DUDEMSA

Active

Private limited companyfounded 200026 yrs activeVennestraat 66, 3600 Genk, BelgiumKBO/BCE: BE 0471.980.026

DUDEMSA has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-439k) and a net result of €-48k. Equity is shrinking by ~49% per year across the filed fiscal years. Its solvency ranks better than 7% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2024

30 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability26▲+24

Solvency7▼-3

Growth32=

Track record100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.27 against 0.3 in 2023; short-term debt: 114.4% and cash: 0.7% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-17.7%

Return on assets

-1.9%

Age of the figures

21 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €-439k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-02-2026, 200 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

200 d late

2023

30 d late

2022

31 d late

2021

31 d late

2020

31 d late

2019

6 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€-439k▼ 12.4%

2023 · €-391k

2018: €226k 2019: €97k 2020: €206k 2021: €351k 2022: €10k 2023: €-391k

2018 → 2024

Total assets

€2.48M▼ 6.3%

2023 · €2.65M

2018: €2.52M 2019: €2.29M 2020: €2.49M 2021: €3.00M 2022: €2.83M 2023: €2.65M

2018 → 2024

Net result

€-48k▲ 87.9%

2023 · €-400k

2018: €35k 2019: €-130k 2020: €109k 2021: €-803k 2022: €-342k 2023: €-400k

2018 → 2024

Working capital

€-2.08M▼ 6.9%

2023 · €-1.95M

2018: €-239k 2019: €-516k 2020: €-294k 2021: €-852k 2022: €-1.54M 2023: €-1.95M

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€206k-€351k▲ 70.8%€10k▼ 97.2%€-391k€-439k▼ 12.4%

Operating result€208k-€-608k€-217k▲ 64.3%€-32k▲ 85.3%€249k

Net result€109k-€-803k€-342k▲ 57.5%€-400k▼ 17.2%€-48k▲ 87.9%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €249k after a loss of €32k in 2023, the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €2.48M

69.6%

30.4%

Fixed assets €1.73M▼ 4.7%

Current assets €754k▼ 9.8%

Key figures and ratios

2024 value · change against 2023

EBITDA

€355k▲

2023 · €76k

Cash flow

€58k▲

2023 · €-292k

Solvency

-17.7%▼

2023 · -14.8%

Current ratio

0.27▼

2023 · 0.30

Quick ratio

0.18▼

2023 · 0.21

Debt / equity

-6.65▲

2023 · -7.78

ROA

-1.9%▲

2023 · -15.1%

Interest coverage

1.19▲

2023 · 0.21

Debt

€2.92M▼

2023 · €3.04M

Debt ≤ 1 year

€2.84M▲

2023 · €2.79M

Debt > 1 year

€81k▼

2023 · €247k

Staff costs

€315k▲

2023 · €288k

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€2.65M€2.48M▼

Fixed assets21/28€1.81M€1.73M▼

Intangible fixed assets21€0€30▲

Tangible fixed assets22/27€1.81M€1.72M▼

Land and buildings22€1.76M€1.68M▼

Plant, machinery and equipment23€12k€28k▲

Furniture and vehicles24€849€613▼

Leasing and similar rights25€36k€19k▼

Financial fixed assets28€2k€2k=

Current assets29/58€836k€754k▼

Stocks and contracts in progress3€245k€244k▼

Stocks30/36€245k€244k▼

Amounts receivable within one year40/41€587k€492k▼

Trade receivables40€221k€252k▲

Other amounts receivable41€366k€240k▼

Cash at bank and in hand54/58€3k€18k▲

Equity and liabilities

Total equity and liabilities10/49€2.65M€2.48M▼

Equity10/15€-391k€-439k▼

Contributions10/11€469k€469k=

Revaluation surpluses12€949k€949k=

Reserves13€94k€94k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€92k€92k=

Profit (loss) carried forward14€-1.90M€-1.95M▼

Amounts payable17/49€3.04M€2.92M▼

Amounts payable after more than one year17€247k€81k▼

Financial debts170/4€247k€81k▼

Amounts payable within one year42/48€2.79M€2.84M▲

Current portion of amounts payable after more than one year42€908k€2.08M▲

Financial debts43€977k-

Credit institutions430/8€977k-

Trade debts44€671k€428k▼

Suppliers440/4€671k€428k▼

Taxes, remuneration and social security45€103k€119k▲

Taxes450/3€32k€26k▼

Remuneration and social security454/9€71k€93k▲

Other amounts payable47/48€127k€208k▲

Accrued charges and deferred income492/3€5k-

Income statement Code20232024

Remuneration, social security and pensions62€288k€315k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108k€106k▼

Other operating charges640/8€35k€12k▼

Non-recurring operating charges66A€12k€11k▼

Gross operating margin9900€411k€693k▲

Operating profit (loss)9901€-32k€249k▲

Financial income75/76B€67€816▲

Recurring financial income75€67€816▲

Financial charges65/66B€367k€299k▼

Recurring financial charges65€367k€299k▼

Profit (loss) for the period before taxes9903€-399k€-48k▲

Income taxes67/77€2k-

Profit (loss) for the period9904€-400k€-48k▲

Profit (loss) for the period to be appropriated9905€-400k€-48k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-1.90M€-1.95M▼

Profit (loss) brought forward from the previous period14P€-1.50M€-1.90M▼

Social balance

Average headcount (FTE)908712.8-

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2026

16-02

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 200 days late

2024

30-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 30 days late

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 31 days late

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 31 days late

2021

31-12

Financial Weakest financial yearnet €-803k ▼836%

Net result drops to €-803k, the lowest in the series; recovery starts the following year.

31-08

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 31 days late

2020

31-12

Financial Back to profitnet €109k

Net result €109k after one loss-making year.

31-12

Financial Equity above €200kEq €206k ▲113%

Equity rises from €97k to €206k.

06-08

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 6 days late

2019

13-08

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 13 days late

2018

21-08

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 21 days late

2017

03-07

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2016

22-06

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial 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 2017

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.

01-04-2017 DEMER Nazen: Resigned as Manager

03-01-2017 DEMIR Mehmet: Resigned as Manager

Location & real-estate footprint

Registered office, Genk · 2 establishment units since 2000

establishment All 2 establishment units on the map

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.

Vennestraat 663600 Genk

Ground area

5,527 m²

Building footprint

1,471 m²