DEMOCRAT (Private limited company)
DEMOCRAT is a Belgian company registered with the Crossroads Bank for Enterprises under enterprise number 0438.800.383. It was founded on 26-10-1989. Its registered office is in Waregem. Its main activity is: Insurance, reinsurance and pension funding, except compulsory social security. Its annual accounts for 2025 report equity of € 50 459 and a loss of € 6 098. Addrly gives it a financial health grade of A, on a scale from A (safest) to E (most at risk). It filed its annual accounts within the legal deadline for 3 of its last 4 financial years.
Information last updated on 07-10-2026.
Company information
Key figures of DEMOCRAT
| 2025 | 2024 | 2023 | |
|---|---|---|---|
Profit / lossiWhat the period earned after taxes. A negative amount is a loss. | € -6 098 | € 7 429+102 % | € 3 682 |
EquityiWhat belongs to the shareholders: capital contributed, reserves and profits kept in the company. | € 50 459-11 % | € 56 557+15 % | € 49 128 |
Total assetsiEverything the company owns. Equal to total equity and liabilities, which says how it is financed. | € 59 204-35 % | € 90 522+12 % | € 80 694 |
Gross marginiSales and other operating income, minus purchases of goods and services. What is left to pay the staff and everything else. | € -1 879 | € 14 850+53 % | € 9 677 |
Employees (FTE)iAverage number of workers over the period, in full-time equivalents. | - | - | - |
Financial estimate
- 1 Shareholders
- 1 Board links
Similar companies
Other companies in the same activity in Waregem.
| Company | Town |
|---|---|
| PELICA | 8790 Waregem |
| CARLETTE | 8790 Waregem |
| HOORENS & CIE | 8790 Waregem |
Frequently asked questions
Is DEMOCRAT still active? Yes. The Crossroads Bank for Enterprises lists DEMOCRAT as active.
What is the VAT number of DEMOCRAT? DEMOCRAT is not registered for VAT. Its enterprise number is 0438.800.383.
When was DEMOCRAT founded? DEMOCRAT was founded on 26-10-1989.
What is the address of DEMOCRAT? The current registered office of DEMOCRAT is Zuiderpromenade 17, 8790 Waregem.
When did DEMOCRAT last file annual accounts? The latest annual accounts of DEMOCRAT were filed on 28-07-2026.
Does DEMOCRAT file its annual accounts on time? DEMOCRAT filed its annual accounts within the legal deadline for 3 of its last 4 financial years. Late: 2022.
Is DEMOCRAT financially healthy? Addrly gives DEMOCRAT a financial health grade of A, on a scale from A (safest) to E (most at risk). The failure probability and the indicators behind it are visible with a free account.
Is DEMOCRAT profitable? The annual accounts of DEMOCRAT for 2025 show a loss of € 6 098.
What is the equity of DEMOCRAT? The equity of DEMOCRAT was € 50 459 at the close of the 2025 financial year.
Who are the directors of DEMOCRAT? The annual accounts of DEMOCRAT record 3 mandates. The names, roles and dates are visible with a free account.
Can DEMOCRAT receive Peppol e-invoices? Yes. DEMOCRAT is registered on the Peppol network and can receive structured electronic invoices.
What does DEMOCRAT do? The main activity of DEMOCRAT is: Insurance, reinsurance and pension funding, except compulsory social security.