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DINGMING

Active
Private limited companyfounded 2001active for 25 yearsZuidstraat 33, 1000 Brussel, BelgiumKBO/BCE: BE 0475.665.234

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 26 days after the deadline Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00437841.

Annual accounts 2025 filed on 26-08-2026 at the NBB all 24 filings

Turnover
€372,375▼ 18.5%
2022 · €457,014
EBIT margin
-6.3%▼ 13.3pp
2022 · 7.0%
Net result
-€11,637
2024 · €1,099
Working capital
€76,116▼ 12.2%
2024 · €86,656
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €8,321, after a profit of €6,421 in 2024.

Turnover€372,375 2023 Operating result-€8,321 2025 Net result-€11,637 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€291,118-€318,049▲ 9.3%€245,680▼ 22.8%€433,625▲ 76.5%€457,014▲ 5.4%€372,375▼ 18.5%
Operating result€11,462-€7,648▼ 33.3%€9,308▲ 21.7%€40,181▲ 332%€32,139▼ 20.0%-€23,386€6,421-€8,321
Net result€7,253-€3,065▼ 57.7%€3,007within the sector's middle half▼ 1.9%€28,162above the sector's middle half▲ 837%€17,849within the sector's middle half▼ 36.6%-€26,528below the sector's middle half€1,099within the sector's middle half-€11,637below the sector's middle half
EBIT margin3.9%-2.4%▼ 1.5pp3.8%▲ 1.4pp9.3%▲ 5.5pp7.0%▼ 2.2pp-6.3%▼ 13.3pp
Equity€122,633-€125,698▲ 2.5%€128,705above the sector's middle half▲ 2.4%€106,867within the sector's middle half▼ 17.0%€122,931above the sector's middle half▲ 15.0%€96,403within the sector's middle half▼ 21.6%€97,502within the sector's middle half▲ 1.1%€85,865within the sector's middle half▼ 11.9%
Total assets€195,298-€203,399▲ 4.1%€173,074within the sector's middle half▼ 14.9%€194,453within the sector's middle half▲ 12.4%€193,414within the sector's middle half▼ 0.5%€156,627within the sector's middle half▼ 19.0%€133,980within the sector's middle half▼ 14.5%€125,158below the sector's middle half▼ 6.6%
Debt€72,664-€77,701▲ 6.9%€44,369▼ 42.9%€87,586▲ 97.4%€70,484▼ 19.5%€60,224▼ 14.6%€36,478▼ 39.4%€39,293▲ 7.7%
Working capital€114,832-€79,864▼ 30.5%€90,091above the sector's middle half▲ 12.8%€78,159within the sector's middle half▼ 13.2%€104,021above the sector's middle half▲ 33.1%€83,053above the sector's middle half▼ 20.2%€86,656above the sector's middle half▲ 4.3%€76,116within the sector's middle half▼ 12.2%
Solvency62.8%-61.8%▼ 1.0pp74.4%above the sector's middle half▲ 12.6pp55.0%within the sector's middle half▼ 19.4pp63.6%above the sector's middle half▲ 8.6pp61.5%above the sector's middle half▼ 2.0pp72.8%above the sector's middle half▲ 11.2pp68.6%above the sector's middle half▼ 4.2pp
Current ratio2.58-2.03▼ 0.553.03above the sector's middle half▲ 1.001.89within the sector's middle half▼ 1.142.48within the sector's middle half▲ 0.582.38within the sector's middle half▼ 0.103.38above the sector's middle half▲ 1.002.94above the sector's middle half▼ 0.44
Return on assets (ROA)3.7%-1.5%▼ 2.2pp1.7%within the sector's middle half▲ 0.2pp14.5%above the sector's middle half▲ 12.7pp9.2%within the sector's middle half▼ 5.3pp-16.9%below the sector's middle half▼ 26.2pp0.8%within the sector's middle half▲ 17.8pp-9.3%below the sector's middle half▼ 10.1pp
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125,158
Fixed assets €9,749 ▼ 10.1%
Current assets €115,409 ▼ 6.3%
Equity and liabilities €125,158
Equity €85,865 ▼ 11.9%
Debt €39,293 ▲ 7.7%
Debt's share of the balance-sheet total rises from 27.2% to 31.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€7,224▼
2024 · €9,345
Cash flow
-€10,541▼
2024 · €4,023
Quick ratio
0.40▼
2024 · 0.42
Debt to equity
0.46▲
2024 · 0.37
ROE
-13.6%▼
2024 · 1.1%
Interest coverage
-2.18▼
2024 · 2.91
Debt ≤ 1 year
€39,293▲
2024 · €36,478
Staff costs
€423▼
2024 · €6,705
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as DINGMING: retail sale of newspapers and periodicals (NACE 47621). They are comparable in size and age: total assets between €105,000 and €140,000, founded between 1998 and 2003.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
DINGMING Brussel2001€125,158€85,865-€6,741-€11,6372025
SIDERAL Brussel2001€128,916-€208,035-€44,027-€39,4902024
'T LEZERTJE Pelt2001€131,450-€47,929-€2,579-€31,5212025
READ ALL Vilvoorde2003€126,654€112,813-€29,687-€39,5802024
DELTADORA Tubize2000€110,042€84,293€78-€12025
Drukkerij Kris Van Proeyen Beveren-Kruibeke-Zwijndrecht1998€139,829€131,340-€14,253€9,3292025
DAGBLADHANDEL RAYMOND Vilvoorde2000€104,975€13,774-€2,413-€5,0632025

They were chosen from the 1,232 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 12,322 companies had the same profile as DINGMING has now. Two years later, 0.7% had gone bankrupt and 90.3% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% was still going

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DINGMING itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,322 companies, not a prediction for DINGMING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines

Source: Annual accounts 2025 at the NBB, filed on 26-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€133,980€125,158▼
Fixed assets21/28€10,845€9,749▼
Intangible fixed assets21€2,520€1,820▼
Tangible fixed assets22/27€626€229▼
Furniture and vehicles24€626€229▼
Financial fixed assets28€7,700€7,700=
Current assets29/58€123,135€115,409▼
Stocks and contracts in progress3€107,770€99,819▼
Stocks30/36€107,770€99,819▼
Amounts receivable within one year40/41€159€74▼
Trade receivables40€74€74=
Other amounts receivable41€86-
Cash at bank and in hand54/58€13,252€15,516▲
Deferred charges and accrued income490/1€1,953-
Equity and liabilities
Total equity and liabilities10/49€133,980€125,158▼
Equity10/15€97,502€85,865▼
Contributions10/11€18,600€18,600=
Contributions outside capital11€18,600€18,600=
Other1109/19€18,600€18,600=
Reserves13€78,902€78,902=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€77,042€77,042=
Profit (loss) carried forward14--€11,637
Amounts payable17/49€36,478€39,293▲
Amounts payable within one year42/48€36,478€39,293▲
Trade debts44€13,259€18,125▲
Suppliers440/4€13,259€18,125▲
Taxes, remuneration and social security45€18,051€11,831▼
Taxes450/3€17,207€11,831▼
Remuneration and social security454/9€844-
Other amounts payable47/48€5,168€9,337▲
Income statement Code20242025
Remuneration, social security and pensions62€6,705€423▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,924€1,097▼
Other operating charges640/8€745€60▼
Gross operating margin9900€16,795-€6,741▼
Operating profit (loss)9901€6,421-€8,321▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€3,214€3,318▲
Recurring financial charges65€3,214€3,318▲
Profit (loss) for the period before taxes9903€3,207-€11,637▼
Income taxes67/77€2,108-
Profit (loss) for the period9904€1,099-€11,637▼
Profit (loss) for the period to be appropriated9905€1,099-€11,637▼
Appropriation of the result
Profit (loss) to be appropriated9906€1,099-€11,637▼
Transfer to equity691/2€1,099-
To other reserves6921€1,099-

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Turnover70€0.3m€0.3m€0.2m€0.4m€0.5m€0.4m---
Non-recurring operating income76A---€0.005m€0.001m----
Goods, raw materials, services and sundry goods60/61---€0.4m€0.4m€3.7m---
Remuneration, social security and pensions62-----€0.005m€0.007m€423▼ 93.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m€0.007m€0.01m€0.01m€0.01m€0.01m€0.003m€0.001m▼ 62.5%
Other operating charges640/8---€0.001m€0.001m€319€0.001m€60▼ 91.9%
Gross operating margin9900€0.01m€0.02m€0.02m€0.05m€0.04m-€0.008m€0.02m-€0.007m-
Operating profit (loss)9901€0.01m€0.008m€0.009m€0.04m€0.03m-€0.02m€0.006m-€0.008m-
Financial income75/76B-----€2-€1-
Recurring financial income75-----€2-€1-
Financial charges65/66B---€0.002m€0.004m€0.003m€0.003m€0.003m▲ 3.2%
Recurring financial charges65€0.002m€0.001m€0.004m€0.002m€0.004m€0.003m€0.003m€0.003m▲ 3.2%
Profit (loss) for the period before taxes9903€0.009m€0.006m€0.005m€0.04m€0.03m-€0.03m€0.003m-€0.01m-
Income taxes67/77€0.002m€0.003m€0.002m€0.01m€0.01m€381€0.002m--
Profit (loss) for the period9904€0.007m€0.003m€0.003m€0.03m€0.02m-€0.03m€0.001m-€0.01m-
Profit (loss) for the period to be appropriated9905€0.007m€0.003m€0.003m€0.03m€0.02m-€0.03m€0.001m-€0.01m-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€195,298€203,399€173,074€194,453€193,414€156,627€133,980€125,158▼ 6.6%
Fixed assets21/28€7,801€45,835€38,614€28,708€18,909€13,349€10,845€9,749▼ 10.1%
Intangible fixed assets21-----€3,220€2,520€1,820▼ 27.8%
Tangible fixed assets22/27€218€38,251€31,031€21,125€11,326€2,430€626€229▼ 63.4%
Furniture and vehicles24---€21,125€11,326€2,430€626€229▼ 63.4%
Financial fixed assets28€7,583€7,583€7,583€7,583€7,583€7,700€7,700€7,700=
Current assets29/58€187,497€157,565€134,460€165,745€174,505€143,277€123,135€115,409▼ 6.3%
Stocks and contracts in progress3€94,499€75,870€70,670€115,670€127,170€124,770€107,770€99,819▼ 7.4%
Stocks30/36---€115,670€127,170€124,770€107,770€99,819▼ 7.4%
Amounts receivable within one year40/41€154€30,567-€13,457€6,581€592€159€74▼ 53.8%
Trade receivables40-----€74€74€74=
Other amounts receivable41---€13,457€6,581€518€86--
Cash at bank and in hand54/58€71,302€44,805€59,294€32,121€34,741€17,723€13,252€15,516▲ 17.1%
Deferred charges and accrued income490/1---€4,496€6,012€192€1,953--
Equity and liabilities
Total equity and liabilities10/49€195,298€203,399€173,074€194,453€193,414€156,627€133,980€125,158▼ 6.6%
Equity10/15€122,633€125,698€128,705€106,867€122,931€96,403€97,502€85,865▼ 11.9%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Contributions outside capital11---€18,600€18,600€18,600€18,600€18,600=
Other1109/19---€18,600€18,600€18,600€18,600€18,600=
Reserves13€45,944€107,098€110,105€88,267€104,331€104,331€78,902€78,902=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133---€86,407€102,471€102,471€77,042€77,042=
Profit (loss) carried forward14€58,090--€0--€26,528--€11,637-
Amounts payable17/49€72,664€77,701€44,369€87,586€70,484€60,224€36,478€39,293▲ 7.7%
Amounts payable within one year42/48€72,664€77,701€44,369€87,586€70,484€60,224€36,478€39,293▲ 7.7%
Current portion of amounts payable after more than one year42---€18,221€10,167€2,042---
Trade debts44€56,418€24,570€5,779€19,234€17,008€27,561€13,259€18,125▲ 36.7%
Suppliers440/4---€19,234€17,008€27,561€13,259€18,125▲ 36.7%
Taxes, remuneration and social security45---€50,131€43,308€30,621€18,051€11,831▼ 34.5%
Taxes450/3---€50,131€43,308€25,862€17,207€11,831▼ 31.2%
Remuneration and social security454/9-----€4,759€844--
Other amounts payable47/48------€5,168€9,337▲ 80.7%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€7,253€3,065€3,007€28,162€17,849-€26,528€1,099-€11,637-
+ Depreciation and write-downs630€620€7,444€9,522€9,906€9,799€9,959€2,924€1,097▼ 62.5%
Operating cash flow (approximation)€7,873€10,509€12,529€38,068€27,647-€16,569€4,023-€10,541-
Investment in fixed assets (approximation)--€45,478-€2,302€0€0-€4,399-€420€0-
Change in cash--€26,497€14,489-€27,173€2,620-€17,018-€4,471€2,265-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 24 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 26-08-2026 2026-00437841 NBB
31-12-2024 micro format 06-08-2025 2025-00364770 PDF
31-12-2023 micro format 13-08-2024 2024-00345795 PDF
31-12-2022 micro format 09-08-2023 2023-00323660 PDF
31-12-2021 micro format 11-08-2022 2022-20286232 PDF
31-12-2020 micro format 24-08-2021 2021-53000444 PDF
31-12-2019 micro format 21-09-2020 2020-54500232 PDF
31-12-2018 micro format 27-08-2019 2019-51500356 PDF
31-12-2017 micro format 28-08-2018 2018-52600379 PDF
31-12-2016 micro format 31-08-2017 2017-54400324 PDF

Show all 24 filings

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