DM Elektro

Active

Private limited companyfounded 20223 yrs activeMotestraat 55, 8940 Wervik, BelgiumKBO/BCE: BE 0794.335.473

The computed 12-month bankruptcy probability of DM Elektro is 2.8% (moderate). The 2025 annual accounts show equity of €419k and a net result of €12k. Its solvency ranks better than 81% of 7692 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

67 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability60▼-19

Solvency97▲+8

Growth52

Track record94

Bankruptcy probability, 12 months

2.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €25k at 30 days acceptable

Liquidity ample (current ratio 3.66 against 2.95 in 2024; short-term debt: 23.8% and cash: 22.9% of total assets), and 28.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

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

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

71.8%

Return on assets

2.1%

Age of the figures

9 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 filings

Deviation from the deadline

2025

13 d late

2024

17 d early

2023

12 d early

← before the deadline after the deadline →

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 months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, abbreviated schema

Equity

€419k▲ 3.1%

2024 · €406k

2024: €406k

2024 → 2025

Total assets

€583k▼ 7.9%

2024 · €633k

2024: €633k

2024 → 2025

Net result

€12k▼ 76.7%

2024 · €54k

2024: €54k

2024 → 2025

Working capital

€370k▲ 1.9%

2024 · €363k

2024: €363k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€406k-€419k▲ 3.1%

Operating result€90k-€34k▼ 62.3%

Net result€54k-€12k▼ 76.7%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 62% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €583k

12.8%

87.2%

Fixed assets €74k▼ 10.9%

Current assets €509k▼ 7.4%

Equity and liabilities €583k

71.8%

28.2%

Equity €419k▲ 3.1%

Debt €164k▼ 27.5%

The debt ratio falls from 35.8% to 28.2%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€58k▼

2024 · €106k

Cash flow

€37k▼

2024 · €70k

Solvency

71.8%▲

2024 · 64.2%

Current ratio

3.66▲

2024 · 2.95

Quick ratio

3.38▲

2024 · 2.73

Debt / equity

0.39▼

2024 · 0.56

ROE

3.0%▼

2024 · 13.2%

ROA

2.1%▼

2024 · 8.5%

Interest coverage

4.64▼

2024 · 13.77

Debt

€164k▼

2024 · €226k

Debt ≤ 1 year

€139k▼

2024 · €186k

Debt > 1 year

€25k▼

2024 · €40k

Income taxes

€10k▼

2024 · €28k

Staff costs

€246k▼

2024 · €257k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€633k€583k▼

Fixed assets21/28€83k€74k▼

Tangible fixed assets22/27€83k€74k▼

Plant, machinery and equipment23€11k€21k▲

Furniture and vehicles24€72k€52k▼

Financial fixed assets28€549€549=

Current assets29/58€549k€509k▼

Stocks and contracts in progress3€40k€40k=

Stocks30/36€40k€40k=

Amounts receivable within one year40/41€265k€334k▲

Trade receivables40€198k€241k▲

Other amounts receivable41€66k€93k▲

Cash at bank and in hand54/58€238k€133k▼

Deferred charges and accrued income490/1€6k€2k▼

Equity and liabilities

Total equity and liabilities10/49€633k€583k▼

Equity10/15€406k€419k▲

Contributions10/11€6k€6k=

Reserves13€401k€413k▲

Non-distributable reserves130/1€297€297=

Reserves not available under the articles1311€297€297=

Distributable reserves133€400k€413k▲

Profit (loss) carried forward14€0-

Amounts payable17/49€226k€164k▼

Amounts payable after more than one year17€40k€25k▼

Financial debts170/4€40k€25k▼

Amounts payable within one year42/48€186k€139k▼

Current portion of amounts payable after more than one year42€16k€15k▼

Trade debts44€132k€93k▼

Suppliers440/4€132k€93k▼

Taxes, remuneration and social security45€38k€31k▼

Taxes450/3€7k€7k▼

Remuneration and social security454/9€31k€25k▼

Accrued charges and deferred income492/3€5€0▼

Income statement Code20242025

Non-recurring operating income76A€4k€56▼

Remuneration, social security and pensions62€257k€246k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€25k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-

Other operating charges640/8€852€1k▲

Non-recurring operating charges66A€0€16k▲

Gross operating margin9900€364k€321k▼

Operating profit (loss)9901€90k€34k▼

Financial income75/76B€0€1k▲

Recurring financial income75€0€1k▲

Financial charges65/66B€8k€13k▲

Recurring financial charges65€8k€13k▲

Profit (loss) for the period before taxes9903€82k€22k▼

Income taxes67/77€28k€10k▼

Profit (loss) for the period9904€54k€12k▼

Profit (loss) for the period to be appropriated9905€54k€12k▼

Appropriation of the result

Profit (loss) to be appropriated9906€62k€12k▼

Profit (loss) brought forward from the previous period14P€9k€0▼

Transfer to equity691/2€62k€12k▼

To other reserves6921€62k€12k▼

Social balance

Average headcount (FTE)90875.15.3▲

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 3Filings 3

Next filing, fiscal year 2026, expected by 31-07-2027

2026

13-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 13 days late

2025

14-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

19-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

NBB filing

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, Wervik · 2 establishment units since 2022

establishment All 2 establishment units on the map

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.

Motestraat 558940 Wervik

Ground area

4.1 ha

Building footprint

6,667 m²

Volume, LiDAR

807 m³

2 parcels, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.

2 establishment units

DM Elektro

Motestraat 55, 8940 WervikManufacture of fabricated metal products, except machinery and equipment

since 20222.338.829.554

DM Elektro

Ieperstraat 311, 8930 MenenManufacture of fabricated metal products, except machinery and equipment

since 20222.338.831.237

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34372A0545/00V000	Flanders	4.0 ha	1 · 6,497 m²	-
33029A0598/00F002	Flanders	485 m²	1 · 171 m²	7.6 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Recognised contractor

1 category

DM Elektro BV42542

category P1, class 1

decision 07-02-2023

Dual-learning approval

2 live approvals

Elektrotechnicus (vwo)

Goedgekeurd · 2026 to 2031

Elektrotechnicus duaal (so)

Goedgekeurd · 2026 to 2031

Similar companies · same sector, comparable size

ELEKTRICITEIT GOETHALS

Jemeppe-sur-Sambre · Eq €419k

ALL TECHNICS ENGINEERING

Of 22,826 companies in sector 43211 we hold annual accounts for 10,326. 6,897 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded02-12-2022

Fiscal year end31-12

Activities, NACEBEL

43211General electrical installation work

33120Repair and maintenance of machinery

33140Repair and maintenance of electrical equipment

43212Electrical installation work in industrial facilities

43320Joinery installation

46831Wholesale of construction materials, general range

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.