DEMEYERE PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of DEMEYERE PROJECTS is 1.9% (moderate). The 2025 annual accounts show equity of €54,593 and a net result of €1,923. Equity is growing by ~33.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 7730 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201Joinery installation NACE 43320
1 site
How big
€421,611total assets 2025
- Equity
- €54,593
- Profit
- €1,923
Turnover not published (abridged schema)
Who decides
Accounts filed 31 d late0 of 1 deed read
Why 53- Limited track record- Higher-failure-rate sector- Weak solvency vs sector+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-21
Solvency38▼-22
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.93 against 1.92 in 2024; short-term debt: 21.2% and cash: 5% of total assets), and 87.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
12.9%
Return on assets
0.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 7730 sector peers (2025).
NBB · sector comparisonPosition among 7730 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
22 d late
2023
6 d late
2022
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 22 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet €1,923 ▼92.3%
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €421,611Profit €1,923Solvency 12.9%Liquidity 0.93
Total assets
€421,611▲ 184%
2022 - 2025
Net result
€1,923▼ 92.3%
2022 - 2025
Equity
€54,593▲ 3.7%
2022 - 2025
Solvency
12.9%▼ 22.5pp
2022 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€20,214-€6,931▼ 65.7%€33,384▲ 382%€6,389▼ 80.9%
Net result€16,427within the sector's middle half-€3,850within the sector's middle half▼ 76.6%€24,826within the sector's middle half▲ 545%€1,923within the sector's middle half▼ 92.3%
Equity€25,627within the sector's middle half-€28,677within the sector's middle half▲ 11.9%€52,670within the sector's middle half▲ 83.7%€54,593within the sector's middle half▲ 3.7%
Total assets€102,500within the sector's middle half-€108,803within the sector's middle half▲ 6.1%€148,419within the sector's middle half▲ 36.4%€421,611above the sector's middle half▲ 184%
Debt€76,873-€80,126▲ 4.2%€95,749▲ 19.5%€367,018▲ 283%
Working capital€48,888within the sector's middle half-€44,689within the sector's middle half▼ 8.6%€41,976within the sector's middle half▼ 6.1%-€6,172below the sector's middle half
Solvency25.0%within the sector's middle half-26.4%within the sector's middle half▲ 1.4pp35.5%within the sector's middle half▲ 9.1pp12.9%below the sector's middle half▼ 22.5pp
Current ratio2.82above the sector's middle half-2.48within the sector's middle half▼ 0.341.92within the sector's middle half▼ 0.570.93below the sector's middle half▼ 0.99
Return on assets (ROA)16.0%within the sector's middle half-3.5%within the sector's middle half▼ 12.5pp16.7%within the sector's middle half▲ 13.2pp0.5%within the sector's middle half▼ 16.3pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 81% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €421,611
Fixed assets
€338,482 ▲ 458%
Current assets
€83,128 ▼ 5.2%
Equity and liabilities €421,611
Equity
€54,593 ▲ 3.7%
Debt
€367,018 ▲ 283%
Debt's share of the balance-sheet total rises from 64.5% to 87.1%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€27,012▼
2024 · €46,644
Cash flow
€22,546▼
2024 · €38,087
Quick ratio
0.90▼
2024 · 1.90
Debt to equity
6.72▲
2024 · 1.82
ROE
3.5%▼
2024 · 47.1%
Interest coverage
6.20▼
2024 · 34.21
Debt ≤ 1 year
€89,301▲
2024 · €45,749
Debt > 1 year
€277,717▲
2024 · €50,000
Income taxes
€132▼
2024 · €7,210
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,275 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
2.5%
went bankrupt
2.5%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,392 | €6,963 | €13,260 | €20,623 | ▲ 55.5% |
| Other operating charges640/8 | €615 | €175 | €1,269 | €2,213 | ▲ 74.4% |
| Gross operating margin9900 | €27,221 | €14,069 | €47,913 | €29,225 | ▼ 39.0% |
| Operating profit (loss)9901 | €20,214 | €6,931 | €33,384 | €6,389 | ▼ 80.9% |
| Financial income75/76B | €4 | €27 | €16 | €26 | ▲ 63.6% |
| Recurring financial income75 | €4 | €27 | €16 | €26 | ▲ 63.6% |
| Financial charges65/66B | €549 | €1,273 | €1,363 | €4,360 | ▲ 220% |
| Recurring financial charges65 | €549 | €1,273 | €1,363 | €4,360 | ▲ 220% |
| Profit (loss) for the period before taxes9903 | €19,669 | €5,685 | €32,036 | €2,055 | ▼ 93.6% |
| Income taxes67/77 | €3,242 | €1,836 | €7,210 | €132 | ▼ 98.2% |
| Profit (loss) for the period9904 | €16,427 | €3,850 | €24,826 | €1,923 | ▼ 92.3% |
| Profit (loss) for the period to be appropriated9905 | €16,427 | €3,850 | €24,826 | €1,923 | ▼ 92.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €102,500 | €108,803 | €148,419 | €421,611 | ▲ 184% |
| Fixed assets21/28 | €26,740 | €33,988 | €60,694 | €338,482 | ▲ 458% |
| Tangible fixed assets22/27 | €25,090 | €32,338 | €59,044 | €338,482 | ▲ 473% |
| Land and buildings22 | - | - | - | €291,996 | - |
| Plant, machinery and equipment23 | - | €13,544 | €17,359 | €17,904 | ▲ 3.1% |
| Furniture and vehicles24 | €25,090 | €18,793 | €41,686 | €28,583 | ▼ 31.4% |
| Financial fixed assets28 | €1,650 | €1,650 | €1,650 | €0 | ▼ 100% |
| Current assets29/58 | €75,761 | €74,815 | €87,725 | €83,128 | ▼ 5.2% |
| Stocks and contracts in progress3 | - | €1,087 | €785 | €3,000 | ▲ 282% |
| Stocks30/36 | - | €1,087 | €785 | €3,000 | ▲ 282% |
| Amounts receivable within one year40/41 | €25,369 | €42,724 | €64,687 | €57,865 | ▼ 10.5% |
| Trade receivables40 | €24,259 | €31,175 | €33,585 | €21,953 | ▼ 34.6% |
| Other amounts receivable41 | €1,110 | €11,548 | €31,102 | €35,912 | ▲ 15.5% |
| Cash at bank and in hand54/58 | €48,785 | €29,645 | €19,536 | €21,031 | ▲ 7.7% |
| Deferred charges and accrued income490/1 | €1,607 | €1,359 | €2,717 | €1,233 | ▼ 54.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €102,500 | €108,803 | €148,419 | €421,611 | ▲ 184% |
| Equity10/15 | €25,627 | €28,677 | €52,670 | €54,593 | ▲ 3.7% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | - | €18,000 | €42,000 | €44,000 | ▲ 4.8% |
| Distributable reserves133 | - | €18,000 | €42,000 | €44,000 | ▲ 4.8% |
| Profit (loss) carried forward14 | €15,627 | €677 | €670 | €593 | ▼ 11.4% |
| Amounts payable17/49 | €76,873 | €80,126 | €95,749 | €367,018 | ▲ 283% |
| Amounts payable after more than one year17 | €50,000 | €50,000 | €50,000 | €277,717 | ▲ 455% |
| Financial debts170/4 | €50,000 | €50,000 | €50,000 | €277,717 | ▲ 455% |
| Amounts payable within one year42/48 | €26,873 | €30,126 | €45,749 | €89,301 | ▲ 95.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €13,032 | - |
| Financial debts43 | - | €10 | €0 | €4,212 | - |
| Credit institutions430/8 | - | €10 | €0 | €4,212 | - |
| Trade debts44 | €12,488 | €7,517 | €16,705 | €26,620 | ▲ 59.4% |
| Suppliers440/4 | €12,488 | €7,517 | €16,705 | €26,620 | ▲ 59.4% |
| Taxes, remuneration and social security45 | €3,242 | €3,932 | €123 | €649 | ▲ 427% |
| Taxes450/3 | €3,242 | €3,932 | €123 | €649 | ▲ 427% |
| Other amounts payable47/48 | €11,143 | €18,667 | €28,922 | €44,789 | ▲ 54.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,427 | €3,850 | €24,826 | €1,923 | ▼ 92.3% |
| + Depreciation and write-downs630 | €6,392 | €6,963 | €13,260 | €20,623 | ▲ 55.5% |
| Operating cash flow (approximation) | €22,819 | €10,812 | €38,087 | €22,546 | ▼ 40.8% |
| Investment in fixed assets (approximation) | - | -€14,211 | -€39,967 | -€298,411 | ▼ 647% |
| Change in cash | - | -€19,140 | -€10,109 | €1,495 | ▲ 115% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
HEXAGONE CONCEPT
BE 0827.845.114
Verlaine · Eq €54,597
ALFI
BE 0471.205.412
Holsbeek · Eq €54,600
ERIKOR
BE 0840.361.181
Kortrijk · Eq €54,580
Baeten Bouwcoördinatie Bouwrealisatie
BE 0762.886.093
Balen · Eq €54,580
TONY CONSTRUCT TEAM
BE 0761.740.109
Wemmel · Eq €54,632
Of 29,766 companies in this sector we hold annual accounts for 16,066. 13,149 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
6 eventsLatest 31-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €1,923 ▼92.3%
Net result drops to €1,923, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Highest result since 2022net €24,826 ▲545%
Operating result €33,384, net result €24,826, both a record.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 funding sourceFlanders €302
Flemish government
€302
awarded · 2023 - 2025
Subsidies and aid
Flemish government
2023 to 2025 · 2 entries · €302 awarded · €302 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | €66 | €66 |
| 2023 | 1 | €236 | €236 |
Company details
Private limited company · founded 24-09-2021Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded24-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43320Joinery installation
41003General construction of other non-residential buildings
43211General electrical installation work
43221Plumbing work
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0774547671
Registered
07-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2021
Ground area
917 m²
Building footprint
157 m²
Volume, LiDAR
2 m³
Parcel 36017C2012/00B000, Flanders · tallest building 0.7 m. Linked by address, not a title deed.
1 establishment unit
DEMEYERE PROJECTS
since 2021unit no. 2.323.470.593
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017C2012/00B000 | Flanders | 917 m² | 1 · 157 m² | 0.7 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
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