DM CONCEPT
ActiveSummary
DM CONCEPT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,568 and a net result of -€29. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-5
Solvency100▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 5.47 against 3.91 in 2024; short-term debt: 16.6% and cash: 59.6% of total assets), and 24% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
76%
Return on assets
0%
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 02-06-2026, 59 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
59 d early
2024
64 d early
2023
28 d early
2022
38 d early
2021
31 d late
2020
1 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€46,568▼ 0.1%
2024 · €46,597
Total assets
€61,309▼ 9.5%
2024 · €67,765
Net result
-€29
2024 · €2,431
Working capital
€45,460▲ 4.3%
2024 · €43,594
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€2,977€24,886€3,993▼ 84.0%€2,013▼ 49.6%-€11
Net result-€2,567below the sector's middle half€15,990within the sector's middle half€3,605within the sector's middle half▼ 77.5%€2,431within the sector's middle half▼ 32.6%-€29below the sector's middle half
Equity€31,321within the sector's middle half▼ 7.6%€43,561within the sector's middle half▲ 39.1%€47,166within the sector's middle half▲ 8.3%€46,597within the sector's middle half▼ 1.2%€46,568within the sector's middle half▼ 0.1%
Total assets€55,065below the sector's middle half▼ 27.0%€75,164within the sector's middle half▲ 36.5%€77,250within the sector's middle half▲ 2.8%€67,765within the sector's middle half▼ 12.3%€61,309below the sector's middle half▼ 9.5%
Debt€23,744▼ 42.8%€31,603▲ 33.1%€30,083▼ 4.8%€21,168▼ 29.6%€14,742▼ 30.4%
Working capital€30,956within the sector's middle half▼ 3.4%€39,825within the sector's middle half▲ 28.7%€41,889within the sector's middle half▲ 5.2%€43,594within the sector's middle half▲ 4.1%€45,460within the sector's middle half▲ 4.3%
Solvency56.9%within the sector's middle half▲ 11.9pp58.0%within the sector's middle half▲ 1.1pp61.1%within the sector's middle half▲ 3.1pp68.8%within the sector's middle half▲ 7.7pp76.0%above the sector's middle half▲ 7.2pp
Current ratio3.37above the sector's middle half▲ 1.142.78within the sector's middle half▼ 0.592.87within the sector's middle half▲ 0.093.91above the sector's middle half▲ 1.045.47above the sector's middle half▲ 1.56
Return on assets (ROA)-4.7%below the sector's middle half▼ 9.9pp21.3%above the sector's middle half▲ 25.9pp4.7%within the sector's middle half▼ 16.6pp3.6%within the sector's middle half▼ 1.1pp0.0%below the sector's middle half▼ 3.6pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
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 2025: a loss of €11 after €2,013 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61,309
Fixed assets
€5,686 ▼ 38.3%
Current assets
€55,623 ▼ 5.0%
Equity and liabilities €61,309
Equity
€46,568 ▼ 0.1%
Debt
€14,742 ▼ 30.4%
Debt's share of the balance-sheet total falls from 31.2% to 24.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,515▼
2024 · €5,796
Cash flow
€3,497▼
2024 · €6,213
Quick ratio
4.68▲
2024 · 3.63
Debt to equity
0.32▼
2024 · 0.45
ROE
-0.1%▼
2024 · 5.2%
Interest coverage
5.90▼
2024 · 13.52
Debt ≤ 1 year
€10,163▼
2024 · €14,958
Debt > 1 year
€4,578▼
2024 · €6,210
Income taxes
€539▼
2024 · €791
Staff costs
€1,295▲
2024 · €1,131
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
7.3%
stopped otherwise
90%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,442 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1,294 | €1,181 | €1,131 | €1,295 | ▲ 14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,013 | €3,947 | €4,098 | €3,783 | €3,526 | ▼ 6.8% |
| Other operating charges640/8 | €561 | €831 | €1,134 | €1,469 | €1,704 | ▲ 16.0% |
| Gross operating margin9900 | €5,597 | €30,958 | €10,406 | €8,396 | €6,515 | ▼ 22.4% |
| Operating profit (loss)9901 | -€2,977 | €24,886 | €3,993 | €2,013 | -€11 | ▼ 101% |
| Financial income75/76B | €978 | €238 | €1,812 | €1,638 | €1,117 | ▼ 31.8% |
| Recurring financial income75 | €978 | €238 | €1,812 | €1,638 | €1,117 | ▼ 31.8% |
| Financial charges65/66B | €569 | €5,799 | €397 | €429 | €596 | ▲ 39.0% |
| Recurring financial charges65 | €569 | €357 | €397 | €429 | €596 | ▲ 39.0% |
| Non-recurring financial charges66B | - | €5,443 | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€2,567 | €19,325 | €5,409 | €3,222 | €510 | ▼ 84.2% |
| Income taxes67/77 | - | €3,335 | €1,804 | €791 | €539 | ▼ 31.9% |
| Profit (loss) for the period9904 | -€2,567 | €15,990 | €3,605 | €2,431 | -€29 | ▼ 101% |
| Profit (loss) for the period to be appropriated9905 | -€2,567 | €15,990 | €3,605 | €2,431 | -€29 | ▼ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €55,065 | €75,164 | €77,250 | €67,765 | €61,309 | ▼ 9.5% |
| Fixed assets21/28 | €11,047 | €12,944 | €12,995 | €9,213 | €5,686 | ▼ 38.3% |
| Tangible fixed assets22/27 | €11,047 | €12,944 | €12,995 | €9,213 | €5,686 | ▼ 38.3% |
| Land and buildings22 | €5,433 | €8,670 | €6,919 | €5,168 | €3,417 | ▼ 33.9% |
| Plant, machinery and equipment23 | €3,082 | €2,405 | €5,144 | €3,638 | €2,175 | ▼ 40.2% |
| Furniture and vehicles24 | €2,532 | €1,868 | €932 | €407 | €95 | ▼ 76.7% |
| Current assets29/58 | €44,018 | €62,220 | €64,254 | €58,552 | €55,623 | ▼ 5.0% |
| Stocks and contracts in progress3 | €3,437 | €3,170 | €3,630 | €4,328 | €8,046 | ▲ 85.9% |
| Stocks30/36 | €3,437 | €3,170 | €3,630 | €4,328 | €8,046 | ▲ 85.9% |
| Amounts receivable within one year40/41 | €20,551 | €30,043 | €19,877 | €28,392 | €9,876 | ▼ 65.2% |
| Trade receivables40 | €3,885 | €10,700 | €9,623 | €20,563 | €9,876 | ▼ 52.0% |
| Other amounts receivable41 | €16,666 | €19,343 | €10,254 | €7,829 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €19,723 | €25,687 | €40,248 | €25,654 | €36,560 | ▲ 42.5% |
| Deferred charges and accrued income490/1 | €306 | €3,320 | €499 | €179 | €1,140 | ▲ 538% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €55,065 | €75,164 | €77,250 | €67,765 | €61,309 | ▼ 9.5% |
| Equity10/15 | €31,321 | €43,561 | €47,166 | €46,597 | €46,568 | ▼ 0.1% |
| Contributions10/11 | €15,483 | €15,483 | €15,483 | €15,483 | €15,483 | = |
| Reserves13 | €1,860 | €15,837 | €28,077 | €31,113 | €31,084 | ▼ 0.1% |
| 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 | - | €13,977 | €26,217 | €29,253 | €29,224 | ▼ 0.1% |
| Profit (loss) carried forward14 | €13,977 | €12,240 | €3,605 | €0 | €0 | - |
| Amounts payable17/49 | €23,744 | €31,603 | €30,083 | €21,168 | €14,742 | ▼ 30.4% |
| Amounts payable after more than one year17 | €10,682 | €9,208 | €7,718 | €6,210 | €4,578 | ▼ 26.3% |
| Financial debts170/4 | €10,682 | €9,208 | €7,718 | €6,210 | €4,578 | ▼ 26.3% |
| Amounts payable within one year42/48 | €13,062 | €22,395 | €22,365 | €14,958 | €10,163 | ▼ 32.1% |
| Current portion of amounts payable after more than one year42 | €4,848 | €1,473 | €1,490 | €1,508 | €1,491 | ▼ 1.1% |
| Trade debts44 | €6,714 | €9,836 | €5,785 | €1,355 | €6,214 | ▲ 359% |
| Suppliers440/4 | €6,714 | €9,836 | €5,785 | €1,355 | €6,214 | ▲ 359% |
| Taxes, remuneration and social security45 | €1,500 | €7,335 | €15,090 | €9,095 | €1,734 | ▼ 80.9% |
| Taxes450/3 | - | €3,335 | €8,665 | €4,595 | €1,734 | ▼ 62.3% |
| Remuneration and social security454/9 | €1,500 | €4,000 | €6,425 | €4,500 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €3,751 | €0 | €3,000 | €723 | ▼ 75.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,567 | €15,990 | €3,605 | €2,431 | -€29 | ▼ 101% |
| + Depreciation and write-downs630 | €8,013 | €3,947 | €4,098 | €3,783 | €3,526 | ▼ 6.8% |
| Operating cash flow (approximation) | €5,445 | €19,937 | €7,703 | €6,213 | €3,497 | ▼ 43.7% |
| Investment in fixed assets (approximation) | - | -€5,844 | -€4,150 | €0 | €0 | - |
| Change in cash | - | €5,963 | €14,562 | -€14,595 | €10,906 | ▲ 175% |
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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €15,990
Net result €15,990 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€2,567
Net result drops to -€2,567, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €4,734
Net result €4,734 after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2017
Ground area
353 m²
Building footprint
184 m²
Volume, LiDAR
908 m³
Parcel 11056B0730/00L000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DM concept
since 20172.260.674.278
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11056B0730/00L000 | Flanders | 353 m² | 1 · 183 m² | 9.1 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.
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Of 9,536 companies in sector 43222 we hold annual accounts for 5,669. 4,494 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
Founded12-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0669507955
Also
9925:BE0669507955
Registered
12-12-2024
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.