DEMISAN
ActiveDEMISAN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €757k and a net result of €72k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 37960 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▲+5
Solvency80▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.18 in 2023; short-term debt: 31.9% and cash: 0.7% of total assets), and 44.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 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
55.1%
Return on assets
5.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
376 d late
2022
742 d late
2021
1107 d late
2020
92 d late
2019
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€757k▲ 3.0%
2023 · €735k
2018: €599k
2019: €620k
2020: €634k
2021: €613k
2022: €643k
2023: €735k
2018 → 2024
Total assets
€1.37M▼ 4.2%
2023 · €1.43M
2018: €1.14M
2019: €1.07M
2020: €987k
2021: €1.28M
2022: €1.58M
2023: €1.43M
2018 → 2024
Net result
€72k▲ 15.8%
2023 · €62k
2018: €61k
2019: €41k
2020: €13k
2021: €-20k
2022: €29k
2023: €62k
2018 → 2024
Working capital
€-381k▲ 8.3%
2023 · €-415k
2018: €-45k
2019: €-12k
2020: €5k
2021: €-445k
2022: €-653k
2023: €-415k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€634k-€613k▼ 3.2%€643k▲ 4.8%€735k▲ 14.4%€757k▲ 3.0%
Operating result€22k-€-15k€45k€91k▲ 103%€90k▼ 1.6%
Net result€13k-€-20k€29k€62k▲ 112%€72k▲ 15.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 2% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.37M
Fixed assets
€1.32M▼ 1.9%
Current assets
€58k▼ 37.1%
Equity and liabilities €1.37M
Equity
€757k▲ 3.0%
Provisions
€23k=
Debt
€595k▼ 12.1%
The debt ratio falls from 47.2% to 43.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€193k▲
2023 · €189k
Cash flow
€175k▲
2023 · €160k
Solvency
55.1%▲
2023 · 51.2%
Current ratio
0.13▼
2023 · 0.18
Quick ratio
0.04▼
2023 · 0.10
Debt / equity
0.79▼
2023 · 0.92
ROE
9.5%▲
2023 · 8.4%
ROA
5.2%▲
2023 · 4.3%
Interest coverage
19.90▲
2023 · 5.52
Debt
€595k▼
2023 · €677k
Debt ≤ 1 year
€439k▼
2023 · €508k
Debt > 1 year
€156k▼
2023 · €169k
Income taxes
€8k▲
2023 · €-4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.43M€1.37M▼
Fixed assets21/28€1.34M€1.32M▼
Tangible fixed assets22/27€1.34M€1.32M▼
Land and buildings22€1.29M€1.24M▼
Plant, machinery and equipment23€21k€18k▼
Furniture and vehicles24€27k€59k▲
Current assets29/58€92k€58k▼
Stocks and contracts in progress3€41k€41k=
Stocks30/36€41k€41k=
Amounts receivable within one year40/41€46k€5k▼
Trade receivables40€32k€2k▼
Other amounts receivable41€14k€3k▼
Cash at bank and in hand54/58€2k€10k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.43M€1.37M▼
Equity10/15€735k€757k▲
Contributions10/11€189k€189k=
Capital10€189k€189k=
Issued capital100€269k€269k=
Uncalled capital101€80k€80k=
Reserves13€546k€568k▲
Non-distributable reserves130/1€29k€29k=
Legal reserve130€29k€29k=
Tax-exempt reserves132€71k€71k=
Distributable reserves133€447k€469k▲
Provisions and deferred taxes16€23k€23k=
Provisions for liabilities and charges160/5€23k€23k=
Pensions and similar obligations160€23k€23k=
Amounts payable17/49€677k€595k▼
Amounts payable after more than one year17€169k€156k▼
Financial debts170/4€169k€156k▼
Amounts payable within one year42/48€508k€439k▼
Current portion of amounts payable after more than one year42€407k€309k▼
Trade debts44€42k€11k▼
Suppliers440/4€42k€11k▼
Taxes, remuneration and social security45€7k€20k▲
Taxes450/3€7k€10k▲
Remuneration and social security454/9-€9k
Other amounts payable47/48€51k€99k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98k€103k▲
Other operating charges640/8€7k€4k▼
Gross operating margin9900€196k€197k▲
Operating profit (loss)9901€91k€90k▼
Financial income75/76B€869€15▼
Recurring financial income75€869€15▼
Financial charges65/66B€34k€10k▼
Recurring financial charges65€34k€10k▼
Profit (loss) for the period before taxes9903€58k€80k▲
Income taxes67/77€-4k€8k▲
Profit (loss) for the period9904€62k€72k▲
Profit (loss) for the period to be appropriated9905€62k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€72k▲
Transfer to equity691/2€22k€22k▼
To other reserves6921€22k€22k▼
Profit to be distributed694/7€40k€50k▲
Directors or managers695€40k€50k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
11-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 376 days late
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 742 days late
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1107 days late
2024
31-12
Financial
Highest result since 2018net €72k ▲15.8%
Net result €72k, the highest in the series.
2022
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
2021
31-12
Financial
Weakest financial yearnet €-20k ▼251%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 50 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beernem · 1 establishment unit since 2006
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.
Beekstraat 1188730 BeernemGround area
2,984 m²
Building footprint
341 m²
Volume, LiDAR
1,178 m³
Parcel 31021G0125/00G000, Flanders · tallest building 4.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DEMISAN
since 20062.160.123.088
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31021G0125/00G000 | Flanders | 2,984 m² | 1 · 341 m² | 4.0 m · 1 fl. |
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.
Similar companies · same sector, comparable size
GIMAR INVEST
BE 0538.896.960
Gent · Eq €757k
HARTIN
BE 0454.766.484
Schilde · Eq €757k
ASTI & CO
BE 0862.207.561
Halle · Eq €757k
GV Retail
BE 0670.835.469
Sint-Genesius-Rode · Eq €757k
Belgravia Partners
BE 0825.164.152
Tervuren · Eq €757k
Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 30,791 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2006
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.