DM - SERVICE
ActiveDM - SERVICE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €35. Equity is shrinking by ~16% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 90% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-31
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 9.47 against 15.3 in 2024; short-term debt: 10.6% and cash: 0.6% of total assets), and 10.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.4%
Return on assets
0.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 10 filingsDeviation from the deadline
2025
29 d late
2024
56 d late
2023
48 d late
2022
28 d late
2021
26 d late
2020
31 d late
2019
61 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€51k▲ 0.1%
2024 · €51k
2018: €1.67M
2019: €542k
2020: €509k
2021: €546k
2022: €1.44M
2023: €1.71M
2024: €51k
2018 → 2025
Total assets
€57k▲ 4.6%
2024 · €54k
2018: €1.70M
2019: €546k
2020: €509k
2021: €601k
2022: €1.89M
2023: €1.81M
2024: €54k
2018 → 2025
Net result
€35▼ 99.5%
2024 · €7k
2018: €-25k
2019: €-2k
2020: €-31k
2021: €36k
2022: €890k
2023: €279k
2024: €7k
2018 → 2025
Working capital
€51k▲ 0.1%
2024 · €51k
2018: €645k
2019: €91k
2021: €546k
2022: €1.44M
2023: €1.71M
2024: €51k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€546k-€1.44M▲ 163%€1.71M▲ 19.4%€51k▼ 97.0%€51k▲ 0.1%
Operating result€38k-€1.16M▲ 2,968%€371k▼ 68.0%€11k▼ 97.0%€58▼ 99.5%
Net result€36k-€890k▲ 2,354%€279k▼ 68.7%€7k▼ 97.6%€35▼ 99.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 99% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €57k
Equity
€51k▲ 0.1%
Debt
€6k▲ 68.9%
The debt ratio rises from 6.5% to 10.6%. Equity and debt are higher.
Key figures and ratios
Solvency
89.4%▼
2024 · 93.5%
Current ratio
9.47▼
2024 · 15.30
Quick ratio
9.47▼
2024 · 15.30
Debt / equity
0.12▲
2024 · 0.07
ROE
0.1%▼
2024 · 13.4%
ROA
0.1%▼
2024 · 12.5%
Debt
€6k▲
2024 · €4k
Debt ≤ 1 year
€6k▲
2024 · €4k
Income taxes
€-1▼
2024 · €3k
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€54k€57k▲
Current assets29/58€54k€57k▲
Amounts receivable within one year40/41€39k€56k▲
Other amounts receivable41€39k€56k▲
Cash at bank and in hand54/58€15k€336▼
Equity and liabilities
Total equity and liabilities10/49€54k€57k▲
Equity10/15€51k€51k▲
Contributions10/11€16k€16k=
Outside capital11€16k€16k=
Other1109/19€16k€16k=
Reserves13€34k€34k▲
Non-distributable reserves130/1€22k€22k=
Reserves not available under the articles1311€22k€22k=
Distributable reserves133€12k€12k▲
Amounts payable17/49€4k€6k▲
Amounts payable within one year42/48€4k€6k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€3k€3k=
Taxes450/3€3k€3k=
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€12k€1k▼
Operating profit (loss)9901€11k€58▼
Financial income75/76B€53€17▼
Recurring financial income75€53€17▼
Financial charges65/66B€2k€40▼
Recurring financial charges65€2k€40▼
Profit (loss) for the period before taxes9903€9k€34▼
Income taxes67/77€3k€-1▼
Profit (loss) for the period9904€7k€35▼
Profit (loss) for the period to be appropriated9905€7k€35▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€35▼
Transfer from equity791/2€1.67M-
Transfer to equity691/2€7k€35▼
To other reserves6921€7k€35▼
Profit to be distributed694/7€1.67M-
Return on contributions (dividend)694€1.67M-
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
31-12
Financial
Liquidity times 5current ratio 19.69
Current ratio from 4.17 to 19.69; short-term debt falls from €453k to €92k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Highest result since 2018net €890k ▲2354%
Operating result €1.16M, net result €890k, both a record.
31-12
Financial
Equity above €1MEq €1.44M ▲163%
2 profitable years in a row build equity to €1.44M.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Back to profitnet €36k
Net result €36k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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 1995
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.
Hulleken 299940 EvergemGround area
3,466 m²
Building footprint
268 m²
Volume, LiDAR
1,325 m³
Parcel 44302F0370/00L000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VM Projects Services BVBA
since 19952.073.258.204
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44302F0370/00L000 | Flanders | 3,466 m² | 1 · 268 m² | 8.2 m · 2 fl. |
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.
Similar companies · same sector, comparable size
BMCO
BE 0674.438.723
Courcelles · Eq €51k
STRAK PLAN
BE 0773.317.454
Zemst · Eq €51k
LEBBA
BE 0789.278.409
Merchtem · Eq €51k
New Day Development
BE 0749.506.429
Antwerpen · Eq €51k
THEVISSEN SERVICES
BE 0664.557.886
Dilsen-Stokkem · Eq €51k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,382. 5,019 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-1995
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@dm-immo.be