Demeter K
ActiveDemeter K has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €49k and a net result of €1k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 20% of 37960 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+18
Solvency45▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.15 in 2023; short-term debt: 80.1% and cash: 7.5% of total assets), and 80.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
19.9%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 37960 sector peers (2024).
NBB · sector comparisonPosition among 37960 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
29 d late
2022
24 d late
2021
31 d late
2020
31 d late
2019
101 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€49k▲ 3.1%
2023 · €47k
2018: €41k
2019: €53k
2020: €49k
2021: €54k
2022: €56k
2023: €47k
2018 → 2024
Total assets
€243k▲ 15.7%
2023 · €210k
2018: €47k
2019: €57k
2020: €51k
2021: €185k
2022: €239k
2023: €210k
2018 → 2024
Net result
€1k
2023 · €-9k
2018: €7k
2019: €5k
2020: €-4k
2021: €5k
2022: €2k
2023: €-9k
2018 → 2024
Working capital
€34k▲ 41.1%
2023 · €24k
2018: €34k
2019: €47k
2020: €44k
2021: €12k
2022: €24k
2023: €24k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€49k-€54k▲ 10.8%€56k▲ 4.2%€47k▼ 16.2%€49k▲ 3.1%
Operating result€-4k-€8k€5k▼ 37.3%€-6k€2k
Net result€-4k-€5k€2k▼ 57.1%€-9k€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €2k after a loss of €6k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €243k
Fixed assets
€14k▼ 37.6%
Current assets
€229k▲ 22.1%
Equity and liabilities €243k
Equity
€49k▲ 3.1%
Debt
€195k▲ 19.3%
The debt ratio rises from 77.6% to 80.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▲
2023 · €4k
Cash flow
€12k▲
2023 · €626
Solvency
19.9%▼
2023 · 22.4%
Current ratio
1.18▲
2023 · 1.15
Quick ratio
1.18▲
2023 · 1.15
Debt / equity
4.01▲
2023 · 3.47
ROE
3.1%▲
2023 · -19.3%
ROA
0.6%▲
2023 · -4.3%
Interest coverage
18.61▲
2023 · 4.61
Debt
€195k▲
2023 · €163k
Debt ≤ 1 year
€195k▲
2023 · €163k
Income taxes
€200▼
2023 · €2k
Staff costs
€287k▲
2023 · €275k
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€210k€243k▲
Fixed assets21/28€23k€14k▼
Tangible fixed assets22/27€23k€14k▼
Land and buildings22-€0
Plant, machinery and equipment23-€0
Furniture and vehicles24€21k€13k▼
Leasing and similar rights25-€0
Other tangible fixed assets26€1k€1k▼
Assets under construction and advance payments27-€0
Current assets29/58€188k€229k▲
Amounts receivable within one year40/41€180k€211k▲
Trade receivables40€178k€209k▲
Other amounts receivable41€2k€2k=
Cash at bank and in hand54/58€7k€18k▲
Equity and liabilities
Total equity and liabilities10/49€210k€243k▲
Equity10/15€47k€49k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€27k€28k▲
Amounts payable17/49€163k€195k▲
Amounts payable within one year42/48€163k€195k▲
Trade debts44€106k€142k▲
Suppliers440/4€106k€142k▲
Taxes, remuneration and social security45€31k€38k▲
Taxes450/3€1k-
Remuneration and social security454/9€30k€38k▲
Other amounts payable47/48€27k€14k▼
Income statement
Code20232024
Remuneration, social security and pensions62€275k€287k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€280k€301k▲
Operating profit (loss)9901€-6k€2k▲
Financial charges65/66B€825€679▼
Recurring financial charges65€825€679▼
Profit (loss) for the period before taxes9903€-7k€2k▲
Income taxes67/77€2k€200▼
Profit (loss) for the period9904€-9k€1k▲
Profit (loss) for the period to be appropriated9905€-9k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€28k▲
Profit (loss) brought forward from the previous period14P€36k€27k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-9k ▼504%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 23.99
Current ratio from 11.35 to 23.99; short-term debt falls from €5k to €2k.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lendelede · 1 establishment unit since 2015
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.
Heulsestraat 898860 LendeledeGround area
4,250 m²
Building footprint
2,338 m²
Volume, LiDAR
13,153 m³
Parcel 34025C0185/00H002, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Demeter K
since 20152.243.190.524
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025C0185/00H002 | Flanders | 4,250 m² | 1 · 2,338 m² | 9.8 m · 2 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.
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 38,017 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-2015
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:cecile@cl-consult.be
Phone:+32477342051