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DEME Offshore Equipment

Part of the group DEME OFFSHORE HOLDING 24 companies in 14 countries
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Lifetime

11 annual accounts with figures on one time axis
peak €72.9m (2023)
€64.5m▼ 10.5%
lowest -€6.8m (2017)
€22.2m▲ 5.4%
peak €158.4m (2024)
€143.9m▼ 9.2%
€44.5m▼ 81.1%
Board14 names since 2018all names
4 directorsBart Vandemeulebroucke and 3 others
Owners5 names in the annual accounts
100%DEME OFFSHORE HOLDING and 1 other
Documentsfilings and deeds
27-05-202665 days before the deadline
2025financial year
Resignation: Bart De Poorter (director) 30-05Dividend €36.8mDebts from €235.4m to €44.5m

Key points

from the 2025 annual accounts

Equity

€143.9m ▼ 9.2%
158.42024+22.2Profit-36.8Dividend143.92025

DEME Offshore Equipment paid out €36.8m in dividends. That is 165% of the 2025 profit.

Payment terms

190 days to suppliers
Suppliers
161 to 190
Customers
88 to 78

DEME Offshore Equipment pays its suppliers 29 days later than in 2024. Customers pay 10 days earlier.

Liquidity

4.23 was 0.59 in 2024

Short-term debts rose from €36.9m to €44.5m.

Filings

11 annual accounts since 2015
AprilJune31 JulyOctober201520202025

Three of the last ten came late. The 2020 accounts came latest: 86 days after the end of the period.

Position in the sector

€22.2m

Higher net result than 95% of companies in office administrative support. Sector median €49,016 · 1,168 companies.

Checked score

93
Excellent
Financially stronger than 71% of large companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 51 companies (NACE 82, large).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.2%▼ -0.3 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value

Financial strength
Strong

100+35equity 76.4% of total assets
83+33short-term debt 23.6%
89+5return on assets 11.8%

Score breakdown

raises risk
Liquidity: current ratio 4.23
lowers risk
Size: turnover €64.5m, total assets €188.4m
Founded in 2014
Legal form: public limited company
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 82, large). It does better than 84% of them on solvency, 96% on liquidity, 92% on profitability and 12% on growth.

The bankruptcy probability was computed on 06-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 449 companies had the same profile as DEME Offshore Equipment has now. Each dot is one company, two years later.

96.9%
were still trading
3.1%
stopped another way
0.0%
went bankrupt
  • Large
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
  • without age

That fits the bankruptcy probability of DEME Offshore Equipment itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 449 companies, not a prediction for DEME Offshore Equipment. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €6,450,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.23 (0.59 in 2024), above the usual 1.5. Short-term debt is 23.6% of total assets. 23.6% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 4.23
NBB · annual accounts
lowers risk · Size: turnover €64.5m, total assets €188.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2014
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Legal form: public limited company
KBO
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 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
65 days early
2024
57 days early
2023
44 days early
2022
7 days early
2021
40 days late
2020
86 days late
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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 18 June (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

KD
Director
KV
Director
JV
Director, since 13-03-2025
EB
Auditor, Wim Van Gasse BV
Board & ownership

Recent changes

Capital decrease of €141,000,003 to €61,500 Capital from €141,061,503 to €61,500 · General meeting of 12-06-2026 · Gazette deed
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor) Permanent representative: Wim Van Gasse BV · General meeting of 26-05-2026 · Gazette deed
Resignation: Bart De Poorter (director) Appointment: Jan Van Rossum (director) · General meeting of 13-03-2025 · Gazette deed
4 directors reappointed Koen Vanderbeke, Koen De Vylder, Bart Vandemeulebroucke and Bart De Poorter · General meeting of 27-05-2024 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
DEME Offshore Equipment Beveren-Kruibeke-Zwijndrecht €64.5m 52.6% 76.4% -
Satellic Machelen (Brab.) €113.1m 32.0% 27.1% 69.6
Vestas Offshore Wind Belgium Ostend €87.1m 3.2% 17.5% 149.7
Alcon Laboratories Belgium Puurs-Sint-Amands €169.7m 3.6% 24.8% 401.8
BRUSSELS WORLDWIDE SERVICES Zaventem €181.7m 0.2% 0.0% 53
Mondelez Belgium Manufacturing Services Herentals €78.7m 4.5% -6.9% 950.5
INTERXION BELGIUM Zaventem €48.0m 2.7% 24.3% 44.2
-10%0%10%20%€10m€20m€50m€100m€200mDEME Offshore EquipmentEBIT margin

Grey: the largest companies of the sector (office administrative support (NACE 82)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as DEME Offshore Equipment: other business support services (NACE 82990). They are comparable in size and age: total assets between €56m and €168m, founded between 2000 and 2014.

Official details

Source: KBO
Status
Active since 10-09-2014Normal situation
Registered office
48 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 7 November 2026.
Activity
Other business support servicesNACE 82990and 1 other
Establishment unit
2.234.642.9432070 Beveren-Kruibeke-Zwijndrecht, since 10-09-2014
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€136.1m▲ 88.8%
€188.4m▼ 52.2%
Filing
Filed on 27-05-2026, 65 days before the end of the filing period
Financials

Insights on DEME Offshore Equipment

DEME Offshore Equipment has existed since 2014. The present size dates from 2022. Turnover rose that year from €1.3m to €31.0m.

Solvency rose in 2025 from 40.2% to 76.4% because of lower debts.

DEME OFFSHORE HOLDING holds all the shares. In 2022, three directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DEME Offshore Equipment

What is the company number of DEME Offshore Equipment?
The company number of DEME Offshore Equipment is 0561.831.423. The VAT number is the same number with BE in front: BE 0561.831.423.
Where is DEME Offshore Equipment based?
The registered office is at Scheldedijk 30, 2070 Beveren-Kruibeke-Zwijndrecht.Company details
What does DEME Offshore Equipment do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of DEME Offshore Equipment?
DEME Offshore Equipment is a public limited company (NV).
When was DEME Offshore Equipment founded?
DEME Offshore Equipment was founded on 10-09-2014.
Is DEME Offshore Equipment still active?
Yes, DEME Offshore Equipment is an active enterprise in the KBO register.
What is the turnover of DEME Offshore Equipment?
The turnover of DEME Offshore Equipment was €64.5m in financial year 2025, according to the filed annual accounts.Financials
Is DEME Offshore Equipment profitable?
In financial year 2025, DEME Offshore Equipment made a profit of €22.2m.
Where can I find the annual accounts of DEME Offshore Equipment?
DEME Offshore Equipment filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEME Offshore Equipment due?
DEME Offshore Equipment must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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