5,272 | ▼ 431% |
| Profit (loss) for the period to be appropriated9905 | -€15,291 | -€59,806 | -€77,628 | €1,594 | -€5,272 | ▼ 431% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €100,031 | €84,321 | €81,517 | €66,615 | €51,330 | ▼ 22.9% |
| Fixed assets21/28 | €58,713 | €49,266 | €41,483 | €37,715 | €29,549 | ▼ 21.7% |
| Intangible fixed assets21 | €49,999 | €42,216 | €34,433 | €26,650 | €18,866 | ▼ 29.2% |
| Tangible fixed assets22/27 | €1,664 | - | - | €4,055 | €3,672 | ▼ 9.4% |
| Furniture and vehicles24 | - | - | - | €4,055 | €3,672 | ▼ 9.4% |
| Financial fixed assets28 | €7,050 | €7,050 | €7,050 | €7,011 | €7,011 | = |
| Current assets29/58 | €41,318 | €35,055 | €40,034 | €28,900 | €21,781 | ▼ 24.6% |
| Amounts receivable within one year40/41 | €30,008 | €2,081 | €1,285 | €2,119 | €2,590 | ▲ 22.2% |
| Trade receivables40 | - | €676 | €1,285 | €2,119 | €2,590 | ▲ 22.2% |
| Other amounts receivable41 | - | €1,405 | - | - | - | - |
| Cash at bank and in hand54/58 | €10,163 | €31,551 | €38,050 | €25,905 | €17,847 | ▼ 31.1% |
| Deferred charges and accrued income490/1 | - | €1,422 | €700 | €876 | €1,344 | ▲ 53.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €100,031 | €84,321 | €81,517 | €66,615 | €51,330 | ▼ 22.9% |
| Equity10/15 | €16,407 | -€43,400 | -€121,028 | -€119,434 | -€124,706 | ▼ 4.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €4,468 | €4,468 | €4,468 | €4,468 | €4,468 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €2,608 | €2,608 | €2,608 | €2,608 | = |
| Profit (loss) carried forward14 | €5,739 | -€54,068 | -€131,696 | -€130,102 | -€135,374 | ▼ 4.1% |
| Amounts payable17/49 | €83,624 | €127,720 | €202,545 | €186,049 | €176,036 | ▼ 5.4% |
| Amounts payable within one year42/48 | €68,800 | €96,365 | €158,776 | €154,495 | €154,286 | ▼ 0.1% |
| Trade debts44 | €10,349 | €8,984 | €10,524 | €12,675 | €8,414 | ▼ 33.6% |
| Suppliers440/4 | - | €8,984 | €10,524 | €12,675 | €8,414 | ▼ 33.6% |
| Advances received on contracts in progress46 | - | €42,247 | €67,247 | €91,717 | €103,717 | ▲ 13.1% |
| Taxes, remuneration and social security45 | - | €11,971 | €12,809 | €16,412 | €23,024 | ▲ 40.3% |
| Taxes450/3 | - | €7,178 | €5,695 | €8,799 | €13,794 | ▲ 56.8% |
| Remuneration and social security454/9 | - | €4,793 | €7,114 | €7,613 | €9,230 | ▲ 21.2% |
| Other amounts payable47/48 | - | €33,163 | €68,196 | €33,691 | €19,130 | ▼ 43.2% |
| Accrued charges and deferred income492/3 | - | €31,355 | €43,769 | €31,554 | €21,750 | ▼ 31.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,291 | -€59,806 | -€77,628 | €1,594 | -€5,272 | ▼ 431% |
| + Depreciation and write-downs630 | €9,398 | €9,447 | €7,783 | €8,899 | €9,963 | ▲ 12.0% |
| Operating cash flow (approximation) | -€5,893 | -€50,359 | -€69,845 | €10,494 | €4,691 | ▼ 55.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€5,132 | -€1,797 | ▲ 65.0% |
| Change in cash | - | €21,388 | €6,498 | -€12,145 | -€8,058 | ▲ 33.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Back to profitnet €1,594
Net result €1,594 after 3 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
31-12
Financial
Weakest financial yearnet -€77,628
Net result drops to -€77,628, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Back to profitnet €6,550
Net result €6,550 after one loss-making year.
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 222 days late
2016
16-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 108 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2007
Ground area
15 m²
Parcel 11344A0523/00L010, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DEMAP
since 20072.158.960.573
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11344A0523/00L010 | Flanders | 15 m² | - | - |
Linked by address, not proof of ownership
Good to know
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
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Of 4,673 companies in sector 66220 we hold annual accounts for 3,220. 1,365 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded30-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
Contact
Phone
03/454 03 24Antwerpen
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.