DEMIRS
Open bankruptcyA bankruptcy procedure is open for DEMIRS according to publications in the Belgian State Gazette; curator: DIRK LEROUX.
Summary
The 2024 annual accounts show negative equity (-€254,609) and a net result of €144.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ghent division
- Declared bankrupt
- 24 March 2026
- Supervising judge
- Lieven Steel
- Official Gazette
- 30-03-2026 (pdf) ↗search the document for 2026/113788
Deadlines
- Provisional date payments stopped
- 24 March 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 14 April 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 23 April 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 8 May 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 24 March 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Dirk LerouxKortrijksesteenweg 1166, 9051 D Sint-Denijs-Westrem(Gent)dirk.leroux@dl-law.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 26040 sector peers (2024).
NBB · sector comparisonPosition among 26040 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-10-2025, 84 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
84 d late
2023
70 d late
2022
22 d late
2021
31 d late
2020
117 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 65 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Retail sale of cars and light vans (up to 3.5 tonnes) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
-€254,609▲ 0.1%
2023 · -€254,753
Total assets
€19,314▼ 64.3%
2023 · €54,172
Net result
€144
2023 · -€45,946
Working capital
-€265,183▲ 0.7%
2023 · -€266,986
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€31,777--€58,615▼ 84.5%-€123,982▼ 112%-€43,551▲ 64.9%€1,692
Net result-€32,818below the sector's middle half--€61,344below the sector's middle half▼ 86.9%-€127,045below the sector's middle half▼ 107%-€45,946below the sector's middle half▲ 63.8%€144within the sector's middle half
Equity-€20,418below the sector's middle half--€81,762below the sector's middle half▼ 300%-€208,807below the sector's middle half▼ 155%-€254,753below the sector's middle half▼ 22.0%-€254,609below the sector's middle half▲ 0.1%
Total assets€46,250below the sector's middle half-€37,650below the sector's middle half▼ 18.6%€33,744below the sector's middle half▼ 10.4%€54,172below the sector's middle half▲ 60.5%€19,314below the sector's middle half▼ 64.3%
Debt€66,668-€119,413▲ 79.1%€242,551▲ 103%€308,925▲ 27.4%€273,923▼ 11.3%
Working capital-€28,458--€87,185▼ 206%-€216,325▼ 148%-€266,986▼ 23.4%-€265,183▲ 0.7%
Solvency-44.1%below the sector's middle half--217.2%below the sector's middle half▼ 173.0pp-618.8%below the sector's middle half▼ 401.6pp-470.3%below the sector's middle half▲ 148.5pp
Staff (FTE)0.9within the sector's middle half-2.6▲ 189%3.6▲ 38.5%3▼ 16.7%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1,692 after a loss of €43,551 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €19,314
Fixed assets
€10,574 ▼ 13.6%
Current assets
€8,740 ▼ 79.2%
Key figures and ratios
EBITDA
€3,351▲
2023 · -€40,441
Cash flow
€1,804▲
2023 · -€42,836
Current ratio
0.03▼
2023 · 0.14
Debt to equity
-1.08▲
2023 · -1.21
ROA
0.7%▲
2023 · -84.8%
Interest coverage
3.39▲
2023 · -16.89
Debt ≤ 1 year
€273,923▼
2023 · €308,925
Income taxes
€997
Staff costs
€0▼
2023 · €107,007
A ratio outside any meaningful range has been withheld (balance sheet total €19,314, equity -€254,609).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €80,899 | €167,703 | €107,007 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,748 | €2,618 | €2,679 | €3,110 | €1,660 | ▼ 46.6% |
| Other operating charges640/8 | - | €5,781 | €9,067 | €3,550 | €629 | ▼ 82.3% |
| Gross operating margin9900 | €27,197 | €30,682 | €55,468 | €70,116 | €3,980 | ▼ 94.3% |
| Operating profit (loss)9901 | -€31,777 | -€58,615 | -€123,982 | -€43,551 | €1,692 | ▲ 104% |
| Financial income75/76B | - | - | €1 | - | €439 | - |
| Recurring financial income75 | €46 | - | €1 | - | €439 | - |
| Financial charges65/66B | - | €2,729 | €3,063 | €2,395 | €990 | ▼ 58.7% |
| Recurring financial charges65 | €1,087 | €2,729 | €3,063 | €2,395 | €990 | ▼ 58.7% |
| Profit (loss) for the period before taxes9903 | -€32,818 | -€61,344 | -€127,045 | -€45,946 | €1,141 | ▲ 102% |
| Income taxes67/77 | - | - | - | - | €997 | - |
| Profit (loss) for the period9904 | -€32,818 | -€61,344 | -€127,045 | -€45,946 | €144 | ▲ 100% |
| Profit (loss) for the period to be appropriated9905 | -€32,818 | -€61,344 | -€127,045 | -€45,946 | €144 | ▲ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,250 | €37,650 | €33,744 | €54,172 | €19,314 | ▼ 64.3% |
| Fixed assets21/28 | €8,040 | €5,422 | €7,518 | €12,233 | €10,574 | ▼ 13.6% |
| Tangible fixed assets22/27 | €7,540 | €4,922 | €7,018 | €4,763 | €3,103 | ▼ 34.8% |
| Plant, machinery and equipment23 | - | €2,672 | €5,768 | €4,513 | €3,103 | ▼ 31.2% |
| Other tangible fixed assets26 | - | €2,250 | €1,250 | €250 | €0 | ▼ 100% |
| Financial fixed assets28 | €500 | €500 | €500 | €7,470 | €7,470 | = |
| Current assets29/58 | €38,211 | €32,228 | €26,226 | €41,939 | €8,740 | ▼ 79.2% |
| Stocks and contracts in progress3 | €3,464 | - | - | €893 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €893 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €12,768 | €28,919 | €18,129 | €30,688 | €8,740 | ▼ 71.5% |
| Trade receivables40 | - | €28,424 | €18,056 | €30,616 | €8,740 | ▼ 71.5% |
| Other amounts receivable41 | - | €495 | €72 | €72 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €21,978 | €1,526 | €8,098 | €9,861 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | - | €1,783 | - | €496 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,250 | €37,650 | €33,744 | €54,172 | €19,314 | ▼ 64.3% |
| Equity10/15 | -€20,418 | -€81,762 | -€208,807 | -€254,753 | -€254,609 | ▲ 0.1% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€32,818 | -€94,162 | -€221,207 | -€267,153 | -€267,009 | ▲ 0.1% |
| Amounts payable17/49 | €66,668 | €119,413 | €242,551 | €308,925 | €273,923 | ▼ 11.3% |
| Amounts payable within one year42/48 | €66,668 | €119,413 | €242,551 | €308,925 | €273,923 | ▼ 11.3% |
| Trade debts44 | €16,513 | €34,639 | €60,348 | €65,881 | €7,198 | ▼ 89.1% |
| Suppliers440/4 | - | €34,639 | €60,348 | €65,881 | €7,198 | ▼ 89.1% |
| Advances received on contracts in progress46 | - | - | €36,364 | €36,364 | €36,364 | = |
| Taxes, remuneration and social security45 | - | €83,272 | €47,251 | €25,582 | €28,283 | ▲ 10.6% |
| Taxes450/3 | - | €17,994 | €2,480 | €6,338 | €19,314 | ▲ 205% |
| Remuneration and social security454/9 | - | €65,278 | €44,771 | €19,244 | €8,969 | ▼ 53.4% |
| Other amounts payable47/48 | - | €1,503 | €98,588 | €181,098 | €202,078 | ▲ 11.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€32,818 | -€61,344 | -€127,045 | -€45,946 | €144 | ▲ 100% |
| + Depreciation and write-downs630 | €5,748 | €2,618 | €2,679 | €3,110 | €1,660 | ▼ 46.6% |
| Operating cash flow (approximation) | -€27,070 | -€58,727 | -€124,365 | -€42,836 | €1,804 | ▲ 104% |
| Investment in fixed assets (approximation) | - | €0 | -€4,775 | -€7,825 | €0 | ▲ 100% |
| Change in cash | - | -€20,452 | €6,571 | €1,763 | -€9,861 | ▼ 659% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
30-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 24-03-2026
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 84 days late
2024
31-12
Financial
Back to profitnet €144
Net result €144 after 4 loss-making years.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
02-04
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Gent, afdeling Gent · event 26-03-2024
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Weakest financial yearnet -€127,045
Net result drops to -€127,045, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
7 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, Gent · 1 establishment unit since 2019
Ground area
159 m²
Building footprint
159 m²
Volume, LiDAR
1,625 m³
Parcel 44810K0174/00R002, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
DEMIRS
since 20192.287.446.575
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44810K0174/00R002 | Flanders | 159 m² | 1 · 159 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DIRK LEROUX KORTRIJKSESTEENWEG 1166, 9051 D
SINT-DENIJS-WESTREM(GENT) |
24-03-2026 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,664 companies in sector 47811 we hold annual accounts for 5,221. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0724560801
Also
9925:BE0724560801
Registered
27-11-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.