Democo(SA)

BE 0440.712.867

	2024		2023		2022		2021
Profit/Loss Section 9904 Profit/Loss of the financial year (after taxes on result) (+/-)	€ 3,188,734	159 %	€ -5,434,984	58 %	€ -12,877,499	-11323 %	€ 114,743
Turnover Section 70 Turnover of the financial year	€ 219,045,294	-3 %	€ 224,878,579	7 %	€ 210,911,642	-14 %	€ 245,765,685
Equity Section 10/15 Equity consists of capital, capital reserves and earnings that remain within the company. These are fully owned by the company and are at its disposal to cover its risks. The better the ratio between equity and debts, the more solvent a company is. A positive equity ratio is important. A negative equity ratio (because of accumulated losses) is a severe warning sign that the continuity of the company may be threatened.	€ 12,859,012	33 %	€ 9,670,278	-36 %	€ 15,105,263	-46 %	€ 27,982,762
Gross margin Section 9900 Gross margin or added value is net sales minus the direct costs of the goods sold. In other words: sales invoices minus purchase invoices. A negative gross margin is a warning sign especially when occurring over several years. It may indicate that the company has insufficient means to cover internal costs like salaries, etc.	€ 29,038,922	63 %	€ 17,833,677	20 %	€ 14,808,051	-35 %	€ 22,695,755
Employees Section 9087 Average number of staff in full time equivalents	269		292		299		307

	Date	Publication
	14-03-2025	Resignations - Appointments (NL)
	09-09-2024	Resignations - Appointments (NL)
	26-06-2024	Resignations - Appointments (NL)
	13-03-2024	Modification(s) Articles of Association (NL)
	23-11-2023	Resignations - Appointments (NL)

What is the VAT number of Democo?

The VAT number of Democo is BE0440712867.

When was Democo founded?

Democo was founded on 07-06-1990.

What is the address of Democo?

The current registered office of Democo is located at Herkenrodesingel 4B, 3500 Hasselt.

When was the last time Democo filed their annual financial statements?

The most recent financial statements of Democo were filed on 05-06-2025. You can view them here.

How many employees does Democo have?

There are 268,6 FTEs working at Democo according to the staff figures in the most recent financial statements.

What is the annual turnover of Democo?

At the time of its most recent financial statements, Democo recorded a total turnover of €219,045,296.00.