DMZ
InactiveFinancials · financial year 2025, micro format
Equity
€207,305▼ 17.1%
2024 · €250,069
Total assets
€563,807▼ 8.6%
2024 · €617,170
Net result
-€42,764▼ 152%
2024 · -€16,954
Working capital
-€339,451▼ 2.6%
2024 · -€330,948
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €43,248 in 2025 against €17,514 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.04m
2025
Net result-€0.04m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.6m
2025
Equity€0.2m
2025
Debt€0.3m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.3m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€0.01m--€0.02m▼ 39.4%€0.04m-€0.01m-€0.01m▲ 27.5%-€0.02m▼ 79.8%-€0.04m▼ 147%
Net result-€0.03m--€0.03m▼ 15.2%€0.04m-€0.01m-€0.009m▲ 28.8%-€0.02m▼ 83.9%-€0.04m▼ 152%
Equity€0.3m-€0.2m▼ 10.8%€0.3m▲ 16.6%€0.3m▼ 4.5%€0.3m▼ 3.3%€0.3m▼ 6.3%€0.2m▼ 17.1%
Total assets€1.3m-€1.2m▼ 3.3%€0.7m▼ 39.4%€0.7m▼ 3.5%€0.7m▼ 9.2%€0.6m▼ 5.8%€0.6m▼ 8.6%
Debt€1.0m-€1.0m▼ 1.1%€0.4m▼ 54.0%€0.4m▼ 2.8%€0.4m▼ 13.1%€0.4m▼ 5.4%€0.3m▼ 2.8%
Working capital-€0.9m--€0.9m▲ 0.2%-€0.4m▲ 56.0%-€0.4m▲ 4.8%-€0.3m▲ 6.1%-€0.3m▲ 3.9%-€0.3m▼ 2.6%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €563,807
Fixed assets
€557,265 ▼ 5.9%
Current assets
€6,542 ▼ 73.8%
Equity and liabilities €563,807
Equity
€207,305 ▼ 17.1%
Provisions
€10,509 ▼ 5.9%
Debt
€345,993 ▼ 2.8%
Debt's share of the balance-sheet total rises from 57.7% to 61.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€13,725▼
2024 · €13,686
Cash flow
-€13,241▼
2024 · €14,246
Current ratio
0.02▼
2024 · 0.07
Debt to equity
1.67▲
2024 · 1.42
ROE
-20.6%▼
2024 · -6.8%
ROA
-7.6%▼
2024 · -2.7%
Interest coverage
-283.00▼
2024 · over 100
Debt ≤ 1 year
€345,993▼
2024 · €355,935
Income taxes
€155▲
2024 · €146
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51,731 | €52,572 | €38,489 | €32,206 | €32,199 | €31,200 | €29,523 | ▼ 5.4% |
| Other operating charges640/8 | - | - | - | €8,292 | €9,958 | €9,844 | €7,670 | ▼ 22.1% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €5,395 | - |
| Gross operating margin9900 | €51,592 | €43,912 | €92,927 | €27,061 | €32,417 | €23,529 | -€661 | - |
| Operating profit (loss)9901 | -€14,627 | -€20,390 | €42,913 | -€13,437 | -€9,740 | -€17,514 | -€43,248 | ▼ 147% |
| Financial income75/76B | - | - | - | €51 | €52 | €92 | €31 | ▼ 66.2% |
| Recurring financial income75 | €20 | €4 | €17 | €51 | €52 | €92 | €31 | ▼ 66.2% |
| Financial charges65/66B | - | - | - | €52 | €41 | €42 | €49 | ▲ 15.5% |
| Recurring financial charges65 | €12,863 | €10,230 | €4,587 | €52 | €41 | €42 | €49 | ▲ 15.5% |
| Profit (loss) for the period before taxes9903 | -€27,470 | -€30,616 | €38,342 | -€13,439 | -€9,730 | -€17,465 | -€43,266 | ▼ 148% |
| Transfer from deferred taxes780 | - | - | - | €657 | €657 | €657 | €657 | = |
| Income taxes67/77 | €208 | €186 | €159 | €164 | €145 | €146 | €155 | ▲ 6.0% |
| Profit (loss) for the period9904 | -€26,061 | -€30,024 | €38,960 | -€12,946 | -€9,218 | -€16,954 | -€42,764 | ▼ 152% |
| Transfer from tax-exempt reserves789 | - | - | - | €1,970 | €1,970 | €1,970 | €1,970 | = |
| Profit (loss) for the period to be appropriated9905 | -€23,778 | -€28,174 | €40,810 | -€10,976 | -€7,248 | -€14,983 | -€40,793 | ▼ 172% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.3m | €1.2m | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | ▼ 8.6% |
| Fixed assets21/28 | €1.2m | €1.2m | €0.7m | €0.7m | €0.6m | €0.6m | €0.6m | ▼ 5.9% |
| Tangible fixed assets22/27 | €1.2m | €1.2m | €0.7m | €0.7m | €0.6m | €0.6m | €0.6m | ▼ 5.9% |
| Land and buildings22 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 5.1% |
| Plant, machinery and equipment23 | - | - | - | €0.007m | €0.006m | €0.005m | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €0.003m | €0.001m | €99 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Current assets29/58 | €0.05m | €0.05m | €0.06m | €0.07m | €0.03m | €0.02m | €0.007m | ▼ 73.8% |
| Amounts receivable within one year40/41 | €0.04m | €0.02m | €78 | €0 | €318 | €180 | €0.001m | ▲ 522% |
| Trade receivables40 | - | - | - | - | €306 | €0 | - | - |
| Other amounts receivable41 | - | - | - | €0 | €13 | €180 | €0.001m | ▲ 522% |
| Current investments50/53 | - | - | - | - | - | - | €0 | - |
| Cash at bank and in hand54/58 | €0.02m | €0.03m | €0.06m | €0.07m | €0.03m | €0.02m | €0.005m | ▼ 79.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.001m | €427 | ▼ 57.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.3m | €1.2m | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | ▼ 8.6% |
| Equity10/15 | €0.3m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 17.1% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Capital10 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Issued capital100 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Reserves13 | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.03m | €0.03m | ▼ 5.9% |
| Tax-exempt reserves132 | - | - | - | €0.04m | €0.04m | €0.03m | €0.03m | ▼ 5.9% |
| Profit (loss) carried forward14 | -€0.3m | -€0.3m | -€0.3m | -€0.3m | -€0.3m | -€0.3m | -€0.4m | ▼ 12.9% |
| Provisions and deferred taxes16 | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▼ 5.9% |
| Deferred taxes168 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | ▼ 5.9% |
| Amounts payable17/49 | €1.0m | €1.0m | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 2.8% |
| Amounts payable after more than one year17 | €0.05m | €0.04m | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.9m | €0.9m | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 2.8% |
| Trade debts44 | €0.004m | €0.009m | €0.001m | €466 | €0.002m | €378 | €0.003m | ▲ 646% |
| Suppliers440/4 | - | - | - | €466 | €0.002m | €378 | €0.003m | ▲ 646% |
| Taxes, remuneration and social security45 | - | - | - | €223 | €451 | €0.001m | €327 | ▼ 42.3% |
| Taxes450/3 | - | - | - | €223 | €451 | €0.001m | €327 | ▼ 42.3% |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 3.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,061 | -€30,024 | €38,960 | -€12,946 | -€9,218 | -€16,954 | -€42,764 | ▼ 152% |
| + Depreciation and write-downs630 | €51,731 | €52,572 | €38,489 | €32,206 | €32,199 | €31,200 | €29,523 | ▼ 5.4% |
| Operating cash flow (approximation) | €25,671 | €22,548 | €77,450 | €19,260 | €22,981 | €14,246 | -€13,241 | - |
| Investment in fixed assets (approximation) | - | -€9,452 | €453,497 | €0 | €0 | €0 | €5,395 | - |
| Change in cash | - | €15,823 | €26,971 | €5,878 | -€34,715 | -€6,561 | -€18,817 | ▼ 187% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 18-12-2025 | 2025-00584230 |
| 30-09-2024 | micro format | 19-12-2024 | 2024-00619870 |
| 30-09-2023 | micro format | 02-01-2024 | 2024-00540791 |
| 30-09-2022 | micro format | 23-01-2023 | 2023-00001648 |
| 30-09-2021 | micro format | 20-01-2022 | 2022-01300446 |
| 30-09-2020 | micro format | 21-04-2021 | 2021-11000507 |
| 30-09-2019 | micro format | 13-01-2020 | 2020-01300055 |
| 30-09-2018 | micro format | 14-01-2019 | 2019-01200016 |
| 30-09-2017 | micro format | 12-01-2018 | 2018-01300190 |
| 30-09-2016 | abbreviated format | 18-01-2017 | 2017-01300490 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.