Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
DEMET & CO from Middelkerke, company number BE0538695834, closed financial year 2024 with a result of € -26,530 after tax. For that financial year DEMET & CO recorded revenue of € 33,221 and equity of € -104,420. Compared with financial year 2023, the result moved from € -21,112 to € -26,530. 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 July 30, 2025.
€ -104,420
▼ € 26,530 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,530
▼ 26 % more loss than in 2023
Profit after tax over the fiscal year.
€ 5,934
▼ 32% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -104,920.
People and assets in 2024
€ 3,856
▲ € 3,095 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 7,770
▲ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 38,251 | € 41,248 | € 3,337 | € 33,221 | ▲ € 29,884 |
| Gross margin | € -1,268 | € 1,796 | € -11,554 | € -14,754 | ▼ € 3,200 |
| Profit after taxes | € -10,798 | € -8,182 | € -21,112 | € -26,530 | ▼ € 5,418 |
| Equity | € -48,596 | € -56,778 | € -77,890 | € -104,420 | ▼ € 26,530 |
| Total debts | € 114,791 | € 123,500 | € 130,553 | € 147,024 | ▲ 13% |
| Cash | € 7,871 | € 7,206 | € 8,750 | € 5,934 | ▼ 32% |
| Retained profit | € -49,096 | € -57,278 | € -78,390 | € -104,920 | ▼ € 26,530 |
| Bank debt | € 1 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 66,195 | € 66,722 | € 52,663 | € 42,604 | ▼ 19% |
Key figures of DEMET & CO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to DEMET & CO?
What happened at DEMET & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 26,530. Source: NBB ↗
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,798 loss in 2021 to € 26,530 loss in 2024.
Establishments
Establishment units
Physical locations of this company
Rietstraat 26
8430 Middelkerke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0538.695.834
- VAT number
- BE 0538.695.834
- Registered office
- Rietstraat 26, 8430 Middelkerke
- Names & denominations
- DEMET & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 2013
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Verwerking van thee en koffie
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Detailhandel in groenten en fruit
Eetgelegenheden met beperkte bediening
Markt- en straathandel in voedings- en genotmiddelen