DFM - DOUBLE YOU
Open bankruptcyA bankruptcy procedure is open for DFM - DOUBLE YOU according to publications in the Belgian State Gazette.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 22-09-2021, 53 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
53 d late
2019
107 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€-3k
2019 · €26k
2018: €15k
2019: €26k
2018 → 2020
Total assets
€87k▼ 20.8%
2019 · €110k
2018: €122k
2019: €110k
2018 → 2020
Net result
€-29k
2019 · €11k
2018: €24k
2019: €11k
2018 → 2020
Working capital
€-8k▼ 237%
2019 · €-2k
2018: €-36k
2019: €-2k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€15k-€26k▲ 71.4%€-3k
Operating result€-38k-€12k€-29k
Net result€24k-€11k▼ 55.1%€-29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €29k after €12k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €87k
Fixed assets
€47k▼ 34.3%
Current assets
€40k▲ 5.0%
Key figures and ratios
EBITDA
€-5k▼
2019 · €39k
Cash flow
€-5k▼
2019 · €38k
Solvency
-3.4%▼
2019 · 23.3%
Current ratio
0.83▼
2019 · 0.94
Quick ratio
0.73▲
2019 · 0.46
Debt / equity
-14.24▼
2019 · 1.72
ROA
-32.9%▼
2019 · 9.7%
Debt
€90k▲
2019 · €84k
Debt ≤ 1 year
€48k▲
2019 · €40k
Debt > 1 year
€42k▼
2019 · €44k
Income taxes
€7▼
2019 · €3k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€110k€87k▼
Fixed assets21/28€72k€47k▼
Intangible fixed assets21€55k€33k▼
Tangible fixed assets22/27€12k€10k▼
Financial fixed assets28€4k€4k=
Current assets29/58€38k€40k▲
Stocks and contracts in progress3€19k€5k▼
Amounts receivable within one year40/41€13k€33k▲
Cash at bank and in hand54/58€4k€819▼
Equity and liabilities
Total equity and liabilities10/49€110k€87k▼
Equity10/15€26k€-3k▼
Contributions10/11€6k-
Reserves13€2k€2k=
Profit (loss) carried forward14€18k€-11k▼
Amounts payable17/49€84k€90k▲
Amounts payable after more than one year17€44k€42k▼
Amounts payable within one year42/48€40k€48k▲
Trade debts44€22k€33k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€23k▼
Gross operating margin9900€48k€-1k▼
Operating profit (loss)9901€12k€-29k▼
Recurring financial income75€0€347▲
Recurring financial charges65€701€320▼
Profit (loss) for the period before taxes9903€13k€-28k▼
Income taxes67/77€3k€7▼
Profit (loss) for the period9904€11k€-29k▼
Profit (loss) for the period to be appropriated9905€11k€-29k▼
Timeline · acts, filings and financial milestones
2024
05-01
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · DFM - DOUBLE YOU BV MARGARETHAPLEIN 11, 3000 LEUVEN · event 28-12-2023
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
2020
31-12
Financial
Weakest financial yearnet €-29k ▼368%
Net result drops to €-29k, the lowest in the series.
15-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 107 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | WIM BOLLEN STEENWEG OP ST-JORIS-WINGE 21,
3200 AARSCHOT |
28-12-2023 → present |
| Curator | THOMAS
VANDENDRIES STEENWEG OP ST-JORIS-WINGE 21,
3200 AARSCHOT |
28-12-2023 → present |