DBM61-Coating

Active

Private limited companyfounded 20179 yrs activeBaeckelmansstraat 131, 2830 Willebroek, BelgiumKBO/BCE: BE 0678.483.821

The annual accounts of DBM61-Coating for fiscal year 2024 show a net loss of 93% of the equity at the start of that year. The 2024 annual accounts show equity of €1k and a net result of €-14k. Its solvency ranks better than 19% of 176 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).

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Checked score

Score 2024

36 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability29▼-58

Solvency25▼-4

Growth32

Track record100

Bankruptcy probability, 12 months

1.3% Low

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity short (current ratio 0.79 against 0.84 in 2023; short-term debt: 75.1% and cash: 0% of total assets), and 99.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 22

Relative position

BE, all sectors

reference

Sector 22

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

0.3%

Return on assets

-4.6%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 176 sector peers (2024).

NBB · sector comparison

Position among 176 sector peers

Solvency

better than 19%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

63 d late

2023

97 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€1k▼ 93.0%

2023 · €15k

2023: €15k

2023 → 2024

Total assets

€293k▼ 10.6%

2023 · €327k

2023: €327k

2023 → 2024

Net result

€-14k

2023 · €72k

2023: €72k

2023 → 2024

Working capital

€-47k▼ 28.7%

2023 · €-36k

2023: €-36k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€15k-€1k▼ 93.0%

Operating result€99k-€8k▼ 91.8%

Net result€72k-€-14k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 92% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €293k

40.9%

59.1%

Fixed assets €120k▼ 15.1%

Current assets €173k▼ 7.3%

Equity and liabilities €293k

99.7%

Equity €1k▼ 93.0%

Debt €292k▼ 6.8%

The debt ratio rises from 95.6% to 99.7%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€42k▼

2023 · €131k

Cash flow

€20k▼

2023 · €104k

Solvency

0.3%▼

2023 · 4.4%

Current ratio

0.79▼

2023 · 0.84

Quick ratio

0.23▼

2023 · 0.39

ROA

-4.6%▼

2023 · 22.1%

Interest coverage

1.93▼

2023 · 4.93

Debt

€292k▼

2023 · €313k

Debt ≤ 1 year

€220k▼

2023 · €223k

Debt > 1 year

€72k▼

2023 · €90k

Staff costs

€311k▼

2023 · €331k

A ratio outside any meaningful range has been withheld (balance sheet total €293k, equity €1k).

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€327k€293k▼

Fixed assets21/28€141k€120k▼

Intangible fixed assets21€256€0▼

Tangible fixed assets22/27€141k€120k▼

Plant, machinery and equipment23€108k€90k▼

Furniture and vehicles24€8k€12k▲

Leasing and similar rights25€20k€13k▼

Other tangible fixed assets26€6k€5k▼

Current assets29/58€186k€173k▼

Stocks and contracts in progress3€99k€123k▲

Stocks30/36€99k€123k▲

Amounts receivable within one year40/41€74k€36k▼

Trade receivables40€74k€36k▼

Other amounts receivable41€0-

Cash at bank and in hand54/58€68€0▼

Deferred charges and accrued income490/1€13k€14k▲

Equity and liabilities

Total equity and liabilities10/49€327k€293k▼

Equity10/15€15k€1k▼

Contributions10/11€1k€1k=

Profit (loss) carried forward14€14k€23▼

Amounts payable17/49€313k€292k▼

Amounts payable after more than one year17€90k€72k▼

Financial debts170/4€90k€72k▼

Amounts payable within one year42/48€223k€220k▼

Current portion of amounts payable after more than one year42€18k€18k▲

Financial debts43€23k€44k▲

Credit institutions430/8€23k€44k▲

Trade debts44€85k€93k▲

Suppliers440/4€85k€93k▲

Taxes, remuneration and social security45€80k€49k▼

Taxes450/3€21k€17k▼

Remuneration and social security454/9€59k€32k▼

Other amounts payable47/48€17k€16k▼

Income statement Code20232024

Remuneration, social security and pensions62€331k€311k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€34k▲

Other operating charges640/8€7k€3k▼

Gross operating margin9900€469k€356k▼

Operating profit (loss)9901€99k€8k▼

Financial income75/76B€208€19▼

Recurring financial income75€208€19▼

Financial charges65/66B€27k€22k▼

Recurring financial charges65€27k€22k▼

Profit (loss) for the period before taxes9903€72k€-14k▼

Profit (loss) for the period9904€72k€-14k▼

Profit (loss) for the period to be appropriated9905€72k€-14k▼

Appropriation of the result

Profit (loss) to be appropriated9906€14k€23▼

Profit (loss) brought forward from the previous period14P€-59k€14k▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

02-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 63 days late

2024

05-11

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 97 days late

NBB filing

Directors · office · real estate

Directors

3 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, Willebroek · 1 establishment unit since 2018

establishment approximate The establishment unit on the map

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.

Baeckelmansstraat 1312830 Willebroek

Ground area

1,130 m²

Building footprint

191 m²

Volume, LiDAR

1,182 m³

Parcel 12036A0467/00M000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

DBM61-Coating

Baeckelmansstraat 131, 2830 WillebroekManufacture of rubber and plastic products

since 20182.272.848.768

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12036A0467/00M000	Flanders	1,130 m²	1 · 191 m²	8.1 m · 2 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.

Similar companies · same sector, comparable size

Of 629 companies in sector 22240 we hold annual accounts for 360. 26 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-07-2017

Fiscal year end31-12

Activities, NACEBEL

22240Manufacture of rubber and plastic products

25510Coating of metals

25610Manufacture of fabricated metal products, except machinery and equipment

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.