DEMUCO
ActiveSummary
DEMUCO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221k and a net result of €-26k. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 53% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▼-5
Solvency58▼-42
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.52 against 1.78 in 2024; short-term debt: 31.5% and cash: 0.4% of total assets), and 66.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.2%
Return on assets
-3.9%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-26k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 d early
2024
53 d early
2023
6 d early
2022
5 d early
2021
28 d early
2020
39 d early
2019
39 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€221k▼ 10.4%
2024 · €246k
2019: €74k
2020: €44k
2021: €48k
2022: €57k
2023: €71k
2024: €246k
2019 → 2025
Total assets
€665k▲ 143%
2024 · €274k
2019: €133k
2020: €97k
2021: €104k
2022: €112k
2023: €126k
2024: €274k
2019 → 2025
Net result
€-26k▼ 420%
2024 · €-5k
2019: €6k
2020: €-30k
2021: €5k
2022: €9k
2023: €14k
2024: €-5k
2019 → 2025
Working capital
€-101k
2024 · €19k
2019: €26k
2020: €-4k
2021: €902
2022: €10k
2023: €24k
2024: €19k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€57k▲ 18.6%€71k▲ 24.1%€246k▲ 245%€221k▼ 10.4%
Operating result€3-€5k▲ 168,056%€9k▲ 69.0%€-10k€-20k▼ 97.5%
Net result€5k-€9k▲ 88.3%€14k▲ 53.8%€-5k€-26k▼ 420%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2025 against €10k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €665k
Fixed assets
€557k ▲ 142%
Current assets
€108k ▲ 146%
Equity and liabilities €665k
Equity
€221k ▼ 10.4%
Debt
€444k ▲ 1,528%
Debt's share of the balance-sheet total rises from 10.0% to 66.8%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.52▼
2024 · 1.78
Debt to equity
2.01▲
2024 · 0.11
ROE
-11.6%▼
2024 · -2.0%
ROA
-3.9%▼
2024 · -1.8%
Debt ≤ 1 year
€210k▲
2024 · €25k
Debt > 1 year
€235k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€274k€665k▲
Fixed assets21/28€230k€557k▲
Tangible fixed assets22/27€230k€557k▲
Land and buildings22€230k€557k▲
Current assets29/58€44k€108k▲
Amounts receivable within one year40/41€37k€105k▲
Trade receivables40-€65k
Other amounts receivable41€37k€39k▲
Cash at bank and in hand54/58€6k€3k▼
Deferred charges and accrued income490/1€821€793▼
Equity and liabilities
Total equity and liabilities10/49€274k€665k▲
Equity10/15€246k€221k▼
Contributions10/11€211k€211k=
Reserves13€43k€10k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€43k€10k▼
Profit (loss) carried forward14€-8k€0▲
Amounts payable17/49€27k€444k▲
Amounts payable after more than one year17-€235k
Financial debts170/4-€235k
Amounts payable within one year42/48€25k€210k▲
Current portion of amounts payable after more than one year42-€46k
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€250€2k▲
Suppliers440/4€250€2k▲
Advances received on contracts in progress46-€33k
Taxes, remuneration and social security45-€11k
Taxes450/3-€11k
Other amounts payable47/48€25k€118k▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Other operating charges640/8€5k€43k▲
Gross operating margin9900€-5k€23k▲
Operating profit (loss)9901€-10k€-20k▼
Financial income75/76B€5k€2k▼
Recurring financial income75€5k€2k▼
Financial charges65/66B€381€9k▲
Recurring financial charges65€381€9k▲
Profit (loss) for the period before taxes9903€-5k€-26k▼
Profit (loss) for the period9904€-5k€-26k▼
Profit (loss) for the period to be appropriated9905€-5k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-33k▼
Profit (loss) brought forward from the previous period14P€-3k€-8k▼
Transfer from equity791/2-€33k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Equity above €200kEq €246k ▲245%
Equity rises from €71k to €246k.
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €14k ▲53.8%
Operating result €9k, net result €14k, both a record.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Kruisem · 1 establishment unit since 1995
Ground area
2,559 m²
Parcel 45017D1533/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
Olsensesteenweg(KRU) 36, 9770 Kruisem
since 19952.073.021.840
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017D1533/00P000 | Flanders | 2,558 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DEPI PATRIMOINE
BE 0778.956.718
Herbeumont · Eq €220,679
GRAND-DIRE
BE 0798.559.428
Sint-Lambrechts-Woluwe · Eq €220,605
PIEWAL
BE 0403.930.566
Chaudfontaine · Eq €220,533
Investog
BE 0447.508.411
Genk · Eq €220,995
G Partners (Belgium)
BE 0463.704.639
Sint-Pieters-Woluwe · Eq €221,121
Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 4,865 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-1994
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.