Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
DEMO from Zottegem, company number BE0428980124, closed financial year 2025 with a result of € -807 after tax. For that financial year DEMO recorded a gross margin of € 17,958 and equity of € 176,533. Compared with financial year 2024, the result moved from € 770 to € -807. 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 January 19, 2026.
€ 176,533
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -807
▼ still € 770 profit in 2024
Profit after tax over the fiscal year.
€ 23,137
▲ € 19,867 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 114,533.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 941
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 17,397 | € 16,009 | € 18,873 | € 17,958 | ▼ 5% |
| Profit after taxes | € -153 | € -4,186 | € 770 | € -807 | ▼ € 1,577 |
| Equity | € 180,756 | € 176,570 | € 177,340 | € 176,533 | |
| Total debts | € 56,836 | € 72,634 | € 88,717 | € 131,370 | ▲ 48% |
| Cash | € 3,546 | € 1,931 | € 3,270 | € 23,137 | ▲ € 19,867 |
| Land & buildings | € 99,157 | € 99,157 | € 99,157 | € 99,157 | |
| Retained profit | € 118,756 | € 114,570 | € 115,340 | € 114,533 | ▼ 1% |
| Balance sheet total | € 237,592 | € 249,204 | € 266,057 | € 307,903 | ▲ 16% |
Key figures of DEMO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to DEMO?
What happened at DEMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hilde Lefevre stepped down as director. NBB
- Ignace Michiels stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 807 (▼ € 1,577 vs 2024). Source: NBB ↗
- Hilde Lefevre became a director. NBB
- Ignace Michiels became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Zottegem. KBO
In short
From € 153 loss in 2022 to € 807 loss in 2025.
Best year ever: 2024, with € 770 profit.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2028
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Stationsstraat 36
9620 Zottegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →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
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0428.980.124
- VAT number
- BE 0428.980.124
- Registered office
- Stationsstraat 36, 9620 Zottegem
- Names & denominations
- DEMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 1986
- Peppol
- Not registered
- Contact
- michielssport.be