ACTIVE

DEMSONAR

Financial year 2025 · closed on 31/12/2025
Net result
-53,5 k €
+14.7% YoY
Gross margin
291,7 k €
+5.3% YoY
Equity
2,9 M €
-1.8% YoY

What does DEMSONAR do?

DEMSONAR is a Public limited company incorporated in 1989. Its registered office is in Merelbeke-Melle.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0438.672.897
Incorporation
11/10/1989
Legal form
Public limited company
Registered office
Guldensporenpark 117A
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
309 866,91 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin291,7 k €277,1 k €323,4 k €400 k €259,7 k €510,5 k €486,7 k €371,2 k €2,3 M €-8,3 k €-532,7 €43,8 k €51 k €36,6 k €35,3 k €28,1 k €27,3 k €25,2 k €
EBITDA289,7 k €275,6 k €322 k €399 k €243 k €509,6 k €485,2 k €369,1 k €2,2 M €-78,9 k €-6,4 k €36,2 k €43,6 k €29,4 k €28,3 k €28,1 k €27,3 k €25,2 k €
Operating result155,5 k €147,1 k €208,9 k €297,5 k €150,7 k €425,7 k €440,3 k €369,1 k €2,2 M €-78,9 k €-18,3 k €18,5 k €9,7 k €8,6 k €6,4 k €6,2 k €11,3 k €10,2 k €
Net result-53,5 k €-62,7 k €-2,1 k €62,6 k €74,7 k €309,7 k €421 k €297,4 k €1,5 M €-77 k €-17,8 k €18,1 k €9,1 k €25,9 k €5,3 k €5,9 k €11,3 k €10,2 k €
Balance sheet
Equity2,9 M €2,9 M €3 M €3 M €2,9 M €2,7 M €2,5 M €2 M €1,7 M €251,2 k €328,2 k €345,9 k €327,8 k €318,7 k €292,9 k €287,6 k €281,7 k €270,4 k €
Total assets5,7 M €5,7 M €5,5 M €5,2 M €5,1 M €5,5 M €5,8 M €3,6 M €2,5 M €280,4 k €338,6 k €354,8 k €397,9 k €347,4 k €315 k €315,3 k €281,7 k €270,4 k €
Cash34,1 k €22,1 k €46,6 k €148,1 k €216,6 k €929,3 k €174,3 k €191,7 k €2,3 M €13,4 k €1,9 k €940,2 €951,8 €2,3 k €1,9 k €2,9 k €2,1 k €
Debts1,9 M €1,8 M €1,6 M €1,3 M €1,3 M €1,8 M €2,4 M €757,5 k €31,5 k €23,2 k €10,4 k €8,9 k €70,1 k €28,6 k €22,1 k €27,7 k €
Other
Workforce0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 34 ended

Active mandates

ALDEA GROUP

Director · since 31 janvier 2025 · until 06 juin 2031 · 0843.673.732

Represented by Geert Wellens

Active
INTERNATIONAL ESTATE MANAGEMENT

Director · since 31 janvier 2025 · until 06 juin 2031 · 0597.811.889

Represented by Christophe Desimpel

Active
Sébastien Berden

Director · since 31 janvier 2025 · until 06 juin 2031

Active

Ended mandates

ALDEA GROUP

Director · since 31 janvier 2025 · until 06 juin 2031 · 0843.673.732

Represented by Wellens GEERT

Ended
HET KAPITTELHOF

Director · since 31 janvier 2025 · until 06 juin 2031 · 0471.411.288

Represented by Desimpel CHRISTOPHE

Ended
ALDEA GROUP

Managing director · since 09 octobre 2023 · until 08 octobre 2029 · 0843.673.732

Represented by Christophe Desimpel

Ended
JLD

Director · since 09 octobre 2023 · until 31 janvier 2025 · 0881.622.310

Represented by Jean-Luc Desmet

Ended
At this address

Other companies at this address

CompanyCBE no.
CURAVATActive
0773.808.095
CuraviActive
0743.648.916
EUROBUILDLiquidation
0464.856.860
0461.078.513
Hedra TerraActive
0886.051.547
IMMO DESIMPELActive
0405.571.747
KESTERBERGActive
0884.500.240
SimecLiquidation
0402.977.194
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/06/202618/06/202527/06/202423/08/202331/08/202228/07/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202623/06/2026DutchPDF
Abridged model31/12/202406/06/202518/06/2025DutchPDF
Abridged model31/12/202307/06/202427/06/2024DutchPDF
Abridged model31/12/202202/06/202323/08/2023DutchPDF
Abridged model31/12/202103/06/202231/08/2022DutchPDF
Abridged model31/12/202004/06/202128/07/2021DutchPDF
Abridged model31/12/201910/07/202027/07/2020DutchPDF
Abridged model30/09/201802/03/201929/03/2019DutchPDF
Abridged modelCorrection30/09/201703/03/201820/08/2018DutchPDF
Abridged model30/09/201703/03/201826/03/2018DutchPDF
Abridged model30/09/201604/03/201706/04/2017DutchPDF
Abridged model30/09/201505/03/201624/05/2016DutchPDF
Abridged model30/09/201407/03/201510/03/2015DutchPDF
Abridged model30/09/201301/03/201404/03/2014DutchPDF
Abridged model30/09/201202/03/201326/03/2013DutchPDF
Abridged model30/09/201103/03/201227/03/2012DutchPDF
Abridged model30/09/201005/03/201116/05/2011DutchPDF
Abridged model30/09/200906/03/201007/05/2010DutchPDF
Abridged model30/09/200807/03/200925/03/2009DutchPDF
Abridged model30/09/200701/03/200816/05/2008DutchPDF
Abridged model30/09/200603/03/200730/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 34 ended

Active mandates

ALDEA GROUP

Director · since 31 janvier 2025 · until 06 juin 2031 · 0843.673.732

Represented by Geert Wellens

Active
INTERNATIONAL ESTATE MANAGEMENT

Director · since 31 janvier 2025 · until 06 juin 2031 · 0597.811.889

Represented by Christophe Desimpel

Active
Sébastien Berden

Director · since 31 janvier 2025 · until 06 juin 2031

Active

Ended mandates

ALDEA GROUP

Director · since 31 janvier 2025 · until 06 juin 2031 · 0843.673.732

Represented by Wellens GEERT

Ended
HET KAPITTELHOF

Director · since 31 janvier 2025 · until 06 juin 2031 · 0471.411.288

Represented by Desimpel CHRISTOPHE

Ended
ALDEA GROUP

Managing director · since 09 octobre 2023 · until 08 octobre 2029 · 0843.673.732

Represented by Christophe Desimpel

Ended
JLD

Director · since 09 octobre 2023 · until 31 janvier 2025 · 0881.622.310

Represented by Jean-Luc Desmet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office12/11/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates27/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/02/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/01/2020
    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

Timeline

  1. 2025
    Annual accounts 2025-53,5 k €
  2. 2024
    Annual accounts 2024-62,7 k €
  3. 2023
    Annual accounts 2023-2,1 k €
  4. 2022
    Annual accounts 202262,6 k €
  5. 2021
    Annual accounts 202174,7 k €
  6. 2020
    Annual accounts 2020309,7 k €
  7. 2019
    Annual accounts 2019421 k €
  8. 2018
    Annual accounts 2018297,4 k €
  9. 2017
    Annual accounts 20171,5 M €
  10. 2016
    Annual accounts 2016-77 k €
  11. 2015
    Annual accounts 2015-17,8 k €
  12. 2014
    Annual accounts 201418,1 k €
  13. 2013
    Annual accounts 20139,1 k €
  14. 2012
    Annual accounts 201225,9 k €
  15. 2011
    Annual accounts 20115,3 k €
  16. 2010
    Annual accounts 20105,9 k €
  17. 2009
    Annual accounts 200911,3 k €
  18. 2008
    Annual accounts 200810,2 k €
  19. 11/10/1989
    IncorporationPublic limited company