Demesmacre
ActiveDemesmacre has been active since 1963 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.16M and a net result of €5k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 11257 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-5
Solvency90▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days only on tighter terms
Liquidity ample (current ratio 1.7 against 2.15 in 2024; short-term debt: 17.5% and cash: 3.1% of total assets), and 34.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
65.2%
Return on assets
0.3%
Age of the figures
16 mo
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 →
raises risk · Filed more than 90 days late
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 02-04-2026, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
92 d late
2024
50 d late
2023
30 d late
2022
9 d early
2021
31 d early
2020
45 d early
2019
179 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
€1.16M▲ 0.4%
2024 · €1.15M
2019: €802k
2020: €830k
2021: €1.08M
2022: €1.09M
2023: €1.07M
2024: €1.15M
2019 → 2025
Total assets
€1.77M▼ 3.1%
2024 · €1.83M
2019: €1.62M
2020: €1.63M
2021: €2.02M
2022: €1.93M
2023: €1.99M
2024: €1.83M
2019 → 2025
Net result
€5k▼ 94.1%
2024 · €79k
2019: €60k
2020: €28k
2021: €150k
2022: €10k
2023: €-15k
2024: €79k
2019 → 2025
Working capital
€218k▼ 24.5%
2024 · €289k
2019: €118k
2020: €185k
2021: €263k
2022: €266k
2023: €196k
2024: €289k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.08M-€1.09M▲ 0.9%€1.07M▼ 1.4%€1.15M▲ 7.3%€1.16M▲ 0.4%
Operating result€163k-€17k▼ 89.5%€-9k€92k€14k▼ 85.1%
Net result€150k-€10k▼ 93.6%€-15k€79k€5k▼ 94.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 85% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.77M
Fixed assets
€1.25M▼ 3.3%
Current assets
€528k▼ 2.5%
Equity and liabilities €1.77M
Equity
€1.16M▲ 0.4%
Debt
€617k▼ 8.9%
The debt ratio falls from 37.0% to 34.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€88k▼
2024 · €167k
Cash flow
€79k▼
2024 · €153k
Solvency
65.2%▲
2024 · 63.0%
Current ratio
1.70▼
2024 · 2.15
Quick ratio
1.25▲
2024 · 1.17
Debt / equity
0.53▼
2024 · 0.59
ROE
0.4%▼
2024 · 6.8%
ROA
0.3%▼
2024 · 4.3%
Interest coverage
7.21▼
2024 · 11.70
Debt
€617k▼
2024 · €677k
Debt ≤ 1 year
€310k▲
2024 · €252k
Debt > 1 year
€307k▼
2024 · €425k
Income taxes
€3k▼
2024 · €5k
Staff costs
€235k▼
2024 · €240k
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€1.83M€1.77M▼
Fixed assets21/28€1.29M€1.25M▼
Tangible fixed assets22/27€1.22M€1.18M▼
Land and buildings22€1.16M€1.12M▼
Plant, machinery and equipment23€45k€27k▼
Furniture and vehicles24€14k€32k▲
Financial fixed assets28€66k€66k=
Current assets29/58€542k€528k▼
Stocks and contracts in progress3€246k€142k▼
Stocks30/36€246k€142k▼
Amounts receivable within one year40/41€246k€332k▲
Trade receivables40€155k€230k▲
Other amounts receivable41€91k€101k▲
Cash at bank and in hand54/58€49k€54k▲
Equity and liabilities
Total equity and liabilities10/49€1.83M€1.77M▼
Equity10/15€1.15M€1.16M▲
Contributions10/11€131k€131k=
Reserves13€1.02M€1.03M▲
Tax-exempt reserves132€60k€60k=
Distributable reserves133€962k€966k▲
Amounts payable17/49€677k€617k▼
Amounts payable after more than one year17€425k€307k▼
Financial debts170/4€425k€307k▼
Amounts payable within one year42/48€252k€310k▲
Current portion of amounts payable after more than one year42€68k€56k▼
Trade debts44€83k€129k▲
Suppliers440/4€83k€129k▲
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45€23k€43k▲
Taxes450/3€12k€14k▲
Remuneration and social security454/9€11k€29k▲
Other amounts payable47/48€77k€76k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€240k€235k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€74k▼
Other operating charges640/8€16k€16k▼
Gross operating margin9900€422k€338k▼
Operating profit (loss)9901€92k€14k▼
Financial income75/76B€6k€6k▲
Recurring financial income75€6k€6k▲
Financial charges65/66B€14k€12k▼
Recurring financial charges65€14k€12k▼
Profit (loss) for the period before taxes9903€84k€8k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€79k€5k▼
Profit (loss) for the period to be appropriated9905€79k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€79k€5k▼
Transfer from equity791/2€0-
Transfer to equity691/2€79k€5k▼
To other reserves6921€79k€5k▼
Social balance
Average headcount (FTE)90873.6-
The notes to these accounts (9 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
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 92 days late
2025
19-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 50 days late
2024
31-05
Financial
Back to profitnet €79k
Net result €79k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-05
Financial
Weakest financial yearnet €-15k ▼259%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-05
Financial
Highest result since 2019net €150k ▲445%
Operating result €163k, net result €150k, both a record.
31-05
Financial
Equity above €1MEq €1.08M ▲30.1%
3 profitable years in a row build equity to €1.08M.
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
09-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Bierbeek · 2 establishment units since 1963
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.
Tiensesteenweg 2723360 BierbeekGround area
2,281 m²
Building footprint
994 m²
Volume, LiDAR
5,423 m³
2 parcels, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Expert
since 19632.039.021.063
Grando Keukens
since 20112.199.245.267
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24065A0219/00A002 | Flanders | 1,812 m² | 1 · 823 m² | 8.0 m · 2 fl. |
| 24065A0219/00X000 | Flanders | 469 m² | 1 · 172 m² | 8.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 977 companies in sector 46431 we hold annual accounts for 705. 456 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-1963
Fiscal year end31-05
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
52450
46480Wholesale trade
46500Wholesale of information and communication equipment
46660Wholesale trade
47551Retail sale of household furniture
47591Retail trade
51474
51850
52441
52720
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 48 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.
Contact details
6 entriesWebsite:www.demesmacre.be
E-mail:info@demesmacre.be
Phone:016/22.52.16
Website:www.expert-demesmacre.be
Website:www.grando.be
Phone:02/253.33.36