Financials
Financial year 2025
Demula from Laarne, company number BE0425751212, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year Demula recorded revenue of € 17.9 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.2 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 1.3 million
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 831,620
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
19
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
▼ 2% vs 2024
€ 102,800 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.
€ 84,946
▲ 122% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 750,000
▲ 213% vs 2024
Loans from banks and other lenders, long and short.
€ 1.4 million
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.
€ 341,076
▼ 46% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 18,503,692 | € 19,575,931 | € 18,550,739 | € 17,948,130 | ▼ 3% |
| Profit after taxes | € 999,494 | € 1,528,924 | € 1,243,227 | € 1,214,073 | ▼ 2% |
| Equity | € 1,690,363 | € 1,989,287 | € 2,132,514 | € 1,346,587 | ▼ 37% |
| Total debts | € 4,639,781 | € 4,005,557 | € 3,775,088 | € 4,320,543 | ▲ 14% |
| Cash | € 922,350 | € 689,540 | € 557,289 | € 831,620 | ▲ 49% |
| Land & buildings | € 1,541,940 | € 1,493,812 | € 1,445,684 | € 1,397,556 | ▼ 3% |
| Retained profit | € 1,620,363 | € 1,919,287 | € 2,062,514 | € 1,276,587 | ▼ 38% |
| Dividend | € 900,000 | € 1,230,000 | € 1,100,000 | € 2,000,000 | ▲ 82% |
| Bank debt | € 1,320,000 | € 660,000 | € 240,000 | € 750,000 | ▲ 213% |
| Balance sheet total | € 6,330,144 | € 5,994,844 | € 5,907,602 | € 5,667,130 | ▼ 4% |
| Employees (FTE) | 20.9 | 21.7 | 18.1 | 19 | ▲ 0.9 |
Key figures of Demula, 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 Demula?
What happened at Demula in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Geert De Maeyer stepped down as director. NBB
- Bernard Van der Peijl stepped down as director. NBB
- Arnold van Wetten stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million (▼ 2% vs 2024). Source: NBB ↗
- Geert De Maeyer became a director. NBB
- Bernard Van der Peijl became a director. NBB
- Arnold van Wetten became a director. NBB
- New establishment in Laarne. KBO
In short
From € 999,494 profit in 2022 to € 1.2 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.5 million profit.
Paid out € 5.2 million in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Geert De Maeyer
Director
since 2023 · until 2029
Bernard Van der Peijl
Director
since 2023 · until 2029
Arnold van Wetten
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Veldmeersstraat 5
9270 Laarne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Proximus Mail
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0425.751.212
- VAT number
- BE 0425.751.212
- Registered office
- Veldmeersstraat 5, 9270 Laarne
- Names & denominations
- Demula
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 1984
- Peppol
- Active · Active since 16 Sept 2025
- Contact
- demula.be
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Groothandel in chemische producten voor industrieel gebruik
Groothandel in chemische producten
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2