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Demonstrate

Active
Private limited companyfounded 2005active for 21 yearsAkenkaai 63-64, 1000 Brussel, BelgiumKBO/BCE: BE 0875.357.197
Summary

The computed 12-month bankruptcy probability of Demonstrate is 2.0% (moderate). The 2025 annual accounts show negative equity (-€3.2m) and a net result of €678,210. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 3,353 sector peers (NACE 62, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other information technology and computer services
NACE 62900Advertising agencies NACE 73110
2 sites
Size
€2.5mtotal assets 2025
Staff
20.3 FTE
Equity
-€3.2m
Profit
€678,210
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Structure
Parent
Inside Out Media · 100%
Accounts filed 31 days late3 of 15 deeds read
Why 53raises riskNegative equity -€3.2m1 change of registered office in 24 monthsLatest accounts 31 days late; 2 of the last 3 latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 42% of its sector peers (NACE 62, small)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -127.2% of total assets
Liquidity 5+5
short-term debt 126.0% · cash 4.1%
Profitability 100+6
return on assets 26.6%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,163 companies, NACE 62, small)
Last 24 months 11-2024: 13.4% 12-2024: 13.4%● unchanged vs 11-2024 01-2025: 13.4%● unchanged vs 12-2024 02-2025: 13.6%▲ +0.2 percentage points vs 01-2025highest value 03-2025: 13.1%▼ -0.5 percentage points vs 02-2025 04-2025: 8.1%▼ -5.0 percentage points vs 03-2025 05-2025: 7.5%▼ -0.6 percentage points vs 04-2025 06-2025: 7.5%● unchanged vs 05-2025 07-2025: 7.6%▲ +0.1 percentage points vs 06-2025 08-2025: 2.9%▼ -4.7 percentage points vs 07-2025 09-2025: 2.1%▼ -0.8 percentage points vs 08-2025 10-2025: 2.1%● unchanged vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.0%▼ -0.1 percentage points vs 02-2026 04-2026: 2.3%▲ +0.3 percentage points vs 03-2026 05-2026: 2.3%● unchanged vs 04-2026 06-2026: 2.2%▼ -0.1 percentage points vs 05-2026 07-2026: 2.2%● unchanged vs 06-2026 08-2026: 3.5%▲ +1.3 percentage points vs 07-2026 09-2026: 2.0%▼ -1.5 percentage points vs 08-2026lowest value 10-2026: 2.0%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.77, compared with 0.39 in 2024, below 1; short-term debt: 126% and cash: 4.1% of total assets), and equity is negative.
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 62, small): better than 2% on solvency, 4% on liquidity, 97% on profitability and 65% on growth.

The bankruptcy probability was computed on 18-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€3.2m
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Latest accounts 31 days late; 2 of the last 3 late
NBB · filings
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 3353 sector peers (2025).
NBB · sector comparison
Position among 3353 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
on the day
2023
57 days late
2022
185 days late
2021
182 days late
2020
72 days late
2018
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 73 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Registered officeRegistered-office move
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€3.2m View
  • Caution: Among the weakest 5% on equitysector median €130,227 · 3,354 companies -€3.2m View
  • Controlled by Inside Out Mediaultimately: Phoenix Invest 100% View
  • Positive: Staff rose in 2025from 15.3 FTE to 20.3 FTE ▲ 32.7% View

By topic

Financials

Financial year
2025
Total assets
€2.5m
Profit
€678,210
Solvency
-127.2%
Turnover▲ 115%
Net result
20182022
Go to Financials

Timeline

Events
26
Since
2007
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 26-09-2024Annual accounts filed
  3. 04-04-2024End & cessation · Miscellaneous
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Other information technology and computer servicesNACE 62900
Founded
01-08-2005
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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