Skip to content
Checked.be
Complete company report
Generated 03-08-2026
Active BE 0763.825.510Private limited company

DEMAZ

Boomsesteenweg 690 ·2610 Antwerpen, Belgium· 5 yrs active
Sector: Computer programming & consultancy (62100)
Conclusion Checked

The computed 12-month bankruptcy probability of DEMAZ is 0.7% (low). The 2024 annual accounts show equity of €9k and a net result of €-66k. Equity is shrinking by ~27.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 7335 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €9k
Net result €-66k
Staff (FTE) 0.6
Better than sector 10%
Snowflake analysis 5 axes · computed by Checked
Health7Profitability0Solvency15Growth32Stability94
30 / 100

Fragile profile, watch profitability in particular.

Health 7
Profitability 0
Solvency 15
Growth 32
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
0.7% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
7 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 13-11-2025 with the NBB · fiscal year 2024 · micro
€-100k€-50k€0€50k€100kOperating result 2022: €18k€18kNet result 2022: €18k€18kOperating result 2023: €83k€83kNet result 2023: €55k€55kOperating result 2024: €-63k€-63kNet result 2024: €-66k€-66k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining At this pace, equity would indicatively turn negative around fiscal year 2026, assuming unchanged policy.
€-25k€0€25k€50k€75k2025: €4k (€3k - €4k)2026: €-2k (€-3k - €-1k)2027: €-8k (€-9k - €-7k)2022: €21k2023: €75k2024: €9k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 5.6% 65.0%
better than 10% of 7335 sector peers
Net result €-66k €32k
better than 5% of 7332 sector peers
Equity €9k €58k
better than 15% of 7337 sector peers
Gross operating margin €-46k €52k
better than 5% of 7326 sector peers
Staff costs €13k €17k
higher than 47% of 1081 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-60k
- far below sector median
Net profit
€-66k
- far below sector median
Cash flow
€-63k
- far below sector median
Total assets
€166k
+17.5% +209% vs sector
Equity
€9k
-87.7% -40% vs sector
Working capital
€-50
- far below sector median
Employees (FTE)
1
- -40% vs sector
Staff costs
€13k
- -76% vs sector
Income taxes
€26k
- far above sector median
Debt
€157k
+137.0% far above sector median
Debt ≤ 1y
€156k
+145.4% far above sector median
Debt > 1y
€1k
-59.0% 22-24
Current ratio
1.00
-52.4% -65% vs sector
Quick ratio
1.00
-52.4% -65% vs sector
Solvency
5.6%
-89.6% -90% vs sector
Debt / equity
17.00
+1830.8% far above sector median
ROE
-714.8%
- far below sector median
ROA
-39.7%
- far below sector median
Interest coverage
-21.48
- far below sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€-60k
Net profit€-66k
Cash flow€-63k
Staff costs€13k
Income taxes-
Dividends-
Total assets€166k
Equity€9k
Debt€157k
of which ≤ 1y€156k
of which > 1y€1k
Working capital€-50
Employees (FTE)0.6
Ratios (computed)
2024
Current ratio1.00
Quick ratio1.00
Working capital ratio0.0%
Solvency5.6%
Debt / equity17.00
Long-term debt ratio0.12
Interest coverage-21.48
Gross margin-
Net margin-
ROA-39.7%
ROE-714.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€166k
Fixed assets 21/28€10k
Tangible fixed assets 22/27€7k
Financial fixed assets 28€4k
Current assets 29/58€156k
Amounts receivable within one year 40/41€138k
Cash & bank 54/58€17k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€166k
Equity 10/15€9k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€6k
Amounts payable 17/49€157k
Amounts payable after one year 17€1k
Amounts payable within one year 42/48€156k
Trade debts payable within one year 44€13k
Income statement
Gross operating margin 9900€-46k
Operating result 9901€-63k
Financial charges 65€3k
Result before taxes 9903€-66k
Net result for the period 9904€-66k
Result to be appropriated 9905€-66k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Computer programming & consultancy(62100)
Legal form Private limited company(610)
Incorporation19-02-2021
StatusActive
Postal code2610
Establishment units 1 location
DEMAZ
Jules Pauwelsstraat 151, 2660 AntwerpenAlgemene elektrotechnische installatiewerken
since 20212.313.789.894
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11463D0280/00Z000 Flanders 3,436 m² 1 · 1,972 m² 16.0 m · 4 fl.
11382A0334/00N005 Flanders 272 m² 1 · 79 m² 10.9 m · 3 fl.
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.
Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
13-11-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
26-04-2025
NBB filing Annual accounts filed
fiscal year 2023 · micro
2024
22-10-2024
State Gazette act Registered-office change
05-04-2024
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
02-12-2022
State Gazette act Director changes
27-09-2022
State Gazette act Director changes
Belgisch Staatsblad, acts 3 acts
Address history · 1
22-10-2024
Registered-office move
All acts · 3 updated 1 year ago
2024
22-10-2024 Registered office moved within Antwerpen Registered-office change
  • Jules Pauwelsstraat 151, 2660 Antwerpen → Boomsesteenweg 690, 2610 Antwerpen
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Boomsesteenweg 690, 2610 Antwerpen",
        "city": "Antwerpen",
        "region": "vlaams_gewest",
        "street": "Boomsesteenweg",
        "country": "BE",
        "postcode": "2610",
        "box_number": null,
        "street_number": "690",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Jules Pauwelsstraat 151, 2660 Antwerpen",
        "city": "Antwerpen",
        "region": "vlaams_gewest",
        "street": "Jules Pauwelsstraat",
        "country": "BE",
        "postcode": "2660",
        "box_number": null,
        "street_number": "151",
        "locality_suffix": null
      },
      "effective_date": "2024-01-16",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2024-10-09",
    "act_kind_objet": "Zetel (zetelverplaatsing)"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2024-08-02",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0763.825.510",
    "name_full": "DEMAZ",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Selim Demirsoy",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [
    "Bijlagen bij het Belgisch-Staatsblad",
    "Annexes.du Moniteur-belge",
    "Mod PDF 19.01"
  ]
}
2022
02-12-2022 1 director appointed, 1 resigning Director changes
  • Demirsoy Selim, Bestuurder
  • Eyup Yilmaz, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Demirsoy Selim",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": false,
      "effective_date": "2022-11-01",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Eyup Yilmaz",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2022-11-17",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2022-10-28",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0763.825.510",
    "name_full": "DEMAZ",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Eyup Yilmaz",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
27-09-2022 1 director appointed, 1 resigning Director changes
  • Eyup Yilmaz, Bestuurder
  • Demirsoy Selim, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Demirsoy Selim",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": "2022-08-30",
      "evidence_quote": "De vergadering beslist tot: Ontslag van Demirsoy Selim als niet-statutaire bestuurder met ingang op 30/08/2022. De algemene vergadering verleent deze persoon kwijting voor de uitoefening van diens mandaat.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Eyup Yilmaz",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2022-09-15",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2022-08-30",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0763.825.510",
    "name_full": "DEMAZ",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Eyup Yilmaz",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100
Primary activity highlighted.
Names & trade names
Legal nameNL DEMAZ
Registered office
Boomsesteenweg 690
2610 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
HARDEB INFO BE 0447.420.616 · Chaudfontaine
NUMERICS - MULTIMEDIA TECHNOLOGIES BE 0449.001.221 · Mont-Saint-Guibert
PASTABAL BE 0434.098.457 · Wavre
ESOFIN BE 0429.963.089 · Brasschaat
S-DATA BE 0429.147.497 · Dendermonde
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative