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DEMOCO

Active
Public limited companyfounded 1990active for 36 yearsHerkenrodesingel 4B, 3500 Hasselt, Belgium46 active companies are registered at this addressKBO/BCE: BE 0440.712.867
Summary

DEMOCO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.6m and a net result of €2.7m. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 36% of 1,013 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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DEMOCOActiveChecked score 69/100
Risk analysis ReportCompare

History

DEMOCO was incorporated on 7 June 1990.1 The board currently has 6 members; FBConstruct has served longest, since 2013.2 Turnover fell from €226.7m in 2018 to €188.3m in 2025 and headcount from 308 to 242 full-time equivalents.3

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2Belgian Official Gazette, 12-09-2022
  3. 3National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
27-08
Gazette deed Reappointment: Democo Group NV (director)
Permanent representatives: Philip Demot, Sarah Houben and 3 others12 facts ▸
  • General meeting, 12-06-2026
  • Director reappointment, Democo Group NV (director)
  • Permanent representative, Philip Demot
  • Board composition, Democo Group NV (lid raad van bestuur)
  • Board composition, Sarkri NV (lid raad van bestuur)
  • Board composition, TDevelopment BV (lid raad van bestuur)
  • Board composition, Rafine BV (lid raad van bestuur)
  • Board composition, ArNaSa BV (lid raad van bestuur)
  • Permanent representative, Sarah Houben
  • Permanent representative, Thibaud Demot
  • Permanent representative, Raf Houben
  • Permanent representative, Jochen Willen
22-06
NBB filing Annual accounts filed
financial year 2025 · full format
04-03
Gazette deed Resignation: MaLiBe BV (director)
7 facts ▸
  • General meeting, 17-12-2025
  • Director resignation, MaLiBe BV (director)
  • Board composition, Democo Group NV (director)
  • Board composition, Sarkri BV (director)
  • Board composition, TDevelopment BV (director)
  • Board composition, Rafine BV (director)
  • Board composition, ArNaSa BV (director)
2025
17-10
Gazette deed Appointment: BDO Bedrijfsrevisoren (statutory auditor)
4 facts ▸
  • General meeting, 24-06-2025
  • Auditor appointment, BDO Bedrijfsrevisoren (statutory auditor)
  • Other provision, “vertegenwoordigd door”, auditor representative (deed in Dutch) (2 times)
  • Other provision, “vertegenwoordigd door”, representation (deed in Dutch) (2 times)
04-06
NBB filing Annual accounts filed
financial year 2024 · full format
14-03
Gazette deed Appointment: ArNaSa BV (director)
Permanent representatives: Jochen Willen, Philip Demot and 4 others · Power of attorney31 facts ▸
  • General meeting, 11-02-2025
  • Director appointment, ArNaSa BV (director)
  • Permanent representative, Jochen Willen
  • Board composition, Democo Group NV (director)
  • Permanent representative, Philip Demot
  • Board composition, Sarkri BV (director)
  • Permanent representative, Sarah Houben
  • Board composition, MaLiBe BV (director)
  • Permanent representative, Johan Van Den Broeck
  • Board composition, TDevelopment BV (director)
  • Permanent representative, Thibaud Demot
  • Board composition, Rafine BV (director)
  • +19 further facts in this act
2024
31-12
Financial Back to profitnet €3.2m
Net result €3.2m after 2 loss-making years.
31-12
Financial Equity above €10mequity €12.9m ▲33%
Equity rises from €9.7m to €12.9m.
09-09
Gazette deed Resignation: Tiga-R NV (director)
Permanent representatives: Rudy Houben, Raf Houben and 4 others · Appointment: Rafine BV (director)14 facts ▸
  • General meeting, 10-07-2024
  • Director resignation, Tiga-R NV (director)
  • Permanent representative, Rudy Houben
  • Director appointment, Rafine BV (director)
  • Permanent representative, Raf Houben (2 times)
  • Board composition, Democo Group NV (director)
  • Permanent representative, Philip Demot
  • Board composition, Sarkri BV (director)
  • Permanent representative, Sarah Houben
  • Board composition, MaLiBe BV (director)
  • Permanent representative, Johan Van Den Broeck
  • Board composition, TDevelopment BV (director)
  • +2 further facts in this act
11-07
NBB filing Annual accounts filed
financial year 2023 · full format
26-06
Gazette deed Resignation: FBConstruct BV (director)
Permanent representatives: Philip Demot, Rudy Houben and 4 others · Director discharge15 facts ▸
  • General meeting, 05-03-2024
  • Director resignation, FBConstruct BV (director)
  • Board composition, Democo Group NV (director)
  • Permanent representative, Philip Demot
  • Board composition, Tiga-R NV (director)
  • Permanent representative, Rudy Houben
  • Board composition, Sarkri BV (director)
  • Permanent representative, Sarah Houben
  • Board composition, MaLiBe BV (director)
  • Permanent representative, Johan Van Den Broeck
  • Board composition, TDevelopment BV (director)
  • Permanent representative, Thibaud Demot
  • +3 further facts in this act
13-03
Gazette deed Amendment of the articles
Capital · Power of attorney4 facts ▸
  • General meeting, 27-12-2023
  • Amendment of the articles (2 times)
  • Capital, €5,000,000
  • Power of attorney, BAPTIST Annelies
Show earlier events
2023
23-11
Gazette deed Permanent representatives: Sarah Houben, Rudy Houben and Johan Van den Broeck
Permanent representative cessation5 facts ▸
  • General meeting, 03-08-2023
  • Permanent representative, Sarah Houben
  • Permanent representative cessation, 04-08-2023
  • Permanent representative, Rudy Houben
  • Permanent representative, Johan Van den Broeck
03-08
NBB filing Annual accounts filed
financial year 2022 · full format · 3 days late
12-07
Gazette deed Permanent representatives: Bijnens Frederik and Demot Philip
Share transfer · Sole shareholder4 facts ▸
  • Share transfer, previous shareholder of DEMOCO, not named → DEMOCO GROUP
  • Permanent representative, Bijnens Frederik
  • Permanent representative, Demot Philip
  • Sole shareholder
10-03
Gazette deed Resignations & appointments
Power of attorney2 facts ▸
  • Board meeting, 13-02-2023
  • Power of attorney
2022
31-12
Financial Weakest financial yearnet -€12.9m
Net result drops to -€12.9m, the lowest in the series; recovery starts the following year.
12-09
Gazette deed Reappointments: FB Construct BV (director) and BDO Bedrijfsrevisoren BV (statutory auditor)
Permanent representatives: Frederik Bijnens, Philip Demot and 4 others · Appointment: FB Construct BV (managing director)17 facts ▸
  • General meeting, 22-06-2022
  • Director reappointment, FB Construct BV (director)
  • Permanent representative, Frederik Bijnens
  • Auditor reappointment, BDO Bedrijfsrevisoren BV
  • Board meeting, 22-06-2022
  • Director appointment, FB Construct BV (managing director)
  • Board composition, FB Construct BV (managing director)
  • Board composition, Democo Group NV (director)
  • Board composition, Tiga-R NV (director)
  • Board composition, Sarkri NV (director)
  • Board composition, TDevelopment NV (director)
  • Board composition, MaLiBe BV (director)
  • +5 further facts in this act
08-07
NBB filing Annual accounts filed
financial year 2021 · full format
12-04
Gazette deed Resignations: Rudy Houben, Ronny Houben and Thibaud Demot
Appointments: Tiga-R NV, Sarkri NV and 2 others · Permanent representatives: Rudy Houben, Ronny Houben and 4 others20 facts ▸
  • General meeting, 21-02-2022
  • Director resignation, Rudy Houben (director)
  • Director resignation, Ronny Houben (director)
  • Director resignation, Thibaud Demot (director)
  • Director appointment, Tiga-R NV (director)
  • Permanent representative, Rudy Houben
  • Director appointment, Sarkri NV (director)
  • Permanent representative, Ronny Houben
  • Director appointment, TDevelopment BV (director)
  • Permanent representative, Thibaud Demot
  • Director appointment, MaLiBe BV (director)
  • Permanent representative, Johannes Van Den Broeck
  • +8 further facts in this act
2021
14-07
Gazette deed Appointments: FBConstruct BV (managing director) and Thibaud Demot (director)
Permanent representatives: Frederik Bijnens and Philip Demot · Resignations: Rudy Houben, Democo Group NV and 2 others15 facts ▸
  • Board meeting, 26-04-2021
  • Director appointment, FBConstruct BV (managing director)
  • Permanent representative, Frederik Bijnens
  • Director resignation, Rudy Houben (managing director)
  • Director resignation, Democo Group NV (managing director)
  • Permanent representative, Philip Demot
  • General meeting, 26-05-2021
  • Director resignation, Michel Demot (director)
  • Director resignation, Danielle Demot (director)
  • Director appointment, Thibaud Demot (director)
  • Board composition, FBConstruct BV (managing director)
  • Board composition, Democo Group NV (director)
  • +3 further facts in this act
25-06
NBB filing Annual accounts filed
financial year 2020 · full format
2020
08-07
Gazette deed Reappointments: Rudy Houben, Democo Group nv and Daniëlle Demot
Permanent representative: Philip Demot · Ratification9 facts ▸
  • Board meeting, 27-04-2020
  • Director reappointment, Rudy Houben (managing director)
  • Director reappointment, Democo Group nv (managing director)
  • Permanent representative, Philip Demot
  • General meeting, 27-05-2020
  • Director reappointment, Rudy Houben (director)
  • Director reappointment, Daniëlle Demot (director)
  • Director reappointment, Democo Group nv (director)
  • Ratification, “ratification of all legal acts performed as gedelegeerd bestuurder up to the present” (deed in Dutch) (2 times)
26-06
NBB filing Annual accounts filed
financial year 2019 · full format
10-01
Gazette deed Resignation: Philip Demot (director)
Permanent representative: Philip Demot · Power of attorney4 facts ▸
  • General meeting, 16-12-2019
  • Director resignation, Philip Demot (director)
  • Permanent representative, Philip Demot
  • Power of attorney, Eubelius CVBA (2 times)
2019
05-12
Gazette deed Reappointment: BDO Bedrijfsrevisoren CVBA (statutory auditor)
Permanent representative: Philip Demot3 facts ▸
  • General meeting, 24-10-2019
  • Auditor reappointment, BDO Bedrijfsrevisoren CVBA
  • Permanent representative, Philip Demot
26-06
NBB filing Annual accounts filed
financial year 2018 · full format
2018
04-10
Gazette deed Reappointments: Demot Michel (director) and Houben Ronny (director)
Appointments: Rudy Houben (gedelegeerd bestuurder) and Democo Group nv (gedelegeerd bestuurder) · Permanent representative: Philip Demot6 facts ▸
  • General meeting, 30-05-2018
  • Director reappointment, Demot Michel (director)
  • Director reappointment, Houben Ronny (director)
  • Director appointment, Rudy Houben (gedelegeerd bestuurder)
  • Director appointment, Democo Group nv (gedelegeerd bestuurder)
  • Permanent representative, Philip Demot
27-06
NBB filing Annual accounts filed
financial year 2017 · full format
13-02
Gazette deed Resignation: KPMG Bedrijfsrevisoren (statutory auditor)
Appointment: BDO Bedrijfsrevisoren (statutory auditor) · Permanent representative: Michel Demot · Director discharge5 facts ▸
  • General meeting, 28-04-2017
  • Director resignation, KPMG Bedrijfsrevisoren (statutory auditor)
  • Director discharge, KPMG Bedrijfsrevisoren
  • Director appointment, BDO Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Michel Demot
2017
26-06
NBB filing Annual accounts filed
financial year 2016 · full format
2016
21-10
Gazette deed Appointment: FBCONSTRUCT BVBA (director)
Permanent representative: Frederik Bijnens3 facts ▸
  • General meeting, 25-05-2016
  • Director appointment, FBCONSTRUCT BVBA (director)
  • Permanent representative, Frederik Bijnens
09-08
Gazette deed Reappointment: FB Construct bvba (director)
Permanent representative: Frederik Bijnens3 facts ▸
  • Board meeting, 22-04-2016
  • Director reappointment, FB Construct bvba (director)
  • Permanent representative, Frederik Bijnens
2015
18-11
Gazette deed Reappointments: NV Democo Group (gedelegeerd bestuurder) and Rudy Houben (gedelegeerd bestuurder)
Permanent representative: Philip Demot4 facts ▸
  • Board meeting, 27-05-2015
  • Director reappointment, NV Democo Group (gedelegeerd bestuurder)
  • Permanent representative, Philip Demot
  • Director reappointment, Rudy Houben (gedelegeerd bestuurder)
25-09
Gazette deed Appointment: NV Democo Group (gedelegeerd bestuurder)
Permanent representative: Philip Demot3 facts ▸
  • General meeting, 27-05-2015
  • Director appointment, NV Democo Group (gedelegeerd bestuurder)
  • Permanent representative, Philip Demot
2014
28-07
Gazette deed Appointment: KPMG & Partners (statutory auditor)
Permanent representative: Wim Heyndrickx · Reappointments: Danielle Demot, Philip Demot and Rudy Houben6 facts ▸
  • General meeting, 28-05-2014
  • Auditor appointment, KPMG & Partners (statutory auditor)
  • Permanent representative, Wim Heyndrickx
  • Director reappointment, Danielle Demot (director)
  • Director reappointment, Philip Demot (director)
  • Director reappointment, Rudy Houben (managing director)
14-04
Gazette deed Permanent representative: Frederik Bijnens
2 facts ▸
  • Board meeting, 22-05-2013
  • Permanent representative, Frederik Bijnens
2013
02-08
Gazette deed Appointment: FBConstruct bvba (director)
Permanent representative: Frederik Bijnens3 facts ▸
  • General meeting, 29-05-2013
  • Director appointment, FBConstruct bvba (director)
  • Permanent representative, Frederik Bijnens
2012
03-08
Gazette deed Appointments: Michel Demot (director) and Ronny Houben (director)
3 facts ▸
  • General meeting, 30-05-2012
  • Director appointment, Michel Demot (director)
  • Director appointment, Ronny Houben (director)
2011
02-08
Gazette deed Appointment: KPMG & Partners (statutory auditor)
Permanent representative: Wim Heyndrickx3 facts ▸
  • General meeting, 25-05-2011
  • Auditor appointment, KPMG & Partners
  • Permanent representative, Wim Heyndrickx
2010
30-11
Gazette deed Reappointment: DEMOCO GROUP (gedelegeerd bestuurder)
Permanent representative: Philip Demot3 facts ▸
  • General meeting, 27-05-2009
  • Director reappointment, DEMOCO GROUP (gedelegeerd bestuurder)
  • Permanent representative, Philip Demot
28-06
Gazette deed Miscellaneous
General meeting1 fact ▸
  • General meeting, 10-06-2010
2009
12-10
Gazette deed Reappointment: DEMOCO GROUP (gedelegeerd bestuurder)
Permanent representatives: Philip Demot and RU. HOUBEN4 facts ▸
  • General meeting, 27-05-2009
  • Director reappointment, DEMOCO GROUP (gedelegeerd bestuurder)
  • Permanent representative, Philip Demot
  • Permanent representative, RU. HOUBEN
2007
26-11
Gazette deed Appointment: Salustro, Triest, Vleck (statutory auditor)
Permanent representative: Wim Heyndrickx3 facts ▸
  • General meeting, 25-05-2005
  • Auditor appointment, Salustro, Triest, Vleck (statutory auditor)
  • Permanent representative, Wim Heyndrickx
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 46 annual accounts filed, the latest 10 are here; all 46 are at the National Bank.
31 of 31 deeds read

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