ACTIVE

DEMOCO GROUP

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Financial year 2025 · Closed on 31/12/2025

Net result549,8 k €+3,0 %over 1 year
Revenue13 M €+33,3 %over 1 year
Equity22,4 M €+2,5 %over 1 year
Workforce37,0 ETP+16,0 %over 1 year

Identity

Source · BCE/KBO

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
Contributed capital
12 500 000,00 €
Latest accounts
31/12/2025
Average workforce
37,0 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 40 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue13 M €9,7 M €8,3 M €8,8 M €13,5 M €
EBITDA263,6 k €125,3 k €127,5 k €252 k €138 k €
Operating result86,2 k €58,1 k €111 k €232,2 k €121,4 k €
Net result549,8 k €533,7 k €94,7 k €85,1 k €10,2 M €
Balance sheet
Equity22,4 M €21,8 M €21,3 M €21,2 M €21,1 M €
Total assets26,1 M €26,9 M €30,7 M €25,7 M €28,5 M €
Cash677,5 k €2 M €2 M €1,5 M €1,5 M €
Debts3,7 M €5,1 M €9,4 M €4,4 M €7,3 M €
Other
Workforce37,0 ETP31,9 ETP34,1 ETP34,7 ETP32,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 56 ended

Active mandates

CYGA

Director · since 30 juillet 2024 · until 28 juin 2030 · 0842.191.117

Represented by Philip Demot

Active
JORIS BRAMS

Director · since 30 juillet 2024 · until 25 juin 2027 · 0860.661.303

Represented by Joris Brams

Active
NAMICOM

Director · since 30 juillet 2024 · until 25 juin 2027 · 0827.650.916

Represented by Jos Steegmans

Active
Rafine

Director · since 30 juillet 2024 · until 28 juin 2030 · 1002.554.980

Represented by Raf Houben

Active
Hans WILMOTS

Director · since 03 août 2023 · until 29 juin 2029

Active
TDEVELOPMENT

Managing director · since 22 juin 2022 · until 30 juin 2028 · 0774.835.802

Represented by Thibaud Demot

Active
MaLiBe

Director · since 21 février 2022 · until 31 décembre 2025 · 0770.425.567

Represented by Johan Van den Broeck

Active
Michel DEMOT

Director · since 03 juin 2020 · until 26 juin 2026

Active
SARKRI

Director · since 03 juin 2020 · until 26 juin 2026 · 0476.540.016

Represented by Ronny Houben

Active
TIGA-R

Director · since 03 juin 2020 · until 26 juin 2026 · 0476.540.214

Represented by Rudy Houben

Active

Ended mandates

TDEVELOPMENT

Director · since 22 juin 2022 · until 07 juin 2028 · 0774.835.802

Represented by Thibaud Demot

Ended
FBConstruct

Director · since 21 février 2022 · until 07 juin 2028 · 0835.210.778

Represented by Frederik BIJNENS

Ended
MaLiBe

Director · since 21 février 2022 · until 07 juin 2028 · 0770.425.567

Represented by Johan Van den Broeck

Ended
MaLiBe

Director · since 21 février 2022 · until 30 juin 2028 · 0770.425.567

Represented by Johan Van den Broeck

Ended

Other companies at this address

Herkenrodesingel 4B 3500 Hasselt
CompanyCBE 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
Souverain 280● Active
1042.795.035
TERRA● Active
0879.600.057
THV CASINO FURNIBO DEMOCO● Active
0768.818.634

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date03/07/202627/06/202530/07/202403/08/202323/06/202201/07/2021
General meeting26/06/202627/06/202530/07/202403/08/202322/06/202202/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 40 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202603/07/2026DutchPDF
Full model31/12/202427/06/202527/06/2025DutchPDF
Consolidated accounts31/12/202427/06/202530/06/2025DutchPDF
Full model31/12/202330/07/202430/07/2024DutchPDF
Consolidated accounts31/12/202330/07/202430/07/2024DutchPDF
Full model31/12/202203/08/202303/08/2023DutchPDF
Consolidated accounts31/12/202204/08/202309/08/2023DutchPDF
Full model31/12/202122/06/202223/06/2022DutchPDF
Consolidated accounts31/12/202122/06/202207/07/2022DutchPDF
Full model31/12/202002/06/202101/07/2021DutchPDF
Consolidated accounts31/12/202002/06/202125/06/2021DutchPDF
Full model31/12/201903/06/202026/06/2020DutchPDF
Consolidated accounts31/12/201903/06/202011/06/2020DutchPDF
Full model31/12/201805/06/201926/06/2019DutchPDF
Consolidated accounts31/12/201806/06/201917/06/2019DutchPDF
Full model31/12/201706/06/201826/06/2018DutchPDF
Consolidated accounts31/12/201706/06/201821/06/2018DutchPDF
Full model31/12/201607/06/201726/06/2017DutchPDF
Consolidated accounts31/12/201607/06/201727/06/2017DutchPDF
Full model31/12/201501/06/201609/06/2016DutchPDF
Consolidated accounts31/12/201522/06/201611/08/2016DutchPDF
Full model31/12/201403/06/201519/06/2015DutchPDF
Consolidated accounts31/12/201403/06/201519/06/2015DutchPDF
Full model31/12/201304/06/201406/06/2014DutchPDF
Consolidated accounts31/12/201304/06/201425/06/2014DutchPDF
Full modelCorrection31/12/201205/06/201309/08/2013DutchPDF
Full model31/12/201205/06/201302/07/2013DutchPDF
Consolidated accounts31/12/201205/06/201302/07/2013DutchPDF
Full model31/12/201106/06/201219/06/2012DutchPDF
Consolidated accounts31/12/201106/06/201219/06/2012DutchPDF
Full model31/12/201001/06/201115/06/2011DutchPDF
Consolidated accounts31/12/201001/06/201108/06/2011DutchPDF
Full model31/12/200902/06/201007/06/2010DutchPDF
Consolidated accounts31/12/200902/06/201007/06/2010DutchPDF
Full model31/12/200803/06/200912/06/2009DutchPDF
Consolidated accounts31/12/200803/06/200904/08/2009DutchPDF
Full model31/12/200704/06/200820/06/2008DutchPDF
Consolidated accounts31/12/200704/06/200820/06/2008DutchPDF
Full model31/12/200606/06/200722/06/2007DutchPDF
Consolidated accounts31/12/200606/06/200725/06/2007DutchPDF

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.

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.

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 56 ended

Active mandates

CYGA

Director · since 30 juillet 2024 · until 28 juin 2030 · 0842.191.117

Represented by Philip Demot

Active
JORIS BRAMS

Director · since 30 juillet 2024 · until 25 juin 2027 · 0860.661.303

Represented by Joris Brams

Active
NAMICOM

Director · since 30 juillet 2024 · until 25 juin 2027 · 0827.650.916

Represented by Jos Steegmans

Active
Rafine

Director · since 30 juillet 2024 · until 28 juin 2030 · 1002.554.980

Represented by Raf Houben

Active
Hans WILMOTS

Director · since 03 août 2023 · until 29 juin 2029

Active
TDEVELOPMENT

Managing director · since 22 juin 2022 · until 30 juin 2028 · 0774.835.802

Represented by Thibaud Demot

Active
MaLiBe

Director · since 21 février 2022 · until 31 décembre 2025 · 0770.425.567

Represented by Johan Van den Broeck

Active
Michel DEMOT

Director · since 03 juin 2020 · until 26 juin 2026

Active
SARKRI

Director · since 03 juin 2020 · until 26 juin 2026 · 0476.540.016

Represented by Ronny Houben

Active
TIGA-R

Director · since 03 juin 2020 · until 26 juin 2026 · 0476.540.214

Represented by Rudy Houben

Active

Ended mandates

TDEVELOPMENT

Director · since 22 juin 2022 · until 07 juin 2028 · 0774.835.802

Represented by Thibaud Demot

Ended
FBConstruct

Director · since 21 février 2022 · until 07 juin 2028 · 0835.210.778

Represented by Frederik BIJNENS

Ended
MaLiBe

Director · since 21 février 2022 · until 07 juin 2028 · 0770.425.567

Represented by Johan Van den Broeck

Ended
MaLiBe

Director · since 21 février 2022 · until 30 juin 2028 · 0770.425.567

Represented by Johan Van den Broeck

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/08/2026
    Herbenoeming bestuurder
    PDF
  • Mandates11/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025549,8 k €↑
  2. 2024
    Annual accounts 2024533,7 k €↑
  3. 2023
    Annual accounts 202394,7 k €↑
  4. 2022
    Annual accounts 202285,1 k €↓
  5. 2021
    Annual accounts 202110,2 M €↑
  6. 2020
    Annual accounts 2020979,4 k €↓
  7. 2019
    Annual accounts 20191,2 M €↓
  8. 2018
    Annual accounts 20181,8 M €↓
  9. 2017
    Annual accounts 20172,8 M €↑
  10. 2016
    Annual accounts 2016675,6 k €↓
  11. 2015
    Annual accounts 20151,8 M €↑
  12. 2014
    Annual accounts 20141,5 M €↑
  13. 2013
    Annual accounts 20131,4 M €↓
  14. 2012
    Annual accounts 20122,4 M €↑
  15. 2011
    Annual accounts 20111,4 M €↓
  16. 2010
    Annual accounts 20102 M €↓
  17. 2009
    Annual accounts 20093,4 M €↑
  18. 2008
    Annual accounts 20081,6 M €↑
  19. 2007
    Annual accounts 2007755,2 k €↑
  20. 2006
    Annual accounts 2006431,4 k €
  21. 19/12/2002
    IncorporationPublic limited company