NORMAL SITUATION

DEMOTRA

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Financial year 2025 · closed on 31/12/2025

Net result

261,3 k €

-15.6% YoY

Gross margin

392,5 k €

-4.7% YoY

Equity

851,4 k €

+0.2% YoY

Company — Normal situation.

Strike-off: 12 août 2026

What does DEMOTRA do?

DEMOTRA is a Public limited company incorporated in 1986.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.476.012

Incorporation

10/09/1986

Legal form

Public limited company

Contributed capital

86 762,73 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007
Income statement
Gross margin	392,5 k €	-4.7%	411,9 k €	+12.8%	365,1 k €	-27.9%	506,6 k €	+83.1%	276,6 k €	+4.0%	266 k €	+2.6%	259,4 k €	-5.0%	273,1 k €	-4.8%	286,9 k €	+6.7%	268,8 k €	-25.5%	360,9 k €	+104%	176,7 k €	-7.7%	191,5 k €	+20.1%	159,4 k €	+11.3%	143,2 k €	+2.7%	139,5 k €
EBITDA	360,7 k €	-5.3%	380,9 k €	+13.6%	335,4 k €	-26.4%	455,6 k €	+76.6%	258 k €	+4.1%	247,8 k €	+2.7%	241,4 k €	-5.1%	254,4 k €	-5.3%	268,7 k €	+6.5%	252,2 k €	-26.8%	344,5 k €	+87.1%	184,2 k €	+3.0%	178,8 k €	+20.4%	148,5 k €	+32.9%	111,8 k €	+1.6%	110 k €
Operating result	350,8 k €	-3.4%	363,1 k €	+19.2%	304,6 k €	-23.8%	399,6 k €	+97.9%	201,9 k €	+7.3%	188,2 k €	+6.1%	177,4 k €	-1.0%	179,3 k €	-6.0%	190,8 k €	+10.5%	172,7 k €	-18.3%	211,5 k €	+113%	99,4 k €	+3.3%	96,3 k €	+172%	35,4 k €	+124%	15,8 k €	-66.1%	46,7 k €
Net result	261,3 k €	-15.6%	309,5 k €	+38.1%	224 k €	-24.9%	298,3 k €	+132%	128,7 k €	+14.0%	112,9 k €	+13.5%	99,4 k €	-3.4%	102,9 k €	-6.3%	109,9 k €	+7.1%	102,6 k €	-9.3%	113,2 k €	+110%	53,9 k €	+6.8%	50,5 k €	+2974%	1,6 k €	-81.4%	8,8 k €	-67.3%	27,1 k €
Balance sheet
Equity	851,4 k €	+0.2%	850,1 k €	+23.1%	690,6 k €	+0.6%	686,6 k €	+22.2%	561,6 k €	-6.9%	603 k €	+23.0%	490,2 k €	+23.9%	395,7 k €	-26.4%	537,8 k €	-14.4%	628,5 k €	-13.4%	726 k €	+18.5%	612,8 k €	+9.6%	559 k €	+9.9%	508,5 k €	+0.3%	506,9 k €	+1.8%	498 k €
Total assets	1,1 M €	+9.7%	1 M €	+10.4%	926,4 k €	-6.2%	988 k €	+0.1%	986,6 k €	-11.7%	1,1 M €	-5.8%	1,2 M €	+6.9%	1,1 M €	-9.8%	1,2 M €	-7.0%	1,3 M €	-12.2%	1,5 M €	+5.6%	1,4 M €	-0.8%	1,4 M €	-3.0%	1,5 M €	+28.2%	1,2 M €	+32.9%	870,3 k €
Cash	182,3 k €	-9.2%	200,7 k €	-10.0%	223,1 k €	+86.8%	119,5 k €	+10.4%	108,2 k €	-40.8%	182,6 k €	-25.9%	246,3 k €	+134%	105,1 k €	-44.5%	189,4 k €	-20.0%	236,9 k €	+78.3%	132,9 k €	-16.7%	159,5 k €	+34.5%	118,5 k €	+104%	58 k €	+89.8%	30,5 k €	+76.6%	17,3 k €
Debts	234,7 k €	+43.5%	163,5 k €	-29.1%	230,8 k €	-21.9%	295,4 k €	-18.9%	364,1 k €	-19.5%	452,2 k €	-27.8%	626,4 k €	+2.5%	610,8 k €	+0.1%	610,5 k €	+0.4%	607,8 k €	-12.2%	692,2 k €	-4.7%	726,3 k €	-4.9%	763,5 k €	-11.0%	857,5 k €	+62.0%	529,2 k €	+98.2%	267 k €
Other
Workforce	–		0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–

Governance

Board of directors

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

Active mandates

C3 MGR

Director · since 23 septembre 2025 · 1021.276.772

Represented by Koen Overlaet-Michiels

Active

Climate 3nergy Real Estate Partners

Director · since 23 septembre 2025 · 1021.340.120

Represented by Tim Brijs

Active

HABLOVA

Managing director · since 30 juin 2023 · 0781.995.489

Represented by Olivier Strobbe

Active

Ended mandates

HABLOVA

Managing director · since 30 juin 2023 · until 08 juin 2029 · 0781.995.489

Represented by Olivier STROBBE

Ended

AGRIMAT

Director · since 21 février 2022 · 0432.268.721

Represented by Guy VANDE VYVERE

Ended

QiBeats

Director · since 21 février 2022 · 0663.525.827

Represented by Michel VANDE VYVERE

Ended

Gerard DE MOOR

Managing director · since 09 septembre 2016 · until 09 septembre 2022

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	21 months	12 months	12 months
Filing date	28/08/2026	30/07/2025	31/07/2024	31/07/2023	29/09/2021	03/11/2020
General meeting	12/06/2026	30/06/2025	30/06/2024	30/06/2023	10/09/2021	11/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/06/2026	28/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Micro model	31/03/2021	10/09/2021	29/09/2021	Dutch	PDF
Micro model	31/03/2020	11/09/2020	03/11/2020	Dutch	PDF
Micro model	31/03/2019	13/09/2019	22/10/2019	Dutch	PDF
Micro model	31/03/2018	14/09/2018	31/10/2018	Dutch	PDF
Micro model	31/03/2017	08/09/2017	31/10/2017	Dutch	PDF
Abridged model	31/03/2016	09/09/2016	31/10/2016	Dutch	PDF
Abridged model	31/03/2015	11/09/2015	12/10/2015	Dutch	PDF
Abridged model	31/03/2014	12/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/03/2013	13/09/2013	27/11/2013	Dutch	PDF
Abridged model	30/09/2011	24/02/2012	27/04/2012	Dutch	PDF
Abridged model	30/09/2010	25/02/2011	12/04/2011	Dutch	PDF
Abridged model	30/09/2009	26/02/2010	29/03/2010	Dutch	PDF
Abridged model	30/09/2008	27/02/2009	25/03/2009	Dutch	PDF
Abridged model	30/09/2007	22/02/2008	31/03/2008	Dutch	PDF
Abridged model	30/09/2006	24/02/2007	12/03/2007	Dutch	PDF

Estimate

Indicative valuation

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

C3 MGR

Director · since 23 septembre 2025 · 1021.276.772

Represented by Koen Overlaet-Michiels

Active

Climate 3nergy Real Estate Partners

Director · since 23 septembre 2025 · 1021.340.120

Represented by Tim Brijs

Active

HABLOVA

Managing director · since 30 juin 2023 · 0781.995.489

Represented by Olivier Strobbe

Active

Ended mandates

HABLOVA

Managing director · since 30 juin 2023 · until 08 juin 2029 · 0781.995.489

Represented by Olivier STROBBE

Ended

AGRIMAT

Director · since 21 février 2022 · 0432.268.721

Represented by Guy VANDE VYVERE

Ended

QiBeats

Director · since 21 février 2022 · 0663.525.827

Represented by Michel VANDE VYVERE

Ended

Gerard DE MOOR

Managing director · since 09 septembre 2016 · until 09 septembre 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring19/08/2026
VERRICHTING GELIJKGESTELD MET EEN FUSIE DOOR ONDERNEMING
PDF
Restructuring22/06/2026
ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Restructuring05/05/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring09/03/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/11/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates15/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2016
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025261,3 k €↓
2024
Annual accounts 2024309,5 k €↑
2023
Annual accounts 2023224 k €↓
2022
Annual accounts 2022298,3 k €↑
2019
Annual accounts 2019128,7 k €↑
2018
Annual accounts 2018112,9 k €↑
2017
Annual accounts 201799,4 k €↓
2016
Annual accounts 2016102,9 k €↓
2015
Annual accounts 2015109,9 k €↑
2014
Annual accounts 2014102,6 k €↓
2013
Annual accounts 2013113,2 k €↑
2011
Annual accounts 201153,9 k €↑
2010
Annual accounts 201050,5 k €↑
2009
Annual accounts 20091,6 k €↓
2008
Annual accounts 20088,8 k €↓
2007
Annual accounts 200727,1 k €
10/09/1986
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DEMOTRA

Overview

What does DEMOTRA do?

Trend over 16 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline