Skip to content

D.B.M.

Active
Private limited company (pre-2019)founded 200422 yrs activeRue des Meuneries 11, 4650 Herve, BelgiumKBO/BCE: BE 0867.366.179
Summary

The computed 12-month bankruptcy probability of D.B.M. is 4.9% (elevated). For D.B.M., at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€4,277) and a net result of -€1,208. Equity is shrinking by ~44% per year across the filed fiscal years. Its solvency ranks better than 5% of 373 sector peers (fiscal year 2023). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-100
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Age of the figures
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 12-08-2024, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
12 d late
2022
81 d late
2021
87 d late
2020
27 d late
2019
84 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 58 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

D.B.M. was incorporated on 22 September 2004.1 Total assets fell from EUR 81,418 in 2018 to EUR 15,323 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,208
2022 · €14,716
Working capital
-€4,277▼ 43.6%
2022 · -€2,978
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result€990▼ 42.4%-€11,076-€21,468▼ 93.8%€14,605-€1,054
Net result€1,180▼ 34.2%-€11,708within the sector's middle half-€34,706below the sector's middle half▼ 196%€14,716within the sector's middle half-€1,208within the sector's middle half
Equity€28,628▲ 4.3%€16,920below the sector's middle half▼ 40.9%-€17,785below the sector's middle half-€3,069below the sector's middle half▲ 82.7%-€4,277below the sector's middle half▼ 39.4%
Total assets€112,819▲ 38.6%€57,642below the sector's middle half▼ 48.9%€15,323below the sector's middle half▼ 73.4%€30below the sector's middle half▼ 99.8%€381below the sector's middle half▲ 1,149%
Debt€84,191▲ 56.0%€40,721▼ 51.6%€33,109▼ 18.7%€3,099▼ 90.6%€4,658▲ 50.3%
Working capital€15,424▼ 16.0%€3,804▼ 75.3%-€18,120-€2,978▲ 83.6%-€4,277▼ 43.6%
Solvency25.4%▼ 8.3pp29.4%within the sector's middle half▲ 4.0pp-116.1%below the sector's middle half▼ 145.4pp
Staff (FTE)1.2▼ 33.3%
above within below the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2019: €990€990Net result 2019: €1,180€1,180Operating result 2020: -€11,076-€11,076Net result 2020: -€11,708-€11,708Operating result 2021: -€21,468-€21,468Net result 2021: -€34,706-€34,706Operating result 2022: €14,605€14,605Net result 2022: €14,716€14,716Operating result 2023: -€1,054-€1,054Net result 2023: -€1,208-€1,20820192020202120222023-€40,000-€20,000€0€20,000Operating result 2021: -€21,468-€21,500Net result 2021: -€34,706-€34,700Operating result 2022: €14,605€14,600Net result 2022: €14,716€14,700Operating result 2023: -€1,054-€1,050Net result 2023: -€1,208-€1,210202120222023
The operating result turns negative in 2023: a loss of €1,054 after €14,605 in 2022.
Key figures and ratios
2023 value · change against 2022
Debt ≤ 1 year
€4,658▲
2022 · €3,009
Ratios withheld: a balance sheet total of €381 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 40 lines
Balance sheet Code20222023
Assets
Total assets20/58€30€381▲
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Current assets29/58€30€381▲
Amounts receivable within one year40/41€0€381▲
Other amounts receivable41€0€381▲
Cash at bank and in hand54/58€30-
Equity and liabilities
Total equity and liabilities10/49€30€381▲
Equity10/15-€3,069-€4,277▼
Contributions10/11€18,750€18,750=
Reserves13€1,875€1,875=
Non-distributable reserves130/1€1,875€1,875=
Reserves not available under the articles1311€1,875€1,875=
Profit (loss) carried forward14-€23,694-€24,902▼
Amounts payable17/49€3,099€4,658▲
Amounts payable within one year42/48€3,009€4,658▲
Financial debts43€860€1▼
Credit institutions430/8€860€1▼
Trade debts44€2,148-
Suppliers440/4€2,148-
Other amounts payable47/48€0€4,657▲
Accrued charges and deferred income492/3€90-
Income statement Code20222023
Non-recurring operating income76A€16,921-
Goods, raw materials, services and sundry goods60/61-€1,054
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€335-
Other operating charges640/8€0-
Non-recurring operating charges66A€0-
Gross operating margin9900€14,939-€1,054▼
Operating profit (loss)9901€14,605-€1,054▼
Financial income75/76B€800-
Recurring financial income75€800-
Financial charges65/66B€688€154▼
Recurring financial charges65€688€154▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€14,716-€1,208▼
Profit (loss) for the period9904€14,716-€1,208▼
Profit (loss) for the period to be appropriated9905€14,716-€1,208▼
Appropriation of the result
Profit (loss) to be appropriated9906-€23,694-€24,902▼
Profit (loss) brought forward from the previous period14P-€38,410-€23,694▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Non-recurring operating income76A--€200€16,921--
Goods, raw materials, services and sundry goods60/61----€1,054-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€919€382€335€335--
Other operating charges640/8--€384€0--
Non-recurring operating charges66A--€47€0--
Gross operating margin9900€94,472-€9,727-€20,702€14,939-€1,054▼ 107%
Operating profit (loss)9901€990-€11,076-€21,468€14,605-€1,054▼ 107%
Financial income75/76B---€800--
Recurring financial income75€2,773--€800--
Financial charges65/66B--€13,237€688€154▼ 77.6%
Recurring financial charges65€2,164€632€837€688€154▼ 77.6%
Non-recurring financial charges66B--€12,400€0--
Profit (loss) for the period before taxes9903€1,599-€11,708-€34,706€14,716-€1,208▼ 108%
Income taxes67/77€419-----
Profit (loss) for the period9904€1,180-€11,708-€34,706€14,716-€1,208▼ 108%
Profit (loss) for the period to be appropriated9905€1,180-€11,708-€34,706€14,716-€1,208▼ 108%
Line20192020202120222023Change
Assets
Total assets20/58€112,819€57,642€15,323€30€381▲ 1,149%
Fixed assets21/28€13,498€13,116€335€0--
Tangible fixed assets22/27€1,098€716€335€0--
Furniture and vehicles24--€335€0--
Financial fixed assets28€12,400€12,400----
Current assets29/58€99,320€44,525€14,989€30€381▲ 1,149%
Amounts receivable within one year40/41€92,342€41,359€14,076€0€381-
Other amounts receivable41--€14,076€0€381-
Cash at bank and in hand54/58€6,978€3,166€913€30--
Equity and liabilities
Total equity and liabilities10/49€112,819€57,642€15,323€30€381▲ 1,149%
Equity10/15€28,628€16,920-€17,785-€3,069-€4,277▼ 39.4%
Contributions10/11€18,750-€18,750€18,750€18,750=
Reserves13€1,875€1,875€1,875€1,875€1,875=
Non-distributable reserves130/1--€1,875€1,875€1,875=
Reserves not available under the articles1311--€1,875€1,875€1,875=
Profit (loss) carried forward14€8,003-€3,705-€38,410-€23,694-€24,902▼ 5.1%
Amounts payable17/49€84,191€40,721€33,109€3,099€4,658▲ 50.3%
Amounts payable within one year42/48€83,897€40,721€33,109€3,009€4,658▲ 54.8%
Financial debts43---€860€1▼ 99.9%
Credit institutions430/8---€860€1▼ 99.9%
Trade debts44€10,442€2,759€21,132€2,148--
Suppliers440/4--€21,132€2,148--
Other amounts payable47/48--€11,977€0€4,657-
Accrued charges and deferred income492/3---€90--
Line20192020202120222023Change
Profit (loss) for the period9904€1,180-€11,708-€34,706€14,716-€1,208▼ 108%
+ Depreciation and write-downs630€919€382€335€335--
Operating cash flow (approximation)€2,099-€11,326-€34,371€15,051-€1,208▼ 108%
Investment in fixed assets (approximation)-€0€12,447€0--
Change in cash--€3,812-€2,253-€882--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2024
12-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
20-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 81 days late
2022
31-12
Financial Back to profitnet €14,716
Net result €14,716 after 2 loss-making years.
26-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 87 days late
2021
31-12
Financial Weakest financial yearnet -€34,706
Net result drops to -€34,706, the lowest in the series; recovery starts the following year.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
23-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 84 days late
2019
05-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 5 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
10-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
29-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 60 days late
2015
06-12
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 128 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herve · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
3,286 m²
Building footprint
2,337 m²
Volume, LiDAR
12,359 m³
Parcel 63035A0013/00R002, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
D.B.M.
Rue des Meuneries 11, 4650 HerveAgents specialised in the wholesale of other particular products
since 20042.139.717.159
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63035A0013/00R002 Wallonia 3,285 m² 1 · 2,337 m² 7.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2022 list no shareholders, and no other source names one.

Holdings 1

According to the 2022 annual accounts of D.B.M. and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 1,372 companies in sector 61100 we hold annual accounts for 585. 318 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded22-09-2004
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.