DEMFOR
ActiveThe computed 12-month bankruptcy probability of DEMFOR is 1.8% (moderate). The 2025 annual accounts show equity of €25k and a net result of €10k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 64% of 7431 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▼-2
Solvency82▲+22
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 0.98 in 2024; short-term debt: 43.3% and cash: 18.5% of total assets), and 43.3% 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+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
Sector 41
higher
← 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
56.7%
Return on assets
23.2%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
27 d late
2024
29 d early
2023
9 d early
2022
25 d early
2021
25 d late
2020
26 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▲ 69.2%
2024 · €15k
2020: €10k
2021: €13k
2022: €20k
2023: €3k
2024: €15k
2020 → 2025
Total assets
€44k▲ 3.3%
2024 · €43k
2020: €27k
2021: €84k
2022: €69k
2023: €51k
2024: €43k
2020 → 2025
Net result
€10k▼ 16.3%
2024 · €12k
2020: €15k
2021: €13k
2022: €7k
2023: €2k
2024: €12k
2020 → 2025
Working capital
€14k
2024 · €-357
2020: €4k
2021: €-9k
2022: €442
2023: €-17k
2024: €-357
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€20k▲ 49.6%€3k▼ 87.1%€15k▲ 480%€25k▲ 69.2%
Operating result€17k-€11k▼ 36.3%€4k▼ 59.6%€17k▲ 280%€13k▼ 21.7%
Net result€13k-€7k▼ 48.4%€2k▼ 76.5%€12k▲ 692%€10k▼ 16.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44k
Fixed assets
€11k▼ 54.4%
Current assets
€33k▲ 78.9%
Equity and liabilities €44k
Equity
€25k▲ 69.2%
Debt
€19k▼ 31.6%
The debt ratio falls from 65.4% to 43.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29k▼
2024 · €33k
Cash flow
€26k▼
2024 · €28k
Solvency
56.7%▲
2024 · 34.6%
Current ratio
1.73▲
2024 · 0.98
Quick ratio
1.73▲
2024 · 0.98
Debt / equity
0.76▼
2024 · 1.89
ROE
40.9%▼
2024 · 82.8%
ROA
23.2%▼
2024 · 28.7%
Interest coverage
20.37▲
2024 · 17.88
Debt
€19k▼
2024 · €28k
Debt ≤ 1 year
€19k▲
2024 · €19k
Income taxes
€3k▼
2024 · €3k
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€43k€44k▲
Fixed assets21/28€24k€11k▼
Tangible fixed assets22/27€24k€11k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€628€440▼
Leasing and similar rights25€19k€6k▼
Other tangible fixed assets26€513€363▼
Current assets29/58€18k€33k▲
Amounts receivable within one year40/41€12k€23k▲
Trade receivables40€6k€14k▲
Other amounts receivable41€6k€9k▲
Cash at bank and in hand54/58€5k€8k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€43k€44k▲
Equity10/15€15k€25k▲
Contributions10/11€1k€1k=
Reserves13€14k€24k▲
Distributable reserves133€14k€24k▲
Amounts payable17/49€28k€19k▼
Amounts payable after more than one year17€9k-
Financial debts170/4€9k-
Amounts payable within one year42/48€19k€19k▲
Current portion of amounts payable after more than one year42€11k€9k▼
Trade debts44€4k€10k▲
Suppliers440/4€4k€10k▲
Other amounts payable47/48€4k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▼
Other operating charges640/8€965€911▼
Gross operating margin9900€34k€30k▼
Operating profit (loss)9901€17k€13k▼
Financial income75/76B€51€875▲
Recurring financial income75€51€875▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€15k€13k▼
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€12k€10k▼
Profit (loss) for the period to be appropriated9905€12k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€10k▼
Transfer to equity691/2€12k€10k▼
To other reserves6921€12k€10k▼
The notes to these accounts (5 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €2k ▼76.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Dilbeek · 1 establishment unit since 2019
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.
Kasteelstraat 471700 DilbeekGround area
998 m²
Building footprint
120 m²
Volume, LiDAR
739 m³
Parcel 23016D0157/00Y021, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEMFOR
since 20192.296.666.624
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016D0157/00Y021 | Flanders | 998 m² | 1 · 119 m² | 8.4 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.
Similar companies · same sector, comparable size
DESBULEUX
BE 0780.631.650
Hamois · Eq €25k
DBA FLOOR
BE 0803.691.718
Beringen · Eq €25k
ATS DESIGN BV
BE 1011.463.144
Asse · Eq €25k
Aslan Construct
BE 1024.104.620
Kraainem · Eq €25k
Toms Classic
BE 0687.539.859
Evergem · Eq €25k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,075 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43110Demolition
43211General electrical installation work
43212Electrical installation work in industrial facilities
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.