Financials
Financial year 2025
DEMAVE from Oostende, company number BE0778300482, closed financial year 2025 with a result of € 19,406 after tax. For that financial year DEMAVE recorded a gross margin of € 323,895 and equity of € 461,949. Compared with financial year 2024, the result moved from € 75,446 to € 19,406. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 461,949
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,406
▼ 74% vs 2024
Profit after tax over the fiscal year.
€ 76,251
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 236,949.
People and assets in 2025
4.6
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 173,705
▲ 28% vs 2024
€ 37,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,849
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.9 million
▲ 116% vs 2024
€ 66,750 is repaid this year. At this pace the long-term loan is gone in ≈ 28 years.
€ 81,185
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,556
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 282,622 | € 350,968 | € 381,236 | € 323,895 | ▼ 15% |
| Profit after taxes | € 82,636 | € 63,862 | € 75,446 | € 19,406 | ▼ 74% |
| Equity | € 303,236 | € 367,098 | € 442,543 | € 461,949 | ▲ 4% |
| Total debts | € 479,179 | € 849,170 | € 1,424,374 | € 2,484,719 | ▲ 74% |
| Cash | € 21,786 | € 35,940 | € 100,245 | € 76,251 | ▼ 24% |
| Land & buildings | € 184,631 | € 570,304 | € 1,318,794 | € 2,333,608 | ▲ 77% |
| Retained profit | € 78,236 | € 142,098 | € 217,543 | € 236,949 | ▲ 9% |
| Dividend | € 4,400 | € 0 | € 0 | € 0 | |
| Bank debt | € 177,076 | € 468,229 | € 880,567 | € 1,900,683 | ▲ 116% |
| Balance sheet total | € 782,415 | € 1,216,267 | € 1,866,917 | € 2,946,668 | ▲ 58% |
| Employees (FTE) | - | - | 3.9 | 4.6 | ▲ 0.7 |
Key figures of DEMAVE, 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 DEMAVE?
What happened at DEMAVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,406 (▼ 74% vs 2024). filed late Source: NBB ↗
- New establishment in Middelkerke. KBO
- New establishment in Oostende. KBO
- New establishment in Koekelare. KBO
- New establishment in Ichtegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 82,636 profit in 2022 to € 19,406 profit in 2025.
Paid € 86,278 in corporate taxes since 2022.
Best year ever: 2022, with € 82,636 profit.
On average € 70,400 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind DEMAVE are Evy Verschaeve and Dries Van Hecke.
Directors
According to the 2025 annual accounts
Evy Verschaeve
Director
Dries Van Hecke
Director
Establishments
Establishment units
Physical locations of this company
Frère-Orbanstraat 117
8400 Oostende
Provinciebaan 2
8680 Koekelare
Active since 1 January 2022
Reigermolenstraat(ICH) 9
8480 Ichtegem
Active since 1 January 2022
Nekkersvlietweg 3
8432 Middelkerke
Active since 21 January 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0778.300.482
- VAT number
- BE 0778.300.482
- Registered office
- Frère-Orbanstraat 117, 8400 Oostende
- Names & denominations
- DEMAVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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