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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2022; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
DEMAG from Pepingen, company number BE0476596830, closed financial year 2022 with a result of € -1,577 after tax. For that financial year DEMAG recorded a gross margin of € 739 and equity of € -63,517. Compared with financial year 2021, the result moved from € -2,316 to € -1,577. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2023.
€ -63,517
▼ € 1,577 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,577
▲ 32 % less loss than in 2021
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -82,117.
People and assets in 2022
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2022
€ 12,303
▼ 6% vs 2021
Loans from banks and other lenders, long and short.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € -242 | € 739 | ▲ € 981 |
| Profit after taxes | € -2,316 | € -1,577 | ▲ € 739 |
| Equity | € -61,941 | € -63,517 | ▼ € 1,577 |
| Total debts | € 61,941 | € 63,517 | ▲ 3% |
| Retained profit | € -80,541 | € -82,117 | ▼ € 1,577 |
| Bank debt | € 13,044 | € 12,303 | ▼ 6% |
Key figures of DEMAG, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to DEMAG?
What happened at DEMAG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
DEMAG is active according to the CBE. Legal situation: Opening faillissement.
- Corrected annual accounts filed for financial year 2022. filed late Source: NBB ↗
- New establishment in Pepingen. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,316 loss in 2021 to € 1,577 loss in 2022.
Management
Behind DEMAG is GREET AGNEESSENS.
Directors
According to the 2022 annual accounts
GREET AGNEESSENS
Director
Establishments
Establishment units
Physical locations of this company
Kiethomstraat(BR) 3
1673 Pepingen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.596.830
- VAT number
- BE 0476.596.830
- Registered office
- Kiethomstraat(BR) 3, 1673 Pepingen
- Names & denominations
- DEMAG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 28 January 2002
- Peppol
- Not registered