Summary
DEMCA MANAGEMENT has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €388,652 and a net result of €15,247. Equity is growing by ~42.2% per year across the filed fiscal years. Its solvency ranks better than 47% of 32629 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 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 · 6 filingsDeviation from the deadline
2025
28 d late
2024
27 d late
2023
75 d late
2022
85 d late
2021
61 d late
2020
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 61 days after the deadline; the sector median for financial year 2024 is 9 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 30 September (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€388,652▲ 4.1%
2024 · €373,405
Total assets
€747,376▲ 10.9%
2024 · €673,665
Net result
€15,247▼ 86.7%
2024 · €114,624
Working capital
-€133,428▼ 4.0%
2024 · -€128,235
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€33,918€33,930=€21,781▼ 35.8%€21,730▼ 0.2%€21,786▲ 0.3%
Net result€25,193within the sector's middle half€114,061above the sector's middle half▲ 353%€104,713above the sector's middle half▼ 8.2%€114,624above the sector's middle half▲ 9.5%€15,247within the sector's middle half▼ 86.7%
Equity€40,007within the sector's middle half▲ 170%€154,068within the sector's middle half▲ 285%€258,781above the sector's middle half▲ 68.0%€373,405above the sector's middle half▲ 44.3%€388,652above the sector's middle half▲ 4.1%
Total assets€576,465above the sector's middle half▲ 5.1%€601,424above the sector's middle half▲ 4.3%€628,465above the sector's middle half▲ 4.5%€673,665above the sector's middle half▲ 7.2%€747,376above the sector's middle half▲ 10.9%
Debt€536,458▲ 0.6%€447,356▼ 16.6%€369,684▼ 17.4%€300,260▼ 18.8%€358,724▲ 19.5%
Working capital-€401,722below the sector's middle half▼ 10.8%-€307,399below the sector's middle half▲ 23.5%-€222,655below the sector's middle half▲ 27.6%-€128,235below the sector's middle half▲ 42.4%-€133,428below the sector's middle half▼ 4.0%
Solvency6.9%below the sector's middle half▲ 4.2pp25.6%below the sector's middle half▲ 18.7pp41.2%within the sector's middle half▲ 15.6pp55.4%within the sector's middle half▲ 14.3pp52.0%within the sector's middle half▼ 3.4pp
Current ratio0.00below the sector's middle half▼ 0.040.08below the sector's middle half▲ 0.080.19below the sector's middle half▲ 0.110.43below the sector's middle half▲ 0.240.56below the sector's middle half▲ 0.13
Return on assets (ROA)4.4%within the sector's middle half▲ 5.3pp19.0%within the sector's middle half▲ 14.6pp16.7%within the sector's middle half▼ 2.3pp17.0%within the sector's middle half▲ 0.4pp2.0%within the sector's middle half▼ 15.0pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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 recovers in 2025; 2025 is 0% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €747,376
Fixed assets
€576,000 =
Current assets
€171,376 ▲ 75.5%
Equity and liabilities €747,376
Equity
€388,652 ▲ 4.1%
Debt
€358,724 ▲ 19.5%
Debt's share of the balance-sheet total rises from 44.6% to 48.0%. Equity and debt are higher.
Key figures and ratios
ROE
3.9%▼
2024 · 30.7%
Debt ≤ 1 year
€304,804▲
2024 · €225,900
Debt > 1 year
€53,920▼
2024 · €74,360
Income taxes
€5,243▼
2024 · €5,478
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | - | €60 | - |
| Gross operating margin9900 | €33,918 | €33,930 | €21,781 | €21,730 | €21,846 | ▲ 0.5% |
| Operating profit (loss)9901 | €33,918 | €33,930 | €21,781 | €21,730 | €21,786 | ▲ 0.3% |
| Financial income75/76B | - | €90,000 | €90,000 | €100,000 | - | - |
| Recurring financial income75 | - | €90,000 | €90,000 | €100,000 | - | - |
| Financial charges65/66B | €2,056 | €1,849 | €1,712 | €1,628 | €1,296 | ▼ 20.4% |
| Recurring financial charges65 | €2,056 | €1,849 | €1,712 | €1,628 | €1,296 | ▼ 20.4% |
| Profit (loss) for the period before taxes9903 | €31,862 | €122,081 | €110,069 | €120,102 | €20,490 | ▼ 82.9% |
| Income taxes67/77 | €6,669 | €8,020 | €5,356 | €5,478 | €5,243 | ▼ 4.3% |
| Profit (loss) for the period9904 | €25,193 | €114,061 | €104,713 | €114,624 | €15,247 | ▼ 86.7% |
| Profit (loss) for the period to be appropriated9905 | €25,193 | €114,061 | €104,713 | €114,624 | €15,247 | ▼ 86.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €576,465 | €601,424 | €628,465 | €673,665 | €747,376 | ▲ 10.9% |
| Fixed assets21/28 | €576,000 | €576,000 | €576,000 | €576,000 | €576,000 | = |
| Financial fixed assets28 | €576,000 | €576,000 | €576,000 | €576,000 | €576,000 | = |
| Current assets29/58 | €465 | €25,424 | €52,465 | €97,665 | €171,376 | ▲ 75.5% |
| Amounts receivable within one year40/41 | - | €16,458 | €35,042 | €34,082 | €38,501 | ▲ 13.0% |
| Trade receivables40 | - | - | €19,040 | - | - | - |
| Other amounts receivable41 | - | €16,458 | €16,002 | €34,082 | €38,501 | ▲ 13.0% |
| Cash at bank and in hand54/58 | €465 | €8,966 | €17,423 | €63,583 | €132,875 | ▲ 109% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €576,465 | €601,424 | €628,465 | €673,665 | €747,376 | ▲ 10.9% |
| Equity10/15 | €40,007 | €154,068 | €258,781 | €373,405 | €388,652 | ▲ 4.1% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €1,260 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | €1,260 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | €1,260 | €2,000 | - | - | - | - |
| Distributable reserves133 | - | - | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €18,747 | €132,068 | €236,781 | €351,405 | €366,652 | ▲ 4.3% |
| Amounts payable17/49 | €536,458 | €447,356 | €369,684 | €300,260 | €358,724 | ▲ 19.5% |
| Amounts payable after more than one year17 | €134,271 | €114,533 | €94,564 | €74,360 | €53,920 | ▼ 27.5% |
| Financial debts170/4 | €134,271 | €114,533 | €94,564 | €74,360 | €53,920 | ▼ 27.5% |
| Amounts payable within one year42/48 | €402,187 | €332,823 | €275,120 | €225,900 | €304,804 | ▲ 34.9% |
| Current portion of amounts payable after more than one year42 | €19,509 | €19,738 | €19,969 | €20,203 | €25,440 | ▲ 25.9% |
| Trade debts44 | €348 | €348 | €2,273 | €348 | €408 | ▲ 17.2% |
| Suppliers440/4 | €348 | €348 | €2,273 | €348 | €408 | ▲ 17.2% |
| Taxes, remuneration and social security45 | €13,676 | €14,689 | €17,758 | €9,966 | €5,721 | ▼ 42.6% |
| Taxes450/3 | €13,676 | €14,689 | €17,758 | €9,966 | €5,721 | ▼ 42.6% |
| Other amounts payable47/48 | €368,654 | €298,048 | €235,120 | €195,383 | €273,235 | ▲ 39.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,193 | €114,061 | €104,713 | €114,624 | €15,247 | ▼ 86.7% |
| Operating cash flow (approximation) | €25,193 | €114,061 | €104,713 | €114,624 | €15,247 | ▼ 86.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €8,501 | €8,457 | €46,160 | €69,292 | ▲ 50.1% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Highest result since 2020net €114,624 ▲9.5%
Net result €114,624, the highest in the series.
14-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 75 days late
2023
31-12
Financial
Equity above €200,000Eq €258,781 ▲68%
3 profitable years in a row build equity to €258,781.
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
31-12
Financial
Equity above €150,000Eq €154,068 ▲285%
2 profitable years in a row build equity to €154,068.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €25,193
Net result €25,193 after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hensies · 1 establishment unit since 2019
Ground area
654 m²
Building footprint
110 m²
Parcel 53039C0496/00D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
DEMCA MANAGEMENT
since 20192.290.854.542
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53039C0496/00D000 | Wallonia | 654 m² | 1 · 109 m² | - |
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.
Structure & network
Owners and holdings
1 holding · 2 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
According to the 2025 annual accounts of DEMCA MANAGEMENT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,601 companies in this sector we hold annual accounts for 52,629. 36,604 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded22-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
82100Office administrative and support services
Contact
E-mail
cathydemory@outlook.com
Phone
+32499939695
E-mail
cathydemoury@outook.comHensies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728764364
Also
9925:BE0728764364
Registered
22-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.