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Demdev

Active
Private limited companyfounded 2009active for 17 yearsAartrijksesteenweg 167, 8490 Jabbeke, BelgiumKBO/BCE: BE 0810.110.742
Summary

Demdev has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €162,992 and a net result of €33,504. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 65% of 16,853 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
≈ €770,000turnover 2025, estimated
Staff
31.3 FTE
Equity
€162,992
Profit
€33,504
Turnover estimated from the gross margin
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 30 days early1 of 2 deeds summarised
Why 88raises riskSector: Food and beverage service activities (NACE 56)lowers riskFounded in 2009Liquidity: current ratio 1.58, cash €56,155Equity €162,992 (47.7% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency 73+2
equity 47.7% of total assets
Liquidity 48+1
short-term debt 45.8% · cash 16.4%
Profitability 81+5
return on assets 9.8%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,766 companies, NACE 56, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.6%▼ -0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.3 percentage points vs 06-2025 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -1.0 percentage point 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 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.3%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.58, compared with 1.39 in 2024, above the usual 1.5; short-term debt: 45.8% and cash: 16.4% of total assets), but 52.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 66% on solvency, 44% on liquidity, 67% on profitability and 70% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.58, cash €56,155
NBB · annual accounts
lowers risk · Equity €162,992 (47.7% of total assets)
NBB · annual accounts
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
19 days late
2023
6 days late
2022
24 days late
2021
16 days late
2020
30 days late
2019
34 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days after the deadline; the sector median (NACE 56) for financial year 2024 is 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 16 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Equity above €150,000equity €162,992 ▲25.9%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Turnover
≈ €770,000
Estimated: probably between €660,000 and €900,000
Total assets
€341,914▲ 22.0%
2024 · €280,243
Net result
€33,504▲ 113%
2024 · €15,728
Working capital
€91,035▲ 107%
2024 · €43,988
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 103% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€55,770 2025 Net result€33,504 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€14,175-€1,879€3,266▲ 73.8%€78,196▲ 24×€12,825▼ 83.6%€33,157▲ 159%€27,528▼ 17.0%€55,770▲ 103%
Net result-€15,228-€793€1,008within the sector's middle half▲ 27.0%€68,484above the sector's middle half▲ 68×€10,777within the sector's middle half▼ 84.3%€16,629within the sector's middle half▲ 54.3%€15,728within the sector's middle half▼ 5.4%€33,504above the sector's middle half▲ 113%
Equity-€28,926--€28,133▲ 2.7%€12,875within the sector's middle half€100,096above the sector's middle half▲ 677%€97,131above the sector's middle half▼ 3.0%€113,760above the sector's middle half▲ 17.1%€129,488above the sector's middle half▲ 13.8%€162,992above the sector's middle half▲ 25.9%
Total assets€68,891-€77,645▲ 12.7%€88,321within the sector's middle half▲ 13.7%€181,750within the sector's middle half▲ 106%€277,584above the sector's middle half▲ 52.7%€269,268above the sector's middle half▼ 3.0%€280,243above the sector's middle half▲ 4.1%€341,914above the sector's middle half▲ 22.0%
Debt€97,817-€105,778▲ 8.1%€75,446▼ 28.7%€81,654▲ 8.2%€180,452▲ 121%€155,508▼ 13.8%€150,755▼ 3.1%€178,922▲ 18.7%
Working capital€4,586-€10,602▲ 131%-€2,232within the sector's middle half€67,394above the sector's middle half€136within the sector's middle half▼ 99.8%€35,868within the sector's middle half▲ 264×€43,988above the sector's middle half▲ 22.6%€91,035above the sector's middle half▲ 107%
Solvency-42.0%--36.2%▲ 5.8pp14.6%within the sector's middle half▲ 50.8pp55.1%within the sector's middle half▲ 40.5pp35.0%within the sector's middle half▼ 20.1pp42.2%within the sector's middle half▲ 7.3pp46.2%within the sector's middle half▲ 4.0pp47.7%within the sector's middle half▲ 1.5pp
Current ratio1.10-1.19▲ 0.100.96within the sector's middle half▼ 0.241.93within the sector's middle half▲ 0.981.00within the sector's middle half▼ 0.931.40within the sector's middle half▲ 0.401.39within the sector's middle half▼ 0.011.58within the sector's middle half▲ 0.19
Return on assets (ROA)-22.1%-1.0%▲ 23.1pp1.1%within the sector's middle half▲ 0.1pp37.7%above the sector's middle half▲ 36.5pp3.9%within the sector's middle half▼ 33.8pp6.2%within the sector's middle half▲ 2.3pp5.6%within the sector's middle half▼ 0.6pp9.8%within the sector's middle half▲ 4.2pp
Staff (FTE)3-3.5▲ 16.7%11.2above the sector's middle half▲ 220%11.8▲ 5.4%21.517.7▼ 17.7%31.3▲ 76.8%
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €341,914
Fixed assets €94,292 ▼ 23.1%
Current assets €247,622 ▲ 57.1%
Equity and liabilities €341,914
Equity €162,992 ▲ 25.9%
Debt €178,922 ▲ 18.7%
Debt's share of the balance-sheet total falls from 53.8% to 52.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€92,258▲
2024 · €62,412
Cash flow
€69,992▲
2024 · €50,612
Quick ratio
1.44▲
2024 · 1.09
Debt to equity
1.10▼
2024 · 1.16
ROE
20.6%▲
2024 · 12.1%
Interest coverage
15.19▲
2024 · 12.04
Debt ≤ 1 year
€156,587▲
2024 · €113,673
Debt > 1 year
€19,163▼
2024 · €36,515
Income taxes
€18,923▲
2024 · €9,193
Staff costs
€221,154▲
2024 · €211,427
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
96.5% still going

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€280,243€341,914▲
Fixed assets21/28€122,582€94,292▼
Tangible fixed assets22/27€122,582€94,292▼
Plant, machinery and equipment23€43,479€30,570▼
Furniture and vehicles24€32,532€21,117▼
Other tangible fixed assets26€46,572€42,605▼
Current assets29/58€157,661€247,622▲
Amounts receivable after more than one year29€40,000€40,000=
Other amounts receivable291€40,000€40,000=
Stocks and contracts in progress3€33,721€22,506▼
Stocks30/36€33,721€22,506▼
Amounts receivable within one year40/41€44,269€127,927▲
Trade receivables40€662€61,359▲
Other amounts receivable41€43,606€66,568▲
Cash at bank and in hand54/58€35,574€56,155▲
Deferred charges and accrued income490/1€4,097€1,034▼
Equity and liabilities
Total equity and liabilities10/49€280,243€341,914▲
Equity10/15€129,488€162,992▲
Contributions10/11€18,600€18,600=
Reserves13€139,735€173,239▲
Distributable reserves133€139,735€173,239▲
Profit (loss) carried forward14-€28,847-€28,847=
Amounts payable17/49€150,755€178,922▲
Amounts payable after more than one year17€36,515€19,163▼
Financial debts170/4€36,515€19,163▼
Amounts payable within one year42/48€113,673€156,587▲
Current portion of amounts payable after more than one year42€25,666€28,285▲
Financial debts43€13,458€0▼
Credit institutions430/8€13,458€0▼
Trade debts44€35,585€88,660▲
Suppliers440/4€35,585€88,660▲
Advances received on contracts in progress46€9,976€834▼
Taxes, remuneration and social security45€28,987€38,808▲
Taxes450/3€9,096€21,579▲
Remuneration and social security454/9€19,891€17,229▼
Accrued charges and deferred income492/3€567€3,172▲
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€211,427€221,154▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,884€36,488▲
Other operating charges640/8€1,826€5,227▲
Gross operating margin9900€275,665€318,639▲
Operating profit (loss)9901€27,528€55,770▲
Financial income75/76B€2,577€2,730▲
Recurring financial income75€2,577€2,730▲
Financial charges65/66B€5,184€6,073▲
Recurring financial charges65€5,184€6,073▲
Profit (loss) for the period before taxes9903€24,921€52,427▲
Income taxes67/77€9,193€18,923▲
Profit (loss) for the period9904€15,728€33,504▲
Profit (loss) for the period to be appropriated9905€15,728€33,504▲
Appropriation of the result
Profit (loss) to be appropriated9906-€13,119€4,656▲
Profit (loss) brought forward from the previous period14P-€28,847-€28,847=
Transfer to equity691/2€15,728€33,504▲
To other reserves6921€15,728€33,504▲

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-----€2,200€0--
Remuneration, social security and pensions62---€113,261€210,315€195,606€211,427€221,154▲ 4.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,372€10,009€8,429€9,656€21,805€34,502€34,884€36,488▲ 4.6%
Other operating charges640/8---€4,446€4,542€4,685€1,826€5,227▲ 186%
Gross operating margin9900€130,735€149,218€85,481€205,559€249,487€267,951€275,665€318,639▲ 15.6%
Operating profit (loss)9901-€14,175€1,879€3,266€78,196€12,825€33,157€27,528€55,770▲ 103%
Financial income75/76B---€90€2,914€1,660€2,577€2,730▲ 5.9%
Recurring financial income75€2,131€1,700€38€90€2,914€1,660€2,577€2,730▲ 5.9%
Financial charges65/66B---€2,632€3,635€5,193€5,184€6,073▲ 17.1%
Recurring financial charges65€2,928€2,535€2,060€2,632€3,635€5,193€5,184€6,073▲ 17.1%
Profit (loss) for the period before taxes9903-€14,972€1,044€1,244€75,655€12,104€29,624€24,921€52,427▲ 110%
Income taxes67/77€256€251€236€7,171€1,327€12,995€9,193€18,923▲ 106%
Profit (loss) for the period9904-€15,228€793€1,008€68,484€10,777€16,629€15,728€33,504▲ 113%
Profit (loss) for the period to be appropriated9905-€15,228€793€1,008€68,484€10,777€16,629€15,728€33,504▲ 113%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€68,891€77,645€88,321€181,750€277,584€269,268€280,243€341,914▲ 22.0%
Formation expenses20€23€0-------
Fixed assets21/28€17,067€11,867€39,371€42,190€164,739€142,905€122,582€94,292▼ 23.1%
Intangible fixed assets21€500€0-------
Tangible fixed assets22/27€16,267€11,867€39,371€42,190€164,739€142,905€122,582€94,292▼ 23.1%
Plant, machinery and equipment23---€20,343€48,758€44,208€43,479€30,570▼ 29.7%
Furniture and vehicles24---€1,561€58,095€45,139€32,532€21,117▼ 35.1%
Other tangible fixed assets26---€20,286€57,887€53,558€46,572€42,605▼ 8.5%
Financial fixed assets28€300€0-------
Current assets29/58€51,801€65,779€48,950€139,560€112,844€126,363€157,661€247,622▲ 57.1%
Amounts receivable after more than one year29----€40,000€40,000€40,000€40,000=
Other amounts receivable291----€40,000€40,000€40,000€40,000=
Stocks and contracts in progress3€27,310€26,546€18,565€21,618€25,943€27,549€33,721€22,506▼ 33.3%
Stocks30/36---€21,618€25,943€27,549€33,721€22,506▼ 33.3%
Amounts receivable within one year40/41€2,220€4,123€13,067€56,194€16,522€36,932€44,269€127,927▲ 189%
Trade receivables40---€4,127€0€5,804€662€61,359▲ 93×
Other amounts receivable41---€52,067€16,522€31,128€43,606€66,568▲ 52.7%
Current investments50/53€0--------
Cash at bank and in hand54/58€22,271€35,110€16,044€60,592€26,107€17,846€35,574€56,155▲ 57.9%
Deferred charges and accrued income490/1---€1,157€4,272€4,036€4,097€1,034▼ 74.8%
Equity and liabilities
Total equity and liabilities10/49€68,891€77,645€88,321€181,750€277,584€269,268€280,243€341,914▲ 22.0%
Equity10/15-€28,926-€28,133€12,875€100,096€97,131€113,760€129,488€162,992▲ 25.9%
Contributions10/11€18,600€18,600-€58,600€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€70,344€107,379€124,008€139,735€173,239▲ 24.0%
Non-distributable reserves130/1---€1,860€1,860€0---
Reserves not available under the articles1311---€1,860€1,860€0---
Distributable reserves133---€68,484€105,519€124,008€139,735€173,239▲ 24.0%
Profit (loss) carried forward14-€49,386-€48,593-€47,585-€28,847-€28,847-€28,847-€28,847-€28,847=
Provisions and deferred taxes16€0--------
Amounts payable17/49€97,817€105,778€75,446€81,654€180,452€155,508€150,755€178,922▲ 18.7%
Amounts payable after more than one year17€50,601€50,601€24,264€9,487€67,744€62,181€36,515€19,163▼ 47.5%
Financial debts170/4---€9,487€67,744€62,181€36,515€19,163▼ 47.5%
Amounts payable within one year42/48€47,215€55,176€51,182€72,167€112,708€90,495€113,673€156,587▲ 37.8%
Current portion of amounts payable after more than one year42---€4,175€18,569€25,072€25,666€28,285▲ 10.2%
Financial debts43------€13,458€0▼ 100%
Credit institutions430/8------€13,458€0▼ 100%
Trade debts44€21,582€36,739€9,090€22,477€29,580€27,507€35,585€88,660▲ 149%
Suppliers440/4---€22,477€29,580€27,507€35,585€88,660▲ 149%
Advances received on contracts in progress46---€12,597€17,508€18,832€9,976€834▼ 91.6%
Taxes, remuneration and social security45---€31,969€47,051€19,085€28,987€38,808▲ 33.9%
Taxes450/3---€16,103€34,750€10,215€9,096€21,579▲ 137%
Remuneration and social security454/9---€15,866€12,301€8,870€19,891€17,229▼ 13.4%
Other amounts payable47/48---€948€0----
Accrued charges and deferred income492/3-----€2,832€567€3,172▲ 460%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€15,228€793€1,008€68,484€10,777€16,629€15,728€33,504▲ 113%
+ Depreciation and write-downs630€23,372€10,009€8,429€9,656€21,805€34,502€34,884€36,488▲ 4.6%
Operating cash flow (approximation)€8,145€10,802€9,437€78,140€32,582€51,131€50,612€69,992▲ 38.3%
Investment in fixed assets (approximation)--€4,808-€35,933-€12,475-€144,355-€12,668-€14,561-€8,199▲ 43.7%
Change in cash-€12,838-€19,065€44,548-€34,485-€8,261€17,728€20,581▲ 16.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 01-07-2026 2026-00250663
31-12-2024 micro format 19-08-2025 2025-00389582
31-12-2023 micro format 06-08-2024 2024-00333285
31-12-2022 micro format 24-08-2023 2023-00362499
31-12-2021 micro format 16-08-2022 2022-20292575
31-12-2020 micro format 30-08-2021 2021-61700018
31-12-2019 micro format 03-09-2020 2020-50900233
31-12-2018 abbreviated format 30-08-2019 2019-57900354
31-12-2017 abbreviated format 16-07-2018 2018-34100044
31-12-2016 abbreviated format 24-07-2017 2017-35400509

Show all 16 filings

Similar companies · same sector, comparable size

Of the 20,107 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,742. 9,045 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, last change in 2023
Annelies De Vos
Director (not named in the articles)
Current
Stefan Demeulemeester
Director (not named in the articles)
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2023, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Annelies De Vos
  • Manager (not named in the articles), until 27-12-2023
  • Director (not named in the articles), since before 27-12-2023
Stefan Demeulemeester
  • Manager (not named in the articles), until 27-12-2023
  • Director (not named in the articles), since before 27-12-2023
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 27-12-2023 Converted to unavailable equity

Group and network

Connections & network

2 current directors
Depth

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History

On 27 February 2009, Demdev was incorporated.1 Total assets went from €68,891 in 2018 to €341,914 in 2025 and headcount from 3 to 31.3 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Equity above €150,000equity €162,992 ▲25.9%
7 profitable years in a row build equity to €162,992.
19-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 19 days late
2024
06-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 6 days late
2023
31-12
Financial Equity above €100,000equity €113,760 ▲17.1%
5 profitable years in a row build equity to €113,760.
27-12
Gazette deed Resignations: Stefan Demeulemeester (manager) and Annelies De Vos (manager)
Reappointments: Stefan Demeulemeester (director) and Annelies De Vos (director) · Capital · Registered office clause15 facts ▸
  • Other provision, “terbeschikkingstelling activiteitsattesten, geen belemmering voor latere persoonlijke activiteit van houder(s) van attesten” (deed in Dutch)
  • Capital
  • Director resignation, Stefan Demeulemeester (manager (not named in the articles))
  • Director resignation, Annelies De Vos (manager (not named in the articles))
  • Director reappointment, Stefan Demeulemeester (director (not named in the articles))
  • Director reappointment, Annelies De Vos (director (not named in the articles))
  • Other provision, “kwijting ontslagnemende zaakvoerders (thans bestuurders genoemd), uitoefening van hun mandaat” (deed in Dutch)
  • Registered office clause, “Jabbeke, Aartrijksesteenweg 167” (deed in Dutch)
  • Power of attorney
  • Power of attorney, Frederik VANDEN DRIESSCHE
  • General meeting, 15-12-2023
  • Amendment of the articles (2 times)
  • +3 further facts in this act
24-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 24 days late
2022
16-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 16 days late
2021
31-12
Financial Highest result from 2018 to 2025net €68,484 ▲6,695%
Operating result €78,196, net result €68,484, both a record.
31-12
Financial Liquidity doublescurrent ratio 1.93
Current ratio from 0.96 to 1.93.
31-12
Financial Equity above €100,000equity €100,096 ▲677%
3 profitable years in a row build equity to €100,096.
30-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 30 days late
Show earlier events
2020
03-09
NBB filing Annual accounts filed
financial year 2019 · micro format · 34 days late
2019
31-12
Financial Back to profitnet €793
Net result €793 after one loss-making year.
30-08
NBB filing Annual accounts filed
financial year 2018 · abbreviated format · 30 days late
2018
16-07
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
24-07
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded27-02-2009
Financial year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0810110742
Also 9925:BE0810110742
Registered 24-11-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Jabbekeunit no. 2.176.777.493
1 permission
Authorisation · Eetgelegenheid · since 27-02-2009

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Jabbeke · 1 establishment unit since 2009
registered office establishment The establishment unit on the map
Ground area
3,149 m²
Building footprint
391 m²
Building volume
1,882 m³
Parcel 31031C0208/00L002, Flanders · tallest building 10.4 m. Linked by address, not a title deed.
1 establishment unit
Demdev
Aartrijksesteenweg 167, 8490 JabbekeFull-service restaurants
since 2009unit no. 2.176.777.493
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
31031C0208/00L002 Flanders 3,149 m² 1 · 391 m² 10.3 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het uitbaten, in de ruimste zin van het woord, van drank en/of eetgelegenheden, cafés, restaurants, pizzeria’s, buffetrestaurants…” (deed in Dutch)
31 activities (deed in Dutch)
  1. Het uitbaten, in de ruimste zin van het woord, van drank en/of eetgelegenheden, cafés, restaurants, pizzeria’s, buffetrestaurants, snackbars, frituren, fastfoodzaken, tavernen, tearooms, discotheken, dancings en elke andere activiteit die enigszins aanverwant is aan voorgaande opsomming;
  2. Het verzorgen van cateringdiensten, traiteurdiensten, het optreden als uitzendkok, het verzorgen van feesten, recepties, lunches, banketten;
  3. Het opmaken van alle bereide schotels, belegde broodjes en aanverwante hieronder begrepen, bestemd voor gebruik ter plaatse of elders;
  4. De exploitatie van hotels, motels en logementhuizen, met of zonder restaurant.
  5. In het algemeen wordt bedoeld het verschaffen van accommodaties voor tijdelijke verblijven;
  6. Niet -gespecialiseerde kleinhandel in diepvriesproducten en algemene voedingsmiddelen;
  7. Kleinhandel, groothandel en tussenhandel in alle soorten handelswaren en producten bestemd voor lopend gebruik en verbruik en dit in de meest ruime zin van het woord, daaronder begrepen, voedingswaren, gebruiks-en verbruikswaren, huishoudartikelen, elektrische en andere huishoudapparaten en werktuigen, alle textiel- en confectiewaren, lederwaren, speelgoed- en sportartikelen, boeken, kranten, tijdschriften en kantoorbehoeften;
  8. Kleinhandel, groothandel en tussenhandel in groenten en fruit, vlees en vleeswaren, vis, brood, banketbakkerswerk, zuivelproducten, eieren en spijsoliën, dranken, tabaksproducten, suiker chocolade en suikerwerk, koffie, thee, cacao en specerijen, vis–, schaal– en schelpdieren, aardappelproducten, voedsel voor huisdieren en alle overige voedingswaren;
  9. Verkoop van tabak, sigaretten, zichtkaarten, souvenirs;
  10. Biljart en caféspelen;
  11. Verhuur van vergaderruimte en zalen voor seminaries, feestelijkheden of tentoonstellingen;
  12. Verhuur en terbeschikkingstelling van kleine verkoopsruimten;
  13. Het verstrekken van opleiding, onderwijs, scholing en begeleiding op het vlak van horeca;
  14. Alle activiteiten van management en consultancy in de meest ruime zin van het woord.
  15. Alle werkzaamheden die rechtstreeks of onrechtstreeks verband houden met de studie en het advies in alle economische, financiële, technische, bedrijfsorganisatorische en sociale aangelegenheden;
  16. Alle activiteiten die verband houden met elektrotechnisch installateur;
  17. De installatie van elektrische bedrading en toebehoren, de installatie van hulpvoedingssystemen, de installatie van de bedrading van telefooninstallaties en computersystemen, de installatie van elektrische verwarmingsinstallaties;
  18. De groot- en kleinhandel, aan- en verkoop, in- en uitvoer en vertegenwoordiging van elektrisch en elektronisch materiaal;
  19. De uitwerking en de realisatie van projecten op het gebied van de elektriciteit en elektronica, domotica, veiligheid, klimaatbeheersing, koeltechniek, werking en voorkomen van pollutie;
  20. De groot- en kleinhandel, aan- en verkoop, in- en uitvoer, vertegenwoordiging en installatie van centrale verwarming, klimaatregeling en ventilatie, alarminstallaties, domotica, airconditioninginstallaties en allerlei luchtbehandelingsinstallaties;
  21. Tevens heeft de vennootschap tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden of bij deelneming alle onroerende en hiermee betrekking hebbende roerende verrichtingen te doen, namelijk het verwerven, oordeelkundig uitbreiden, ruilen, vervreemden, beheren, huren, verhuren, onderverhuren, laten bouwen en verbouwen, in optie geven of nemen, de promotie en het makelen, het in waarde brengen van alle eigendommen en gronden inclusief de onroerende leasing, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan.
  22. De vennootschap zal binnen het kader van dit voorwerp mogen overgaan tot het aankopen, opschikken, uitrusten, valoriseren en bouwen van onroerende goederen, al dan niet gemeubeld. In het voorgaande is begrepen alle verwervingen en overdrachten van zakelijke rechten op gebouwen.
  23. Zij mag eveneens handel drijven in alle mogelijke grondstoffen en materialen waaruit en waarmede gebouwen worden opgericht, samengesteld, uitgerust, afgewerkt of versierd.
  24. Zij kan tevens voorzien in de aanleg en onderhoud van tuinen, parken, vijvers en opritten in de meest brede zin van het woord, zowel zelf als via derden.
  25. Zij mag beschikbare middelen beleggen in roerende goederen en waarden.
  26. Zij mag optreden als inkoop- en verkoopkantoor voor alle goederen (vb groothandel, kleinhandel) en agentschappen, alles in de ruimste zin van het woord;
  27. Het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden van welke vorm ook, van Belgische of buitenlandse bestaande of nog op te richten vennootschappen;
  28. De vennootschap kan borg staan;
  29. De vennootschap kan eveneens optreden als bestuurder, volmachtdrager, mandataris of vereffenaar in andere vennootschappen of ondernemingen;
  30. De vennootschap kan in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele vergemakkelijken;
  31. De vennootschap kan een bestemming geven aan haar gereserveerde winsten van welke aard ook.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
DEMDEV
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bij enkel besluit van het bestuursorgaan, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in…” (deed in Dutch)

deed of 27-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“De bestuurders regelen onder mekaar de uitoefening van de bevoegdheid. Externe vertegenwoordiging: Iedere bestuurder afzonderlijk, ook…”
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)
“Vergoeding van de bestuurders, al dan niet ten kosteloze titel” (deed in Dutch)

deed of 27-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam met WVV-vermeldingen” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Share issue ruleHow and by whom new shares can be issued.
One provision in the deed

deed of 27-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
20 June at 19:00

deed of 27-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Vereffenaars, bestuurder(s) in functie krachtens statuten” (deed in Dutch)

deed of 27-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Stortingsplicht, bestuursorgaan” (deed in Dutch)
Other provision: “Dagelijks bestuur, alleen of gezamenlijk zoals bestuursorgaan bepaalt” (deed in Dutch)
Other provision: “Één of meerdere commissarissen, controle van de vennootschap” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering, besluiten bij authentieke akte” (deed in Dutch)
Other provision: “Door vennootschap ter beschikking gesteld elektronisch communicatiemiddel, elektronische algemene vergadering” (deed in Dutch)
Other provision: “Notulen elektronische algemene vergadering, technische problemen en incidenten vermelden” (deed in Dutch)
Other provision: “Zittingen-processen-verbaal, register bewaard op zetel” (deed in Dutch)
Other provision: “Beraadslagingen algemene vergadering, wettelijke en statutaire bepalingen aandelen zonder stemrecht” (deed in Dutch)
Other provision: “Bestuursorgaan, verdaging algemene vergadering” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden,lasten,kosten of consignatie nodige sommen, netto actief onder alle aandeelhouders naar verhouding aantal…” (deed in Dutch)
Other provision: “Woonstkeuze, in buitenland wonende aandeelhouder,bestuurder,commissaris,vereffenaar,obligatiehouder” (deed in Dutch)
Other provision: “Gerechtelijke bevoegdheid, rechtbank in wiens rechtsgebied zetel gevestigd” (deed in Dutch)
Other provision: “Gemeen recht, bepalingen WVV waarvan niet geldig afgeweken” (deed in Dutch)
2 more provisions in the deed, see the deed of 27-12-2023

deed of 27-12-2023