Financials
Financial year 2025
Demolar from Zwevegem, company number BE0732795210, closed financial year 2025 with a result of € 51,028 after tax. For that financial year Demolar recorded a gross margin of € 89,561 and equity of € 265,940. Compared with financial year 2024, the result moved from € 52,840 to € 51,028. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 265,940
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,028
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 8,590
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 12,500 paid out
24 % of the profit went to the shareholders, mostly to Salmanazar (50 % of the shares). That is where the money ends up.
People and assets in 2025
€ 3,563
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 27,308
▼ 12% vs 2024
€ 3,872 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 8,444
▲ 117% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,087
▼ 58% vs 2024
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 | € 56,603 | € 117,752 | € 81,559 | € 89,561 | ▲ 10% |
| Profit after taxes | € 32,668 | € 88,386 | € 52,840 | € 51,028 | ▼ 3% |
| Equity | € 116,186 | € 204,572 | € 227,412 | € 265,940 | ▲ 17% |
| Total debts | € 88,341 | € 76,637 | € 123,906 | € 112,000 | ▼ 10% |
| Cash | € 25,002 | € 43,900 | € 9,926 | € 8,590 | ▼ 13% |
| Land & buildings | € 66,353 | € 63,633 | € 60,913 | € 63,088 | ▲ 4% |
| Retained profit | € 111,186 | € 199,572 | € 222,412 | € 260,940 | ▲ 17% |
| Dividend | € 0 | € 0 | € 30,000 | € 12,500 | ▼ 58% |
| Bank debt | € 38,266 | € 34,718 | € 31,069 | € 27,308 | ▼ 12% |
| Balance sheet total | € 204,527 | € 281,208 | € 351,318 | € 377,940 | ▲ 8% |
Key figures of Demolar, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Demolar?
What happened at Demolar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 51,028 (▼ 3% vs 2024). Source: NBB ↗
- New establishment in Zwevegem. KBO
- VIRGINIE VANGHELUWE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 32,668 profit in 2022 to € 51,028 profit in 2025.
Paid € 71,993 in corporate taxes since 2022.
Best year ever: 2023, with € 88,386 profit.
Paid out € 42,500 in dividends to the owners in total.
Management
The stake of Salmanazar comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DemolarBehind Demolar is VIRGINIE VANGHELUWE. The shares are held by Salmanazar (50%).
Directors
According to the 2025 annual accounts
VIRGINIE VANGHELUWE
Director
Also active at: WATERPAS, Vincere Insieme, Salmanazar, Bruce Wayne, CAUSA FINITA, VICASA, GENTIEL
since 2019
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Comminnestraat(M) 12
8552 Zwevegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →WATERPAS same network
€ 17,414 gross margin · 2025
Vincere Insieme same network
€ 21,993 gross margin · 2025
Salmanazar same network
€ -7,042 gross margin · 2025
Bruce Wayne same network
€ -16,344 gross margin · 2025
Eddie Wollie
€ 51,336 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0732.795.210
- VAT number
- BE 0732.795.210
- Registered office
- Comminnestraat(M) 12, 8552 Zwevegem
- Names & denominations
- Demolar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 2019
- Peppol
- Active · Active since 27 Nov 2025
- Contact
- demolar.be [email protected]
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