Demonstrate
0875.357.197 · rovalta.com · 21/09/2026
ACTIVE
Demonstrate
Financial year 2025 · closed on 31/12/2025
Net result
678,2 k €
-15.4% YoY
Gross margin
2,2 M €
+15.0% YoY
Equity
-3,2 M €
+17.3% YoY
Workforce
20,3 ETP
+32.7% YoY
Overview
What does Demonstrate do?
Demonstrate is a Private limited company incorporated in 2005. Its main activity is: Other information technology and computer service activities. Its registered office is in Bruxelles. It employs on average 20,3 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0875.357.197
Incorporation
01/08/2005
Legal form
Private limited company
Registered office
Quai des Péniches 63-64
1000 Bruxelles · BruxellesSee on map
1000 Bruxelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
20,3 ETP
Activities (NACE)
Joint committees (3)
- 100
- 200
- 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 2,2 M € | +15.0% | 2 M € | -43.9% | 3,5 M € | – | – | – | – | 4 M € | +19.7% | 3,4 M € | +46.8% | 2,3 M € | -18.1% | 2,8 M € | +527430% | -530,1 € | +42.9% | -928,8 € | -2.9% | -902,9 € | +4.2% | -942,3 € | -23.7% | -762 € | -151% | 1,5 k € | +397% | 297,8 € | |||||
| EBITDA | 812,9 k € | -18.1% | 992,6 k € | +121% | -4,7 M € | -952% | 547,3 k € | +288% | -291,3 k € | -280% | 161,5 k € | -66.2% | 478,4 k € | -19.4% | 593,9 k € | +67.4% | 354,9 k € | -23.6% | 464,7 k € | -33.5% | 698,6 k € | +79699% | -877,6 € | +31.5% | -1,3 k € | +5.5% | -1,4 k € | -3.0% | -1,3 k € | -18.0% | -1,1 k € | -313% | 522 € | +106% | -9 k € |
| Operating result | 799,2 k € | -19.2% | 988,8 k € | +121% | -4,7 M € | -956% | 545,1 k € | +257% | -347,9 k € | -1155% | 33 k € | -67.1% | 100,3 k € | -48.0% | 192,8 k € | +12.0% | 172,1 k € | +23.4% | 139,5 k € | +16.5% | 119,7 k € | +13744% | -877,6 € | +31.5% | -1,3 k € | +5.5% | -1,4 k € | -3.0% | -1,3 k € | -18.0% | -1,1 k € | -313% | 522 € | +106% | -9,4 k € |
| Net result | 678,2 k € | -15.4% | 801,6 k € | +116% | -4,9 M € | -1232% | 430,6 k € | +231% | -329,9 k € | -356% | -72,4 k € | -149% | -29 k € | -1791% | 1,7 k € | -96.0% | 42,5 k € | +107% | 20,5 k € | +1.6% | 20,2 k € | +2365% | -892,2 € | +31.1% | -1,3 k € | +6.5% | -1,4 k € | -2.4% | -1,4 k € | -20.9% | -1,1 k € | -507% | 274,6 € | +103% | -9,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | -3,2 M € | +17.3% | -3,9 M € | +17.0% | -4,7 M € | -3094% | 157,6 k € | +158% | -273 k € | -579% | 56,9 k € | -4.1% | 59,4 k € | -32.8% | 88,4 k € | +2.0% | 86,7 k € | +96.1% | 44,2 k € | +86.7% | 23,7 k € | +583% | 3,5 k € | -20.5% | 4,4 k € | -22.9% | 5,7 k € | -19.7% | 7 k € | -16.1% | 8,4 k € | -11.8% | 9,5 k € | +3.0% | 9,2 k € |
| Total assets | 2,5 M € | +51.2% | 1,7 M € | -21.7% | 2,2 M € | -79.9% | 10,7 M € | +54.1% | 6,9 M € | -8.0% | 7,6 M € | +2.5% | 7,4 M € | +5.4% | 7 M € | +8.1% | 6,5 M € | +39.8% | 4,6 M € | -8.7% | 5,1 M € | +137205% | 3,7 k € | -52.3% | 7,7 k € | +2.0% | 7,6 k € | +1.1% | 7,5 k € | -19.1% | 9,3 k € | -9.3% | 10,2 k € | -3.9% | 10,6 k € |
| Cash | 105,3 k € | +438549% | 24 € | – | 127,9 k € | +67.9% | 76,2 k € | -72.4% | 276,4 k € | -69.1% | 894,2 k € | -51.4% | 1,8 M € | +322% | 436,4 k € | -33.1% | 652,6 k € | -4.9% | 686,5 k € | +838977% | 81,8 € | -15.1% | 96,4 € | -13.0% | 110,9 € | -21.1% | 140,6 € | -93.6% | 2,2 k € | -77.8% | 9,8 k € | +8.6% | 9,1 k € | ||
| Debts | 5,3 M € | +10.3% | 4,8 M € | -15.2% | 5,7 M € | -39.8% | 9,4 M € | +47.0% | 6,4 M € | -1.4% | 6,5 M € | +2.2% | 6,3 M € | +0.1% | 6,3 M € | +10.4% | 5,7 M € | +35.2% | 4,2 M € | -1.0% | 4,3 M € | +1880972% | 227,7 € | -93.3% | 3,4 k € | +74.8% | 1,9 k € | +317% | 463,4 € | -47.2% | 877,6 € | +117% | 403,6 € | -71.1% | 1,4 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 20,3 ETP | +32.7% | 15,3 ETP | -27.8% | 21,2 ETP | +199% | 7,1 ETP | -64.5% | 20,0 ETP | -55.8% | 45,2 ETP | -15.2% | 53,3 ETP | -22.5% | 68,8 ETP | +17.6% | 58,5 ETP | +51.9% | 38,5 ETP | +27.9% | 30,1 ETP | – | – | – | – | – | – | 0,3 ETP | |||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 10 ended
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/07/2021 | 01/07/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 30/06/2021 | 30/06/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 18 months | 12 months | 18 months |
| Filing date | 31/08/2026 | 31/07/2025 | 26/09/2024 | 01/02/2024 | 01/08/2022 | 13/04/2021 |
| General meeting | 25/08/2026 | 30/06/2025 | 30/06/2024 | 18/01/2024 | 12/07/2022 | 23/12/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 25/08/2026 | 31/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 30/06/2025 | 31/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 30/06/2024 | 26/09/2024 | Dutch | |
| Full model | 31/12/2022 | 18/01/2024 | 01/02/2024 | Dutch | |
| Full model | 30/06/2021 | 12/07/2022 | 01/08/2022 | Dutch | |
| Full model | 30/06/2020 | 23/12/2020 | 13/04/2021 | Dutch | |
| Full model | 31/12/2018 | 17/06/2019 | 16/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 18/06/2018 | 17/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 19/06/2017 | 18/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 20/06/2016 | 07/07/2016 | Dutch | |
| Abridged model | 30/12/2014 | 17/06/2015 | 07/07/2015 | Dutch | |
| Abridged model | 31/12/2012 | 17/06/2013 | 30/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 18/06/2012 | 23/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 20/06/2011 | 26/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 21/06/2010 | 27/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 15/06/2009 | 30/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 16/06/2008 | 30/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 18/06/2007 | 20/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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 · 1 active · 10 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Court decision04/04/2024RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - DIVERSEN
- Mandates18/03/2024ONTSLAGEN - BENOEMINGEN
- Registered office01/08/2023MAATSCHAPPELIJKE ZETEL
- Mandates10/05/2023ONTSLAGEN - BENOEMINGEN
- Mandates23/05/2022ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
- Other13/01/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
- Mandates29/11/2019STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates10/07/2019ONTSLAGEN - 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 2025678,2 k €↓
- 2024Annual accounts 2024801,6 k €↑
- 2023Annual accounts 2023-4,9 M €↓
- 2022Annual accounts 2022430,6 k €↑
- 2021Annual accounts 2021-329,9 k €↓
- 2020Annual accounts 2020-72,4 k €↓
- 2018Annual accounts 2018-29 k €↓
- 2017Annual accounts 20171,7 k €↓
- 2016Annual accounts 201642,5 k €↑
- 2015Annual accounts 201520,5 k €↑
- 2014Annual accounts 201420,2 k €↑
- 2012Annual accounts 2012-892,2 €↑
- 2011Annual accounts 2011-1,3 k €↑
- 2010Annual accounts 2010-1,4 k €↓
- 2009Annual accounts 2009-1,4 k €↓
- 2008Annual accounts 2008-1,1 k €↓
- 2007Annual accounts 2007274,6 €↑
- 2006Annual accounts 2006-9,4 k €
- 01/08/2005IncorporationPrivate limited company