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 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
DEMAR from Gent, company number BE0847133563, closed financial year 2022 with a result of € -41,773 after tax. For that financial year DEMAR recorded a gross margin of € -4,350 and equity of € -42,253. Compared with financial year 2021, the result moved from € -23,045 to € -41,773. 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 March 1, 2023.
€ -42,253
▼ € 41,773 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -41,773
▼ 81 % more loss than in 2021
Profit after tax over the fiscal year.
€ 90
▼ 69% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -60,853.
People and assets in 2022
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 21,550
▼ 37% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,892
▼ 78% vs 2021
Of which on lease € 8,792.
Debts at end 2022
€ 3,518
▼ 88% vs 2021
Loans from banks and other lenders, long and short.
€ 18,141
▲ 96% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 8,231
▼ 13% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 23,369 | € -4,350 | ▼ € 27,719 |
| Profit after taxes | € -23,045 | € -41,773 | ▼ € 18,728 |
| Equity | € -480 | € -42,253 | ▼ € 41,773 |
| Total debts | € 79,844 | € 62,307 | ▼ 22% |
| Cash | € 287 | € 90 | ▼ 69% |
| Retained profit | € -19,080 | € -60,853 | ▼ € 41,773 |
| Bank debt | € 29,304 | € 3,518 | ▼ 88% |
| Balance sheet total | € 79,364 | € 20,053 | ▼ 75% |
Key figures of DEMAR, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to DEMAR?
What happened at DEMAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
DEMAR is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 41,773. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 23,045 loss in 2021 to € 41,773 loss in 2022.
Management
Behind DEMAR are E & M BV and Alain Remiens. E & M BV is also behind GROUP BR.
Establishments
Establishment units
Physical locations of this company
Hogeweg 183
9000 Gent
Derbystraat 277
9051 Gent
Active since 4 July 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DE WITTE Wilfried Marie Dominique(oprichter) 25%
- DE WITTE Johan Aimé Rachel(oprichter) 25%
- DE WITTE Kris René(oprichter) 25%
- DE WITTE JAAK(oprichter) 25%
Details
- Company number
- 0847.133.563
- VAT number
- BE 0847.133.563
- Registered office
- Hogeweg 183, 9000 Gent
- Names & denominations
- DEMAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 4 July 2012
- Peppol
- Not registered
- Activities · NACE
Overige reiniging van gebouwen; industriële reiniging
Overige werkzaamheden in verband met de afwerking van gebouwen