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Democon

Active Private limited companyfounded 2011active for 15 yearsOoigemstraat 41, 8780 OostrozebekeKBO/BCE: BE 0840.742.451

Lifetime

13 annual accounts with figures on one time axis
peak €90,620 (2022)
€56,322▲ 87.2%
lowest -€14,586 (2013)
€17,918▲ 94.6%
peak €185,762 (2024)
€146,365▼ 21.2%
€43,314▲ 44.7%
Board2 names since 2011
2 directors and 1 other
Documentsfilings and deeds
07-10-202668 days late
2025micro format
Gross margin from €30,089 to €56,322Result from €9,209 to €17,918Dividend €57,315Equity from €185,762 to €146,365Debts from €29,934 to €43,314Cash from €42,983 to €67,090

Key points

from the 2025 annual accounts

Equity

€146,365 ▼ 21.2%
185,7622024+17,918Profit-57,315Dividend146,3652025

Democon paid out €57,315 in dividends. That is 320% of the 2025 profit.

Turnover

≈ €300,000 estimated

The micro format states no turnover.

Filings

13 annual accounts 68 days
AprilJune31 JulyOctober201520202025

Latest accounts filed late: after the legal deadline.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,721 companies had the same profile as Democon has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 34,721 companies, not a prediction for Democon. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 15-10-2011
Director, since 30-10-2013
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0840742451
Changes of role: (director) and (director) “De aankoop,de verkoop,het huren en verhuren,de huurkoop en de leasing van computers,hoogtechnologisch…” (deed in Dutch) · Director discharge: · Director discharge: · General meeting of 31-03-2022 · Gazette deed
First establishment Ooigemstraat 41, Oostrozebeke
Incorporation published on 14-11-2011 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company
Democon Oostrozebeke €189,679 €56,322 77.2% -
B-EYET Torhout €220,461 €54,103 90.6% -
AROBASE Zwevegem €174,154 €48,523 83.0% -
RAGIO Beringen €198,274 €54,109 91.4% -
DVDE CONSULTING Lierde €201,817 €48,979 74.0% -
LogoStar Celles (lez-Tournai) €217,250 €53,929 96.6% -
.be 4 IT Evere €174,457 €46,761 98.7% -

These companies have the same main activity as Democon: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €174,000 and €220,000, founded between 2010 and 2012.

Official details

Source: KBO
Status
Active since 15-10-2011Normal situation
Activity
Wholesale of information and communication equipmentNACE 46500and 3 others
Establishment unit
2.203.841.3848780 Oostrozebeke, since 09-11-2011
Financial year end
31 December
Peppol
Reachable since 31-01-2026
Company details

Annual accounts 2025

€189,679▼ 12.1%
Filing
Filed on 07-10-2026
Financials

Insights on Democon

Democon files the micro format. That format states no turnover. The gross margin rose from -€9,705 in 2013 to €56,322 in 2025.

The balance sheet grew most in 2016 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 Democon

What is the company number of Democon?
The company number of Democon is 0840.742.451. The VAT number is the same number with BE in front: BE 0840.742.451.
Where is Democon based?
The registered office is at Ooigemstraat 41, 8780 Oostrozebeke.Company details
What does Democon do?
According to the KBO register, the main activity is wholesale of information and communication equipment (NACE 46500).
What is the legal form of Democon?
Democon is a private limited company (BV).
When was Democon founded?
Democon was founded on 15-10-2011.
Is Democon still active?
Yes, Democon is an active enterprise in the KBO register.
What is the turnover of Democon?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €56,322 and 106 comparable companies (NACE 46). It probably lies between €150,000 and €530,000.Financials
Is Democon profitable?
In financial year 2025, Democon made a profit of €17,918.
Where can I find the annual accounts of Democon?
Democon filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Democon due?
Democon must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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