Equity
€231,350 ▲ 66.1%
DM Projects has made a profit without a break since 2019.
DM Projects
Lifetime
9 annual accounts with figures on one time axispeak €152,116 (2025)
€152,116▲ 126%
lowest -€17,292 (2018)
€92,068▲ 268%
peak €231,350 (2025)
€231,350▲ 66.1%
€168,610▼ 18.2%
Board1 name since 2016
1 director
Documentsfilings and deeds
07-05-202685 days before the deadline
2025micro format
Gross margin from €67,438 to €152,116Result from €25,019 to €92,068Equity from €139,282 to €231,350Debts from €206,041 to €168,610Cash from €80,790 to €203,798
Key points
from the 2025 annual accountsResult
€92,068 ▲ 268%
The result rose in 2025 from €25,019 to €92,068.
Staff
1 employees on 31-12-2025
In 2025, 31 people joined and 31 left.
Liquidity
2.76 was 1.69 in 2024
Short-term debts fell from €116,814 to €90,489.
Filings
9 annual accounts 7 late
The 2020 accounts came latest: 107 days after the end of the period.
Position in the sector
€92,068
Higher net result than 95% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,969 companies had the same profile as DM Projects has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 26,969 companies, not a prediction for DM Projects. 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.
Credit verdict
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Signals
Board and ownership
Manager, since 29-12-2016
- founderdeed of 03-01-2017
- founderdeed of 03-01-2017
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0668590712
Amendment of the articles · Legal-form change · Resignations & appointments
Gazette deed
Incorporation
Founding capital of €18,600 · Founders: ; · Appointment: (manager) · published on 03-01-2017 · Gazette deed
First establishment
Filip De Pillecynstraat 32, Beveren-Kruibeke-Zwijndrecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DM Projects Beveren-Kruibeke-Zwijndrecht | €399,960 | €152,116 | 57.8% | - |
| V-LEC Erpe-Mere | €365,254 | €146,904 | 68.2% | - |
| Bart VDP Nazareth-De Pinte | €421,160 | €142,380 | 54.1% | - |
| GST Technology Nazareth-De Pinte | €374,477 | €124,184 | 57.1% | - |
| Vyncke Ghent | €376,930 | €190,740 | 47.3% | - |
| Elektriciteitswerken Claes Peter Halen | €390,093 | €145,346 | 67.3% | - |
| TOUSSAINT M & J Bertrix | €375,089 | €154,374 | 33.7% | - |
These companies have the same main activity as DM Projects: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €365,000 and €421,000, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 30-12-2016Normal situation
- Activity
- General electrical installation workNACE 43211
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 2025
- Establishment unit
- 2.261.991.7959150 Beveren-Kruibeke-Zwijndrecht, since 30-12-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 20-12-2025
Annual accounts 2025
- ≈ €450,000estimated
- €399,960▲ 15.8%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 07-05-2026, 85 days before the end of the filing period
Insights on DM Projects
DM Projects files the micro format. That format states no turnover. The gross margin rose from €41,650 in 2017 to €152,116 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DM Projects
- What is the company number of DM Projects?
- The company number of DM Projects is 0668.590.712. The VAT number is the same number with BE in front: BE 0668.590.712.
- Where is DM Projects based?
- The registered office is at Filip De Pillecynstraat 32, 9150 Beveren-Kruibeke-Zwijndrecht.Company details
- What does DM Projects do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of DM Projects?
- DM Projects is a private limited company (BV).
- When was DM Projects founded?
- DM Projects was founded on 30-12-2016.
- Is DM Projects still active?
- Yes, DM Projects is an active enterprise in the KBO register.
- How many employees does DM Projects have?
- DM Projects had an average of 0.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DM Projects fall under?
- In its 2025 annual accounts, DM Projects states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of DM Projects?
- The turnover in financial year 2025 is ≈ €450,000. This figure is estimated from the gross margin of €152,116 and 38 comparable companies (NACE 43211). It probably lies between €300,000 and €560,000.
- Is DM Projects profitable?
- In financial year 2025, DM Projects made a profit of €92,068.
- Where can I find the annual accounts of DM Projects?
- DM Projects filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DM Projects due?
- DM Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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