DEMOCONSTRUCT
ActiveSummary
DEMOCONSTRUCT has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €402k and a net result of €16k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 35% of 534 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability43▼-29
Solvency51=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.29 against 0.29 in 2024; short-term debt: 34.2% and cash: 7.1% of total assets), and 74.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Residential care activities (NACE 87)
about 77% fewer bankruptcies
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.5%
Return on assets
1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
8 d early
2023
57 d late
2022
59 d early
2021
26 d late
2020
80 d early
2019
50 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16k▼ 63.4%
2024 · €44k
2018: €17k
2019: €22k▲ +34.1% vs 2018
2020: €57k▲ +155% vs 2019highest in 8 years
2021: €35k▼ -38.3% vs 2020
2022: €33k▼ -5.0% vs 2021
2023: €6k▼ -81.9% vs 2022lowest in 8 years
2024: €44k▲ +627% vs 2023
2025: €16k▼ -63.4% vs 2024
2018 → 2025
Working capital
€-380k▼ 14.0%
2024 · €-333k
2018: €-256k
2019: €-275k▼ -7.7% vs 2018
2020: €-252k▲ +8.4% vs 2019highest in 8 years
2021: €-259k▼ -2.7% vs 2020
2022: €-270k▼ -4.3% vs 2021
2023: €-329k▼ -21.8% vs 2022
2024: €-333k▼ -1.4% vs 2023
2025: €-380k▼ -14.0% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€347k-€380k▲ 9.7%€386k▲ 1.6%€430k▲ 11.4%€402k▼ 6.7%
2021: €347klowest in 5 years
2022: €380k▲ +9.7% vs 2021
2023: €386k▲ +1.6% vs 2022
2024: €430k▲ +11.4% vs 2023highest in 5 years
2025: €402k▼ -6.7% vs 2024
Operating result€72k-€68k▼ 5.8%€34k▼ 49.8%€83k▲ 141%€78k▼ 5.5%
2021: €72k
2022: €68k▼ -5.8% vs 2021
2023: €34k▼ -49.8% vs 2022lowest in 5 years
2024: €83k▲ +141% vs 2023highest in 5 years
2025: €78k▼ -5.5% vs 2024
Net result€35k-€33k▼ 5.0%€6k▼ 81.9%€44k▲ 627%€16k▼ 63.4%
2021: €35k
2022: €33k▼ -5.0% vs 2021
2023: €6k▼ -81.9% vs 2022lowest in 5 years
2024: €44k▲ +627% vs 2023highest in 5 years
2025: €16k▼ -63.4% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.57M
Fixed assets
€1.42M ▼ 5.2%
Current assets
€157k ▲ 15.0%
Equity and liabilities €1.57M
Equity
€402k ▼ 6.7%
Debt
€1.17M ▼ 2.4%
Debt's share of the balance-sheet total rises from 73.6% to 74.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€174k▼
2024 · €176k
Cash flow
€112k▼
2024 · €138k
Current ratio
0.29▲
2024 · 0.29
Quick ratio
0.29▲
2024 · 0.28
Debt to equity
2.92▲
2024 · 2.79
ROE
4.0%▼
2024 · 10.2%
ROA
1.0%▼
2024 · 2.7%
Interest coverage
2.79▼
2024 · 7.44
Debt ≤ 1 year
€537k▲
2024 · €470k
Debt > 1 year
€635k▼
2024 · €730k
Income taxes
€-281▼
2024 · €17k
Staff costs
€185k▼
2024 · €200k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €150k | €174k | €199k | €200k | €185k | ▼ 7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €91k | €92k | €95k | €94k | €96k | ▲ 2.1% |
| Other operating charges640/8 | €25k | €25k | €28k | €29k | €29k | ▲ 2.1% |
| Gross operating margin9900 | €339k | €360k | €356k | €405k | €389k | ▼ 4.1% |
| Operating profit (loss)9901 | €72k | €68k | €34k | €83k | €78k | ▼ 5.5% |
| Financial income75/76B | €280 | €2k | €289 | €3k | €94 | ▼ 96.4% |
| Recurring financial income75 | €280 | €2k | €289 | €3k | €94 | ▼ 96.4% |
| Financial charges65/66B | €30k | €26k | €26k | €24k | €62k | ▲ 163% |
| Recurring financial charges65 | €30k | €26k | €26k | €24k | €62k | ▲ 163% |
| Profit (loss) for the period before taxes9903 | €43k | €44k | €8k | €61k | €16k | ▼ 74.2% |
| Income taxes67/77 | €8k | €11k | €2k | €17k | €-281 | ▼ 102% |
| Profit (loss) for the period9904 | €35k | €33k | €6k | €44k | €16k | ▼ 63.4% |
| Profit (loss) for the period to be appropriated9905 | €35k | €33k | €6k | €44k | €16k | ▼ 63.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.88M | €1.79M | €1.70M | €1.63M | €1.57M | ▼ 3.5% |
| Fixed assets21/28 | €1.70M | €1.62M | €1.59M | €1.49M | €1.42M | ▼ 5.2% |
| Tangible fixed assets22/27 | €1.70M | €1.62M | €1.59M | €1.49M | €1.42M | ▼ 5.2% |
| Land and buildings22 | €1.53M | €1.45M | €1.43M | €1.34M | €1.25M | ▼ 6.6% |
| Plant, machinery and equipment23 | €3k | €7k | €5k | €3k | €12k | ▲ 268% |
| Furniture and vehicles24 | €14k | €7k | €0 | - | €2k | - |
| Assets under construction and advance payments27 | €153k | €153k | €153k | €153k | €153k | = |
| Current assets29/58 | €172k | €171k | €110k | €137k | €157k | ▲ 15.0% |
| Stocks and contracts in progress3 | €4k | €4k | €4k | €4k | €4k | = |
| Stocks30/36 | €4k | €4k | €4k | €4k | €4k | = |
| Amounts receivable within one year40/41 | - | - | €3k | €3k | €12k | ▲ 281% |
| Other amounts receivable41 | - | - | €3k | €3k | €12k | ▲ 281% |
| Cash at bank and in hand54/58 | €147k | €147k | €80k | €106k | €111k | ▲ 5.1% |
| Deferred charges and accrued income490/1 | €21k | €20k | €24k | €24k | €30k | ▲ 25.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.88M | €1.79M | €1.70M | €1.63M | €1.57M | ▼ 3.5% |
| Equity10/15 | €347k | €380k | €386k | €430k | €402k | ▼ 6.7% |
| Contributions10/11 | €278k | €278k | €278k | €278k | €278k | = |
| Capital10 | €278k | €278k | €278k | €278k | €278k | = |
| Issued capital100 | €278k | €278k | €278k | €278k | €278k | = |
| Profit (loss) carried forward14 | €69k | €103k | €109k | €153k | €124k | ▼ 18.9% |
| Amounts payable17/49 | €1.53M | €1.41M | €1.31M | €1.20M | €1.17M | ▼ 2.4% |
| Amounts payable after more than one year17 | €1.10M | €966k | €873k | €730k | €635k | ▼ 13.1% |
| Financial debts170/4 | €1.10M | €966k | €873k | €730k | €635k | ▼ 13.1% |
| Amounts payable within one year42/48 | €431k | €441k | €439k | €470k | €537k | ▲ 14.3% |
| Current portion of amounts payable after more than one year42 | €141k | €143k | €149k | €147k | €162k | ▲ 10.5% |
| Trade debts44 | €55k | €62k | €61k | €83k | €103k | ▲ 23.3% |
| Suppliers440/4 | €55k | €62k | €61k | €83k | €103k | ▲ 23.3% |
| Taxes, remuneration and social security45 | €18k | €20k | €15k | €27k | €16k | ▼ 42.2% |
| Taxes450/3 | - | - | - | €12k | - | - |
| Remuneration and social security454/9 | €18k | €20k | €15k | €15k | €16k | ▲ 2.9% |
| Other amounts payable47/48 | €216k | €215k | €214k | €213k | €257k | ▲ 20.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35k | €33k | €6k | €44k | €16k | ▼ 63.4% |
| + Depreciation and write-downs630 | €91k | €92k | €95k | €94k | €96k | ▲ 2.1% |
| Operating cash flow (approximation) | €127k | €126k | €101k | €138k | €112k | ▼ 18.8% |
| Investment in fixed assets (approximation) | - | €-6k | €-67k | €0 | €-18k | - |
| Change in cash | - | €39 | €-68k | €26k | €5k | ▼ 79.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 57 days late
2023
31-12
Financial
Weakest financial yearnet €6k ▼81.9%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
12-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €57k ▲155%
Operating result €89k, net result €57k, both a record.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 56 days late
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 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, Eghezée · 1 establishment unit since 1996
Ground area
1,914 m²
Building footprint
640 m²
Parcel 92035B0066/00T000, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Route de Ramillies 8, 5310 Eghezée
since 19962.074.785.854
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92035B0066/00T000 | Wallonia | 1,914 m² | 1 · 640 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEghezée2.074.785.854
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Of 150 companies in sector 87302 we hold annual accounts for 85. 64 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded22-11-1995
Fiscal year end31-12
Activities, NACEBEL 2025
87302Residential care activities
Scores and ratios are computed by Checked and are not a credit decision.