DEMFIX
ActiveDEMFIX has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €92k and a net result of €-31k. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 44% of 7447 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability3▼-73
Solvency64▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.58 against 1.72 in 2023; short-term debt: 61.3% and cash: 2.7% of total assets), but 61.3% 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.
+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 →
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
38.7%
Return on assets
-13%
Age of the figures
21 mo
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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
69 d late
2022
72 d late
2021
89 d late
2020
66 d early
2019
53 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-31k
2023 · €17k
2018: €-29k
2019: €17k
2020: €14k
2021: €74k
2022: €-11k
2023: €17k
2018 → 2024
Working capital
€85k▼ 26.1%
2023 · €115k
2018: €-10k
2019: €9k
2020: €43k
2021: €109k
2022: €99k
2023: €115k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€42k-€116k▲ 177%€105k▼ 9.5%€123k▲ 16.4%€92k▼ 25.1%
Operating result€14k-€96k▲ 587%€3k▼ 96.6%€25k▲ 674%€-33k
Net result€14k-€74k▲ 430%€-11k€17k€-31k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €33k after €25k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €237k
Fixed assets
€7k▼ 11.0%
Current assets
€230k▼ 16.2%
Equity and liabilities €237k
Equity
€92k▼ 25.1%
Debt
€145k▼ 9.2%
The debt ratio rises from 56.6% to 61.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-32k▼
2023 · €26k
Cash flow
€-30k▼
2023 · €18k
Solvency
38.7%▼
2023 · 43.4%
Current ratio
1.58▼
2023 · 1.72
Quick ratio
1.58▼
2023 · 1.72
Debt / equity
1.58▲
2023 · 1.31
ROE
-33.5%▼
2023 · 14.1%
ROA
-13.0%▼
2023 · 6.1%
Interest coverage
-27.48▼
2023 · 25.70
Debt
€145k▼
2023 · €160k
Debt ≤ 1 year
€145k▼
2023 · €160k
Income taxes
€10k▲
2023 · €8k
Staff costs
€49k▲
2023 · €47k
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€283k€237k▼
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€5k€5k=
Current assets29/58€275k€230k▼
Amounts receivable within one year40/41€246k€223k▼
Trade receivables40€217k€192k▼
Other amounts receivable41€29k€31k▲
Cash at bank and in hand54/58€24k€6k▼
Deferred charges and accrued income490/1€5k€807▼
Equity and liabilities
Total equity and liabilities10/49€283k€237k▼
Equity10/15€123k€92k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€102k€71k▼
Amounts payable17/49€160k€145k▼
Amounts payable within one year42/48€160k€145k▼
Financial debts43€11k€11k▼
Other loans439€11k€11k▼
Trade debts44€121k€104k▼
Suppliers440/4€121k€104k▼
Taxes, remuneration and social security45€14k€17k▲
Taxes450/3€5k€10k▲
Remuneration and social security454/9€9k€7k▼
Other amounts payable47/48€13k€13k▼
Income statement
Code20232024
Remuneration, social security and pensions62€47k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€729€875▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€77k€19k▼
Operating profit (loss)9901€25k€-33k▼
Financial income75/76B€1k€14k▲
Recurring financial income75€1k€14k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€1k▲
Non-recurring financial charges66B-€545
Profit (loss) for the period before taxes9903€25k€-21k▼
Income taxes67/77€8k€10k▲
Profit (loss) for the period9904€17k€-31k▼
Profit (loss) for the period to be appropriated9905€17k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€102k€71k▼
Profit (loss) brought forward from the previous period14P€85k€102k▲
Social balance
Average headcount (FTE)90871.01.0=
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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-31k ▼278%
Net result drops to €-31k, the lowest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 69 days late
2023
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 72 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 89 days late
2021
31-12
Financial
Highest result since 2018net €74k ▲430%
Operating result €96k, net result €74k, both a record.
31-12
Financial
Equity above €100kEq €116k ▲177%
3 profitable years in a row build equity to €116k.
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
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, Sint-Pieters-Leeuw · 1 establishment unit since 2017
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.
Jan Vanderstraetenstraat 181600 Sint-Pieters-LeeuwGround area
392 m²
Building footprint
120 m²
Volume, LiDAR
1,127 m³
Parcel 23077A0077/00V002, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DEMFIX
since 20172.263.374.046
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0077/00V002 | Flanders | 392 m² | 1 · 120 m² | 13.7 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
Ma-Renov
BE 0781.777.141
Ittre · Eq €92k
LEONIDAS CONSTRUCTION SERVICES
BE 0704.754.389
Rumst · Eq €92k
B CARRE
BE 0881.823.832
Evere · Eq €92k
Deli.Company
BE 0721.989.113
Deerlijk · Eq €92k
PANTHER-SERVICES
BE 0723.453.714
Sint-Pieters-Leeuw · Eq €92k
Of 15,542 companies in sector 43990 we hold annual accounts for 7,421. 6,245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-04-2017
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:finance@demfix.be
Phone:+3223613833
E-mail:info@demfix.be