DBMG
ActiveSummary
The computed 12-month bankruptcy probability of DBMG is 5.3% (elevated). For DBMG, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€41,254) and a net result of €15,544. Equity is growing by about 5.3% per year across the filed financial years. Its solvency ranks better than 6% of 37,592 sector peers (NACE 70, financial year 2024). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Business and other management consultancy
NACE 70200
1 site
Size
≈ €180,000turnover 2024, estimated
- Staff
- ≈ 0 FTE, estimated
- Equity
- -€41,254
- Profit
- €15,544
Turnover estimated from the gross margin
Financial health
- Bankruptcy probabilitywithin 12 months
- 5.3%
2024 figures too old to score
Structure
2025 accounts not filed, 271 days past the deadline1 of 4 deeds summarised
Signalsraises risk1 financial year not filed after the legal deadline; last filed accounts filed 320 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 18-12-2025)Size: total assets €119,272Annual accounts not filed2024 accounts filed 319 days latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Weak
Solvency
0=
equity -34.6% of total assets
Liquidity
11-1
short-term debt 130.2% · cash 8.6%
Profitability
85+12
return on assets 13.0%
Bankruptcy probability, 12 months
5.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 8.6%highest value
12-2024: 5.1%▼ -3.5 percentage points vs 11-2024
01-2025: 5.1%● unchanged vs 12-2024
02-2025: 7.1%▲ +2.0 percentage points vs 01-2025
03-2025: 2.3%▼ -4.8 percentage points vs 02-2025
04-2025: 2.4%▲ +0.1 percentage points vs 03-2025
05-2025: 2.3%▼ -0.1 percentage points vs 04-2025
06-2025: 2.8%▲ +0.5 percentage points vs 05-2025
07-2025: 4.7%▲ +1.9 percentage points vs 06-2025
08-2025: 4.7%● unchanged vs 07-2025
09-2025: 4.9%▲ +0.2 percentage points vs 08-2025
10-2025: 4.5%▼ -0.4 percentage points vs 09-2025
11-2025: 4.5%● unchanged vs 10-2025
12-2025: 4.5%● unchanged vs 11-2025
01-2026: 2.1%▼ -2.4 percentage points vs 12-2025lowest value
02-2026: 2.5%▲ +0.4 percentage points vs 01-2026
03-2026: 2.6%▲ +0.1 percentage points vs 02-2026
04-2026: 2.7%▲ +0.1 percentage points vs 03-2026
05-2026: 2.6%▼ -0.1 percentage points vs 04-2026
06-2026: 3.2%▲ +0.6 percentage points vs 05-2026
07-2026: 5.5%▲ +2.3 percentage points vs 06-2026
08-2026: 5.5%● unchanged vs 07-2026
09-2026: 5.8%▲ +0.3 percentage points vs 08-2026
10-2026: 5.3%▼ -0.5 percentage points vs 09-2026
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Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 271 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 year end31-01-2026 deadline29-10-2026 today
raises risk · 2024 accounts filed 319 days late
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 16-12-2025, 319 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
319 days late
2023
392 days late
2022
661 days late
2021
549 days late
2020
18 days late
2019
3 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 324 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Annual accounts filedfinancial year 2022 · micro…
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 January 2026 Financial year closed on 30 June 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 29 October 2026.
Turnover
≈ €180,000
Estimated: probably between €140,000 and €230,000
Total assets
€119,272▼ 24.4%
2023 · €157,741
Net result
€15,544▼ 29.6%
2023 · €22,090
Working capital
-€53,905▼ 22.1%
2023 · -€44,156
Trend over the years
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result falls in 2024; 2024 is 25% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€28,351
2024
Net result€15,544
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€119,272
2024
Equity-€41,254
2024
Debt€160,526
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€53,905
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)13.0%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency-34.6%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.65
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)0.3
2022
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Operating result€20,910-€20,099▼ 3.9%-€48,858-€11,607▲ 76.2%€38,015€28,351▼ 25.4%
Net result€24,663-€17,863within the sector's middle half▼ 27.6%-€50,390below the sector's middle half€9,928within the sector's middle half€22,090within the sector's middle half▲ 123%€15,544within the sector's middle half▼ 29.6%
Equity-€56,289--€38,426below the sector's middle half▲ 31.7%-€88,816below the sector's middle half▼ 131%-€78,888below the sector's middle half▲ 11.2%-€56,798below the sector's middle half▲ 28.0%-€41,254below the sector's middle half▲ 27.4%
Total assets€155,453-€228,634within the sector's middle half▲ 47.1%€157,922within the sector's middle half▼ 30.9%€105,206within the sector's middle half▼ 33.4%€157,741within the sector's middle half▲ 49.9%€119,272within the sector's middle half▼ 24.4%
Debt€211,742-€267,060▲ 26.1%€246,738▼ 7.6%€184,094▼ 25.4%€214,539▲ 16.5%€160,526▼ 25.2%
Working capital-€56,618--€11,387below the sector's middle half▲ 79.9%-€56,257below the sector's middle half▼ 394%-€54,611below the sector's middle half▲ 2.9%-€44,156below the sector's middle half▲ 19.1%-€53,905below the sector's middle half▼ 22.1%
Solvency-36.2%--16.8%below the sector's middle half▲ 19.4pp-56.2%below the sector's middle half▼ 39.4pp-75.0%below the sector's middle half▼ 18.7pp-36.0%below the sector's middle half▲ 39.0pp-34.6%below the sector's middle half▲ 1.4pp
Current ratio0.73-0.95below the sector's middle half▲ 0.220.74below the sector's middle half▼ 0.220.66below the sector's middle half▼ 0.080.78below the sector's middle half▲ 0.120.65below the sector's middle half▼ 0.13
Return on assets (ROA)15.9%-7.8%within the sector's middle half▼ 8.1pp-31.9%below the sector's middle half▼ 39.7pp9.4%within the sector's middle half▲ 41.3pp14.0%within the sector's middle half▲ 4.6pp13.0%within the sector's middle half▼ 1.0pp
Staff (FTE)1-1.8within the sector's middle half▲ 80.0%1.4▼ 22.2%0.3▼ 78.6%
above
within
below
the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €119,272
Fixed assets
€17,896 ▲ 997%
Current assets
€101,376 ▼ 35.1%
Equity and liabilities
Equity-€41,254
Debt€160,526
Equity is negative: debt (€160,526) exceeds the balance-sheet total (€119,272).
Key figures and ratios
EBITDA
€36,587
Cash flow
€23,780
Quick ratio
0.54▼
2023 · 0.68
Interest coverage
6.49
Debt ≤ 1 year
€155,281▼
2023 · €200,265
Debt > 1 year
€3,836▼
2023 · €12,950
Income taxes
€7,594▼
2023 · €15,927
Staff costs
€317▲
2023 · €7
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €19,901 | €1,202 | €7 | €317 | ▲ 45× |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €883 | €883 | €506 | - | - | €8,236 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €1,324 | €751 | - | €49,007 | - |
| Other operating charges640/8 | - | - | €2,812 | €17,840 | €2,435 | €2,028 | ▼ 16.7% |
| Gross operating margin9900 | €54,454 | €44,806 | -€24,315 | €8,186 | €40,457 | €87,939 | ▲ 117% |
| Operating profit (loss)9901 | €20,910 | €20,099 | -€48,858 | -€11,607 | €38,015 | €28,351 | ▼ 25.4% |
| Financial income75/76B | - | - | €1,239 | €120,394 | €3,605 | €424 | ▼ 88.2% |
| Recurring financial income75 | €6,095 | €1,389 | €1,239 | €229 | €3,605 | €424 | ▼ 88.2% |
| Non-recurring financial income76B | - | - | - | €120,165 | - | - | - |
| Financial charges65/66B | - | - | €2,643 | €98,687 | €3,603 | €5,637 | ▲ 56.5% |
| Recurring financial charges65 | €2,289 | €3,508 | €2,643 | €3,559 | €3,603 | €5,637 | ▲ 56.5% |
| Non-recurring financial charges66B | - | - | - | €95,128 | - | - | - |
| Profit (loss) for the period before taxes9903 | €24,716 | €17,980 | -€50,262 | €10,100 | €38,017 | €23,138 | ▼ 39.1% |
| Income taxes67/77 | €53 | €117 | €128 | €172 | €15,927 | €7,594 | ▼ 52.3% |
| Profit (loss) for the period9904 | €24,663 | €17,863 | -€50,390 | €9,928 | €22,090 | €15,544 | ▼ 29.6% |
| Profit (loss) for the period to be appropriated9905 | €24,663 | €17,863 | -€50,390 | €9,928 | €22,090 | €15,544 | ▼ 29.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €155,453 | €228,634 | €157,922 | €105,206 | €157,741 | €119,272 | ▼ 24.4% |
| Fixed assets21/28 | €1,390 | €506 | - | - | €1,632 | €17,896 | ▲ 997% |
| Intangible fixed assets21 | €1,013 | €506 | - | - | - | €3,839 | - |
| Tangible fixed assets22/27 | €377 | - | - | - | - | €12,425 | - |
| Plant, machinery and equipment23 | - | - | - | - | - | €5,521 | - |
| Furniture and vehicles24 | - | - | - | - | - | €6,904 | - |
| Financial fixed assets28 | - | - | - | - | €1,632 | €1,632 | = |
| Current assets29/58 | €154,063 | €228,128 | €157,922 | €105,206 | €156,109 | €101,376 | ▼ 35.1% |
| Stocks and contracts in progress3 | €78,593 | €68,823 | €103,728 | €21,028 | €20,689 | €17,247 | ▼ 16.6% |
| Stocks30/36 | - | - | €103,728 | €21,028 | €20,689 | €17,247 | ▼ 16.6% |
| Amounts receivable within one year40/41 | €65,564 | €142,707 | €49,679 | €81,276 | €120,024 | €72,366 | ▼ 39.7% |
| Trade receivables40 | - | - | €49,670 | €81,276 | €118,135 | €70,776 | ▼ 40.1% |
| Other amounts receivable41 | - | - | €9 | - | €1,889 | €1,590 | ▼ 15.8% |
| Cash at bank and in hand54/58 | €8,859 | €15,523 | €4,090 | €2,262 | €14,733 | €10,202 | ▼ 30.8% |
| Deferred charges and accrued income490/1 | - | - | €425 | €640 | €663 | €1,561 | ▲ 135% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €155,453 | €228,634 | €157,922 | €105,206 | €157,741 | €119,272 | ▼ 24.4% |
| Equity10/15 | -€56,289 | -€38,426 | -€88,816 | -€78,888 | -€56,798 | -€41,254 | ▲ 27.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | €18,600 | €18,600 | - | - | - |
| Issued capital100 | - | - | €18,600 | €18,600 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | - | - | - | - |
| Non-distributable reserves130/1 | - | - | €1,860 | - | - | - | - |
| Legal reserve130 | - | - | €1,860 | - | - | - | - |
| Profit (loss) carried forward14 | -€76,749 | -€58,886 | -€109,276 | -€97,488 | -€75,398 | -€59,854 | ▲ 20.6% |
| Amounts payable17/49 | €211,742 | €267,060 | €246,738 | €184,094 | €214,539 | €160,526 | ▼ 25.2% |
| Amounts payable after more than one year17 | - | €27,085 | €30,949 | €21,987 | €12,950 | €3,836 | ▼ 70.4% |
| Financial debts170/4 | - | - | €30,949 | €21,987 | €12,950 | €3,836 | ▼ 70.4% |
| Amounts payable within one year42/48 | €210,681 | €239,515 | €214,179 | €159,817 | €200,265 | €155,281 | ▼ 22.5% |
| Current portion of amounts payable after more than one year42 | - | - | €8,886 | €9,711 | €10,537 | €10,614 | ▲ 0.7% |
| Financial debts43 | - | - | €18,000 | €5,000 | €22,000 | - | - |
| Credit institutions430/8 | - | - | €18,000 | €5,000 | €22,000 | - | - |
| Trade debts44 | €18,672 | €26,151 | €23,072 | €22,733 | €27,592 | €22,824 | ▼ 17.3% |
| Suppliers440/4 | - | - | €20,463 | €11,954 | €27,592 | €8,397 | ▼ 69.6% |
| Bills of exchange payable441 | - | - | €2,609 | €10,779 | - | €14,427 | - |
| Advances received on contracts in progress46 | - | - | €2,000 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | €10,759 | €6,625 | €17,966 | €45,107 | ▲ 151% |
| Taxes450/3 | - | - | €9,800 | €6,625 | €17,966 | €45,107 | ▲ 151% |
| Remuneration and social security454/9 | - | - | €959 | - | - | - | - |
| Other amounts payable47/48 | - | - | €151,462 | €115,748 | €122,170 | €76,736 | ▼ 37.2% |
| Accrued charges and deferred income492/3 | - | - | €1,610 | €2,290 | €1,324 | €1,409 | ▲ 6.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,663 | €17,863 | -€50,390 | €9,928 | €22,090 | €15,544 | ▼ 29.6% |
| + Depreciation and write-downs630 | €883 | €883 | €506 | - | - | €8,236 | - |
| Operating cash flow (approximation) | €25,546 | €18,746 | -€49,884 | €9,928 | €22,090 | €23,780 | ▲ 7.7% |
| Investment in fixed assets (approximation) | - | €1 | - | - | - | -€24,500 | - |
| Change in cash | - | €6,664 | -€11,433 | -€1,828 | €12,471 | -€4,531 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2024 | micro format | 16-12-2025 | 2025-00584277 |
| 30-06-2023 | micro format | 26-02-2025 | 2025-00040510 |
| 30-06-2022 | micro format | 22-11-2024 | 2024-00603794 |
| 30-06-2021 | micro format | 03-08-2023 | 2023-00321433 |
| 30-06-2020 | micro format | 18-02-2021 | 2021-05800006 |
| 30-06-2019 | micro format | 03-02-2020 | 2020-04400312 |
| 30-06-2018 | micro format | 14-02-2019 | 2019-05100131 |
| 30-06-2017 | micro format | 16-02-2018 | 2018-05100229 |
| 30-06-2016 | full format | 02-02-2017 | 2017-03900112 |
| 30-06-2015 | full format | 29-02-2016 | 2016-05800013 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 82,475 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,494. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
no sitting director read yet, last change in 2023
No directors read yet: 1 of 4 Gazette acts processed. See the directors and other office holders in the KBO →
Mandate history
1 person since 2023, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Frédéric BOULLE |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2025
16-12
NBB filing
Annual accounts filed
financial year 2024 · micro format · 319 days late
26-02
NBB filing
Annual accounts filed
financial year 2023 · micro format · 392 days late
2024
22-11
NBB filing
Annual accounts filed
financial year 2022 · micro format · 661 days late
2023
16-10
Gazette deed
Resignation: Frédéric BOULLE (director)Director discharge3 facts ▸
Gazette deed
Resignation: Frédéric BOULLE (director)
Director discharge3 facts ▸
- General meeting, 31-03-2023
- Director resignation, Frédéric BOULLE (director)
- Director discharge, Frédéric BOULLE (director)
03-08
NBB filing
Annual accounts filed
financial year 2021 · micro format · 549 days late
2022
30-06
Financial
Back to profitnet €9,928
Net result €9,928 after one loss-making year.
2021
30-06
Financial
Weakest financial yearnet -€50,390
Net result drops to -€50,390, the lowest in the series; recovery starts the following year.
18-02
NBB filing
Annual accounts filed
financial year 2020 · micro format · 18 days late
2020
03-02
NBB filing
Annual accounts filed
financial year 2019 · micro format · 3 days late
2019
14-02
NBB filing
Annual accounts filed
financial year 2018 · micro format · 14 days late
2018
16-02
NBB filing
Annual accounts filed
financial year 2017 · micro format · 16 days late
2017
02-02
NBB filing
Annual accounts filed
financial year 2016 · full format · 2 days late
2016
29-02
NBB filing
Annual accounts filed
financial year 2015 · full format · 29 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
1 of 4 deeds read
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded01-09-2008
Financial year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0806067228
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Sprimont · 1 establishment unit since 2008
Ground area
4.2 ha
Building footprint
557 m²
2 parcels, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DBMG
since 2008unit no. 2.173.672.010
2 parcels
Wallonia
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62023B0133/00D002 | Wallonia | 2.8 ha | 1 · 324 m² | - |
| 62100L0829/00N002 | Wallonia | 1.4 ha | 1 · 234 m² | - |
How the parcels are linked
Good to know
Both parcels match the address exactly.