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DERMAPATH

Active
Private limited companyfounded 20197 yrs activeRue des Bouveries(MLC) 38, 6567 Merbes-le-Château, BelgiumKBO/BCE: BE 0731.635.465
Summary

The computed 12-month bankruptcy probability of DERMAPATH is 3.7% (moderate). The 2025 annual accounts show negative equity (-€5,241) and a net result of -€1,534. Equity is shrinking by ~44.2% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability37=
Solvency25=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
cash: 0.9% of total assets, and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · 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 2025
Solvency, return and age of the figures
Solvency
-0.5%
Return on assets
-0.1%
Age of the figures
18 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€5,241
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
4 d early
2024
on the day
2023
1 d early
2022
3 d early
2021
40 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 10 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
neutral · 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

History

On 26 July 2019, DERMAPATH was incorporated as a Private limited company.1 Total assets went from EUR 781,814 in 2021 to EUR 1.1 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,534▼ 53.4%
2024 · -€1,000
Working capital
Not included in this filing
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
Operating result-€348--€1,198▼ 245%-€975▲ 18.6%-€896▲ 8.1%-€1,430▼ 59.6%
Net result-€436--€1,277▼ 193%-€1,093▲ 14.4%-€1,000▲ 8.5%-€1,534▼ 53.4%
Equity-€336--€1,613▼ 380%-€2,706▼ 67.8%-€3,707▼ 37.0%-€5,241▼ 41.4%
Total assets€781,814-€1.1m▲ 43.2%€1.1m▼ 0.1%€1.1m▼ 0.4%€1.1m▼ 0.1%
Debt€782,150-€1.1m▲ 43.4%€1.1m=€1.1m▼ 0.3%€1.1m=
Result per fiscal year
Operating resultNet result
-€2,000-€1,500-€1,000-€500€0Operating result 2021: -€348-€348Net result 2021: -€436-€436Operating result 2022: -€1,198-€1,198Net result 2022: -€1,277-€1,277Operating result 2023: -€975-€975Net result 2023: -€1,093-€1,093Operating result 2024: -€896-€896Net result 2024: -€1,000-€1,000Operating result 2025: -€1,430-€1,430Net result 2025: -€1,534-€1,53420212022202320242025-€2,000-€1,500-€1,000-€500€0Operating result 2023: -€975-€975Net result 2023: -€1,093-€1,090Operating result 2024: -€896-€896Net result 2024: -€1,000-€1,000Operating result 2025: -€1,430-€1,430Net result 2025: -€1,534-€1,530202320242025
The operating result stays negative: a loss of €1,430 in 2025 against €896 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €772,000 =
Current assets €340,509 ▼ 0.4%
Key figures and ratios
2025 value · change against 2024
Solvency
-0.5%▼
2024 · -0.3%
ROA
-0.1%▼
2024 · -0.1%
Debt > 1 year
€1.1m=
2024 · €1.1m
A ratio outside any meaningful range has been withheld (balance sheet total €1.1m, equity -€5,241).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.1m▼
Fixed assets21/28€772,000€772,000=
Financial fixed assets28€772,000€772,000=
Current assets29/58€342,043€340,509▼
Amounts receivable within one year40/41€333,538€330,863▼
Trade receivables40€333,538€330,863▼
Cash at bank and in hand54/58€8,505€9,646▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m▼
Equity10/15-€3,707-€5,241▼
Contributions10/11€100€100=
Outside capital11€100€100=
Share premium1100/10€100€100=
Profit (loss) carried forward14-€3,807-€5,341▼
Amounts payable17/49€1.1m€1.1m=
Amounts payable after more than one year17€1.1m€1.1m=
Other amounts payable178/9€1.1m€1.1m=
Income statement Code20242025
Other operating charges640/8€384€968▲
Gross operating margin9900-€512-€463▲
Operating profit (loss)9901-€896-€1,430▼
Financial charges65/66B€104€104=
Recurring financial charges65€104€104=
Profit (loss) for the period before taxes9903-€1,000-€1,534▼
Profit (loss) for the period9904-€1,000-€1,534▼
Profit (loss) for the period to be appropriated9905-€1,000-€1,534▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,807-€5,341▼
Profit (loss) brought forward from the previous period14P-€2,806-€3,807▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€868€348€384€968▲ 152%
Gross operating margin9900--€330-€628-€512-€463▲ 9.6%
Operating profit (loss)9901-€348-€1,198-€975-€896-€1,430▼ 59.6%
Recurring financial income75€45-----
Financial charges65/66B-€79€118€104€104=
Recurring financial charges65€134€79€118€104€104=
Profit (loss) for the period before taxes9903-€436-€1,277-€1,093-€1,000-€1,534▼ 53.4%
Profit (loss) for the period9904-€436-€1,277-€1,093-€1,000-€1,534▼ 53.4%
Profit (loss) for the period to be appropriated9905-€436-€1,277-€1,093-€1,000-€1,534▼ 53.4%
Line20212022202320242025Change
Assets
Total assets20/58€781,814€1.1m€1.1m€1.1m€1.1m▼ 0.1%
Fixed assets21/28€772,000€772,000€772,000€772,000€772,000=
Financial fixed assets28€772,000€772,000€772,000€772,000€772,000=
Current assets29/58€9,814€347,637€346,544€342,043€340,509▼ 0.4%
Amounts receivable within one year40/41-€342,719€341,166€333,538€330,863▼ 0.8%
Trade receivables40-€342,719€341,166€333,538€330,863▼ 0.8%
Cash at bank and in hand54/58€9,814€4,918€5,378€8,505€9,646▲ 13.4%
Equity and liabilities
Total equity and liabilities10/49€781,814€1.1m€1.1m€1.1m€1.1m▼ 0.1%
Equity10/15-€336-€1,613-€2,706-€3,707-€5,241▼ 41.4%
Contributions10/11-€100€100€100€100=
Outside capital11-€100€100€100€100=
Share premium1100/10-€100€100€100€100=
Reserves13€100-----
Profit (loss) carried forward14-€436-€1,713-€2,806-€3,807-€5,341▼ 40.3%
Amounts payable17/49€782,150€1.1m€1.1m€1.1m€1.1m=
Amounts payable after more than one year17€782,150€1.1m€1.1m€1.1m€1.1m=
Other amounts payable178/9-€1.1m€1.1m€1.1m€1.1m=
Line20212022202320242025Change
Profit (loss) for the period9904-€436-€1,277-€1,093-€1,000-€1,534▼ 53.4%
Operating cash flow (approximation)-€436-€1,277-€1,093-€1,000-€1,534▼ 53.4%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€4,895€460€3,127€1,141▼ 63.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
27-10
NBB filing Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial Weakest financial yearnet -€1,534
Net result drops to -€1,534, the lowest in the series.
2024
31-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2022
28-10
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2021
21-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Merbes-le-Château · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
4,532 m²
Building footprint
314 m²
Volume, LiDAR
1,823 m³
Parcel 56049C0600/00_000, Wallonia · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Bouveries(MLC) 38, 6567 Merbes-le-Château
Holdings
since 20192.294.463.338
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
56049C0600/00_000 Wallonia 4,532 m² 1 · 314 m² 9.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded26-07-2019
Fiscal year end31-03
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.