ACTIVE

Demalco

Financial year 2025 · closed on 31/12/2025
Net result
-10,6 k €
+69.5% YoY
Gross margin
-10,9 k €
+65.3% YoY
Equity
1,7 M €
-0.6% YoY

What does Demalco do?

Demalco is a Public limited company incorporated in 1981. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.372.147
Incorporation
22/12/1981
Legal form
Public limited company
Registered office
Guldenbergplantsoen(Kor) 5
8500 Kortrijk · FlandreSee on map
Contributed capital
467 309,04 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120132012201120102009200820072006
Income statement
Gross margin-10,9 k €-31,4 k €-5,7 k €-7,4 k €-1,8 k €-9,8 k €5,5 k €4,5 k €19,6 k €19,6 k €13,4 k €17,9 k €21,5 k €
EBITDA-18,8 k €-40,1 k €-26 k €-23,1 k €-10,7 k €-16,8 k €-2,1 k €-3,4 k €10,5 k €9,6 k €3,7 k €10,6 k €13,5 k €
Operating result-36,1 k €-57,4 k €-43,3 k €-40,4 k €-27,5 k €-64,6 k €-48,8 k €-38,5 k €-25,8 k €-20,6 k €-26,5 k €-15,5 k €-13,6 k €
Net result-10,6 k €-34,9 k €-13,6 k €-22,6 k €-19,9 k €-37,7 k €24,8 k €35,1 k €236,7 k €-4,8 k €27,9 k €89,3 k €-3 k €
Balance sheet
Equity1,7 M €1,8 M €1,8 M €1,8 M €1,8 M €1,9 M €1,9 M €1,9 M €1,8 M €1,6 M €1,6 M €1,6 M €1,5 M €
Total assets1,8 M €1,9 M €1,9 M €1,9 M €1,9 M €2,1 M €2,2 M €2,3 M €2,1 M €1,8 M €1,8 M €1,7 M €1,6 M €
Cash115,4 k €173,8 k €217,8 k €226,1 k €250,5 k €22,7 k €40,4 k €145,5 k €11,7 k €714,6 k €22,3 k €26,9 k €45,6 k €
Debts4,9 k €44,9 k €44,1 k €23,6 k €25 k €2,5 k €3 k €110,5 k €2,5 k €3,6 k €2,5 k €2,5 k €6,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 18 ended

Active mandates

Anne-Sophie MAELFAIT

Managing director · since 04 décembre 2024 · until 19 décembre 2025

Active
Silvère MAELFAIT

Managing director · since 04 décembre 2024 · until 22 juillet 2025

Active
Dominique MAELFAIT

Managing director

Active

Ended mandates

Anne-Sophie MAELFAIT

Director · since 04 décembre 2024 · until 04 mai 2030

Ended
Dominique MAELFAIT

Director · since 04 décembre 2024 · until 04 mai 2030

Ended
Silvère MAELFAIT

Managing director · since 04 décembre 2024 · until 04 mai 2030

Ended
Nicole LEFEVERE

Director · since 07 mai 2005 · until 06 mai 2017

Ended
At this address

Other companies at this address

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0739.690.227
HIGHRISEActive
0838.007.249
ISPAActive
0683.821.888
PATRINVESTActive
0683.822.284
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202531/12/202331/12/202231/12/202131/12/202031/12/2019
Closing of the financial year31/12/202531/12/202430/12/202330/12/202230/12/202130/12/2020
Length of the financial year12 months13 months13 months13 months13 months13 months
Filing date04/05/202605/05/202504/06/202410/05/202309/05/202228/06/2021
General meeting02/05/202603/05/202504/05/202406/05/202307/05/202224/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/05/202604/05/2026DutchPDF
Micro model31/12/202403/05/202505/05/2025DutchPDF
Micro model30/12/202304/05/202404/06/2024DutchPDF
Micro model30/12/202206/05/202310/05/2023DutchPDF
Micro model30/12/202107/05/202209/05/2022DutchPDF
Micro model30/12/202024/06/202128/06/2021DutchPDF
Micro model30/12/201927/05/202003/06/2020DutchPDF
Micro model30/12/201829/05/201903/06/2019DutchPDF
Micro model30/12/201725/06/201826/06/2018DutchPDF
Abridged model30/12/201606/05/201716/05/2017DutchPDF
Abridged model30/12/201507/05/201613/06/2016DutchPDF
Abridged model30/12/201402/05/201523/06/2015DutchPDF
Abridged model30/12/201303/05/201401/07/2014DutchPDF
Abridged model30/12/201204/05/201314/05/2013DutchPDF
Abridged model30/12/201105/05/201220/06/2012DutchPDF
Abridged model30/12/201007/05/201104/07/2011DutchPDF
Abridged model30/12/200903/05/201021/05/2010DutchPDF
Abridged model30/12/200802/05/200920/05/2009DutchPDF
Abridged model30/12/200703/05/200822/05/2008DutchPDF
Abridged model30/12/200605/05/200716/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 18 ended

Active mandates

Anne-Sophie MAELFAIT

Managing director · since 04 décembre 2024 · until 19 décembre 2025

Active
Silvère MAELFAIT

Managing director · since 04 décembre 2024 · until 22 juillet 2025

Active
Dominique MAELFAIT

Managing director

Active

Ended mandates

Anne-Sophie MAELFAIT

Director · since 04 décembre 2024 · until 04 mai 2030

Ended
Dominique MAELFAIT

Director · since 04 décembre 2024 · until 04 mai 2030

Ended
Silvère MAELFAIT

Managing director · since 04 décembre 2024 · until 04 mai 2030

Ended
Nicole LEFEVERE

Director · since 07 mai 2005 · until 06 mai 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Mandates13/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/08/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2005
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/11/2002
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-10,6 k €
  2. 2024
    Annual accounts 2024-34,9 k €
  3. 2023
    Annual accounts 2023-13,6 k €
  4. 2022
    Annual accounts 2022-22,6 k €
  5. 2021
    Annual accounts 2021-19,9 k €
  6. 2013
    Annual accounts 2013-37,7 k €
  7. 2012
    Annual accounts 201224,8 k €
  8. 2011
    Annual accounts 201135,1 k €
  9. 2010
    Annual accounts 2010236,7 k €
  10. 2009
    Annual accounts 2009-4,8 k €
  11. 2008
    Annual accounts 200827,9 k €
  12. 2007
    Annual accounts 200789,3 k €
  13. 2006
    Annual accounts 2006-3 k €
  14. 22/12/1981
    IncorporationPublic limited company