DEME Financial Services
ActiveSummary
DEME Financial Services has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €104.44M and a net result of €1.93M. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 11% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability37▲+2
Solvency29=
Growth68=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.33 in 2023; short-term debt: 82.6% and cash: 10.3% of total assets), and 96.1% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
3.9%
Return on assets
0.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 4602 sector peers (2024).
NBB · sector comparisonPosition among 4602 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
50 d early
2022
48 d early
2021
38 d early
2020
57 d early
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€7.41M▲ 0.4%
2023 · €7.38M
2018: €1.31M
2019: €1.76M
2020: €4.92M
2021: €5.24M
2022: €5.98M
2023: €7.38M
2018 → 2024
EBIT margin
-2.0%▲ 0.9pp
2023 · -2.9%
2018: -228.0%
2019: -202.8%
2020: -3.6%
2021: -7.9%
2022: -17.4%
2023: -2.9%
2018 → 2024
Net result
€1.93M▲ 195%
2023 · €655k
2018: €3.47M
2019: €4.41M
2020: €822k
2021: €1.23M
2022: €1.84M
2023: €655k
2018 → 2024
Working capital
€466.33M▼ 22.2%
2023 · €599.28M
2018: €493.41M
2019: €882.36M
2020: €700.88M
2021: €526.54M
2022: €748.40M
2023: €599.28M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€4.92M-€5.24M▲ 6.6%€5.98M▲ 14.2%€7.38M▲ 23.4%€7.41M▲ 0.4%
Equity€98.78M-€100.02M▲ 1.3%€101.86M▲ 1.8%€102.51M▲ 0.6%€104.44M▲ 1.9%
Operating result€-178k-€-416k▼ 133%€-1.04M▼ 150%€-211k▲ 79.7%€-145k▲ 31.4%
Net result€822k-€1.23M▲ 50.2%€1.84M▲ 49.0%€655k▼ 64.4%€1.93M▲ 195%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €145k in 2024 against €211k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.69B
Fixed assets
€1.34M ▼ 45.9%
Current assets
€2.69B ▲ 12.5%
Equity and liabilities €2.69B
Equity
€104.44M ▲ 1.9%
Provisions
€184k ▲ 34.6%
Debt
€2.59B ▲ 12.9%
Debt's share of the balance-sheet total rises from 95.7% to 96.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€989k▲
2023 · €891k
Cash flow
€3.07M▲
2023 · €1.76M
Current ratio
1.21▼
2023 · 1.33
Debt to equity
24.78▲
2023 · 22.36
ROE
1.8%▲
2023 · 0.6%
ROA
0.1%▲
2023 · 0.0%
Interest coverage
0.01▼
2023 · 0.01
Debt ≤ 1 year
€2.23B▲
2023 · €1.79B
Debt > 1 year
€363.04M▼
2023 · €498.78M
Income taxes
€946k▲
2023 · €423k
Staff costs
€5.11M▲
2023 · €4.79M
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 · 2024 against 2023 · 73 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.39B€2.69B▲
Fixed assets21/28€2.47M€1.34M▼
Intangible fixed assets21€2.47M€1.34M▼
Financial fixed assets28€65€65=
Other financial fixed assets284/8€65€65=
Amounts receivable and cash guarantees285/8€65€65=
Current assets29/58€2.39B€2.69B▲
Amounts receivable after more than one year29€1.67B€1.63B▼
Other amounts receivable291€1.67B€1.63B▼
Amounts receivable within one year40/41€617.88M€534.40M▼
Trade receivables40€4.67M€5.62M▲
Other amounts receivable41€613.21M€528.78M▼
Current investments50/53€30.00M€245.00M▲
Other investments51/53€30.00M€245.00M▲
Cash at bank and in hand54/58€71.17M€277.39M▲
Deferred charges and accrued income490/1€159k€1.00M▲
Equity and liabilities
Total equity and liabilities10/49€2.39B€2.69B▲
Equity10/15€102.51M€104.44M▲
Contributions10/11€49.60M€49.60M=
Capital10€49.60M€49.60M=
Issued capital100€49.60M€49.60M=
Reserves13€4.09M€4.19M▲
Non-distributable reserves130/1€4.09M€4.19M▲
Legal reserve130€4.09M€4.19M▲
Profit (loss) carried forward14€48.82M€50.65M▲
Provisions and deferred taxes16€137k€184k▲
Provisions for liabilities and charges160/5€137k€184k▲
Pensions and similar obligations160€137k€184k▲
Amounts payable17/49€2.29B€2.59B▲
Amounts payable after more than one year17€498.78M€363.04M▼
Financial debts170/4€498.78M€363.04M▼
Credit institutions173€498.78M€363.04M▼
Amounts payable within one year42/48€1.79B€2.23B▲
Current portion of amounts payable after more than one year42€150.91M€135.74M▼
Financial debts43€30.00M-
Credit institutions430/8€30.00M-
Trade debts44€1.52M€239k▼
Suppliers440/4€1.52M€239k▼
Taxes, remuneration and social security45€1.51M€2.46M▲
Taxes450/3€411k€1.36M▲
Remuneration and social security454/9€1.10M€1.09M▼
Other amounts payable47/48€1.61B€2.09B▲
Accrued charges and deferred income492/3€324k-
Income statement
Code20232024
Operating income70/76A€7.44M€7.46M▲
Turnover70€7.38M€7.41M▲
Other operating income74€54k€53k▼
Operating charges60/66A€7.65M€7.61M▼
Goods for resale, raw materials and consumables60€987€3k▲
Purchases600/8€987€3k▲
Services and other goods61€1.75M€1.30M▼
Remuneration, social security and pensions62€4.79M€5.11M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.10M€1.13M▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-16k€47k▲
Other operating charges640/8€19k€19k▲
Operating profit (loss)9901€-211k€-145k▲
Financial income75/76B€66.91M€76.95M▲
Recurring financial income75€66.91M€76.95M▲
Income from current assets751€66.31M€76.29M▲
Other financial income752/9€599k€662k▲
Financial charges65/66B€65.62M€73.93M▲
Recurring financial charges65€65.62M€73.93M▲
Debt charges650€65.62M€73.64M▲
Other financial charges652/9€6k€295k▲
Profit (loss) for the period before taxes9903€1.08M€2.88M▲
Income taxes67/77€423k€946k▲
Taxes670/3€423k€946k▲
Profit (loss) for the period9904€655k€1.93M▲
Profit (loss) for the period to be appropriated9905€655k€1.93M▲
Appropriation of the result
Profit (loss) to be appropriated9906€48.85M€50.75M▲
Profit (loss) brought forward from the previous period14P€48.20M€48.82M▲
Transfer to equity691/2€33k€97k▲
To the legal reserve6920€33k€97k▲
Social balance
Average headcount (FTE)908722.624.3▲
The notes to these accounts (47 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €655k ▼64.4%
Net result drops to €655k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €100MEq €100.02M ▲1.3%
4 profitable years in a row build equity to €100.02M.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €4.41M ▲27%
Net result €4.41M, the highest in the series.
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
19-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
24 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1993
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.
Scheldedijk 302070 Beveren-Kruibeke-ZwijndrechtGround area
2,270 m²
Parcel 11056G0019/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
INTERNATIONAAL COORDINATIECENT
since 19932.062.914.341
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11056G0019/00L000 | Flanders | 2,270 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.
Structure & network
Ownership & control
2 parent companiesControl over this companyparent company per the LEI register2
Beveren-Kruibeke-Zwijndrecht
Antwerpen · indirect
controls
DEME Financial ServicesBE 0450.333.089
Recognitions · licences · registrations
Legal Entity Identifier
549300580JH4R1U4HG86
Similar companies · same sector, comparable size
legris industries se
BE 0567.797.418
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Insurance Investments Group
BE 0789.313.249
Roeselare · Eq €107.09M
DE VELDHOEK
BE 0477.353.826
Zonnebeke · Eq €100.79M
FAGRON CAPITAL
BE 0471.941.919
Nazareth-De Pinte · Eq €100.77M
ESKO FINANCE
BE 0841.610.701
Gent · Eq €108.30M
Of 5,699 companies in sector 70100 we hold annual accounts for 3,494. 326 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 formPublic limited company
Founded15-06-1993
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.