Equity
€996,483 ▲ 12.3%
Demius has made a profit in every financial year since 2016.
Demius
Lifetime
9 annual accounts with figures on one time axispeak €308,261 (2024)
€308,261▲ 1.0%
peak €165,284 (2023)
€163,125▼ 1.3%
peak €996,483 (2024)
€996,483▲ 12.3%
€185,892▼ 24.3%
Board2 names since 2016
2 directorsDevloo Dave Joseph-Camiel and 1 other
Documentsfilings and deeds
30-07-20251 day before the deadline
2024micro format
Dividend €54,298Equity from €887,655 to €996,483Debts from €245,407 to €185,892Cash from €141,191 to €233,471
Key points
from the 2024 annual accountsChecked score
56
Fair
Financially stronger than 63% of micro companies in legal and accounting (NACE 69)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 31-07-2025)
lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: current ratio 7.95, cash €233,471
Equity €996,483 (84.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 87% of them on solvency, 64% on liquidity, 45% on profitability and 57% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as Demius has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of Demius itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for Demius. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €55,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 7.95 (3.06 in 2023), above the usual 1.5. Short-term debt is 4.7% and cash 19.7% of total assets. 15.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 9 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
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 30-07-2025, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
1 day early
2023
33 days early
2022
21 days early
2021
32 days early
2020
3 days late
2019
68 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 3 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0647713540
Appointments: Devloo Dave Joseph-Camiel (director) and Vanfleteren Eline (director)
General meeting of 17-11-2023 · Gazette deed
Registered office moved from Diksmuide to Torhout
New registered office: Korenbloemstraat 55, 8820 Torhout · Previous registered office: Woumenweg 92, 8600 Diksmuide · Board meeting of 16-01-2019 · Gazette deed
Incorporation
published on 04-02-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Demius Torhout | €1.2m | €308,261 | 84.3% | - |
| Advocatenkantoor Kris Wellekens Ghent | €1.2m | €321,741 | 14.7% | - |
| Simon Troch Advocaat Brussels | €1.2m | €289,201 | 6.4% | - |
| Vander Schelden & Nottebaert Oudenaarde | €1.1m | €284,653 | 12.6% | - |
| Lady At Work Lokeren | €1.2m | €331,196 | 28.9% | - |
| Stefaan Raes Brussels | €1.2m | €276,249 | 72.8% | - |
| ADVOCATENKANTOOR NICK HEINEN Schoten | €1.0m | €281,379 | 32.0% | - |
These companies have the same main activity as Demius: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €1m and €1.2m, founded between 2015 and 2016.
Official details
Source: KBO- Status
- Active since 02-02-2016Normal situation
- Activity
- Activities of lawyersNACE 69101
- Establishment unit
- 2.250.169.2778820 Torhout, since 02-02-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 10-02-2026
Insights on Demius
Demius files the micro format. That format states no turnover. The gross margin rose from €21,913 in 2016 to €308,261 in 2024.
The balance sheet grew most from 2017 to 2019 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Demius
- What is the company number of Demius?
- The company number of Demius is 0647.713.540. The VAT number is the same number with BE in front: BE 0647.713.540.
- Where is Demius based?
- The registered office is at Korenbloemstraat 55, 8820 Torhout.Company details
- What does Demius do?
- According to the KBO register, the main activity is activities of lawyers (NACE 69101).
- What is the legal form of Demius?
- Demius is a private limited company (BV).
- When was Demius founded?
- Demius was founded on 02-02-2016.
- Is Demius still active?
- Yes, Demius is an active enterprise in the KBO register.
- What is the turnover of Demius?
- The turnover in financial year 2024 is ≈ €530,000. This figure is estimated from the gross margin of €308,261 and 35 comparable companies (NACE 69). It probably lies between €440,000 and €630,000.Financials
- Is Demius profitable?
- In financial year 2024, Demius made a profit of €163,125.
- Where can I find the annual accounts of Demius?
- Demius filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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