DEMAR BOUW
ActiveThe computed 12-month bankruptcy probability of DEMAR BOUW is 3.0% (moderate). The 2025 annual accounts show equity of €6k and a net result of €-8k. Equity is shrinking by ~28.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 16% of 27407 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
2
/ 100
Critical▼ -47 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-20
Solvency9▼-51
Growth32▼-20
Stability94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.48 against 0.66 in 2024), and 86.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.4%
Return on assets
-18.3%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 27407 sector peers (2025).
NBB · sector comparisonPosition among 27407 sector peers
Solvency
better than 16%
← weakest
strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
18 d early
2024
19 d early
2023
33 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 57.8%
2024 · €13k
2023: €13k
2024: €13k
2023 → 2025
Total assets
€42k▲ 41.6%
2024 · €30k
2023: €46k
2024: €30k
2023 → 2025
Net result
€-8k
2024 · €525
2023: €3k
2024: €525
2023 → 2025
Working capital
€-15k▼ 193%
2024 · €-5k
2023: €-8k
2024: €-5k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€13k-€13k▲ 4.1%€6k▼ 57.8%
Operating result€4k-€1k▼ 70.5%€-7k
Net result€3k-€525▼ 81.7%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €1k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€28k▲ 43.9%
Current assets
€14k▲ 37.3%
Equity and liabilities €42k
Equity
€6k▼ 57.8%
Debt
€37k▲ 123%
The debt ratio rises from 55.1% to 86.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€638▼
2024 · €7k
Cash flow
€-362▼
2024 · €6k
Solvency
13.4%▼
2024 · 44.9%
Current ratio
0.48▼
2024 · 0.66
Quick ratio
0.47▼
2024 · 0.47
Debt / equity
6.47▲
2024 · 1.23
ROE
-137.1%▼
2024 · 3.9%
ROA
-18.3%▼
2024 · 1.8%
Interest coverage
0.62▼
2024 · 14.35
Debt
€37k▲
2024 · €16k
Debt ≤ 1 year
€30k▲
2024 · €16k
Debt > 1 year
€7k▲
2024 · €603
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€30k€42k▲
Fixed assets21/28€19k€28k▲
Intangible fixed assets21€519€349▼
Tangible fixed assets22/27€19k€28k▲
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€17k€18k▲
Leasing and similar rights25-€8k
Current assets29/58€10k€14k▲
Stocks and contracts in progress3€3k€350▼
Stocks30/36€3k€350▼
Amounts receivable within one year40/41€6k€5k▼
Trade receivables40€5k€4k▼
Other amounts receivable41€360€1k▲
Cash at bank and in hand54/58€544€7k▲
Deferred charges and accrued income490/1€1k€887▼
Equity and liabilities
Total equity and liabilities10/49€30k€42k▲
Equity10/15€13k€6k▼
Contributions10/11€10k€10k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14-€-8k
Amounts payable17/49€16k€37k▲
Amounts payable after more than one year17€603€7k▲
Financial debts170/4€603€7k▲
Amounts payable within one year42/48€16k€30k▲
Current portion of amounts payable after more than one year42€511€2k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€4k€4k=
Taxes450/3€2k€2k=
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€9k€23k▲
Accrued charges and deferred income492/3€149€61▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€834€880▲
Gross operating margin9900€8k€2k▼
Operating profit (loss)9901€1k€-7k▼
Financial income75/76B€77€24▼
Recurring financial income75€77€24▼
Financial charges65/66B€487€1k▲
Recurring financial charges65€487€1k▲
Profit (loss) for the period before taxes9903€871€-8k▼
Income taxes67/77€346-
Profit (loss) for the period9904€525€-8k▼
Profit (loss) for the period to be appropriated9905€525€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€525€-8k▼
Transfer to equity691/2€525-
To other reserves6921€525-
The notes to these accounts (9 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-8k ▼1575%
Net result drops to €-8k, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 Panne · 1 establishment unit since 2023
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.
Dorpsstraat 318660 De PanneGround area
183 m²
Building footprint
100 m²
Volume, LiDAR
410 m³
Parcel 38001C0439/00C000, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DEMAR BOUW
since 20232.340.554.570
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38001C0439/00C000 | Flanders | 183 m² | 1 · 100 m² | 6.7 m · 1 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
VAN DE SCHOOT
BE 0426.633.912
Scherpenheuvel-Zichem · Eq €6k
AB PRO CONSTRUCTION
BE 1001.259.041
Kraainem · Eq €6k
MARIANOVA
BE 1015.961.370
Maldegem · Eq €6k
MEYERS CONSTRUCT
BE 0732.966.345
Waimes · Eq €6k
Algemene Bouwwerken Calmeyn
BE 0790.977.788
Gent · Eq €6k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 6,855 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2023
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
77210Renting and leasing of sports and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.