D & M
Open bankruptcyA bankruptcy procedure is open for D & M according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-76k) and a net result of €-164k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2023, micro schema
Equity
€-76k
2022 · €88k
2018: €74k
2019: €93k
2020: €76k
2021: €90k
2022: €88k
2018 → 2023
Total assets
€41k▼ 56.2%
2022 · €92k
2018: €95k
2019: €126k
2020: €90k
2021: €105k
2022: €92k
2018 → 2023
Net result
€-164k▼ 13,960%
2022 · €-1k
2018: €14k
2019: €19k
2020: €-16k
2021: €13k
2022: €-1k
2018 → 2023
Working capital
€-87k
2022 · €77k
2018: €68k
2019: €86k
2020: €71k
2021: €78k
2022: €77k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€93k-€76k▼ 17.8%€90k▲ 17.4%€88k▼ 1.3%€-76k
Operating result€28k-€-15k€14k€10▼ 99.9%€-161k
Net result€19k-€-16k€13k€-1k€-164k▼ 13,960%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €161k after €10 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €41k
Fixed assets
€16k▲ 40.4%
Current assets
€24k▼ 70.1%
Key figures and ratios
EBITDA
€-156k▼
2022 · €4k
Cash flow
€-159k▼
2022 · €3k
Solvency
-187.4%▼
2022 · 95.7%
Current ratio
0.22▼
2022 · 20.22
Quick ratio
0.16▼
2022 · 18.66
Debt / equity
-1.53▼
2022 · 0.05
ROA
-405.9%▼
2022 · -1.3%
Interest coverage
-51.66▼
2022 · 3.51
Debt
€116k▲
2022 · €4k
Debt ≤ 1 year
€111k▲
2022 · €4k
Income taxes
€70▼
2022 · €112
Staff costs
€136k▲
2022 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€92k€41k▼
Fixed assets21/28€12k€16k▲
Tangible fixed assets22/27€11k€15k▲
Plant, machinery and equipment23€694€5k▲
Furniture and vehicles24€10k€11k▲
Other tangible fixed assets26€82-
Financial fixed assets28€839€839=
Current assets29/58€81k€24k▼
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€43k€17k▼
Trade receivables40€2k€5k▲
Other amounts receivable41€41k€13k▼
Cash at bank and in hand54/58€32k€692▼
Equity and liabilities
Total equity and liabilities10/49€92k€41k▼
Equity10/15€88k€-76k▼
Contributions10/11€6k€6k=
Reserves13€49k€49k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€8k€8k=
Distributable reserves133€39k€39k=
Profit (loss) carried forward14€33k€-131k▼
Amounts payable17/49€4k€116k▲
Amounts payable within one year42/48€4k€111k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€3k€12k▲
Suppliers440/4€3k€12k▲
Taxes, remuneration and social security45€756€70k▲
Taxes450/3€756€35k▲
Remuneration and social security454/9-€35k
Other amounts payable47/48-€25k
Accrued charges and deferred income492/3-€5k
Income statement
Code20222023
Remuneration, social security and pensions62€36k€136k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€42k€-19k▼
Operating profit (loss)9901€10€-161k▼
Financial income75/76B€4€1▼
Recurring financial income75€4€1▼
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€-1k€-164k▼
Income taxes67/77€112€70▼
Profit (loss) for the period9904€-1k€-164k▼
Profit (loss) for the period to be appropriated9905€-1k€-164k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€-131k▼
Profit (loss) brought forward from the previous period14P€34k€33k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · D & M BV BORGWAL 3, 1000 BRUSSEL · event 29-07-2025
03-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL D & M BORGVAL 3, 1000 BRUXELLES · event 26-05-2025
2024
09-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 131 days late
09-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 497 days late
2023
31-12
Financial
Weakest financial yearnet €-164k
Net result drops to €-164k, the lowest in the series.
2022
31-12
Financial
Liquidity triplescurrent ratio 20.22
Current ratio from 6.96 to 20.22; short-term debt falls from €13k to €4k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €19k ▲34.7%
Operating result €28k, net result €19k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
17-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Borgwal 31000 BrusselGround area
63 m²
Building footprint
56 m²
Volume, LiDAR
1,029 m³
Parcel 21811M0970/00W000, Brussels · tallest building 20.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
D&M SPRL
since 20072.165.711.179
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M0970/00W000 | Brussels | 63 m² | 1 · 56 m² | 20.8 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | Gerry VERSCHUREN BLEEKSTRAAT 11/003,
2800 MECHELEN |
29-07-2025 → present |
| Curator | EMILIE MICHEL AVENUE DE FRE 229, 1180 02 UCCLE- |
26-05-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.165.711.179
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,693 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-10-2007
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.