DEMETER
ActiveDEMETER has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €426k and a net result of €58k. Equity is growing by ~37.6% per year across the filed fiscal years. Its solvency ranks better than 63% of 1720 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-4
Solvency95▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.87 in 2024), and 46.4% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
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
53.6%
Return on assets
7.3%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
2 d early
2022
49 d early
2021
3 d early
2020
47 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€426k▲ 15.7%
2024 · €368k
2019: €-65k
2020: €-95k
2021: €170k
2022: €218k
2023: €315k
2024: €368k
2019 → 2025
Total assets
€794k▲ 9.2%
2024 · €727k
2019: €553k
2020: €620k
2021: €607k
2022: €619k
2023: €684k
2024: €727k
2019 → 2025
Net result
€58k▲ 9.1%
2024 · €53k
2019: €-96k
2020: €-29k
2021: €15k
2022: €47k
2023: €97k
2024: €53k
2019 → 2025
Working capital
€274k▲ 19.5%
2024 · €230k
2019: €55k
2020: €-14k
2021: €53k
2022: €102k
2023: €194k
2024: €230k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€170k-€218k▲ 27.8%€315k▲ 44.7%€368k▲ 16.7%€426k▲ 15.7%
Operating result€21k-€54k▲ 156%€104k▲ 93.5%€57k▼ 44.8%€66k▲ 14.5%
Net result€15k-€47k▲ 216%€97k▲ 106%€53k▼ 45.8%€58k▲ 9.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €794k
Fixed assets
€226k▼ 3.1%
Current assets
€567k▲ 15.0%
Equity and liabilities €794k
Equity
€426k▲ 15.7%
Debt
€368k▲ 2.6%
The debt ratio falls from 49.4% to 46.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€100k▲
2024 · €85k
Cash flow
€92k▲
2024 · €81k
Solvency
53.6%▲
2024 · 50.6%
Current ratio
1.94▲
2024 · 1.87
Quick ratio
1.04▲
2024 · 0.82
Debt / equity
0.86▼
2024 · 0.98
ROE
13.5%▼
2024 · 14.3%
ROA
7.3%▼
2024 · 7.3%
Interest coverage
11.77▼
2024 · 16.56
Debt
€368k▲
2024 · €359k
Debt ≤ 1 year
€293k▲
2024 · €263k
Debt > 1 year
€75k▼
2024 · €95k
Income taxes
€127▲
2024 · €28
Staff costs
€108k▲
2024 · €101k
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€727k€794k▲
Fixed assets21/28€234k€226k▼
Tangible fixed assets22/27€221k€216k▼
Land and buildings22€134k€125k▼
Plant, machinery and equipment23€87k€66k▼
Furniture and vehicles24-€25k
Financial fixed assets28€12k€10k▼
Current assets29/58€493k€567k▲
Stocks and contracts in progress3€277k€261k▼
Stocks30/36€277k€261k▼
Amounts receivable within one year40/41€78k€48k▼
Trade receivables40€51k€24k▼
Other amounts receivable41€28k€24k▼
Cash at bank and in hand54/58€133k€250k▲
Deferred charges and accrued income490/1€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€727k€794k▲
Equity10/15€368k€426k▲
Contributions10/11€642k€642k=
Reserves13€22k€22k=
Tax-exempt reserves132€10k€10k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€-296k€-239k▲
Amounts payable17/49€359k€368k▲
Amounts payable after more than one year17€95k€75k▼
Financial debts170/4€95k€75k▼
Amounts payable within one year42/48€263k€293k▲
Current portion of amounts payable after more than one year42€20k€20k=
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€20k€35k▲
Suppliers440/4€20k€35k▲
Taxes, remuneration and social security45€7k€14k▲
Taxes450/3€2k€12k▲
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€167k€174k▲
Accrued charges and deferred income492/3€167€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€101k€108k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€35k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€189k€212k▲
Operating profit (loss)9901€57k€66k▲
Financial income75/76B€630€600▼
Recurring financial income75€630€600▼
Financial charges65/66B€5k€9k▲
Recurring financial charges65€5k€9k▲
Profit (loss) for the period before taxes9903€53k€58k▲
Income taxes67/77€28€127▲
Profit (loss) for the period9904€53k€58k▲
Profit (loss) for the period to be appropriated9905€53k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-296k€-239k▲
Profit (loss) brought forward from the previous period14P€-349k€-296k▲
Social balance
Average headcount (FTE)90871.31.6▲
The notes to these accounts (25 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Highest result since 2019net €97k ▲106%
Operating result €104k, net result €97k, both a record.
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Equity above €200kEq €218k ▲27.8%
2 profitable years in a row build equity to €218k.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
30-06
Financial
Equity above €150kEq €170k
Equity rises from €-95k to €170k.
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2025
This board is reconstructed from a single act (25065055). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Brecht Porreye
CurrentDirector · since 01-04-2025
Dieter Porreye
CurrentDirector · since 01-04-2025
Dries Porreye
CurrentDirector · since 01-04-2025
Hendrik Porreye
CurrentDirector · since 01-04-2025
Marie Porreye
CurrentDirector · since 01-04-2025
01-04-2025
Brecht Porreye: Appointed as Director
01-04-2025
Dieter Porreye: Appointed as Director
01-04-2025
Dries Porreye: Appointed as Director
01-04-2025
Hendrik Porreye: Appointed as Director
01-04-2025
Marie Porreye: Appointed as Director
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2003
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.
Naamsesteenweg 4393800 Sint-TruidenGround area
1.0 ha
Building footprint
1,380 m²
Volume, LiDAR
11,352 m³
2 parcels, Flanders · tallest building 20.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Demeter
since 20032.134.497.173
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71027A0060/00C000 | Flanders | 9,435 m² | 1 · 1,188 m² | 20.4 m · 3 fl. |
| 71353E1190/00H003 | Flanders | 1,033 m² | 1 · 192 m² | 7.2 m · 2 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 46,828 EUR awarded · 46,828 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 12,611 EUR | 12,611 EUR |
| 2024 | 2 | 8,721 EUR | 8,721 EUR |
| 2023 | 2 | 10,440 EUR | 10,440 EUR |
| 2022 | 2 | 15,056 EUR | 15,056 EUR |
Schemes
Brede weersverzekering
Investeringssteun voor land- en tuinbouwers
Subsidie voor de verwarringstechniek in de fruitteelt
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Truiden2.134.497.173
Similar companies · same sector, comparable size
VMS AGRO
BE 0477.157.846
Gingelom · Eq €422k
HERTEN FRUIT
BE 0466.972.450
Wellen · Eq €420k
ARBUTUM DULCE
BE 0480.479.107
Pittem · Eq €432k
Clément GREGOIRE EN Zn
BE 0431.600.510
Braives · Eq €417k
ENGELBOSCH FRUIT
BE 0811.781.518
Sint-Truiden · Eq €414k
Of 1,344 companies in sector 01240 we hold annual accounts for 320. 272 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-11-2003
Fiscal year end30-06
Activities, NACEBEL
01130Growing of vegetables, melons, roots and tubers
01240Growing of pome and stone fruits
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.