DEMINGWAY
ActiveDEMINGWAY has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €270k and a net result of €79k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
93
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.73 against 2.4 in 2023), and 32.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
43 d early
2022
35 d early
2021
26 d early
2020
38 d early
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€270k▲ 30.5%
2023 · €207k
2018: €89k
2019: €104k
2020: €97k
2021: €113k
2022: €134k
2023: €207k
2018 → 2024
Total assets
€402k▲ 11.0%
2023 · €362k
2018: €273k
2019: €260k
2020: €276k
2021: €275k
2022: €271k
2023: €362k
2018 → 2024
Net result
€79k▼ 8.6%
2023 · €87k
2018: €12k
2019: €16k
2020: €21k
2021: €47k
2022: €37k
2023: €87k
2018 → 2024
Working capital
€132k▲ 79.7%
2023 · €73k
2018: €43k
2019: €52k
2020: €39k
2021: €42k
2022: €55k
2023: €73k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€97k-€113k▲ 17.2%€134k▲ 18.4%€207k▲ 54.2%€270k▲ 30.5%
Operating result€33k-€68k▲ 108%€55k▼ 19.4%€124k▲ 126%€118k▼ 5.1%
Net result€21k-€47k▲ 122%€37k▼ 21.7%€87k▲ 135%€79k▼ 8.6%
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 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €402k
Fixed assets
€222k▼ 6.1%
Current assets
€180k▲ 43.0%
Equity and liabilities €402k
Equity
€270k▲ 30.5%
Debt
€131k▼ 15.1%
The debt ratio falls from 42.7% to 32.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€136k▼
2023 · €139k
Cash flow
€97k▼
2023 · €101k
Solvency
67.3%▲
2023 · 57.3%
Current ratio
3.73▲
2023 · 2.40
Quick ratio
3.73▲
2023 · 2.40
Debt / equity
0.49▼
2023 · 0.75
ROE
29.3%▼
2023 · 41.8%
ROA
19.7%▼
2023 · 23.9%
Interest coverage
29.26▼
2023 · 62.00
Debt
€131k▼
2023 · €155k
Debt ≤ 1 year
€48k▼
2023 · €53k
Debt > 1 year
€83k▼
2023 · €102k
Income taxes
€34k▼
2023 · €35k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€362k€402k▲
Fixed assets21/28€236k€222k▼
Tangible fixed assets22/27€236k€222k▼
Land and buildings22€175k€175k=
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€59k€41k▼
Other tangible fixed assets26-€4k
Current assets29/58€126k€180k▲
Amounts receivable within one year40/41€41k€51k▲
Trade receivables40€36k€49k▲
Other amounts receivable41€5k€3k▼
Cash at bank and in hand54/58€84k€127k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€362k€402k▲
Equity10/15€207k€270k▲
Contributions10/11€6k€6k=
Reserves13€201k€264k▲
Distributable reserves133€201k€264k▲
Amounts payable17/49€155k€131k▼
Amounts payable after more than one year17€102k€83k▼
Financial debts170/4€102k€83k▼
Amounts payable within one year42/48€53k€48k▼
Current portion of amounts payable after more than one year42€21k€20k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€17k€11k▼
Taxes450/3€17k€11k▼
Other amounts payable47/48€13k€16k▲
Accrued charges and deferred income492/3€144-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€18k▲
Other operating charges640/8€2k€806▼
Non-recurring operating charges66A€126€430▲
Gross operating margin9900€140k€137k▼
Operating profit (loss)9901€124k€118k▼
Financial income75/76B€7€11▲
Recurring financial income75€7€11▲
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€122k€113k▼
Income taxes67/77€35k€34k▼
Profit (loss) for the period9904€87k€79k▼
Profit (loss) for the period to be appropriated9905€87k€79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€87k€79k▼
Transfer from equity791/2€12k€15k▲
Transfer to equity691/2€85k€78k▼
To other reserves6921€85k€78k▼
Profit to be distributed694/7€14k€16k▲
Return on contributions (dividend)694€14k€16k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €87k ▲135%
Operating result €124k, net result €87k, both a record.
31-12
Financial
Equity above €200kEq €207k ▲54.2%
6 profitable years in a row build equity to €207k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €113k ▲17.2%
4 profitable years in a row build equity to €113k.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €104k ▲16.4%
2 profitable years in a row build equity to €104k.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Kruisem · 1 establishment unit since 2015
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.
Duffelstraat(KRU) 149770 KruisemGround area
3,126 m²
Building footprint
197 m²
Volume, LiDAR
733 m³
Parcel 45017C1082/00C000, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DEMINGWAY
since 20152.237.958.264
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017C1082/00C000 | Flanders | 3,126 m² | 1 · 196 m² | 7.9 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.
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ESG BELGIUM
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Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 13,959 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2015
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.