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DMG VISION

Active
Private limited companyfounded 20241 yr activeTorhoutsesteenweg 66, 8210 Zedelgem, BelgiumKBO/BCE: BE 1014.487.762
Summary

DMG VISION has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €24k and a net result of €21k. Its solvency ranks better than 64% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
Axes
Profitability100
Solvency82
Growth-
Track record67
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.52; short-term debt: 39.6% and cash: 66.5% of total assets), and 43.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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
56.6%
Return on assets
48.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
31 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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
€24k
Total assets
€43k
Net result
€21k
Working capital
€26k

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

Balance-sheet composition
Equity and liabilities €43k
Equity €24k
Debt €19k
Debt finances 43.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€29k
Cash flow
€24k
Current ratio
2.52
Debt to equity
0.77
ROE
85.7%
ROA
48.5%
Interest coverage
235.71
Debt ≤ 1 year
€17k
Income taxes
€5k
Filed annual accounts As filed with the NBB · 2024 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€43k
Current assets29/58€43k
Amounts receivable within one year40/41€14k
Trade receivables40€10k
Other amounts receivable41€4k
Cash at bank and in hand54/58€29k
Equity and liabilities
Total equity and liabilities10/49€43k
Equity10/15€24k
Contributions10/11€4k
Reserves13€21k
Distributable reserves133€21k
Amounts payable17/49€19k
Amounts payable within one year42/48€17k
Trade debts44€1k
Suppliers440/4€1k
Taxes, remuneration and social security45€16k
Taxes450/3€15k
Remuneration and social security454/9€2k
Accrued charges and deferred income492/3€2k
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€251
Gross operating margin9900€30k
Operating profit (loss)9901€27k
Financial charges65/66B€125
Recurring financial charges65€125
Profit (loss) for the period before taxes9903€26k
Income taxes67/77€5k
Profit (loss) for the period9904€21k
Profit (loss) for the period to be appropriated9905€21k
Appropriation of the result
Profit (loss) to be appropriated9906€21k
Transfer to equity691/2€21k
To other reserves6921€21k

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€251
Gross operating margin9900€30k
Operating profit (loss)9901€27k
Financial charges65/66B€125
Recurring financial charges65€125
Profit (loss) for the period before taxes9903€26k
Income taxes67/77€5k
Profit (loss) for the period9904€21k
Profit (loss) for the period to be appropriated9905€21k
Line2024
Assets
Total assets20/58€43k
Current assets29/58€43k
Amounts receivable within one year40/41€14k
Trade receivables40€10k
Other amounts receivable41€4k
Cash at bank and in hand54/58€29k
Equity and liabilities
Total equity and liabilities10/49€43k
Equity10/15€24k
Contributions10/11€4k
Reserves13€21k
Distributable reserves133€21k
Amounts payable17/49€19k
Amounts payable within one year42/48€17k
Trade debts44€1k
Suppliers440/4€1k
Taxes, remuneration and social security45€16k
Taxes450/3€15k
Remuneration and social security454/9€2k
Accrued charges and deferred income492/3€2k
Line2024
Profit (loss) for the period9904€21k
+ Depreciation and write-downs630€3k
Operating cash flow (approximation)€24k

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

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Zedelgem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
8,141 m²
Building footprint
407 m²
Volume, LiDAR
3,282 m³
Parcel 31040B0806/00H000, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
DMG VISION
Torhoutsesteenweg 66, 8210 ZedelgemAgents in the wholesale of furniture, household goods and hardware
since 20242.364.464.971
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31040B0806/00H000 Flanders 8,141 m² 1 · 407 m² 13.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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

Of 1,744 companies in sector 46150 we hold annual accounts for 759. 502 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
46150Agents in the wholesale of furniture, household goods and hardware
46180Agents specialised in the wholesale of other particular products
73300Public relations and communication consultancy
82990Other business support services
85510Sports and recreation education

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