DEMAR CONSTRUCT

Active

Private limited companyfounded 20214 yrs activeGravin van Vlaanderenstraat 14, 1020 Brussel, BelgiumKBO/BCE: BE 0779.342.837

Summary

The computed 12-month bankruptcy probability of DEMAR CONSTRUCT is 7.4% (elevated). The 2023 annual accounts show equity of €23,030 and a net result of €18,030. Its solvency ranks better than 20% of 33676 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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DEMAR CONSTRUCTActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Axes, FY 2023

Profitability72

Solvency43

Growth-

Track record79

Bankruptcy probability, 12 months

7.4% Elevated

0%0.5%1.5%4%10%≥ 25%

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Specialised construction activities (NACE 43)

about 85% more bankruptcies

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2023

Solvency, return and age of the figures

Solvency

17.5%

Return on assets

13.7%

Age of the figures

40 mo

Filed after the deadline

The financial year that closed on 31-05-2023 was due by 31-12-2023 and was filed on 04-01-2024, 4 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 · 1 filing

Deviation from the deadline

2023

4 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 4 days after the deadline; the sector median for financial year 2023 is 1 day before the deadline, and 44% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 24 December 2021, DEMAR CONSTRUCT was incorporated as a Private limited company.¹ The company has filed annual accounts once, for fiscal year 2023.²

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Turnover

€417,398

EBIT margin

5.5%

Net result

€18,030

Working capital

€22,605

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €131,370

99.7%

Fixed assets €425

Current assets €130,945

Equity and liabilities €131,370

17.5%

82.5%

Equity €23,030

Debt €108,339

Debt finances 82.5% of the balance-sheet total.

Key figures and ratios

2023 value

Current ratio

1.21

Debt to equity

4.70

ROE

78.3%

ROA

13.7%

Debt ≤ 1 year

€108,339

Income taxes

€4,572

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2023 · 32 lines

Balance sheet Code2023

Assets

Total assets20/58€131,370

Fixed assets21/28€425

Financial fixed assets28€425

Current assets29/58€130,945

Amounts receivable within one year40/41€127,691

Trade receivables40€104,716

Other amounts receivable41€22,975

Cash at bank and in hand54/58€3,253

Equity and liabilities

Total equity and liabilities10/49€131,370

Equity10/15€23,030

Contributions10/11€5,000

Profit (loss) carried forward14€18,030

Amounts payable17/49€108,339

Amounts payable within one year42/48€108,339

Trade debts44€64,599

Suppliers440/4€4,486

Bills of exchange payable441€60,113

Taxes, remuneration and social security45€43,740

Taxes450/3€4,572

Remuneration and social security454/9€39,168

Income statement Code2023

Turnover70€417,398

Goods, raw materials, services and sundry goods60/61€393,752

Other operating charges640/8€825

Gross operating margin9900€23,646

Operating profit (loss)9901€22,820

Financial charges65/66B€218

Recurring financial charges65€218

Profit (loss) for the period before taxes9903€22,603

Income taxes67/77€4,572

Profit (loss) for the period9904€18,030

Profit (loss) for the period to be appropriated9905€18,030

Appropriation of the result

Profit (loss) to be appropriated9906€18,030

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2023
Turnover70	€417,398
Goods, raw materials, services and sundry goods60/61	€393,752
Other operating charges640/8	€825
Gross operating margin9900	€23,646
Operating profit (loss)9901	€22,820
Financial charges65/66B	€218
Recurring financial charges65	€218
Profit (loss) for the period before taxes9903	€22,603
Income taxes67/77	€4,572
Profit (loss) for the period9904	€18,030
Profit (loss) for the period to be appropriated9905	€18,030

Line	2023
Assets
Total assets20/58	€131,370
Fixed assets21/28	€425
Financial fixed assets28	€425
Current assets29/58	€130,945
Amounts receivable within one year40/41	€127,691
Trade receivables40	€104,716
Other amounts receivable41	€22,975
Cash at bank and in hand54/58	€3,253
Equity and liabilities
Total equity and liabilities10/49	€131,370
Equity10/15	€23,030
Contributions10/11	€5,000
Profit (loss) carried forward14	€18,030
Amounts payable17/49	€108,339
Amounts payable within one year42/48	€108,339
Trade debts44	€64,599
Suppliers440/4	€4,486
Bills of exchange payable441	€60,113
Taxes, remuneration and social security45	€43,740
Taxes450/3	€4,572
Remuneration and social security454/9	€39,168

Line	2023
Profit (loss) for the period9904	€18,030
Operating cash flow (approximation)	€18,030

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2024

04-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 4 days late

NBB filing

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Brussel · 1 establishment unit since 2021

seat establishment The establishment unit on the map

Ground area

136 m²

Building footprint

71 m²

Volume, LiDAR

1,173 m³

Parcel 21815D0143/00P002, Brussels · tallest building 18.3 m, ±6 floors. Linked by address, not a title deed.

5 companies at this address See who is registered here

1 establishment unit

DEMAR CONSTRUCT

Gravin van Vlaanderenstraat 14, 1020 BrusselCivil engineering

since 20212.325.534.715

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21815D0143/00P002	Brussels	136 m²	1 · 71 m²	18.3 m · 6 fl.

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

Isolation Façades Graff

Zaventem · Eq €22,981

PUR project

BE 0607.877.026

Maldegem · Eq €22,933

MIPDESIGN

BE 1005.555.448

Anderlecht · Eq €22,904

CAP' HOME RENOVATION

BE 0727.751.507

Tournai · Eq €23,175

Of 4,269 companies in sector 43230 we hold annual accounts for 1,241. 893 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

Founded24-12-2021

Fiscal year end31-05

Activities, NACEBEL 2025

43230Insulation installation

43240Other construction installation

81220Other building cleaning and industrial cleaning

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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.