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DMS-Windows

Active
Private limited companyfounded 2021active for 5 yearsHeremietstraat 10, 9960 Assenede, BelgiumKBO/BCE: BE 0761.508.990
Summary

The computed 12-month bankruptcy probability of DMS-Windows is 5.7% (elevated). The 2024 annual accounts show equity of €69,836 and a net result of -€41,668. Equity is shrinking by about 22% per year across the filed financial years. Its solvency ranks better than 14% of 7,407 sector peers (NACE 43, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320Manufacture of fabricated metal products, except machinery and equipment NACE 25120
1 site
Size
€502,077total assets 2024
Staff
0.4 FTE
Equity
€69,836
Loss
-€41,668
Turnover not published (abbreviated or micro format)
Financial health
34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.7%
Structure
Accounts 76 days overdue1 of 3 deeds read
Why 34raises risk1 financial year not filed after the legal deadline; latest accounts 92 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 31-10-2025)Founded in 2021lowers riskSize: 0.4 FTE, total assets €502,077Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 13% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 39=
equity 13.9% of total assets
Liquidity 21+6
short-term debt 65.3% · cash 4.9%
Profitability 12+3
return on assets -8.3%
Bankruptcy probability, 12 months
5.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,546 companies, NACE 43, micro)
Last 24 months 11-2024: 3.0% 12-2024: 3.0%● unchanged vs 11-2024 01-2025: 2.9%▼ -0.1 percentage points vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025 03-2025: 2.9%● unchanged vs 02-2025 04-2025: 2.9%● unchanged vs 03-2025 05-2025: 2.8%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 3.2%▲ +0.4 percentage points vs 05-2025 07-2025: 3.2%● unchanged vs 06-2025 08-2025: 3.9%▲ +0.7 percentage points vs 07-2025 09-2025: 4.0%▲ +0.1 percentage points vs 08-2025 10-2025: 5.1%▲ +1.1 percentage points vs 09-2025 11-2025: 3.7%▼ -1.4 percentage points vs 10-2025 12-2025: 3.7%● unchanged vs 11-2025 01-2026: 3.7%● unchanged vs 12-2025 02-2026: 3.7%● unchanged vs 01-2026 03-2026: 3.7%● unchanged vs 02-2026 04-2026: 3.8%▲ +0.1 percentage points vs 03-2026 05-2026: 3.7%▼ -0.1 percentage points vs 04-2026 06-2026: 3.8%▲ +0.1 percentage points vs 05-2026 07-2026: 3.8%● unchanged vs 06-2026 08-2026: 4.3%▲ +0.5 percentage points vs 07-2026 09-2026: 4.4%▲ +0.1 percentage points vs 08-2026 10-2026: 5.7%▲ +1.3 percentage points vs 09-2026highest value
Credit of up to €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.87, compared with 1.06 in 2023, below 1; short-term debt: 65.3% and cash: 4.9% of total assets), and 86.1% of the assets are financed with debt and provisions.
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 43, micro): better than 17% on solvency, 12% on liquidity, 12% on profitability and 12% on growth.

The bankruptcy probability was computed on 14-10-2026 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

Eight signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 92 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 31-10-2025)
NBB · annual accounts
lowers risk · Size: 0.4 FTE, total assets €502,077
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
21222324
2021 to 2024 · latest year -€41,668
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 7407 sector peers (2024).
NBB · sector comparison
Position among 7407 sector peers
Solvency
better than 14%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 76 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
92 days late
2023
20 days early
2022
88 days late
2021
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 48 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Resignation: Mathieu GODFROID (director)Gazette deed
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Caution: Among the weakest 9% on net resultsector median €45,145 · 7,402 companies -€41,668 View
  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€41,668 View

By topic

Financials

Financial year
2024
Total assets
€502,077
Loss
-€41,668
Solvency
13.9%
Total assets▼ 36.1%
Net result
20212024
Go to Financials

Timeline

Events
8
Since
2022
  1. 31-12-2023Weakest financial year
  2. 27-10-2023Annual accounts filed
  3. 31-12-2022Highest result from 2021 to 2024
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
12-01-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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