DEMEDTS MARINE
ActiveDEMEDTS MARINE has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €162k and a net result of €17k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-2
Solvency53▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.32 in 2024; short-term debt: 53.5% and cash: 7.2% of total assets), but 72.5% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
27.5%
Return on assets
3%
Age of the figures
9 mo
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
61 d late
2023
61 d late
2022
60 d late
2021
59 d late
2020
41 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€162k▲ 12.1%
2024 · €144k
2018: €76k
2019: €84k
2020: €86k
2021: €108k
2022: €120k
2023: €121k
2024: €144k
2018 → 2025
Total assets
€587k▲ 8.0%
2024 · €543k
2018: €395k
2019: €398k
2020: €412k
2021: €456k
2022: €485k
2023: €593k
2024: €543k
2018 → 2025
Net result
€17k▼ 26.3%
2024 · €24k
2018: €22k
2019: €8k
2020: €2k
2021: €22k
2022: €12k
2023: €538
2024: €24k
2018 → 2025
Working capital
€251k▲ 98.8%
2024 · €126k
2018: €80k
2019: €105k
2020: €88k
2021: €95k
2022: €80k
2023: €101k
2024: €126k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€120k▲ 11.0%€121k▲ 0.4%€144k▲ 19.7%€162k▲ 12.1%
Operating result€27k-€19k▼ 29.0%€7k▼ 62.4%€34k▲ 377%€26k▼ 23.7%
Net result€22k-€12k▼ 45.8%€538▼ 95.5%€24k▲ 4,314%€17k▼ 26.3%
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 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €587k
Fixed assets
€22k▲ 1.0%
Current assets
€565k▲ 8.3%
Equity and liabilities €587k
Equity
€162k▲ 12.1%
Debt
€425k▲ 6.6%
The debt ratio falls from 73.5% to 72.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▼
2024 · €44k
Cash flow
€28k▼
2024 · €33k
Solvency
27.5%▲
2024 · 26.5%
Current ratio
1.80▲
2024 · 1.32
Quick ratio
0.30▼
2024 · 0.39
Debt / equity
2.63▼
2024 · 2.77
ROE
10.8%▼
2024 · 16.5%
ROA
3.0%▼
2024 · 4.4%
Interest coverage
13.19▲
2024 · 11.84
Debt
€425k▲
2024 · €399k
Debt ≤ 1 year
€314k▼
2024 · €395k
Debt > 1 year
€111k▲
2024 · €4k
Income taxes
€7k▼
2024 · €9k
Staff costs
€38k▼
2024 · €38k
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€543k€587k▲
Fixed assets21/28€22k€22k▲
Intangible fixed assets21€1k€0▼
Tangible fixed assets22/27€21k€22k▲
Land and buildings22€231€2k▲
Plant, machinery and equipment23€13k€9k▼
Furniture and vehicles24€8k€12k▲
Financial fixed assets28€25€25=
Current assets29/58€521k€565k▲
Stocks and contracts in progress3€368k€470k▲
Stocks30/36€368k€470k▲
Contracts in progress37€0-
Amounts receivable within one year40/41€52k€50k▼
Trade receivables40€52k€50k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€98k€42k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€543k€587k▲
Equity10/15€144k€162k▲
Contributions10/11€31k€31k=
Reserves13€77k€77k=
Tax-exempt reserves132€25k€25k=
Distributable reserves133€52k€52k=
Profit (loss) carried forward14€36k€54k▲
Amounts payable17/49€399k€425k▲
Amounts payable after more than one year17€4k€111k▲
Financial debts170/4€4k€111k▲
Amounts payable within one year42/48€395k€314k▼
Current portion of amounts payable after more than one year42€8k€6k▼
Financial debts43€25k€26k▲
Credit institutions430/8€25k€26k▲
Trade debts44€159k€179k▲
Suppliers440/4€159k€179k▲
Advances received on contracts in progress46€22k€17k▼
Taxes, remuneration and social security45€57k€58k▲
Taxes450/3€48k€44k▼
Remuneration and social security454/9€9k€13k▲
Other amounts payable47/48€124k€28k▼
Accrued charges and deferred income492/3€357€389▲
Income statement
Code20242025
Remuneration, social security and pensions62€38k€38k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€84k€77k▼
Operating profit (loss)9901€34k€26k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€33k€25k▼
Income taxes67/77€9k€7k▼
Profit (loss) for the period9904€24k€17k▼
Profit (loss) for the period to be appropriated9905€24k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€54k▲
Profit (loss) brought forward from the previous period14P€12k€36k▲
The notes to these accounts (19 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
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €162k ▲12.1%
8 profitable years in a row build equity to €162k.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €24k ▲4314%
Operating result €34k, net result €24k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €538 ▼95.5%
Net result drops to €538, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
31-12
Financial
Equity above €100kEq €108k ▲25.3%
4 profitable years in a row build equity to €108k.
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 41 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Waregem · 1 establishment unit since 1996
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.
Emiel Clausstraat 598793 WaregemGround area
7,295 m²
Building footprint
3,191 m²
Volume, LiDAR
17,191 m³
Parcel 34035A0051/00Z000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEMEDTS MARINE BVBA
since 19962.077.449.988
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34035A0051/00Z000 | Flanders | 7,294 m² | 1 · 3,191 m² | 6.8 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.
Similar companies · same sector, comparable size
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STEVE MERLEVEDE CONSULT
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LAKI'S
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GRITEC
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Lynk & Co Sales Belgium
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Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 1,396 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-04-1996
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
46496Wholesale trade
51180
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.