Result
€143,824 €143,824
Back in profit in 2025, after a loss of €141,548 in 2024.
DEMCO
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €195,911 (2025)
€195,911▲ €268,990
lowest -€141,548 (2024)
€143,824▲ €285,372
peak €441,082 (2025)
€441,082▲ 48.4%
€145,517▼ 29.4%
Board2 names since 2016
2 directorsBrabers Gregorius and 1 other
Documentsfilings and deeds
16-07-202615 days before the deadline
2025abbreviated format
Gross margin from -€73,079 to €195,911Back to profit: €143,824Equity from €297,258 to €441,082Debts from €206,234 to €145,517Cash from €51,683 to €152,952
Key points
from the 2025 annual accountsChecked score
97
Excellent
Financially stronger than 79% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.2 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026highest value
08-2026: < 0.1%▼ -0.3 percentage points vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 10.41, cash €152,952
Equity €441,082 (75.2% of total assets)
Size: total assets €586,599
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
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 71, micro). It does better than 87% of them on solvency, 72% on liquidity, 75% on profitability and 81% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as DEMCO has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of DEMCO itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for DEMCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 10.41 (1.67 in 2024), above the usual 1.5. Short-term debt is 5.3% and cash 26.1% of total assets. 24.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 days early
2024
2 days early
2023
2 days early
2022
4 days early
2021
5 days early
2020
30 days early
2019
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 27 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0458968366
1 director appointed, 2 reappointments
Reappointments: Brabers Peteralv and Brabers Gregorius · Appointment: Brabers Peteralv (managing director and chair of the board) · General meeting of 16-04-2022 · Gazette deed
First establishment
Wintershovenstraat 8, Hasselt
Incorporation
published on 26-10-1996 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEMCO Hasselt | €586,599 | €195,911 | 75.2% | - |
| PVRD Oud-Heverlee | €536,552 | €187,812 | 65.8% | - |
| DE STANDAARDSPIEGEL Herselt | €593,881 | €206,197 | 87.4% | - |
| INCITEC Beloeil | €485,851 | €199,886 | 76.4% | - |
| IVH METAL WORKS Ganshoren | €512,785 | €165,655 | 60.4% | - |
| PI - CONSULT Sint-Katelijne-Waver | €653,740 | €192,954 | 56.3% | - |
| COSETECH Herve | €550,783 | €188,606 | 85.7% | - |
These companies have the same main activity as DEMCO: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €486,000 and €654,000, founded between 1994 and 2001.
Official details
Source: KBO- Status
- Active since 16-10-1996Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Establishment unit
- 2.078.689.7093722 Hasselt, since 01-09-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- ≈ €400,000estimated
- €586,599▲ 16.5%
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on DEMCO
DEMCO files the abbreviated format. That format states no turnover. The gross margin rose from €48,652 in 2006 to €195,911 in 2025.
In March 2023, the Official Gazette published the appointment of Brabers Peteralv as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DEMCO
- What is the company number of DEMCO?
- The company number of DEMCO is 0458.968.366. The VAT number is the same number with BE in front: BE 0458.968.366.
- Where is DEMCO based?
- The registered office is at Wintershovenstraat 8, 3722 Hasselt.Company details
- What does DEMCO do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of DEMCO?
- DEMCO is a public limited company (NV).
- When was DEMCO founded?
- DEMCO was founded on 16-10-1996.
- Is DEMCO still active?
- Yes, DEMCO is an active enterprise in the KBO register.
- What is the turnover of DEMCO?
- The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €195,911 and 53 comparable companies (NACE 711). It probably lies between €300,000 and €590,000.Financials
- Is DEMCO profitable?
- In financial year 2025, DEMCO made a profit of €143,824.
- Where can I find the annual accounts of DEMCO?
- DEMCO filed 29 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
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