DEMETER
ActiveSummary
DEMETER has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €426k and a net result of €58k. Equity is growing by ~37.6% per year across the filed fiscal years. Its solvency ranks better than 63% of 1747 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78=
Solvency79▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.87 in 2024; short-term debt: 36.9% and cash: 31.5% of total assets), and 46.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% 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
53.6%
Return on assets
7.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
2 d early
2022
49 d early
2021
3 d early
2020
47 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€426k▲ 15.7%
2024 · €368k
2019: €-65k
2020: €-95k▼ -45.1% vs 2019lowest in 7 years
2021: €170k▲ +280% vs 2020
2022: €218k▲ +27.8% vs 2021
2023: €315k▲ +44.7% vs 2022
2024: €368k▲ +16.7% vs 2023
2025: €426k▲ +15.7% vs 2024highest in 7 years
2019 → 2025
Total assets
€794k▲ 9.2%
2024 · €727k
2019: €553klowest in 7 years
2020: €620k▲ +12.3% vs 2019
2021: €607k▼ -2.2% vs 2020
2022: €619k▲ +2.1% vs 2021
2023: €684k▲ +10.5% vs 2022
2024: €727k▲ +6.2% vs 2023
2025: €794k▲ +9.2% vs 2024highest in 7 years
2019 → 2025
Net result
€58k▲ 9.1%
2024 · €53k
2019: €-96klowest in 7 years
2020: €-29k▲ +69.3% vs 2019
2021: €15k▲ +151% vs 2020
2022: €47k▲ +216% vs 2021
2023: €97k▲ +106% vs 2022highest in 7 years
2024: €53k▼ -45.8% vs 2023
2025: €58k▲ +9.1% vs 2024
2019 → 2025
Working capital
€274k▲ 19.5%
2024 · €230k
2019: €55k
2020: €-14k▼ -125% vs 2019lowest in 7 years
2021: €53k▲ +495% vs 2020
2022: €102k▲ +90.0% vs 2021
2023: €194k▲ +91.0% vs 2022
2024: €230k▲ +18.4% vs 2023
2025: €274k▲ +19.5% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€170k-€218k▲ 27.8%€315k▲ 44.7%€368k▲ 16.7%€426k▲ 15.7%
2021: €170klowest in 5 years
2022: €218k▲ +27.8% vs 2021
2023: €315k▲ +44.7% vs 2022
2024: €368k▲ +16.7% vs 2023
2025: €426k▲ +15.7% vs 2024highest in 5 years
Operating result€21k-€54k▲ 156%€104k▲ 93.5%€57k▼ 44.8%€66k▲ 14.5%
2021: €21klowest in 5 years
2022: €54k▲ +156% vs 2021
2023: €104k▲ +93.5% vs 2022highest in 5 years
2024: €57k▼ -44.8% vs 2023
2025: €66k▲ +14.5% vs 2024
Net result€15k-€47k▲ 216%€97k▲ 106%€53k▼ 45.8%€58k▲ 9.1%
2021: €15klowest in 5 years
2022: €47k▲ +216% vs 2021
2023: €97k▲ +106% vs 2022highest in 5 years
2024: €53k▼ -45.8% vs 2023
2025: €58k▲ +9.1% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €794k
Fixed assets
€226k ▼ 3.1%
Current assets
€567k ▲ 15.0%
Equity and liabilities €794k
Equity
€426k ▲ 15.7%
Debt
€368k ▲ 2.6%
Debt's share of the balance-sheet total falls from 49.4% to 46.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€100k▲
2024 · €85k
Cash flow
€92k▲
2024 · €81k
Current ratio
1.94▲
2024 · 1.87
Quick ratio
1.04▲
2024 · 0.82
Debt to equity
0.86▼
2024 · 0.98
ROE
13.5%▼
2024 · 14.3%
ROA
7.3%▼
2024 · 7.3%
Interest coverage
11.77▼
2024 · 16.56
Debt ≤ 1 year
€293k▲
2024 · €263k
Debt > 1 year
€75k▼
2024 · €95k
Income taxes
€127▲
2024 · €28
Staff costs
€108k▲
2024 · €101k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€727k€794k▲
Fixed assets21/28€234k€226k▼
Tangible fixed assets22/27€221k€216k▼
Land and buildings22€134k€125k▼
Plant, machinery and equipment23€87k€66k▼
Furniture and vehicles24-€25k
Financial fixed assets28€12k€10k▼
Current assets29/58€493k€567k▲
Stocks and contracts in progress3€277k€261k▼
Stocks30/36€277k€261k▼
Amounts receivable within one year40/41€78k€48k▼
Trade receivables40€51k€24k▼
Other amounts receivable41€28k€24k▼
Cash at bank and in hand54/58€133k€250k▲
Deferred charges and accrued income490/1€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€727k€794k▲
Equity10/15€368k€426k▲
Contributions10/11€642k€642k=
Reserves13€22k€22k=
Tax-exempt reserves132€10k€10k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€-296k€-239k▲
Amounts payable17/49€359k€368k▲
Amounts payable after more than one year17€95k€75k▼
Financial debts170/4€95k€75k▼
Amounts payable within one year42/48€263k€293k▲
Current portion of amounts payable after more than one year42€20k€20k=
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€20k€35k▲
Suppliers440/4€20k€35k▲
Taxes, remuneration and social security45€7k€14k▲
Taxes450/3€2k€12k▲
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€167k€174k▲
Accrued charges and deferred income492/3€167€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€101k€108k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€35k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€189k€212k▲
Operating profit (loss)9901€57k€66k▲
Financial income75/76B€630€600▼
Recurring financial income75€630€600▼
Financial charges65/66B€5k€9k▲
Recurring financial charges65€5k€9k▲
Profit (loss) for the period before taxes9903€53k€58k▲
Income taxes67/77€28€127▲
Profit (loss) for the period9904€53k€58k▲
Profit (loss) for the period to be appropriated9905€53k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-296k€-239k▲
Profit (loss) brought forward from the previous period14P€-349k€-296k▲
Social balance
Average headcount (FTE)90871.31.6▲
The notes to these accounts (25 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 | - | €2k | €101k | €0 | - | - |
| Remuneration, social security and pensions62 | - | €97k | €101k | €101k | €108k | ▲ 7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36k | €32k | €36k | €28k | €35k | ▲ 24.8% |
| Other operating charges640/8 | - | €4k | €856 | €3k | €3k | ▲ 10.9% |
| Non-recurring operating charges66A | - | €820 | - | - | - | - |
| Gross operating margin9900 | €137k | €187k | €242k | €189k | €212k | ▲ 12.4% |
| Operating profit (loss)9901 | €21k | €54k | €104k | €57k | €66k | ▲ 14.5% |
| Financial income75/76B | - | €213 | €26 | €630 | €600 | ▼ 4.7% |
| Recurring financial income75 | €429 | €213 | €26 | €630 | €600 | ▼ 4.7% |
| Financial charges65/66B | - | €6k | €6k | €5k | €9k | ▲ 65.9% |
| Recurring financial charges65 | €6k | €6k | €6k | €5k | €9k | ▲ 65.9% |
| Profit (loss) for the period before taxes9903 | €15k | €47k | €97k | €53k | €58k | ▲ 9.3% |
| Income taxes67/77 | €57 | €47 | €38 | €28 | €127 | ▲ 347% |
| Profit (loss) for the period9904 | €15k | €47k | €97k | €53k | €58k | ▲ 9.1% |
| Profit (loss) for the period to be appropriated9905 | €15k | €47k | €97k | €53k | €58k | ▲ 9.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €607k | €619k | €684k | €727k | €794k | ▲ 9.2% |
| Fixed assets21/28 | €225k | €254k | €237k | €234k | €226k | ▼ 3.1% |
| Tangible fixed assets22/27 | €209k | €237k | €220k | €221k | €216k | ▼ 2.3% |
| Land and buildings22 | - | €156k | €142k | €134k | €125k | ▼ 7.2% |
| Plant, machinery and equipment23 | - | €75k | €77k | €87k | €66k | ▼ 24.0% |
| Furniture and vehicles24 | - | €6k | - | - | €25k | - |
| Financial fixed assets28 | €16k | €16k | €17k | €12k | €10k | ▼ 18.0% |
| Current assets29/58 | €381k | €366k | €448k | €493k | €567k | ▲ 15.0% |
| Stocks and contracts in progress3 | €314k | €222k | €262k | €277k | €261k | ▼ 5.8% |
| Stocks30/36 | - | €222k | €262k | €277k | €261k | ▼ 5.8% |
| Amounts receivable within one year40/41 | €52k | €73k | €51k | €78k | €48k | ▼ 38.3% |
| Trade receivables40 | - | €55k | €27k | €51k | €24k | ▼ 52.4% |
| Other amounts receivable41 | - | €18k | €24k | €28k | €24k | ▼ 12.0% |
| Cash at bank and in hand54/58 | €12k | €67k | €127k | €133k | €250k | ▲ 87.2% |
| Deferred charges and accrued income490/1 | - | €3k | €8k | €4k | €8k | ▲ 97.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €607k | €619k | €684k | €727k | €794k | ▲ 9.2% |
| Equity10/15 | €170k | €218k | €315k | €368k | €426k | ▲ 15.7% |
| Contributions10/11 | - | €642k | €642k | €642k | €642k | = |
| Reserves13 | €22k | €22k | €22k | €22k | €22k | = |
| Tax-exempt reserves132 | - | €10k | €10k | €10k | €10k | = |
| Distributable reserves133 | - | €12k | €12k | €12k | €12k | = |
| Profit (loss) carried forward14 | €-494k | €-446k | €-349k | €-296k | €-239k | ▲ 19.4% |
| Amounts payable17/49 | €436k | €401k | €369k | €359k | €368k | ▲ 2.6% |
| Amounts payable after more than one year17 | €108k | €135k | €115k | €95k | €75k | ▼ 21.0% |
| Financial debts170/4 | - | €135k | €115k | €95k | €75k | ▼ 21.0% |
| Amounts payable within one year42/48 | €328k | €264k | €254k | €263k | €293k | ▲ 11.2% |
| Current portion of amounts payable after more than one year42 | - | €20k | €20k | €20k | €20k | = |
| Financial debts43 | - | €50k | €50k | €50k | €50k | = |
| Credit institutions430/8 | - | €50k | €50k | €50k | €50k | = |
| Trade debts44 | €17k | €27k | €26k | €20k | €35k | ▲ 72.2% |
| Suppliers440/4 | - | €27k | €26k | €20k | €35k | ▲ 72.2% |
| Taxes, remuneration and social security45 | - | €6k | €15k | €7k | €14k | ▲ 117% |
| Taxes450/3 | - | €911 | €4k | €2k | €12k | ▲ 448% |
| Remuneration and social security454/9 | - | €6k | €11k | €4k | €2k | ▼ 50.1% |
| Other amounts payable47/48 | - | €160k | €142k | €167k | €174k | ▲ 4.3% |
| Accrued charges and deferred income492/3 | - | €2k | - | €167 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €47k | €97k | €53k | €58k | ▲ 9.1% |
| + Depreciation and write-downs630 | €36k | €32k | €36k | €28k | €35k | ▲ 24.8% |
| Operating cash flow (approximation) | €51k | €79k | €133k | €81k | €92k | ▲ 14.5% |
| Investment in fixed assets (approximation) | - | €-60k | €-19k | €-25k | €-27k | ▼ 9.4% |
| Change in cash | - | €55k | €60k | €7k | €116k | ▲ 1,673% |
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Highest result since 2019net €97k ▲106%
Operating result €104k, net result €97k, both a record.
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Equity above €200kEq €218k ▲27.8%
2 profitable years in a row build equity to €218k.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
30-06
Financial
Equity above €150kEq €170k
Equity rises from €-95k to €170k.
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Sint-Truiden · 1 establishment unit since 2003
Ground area
1.0 ha
Building footprint
1,380 m²
Volume, LiDAR
11,352 m³
2 parcels, Flanders · tallest building 20.4 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Demeter
since 20032.134.497.173
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71027A0060/00C000 | Flanders | 9,435 m² | 1 · 1,188 m² | 20.4 m · 3 fl. |
| 71353E1190/00H003 | Flanders | 1,033 m² | 1 · 192 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 46,828 EUR awarded · 46,828 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 12,611 EUR | 12,611 EUR |
| 2024 | 2 | 8,721 EUR | 8,721 EUR |
| 2023 | 2 | 10,440 EUR | 10,440 EUR |
| 2022 | 2 | 15,056 EUR | 15,056 EUR |
Schemes
Brede weersverzekering
Investeringssteun voor land- en tuinbouwers
Subsidie voor de verwarringstechniek in de fruitteelt
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Truiden2.134.497.173
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Of 1,341 companies in sector 01240 we hold annual accounts for 321. 272 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-11-2003
Fiscal year end30-06
Activities, NACEBEL 2025
01240Growing of pome and stone fruits
Scores and ratios are computed by Checked and are not a credit decision.