Turnover
≈ €1,800 estimated
The micro format states no turnover.
DEMETER
Overview
Lifetime
2 annual accounts with figures on one time axispeak €239 (2025)
€239▲ 143%
peak €167 (2025)
€167
peak €167 (2025)
€167
€53,774▼ 71.7%
Board7 names since 2019
3 directorsFrançois Ost and 2 others
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €99 to €239Debts from €189,909 to €53,774Cash from €16,610 to €6,802
Key points
from the 2025 annual accountsDebts
€53,774 100% of the balance sheet
Position in the sector
€167
Less equity than 86% of companies in research and development. Sector median €113,463 · 621 companies.
2025 accounts filed 24 days after the deadline
Checked score
90
Excellent
Financially stronger than 19% of micro companies in research and development (NACE 72)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 932 companies (NACE 72, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025lowest value
05-2025: < 0.1%● unchanged vs 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%● unchanged vs 09-2026highest value
11-2026: < 0.1%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 24 days late; 1 of the last 3 accounts late
No registered site in the KBO
lowers risk
Legal form: non-profit association
Size: total assets €53,942
Calculation
The band follows from the bankruptcy probability. 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 (NACE 72, micro). It does better than 17% of them on solvency, 8% on liquidity and 33% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,375 companies had the same profile as DEMETER has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
1.6%
stopped another way
2.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DEMETER itself is lower: < 0.1% within 12 months. It rests on far more data about DEMETER than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,375 companies, not a prediction for DEMETER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 620 sector peers (2025).
NBB · sector comparisonPosition among 620 sector peers
Solvency
better than 14%
← weakest
strongest →
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
24 days late
2024
389 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 207 days after the deadline. In the sector (NACE 72), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0897922862
1 director appointed, 1 resignation
Resignation: Guillaume Derom (secretary general) · Appointment: Pieter Van Damme (secretary general) · Withdrawal: Krzysztof Pomian (member) · Board meeting of 05-12-2023 · Gazette deed
Resignation: Benjamin Erarts (director)
General meeting of 26-06-2023 · Gazette deed
Registered office moved from Forest to Brussels
New registered office: Place Antoine Delporte, 14 à 1060 Bruxelles · Previous registered office: Avenue Besme, 121-1190 Forest · Reappointments: Michel Praet (chair), Henri Eisenradt, François Ost and Benjamin Erarts · General meeting of 16-06-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEMETER Sint-Gillis (bij-Brussel) | €53,942 | €239 | 0.3% | - |
| SORACH Sint-Katelijne-Waver | €41,070 | -€6,955 | 61.6% | - |
| Pharma Health Consulting & Services La Louvière | €73,329 | -€37,200 | -57.2% | - |
| PROGRESS PHARMA Vosselaar | €49,934 | -€4,893 | 94.4% | - |
| BRUSSELS ACADEMY-MAKING CITY TOGETHER ASBL Brussels | €62,246 | -€19,216 | 59.9% | - |
| DNAVision Charleroi | €27,822 | -€3,731 | -3162.3% | 2 |
| MERCATOR INNOVATIONS Schilde | €99,483 | -€6,323 | 92.0% | - |
These companies have the same main activity as DEMETER: other research and development on natural sciences (NACE 72109). They are comparable in size and age: total assets between €27,800 and €99,500, founded between 2004 and 2014.
Official details
Source: KBO- Status
- Active since 15-05-2008Normal situation
- Activity
- Other research and development on natural sciencesNACE 72109and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 26-12-2025
Insights on DEMETER
DEMETER has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €167 and a net result of €167.
Its solvency ranks better than 14% of 620 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 24-08-2026, 24 days late€239
▲ 143%
€234
▲ 138%
€167
€167
▼ 99.7%
0.3%
1.00
▼ 0.49
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1,800. Estimated: probably between €840 and €4,400.
Balance sheet
balance sheet total €53,942 on 31-12-2025What the company ownsHow it is paid for
in euro
Position in the sector
0.3%
Higher than 14% of 620 companies in 2025.
1.00
Higher than 18% of 580 companies in 2025.
0.3%
Higher than 26% of 597 companies in 2025.
DEMETER
Middle half of the sector
80% of the sector
Micro accounts in research and development (NACE 72)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
53,942 | 189,909 | |
29/58 |
53,942 | 189,909 | |
40/41 |
46,917 | 109,491 | |
40 |
20,000 | - | |
41 |
26,917 | 109,491 | |
54/58 |
6,802 | 16,610 | |
490/1 |
223 | 63,808 | |
| Balance sheet: equity and liabilities | |||
10/49 |
53,942 | 189,909 | |
10/15 |
167 | - | |
14 |
167 | - | |
17/49 |
53,774 | 189,909 | |
42/48 |
53,774 | 126,933 | |
44 |
32,314 | 126,906 | |
440/4 |
32,314 | 126,906 | |
45 |
- | 27 | |
450/3 |
- | 27 | |
47/48 |
21,460 | - | |
492/3 |
- | 62,976 | |
| Income statement | |||
9900 |
239 | 99 | |
640/8 |
5 | - | |
9901 |
234 | 99 | |
65/66B |
67 | 99 | |
65 |
67 | 99 | |
9903 |
167 | - | |
9904 |
167 | - | |
9905 |
167 | - | |
| Appropriation of the result | |||
9906 |
167 | - | |
| Document | |||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 24 days after the deadline. Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00416832.
Subsidies and aid
Wallonia-Brussels Federation 2023 to 2025, 6 entries, €66,375 in total
| Year | Entries | Paid |
|---|---|---|
| 2025 | 3 | €43,075 |
| 2024 | 2 | €16,500 |
| 2023 | 1 | €6,800 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -9,808 | - | ||
| 167 | 62,976 | ||
| 0.3% | - | ||
| 1.00 | 1.50 | ||
| 0.3% | - |
The equity ratios are withheld because equity of €167 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on DEMETER
The operating result for 2025 is 138% higher than in 2024.
Debt's share of the balance-sheet total is 99.7%.
Board & ownership
Board
3 directors, last change in 2024Mandates through the years
7 names, the dashed line is todayFrançois Ost
Director
Director
Henri Eisenradt
Director
Director
Michel Praet
Chair, Director
Chair, Director
Pieter Van Damme
Secretary general
Secretary general
Guillaume Derom
Secretary general
Secretary general
Benjamin Erarts
Director
Director
Jean-Christophe Hubert
Director
Director
LeadershipBoardOther functionEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
- François Ost
- Director, since before 01-02-2022
- Henri Eisenradt
- Director, since before 01-02-2022
- Michel Praet
- Director, since before 01-02-2022
- Chair, since before 01-02-2022
- Pieter Van Damme
- Secretary general, appointed by deed of 24-01-2024, still in office
- Guillaume Derom
- Secretary general, appointed by deed of 14-04-2021, until 01-01-2024
- Director, appointed by deed of 01-02-2022, ended, last mentioned on 01-02-2022
- Benjamin Erarts
- Secretary general, until 15-02-2021
- Director, from before 01-02-2022 to 17-08-2023
- Jean-Christophe Hubert
- Director, until 24-07-2019
Control
This non-profit association has no shareholders or capital.
Articles of association
deed of 17-08-2023 (in French)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 3 directors“Conseil d'administration collégial, moitié présents ou représentés”
Network & group
No group
DEMETER has no parent and no holdings in its annual accounts.
At the same address
Antoine Delporteplein 14, 1060 Saint-Gilles · 2 other companies| DAREPI
registered office since 03-06-2004 · founded in 2004 |
total assets €441,335 (2025) 0865.596.128 |
| D.TUNA CONSULTING
registered office since 07-12-2021 · founded in 2021 |
total assets €75,899 (2025) 0778.352.744 |
Earlier ties
| Visit.brussels via Pieter Van Damme, no longer at Visit.brussels · Director founded in 2015 |
154 FTE (2025) |
| jes via Pieter Van Damme, no longer at jes · Director · deed of 09-06-2020 founded in 1990 |
104 FTE (2025) |
| Gewestelijke School voor Openbaar Bestuur - Ecole régionale d'Administration publique via Pieter Van Damme, no longer at Gewestelijke School voor Openbaar Bestuur - Ecole régionale d'Administration publique · Director founded in 1994 |
21 FTE (2025) |
| Commissariat à l'Europe et aux Organisations Internationales via Pieter Van Damme, no longer at Commissariat à l'Europe et aux Organisations Internationales · Director |
founded in 2014 |
Connections & network
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
10 events since 2008Board
Filings
Address
2008201020122014201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2024 filed NBBmicro format · 389 days late
Annual accounts 2025 filed NBBmicro format · 24 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0897922862
2024
1 director appointed, 1 resignationResignation: Guillaume Derom (secretary general) · Appointment: Pieter Van Damme (secretary general) · Withdrawal: Krzysztof Pomian (member) · Board meeting of 05-12-20235 points ▸
- Registered office clause, Place Antoine Delporte 14, 1060 Saint-Gilles
- Board meeting, 05-12-2023
- Director resignation, Guillaume Derom (secretary general)
- Director appointment, Pieter Van Damme (secretary general)
- Member resignation, Krzysztof Pomian
2023
- General meeting, 26-06-2023
- Director resignation, Benjamin Erarts
- The deed holds 1 more point.
2022
Registered office moved from Forest to BrusselsNew registered office: Place Antoine Delporte, 14 à 1060 Bruxelles · Previous registered office: Avenue Besme, 121-1190 Forest · Reappointments: Michel Praet (chair), Henri Eisenradt, François Ost and Benjamin Erarts · General meeting of 16-06-20218 points ▸
- General meeting, 16-06-2021
- Director reappointment, Michel Praet
- Director reappointment, Henri Eisenradt
- Director reappointment, François Ost
- Director reappointment, Benjamin Erarts
- Director appointment, Guillaume Derom
- Director reappointment, Michel Praet (chair)
- Registered-office move, Place Antoine Delporte, 14 à 1060 Bruxelles
2021
New secretary generalGuillaume Derom appointed, Benjamin Erarts resigned · Board meeting of 15-02-20213 points ▸
- Board meeting, 15-02-2021
- Director resignation, Benjamin Erarts (secretary general)
- Director appointment, Guillaume Derom (secretary general)
2020
Registered office moved to BrusselsNew registered office: avenue Besme, 121 à 1190 Bruxelles · General meeting of 25-06-20202 points ▸
- General meeting, 25-06-2020
- Registered-office move, avenue Besme, 121 à 1190 Bruxelles
2019
Resignation: Jean-Christophe Hubert (director)Withdrawal: Jean-Christophe Hubert (member) · General meeting of 20-06-20193 points ▸
- General meeting, 20-06-2019
- Director resignation, Jean-Christophe Hubert
- Member resignation, Jean-Christophe Hubert
2008
Incorporation PDFpublished on 23-05-2008
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0897.922.862
- VAT number
- BE 0897.922.862
- Peppol ID
- 0208:0897922862
- Other Peppol ID
- 9925:BE0897922862
- Legal form
- Non-profit association
- Status
- Active, normal situation
- Founded
- 15-05-2008
- Financial year
- ends on 31 December
- Peppol
- Reachable since 26-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- DEMETER in French
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Place Antoine Delporte 14, 1060 Saint-Gilles”deed of 17-08-2023 (in French)
Activities
NACEBEL 202572109
Other research and development on natural sciences main activity
Codes under NACEBEL 2008
72190
Scientific research and development main activity
85609
Education
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L'association a pour objet,sous la dénomination DEMETER,la promotion au bénéfice de tous publics tant en Belgique qu'en Europe et ailleurs…”deed of 17-08-2023 (in French)
2 activities
- L'association a pour objet,sous la dénomination DEMETER,la promotion au bénéfice de tous publics tant en Belgique qu'en Europe et ailleurs dans le monde,de la culture humaniste dans tous ses aspects-art,histoire,civilisation,popularisation du savoir scientifique-et des rapports entre ces différents aspects.
- Elle œuvrera en toute indépendance d'esprit,sans parti pris partisan,philosophique ou religieux,si ce n'est une volonté de connaissance et de développement durable au service de l'humanité.
Registered office and establishments
| Antoine Delporteplein 14 registered office 1060 Sint-Gillis (bij-Brussel) |
1 former office
- Avenue Besme,121, 1190 Forest until 16-06-2021 · deed of 01-02-2022
Buildings and parcels at the address
- Ground area
- 353 m²
- Buildings
- 87 m²
- Volume, LiDAR
- 1,232 m³
- Tallest building
- 17.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21013B0428/00P000 | 353 m² | 1 · 87 m² | 17.8 m · 5 |