DM-Projects

Active

Private limited companyfounded 20206 yrs activeVolpenswege 73, 9940 Evergem, BelgiumKBO/BCE: BE 0744.982.566

The computed 12-month bankruptcy probability of DM-Projects is 2.4% (moderate). The 2024 annual accounts show equity of €10k and a net result of €824. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 9982 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

69 / 100

Healthy▲ +24 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability40▲+40

Solvency30▲+10

Growth32=

Stability100

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity tight (current ratio 1.3 against 1.01 in 2023), and 81.6% 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

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

+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 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

18.4%

Return on assets

1.5%

Age of the figures

20 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

56 d late

2023

61 d late

2022

60 d late

2021

29 d late

← before the deadline after the 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 2024, micro schema

Equity

€10k▲ 8.6%

2023 · €10k

2021: €11k 2022: €14k 2023: €10k

2021 → 2024

Total assets

€56k▼ 25.8%

2023 · €76k

2021: €303k 2022: €293k 2023: €76k

2021 → 2024

Net result

€824

2023 · €-4k

2021: €1k 2022: €2k 2023: €-4k

2021 → 2024

Working capital

€9k▲ 2,882%

2023 · €305

2021: €9k 2022: €-7k 2023: €305

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€11k-€14k▲ 20.6%€10k▼ 30.4%€10k▲ 8.6%

Operating result€1k-€3k▲ 151%€-3k€2k

Net result€1k-€2k▲ 70.1%€-4k€824

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

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €2k after a loss of €3k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €56k

30.1%

69.9%

Fixed assets €17k▼ 46.5%

Current assets €39k▼ 11.0%

Equity and liabilities €56k

18.4%

81.6%

Equity €10k▲ 8.6%

Debt €46k▼ 30.8%

The debt ratio falls from 87.4% to 81.6%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€18k▲

2023 · €13k

Cash flow

€17k▲

2023 · €11k

Solvency

18.4%▲

2023 · 12.6%

Current ratio

1.30▲

2023 · 1.01

Quick ratio

1.30▲

2023 · 1.01

Debt / equity

4.43▼

2023 · 6.96

ROE

7.9%▲

2023 · -43.7%

ROA

1.5%▲

2023 · -5.5%

Interest coverage

10.97▲

2023 · 7.46

Debt

€46k▼

2023 · €66k

Debt ≤ 1 year

€30k▼

2023 · €44k

Debt > 1 year

€16k▼

2023 · €22k

Income taxes

€143

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€76k€56k▼

Fixed assets21/28€32k€17k▼

Tangible fixed assets22/27€32k€17k▼

Plant, machinery and equipment23€3k€3k▲

Furniture and vehicles24€29k€14k▼

Current assets29/58€44k€39k▼

Amounts receivable within one year40/41€16k€4k▼

Trade receivables40€13k€1k▼

Other amounts receivable41€2k€2k=

Cash at bank and in hand54/58€17k€29k▲

Deferred charges and accrued income490/1€12k€7k▼

Equity and liabilities

Total equity and liabilities10/49€76k€56k▼

Equity10/15€10k€10k▲

Contributions10/11€10k€10k=

Reserves13-€367

Distributable reserves133-€367

Profit (loss) carried forward14€-457-

Amounts payable17/49€66k€46k▼

Amounts payable after more than one year17€22k€16k▼

Financial debts170/4€22k€16k▼

Amounts payable within one year42/48€44k€30k▼

Current portion of amounts payable after more than one year42€7k€7k▲

Trade debts44€10k€2k▼

Suppliers440/4€10k€2k▼

Taxes, remuneration and social security45€13k€15k▲

Taxes450/3€13k€15k▲

Other amounts payable47/48€14k€7k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k▲

Other operating charges640/8€1k-

Gross operating margin9900€14k€18k▲

Operating profit (loss)9901€-3k€2k▲

Financial income75/76B€109€278▲

Recurring financial income75€109€278▲

Financial charges65/66B€2k€2k▼

Recurring financial charges65€2k€2k▼

Profit (loss) for the period before taxes9903€-4k€967▲

Income taxes67/77-€143

Profit (loss) for the period9904€-4k€824▲

Profit (loss) for the period to be appropriated9905€-4k€824▲

Appropriation of the result

Profit (loss) to be appropriated9906€-4k€367▲

Profit (loss) brought forward from the previous period14P-€-457

Transfer from equity791/2€4k-

Transfer to equity691/2-€367

To other reserves6921-€367

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

2025

25-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 56 days late

2024

31-12

Financial Back to profitnet €824

Net result €824 after one loss-making year.

30-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 61 days late

2023

31-12

Financial Weakest financial yearnet €-4k ▼278%

Net result drops to €-4k, the lowest in the series; recovery starts the following year.

29-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 60 days late

2022

31-12

Financial Highest result since 2021net €2k ▲70.1%

Operating result €3k, net result €2k, both a record.

29-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 29 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Evergem · 1 establishment unit since 2020

establishment The establishment unit 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.

Volpenswege 739940 Evergem

Ground area

4,497 m²

Building footprint

395 m²

Volume, LiDAR

578 m³

Parcel 44066C0350/00E000, Flanders · tallest building 6.8 m. Linked by address, not a title deed.

1 establishment unit

DM-Projects

Volpenswege 73, 9940 EvergemConstruction of residential and non-residential buildings

since 20202.300.332.333

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44066C0350/00E000	Flanders	4,497 m²	1 · 395 m²	6.8 m

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

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

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 237 EUR awarded · 237 EUR paid

Year	Entries	awarded	paid
2024	1	237 EUR	237 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 237 EUR · 237 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 9,284 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-03-2020

Fiscal year end31-12

Activities, NACEBEL

41001General construction of residential buildings

43990Other specialised construction activities

43995Specialised construction activities

47811Retail sale of cars and light vans (up to 3.5 tonnes)

47812Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.