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.
Overview
Activity
Activity not known
Size
€158,949total assets 2023
- Staff
- 1 FTE
- Equity
- €53,576
- Loss
- -€56,425
Turnover not published (abbreviated or micro format)
Financial health
Bankruptcy closed: no score
Structure
0 of 3 deeds read
Signalsraises riskBankruptcy closedneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 27-10-2023, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2023
4 days early
2022
3 days early
2021
31 days early
2020
1 day early
2019
22 days early
2018
on the day
2017
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 9 days before the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
Searched, nothing found (1)
- Bankruptcy closure (by liquidation)Enterprise Court of Ghent, Dendermonde…
- OpeningEnterprise Court of Ghent, Dendermonde…
- Annual accounts filedfinancial year 2023 · abbreviated…
Financials · financial year 2023, abbreviated format
Equity
€53,576▼ 51.3%
2022 · €110,001
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.
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.
Directors
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Tineke Van Weyenberg Franz Courtensstraat 2, 9200 Dendermonde |
08-07-2024 → 21-09-2026 |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2026
25-09
Bankruptcy
Bankruptcy closure (by liquidation)
Enterprise Court of Ghent, Dendermonde division · judgment of 21-09-2026
2024
12-07
Bankruptcy
Opening
Enterprise Court of Ghent, Dendermonde division · judgment of 08-07-2024
2023
27-10
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
31-03
Financial
Weakest financial yearnet -€56,425
Net result drops to -€56,425, the lowest in the series.
2022
28-10
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
2021
30-09
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
31-03
Financial
Highest result from 2019 to 2023net €15,040 ▲69.6%
Operating result €16,630, net result €15,040, both a record.
31-03
Financial
Equity above €100,000equity €111,293 ▲15.6%
A profit in every financial year since 2019 builds equity to €111,293.
2020
30-10
NBB filing
Annual accounts filed
financial year 2020 · micro format
2019
09-10
NBB filing
Annual accounts filed
financial year 2019 · micro format
2018
31-10
NBB filing
Annual accounts filed
financial year 2018 · micro format
2017
31-10
NBB filing
Annual accounts filed
financial year 2017 · micro format
Show earlier events
2016
26-10
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
2015
15-10
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format
2014
29-09
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 11 annual accounts filed, the latest 10 are here; all 11 are under Financials.
0 of 3 deeds read
About the unread acts
We know of 3 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Lebbeke
Ground area
149 m²
Building footprint
126 m²
Building volume
545 m³
Parcel 42011A0490/00L000, Flanders · tallest building 9.0 m. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42011A0490/00L000 | Flanders | 149 m² | 1 · 126 m² | 9.0 m · 1 |
How the parcels are linked
Good to know
The parcel matches the address exactly.