Demi Group
ActiveDemi Group has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €28k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 1541 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
67
/ 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
Profitability85▼-13
Solvency62▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.09 in 2024; short-term debt: 62.9% and cash: 7.6% of total assets), and 62.9% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
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
37.1%
Return on assets
12.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
1 d early
2023
6 d early
2022
59 d late
2021
60 d late
2020
31 d late
2019
28 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€81k▲ 52.4%
2024 · €53k
2018: €25k
2019: €28k
2020: €29k
2021: €28k
2022: €8k
2023: €5k
2024: €53k
2018 → 2025
Total assets
€219k▲ 7.2%
2024 · €204k
2018: €126k
2019: €144k
2020: €131k
2021: €116k
2022: €119k
2023: €128k
2024: €204k
2018 → 2025
Net result
€28k▼ 42.4%
2024 · €48k
2018: €10k
2019: €3k
2020: €2k
2021: €-2k
2022: €-19k
2023: €-4k
2024: €48k
2018 → 2025
Working capital
€34k▲ 164%
2024 · €13k
2018: €4k
2019: €-5k
2020: €2k
2021: €-322
2022: €-23k
2023: €-26k
2024: €13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€8k▼ 69.8%€5k▼ 43.0%€53k▲ 1,014%€81k▲ 52.4%
Operating result€3k-€-14k€2k€63k▲ 3,581%€45k▼ 29.3%
Net result€-2k-€-19k▼ 1,013%€-4k▲ 81.4%€48k€28k▼ 42.4%
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 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €219k
Fixed assets
€47k▲ 7.9%
Current assets
€172k▲ 7.0%
Equity and liabilities €219k
Equity
€81k▲ 52.4%
Debt
€138k▼ 8.7%
The debt ratio falls from 73.9% to 62.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61k▼
2024 · €77k
Cash flow
€44k▼
2024 · €62k
Solvency
37.1%▲
2024 · 26.1%
Current ratio
1.25▲
2024 · 1.09
Quick ratio
1.00▲
2024 · 0.92
Debt / equity
1.70▼
2024 · 2.84
ROE
34.4%▼
2024 · 91.0%
ROA
12.7%▼
2024 · 23.7%
Interest coverage
9.56▼
2024 · 15.56
Debt
€138k▼
2024 · €151k
Debt ≤ 1 year
€138k▼
2024 · €148k
Income taxes
€11k▲
2024 · €10k
Staff costs
€162k▲
2024 · €149k
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€204k€219k▲
Fixed assets21/28€43k€47k▲
Tangible fixed assets22/27€43k€46k▲
Plant, machinery and equipment23€24k€19k▼
Furniture and vehicles24-€15k
Other tangible fixed assets26€18k€13k▼
Financial fixed assets28€400€400=
Current assets29/58€161k€172k▲
Stocks and contracts in progress3€24k€34k▲
Stocks30/36€24k€34k▲
Amounts receivable within one year40/41€124k€119k▼
Trade receivables40€118k€115k▼
Other amounts receivable41€6k€3k▼
Cash at bank and in hand54/58€11k€17k▲
Deferred charges and accrued income490/1€838€3k▲
Equity and liabilities
Total equity and liabilities10/49€204k€219k▲
Equity10/15€53k€81k▲
Contributions10/11€15k€15k=
Reserves13€38k€66k▲
Distributable reserves133€38k€66k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€151k€138k▼
Amounts payable within one year42/48€148k€138k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€116k€86k▼
Suppliers440/4€116k€86k▼
Taxes, remuneration and social security45€31k€52k▲
Taxes450/3€10k€12k▲
Remuneration and social security454/9€21k€40k▲
Other amounts payable47/48€187€187=
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€149k€162k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€16k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€229k€225k▼
Operating profit (loss)9901€63k€45k▼
Financial income75/76B€0€393▲
Recurring financial income75€0€393▲
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€58k€39k▼
Income taxes67/77€10k€11k▲
Profit (loss) for the period9904€48k€28k▼
Profit (loss) for the period to be appropriated9905€48k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€28k▲
Profit (loss) brought forward from the previous period14P€-25k€0▲
Transfer to equity691/2€24k€28k▲
To other reserves6921€24k€28k▲
The notes to these accounts (12 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
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €48k
Net result €48k after 3 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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, Heusden-Zolder · 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.
Koolmijnlaan 243550 Heusden-ZolderGround area
3,779 m²
Building footprint
1,350 m²
Volume, LiDAR
5,047 m³
Parcel 71502B1343/00A000, Flanders · tallest building 5.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DEMI
since 20172.268.794.960
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71502B1343/00A000 | Flanders | 3,779 m² | 1 · 1,350 m² | 5.4 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHeusden-Zolder2.268.794.960
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Of 4,227 companies in sector 10712 we hold annual accounts for 1,870. 1,597 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-09-2017
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.