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What does Democo do?

DEMOCO specializes in providing innovative technology solutions and services to enhance operational efficiency. The company focuses on developing software applications tailored to meet the specific needs of various industries. With a strong emphasis on customer satisfaction, DEMOCO aims to deliver high-quality products that drive business success.
Juridical situation
Normal situation
Company number
0440.712.867
Founding date
Founded in 07-06-1990
EUID number
BEKBOBCE.0440.712.867
Type of enterprise
Rechtspersoon
Location
Herkenrodesingel 4B Hasselt 3500
Juridical form
NV — Public limited company (NV/SA)
Signals
Profitable
Strong equity
Positive cashflow
Positive EBITDA
High turnover
Healthy social debt

Financial ratios

Profit
€ 2.72M
Decreased by 15%
Equity
€ 15.58M
Increased by 21%
Turnover
€ 188.35M
Decreased by 14%
Health
Solvability > 25%
23.2%
Liquidity > 1.0
1.29
Profitability > 0%
17.4%
2025
2024
2023
2022
Turnover
€ 188.35M
€ 219.05M
€ 224.88M
€ 210.91M
EBITDA
€ 2.74M
€ 5.59M
€ -605K
€ -10.91M
Profit
€ 2.72M
€ 3.19M
€ -5.43M
€ -12.88M
Equity
€ 15.58M
€ 12.86M
€ 9.67M
€ 15.11M
Solvability
23.16%
18.17%
11.89%
22.32%
Debt
€ 48.73M
€ 56.89M
€ 71.48M
€ 47.84M
Cash
€ 3.02M
€ 1.60M
€ 1.52M
€ 4.22M
Employees
236.80
262.10
289.00
300.30

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Frequently asked questions

Answers to the most common questions about Democo, based on official government data and the filed annual accounts.

What is the VAT number of Democo?

The VAT number of Democo is BE0440.712.867.

How many employees work at Democo?

In 2025, Democo employed 236.80 full-time equivalents (FTE).

When was Democo established?

Democo was founded in 07-06-1990.

What is the official address of Democo?

The official address of Democo is Herkenrodesingel 4B Hasselt 3500.

What is the legal form of Democo?

The juridical form of Democo is Public limited company (NV/SA).

What is the annual revenue of Democo?

The revenue of Democo for the 2025 financial year was €188,346,981.

What does Democo do?

DEMOCO specializes in providing innovative technology solutions and services to enhance operational efficiency. The company focuses on developing software applications tailored to meet the specific needs of various industries. With a strong emphasis on customer satisfaction, DEMOCO aims to deliver high-quality products that drive business success.

Is Democo a reliable company?

Democo is a registered Rechtspersoon with company number 0440.712.867 and can be verified through the official CBE database.

What is the credit limit of Democo?

The estimated credit limit of Democo is €9,943,598.

Is Democo still active?

Democo currently has the status "Normal situation" and is active.

Further reading

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Sources