DEMET
ActiveDEMET has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €227k and a net result of €18k. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▲+2
Solvency85▼-5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days only on tighter terms
Liquidity ample (current ratio 2.64 against 3.02 in 2023; short-term debt: 33.8% and cash: 5.4% of total assets), and 40.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-12-2025, 141 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
not confirmed
2024
141 d late
2023
96 d late
2022
95 d late
2021
99 d late
2020
89 d late
2019
104 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€227k▲ 8.9%
2023 · €208k
2018: €78k
2019: €95k
2020: €138k
2021: €149k
2022: €197k
2023: €208k
2018 → 2024
Total assets
€380k▲ 18.2%
2023 · €321k
2018: €113k
2019: €109k
2020: €199k
2021: €243k
2022: €290k
2023: €321k
2018 → 2024
Net result
€18k▲ 62.8%
2023 · €11k
2018: €13k
2019: €17k
2020: €43k
2021: €12k
2022: €48k
2023: €11k
2018 → 2024
Working capital
€211k▲ 5.1%
2023 · €200k
2018: €82k
2019: €101k
2020: €138k
2021: €140k
2022: €188k
2023: €200k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€138k-€149k▲ 8.5%€197k▲ 31.8%€208k▲ 5.8%€227k▲ 8.9%
Operating result€62k-€18k▼ 70.8%€68k▲ 277%€18k▼ 73.3%€30k▲ 63.1%
Net result€43k-€12k▼ 72.6%€48k▲ 306%€11k▼ 76.1%€18k▲ 62.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 63% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €380k
Fixed assets
€41k▲ 88.3%
Current assets
€339k▲ 13.1%
Equity and liabilities €380k
Equity
€227k▲ 8.9%
Debt
€153k▲ 35.3%
The debt ratio rises from 35.1% to 40.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€43k▲
2023 · €26k
Cash flow
€32k▲
2023 · €19k
Solvency
59.8%▼
2023 · 64.9%
Current ratio
2.64▼
2023 · 3.02
Quick ratio
2.64▼
2023 · 3.02
Debt / equity
0.67▲
2023 · 0.54
ROE
8.2%▲
2023 · 5.5%
ROA
4.9%▲
2023 · 3.5%
Interest coverage
46.54▲
2023 · 17.27
Debt
€153k▲
2023 · €113k
Debt ≤ 1 year
€128k▲
2023 · €99k
Debt > 1 year
€25k▲
2023 · €14k
Income taxes
€10k▲
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€321k€380k▲
Fixed assets21/28€22k€41k▲
Tangible fixed assets22/27€22k€41k▲
Furniture and vehicles24€22k€41k▲
Current assets29/58€300k€339k▲
Amounts receivable within one year40/41€250k€298k▲
Trade receivables40€23k€30k▲
Other amounts receivable41€227k€268k▲
Cash at bank and in hand54/58€36k€21k▼
Deferred charges and accrued income490/1€14k€21k▲
Equity and liabilities
Total equity and liabilities10/49€321k€380k▲
Equity10/15€208k€227k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€186k€205k▲
Amounts payable17/49€113k€153k▲
Amounts payable after more than one year17€14k€25k▲
Financial debts170/4€14k€25k▲
Amounts payable within one year42/48€99k€128k▲
Current portion of amounts payable after more than one year42€7k€14k▲
Trade debts44€67k€98k▲
Suppliers440/4€67k€98k▲
Taxes, remuneration and social security45€25k€16k▼
Taxes450/3€25k€16k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€13k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€29k€48k▲
Operating profit (loss)9901€18k€30k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€1k€917▼
Recurring financial charges65€1k€917▼
Profit (loss) for the period before taxes9903€17k€29k▲
Income taxes67/77€5k€10k▲
Profit (loss) for the period9904€11k€18k▲
Profit (loss) for the period to be appropriated9905€11k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€186k€205k▲
Profit (loss) brought forward from the previous period14P€175k€186k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 141 days late
2024
04-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 96 days late
2023
31-12
Financial
Weakest financial yearnet €11k ▼76.1%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €208k ▲5.8%
6 profitable years in a row build equity to €208k.
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 95 days late
2022
31-12
Financial
Highest result since 2018net €48k ▲306%
Operating result €68k, net result €48k, both a record.
31-12
Financial
Equity above €150kEq €197k ▲31.8%
5 profitable years in a row build equity to €197k.
07-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 99 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Equity above €100kEq €138k ▲44.9%
3 profitable years in a row build equity to €138k.
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 13.12
Current ratio from 3.64 to 13.12; short-term debt falls from €31k to €8k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Antwerpen · 1 establishment unit since 2006
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.
Kloosterstraat 22660 AntwerpenGround area
158 m²
Building footprint
115 m²
Volume, LiDAR
989 m³
Parcel 11383B0483/00F000, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DEMET
since 20062.153.464.435
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11383B0483/00F000 | Flanders | 158 m² | 1 · 115 m² | 10.2 m · 3 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
KURT LANNOO
BE 0480.044.189
Maarkedal · Eq €227k
KVG KARWEIWERKEN
BE 0831.708.781
Malle · Eq €227k
CRS
BE 0563.936.620
Anderlecht · Eq €227k
B' eau Pools
BE 0836.412.489
Hamme (Vl.) · Eq €227k
JDJ
BE 0873.160.247
Stabroek · Eq €226k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,703 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-2006
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45250
74700
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.