Financials
Financial year 2025
Gross margin
€ -1,879
▼ 113% vs 2024
Profit
Caution€ -6,098
▼ 182% vs 2024
Debts
Low€ 8,745
▼ 74% vs 2024
DEMOCRAT from Waregem, company number BE0438800383, closed financial year 2025 with a result of € -6,098 after tax. For that financial year DEMOCRAT recorded a gross margin of € -1,879 and equity of € 50,459. Compared with financial year 2024, the result moved from € 7,429 to € -6,098. 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 July 28, 2026.
What happened at DEMOCRAT?
What happened at DEMOCRAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mireille Tanghe stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6,098 (▼ 182% vs 2024). Source: NBB ↗
- Ignace Deweer became a director. NBB
- IDECO BV became a director. NBB
- Mireille Tanghe became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,575 profit in 2021 to € 6,098 loss in 2025.
Paid € 3,686 in corporate taxes since 2021.
Best year ever: 2024, with € 7,429 profit.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Behind DEMOCRAT are Ignace Deweer and IDECO BV. The same people are also behind IDECO and FIEXUM GROEP.
Directors
According to the 2025 annual accounts
since 2023
since 2023
since 2023 · until 2027
Establishments
Establishment units
Physical locations of this company
Zuiderpromenade 17 box 51
8790 Waregem
Vijfseweg 91
8790 Waregem
Active since 14 January 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
Details
- Company number
- 0438.800.383
- VAT number
- BE 0438.800.383
- Registered office
- Zuiderpromenade 17 bus 51, 8790 Waregem
- Names & denominations
- DEMOCRAT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 1989
- Peppol
- Active · Active since 1 Sept 2025