D.M.CONSTRUCTIONS
ActiveSummary
D.M.CONSTRUCTIONS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €4k. Equity is shrinking by ~17% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 31% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability45▼-1
Solvency54▲+9
Growth42=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 3.0 against 4.97 in 2024; short-term debt: 31.1% and cash: 50.1% of total assets), but 71.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.7%
Return on assets
3.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €34k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
129 d early
2023
26 d early
2022
39 d late
2021
26 d early
2020
33 d early
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€977k▲ 74.3%
2019 · €560k
EBIT margin
3.7%▼ 5.2pp
2019 · 8.9%
Net result
€4k▲ 18.8%
2024 · €4k
Working capital
€75k▼ 33.9%
2024 · €113k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€-431k€-157k▲ 63.6%€18k€6k▼ 66.6%€8k▲ 37.8%
Net result€-135k€-179k▼ 32.1%€237k€4k▼ 98.5%€4k▲ 18.8%
EBIT margin
Equity€-32k€-211k▼ 567%€26k€30k▲ 13.8%€34k▲ 14.4%
Total assets€552k▼ 33.5%€407k▼ 26.3%€232k▼ 42.9%€147k▼ 36.6%€120k▼ 18.4%
Debt€584k▼ 19.6%€618k▲ 5.8%€206k▼ 66.7%€117k▼ 43.1%€86k▼ 26.9%
Working capital€-122k€-296k▼ 143%€114k€113k▼ 0.6%€75k▼ 33.9%
Staff (FTE)7.5▲ 17.2%7.2▼ 4.0%3▼ 58.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 38% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120k
Fixed assets
€8k ▲ 38.9%
Current assets
€112k ▼ 20.8%
Equity and liabilities €120k
Equity
€34k ▲ 14.4%
Debt
€86k ▼ 26.9%
Debt's share of the balance-sheet total falls from 79.6% to 71.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11k▲
2024 · €7k
Cash flow
€7k▲
2024 · €5k
Current ratio
3.00▼
2024 · 4.97
Quick ratio
2.87▼
2024 · 4.45
Debt to equity
2.49▼
2024 · 3.89
ROE
12.6%▲
2024 · 12.1%
ROA
3.6%▲
2024 · 2.5%
Interest coverage
2.63▼
2024 · 2.90
Debt ≤ 1 year
€37k▲
2024 · €28k
Debt > 1 year
€48k▼
2024 · €89k
Staff costs
€4▼
2024 · €302
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €329k | €313k | €247k | €133k | €134k | ▲ 0.7% |
| Remuneration, social security and pensions62 | €282k | €307k | €171k | €302 | €4 | ▼ 98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €21k | €34 | €969 | €2k | ▲ 131% |
| Other operating charges640/8 | €3k | - | €4k | €3k | €342 | ▼ 89.1% |
| Gross operating margin9900 | €-131k | €171k | €193k | €10k | €11k | ▲ 4.5% |
| Operating profit (loss)9901 | €-431k | €-157k | €18k | €6k | €8k | ▲ 37.8% |
| Financial income75/76B | €313k | €357 | €226k | €1 | €0 | ▼ 97.1% |
| Recurring financial income75 | €450 | €17 | €3k | €1 | €0 | ▼ 97.1% |
| Non-recurring financial income76B | €313k | €341 | €223k | - | - | - |
| Financial charges65/66B | €14k | €22k | €7k | €2k | €4k | ▲ 66.3% |
| Recurring financial charges65 | €14k | €22k | €7k | €2k | €4k | ▲ 66.3% |
| Profit (loss) for the period before taxes9903 | €-132k | €-179k | €237k | €4k | €4k | ▲ 18.8% |
| Income taxes67/77 | €3k | - | - | - | - | - |
| Profit (loss) for the period9904 | €-135k | €-179k | €237k | €4k | €4k | ▲ 18.8% |
| Profit (loss) for the period to be appropriated9905 | €-135k | €-179k | €237k | €4k | €4k | ▲ 18.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €552k | €407k | €232k | €147k | €120k | ▼ 18.4% |
| Formation expenses20 | €29k | €25k | - | - | - | - |
| Fixed assets21/28 | €284k | €272k | €2k | €6k | €8k | ▲ 38.9% |
| Tangible fixed assets22/27 | €283k | €271k | €462 | €5k | €7k | ▲ 47.7% |
| Land and buildings22 | €263k | €253k | - | - | - | - |
| Plant, machinery and equipment23 | €10k | €7k | €462 | €2k | €1k | ▼ 28.1% |
| Furniture and vehicles24 | €10k | €11k | - | €3k | €6k | ▲ 83.8% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €239k | €110k | €231k | €142k | €112k | ▼ 20.8% |
| Stocks and contracts in progress3 | €109k | - | - | €15k | €5k | ▼ 66.7% |
| Stocks30/36 | €109k | - | - | €15k | €5k | ▼ 66.7% |
| Amounts receivable within one year40/41 | €103k | €74k | €106k | €51k | €47k | ▼ 8.8% |
| Trade receivables40 | €103k | €74k | €104k | €51k | €46k | ▼ 8.5% |
| Other amounts receivable41 | - | - | €2k | €573 | €359 | ▼ 37.4% |
| Cash at bank and in hand54/58 | €21k | €28k | €124k | €74k | €60k | ▼ 18.4% |
| Deferred charges and accrued income490/1 | €6k | €7k | €1k | €1k | €101 | ▼ 92.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €552k | €407k | €232k | €147k | €120k | ▼ 18.4% |
| Equity10/15 | €-32k | €-211k | €26k | €30k | €34k | ▲ 14.4% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Capital10 | €12k | €12k | €12k | €12k | €12k | = |
| Issued capital100 | €19k | €19k | €19k | €19k | €19k | = |
| Uncalled capital101 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €92k | €92k | €92k | €92k | €92k | = |
| Distributable reserves133 | €92k | €92k | €92k | €92k | €92k | = |
| Profit (loss) carried forward14 | €-135k | €-314k | €-77k | €-74k | €-69k | ▲ 5.9% |
| Amounts payable17/49 | €584k | €618k | €206k | €117k | €86k | ▼ 26.9% |
| Amounts payable after more than one year17 | €223k | €212k | €89k | €89k | €48k | ▼ 45.5% |
| Financial debts170/4 | €223k | €212k | €89k | €89k | €48k | ▼ 45.5% |
| Amounts payable within one year42/48 | €361k | €405k | €117k | €28k | €37k | ▲ 31.3% |
| Current portion of amounts payable after more than one year42 | €10k | €10k | - | - | - | - |
| Trade debts44 | €215k | €277k | €95k | €24k | €37k | ▲ 53.2% |
| Suppliers440/4 | €215k | €277k | €95k | €24k | €37k | ▲ 53.2% |
| Taxes, remuneration and social security45 | €47k | €26k | €1k | - | - | - |
| Taxes450/3 | €37k | €14k | - | - | - | - |
| Remuneration and social security454/9 | €10k | €12k | €1k | - | - | - |
| Other amounts payable47/48 | €89k | €92k | €21k | €4k | €449 | ▼ 89.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-135k | €-179k | €237k | €4k | €4k | ▲ 18.8% |
| + Depreciation and write-downs630 | €15k | €21k | €34 | €969 | €2k | ▲ 131% |
| Operating cash flow (approximation) | €-121k | €-157k | €237k | €5k | €7k | ▲ 42.4% |
| Investment in fixed assets (approximation) | - | €-10k | €271k | €-5k | €-5k | ▲ 14.2% |
| Change in cash | - | €7k | €95k | €-50k | €-14k | ▲ 72.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 4.97
Current ratio from 1.97 to 4.97; short-term debt falls from €117k to €28k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €237k
Net result €237k after 2 loss-making years.
31-12
Financial
Liquidity times 7current ratio 1.97
Current ratio from 0.27 to 1.97; short-term debt falls from €405k to €117k.
08-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 39 days late
2022
31-12
Financial
Weakest financial yearnet €-179k
Net result drops to €-179k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €100kEq €101k ▲18.7%
2 profitable years in a row build equity to €101k.
Show earlier events
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Verviers · 1 establishment unit since 2007
Ground area
1,057 m²
Building footprint
203 m²
Volume, LiDAR
1,102 m³
2 parcels, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D.M. CONSTRUCTIONS
since 20072.157.235.359
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63036A0462/00X013 | Wallonia | 994 m² | 1 · 132 m² | 6.7 m · 2 fl. |
| 63079A1448/00M003 | Wallonia | 63 m² | 1 · 72 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,365 companies in sector 43110 we hold annual accounts for 635. 445 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
Founded06-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43110Demolition
43230Insulation installation
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.