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DEMATTEST

Active
Private limited companyfounded 20223 yrs activeUlbeekstraat 23 a, 3832 Wellen, BelgiumKBO/BCE: BE 0793.206.612

DEMATTEST has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-19k) and a net result of €-13k. Equity is shrinking by ~129.8% per year across the filed fiscal years. Its solvency ranks better than 7% of 3468 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
33 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.56 against 0.6 in 2024; short-term debt: 152.6% and cash: 83.2% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies more bankruptcies →
raises risk · 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 2025
Solvency, return and age of the figures
Solvency
-82.1%
Return on assets
-55.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year €-19k
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 03-07-2026, 28 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
28 d early
2024
24 d early
2023
8 d late
← before the deadline after the deadline →
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 months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

Financials · fiscal year 2025, micro schema

Equity
€-19k▼ 211%
2024 · €-6k
2023: €12k 2024: €-6k
2023 → 2025
Total assets
€23k▲ 44.3%
2024 · €16k
2023: €33k 2024: €16k
2023 → 2025
Net result
€-13k▲ 28.4%
2024 · €-18k
2023: €9k 2024: €-18k
2023 → 2025
Working capital
€-15k▼ 150%
2024 · €-6k
2023: €11k 2024: €-6k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€12k-€-6k€-19k▼ 211%
Operating result€14k-€-17k€-13k▲ 28.4%
Net result€9k-€-18k€-13k▲ 28.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2023: €14k€14kNet result 2023: €9k€9kOperating result 2024: €-17k€-17kNet result 2024: €-18k€-18kOperating result 2025: €-13k€-13kNet result 2025: €-13k€-13k202320242025
The operating result stays negative: a loss of €13k in 2025 against €17k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23k
Fixed assets €3k▼ 53.2%
Current assets €20k▲ 117%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-11k
2024 · €-17k
Cash flow
€-12k
2024 · €-17k
Solvency
-82.1%
2024 · -38.0%
Current ratio
0.56
2024 · 0.60
Quick ratio
0.56
2024 · 0.60
Debt / equity
-2.22
2024 · -3.63
ROA
-55.7%
2024 · -112.3%
Interest coverage
-87.15
2024 · -155.29
Debt
€42k
2024 · €22k
Debt ≤ 1 year
€35k
2024 · €15k
Debt > 1 year
€7k=
2024 · €7k
Income taxes
€159
2024 · €289
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€16k€23k
Fixed assets21/28€7k€3k
Tangible fixed assets22/27€7k€3k
Plant, machinery and equipment23€1k€3k
Furniture and vehicles24€6k€0
Current assets29/58€9k€20k
Amounts receivable within one year40/41€3k€504
Trade receivables40€1k€504
Other amounts receivable41€1k€0
Cash at bank and in hand54/58€6k€19k
Deferred charges and accrued income490/1€107€151
Equity and liabilities
Total equity and liabilities10/49€16k€23k
Equity10/15€-6k€-19k
Contributions10/11€3k€3k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€-9k€-22k
Amounts payable17/49€22k€42k
Amounts payable after more than one year17€7k€7k=
Other amounts payable178/9€7k€7k=
Amounts payable within one year42/48€15k€35k
Financial debts43-€26k
Other loans439-€26k
Trade debts44€10k€6k
Suppliers440/4€10k€6k
Taxes, remuneration and social security45€4k€3k
Taxes450/3€4k€3k
Other amounts payable47/48€2k€0
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Non-recurring operating income76A-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€912€1k
Other operating charges640/8€2k€403
Gross operating margin9900€-15k€-11k
Operating profit (loss)9901€-17k€-13k
Financial income75/76B€0€1
Recurring financial income75€0€1
Financial charges65/66B€107€131
Recurring financial charges65€107€131
Profit (loss) for the period before taxes9903€-18k€-13k
Income taxes67/77€289€159
Profit (loss) for the period9904€-18k€-13k
Profit (loss) for the period to be appropriated9905€-18k€-13k
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-22k
Profit (loss) brought forward from the previous period14P-€-9k
Transfer from equity791/2€9k€0
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-18k ▼303%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
08-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Wellen · 1 establishment unit since 2022
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Ulbeekstraat 23 a3832 Wellen
Ground area
1,277 m²
Building footprint
462 m²
Volume, LiDAR
2,752 m³
2 parcels, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEMATTEST
Ulbeekstraat 23a, 3832 WellenReal estate development
since 20222.337.867.769
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73085B0095/00E000
ProtectedTownscape or village viewDorpskern UlbeekSource ↗
Flanders 847 m² 1 · 344 m² 12.1 m · 2 fl.
73085B0373/00B000 Flanders 430 m² 1 · 119 m² 12.1 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 995 EUR awarded · 995 EUR paid
Year Entries awardedpaid
2025 1 995 EUR995 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 995 EUR · 995 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 1,089 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-11-2022
Fiscal year end31-12
Activities, NACEBEL
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
43211General electrical installation work
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.