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Demico

Active Risk: low
Limited partnershipfounded 2018active for 7 yearsSpinetstraat 19, 8540 Deerlijk, BelgiumKBO/BCE: BE 0715.409.741
Summary

Demico has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €8,018 and a net result of €7,018. Its solvency ranks better than 50% of 13,987 sector peers (NACE 68, financial year 2020). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€25,836total assets 2020
Equity
€8,018
Profit
€7,018
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
0.9%
2020 figures too old to score
Structure
Accounts 36 days early1 of 3 deeds read
Signalsraises riskFigures for financial year 2020 (filed 30-03-2021)Founded in 2018lowers riskSector: Real estate activities (NACE 68)Legal form: limited partnershipneutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Financial strength, FY 2020
Strong
Solvency 56
equity 31.0% of total assets
Liquidity 27
short-term debt 69.0% · cash 11.0%
Profitability 100
return on assets 27.2%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,610 companies, NACE 68, micro)
Last 24 months 11-2024: 0.9%lowest value 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026highest value 10-2026: 0.9%● unchanged vs 09-2026highest value
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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2020 (filed 30-03-2021)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Legal form: limited partnership
KBO
raises risk · Founded in 2018
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 25-03-2021, 36 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2020
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2020 accounts 36 days before the deadline; the sector median (NACE 68) for financial year 2020 is 3 days before the deadline, and 42% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Algemene Vergadering - BoekjaarPower of attorney
  2. Annual accounts filedfinancial year 2020 · micro…

Key points

  • Active since 2018founded 03-12-2018 7 years View
  • Total assets 2020first financial year filed €25,836 View

By topic

Financials

Financial year
2020
Total assets
€25,836
Profit
€7,018
Solvency
31.0%
Go to Financials

Company details

Sites
1
Legal form
Limited partnership
Activity
Development of residential building projectsNACE 68121
Founded
03-12-2018
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Financial year
From 1 January to 31 December
Annual meeting
Third Saturday of June at 14:00
Go to Articles of association

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