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DEMOCO GROUP

Active Risk: not assessed
Public limited companyfounded 2002active for 23 yearsHerkenrodesingel 4B, 3500 Hasselt, Belgium46 active companies are registered at this addressKBO/BCE: BE 0479.223.847
Summary

DEMOCO GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €22.4m and a net result of €549,826. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 74% of 3,015 sector peers (NACE 64, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.

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DEMOCO GROUPActive
Risk analysis ReportCompare

Overview

Activity
Activities of holding companies
NACE 64210
Largest employer in Hasselt, Finance and insurance sector1 site
Size
€13.0mturnover 2025
Staff
37 FTE
Equity
€22.4m
Profit
€549,826
Standalone figures, without subsidiaries
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Parent
CYGA · 64.12%
Board
8 members
Holdings
7
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES2025 accounts 29 days early
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
29 days early
2024
34 days early
2023
1 day early
2022
3 days late
2021
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 20 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Sarkri NV, Tiga-R NV and…Permanent representatives: Ronny Houben, Rudy…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2025 · unclassified…

Key points

  • Positive: Largest employer in Hasselt, Finance and insurance sectorin the Checked rankings No. 1 View
  • Controlled by CYGAknown shareholders 99.99% 64.12% View
  • Positive: 8 profitable years in a rowprofit 2025: €549,826 8 years View
  • Positive: Turnover rose in 2025from €9.7m to €13.0m ▲ 33.3% View
  • A director leftlatest change 31-12-2025 · 8 in office 1 left View
  • Flemish supportawarded from 2022 to 2025 €93,464 View

By topic

Financials

Financial year
2025
Turnover
€13.0m
Profit
€549,826
Solvency
85.9%
Turnover▲ 33.3%
Net result
20182025
Go to Financials

Board & ownership

Board
8 members
Parent
CYGA · 64.12%
Known shareholders
99.99%
Auditor
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
  • Michel DemotDirector
  • SARKRIDirector
  • TIGA-RDirector
  • MANPODirector
  • PVMADirector

and 3 other directors

Go to Board & ownership

Network & group

Subsidiaries, all levels
9
Direct holdings
7
Connected companies
12

9 subsidiaries

Go to Network & group

Timeline

Events
69
Since
2004
Next accounts
by 31-07-2027
  1. 11-06-2026Resignation: MaLiBe BV (director)
  2. 09-09-2025Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)
  3. 30-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Activities of holding companiesNACE 64210
Founded
19-12-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
8
Annual meeting
Last Friday of June at 10:00
Purpose
“1/ De participatie, onder welke vorm het ook zij, in de oprichting, ontwikkeling…” (deed in Dutch)
Go to Articles of association

Key facts about DEMOCO GROUP

What is the company number of DEMOCO GROUP?
0479.223.847. In Belgium the VAT number is the company number with BE in front: BE 0479.223.847.
Where is DEMOCO GROUP based?
The registered office is at Herkenrodesingel 4B, 3500 Hasselt.Company details
What does DEMOCO GROUP do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of DEMOCO GROUP?
Public limited company (NV).
When was DEMOCO GROUP founded?
On 19-12-2002.
Is DEMOCO GROUP still active?
Yes, DEMOCO GROUP is an active enterprise in the KBO register.
How many employees does DEMOCO GROUP have?
On average 37 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DEMOCO GROUP?
€13.0m in financial year 2025, according to the filed annual accounts.
Is DEMOCO GROUP profitable?
In financial year 2025, DEMOCO GROUP made a profit of €549,826.
Where can I find the annual accounts of DEMOCO GROUP?
DEMOCO GROUP filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEMOCO GROUP due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to DEMOCO GROUP

Parent and group

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

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