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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
DEMIRHAN GROUP from Farciennes, company number BE0767507847, closed financial year 2026 with a result of € 4,101 after tax. For that financial year DEMIRHAN GROUP recorded a gross margin of € 233,594 and equity of € -24,979. Compared with financial year 2025, the result moved from € -13,157 to € 4,101. Profitable, and profit is growing. 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 September 28, 2026.
€ -24,979
▲ € 4,101 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,101
▲ still € 13,157 loss in 2025
Profit after tax over the fiscal year.
€ 1,711
▲ 200% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -34,979.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 211,885
▲ 61% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,136
▼ 83% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 31,829
▲ 43% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 59,120
▲ 79% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 77,338 | € 134,610 | € 151,401 | € 233,594 | ▲ 54% |
| Profit after taxes | € -27,992 | € 2,069 | € -13,157 | € 4,101 | ▲ € 17,259 |
| Equity | € -17,992 | € -15,923 | € -29,080 | € -24,979 | ▲ € 4,101 |
| Total debts | € 116,268 | € 103,915 | € 105,751 | € 124,946 | ▲ 18% |
| Cash | - | € 2 | € 570 | € 1,711 | ▲ 200% |
| Retained profit | € -27,992 | € -25,923 | € -39,080 | € -34,979 | ▲ € 4,101 |
| Bank debt | € 52,261 | € 29,145 | € 9,284 | € 0 | ▼ 100% |
| Balance sheet total | € 98,276 | € 87,992 | € 76,671 | € 99,967 | ▲ 30% |
Key figures of DEMIRHAN GROUP, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to DEMIRHAN GROUP?
What happened at DEMIRHAN GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 4,101. Source: NBB ↗
- New establishment in Farciennes. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,992 loss in 2023 to € 4,101 profit in 2026.
Best year ever: 2026, with € 4,101 profit.
Management
Behind DEMIRHAN GROUP is RIDVAN DEMIRHAN.
Directors
According to the 2026 annual accounts
RIDVAN DEMIRHAN
Director
Establishments
Establishment units
Physical locations of this company
Rue du Wairchat(FAR) 89
6240 Farciennes
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0767.507.847
- VAT number
- BE 0767.507.847
- Registered office
- Rue du Wairchat(FAR) 89, 6240 Farciennes
- Names & denominations
- DEMIRHAN GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2021
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
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