DEMUNSTER
ActiveDEMUNSTER has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.62M and a net result of €284k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 717 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-10
Solvency71▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 2.31 against 2.2 in 2024; short-term debt: 26.1% and cash: 7.1% of total assets), but 53.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← 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
46.2%
Return on assets
5%
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
1 d late
2023
1 d early
2022
13 d early
2021
18 d early
2020
38 d early
2019
21 d early
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.62M▲ 11.2%
2024 · €2.36M
2019: €1.30M
2020: €1.61M
2021: €1.85M
2022: €1.88M
2023: €2.06M
2024: €2.36M
2019 → 2025
Total assets
€5.67M▲ 8.8%
2024 · €5.21M
2019: €2.87M
2020: €3.83M
2021: €4.00M
2022: €4.73M
2023: €5.01M
2024: €5.21M
2019 → 2025
Net result
€284k▼ 59.0%
2024 · €693k
2019: €782k
2020: €357k
2021: €337k
2022: €478k
2023: €584k
2024: €693k
2019 → 2025
Working capital
€1.94M▲ 6.9%
2024 · €1.82M
2019: €1.21M
2020: €1.24M
2021: €1.40M
2022: €1.34M
2023: €1.32M
2024: €1.82M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.85M-€1.88M▲ 1.7%€2.06M▲ 9.8%€2.36M▲ 14.2%€2.62M▲ 11.2%
Operating result€325k-€462k▲ 42.2%€652k▲ 41.0%€810k▲ 24.2%€382k▼ 52.8%
Net result€337k-€478k▲ 42.0%€584k▲ 22.2%€693k▲ 18.6%€284k▼ 59.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.67M
Fixed assets
€2.25M▲ 19.0%
Current assets
€3.42M▲ 3.0%
Equity and liabilities €5.67M
Equity
€2.62M▲ 11.2%
Provisions
€140k=
Debt
€2.91M▲ 7.1%
The debt ratio falls from 52.1% to 51.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.26M▼
2024 · €1.57M
Cash flow
€1.16M▼
2024 · €1.45M
Solvency
46.2%▲
2024 · 45.2%
Current ratio
2.31▲
2024 · 2.20
Quick ratio
2.31▲
2024 · 2.20
Debt / equity
1.11▼
2024 · 1.15
ROE
10.8%▼
2024 · 29.4%
ROA
5.0%▼
2024 · 13.3%
Interest coverage
14.42▼
2024 · 21.41
Debt
€2.91M▲
2024 · €2.72M
Debt ≤ 1 year
€1.48M▼
2024 · €1.51M
Debt > 1 year
€1.43M▲
2024 · €1.21M
Income taxes
€49k▼
2024 · €90k
Staff costs
€1.02M▲
2024 · €928k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.21M€5.67M▲
Fixed assets21/28€1.89M€2.25M▲
Tangible fixed assets22/27€1.89M€2.24M▲
Plant, machinery and equipment23€47k€41k▼
Furniture and vehicles24€742k€731k▼
Leasing and similar rights25€1.04M€1.44M▲
Other tangible fixed assets26€60k€35k▼
Financial fixed assets28€3k€3k▲
Current assets29/58€3.32M€3.42M▲
Amounts receivable after more than one year29€92k€0▼
Other amounts receivable291€92k€0▼
Amounts receivable within one year40/41€2.48M€2.87M▲
Trade receivables40€667k€761k▲
Other amounts receivable41€1.81M€2.11M▲
Current investments50/53€70k€104k▲
Cash at bank and in hand54/58€638k€401k▼
Deferred charges and accrued income490/1€43k€46k▲
Equity and liabilities
Total equity and liabilities10/49€5.21M€5.67M▲
Equity10/15€2.36M€2.62M▲
Contributions10/11€19k€19k=
Reserves13€999k€999k=
Tax-exempt reserves132€928k€928k=
Distributable reserves133€71k€71k=
Profit (loss) carried forward14€1.34M€1.60M▲
Provisions and deferred taxes16€140k€140k=
Provisions for liabilities and charges160/5€140k€140k=
Environmental obligations163€140k€140k=
Amounts payable17/49€2.72M€2.91M▲
Amounts payable after more than one year17€1.21M€1.43M▲
Financial debts170/4€1.21M€1.43M▲
Amounts payable within one year42/48€1.51M€1.48M▼
Current portion of amounts payable after more than one year42€472k€558k▲
Financial debts43€162k€119k▼
Credit institutions430/8€162k€119k▼
Trade debts44€281k€632k▲
Suppliers440/4€281k€632k▲
Taxes, remuneration and social security45€193k€153k▼
Taxes450/3€83k€30k▼
Remuneration and social security454/9€110k€123k▲
Other amounts payable47/48€400k€20k▼
Income statement
Code20242025
Non-recurring operating income76A€62k€2k▼
Remuneration, social security and pensions62€928k€1.02M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€756k€879k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-1k
Other operating charges640/8€122k€129k▲
Non-recurring operating charges66A-€9k
Gross operating margin9900€2.62M€2.42M▼
Operating profit (loss)9901€810k€382k▼
Financial income75/76B€46k€39k▼
Recurring financial income75€46k€39k▼
Financial charges65/66B€73k€87k▲
Recurring financial charges65€73k€87k▲
Profit (loss) for the period before taxes9903€783k€334k▼
Income taxes67/77€90k€49k▼
Profit (loss) for the period9904€693k€284k▼
Profit (loss) for the period to be appropriated9905€693k€284k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.74M€1.62M▼
Profit (loss) brought forward from the previous period14P€1.05M€1.34M▲
Profit to be distributed694/7€400k€20k▼
Directors or managers695€400k€20k▼
Social balance
Average headcount (FTE)908712.113.2▲
The notes to these accounts (25 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €284k ▼59%
Net result drops to €284k, the lowest in the series.
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 1 day late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €2MEq €2.06M ▲9.8%
5 profitable years in a row build equity to €2.06M.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
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.
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, Zwevegem · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pluim(Z) 238550 ZwevegemGround area
1.1 ha
Building footprint
1,545 m²
Parcel 34042A1170/00A000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
DEMUNSTER BVBA
since 19962.079.468.578
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042A1170/00A000 | Flanders | 1.1 ha | 1 · 1,544 m² | 0.1 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 11,307 EUR awarded · 10,849 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,058 EUR | 1,770 EUR |
| 2024 | 1 | 551 EUR | 1,847 EUR |
| 2023 | 2 | 8,130 EUR | 6,664 EUR |
| 2022 | 1 | 568 EUR | 568 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies ecologisch en veilig transport (stopgezet)
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TERRA-TRANS
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Hamme (Vl.) · Eq €2.74M
Of 1,723 companies in sector 52210 we hold annual accounts for 770. 265 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-10-1996
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
52210Service activities incidental to land transportation
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.