Domo Engineered Materials
Open bankruptcyA bankruptcy procedure is open for Domo Engineered Materials according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €42.84M and a net result of €1.77M.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
15 d early
2022
20 d early
2021
31 d early
2020
17 d early
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€4.91M▲ 16.9%
2023 · €4.20M
2018: €1.98M
2019: €2.29M
2020: €3.22M
2021: €4.73M
2022: €4.61M
2023: €4.20M
2018 → 2024
EBIT margin
4.1%▼ 14.5pp
2023 · 18.6%
2018: -863.2%
2019: -3.3%
2020: -7.8%
2021: 0.7%
2022: -5.4%
2023: 18.6%
2018 → 2024
Net result
€1.77M▼ 50.9%
2023 · €3.61M
2018: €-16.29M
2019: €592k
2020: €655k
2021: €925k
2022: €757k
2023: €3.61M
2018 → 2024
Working capital
€29.24M▲ 6.7%
2023 · €27.42M
2018: €31.77M
2019: €20.60M
2020: €21.40M
2021: €22.39M
2022: €22.77M
2023: €27.42M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€3.22M-€4.73M▲ 46.8%€4.61M▼ 2.6%€4.20M▼ 8.7%€4.91M▲ 16.9%
Equity€35.78M-€36.71M▲ 2.6%€37.47M▲ 2.1%€41.07M▲ 9.6%€42.84M▲ 4.3%
Operating result€-252k-€31k€-249k€781k€202k▼ 74.2%
Net result€655k-€925k▲ 41.3%€757k▼ 18.1%€3.61M▲ 376%€1.77M▼ 50.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 74% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45.37M
Fixed assets
€14.39M▲ 4.7%
Current assets
€30.98M▲ 7.3%
Equity and liabilities €45.37M
Equity
€42.84M▲ 4.3%
Debt
€2.53M▲ 63.2%
The debt ratio rises from 3.6% to 5.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€260k▼
2023 · €853k
Cash flow
€1.83M▼
2023 · €3.68M
Solvency
94.4%▼
2023 · 96.4%
Current ratio
17.81▼
2023 · 19.78
Quick ratio
17.81▼
2023 · 19.78
Debt / equity
0.06▲
2023 · 0.04
ROE
4.1%▼
2023 · 8.8%
ROA
3.9%▼
2023 · 8.5%
Interest coverage
81.17▼
2023 · 1148.48
Debt
€2.53M▲
2023 · €1.55M
Debt ≤ 1 year
€1.74M▲
2023 · €1.46M
Income taxes
€83k▼
2023 · €516k
Staff costs
€3.16M▲
2023 · €2.34M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€42.62M€45.37M▲
Fixed assets21/28€13.75M€14.39M▲
Tangible fixed assets22/27€229k€171k▼
Land and buildings22€116k€108k▼
Furniture and vehicles24€73k€22k▼
Assets under construction and advance payments27€41k€41k=
Financial fixed assets28€13.52M€14.22M▲
Affiliated companies280/1€13.49M€14.19M▲
Participating interests280€6.93M€6.93M=
Amounts receivable281€6.55M€7.25M▲
Other financial fixed assets284/8€29k€29k=
Amounts receivable and cash guarantees285/8€29k€29k=
Current assets29/58€28.88M€30.98M▲
Amounts receivable within one year40/41€27.34M€29.21M▲
Trade receivables40€299k€636k▲
Other amounts receivable41€27.05M€28.57M▲
Cash at bank and in hand54/58-€191
Deferred charges and accrued income490/1€1.53M€1.77M▲
Equity and liabilities
Total equity and liabilities10/49€42.62M€45.37M▲
Equity10/15€41.07M€42.84M▲
Contributions10/11€245k€245k=
Capital10€245k€245k=
Issued capital100€245k€245k=
Reserves13€2.28M€2.28M=
Non-distributable reserves130/1€26k€26k=
Legal reserve130€26k€26k=
Tax-exempt reserves132€43k€43k=
Distributable reserves133€2.21M€2.21M=
Profit (loss) carried forward14€38.55M€40.32M▲
Amounts payable17/49€1.55M€2.53M▲
Amounts payable within one year42/48€1.46M€1.74M▲
Trade debts44€438k€108k▼
Suppliers440/4€438k€108k▼
Taxes, remuneration and social security45€1.02M€1.63M▲
Taxes450/3€562k€828k▲
Remuneration and social security454/9€460k€803k▲
Other amounts payable47/48€14-
Accrued charges and deferred income492/3€89k€789k▲
Income statement
Code20232024
Operating income70/76A€5.02M€4.92M▼
Turnover70€4.20M€4.91M▲
Other operating income74€817k€3k▼
Non-recurring operating income76A€0€50▲
Operating charges60/66A€4.24M€4.72M▲
Services and other goods61€1.80M€1.49M▼
Remuneration, social security and pensions62€2.34M€3.16M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72k€58k▼
Other operating charges640/8€5k€4k▼
Non-recurring operating charges66A€18k-
Operating profit (loss)9901€781k€202k▼
Financial income75/76B€3.79M€1.66M▼
Recurring financial income75€3.79M€1.66M▼
Income from current assets751€1.60M€877k▼
Other financial income752/9€2.19M€784k▼
Financial charges65/66B€448k€10k▼
Recurring financial charges65€448k€10k▼
Debt charges650€743€3k▲
Other financial charges652/9€448k€7k▼
Profit (loss) for the period before taxes9903€4.12M€1.85M▼
Income taxes67/77€516k€83k▼
Taxes670/3€516k€83k▼
Profit (loss) for the period9904€3.61M€1.77M▼
Profit (loss) for the period to be appropriated9905€3.61M€1.77M▼
Appropriation of the result
Profit (loss) to be appropriated9906€38.55M€40.32M▲
Profit (loss) brought forward from the previous period14P€34.94M€38.55M▲
Social balance
Average headcount (FTE)908714.218.9▲
The notes to these accounts (42 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
05-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · DOMO ENGINEERED MATE- RIALS NV NEDERZWIJNAARDE 2, 9052 ZWIJNAARDE · event 28-04-2026
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €3.61M ▲376%
Operating result €781k, net result €3.61M, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €592k
Net result €592k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-01-2026
DE VOS Bernard: Resigned as Director
22-06-2020
Ascon: Resigned as Director
22-06-2020
DOMO CHEMICALS HOLDING: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nederzwijnaarde 29052 GentGround area
16.2 ha
Building footprint
8.2 ha
Parcel 44082B0391/00B002, Flanders. Linked by address, not a title deed.
1 establishment unit
Domo Gent Polymers
since 20052.159.774.779
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082B0391/00B002 | Flanders | 16.2 ha | 1 · 8.2 ha | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | MATTHIAS GESQUIERE MAALTEMEERS 84, 9051 1
GENT (SINT-DENIJS-WESTREM) |
28-04-2026 → present |
| Curator | BENNY
GOOSSENS TOLPOORTSTRAAT 145, 9800 DEINZE- info@advocaat-
goossens.be |
28-04-2026 → present |
| Curator | NICK PEETERS LEIEKAAI 25, 9000 GENT- Nick- |
28-04-2026 → present |
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 2,226 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-06-2005
Fiscal year end31-12
Activities, NACEBEL
20160Manufacture of chemicals and chemical products
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.