DNMS
Bankruptcy closedInactive since 23-09-2026; last annual accounts for financial year 2023.
Summary
DNMS was declared bankrupt on 08-07-2024 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 21-09-2026, published in the Belgian Official Gazette on 25-09-2026.
Financials · financial year 2023, abbreviated format
Turnover
≈ €9,300
Estimated: probably between €3,900 and €23,000
Total assets
€158,949▼ 57.7%
2022 · €375,517
Net result
-€56,425▼ 4,265%
2022 · -€1,293
Working capital
€46,455
2022 · -€18,346
Trend over the years
2019 to 2023, 5 financial years 2019 to 2023, 5 financial years
The operating result turns negative in 2023: a loss of €59,407 after €2,139 in 2022, 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-€59,407
2023
Net result-€56,425
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€158,949
2023
Equity€53,576
2023
Debt€105,373
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€46,455
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Operating result€13,286-€6,690▼ 49.7%€16,630▲ 149%€2,139▼ 87.1%-€59,407
Net result€12,966-€8,870▼ 31.6%€15,040▲ 69.6%-€1,293-€56,425▼ 4,265%
Equity€87,383-€96,253▲ 10.2%€111,293▲ 15.6%€110,001▼ 1.2%€53,576▼ 51.3%
Total assets€432,372-€377,585▼ 12.7%€450,905▲ 19.4%€375,517▼ 16.7%€158,949▼ 57.7%
Debt€344,989-€281,332▼ 18.5%€339,612▲ 20.7%€265,516▼ 21.8%€105,373▼ 60.3%
Working capital€24,649--€25,311€16,197-€18,346€46,455
Staff (FTE)2.9-3.6▲ 24.1%4.2▲ 16.7%1.7▼ 59.5%1▼ 41.2%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €158,949
Fixed assets
€11,985 ▼ 95.1%
Current assets
€146,963 ▲ 10.7%
Equity and liabilities €158,949
Equity
€53,576 ▼ 51.3%
Debt
€105,373 ▼ 60.3%
Debt's share of the balance-sheet total falls from 70.7% to 66.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€50,572▼
2022 · €42,466
Cash flow
-€47,590▼
2022 · €39,034
Current ratio
1.46▲
2022 · 0.88
Quick ratio
1.22▲
2022 · 0.72
Debt to equity
1.97▼
2022 · 2.41
ROE
-105.3%▼
2022 · -1.2%
ROA
-35.5%▼
2022 · -0.3%
Interest coverage
-28.57▼
2022 · 22.44
Debt ≤ 1 year
€100,508▼
2022 · €151,045
Debt > 1 year
€4,865▼
2022 · €53,906
Income taxes
€370▼
2022 · €2,844
Staff costs
€45,844▲
2022 · €45,787
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 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €16,959 | - |
| Remuneration, social security and pensions62 | - | - | - | €45,787 | €45,844 | ▲ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,560 | €29,611 | €28,940 | €40,327 | €8,835 | ▼ 78.1% |
| Other operating charges640/8 | - | - | - | €7,283 | €4,748 | ▼ 34.8% |
| Non-recurring operating charges66A | - | - | - | - | €1,357 | - |
| Gross operating margin9900 | €155,090 | €167,369 | €157,202 | €95,537 | €1,376 | ▼ 98.6% |
| Operating profit (loss)9901 | €13,286 | €6,690 | €16,630 | €2,139 | -€59,407 | - |
| Financial income75/76B | - | - | - | €1,305 | €5,123 | ▲ 293% |
| Recurring financial income75 | €3,588 | €5,708 | €2,633 | €1,305 | €5,123 | ▲ 293% |
| Financial charges65/66B | - | - | - | €1,893 | €1,770 | ▼ 6.5% |
| Recurring financial charges65 | €3,411 | €3,098 | €2,223 | €1,893 | €1,770 | ▼ 6.5% |
| Profit (loss) for the period before taxes9903 | €13,464 | €9,299 | €17,040 | €1,552 | -€56,055 | - |
| Income taxes67/77 | €498 | €429 | €2,000 | €2,844 | €370 | ▼ 87.0% |
| Profit (loss) for the period9904 | €12,966 | €8,870 | €15,040 | -€1,293 | -€56,425 | ▼ 4,265% |
| Profit (loss) for the period to be appropriated9905 | €12,966 | €8,870 | €15,040 | -€1,293 | -€56,425 | ▼ 4,265% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €432,372 | €377,585 | €450,905 | €375,517 | €158,949 | ▼ 57.7% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €270,693 | €252,901 | €275,905 | €242,818 | €11,985 | ▼ 95.1% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €267,858 | €250,066 | €273,070 | €239,983 | €9,150 | ▼ 96.2% |
| Land and buildings22 | - | - | - | €79,419 | - | - |
| Plant, machinery and equipment23 | - | - | - | €141,732 | €1,848 | ▼ 98.7% |
| Furniture and vehicles24 | - | - | - | €18,832 | €7,302 | ▼ 61.2% |
| Financial fixed assets28 | €2,835 | €2,835 | €2,835 | €2,835 | €2,835 | = |
| Current assets29/58 | €161,679 | €124,684 | €175,000 | €132,699 | €146,963 | ▲ 10.7% |
| Stocks and contracts in progress3 | €33,911 | €17,500 | €30,180 | €23,740 | €24,000 | ▲ 1.1% |
| Stocks30/36 | - | - | - | €23,740 | €24,000 | ▲ 1.1% |
| Amounts receivable within one year40/41 | €69,809 | €31,755 | €26,639 | €27,751 | €97,151 | ▲ 250% |
| Trade receivables40 | - | - | - | €13,885 | €10,223 | ▼ 26.4% |
| Other amounts receivable41 | - | - | - | €13,866 | €86,929 | ▲ 527% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €45,100 | €61,265 | €103,825 | €50,914 | €22,268 | ▼ 56.3% |
| Deferred charges and accrued income490/1 | - | - | - | €30,294 | €3,544 | ▼ 88.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €432,372 | €377,585 | €450,905 | €375,517 | €158,949 | ▼ 57.7% |
| Equity10/15 | €87,383 | €96,253 | €111,293 | €110,001 | €53,576 | ▼ 51.3% |
| Contributions10/11 | €18,600 | €0 | - | €18,600 | €18,600 | = |
| Reserves13 | €27,860 | €27,860 | €92,693 | €91,401 | €42,860 | ▼ 53.1% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €89,541 | €41,000 | ▼ 54.2% |
| Profit (loss) carried forward14 | €40,923 | €49,793 | €0 | - | -€7,884 | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €344,989 | €281,332 | €339,612 | €265,516 | €105,373 | ▼ 60.3% |
| Amounts payable after more than one year17 | €154,959 | €109,624 | €104,274 | €53,906 | €4,865 | ▼ 91.0% |
| Financial debts170/4 | - | - | - | €53,906 | €4,865 | ▼ 91.0% |
| Amounts payable within one year42/48 | €137,030 | €149,995 | €158,803 | €151,045 | €100,508 | ▼ 33.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €50,368 | €49,041 | ▼ 2.6% |
| Trade debts44 | €54,951 | €73,579 | €74,235 | €87,784 | €43,176 | ▼ 50.8% |
| Suppliers440/4 | - | - | - | €87,784 | €43,176 | ▼ 50.8% |
| Taxes, remuneration and social security45 | - | - | - | €12,893 | €8,291 | ▼ 35.7% |
| Taxes450/3 | - | - | - | €10,196 | €3,000 | ▼ 70.6% |
| Remuneration and social security454/9 | - | - | - | €2,697 | €5,291 | ▲ 96.2% |
| Other amounts payable47/48 | - | - | - | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €60,565 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,966 | €8,870 | €15,040 | -€1,293 | -€56,425 | ▼ 4,265% |
| + Depreciation and write-downs630 | €19,560 | €29,611 | €28,940 | €40,327 | €8,835 | ▼ 78.1% |
| Operating cash flow (approximation) | €32,526 | €38,481 | €43,980 | €39,034 | -€47,590 | - |
| Investment in fixed assets (approximation) | - | -€11,819 | -€51,943 | -€7,240 | €221,997 | - |
| Change in cash | - | €16,165 | €42,560 | -€52,911 | -€28,646 | ▲ 45.9% |
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 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2023 | abbreviated format | 27-10-2023 | 2023-00494453 |
| 31-03-2022 | abbreviated format | 28-10-2022 | 2022-20476556 |
| 31-03-2021 | abbreviated format | 30-09-2021 | 2021-69600566 |
| 31-03-2020 | micro format | 30-10-2020 | 2020-65700227 |
| 31-03-2019 | micro format | 09-10-2019 | 2019-69300425 |
| 31-03-2018 | micro format | 31-10-2018 | 2018-71600567 |
| 31-03-2017 | micro format | 31-10-2017 | 2017-68600540 |
| 31-03-2016 | abbreviated format | 26-10-2016 | 2016-66800582 |
| 31-03-2015 | abbreviated format | 15-10-2015 | 2015-64900595 |
| 31-03-2014 | abbreviated format | 29-09-2014 | 2014-60700007 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.