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DEMO

Active
Public limited companyfounded 1993active for 33 yearsMolenberg(SDB) 4, 9630 Zwalm, BelgiumKBO/BCE: BE 0449.921.335
Summary

DEMO has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €129,628. Equity remains stable across the filed financial years (±2.2% per year). Its solvency ranks better than 84% of 5,675 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Freight transport by road
NACE 49410Renting and operating of own or leased non-residential real estate, excluding land NACE 68203
1 site
Size
€2.3mtotal assets 2025
Equity
€1.8m
Profit
€129,628
Turnover not published (abbreviated or micro format)
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 29 days early0 of 5 deeds read
Why 91raises riskLiquidity: current ratio 0.66, cash €5,581, halvedSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1993Size: total assets €2.3mShow the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 59% of its sector peers (NACE 49, small)
Financial strength · tick = 2024
Strong
Solvency 100+3
equity 76.9% of total assets
Liquidity 45+1
short-term debt 18.1% · cash 0.2%
Profitability 76+2
return on assets 5.7%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.5% (1,179 companies, NACE 49, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025highest value 05-2025: 0.2%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged 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: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%▼ -0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.66, compared with 0.65 in 2024; short-term debt: 18.1% and cash: 0.2% of total assets), and 23.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 49, small): better than 95% on solvency, 49% on liquidity, 64% on profitability and 28% on growth.

The bankruptcy probability was computed on 09-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.66, cash €5,581, halved
NBB · annual accounts
lowers risk · Founded in 1993
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Size: total assets €2.3m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-04-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
27 days early
2023
30 days early
2022
33 days early
2021
30 days early
2020
4 days early
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end09-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Weakest financial yearnet €94,100 ▼56%

Key points

  • Positive: Among the best 5% on net resultsector median €5,764 · 5,648 companies €129,628 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €129,628 7 years View

By topic

Financials

Financial year
2025
Total assets
€2.3m
Profit
€129,628
Solvency
76.9%
Total assets▼ 6.7%
Net result
20192025
Go to Financials

Timeline

Events
34
Since
1995
Next accounts
by 30-04-2027
  1. 31-03-2024Annual accounts filed
  2. 28-03-2023Annual accounts filed
  3. 30-09-2022Highest result from 2019 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Freight transport by roadNACE 49410
Founded
15-04-1993
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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