Equity
DEME Offshore Equipment paid out €36.8m in dividends. That is 165% of the 2025 profit.
DEME Offshore Equipment paid out €36.8m in dividends. That is 165% of the 2025 profit.
DEME Offshore Equipment pays its suppliers 29 days later than in 2024. Customers pay 10 days earlier.
Short-term debts rose from €36.9m to €44.5m.
Three of the last ten came late. The 2020 accounts came latest: 86 days after the end of the period.
Higher net result than 95% of companies in office administrative support. Sector median €49,016 · 1,168 companies.
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).
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).
In July 2024, 449 companies had the same profile as DEME Offshore Equipment has now. Each dot is one company, two years later.
That fits the bankruptcy probability of DEME Offshore Equipment itself: 0.2% within 12 months.
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.
| 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.
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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
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.
| 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 |
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.
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.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.