Demeco is registered with the CBE as active in: Vervaardiging van vloerkleden en tapijt. Public Limited, started on 26 April 1954, 1 establishment.

What is the address of Demeco?

The registered office of Demeco is located at Barrage 100, 8793 Waregem.

Is Demeco still active?

Yes. According to the CBE (29 October 2026) Demeco is active, legal situation “Normale toestand”, started on 26 April 1954.

Is Demeco registered on Peppol?

Yes, Demeco is registered on the Peppol network with ID 0208:0405404867.

What is the enterprise number of Demeco?

The enterprise number of Demeco is BE0405404867.

When was Demeco founded?

Demeco was founded on 26 April 1954.

Who are the directors of Demeco?

According to the 2025 annual accounts, the directors of Demeco are: Sophie Demeulenaere, Yves Demeulenaere.

Is Demeco a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 April 1954; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Demeco make in 2025?

Demeco recorded a loss after taxes of € 186,332 in financial year 2025.

What is the revenue of Demeco?

As a small company, Demeco is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 365,589.

How much does an employee at Demeco earn?

The average wage cost per full-time employee at Demeco was € 60,200 in 2025: staff costs of € 301,147 for 5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Demeco have?

According to the 2025 annual accounts, Demeco has 5 full-time equivalents (FTE).

Demeco (Public Limited) - Waregem - BE0405404867

Dossier Demeco, printed on 29 October 2026 from databakkes.be/en/0405404867/demeco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 6.4 to 5.

Financials

Financial year 2025

Demeco from Waregem, company number BE0405404867, closed financial year 2025 with a result of € -186,332 after tax. For that financial year Demeco recorded a gross margin of € 365,589 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € -193,683 to € -186,332. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Healthy

€ 1.7 million

▼ 10% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -186,332

▲ 4 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 75,444

▼ 69% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 569,090.

People and assets in 2025

Full-time equivalents

▼ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 301,147

▼ 4% vs 2024

€ 60,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 201,432

▼ 15% vs 2024

€ 34,931 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 253,961

▲ 32% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 55,210

▼ 42% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 521,841 Gross margin 2022: € 521,841 First fiscal year in the series	€ 237,136 Gross margin 2023: € 237,136 ▼ 55% vs 2022 (€ 521,841) Unfavourable step	€ 357,865 Gross margin 2024: € 357,865 ▲ 51% vs 2023 (€ 237,136) Favourable step	€ 365,589 Gross margin 2025: € 365,589 ▲ 2% vs 2024 (€ 357,865) Favourable step	▲ 2%
Profit after taxes	€ -70,925 Profit after taxes 2022: € -70,925 First fiscal year in the series	€ -337,779 Profit after taxes 2023: € -337,779 ▼ € 266,855 vs 2022 (€ -70,925) Unfavourable step	€ -193,683 Profit after taxes 2024: € -193,683 ▲ € 144,096 vs 2023 (€ -337,779) Favourable step	€ -186,332 Profit after taxes 2025: € -186,332 ▲ € 7,352 vs 2024 (€ -193,683) Favourable step	▲ € 7,352
Equity	€ 2,408,134 Equity 2022: € 2,408,134 First fiscal year in the series	€ 2,070,355 Equity 2023: € 2,070,355 ▼ 14% vs 2022 (€ 2,408,134) Unfavourable step	€ 1,876,671 Equity 2024: € 1,876,671 ▼ 9% vs 2023 (€ 2,070,355) Unfavourable step	€ 1,690,340 Equity 2025: € 1,690,340 ▼ 10% vs 2024 (€ 1,876,671) Unfavourable step	▼ 10%
Total debts	€ 1,518,542 Total debts 2022: € 1,518,542 First fiscal year in the series	€ 1,523,530 Total debts 2023: € 1,523,530 Unchanged (€ 1,518,542) Unfavourable step	€ 1,774,520 Total debts 2024: € 1,774,520 ▲ 16% vs 2023 (€ 1,523,530) Unfavourable step	€ 1,760,604 Total debts 2025: € 1,760,604 ▼ 1% vs 2024 (€ 1,774,520) Favourable step	▼ 1%
Cash	€ 548,492 Cash 2022: € 548,492 First fiscal year in the series	€ 230,742 Cash 2023: € 230,742 ▼ 58% vs 2022 (€ 548,492) Unfavourable step	€ 245,987 Cash 2024: € 245,987 ▲ 7% vs 2023 (€ 230,742) Favourable step	€ 75,444 Cash 2025: € 75,444 ▼ 69% vs 2024 (€ 245,987) Unfavourable step	▼ 69%
Land & buildings	€ 2,437,948 Land & buildings 2022: € 2,437,948 First fiscal year in the series	€ 2,411,396 Land & buildings 2023: € 2,411,396 ▼ 1% vs 2022 (€ 2,437,948) Unchanged	€ 2,486,056 Land & buildings 2024: € 2,486,056 ▲ 3% vs 2023 (€ 2,411,396) Unchanged	€ 2,422,683 Land & buildings 2025: € 2,422,683 ▼ 3% vs 2024 (€ 2,486,056) Unchanged	▼ 3%
Retained profit	€ 1,286,884 Retained profit 2022: € 1,286,884 First fiscal year in the series	€ 949,105 Retained profit 2023: € 949,105 ▼ 26% vs 2022 (€ 1,286,884) Unfavourable step	€ 755,421 Retained profit 2024: € 755,421 ▼ 20% vs 2023 (€ 949,105) Unfavourable step	€ 569,090 Retained profit 2025: € 569,090 ▼ 25% vs 2024 (€ 755,421) Unfavourable step	▼ 25%
Bank debt	€ 303,342 Bank debt 2022: € 303,342 First fiscal year in the series	€ 269,846 Bank debt 2023: € 269,846 ▼ 11% vs 2022 (€ 303,342) Favourable step	€ 235,878 Bank debt 2024: € 235,878 ▼ 13% vs 2023 (€ 269,846) Favourable step	€ 201,432 Bank debt 2025: € 201,432 ▼ 15% vs 2024 (€ 235,878) Favourable step	▼ 15%
Balance sheet total	€ 3,978,393 Balance sheet total 2022: € 3,978,393 First fiscal year in the series	€ 3,641,626 Balance sheet total 2023: € 3,641,626 ▼ 8% vs 2022 (€ 3,978,393) Unchanged	€ 3,694,958 Balance sheet total 2024: € 3,694,958 ▲ 1% vs 2023 (€ 3,641,626) Unchanged	€ 3,490,735 Balance sheet total 2025: € 3,490,735 ▼ 6% vs 2024 (€ 3,694,958) Unchanged	▼ 6%
Employees (FTE)	7 Employees (FTE) 2022: 7 First fiscal year in the series	6.4 Employees (FTE) 2023: 6.4 ▼ 0.6 vs 2022 (7) Unchanged	5.3 Employees (FTE) 2024: 5.3 ▼ 1.1 vs 2023 (6.4) Unchanged	5 Employees (FTE) 2025: 5 ▼ 0.3 vs 2024 (5.3) Unchanged	▼ 0.3

Key figures of Demeco, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Demeco?

What happened at Demeco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Sophie Demeulenaere stepped down as director. NBB
2029 Yves Demeulenaere stepped down as director. NBB
Aug 31, 2026 New annual accounts for financial year 2025: loss of € 186,332. filed late Source: NBB ↗
2023 Sophie Demeulenaere became a director. NBB
2023 Yves Demeulenaere became a director. NBB
Apr 26, 1954 Start of the company according to the CBE. KBO
Apr 1, 1954 New establishment in Waregem. KBO

In short

From € 70,925 loss in 2022 to € 186,332 loss in 2025.

Paid € 444 in corporate taxes since 2022.

On average € 73,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Sophie Demeulenaere

Managing director

Also active at: DE VLAAMSE WATERWEG, Sonalex, WAREGEMSE TEXTIEL CLUB, Waregem Sport, ALFA TAPIJTFABRIEK, ORANGEFIELD, IMTEC, FPS - Multiproducts

since 2023 · until 2029

Yves Demeulenaere

Managing director

Also active at: Sonalex, WAREGEMSE TEXTIEL CLUB, ALFA TAPIJTFABRIEK, ORANGEFIELD, IMTEC, FPS - Multiproducts, STOCKPLASTICS - VORMSPUITWERK, TEKNIK +3 more

since 2023 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Barrage 100

8793 Waregem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0405.404.867

VAT number

BE 0405.404.867

Registered office

Barrage 100, 8793 Waregem

Names & denominations

Demeco

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

26 April 1954

Peppol

Active · Active since 2 Jan 2026

Activities · NACE

Vervaardiging van vloerkleden en tapijt

Weven van textiel

Vervaardiging van katoenen of katoenachtige weefsels

Detailhandel in huismeubilair

Detailhandel in meubels

Detailhandel in huismeubilair in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗