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Demer Upkot

Active
Private limited companyfounded 2019active for 7 yearsAmelia Earhartlaan 2, 9051 Gent, Belgium72 active companies are registered at this addressKBO/BCE: BE 0729.927.374
Summary

Demer Upkot has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.0m and a net result of -€215,939. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
“Het bouwen,verbouwen,beheren,kopen,verkopen,ruilen,huren,verhuren,inrichten,uitbaten en exploiteren van en investeren in onroerende zakelijke rechten en goederen zoals,maar…” (deed in Dutch)
From the articles, 4 activitiesNo NACE code in the KBO yet1 site
Size
€12.1mtotal assets 2025
Equity
€12.0m
Loss
-€215,939
Turnover not published (abbreviated format)
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Kolmont Holding BV
Board
8 members
  • UPGRADE ESTATEChair · permanent representative VAN DAMME Nele
  • Growing-UPManaging director · permanent representative BELSACK Koenraad Renatus Agnes Marie
Accounts 32 days early5 of 11 deeds read
Why 88raises riskLiquidity: current ratio 8.64, cash €30,875, halvedFounded in 2019lowers riskSize: total assets €12.1mEquity €12.0m (99.6% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (no NACE code, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 99.6% of total assets
Liquidity 50-3
short-term debt 0.4% · cash 0.3%
Profitability 67+1
return on assets -1.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 7.2% 12-2024: 7.9%▲ +0.7 percentage points vs 11-2024 01-2025: 9.8%▲ +1.9 percentage points vs 12-2024highest value 02-2025: 9.7%▼ -0.1 percentage points vs 01-2025 03-2025: 1.5%▼ -8.2 percentage points vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.4%▼ -0.1 percentage points vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.2%▼ -0.2 percentage points vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 0.2%▼ -1.0 percentage point vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.3%▲ +0.1 percentage points vs 01-2026 03-2026: 0.5%▲ +0.2 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.2%▼ -0.3 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €1,050,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.64, compared with 43.24 in 2024, above the usual 1.5; short-term debt: 0.4% and cash: 0.3% of total assets), and 0.4% 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 (no NACE code, medium-sized): better than 74% on solvency, 53% on liquidity, 83% on profitability and 22% on growth.

The bankruptcy probability was computed on 22-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €12.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 8.64, cash €30,875, halved
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €12.0m (99.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 27-02-2026, 32 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
32 days early
2024
41 days early
2022
13 days early
2021
12 days early
2020
23 days early
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 24 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
31-08-2026 year end23-10-2026 today31-03-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Amendment of the articlesGeneral meeting
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Appointment: Matthias Bedert (class A director)Permanent representative: Belsack Koenraad

Key points

  • Risk: 6 loss-making years in a rowloss financial year 2025 -€215,939 View
  • Controlled by Kolmont Holding BVultimately: Kolmont Invest BV parent View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Financial year
2025
Total assets
€12.1m
Loss
-€215,939
Solvency
99.6%
Total assets▼ 3.7%
Net result
20192025
Go to Financials

Board & ownership

Board
8 members
Parent
Kolmont Holding BV
  • UPGRADE ESTATEChair
  • Koenraad BelsackDirector
  • Nele Van DammeDirector
  • 421 ConceptsDirector
  • Growing-UPManaging director

and 3 other directors

Go to Board & ownership

Timeline

Events
14
Since
2020
Next accounts
by 31-03-2027
  1. 18-02-2025Annual accounts filed
  2. 31-08-2024Weakest financial year
  3. 31-08-2024Liquidity more than 2024 times
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
09-07-2019
Year ends
31-08
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
13
Annual meeting
Second Saturday of February at 18:00
Purpose
“Het bouwen,verbouwen,beheren,kopen,verkopen,ruilen,huren,verhuren,inrichten,uitbaten en…” (deed in Dutch)
Go to Articles of association

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