DEMARMA
ActiveSummary
DEMARMA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €3k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▲+3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 4.85 against 6.83 in 2024; short-term debt: 18.9% and cash: 20% of total assets), and 18.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
81.1%
Return on assets
5.7%
Age of the figures
9 mo
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 11-05-2026, 81 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
81 d early
2024
37 d early
2023
68 d early
2022
34 d early
2021
44 d early
2020
11 d early
2019
2 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▲ 3.3%
2024 · €44k
2019: €9klowest in 7 years
2020: €27k▲ +205% vs 2019
2021: €38k▲ +39.8% vs 2020
2022: €32k▼ -15.7% vs 2021
2023: €42k▲ +29.8% vs 2022
2024: €44k▲ +5.1% vs 2023
2025: €45k▲ +3.3% vs 2024highest in 7 years
2019 → 2025
Total assets
€56k▲ 11.2%
2024 · €50k
2019: €22klowest in 7 years
2020: €44k▲ +99.8% vs 2019
2021: €50k▲ +13.0% vs 2020
2022: €38k▼ -24.4% vs 2021
2023: €49k▲ +29.0% vs 2022
2024: €50k▲ +2.8% vs 2023
2025: €56k▲ +11.2% vs 2024highest in 7 years
2019 → 2025
Net result
€3k▼ 16.5%
2024 · €4k
2019: €9k
2020: €20k▲ +132% vs 2019highest in 7 years
2021: €11k▼ -45.5% vs 2020
2022: €-5k▼ -148% vs 2021lowest in 7 years
2023: €11k▲ +316% vs 2022
2024: €4k▼ -66.1% vs 2023
2025: €3k▼ -16.5% vs 2024
2019 → 2025
Working capital
€41k▲ 9.4%
2024 · €37k
2019: €5klowest in 7 years
2020: €23k▲ +372% vs 2019
2021: €35k▲ +53.6% vs 2020
2022: €30k▼ -13.4% vs 2021
2023: €41k▲ +35.4% vs 2022highest in 7 years
2024: €37k▼ -8.8% vs 2023
2025: €41k▲ +9.4% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€32k▼ 15.7%€42k▲ 29.8%€44k▲ 5.1%€45k▲ 3.3%
2021: €38k
2022: €32k▼ -15.7% vs 2021lowest in 5 years
2023: €42k▲ +29.8% vs 2022
2024: €44k▲ +5.1% vs 2023
2025: €45k▲ +3.3% vs 2024highest in 5 years
Operating result€19k-€-2k€18k€10k▼ 46.8%€9k▼ 1.6%
2021: €19khighest in 5 years
2022: €-2k▼ -112% vs 2021lowest in 5 years
2023: €18k▲ +906% vs 2022
2024: €10k▼ -46.8% vs 2023
2025: €9k▼ -1.6% vs 2024
Net result€11k-€-5k€11k€4k▼ 66.1%€3k▼ 16.5%
2021: €11k
2022: €-5k▼ -148% vs 2021lowest in 5 years
2023: €11k▲ +316% vs 2022highest in 5 years
2024: €4k▼ -66.1% vs 2023
2025: €3k▼ -16.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €56k
Fixed assets
€5k ▼ 30.7%
Current assets
€51k ▲ 17.7%
Equity and liabilities €56k
Equity
€45k ▲ 3.3%
Debt
€11k ▲ 65.9%
Debt's share of the balance-sheet total rises from 12.7% to 18.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11k▲
2024 · €11k
Cash flow
€5k▼
2024 · €5k
Current ratio
4.85▼
2024 · 6.83
Debt to equity
0.23▲
2024 · 0.15
ROE
7.0%▼
2024 · 8.7%
ROA
5.7%▼
2024 · 7.6%
Interest coverage
4.57▲
2024 · 3.93
Debt ≤ 1 year
€11k▲
2024 · €6k
Income taxes
€4k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€50k€56k▲
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€7k€5k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€98-
Current assets29/58€44k€51k▲
Amounts receivable within one year40/41€31k€40k▲
Trade receivables40€29k€40k▲
Other amounts receivable41€2k€17▼
Cash at bank and in hand54/58€13k€11k▼
Deferred charges and accrued income490/1-€336
Equity and liabilities
Total equity and liabilities10/49€50k€56k▲
Equity10/15€44k€45k▲
Contributions10/11€2k€2k=
Reserves13€42k€43k▲
Distributable reserves133€42k€43k▲
Amounts payable17/49€6k€11k▲
Amounts payable within one year42/48€6k€11k▲
Trade debts44€2k€897▼
Suppliers440/4€2k€897▼
Taxes, remuneration and social security45€318€3k▲
Taxes450/3€318€3k▲
Other amounts payable47/48€4k€6k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€1k€387▼
Gross operating margin9900€12k€12k▼
Operating profit (loss)9901€10k€9k▼
Financial income75/76B€53€48▼
Recurring financial income75€53€48▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€7k€7k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€4k€3k▼
Profit (loss) for the period to be appropriated9905€4k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€3k▼
Transfer to equity691/2€2k€1k▼
To other reserves6921€2k€1k▼
Profit to be distributed694/7€2k€2k▲
Return on contributions (dividend)694€2k€2k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €1k | €2k | €2k | ▲ 30.3% |
| Other operating charges640/8 | €1k | €780 | €815 | €1k | €387 | ▼ 71.4% |
| Gross operating margin9900 | €21k | €-136 | €20k | €12k | €12k | ▼ 5.2% |
| Operating profit (loss)9901 | €19k | €-2k | €18k | €10k | €9k | ▼ 1.6% |
| Financial income75/76B | €0 | - | €81 | €53 | €48 | ▼ 10.1% |
| Recurring financial income75 | €0 | - | €81 | €53 | €48 | ▼ 10.1% |
| Financial charges65/66B | €897 | €705 | €538 | €3k | €2k | ▼ 11.7% |
| Recurring financial charges65 | €897 | €705 | €538 | €3k | €2k | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €18k | €-3k | €17k | €7k | €7k | ▲ 2.5% |
| Income taxes67/77 | €7k | €2k | €6k | €3k | €4k | ▲ 26.9% |
| Profit (loss) for the period9904 | €11k | €-5k | €11k | €4k | €3k | ▼ 16.5% |
| Profit (loss) for the period to be appropriated9905 | €11k | €-5k | €11k | €4k | €3k | ▼ 16.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50k | €38k | €49k | €50k | €56k | ▲ 11.2% |
| Fixed assets21/28 | €3k | €2k | €967 | €7k | €5k | ▼ 30.7% |
| Tangible fixed assets22/27 | €3k | €2k | €967 | €7k | €5k | ▼ 30.7% |
| Plant, machinery and equipment23 | €662 | €582 | €503 | €7k | €5k | ▼ 29.7% |
| Furniture and vehicles24 | €3k | €1k | €464 | €98 | - | - |
| Current assets29/58 | €47k | €36k | €48k | €44k | €51k | ▲ 17.7% |
| Amounts receivable within one year40/41 | €10k | €15k | €35k | €31k | €40k | ▲ 28.2% |
| Trade receivables40 | €10k | €10k | €34k | €29k | €40k | ▲ 37.4% |
| Other amounts receivable41 | €737 | €5k | €791 | €2k | €17 | ▼ 99.2% |
| Cash at bank and in hand54/58 | €36k | €20k | €13k | €13k | €11k | ▼ 11.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €336 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50k | €38k | €49k | €50k | €56k | ▲ 11.2% |
| Equity10/15 | €38k | €32k | €42k | €44k | €45k | ▲ 3.3% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves13 | €36k | €36k | €40k | €42k | €43k | ▲ 3.5% |
| Distributable reserves133 | €36k | €36k | €40k | €42k | €43k | ▲ 3.5% |
| Profit (loss) carried forward14 | - | €-6k | - | - | - | - |
| Amounts payable17/49 | €12k | €6k | €7k | €6k | €11k | ▲ 65.9% |
| Amounts payable within one year42/48 | €12k | €6k | €7k | €6k | €11k | ▲ 65.9% |
| Trade debts44 | €1k | €2k | €1k | €2k | €897 | ▼ 47.3% |
| Suppliers440/4 | €1k | €2k | €1k | €2k | €897 | ▼ 47.3% |
| Taxes, remuneration and social security45 | €10k | €2k | €2k | €318 | €3k | ▲ 954% |
| Taxes450/3 | €10k | €2k | €2k | €318 | €3k | ▲ 954% |
| Other amounts payable47/48 | €612 | €2k | €4k | €4k | €6k | ▲ 45.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €-5k | €11k | €4k | €3k | ▼ 16.5% |
| + Depreciation and write-downs630 | €1k | €1k | €1k | €2k | €2k | ▲ 30.3% |
| Operating cash flow (approximation) | €12k | €-4k | €12k | €5k | €5k | ▼ 2.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-7k | €0 | ▲ 100% |
| Change in cash | - | €-16k | €-7k | €-517 | €-1k | ▼ 168% |
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
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €20k ▲132%
Operating result €30k, net result €20k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brugge · 1 establishment unit since 2019
Ground area
122 m²
Building footprint
68 m²
Volume, LiDAR
492 m³
Parcel 31027D0458/00B008, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DeMarMa
since 20192.291.074.078
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0458/00B008 | Flanders | 122 m² | 1 · 67 m² | 10.4 m · 2 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.
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,495. 2,016 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
Founded03-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
Scores and ratios are computed by Checked and are not a credit decision.