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Dmand

Active
Private limited companyfounded 2024active for 2 yearsBrabantstraat 48, 8850 Ardooie, BelgiumKBO/BCE: BE 1007.307.386
Summary

Dmand has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,185 and a net result of -€1,815. Its solvency ranks better than 23% of 8,539 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Advertising agencies
NACE 73110
1 site
Size
€7,156total assets 2025
Equity
€1,185
Loss
-€1,815
Turnover not published (micro format)
Financial health
78 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Holdings
1
2025 accounts 45 days early
Why 78raises riskFounded in 2024lowers riskSector: Advertising, market research and public relations activities (NACE 73)Size: total assets €7,156Liquidity: current ratio 0.23, cash €1,300Show the evidence

Checked score

Score 2025
78 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 15% of its sector peers (NACE 73, micro)
Financial strength
Weak
Solvency 42
equity 16.6% of total assets
Liquidity 27
short-term debt 83.4% · cash 18.2%
Profitability 0
return on assets -25.4%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,211 companies, NACE 73, micro)
Last 24 months 04-2025: 0.9% 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.1 percentage points vs 07-2025 09-2025: 1.2%▲ +0.1 percentage points vs 08-2025 10-2025: 1.3%▲ +0.1 percentage points vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.4%▲ +0.1 percentage points vs 01-2026 03-2026: 1.5%▲ +0.1 percentage points vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026highest value 05-2026: 1.5%● unchanged vs 04-2026highest value 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 0.5%▼ -1.0 percentage point vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026lowest value
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro): better than 24% on solvency, 14% on liquidity and 6% on profitability.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Advertising, market research and public relations activities (NACE 73)
KBO
lowers risk · Size: total assets €7,156
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.23, cash €1,300
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 8539 sector peers (2025).
NBB · sector comparison
Position among 8539 sector peers
Solvency
better than 23%
← weakest strongest →
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 16-06-2026, 45 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
45 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: WARNEZ Heidi Betsy Noëlla…

Financials · financial year 2025, micro format

Equity
€1,185
Total assets
€7,156
Net result
-€1,815
Working capital
-€4,626

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

Balance-sheet composition
Assets €7,156
Fixed assets €5,810
Current assets €1,346
Equity and liabilities €7,156
Equity €1,185
Debt €5,971
Debt finances 83.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€1,509
Cash flow
-€1,588
Current ratio
0.23
Debt to equity
5.04
ROE
-153.2%
ROA
-25.4%
Interest coverage
-12.18
Debt ≤ 1 year
€5,971
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€7,156
Fixed assets21/28€5,810
Tangible fixed assets22/27€810
Plant, machinery and equipment23€435
Furniture and vehicles24€376
Financial fixed assets28€5,000
Current assets29/58€1,346
Amounts receivable within one year40/41€45
Other amounts receivable41€45
Cash at bank and in hand54/58€1,300
Equity and liabilities
Total equity and liabilities10/49€7,156
Equity10/15€1,185
Contributions10/11€3,000
Profit (loss) carried forward14-€1,815
Amounts payable17/49€5,971
Amounts payable within one year42/48€5,971
Trade debts44€407
Suppliers440/4€407
Taxes, remuneration and social security45€2,864
Taxes450/3€2,864
Other amounts payable47/48€2,700
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€228
Other operating charges640/8€1,000
Gross operating margin9900-€508
Operating profit (loss)9901-€1,736
Financial income75/76B€45
Recurring financial income75€45
Financial charges65/66B€124
Recurring financial charges65€124
Profit (loss) for the period before taxes9903-€1,815
Profit (loss) for the period9904-€1,815
Profit (loss) for the period to be appropriated9905-€1,815
Appropriation of the result
Profit (loss) to be appropriated9906-€1,815

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€228
Other operating charges640/8€1,000
Gross operating margin9900-€508
Operating profit (loss)9901-€1,736
Financial income75/76B€45
Recurring financial income75€45
Financial charges65/66B€124
Recurring financial charges65€124
Profit (loss) for the period before taxes9903-€1,815
Profit (loss) for the period9904-€1,815
Profit (loss) for the period to be appropriated9905-€1,815
Line2025
Assets
Total assets20/58€7,156
Fixed assets21/28€5,810
Tangible fixed assets22/27€810
Plant, machinery and equipment23€435
Furniture and vehicles24€376
Financial fixed assets28€5,000
Current assets29/58€1,346
Amounts receivable within one year40/41€45
Other amounts receivable41€45
Cash at bank and in hand54/58€1,300
Equity and liabilities
Total equity and liabilities10/49€7,156
Equity10/15€1,185
Contributions10/11€3,000
Profit (loss) carried forward14-€1,815
Amounts payable17/49€5,971
Amounts payable within one year42/48€5,971
Trade debts44€407
Suppliers440/4€407
Taxes, remuneration and social security45€2,864
Taxes450/3€2,864
Other amounts payable47/48€2,700
Line2025
Profit (loss) for the period9904-€1,815
+ Depreciation and write-downs630€228
Operating cash flow (approximation)-€1,588

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 16-06-2026 2026-00173609

Similar companies · same sector, comparable size

Of the 9,792 active companies whose main activity is advertising agencies (NACE 73110), figures are known for 3,790. 574 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
WARNEZ Heidi Betsy Noëlla
Director (not named in the articles) · since 21-03-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
WARNEZ Heidi Betsy Noëlla
  • Director (not named in the articles), from 21-03-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of Dmand and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Best ADvice
via WARNEZ Heidi Betsy Noëlla · Director (not named in the articles)
→

History

Dmand was incorporated on 19 March 2024 as a private limited company.1 Since 2024, WARNEZ Heidi Betsy Noëlla has served as director of the company.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-03-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
16-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
21-03
Gazette deed Incorporation
Appointment: WARNEZ Heidi Betsy Noëlla (director) · Registered office clause · Board rule10 facts ▸
  • Registered office clause, “8850 Ardooie,Brabantstraat 48” (deed in Dutch)
  • Board rule, 1, “vergadering” (deed in Dutch)
  • Director appointment, WARNEZ Heidi Betsy Noëlla (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
  • Other provision, “eenhoofdigheid, neerlegging feit dat alle aandelen in één hand verenigd zijn” (deed in Dutch)
  • Incorporation, 18-03-2024
  • Founder, WARNEZ Heidi Betsy Noëlla
  • Other provision, 05-03-2024
  • Founding capital
  • Capital
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded19-03-2024
Financial year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007307386
Also 9925:BE1007307386
Registered 28-06-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ardooie · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
1,120 m²
Building footprint
194 m²
Building volume
1,068 m³
Parcel 36001A0078/00D000, Flanders · tallest building 7.6 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Dmand
Brabantstraat 48, 8850 ArdooieAdvertising agencies
since 2024unit no. 2.357.647.356
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
36001A0078/00D000 Flanders 1,120 m² 1 · 194 m² 7.6 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Ontwerpen,begeleiden en voeren van reclamecampagnes via kranten,tijdschriften,radio,TV,internet,video of sociale media; Concipiëren van…” (deed in Dutch)
12 activities (deed in Dutch)
  1. Ontwerpen,begeleiden en voeren van reclamecampagnes via kranten,tijdschriften,radio,TV,internet,video of sociale media
  2. Concipiëren van reclametechnieken,studie en begeleiding van marketing concepten om de consument te benaderen
  3. Productie van reclameboodschappen op alle mogelijke media
  4. Advies op gebied van marketing
  5. Media planning en beheer
  6. Ontwerp en realisatie van scenario’s,montages,productie,artistieke begeleiding,regie,productie van campagnes,radio en/of video
  7. Ontwerp en realisatie van huisstijlen,logo’s,folders,affiches,displays,standenbouw,verpakkingen,catalogi,advertenties,promotiemateriaal,enz.
  8. Ontwerp en realisatie van persconferenties,tentoonstellingen,seminaires,workshops,infomarkten,gelegenheidsfeesten,shows,vernissages enz.
  9. Ontwerpen en realiseren van marketingstrategie,
  10. Ontwerpen en realiseren en verkoop begeleiding van nieuwe producten
  11. Verkoop van advertentieruimte en/of eigen media
  12. Adviesverlening en bijstand in uitoefening van communicatie in al haar vormen

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Dmand
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, enkel besluit bestuursorgaan” (deed in Dutch)

deed of 21-03-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“1. Bevoegdheden van het bestuursorgaan. Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem…”
Board ruleHow the board is made up, meets and takes decisions.
“Aantal duur opdracht en bij meerdere bevoegdheid, 1” (deed in Dutch)
“Vergoeding bestuurders, algemene kosten” (deed in Dutch)

deed of 21-03-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed

deed of 21-03-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Friday of May

deed of 21-03-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden…” (deed in Dutch)

deed of 21-03-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Ondeelbaarheid van de effecten, een eigenaar per effect voor uitoefening rechten” (deed in Dutch)
Other provision: “Uittreden ten laste vermogen, Uittreding” (deed in Dutch)
Other provision: “Wettige reden en berokkenen economische schade aan vennootschap, Uitsluiting” (deed in Dutch)
Other provision: “Dagelijks bestuur, alleen of gezamenlijk zoals bestuursorgaan bepaalt” (deed in Dutch)
Other provision: “Binnen de wettelijke grenzen, controle van de vennootschap” (deed in Dutch)
Other provision: “Één of meerdere goedgekeurde voorstellen of exemplaren, binnen wettelijke grenzen” (deed in Dutch)
Other provision: “Toegang algemene vergadering, als houder effecten op naam ingeschreven in register per categorie” (deed in Dutch)
Other provision: “Bestuurder,བij gebrek daaraan aanwezige aandeelhouder met meeste aandelen,bij pariteit oudste, zittingen-processen-verbaal” (deed in Dutch)
Other provision: “Bestuursorgaan, drie weken” (deed in Dutch)
Other provision: “Bestemming winst-reserves, winst lopend boekjaar of winst voorgaand boekjaar zolang geen goedkeuring jaarrekening” (deed in Dutch)
Liquidation distribution: “Netto actief onder alle aandeelhouders naar verhouding aantal aandelen,goederen in natura zelfde wijze, na aanzuivering…” (deed in Dutch)
Other provision: “Elke in buitenland wonende aandeelhouder,bestuurder,commissaris,vereffenaar,obligatiehouder, alle…” (deed in Dutch)
Other provision: “Rechtbank in wiens rechtsgebied zetel gevestigd, elk betwisting omtrent zaken vennootschap en uitvoering statuten,tussen…” (deed in Dutch)
Other provision: “Bepalingen WVV waarvan niet geldig afgeweken geacht ingeschreven,strijdige clausules geacht niet geschreven, gemeen recht” (deed in Dutch)
Other provision: “Voorkeurrecht bij inbreng in geld met uitgifte nieuwe aandelen, 15” (deed in Dutch)
3 more provisions in the deed, see the deed of 21-03-2024

deed of 21-03-2024