Equity
-€109,043
Debts exceed assets in financial year 2025.
DSM
Lifetime
20 annual accounts with figures on one time axis, 33 filings since 1993peak €340,209 (2013)
€77,440▼ 42.5%
lowest -€107,085 (2014)
€66,658▲ €81,241
peak €114,524 (2010)
-€109,043▲ €66,658
€228,840▼ 17.6%
peak 7.5 FTE (2013)
-not published
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €134,570 to €77,440Back to profit: €66,658Equity from -€175,701 to -€109,043Debts from €277,744 to €228,840Investments €2,322Cash from €9,048 to €27,366
Key points
from the 2025 annual accountsResult
€66,658 €66,658
Back in profit in 2025, after a loss of €14,583 in 2024.
Debts
€228,840 191% of the balance sheet
Financial debts 31%Suppliers 2%Taxes and wages 0%Other 67%
Of this, €75,431 falls due within a year.
Investments
€2,322 3.3 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.43 was 0.74 in 2024
Short-term debts fell from €124,119 to €75,431.
Position in the sector
-91.0%
Lower solvency than 95% of companies in specialised construction. Sector median 46.8% · 37,211 companies.
2025 accounts filed 25 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,795 companies had the same profile as DSM has now. Each dot stands for 10 companies, two years later.
91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,795 companies, not a prediction for DSM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0449535810
First establishment
Rocherath,Liesengasse 6, Bullange
Incorporation
published on 24-03-1993 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DSM Bullange | €119,797 | €77,440 | -91.0% | - |
| DARCALU 2000 Ecaussinnes | €137,483 | €81,371 | -56.2% | - |
| VANDENBOSSCHE Kluisbergen | €116,931 | €89,569 | 47.9% | - |
| SCHUDDINCK CREATIONS Aalst | €113,138 | €83,238 | -31.4% | - |
| ADMECO Geel | €108,369 | €77,876 | 36.4% | - |
| VANA-DOORS Roeselare | €104,554 | €80,209 | 2.8% | - |
| WIBO Kapellen | €115,501 | €71,228 | 35.8% | - |
These companies have the same main activity as DSM: joinery installation (NACE 43320). They are comparable in size and age: total assets between €105,000 and €137,000, founded between 1990 and 1997.
Official details
Source: KBO- Status
- Active since 01-03-1993Normal situation
- Activity
- Joinery installationNACE 43320and 2 others
- Establishment unit
- 2.061.913.0634761 Bullange, since 03-05-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 20-10-2025
Insights on DSM
DSM files the micro format. That format states no turnover. The gross margin fell from €141,397 in 2006 to €77,440 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DSM
- What is the company number of DSM?
- The company number of DSM is 0449.535.810. The VAT number is the same number with BE in front: BE 0449.535.810.
- Where is DSM based?
- The registered office is at Rocherath,Liesengasse 6, 4761 Bullange.Company details
- What does DSM do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of DSM?
- DSM is a private limited company (pre-2019) (BVBA).
- When was DSM founded?
- DSM was founded on 01-03-1993.
- Is DSM still active?
- Yes, DSM is an active enterprise in the KBO register.
- How many employees does DSM have?
- DSM had an average of 0.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of DSM?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €77,440 and 39 comparable companies (NACE 43320). It probably lies between €230,000 and €480,000.
- Is DSM profitable?
- In financial year 2025, DSM made a profit of €66,658.
- Where can I find the annual accounts of DSM?
- DSM filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DSM due?
- DSM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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