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DEMAR CONSTRUCT

Active
Private limited companyfounded 2021active for 4 yearsGravin van Vlaanderenstraat 14, 1020 Brussel, BelgiumKBO/BCE: BE 0779.342.837
Summary

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.

Overview

Activity
Activity not known1 site
Size
€417,398turnover 2023
Equity
€23,030
Profit
€18,030
Financial health
Bankruptcy probabilitywithin 12 months
11.6%
2023 figures too old to score
Structure
2023 accounts filed 4 days late1 deed in the Belgian Official Gazette
Signalsraises riskSize: turnover €417,398, total assets €131,3702 financial years not filed after the legal deadline; last filed accounts filed 4 days lateFigures for financial year 2023 (filed 06-01-2024)Founded in 20212023 accounts filed 4 days lateShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Financial strength, FY 2023
Weak
Solvency 43
equity 17.5% of total assets
Liquidity 8
short-term debt 82.5% · cash 2.5%
Profitability 72
return on assets 13.7%
Bankruptcy probability, 12 months
11.6% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)
Last 24 months 11-2024: 4.0%lowest value 12-2024: 4.1%▲ +0.1 percentage points vs 11-2024 01-2025: 4.8%▲ +0.7 percentage points vs 12-2024 02-2025: 5.2%▲ +0.4 percentage points vs 01-2025 03-2025: 6.7%▲ +1.5 percentage points vs 02-2025 04-2025: 6.9%▲ +0.2 percentage points vs 03-2025 05-2025: 7.7%▲ +0.8 percentage points vs 04-2025 06-2025: 9.8%▲ +2.1 percentage points vs 05-2025 07-2025: 9.8%● unchanged vs 06-2025 08-2025: 9.8%● unchanged vs 07-2025 09-2025: 8.4%▼ -1.4 percentage points vs 08-2025 10-2025: 8.4%● unchanged vs 09-2025 11-2025: 8.3%▼ -0.1 percentage points vs 10-2025 12-2025: 8.2%▼ -0.1 percentage points vs 11-2025 01-2026: 10.2%▲ +2.0 percentage points vs 12-2025 02-2026: 11.6%▲ +1.4 percentage points vs 01-2026highest value 03-2026: 11.6%● unchanged vs 02-2026highest value 04-2026: 11.6%● unchanged vs 03-2026highest value 05-2026: 11.6%● unchanged vs 04-2026highest value 06-2026: 11.6%● unchanged vs 05-2026highest value 07-2026: 11.6%● unchanged vs 06-2026highest value 08-2026: 11.6%● unchanged vs 07-2026highest value 09-2026: 11.6%● unchanged vs 08-2026highest value 10-2026: 11.6%● unchanged vs 09-2026highest value
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Signals

Five signals.
raises risk
raises risk · Size: turnover €417,398, total assets €131,370
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 4 days late
NBB · filings
raises risk · Figures for financial year 2023 (filed 06-01-2024)
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · 2023 accounts filed 4 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2023
4 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2023 accounts 4 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…

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
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
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.

Line2023
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
Line2023
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
Line2023
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.

Download as CSV

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.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

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

  1. 1KBO register
  2. 2National Bank, annual accounts 2023

Acts, filings and financial milestones

2024
04-01
NBB filing Annual accounts filed
financial year 2023 · micro format · 4 days late
NBB filing
0 of 1 deed read
About the unread acts

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

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Register details

Identification
Legal formPrivate limited company
Founded24-12-2021
Financial year end31-05
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

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

Register as of 26 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
136 m²
Building footprint
71 m²
Building volume
1,173 m³
Parcel 21815D0143/00P002, Brussels · tallest building 18.3 m. 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 2021unit no. 2.325.534.715
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21815D0143/00P002 Brussels 136 m² 1 · 71 m² 18.3 m · 6
How the parcels are linked
Good to know
The parcel matches the address exactly.