Summary
DMM PROJECTS is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €26,071 and a net result of -€34,145. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 66% of 9,754 sector peers (NACE 64, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-01-2009 Normal situation
- Activity
- Activities of holding companies NACE 64210and 1 other
- Establishment unit
- 2.175.899.050 3500 Hasselt, since 16-01-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Loss
- €34,145
- ▼ 39.1%
- Equity
- €26,071
- ▼ 56.7%
- Total assets
- €37,791
- ▼ 49.1%
- 2025 accounts filed 31 days after the deadline
Signalsraises risk2025 accounts filed 31 days lateShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
raises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
26 days late
2023
28 days late
2022
31 days late
2021
17 days late
2020
1 day early
2019
96 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00472847.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 17 filings
Equity
€26,071▼ 56.7%
2024 · €60,216
Net result
-€34,145▲ 39.1%
2024 · -€56,075
Total assets
€37,791▼ 49.1%
2024 · €74,248
Solvency
69.0%▼ 12.1pp
2024 · 81.1%
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€32,867
▲ 39.8%
2025
20182025
Net result
-€34,145
▲ 39.1%
2025
lowest quarter of the sector
20182025
Equity
€26,071
▼ 56.7%
2025
lowest quarter of the sector
20182025
Total assets
€37,791
▼ 49.1%
2025
lowest quarter of the sector
20182025
Debt
€11,720
▼ 16.5%
2025
20182025
Working capital
€21,370
▼ 59.1%
2025
middle half of the sector
20182025
Solvency
69.0%
▼ 12.1pp
2025
middle half of the sector
20182025
Current ratio
2.82
▼ 1.90
2025
middle half of the sector
20182025
Return on assets (ROA)
-90.4%
▼ 14.8pp
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€14,431-€16,742€17,003▲ 1.6%€48,872▲ 187%€76,648▲ 56.8%-€32,608-€54,609▼ 67.5%-€32,867▲ 39.8%
Net result-€15,334-€10,518€10,339within the sector's middle half▼ 1.7%€34,288within the sector's middle half▲ 232%€53,866within the sector's middle half▲ 57.1%-€33,770below the sector's middle half-€56,075below the sector's middle half▼ 66.0%-€34,145below the sector's middle half▲ 39.1%
Equity€41,050-€51,568▲ 25.6%€61,907within the sector's middle half▲ 20.0%€96,195within the sector's middle half▲ 55.4%€150,061within the sector's middle half▲ 56.0%€116,291within the sector's middle half▼ 22.5%€60,216within the sector's middle half▼ 48.2%€26,071below the sector's middle half▼ 56.7%
Total assets€50,510-€60,884▲ 20.5%€70,809below the sector's middle half▲ 16.3%€112,702below the sector's middle half▲ 59.2%€176,389within the sector's middle half▲ 56.5%€135,646within the sector's middle half▼ 23.1%€74,248below the sector's middle half▼ 45.3%€37,791below the sector's middle half▼ 49.1%
Debt€9,460-€9,316▼ 1.5%€8,902▼ 4.4%€16,507▲ 85.4%€26,328▲ 59.5%€19,355▼ 26.5%€14,032▼ 27.5%€11,720▼ 16.5%
Working capital€38,972-€49,895▲ 28.0%€60,511within the sector's middle half▲ 21.3%€78,537within the sector's middle half▲ 29.8%€136,248within the sector's middle half▲ 73.5%€104,913within the sector's middle half▼ 23.0%€52,220within the sector's middle half▼ 50.2%€21,370within the sector's middle half▼ 59.1%
Solvency81.3%-84.7%▲ 3.4pp87.4%above the sector's middle half▲ 2.7pp85.4%above the sector's middle half▼ 2.1pp85.1%above the sector's middle half▼ 0.3pp85.7%above the sector's middle half▲ 0.7pp81.1%above the sector's middle half▼ 4.6pp69.0%within the sector's middle half▼ 12.1pp
Current ratio5.33-6.36▲ 1.037.80above the sector's middle half▲ 1.445.76above the sector's middle half▼ 2.046.18above the sector's middle half▲ 0.426.42above the sector's middle half▲ 0.254.72above the sector's middle half▼ 1.702.82within the sector's middle half▼ 1.90
Return on assets (ROA)-30.4%-17.3%▲ 47.6pp14.6%within the sector's middle half▼ 2.7pp30.4%above the sector's middle half▲ 15.8pp30.5%above the sector's middle half▲ 0.1pp-24.9%below the sector's middle half▼ 55.4pp-75.5%below the sector's middle half▼ 50.6pp-90.4%below the sector's middle half▼ 14.8pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €32,867, smaller than the loss of €54,609 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37,791
Fixed assets
€4,701 ▼ 41.2%
Current assets
€33,090 ▼ 50.1%
Equity and liabilities €37,791
Equity
€26,071 ▼ 56.7%
Debt
€11,720 ▼ 16.5%
Debt's share of the balance-sheet total rises from 18.9% to 31.0%. Equity and debt are lower.
Key figures and ratios
ROE
-131.0%▼
2024 · -93.1%
Debt ≤ 1 year
€11,720▼
2024 · €14,032
Income taxes
€433▲
2024 · €429
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €18,896 | €3,375 | €2,902 | - | - |
| Financial fixed assets | €1,160 | - | - | - | - |
| Depreciation and write-downs of the year | €3,794 | €7,220 | €5,337 | €3,382 | €3,295 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · €1,243 awarded · €1,243 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €565 | €565 |
| 2024 | 1 | €678 | €678 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €865 | €953 | €3,794 | €7,220 | €5,337 | €3,382 | €3,295 | ▼ 2.6% |
| Other operating charges640/8 | - | - | - | €820 | €834 | €1,173 | €1,114 | €884 | ▼ 20.6% |
| Gross operating margin9900 | -€12,831 | €18,675 | €18,716 | €53,486 | €84,702 | -€26,098 | -€50,113 | -€28,688 | ▲ 42.8% |
| Operating profit (loss)9901 | -€14,431 | €16,742 | €17,003 | €48,872 | €76,648 | -€32,608 | -€54,609 | -€32,867 | ▲ 39.8% |
| Financial income75/76B | - | - | - | - | - | - | €13 | €1 | ▼ 92.3% |
| Recurring financial income75 | €151 | - | - | - | - | - | €13 | €1 | ▼ 92.3% |
| Financial charges65/66B | - | - | - | €439 | €583 | €742 | €1,050 | €846 | ▼ 19.4% |
| Recurring financial charges65 | €620 | €236 | €215 | €439 | €583 | €742 | €1,050 | €846 | ▼ 19.4% |
| Profit (loss) for the period before taxes9903 | -€14,900 | €16,506 | €16,788 | €48,433 | €76,065 | -€33,350 | -€55,646 | -€33,712 | ▲ 39.4% |
| Income taxes67/77 | €434 | €5,988 | €6,449 | €14,145 | €22,199 | €420 | €429 | €433 | ▲ 0.9% |
| Profit (loss) for the period9904 | -€15,334 | €10,518 | €10,339 | €34,288 | €53,866 | -€33,770 | -€56,075 | -€34,145 | ▲ 39.1% |
| Profit (loss) for the period to be appropriated9905 | -€15,334 | €10,518 | €10,339 | €34,288 | €53,866 | -€33,770 | -€56,075 | -€34,145 | ▲ 39.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €50,510 | €60,884 | €70,809 | €112,702 | €176,389 | €135,646 | €74,248 | €37,791 | ▼ 49.1% |
| Fixed assets21/28 | €2,538 | €1,673 | €1,396 | €17,658 | €13,813 | €11,378 | €7,996 | €4,701 | ▼ 41.2% |
| Tangible fixed assets22/27 | €2,538 | €1,673 | €1,396 | €16,498 | €12,653 | €10,218 | €6,836 | €3,541 | ▼ 48.2% |
| Furniture and vehicles24 | - | - | - | €16,498 | €12,653 | €10,218 | €6,836 | €3,541 | ▼ 48.2% |
| Financial fixed assets28 | - | - | - | €1,160 | €1,160 | €1,160 | €1,160 | €1,160 | = |
| Current assets29/58 | €47,972 | €59,211 | €69,413 | €95,044 | €162,576 | €124,268 | €66,252 | €33,090 | ▼ 50.1% |
| Amounts receivable within one year40/41 | €30,303 | €44,291 | €35,957 | €20,003 | €15,244 | €22,099 | €14,366 | €16,644 | ▲ 15.9% |
| Trade receivables40 | - | - | - | €15,064 | €13,056 | €13,414 | - | €7,425 | - |
| Other amounts receivable41 | - | - | - | €4,939 | €2,188 | €8,685 | €14,366 | €9,219 | ▼ 35.8% |
| Cash at bank and in hand54/58 | €15,010 | €12,220 | €31,464 | €72,089 | €144,492 | €98,560 | €49,054 | €12,679 | ▼ 74.2% |
| Deferred charges and accrued income490/1 | - | - | - | €2,952 | €2,840 | €3,609 | €2,832 | €3,767 | ▲ 33.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €50,510 | €60,884 | €70,809 | €112,702 | €176,389 | €135,646 | €74,248 | €37,791 | ▼ 49.1% |
| Equity10/15 | €41,050 | €51,568 | €61,907 | €96,195 | €150,061 | €116,291 | €60,216 | €26,071 | ▼ 56.7% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €32,629 | €43,147 | €53,486 | €87,774 | €141,640 | €141,640 | €141,640 | €141,640 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €85,914 | €139,780 | €141,640 | €141,640 | €141,640 | = |
| Profit (loss) carried forward14 | €2,221 | €2,221 | €2,221 | €2,221 | €2,221 | -€31,549 | -€87,624 | -€121,769 | ▼ 39.0% |
| Amounts payable17/49 | €9,460 | €9,316 | €8,902 | €16,507 | €26,328 | €19,355 | €14,032 | €11,720 | ▼ 16.5% |
| Amounts payable within one year42/48 | €9,000 | €9,316 | €8,902 | €16,507 | €26,328 | €19,355 | €14,032 | €11,720 | ▼ 16.5% |
| Trade debts44 | €1,801 | €1,746 | €2,674 | €886 | €8,283 | €3,530 | €1,651 | €3,038 | ▲ 84.0% |
| Suppliers440/4 | - | - | - | €886 | €8,283 | €3,530 | €1,651 | €3,038 | ▲ 84.0% |
| Taxes, remuneration and social security45 | - | - | - | €7,799 | €7,612 | €2,578 | €728 | €992 | ▲ 36.3% |
| Taxes450/3 | - | - | - | €7,799 | €7,612 | €2,578 | €728 | €992 | ▲ 36.3% |
| Other amounts payable47/48 | - | - | - | €7,822 | €10,433 | €13,247 | €11,653 | €7,690 | ▼ 34.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,334 | €10,518 | €10,339 | €34,288 | €53,866 | -€33,770 | -€56,075 | -€34,145 | ▲ 39.1% |
| + Depreciation and write-downs630 | - | €865 | €953 | €3,794 | €7,220 | €5,337 | €3,382 | €3,295 | ▼ 2.6% |
| Operating cash flow (approximation) | -€15,334 | €11,383 | €11,292 | €38,082 | €61,086 | -€28,433 | -€52,693 | -€30,850 | ▲ 41.5% |
| Investment in fixed assets (approximation) | - | €0 | -€676 | -€20,056 | -€3,375 | -€2,902 | €0 | €0 | - |
| Change in cash | - | -€2,790 | €19,244 | €40,625 | €72,403 | -€45,932 | -€49,506 | -€36,375 | ▲ 26.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00472847 | |
| 31-12-2024 | micro format | 26-08-2025 | 2025-00414169 | |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00386660 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00397146 | |
| 31-12-2021 | micro format | 17-08-2022 | 2022-20290803 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-43400297 | |
| 31-12-2019 | micro format | 04-11-2020 | 2020-68500490 | |
| 31-12-2018 | micro format | 19-06-2019 | 2019-19700600 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-58500555 | |
| 31-12-2016 | micro format | 19-10-2017 | 2017-67400341 |
Board & ownership
Directors
Directors
1 director, last change in 2023
De Mesmacker Cindy
Current
Director · listed in the 2025 annual accounts, filed on 31-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“TITEL IV. BESTUUR - CONTROLE Artikel 13. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
deed of 20-04-2023Owners and capital
Capital transactions
Capital over time
- 20-04-2023 Converted to unavailable equity
Mandate history
2 people, 1 in office
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| De Mesmacker Cindy |
|
| DE MESMAECKER Cindy Mireille |
|
Network & group
DMM PROJECTS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of DMM PROJECTS. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
31-08
micro format · 31 days late
2025
26-08
micro format · 26 days late
2024
31-12
Financial
Weakest financial yearnet -€56,075
The net result drops to -€56,075, the lowest from 2018 to 2025. It recovers the following year.
28-08
micro format · 28 days late
2023
31-08
micro format · 31 days late
20-04
Gazette deed
Resignation: DE MESMAECKER Cindy Mireille (director)Reappointment: DE MESMAECKER Cindy Mireille (director) · Capital conversion · Amendment of the articles10 points ▸
Gazette deed
Resignation: DE MESMAECKER Cindy Mireille (director)
Reappointment: DE MESMAECKER Cindy Mireille (director) · Capital conversion · Amendment of the articles10 points ▸
- Other provision, “statuten nadien niet meer gewijzigd, eenparigheid van stemmen” (deed in Dutch)
- Other provision, “Eerste besluit, statuten aanpassen aan Wetboek van vennootschappen en verenigingen en rechtsvorm besloten vennootschap behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “opheffing statutair onbeschikbare eigen vermogensrekening, beschikbaar maken voor uitkering” (deed in Dutch)
- Amendment of the articles
- Power of attorney, Dorien VERDUYN
- Director resignation, DE MESMAECKER Cindy Mireille (director)
- Director reappointment, DE MESMAECKER Cindy Mireille (director (not named in the articles))
- Director discharge, DE MESMAECKER Cindy Mireille
- Registered office clause, “eenparigheid van stemmen, Spoorwegstraat 92,3500 Hasselt” (deed in Dutch)
2022
31-12
Financial
Highest result from 2018 to 2025net €53,866 ▲57.1%
The operating result of €76,648 and the net result of €53,866 are both a record.
31-12
Financial
Equity above €150,000equity €150,061 ▲56%
After 4 profitable years in a row, equity reaches €150,061.
17-08
micro format · 17 days late
2021
30-07
micro format · 1 day before the deadline
2020
04-11
micro format · 96 days late
2019
31-12
Financial
Back to profitnet €10,518
The net result is €10,518, after one loss-making year.
Show earlier events
19-06
micro format · 42 days before the deadline
2018
31-08
micro format · 31 days late
2017
19-10
micro format · 80 days late
2009
28-01
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
DMM PROJECTS in Dutch
Enterprise number
0809.193.893
Legal form
Private limited company
Status
Active, normale toestand
Founded
16-01-2009
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-04-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, oprichten of opheffen wanneer en waar nodig voor zover geen wijziging taalregime”
“Alle machten om statutenwijziging authentiek te doen vaststellen, adres overbrengen naar om het even welke plaats in tweetalig gebied…”
deed of 20-04-2023 (in Dutch)Registered office and establishments
Registered office
Spoorwegstraat 92, 3500 Hasselt, Belgium
Establishment unit
DMM PROJECTS, Spoorwegstraat 92, 3500 Hasselt since 16-01-2009 · unit number 2.175.899.05062200 Computer consultancy and computer facilities management
Activities
NACEBEL 202564210
Activities of holding companies main activity
62200
Computer consultancy and computer facilities management
Codes under NACEBEL 2008
64200
Holdings main activity
62020
IT consultancy
Invoicing and payment
VAT number
BE 0809.193.893
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
31 May at 18:00
deed of 20-04-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
239 m²
Building footprint
103 m²
Building volume
759 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71326F0182/00S011 | Flanders | 239 m² | 1 · 103 m² | 11.9 m · 3 |