DEMARCKE
ActiveSummary
DEMARCKE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,688 and a net result of €10,319. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 399 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-25
Solvency42▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.1 against 0.95 in 2024; short-term debt: 53.2% and cash: 0.4% of total assets), and 82.7% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.3%
Return on assets
5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 399 sector peers (2025).
NBB · sector comparisonPosition among 399 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
7 d early
2023
64 d early
2022
177 d late
2021
32 d early
2020
30 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 24 July (4 of the last 5 filed years within 56 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€35,688▲ 40.7%
2024 · €25,368
Total assets
€206,523▲ 127%
2024 · €90,902
Net result
€10,319▼ 67.1%
2024 · €31,323
Working capital
€10,678
2024 · -€2,167
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€1,772▼ 13.0%€3,741-€4,224€40,675€19,143▼ 52.9%
Net result-€2,087below the sector's middle half▼ 33.0%€3,444within the sector's middle half-€4,570below the sector's middle half€31,323within the sector's middle half€10,319within the sector's middle half▼ 67.1%
Equity-€4,828below the sector's middle half▼ 76.1%-€1,384below the sector's middle half▲ 71.3%-€5,955below the sector's middle half▼ 330%€25,368below the sector's middle half€35,688within the sector's middle half▲ 40.7%
Total assets€8,506below the sector's middle half▼ 24.3%€12,896below the sector's middle half▲ 51.6%€9,980below the sector's middle half▼ 22.6%€90,902below the sector's middle half▲ 811%€206,523within the sector's middle half▲ 127%
Debt€13,334▼ 4.6%€14,280▲ 7.1%€15,934▲ 11.6%€65,533▲ 311%€170,835▲ 161%
Working capital-€6,636below the sector's middle half▼ 205%-€2,793below the sector's middle half▲ 57.9%-€6,963below the sector's middle half▼ 149%-€2,167below the sector's middle half▲ 68.9%€10,678within the sector's middle half
Solvency-56.8%below the sector's middle half▼ 32.4pp-10.7%below the sector's middle half▲ 46.0pp-59.7%below the sector's middle half▼ 48.9pp27.9%within the sector's middle half▲ 87.6pp17.3%below the sector's middle half▼ 10.6pp
Current ratio0.50below the sector's middle half▼ 0.330.80below the sector's middle half▲ 0.300.56below the sector's middle half▼ 0.240.95below the sector's middle half▲ 0.381.10within the sector's middle half▲ 0.15
Return on assets (ROA)-24.5%below the sector's middle half▼ 10.6pp26.7%above the sector's middle half▲ 51.2pp-45.8%below the sector's middle half▼ 72.5pp34.5%above the sector's middle half▲ 80.3pp5.0%within the sector's middle half▼ 29.5pp
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
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 2025; 2025 is 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206,523
Fixed assets
€85,894 ▲ 60.3%
Current assets
€120,629 ▲ 223%
Equity and liabilities €206,523
Equity
€35,688 ▲ 40.7%
Debt
€170,835 ▲ 161%
Debt's share of the balance-sheet total rises from 72.1% to 82.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39,428▼
2024 · €46,824
Cash flow
€30,604▼
2024 · €37,472
Quick ratio
0.51▼
2024 · 0.95
Debt to equity
4.79▲
2024 · 2.58
ROE
28.9%▼
2024 · 123.5%
Interest coverage
10.29▼
2024 · 59.59
Debt ≤ 1 year
€109,951▲
2024 · €39,500
Debt > 1 year
€60,884▲
2024 · €26,033
Income taxes
€4,993▼
2024 · €8,581
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 97% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.4%
went bankrupt
1.6%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,508 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €313 | €400 | €400 | €6,149 | €20,285 | ▲ 230% |
| Other operating charges640/8 | €373 | €643 | €832 | €1,001 | €3,816 | ▲ 281% |
| Gross operating margin9900 | -€1,086 | €4,784 | -€2,992 | €47,825 | €43,243 | ▼ 9.6% |
| Operating profit (loss)9901 | -€1,772 | €3,741 | -€4,224 | €40,675 | €19,143 | ▼ 52.9% |
| Financial income75/76B | €9 | €0 | - | €15 | €0 | ▼ 99.9% |
| Recurring financial income75 | €9 | €0 | - | €15 | €0 | ▼ 99.9% |
| Financial charges65/66B | €324 | €297 | €346 | €786 | €3,831 | ▲ 388% |
| Recurring financial charges65 | €324 | €297 | €346 | €786 | €3,831 | ▲ 388% |
| Profit (loss) for the period before taxes9903 | -€2,087 | €3,444 | -€4,570 | €39,904 | €15,312 | ▼ 61.6% |
| Income taxes67/77 | - | - | - | €8,581 | €4,993 | ▼ 41.8% |
| Profit (loss) for the period9904 | -€2,087 | €3,444 | -€4,570 | €31,323 | €10,319 | ▼ 67.1% |
| Profit (loss) for the period to be appropriated9905 | -€2,087 | €3,444 | -€4,570 | €31,323 | €10,319 | ▼ 67.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8,506 | €12,896 | €9,980 | €90,902 | €206,523 | ▲ 127% |
| Fixed assets21/28 | €1,808 | €1,408 | €1,008 | €53,569 | €85,894 | ▲ 60.3% |
| Tangible fixed assets22/27 | €1,808 | €1,408 | €1,008 | €53,569 | €82,924 | ▲ 54.8% |
| Plant, machinery and equipment23 | - | - | - | €1,945 | €4,494 | ▲ 131% |
| Furniture and vehicles24 | €1,808 | €1,408 | €1,008 | €51,624 | €52,614 | ▲ 1.9% |
| Leasing and similar rights25 | - | - | - | - | €12,066 | - |
| Other tangible fixed assets26 | - | - | - | - | €13,750 | - |
| Financial fixed assets28 | - | - | - | - | €2,970 | - |
| Current assets29/58 | €6,697 | €11,488 | €8,971 | €37,333 | €120,629 | ▲ 223% |
| Stocks and contracts in progress3 | - | - | - | - | €64,006 | - |
| Stocks30/36 | - | - | - | - | €64,006 | - |
| Amounts receivable within one year40/41 | €4,834 | €6,842 | €5,069 | €29,334 | €55,228 | ▲ 88.3% |
| Trade receivables40 | €4,834 | €6,842 | €5,069 | €27,934 | €55,115 | ▲ 97.3% |
| Other amounts receivable41 | €0 | - | - | €1,400 | €113 | ▼ 91.9% |
| Cash at bank and in hand54/58 | €1,863 | €4,645 | €3,902 | €6,588 | €767 | ▼ 88.4% |
| Deferred charges and accrued income490/1 | - | - | - | €1,411 | €627 | ▼ 55.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8,506 | €12,896 | €9,980 | €90,902 | €206,523 | ▲ 127% |
| Equity10/15 | -€4,828 | -€1,384 | -€5,955 | €25,368 | €35,688 | ▲ 40.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | - | - | - | €19,168 | €29,488 | ▲ 53.8% |
| Distributable reserves133 | - | - | - | €19,168 | €29,488 | ▲ 53.8% |
| Profit (loss) carried forward14 | -€11,028 | -€7,584 | -€12,155 | €0 | - | - |
| Amounts payable17/49 | €13,334 | €14,280 | €15,934 | €65,533 | €170,835 | ▲ 161% |
| Amounts payable after more than one year17 | - | - | - | €26,033 | €60,884 | ▲ 134% |
| Financial debts170/4 | - | - | - | €26,033 | €60,884 | ▲ 134% |
| Amounts payable within one year42/48 | €13,334 | €14,280 | €15,934 | €39,500 | €109,951 | ▲ 178% |
| Current portion of amounts payable after more than one year42 | - | - | - | €14,247 | €22,561 | ▲ 58.4% |
| Financial debts43 | - | - | - | - | €8,817 | - |
| Credit institutions430/8 | - | - | - | - | €8,817 | - |
| Trade debts44 | €125 | €2,526 | €3,081 | €5,084 | €49,635 | ▲ 876% |
| Suppliers440/4 | €125 | €2,526 | €3,081 | €5,084 | €49,635 | ▲ 876% |
| Advances received on contracts in progress46 | - | - | €1,726 | €0 | - | - |
| Taxes, remuneration and social security45 | €1,313 | €627 | €0 | €3,581 | €7,171 | ▲ 100% |
| Taxes450/3 | €1,313 | €627 | €0 | €3,581 | €7,171 | ▲ 100% |
| Other amounts payable47/48 | €11,895 | €11,127 | €11,127 | €16,588 | €21,767 | ▲ 31.2% |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,087 | €3,444 | -€4,570 | €31,323 | €10,319 | ▼ 67.1% |
| + Depreciation and write-downs630 | €313 | €400 | €400 | €6,149 | €20,285 | ▲ 230% |
| Operating cash flow (approximation) | -€1,773 | €3,844 | -€4,170 | €37,472 | €30,604 | ▼ 18.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€58,710 | -€52,610 | ▲ 10.4% |
| Change in cash | - | €2,783 | -€743 | €2,685 | -€5,821 | ▼ 317% |
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
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €31,323
Net result €31,323 after one loss-making year.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 177 days late
2022
31-12
Financial
Back to profitnet €3,444
Net result €3,444 after 3 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€7,160
Net result drops to -€7,160, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Menen · 1 establishment unit since 2015
Ground area
678 m²
Building footprint
173 m²
Volume, LiDAR
682 m³
2 parcels, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Wilmanda's Coffee
since 20152.242.850.232
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34032A0008/00W000 | Flanders | 495 m² | 1 · 173 m² | 6.6 m · 1 fl. |
| 34353H0326/00F000 | Flanders | 183 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 437 EUR awarded · 437 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 129 EUR | 129 EUR |
| 2024 | 1 | 308 EUR | 308 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortrijk2.242.850.232
Legal Entity Identifier
984500C5I46068F3F908
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Of 346 companies in sector 28990 we hold annual accounts for 278. 131 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
Founded27-05-2015
Fiscal year end31-12
Activities, NACEBEL 2025
28990Manufacture of machinery and equipment not elsewhere classified
56301Cafés and bars
01309Crop and animal production, hunting and related service activities
10712Artisanal bread and fresh pastry making
10830Manufacture of food products
25110Manufacture of metal structures and parts of structures
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
46370Wholesale trade
47120Other non-specialised retail sale
55203Holiday cottages, homes and apartments
55209Other holiday and short-stay accommodation
Contact
Website
www.wilmandascoffee.comKortrijk
E-mail
info@wilmandascoffee.comKortrijk
Phone
0490314279Kortrijk
E-invoicing
Not found in the Peppol register
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.