Financials
Financial year 2024
Democon from Oostrozebeke, company number BE0840742451, closed financial year 2024 with a result of € 9,209 after tax. For that financial year Democon recorded a gross margin of € 30,089 and equity of € 185,762. Compared with financial year 2023, the result moved from € 22,269 to € 9,209. 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 August 26, 2025.
€ 185,762
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,209
▼ 59% vs 2023
Profit after tax over the fiscal year.
€ 42,983
▼ 49% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
18 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 3,273
▼ 34% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,946
▼ 54% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 77,973 | € 90,620 | € 53,424 | € 30,089 | ▼ 44% |
| Profit after taxes | € 35,950 | € 40,982 | € 22,269 | € 9,209 | ▼ 59% |
| Equity | € 119,768 | € 157,550 | € 178,220 | € 185,762 | ▲ 4% |
| Total debts | € 167,652 | € 119,740 | € 45,092 | € 29,934 | ▼ 34% |
| Cash | € 113,828 | € 87,886 | € 83,794 | € 42,983 | ▼ 49% |
| Land & buildings | € 142,119 | € 131,967 | € 121,816 | € 111,665 | ▼ 8% |
| Retained profit | € 89,168 | € 126,950 | € 147,620 | € 155,162 | ▲ 5% |
| Dividend | € 0 | € 3,200 | € 1,600 | € 1,666 | ▲ 4% |
| Bank debt | € 7,628 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 287,420 | € 277,291 | € 223,311 | € 215,696 | ▼ 3% |
Key figures of Democon, 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 Democon?
What happened at Democon in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 9,209 (▼ 59% vs 2023). filed late Source: NBB ↗
- New establishment in Oostrozebeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,950 profit in 2021 to € 9,209 profit in 2024.
Paid € 44,614 in corporate taxes since 2021.
Best year ever: 2022, with € 40,982 profit.
Paid out € 6,466 in dividends to the owners in total.
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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 Democon are Lindsay Monteyne and Johan De Clercq.
Directors
According to the 2024 annual accounts
Lindsay Monteyne
Director
Johan De Clercq
Director
Establishments
Establishment units
Physical locations of this company
Ooigemstraat 41
8780 Oostrozebeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0840.742.451
- VAT number
- BE 0840.742.451
- Registered office
- Ooigemstraat 41, 8780 Oostrozebeke
- Names & denominations
- Democon
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 2011
- Peppol
- Active · Active since 31 Jan 2026
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