DEMCO
ActiveDEMCO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €727k and a net result of €5k. Equity remains stable across the filed fiscal years (±0.9% per year). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▼-9
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.56 in 2024; short-term debt: 16.1% and cash: 8.6% of total assets), and 17.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.4%
Return on assets
0.5%
Age of the figures
16 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 22-10-2025, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
71 d early
2023
81 d early
2022
75 d early
2021
36 d early
2020
73 d early
2019
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close19-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€727k▲ 0.6%
2024 · €723k
2019: €692k
2020: €694k
2021: €702k
2022: €709k
2023: €714k
2024: €723k
2019 → 2025
Total assets
€883k▲ 0.7%
2024 · €877k
2019: €863k
2020: €829k
2021: €841k
2022: €853k
2023: €870k
2024: €877k
2019 → 2025
Net result
€5k▼ 44.7%
2024 · €8k
2019: €70k
2020: €2k
2021: €8k
2022: €7k
2023: €5k
2024: €8k
2019 → 2025
Working capital
€91k▲ 14.0%
2024 · €80k
2019: €20k
2020: €27k
2021: €43k
2022: €53k
2023: €66k
2024: €80k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€702k-€709k▲ 1.0%€714k▲ 0.8%€723k▲ 1.2%€727k▲ 0.6%
Operating result€16k-€15k▼ 5.6%€14k▼ 8.5%€21k▲ 50.0%€14k▼ 30.8%
Net result€8k-€7k▼ 9.6%€5k▼ 24.2%€8k▲ 54.5%€5k▼ 44.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €883k
Fixed assets
€650k▼ 0.8%
Current assets
€233k▲ 5.1%
Equity and liabilities €883k
Equity
€727k▲ 0.6%
Debt
€156k▲ 1.0%
The debt ratio rises from 17.6% to 17.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19k▼
2024 · €27k
Cash flow
€10k▼
2024 · €15k
Solvency
82.4%▼
2024 · 82.4%
Current ratio
1.64▲
2024 · 1.56
Quick ratio
1.64▲
2024 · 1.56
Debt / equity
0.21▲
2024 · 0.21
ROE
0.6%▼
2024 · 1.2%
ROA
0.5%▼
2024 · 1.0%
Interest coverage
1.82▼
2024 · 2.89
Debt
€156k▲
2024 · €154k
Debt ≤ 1 year
€142k=
2024 · €142k
Income taxes
€2k▼
2024 · €3k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€877k€883k▲
Fixed assets21/28€655k€650k▼
Tangible fixed assets22/27€655k€650k▼
Land and buildings22€655k€650k▼
Current assets29/58€222k€233k▲
Amounts receivable within one year40/41-€2k
Other amounts receivable41-€2k
Current investments50/53-€150k
Cash at bank and in hand54/58€219k€76k▼
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€877k€883k▲
Equity10/15€723k€727k▲
Contributions10/11€119k€119k=
Revaluation surpluses12€468k€468k=
Reserves13€135k€140k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€135k€140k▲
Amounts payable17/49€154k€156k▲
Amounts payable within one year42/48€142k€142k=
Current portion of amounts payable after more than one year42€2k€2k=
Trade debts44€57€249▲
Suppliers440/4€57€249▲
Taxes, remuneration and social security45€3k€0▼
Taxes450/3€3k€0▼
Other amounts payable47/48€137k€140k▲
Accrued charges and deferred income492/3€12k€13k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8€6k€6k▲
Gross operating margin9900€32k€25k▼
Operating profit (loss)9901€21k€14k▼
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€9k€11k▲
Recurring financial charges65€9k€11k▲
Profit (loss) for the period before taxes9903€11k€6k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€8k€5k▼
Profit (loss) for the period to be appropriated9905€8k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€5k▼
Transfer to equity691/2€8k€5k▼
To other reserves6921€8k€5k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-05
Financial
Weakest financial yearnet €2k ▼97.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
2019
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
01-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
05-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Knokke-Heist · 1 establishment unit since 2008
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.
Rustoordstraat 88300 Knokke-HeistGround area
1,218 m²
Building footprint
286 m²
Volume, LiDAR
1,430 m³
Parcel 31039F0293/00D000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEMCO
since 20082.181.761.810
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039F0293/00D000 | Flanders | 1,218 m² | 1 · 285 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-2007
Fiscal year end31-05
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.