Democratic Society
ActiveSummary
Democratic Society has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €312,256 and a net result of €30,854. Equity has been growing by about 6.9% per year since 2019. Its solvency ranks better than 18% of 496 sector peers (NACE 94, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 26-06-2017 Normal situation
- Registered office
- 76 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Other membership organisations NACE 94999
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2021
- Establishment unit
- 2.270.398.925 1000 Brussel, since 08-12-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 19-09-2025
Board and ownership
- Noah CurthoysDirector
- ELIZABETH WILTSHIREDirector
- TIAGO CARNEIRO PEIXOTODirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Turnover
- €0
- Surplus
- €30,854
- ▲ 12.2%
- Equity
- €312,256
- ▲ 11.0%
- Total assets
- €1.5m
- ▲ 36.0%
- Staff
- ≈ 15 FTE
- estimated
- 2025 accounts filed 52 days after the deadline
Score breakdownraises riskLast filed accounts filed 52 days late; 3 of the last 3 accounts latelowers riskLegal form: int'l non-profit associationSector: Activities of membership organisations (NACE 94)Size: turnover €0, total assets €1.5mShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 94, micro). It does better than 18% of them on solvency, 2% on liquidity, 40% on profitability and 68% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 351 days after the deadline. In the sector (NACE 94), the median for financial year 2024 was 29 days before the deadline, and 25% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointments: ELIZABETH WILTSHIRE (director) and TIAGO CARNEIRO PEIXOTO (director)Resignation: Catherine Howe (director)
- · Gazette deed Company renamed from The Democratic Society to Democratic SocietyRegistered office moved within Bruxelles · Appointment: Noah Curthoys (director and secretary)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Democratic Society: other membership organisations (NACE 94999). They are comparable in size and age: total assets between €888,000 and €2m, founded between 2015 and 2018.
| Company | Total assets | Gross margin |
|---|---|---|
| Democratic Society Brussel | €1.5m | €1.3m |
| Compagnie Cordial Gent | €1.4m | €1.1m |
| Steunpunt voor Bovenlokale Cultuur Brussel | €1.0m | €1.2m |
| LIE DETECTORS Sint-Joost-ten-Node | €1.4m | €1.7m |
| Fondation Internationale pour les Défenseurs des Droits de L’Homme Sint-Gillis (bij-Brussel) | €2.0m | €1.1m |
| Cemper Mechelen | €0.9m | - |
| The Shift Brussel | €1.1m | €1.0m |
Key facts about Democratic Society
- What is the company number of Democratic Society?
- The company number of Democratic Society is 0677.558.361. The VAT number is the same number with BE in front: BE 0677.558.361.
- Where is Democratic Society based?
- The registered office is at Kantersteen 10/12, 1000 Brussel.Company details
- What does Democratic Society do?
- According to the KBO register, the main activity is other membership organisations (NACE 94999).
- What is the legal form of Democratic Society?
- The legal form of Democratic Society is Int'l non-profit association (IVZW).
- When was Democratic Society founded?
- Democratic Society was founded on 26-06-2017.
- Is Democratic Society still active?
- Yes, Democratic Society is an active enterprise in the KBO register.
- How many employees does Democratic Society have?
- Democratic Society had an average of 20 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does Democratic Society fall under?
- In its 2021 annual accounts, Democratic Society states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of Democratic Society?
- The turnover of Democratic Society was €0 in financial year 2025, according to the filed annual accounts.
- Is Democratic Society profitable?
- In financial year 2025, Democratic Society made a profit of €30,854.
- Where can I find the annual accounts of Democratic Society?
- Democratic Society filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Democratic Society due?
- Democratic Society must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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