DEMAR CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of DEMAR CONSTRUCT is 11.6% (high). The 2023 annual accounts show equity of €23,030 and a net result of €18,030. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2023, micro format
2023 annual accounts filed late (4 days) Filed on 4 January 2024, deadline 31 December 2023 (7 months after the close on 31 May 2023, Companies Code art. 3:10). Source: NBB, 2024-00543798.
Turnover
€417,398
EBIT margin
5.5%
Net result
€18,030
Working capital
€22,605
Balance-sheet composition
Assets €131,370
Fixed assets
€425
Current assets
€130,945
Equity and liabilities €131,370
Equity
€23,030
Debt
€108,339
Debt finances 82.5% of the balance-sheet total.
Key figures and ratios
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
| 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-05-2023 | micro format | 04-01-2024 | 2024-00543798 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.