DEMO is a property company in Zwalm. Public Limited, started on 15 April 1993, 1 establishment.

What is the address of DEMO?

The registered office of DEMO is located at Molenberg(SDB) 4, 9630 Zwalm.

Is DEMO still active?

Yes. According to the CBE (30 October 2026) DEMO is active, legal situation “Normale toestand”, started on 15 April 1993.

Is DEMO registered on Peppol?

Yes, DEMO is registered on the Peppol network with ID 0208:0449921335.

What is the enterprise number of DEMO?

The enterprise number of DEMO is BE0449921335.

When was DEMO founded?

DEMO was founded on 15 April 1993.

Who are the directors of DEMO?

According to the 2025 annual accounts, the directors of DEMO are: Freddy De Smet.

Is DEMO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 April 1993; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did DEMO make in 2025?

DEMO posted a profit after taxes of € 129,628 in financial year 2025.

What is the revenue of DEMO?

As a small company, DEMO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 390,425.

How much does an employee at DEMO earn?

The average wage cost per full-time employee at DEMO was € 103,600 in 2024: staff costs of € 103,562 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

DEMO (Public Limited) - Zwalm - BE0449921335

Dossier DEMO, printed on 30 October 2026 from databakkes.be/en/0449921335/demo. 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 29 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

DEMO from Zwalm, company number BE0449921335, closed financial year 2025 with a result of € 129,628 after tax. For that financial year DEMO recorded a gross margin of € 390,425 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 94,100 to € 129,628. 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 April 1, 2026.

What it is worth Healthy

€ 1.8 million

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

Profit Growing

€ 129,628

▲ 38% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 5,581

▼ 86% vs 2024

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

Where the profit goes Pays out

€ 130,410 paid out

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

People and assets in 2025

Wage cost

€ 98,609

▼ 5% vs 2024

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

€ 38,406

▼ 33% vs 2024

Of which on lease € 5,651.

Debts at end 2025

Bank debt ≈ 2 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.

€ 56,507

▼ 47% vs 2024

€ 30,179 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 4,403

▼ 32% vs 2024

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

Taxes and wages

€ 41,647

▲ 66% 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	€ 885,572 Gross margin 2022: € 885,572 First fiscal year in the series	€ 569,512 Gross margin 2023: € 569,512 ▼ 36% vs 2022 (€ 885,572) Unfavourable step	€ 346,119 Gross margin 2024: € 346,119 ▼ 39% vs 2023 (€ 569,512) Unfavourable step	€ 390,425 Gross margin 2025: € 390,425 ▲ 13% vs 2024 (€ 346,119) Favourable step	▲ 13%
Profit after taxes	€ 477,204 Profit after taxes 2022: € 477,204 First fiscal year in the series	€ 213,865 Profit after taxes 2023: € 213,865 ▼ 55% vs 2022 (€ 477,204) Unfavourable step	€ 94,100 Profit after taxes 2024: € 94,100 ▼ 56% vs 2023 (€ 213,865) Unfavourable step	€ 129,628 Profit after taxes 2025: € 129,628 ▲ 38% vs 2024 (€ 94,100) Favourable step	▲ 38%
Equity	€ 1,720,846 Equity 2022: € 1,720,846 First fiscal year in the series	€ 1,870,274 Equity 2023: € 1,870,274 ▲ 9% vs 2022 (€ 1,720,846) Favourable step	€ 1,754,510 Equity 2024: € 1,754,510 ▼ 6% vs 2023 (€ 1,870,274) Unfavourable step	€ 1,753,729 Equity 2025: € 1,753,729 Unchanged (€ 1,754,510) Unfavourable step
Total debts	€ 388,579 Total debts 2022: € 388,579 First fiscal year in the series	€ 1,081,661 Total debts 2023: € 1,081,661 ▲ 178% vs 2022 (€ 388,579) Unfavourable step	€ 597,641 Total debts 2024: € 597,641 ▼ 45% vs 2023 (€ 1,081,661) Favourable step	€ 444,976 Total debts 2025: € 444,976 ▼ 26% vs 2024 (€ 597,641) Favourable step	▼ 26%
Cash	€ 258,594 Cash 2022: € 258,594 First fiscal year in the series	€ 34,089 Cash 2023: € 34,089 ▼ 87% vs 2022 (€ 258,594) Unfavourable step	€ 39,302 Cash 2024: € 39,302 ▲ 15% vs 2023 (€ 34,089) Favourable step	€ 5,581 Cash 2025: € 5,581 ▼ 86% vs 2024 (€ 39,302) Unfavourable step	▼ 86%
Land & buildings	€ 789,271 Land & buildings 2022: € 789,271 First fiscal year in the series	€ 2,120,018 Land & buildings 2023: € 2,120,018 ▲ 169% vs 2022 (€ 789,271) Unchanged	€ 2,033,787 Land & buildings 2024: € 2,033,787 ▼ 4% vs 2023 (€ 2,120,018) Unchanged	€ 1,968,236 Land & buildings 2025: € 1,968,236 ▼ 3% vs 2024 (€ 2,033,787) Unchanged	▼ 3%
Retained profit	€ 1,658,846 Retained profit 2022: € 1,658,846 First fiscal year in the series	€ 1,808,274 Retained profit 2023: € 1,808,274 ▲ 9% vs 2022 (€ 1,658,846) Favourable step	€ 1,692,510 Retained profit 2024: € 1,692,510 ▼ 6% vs 2023 (€ 1,808,274) Unfavourable step	€ 1,691,729 Retained profit 2025: € 1,691,729 Unchanged (€ 1,692,510) Unfavourable step
Dividend	€ 148,639 Dividend 2022: € 148,639 First fiscal year in the series	€ 64,437 Dividend 2023: € 64,437 ▼ 57% vs 2022 (€ 148,639) Unchanged	€ 209,864 Dividend 2024: € 209,864 ▲ 226% vs 2023 (€ 64,437) Unchanged	€ 130,410 Dividend 2025: € 130,410 ▼ 38% vs 2024 (€ 209,864) Unchanged	▼ 38%
Bank debt	€ 120,437 Bank debt 2022: € 120,437 First fiscal year in the series	€ 178,006 Bank debt 2023: € 178,006 ▲ 48% vs 2022 (€ 120,437) Unfavourable step	€ 107,334 Bank debt 2024: € 107,334 ▼ 40% vs 2023 (€ 178,006) Favourable step	€ 56,507 Bank debt 2025: € 56,507 ▼ 47% vs 2024 (€ 107,334) Favourable step	▼ 47%
Balance sheet total	€ 2,218,139 Balance sheet total 2022: € 2,218,139 First fiscal year in the series	€ 3,052,273 Balance sheet total 2023: € 3,052,273 ▲ 38% vs 2022 (€ 2,218,139) Unchanged	€ 2,443,301 Balance sheet total 2024: € 2,443,301 ▼ 20% vs 2023 (€ 3,052,273) Unchanged	€ 2,280,666 Balance sheet total 2025: € 2,280,666 ▼ 7% vs 2024 (€ 2,443,301) Unchanged	▼ 7%
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	-

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:

Apr 1, 2026 New annual accounts for financial year 2025: profit of € 129,628 (▲ 38% vs 2024). Source: NBB ↗
Jun 8, 1998 New establishment in Zwalm. KBO
Apr 15, 1993 Start of the company according to the CBE. KBO

In short

From € 477,204 profit in 2022 to € 129,628 profit in 2025.

Paid € 394,203 in corporate taxes since 2022.

Best year ever: 2022, with € 477,204 profit.

On average € 346,100 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Freddy De Smet

DEMO

CARGO LOGISTICS

FRIGOREXPRESS

MDS INVEST

Behind DEMO is Freddy De Smet. Freddy De Smet is also behind CARGO LOGISTICS, FRIGOREXPRESS and MDS INVEST.

Directors

According to the 2025 annual accounts

Freddy De Smet

Director

Also active at: CARGO LOGISTICS, FRIGOREXPRESS, MDS INVEST

Establishments

Establishment units

Physical locations of this company

Registered office

Molenberg(SDB) 4

9630 Zwalm

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

Details

Company number

0449.921.335

VAT number

BE 0449.921.335

Registered office

Molenberg(SDB) 4, 9630 Zwalm

Names & denominations

DEMO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

15 April 1993

Peppol

Active · Active since 4 Sept 2025

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur van niet-residentiële gebouwen

Goederenvervoer over de weg

Overige recreatie- en ontspanningsactiviteiten, neg

Verhuur en lease van vrachtwagens

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

DEMO

Warning lights

Financials

What happened to DEMO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions