DEMIRAL
ActiveDEMIRAL has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €194k and a net result of €50k. Equity is growing by ~34.5% per year across the filed fiscal years. Its solvency ranks better than 78% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+40
Solvency100▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 2.88 against 2.16 in 2024), and 31.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
68.4%
Return on assets
17.8%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
45 d early
2023
7 d late
2022
1 d late
2021
67 d late
2020
31 d early
2019
17 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€194k▲ 35.1%
2024 · €143k
2018: €25k
2019: €32k
2020: €46k
2021: €52k
2022: €80k
2023: €126k
2024: €143k
2018 → 2025
Total assets
€283k▲ 14.3%
2024 · €248k
2018: €29k
2019: €55k
2020: €61k
2021: €158k
2022: €136k
2023: €236k
2024: €248k
2018 → 2025
Net result
€50k▲ 191%
2024 · €17k
2018: €2k
2019: €8k
2020: €14k
2021: €6k
2022: €27k
2023: €46k
2024: €17k
2018 → 2025
Working capital
€169k▲ 39.3%
2024 · €121k
2018: €10k
2019: €26k
2020: €44k
2021: €43k
2022: €72k
2023: €117k
2024: €121k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€80k▲ 52.6%€126k▲ 58.2%€143k▲ 13.7%€194k▲ 35.1%
Operating result€8k-€39k▲ 381%€65k▲ 64.6%€23k▼ 64.1%€70k▲ 202%
Net result€6k-€27k▲ 383%€46k▲ 69.0%€17k▼ 62.7%€50k▲ 191%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 202% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €283k
Fixed assets
€25k▲ 12.3%
Current assets
€258k▲ 14.5%
Equity and liabilities €283k
Equity
€194k▲ 35.1%
Debt
€90k▼ 14.2%
The debt ratio falls from 42.2% to 31.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€76k▲
2024 · €27k
Cash flow
€56k▲
2024 · €21k
Solvency
68.4%▲
2024 · 57.8%
Current ratio
2.88▲
2024 · 2.16
Quick ratio
2.74▲
2024 · 1.65
Debt / equity
0.46▼
2024 · 0.73
ROE
26.0%▲
2024 · 12.1%
ROA
17.8%▲
2024 · 7.0%
Interest coverage
114.63▲
2024 · 80.06
Debt
€90k▼
2024 · €104k
Debt ≤ 1 year
€90k▼
2024 · €104k
Income taxes
€19k▲
2024 · €6k
Staff costs
€29k▼
2024 · €29k
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€248k€283k▲
Fixed assets21/28€22k€25k▲
Tangible fixed assets22/27€17k€20k▲
Plant, machinery and equipment23€889€8k▲
Furniture and vehicles24€16k€11k▼
Financial fixed assets28€5k€5k=
Current assets29/58€226k€258k▲
Stocks and contracts in progress3€53k€13k▼
Stocks30/36€53k€13k▼
Amounts receivable within one year40/41€153k€173k▲
Trade receivables40€66k€116k▲
Other amounts receivable41€86k€58k▼
Cash at bank and in hand54/58€20k€72k▲
Equity and liabilities
Total equity and liabilities10/49€248k€283k▲
Equity10/15€143k€194k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€123k€173k▲
Amounts payable17/49€104k€90k▼
Amounts payable within one year42/48€104k€90k▼
Trade debts44€76k€53k▼
Suppliers440/4€76k€53k▼
Taxes, remuneration and social security45€27k€35k▲
Taxes450/3€24k€24k▲
Remuneration and social security454/9€4k€12k▲
Other amounts payable47/48€1k€1k=
Income statement
Code20242025
Remuneration, social security and pensions62€29k€29k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€34k€48k▲
Gross operating margin9900€91k€152k▲
Operating profit (loss)9901€23k€70k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€335€659▲
Recurring financial charges65€335€659▲
Profit (loss) for the period before taxes9903€23k€70k▲
Income taxes67/77€6k€19k▲
Profit (loss) for the period9904€17k€50k▲
Profit (loss) for the period to be appropriated9905€17k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€123k€173k▲
Profit (loss) brought forward from the previous period14P€105k€123k▲
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
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €50k ▲191%
Operating result €70k, net result €50k, both a record.
31-12
Financial
Equity above €150kEq €194k ▲35.1%
8 profitable years in a row build equity to €194k.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Equity above €100kEq €126k ▲58.2%
6 profitable years in a row build equity to €126k.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 67 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Schaarbeek · 1 establishment unit since 2020
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.
Josaphatstraat 1891030 SchaarbeekGround area
139 m²
Building footprint
89 m²
Volume, LiDAR
1,134 m³
Parcel 21906D0325/00R000, Brussels · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Meatin
since 20202.310.072.717
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0325/00R000 | Brussels | 139 m² | 1 · 89 m² | 15.6 m · 4 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 siteSchaarbeek2.310.072.717
Similar companies · same sector, comparable size
WAVA RETAIL
BE 0536.453.352
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ABIJOMA
BE 0875.282.666
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Il Pinguino
BE 0782.495.238
Leuven · Eq €193k
AKTAN A.L.C.
BE 0800.731.832
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PROXY DE MEYER
BE 0552.596.330
De Panne · Eq €194k
Of 10,409 companies in sector 47110 we hold annual accounts for 5,787. 4,219 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-1994
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47221Retail sale of meat and meat products, excluding game and poultry
52112
Sources
Crossroads Bank for EnterprisesNational Bank · 25 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.