OPENING OF BANKRUPTCY

DEMACOR

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Financial year 2024 · closed on 31/12/2024
Net result
13,5 k €
+1134.7% YoY
Gross margin
38,5 k €
+142.0% YoY
Equity
163,9 k €
+13.7% YoY

Company — Opening of bankruptcy.

Strike-off: 17 juillet 2026

What does DEMACOR do?

DEMACOR is a Private limited company incorporated in 2010. Its main activity is: Painting and glazing. Its registered office is in Beernem.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0831.351.366
Incorporation
24/11/2010
Legal form
Private limited company
Registered office
Beekstraat 109 B
8730 Beernem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Activities (NACE)
43341Painting and glazing· main43341Painting and glazing43320Joinery installation43320Joinery installation43332Floor and wall covering43332Floor and wall covering+2
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2024202320222021202020192018201720162015201420132012
Income statement
Gross margin38,5 k €15,9 k €24,6 k €20,7 k €36,9 k €46,6 k €22,4 k €22,8 k €5,8 k €9,8 k €24,4 k €7,5 k €8,7 k €
EBITDA34,7 k €12,8 k €21,4 k €18,7 k €34 k €45,2 k €21 k €21,3 k €4,7 k €9,1 k €23,4 k €6,9 k €7,6 k €
Operating result17,8 k €-3,9 k €18,2 k €18,4 k €32,1 k €42,9 k €14,1 k €11,6 k €-2 k €-2 k €23,3 k €6,9 k €7,6 k €
Net result13,5 k €1,1 k €18,8 k €21,4 k €25,5 k €41,2 k €22,3 k €11,2 k €1,2 k €1,5 k €20,1 k €6,5 k €5,9 k €
Balance sheet
Equity163,9 k €144,2 k €143,1 k €124,3 k €112,8 k €102,3 k €81,1 k €58,8 k €47,6 k €46,4 k €44,9 k €24,8 k €18,3 k €
Total assets200,8 k €222,6 k €231,7 k €172,1 k €194,8 k €175,1 k €131,4 k €115,2 k €101,5 k €90,4 k €54 k €40,9 k €24,7 k €
Cash–144,2 €347,4 €2,4 k €1,4 k €1,3 k €118,2 €88,2 €3,2 k €61,6 €645,3 €252,9 €2,4 k €
Debts36,9 k €78,4 k €88,1 k €47,4 k €80,2 k €70,9 k €49,2 k €56,2 k €54 k €44 k €9,1 k €16 k €6,4 k €
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Marnix Devliegere

Director · since 01 novembre 2010

Active

Ended mandates

Marnix Devliegere

Manager · since 01 novembre 2010

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/05/202301/05/202201/05/202101/05/202001/05/201901/05/2018
Closing of the financial year31/12/202430/04/202330/04/202230/04/202130/04/202030/04/2019
Length of the financial year20 months12 months12 months12 months12 months12 months
Filing date22/04/202613/03/202413/03/202421/12/202110/12/202010/12/2020
General meeting25/06/202513/03/202413/03/202430/10/202131/10/202026/10/2019
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202425/06/202522/04/2026DutchPDF
Micro model30/04/202313/03/202413/03/2024DutchPDF
Micro model30/04/202213/03/202413/03/2024DutchPDF
Micro model30/04/202130/10/202121/12/2021DutchPDF
Micro model30/04/202031/10/202010/12/2020DutchPDF
Micro model30/04/201926/10/201910/12/2020DutchPDF
Micro model30/04/201827/11/201810/12/2020DutchPDF
Micro model30/04/201728/10/201730/11/2017DutchPDF
Abridged model30/04/201629/10/201625/01/2017DutchPDF
Abridged model30/04/201531/10/201523/11/2015DutchPDF
Abridged model30/04/201425/10/201419/11/2014DutchPDF
Abridged model30/04/201326/10/201318/12/2013DutchPDF
Abridged model30/04/201227/10/201228/11/2012DutchPDF
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 31/12/2024 · 1 active · 1 ended

Active mandates

Marnix Devliegere

Director · since 01 novembre 2010

Active

Ended mandates

Marnix Devliegere

Manager · since 01 novembre 2010

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/03/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office10/07/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office15/02/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other06/12/2010
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2024
    Annual accounts 202413,5 k €↑
  2. 2023
    Annual accounts 20231,1 k €↓
  3. 2022
    Annual accounts 202218,8 k €↓
  4. 2021
    Annual accounts 202121,4 k €↓
  5. 2020
    Annual accounts 202025,5 k €↓
  6. 2019
    Annual accounts 201941,2 k €↑
  7. 2018
    Annual accounts 201822,3 k €↑
  8. 2017
    Annual accounts 201711,2 k €↑
  9. 2016
    Annual accounts 20161,2 k €↓
  10. 2015
    Annual accounts 20151,5 k €↓
  11. 2014
    Annual accounts 201420,1 k €↑
  12. 2013
    Annual accounts 20136,5 k €↑
  13. 2012
    Annual accounts 20125,9 k €
  14. 24/11/2010
    IncorporationPrivate limited company