DEMI CONSTRUCT
Annual accounts 2025
full format, filed on 30-06-2026, 31 days before the deadline€607,836
▼ 21.9%
€18,165
▲ 5.0%
€27,306
▲ 5.7%
€22,058
▲ 29.0%
41.8%
▲ 14.0 percentage points
1.99
▲ 0.46
Money flows
of every €100 of turnover, €2.13 remains as profit in 2025Balance sheet
balance sheet total €141,454 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
41.8%
Higher than 49% of 2,463 companies in 2025.
1.99
Higher than 61% of 2,436 companies in 2025.
9.1%
Higher than 69% of 2,454 companies in 2025.
DEMI CONSTRUCT
Middle half of the sector
80% of the sector
Full accounts in specialised construction (NACE 43)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half · Staff: bottom quarter
Staff
€52,369
Staff costs divided by the average number of full-time equivalents.
level
people who joined
people who left
In 2025, 1 person joined and 1 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
141,454 | 166,122 | 132,227 | 72,876 | 36,575 | 71,225 | 57,695 | 50,853 | 51,390 | 21,319 | 28,878 | 17,527 | 21,139 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | 190 | |
21/28 |
9,617 | 16,546 | 25,092 | 29,542 | 922 | 4,547 | 8,496 | 11,781 | 16,203 | 3,765 | 5,506 | 2,231 | 4,808 | |
22/27 |
9,467 | 16,396 | 24,942 | 29,392 | 772 | 4,397 | 8,346 | 11,631 | 16,053 | 3,765 | 5,506 | 2,231 | 4,618 | |
22 |
- | - | - | - | - | - | - | - | - | - | - | 165 | 330 | |
23 |
812 | 1,218 | 1,624 | 221 | 442 | 662 | 883 | - | - | - | - | - | 156 | |
24 |
3,275 | 4,418 | 7,178 | 7,651 | 330 | 3,735 | 7,463 | 11,631 | 16,053 | 3,765 | 5,506 | 2,066 | 4,132 | |
25 |
5,380 | 10,760 | 16,140 | 21,520 | - | - | - | - | - | - | - | - | - | |
28 |
150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | - | - | - | - | |
29/58 |
131,837 | 149,576 | 107,135 | 43,334 | 35,653 | 66,678 | 49,199 | 39,072 | 35,187 | 17,554 | 23,372 | 15,296 | 16,331 | |
40/41 |
51,845 | 72,088 | 64,332 | 18,896 | 24,821 | 21,952 | 24,956 | 21,124 | 24,446 | 3,864 | 9,087 | 13,993 | 12,311 | |
40 |
23,697 | 24,897 | 32,678 | 11,095 | 15,987 | 11,987 | 24,133 | 14,040 | 19,372 | 3,863 | 8,241 | 4,452 | 5,215 | |
41 |
28,148 | 47,191 | 31,654 | 7,801 | 8,834 | 9,965 | 823 | 7,084 | 5,074 | 1 | 846 | 9,541 | 7,096 | |
54/58 |
43,046 | 77,488 | 42,803 | 24,438 | 10,467 | 44,726 | 24,243 | 17,798 | 10,741 | 13,690 | 14,285 | 1,070 | 4,020 | |
490/1 |
36,946 | - | - | - | 365 | - | - | 150 | - | - | - | 233 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
141,454 | 166,122 | 132,227 | 72,876 | 36,575 | 71,225 | 57,695 | 50,853 | 51,390 | 21,319 | 28,878 | 17,527 | 21,139 | |
10/15 |
59,133 | 46,216 | 37,663 | 9,791 | 2,726 | 11,229 | 18,783 | 21,096 | 20,724 | 15,464 | 7,587 | 2,849 | 7,393 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
1,021 | 1,021 | 1,021 | 1,021 | 1,021 | 1,021 | 1,021 | 1,021 | 1,002 | 739 | 345 | 291 | 291 | |
130/1 |
1,021 | 1,021 | 1,021 | 1,021 | 1,021 | 1,021 | - | - | - | - | - | - | - | |
130 |
1,021 | 1,021 | 1,021 | 1,021 | 1,021 | 1,021 | 1,021 | 1,021 | 1,002 | 739 | 345 | 291 | 291 | |
14 |
51,912 | 38,995 | 30,442 | 2,570 | -4,495 | 4,008 | 11,562 | 13,875 | 13,522 | 8,525 | 1,042 | -3,642 | 902 | |
17/49 |
82,321 | 119,906 | 94,564 | 63,085 | 33,849 | 59,996 | 38,912 | 29,757 | 30,666 | 5,855 | 21,291 | 14,678 | 13,746 | |
17 |
6,931 | 9,951 | 12,884 | 15,109 | - | 591 | 4,126 | 7,661 | 11,144 | - | - | - | - | |
170/4 |
6,931 | 9,951 | 12,884 | 15,109 | - | 591 | 4,126 | 7,661 | 11,144 | - | - | - | - | |
42/48 |
66,310 | 98,062 | 64,279 | 47,626 | 33,849 | 52,927 | 23,118 | 20,396 | 15,752 | 3,885 | 21,291 | 14,678 | 13,746 | |
42 |
3,005 | 2,916 | 2,808 | 3,305 | 591 | 3,535 | 3,518 | 3,449 | 3,483 | - | - | - | - | |
44 |
8,202 | 40,413 | 8,702 | 5,471 | 242 | 112 | 441 | 158 | 6,095 | 336 | 9,491 | 479 | 107 | |
440/4 |
8,202 | 40,413 | 8,702 | 5,471 | 242 | 112 | 441 | 158 | 6,095 | 336 | 9,491 | 479 | 107 | |
45 |
9,465 | 8,834 | 13,430 | 4,198 | 2,992 | 24,276 | - | - | - | 2,334 | 235 | 235 | 235 | |
450/3 |
- | - | - | - | - | 1,673 | - | - | - | 2,334 | - | - | - | |
454/9 |
9,465 | 8,834 | 13,430 | 4,198 | 2,992 | 22,603 | - | - | - | 0 | 235 | 235 | 235 | |
47/48 |
45,638 | 45,899 | 39,339 | 34,652 | 30,024 | 25,004 | 19,159 | 16,789 | 6,174 | 1,215 | 11,565 | 13,964 | 13,404 | |
492/3 |
9,080 | 11,893 | 17,401 | 350 | - | 6,478 | 11,668 | 1,700 | 3,770 | 1,970 | - | - | - | |
| Income statement | ||||||||||||||
70 |
607,836 | 777,792 | 644,749 | 605,418 | 386,993 | 311,800 | 268,032 | 153,278 | 139,396 | 86,532 | 89,890 | 39,447 | 150,490 | |
9900 |
192,951 | 174,957 | 189,317 | 159,103 | 102,956 | 39,887 | 6,025 | 8,076 | 15,037 | 11,899 | 10,611 | -58 | 9,904 | |
60/61 |
415,857 | 604,108 | 455,431 | 446,315 | 284,037 | 271,913 | 262,007 | 145,202 | 124,359 | 74,632 | 79,279 | 39,505 | 140,586 | |
62 |
157,108 | 146,917 | 148,055 | 142,200 | 90,603 | 42,048 | - | - | - | - | - | - | - | |
630 |
9,141 | 8,546 | 8,932 | 7,709 | 4,121 | 3,949 | 4,389 | 4,454 | 6,321 | 2,599 | 4,544 | 2,387 | 2,497 | |
640/8 |
8,537 | 2,197 | 1,580 | 1,950 | 16,659 | 1,372 | 2,731 | 619 | 1,263 | 1,020 | 1,280 | 1,411 | 1,352 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | 190 | 190 | |
9901 |
18,165 | 17,297 | 30,750 | 7,244 | -8,427 | -7,482 | -1,095 | 3,003 | 7,453 | 8,280 | 4,787 | -3,856 | 6,055 | |
75/76B |
- | 3 | 5 | 1 | 3 | - | - | 1 | 1 | - | 1 | 7 | 2 | |
75 |
- | 3 | 5 | 1 | 3 | - | - | 1 | 1 | - | 1 | 7 | 2 | |
65/66B |
751 | 799 | 1,131 | 180 | 79 | 72 | 124 | 72 | 104 | 73 | 50 | 31 | 54 | |
65 |
751 | 799 | 1,131 | 180 | 79 | 72 | 124 | 72 | 104 | 73 | 50 | 31 | 54 | |
9903 |
17,414 | 16,501 | 29,624 | 7,065 | -8,503 | -7,554 | -1,219 | 2,932 | 7,350 | 8,207 | 4,738 | -4,070 | 5,813 | |
67/77 |
4,497 | 7,948 | 1,752 | - | - | - | 1,094 | 2,560 | 2,090 | 330 | - | 474 | - | |
9904 |
12,917 | 8,553 | 27,872 | 7,065 | -8,503 | -7,554 | -2,313 | 372 | 5,260 | 7,877 | 4,738 | -4,544 | 5,813 | |
9905 |
12,917 | 8,553 | 27,872 | 7,065 | -8,503 | -7,554 | -2,313 | 372 | 5,260 | 7,877 | 4,738 | -4,544 | 5,813 | |
| Appropriation of the result | ||||||||||||||
9906 |
51,912 | 38,995 | 30,442 | 2,570 | -4,495 | 4,008 | 11,562 | 13,894 | 13,785 | 8,919 | 1,096 | -3,642 | 3,193 | |
14P |
38,995 | 30,442 | 2,570 | -4,495 | 4,008 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 19 | 263 | 394 | 54 | - | 291 | |
6920 |
- | - | - | - | - | - | - | 19 | 263 | 394 | 54 | - | 291 | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | 2,000 | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | 2,000 | |
| Social balance sheet | ||||||||||||||
9087 |
3 | 3 | 3.3 | 3.8 | 2.4 | 1.1 | - | - | - | - | - | - | - | |
Hours worked1013 |
4,979 | 4,840 | 5,232 | 5,468 | 3,728 | 1,656 | - | - | - | - | - | - | - | |
| Document | ||||||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-06-2026 | 2026-00242548 | |
| 31-12-2024 | full format | 29-09-2025 | 2025-00518614 | |
| 31-12-2023 | full format | 08-10-2024 | 2024-00502026 | |
| 31-12-2022 | full format | 04-10-2023 | 2023-00470606 | |
| 31-12-2021 | full format | 14-10-2022 | 2022-20468693 | |
| 31-12-2020 | full format | 19-10-2021 | 2021-72300273 | |
| 31-12-2019 | full format | 09-11-2020 | 2020-69400333 | |
| 31-12-2018 | full format | 17-09-2019 | 2019-64700170 | |
| 31-12-2017 | full format | 11-06-2019 | 2019-17600370 | |
| 31-12-2016 | full format | 28-06-2019 | 2019-25000244 | |
| 31-12-2015 | full format | 27-06-2019 | 2019-25000105 | |
| 31-12-2014 | full format | 19-09-2015 | 2015-59200543 | |
| 31-12-2013 | full format | 15-09-2014 | 2014-58700311 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27,306 | 25,843 | 39,682 | 14,953 | -4,306 | -3,533 | 3,294 | 7,457 | 13,774 | 10,879 | 9,331 | -1,469 | 8,552 | ||
| 22,058 | 17,099 | 36,804 | 14,774 | -4,382 | -3,605 | 2,076 | 4,826 | 11,581 | 10,476 | 9,282 | -2,157 | 8,310 | ||
| 2,212 | 0 | 4,482 | 36,329 | 496 | 0 | 1,104 | 32 | 18,759 | 858 | 7,819 | -190 | 494 | ||
| -34,442 | 34,685 | 18,365 | 13,971 | -34,259 | 20,483 | 6,445 | 7,057 | -2,949 | -595 | 13,215 | -2,950 | - | ||
| 65,527 | 51,514 | 42,856 | -4,292 | 1,804 | 13,751 | 26,081 | 18,676 | 19,435 | 13,669 | 2,081 | 618 | 2,585 | ||
| 3.0% | 2.2% | 4.8% | 1.2% | -2.2% | -2.4% | -0.4% | 2.0% | 5.3% | 9.6% | 5.3% | -9.8% | 4.0% | ||
| 41.8% | 27.8% | 28.5% | 13.4% | 7.5% | 15.8% | 32.6% | 41.5% | 40.3% | 72.5% | 26.3% | 16.3% | 35.0% | ||
| 1.99 | 1.53 | 1.67 | 0.91 | 1.05 | 1.26 | 2.13 | 1.92 | 2.23 | 4.52 | 1.10 | 1.04 | 1.19 | ||
| 1.39 | 2.59 | 2.51 | 6.44 | 12.42 | 5.34 | 2.07 | 1.41 | 1.48 | 0.38 | 2.81 | 5.15 | 1.86 | ||
| 21.8% | 18.5% | 74.0% | 72.2% | -311.9% | -67.3% | -12.3% | 1.8% | 25.4% | 50.9% | 62.4% | -159.5% | 78.6% | ||
| 9.1% | 5.1% | 21.1% | 9.7% | -23.2% | -10.6% | -4.0% | 0.7% | 10.2% | 36.9% | 16.4% | -25.9% | 27.5% | ||
| 36.36 | 32.34 | 35.09 | 83.07 | -54.51 | - | - | - | - | - | - | - | - | ||
| 14 days | 12 days | 18 days | 7 days | 15 days | 14 days | 33 days | 33 days | 51 days | 16 days | 33 days | 41 days | 13 days | ||
| 7 days | 24 days | 7 days | 4 days | 0 days | 0 days | 1 day | 0 days | 18 days | 2 days | 44 days | 4 days | 0 days |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 4 | 3 | 4 | 2 |
| full-time | 3 | 2 | 2 | 3 | 2 |
| part-time | 1 | 2 | 1 | 1 | 0 |
| in full-time equivalents | 3.5 | 3 | 2.5 | 3.5 | 2 |
| 3 | 3 | 3.3 | 3.8 | 2.4 | |
| On a permanent contract | 3 | 3 | 2 | 3 | 2 |
| Joined | 1 | 1 | 1 | 4 | 4 |
| Left | 1 | 0 | 2 | 2 | 3 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,212 | - | €4,482 | €36,329 | €496 |
| €9,141 | €8,546 | €8,932 | €7,709 | €4,121 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on DEMI CONSTRUCT
The operating result for 2025 is 5% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 72.2% to 58.2%. Equity is higher and debt is lower.