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DEMIS

Active
Private limited company (pre-2019)founded 200223 yrs activeAntwerpsesteenweg 828, 9040 Gent, BelgiumKBO/BCE: BE 0478.911.170

DEMIS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €462k and a net result of €77k. Equity is growing by ~20.7% per year across the filed fiscal years. Its solvency ranks better than 63% of 11612 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
84 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+4
Solvency93▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.66 in 2023; short-term debt: 16.2% and cash: 4.8% of total assets), and 32.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
67.6%
Return on assets
11.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
91 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€462k▲ 20.0%
2023 · €385k
2018: €88k 2019: €155k 2020: €241k 2021: €287k 2022: €330k 2023: €385k
2018 → 2024
Total assets
€683k▲ 4.2%
2023 · €656k
2018: €695k 2019: €724k 2020: €769k 2021: €703k 2022: €783k 2023: €656k
2018 → 2024
Net result
€77k▲ 40.5%
2023 · €55k
2018: €22k 2019: €67k 2020: €85k 2021: €46k 2022: €43k 2023: €55k
2018 → 2024
Working capital
€-9k▲ 71.2%
2023 · €-32k
2018: €-89k 2019: €-58k 2020: €-10k 2021: €-19k 2022: €-41k 2023: €-32k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€241k-€287k▲ 19.2%€330k▲ 15.1%€385k▲ 16.6%€462k▲ 20.0%
Operating result€137k-€76k▼ 44.9%€70k▼ 7.0%€91k▲ 29.5%€120k▲ 31.7%
Net result€85k-€46k▼ 45.8%€43k▼ 6.6%€55k▲ 27.0%€77k▲ 40.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2020: €137k€137kNet result 2020: €85k€85kOperating result 2021: €76k€76kNet result 2021: €46k€46kOperating result 2022: €70k€70kNet result 2022: €43k€43kOperating result 2023: €91k€91kNet result 2023: €55k€55kOperating result 2024: €120k€120kNet result 2024: €77k€77k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 32% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €683k
Fixed assets €582k▼ 1.9%
Current assets €101k▲ 61.7%
Equity and liabilities €683k
Equity €462k▲ 20.0%
Debt €221k▼ 18.4%
The debt ratio falls from 41.3% to 32.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€140k
2023 · €121k
Cash flow
€97k
2023 · €85k
Solvency
67.6%
2023 · 58.7%
Current ratio
0.92
2023 · 0.66
Quick ratio
0.92
2023 · 0.66
Debt / equity
0.48
2023 · 0.70
ROE
16.7%
2023 · 14.3%
ROA
11.3%
2023 · 8.4%
Interest coverage
10.85
2023 · 10.76
Debt
€221k
2023 · €271k
Debt ≤ 1 year
€111k
2023 · €95k
Debt > 1 year
€92k
2023 · €158k
Income taxes
€34k
2023 · €30k
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€656k€683k
Fixed assets21/28€593k€582k
Tangible fixed assets22/27€368k€357k
Land and buildings22€340k€334k
Plant, machinery and equipment23€12k€11k
Furniture and vehicles24€17k€12k
Financial fixed assets28€225k€225k=
Current assets29/58€63k€101k
Amounts receivable within one year40/41€52k€69k
Trade receivables40€52k€69k
Cash at bank and in hand54/58€11k€33k
Equity and liabilities
Total equity and liabilities10/49€656k€683k
Equity10/15€385k€462k
Contributions10/11€19k€19k=
Reserves13€352k€429k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€6k€6k=
Distributable reserves133€345k€422k
Profit (loss) carried forward14€14k€14k
Amounts payable17/49€271k€221k
Amounts payable after more than one year17€158k€92k
Financial debts170/4€158k€92k
Amounts payable within one year42/48€95k€111k
Current portion of amounts payable after more than one year42€22k€19k
Trade debts44€2k€7k
Suppliers440/4€2k€7k
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€68k€82k
Taxes450/3€66k€79k
Remuneration and social security454/9€3k€3k
Other amounts payable47/48€3k€3k
Accrued charges and deferred income492/3€18k€19k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€20k
Other operating charges640/8€5k€6k
Gross operating margin9900€126k€146k
Operating profit (loss)9901€91k€120k
Financial income75/76B€5k€4k
Recurring financial income75€5k€4k
Financial charges65/66B€11k€13k
Recurring financial charges65€11k€13k
Profit (loss) for the period before taxes9903€84k€111k
Income taxes67/77€30k€34k
Profit (loss) for the period9904€55k€77k
Profit (loss) for the period to be appropriated9905€55k€77k
Appropriation of the result
Profit (loss) to be appropriated9906€69k€91k
Profit (loss) brought forward from the previous period14P€14k€14k
Transfer to equity691/2€55k€77k
To other reserves6921€55k€77k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Highest result since 2018net €85k ▲27.6%
Operating result €137k, net result €85k, both a record.
31-12
Financial Equity above €200kEq €241k ▲55.1%
3 profitable years in a row build equity to €241k.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial Equity above €150kEq €155k ▲75.9%
2 profitable years in a row build equity to €155k.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
20-06
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, Gent · 1 establishment unit since 2016
establishment The establishment unit on the map
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.

Antwerpsesteenweg 8289040 Gent
Ground area
1,053 m²
Building footprint
208 m²
Parcel 44432C0307/00D002, Flanders. Linked by address, not a title deed.
1 establishment unit
DEMIS
Antwerpsesteenweg 828, 9040 GentActivities auxiliary to financial services and insurance activities
since 20162.258.407.547
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44432C0307/00D002 Flanders 1,053 m² 1 · 208 m² -
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.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 3 entries · 11,814 EUR awarded · 11,814 EUR paid
Year Entries awardedpaid
2024 1 3,905 EUR3,905 EUR
2023 1 4,669 EUR4,669 EUR
2022 1 3,240 EUR3,240 EUR
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
3 entries · 11,814 EUR · 11,814 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

9845006A7CC94I5E8D86
live in the LEI register

Similar companies · same sector, comparable size

Of 18,252 companies in sector 71111 we hold annual accounts for 6,319. 4,113 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded02-12-2002
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.