E-DEMONSTRATIONS.BE
ActiveSummary
E-DEMONSTRATIONS.BE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.68M and a net result of €2.13M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 41% of 928 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+14
Solvency60▲+19
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 0.7 in 2024; short-term debt: 28.2% and cash: 16% of total assets), and 65% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% 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
35%
Return on assets
20.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €3.68M
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
85 d early
2023
97 d early
2022
61 d early
2021
59 d early
2020
17 d early
2019
65 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
€2.13M▲ 150%
2024 · €851k
2018: €168k
2019: €-318k▼ -289% vs 2018
2020: €-548k▼ -72.3% vs 2019lowest in 8 years
2021: €123k▲ +122% vs 2020
2022: €2.84M▲ +2217% vs 2021highest in 8 years
2023: €1.48M▼ -47.9% vs 2022
2024: €851k▼ -42.5% vs 2023
2025: €2.13M▲ +150% vs 2024
2018 → 2025
Working capital
€1.36M
2024 · €-1.12M
2018: €-431k
2019: €-511k▼ -18.5% vs 2018
2020: €-571k▼ -11.8% vs 2019
2021: €-489k▲ +14.4% vs 2020
2022: €-702k▼ -43.6% vs 2021
2023: €-1.66M▼ -137% vs 2022lowest in 8 years
2024: €-1.12M▲ +32.7% vs 2023
2025: €1.36M▲ +222% vs 2024highest 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€-116k-€2.73M€705k▼ 74.1%€1.56M▲ 121%€3.68M▲ 137%
2021: €-116klowest in 5 years
2022: €2.73M▲ +2457% vs 2021
2023: €705k▼ -74.1% vs 2022
2024: €1.56M▲ +121% vs 2023
2025: €3.68M▲ +137% vs 2024highest in 5 years
Operating result€210k-€3.38M▲ 1,511%€2.06M▼ 39.2%€1.30M▼ 36.6%€3.12M▲ 139%
2021: €210klowest in 5 years
2022: €3.38M▲ +1511% vs 2021highest in 5 years
2023: €2.06M▼ -39.2% vs 2022
2024: €1.30M▼ -36.6% vs 2023
2025: €3.12M▲ +139% vs 2024
Net result€123k-€2.84M▲ 2,217%€1.48M▼ 47.9%€851k▼ 42.5%€2.13M▲ 150%
2021: €123klowest in 5 years
2022: €2.84M▲ +2217% vs 2021highest in 5 years
2023: €1.48M▼ -47.9% vs 2022
2024: €851k▼ -42.5% vs 2023
2025: €2.13M▲ +150% vs 2024
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 139% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.53M
Fixed assets
€6.19M ▼ 10.0%
Current assets
€4.34M ▲ 64.7%
Equity and liabilities €10.53M
Equity
€3.68M ▲ 137%
Debt
€6.84M ▼ 13.9%
Debt's share of the balance-sheet total falls from 83.6% to 65.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5.21M▲
2024 · €3.10M
Cash flow
€4.21M▲
2024 · €2.65M
Current ratio
1.46▲
2024 · 0.70
Quick ratio
1.45▲
2024 · 0.70
Debt to equity
1.86▼
2024 · 5.11
ROE
57.8%▲
2024 · 54.7%
ROA
20.2%▲
2024 · 8.9%
Interest coverage
28.71▲
2024 · 18.95
Debt ≤ 1 year
€2.97M▼
2024 · €3.75M
Debt > 1 year
€3.86M▼
2024 · €4.20M
Income taxes
€844k▲
2024 · €308k
Staff costs
€1.01M▲
2024 · €947k
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 · 65 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9.51M€10.53M▲
Fixed assets21/28€6.87M€6.19M▼
Intangible fixed assets21€0€7k▲
Tangible fixed assets22/27€6.37M€5.74M▼
Land and buildings22€42k€37k▼
Plant, machinery and equipment23€1.95M€1.96M▲
Furniture and vehicles24€256k€256k▼
Leasing and similar rights25€2.36M€1.88M▼
Other tangible fixed assets26€1.76M€1.60M▼
Financial fixed assets28€503k€448k▼
Current assets29/58€2.63M€4.34M▲
Stocks and contracts in progress3-€35k
Stocks30/36-€35k
Amounts receivable within one year40/41€1.98M€2.21M▲
Trade receivables40€890k€986k▲
Other amounts receivable41€1.09M€1.23M▲
Current investments50/53€233k€393k▲
Cash at bank and in hand54/58€392k€1.69M▲
Deferred charges and accrued income490/1€31k€4k▼
Equity and liabilities
Total equity and liabilities10/49€9.51M€10.53M▲
Equity10/15€1.56M€3.68M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€407k€1.24M▲
Non-distributable reserves130/1€120k€120k=
Legal reserve130€6k€6k=
Other1319€114k€114k=
Tax-exempt reserves132€287k€1.12M▲
Profit (loss) carried forward14€1.09M€2.38M▲
Amounts payable17/49€7.95M€6.84M▼
Amounts payable after more than one year17€4.20M€3.86M▼
Financial debts170/4€4.20M€3.86M▼
Amounts payable within one year42/48€3.75M€2.97M▼
Current portion of amounts payable after more than one year42€783k€1.06M▲
Financial debts43€0€229k▲
Credit institutions430/8€0€229k▲
Trade debts44€863k€1.53M▲
Suppliers440/4€863k€1.53M▲
Taxes, remuneration and social security45€169k€150k▼
Taxes450/3€55k€39k▼
Remuneration and social security454/9€114k€110k▼
Other amounts payable47/48€1.93M€12k▼
Accrued charges and deferred income492/3€3k€5k▲
Income statement
Code20242025
Non-recurring operating income76A€21k€46k▲
Remuneration, social security and pensions62€947k€1.01M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.80M€2.09M▲
Other operating charges640/8€64k€65k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€4.12M€6.28M▲
Operating profit (loss)9901€1.30M€3.12M▲
Financial income75/76B€18k€34k▲
Recurring financial income75€18k€34k▲
Financial charges65/66B€164k€181k▲
Recurring financial charges65€164k€181k▲
Profit (loss) for the period before taxes9903€1.16M€2.97M▲
Income taxes67/77€308k€844k▲
Profit (loss) for the period9904€851k€2.13M▲
Transfer to tax-exempt reserves689€274k€838k▲
Profit (loss) for the period to be appropriated9905€577k€1.29M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.09M€2.38M▲
Profit (loss) brought forward from the previous period14P€510k€1.09M▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)908718.719.5▲
The notes to these accounts (34 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | €11k | €106k | €21k | €46k | ▲ 113% |
| Remuneration, social security and pensions62 | €452k | €791k | €964k | €947k | €1.01M | ▲ 6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €506k | €778k | €1.41M | €1.80M | €2.09M | ▲ 15.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €-5k | €0 | - | - | - | - |
| Other operating charges640/8 | €75k | €54k | €67k | €64k | €65k | ▲ 2.1% |
| Non-recurring operating charges66A | €237k | €163k | €0 | - | €2k | - |
| Gross operating margin9900 | €1.48M | €5.17M | €4.49M | €4.12M | €6.28M | ▲ 52.7% |
| Operating profit (loss)9901 | €210k | €3.38M | €2.06M | €1.30M | €3.12M | ▲ 139% |
| Financial income75/76B | €16k | €16k | €1k | €18k | €34k | ▲ 86.8% |
| Recurring financial income75 | €16k | €16k | €1k | €18k | €34k | ▲ 86.8% |
| Financial charges65/66B | €102k | €95k | €107k | €164k | €181k | ▲ 10.7% |
| Recurring financial charges65 | €102k | €95k | €107k | €164k | €181k | ▲ 10.7% |
| Profit (loss) for the period before taxes9903 | €123k | €3.30M | €1.95M | €1.16M | €2.97M | ▲ 157% |
| Income taxes67/77 | €832 | €461k | €470k | €308k | €844k | ▲ 174% |
| Profit (loss) for the period9904 | €123k | €2.84M | €1.48M | €851k | €2.13M | ▲ 150% |
| Transfer to tax-exempt reserves689 | - | - | - | €274k | €838k | ▲ 206% |
| Profit (loss) for the period to be appropriated9905 | €123k | €2.84M | €1.48M | €577k | €1.29M | ▲ 124% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.22M | €9.61M | €8.38M | €9.51M | €10.53M | ▲ 10.7% |
| Fixed assets21/28 | €3.67M | €5.98M | €5.83M | €6.87M | €6.19M | ▼ 10.0% |
| Intangible fixed assets21 | €32k | €17k | €4k | €0 | €7k | - |
| Tangible fixed assets22/27 | €3.64M | €5.96M | €5.82M | €6.37M | €5.74M | ▼ 10.0% |
| Land and buildings22 | €58k | €59k | €47k | €42k | €37k | ▼ 12.5% |
| Plant, machinery and equipment23 | €73k | €2.18M | €1.56M | €1.95M | €1.96M | ▲ 0.3% |
| Furniture and vehicles24 | €46k | €578k | €290k | €256k | €256k | ▼ 0.1% |
| Leasing and similar rights25 | €2.22M | €2.03M | €2.45M | €2.36M | €1.88M | ▼ 20.3% |
| Other tangible fixed assets26 | €1.24M | €1.11M | €1.48M | €1.76M | €1.60M | ▼ 8.9% |
| Financial fixed assets28 | €810 | €2k | €810 | €503k | €448k | ▼ 11.0% |
| Current assets29/58 | €1.55M | €3.63M | €2.56M | €2.63M | €4.34M | ▲ 64.7% |
| Stocks and contracts in progress3 | - | - | - | - | €35k | - |
| Stocks30/36 | - | - | - | - | €35k | - |
| Amounts receivable within one year40/41 | €1.41M | €1.35M | €1.44M | €1.98M | €2.21M | ▲ 12.1% |
| Trade receivables40 | €1.19M | €1.15M | €1.05M | €890k | €986k | ▲ 10.8% |
| Other amounts receivable41 | €224k | €195k | €390k | €1.09M | €1.23M | ▲ 13.2% |
| Current investments50/53 | - | - | €101k | €233k | €393k | ▲ 68.7% |
| Cash at bank and in hand54/58 | €107k | €2.26M | €994k | €392k | €1.69M | ▲ 331% |
| Deferred charges and accrued income490/1 | €28k | €24k | €19k | €31k | €4k | ▼ 86.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.22M | €9.61M | €8.38M | €9.51M | €10.53M | ▲ 10.7% |
| Equity10/15 | €-116k | €2.73M | €705k | €1.56M | €3.68M | ▲ 137% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €134k | €134k | €134k | €407k | €1.24M | ▲ 206% |
| Non-distributable reserves130/1 | €120k | €120k | €120k | €120k | €120k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Other1319 | €114k | €114k | €114k | €114k | €114k | = |
| Tax-exempt reserves132 | €13k | €13k | €13k | €287k | €1.12M | ▲ 292% |
| Profit (loss) carried forward14 | €-311k | €2.53M | €510k | €1.09M | €2.38M | ▲ 119% |
| Amounts payable17/49 | €5.33M | €6.89M | €7.68M | €7.95M | €6.84M | ▼ 13.9% |
| Amounts payable after more than one year17 | €2.89M | €2.48M | €3.15M | €4.20M | €3.86M | ▼ 8.0% |
| Financial debts170/4 | €2.89M | €2.48M | €3.15M | €4.20M | €3.86M | ▼ 8.0% |
| Amounts payable within one year42/48 | €2.04M | €4.33M | €4.22M | €3.75M | €2.97M | ▼ 20.7% |
| Current portion of amounts payable after more than one year42 | €313k | €1.20M | €417k | €783k | €1.06M | ▲ 34.9% |
| Financial debts43 | €58k | €600k | €209k | €0 | €229k | - |
| Credit institutions430/8 | €58k | €600k | €209k | €0 | €229k | - |
| Trade debts44 | €587k | €1.76M | €505k | €863k | €1.53M | ▲ 76.7% |
| Suppliers440/4 | €587k | €1.76M | €505k | €863k | €1.53M | ▲ 76.7% |
| Taxes, remuneration and social security45 | €104k | €185k | €149k | €169k | €150k | ▼ 11.4% |
| Taxes450/3 | €30k | €60k | €9k | €55k | €39k | ▼ 28.0% |
| Remuneration and social security454/9 | €74k | €125k | €141k | €114k | €110k | ▼ 3.5% |
| Other amounts payable47/48 | €975k | €588k | €2.94M | €1.93M | €12k | ▼ 99.4% |
| Accrued charges and deferred income492/3 | €410k | €74k | €312k | €3k | €5k | ▲ 57.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €123k | €2.84M | €1.48M | €851k | €2.13M | ▲ 150% |
| + Depreciation and write-downs630 | €506k | €778k | €1.41M | €1.80M | €2.09M | ▲ 15.9% |
| Operating cash flow (approximation) | €628k | €3.62M | €2.89M | €2.65M | €4.21M | ▲ 59.0% |
| Investment in fixed assets (approximation) | - | €-3.09M | €-1.25M | €-2.85M | €-1.40M | ▲ 50.8% |
| Change in cash | - | €2.15M | €-1.27M | €-602k | €1.30M | ▲ 315% |
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
28-07
State Gazette act
Appointments: ENGELEN INVEST (director) and Group 94 (director)Permanent representatives: Yo Engelen and Nina Bos · Resignation: CUP (director)6 facts ▸
State Gazette act
Appointments: ENGELEN INVEST (director) and Group 94 (director)
Permanent representatives: Yo Engelen and Nina Bos · Resignation: CUP (director)6 facts ▸
- General meeting, 10/07/2026
- Director appointment, ENGELEN INVEST (director)
- Director appointment, Group 94 (director)
- Permanent representative, Yo Engelen
- Permanent representative, Nina Bos
- Director resignation, CUP (director)
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity doublescurrent ratio 1.46
Current ratio from 0.70 to 1.46; short-term debt falls from €3.75M to €2.97M.
31-12
Financial
Equity above €2MEq €3.68M ▲137%
5 profitable years in a row build equity to €3.68M.
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1MEq €1.56M ▲121%
4 profitable years in a row build equity to €1.56M.
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €2.84M ▲2,217%
Operating result €3.38M, net result €2.84M, both a record.
31-12
Financial
Equity above €2MEq €2.73M
2 profitable years in a row build equity to €2.73M.
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €123k
Net result €123k after 2 loss-making years.
Show earlier events
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-548k
Net result drops to €-548k, the lowest in the series; recovery starts the following year.
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 13 acts read
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
2 directors, last change in 2026
ENGELEN INVEST
CurrentDirector · since 10-07-2026 · Public limited company · perm. rep.: Yo Engelen
Group 94
CurrentDirector · since 10-07-2026 · General partnership · perm. rep.: Nina Bos
10-07-2026
ENGELEN INVEST: Appointed as Director
10-07-2026
Group 94: Appointed as Director
09-07-2026
CUP: Resigned as Director
Not every act has been read: a resignation may be missing here
12 of this company's 13 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2001
Ground area
1.4 ha
Building footprint
5,825 m²
Volume, LiDAR
54,571 m³
Parcel 11463D0268/00E000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
E-DEMONSTRATIONS.BE
since 20012.097.758.622
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0268/00E000 | Flanders | 1.4 ha | 1 · 5,824 m² | 11.3 m · 3 fl. |
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.
Structure & network
Connections & network
2 connected companiesLinked via shared directors
Shared corporate director
→
Shared corporate director
→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 8,421 EUR awarded · 7,927 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,170 EUR | 1,170 EUR |
| 2024 | 2 | 3,835 EUR | 3,554 EUR |
| 2023 | 1 | 617 EUR | 404 EUR |
| 2022 | 1 | 2,799 EUR | 2,799 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Recognised contractor
4 categoriesE-DEMONSTRATIONS.BE NV45640
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Of 4,571 companies in sector 82300 we hold annual accounts for 1,672. 345 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
Founded09-01-2001
Fiscal year end31-12
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
18120Other printing
74112Other professional, scientific and technical activities
74120Graphic design and visual communication
77394Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.