DEMAZY Max
ActiveDEMAZY Max has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €278k and a net result of €171k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 56% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency77▲+25
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 1.25 in 2023; short-term debt: 28.1% and cash: 20.5% of total assets), and 48.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €278k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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
not confirmed
2024
28 d late
2023
64 d late
2022
30 d late
2021
67 d late
2020
90 d late
2019
270 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€278k▲ 158%
2023 · €108k
2018: €182k
2019: €180k
2020: €171k
2021: €216k
2022: €186k
2023: €108k
2018 → 2024
Total assets
€539k▲ 37.8%
2023 · €392k
2018: €364k
2019: €385k
2020: €486k
2021: €464k
2022: €506k
2023: €392k
2018 → 2024
Net result
€171k
2023 · €-78k
2018: €23k
2019: €-2k
2020: €-9k
2021: €46k
2022: €-31k
2023: €-78k
2018 → 2024
Working capital
€202k▲ 468%
2023 · €36k
2018: €170k
2019: €146k
2020: €84k
2021: €132k
2022: €110k
2023: €36k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€171k-€216k▲ 26.6%€186k▼ 14.1%€108k▼ 42.1%€278k▲ 158%
Operating result€-5k-€66k€-27k€-74k▼ 171%€192k
Net result€-9k-€46k€-31k€-78k▼ 157%€171k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €192k after a loss of €74k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €539k
Fixed assets
€185k▼ 12.1%
Current assets
€354k▲ 95.9%
Equity and liabilities €539k
Equity
€278k▲ 158%
Debt
€261k▼ 8.0%
The debt ratio falls from 72.5% to 48.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€213k▲
2023 · €-39k
Cash flow
€192k▲
2023 · €-44k
Solvency
51.6%▲
2023 · 27.5%
Current ratio
2.34▲
2023 · 1.25
Quick ratio
2.14▲
2023 · 1.10
Debt / equity
0.94▼
2023 · 2.64
ROE
61.3%▲
2023 · -72.8%
ROA
31.6%▲
2023 · -20.0%
Interest coverage
60.79▲
2023 · -9.15
Debt
€261k▼
2023 · €284k
Debt ≤ 1 year
€152k▲
2023 · €145k
Debt > 1 year
€109k▼
2023 · €139k
Income taxes
€18k▲
2023 · €242
Staff costs
€2k=
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€392k€539k▲
Fixed assets21/28€211k€185k▼
Intangible fixed assets21€322€117▼
Tangible fixed assets22/27€210k€185k▼
Land and buildings22€162k€152k▼
Plant, machinery and equipment23€11k€9k▼
Furniture and vehicles24€37k€23k▼
Current assets29/58€181k€354k▲
Stocks and contracts in progress3€22k€30k▲
Stocks30/36€22k€30k▲
Amounts receivable within one year40/41€114k€212k▲
Trade receivables40€82k€198k▲
Other amounts receivable41€31k€14k▼
Cash at bank and in hand54/58€44k€110k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€392k€539k▲
Equity10/15€108k€278k▲
Contributions10/11€20k€20k=
Reserves13€69k€69k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€69k€69k=
Profit (loss) carried forward14€18k€189k▲
Amounts payable17/49€284k€261k▼
Amounts payable after more than one year17€139k€109k▼
Financial debts170/4€139k€109k▼
Amounts payable within one year42/48€145k€152k▲
Current portion of amounts payable after more than one year42€30k€31k▲
Trade debts44€49k€43k▼
Suppliers440/4€49k€43k▼
Taxes, remuneration and social security45€14k€29k▲
Taxes450/3€9k€19k▲
Remuneration and social security454/9€5k€10k▲
Other amounts payable47/48€51k€49k▼
Accrued charges and deferred income492/3€202€283▲
Income statement
Code20232024
Remuneration, social security and pensions62€2k€2k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€22k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€11k▲
Other operating charges640/8€5k€7k▲
Gross operating margin9900€-28k€233k▲
Operating profit (loss)9901€-74k€192k▲
Financial income75/76B€22€18▼
Recurring financial income75€22€18▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€-78k€188k▲
Income taxes67/77€242€18k▲
Profit (loss) for the period9904€-78k€171k▲
Profit (loss) for the period to be appropriated9905€-78k€171k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€189k▲
Profit (loss) brought forward from the previous period14P€97k€18k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €171k
Net result €171k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €278k ▲158%
Equity rises from €108k to €278k.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Weakest financial yearnet €-78k
Net result drops to €-78k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 67 days late
2021
31-12
Financial
Back to profitnet €46k
Net result €46k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €216k ▲26.6%
Equity rises from €171k to €216k.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 270 days late
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Assesse · 2 establishment units since 2010
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.
Chaussée de Marche 265330 AssesseGround area
1,947 m²
Building footprint
196 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
Demazy Max SPRL
since 20102.195.355.072
DEMAZY MAX
since 20202.383.400.262
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91002C0398/00K000 | Wallonia | 1,132 m² | 1 · 106 m² | - |
| 92006C0037/00V000 | Wallonia | 815 m² | 1 · 89 m² | - |
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.
Similar companies · same sector, comparable size
NIRVAN
BE 0823.797.640
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DKB INTERIEUR
BE 0717.674.096
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STAV
BE 0451.116.712
Tielt · Eq €278k
CDC BOIS
BE 0842.170.133
Ottignies-Louvain-la-Neuve · Eq €278k
WARD BOERJAN
BE 0716.798.425
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 6,998 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-2010
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
46831Wholesale of construction materials, general range
46832Wholesale of timber
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.demazym.be
Phone:+3283656391