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.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEMUCO from Kruisem, company number BE0454251889, closed financial year 2025 with a result of € -25,708 after tax. For that financial year DEMUCO recorded a gross margin of € 23,060 and equity of € 220,703. Compared with financial year 2024, the result moved from € -4,948 to € -25,708. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 12, 2026.
€ 220,703
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,708
▼ 420 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,890
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 9,716.
Debts at end 2025
€ 281,164
€ 46,357 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1,936
▲ € 1,686 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,204
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 | € 9,162 | € 13,099 | € -4,724 | € 23,060 | ▲ € 27,785 |
| Profit after taxes | € 9,013 | € 13,865 | € -4,948 | € -25,708 | ▼ € 20,761 |
| Equity | € 57,494 | € 71,359 | € 246,412 | € 220,703 | ▼ 10% |
| Total debts | € 54,496 | € 54,688 | € 27,289 | € 444,327 | ▲ € 417,038 |
| Cash | € 180 | € 2,121 | € 6,336 | € 2,890 | ▼ 54% |
| Land & buildings | € 49,579 | € 49,579 | € 229,579 | € 556,579 | ▲ 142% |
| Retained profit | € 26,507 | € 40,373 | € 35,425 | € 9,716 | ▼ 73% |
| Bank debt | € 50,000 | € 50,000 | € 0 | € 281,164 | |
| Balance sheet total | € 111,990 | € 126,047 | € 273,700 | € 665,030 | ▲ 143% |
Key figures of DEMUCO, 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 January 2027.
What happened to DEMUCO?
What happened at DEMUCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,708. Source: NBB ↗
- Jonah Declercq became a director. NBB
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,013 profit in 2022 to € 25,708 loss in 2025.
Best year ever: 2023, with € 13,865 profit.
Management
Behind DEMUCO is Jonah Declercq. Jonah Declercq is also behind Express-Beton and J & J MANAGEMENT.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Olsensesteenweg(KRU) 36
9770 Kruisem
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.
Details
- Company number
- 0454.251.889
- VAT number
- BE 0454.251.889
- Registered office
- Olsensesteenweg(KRU) 36, 9770 Kruisem
- Names & denominations
- DEMUCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1994
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen