What is the address of DEMALO?

The registered office of DEMALO is located at Wellingstraat(HEU) 44, 9070 Destelbergen.

Is DEMALO still active?

Yes. According to the CBE (29 October 2026) DEMALO is active, legal situation “Normale toestand”, started on 2 May 1989.

Is DEMALO registered on Peppol?

Yes, DEMALO is registered on the Peppol network with ID 0208:0437358053.

What is the enterprise number of DEMALO?

The enterprise number of DEMALO is BE0437358053.

When was DEMALO founded?

DEMALO was founded on 2 May 1989.

Who are the directors of DEMALO?

According to the 2025 annual accounts, the directors of DEMALO are: Bernard De Witte.

Is DEMALO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 May 1989; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did DEMALO make in 2025?

DEMALO posted a profit after taxes of € 175,773 in financial year 2025.

What is the revenue of DEMALO?

As a small company, DEMALO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 674,895.

How much does an employee at DEMALO earn?

The average wage cost per full-time employee at DEMALO was € 58,000 in 2025: staff costs of € 58,007 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DEMALO have?

According to the 2025 annual accounts, DEMALO has 1 full-time equivalents (FTE).

DEMALO (Public Limited) - Destelbergen - BE0437358053

Q: What does DEMALO do?

DEMALO is registered with the CBE as active in: Activiteiten van geldmarkt- en niet-geldmarktbeleggingsfondsen. Public Limited, started on 2 May 1989, 1 establishment.

Dossier DEMALO, printed on 29 October 2026 from databakkes.be/en/0437358053/demalo. 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.

Tight liquidity NBB

Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

DEMALO from Destelbergen, company number BE0437358053, closed financial year 2025 with a result of € 175,773 after tax. For that financial year DEMALO recorded a gross margin of € 674,895 and equity of € 5.4 million. Compared with financial year 2024, the result moved from € 59,895 to € 175,773. Profitable, and profit is growing. 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 July 16, 2026.

What it is worth Healthy

€ 5.4 million

▼ 20% vs 2024

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

Profit Growing

€ 175,773

▲ 193% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 91,867

▼ 82% vs 2024

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

Where the profit goes Pays out

€ 1.5 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

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

Wage cost

€ 58,007

▼ 47% vs 2024

€ 58,000 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.

Vehicles and equipment

€ 23,159

▼ 67% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 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.

€ 650,509

▲ 137% vs 2024

€ 198,104 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 16,028

▼ 79% vs 2024

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

Taxes and wages

€ 123,110

▲ 37% 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	€ 407,032 Gross margin 2022: € 407,032 First fiscal year in the series	€ 1,609,795 Gross margin 2023: € 1,609,795 ▲ 295% vs 2022 (€ 407,032) Favourable step	€ 529,129 Gross margin 2024: € 529,129 ▼ 67% vs 2023 (€ 1,609,795) Unfavourable step	€ 674,895 Gross margin 2025: € 674,895 ▲ 28% vs 2024 (€ 529,129) Favourable step	▲ 28%
Profit after taxes	€ 254,853 Profit after taxes 2022: € 254,853 First fiscal year in the series	€ 870,559 Profit after taxes 2023: € 870,559 ▲ 242% vs 2022 (€ 254,853) Favourable step	€ 59,895 Profit after taxes 2024: € 59,895 ▼ 93% vs 2023 (€ 870,559) Unfavourable step	€ 175,773 Profit after taxes 2025: € 175,773 ▲ 193% vs 2024 (€ 59,895) Favourable step	▲ 193%
Equity	€ 6,178,724 Equity 2022: € 6,178,724 First fiscal year in the series	€ 6,735,982 Equity 2023: € 6,735,982 ▲ 9% vs 2022 (€ 6,178,724) Favourable step	€ 6,715,011 Equity 2024: € 6,715,011 Unchanged (€ 6,735,982) Unfavourable step	€ 5,389,918 Equity 2025: € 5,389,918 ▼ 20% vs 2024 (€ 6,715,011) Unfavourable step	▼ 20%
Total debts	€ 3,260,867 Total debts 2022: € 3,260,867 First fiscal year in the series	€ 3,662,825 Total debts 2023: € 3,662,825 ▲ 12% vs 2022 (€ 3,260,867) Unfavourable step	€ 4,350,317 Total debts 2024: € 4,350,317 ▲ 19% vs 2023 (€ 3,662,825) Unfavourable step	€ 6,144,356 Total debts 2025: € 6,144,356 ▲ 41% vs 2024 (€ 4,350,317) Unfavourable step	▲ 41%
Cash	€ 970,429 Cash 2022: € 970,429 First fiscal year in the series	€ 87,843 Cash 2023: € 87,843 ▼ 91% vs 2022 (€ 970,429) Unfavourable step	€ 496,717 Cash 2024: € 496,717 ▲ € 408,873 vs 2023 (€ 87,843) Favourable step	€ 91,867 Cash 2025: € 91,867 ▼ 82% vs 2024 (€ 496,717) Unfavourable step	▼ 82%
Land & buildings	€ 4,711,695 Land & buildings 2022: € 4,711,695 First fiscal year in the series	€ 5,144,772 Land & buildings 2023: € 5,144,772 ▲ 9% vs 2022 (€ 4,711,695) Unchanged	€ 4,875,075 Land & buildings 2024: € 4,875,075 ▼ 5% vs 2023 (€ 5,144,772) Unchanged	€ 5,653,587 Land & buildings 2025: € 5,653,587 ▲ 16% vs 2024 (€ 4,875,075) Unchanged	▲ 16%
Retained profit	€ 5,995,230 Retained profit 2022: € 5,995,230 First fiscal year in the series	€ 6,665,788 Retained profit 2023: € 6,665,788 ▲ 11% vs 2022 (€ 5,995,230) Favourable step	€ 6,645,683 Retained profit 2024: € 6,645,683 Unchanged (€ 6,665,788) Unfavourable step	€ 5,321,456 Retained profit 2025: € 5,321,456 ▼ 20% vs 2024 (€ 6,645,683) Unfavourable step	▼ 20%
Dividend	€ 310,000 Dividend 2022: € 310,000 First fiscal year in the series	€ 200,000 Dividend 2023: € 200,000 ▼ 35% vs 2022 (€ 310,000) Unchanged	€ 80,000 Dividend 2024: € 80,000 ▼ 60% vs 2023 (€ 200,000) Unchanged	€ 1,500,000 Dividend 2025: € 1,500,000 ▲ € 1.4 million vs 2024 (€ 80,000) Unchanged	▲ € 1.4 million
Bank debt	€ 698,600 Bank debt 2022: € 698,600 First fiscal year in the series	€ 862,793 Bank debt 2023: € 862,793 ▲ 24% vs 2022 (€ 698,600) Unfavourable step	€ 274,530 Bank debt 2024: € 274,530 ▼ 68% vs 2023 (€ 862,793) Favourable step	€ 650,509 Bank debt 2025: € 650,509 ▲ 137% vs 2024 (€ 274,530) Unfavourable step	▲ 137%
Balance sheet total	€ 9,443,027 Balance sheet total 2022: € 9,443,027 First fiscal year in the series	€ 10,635,463 Balance sheet total 2023: € 10,635,463 ▲ 13% vs 2022 (€ 9,443,027) Unchanged	€ 11,287,729 Balance sheet total 2024: € 11,287,729 ▲ 6% vs 2023 (€ 10,635,463) Unchanged	€ 11,809,276 Balance sheet total 2025: € 11,809,276 ▲ 5% vs 2024 (€ 11,287,729) Unchanged	▲ 5%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of DEMALO, 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 DEMALO?

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

Jul 16, 2026 New annual accounts for financial year 2025: profit of € 175,773 (▲ 193% vs 2024). Source: NBB ↗
May 16, 1989 New establishment in Destelbergen. KBO
May 2, 1989 Start of the company according to the CBE. KBO

In short

From € 254,853 profit in 2022 to € 175,773 profit in 2025.

Paid € 103,987 in corporate taxes since 2022.

Best year ever: 2023, with € 870,559 profit.

On average € 674,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Bernard De Witte

DEMALO

Kaster 60%

Behind DEMALO is Bernard De Witte. It owns 60% of Kaster itself.

Directors

According to the 2025 annual accounts

Bernard De Witte

Director

Also active at: Agref, KASTER

Establishments

Establishment units

Physical locations of this company

Registered office

Wellingstraat(HEU) 44

9070 Destelbergen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

CITADEL

€ 133,453 gross margin · 2025

FV DE BLAUWE POORTE

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

Details

Company number

0437.358.053

VAT number

BE 0437.358.053

Registered office

Wellingstraat(HEU) 44, 9070 Destelbergen

Names & denominations

DEMALO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

2 May 1989

Peppol

Active · Active since 23 Jun 2025

Activities · NACE

Activiteiten van geldmarkt- en niet-geldmarktbeleggingsfondsen

Instellingen voor collectieve belegging

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Beleggingstrusts en -fondsen en vergelijkbare financiële instellingen

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗

DEMALO

Warning lights

Financials

What happened to DEMALO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions