DF&M
ActiveSummary
The computed 12-month bankruptcy probability of DF&M is 4.1% (elevated). The 2025 annual accounts show equity of €12k and a net result of €-530. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 74% of 13417 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+4
Solvency83▼-15
Growth52=
Track record100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.61 against 2.52 in 2024; short-term debt: 41.7% and cash: 40.2% of total assets), and 41.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
58.3%
Return on assets
-2.7%
Age of the figures
9 mo
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 18-03-2026, 135 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
135 d early
2024
155 d early
2023
46 d early
2022
49 d early
2021
37 d early
2020
47 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, micro schema
Equity
€12k▼ 4.4%
2024 · €12k
2020: €8klowest in 6 years
2021: €12k▲ +53.3% vs 2020
2022: €13k▲ +10.1% vs 2021
2023: €13k▲ +0.1% vs 2022highest in 6 years
2024: €12k▼ -8.1% vs 2023
2025: €12k▼ -4.4% vs 2024
2020 → 2025
Total assets
€20k▲ 20.1%
2024 · €17k
2020: €18k
2021: €15k▼ -13.9% vs 2020
2022: €21k▲ +36.7% vs 2021highest in 6 years
2023: €15k▼ -29.4% vs 2022lowest in 6 years
2024: €17k▲ +13.4% vs 2023
2025: €20k▲ +20.1% vs 2024
2020 → 2025
Net result
€-530▲ 50.5%
2024 · €-1k
2020: €3k
2021: €4k▲ +47.5% vs 2020highest in 6 years
2022: €1k▼ -70.9% vs 2021
2023: €17▼ -98.6% vs 2022
2024: €-1k▼ -6395% vs 2023lowest in 6 years
2025: €-530▲ +50.5% vs 2024
2020 → 2025
Working capital
€5k▼ 24.3%
2024 · €7k
2020: €8k
2021: €10k▲ +33.5% vs 2020highest in 6 years
2022: €9k▼ -18.2% vs 2021
2023: €10k▲ +17.6% vs 2022
2024: €7k▼ -33.1% vs 2023
2025: €5k▼ -24.3% vs 2024lowest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€13k▲ 10.1%€13k▲ 0.1%€12k▼ 8.1%€12k▼ 4.4%
2021: €12k
2022: €13k▲ +10.1% vs 2021
2023: €13k▲ +0.1% vs 2022highest in 5 years
2024: €12k▼ -8.1% vs 2023
2025: €12k▼ -4.4% vs 2024lowest in 5 years
Operating result€5k-€2k▼ 64.5%€431▼ 75.7%€-960€-393▲ 59.1%
2021: €5khighest in 5 years
2022: €2k▼ -64.5% vs 2021
2023: €431▼ -75.7% vs 2022
2024: €-960▼ -323% vs 2023lowest in 5 years
2025: €-393▲ +59.1% vs 2024
Net result€4k-€1k▼ 70.9%€17▼ 98.6%€-1k€-530▲ 50.5%
2021: €4khighest in 5 years
2022: €1k▼ -70.9% vs 2021
2023: €17▼ -98.6% vs 2022
2024: €-1k▼ -6395% vs 2023lowest in 5 years
2025: €-530▲ +50.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €393 in 2025 against €960 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20k
Fixed assets
€7k ▲ 20.3%
Current assets
€13k ▲ 20.0%
Equity and liabilities €20k
Equity
€12k ▼ 4.4%
Debt
€8k ▲ 87.1%
Debt's share of the balance-sheet total rises from 26.7% to 41.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▲
2024 · €1k
Cash flow
€2k▲
2024 · €994
Current ratio
1.61▼
2024 · 2.52
Quick ratio
1.33▼
2024 · 2.52
Debt to equity
0.71▲
2024 · 0.37
ROE
-4.6%▲
2024 · -8.8%
ROA
-2.7%▲
2024 · -6.4%
Interest coverage
28.43▲
2024 · 11.67
Debt ≤ 1 year
€8k▲
2024 · €4k
Income taxes
€68▲
2024 · €15
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€17k€20k▲
Fixed assets21/28€5k€7k▲
Tangible fixed assets22/27€5k€7k▲
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€2k€1k▼
Current assets29/58€11k€13k▲
Stocks and contracts in progress3-€2k
Stocks30/36-€2k
Amounts receivable within one year40/41€5k€3k▼
Trade receivables40€5k€3k▼
Other amounts receivable41€432-
Cash at bank and in hand54/58€6k€8k▲
Equity and liabilities
Total equity and liabilities10/49€17k€20k▲
Equity10/15€12k€12k▼
Contributions10/11€5k€5k=
Reserves13€7k€7k▼
Distributable reserves133€7k€7k▼
Amounts payable17/49€4k€8k▲
Amounts payable within one year42/48€4k€8k▲
Trade debts44€66€45▼
Suppliers440/4€66€45▼
Taxes, remuneration and social security45€15€68▲
Taxes450/3€15€68▲
Other amounts payable47/48€4k€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€567€1k▲
Gross operating margin9900€2k€3k▲
Operating profit (loss)9901€-960€-393▲
Financial charges65/66B€95€68▼
Recurring financial charges65€95€68▼
Profit (loss) for the period before taxes9903€-1k€-461▲
Income taxes67/77€15€68▲
Profit (loss) for the period9904€-1k€-530▲
Profit (loss) for the period to be appropriated9905€-1k€-530▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-530▲
Transfer from equity791/2€1k€530▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €492 | €940 | €1k | €2k | €2k | ▲ 13.1% |
| Other operating charges640/8 | €1k | €507 | €647 | €567 | €1k | ▲ 91.1% |
| Gross operating margin9900 | €7k | €3k | €3k | €2k | €3k | ▲ 81.0% |
| Operating profit (loss)9901 | €5k | €2k | €431 | €-960 | €-393 | ▲ 59.1% |
| Financial income75/76B | - | €2 | - | - | - | - |
| Recurring financial income75 | - | €2 | - | - | - | - |
| Financial charges65/66B | - | €133 | €73 | €95 | €68 | ▼ 27.8% |
| Recurring financial charges65 | - | €133 | €73 | €95 | €68 | ▼ 27.8% |
| Profit (loss) for the period before taxes9903 | €5k | €2k | €358 | €-1k | €-461 | ▲ 56.3% |
| Income taxes67/77 | €814 | €423 | €341 | €15 | €68 | ▲ 362% |
| Profit (loss) for the period9904 | €4k | €1k | €17 | €-1k | €-530 | ▲ 50.5% |
| Profit (loss) for the period to be appropriated9905 | €4k | €1k | €17 | €-1k | €-530 | ▲ 50.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15k | €21k | €15k | €17k | €20k | ▲ 20.1% |
| Fixed assets21/28 | €2k | €5k | €3k | €5k | €7k | ▲ 20.3% |
| Tangible fixed assets22/27 | €2k | €5k | €3k | €5k | €7k | ▲ 20.3% |
| Plant, machinery and equipment23 | - | €3k | €2k | €3k | €5k | ▲ 65.4% |
| Furniture and vehicles24 | €2k | €2k | €1k | €2k | €1k | ▼ 39.7% |
| Current assets29/58 | €14k | €16k | €11k | €11k | €13k | ▲ 20.0% |
| Stocks and contracts in progress3 | - | - | - | - | €2k | - |
| Stocks30/36 | - | - | - | - | €2k | - |
| Amounts receivable within one year40/41 | €3k | €6k | €3k | €5k | €3k | ▼ 40.7% |
| Trade receivables40 | €3k | €6k | €3k | €5k | €3k | ▼ 35.2% |
| Other amounts receivable41 | €644 | €162 | €61 | €432 | - | - |
| Cash at bank and in hand54/58 | €10k | €10k | €8k | €6k | €8k | ▲ 32.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15k | €21k | €15k | €17k | €20k | ▲ 20.1% |
| Equity10/15 | €12k | €13k | €13k | €12k | €12k | ▼ 4.4% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Reserves13 | €7k | €8k | €8k | €7k | €7k | ▼ 7.4% |
| Distributable reserves133 | €7k | €8k | €8k | €7k | €7k | ▼ 7.4% |
| Amounts payable17/49 | €3k | €8k | €1k | €4k | €8k | ▲ 87.1% |
| Amounts payable within one year42/48 | €3k | €8k | €1k | €4k | €8k | ▲ 87.1% |
| Trade debts44 | €205 | €1k | - | €66 | €45 | ▼ 31.4% |
| Suppliers440/4 | €205 | €1k | - | €66 | €45 | ▼ 31.4% |
| Taxes, remuneration and social security45 | €2k | €1k | €1k | €15 | €68 | ▲ 362% |
| Taxes450/3 | €2k | €1k | €1k | €15 | €68 | ▲ 362% |
| Other amounts payable47/48 | €1k | €5k | €97 | €4k | €8k | ▲ 87.9% |
| Accrued charges and deferred income492/3 | €22 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €1k | €17 | €-1k | €-530 | ▲ 50.5% |
| + Depreciation and write-downs630 | €492 | €940 | €1k | €2k | €2k | ▲ 13.1% |
| Operating cash flow (approximation) | €5k | €2k | €2k | €994 | €2k | ▲ 81.5% |
| Investment in fixed assets (approximation) | - | €-4k | €0 | €-4k | €-3k | ▲ 20.5% |
| Change in cash | - | €-490 | €-2k | €-2k | €2k | ▲ 202% |
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
18-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 8.15
Current ratio from 2.14 to 8.15; short-term debt falls from €8k to €1k.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €4k ▲47.5%
Operating result €5k, net result €4k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.33
Current ratio from 1.80 to 4.33; short-term debt falls from €10k to €3k.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro 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, Kasterlee · 1 establishment unit since 2019
Ground area
1,168 m²
Building footprint
222 m²
Parcel 13018D0221/00R007, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DF&M
since 20192.295.776.697
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13018D0221/00R007 | Flanders | 1,168 m² | 1 · 222 m² | - |
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.
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 7,250 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
Founded21-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.