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Dermalux

Active
Private limited companyfounded 2023active for 3 yearsPlace de l'Eglise 27-29, 4720 Kelmis, BelgiumKBO/BCE: BE 0797.625.852
Summary

Dermalux has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,000 and a net result of €100,510. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 7% of 20,659 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Specialist medical practice
NACE 86220
1 site
Size
≈ €240,000turnover 2025, estimated
Equity
€5,000
Profit
€100,510
Turnover estimated from the gross margin
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 25 days early
Why 91raises riskEquity €5,000 (2.6% of total assets)lowers riskSector: Human health activities (NACE 86)Liquidity: current ratio 1.00, cash €85,791Size: total assets €191,033Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 28% of its sector peers (NACE 86, micro)
Financial strength · tick = 2024
Average
Solvency 28-28
equity 2.6% of total assets
Liquidity 50-13
short-term debt 97.4% · cash 44.9%
Profitability 100=
return on assets 52.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (24,153 companies, NACE 86, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 86, micro): better than 8% on solvency, 20% on liquidity, 80% on profitability and 5% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
lowers risk · Liquidity: current ratio 1.00, cash €85,791
NBB · annual accounts
raises risk · Equity €5,000 (2.6% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €191,033
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 20659 sector peers (2025).
NBB · sector comparison
Position among 20659 sector peers
Solvency
better than 7%
← weakest strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
25 days early
2024
28 days early
2023
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 29 days before the deadline; the sector median (NACE 86) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2023 to 2025net €100,510 ▲1.3%
  3. Annual accounts filedfinancial year 2024 · unclassified…

Financials · financial year 2025, micro format

Turnover
≈ €240,000
Estimated: probably between €200,000 and €320,000
EBIT margin
Not included in this filing
Net result
€100,510▲ 1.3%
2024 · €99,237
Working capital
-€868
2024 · €54,237
Trend over the years

2023 to 2025, 3 financial years

The operating result has risen two years in a row; 2025 is 1% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€127,460 2025 Net result€100,510 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 86, Human health 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).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€92,928-€126,108▲ 35.7%€127,460▲ 1.1%
Net result€74,282-€99,237▲ 33.6%€100,510within the sector's middle half▲ 1.3%
Equity€5,000-€54,237▲ 985%€5,000below the sector's middle half▼ 90.8%
Total assets€109,005-€175,760▲ 61.2%€191,033within the sector's middle half▲ 8.7%
Debt€104,005-€121,524▲ 16.8%€186,033▲ 53.1%
Working capital€5,000-€54,237▲ 985%-€868below the sector's middle half
Solvency4.6%-30.9%▲ 26.3pp2.6%below the sector's middle half▼ 28.2pp
Current ratio1.05-1.45▲ 0.401.00below the sector's middle half▼ 0.45
Return on assets (ROA)68.1%-56.5%▼ 11.7pp52.6%above the sector's middle half▼ 3.8pp
above within below the middle half of NACE 86, Human health 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.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €191,033
Fixed assets €5,868
Current assets €185,165
Equity and liabilities €191,033
Equity €5,000 ▼ 90.8%
Debt €186,033 ▲ 53.1%
Debt's share of the balance-sheet total rises from 69.1% to 97.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€127,589
Cash flow
€100,639
Debt to equity
37.21▲
2024 · 2.24
Interest coverage
over 100
Debt ≤ 1 year
€186,033▲
2024 · €121,524
Income taxes
€26,875▲
2024 · €26,797
A ratio outside any meaningful range has been withheld (balance sheet total €191,033, equity €5,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94.1% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
3.0% went bankrupt
2.8% stopped otherwise
94.1% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,157 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€175,760€191,033▲
Fixed assets21/28-€5,868
Tangible fixed assets22/27-€5,868
Furniture and vehicles24-€5,868
Current assets29/58€175,760€185,165▲
Amounts receivable within one year40/41€102,714€98,998▼
Trade receivables40€102,714€98,998▼
Cash at bank and in hand54/58€72,671€85,791▲
Deferred charges and accrued income490/1€376€376=
Equity and liabilities
Total equity and liabilities10/49€175,760€191,033▲
Equity10/15€54,237€5,000▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€49,237-
Amounts payable17/49€121,524€186,033▲
Amounts payable within one year42/48€121,524€186,033▲
Trade debts44€34,082€33,568▼
Suppliers440/4€34,082€33,568▼
Advances received on contracts in progress46€5,000-
Taxes, remuneration and social security45€38,525€65,012▲
Taxes450/3€38,525€65,012▲
Other amounts payable47/48€43,917€87,453▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€129
Gross operating margin9900€126,108€127,589▲
Operating profit (loss)9901€126,108€127,460▲
Financial charges65/66B€74€75▲
Recurring financial charges65€74€75▲
Profit (loss) for the period before taxes9903€126,034€127,385▲
Income taxes67/77€26,797€26,875▲
Profit (loss) for the period9904€99,237€100,510▲
Profit (loss) for the period to be appropriated9905€99,237€100,510▲
Appropriation of the result
Profit (loss) to be appropriated9906€99,237€149,747▲
Profit (loss) brought forward from the previous period14P-€49,237
Profit to be distributed694/7€50,000€149,747▲
Return on contributions (dividend)694€50,000€149,747▲

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

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€129-
Other operating charges640/8€198---
Gross operating margin9900€93,126€126,108€127,589▲ 1.2%
Operating profit (loss)9901€92,928€126,108€127,460▲ 1.1%
Financial charges65/66B€75€74€75▲ 2.0%
Recurring financial charges65€75€74€75▲ 2.0%
Profit (loss) for the period before taxes9903€92,853€126,034€127,385▲ 1.1%
Income taxes67/77€18,571€26,797€26,875▲ 0.3%
Profit (loss) for the period9904€74,282€99,237€100,510▲ 1.3%
Profit (loss) for the period to be appropriated9905€74,282€99,237€100,510▲ 1.3%
Line202320242025Change
Assets
Total assets20/58€109,005€175,760€191,033▲ 8.7%
Fixed assets21/28--€5,868-
Tangible fixed assets22/27--€5,868-
Furniture and vehicles24--€5,868-
Current assets29/58€109,005€175,760€185,165▲ 5.4%
Amounts receivable within one year40/41€71,731€102,714€98,998▼ 3.6%
Trade receivables40€9,245€102,714€98,998▼ 3.6%
Other amounts receivable41€62,486---
Cash at bank and in hand54/58€36,438€72,671€85,791▲ 18.1%
Deferred charges and accrued income490/1€836€376€376=
Equity and liabilities
Total equity and liabilities10/49€109,005€175,760€191,033▲ 8.7%
Equity10/15€5,000€54,237€5,000▼ 90.8%
Contributions10/11€5,000€5,000€5,000=
Profit (loss) carried forward14-€49,237--
Amounts payable17/49€104,005€121,524€186,033▲ 53.1%
Amounts payable within one year42/48€104,005€121,524€186,033▲ 53.1%
Trade debts44€3,533€34,082€33,568▼ 1.5%
Suppliers440/4€3,533€34,082€33,568▼ 1.5%
Advances received on contracts in progress46-€5,000--
Taxes, remuneration and social security45€31,294€38,525€65,012▲ 68.8%
Taxes450/3€31,294€38,525€65,012▲ 68.8%
Other amounts payable47/48€69,177€43,917€87,453▲ 99.1%
Line202320242025Change
Profit (loss) for the period9904€74,282€99,237€100,510▲ 1.3%
+ Depreciation and write-downs630--€129-
Operating cash flow (approximation)€74,282€99,237€100,639▲ 1.4%
Change in cash-€36,232€13,120▼ 63.8%

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

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 06-07-2026 2026-00254707
31-12-2024 unclassified schema 03-07-2025 2025-00223134
31-12-2023 unclassified schema 27-06-2024 2024-00169306

Similar companies · same sector, comparable size

Of the 16,577 active companies whose main activity is specialist medical practice (NACE 86220), figures are known for 8,127. 1,602 are within a factor 10 of this equity. These 5 are the closest to it. 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
1 director, no change since 2023
Meike FÖRSTER
Nicht satzungsgemäßer verwalter · since 27-01-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Meike FÖRSTER
  • Nicht satzungsgemäßer verwalter, from 27-01-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 27-01-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 27-01-2023 Incorporation · €5,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Dermalux was incorporated on 25 January 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office was moved to Kelmis in 2023.3 Since 2023, Meike FÖRSTER has served as nicht satzungsgemäßer verwalter of the company.2 Total assets rose from €109,005 in 2023 to €191,033 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-01-2023
  3. 3Belgian Official Gazette, 19-12-2023
  4. 4National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
06-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2023 to 2025net €100,510 ▲1.3%
Operating result €127,460, net result €100,510, both a record.
03-07
NBB filing Annual accounts filed
financial year 2024 · unclassified schema
2024
27-06
NBB filing Annual accounts filed
financial year 2023 · unclassified schema
2023
19-12
Gazette deed Gesellschaftssitz
Registered-office move · Director in office3 facts ▸
  • Board meeting, 01-12-2023
  • Registered-office move, Kirchplatz 27-29 in 4720 Kelmis
  • Director in office, Meike Förster (verwalterin)
27-01
Gazette deed Incorporation
Appointment: Meike FÖRSTER (nicht satzungsgemäßer verwalter) · Founder · Founding capital8 facts ▸
  • Incorporation, 23-01-2023
  • Founder, Meike FÖRSTER
  • Founding capital, €5,000
  • Other provision, “Finanzplan, Haftung bei Konkurs innerhalb 3 Jahren bei offensichtlich unzureichendem Kapital” (deed in German)
  • Other provision, “Eigenkapitalausreichung, als verfügbar verbucht” (deed in German)
  • Registered office clause, “Loten 3,4700 Eupen” (deed in German)
  • Board rule, 1, “Generalversammlung” (deed in German)
  • Director appointment, Meike FÖRSTER (nicht satzungsgemäßer verwalter)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded25-01-2023
Financial year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797625852
Also 9925:BE0797625852
Registered 10-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 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, Kelmis · 1 establishment unit since 2023
registered office establishment approximate The establishment unit on the map
Ground area
2,701 m²
Parcel 63040A0034/03_000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Dermalux
Place de l'Eglise 27-29, 4720 KelmisSpecialist medical practice
since 2023unit no. 2.340.842.503
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
63040A0034/03_000 Wallonia 2,701 m² - -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Die Gesellschaft hat zum Gegenstand die Ausübung der Medizin, und insbesondere der Dermatologie, durch den oder die Aktionäre, die sie…” (deed in German)
5 activities (deed in German)
  1. Die Gesellschaft hat zum Gegenstand die Ausübung der Medizin, und insbesondere der Dermatologie, durch den oder die Aktionäre, die sie bilden, welche ausschließlich in der Liste der Ärztekammer eingetragene Ärzte sein müssen.
  2. Die Medizin wird im Namen und für Rechnung der Gesellschaft ausgeübt.
  3. Falls es mehrere Aktionäre gibt, stellen diese die Gesamtheit ihrer medizinischen Tätigkeiten innerhalb der Gesellschaft zur Verfügung.
  4. Die Honorare werden durch und für die Gesellschaft eingezogen.
  5. Im Zusammenhang mit diesem Gegenstand kann die Gesellschaft alle zivilen, mobiliarischen oder immobiliarischen Tätigkeiten ausüben, insbesondere auch den Vertrieb von Nahrungsergänzungsmitteln und die allgemeine Beratung im gewerblichen Umfeld.

The full purpose is in the deed

Name clauseThe name the company operates under according to its articles.
Dermalux
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

deed of 27-01-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Verwaltungsorgan, 1” (deed in German)
“Durch Generalversammlung für Dauer der Gesellschaft” (deed in German)
“Mit Bedingungen für Statutenänderungen an Mehrheit und Anwesenheit, durch Generalversammlung mit einfacher Mehrheit der vertretenen Stimmen” (deed in German)

deed of 27-01-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Namensaktien, Namensaktienbuch” (deed in German)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Einstimmigkeit der teilhabenden Ärzte bei mehreren Aktionären, unteilbar,nur ein Eigentümer pro Titel” (deed in German)

deed of 27-01-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“Durchführung und Einberufung Jährlich wird am vierten Montag des Monats Mai um 19 Uhr eine ordentliche Generalversammlung am Sitz…” (deed in German)

deed of 27-01-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
One provision in the deed
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bereinigung Schulden,Kosten,Liquidationsaufwendungen oder Hinterlegung,Gleichstellung nicht vollständig freigegebener Aktien durch…” (deed in German)

deed of 27-01-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Außerordentliche Generalversammlung, Interesse der Gesellschaft oder Anfrage von Aktionären mit einem Zehntel der Aktien” (deed in German)
Other provision: “Gewinnverteilung, Generalversammlung auf Vorschlag des Verwaltungsorgans” (deed in German)
6 more provisions in the deed, see the deed of 27-01-2023

deed of 27-01-2023