DEMCO PATRIA
The computed 12-month bankruptcy probability of DEMCO PATRIA is 0.7% (low). The 2024 annual accounts show equity of €249k and a net result of €85k. Equity is growing by ~49.2% per year across the filed fiscal years. Its solvency ranks better than 47% of 4967 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €249k |
| Net result | €85k |
| Staff (FTE) | 2.3 |
| Better than sector | 47% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.9% | 16.7% | |
| Net result | €85k | €2k | |
| Equity | €249k | €27k | |
| Gross operating margin | €249k | €27k | |
| Staff costs | €67k | €20k |
Show 12 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €174k |
| Net profit | €85k |
| Cash flow | €134k |
| Staff costs | €67k |
| Income taxes | €20k |
| Dividends | €2k |
| Total assets | €1.79M |
| Equity | €249k |
| Debt | €1.55M |
| of which ≤ 1y | €965k |
| of which > 1y | €580k |
| Working capital | €-84k |
| Employees (FTE) | 2.3 |
| 2024 | |
|---|---|
| Current ratio | 0.91 |
| Quick ratio | 0.91 |
| Working capital ratio | -4.7% |
| Solvency | 13.9% |
| Debt / equity | 6.21 |
| Long-term debt ratio | 2.33 |
| Interest coverage | 8.05 |
| Gross margin | - |
| Net margin | - |
| ROA | 4.7% |
| ROE | 34.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.79M |
| Fixed assets | 21/28 | €913k |
| Intangible fixed assets | 21 | €19k |
| Tangible fixed assets | 22/27 | €894k |
| Current assets | 29/58 | €881k |
| Amounts receivable within one year | 40/41 | €344k |
| Investments | 50/53 | €375k |
| Cash & bank | 54/58 | €160k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.79M |
| Equity | 10/15 | €249k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €247k |
| Amounts payable | 17/49 | €1.55M |
| Amounts payable after one year | 17 | €580k |
| Amounts payable within one year | 42/48 | €965k |
| Trade debts payable within one year | 44 | €163k |
| Income statement | ||
| Gross operating margin | 9900 | €249k |
| Operating result | 9901 | €125k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €22k |
| Result before taxes | 9903 | €105k |
| Income taxes | 67/77 | €20k |
| Net result for the period | 9904 | €85k |
| Result to be appropriated | 9905 | €85k |
| NACE primary | Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen(68201) |
| Legal form | Private limited company(610) |
| Incorporation | 03-06-2021 |
| Status | Active |
| Postal code | 8800 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017A0331/00R000 | Flanders | 694 m² | 1 · 246 m² | 10.9 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | DEMCO PATRIA |