DEMOCO GROUP
0479.223.847 · rovalta.com · 22/09/2026
ACTIVE
DEMOCO GROUP
Financial year 2025 · closed on 31/12/2025
Net result
549,8 k €
+3.0% YoY
Revenue
13 M €
+33.3% YoY
Equity
22,4 M €
+2.5% YoY
Workforce
37,0 ETP
+16.0% YoY
Overview
What does DEMOCO GROUP do?
DEMOCO GROUP is a Public limited company incorporated in 2002. Its main activity is: Activities of holding companies. Its registered office is in Hasselt. It employs on average 37,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0479.223.847
Incorporation
19/12/2002
Legal form
Public limited company
Registered office
Herkenrodesingel 4B
3500 Hasselt · FlandreSee on map
3500 Hasselt · FlandreSee on map
Contributed capital
12 500 000,00 €
Latest accounts
31/12/2025
Average workforce
37,0 ETP
Activities (NACE)
Joint committees (3)
- 100
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Revenue | 13 M € | +33.3% | 9,7 M € | +16.7% | 8,3 M € | -4.8% | 8,8 M € | -35.2% | 13,5 M € | -3.2% | 13,9 M € | +19.2% | 11,7 M € | +57.3% | 7,4 M € | +79.5% | 4,1 M € | +32.1% | 3,1 M € | +5.5% | 3 M € | +24.9% | 2,4 M € | +4.1% | 2,3 M € | +14.3% | 2 M € | +26.9% | 1,6 M € | -13.1% | 1,8 M € | -6.3% | 1,9 M € | +5.3% | 1,8 M € | +32.1% | 1,4 M € | +5.0% | 1,3 M € |
| EBITDA | 263,6 k € | +110% | 125,3 k € | -1.7% | 127,5 k € | -49.4% | 252 k € | +82.6% | 138 k € | -86.4% | 1 M € | +67.3% | 607,9 k € | +60.4% | 378,9 k € | -48.9% | 741,8 k € | +24.2% | 597,3 k € | -19.7% | 743,8 k € | +38.8% | 536,1 k € | +19.5% | 448,7 k € | -0.0% | 448,8 k € | +643% | 60,4 k € | -86.5% | 448,5 k € | -10.6% | 501,8 k € | +46.7% | 342 k € | +94.6% | 175,8 k € | +7.7% | 163,2 k € |
| Operating result | 86,2 k € | +48.4% | 58,1 k € | -47.6% | 111 k € | -52.2% | 232,2 k € | +91.2% | 121,4 k € | -87.8% | 999 k € | +69.0% | 591,1 k € | +65.2% | 357,7 k € | -50.7% | 725,7 k € | +25.7% | 577,3 k € | -21.6% | 736,3 k € | +37.3% | 536,1 k € | +19.5% | 448,7 k € | +0.2% | 447,9 k € | +652% | 59,5 k € | -86.7% | 447,4 k € | -10.7% | 501 k € | +46.5% | 342 k € | +94.6% | 175,8 k € | +7.7% | 163,2 k € |
| Net result | 549,8 k € | +3.0% | 533,7 k € | +464% | 94,7 k € | +11.3% | 85,1 k € | -99.2% | 10,2 M € | +944% | 979,4 k € | -17.2% | 1,2 M € | -33.0% | 1,8 M € | -36.2% | 2,8 M € | +310% | 675,6 k € | -61.8% | 1,8 M € | +20.4% | 1,5 M € | +4.1% | 1,4 M € | -40.3% | 2,4 M € | +67.3% | 1,4 M € | -27.6% | 2 M € | -43.0% | 3,4 M € | +114% | 1,6 M € | +112% | 755,2 k € | +75.1% | 431,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 22,4 M € | +2.5% | 21,8 M € | +2.5% | 21,3 M € | +0.4% | 21,2 M € | +0.4% | 21,1 M € | -17.4% | 25,6 M € | +15.2% | 22,2 M € | +5.6% | 21 M € | -0.2% | 21,1 M € | +0.7% | 20,9 M € | -6.4% | 22,3 M € | +1.0% | 22,1 M € | +0.5% | 22 M € | +1.3% | 21,7 M € | +6.1% | 20,5 M € | +1.9% | 20,1 M € | +4.8% | 19,2 M € | +14.3% | 16,8 M € | +4.2% | 16,1 M € | +2.1% | 15,8 M € |
| Total assets | 26,1 M € | -3.1% | 26,9 M € | -12.5% | 30,7 M € | +19.8% | 25,7 M € | -9.9% | 28,5 M € | -28.3% | 39,8 M € | +34.8% | 29,5 M € | +6.8% | 27,6 M € | +12.1% | 24,6 M € | +4.7% | 23,5 M € | -3.1% | 24,3 M € | +1.6% | 23,9 M € | +2.3% | 23,4 M € | +1.4% | 23,1 M € | +6.7% | 21,6 M € | +1.9% | 21,2 M € | -0.9% | 21,4 M € | -1.0% | 21,6 M € | +13.3% | 19,1 M € | +0.7% | 19 M € |
| Cash | 677,5 k € | -66.0% | 2 M € | +0.8% | 2 M € | +33.6% | 1,5 M € | -3.5% | 1,5 M € | -28.1% | 2,1 M € | +41.1% | 1,5 M € | +139% | 631,7 k € | -38.7% | 1 M € | +10.6% | 931,8 k € | -65.0% | 2,7 M € | +180% | 948,2 k € | -14.5% | 1,1 M € | -33.5% | 1,7 M € | +171% | 614,3 k € | +56.5% | 392,5 k € | +151% | 156,3 k € | +24.5% | 125,6 k € | +220% | 39,2 k € | -62.7% | 105,1 k € |
| Debts | 3,7 M € | -27.4% | 5,1 M € | -46.2% | 9,4 M € | +113% | 4,4 M € | -39.9% | 7,3 M € | -48.2% | 14,2 M € | +94.2% | 7,3 M € | +10.7% | 6,6 M € | +84.3% | 3,6 M € | +36.1% | 2,6 M € | +33.7% | 2 M € | +8.6% | 1,8 M € | +30.4% | 1,4 M € | +4.6% | 1,3 M € | +17.8% | 1,1 M € | +1.0% | 1,1 M € | -50.0% | 2,2 M € | -53.7% | 4,8 M € | +60.4% | 3 M € | -4.4% | 3,1 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 37,0 ETP | +16.0% | 31,9 ETP | -6.5% | 34,1 ETP | -1.7% | 34,7 ETP | +6.4% | 32,6 ETP | -3.3% | 33,7 ETP | -10.6% | 37,7 ETP | +20.1% | 31,4 ETP | +49.5% | 21,0 ETP | +18.6% | 17,7 ETP | +8.6% | 16,3 ETP | +46.8% | 11,1 ETP | +2.8% | 10,8 ETP | +22.7% | 8,8 ETP | +17.3% | 7,5 ETP | 0.0% | 7,5 ETP | +1.4% | 7,4 ETP | -7.5% | 8,0 ETP | 0.0% | 8,0 ETP | -1.2% | 8,1 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 10 active · 56 ended
Active mandates
Active
Active
Active
Active
Hans WILMOTS
ActiveActive
Active
Michel DEMOT
ActiveActive
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
BONNEFANT● Active | 0566.922.339 |
CIRIL● Active | 0440.712.768 |
Craeyenhof● Active | 0404.941.643 |
Craeyenhof Properties● Active | 0677.932.802 |
DAM 71● Active | 0643.904.806 |
DEBUILD● Active | 0749.717.552 |
DEMCOR● Active | 0473.012.085 |
Dem GroupVAT● Active | 0715.490.311 |
DEMOCO● Active | 0440.712.867 |
DOK DEVELOPMENT● Active | 0444.355.515 |
D-Watt● Active | 1002.715.031 |
EZELDIJK DEVELOPMENT● Active | 0848.067.634 |
Hart van Hamme● Active | 0713.699.868 |
Herkenrode Development● Active | 0652.781.195 |
HERK&RED● Active | 0432.874.079 |
NETESTAD IMMO● Active | 0794.720.109 |
SION NETEZICHT● Active | 0844.696.586 |
TERRA● Active | 0879.600.057 |
THV CASINO FURNIBO DEMOCO● Active | 0768.818.634 |
| 0649.450.038 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 03/07/2026 | 27/06/2025 | 30/07/2024 | 03/08/2023 | 23/06/2022 | 01/07/2021 |
| General meeting | 26/06/2026 | 27/06/2025 | 30/07/2024 | 03/08/2023 | 22/06/2022 | 02/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
40 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 26/06/2026 | 03/07/2026 | Dutch | |
| Full model | 31/12/2024 | 27/06/2025 | 27/06/2025 | Dutch | |
| m122-f-p | 31/12/2024 | 27/06/2025 | 30/06/2025 | Dutch | |
| Full model | 31/12/2023 | 30/07/2024 | 30/07/2024 | Dutch | |
| m122-f-p | 31/12/2023 | 30/07/2024 | 30/07/2024 | Dutch | |
| Full model | 31/12/2022 | 03/08/2023 | 03/08/2023 | Dutch | |
| m122-f-p | 31/12/2022 | 04/08/2023 | 09/08/2023 | Dutch | |
| Full model | 31/12/2021 | 22/06/2022 | 23/06/2022 | Dutch | |
| m122-f-p | 31/12/2021 | 22/06/2022 | 07/07/2022 | Dutch | |
| Full model | 31/12/2020 | 02/06/2021 | 01/07/2021 | Dutch | |
| m120-f-p | 31/12/2020 | 02/06/2021 | 25/06/2021 | Dutch | |
| Full model | 31/12/2019 | 03/06/2020 | 26/06/2020 | Dutch | |
| m120-f-p | 31/12/2019 | 03/06/2020 | 11/06/2020 | Dutch | |
| Full model | 31/12/2018 | 05/06/2019 | 26/06/2019 | Dutch | |
| m120-f-p | 31/12/2018 | 06/06/2019 | 17/06/2019 | Dutch | |
| Full model | 31/12/2017 | 06/06/2018 | 26/06/2018 | Dutch | |
| m120-f-p | 31/12/2017 | 06/06/2018 | 21/06/2018 | Dutch | |
| Full model | 31/12/2016 | 07/06/2017 | 26/06/2017 | Dutch | |
| m120-f-p | 31/12/2016 | 07/06/2017 | 27/06/2017 | Dutch | |
| Full model | 31/12/2015 | 01/06/2016 | 09/06/2016 | Dutch | |
| m120-f-p | 31/12/2015 | 22/06/2016 | 11/08/2016 | Dutch | |
| Full model | 31/12/2014 | 03/06/2015 | 19/06/2015 | Dutch | |
| m120-f-p | 31/12/2014 | 03/06/2015 | 19/06/2015 | Dutch | |
| Full model | 31/12/2013 | 04/06/2014 | 06/06/2014 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 10 active · 56 ended
Active mandates
Active
Active
Active
Active
Hans WILMOTS
ActiveActive
Active
Michel DEMOT
ActiveActive
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates31/08/2026Herbenoeming bestuurder
- Mandates11/06/2026ONTSLAGEN - BENOEMINGEN
- Mandates09/09/2025ONTSLAGEN - BENOEMINGEN
- Mandates25/09/2024ONTSLAGEN - BENOEMINGEN
- Mandates17/07/2024ONTSLAGEN - BENOEMINGEN
- Mandates05/07/2024ONTSLAGEN - BENOEMINGEN
- Other13/03/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates12/01/2024ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025549,8 k €↑
- 2024Annual accounts 2024533,7 k €↑
- 2023Annual accounts 202394,7 k €↑
- 2022Annual accounts 202285,1 k €↓
- 2021Annual accounts 202110,2 M €↑
- 2020Annual accounts 2020979,4 k €↓
- 2019Annual accounts 20191,2 M €↓
- 2018Annual accounts 20181,8 M €↓
- 2017Annual accounts 20172,8 M €↑
- 2016Annual accounts 2016675,6 k €↓
- 2015Annual accounts 20151,8 M €↑
- 2014Annual accounts 20141,5 M €↑
- 2013Annual accounts 20131,4 M €↓
- 2012Annual accounts 20122,4 M €↑
- 2011Annual accounts 20111,4 M €↓
- 2010Annual accounts 20102 M €↓
- 2009Annual accounts 20093,4 M €↑
- 2008Annual accounts 20081,6 M €↑
- 2007Annual accounts 2007755,2 k €↑
- 2006Annual accounts 2006431,4 k €
- 19/12/2002IncorporationPublic limited company