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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
DEMSONAR from Merelbeke-Melle, company number BE0438672897, closed financial year 2025 with a result of € -53,516 after tax. For that financial year DEMSONAR recorded a gross margin of € 291,677 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € -62,729 to € -53,516. 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 June 23, 2026.
€ 2.9 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,516
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
€ 34,068
▲ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.6 million.
Debts at end 2025
€ 1.9 million
Loans from banks and other lenders, long and short.
€ 494
Supplier invoices still open on the last day of the fiscal year.
€ 1,363
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 399,954 | € 323,429 | € 277,053 | € 291,677 | ▲ 5% |
| Profit after taxes | € 62,596 | € -2,140 | € -62,729 | € -53,516 | ▲ € 9,213 |
| Equity | € 2,982,536 | € 2,980,396 | € 2,917,667 | € 2,864,151 | ▼ 2% |
| Total debts | € 1,363,398 | € 1,683,702 | € 1,947,986 | € 2,023,088 | ▲ 4% |
| Cash | € 148,089 | € 46,561 | € 22,124 | € 34,068 | ▲ 54% |
| Land & buildings | € 3,284,604 | € 3,750,431 | € 3,960,842 | € 3,947,646 | |
| Retained profit | € 2,672,669 | € 2,670,529 | € 2,607,800 | € 2,554,284 | ▼ 2% |
| Bank debt | € 0 | € 0 | € 0 | € 1,886,047 | |
| Balance sheet total | € 5,159,665 | € 5,482,262 | € 5,656,198 | € 5,650,163 |
Key figures of DEMSONAR, 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 DEMSONAR?
What happened at DEMSONAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- International Estate Management BV stepped down as director. NBB
- Sébastien Berden stepped down as director. NBB
- Aldea Group NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 53,516. Source: NBB ↗
- International Estate Management BV became a director. NBB
- Sébastien Berden became a director. NBB
- Aldea Group NV became a director. NBB
- New establishment in Merelbeke. KBO
In short
From € 62,596 profit in 2022 to € 53,516 loss in 2025.
Paid € 1,999 in corporate taxes since 2022.
Best year ever: 2022, with € 62,596 profit.
Management
The stake of CURALEASE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DEMSONARThe shares are held by CURALEASE (100%). It owns 99.9% of Hedra Terra itself.
Directors
According to the 2025 annual accounts
International Estate Management BV
Director · represented by Christophe Desimpel
Also active at: ALDEA ESTATES, ALDEA CONSTRUCT, CURALEASE, Curavi, CURATIO, CFK PROJECTS, ALDEA GROUP, Hedra Terra
since 2025 · until 2031
since 2025 · until 2031
Director · represented by Geert Wellens
Also active at: TER POELE BELVEDERE, MODEVA, Home Claire, DECOTIM, FALYNN, ALDEA CONSTRUCT, CURALEASE, Curavi +6 more
since 2025 · until 2031
Shareholders
100%
Participations
99.9%
Establishments
Establishment units
Physical locations of this company
Guldensporenpark 117A
9820 Merelbeke-Melle
Guldensporenpark 117 box A
9820 Merelbeke
Active since 8 December 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Simec
€ -88 gross margin · 2025
IMMO DESIMPEL
€ 73,517 gross margin · 2025
Euro Crossroads Business Park
€ -15,095 gross margin · 2025
EUROBUILD
€ -12,188 gross margin · 2025
Curavi same network
€ 460,222 revenue · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.672.897
- VAT number
- BE 0438.672.897
- Registered office
- Guldensporenpark 117A, 9820 Merelbeke-Melle
- Names & denominations
- DEMSONAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 1989
- Peppol
- Active · Active since 6 Oct 2025