Skip to content

Demco

Active
Private limited companyfounded 1965active for 61 yearsPrinsengalerij 1, 1000 Brussel, BelgiumKBO/BCE: BE 0402.855.846
Summary

The computed 12-month bankruptcy probability of Demco is 1.6% (moderate). The annual accounts of Demco for financial year 2025 show a net loss of 93% of the equity at the start of that year. The 2025 annual accounts show equity of €2,214 and a net result of -€28,990. Equity has been growing by about 105% per year since 2023. Its solvency ranks better than 27% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 1965 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 27-05-1965 Normal situation
Activity
Full-service restaurants NACE 56111
Establishment unit
2.000.472.273 1000 Brussel, since 01-05-1965
Financial year end
31 December
Peppol
Reachable since 04-11-2025

Board and ownership

Board
  • Yves DELRUELLEDirector

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts 2025
Gross margin
€650,451
▼ 1.8%
Turnover
≈ €1.6m
estimated
Loss
€28,990
Equity
€2,214
▼ 92.9%
Total assets
€162,046
▼ 13.0%
Employees on 31-12-2025
11
=
  • 2025 accounts filed 61 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Loss of €28,990 (financial year 2025)Equity €2,214 (1.4% of total assets)lowers riskFounded in 1965Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 23% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 26-16
equity 1.4% of total assets
Liquidity 43-9
short-term debt 98.5% · cash 34.8%
Profitability 0-100
return on assets -17.9%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,779 companies, NACE 56, micro)
Last 24 months 12-2024: 3.2% 01-2025: 3.2%● unchanged vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.2%● unchanged vs 02-2025 04-2025: 3.2%● unchanged vs 03-2025 05-2025: 3.2%● unchanged vs 04-2025 06-2025: 3.1%▼ -0.1 percentage points vs 05-2025 07-2025: 3.0%▼ -0.1 percentage points vs 06-2025 08-2025: 3.2%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -2.9 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.6%▲ +0.2 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026 10-2026: 1.6%▲ +0.8 percentage points vs 09-2026 11-2026: 1.6%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.85 (0.99 in 2024), below 1. Short-term debt is 98.5% and cash 34.8% of total assets. 98.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 27% of them on solvency, 39% on liquidity, 17% on profitability and 8% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Loss of €28,990 (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1965
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €2,214 (1.4% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
61 days late
2024
5 days late
2023
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 32 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €94,507 in 2024 -€28,990 View
  • Caution: Lower net result than 91% of companies in food and beverage servicesector median €4,882 · 16,979 companies -€28,990 View

Recent changes

  1. · Gazette deed Resignation: Geoffroy GREINDL (director)
All 5 events

Comparable companies

These companies have the same main activity as Demco: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €137,000 and €249,000, founded between 1968 and 1985.

CompanyTotal assetsGross margin
Demco Brussel€162,046€650,451
Fortunati Châtelet€136,562€428,750
SOMAR Brussel€241,368€596,972
V.D.C. COMPANY Sint-Lambrechts-Woluwe€225,379€666,025
FIM ADVICE Ternat€241,043€478,496
Martinushoeve Antwerpen€249,244€443,747
IL DOGE Ottignies-Louvain-la-Neuve€174,652€368,648
Full comparison

Key facts about Demco

What is the company number of Demco?
The company number of Demco is 0402.855.846. The VAT number is the same number with BE in front: BE 0402.855.846.
Where is Demco based?
The registered office is at Prinsengalerij 1, 1000 Brussel.Company details
What does Demco do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of Demco?
The legal form of Demco is Private limited company (BV).
When was Demco founded?
Demco was founded on 27-05-1965.
Is Demco still active?
Yes, Demco is an active enterprise in the KBO register.
How many employees does Demco have?
Demco had an average of 10.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Demco?
The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €650,451 and 41 comparable companies (NACE 56111). It probably lies between €1.3m and €1.8m.
Is Demco profitable?
In financial year 2025, Demco made a loss of €28,990.
Where can I find the annual accounts of Demco?
Demco filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Demco due?
Demco must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.