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DEMO GROUP

Active
Private limited companyfounded 20215 years activeBergensesteenweg 24, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0764.843.020
Summary

The computed 12-month bankruptcy probability of DEMO GROUP is 4.3% (elevated). The 2024 annual accounts show equity of €231,789 and a net result of €25,069. Equity is growing by ~45.4% per year across the filed fiscal years. Its solvency ranks better than 46% of 9,988 sector peers (NACE 41, fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€1.8mturnover 2024
Equity
€231,789
Profit
€25,069
Financial health
48 Fair Checked score 2024
Bankruptcy probability, 12 months
4.3%
Structure
Accounts 68 days overdue1 of 4 deeds read
Why 48- 1 financial year not filed after the legal deadline; latest accounts 62 days late; 3 of the last 3 late- Figures for FY 2024 (filed 02-10-2025)- Founded in 2021- Sector Construction of residential and non-residential buildings (NACE 41)Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 40% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Average
Solvency 63-37
equity 38.2% of total assets
Liquidity 30-60
short-term debt 61.8% · cash 10.0%
Profitability 59-41
return on assets 4.1%
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,367 companies)
Last 24 months 11-2024: 11.1%highest value 12-2024: 11.1%● unchanged vs 11-2024highest value 01-2025: 2.9%▼ -8.2 percentage points vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025 03-2025: 2.9%● unchanged vs 02-2025lowest value 04-2025: 3.3%▲ +0.4 percentage points vs 03-2025 05-2025: 3.7%▲ +0.4 percentage points vs 04-2025 06-2025: 3.6%▼ -0.1 percentage points vs 05-2025 07-2025: 3.6%● unchanged vs 06-2025 08-2025: 4.6%▲ +1.0 percentage point vs 07-2025 09-2025: 4.6%● unchanged vs 08-2025 10-2025: 6.9%▲ +2.3 percentage points vs 09-2025 11-2025: 4.8%▼ -2.1 percentage points vs 10-2025 12-2025: 4.8%● unchanged vs 11-2025 01-2026: 4.8%● unchanged vs 12-2025 02-2026: 4.8%● unchanged vs 01-2026 03-2026: 5.0%▲ +0.2 percentage points vs 02-2026 04-2026: 5.3%▲ +0.3 percentage points vs 03-2026 05-2026: 5.5%▲ +0.2 percentage points vs 04-2026 06-2026: 5.9%▲ +0.4 percentage points vs 05-2026 07-2026: 6.0%▲ +0.1 percentage points vs 06-2026 08-2026: 3.8%▼ -2.2 percentage points vs 07-2026 09-2026: 3.8%● unchanged vs 08-2026 10-2026: 4.3%▲ +0.5 percentage points vs 09-2026
Credit up to €11,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.49 against 5.81 in 2023; short-term debt: 61.8% and cash: 10% of total assets), and 61.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 46% on solvency, 25% on liquidity, 33% on profitability and 56% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
+raises risk○neutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 62 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for FY 2024 (filed 02-10-2025)
NBB · annual accounts
raises risk · Founded in 2021
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
62 days late
2023
134 days late
2022
500 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 232 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)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignation: Berlan Emanuel-Damlan (director)Share transfer · Director discharge
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Result fell in 2024from €162,558 to €25,069 ▼ 84.6% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Positive: Among the best 11% on equitysector median €45,154 · 10,002 companies €231,789 View
  • A director leftlatest change 05-12-2025 · 0 in office 1 left View

By topic

Financials

Fiscal year
2024
Turnover
€1.8m
Profit
€25,069
Solvency
38.2%
Go to Financials

Timeline

Events
6
Since
2023
  1. 12-12-2024Annual accounts filed
  2. 31-12-2023Highest result since 2022
  3. 31-12-2023Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
09-03-2021
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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