DEMYBEL
ActiveSummary
DEMYBEL has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.54M and a net result of €-174k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 59% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-25
Solvency90▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.57 in 2024; short-term debt: 34.7% and cash: 1.1% of total assets), and 34.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
192122232425
2019 to 2025 · latest year €-174k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
3 d late
2021
30 d late
2019
1 d early
2018
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.54M▼ 10.1%
2024 · €1.72M
2019: €948k
2021: €1.27M
2022: €1.60M
2023: €1.79M
2024: €1.72M
2019 → 2025
Total assets
€2.37M▼ 4.6%
2024 · €2.48M
2019: €2.59M
2021: €2.86M
2022: €3.10M
2023: €2.77M
2024: €2.48M
2019 → 2025
Net result
€-174k▼ 131%
2024 · €-75k
2019: €73k
2021: €318k
2022: €330k
2023: €198k
2024: €-75k
2019 → 2025
Working capital
€-406k▼ 26.0%
2024 · €-322k
2019: €-986k
2021: €-873k
2022: €-557k
2023: €-256k
2024: €-322k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.27M-€1.60M▲ 26.1%€1.79M▲ 12.4%€1.72M▼ 4.2%€1.54M▼ 10.1%
Operating result€545k-€464k▼ 14.8%€288k▼ 38.0%€-31k€-177k▼ 472%
Net result€318k-€330k▲ 3.8%€198k▼ 40.1%€-75k€-174k▼ 131%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €177k in 2025 against €31k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.37M
Fixed assets
€1.95M ▼ 4.9%
Current assets
€414k ▼ 3.3%
Equity and liabilities €2.37M
Equity
€1.54M ▼ 10.1%
Debt
€820k ▲ 7.8%
Debt's share of the balance-sheet total rises from 30.7% to 34.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-44k▼
2024 · €112k
Cash flow
€-41k▼
2024 · €68k
Current ratio
0.50▼
2024 · 0.57
Debt to equity
0.53▲
2024 · 0.44
ROE
-11.2%▼
2024 · -4.4%
ROA
-7.3%▼
2024 · -3.0%
Interest coverage
-130.90▼
2024 · 2.35
Debt ≤ 1 year
€820k▲
2024 · €751k
Debt > 1 year
€0▼
2024 · €604
Income taxes
€2k▼
2024 · €8k
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 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.48M€2.37M▼
Fixed assets21/28€2.05M€1.95M▼
Tangible fixed assets22/27€2.04M€1.94M▼
Land and buildings22€2.02M€1.92M▼
Furniture and vehicles24€11k€18k▲
Leasing and similar rights25€5k€906▼
Financial fixed assets28€15k€15k=
Current assets29/58€428k€414k▼
Amounts receivable after more than one year29€201k€201k=
Other amounts receivable291€201k€201k=
Amounts receivable within one year40/41€181k€156k▼
Trade receivables40€61k€86k▲
Other amounts receivable41€120k€70k▼
Cash at bank and in hand54/58€20k€26k▲
Deferred charges and accrued income490/1€26k€30k▲
Equity and liabilities
Total equity and liabilities10/49€2.48M€2.37M▼
Equity10/15€1.72M€1.54M▼
Contributions10/11€279k€279k=
Capital10€256k€256k=
Issued capital100€256k€256k=
Outside capital11€23k€23k=
Share premium1100/10€23k€23k=
Reserves13€26k€26k=
Non-distributable reserves130/1€26k€26k=
Legal reserve130€26k€26k=
Profit (loss) carried forward14€1.41M€1.24M▼
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Pensions and similar obligations160€0-
Amounts payable17/49€761k€820k▲
Amounts payable after more than one year17€604€0▼
Financial debts170/4€604€0▼
Amounts payable within one year42/48€751k€820k▲
Current portion of amounts payable after more than one year42€4k€604▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€64k€11k▼
Suppliers440/4€64k€11k▼
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€679k€804k▲
Accrued charges and deferred income492/3€9k€0▼
Income statement
Code20242025
Non-recurring operating income76A€130k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€143k€133k▼
Other operating charges640/8€35k€15k▼
Gross operating margin9900€147k€-29k▼
Operating profit (loss)9901€-31k€-177k▼
Financial income75/76B€11k€6k▼
Recurring financial income75€11k€6k▼
Financial charges65/66B€48k€338▼
Recurring financial charges65€48k€338▼
Profit (loss) for the period before taxes9903€-67k€-172k▼
Income taxes67/77€8k€2k▼
Profit (loss) for the period9904€-75k€-174k▼
Profit (loss) for the period to be appropriated9905€-75k€-174k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.41M€1.24M▼
Profit (loss) brought forward from the previous period14P€1.49M€1.41M▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-174k
Net result drops to €-174k, the lowest in the series.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
31-03
Financial
Highest result since 2019net €330k ▲3.8%
Net result €330k, the highest in the series.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
31-03
Financial
Equity above €1MEq €1.27M ▲33.6%
2 profitable years in a row build equity to €1.27M.
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
17-01
State Gazette act
General meeting · Demerger
Incorporation · Corporate purpose
17-01
State Gazette act
General meeting · Demerger
Real estate · Share issue
Show earlier events
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Kortrijk · 1 establishment unit since 2000
Ground area
8,875 m²
Building footprint
228 m²
Volume, LiDAR
1,174 m³
Parcel 34005A0230/00G000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEMYBEL
since 20002.097.300.544
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34005A0230/00G000 | Flanders | 8,875 m² | 1 · 228 m² | 8.1 m · 2 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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Similar companies · same sector, comparable size
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WELLDOM
BE 0546.757.425
Anderlues · Eq €1,545,452
Carenel
BE 0733.533.301
Sint-Pieters-Woluwe · Eq €1,544,409
JeS
BE 0543.725.976
Destelbergen · Eq €1,545,625
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 23,067 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
Founded04-01-2000
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.