DEMI PROJECTS
Open bankruptcySummary
A bankruptcy procedure is open for DEMI PROJECTS according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2024 annual accounts show equity of €171k and a net result of €33k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 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
not confirmed
2024
63 d late
2023
64 d late
2022
107 d late
2021
26 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€171k▲ 24.4%
2023 · €137k
2021: €26k
2022: €78k
2023: €137k
2021 → 2024
Total assets
€234k▲ 9.9%
2023 · €213k
2021: €60k
2022: €152k
2023: €213k
2021 → 2024
Net result
€33k▼ 43.4%
2023 · €59k
2021: €24k
2022: €52k
2023: €59k
2021 → 2024
Working capital
€161k▲ 35.8%
2023 · €118k
2021: €22k
2022: €38k
2023: €118k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€26k-€78k▲ 197%€137k▲ 76.0%€171k▲ 24.4%
Operating result€31k-€72k▲ 134%€108k▲ 50.1%€45k▼ 58.3%
Net result€24k-€52k▲ 115%€59k▲ 14.5%€33k▼ 43.4%
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 2024; 2024 is 58% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €234k
Fixed assets
€10k ▼ 53.1%
Current assets
€224k ▲ 16.7%
Equity and liabilities €234k
Equity
€171k ▲ 24.4%
Debt
€63k ▼ 16.3%
Debt's share of the balance-sheet total falls from 35.6% to 27.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€56k▼
2023 · €129k
Cash flow
€44k▼
2023 · €80k
Current ratio
3.54▲
2023 · 2.61
Debt to equity
0.37▼
2023 · 0.55
ROE
19.6%▼
2023 · 43.2%
ROA
14.3%▼
2023 · 27.8%
Interest coverage
31.48▲
2023 · 4.48
Debt ≤ 1 year
€63k▼
2023 · €74k
Income taxes
€10k▼
2023 · €20k
Staff costs
€9k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€213k€234k▲
Fixed assets21/28€21k€10k▼
Tangible fixed assets22/27€18k€7k▼
Plant, machinery and equipment23€1k€788▼
Furniture and vehicles24€17k€6k▼
Financial fixed assets28€3k€3k=
Current assets29/58€192k€224k▲
Amounts receivable within one year40/41€188k€220k▲
Trade receivables40€169k€167k▼
Other amounts receivable41€19k€53k▲
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1€2k€312▼
Equity and liabilities
Total equity and liabilities10/49€213k€234k▲
Equity10/15€137k€171k▲
Contributions10/11€2k€2k=
Reserves13€76k€168k▲
Distributable reserves133€76k€168k▲
Profit (loss) carried forward14€59k-
Amounts payable17/49€76k€63k▼
Amounts payable within one year42/48€74k€63k▼
Trade debts44€8k€11k▲
Suppliers440/4€8k€11k▲
Taxes, remuneration and social security45€66k€52k▼
Taxes450/3€48k€37k▼
Remuneration and social security454/9€18k€14k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Non-recurring operating income76A€2k€2k▼
Remuneration, social security and pensions62€5k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€11k▼
Other operating charges640/8€5k€2k▼
Gross operating margin9900€138k€67k▼
Operating profit (loss)9901€108k€45k▼
Financial income75/76B€318€60▼
Recurring financial income75€318€60▼
Financial charges65/66B€29k€2k▼
Recurring financial charges65€29k€2k▼
Profit (loss) for the period before taxes9903€79k€43k▼
Income taxes67/77€20k€10k▼
Profit (loss) for the period9904€59k€33k▼
Profit (loss) for the period to be appropriated9905€59k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€93k▲
Profit (loss) brought forward from the previous period14P-€59k
Transfer to equity691/2€0€93k▲
To other reserves6921€0€93k▲
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
2025
29-10
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · DEMI PROJECTS BV WEG MESSELBROEK 125, 3271 SCHERPENHEUVEL-ZICHEM · event 23-10-2025
20-10
KBO administration
Address struck
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
2024
31-12
Financial
Equity above €150kEq €171k ▲24.4%
4 profitable years in a row build equity to €171k.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Highest result since 2021net €59k ▲14.5%
Operating result €108k, net result €59k, both a record.
31-12
Financial
Equity above €100kEq €137k ▲76%
3 profitable years in a row build equity to €137k.
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 107 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
SignalFinancial 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
1 establishment unit since 2021
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.
Ground area
4,848 m²
Building footprint
1,432 m²
Volume, LiDAR
5,958 m³
2 parcels, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEMI PROJECTS
since 20212.317.808.169
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24129D0487/00H002 | Flanders | 3,911 m² | 1 · 1,288 m² | 12.9 m · 1 fl. |
| 24005D0242/00B004 | Flanders | 938 m² | 1 · 144 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | DIRK DE MAESENEER ENGELS PLEIN 35,
3000 LEUVEN |
23-10-2025 → present |
| Curator | SVEN DE MAESE-
NEER ENGELS PLEIN 35, 3000 LEUVEN- |
23-10-2025 → present |
| Curator | STEVEN NYSTEN ENGELS
PLEIN 35, 3000 LEUVEN |
23-10-2025 → present |
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Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 1,323 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43110Demolition
43120Site preparation
43320Joinery installation
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.